Document:

Unassociated Document

     

    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 February 1, 2007

     

    ________________________________________

     

    BEAR
      STEARNS ASSET BACKED SECURITIES I TRUST 2007-FS1

     

    ASSET-BACKED
      CERTIFICATES, SERIES 2007-FS1

     

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    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

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

            	 

    

    
      	
              Section
                3.22

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

            	 

    

    
      	
              Section
                3.23

            	
              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
                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 Transferee Affidavit and Agreement

              
	
                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

              	
                Swap
                  Agreement

              
	
                Exhibit
                  N

              	
                [Reserved]

              
	
                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

              
	
                Exhibit
                  S

              	
                Form
                  of Transferor Affidavit

              

      

    

    

    POOLING
      AND SERVICING AGREEMENT, dated as of February 1, 2007, 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

     

    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 Trustee will elect to treat the segregated pool of assets
      consisting of the Mortgage Loans and certain other related assets subject to
      this Agreement (other than the Reserve Fund, any Prepayment Charge Waiver
      Amounts and, for the avoidance of doubt, the Supplemental Interest Trust, the
      Swap Agreement, the Swap Account, the Swap Collateral 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 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)

              
	
                II-A
                  Non-Swap

              	
                Variable(2)

              	
                $

              	
                70,635,475.99
                  

              	
                February
                  25, 2037

              
	
                I-1-A

              	
                Variable(2)

              	
                $

              	
                1,535,675.00
                  

              	
                February
                  25, 2037

              
	
                I-1-B

              	
                Variable(2)

              	
                $

              	
                1,535,675.00
                  

              	
                February
                  25, 2037

              
	
                I-2-A

              	
                Variable(2)

              	
                $

              	
                1,933,402.96
                  

              	
                February
                  25, 2037

              
	
                I-2-B

              	
                Variable(2)

              	
                $

              	
                1,933,402.96
                  

              	
                February
                  25, 2037

              
	
                I-3-A

              	
                Variable(2)

              	
                $

              	
                2,329,600.21
                  

              	
                February
                  25, 2037

              
	
                I-3-B

              	
                Variable(2)

              	
                $

              	
                2,329,600.21
                  

              	
                February
                  25, 2037

              
	
                I-4-A

              	
                Variable(2)

              	
                $

              	
                2,721,082.26
                  

              	
                February
                  25, 2037

              
	
                I-4-B

              	
                Variable(2)

              	
                $

              	
                2,721,082.26
                  

              	
                February
                  25, 2037

              
	
                I-5-A

              	
                Variable(2)

              	
                $

              	
                3,104,547.56
                  

              	
                February
                  25, 2037

              
	
                I-5-B

              	
                Variable(2)

              	
                $

              	
                3,104,547.56
                  

              	
                February
                  25, 2037

              
	
                I-6-A

              	
                Variable(2)

              	
                $

              	
                3,476,587.42
                  

              	
                February
                  25, 2037

              
	
                I-6-B

              	
                Variable(2)

              	
                $

              	
                3,476,587.42
                  

              	
                February
                  25, 2037

              
	
                I-7-A

              	
                Variable(2)

              	
                $

              	
                3,833,803.30
                  

              	
                February
                  25, 2037

              
	
                I-7-B

              	
                Variable(2)

              	
                $

              	
                3,833,803.30
                  

              	
                February
                  25, 2037

              
	
                I-8-A

              	
                Variable(2)

              	
                $

              	
                4,172,770.62
                  

              	
                February
                  25, 2037

              
	
                I-8-B

              	
                Variable(2)

              	
                $

              	
                4,172,770.62
                  

              	
                February
                  25, 2037

              
	
                I-9-A

              	
                Variable(2)

              	
                $

              	
                4,481,531.71
                  

              	
                February
                  25, 2037

              
	
                I-9-B

              	
                Variable(2)

              	
                $

              	
                4,481,531.71
                  

              	
                February
                  25, 2037

              
	
                I-10-A

              	
                Variable(2)

              	
                $

              	
                4,697,231.95
                  

              	
                February
                  25, 2037

              
	
                I-10-B

              	
                Variable(2)

              	
                $

              	
                4,697,231.95
                  

              	
                February
                  25, 2037

              
	
                I-11-A

              	
                Variable(2)

              	
                $

              	
                4,504,475.28
                  

              	
                February
                  25, 2037

              
	
                I-11-B

              	
                Variable(2)

              	
                $

              	
                4,504,475.28
                  

              	
                February
                  25, 2037

              
	
                I-12-A

              	
                Variable(2)

              	
                $

              	
                4,318,901.87
                  

              	
                February
                  25, 2037

              
	
                I-12-B

              	
                Variable(2)

              	
                $

              	
                4,318,901.87
                  

              	
                February
                  25, 2037

              
	
                I-13-A

              	
                Variable(2)

              	
                $

              	
                4,141,227.99
                  

              	
                February
                  25, 2037

              
	
                I-13-B

              	
                Variable(2)

              	
                $

              	
                4,141,227.99
                  

              	
                February
                  25, 2037

              
	
                I-14-A

              	
                Variable(2)

              	
                $

              	
                3,971,108.23
                  

              	
                February
                  25, 2037

              
	
                I-14-B

              	
                Variable(2)

              	
                $

              	
                3,971,108.23
                  

              	
                February
                  25, 2037

              
	
                I-15-A

              	
                Variable(2)

              	
                $

              	
                3,808,212.62
                  

              	
                February
                  25, 2037

              
	
                I-15-B

              	
                Variable(2)

              	
                $

              	
                3,808,212.62
                  

              	
                February
                  25, 2037

              
	
                I-16-A

              	
                Variable(2)

              	
                $

              	
                3,652,225.84
                  

              	
                February
                  25, 2037

              
	
                I-16-B

              	
                Variable(2)

              	
                $

              	
                3,652,225.84
                  

              	
                February
                  25, 2037

              
	
                I-17-A

              	
                Variable(2)

              	
                $

              	
                3,502,846.77
                  

              	
                February
                  25, 2037

              
	
                I-17-B

              	
                Variable(2)

              	
                $

              	
                3,502,846.77
                  

              	
                February
                  25, 2037

              
	
                I-18-A

              	
                Variable(2)

              	
                $

              	
                3,359,787.53
                  

              	
                February
                  25, 2037

              
	
                I-18-B

              	
                Variable(2)

              	
                $

              	
                3,359,787.53
                  

              	
                February
                  25, 2037

              
	
                I-19-A

              	
                Variable(2)

              	
                $

              	
                3,222,773.18
                  

              	
                February
                  25, 2037

              
	
                I-19-B

              	
                Variable(2)

              	
                $

              	
                3,222,773.18
                  

              	
                February
                  25, 2037

              
	
                I-20-A

              	
                Variable(2)

              	
                $

              	
                3,091,540.94
                  

              	
                February
                  25, 2037

              
	
                I-20-B

              	
                Variable(2)

              	
                $

              	
                3,091,540.94
                  

              	
                February
                  25, 2037

              
	
                I-21-A

              	
                Variable(2)

              	
                $

              	
                2,965,839.72
                  

              	
                February
                  25, 2037

              
	
                I-21-B

              	
                Variable(2)

              	
                $

              	
                2,965,839.72
                  

              	
                February
                  25, 2037

              
	
                I-22-A

              	
                Variable(2)

              	
                $

              	
                2,844,848.62
                  

              	
                February
                  25, 2037

              
	
                I-22-B

              	
                Variable(2)

              	
                $

              	
                2,844,848.62
                  

              	
                February
                  25, 2037

              
	
                I-23-A

              	
                Variable(2)

              	
                $

              	
                2,728,482.78
                  

              	
                February
                  25, 2037

              
	
                I-23-B

              	
                Variable(2)

              	
                $

              	
                2,728,482.78
                  

              	
                February
                  25, 2037

              
	
                I-24-A

              	
                Variable(2)

              	
                $

              	
                2,618,121.85
                  

              	
                February
                  25, 2037

              
	
                I-24-B

              	
                Variable(2)

              	
                $

              	
                2,618,121.85
                  

              	
                February
                  25, 2037

              
	
                I-25-A

              	
                Variable(2)

              	
                $

              	
                2,512,384.46
                  

              	
                February
                  25, 2037

              
	
                I-25-B

              	
                Variable(2)

              	
                $

              	
                2,512,384.46
                  

              	
                February
                  25, 2037

              
	
                I-26-A

              	
                Variable(2)

              	
                $

              	
                2,411,071.03
                  

              	
                February
                  25, 2037

              
	
                I-26-B

              	
                Variable(2)

              	
                $

              	
                2,411,071.03
                  

              	
                February
                  25, 2037

              
	
                I-27-A

              	
                Variable(2)

              	
                $

              	
                2,313,990.83
                  

              	
                February
                  25, 2037

              
	
                I-27-B

              	
                Variable(2)

              	
                $

              	
                2,313,990.83
                  

              	
                February
                  25, 2037

              
	
                I-28-A

              	
                Variable(2)

              	
                $

              	
                2,220,960.68
                  

              	
                February
                  25, 2037

              
	
                I-28-B

              	
                Variable(2)

              	
                $

              	
                2,220,960.68
                  

              	
                February
                  25, 2037

              
	
                I-29-A

              	
                Variable(2)

              	
                $

              	
                2,131,804.45
                  

              	
                February
                  25, 2037

              
	
                I-29-B

              	
                Variable(2)

              	
                $

              	
                2,131,804.45
                  

              	
                February
                  25, 2037

              
	
                I-30-A

              	
                Variable(2)

              	
                $

              	
                2,046,362.21
                  

              	
                February
                  25, 2037

              
	
                I-30-B

              	
                Variable(2)

              	
                $

              	
                2,046,362.21
                  

              	
                February
                  25, 2037

              
	
                I-31-A

              	
                Variable(2)

              	
                $

              	
                1,964,470.72
                  

              	
                February
                  25, 2037

              
	
                I-31-B

              	
                Variable(2)

              	
                $

              	
                1,964,470.72
                  

              	
                February
                  25, 2037

              
	
                I-32-A

              	
                Variable(2)

              	
                $

              	
                1,885,977.74
                  

              	
                February
                  25, 2037

              
	
                I-32-B

              	
                Variable(2)

              	
                $

              	
                1,885,977.74
                  

              	
                February
                  25, 2037

              
	
                I-33-A

              	
                Variable(2)

              	
                $

              	
                1,810,732.48
                  

              	
                February
                  25, 2037

              
	
                I-33-B

              	
                Variable(2)

              	
                $

              	
                1,810,732.48
                  

              	
                February
                  25, 2037

              
	
                I-34-A

              	
                Variable(2)

              	
                $

              	
                1,738,645.99
                  

              	
                February
                  25, 2037

              
	
                I-34-B

              	
                Variable(2)

              	
                $

              	
                1,738,645.99
                  

              	
                February
                  25, 2037

              
	
                I-35-A

              	
                Variable(2)

              	
                $

              	
                1,669,461.65
                  

              	
                February
                  25, 2037

              
	
                I-35-B

              	
                Variable(2)

              	
                $

              	
                1,669,461.65
                  

              	
                February
                  25, 2037

              
	
                I-36-A

              	
                Variable(2)

              	
                $

              	
                1,603,166.38
                  

              	
                February
                  25, 2037

              
	
                I-36-B

              	
                Variable(2)

              	
                $

              	
                1,603,166.38
                  

              	
                February
                  25, 2037

              
	
                I-37-A

              	
                Variable(2)

              	
                $

              	
                1,539,608.23
                  

              	
                February
                  25, 2037

              
	
                I-37-B

              	
                Variable(2)

              	
                $

              	
                1,539,608.23
                  

              	
                February
                  25, 2037

              
	
                I-38-A

              	
                Variable(2)

              	
                $

              	
                1,478,665.49
                  

              	
                February
                  25, 2037

              
	
                I-38-B

              	
                Variable(2)

              	
                $

              	
                1,478,665.49
                  

              	
                February
                  25, 2037

              
	
                I-39-A

              	
                Variable(2)

              	
                $

              	
                1,420,225.93
                  

              	
                February
                  25, 2037

              
	
                I-39-B

              	
                Variable(2)

              	
                $

              	
                1,420,225.93
                  

              	
                February
                  25, 2037

              
	
                I-40-A

              	
                Variable(2)

              	
                $

              	
                1,364,185.24
                  

              	
                February
                  25, 2037

              
	
                I-40-B

              	
                Variable(2)

              	
                $

              	
                1,364,185.24
                  

              	
                February
                  25, 2037

              
	
                I-41-A

              	
                Variable(2)

              	
                $

              	
                1,310,440.64
                  

              	
                February
                  25, 2037

              
	
                I-41-B

              	
                Variable(2)

              	
                $

              	
                1,310,440.64
                  

              	
                February
                  25, 2037

              
	
                I-42-A

              	
                Variable(2)

              	
                $

              	
                1,258,894.84
                  

              	
                February
                  25, 2037

              
	
                I-42-B

              	
                Variable(2)

              	
                $

              	
                1,258,894.84
                  

              	
                February
                  25, 2037

              
	
                I-43-A

              	
                Variable(2)

              	
                $

              	
                1,209,454.78
                  

              	
                February
                  25, 2037

              
	
                I-43-B

              	
                Variable(2)

              	
                $

              	
                1,209,454.78
                  

              	
                February
                  25, 2037

              
	
                I-44-A

              	
                Variable(2)

              	
                $

              	
                1,162,031.48
                  

              	
                February
                  25, 2037

              
	
                I-44-B

              	
                Variable(2)

              	
                $

              	
                1,162,031.48
                  

              	
                February
                  25, 2037

              
	
                I-45-A

              	
                Variable(2)

              	
                $

              	
                1,116,539.44
                  

              	
                February
                  25, 2037

              
	
                I-45-B

              	
                Variable(2)

              	
                $

              	
                1,116,539.44
                  

              	
                February
                  25, 2037

              
	
                I-46-A

              	
                Variable(2)

              	
                $

              	
                1,072,898.01
                  

              	
                February
                  25, 2037

              
	
                I-46-B

              	
                Variable(2)

              	
                $

              	
                1,072,898.01
                  

              	
                February
                  25, 2037

              
	
                I-47-A

              	
                Variable(2)

              	
                $

              	
                1,031,028.87
                  

              	
                February
                  25, 2037

              
	
                I-47-B

              	
                Variable(2)

              	
                $

              	
                1,031,028.87
                  

              	
                February
                  25, 2037

              
	
                I-48-A

              	
                Variable(2)

              	
                $

              	
                7,638,500.03
                  

              	
                February
                  25, 2037

              
	
                I-48-B

              	
                Variable(2)

              	
                $

              	
                7,638,500.03
                  

              	
                February
                  25, 2037

              
	
                I-49-A

              	
                Variable(2)

              	
                $

              	
                639,897.22
                  

              	
                February
                  25, 2037

              
	
                I-49-B

              	
                Variable(2)

              	
                $

              	
                639,897.22
                  

              	
                February
                  25, 2037

              
	
                I-50-A

              	
                Variable(2)

              	
                $

              	
                617,582.20
                  

              	
                February
                  25, 2037

              
	
                I-50-B

              	
                Variable(2)

              	
                $

              	
                617,582.20
                  

              	
                February
                  25, 2037

              
	
                I-51-A

              	
                Variable(2)

              	
                $

              	
                596,071.60
                  

              	
                February
                  25, 2037

              
	
                I-51-B

              	
                Variable(2)

              	
                $

              	
                596,071.60
                  

              	
                February
                  25, 2037

              
	
                I-52-A

              	
                Variable(2)

              	
                $

              	
                575,335.26
                  

              	
                February
                  25, 2037

              
	
                I-52-B

              	
                Variable(2)

              	
                $

              	
                575,335.26
                  

              	
                February
                  25, 2037

              
	
                I-53-A

              	
                Variable(2)

              	
                $

              	
                555,344.21
                  

              	
                February
                  25, 2037

              
	
                I-53-B

              	
                Variable(2)

              	
                $

              	
                555,344.21
                  

              	
                February
                  25, 2037

              
	
                I-54-A

              	
                Variable(2)

              	
                $

              	
                536,070.63
                  

              	
                February
                  25, 2037

              
	
                I-54-B

              	
                Variable(2)

              	
                $

              	
                536,070.63
                  

              	
                February
                  25, 2037

              
	
                I-55-A

              	
                Variable(2)

              	
                $

              	
                517,487.73
                  

              	
                February
                  25, 2037

              
	
                I-55-B

              	
                Variable(2)

              	
                $

              	
                517,487.73
                  

              	
                February
                  25, 2037

              
	
                I-56-A

              	
                Variable(2)

              	
                $

              	
                499,569.83
                  

              	
                February
                  25, 2037

              
	
                I-56-B

              	
                Variable(2)

              	
                $

              	
                499,569.83
                  

              	
                February
                  25, 2037

              
	
                I-57-A

              	
                Variable(2)

              	
                $

              	
                482,310.77
                  

              	
                February
                  25, 2037

              
	
                I-57-B

              	
                Variable(2)

              	
                $

              	
                482,310.77
                  

              	
                February
                  25, 2037

              
	
                I-58-A

              	
                Variable(2)

              	
                $

              	
                465,770.08
                  

              	
                February
                  25, 2037

              
	
                I-58-B

              	
                Variable(2)

              	
                $

              	
                465,770.08
                  

              	
                February
                  25, 2037

              
	
                I-59-A

              	
                Variable(2)

              	
                $

              	
                453,682.09
                  

              	
                February
                  25, 2037

              
	
                I-59-B

              	
                Variable(2)

              	
                $

              	
                453,682.09
                  

              	
                February
                  25, 2037

              
	
                I-60-A

              	
                Variable(2)

              	
                $

              	
                12,883,877.91
                  

              	
                February
                  25, 2037

              
	
                I-60-B

              	
                Variable(2)

              	
                $

              	
                12,883,877.91
                  

              	
                February
                  25, 2037

              
	
                II-1-A

              	
                Variable(2)

              	
                $

              	
                125,698.60
                  

              	
                February
                  25, 2037

              
	
                II-1-B

              	
                Variable(2)

              	
                $

              	
                125,698.60
                  

              	
                February
                  25, 2037

              
	
                II-2-A

              	
                Variable(2)

              	
                $

              	
                158,253.57
                  

              	
                February
                  25, 2037

              
	
                II-2-B

              	
                Variable(2)

              	
                $

              	
                158,253.57
                  

              	
                February
                  25, 2037

              
	
                II-3-A

              	
                Variable(2)

              	
                $

              	
                190,683.25
                  

              	
                February
                  25, 2037

              
	
                II-3-B

              	
                Variable(2)

              	
                $

              	
                190,683.25
                  

              	
                February
                  25, 2037

              
	
                II-4-A

              	
                Variable(2)

              	
                $

              	
                222,726.97
                  

              	
                February
                  25, 2037

              
	
                II-4-B

              	
                Variable(2)

              	
                $

              	
                222,726.97
                  

              	
                February
                  25, 2037

              
	
                II-5-A

              	
                Variable(2)

              	
                $

              	
                254,114.51
                  

              	
                February
                  25, 2037

              
	
                II-5-B

              	
                Variable(2)

              	
                $

              	
                254,114.51
                  

              	
                February
                  25, 2037

              
	
                II-6-A

              	
                Variable(2)

              	
                $

              	
                284,566.84
                  

              	
                February
                  25, 2037

              
	
                II-6-B

              	
                Variable(2)

              	
                $

              	
                284,566.84
                  

              	
                February
                  25, 2037

              
	
                II-7-A

              	
                Variable(2)

              	
                $

              	
                313,805.80
                  

              	
                February
                  25, 2037

              
	
                II-7-B

              	
                Variable(2)

              	
                $

              	
                313,805.80
                  

              	
                February
                  25, 2037

              
	
                II-8-A

              	
                Variable(2)

              	
                $

              	
                341,551.07
                  

              	
                February
                  25, 2037

              
	
                II-8-B

              	
                Variable(2)

              	
                $

              	
                341,551.07
                  

              	
                February
                  25, 2037

              
	
                II-9-A

              	
                Variable(2)

              	
                $

              	
                366,823.89
                  

              	
                February
                  25, 2037

              
	
                II-9-B

              	
                Variable(2)

              	
                $

              	
                366,823.89
                  

              	
                February
                  25, 2037

              
	
                II-10-A

              	
                Variable(2)

              	
                $

              	
                384,479.47
                  

              	
                February
                  25, 2037

              
	
                II-10-B

              	
                Variable(2)

              	
                $

              	
                384,479.47
                  

              	
                February
                  25, 2037

              
	
                II-11-A

              	
                Variable(2)

              	
                $

              	
                368,701.88
                  

              	
                February
                  25, 2037

              
	
                II-11-B

              	
                Variable(2)

              	
                $

              	
                368,701.88
                  

              	
                February
                  25, 2037

              
	
                II-12-A

              	
                Variable(2)

              	
                $

              	
                353,512.26
                  

              	
                February
                  25, 2037

              
	
                II-12-B

              	
                Variable(2)

              	
                $

              	
                353,512.26
                  

              	
                February
                  25, 2037

              
	
                II-13-A

              	
                Variable(2)

              	
                $

              	
                338,969.24
                  

              	
                February
                  25, 2037

              
	
                II-13-B

              	
                Variable(2)

              	
                $

              	
                338,969.24
                  

              	
                February
                  25, 2037

              
	
                II-14-A

              	
                Variable(2)

              	
                $

              	
                325,044.53
                  

              	
                February
                  25, 2037

              
	
                II-14-B

              	
                Variable(2)

              	
                $

              	
                325,044.53
                  

              	
                February
                  25, 2037

              
	
                II-15-A

              	
                Variable(2)

              	
                $

              	
                311,711.15
                  

              	
                February
                  25, 2037

              
	
                II-15-B

              	
                Variable(2)

              	
                $

              	
                311,711.15
                  

              	
                February
                  25, 2037

              
	
                II-16-A

              	
                Variable(2)

              	
                $

              	
                298,943.26
                  

              	
                February
                  25, 2037

              
	
                II-16-B

              	
                Variable(2)

              	
                $

              	
                298,943.26
                  

              	
                February
                  25, 2037

              
	
                II-17-A

              	
                Variable(2)

              	
                $

              	
                286,716.23
                  

              	
                February
                  25, 2037

              
	
                II-17-B

              	
                Variable(2)

              	
                $

              	
                286,716.23
                  

              	
                February
                  25, 2037

              
	
                II-18-A

              	
                Variable(2)

              	
                $

              	
                275,006.50
                  

              	
                February
                  25, 2037

              
	
                II-18-B

              	
                Variable(2)

              	
                $

              	
                275,006.50
                  

              	
                February
                  25, 2037

              
	
                II-19-A

              	
                Variable(2)

              	
                $

              	
                263,791.55
                  

              	
                February
                  25, 2037

              
	
                II-19-B

              	
                Variable(2)

              	
                $

              	
                263,791.55
                  

              	
                February
                  25, 2037

              
	
                II-20-A

              	
                Variable(2)

              	
                $

              	
                253,049.89
                  

              	
                February
                  25, 2037

              
	
                II-20-B

              	
                Variable(2)

              	
                $

              	
                253,049.89
                  

              	
                February
                  25, 2037

              
	
                II-21-A

              	
                Variable(2)

              	
                $

              	
                242,760.95
                  

              	
                February
                  25, 2037

              
	
                II-21-B

              	
                Variable(2)

              	
                $

              	
                242,760.95
                  

              	
                February
                  25, 2037

              
	
                II-22-A

              	
                Variable(2)

              	
                $

              	
                232,857.54
                  

              	
                February
                  25, 2037

              
	
                II-22-B

              	
                Variable(2)

              	
                $

              	
                232,857.54
                  

              	
                February
                  25, 2037

              
	
                II-23-A

              	
                Variable(2)

              	
                $

              	
                223,332.72
                  

              	
                February
                  25, 2037

              
	
                II-23-B

              	
                Variable(2)

              	
                $

              	
                223,332.72
                  

              	
                February
                  25, 2037

              
	
                II-24-A

              	
                Variable(2)

              	
                $

              	
                214,299.42
                  

              	
                February
                  25, 2037

              
	
                II-24-B

              	
                Variable(2)

              	
                $

              	
                214,299.42
                  

              	
                February
                  25, 2037

              
	
                II-25-A

              	
                Variable(2)

              	
                $

              	
                205,644.57
                  

              	
                February
                  25, 2037

              
	
                II-25-B

              	
                Variable(2)

              	
                $

              	
                205,644.57
                  

              	
                February
                  25, 2037

              
	
                II-26-A

              	
                Variable(2)

              	
                $

              	
                197,351.83
                  

              	
                February
                  25, 2037

              
	
                II-26-B

              	
                Variable(2)

              	
                $

              	
                197,351.83
                  

              	
                February
                  25, 2037

              
	
                II-27-A

              	
                Variable(2)

              	
                $

              	
                189,405.58
                  

              	
                February
                  25, 2037

              
	
                II-27-B

              	
                Variable(2)

              	
                $

              	
                189,405.58
                  

              	
                February
                  25, 2037

              
	
                II-28-A

              	
                Variable(2)

              	
                $

              	
                181,790.85
                  

              	
                February
                  25, 2037

              
	
                II-28-B

              	
                Variable(2)

              	
                $

              	
                181,790.85
                  

              	
                February
                  25, 2037

              
	
                II-29-A

              	
                Variable(2)

              	
                $

              	
                174,493.20
                  

              	
                February
                  25, 2037

              
	
                II-29-B

              	
                Variable(2)

              	
                $

              	
                174,493.20
                  

              	
                February
                  25, 2037

              
	
                II-30-A

              	
                Variable(2)

              	
                $

              	
                167,499.55
                  

              	
                February
                  25, 2037

              
	
                II-30-B

              	
                Variable(2)

              	
                $

              	
                167,499.55
                  

              	
                February
                  25, 2037

              
	
                II-31-A

              	
                Variable(2)

              	
                $

              	
                160,796.54
                  

              	
                February
                  25, 2037

              
	
                II-31-B

              	
                Variable(2)

              	
                $

              	
                160,796.54
                  

              	
                February
                  25, 2037

              
	
                II-32-A

              	
                Variable(2)

              	
                $

              	
                154,371.71
                  

              	
                February
                  25, 2037

              
	
                II-32-B

              	
                Variable(2)

              	
                $

              	
                154,371.71
                  

              	
                February
                  25, 2037

              
	
                II-33-A

              	
                Variable(2)

              	
                $

              	
                148,212.71
                  

              	
                February
                  25, 2037

              
	
                II-33-B

              	
                Variable(2)

              	
                $

              	
                148,212.71
                  

              	
                February
                  25, 2037

              
	
                II-34-A

              	
                Variable(2)

              	
                $

              	
                142,312.26
                  

              	
                February
                  25, 2037

              
	
                II-34-B

              	
                Variable(2)

              	
                $

              	
                142,312.26
                  

              	
                February
                  25, 2037

              
	
                II-35-A

              	
                Variable(2)

              	
                $

              	
                136,649.36
                  

              	
                February
                  25, 2037

              
	
                II-35-B

              	
                Variable(2)

              	
                $

              	
                136,649.36
                  

              	
                February
                  25, 2037

              
	
                II-36-A

              	
                Variable(2)

              	
                $

              	
                131,222.93
                  

              	
                February
                  25, 2037

              
	
                II-36-B

              	
                Variable(2)

              	
                $

              	
                131,222.93
                  

              	
                February
                  25, 2037

              
	
                II-37-A

              	
                Variable(2)

              	
                $

              	
                126,020.55
                  

              	
                February
                  25, 2037

              
	
                II-37-B

              	
                Variable(2)

              	
                $

              	
                126,020.55
                  

              	
                February
                  25, 2037

              
	
                II-38-A

              	
                Variable(2)

              	
                $

              	
                121,032.24
                  

              	
                February
                  25, 2037

              
	
                II-38-B

              	
                Variable(2)

              	
                $

              	
                121,032.24
                  

              	
                February
                  25, 2037

              
	
                II-39-A

              	
                Variable(2)

              	
                $

              	
                116,248.83
                  

              	
                February
                  25, 2037

              
	
                II-39-B

              	
                Variable(2)

              	
                $

              	
                116,248.83
                  

              	
                February
                  25, 2037

              
	
                II-40-A

              	
                Variable(2)

              	
                $

              	
                111,661.77
                  

              	
                February
                  25, 2037

              
	
                II-40-B

              	
                Variable(2)

              	
                $

              	
                111,661.77
                  

              	
                February
                  25, 2037

              
	
                II-41-A

              	
                Variable(2)

              	
                $

              	
                107,262.64
                  

              	
                February
                  25, 2037

              
	
                II-41-B

              	
                Variable(2)

              	
                $

              	
                107,262.64
                  

              	
                February
                  25, 2037

              
	
                II-42-A

              	
                Variable(2)

              	
                $

              	
                103,043.50
                  

              	
                February
                  25, 2037

              
	
                II-42-B

              	
                Variable(2)

              	
                $

              	
                103,043.50
                  

              	
                February
                  25, 2037

              
	
                II-43-A

              	
                Variable(2)

              	
                $

              	
                98,996.71
                  

              	
                February
                  25, 2037

              
	
                II-43-B

              	
                Variable(2)

              	
                $

              	
                98,996.71
                  

              	
                February
                  25, 2037

              
	
                II-44-A

              	
                Variable(2)

              	
                $

              	
                95,115.01
                  

              	
                February
                  25, 2037

              
	
                II-44-B

              	
                Variable(2)

              	
                $

              	
                95,115.01
                  

              	
                February
                  25, 2037

              
	
                II-45-A

              	
                Variable(2)

              	
                $

              	
                91,391.37
                  

              	
                February
                  25, 2037

              
	
                II-45-B

              	
                Variable(2)

              	
                $

              	
                91,391.37
                  

              	
                February
                  25, 2037

              
	
                II-46-A

              	
                Variable(2)

              	
                $

              	
                87,819.22
                  

              	
                February
                  25, 2037

              
	
                II-46-B

              	
                Variable(2)

              	
                $

              	
                87,819.22
                  

              	
                February
                  25, 2037

              
	
                II-47-A

              	
                Variable(2)

              	
                $

              	
                84,392.13
                  

              	
                February
                  25, 2037

              
	
                II-47-B

              	
                Variable(2)

              	
                $

              	
                84,392.13
                  

              	
                February
                  25, 2037

              
	
                II-48-A

              	
                Variable(2)

              	
                $

              	
                625,229.16
                  

              	
                February
                  25, 2037

              
	
                II-48-B

              	
                Variable(2)

              	
                $

              	
                625,229.16
                  

              	
                February
                  25, 2037

              
	
                II-49-A

              	
                Variable(2)

              	
                $

              	
                52,377.09
                  

              	
                February
                  25, 2037

              
	
                II-49-B

              	
                Variable(2)

              	
                $

              	
                52,377.09
                  

              	
                February
                  25, 2037

              
	
                II-50-A

              	
                Variable(2)

              	
                $

              	
                50,550.55
                  

              	
                February
                  25, 2037

              
	
                II-50-B

              	
                Variable(2)

              	
                $

              	
                50,550.55
                  

              	
                February
                  25, 2037

              
	
                II-51-A

              	
                Variable(2)

              	
                $

              	
                48,789.86
                  

              	
                February
                  25, 2037

              
	
                II-51-B

              	
                Variable(2)

              	
                $

              	
                48,789.86
                  

              	
                February
                  25, 2037

              
	
                II-52-A

              	
                Variable(2)

              	
                $

              	
                47,092.54
                  

              	
                February
                  25, 2037

              
	
                II-52-B

              	
                Variable(2)

              	
                $

              	
                47,092.54
                  

              	
                February
                  25, 2037

              
	
                II-53-A

              	
                Variable(2)

              	
                $

              	
                45,456.23
                  

              	
                February
                  25, 2037

              
	
                II-53-B

              	
                Variable(2)

              	
                $

              	
                45,456.23
                  

              	
                February
                  25, 2037

              
	
                II-54-A

              	
                Variable(2)

              	
                $

              	
                43,878.64
                  

              	
                February
                  25, 2037

              
	
                II-54-B

              	
                Variable(2)

              	
                $

              	
                43,878.64
                  

              	
                February
                  25, 2037

              
	
                II-55-A

              	
                Variable(2)

              	
                $

              	
                42,357.59
                  

              	
                February
                  25, 2037

              
	
                II-55-B

              	
                Variable(2)

              	
                $

              	
                42,357.59
                  

              	
                February
                  25, 2037

              
	
                II-56-A

              	
                Variable(2)

              	
                $

              	
                40,890.96
                  

              	
                February
                  25, 2037

              
	
                II-56-B

              	
                Variable(2)

              	
                $

              	
                40,890.96
                  

              	
                February
                  25, 2037

              
	
                II-57-A

              	
                Variable(2)

              	
                $

              	
                39,478.27
                  

              	
                February
                  25, 2037

              
	
                II-57-B

              	
                Variable(2)

              	
                $

              	
                39,478.27
                  

              	
                February
                  25, 2037

              
	
                II-58-A

              	
                Variable(2)

              	
                $

              	
                38,124.37
                  

              	
                February
                  25, 2037

              
	
                II-58-B

              	
                Variable(2)

              	
                $

              	
                38,124.37
                  

              	
                February
                  25, 2037

              
	
                II-59-A

              	
                Variable(2)

              	
                $

              	
                37,134.94
                  

              	
                February
                  25, 2037

              
	
                II-59-B

              	
                Variable(2)

              	
                $

              	
                37,134.94
                  

              	
                February
                  25, 2037

              
	
                II-60-A

              	
                Variable(2)

              	
                $

              	
                1,054,575.66
                  

              	
                February
                  25, 2037

              
	
                II-60-B

              	
                Variable(2)

              	
                $

              	
                1,054,575.66
                  

              	
                February
                  25, 2037

              
	
                P

              	
                0.00%

              	
                $

              	
                100.00
                  

              	
                February
                  25, 2037

              

      

    

    

    ___________________________

    
      	
              (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 Trustee will elect 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 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)

              
	
                AA

              	
                Variable(2)

              	
                $

              	
                189,138,958.64
                  

              	
                February
                  25, 2037

              
	
                I-A-1

              	
                Variable(2)

              	
                $

              	
                559,585.00
                  

              	
                February
                  25, 2037

              
	
                I-A-2

              	
                Variable(2)

              	
                $

              	
                224,150.00
                  

              	
                February
                  25, 2037

              
	
                I-A-3

              	
                Variable(2)

              	
                $

              	
                169,595.00
                  

              	
                February
                  25, 2037

              
	
                I-A-4

              	
                Variable(2)

              	
                $

              	
                136,160.00
                  

              	
                February
                  25, 2037

              
	
                II-A

              	
                Variable(2)

              	
                $

              	
                353,175.00
                  

              	
                February
                  25, 2037

              
	
                M-1

              	
                Variable(2)

              	
                $

              	
                74,305.00
                  

              	
                February
                  25, 2037

              
	
                M-2

              	
                Variable(2)

              	
                $

              	
                71,410.00
                  

              	
                February
                  25, 2037

              
	
                M-3

              	
                Variable(2)

              	
                $

              	
                43,425.00
                  

              	
                February
                  25, 2037

              
	
                M-4

              	
                Variable(2)

              	
                $

              	
                36,665.00
                  

              	
                February
                  25, 2037

              
	
                M-5

              	
                Variable(2)

              	
                $

              	
                34,740.00
                  

              	
                February
                  25, 2037

              
	
                M-6

              	
                Variable(2)

              	
                $

              	
                33,775.00
                  

              	
                February
                  25, 2037

              
	
                M-7

              	
                Variable(2)

              	
                $

              	
                32,810.00
                  

              	
                February
                  25, 2037

              
	
                M-8

              	
                Variable(2)

              	
                $

              	
                29,915.00
                  

              	
                February
                  25, 2037

              
	
                M-9

              	
                Variable(2)

              	
                $

              	
                24,125.00
                  

              	
                February
                  25, 2037

              
	
                M-10

              	
                Variable(2)

              	
                $

              	
                21,230.00
                  

              	
                February
                  25, 2037

              
	
                ZZ

              	
                Variable(2)

              	
                $

              	
                2,014,913.75
                  

              	
                February
                  25, 2037

              
	
                IO

              	
                (2)

              	 	
                (3)

              	
                February
                  25, 2037

              
	
                P

              	
                0.00%

              	
                $

              	
                100.00
                  

              	
                February
                  25, 2037

              
	
                1-Sub

              	
                Variable(2)

              	
                $

              	
                7,360.43
                  

              	
                February
                  25, 2037

              
	
                1-Grp

              	
                Variable(2)

              	
                $

              	
                29,150.23
                  

              	
                February
                  25, 2037

              
	
                2-Sub

              	
                Variable(2)

              	
                $

              	
                2,386.06
                  

              	
                February
                  25, 2037

              
	
                2-Grp
                  Swap

              	
                Variable(2)

              	
                $

              	
                2,386.01
                  

              	
                February
                  25, 2037

              
	
                2-Grp
                  Non-Swap

              	
                Variable(2)

              	
                $

              	
                7,063.55
                  

              	
                February
                  25, 2037

              
	
                XX

              	
                Variable(2)

              	
                $

              	
                192,950,591.11
                  

              	
                February
                  25, 2037

              

      

    

    ___________________________

    
      	
              (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 II Regular
                Interest.

            

    

    
      	
              (2)

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

            

    

    
      	
              (3)

            	
              REMIC
                II Regular Interest IO will not have an Uncertificated Principal
                Balance
                but will accrue interest on its uncertificated notional amount calculated
                in accordance with the definition of “Uncertificated Notional Amount”
                herein.

            

    

     

    REMIC
      III

     

    As
      provided herein, the Trustee will elect to treat the segregated pool of assets
      consisting of 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 R-3 Certificates will represent the sole class of Residual Interests
      in REMIC III 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 Interest, Class P Interest and Class IO
      Interest) 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 III created hereunder.

     

    Each
      Certificate, other than the Class P, Class CE and Class R Certificates,
      represents ownership of a Regular Interest in REMIC III and also represents
      (i)
      the right to receive certain amounts specified herein in respect of Basis Risk
      Shortfall Carry Forward Amounts (as defined herein), and (ii) in the case of
      the
      Class I-A Certificates and Class M Certificates, the obligation to pay 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)

            	 $	
               111,917,000.00

            	
              February
                25, 2037

            
	
              I-A-2(2)

            	
              Variable(3)

            	 $	
               44,830,000.00

            	
              February
                25, 2037

            
	
              I-A-3(2)

            	
              Variable(3)

            	 $	
               33,919,000.00

            	
              February
                25, 2037

            
	
              I-A-4(2)

            	
              Variable(3)

            	 $	
               27,232,000.00

            	
              February
                25, 2037

            
	
              II-A(2)

            	
              Variable(3)

            	 $	
               70,635,000.00

            	
              February
                25, 2037

            
	
              M-1(2)

            	
              Variable(3)

            	 $	
               14,861,000.00

            	
              February
                25, 2037

            
	
              M-2(2)

            	
              Variable(3)

            	 $	
               14,282,000.00

            	
              February
                25, 2037

            
	
              M-3(2)

            	
              Variable(3)

            	 $	
               8,685,000.00

            	
              February
                25, 2037

            
	
              M-4(2)

            	
              Variable(3)

            	 $	
               7,333,000.00

            	
              February
                25, 2037

            
	
              M-5(2)

            	
              Variable(3)

            	 $	
               6,948,000.00

            	
              February
                25, 2037

            
	
              M-6(2)

            	
              Variable(3)

            	 $	
               6,755,000.00

            	
              February
                25, 2037

            
	
              M-7(2)

            	
              Variable(3)

            	 $	
               6,562,000.00

            	
              February
                25, 2037

            
	
              M-8(2)

            	
              Variable(3)

            	 $	
               5,983,000.00

            	
              February
                25, 2037

            
	
              M-9(2)

            	
              Variable(3)

            	 $	
              4,825,000.00

            	
              February
                25, 2037

            
	
              M-10(2)

            	
              Variable(3)

            	 $	
               4,246,000.00

            	
              February
                25, 2037

            
	
              Class
                CE Interest

            	
              Variable(3)(4)

            	 $	
               16,984,874.77

            	
              February
                25, 2037

            
	
              Class
                P Interest

            	
              0.00%(5)

            	 $	
               100.00

            	
              February
                25, 2037

            
	
              Class
                IO Interest

            	
              (6)

            	 	
              (7)

            	
              February
                25, 2037

            

    

    ___________________

    
      	
              (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 III Regular
                Interest.

            

    

    
      	
              (2)

            	
              This
                Class of Certificates represents ownership of a Regular Interest
                in REMIC
                III. 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 III on such Distribution Date shall be
                treated
                for federal income tax purposes as having been paid from the Reserve
                Fund
                or the Supplemental Interest Trust, as applicable, and (except with
                respect to the Regular Interest the ownership of which is represented
                by
                the Class II-A Certificates) any amount distributable on the related
                Regular Interest in REMIC III 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
                Supplemental Interest Trust, all pursuant to and as further provided
                in
                Section 3.21 hereof.

            

    

    
      	
              (3)

            	
              Calculated
                in accordance with the definition of “Pass-Through Rate” herein. Each
                Regular Interest in REMIC III 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 Net Rate Cap related to the
                Class
                I-A Certificates or Class M Certificates. The Net Rate Cap for each
                such
                Regular Interest in REMIC III and Certificate is specified in the
                definition of “Net Rate Cap.”

            

    

    
      	
              (4)

            	
              The
                Class CE Interest will accrue interest at its variable Pass-Through
                Rate
                on its Uncertificated Notional Amount outstanding from time to time,
                which
                shall equal the aggregate Uncertificated Principal Balance of the
                REMIC II
                Regular Interests (other than REMIC II Regular Interest P). The Class
                CE
                Interest will not accrue interest on its Uncertificated Principal
                Balance.

            

    

    
      	
              (5)

            	
              The
                Class P Interest is not entitled to distributions in respect of
                interest.

            

    

    
      	
              (6)

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

            

    

    
      	
              (7)

            	
              For
                federal income tax purposes, the Class IO Interest will not have
                an
                Uncertificated Principal Balance, but will have a notional amount
                equal to
                the Uncertificated Notional Amount of REMIC II Regular Interest
                IO.

            

    

     

    REMIC
      IV

     

    As
      provided herein, the Trustee shall elect to treat the segregated pool of assets
      consisting of the Class CE Interest as a REMIC for federal income tax purposes,
      and such segregated pool of assets will be designated as “REMIC IV”. The Class
      R-4 Interest represents the sole class of Residual Interests in REMIC IV 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
      IV created hereunder. The Class CE Certificates represent ownership of a Regular
      Interest in REMIC IV and also represents (i) the obligation to pay certain
      amounts specified herein in respect of Basis Risk Shortfall Carry Forward
      Amounts and (ii) the right to receive Class IO Distribution
      Amounts.

     

    
      	
              Class
                Designation

            	
              Pass-Through
                Rate

            	 	
              Initial
                Certificate Principal Balance

            	
              Latest
                Possible

              Maturity
                Date(1)

            
	
              CE

            	
              (2)

            	 $	
              16,984,874.77

            	
              February
                25, 2037

            

    

    _______________

    
      	
              (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 the Class CE
                Certificates.

            

    

    
      	
              (2)

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

            

    

     

    REMIC
      V

     

    As
      provided herein, the Trustee shall elect to treat the segregated pool of assets
      consisting of the Class P Interest as a REMIC for federal income tax purposes,
      and such segregated pool of assets will be designated as “REMIC V”. The Class
      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:

     

    
      	
              Class
                Designation

            	
              Pass-Through
                Rate

            	 	
              Initial

              Certificate
                Principal Balance

            	
              Latest
                Possible

              Maturity
                Date(1)

            
	
              P

            	
              0.00%(2)

            	 $	
              100.00

            	
              February
                25, 2037

            

    

    _______________

    
      	
              (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 the Class P
                Certificates.

            

    

    
      	
              (2)

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

            

    

     

    REMIC
      VI

     

    As
      provided herein, the Trustee shall elect 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 VI”. The Class
      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 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
      VI
      created hereunder:

     

    
      	
              Designation

            	
              Pass-Through
                Rate

            	
              Initial
                Uncertificated Principal Balance

            	
              Latest
                Possible

              Maturity
                Date(1)

            
	
              IO(2)

            	
              (3)

            	
              (4)

            	
              February
                25, 2037

            

    

    _______________

    
      	
              (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 REMIC VI Regular Interest
                IO.

            

    

    
      	
              (2)

            	
              REMIC
                VI Regular Interest IO will be held as an asset of the Supplemental
                Interest Trust.

            

    

    
      	
              (3)

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

            

    

    
      	
              (4)

            	
              REMIC
                VI 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 IO Interest.

            

    

     

    The
      Trust
      Fund shall be named, and may be referred to as, the “Bear Stearns Asset Backed
      Securities I Trust 2007-FS1.” The Certificates issued hereunder may be referred
      to as “Asset-Backed Certificates, Series 2007-FS1” (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(a)(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 Fund, the Swap Account, the Class P
      Certificate Account, the Protected Account and the Swap Collateral
      Account.

     

    Accrual
      Period:
      With
      respect to the Certificates (other than the Class II-A, 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 II-A Certificates, Class CE
      Certificates and the Class CE Interest and any Distribution Date, the calendar
      month immediately preceding such Distribution Date. All calculations of interest
      on the Certificates (other than the Class II-A, 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
      II-A Certificates, Class CE Interest 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)(iv).

     

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

     

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

     

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

     

    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 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, (ii) Principal Prepayments
      received in respect of such Mortgage Loans after the last day of the related
      Prepayment Period and (iii) Liquidation Proceeds, Subsequent Recoveries and
      Insurance Proceeds received in respect of such Mortgage Loans after the last
      day
      of the prior calendar month.

     

    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
      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)(iii).

     

    Basis
      Risk Shortfall Carry Forward Amount:
      With
      respect to any Distribution Date and any Class of Class I-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
      for the current Distribution Date.

     

    With
      respect to any Distribution Date and the Class II-A 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 applicable fixed 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
      Pass-Through Rate for 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 cities 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 II Regular Interest I-A-1, 0.060% 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 II Regular Interest I-A-2, 0.130% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 0.260% 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 II Regular Interest I-A-3, 0.170% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 0.340% per annum in the case of each
      Distribution Date thereafter.

     

    With
      respect to the Class I-A-4 Certificates and, for purposes of the definition
      of
“One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest I-A-4, 0.240% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 0.480% per annum in the case of each
      Distribution Date thereafter.

     

    With
      respect to the Class M-1 Certificates and, for purposes of the definition of
      “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-1, 0.290% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 0.435% per annum in the case of each
      Distribution Date thereafter.

     

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

     

    With
      respect to the Class M-3 Certificates and, for purposes of the definition of
      “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-3, 0.350% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 0.525% per annum in the case of each
      Distribution Date thereafter.

     

    With
      respect to the Class M-4 Certificates and, for purposes of the definition of
      “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-4, 0.550% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 0.825% per annum in the case of each
      Distribution Date thereafter.

     

    With
      respect to the Class M-5 Certificates and, for purposes of the definition of
      “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-5, 0.600% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 0.900% per annum in the case of each
      Distribution Date thereafter.

     

    With
      respect to the Class M-6 Certificates and, for purposes of the definition of
      “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-6, 0.700% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 1.050% per annum in the case of each
      Distribution Date thereafter.

     

    With
      respect to the Class M-7 Certificates and, for purposes of the definition of
      “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-7, 2.000% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 3.000% per annum in the case of each
      Distribution Date thereafter.

     

    With
      respect to the Class M-8 Certificates and, for purposes of the definition of
      “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-8, 2.000% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 3.000% per annum in the case of each
      Distribution Date thereafter.

     

    With
      respect to the Class M-9 Certificates and, for purposes of the definition of
      “One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-9, 2.000% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 3.000% per annum in the case of each
      Distribution Date thereafter.

     

    With
      respect to the Class M-10 Certificates and, for purposes of the definition
      of
“One-Month LIBOR Pass-Through Rate”, REMIC II Regular Interest M-10, 2.000% per
      annum in the case of each Distribution Date through and including the first
      possible Optional Termination Date and 3.000% per annum in the case of each
      Distribution Date thereafter.

     

    Certificate
      Notional Amount:
      With
      respect to the Class CE Certificates and any Distribution Date, an amount equal
      to the Stated Principal Balance of the Mortgage Loans as of the beginning of
      the
      related Due Period. The
      initial Certificate Notional Amount of the Class CE Certificates shall be
      $385,997,874.77. For federal income tax purposes, the Certificate Notional
      Amount for any Distribution Date shall be an amount equal to the Uncertificated
      Notional Amount for the Class 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 A Certificate and
      Class
      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 CE Certificates
      and
      as of any Distribution Date, an amount equal to the Uncertificated Principal
      Balance of the Class 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)(iii).

     

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

     

    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, Class I-A-3, Class I-A-4 and Class II-A
      Certificates.

     

    Class
      A Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the Principal
      Distribution Amount for such Distribution Date and (y) the excess, if any,
      of
      (i) the aggregate Certificate Principal Balance of the Class A Certificates
      immediately prior to such Distribution Date, over (ii) the lesser of (a) the
      product of (1) 49.50% and (2) 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 during the prior calendar month), and (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 during the prior calendar month)
      minus $1,929,989.

     

    Class
      I-A Certificates:
      Any of
      the Class I-A-1, Class I-A-2, Class I-A-3 and Class I-A-4
      Certificates.

     

    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 III, (ii) the right to
      receive Basis Risk Shortfall Carry Forward Amounts and (iii) the obligation
      to
      pay 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 III, (ii) the right to
      receive Basis Risk Shortfall Carry Forward Amounts and (iii) the obligation
      to
      pay 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 III, (ii) the right to
      receive Basis Risk Shortfall Carry Forward Amounts and (iii) the obligation
      to
      pay Class IO Distribution Amounts.

     

    Class
      I-A-4 Certificate:
      Any
      Certificate designated as a “Class I-A-4 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-4 Certificates as set
      forth
      herein and evidencing (i) a Regular Interest in REMIC III, (ii) the right to
      receive Basis Risk Shortfall Carry Forward Amounts and (iii) the obligation
      to
      pay Class IO Distribution Amounts.

     

    Class
      I-A Principal Distribution Amount:
      For any
      Distribution Date, with respect to the Class I-A Certificates and any
      Distribution Date, is the product of the Class A Principal Distribution Amount
      and a fraction, the numerator of which is the Principal Funds for Loan Group
      I
      for such Distribution Date and the denominator of which is the Principal Funds
      for both Loan Groups for such Distribution Date.

     

    Class
      II-A Certificate:
      Any
      Certificate designated as a “Class II-A 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-A Certificates as set forth herein
      and
      evidencing (i) a Regular Interest in REMIC III and (ii) the right to receive
      Basis Risk Shortfall Carry Forward Amounts.

     

    Class
      II-A Principal Distribution Amount:
      For any
      Distribution Date, with respect to the Class II-A Certificates and any
      Distribution Date, is the product of the Class A Principal Distribution Amount
      and a fraction, the numerator of which is the Principal Funds for Loan Group
      II
      for such Distribution Date and the denominator of which is the Principal Funds
      for both Loan Groups for such Distribution Date.

     

    Class
      CE Certificate:
      Any
      Certificate designated as a “Class 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 CE Certificates herein and evidencing
      (i) a
      Regular Interest in REMIC IV, (ii) the obligation to pay Basis Risk Shortfall
      Carry Forward Amounts and (iii) the right to receive Class IO Distribution
      Amounts.

     

    Class
      CE Distribution Amount:
      With
      respect to any Distribution Date, the sum of (i) the Current Interest for the
      Class CE Interest for such Distribution Date, (ii) any Overcollateralization
      Release Amount for such Distribution Date and (iii) without duplication, any
      Subsequent Recoveries not distributed to the Class A Certificates and Class
      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 A Certificates and Class M Certificates have been reduced to zero,
      the
      Class CE Distribution Amount shall include the Overcollateralization
      Amount.

     

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

     

    Class
      IO Distribution Amount:
      As
      defined in Section 3.21 hereof. For purposes of clarity, the 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
      VI
      Regular Interest IO on such Distribution Date, all as further provided in
      Section 3.21 hereof.

     

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

     

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

     

    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 (i) a Regular Interest in REMIC III, (ii) the right to receive Basis
      Risk Shortfall Carry Forward Amounts and (iii) the obligation to pay Class
      IO
      Distribution Amounts.

     

    Class
      M-1 Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the remaining Principal
      Distribution Amount for such Distribution Date after distribution of the Class
      A
      Principal Distribution Amount and (y) the excess, if any, of (a) the sum of
      (1)
      the aggregate Certificate Principal Balance of the Class A Certificates (after
      taking into account the distribution of the Class A Principal Distribution
      Amount on such Distribution Date) and (2) the Certificate Principal Balance
      of
      the Class M-1 Certificates immediately prior to such Distribution Date, over
      (b)
      the lesser of (1) the product of (x) 57.20% and (y) 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 during the prior calendar month),
      and (2) 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 during the prior
      calendar month) minus $1,929,989.

     

    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 (i) a Regular Interest in REMIC III, (ii) the right to receive Basis
      Risk Shortfall Carry Forward Amounts and (iii) the obligation to pay Class
      IO
      Distribution Amounts.

     

    Class
      M-2 Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the remaining Principal
      Distribution Amount for such Distribution Date after distribution of the Class
      A
      Principal Distribution Amount and the Class 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 A Certificates (after taking into account the
      distribution of the Class A Principal Distribution Amount on such Distribution
      Date), (2) the Certificate Principal Balance of the Class M-1 Certificates
      (after taking into account the distribution of the Class M-1 Principal
      Distribution Amount on such Distribution Date) and (3) the Certificate Principal
      Balance of the Class M-2 Certificates immediately prior to such Distribution
      Date, over (b) the lesser of (1) the product of (x) 64.60% and (y) 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 during the prior calendar month),
      and (2) 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 during the prior
      calendar month) minus $1,929,989.

     

    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 (i) a Regular Interest in REMIC III, (ii) the right to receive Basis
      Risk Shortfall Carry Forward Amounts and (iii) the obligation to pay Class
      IO
      Distribution Amounts.

     

    Class
      M-3 Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the remaining Principal
      Distribution Amount for such Distribution Date after distribution of the Class
      A
      Principal Distribution Amount, the Class M-1 Principal Distribution Amount
      and
      the Class 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 A
      Certificates (after taking into account the distribution of the Class A
      Principal Distribution Amount on such Distribution Date), (2) the Certificate
      Principal Balance of the Class M-1 Certificates (after taking into account
      the
      distribution of the Class M-1 Principal Distribution Amount on such Distribution
      Date), (3) the Certificate Principal Balance of the Class M-2 Certificates
      (after taking into account the distribution of the Class M-2 Principal
      Distribution Amount on such Distribution Date) and (4) the Certificate Principal
      Balance of the Class M-3 Certificates immediately prior to such Distribution
      Date, over (b) the lesser of (1) the product of (x) 69.10% and (y) 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 during the prior calendar month),
      and (2) 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 during the prior
      calendar month) minus $1,929,989.

     

    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 (i) a Regular Interest in REMIC III, (ii) the right to receive Basis
      Risk Shortfall Carry Forward Amounts and (iii) the obligation to pay Class
      IO
      Distribution Amounts.

     

    Class
      M-4 Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the remaining Principal
      Distribution Amount for such Distribution Date after distribution of the Class
      A
      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 (y) the excess, if any, of (a) the sum of (1) the aggregate
      Certificate Principal Balance of the Class A Certificates (after taking into
      account the distribution of the Class A Principal Distribution Amount on such
      Distribution Date), (2) the Certificate Principal Balance of the Class M-1
      Certificates (after taking into account the distribution of the Class M-1
      Principal Distribution Amount on such Distribution Date), (3) the Certificate
      Principal Balance of the Class M-2 Certificates (after taking into account
      the
      distribution of the Class M-2 Principal Distribution Amount on such Distribution
      Date), (4) the Certificate Principal Balance of the Class M-3 Certificates
      (after taking into account the distribution of the Class M-3 Principal
      Distribution Amount on such Distribution Date) and (5) the Certificate Principal
      Balance of the Class M-4 Certificates immediately prior to such Distribution
      Date, over (b) the lesser of (1) the product of (x) 72.90% and (y) 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 during the prior calendar month),
      and (2) 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 during the prior
      calendar month) minus $1,929,989.

     

    Class
      M-5 Certificate:
      Any
      Certificate designated as a “Class 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 M-5 Certificates as set forth herein and
      evidencing (i) a Regular Interest in REMIC III, (ii) the right to receive Basis
      Risk Shortfall Carry Forward Amounts and (iii) the obligation to pay Class
      IO
      Distribution Amounts.

     

    Class
      M-5 Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the remaining Principal
      Distribution Amount for such Distribution Date after distribution of the Class
      A
      Principal Distribution Amount, the Class M-1 Principal Distribution Amount,
      the
      Class M-2 Principal Distribution Amount, the Class M-3 Principal Distribution
      Amount and the Class 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 A Certificates (after taking into account the distribution of the Class
      A
      Principal Distribution Amount on such Distribution Date), (2) the Certificate
      Principal Balance of the Class M-1 Certificates (after taking into account
      the
      distribution of the Class M-1 Principal Distribution Amount on such Distribution
      Date), (3) the Certificate Principal Balance of the Class M-2 Certificates
      (after taking into account the distribution of the Class M-2 Principal
      Distribution Amount on such Distribution Date), (4) the Certificate Principal
      Balance of the Class M-3 Certificates (after taking into account the
      distribution of the Class M-3 Principal Distribution Amount on such Distribution
      Date), (5) the Certificate Principal Balance of the Class M-4 Certificates
      (after taking into account the distribution of the Class M-4 Principal
      Distribution Amount on such Distribution Date) and (6) the Certificate Principal
      Balance of the Class M-5 Certificates immediately prior to such Distribution
      Date, over (b) the lesser of (1) the product of (x) 76.50% and (y) 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 during the prior calendar month),
      and (2) 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 during the prior
      calendar month) minus $1,929,989.

     

    Class
      M-6 Certificate:
      Any
      Certificate designated as a “Class 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 M-6 Certificates as set forth herein and
      evidencing (i) a Regular Interest in REMIC III, (ii) the right to receive Basis
      Risk Shortfall Carry Forward Amounts and (iii) the obligation to pay Class
      IO
      Distribution Amounts.

     

    Class
      M-6 Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the remaining Principal
      Distribution Amount for such Distribution Date after distribution of the Class
      A
      Principal Distribution Amount, the Class M-1 Principal Distribution Amount,
      the
      Class M-2 Principal Distribution Amount, the Class M-3 Principal Distribution
      Amount, the Class M-4 Principal Distribution Amount and the Class 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 A Certificates (after
      taking into account the distribution of the Class A Principal Distribution
      Amount on such Distribution Date), (2) the Certificate Principal Balance of
      the
      Class M-1 Certificates (after taking into account the distribution of the Class
      M-1 Principal Distribution Amount on such Distribution Date), (3) the
      Certificate Principal Balance of the Class M-2 Certificates (after taking into
      account the distribution of the Class M-2 Principal Distribution Amount on
      such
      Distribution Date), (4) the Certificate Principal Balance of the Class M-3
      Certificates (after taking into account the distribution of the Class M-3
      Principal Distribution Amount on such Distribution Date), (5) the Certificate
      Principal Balance of the Class M-4 Certificates (after taking into account
      the
      distribution of the Class M-4 Principal Distribution Amount on such Distribution
      Date), (6) the Certificate Principal Balance of the Class M-5 Certificates
      (after taking into account the distribution of the Class M-5 Principal
      Distribution Amount on such Distribution Date) and (7) the Certificate Principal
      Balance of the Class M-6 Certificates immediately prior to such Distribution
      Date, over (b) the lesser of (1) the product of (x) 80.00% and (y) 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 during the prior calendar month),
      and (2) 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 during the prior
      calendar month) minus $1,929,989.

     

    Class
      M-7 Certificate:
      Any
      Certificate designated as a “Class 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 M-7 Certificates as set forth herein and
      evidencing (i) a Regular Interest in REMIC III, (ii) the right to receive Basis
      Risk Shortfall Carry Forward Amounts and (iii) the obligation to pay Class
      IO
      Distribution Amounts.

     

    Class
      M-7 Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the remaining Principal
      Distribution Amount for such Distribution Date after distribution of the Class
      A
      Principal Distribution Amount, the Class M-1 Principal Distribution Amount,
      the
      Class M-2 Principal Distribution Amount, the Class M-3 Principal Distribution
      Amount, the Class M-4 Principal Distribution Amount, the Class M-5 Principal
      Distribution Amount and the Class 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 A Certificates (after taking into account the distribution
      of the Class A Principal Distribution Amount on such Distribution Date), (2)
      the
      Certificate Principal Balance of the Class M-1 Certificates (after taking into
      account the distribution of the Class M-1 Principal Distribution Amount on
      such
      Distribution Date), (3) the Certificate Principal Balance of the Class M-2
      Certificates (after taking into account the distribution of the Class M-2
      Principal Distribution Amount on such Distribution Date), (4) the Certificate
      Principal Balance of the Class M-3 Certificates (after taking into account
      the
      distribution of the Class M-3 Principal Distribution Amount on such Distribution
      Date), (5) the Certificate Principal Balance of the Class M-4 Certificates
      (after taking into account the distribution of the Class M-4 Principal
      Distribution Amount on such Distribution Date), (6) the Certificate Principal
      Balance of the Class M-5 Certificates (after taking into account the
      distribution of the Class M-5 Principal Distribution Amount on such Distribution
      Date) (7) the Certificate Principal Balance of the Class M-6 Certificates (after
      taking into account the distribution of the Class M-6 Principal Distribution
      Amount on such Distribution Date) and (8) the Certificate Principal Balance
      of
      the Class M-7 Certificates immediately prior to such Distribution Date, over
      (b)
      the lesser of (1) the product of (x) 83.40% and (y) 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 during the prior calendar month),
      and (2) 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 during the prior
      calendar month) minus $1,929,989.

     

    Class
      M-8 Certificate:
      Any
      Certificate designated as a “Class 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 M-8 Certificates as set forth herein and
      evidencing (i) a Regular Interest in REMIC III, (ii) the right to receive Basis
      Risk Shortfall Carry Forward Amounts and (iii) the obligation to pay Class
      IO
      Distribution Amounts.

     

    Class
      M-8 Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the remaining Principal
      Distribution Amount for such Distribution Date after distribution of the Class
      A
      Principal Distribution Amount, the Class M-1 Principal Distribution Amount,
      the
      Class M-2 Principal Distribution Amount, the Class M-3 Principal Distribution
      Amount, the Class M-4 Principal Distribution Amount, the Class M-5 Principal
      Distribution Amount, the Class M-6 Principal Distribution Amount and the Class
      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 A Certificates
      (after taking into account the distribution of the Class A Principal
      Distribution Amount on such Distribution Date), (2) the Certificate Principal
      Balance of the Class M-1 Certificates (after taking into account the
      distribution of the Class M-1 Principal Distribution Amount on such Distribution
      Date), (3) the Certificate Principal Balance of the Class M-2 Certificates
      (after taking into account the distribution of the Class M-2 Principal
      Distribution Amount on such Distribution Date), (4) the Certificate Principal
      Balance of the Class M-3 Certificates (after taking into account the
      distribution of the Class M-3 Principal Distribution Amount on such Distribution
      Date), (5) the Certificate Principal Balance of the Class M-4 Certificates
      (after taking into account the distribution of the Class M-4 Principal
      Distribution Amount on such Distribution Date), (6) the Certificate Principal
      Balance of the Class M-5 Certificates (after taking into account the
      distribution of the Class M-5 Principal Distribution Amount on such Distribution
      Date) (7) the Certificate Principal Balance of the Class M-6 Certificates (after
      taking into account the distribution of the Class M-6 Principal Distribution
      Amount on such Distribution Date), (8) the Certificate Principal Balance of
      the
      Class M-7 Certificates (after taking into account the distribution of the Class
      M-7 Principal Distribution Amount on such Distribution Date) and (9) the
      Certificate Principal Balance of the Class M-8 Certificates immediately prior
      to
      such Distribution Date, over (b) the lesser of (1) the product of (x) 86.50%
      and
      (y) 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 during the prior
      calendar month), and (2) 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
      during the prior calendar month) minus $1,929,989.

     

    Class
      M-9 Certificate:
      Any
      Certificate designated as a “Class 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 M-9 Certificates as set forth herein and
      evidencing (i) a Regular Interest in REMIC III, (ii) the right to receive Basis
      Risk Shortfall Carry Forward Amounts and (iii) the obligation to pay Class
      IO
      Distribution Amounts.

     

    Class
      M-9 Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the remaining Principal
      Distribution Amount for such Distribution Date after distribution of the Class
      A
      Principal Distribution Amount, the Class M-1 Principal Distribution Amount,
      the
      Class M-2 Principal Distribution Amount, the Class M-3 Principal Distribution
      Amount, the Class M-4 Principal Distribution Amount, the Class M-5 Principal
      Distribution Amount, the Class M-6 Principal Distribution Amount, the Class
      M-7
      Principal Distribution Amount and the Class 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 A Certificates (after taking into account the
      distribution of the Class A Principal Distribution Amount on such Distribution
      Date), (2) the Certificate Principal Balance of the Class M-1 Certificates
      (after taking into account the distribution of the Class M-1 Principal
      Distribution Amount on such Distribution Date), (3) the Certificate Principal
      Balance of the Class M-2 Certificates (after taking into account the
      distribution of the Class M-2 Principal Distribution Amount on such Distribution
      Date), (4) the Certificate Principal Balance of the Class M-3 Certificates
      (after taking into account the distribution of the Class M-3 Principal
      Distribution Amount on such Distribution Date), (5) the Certificate Principal
      Balance of the Class M-4 Certificates (after taking into account the
      distribution of the Class M-4 Principal Distribution Amount on such Distribution
      Date), (6) the Certificate Principal Balance of the Class M-5 Certificates
      (after taking into account the distribution of the Class M-5 Principal
      Distribution Amount on such Distribution Date) (7) the Certificate Principal
      Balance of the Class M-6 Certificates (after taking into account the
      distribution of the Class M-6 Principal Distribution Amount on such Distribution
      Date), (8) the Certificate Principal Balance of the Class M-7 Certificates
      (after taking into account the distribution of the Class M-7 Principal
      Distribution Amount on such Distribution Date), (9) the Certificate Principal
      Balance of the Class M-8 Certificates (after taking into account the
      distribution of the Class M-8 Principal Distribution Amount on such Distribution
      Date) and (10) the Certificate Principal Balance of the Class M-9 Certificates
      immediately prior to such Distribution Date, over (b) the lesser of (1) the
      product of (x) 89.00% and (y) 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 during the prior calendar month), and (2) 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 during the prior calendar month)
      minus $1,929,989.

     

    Class
      M-10 Certificate:
      Any
      Certificate designated as a “Class 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 M-10 Certificates as set forth herein
      and
      evidencing (i) a Regular Interest in REMIC III, (ii) the right to receive Basis
      Risk Shortfall Carry Forward Amounts and (iii) the obligation to pay Class
      IO
      Distribution Amounts.

     

    Class
      M-10 Principal Distribution Amount:
      For any
      Distribution Date, an amount equal to the lesser of (x) the remaining Principal
      Distribution Amount for such Distribution Date after distribution of the Class
      A
      Principal Distribution Amount, the Class M-1 Principal Distribution Amount,
      the
      Class M-2 Principal Distribution Amount, the Class M-3 Principal Distribution
      Amount, the Class M-4 Principal Distribution Amount, the Class M-5 Principal
      Distribution Amount, the Class M-6 Principal Distribution Amount, the Class
      M-7
      Principal Distribution Amount, the Class M-8 Principal Distribution Amount
      and
      the Class 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 A
      Certificates (after taking into account the distribution of the Class A
      Principal Distribution Amount on such Distribution Date), (2) the Certificate
      Principal Balance of the Class M-1 Certificates (after taking into account
      the
      distribution of the Class M-1 Principal Distribution Amount on such Distribution
      Date), (3) the Certificate Principal Balance of the Class M-2 Certificates
      (after taking into account the distribution of the Class M-2 Principal
      Distribution Amount on such Distribution Date), (4) the Certificate Principal
      Balance of the Class M-3 Certificates (after taking into account the
      distribution of the Class M-3 Principal Distribution Amount on such Distribution
      Date), (5) the Certificate Principal Balance of the Class M-4 Certificates
      (after taking into account the distribution of the Class M-4 Principal
      Distribution Amount on such Distribution Date), (6) the Certificate Principal
      Balance of the Class M-5 Certificates (after taking into account the
      distribution of the Class M-5 Principal Distribution Amount on such Distribution
      Date) (7) the Certificate Principal Balance of the Class M-6 Certificates (after
      taking into account the distribution of the Class M-6 Principal Distribution
      Amount on such Distribution Date), (8) the Certificate Principal Balance of
      the
      Class M-7 Certificates (after taking into account the distribution of the Class
      M-7 Principal Distribution Amount on such Distribution Date), (9) the
      Certificate Principal Balance of the Class M-8 Certificates (after taking into
      account the distribution of the Class M-8 Principal Distribution Amount on
      such
      Distribution Date), (10) the Certificate Principal Balance of the Class M-9
      Certificates (after taking into account the distribution of the Class M-9
      Principal Distribution Amount on such Distribution Date) and (11) the
      Certificate Principal Balance of the Class M-10 Certificates immediately prior
      to such Distribution Date, over (b) the lesser of (1) the product of (x) 91.20%
      and (y) 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 during the prior
      calendar month), and (2) 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
      during the prior calendar month) minus $1,929,989.

     

    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 (i) a Regular Interest in REMIC V and (ii) the right to receive
      any
      Prepayment Charge Waiver Amounts.

     

    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
      III
      for purposes of the REMIC Provisions.

     

    Class
      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 P
      Certificateholders.

     

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

     

    Class
      R-1 Certificate:
      Any
      Certificate designated a “Class 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 R-1 Certificates as set forth herein.

     

    Class
      R-2 Certificate:
      Any
      Certificate designated a “Class R-2 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 R-2 Certificates as set forth herein.

     

    Class
      R-3 Certificate:
      Any
      Certificate designated a “Class R-3 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 R-3 Certificates as set forth herein.

     

    Class
      RX Certificate:
      Any
      Certificate designated a “Class RX Certificate” on the face thereof, in the form
      set forth in Exhibit A-5 hereto, evidencing the ownership of the Class R-4
      Interest, Class R-5 Interest and Class R-6 Interest and representing the right
      to the Percentage Interest of distributions provided for the Class RX
      Certificates as set forth herein.

     

    Class
      R-4 Interest:
      The
      uncertificated Residual Interest in REMIC IV.

     

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

     

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

     

    Closing
      Date:
      February 28, 2007.

     

    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 1511, Chicago, Illinois, 60603 Attention: Global
      Securities and Trust Services - Bear Stearns Asset Backed Securities I LLC,
      Series 2007-FS1, or at such other address as the Trustee may designate from
      time
      to time.

     

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

     

    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 Interest, the Residual
      Interests and the Residual Certificates), (i) the interest accrued on the
      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
      Class
      CE Certificates and the Class CE Interest 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 Class A Certificates and
      Class M Certificates on a pro
      rata
      basis
      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:
      With
      respect to any Distribution Date, the percentage obtained by dividing (x) the
      sum of (i) the aggregate Certificate Principal Balance of the Class M
      Certificates and (ii) the Overcollateralization Amount, in each case prior
      to
      the distribution of the Principal Distribution Amount on such Distribution
      Date,
      by (y) the aggregate Stated Principal Balance of the 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, 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 prior
      calendar month).

     

    Custodial
      Agreement:
      An
      agreement, dated as of February 28, 2007, 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:
      February 1, 2007.

     

    Cut-off
      Date Principal Balance:
      As to
      any Mortgage Loan, the unpaid principal balance thereof 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 Mortgage Loans is
      $385,997,874.77.

     

    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 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:
      A
      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 Mortgage Loans that are 60 days or more Delinquent (including for this
      purpose any such Mortgage Loans in bankruptcy or foreclosure and 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
      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 prior calendar month) exceeds (y) 31.65% of the Current
      Specified Enhancement Percentage.

     

    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. This calculation of delinquency is
      referred to as the OTS methodology.

     

    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 2007-FS1”. 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 March 2007.

     

    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, an amount, if any, equal to the sum of (a)
      the
      Remaining Excess Spread for such Distribution Date and (b) the
      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, the excess, if any, of (i) the Interest Funds
      for such Distribution Date, over (ii) the sum of the Current Interest on the
      Class A Certificates and Class M Certificates and Interest Carry Forward Amounts
      on the Class A Certificates (other than Interest Carry Forward Amounts paid
      pursuant to Section 5.04(a)(4)(A)), 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:
      With
      respect to any Distribution Date, the lesser of (i) the excess, if any, of
      the
      Overcollateralization Target Amount for such Distribution Date, over the
      Overcollateralization Amount for such Distribution Date (after giving effect
      to
      distributions of principal on the Certificates other than any Extra Principal
      Distribution Amount) and (ii) the Excess Spread 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
      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 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 Master
      Servicer shall maintain records 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 Loans:
      The
      Mortgage Loans identified as such on the Mortgage Loan Schedule.

     

    Group
      I Principal Distribution Amount:
      With
      respect to any Distribution Date, the product of the Principal Distribution
      Amount for such Distribution Date and a fraction, the numerator of which is
      the
      Principal Funds for Loan Group I for such Distribution Date and the denominator
      of which is the Principal Funds for both Loan Groups for such Distribution
      Date.

     

    Group
      II Loans:
      The
      Mortgage Loans identified as such on the Mortgage Loan Schedule.

     

    Group
      II Principal Distribution Amount:
      With
      respect to any Distribution Date, the product of the Principal Distribution
      Amount for such Distribution Date and a fraction, the numerator of which is
      the
      Principal Funds for Loan Group II for such Distribution Date and the denominator
      of which is the Principal Funds for both Loan Groups for such Distribution
      Date.

     

    Group
      II Subordinate Component Percentage:
      With
      respect to any Distribution Date, the percentage equivalent of a fraction
      (rounded to two decimal places), the numerator of which is (x) the aggregate
      Stated Principal Balance of the Mortgage Loans in Loan Group II, minus the
      Certificate Principal Balance of the Class II-A Certificates prior to principal
      distributions on such Distribution Date, and the denominator of which is (y)
      the
      aggregate Stated Principal Balance of the Mortgage Loans in Loan Group
      II.

     

    Group
      II Non-Subordinate Component Percentage:
      With
      respect to any Distribution Date, 100% minus the Group II Subordinate Component
      Percentage for such Distribution Date.

     

    Guarantor:
      As
      defined in Section 3.21(i).

     

    Guarantee:
      As
      defined in Section 3.21(i).

     

    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 Loan Group 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 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 made on or prior to the related Distribution Account Deposit
      Date, (c) all Compensating Interest with respect to the 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 (to the extent such Liquidation Proceeds and Subsequent Recoveries
      relate to interest) less all Nonrecoverable Advances related to interest and
      certain expenses reimbursed during the prior calendar month, in each case with
      respect to the Mortgage Loans, (e) all amounts relating to interest with respect
      to each Mortgage Loan repurchased by EMC in the related Loan Group (on its
      own
      behalf as a Seller and on behalf of Master Funding) pursuant to Sections 2.02
      and 2.03 and by EMC 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 an Optional
      Termination,
      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)
      with respect to Loan Group I, any Net Swap Payment or Swap Termination Payment
      (not due to a Swap Provider Trigger Event and other than to the extent already
      paid by the Swap Administrator from any upfront payment received pursuant to
      any
      replacement interest rate swap agreements that may be entered into by the
      Supplemental Interest Trust Trustee) owed to the Swap Administrator for payment
      to the Swap Provider for such Distribution Date and any such payments remaining
      unpaid for any prior Distribution Dates and with respect to the Group II
      Subordinate Component Percentage of the Interest Funds for Loan Group II, any
      Net Swap Payment or Swap Termination Payment (not due to a Swap Provider Trigger
      Event and other than to the extent already paid by the Swap Administrator from
      any upfront payment received pursuant to any replacement interest rate swap
      agreements that may be entered into by the Supplemental Interest Trust Trustee)
      owed to the Swap Administrator for payment to the 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
      Certificates, other than the Class I-A-1, Class I-A-2 and Class I-A-3
      Certificates, the Distribution Date in February 2037; with respect to the Class
      I-A-1, Class I-A-2 and Class I-A-3 Certificates, the Distribution Date in
      February 2028, February 2032 and May 2035, respectively.

     

    Latest
      Possible Maturity Date:
      With
      respect to the Certificates, February 25, 2037, which is the Distribution Date
      in the month 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 Sections 860A through 860G of
      the
      Code, the latest possible maturity date of each Regular Interest issued by
      REMIC
      I, REMIC II, REMIC III, REMIC IV, REMIC V and REMIC VI shall be the Latest
      Possible Maturity 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:
      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:
      The
      Holder of a 50.01% or greater Percentage Interest in the Class CE
      Certificates.

     

    Marker
      Rate:
      With
      respect to the Class CE Interest and any Distribution Date, a per annum rate
      equal to two (2) times the weighted average of the Uncertificated REMIC II
      Pass-Through Rates for the REMIC II Regular Interests (other than REMIC II
      Regular Interests AA, 1-Sub, 1-Grp, 2-Sub, 2-Grp Swap, 2-Grp Non-Swap, XX,
      IO
      and P), with the rate on each such REMIC II Regular Interest (other than REMIC
      II Regular Interests II-A and 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 III Regular Interest the ownership of which
      is
      represented by the Corresponding Certificate for the purpose of this calculation
      for such Distribution Date, with the rate on REMIC II Regular Interest II-A
      subject to a cap equal to the Pass-Through Rate for the Corresponding
      Certificate for the purpose of this calculation for such Distribution Date,
      and
      with the rate on REMIC II Regular Interest 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 II Regular Interest (other than
      REMIC
      II Regular Interests AA, II-A, ZZ, 1-Sub, 1-Grp, 2-Sub, 2-Grp Swap, 2-Grp
      Non-Swap, XX, IO and 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.

     

    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.

     

    Maximum
      Probable Exposure:
      With
      respect to each Distribution Date, the amount calculated by the Depositor in
      accordance with the Seller’s internal risk management process in respect of
      similar instruments, such calculation to be performed as agreed by the Trustee
      and the Depositor.

     

    Maximum
      Uncertificated Accrued Interest Deferral Amount:
      With
      respect to any Distribution Date, the excess, if any, of (i) accrued interest
      at
      the Uncertificated REMIC II Pass-Through Rate applicable to REMIC II Regular
      Interest ZZ for such Distribution Date on a balance equal to the Uncertificated
      Principal Balance of REMIC II Regular Interest ZZ minus the REMIC 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 II Regular Interests (other than REMIC II Regular Interests
      AA, ZZ, 1-Sub, 1-Grp, 2-Sub, 2-Grp Swap, 2-Grp Non-Swap, XX, IO and P), with
      the
      rate on each such REMIC II Regular Interest (other than REMIC II Regular
      Interest II-A) 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 III 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 II Regular Interest II-A subject
      to
      a cap equal to the Pass-Through Rate for 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 II Regular
      Interest (other than REMIC II Regular Interests AA, II-A, ZZ, 1-Sub, 1-Grp,
      2-Sub, 2-Grp Swap, 2-Grp Non-Swap, XX, IO and 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.

     

    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, notwithstanding foreclosure or other acquisition of
      title of the related Mortgaged Property.

     

    Mortgage
      Loan Purchase Agreement:
      The
      Mortgage Loan Purchase Agreement, dated as of February 28, 2007, 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 (o)
      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
      Loan Seller:
      EMC or
      Master Funding, as applicable.

     

    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-1, Class I-A-2, Class I-A-3
      and Class I-A-4 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 Loan Group I, weighted based on the Stated
      Principal Balances of such Mortgage Loans as of the related Due Date prior
      to
      giving effect to any reduction in the Stated Principal Balances of such 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 Net Swap Payment payable to the Swap Provider on such Distribution
      Date
      and (ii) any Swap Termination Payment not due to a Swap Provider Trigger Event
      payable to the Swap Provider (other than to the extent already paid by the
      Swap
      Administrator from any upfront payment received pursuant to any replacement
      interest rate swap agreement that may be entered into by the Supplemental
      Interest Trust Trustee) payable from Loan Group I, divided by the aggregate
      outstanding Stated Principal Balance of the Mortgage Loans in Loan Group I
      as of
      the related Due Date prior to giving effect to any reduction in the Stated
      Principal Balances of such Mortgage Loans on such Due Date, multiplied by 12.
      With respect to any Distribution Date and the REMIC III Regular Interests the
      ownership of which is represented by the Class I-A-1, Class I-A-2, Class I-A-3
      and Class I-A-4 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 II Pass-Through Rate on REMIC II Regular Interest
      1-Grp, weighted on the basis of the Uncertificated Principal Balance of such
      REMIC II Regular Interest immediately prior to such Distribution
      Date.

     

    With
      respect to any Distribution Date and the Class II-A Certificates, the excess,
      if
      any, of a per annum rate equal to the weighted average of the Net Mortgage
      Rates
      on the then outstanding Mortgage Loans in Loan Group II, weighted based on
      the
      Stated Principal Balances of such Mortgage Loans as of the related Due Date
      prior to giving effect to any reduction in the Stated Principal Balances of
      such
      Mortgage Loans on such Due Date. For federal income tax purposes, the Net Rate
      Cap with respect to the Class II-A Certificates shall be a per annum rate
      equivalent to the foregoing, expressed as the weighted average of the
      Uncertificated REMIC II Pass-Through Rate on REMIC II Regular Interest 2-Grp
      Non-Swap, weighted on the basis of the Uncertificated Principal Balance of
      such
      REMIC II Regular Interest immediately prior to such Distribution
      Date.

     

    With
      respect to any Distribution Date and the Class M Certificates, a per annum
      rate
      equal to the product of (x) the weighted average of (A) the weighted average
      of
      the Net Mortgage Rates on the then outstanding Mortgage Loans in each Loan
      Group, weighted in proportion to the results of subtracting from the aggregate
      Stated Principal Balances of each such Loan Group as of the related Due Date
      prior to giving effect to any reduction in the Stated Principal Balances of
      such
      Mortgage Loans on such Due Date, the Certificate Principal Balance of the
      related Class or Classes of Senior Certificates, in each case, minus (B) an
      amount, expressed as a per annum rate, equal to the sum of (i) the Net Swap
      Payment payable to the Swap Provider on such Distribution Date and (ii) any
      Swap
      Termination Payment not due to a Swap Provider Trigger Event payable to the
      Swap
      Provider (other than to the extent already paid by the Swap Administrator from
      any upfront payment received pursuant to any replacement interest rate swap
      agreement that may be entered into by the Supplemental Interest Trust Trustee)
      payable from the related Loan Group, divided by the aggregate outstanding Stated
      Principal Balance of the Mortgage Loans in the related Loan Group as of the
      related Due Date prior to giving effect to any reduction in the Stated Principal
      Balances of such Mortgage Loans on such Due Date, multiplied by 12 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. With respect to
      any
      Distribution Date and the REMIC III Regular Interests the ownership of which
      is
      represented by the Class 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 II Pass-Through Rates on (a) REMIC II
      Regular Interest 1-Sub, subject to a cap and a floor equal to the Uncertificated
      REMIC II Pass-Through Rate on REMIC II Regular Interest 1-Grp, and (b) REMIC
      II
      Regular Interest 2-Sub, subject to a cap and a floor equal to the weighted
      average of the Uncertificated REMIC II Pass-Through Rates on REMIC II Regular
      Interests 2-Grp Swap and 2-Grp Non-Swap (weighted on the basis of the
      Uncertificated Principal Balances of REMIC II Regular Interests 2-Grp Swap
      and
      2-Grp Non-Swap immediately prior to such Distribution Date), weighted
      on the basis of the Uncertificated Principal Balances of each such REMIC II
      Regular Interest immediately prior to such Distribution Date.

     

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

     

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

     

    Offered
      Certificates:
      The
      Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-4, Class II-A, Class M-1,
      Class
      M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class
      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 and the Class I-A Certificates and Class M
      Certificates, 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 Reuters Screen LIBOR1 Page, which is the display page
      currently so designated on the Reuters Monitor Money Rates Service (or such
      other page as may replace that page on that service for the purpose of
      displaying comparable rates or prices), 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 I-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 I-A Certificate and Class M Certificate and, for purposes
      of the definitions of “Marker Rate” and “Maximum Uncertificated Accrued Interest
      Deferral Amount”, the REMIC II 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:
      The
      termination of the Trust Fund created hereunder as a result of the purchase
      of
      all of the Mortgage Loans and REO Property pursuant to Section 10.01
      hereof.

     

    Optional
      Termination Date:
      The
      Distribution Date on which the Stated Principal Balance of all of the Mortgage
      Loans is equal to or less than 10% of the Stated Principal Balance of all of
      the
      Mortgage Loans as of the Cut-off 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:
      With
      respect to any Distribution Date, the excess, if any, of 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 during the prior calendar month),
      over the aggregate Certificate Principal Balance of the Class A Certificates
      and
      Class M Certificates on such Distribution Date (after taking into account the
      payment of principal (other than any Extra Principal Distribution Amount) on
      such Certificates).

     

    Overcollateralization
      Release 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 (assuming that 100% of the Principal Funds
      is
      applied as a principal payment on such Distribution Date), over (ii) the
      Overcollateralization Target Amount for such Distribution Date (with the amount
      pursuant to clause (y) deemed to be $0 if the Overcollateralization Amount
      is
      less than or equal to the Overcollateralization Target Amount on that
      Distribution Date).

     

    Overcollateralization
      Target Amount:
      With
      respect to any Distribution Date (a) prior to the Stepdown Date, 4.40% of the
      aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off
      Date,
      (b) on or after the Stepdown Date and if a Trigger Event is not in effect,
      the
      greater of (i) the lesser of (1) 4.40% of the aggregate Stated Principal Balance
      of the Mortgage Loans as of the Cut-off Date and (2) 8.80% of 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 during the prior calendar month)
      and (ii) $1,929,989 or (c) on or after the Stepdown Date and if a Trigger Event
      is in effect, the Overcollateralization Target Amount for the immediately
      preceding 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 the Class I-A Certificates and Class M Certificates and any
      Distribution Date, a per annum rate 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 II-A Certificates, and for purposes of the definitions
      of
“Marker Rate” and “Maximum Uncertificated Accrued Interest Deferral Amount”,
      REMIC II Regular Interest II-A, and (A) any Distribution Date which occurs
      on or
      prior to the Optional Termination Date, a fixed rate equal to the lesser of
      (i)
      5.750% per annum and (ii) the related Net Rate Cap for such Distribution Date,
      and (B) for each Distribution Date which occurs thereafter, a fixed rate equal
      to the lesser of (i) 6.250% per annum and (ii) the related Net Rate Cap for
      such
      Distribution Date.

     

    With
      respect to the Class 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 II Regular Interest (other
      than
      REMIC II Regular Interests 1-Sub, 1-Grp, 2-Sub, 2-Grp Swap, 2-Grp Non-Swap,
      XX,
      IO and P) equal to the product of (a) the excess, if any, of the Uncertificated
      REMIC II Pass-Through Rate for such REMIC II Regular Interest over the Marker
      Rate and (b) a notional amount equal to the Uncertificated Principal Balance
      of
      such REMIC II Regular Interest, and the denominator of which is (y) the
      aggregate Uncertificated Principal Balance of such REMIC II Regular
      Interests.

     

    With
      respect to the Class CE Certificate, the Class 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 CE Interest for such Distribution Date.

     

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

     

    With
      respect to the Class IO Interest, Class 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
      II
      Regular Interest IO for such Distribution Date.

     

    With
      respect to REMIC VI Regular Interest IO, REMIC VI 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 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 or REMIC
      VI 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 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 during the related Prepayment Period or a
      Principal Prepayment in full during the related Prepayment Period, or that
      became a Liquidated Loan during the prior calendar month, (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 (c) the LPMI Fee, if any, in each case with respect to the related Mortgage
      Loan.

     

    Prepayment
      Period:
      As to
      any Distribution Date, and each Principal Prepayment in full, 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. With respect to any Distribution Date
      and each partial Principal Prepayment, the calendar month prior to the month
      of
      such Distribution Date.

     

    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, an amount equal to (x) the Principal Funds
      for such Distribution Date plus (y) any Extra Principal Distribution Amount
      for
      such Distribution Date, less (z) any Overcollateralization Release
      Amount.

     

    Principal
      Funds:
      With
      respect to each Loan Group and any Distribution Date, (1) the sum, without
      duplication, of (a) all scheduled principal collected during the related Due
      Period, (b) all Advances relating to principal made on or before the
      Distribution Account Deposit Date, (c) Principal Prepayments exclusive of
      Prepayment Charges or penalties collected on the Mortgage Loans 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
      Seller and on behalf of Master Funding) pursuant to Sections 2.02 and 2.03
      and
      by EMC 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 pursuant to Section 2.03(c), (f) all Liquidation
      Proceeds and Subsequent Recoveries collected on the Mortgage Loans during the
      prior calendar month (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 an 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)
      with
      respect to Loan Group I, any Net Swap Payment or Swap Termination Payment (not
      due to a Swap Provider Trigger Event and other than to the extent already paid
      by the Swap Administrator from any upfront payment received pursuant to any
      replacement interest rate swap agreements that may be entered into by the
      Supplemental Interest Trust Trustee) owed to the Swap Administrator for payment
      to the Swap Provider for such Distribution Date and any such payments remaining
      unpaid for any prior Distribution Dates and with respect to the Group II
      Subordinate Component Percentage of the Principal Funds for Loan Group II,
      any
      Net Swap Payment or Swap Termination Payment (not due to a Swap Provider Trigger
      Event and other than to the extent already paid by the Swap Administrator from
      any upfront payment received pursuant to any replacement interest rate swap
      agreements that may be entered into by the Supplemental Interest Trust Trustee)
      owed to the Swap Administrator for payment to the Swap Provider for such
      Distribution Date and any such payments remaining unpaid for any prior
      Distribution Dates to the exent not paid from 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 M-10, Class P, Class CE and Residual Certificates.

     

    Prospectus
      Supplement:
      The
      Prospectus Supplement dated February 27, 2007 relating to the public offering
      of
      the Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-4, Class II-A, Class M-1,
      Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8
      and
      Class M-9 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 required to be purchased pursuant to the applicable
      provisions of this Agreement, an amount equal to the sum of (i) 100% of the
      Stated Principal Balance 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), net of any Servicing Advances and Advances attributable to principal
      and payable to the purchaser of the Mortgage Loan if such purchaser is also
      the
      Master Servicer of such Mortgage Loan, (ii) accrued and unpaid interest thereon
      at the applicable Mortgage Rate through and including the last day of the month
      of such purchase, net of any portion of the Servicing Fee and any Servicing
      Advances and Advances attributable to interest that is payable to the purchaser
      of the Mortgage Loan if such purchaser is also the Master Servicer of such
      Mortgage Loan, 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.

     

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

     

    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 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 or advanced
      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 which have not
      been
      previously reimbursed. 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
      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
      II-A, 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 any Distribution Date and the Class II-A, Class CE, Class P and
      Residual 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 I-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 I-A Certificates and Class M Certificates for
      such Accrual Period.

     

    Regular
      Certificate:
      Any
      Certificate other than a Residual Certificate.

     

    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 - 1,631 (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 or local
      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, the Excess Spread less any Extra Principal
      Distribution Amount, 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 Group I Regular Interests:
      REMIC I
      Regular I-1-A through REMIC I Regular Interest I-60-B as designated in the
      Preliminary Statement hereto.

     

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

     

    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 the REMIC I Group I Regular Interests,
      REMIC I Group II Regular Interests, REMIC I Regular Interest II-A Non-Swap
      and
      REMIC I Regular Interest P.

     

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

     

    REMIC
      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 Mortgage
      Loans and REO Properties then outstanding and (ii) the Uncertificated REMIC
      II
      Pass-Through Rate for REMIC II Regular Interest AA minus the Marker Rate,
      divided by (b) 12.

     

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

     

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

     

    REMIC
      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 Mortgage Loans and 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 II Regular
      Interest for which a Class A Certificate or Class M Certificate is a
      Corresponding Certificate and the denominator of which is the aggregate
      Uncertificated Principal Balance of each REMIC II Regular Interest for which
      a
      Class A Certificate or Class M Certificate is a Corresponding Certificate and
      REMIC II Regular Interest ZZ.

     

    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 (except for REMIC II Regular
      Interest 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 II Regular Interests are
      set
      forth in the Preliminary Statement hereto.

     

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

     

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

     

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

     

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

     

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

     

    REMIC
      IV:
      The
      segregated pool of assets consisting of the Class CE Interest conveyed in trust
      to the Trustee, for the benefit of the Holders of the Class CE Certificates
      and
      the Class RX Certificate (in respect of the Class R-4 Interest), with respect
      to
      which a separate REMIC election is to be made.

     

    REMIC
      IV Certificate:
      Any
      Class CE Certificate or Class RX Certificate (in respect of the Class R-4
      Interest).

     

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

     

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

     

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

     

    REMIC
      VI Interests:
      The
      REMIC VI Regular Interest IO or Class RX Certificate (in respect of the Class
      R-6 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 or REMIC VI 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 and REMIC II Regular Interests.

     

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

     

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

     

    Residual
      Certificates:
      The
      Class R-1, Class R-2, Class R-3 and Class RX Certificates (representing
      ownership of the Class R-4 Interest, Class R-5 Interest and Class R-6 Interest),
      each evidencing the sole class of Residual Interests in the related
      REMIC.

     

    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)(iii).

     

    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 in
      its capacity as seller of the Mortgage Loans to the Depositor.

     

    Senior
      Certificates:
      Any of
      the Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-4 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:
      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 A Certificates and Class M Certificates to the Swap Agreement.
      

     

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

     

    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,
      (iii) 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 (iv) any Realized Losses on such Mortgage Loan incurred
      during the prior calendar month. The Stated Principal Balance of a Liquidated
      Loan equals zero.

     

    Stepdown
      Date:
      The
      later to occur of (a) the Distribution Date in March 2010 and (b) the first
      Distribution Date on which the Current Specified Enhancement Percentage is
      greater than or equal to 50.50%.

     

    Subordinated
      Certificates:
      The
      Class M, Class CE 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 calendar month 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).

     

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

     

    Supplemental
      Interest Trust:
      The
      corpus of a trust created pursuant to Section 3.21 of this Agreement and
      designated as the “Supplemental Interest Trust,” consisting of the Swap
      Agreement, the Swap Administration Agreement, REMIC VI Regular Interest IO,
      the
      Swap Collateral Account and the Swap Account. For the avoidance of doubt, the
      Supplemental Interest Trust, the Swap Agreement, the Swap Account, the Swap
      Collateral Account and the Swap Administration Agreement do not constitute
      parts
      of the Trust Fund or any REMIC.

    

    Supplemental
      Interest Trust Trustee:
      LaSalle
      Bank National Association, a national banking association not in its individual
      capacity but solely in its capacity as 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 supplemental interest trust trustee
      as may from time to time be serving as successor supplemental interest trust
      trustee.

     

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

     

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

     

    Swap
      Administration Agreement:
      The
      Swap Administration Agreement, dated February 28, 2007, pursuant to which the
      Swap Administrator will make payments to the Swap Provider and the
      Certificateholders, and certain other payments, as such agreement may be amended
      or supplemented from time to time.

     

    Swap
      Agreement:
      The
      interest rate swap agreement, dated as of February 28, 2007, between the
      Supplemental Interest Trust Trustee and the Swap Provider, including any
      schedule, confirmations, credit support annex or other credit support document
      relating thereto, and attached hereto as Exhibit M.

     

    Swap
      Collateral Account:
      Shall
      mean the separate interest-bearing account created and maintained by the Swap
      Administrator pursuant to the Swap Administration Agreement. 

     

    Swap
      Early Termination:
      The
      occurrence of an Early Termination Date (as defined in the Swap Agreement)
      under
      the Swap Agreement.

     

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

     

    Swap
      Optional Termination Payment:
      As
      defined in Section 10.01.

     

    Swap
      Provider:
      The
      swap provider under the Swap Agreement either (a) entitled to receive payments
      from the Swap Administrator from amounts payable by the Trust Fund 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
      Swap Agreement, and any successor in interest or assign. Initially, the Swap
      Provider shall be ABN AMRO Bank N.V.

     

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

     

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

     

    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.

     

    Transferee
      Affidavit:
      As
      defined in Section 6.02.

     

    Transferor
      Affidavit:
      As
      defined in Section 6.02.

     

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

     

    
      	
              Distribution
                Date

            	
              Percentage

            
	 	 
	
              March
                2010 through February 2011

            	
              3.35%
                with respect to March
                2010,
                plus an additional 1/12th of the difference between 5.45% and 3.35%
                for
                each month thereafter 

            
	
              March
                2011 through February 2012

            	
              5.45%
                with respect to March 2011, plus an additional 1/12th
                of
                the difference between 7.10%
                and 5.45%
                for each month thereafter

            
	
              March
                2012 through February 2013

            	
              7.10%
                with respect to March 2012, plus an additional 1/12th
                of
                the difference between 8.35%
                and 7.10%
                for each month thereafter

            
	
              March
                2013 and thereafter

            	
              8.35%

            

    

    

    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 P Certificate Account, the
      Reserve Fund 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 0.012%
      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 CE Interest and any Distribution Date, an amount equal
      to
      the aggregate Uncertificated Principal Balance of the REMIC II Regular Interests
      (other than REMIC II Regular Interest P) for such Distribution
      Date.

     

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

     

    Uncertificated
      Pass-Through Rate:
      The
      Uncertificated REMIC I Pass-Through Rate and Uncertificated REMIC II
      Pass-Through Rate.

     

    Uncertificated
      Principal Balance:
      The
      amount of each REMIC Regular Interest, Class P Interest and Class CE Interest
      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.
      On
      each Distribution Date, the Uncertificated Principal Balance of the REMIC
      Regular Interests and Class P Interest shall be reduced by all distributions
      of
      principal made on such REMIC Regular Interests and Class P 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 5.05, and the Uncertificated Principal Balance
      of
      REMIC II Regular Interest ZZ shall be increased by interest deferrals as
      provided in Section 5.07(c)(1)(ii). The Uncertificated Principal Balance of
      each
      REMIC Regular Interest, Class P Interest and Class CE Interest shall never
      be
      less than zero. With respect to the Class CE Interest as of any date of
      determination, an amount equal to the excess, if any, of (A) the then aggregate
      Uncertificated Principal Balance of the REMIC II Regular Interests over (B)
      the
      then aggregate Certificate Principal Balance of the Class A Certificates and
      the
      Class M Certificates and the Uncertificated Principal Balance of the Class
      P
      Interest then outstanding.

     

    Uncertificated
      REMIC I Pass-Through Rate:
      With
      respect to each REMIC I 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 Loan Group I multiplied by 2, subject to a maximum rate of
      10.2160%. With respect to each REMIC I 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 Loan Group I over (2) 10.2160% and (y) 0.00% per annum.

     

    With
      respect to each REMIC I 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 Loan Group II multiplied by 2, subject to a maximum rate
      of
      10.2160%. With respect to each REMIC I 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 Loan Group II over (2) 10.2160% and (y) 0.00% per annum.

     

    With
      respect to REMIC I Regular Interest II-A Non-Swap and any Distribution Date,
      a
      per annum rate equal to the weighted average of the Net Mortgage Rates on the
      Mortgage Loans in Loan Group II,
      weighted based on the Stated Principal Balances of such Mortgage Loans as of
      the
      related Due Date prior to giving effect to any reduction in the Stated Principal
      Balances of such Mortgage Loans on such Due Date.

     

    With
      respect to REMIC I Regular Interest P, 0.00%

     

    Uncertificated
      REMIC II Pass-Through Rate:
      With
      respect to REMIC II Regular Interest AA, each REMIC II Regular Interest for
      which a Class A Certificate or Class M Certificate is a Corresponding
      Certificate, REMIC II Regular Interest ZZ, REMIC II Regular Interest 1-Sub,
      REMIC II Regular Interest 2-Sub and REMIC II Regular Interest XX,
      and
      any
      Distribution Date, a
      per
      annum rate equal to the weighted average of (x) the Uncertificated REMIC I
      Pass-Through Rates for REMIC I Regular Interest II-A Non-Swap and 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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-2-A
                through II-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

            
	 	
              II-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

            
	 	
              II-3-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-4-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-5-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-6-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-7-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-8-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-9-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-10-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-11-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-12-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-13-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-14-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-15-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-16-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-17-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-18-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-19-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-20-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-21-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-22-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-23-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-24-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-25-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-26-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-27-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-28-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-29-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-30-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-31-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-32-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-33-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-34-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-35-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-36-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-37-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-38-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-39-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-40-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-41-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-42-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-43-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-44-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-45-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-46-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-47-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-48-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-49-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-50-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-51-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-52-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-53-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-54-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-55-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-56-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-57-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-58-A
                through II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-59-A
                and II-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

            
	 	
              II-1-A
                through II-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

            
	 	
              II-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

            
	 	
              II-1-A
                through II-59-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              thereafter

            	
              I-1-A
                through I-60-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	
              II-1-A
                through II-60-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            

    

    

    With
      respect to REMIC II Regular Interest 1-Grp 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 Group I Regular Interests ending with the
      designation “B” for such Distribution Date and (y) the rates listed below for
      the REMIC I 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 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-1-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 II Regular Interest 2-Grp Swap 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 Group II Regular Interests ending with the
      designation “B” for such Distribution Date and (y) the rates listed below for
      the REMIC I 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 I Regular Interest for
      such
      Distribution Date:

     

    
      	
              Distribution
                Date

            	
              REMIC
                I Regular Interest

            	
              Rate

            
	
              1

            	
              II-1-A
                through II-60-A

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

            
	 	 	 
	
              2

            	
              II-2-A
                through II-60-A

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

            
	 	
              II-1-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              3

            	
              II-3-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-2-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              4

            	
              II-4-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-3-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              5

            	
              II-5-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-4-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              6

            	
              II-1-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-5-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              7

            	
              II-7-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-6-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              8

            	
              II-8-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-7-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              9

            	
              II-9-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-8-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              10

            	
              II-10-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-9-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              11

            	
              II-11-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-10-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              12

            	
              II-12-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-11-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              13

            	
              II-13-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-12-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              14

            	
              II-14-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-13-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              15

            	
              II-15-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-14-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              16

            	
              II-16-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-15-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              17

            	
              II-17-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-16-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              18

            	
              II-18-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-17-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              19

            	
              II-19-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-18-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              20

            	
              II-20-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-19-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              21

            	
              II-21-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-20-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              22

            	
              II-22-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-21-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              23

            	
              II-23-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-22-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              24

            	
              II-24-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-23-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              25

            	
              II-25-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-24-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              26

            	
              II-26-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-25-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              27

            	
              II-27-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-26-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              28

            	
              II-28-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-27-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              29

            	
              II-29-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-28-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              30

            	
              II-30-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-29-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              31

            	
              II-31-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-30-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              32

            	
              II-32-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-31-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              33

            	
              II-33-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-32-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              34

            	
              II-34-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-33-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              35

            	
              II-35-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-34-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              36

            	
              II-36-A
                through II-60-A

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

            
	 	
              II-1-A
                     through II-35-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              37

            	
              II-37-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-36-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              38

            	
              II-38-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-37-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              39

            	
              II-39-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-38-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              40

            	
              II-40-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-39-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              41

            	
              II-41-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-40-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              42

            	
              II-42-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-41-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              43

            	
              II-43-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-42-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              44

            	
              II-44-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-43-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              45

            	
              II-45-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-44-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              46

            	
              II-46-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-45-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              47

            	
              II-47-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-46-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              48

            	
              II-48-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-47-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              49

            	
              II-49-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-48-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              50

            	
              II-50-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-49-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              51

            	
              II-51-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-50-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              52

            	
              II-52-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-51-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              53

            	
              II-53-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-52-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              54

            	
              II-54-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-53-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              55

            	
              II-55-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-54-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              56

            	
              II-56-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-55-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              57

            	
              II-57-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-56-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              58

            	
              II-58-A
                through II-60-A

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

            
	 	
              II-1-A
                through II-57-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              59

            	
              II-59-A
                and II-60-A

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

            
	 	
              II-1-A
                through II-58-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              60

            	
              II-60-A

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

            
	 	
              II-1-A
                through II-59-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            
	 	 	 
	
              thereafter

            	
              II-1-A
                through II-60-A

            	
              Uncertificated
                REMIC I Pass-Through Rate

            

    

     

    With
      respect to REMIC II Regular Interest 2-Grp Non-Swap and any Distribution Date,
      a
      per annum rate equal to the weighted average of the Uncertificated REMIC I
      Pass-Through Rate for REMIC I Regular Interest II-A Non-Swap for such
      Distribution Date, weighted on the basis of the Uncertificated Principal Balance
      of such REMIC I Regular Interest for such Distribution Date.

     

    With
      respect to REMIC II Regular Interest 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” for such Distribution Date, over (y) the
      weighted average of 2 multiplied by Swap LIBOR on the REMIC I Regular Interests
      ending with the designation “A”, subject to a maximum rate of the Uncertificated
      REMIC I Pass-Through Rate for each such REMIC I Regular Interest 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. 

     

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

     

    Unpaid
      Realized Loss Amount:
      With
      respect to any 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 on all
      previous Distribution Dates. Any amounts distributed to the 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 (i) 92% to the Class A Certificates and Class M Certificates,
      (ii)
      3% to the Class CE Certificates until paid in full, and (iii) 1% to each of
      the
      Class R-1, Class R-2, Class R-3, Class RX and Class P 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.
      Voting Rights will be allocated among the Certificates of each such Class in
      accordance with their respective Percentage Interests.

     

    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 Mortgage Loans for any Distribution Date shall be
      allocated first, to the Class 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, thereafter, among the 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 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 REMIC I Group I Regular Interests ending
      with
      the designation “B”, on a pro
      rata
      basis,
      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
      then, to REMIC I Group I Regular Interests ending with the designation “A”, on a
pro
      rata
      basis,
      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 I 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 Loan Group II for any Distribution
      Date shall be allocated first, to REMIC I Group II Regular Interests ending
      with
      the designation “B” and REMIC I Regular Interest II-A Non-Swap, on a
pro
      rata
      basis,
      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
      then, to REMIC I Group II Regular Interests ending with the designation “A”, on
      a pro
      rata
      basis,
      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 Regular Interests (other than REMIC II Regular Interests IO and P)
      for
      any Distribution Date, (i) the REMIC 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 the Mortgage Loans for
      any
      Distribution Date shall be allocated first, to Uncertificated Accrued Interest
      payable to REMIC II Regular Interest AA and REMIC II Regular Interest ZZ up
      to
      an aggregate amount equal to the REMIC II Interest Loss Allocation Amount,
      98%
      and 2%, respectively, and thereafter, among REMIC II Regular Interest AA, each
      REMIC II Regular Interest for which a Class A Certificate or Class M Certificate
      is the Corresponding Certificate and REMIC II Regular Interest ZZ, 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 Regular Interest, and (ii) the REMIC
      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 the Mortgage Loans for any Distribution Date shall be allocated
      to
      Uncertificated Accrued Interest payable to REMIC II Regular Interest 1-Sub,
      REMIC II Regular Interest 1-Grp, REMIC II Regular Interest 2-Sub, REMIC II
      Regular Interest 2-Grp Swap, REMIC II Regular Interest 2-Grp Non-Swap and REMIC
      II Regular Interest XX, 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 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 the 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,
      or caused to be 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 2007-FS1,” 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 2007-FS1,” 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, or cause to be delivered, 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”;
(y)
      in
      lieu of the Mortgage (other than the Mortgages related to the EMC Flow Loans),
      assignment to the Trustee or in blank or intervening assignments thereof, if
      the
      applicable jurisdiction retains the originals of such documents (as evidenced
      by
      a certification from the Depositor to such effect) the Depositor may deliver,
      or
      cause to be delivered, 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, the Depositor may deliver, or cause to be
      delivered, 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,
      or
      cause to be delivered, 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, or cause to be delivered,
      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.

     

    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), the Master
      Servicer and, if reviewed by the Custodian, 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.
      Within
      90
      days from the date of notice from the Trustee of the defect, 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. 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.
      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.

     

    (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), 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. 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). Within 90 days from the date of notice
      from the Trustee of the defect, 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. 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)  In
      connection with the Group II Mortgage Loans, notwithstanding any state or
      federal law to the contrary, the Master Servicer shall not collect such
      prepayment premium in any instance when the mortgage debt is accelerated through
      foreclosure sale or other involuntary payment as the result of the borrower’s
      default in making the loan payments.

     

    (xi)  The
      Master Servicer will transmit full-file credit reporting data for each Group
      II
      Mortgage Loan pursuant to Fannie Mae Guide Announcement 95-19 and for each
      Group
      II Mortgage Loan, the Master Servicer agrees it shall report one of the
      following statuses each month as follows: new origination, current, delinquent
      (30-, 60-, 90-days, etc.), foreclosed, or charged-off.

     

    (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
      Certificateholders in any Mortgage Loan, the party discovering such breach
      shall
      give prompt written notice thereof to the other parties. 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 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 Mortgage Loan 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 or REMIC VI 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 or REMIC VI 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 a 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 and the other assets of REMIC II for the benefit of the
      holders of the REMIC II Regular Interests and the Class R-2 Certificates. The
      Trustee acknowledges receipt of the REMIC I Regular Interests (which are
      uncertificated) and the other assets of REMIC II and declares that it holds
      and
      will hold the same in trust for the exclusive use and benefit of the holders
      of
      the REMIC II Regular Interests and the Class 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
      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 R-3 Certificates.
      The
      Trustee acknowledges receipt of 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 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
      CE Interest for the benefit of the Holders of the REMIC IV Certificates. The
      Trustee acknowledges receipt of the Class 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 IV 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
      P Interest for the benefit of the Holders of the REMIC V Certificates. The
      Trustee acknowledges receipt of the Class 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 V 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
      IO Interest for the benefit of the holders of the REMIC VI Interests. The
      Trustee acknowledges receipt of the Class 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 VI 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 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 Mortgaged
      Properties and related insurance premiums shall not, for the purpose of
      calculating monthly distributions to the 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
      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 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
      shall be deposited in the Protected Account, 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, 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
      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
      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 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
      or REMIC VI as defined in Section 860F of the Code or cause any of REMIC I,
      REMIC II, REMIC III, REMIC IV, REMIC V or REMIC VI 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 or REMIC
      VI
      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. 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 for all purposes hereof.

     

    The
      Liquidation Proceeds from any liquidation of a 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
      shall
      be retained by the Master Servicer as additional servicing
      compensation.

     

    The
      proceeds of any Liquidated Loan, as well as any recovery resulting from a
      partial collection of Liquidation Proceeds or any income from an 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, 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 the respective aggregate
      amounts of Excess Liquidation Proceeds and Realized Losses, if any, for the
      preceding calendar month.

     

    (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 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 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 2008, 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 timeframes 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 timeframes 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 2008, 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 2008, 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 timeframes 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. Failure of the Trustee
      to
      comply with this Section 3.14 (including with respect to the timeframes 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 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)(iv) 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)(v). 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 for the Master Servicer can be contacted at 214-626-3287.
      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 (v) 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)(iv) 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)(v).
      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 for
      the Master Servicer can be contacted at 212-272-7575. 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 2008, 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
      timeframes 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)(iii)(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 2008, (i) the parties set forth in Exhibit
      Q shall be required to provide pursuant to Section 3.16(a)(iv) 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)(v). 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 for the Master Servicer can be contacted at
      212-272-7575. 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)(iii) 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 212-272-7575. 

     

    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)(iii) 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 (iii) 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 Significance Estimate and the Trustee shall use such information
      to
      calculate the 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 Swap Provider to
      that effect. The Trustee shall request from the Depositor and the Depositor
      shall deliver to the Trustee any information that the Swap Provider delivered
      to
      the Depositor as required under Regulation AB, to the extent required under
      the
      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 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)  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.

     

    (c)  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.

     

    (d)  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.

     

    (e)  Nothing
      shall be construed from the foregoing subsections (a) and (b) 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.

     

    (f)  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, EMC 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. This
      right
      may be assigned by EMC to a third party, including a holder of a Class of
      Certificates.

     

    If
      at any
      time EMC 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
      EMC 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 EMC, without recourse,
      representation or warranty, to EMC 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. EMC 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 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  Reserve
      Fund; Payments to and from Swap Administrator; Supplemental Interest
      Trust. 

     

    (a)  Pursuant
      to the Swap Administration Agreement, the Supplemental Interest Trust shall
      be
      established and maintained in the name of the Supplemental Interest Trust
      Trustee, as a separate trust, the corpus of which shall be held by the
      Supplemental Interest Trust Trustee, for the benefit of the Holders of the
      Class
      I-A Certificates and Class M Certificates and the Swap Provider. The
      Supplemental Interest Trust shall hold the Swap Agreement, the Swap
      Administration Agreement, REMIC VI Regular Interest IO, the Swap Collateral
      Account and the Swap Account. The 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 Swap Account
      shall, at the direction of the Majority Class 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 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
      Swap Account shall remain uninvested. All amounts earned on amounts on deposit
      in the Swap Account shall be taxable to the Majority Class CE Certificateholder.
      Any losses on such investments shall be deposited in the Swap Account by the
      Majority Class CE Certificateholder out of its own funds immediately as
      realized. In performing its duties hereunder and under the Swap Agreement and
      Swap Administration Agreement, the 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 Reserve Fund on behalf
      of
      the Holders of the Certificates. On the Closing Date, the Depositor shall cause
      an amount equal to the Reserve Fund Deposit to be deposited into the Reserve
      Fund. The Reserve Fund must be an Eligible Account. The Reserve Fund shall
      be
      entitled “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 2007-FS1”. The Trustee shall deposit in the Reserve Fund
      all payments received from the Swap Administrator that are payable to the Trust
      Fund for distribution to the Class I-A Certificates and Class M Certificate
      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 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 A Certificates and/or Class M Certificates, the Trustee shall deposit
      the
      amounts distributable pursuant to clauses (C) and (D) of Section 5.04(a)(4)
      into
      the Reserve Fund, and the Trustee has been directed by the Class CE
      Certificateholder to distribute any amounts then on deposit in the Reserve
      Fund
      (excluding any portion thereof attributable to payments from the Swap
      Administrator, in the case of the Class II-A Certificates) to the Holders of
      the
      Class A and/or Class 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)(4). Any amount paid to the Holders of Class A
      Certificates and/or Class M Certificates from amounts distributable pursuant
      to
      clauses (C) and (D) of Section 5.04(a)(4) pursuant to the preceding sentence
      in
      respect of Basis Risk Shortfall Carry Forward Amounts shall be treated as
      distributed to the Class CE Certificateholder in respect of the Class CE
      Certificates and paid by the Class CE Certificateholder to the Holders of the
      Class A Certificates and/or Class M Certificates. Any payments to the Holders
      of
      the Class A Certificates and/or Class M Certificates in respect of Basis Risk
      Shortfall Carry Forward Amounts, whether pursuant to the second preceding
      sentence or, with respect to the Class I-A Certificates and Class M
      Certificates, 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)  Net
      Swap
      Payments and Swap Termination Payments (other than Swap Termination Payments
      resulting from a Swap Provider Trigger Event and other than to the extent
      already paid by the Swap Administrator on behalf of the Supplemental Interest
      Trust Trustee from any upfront payment received pursuant to any replacement
      interest rate swap agreement that may be entered into by the Supplemental
      Interest Trust Trustee) payable by the Swap Administrator, on behalf of the
      Supplemental Interest Trust Trustee, to the Swap Provider pursuant to the Swap
      Agreement shall be deducted from Interest Funds (to the extent provided in
      the
      definition thereof with respect to each Loan Group), and to the extent of any
      such remaining amounts due, from Principal Funds (to the extent provided in
      the
      definition thereof with respect to each Loan Group), prior to any distributions
      to the Certificateholders. On or before each Distribution Date, such amounts
      shall be remitted to the Swap Administrator, and deposited into the Swap
      Account, first to make any Net Swap Payment owed to the Swap Provider pursuant
      to the Swap Agreement for such Distribution Date and for prior Distribution
      Dates, if any, and second to make any Swap Termination Payment (not due to
      a
      Swap Provider Trigger Event and other than to the extent already paid by the
      Swap Administrator on behalf of the Supplemental Interest Trust Trustee from
      any
      upfront payment received pursuant to any replacement interest rate swap
      agreement that may be entered into by the Supplemental Interest Trust Trustee)
      owed to the Swap Provider pursuant to the Swap Agreement for such Distribution
      Date and for prior Distribution Dates, if any. For federal income tax purposes,
      such amounts paid to the Supplemental Interest Trust on each Distribution Date
      shall first be deemed paid to the Supplemental Interest Trust in respect of
      REMIC VI Regular Interest IO to the extent of the amount distributable on such
      REMIC VI Regular Interest IO on such Distribution Date, and any remaining amount
      shall be deemed paid to the Supplemental Interest Trust in respect of a Class
      IO
      Distribution Amount. Any Swap Termination Payment triggered by a Swap Provider
      Trigger Event owed to the Swap Provider pursuant to the Swap Agreement will
      be
      subordinated to distributions to the Holders of the Class A Certificates and
      Class M Certificates and shall be paid as set forth under Section 5.04(a)(4).
      In
      addition, the Swap Administrator shall remit to the Swap Provider any Swap
      Optional Termination Payment paid as part of the Mortgage Loan Purchase Price
      and remitted to the Supplemental Interest Trust pursuant to Section
      10.01.

     

    (d)  On
      or
      before each Distribution Date, Net Swap Payments payable by the Swap Provider
      pursuant to the Swap Agreement to the Swap Administrator, on behalf of the
      Supplemental Interest Trust Trustee, will be deposited by the Swap
      Administrator, acting on behalf of the Supplemental Interest Trust Trustee,
      into
      the 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 Swap Account to the Trustee for
      deposit into the Reserve Fund. On each Distribution Date, to the extent
      required, the Trustee shall withdraw such amounts from the Reserve Fund to
      distribute to the Class I-A Certificates and Class 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 M-1, Class M-2, Class M-3, Class M-4, Class M-5,
      Class
      M-6, Class M-7, Class M-8, Class M-9 and Class M-10 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 M-1, Class M-2, Class M-3, Class
      M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10
      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 M Certificates to be
      applied as part of the Extra Principal Distribution Amount payable under Section
      5.04(a)(2) to the extent that the Overcollateralization Amount is reduced below
      the Overcollateralization Target Amount, as a result of Realized Losses and
      to
      the extent not paid by Excess Spread pursuant to Section 5.04(a)(4) for such
      Distribution Date. For the avoidance of doubt, any amounts distributable
      pursuant to this clause (iv) shall be limited to rebuilding
      overcollateralization to the extent overcollateralization has been reduced
      through Realized Losses.

     

    (e)  The
      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 Reserve Fund. The Majority Class CE Certificateholder shall be
      the
      beneficial owner of the Reserve Fund, subject to the power of the Trustee to
      transfer amounts under Section 5.04. Amounts in the Reserve Fund shall, at
      the
      direction of the Majority Class 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 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
      Reserve Fund shall remain uninvested. All amounts earned on amounts on deposit
      in the Reserve Fund shall be taxable to the Majority Class CE Certificateholder.
      Any losses on such investments shall be deposited in the Reserve Fund by the
      Majority Class CE Certificateholder out of its own funds immediately as
      realized. The 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 Swap Account is identified, and other matters relating to the Swap Account
      are addressed, in the Swap Administration Agreement.

     

    (f)  The
      Trustee shall treat the Holders of Certificates (other than the Class P, Class
      CE and Class R Certificates) as having entered into a notional principal
      contract with respect to the Holders of the Class CE Certificates. Pursuant
      to
      each such notional principal contract, all Holders of Certificates (other than
      the Class P, Class CE, Class II-A and Class R Certificates) shall be treated
      as
      having agreed to pay, on each Distribution Date, to the Holder of the Class
      CE
      Certificates an aggregate amount equal to the excess, if any, of (i) the amount
      payable on such Distribution Date on the REMIC III 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 “Class IO
      Distribution Amount”). A Class IO Distribution Amount payable from interest
      collections shall be allocated on a pro
      rata
      basis
      among such Certificates based on the excess of, with respect to each such
      Certificate, (i) the amount of interest otherwise payable to the REMIC III
      Regular Interest relating to such Certificate over (ii) the amount of interest
      payable to such Certificate at a per annum rate equal to the Net Rate Cap,
      and a
      Class IO Distribution Amount payable from principal collections shall be
      allocated to the most subordinate Class of Certificates (other than the Class
      P,
      Class II-A and Class R 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 CE Certificates shall be treated as having
      agreed to pay Basis Risk Shortfall Carry Forward Amounts to the Holders of
      the
      Certificates (other than the Class CE, Class P and Class R Certificates) in
      accordance with the terms of this Agreement. Any payments to the 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 Certificates
      (other than the Class CE, Class P, Class II-A and Class R Certificates) of
      a
      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 III and as having been paid by such Holders to the Swap Administrator
      pursuant to the notional principal contract. Thus, each Certificate (other
      than
      the Class P Certificates and Class R Certificates) shall be treated as
      representing not only ownership of Regular Interests in a REMIC, but also
      ownership of an interest in, and obligations with respect to, a notional
      principal contract.

     

    (g)  Upon
      a
      Swap Early Termination other than in connection with the Optional Termination
      of
      the Trust, the Swap Administrator, pursuant to the Swap Administration
      Agreement, shall use reasonable efforts to appoint a successor swap provider
      to
      enter into a new interest rate swap agreement on terms substantially similar
      to
      the Swap Agreement, with a successor swap provider meeting all applicable
      eligibility requirements. If the Swap Administrator receives a Swap Termination
      Payment from the Swap Provider in connection with such Swap Early Termination,
      the Swap Administrator will apply such Swap Termination Payment to any upfront
      payment required to appoint the successor swap provider. If the Swap
      Administrator is required to pay a Swap Termination Payment to the Swap Provider
      in connection with such Swap Early Termination, the Swap Administrator will
      apply any upfront payment received from the successor swap provider to pay
      such
      Swap Termination Payment. If the Swap Administrator is unable to appoint a
      successor swap provider within 30 days of the Swap Early Termination, then
      the
      Swap Administrator will deposit any Swap Termination Payment received from
      the
      original Swap Provider into a separate, non-interest bearing reserve account
      and
      will, on each subsequent distribution date, withdraw from the amount then
      remaining on deposit in such reserve account an amount equal to the Net Swap
      Payment, if any, that would have been paid to the Swap Administrator by the
      original Swap Provider calculated in accordance with the terms of the original
      Swap Agreement, and distribute such amount to the Holders of the Class I-A
      Certificates and Class M Certificates or for such other purpose specified in
      the
      Swap Administration Agreement in accordance with the terms thereof.

     

    (h)  In
      the
      event that the Swap Provider fails to perform any of its obligations under
      the
      Swap Agreement (including, without limitation, its obligation to make any
      payment or transfer collateral), or breaches any of its representations and
      warranties thereunder, or in the event that an Event of Default, Termination
      Event, or Additional Termination Event (each as defined in the Swap Agreement)
      occurs with respect to the Swap Agreement, the Supplemental Interest Trust
      Trustee shall, provided the Supplemental Interest Trust Trustee has actual
      knowledge of such failure, breach or occurrence by the Swap Provider,
      immediately, but no later than the next Business Day following such failure,
      breach, or occurrence, notify the Depositor and send any notices and make any
      demands, on behalf of the Supplemental Interest Trust, in accordance with the
      Swap Agreement. 

     

    (i)  In
      the
      event that the Swap Provider’s obligations are guaranteed by a third party under
      a guaranty relating to the Swap Agreement (such guaranty the “Guaranty” and such
      third party the “Guarantor”), then to the extent that the Swap Provider fails to
      make any payment by the close of business on the day it is required to make
      payment under the terms of the Swap Agreement, the Supplemental Interest Trust
      Trustee shall, as soon as practicable, but no later than two (2) Business Days
      after the Swap Provider’s failure to pay, demand that the Guarantor make any and
      all payments then required to be made by the Guarantor pursuant to such
      Guaranty. The Swap Provider or the Depositor shall promptly provide the
      Supplemental Interest Trust Trustee with a copy of such Guaranty; provided
      that,
      the Supplemental Interest Trust Trustee shall in no event be liable for any
      failure or delay in the performance by the Swap Provider or any Guarantor of
      its
      obligations hereunder or pursuant to the Swap Agreement and the Guaranty, nor
      for any special, indirect or consequential loss or damage of any kind whatsoever
      (including but not limited to lost profits) in connection
      therewith.

     

    (j)  The
      Supplemental Interest Trust Trustee shall cause any replacement swap provider
      to
      provide a copy of the related replacement interest rate swap agreement to the
      Depositor.

     

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

     

    In
      the
      event that any Class I-A Certificate or Class M Certificate is resecuritized
      in
      a REMIC (the “Resecuritization REMIC”), for federal income tax purposes, (i)
      payments on the REMIC III Regular Interest corresponding to such Class
I-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 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 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.

     

    Section
      3.23  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 3.23, 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 Master 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 3.23(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 3.23. 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 3.23 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 3.23, 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 or REMIC VI, 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 Class P Certificates, by remitting such amount
      to
      the Trustee by the Distribution Account Deposit Date.

     

    (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 2007-FS1”. 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)  all
      payments on account of principal, including Principal Prepayments, on the
      Mortgage Loans;

     

    (ii)  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)  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)  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)  any
      amounts required to be deposited by the Master Servicer pursuant to Section
      3.05;

     

    (vi)  any
      Prepayment Charges collected on the Mortgage Loans; and

     

    (vii)  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 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,
      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 funds deposited in the Protected Account shall
      be held in trust for the 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 Distribution Account Deposit
      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
      Mortgage Loan 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 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
      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. If the Master Servicer fails to remit any funds due by the
      time designated herein, the Master Servicer shall pay to the Trustee, out of
      its
      own funds, interest accrued at the prime rate as set forth in the Wall Street
      Journal, from and including the applicable due date, to but excluding the day
      such funds are paid to the Trustee.

     

    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
      itself the Trustee Fee;

     

    (ii)  to
      reimburse the Trustee, the Supplemental Interest Trust Trustee 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)  to
      make
      distributions to the Swap Administrator for payment to the 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 and Principal
      Funds in the Distribution Account to the Holders of the Certificates in
      accordance with Section 5.04.

     

    Section
      4.06  Class
      P Certificate Account. 

     

    (a)  The
      Trustee shall establish and maintain in the name of the Trustee, for the benefit
      of the Class P Certificateholders, the Class 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
      P Certificate Account, an amount equal to $100. All amounts deposited to the
      Class P Certificate Account shall be held by the Trustee in the name of the
      Trustee in trust for the benefit of the Class P Certificateholders in accordance
      with the terms and provisions of this Agreement. The amount on deposit in the
      Class 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. Each such Advance shall be
      remitted to the Distribution Account 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 Certificateholders the portion of such Advance that is not deemed
      Nonrecoverable, 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.

     

    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 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 to the
      Distribution Account. Any funds so applied and transferred shall be replaced
      by
      the Master Servicer by deposit in the Distribution Account, 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.

    

      Unless
        otherwise described in this Agreement, the Master Servicer shall discontinue
        making Advances with respect to any second lien Mortgage Loan that becomes
        60
        days Delinquent. Notwithstanding anything in this Section 5.01 to the contrary,
        the Master Servicer shall not be obligated to deliver an Officer’s Certificate
        in connection with any such discontinuation of advancing pursuant to the
        preceding sentence, as long as no determination shall have been made as to
        whether such Advances are Nonrecoverable Advances. If the Master Servicer
        determines that a net recovery is possible through foreclosure proceedings
        or
        other disposition of the second lien Mortgage Loan that becomes 60 days
        Delinquent, the Master Servicer may continue making advances on such second
        lien
        Mortgage Loan.

       

    

    The
      Master Servicer shall be entitled to be reimbursed from the Protected Account
      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. For the avoidance of doubt, if the Master Servicer discontinues
      making any Advances pursuant to the third paragraph of this Section 5.01, the
      Trustee shall not be obligated to make such Advances.

     

    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, 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
      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 and REMIC III 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 each Loan Group 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 shall be distributed in the following manner and order of
      priority:

     

    (A)  From
      Interest Funds in respect of:

     

    
      	(i)  	
              Loan
                Group I, to the Class I-A-1, Class I-A-2, Class I-A-3 and Class I-A-4
                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)  	
              Loan
                Group II, to the Class II-A Certificates, the Current Interest and
                any
                Interest Carry Forward Amount for such Class;

            

    

     

    (B)  From
      Interest Funds in respect of:

     

    (i) Loan
      Group I, to the Class II-A Certificates, the remaining Current Interest, if
      any,
      and the remaining Interest Carry Forward Amount, if any, for such Class;
      and

     

    (ii) Loan
      Group II, to the Class I-A Certificates, 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; and 

     

    (C)  From
      remaining Interest Funds in respect of both Loan Groups, sequentially to the
      Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7,
      Class M-8, Class M-9 and Class M-10 Certificates, in that order, the Current
      Interest for each such Class.

     

    Any
      Excess Spread to the extent necessary to meet a level of overcollateralization
      equal to the Overcollateralization Target Amount shall be the Extra Principal
      Distribution Amount and shall be included as part of the Principal Distribution
      Amount. Any Remaining Excess Spread together with any Overcollateralization
      Release Amount shall be applied as Excess Cashflow and distributed pursuant
      to
      clauses (4)(A) through (H) below.

     

    On
      any
      Distribution Date, any Relief Act Interest Shortfalls and any Prepayment
      Interest Shortfalls to the extent not covered by Compensating Interest will
      be
      allocated to the Certificates as set forth in the definition of “Current
      Interest” herein and Section 1.02.

     

    (2)  On
      each
      Distribution Date, the Principal Distribution Amount shall be distributed in
      the
      following manner and order of priority:

     

    (A)  For
      each
      Distribution Date (i) prior to the Stepdown Date or (ii) on which a Trigger
      Event is in effect:

     

    
      	(i)  	
              To
                the Class A Certificates, the Principal Distribution Amount for such
                Distribution Date to be distributed as
                follows:

            

    

     

    (1)  From
      the
      Group I Principal Distribution Amount for such Distribution Date, sequentially,
      to the Class I-A-1, Class I-A-2, Class I-A-3 and Class I-A-4 Certificates,
      in
      that order, in each case until the Certificate Principal Balance thereof is
      reduced to zero; and

     

    (2)  From
      the
      Group II Principal Distribution Amount for such Distribution Date, to the Class
      II-A Certificates, until the Certificate Principal Balance thereof is reduced
      to
      zero; and

     

    
      	(ii)  	
              To
                the Class M-1 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to
                zero;

            

    

     

    
      	(iii)  	
              To
                the Class M-2 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to
                zero;

            

    

     

    
      	(iv)  	
              To
                the Class M-3 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to
                zero;

            

    

     

    
      	(v)  	
              To
                the Class M-4 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to
                zero;

            

    

     

    
      	(vi)  	
              To
                the Class M-5 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to
                zero;

            

    

     

    
      	(vii)  	
              To
                the Class M-6 Certificates, from any remaining Principal
                Distribution Amount in
                respect of both Loan Groups for such Distribution Date, until the
                Certificate Principal Balance thereof is reduced to zero;
                

            

    

     

    
      	(viii)  	
              To
                the Class M-7 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to zero;
                

            

    

     

    
      	(ix)  	
              To
                the Class M-8 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to
                zero;

            

    

     

    
      	(x)  	
              To
                the Class M-9 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to zero;
                and

            

    

     

    
      	(xi)  	
              To
                the Class M-10 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to
                zero.

            

    

     

    (B)  For
      each
      Distribution Date on or after the Stepdown Date, so long as a Trigger Event
      is
      not in effect:

     

    
      	(i)  	
              To
                the Class A Certificates, the Principal Distribution Amount for such
                Distribution Date to be distributed as
                follows:

            

    

     

    (1)  From
      the
      Group I Principal Distribution Amount for such Distribution Date, sequentially,
      to the Class I-A-1, Class I-A-2, Class I-A-3 and Class I-A-4 Certificates,
      in
      that order, the Class I-A Principal Distribution Amount for such Distribution
      Date, in each case until the Certificate Principal Balance thereof is reduced
      to
      zero; and

     

    (2)  From
      the
      Group II Principal Distribution Amount for such Distribution Date, to the Class
      II-A Certificates, the Class II-A Principal Distribution Amount for such
      Distribution Date, until the Certificate Principal Balance thereof is reduced
      to
      zero; 

     

    
      	(ii)  	
              To
                the Class M-1 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                the
                Class M-1 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

    

     

    
      	(iii)  	
              To
                the Class M-2 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                the
                Class M-2 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

    

     

    
      	(iv)  	
              To
                the Class M-3 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                the
                Class M-3 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

    

     

    
      	(v)  	
              To
                the Class M-4 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                the
                Class M-4 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

    

     

    
      	(vi)  	
              To
                the Class M-5 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                the
                Class M-5 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

    

     

    
      	(vii)  	
              To
                the Class M-6 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                the
                Class M-6 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

    

     

    
      	(viii)  	
              To
                the Class M-7 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                the
                Class M-7 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

    

     

    
      	(ix)  	
              To
                the Class M-8 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                the
                Class M-8 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

    

     

    
      	(x)  	
              To
                the Class M-9 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                the
                Class M-9 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;
                and

            

    

     

    
      	(xi)  	
              To
                the Class M-10 Certificates, from any remaining Principal Distribution
                Amount in respect of both Loan Groups for such Distribution Date,
                the
                Class M-10 Principal Distribution Amount, 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 A Certificates related to a Loan Group are no longer outstanding, the
      pro
      rata
      portion
      of the Principal Distribution Amount or the applicable Class A Principal
      Distribution Amount, as applicable, otherwise allocable to such Class A
      Certificates will be allocated to the remaining group of Class A Certificates
      on
      a pro
      rata
      basis in
      the same manner and order of priority described above; and

     

    (4)  Any
      Excess Cashflow shall be distributed in the following manner and order of
      priority:

     

    (A)  To
      the
      Class A Certificates, (a) first, any remaining Interest Carry Forward Amount
      for
      such Classes, on a pro
      rata
      basis,
      in accordance with the Interest Carry Forward Amount due with respect to each
      such Class,
      to the
      extent not fully paid pursuant to clause (1) (A) above
      and,
      with respect to the Class I-A Certificates, to the extent not fully paid
      pursuant to 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, sequentially, to the Class M-1, Class M-2, Class
      M-3,
      Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class
      M-10
      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 otherwise distributable to the Class CE Interest
        and
        the Class CE Certificates, to the Reserve Fund, (i) first, to pay to the
        Classes
        of Class 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, with respect to the Class I-A Certificates, 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 Reserve Fund (in the case of the Class II-A
        Certificates, not taking into consideration any such amounts on deposit in
        the
        Reserve Fund that are  attributable to payments received from the Swap
        Administrator), and (ii) second, to maintain a balance in the Reserve Fund
        equal
        to the Reserve Fund Deposit;

       

    

    (D)  From
      any
      remaining Excess Cashflow otherwise distributable to the Class CE Interest
      and
      the Class CE Certificates, to the Reserve Fund, (i) first, to pay to the Class
      M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class
      M-8, Class M-9 and Class M-10 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 Reserve Fund, and (ii) second, to maintain a balance in the
      Reserve Fund equal to the Reserve Fund Deposit;

     

    (E)  From
      any
      remaining Excess Cashflow, to the Class A Certificates, on a pro
      rata
      basis,
      based on the entitlement of each such Class, and then sequentially to the Class
      M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class
      M-8, Class M-9 and Class M-10 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, to the Swap Administrator for payment to the Swap
      Provider, any Swap Termination Payments due to a Swap Provider Trigger Event
      owed by the Trust Fund (other than to the extent already paid by the Swap
      Administrator from any upfront payment received pursuant to any replacement
      interest rate swap agreement that may be entered into by the Supplemental
      Interest Trust Trustee);

     

    (G)  From
      any
      remaining Excess Cashflow, to the Class CE Interest and Class CE Certificates,
      an amount equal to the Class CE Distribution Amount reduced by amounts
      distributed in clauses (C) and (D) above; and

     

    (H)  From
      any
      remaining Excess Cashflow, to each of the Class R-1, Class R-2, Class R-3 and
      Class RX Certificates, based on the related REMIC in which such amounts
      remain.

     

    On
      each
      Distribution Date, all amounts with respect to Prepayment Charges shall be
      distributed to the Holders of the Class P Interest and the Class 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 as identified on the Mortgage Loan
      Schedule, any amount on deposit in the Class P Certificate Account will be
      distributed to the Holders of the Class P Interest and the Class 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
      A Certificates or Class 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 Class
      IO
      Distribution Amount is payable from principal collections, Principal
      Distribution Amounts will be deemed paid to the most subordinate Class of
      Regular Certificates (other than the Class 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)  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.

     

    (c)  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.

     

    (d)  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 Mortgage Loans allocated to any REMIC II Regular Interest
      pursuant to Section 5.05(c) shall be allocated by the Trustee on each
      Distribution Date as follows: first, to Excess Spread through an increased
      distribution of the Extra Principal Distribution Amount for such Distribution
      Date; second, to the Class CE Interest and Class CE Certificates, until the
      Certificate Principal Balance or Uncertificated Principal Balance thereof,
      as
      applicable, has been reduced to zero; third, to the Class M-10 Certificates,
      until the Certificate Principal Balance thereof has been reduced to zero;
      fourth, to the Class M-9 Certificates, until the Certificate Principal Balance
      thereof has been reduced to zero; fifth, to the Class M-8 Certificates, until
      the Certificate Principal Balance thereof has been reduced to zero; sixth,
      to
      the Class M-7 Certificates, until the Certificate Principal Balance thereof
      has
      been reduced to zero; seventh, to the Class M-6 Certificates, until the
      Certificate Principal Balance thereof has been reduced to zero; eighth, to
      the
      Class M-5 Certificates, until the Certificate Principal Balance thereof has
      been
      reduced to zero; ninth, to the Class M-4 Certificates, until the Certificate
      Principal Balance thereof has been reduced to zero; tenth, to the Class M-3
      Certificates, until the Certificate Principal Balance thereof has been reduced
      to zero; eleventh, to the Class M-2 Certificates, until the Certificate
      Principal Balance thereof has been reduced to zero; twelfth, to the Class M-1
      Certificates, until the Certificate Principal Balance thereof has been reduced
      to zero; thirteenth, to the related Class or Classes of Class A Certificates,
      on
      a pro
      rata
      basis,
      until the Certificate Principal Balances thereof have been reduced to zero;
      and
      fourteenth, to the unrelated Class or Classes of Class 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 the 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 Class CE Interest and
      the Class CE Certificates pursuant to clause (G) of Section 5.04(a)(4). No
      allocations of any Realized Losses shall be made to the Certificate Principal
      Balance or Uncertificated Principal Balance, as applicable, of the Class P
      Interest 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 Certificates as of such Distribution Date (other than the
      Class CE Certificates and 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 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 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 Group I Regular Interests with the same
      numerical denomination, such Realized Losses shall be allocated on a
pro
      rata
      basis
      between such REMIC I Regular Interests. All Realized Losses on the Group II
      Loans shall be allocated on each Distribution Date, first, to REMIC I Regular
      Interest II-1-A through REMIC I Regular Interest II-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 Group II Regular Interests with the same numerical denomination, such Realized
      Losses shall be allocated on a pro
      rata
      basis
      between such REMIC I Regular Interests, and second, to REMIC I Regular Interest
      II-A Non-Swap, until the Uncertificated Principal Balance of such REMIC I
      Regular Interest has been reduced to zero. 

     

    (ii)  The
      REMIC
      II Marker Percentage of all Realized Losses on the Mortgage Loans shall be
      allocated by the Trustee on each Distribution Date to the following REMIC II
      Regular Interests in the following specified percentages: first, to
      Uncertificated Accrued Interest payable to the REMIC II Regular Interest AA
      and
      REMIC II Regular Interest ZZ up to an aggregate amount equal to the REMIC 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 the REMIC II Regular Interest AA and REMIC
      II Regular Interest ZZ up to an aggregate amount equal to the REMIC II Principal
      Loss Allocation Amount, 98.00% and 2.00%, respectively; third, to the
      Uncertificated Principal Balances of REMIC II Regular Interest AA, REMIC II
      Regular Interest M-10 and REMIC II Regular Interest ZZ, 98.00%, 1.00% and 1.00%,
      respectively, until the Uncertificated Principal Balance of REMIC II Regular
      Interest M-10 has been reduced to zero; fourth, to the Uncertificated Principal
      Balances of REMIC II Regular Interest AA, REMIC II Regular Interest M-9 and
      REMIC II Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until
      the
      Uncertificated Principal Balance of REMIC II Regular Interest M-9 has been
      reduced to zero; fifth, to the Uncertificated Principal Balances of REMIC II
      Regular Interest AA, REMIC II Regular Interest M-8 and REMIC II Regular Interest
      ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal
      Balance of REMIC II Regular Interest M-8 has been reduced to zero; sixth, to
      the
      Uncertificated Principal Balances of REMIC II Regular Interest AA, REMIC II
      Regular Interest M-7 and REMIC II Regular Interest ZZ, 98.00%, 1.00% and 1.00%,
      respectively, until the Uncertificated Principal Balance of REMIC II Regular
      Interest M-7 has been reduced to zero; seventh, to the Uncertificated Principal
      Balances of REMIC II Regular Interest AA, REMIC II Regular Interest M-6 and
      REMIC II Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until
      the
      Uncertificated Principal Balance of REMIC II Regular Interest M-6 has been
      reduced to zero; eighth, to the Uncertificated Principal Balances of REMIC
      II
      Regular Interest AA, REMIC II Regular Interest M-5 and REMIC II Regular Interest
      ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal
      Balance of REMIC II Regular Interest M-5 has been reduced to zero; ninth, to
      the
      Uncertificated Principal Balances of REMIC II Regular Interest AA, REMIC II
      Regular Interest M-4 and REMIC II Regular Interest ZZ, 98.00%, 1.00% and 1.00%,
      respectively, until the Uncertificated Principal Balance of REMIC II Regular
      Interest M-4 has been reduced to zero; tenth, to the Uncertificated Principal
      Balances of REMIC II Regular Interest AA, REMIC II Regular Interest M-3 and
      REMIC II Regular Interest ZZ, 98.00%, 1.00% and 1.00%, respectively, until
      the
      Uncertificated Principal Balance of REMIC II Regular Interest M-3 has been
      reduced to zero; eleventh, to the Uncertificated Principal Balances of REMIC
      II
      Regular Interest AA, REMIC II Regular Interest M-2 and REMIC II Regular Interest
      ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal
      Balance of REMIC II Regular Interest M-2 has been reduced to zero; twelfth,
      to
      the Uncertificated Principal Balances of REMIC II Regular Interest AA, REMIC
      II
      Regular Interest M-1 and REMIC II Regular Interest ZZ, 98.00%, 1.00% and 1.00%,
      respectively, until the Uncertificated Principal Balance of REMIC II Regular
      Interest M-1 has been reduced to zero; thirteenth, to the Uncertificated
      Principal Balance of REMIC II Regular Interest AA, 98.00%, to the Uncertificated
      Principal Balances of the related REMIC II Regular Interests I-A-1, I-A-2,
      I-A-3, I-A-4 and II-A, 1.00% pro
      rata,
      and to
      the Uncertificated Principal Balance of REMIC II Regular Interest ZZ, 1.00%,
      until the Uncertificated Principal Balances of such REMIC II Regular Interests
      I-A-1, I-A-2, I-A-3, I-A-4 and II-A have been reduced to zero; and fourteenth,
      to the Uncertificated Principal Balance of REMIC II Regular Interest AA, 98.00%,
      to the Uncertificated Principal Balances of the unrelated REMIC II Regular
      Interests I-A-1, I-A-2, I-A-3, I-A-4 and II-A, 1.00% pro
      rata,
      and to
      the Uncertificated Principal Balance of REMIC II Regular Interest ZZ, 1.00%,
      until the Uncertificated Principal Balances of such REMIC II Regular Interests
      I-A-1, I-A-2, I-A-3, I-A-4 and II-A have been reduced to zero.

     

    (iii)  The
      REMIC
      II Sub WAC Allocation Percentage of all Realized Losses on the 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 REMIC II Regular Interest 1-Grp equal to
      0.01% of the aggregate Stated Principal Balance of the Mortgage Loans in Loan
      Group I, the Uncertificated Principal Balance of REMIC II Regular Interest
      2-Grp
      Swap equal to 0.01% of the Group II Subordinate Component Percentage of the
      aggregate Stated Principal Balance of the Mortgage Loans in Loan Group II and
      the Uncertificated Principal Balance of REMIC II Regular Interest 2-Grp Non-Swap
      equal to 0.01% of the Group II Non-Subordinate Component Percentage of the
      aggregate Stated Principal Balance of the Mortgage Loans in Loan Group II;
      second, to each REMIC II Regular Interest ending with the designation “Sub”, so
      that the Uncertificated Principal Balance of each such REMIC II Regular Interest
      is equal to 0.01% of the excess of (x) the aggregate Stated Principal Balance
      of
      the Mortgage Loans in the related Loan Group over (y) the current aggregate
      Certificate Principal Balance of the Class A Certificates related to such Loan
      Group (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 II Regular Interests such that the REMIC II Subordinated Balance
      Ratio is maintained); and third, to REMIC II Regular Interest 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 Provider 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)  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)  the
      amount of any Net Swap Payment payable to the Trust, any Net Swap Payment
      payable to the Swap Provider, any Swap Termination Payment payable to the Trust
      and any Swap Termination Payment payable to the Swap Provider;

     

    (v)  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)  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 Swap Agreement and the amount of coverage remaining under either
      credit enhancement;

     

    (vii)  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)  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 and (ii) the allocation of any Applied
      Realized Loss Amounts 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)  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)  the
      amount, if any, of excess cashflow or excess spread and the application of
      such
      excess cashflow;

     

    (xiv)  the
      cumulative Realized Losses through the end of the preceding month;

     

    (xv)  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 prior calendar month;

     

    (xvii)  the
      total
      number and principal balance of any real estate owned or REO Properties as
      of
      the end of the related calendar month; 

     

    (xviii)  with
      respect to each loan group, material breaches of pool asset representation
      or
      warranties or transaction covenants;

     

    (xix)  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 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
      Trigger Event exists; 

     

    (xxi)  the
      amount of the distribution made on such Distribution Date to the Holders of
      the
      Class P Certificates allocable to Prepayment Charges; 

     

    (xxii)  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 Reserve Fund;

     

    (xxiv)  updated
      pool composition data including the following: weighted average mortgage rate
      and weighted average remaining term; 

     

    (xxv)  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)  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)
      992-4855. 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
      and REMIC VI 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 Mortgage Loans and
      all
      interest owing in respect of and principal due thereon, the Distribution
      Account, the Protected Account, any REO Property, any proceeds of the foregoing
      and any other assets subject to this Agreement (other than the Reserve Fund,
      any
      Prepayment Charge Waiver Amounts and, for the avoidance of doubt, the
      Supplemental Interest Trust, the Swap Agreement, the Swap Account, the Swap
      Collateral Account and any rights or obligations in respect of the Swap
      Administration Agreement). The REMIC I Regular Interests shall constitute the
      assets of REMIC II. The REMIC II Regular Interests shall constitute the assets
      of REMIC III. The Class CE Interest shall constitute the assets of REMIC IV.
      The
      Class P Interest shall constitute the assets of REMIC V. The Class IO Interest
      shall constitute the assets of REMIC VI.

     

    (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 II on
      account of the 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 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
      the
      holders of each of the REMIC I Regular Interests I-1-A through I-60-B, on a
      pro
      rata
      basis,
      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 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 made pursuant to clause (i) above,
      to
      the holders of the 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 Group I Regular Interests with the same numerical denomination, such payments
      of principal shall be allocated on a pro
      rata
      basis
      between such REMIC I Regular Interests; and

     

    (iii)  
      any
      remaining amount to the Holders of the Class R-1 Certificates.

     

    (2)  On
      each
      Distribution Date, the following amounts with respect to Loan Group II, in
      the
      following order of priority, shall be distributed by REMIC I to REMIC II on
      account of the REMIC I Regular Interests II-1-A through II-60-B and REMIC I
      Regular Interest II-A Non-Swap or withdrawn from the Distribution Account and
      distributed to the Holders of the Class R-1 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 each of the REMIC I Regular Interests II-1-A through II-60-B and
      REMIC I Regular Interest II-A Non-Swap, 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 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 made pursuant to clause (i) above,
      first, the holders of REMIC I Regular Interest II-A Non-Swap, until the
      Uncertificated Principal Balance of such REMIC I Regular Interest is reduced
      to
      zero, and second, to the holders of the REMIC I Regular Interests II-1-A through
      II-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 Group II 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 R-1 Certificates.

     

    (3) On
      each
      Distribution Date, amounts representing Prepayment Charges on the Mortgage
      loans
      shall be deemed distributed to the holders of 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 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.
      

     

    (c)  (1)On
      each
      Distribution Date, the following amounts, in the following order of priority,
      shall be distributed by REMIC II to REMIC III on account of the REMIC II Regular
      Interests
      (other
      than REMIC II Regular Interest P) or withdrawn from the Distribution Account
      and
      distributed to the Holders of the Class R-2 Certificates, as the case may
      be:

     

    (i)  from
      the
      Interest Funds and Principal Funds for both Loan Groups, in each case,
      determined without regard to the related clause (2)(ii) of the definitions
      thereof, to the holders of REMIC II Regular Interest IO, in an amount equal
      to
      (A) the Uncertificated Accrued Interest for such REMIC II 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 II Marker Allocation Percentage of the Interest Funds and
      Principal Funds for both Loan Groups, 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 II Regular
      Interest (other than REMIC II Regular Interests IO, 1-Sub, 1-Grp, 2-Sub, 2-Grp
      Swap, 2-Grp Non-Swap, XX and P), pro
      rata,
      in an
      amount equal to (A) the Uncertificated Accrued Interest for such REMIC 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 II Regular Interest ZZ
      shall
      be reduced when the REMIC II Overcollateralization Amount is less than the
      REMIC
      II Required Overcollateralization Amount, by the lesser of (x) the amount of
      such difference and (y) the Maximum Uncertificated Accrued Interest Deferral
      Amount, and such amount will be payable to the holders of each REMIC II Regular
      Interest for which a Class A Certificate or Class M Certificate is the
      Corresponding Certificate in the same proportion as the Extra Principal
      Distribution Amount is allocated to the Corresponding Certificates for each
      such
      REMIC II Regular Interest, and the Uncertificated Principal Balance of REMIC
      II
      Regular Interest ZZ shall be increased by such amount;

     

    (iii)  to
      the
      extent of the REMIC II Sub WAC Allocation Percentage of the Interest Funds
      and
      Principal Funds for both Loan Groups, 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 II Regular Interest
      1-Sub, REMIC II Regular Interest 1-Grp, REMIC II Regular Interest 2-Sub, REMIC
      II Regular Interest 2-Grp Swap, REMIC II Regular Interest 2-Grp Non-Swap and
      REMIC II Regular Interest 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 II Regular Interests (other than REMIC II Regular Interests
      IO,
      1-Sub, 1-Grp, 2-Sub, 2-Grp Swap, 2-Grp Non-Swap, XX and P) in an amount equal
      to
      the REMIC II Marker Allocation Percentage of the remainder of the Interest
      Funds
      and Principal Funds for both Loan Groups, 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 II Regular Interest AA, until the
      Uncertificated Principal Balance of such REMIC II Regular Interest is reduced
      to
      zero;

     

    (B)  2%
      of
      such remainder, first, to the holders of each REMIC II Regular Interest for
      which a Class A Certificate or Class 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 II Regular Interest, until the Uncertificated Principal Balances of such
      REMIC II Regular Interests are reduced to zero; and second, to the holders
      of
      REMIC II Regular Interest ZZ, until the Uncertificated Principal Balance of
      such
      REMIC II Regular Interest is reduced to zero; and

     

    (C)  any
      remaining amount to the Holders of the Class R-2 Certificates;

     

    (v)  to
      the
      holders of REMIC II Regular Interest 1-Sub, REMIC II Regular Interest 1-Grp,
      REMIC II Regular Interest 2-Sub, REMIC II Regular Interest 2-Grp Swap, REMIC
      II
      Regular Interest 2-Grp Non-Swap and REMIC II Regular Interest XX, in an amount
      equal to the REMIC II Sub WAC Allocation Percentage of the remainder of the
      Interest Funds and Principal Funds for both Loan Groups, 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 REMIC II
      Regular Interest 1-Grp equal to 0.01% of the aggregate Stated Principal Balance
      of the Mortgage Loans in Loan Group I, the Uncertificated Principal Balance
      of
      REMIC II Regular Interest 2-Grp Swap equal to 0.01% of the Group II Subordinate
      Component Percentage of the aggregate Stated Principal Balance of the Mortgage
      Loans in Loan Group II and the Uncertificated Principal Balance of REMIC II
      Regular Interest 2-Grp Non-Swap equal to 0.01% of the Group II Non-Subordinate
      Component Percentage of the aggregate Stated Principal Balance of the Mortgage
      Loans in Loan Group II; second, to each REMIC II Regular Interest ending with
      the designation “Sub”, so that the Uncertificated Principal Balance of each such
      REMIC II Regular Interest is equal to 0.01% of the excess of (x) the aggregate
      Stated Principal Balance of the Mortgage Loans in the related Loan Group over
      (y) the current aggregate Certificate Principal Balance of the Class A
      Certificates related to such Loan Group (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 II Regular Interests such that
      the
      REMIC II Subordinated Balance Ratio is maintained); third, to REMIC II Regular
      Interest XX, until the Uncertificated Principal Balance of such REMIC II Regular
      Interest is reduced to zero; and fourth, any remaining amount to the Holders
      of
      the Class 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 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 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 II Regular Interest P in reduction of the Uncertificated
      Principal Balance thereof. 

     

    (d)  On
      each
      Distribution Date, interest shall be deemed payable from REMIC III to the
      holders of each REMIC III Regular Interest the ownership of which is represented
      by the Class I-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 III 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 III
      Regular Interests the ownership of which is represented by the Class I-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)(4)(C), (D) and (G) on such date shall be deemed distributed
      from REMIC III to REMIC IV in respect of the Class CE Distribution Amount
      distributable to the Class CE Interest.

     

    (f)  On
      each
      Distribution Date, 100% of the amounts deemed distributed on REMIC II Regular
      Interest P shall be deemed distributed by REMIC III to REMIC V in respect of
      the
      Class P Interest.

     

    (g)  On
      each
      Distribution Date, 100% of the amounts deemed distributed on REMIC II Regular
      Interest IO shall be deemed distributed by REMIC III to REMIC VI in respect
      of
      the Class IO Interest. Such amounts shall be deemed distributed by REMIC VI
      in
      respect of REMIC VI Regular Interest IO for deposit into the 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

            	 	
              $

            	
              111,917,000.00

            	 
	
              I-A-2

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              44,830,000.00

            	 
	
              I-A-3

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              33,919,000.00

            	 
	
              I-A-4

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              27,232,000.00

            	 
	
              II-A

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              70,635,000.00

            	 
	
              M-1

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              14,861,000.00

            	 
	
              M-2

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              14,282,000.00

            	 
	
              M-3

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              8,685,000.00

            	 
	
              M-4

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              7,333,000.00

            	 
	
              M-5

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              6,948,000.00

            	 
	
              M-6

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              6,755,000.00

            	 
	
              M-7

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              6,562,000.00

            	 
	
              M-8

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              5,983,000.00

            	 
	
              M-9

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              4,825,000.00

            	 
	
              M-10

            	 	
              $

            	
              100,000

            	 	
              $

            	
              1.00

            	 	
              $

            	
              4,246,000.00

            	 
	
              CE

            	 	 	
              10

            	
              %

            	 	
              1

            	
              %

            	
              $

            	
              385,997,874.77(1

            	
              )

            
	
              P

            	 	 	
              100

            	
              %

            	 	
              N/A

            	 	
              $

            	
              100.00

            	 
	
              R-1

            	 	 	
              100

            	
              %

            	 	
              N/A

            	 	 	
              N/A

            	 
	
              R-2

            	 	 	
              100

            	
              %

            	 	
              N/A

            	 	 	
              N/A

            	 
	
              R-3

            	 	 	
              100

            	
              %

            	 	
              N/A

            	 	 	
              N/A

            	 
	
              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 a reasonable period of time 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 Mortgage
      Loan Sellers, the Master Servicer or the Trustee; provided,
      however,
      that
      such
      representation letters will not be required in connection with any transfer
      of
      any such Certificate by the Depositor to an affiliate of the Depositor and
      the
      Trustee and the Trustee shall be entitled to conclusively rely upon a
      representation (which, upon the request of the Trustee, shall be a written
      representation) from the Depositor of the status of such transferee as an
      affiliate of the Depositor. 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 Mortgage Loan 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 proposed
      transferee of such Class CE Certificate (1) provides to the Trustee the
      appropriate tax certification form that would eliminate any withholding or
      deduction for taxes from amounts payable by the Swap Provider, pursuant to
      the
      Swap Agreement, to the Swap Administrator on behalf of the Supplemental Interest
      Trust (i.e., IRS Form W-9 or IRS Form W-8BEN, W-8IMY, W-8EXP or W-8ECI, as
      applicable (or any successor form thereto), together with any applicable
      attachments) and (2) agrees to update such form (a) upon expiration of any
      such
      form, (b) as required under then applicable U.S. Treasury regulations and (c)
      promptly upon learning that such form has become obsolete or incorrect, each
      as
      a condition to such transfer. In addition, no transfer of any Class CE
      Certificate shall be made if such transfer would cause the Supplemental Interest
      Trust to be beneficially owned by two or more persons for federal income tax
      purposes, or continue to be so treated, unless (i) each proposed transferee
      of
      such Class CE Certificate complies with the foregoing conditions, and (ii)
      the
      proposed majority holder of the Class CE Certificates (or each holder, if there
      is or would be no majority holder) (A) provides, or causes to be provided,
      on
      behalf of the Supplemental Interest Trust, if applicable, to the Trustee, the
      appropriate tax certification form that would be required from the Supplemental
      Interest Trust to eliminate any withholding or deduction for taxes from amounts
      payable by the Swap Provider, pursuant to the Swap Agreement, to the Swap
      Administrator on behalf of the Supplemental Interest Trust (i.e., IRS Form
      W-9
      or IRS Form W-8BEN, W-8IMY, W-8EXP or W-8ECI, as applicable (or any successor
      form thereto), together with any applicable attachments) and (B) agrees to
      update such form (x) upon expiration of any such form, (y) as required under
      then applicable U.S. Treasury regulations and (z) promptly upon learning that
      such form has become obsolete or incorrect. If, under applicable U.S. Treasury
      regulations, such tax certification form may only be signed by a trustee acting
      on behalf of the Supplemental Interest Trust, then the Supplemental Interest
      Trust Trustee shall sign such certification form if so requested by a holder
      of
      the Class CE Certificates. Upon receipt of any tax certification form pursuant
      to the conditions set forth in this paragraph from a holder of any Class CE
      Certificate, the Trustee shall forward such tax certification form to the
      Supplemental Interest Trust Trustee. The Supplemental Interest Trust Trustee
      shall forward such tax certification form provided to it to the Swap Provider.
      Each holder of a Class CE Certificate and each transferee thereof shall be
      deemed to have consented to the Supplemental Interest Trust Trustee forwarding
      to the Swap Provider any tax certification form it has provided and updated
      in
      accordance with these transfer restrictions.
      Any
      purported sales or transfers of any Class CE Certificate to a transferee which
      does not comply with the requirements of this paragraph shall be deemed null
      and
      void under this Agreement.

    

    Prior
      to
      the termination of the Supplemental Interest Trust, each beneficial owner of
      a
      Class A Certificate or Class M Certificate (other than a Class M-10 Certificate)
      or any interest therein, shall be deemed to have represented by virtue of its
      acquisition or holding of the Offered Certificate, or interest therein that
      either (i) 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 of 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 and the separate right to receive payments from the Supplemental
      Interest Trust 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 Class M Certificate (other than a Class M-10 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 or 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 M-10, Class CE, Class 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 M-10 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 M-10 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 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 and agreement of the initial owner or the
      proposed transferee in the form attached hereto as Exhibit C (a “Transferee
      Affidavit”) and an affidavit of the transferor in the form attached hereto as
      Exhibit S (a “Transferor Affidavit”).

     

    (iii)  Each
      Person holding or acquiring any Ownership Interest in a Residual Certificate
      shall agree (A) to obtain a Transferee Affidavit from any other Person to whom
      such Person attempts to Transfer its Ownership Interest in a Residual
      Certificate, (B) to obtain a Transferee Affidavit from any Person for whom
      such
      Person is acting as nominee, trustee or agent in connection with any Transfer
      of
      a Residual Certificate (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 and (D) to provide to the Trustee and the Depositor
      with a Transferor Affidavit.

     

    (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 Transferee Affidavit and Transferor
      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 Mortgage Loan
      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 or REMIC VI,
      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 Mortgage Loan 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 Class CE Certificates 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 (other than the Class M-10 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; 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 the 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. Notwithstanding anything
      to the contrary contained in this Agreement, the Trustee shall only terminate
      the Master Servicer for an Event of Default as described in clause (vii) above
      upon direction from the Depositor. 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, the 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 the 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 the 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 over 50% 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, the Swap Administrator and the Supplemental Interest Trust Trustee
      are
      hereby directed by the Depositor to execute, deliver and perform its respective
      obligations under the Swap Administration Agreement and to perform the
      obligations of the Trustee, the Swap Administrator and the Supplemental Interest
      Trust Trustee, respectively, thereunder on the Closing Date and thereafter
      on
      behalf of the Holders of the Certificates (and any amendments or supplements
      to
      the Swap Administration Agreement as may be requested by the Majority Class
      CE
      Certificateholder regarding the distributions to be made to it or its designees
      thereunder). The Seller, the Master Servicer, the Depositor and the
      Certificateholders by acceptance of their Certificates acknowledge and agree
      that the Trustee, the Swap Administrator and the Supplemental Interest Trust
      Trustee shall execute, deliver and perform its respective obligations under
      the
      Swap Administration Agreement and shall do so solely in its capacity as Trustee,
      the Swap Administrator and the Supplemental Interest Trust Trustee and not
      in
      its individual capacity. Amounts payable by the Trustee on any Distribution
      Date
      to the Swap Administrator shall be paid by the Trustee as provided herein.
      The
      Trustee, the Swap Administrator and the Supplemental Interest Trust Trustee
      in
      its individual capacity shall have no responsibility for any of the
      undertakings, agreements or representations by it with respect to 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
      Supplemental Interest Trust Trustee under the Swap Agreement. 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 Provider 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 Trustee 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 Trustee of its duties or obligations under the
      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 Trustee’s 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 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 the 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 more than 50% 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 or REMIC VI 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 or REMIC VI 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 or REMIC
      VI
      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 R Certificateholders, and second with
      amounts otherwise to be distributed to the Holders of the following other
      Certificates in the following order of priority: first,
      to
      the
      Class M-10 Certificates, second, to the Class M-9 Certificates, third, to the
      Class M-8 Certificates, fourth, to the Class M-7 Certificates, fifth, to the
      Class M-6 Certificates, sixth, to the Class M-5 Certificates, seventh, to the
      Class M-4 Certificates, eighth, to the Class M-3 Certificates, ninth, to the
      Class M-2 Certificates, tenth, to the Class M-1 Certificates, and eleventh,
      to
      the Class A Certificates (on a
      pro
      rata
      basis
      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 R Certificates (and, if
      necessary, second, from the Holders of the other relevant 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
      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 (unless
      expressly permitted under the terms of this Agreement) (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.

     

    For
      the
      avoidance of doubt, notwithstanding anything stated to the contrary herein,
      neither the Supplemental Interest Trust Trustee, the Swap Administrator nor
      the
      Trustee shall have any responsibility for the entity-level tax filing or tax
      preparation of the Supplemental Interest Trust.

     

    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
      Trust Fund shall terminate upon the earlier of (a) the exercise of the Majority
      Class CE Certificateholder (or its designee) or the Master Servicer, as
      applicable, pursuant to clause (b) below of its right to repurchase all of
      the
      Mortgage Loans (and REO Properties) remaining in the Trust Fund at a price
      (the
“Mortgage Loan Purchase Price”) equal to the sum of (i) 100% of the Stated
      Principal Balance of each Mortgage Loan (other than in respect of 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 Trust Fund (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
      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, (vi) any Swap
      Termination Payment (which shall include any Net Swap Payment payable to the
      Trust Fund for the final Distribution Date) payable to the Swap Provider which
      remains unpaid or which is due to the exercise of such option (the “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 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 Trust
      Fund
      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 Latest Possible Maturity Date.

     

    (b) The
      Majority Class CE Certificateholder shall have right to repurchase all Mortgage
      Loans and related REO Properties at any time at which the aggregate Stated
      Principal Balance of all of the Mortgage Loans in the Trust Fund is not more
      than 10% of the aggregate Cut-off Date Principal Balance of all of the Mortgage
      Loans. If the Majority Class CE Certificateholder does not exercise this option,
      the Master Servicer has the right to repurchase all 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 Mortgage Loans in the Trust Fund, at
      the
      time of any such repurchase, aggregating 5% or less of the aggregate Cut-off
      Date Principal Balance of all of the Mortgage Loans. If the Majority Class
      CE
      Certificateholder or the Master Servicer elects to terminate the Trust Fund
      pursuant to this Section 10.01 (such termination, an “Optional Termination”),
      the Majority Class CE Certificateholder or the Master Servicer, as applicable,
      shall, at least 20 days prior to the last date on which notice of such Optional
      Termination is required to be mailed to the 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 Swap Provider of the final
      Distribution Date on which the Majority Class CE Certificateholder or the Master
      Servicer, as applicable, intends to terminate the Trust Fund. 

     

    (c) In
      connection with any 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
      in writing (which may be done by facsimile) and by phone from the Swap Provider
      the amount of the Estimated Swap Termination Payment (as defined in the Swap
      Agreement) and otherwise in accordance with the notice requirements of Part
      5(c)(v) of the Swap Agreement. The 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 Estimated Swap Termination Payment
      (as
      defined in the Swap Agreement) the Trustee shall promptly on the same day notify
      the Majority Class CE Certificateholder or the Master Servicer, as applicable,
      of the amount of the 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 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 Mortgage Loan Purchase Price (other
      than the Swap Optional Termination Payment) and the Estimated Swap Termination
      Payment, and (ii) if the Trustee shall have determined that the aggregate Stated
      Principal Balance of all of the Mortgage Loans in the Trust Fund as of the
      related Determination Date is not more than 10% of the aggregate Cut-off Date
      Principal Balance of all of the Mortgage Loans or 5% of the aggregate Cut-off
      Date Principal Balance of all of the Mortgage Loans, as applicable, and that
      all
      other requirements of the Optional Termination have been met, including without
      limitation, the deposit required pursuant to this clause (d) 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 CE Certificateholder,
      the Depositor, the Master Servicer, the Supplemental Interest Trust Trustee,
      the
      Trustee, the Custodian and the Swap Provider (in accordance with the applicable
      provision of the Swap Agreement) confirming (a) its receipt of the Mortgage
      Loan
      Purchase Price (other than the Swap Optional Termination Payment) and the
      Estimated Swap Termination Payment and (b) that all other requirements of the
      Optional Termination have been met. Upon the Trustee’s providing the notice
      described in the preceding sentence, the Optional Termination shall become
      irrevocable, the notice to Certificateholders of such Optional Termination
      provided pursuant to the second paragraph of Section 10.02 shall become
      unrescindable, the Swap Provider shall determine the Swap Optional Termination
      Payment in accordance with the Swap Agreement, and the Swap Provider shall
      provide to the Trustee written notice of the amount of the 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)
      and in the event that the Trustee fails to provide the notice described in
      the
      preceding sentence, any notice provided under Section 10.01(b) shall be deemed
      rescinded.

     

    (e) In
      connection with any Optional Termination, only an amount equal to the Mortgage
      Loan Purchase Price less any Swap Optional Termination Payment shall be made
      available for distribution to the Regular Certificates. Any Estimated Swap
      Termination Payment deposited into the Distribution Account by the Majority
      Class CE 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 Supplemental Interest
      Trust for payment to the Swap Provider in accordance with Section 3.21(c),
      an
      amount equal to the Swap Optional Termination Amount calculated pursuant to
      the
      Swap Agreement, provided that in no event shall the amount distributed to the
      Swap Provider in respect of the Swap Optional Termination Amount exceed the
      Estimated Swap Termination Payment, and (ii) to the Majority Class CE
      Certificateholder or the Master Servicer, as applicable, an amount equal to
      the
      excess, if any, of the Estimated Swap Termination Payment over the Swap Optional
      Termination Payment. The 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) Upon
      receipt by the Custodian of notice from the Trustee pursuant to Section 10.01(d)
      and the receipt by the Custodian of a Request for Release 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.

     

    (g)
       Notwithstanding
      the foregoing, the provisions of Section 7.03 hereof shall survive the
      termination of this Agreement.

     

    Section
      10.02  Final
      Distribution on the Certificates. 

     

    (i) If
      on any
      Determination Date, (i) the Master Servicer determines that there are no
      Outstanding Mortgage Loans and no other funds or assets in the Trust Fund other
      than the funds in the Protected Account, the Master Servicer shall direct the
      Trustee to send a final distribution notice promptly to each 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
      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 Majority Class CE
      Certificateholder or the Master Servicer, as applicable, elects to terminate
      the
      Trust Fund pursuant to Section 10.01, at least 20 days prior to the date notice
      is to be mailed to the Certificateholders, the Majority Class CE
      Certificateholder or the Master Servicer, as applicable, shall notify the
      Depositor, the Swap Provider and the Trustee of the date the Majority Class
      CE
      Certificateholder or the Master Servicer, as applicable, intends to terminate
      the Trust Fund. The Majority Class CE Certificateholder or the Master Servicer,
      as applicable, shall remit the Mortgage Loan Purchase Price to the Trustee
      two
      Business Days prior to the Distribution Date for such Optional Termination
      by
      the Majority Class CE Certificateholder or the Master Servicer, as
      applicable.

     

    (ii) Notice
      of
      any termination of the Trust Fund, specifying the Distribution Date on which
      Certificateholders may surrender their Certificates for payment of the final
      distribution and cancellation, shall be given promptly by the Trustee by letter
      to 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
      Certificates will be made upon presentation and surrender of 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
      Certificateholders.

     

    (iii) In
      the
      event such notice is given, the Master Servicer shall cause all funds in the
      Protected Account to be remitted to the Trustee for deposit in the Distribution
      Account two Business Days prior to the applicable Distribution Date in an amount
      equal to the final distribution in respect of the 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 Mortgage Loans
      and the Trustee shall execute and deliver any documents prepared and delivered
      to it which are necessary to transfer any REO Property.

     

    (iv) Upon
      presentation and surrender of the Certificates, the Trustee 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.

     

    (v) 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 Class R Certificateholders shall be entitled
      to all unclaimed funds and other assets of the Trust Fund that remain subject
      hereto.

     

    Section
      10.03  Additional
      Termination Requirements. 

     

    (a)  Upon
      exercise by the Majority Class CE Certificateholder or the Master Servicer,
      as
      applicable, of its purchase option as provided in Section 10.01, the Trust
      Fund
      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 Majority Class CE Certificateholder or the Master
      Servicer, as applicable, 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 a
      REMIC to fail to qualify as a REMIC at any time that any Certificates are
      outstanding:

     

    (1)  The
      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 and REMIC VI pursuant to Treasury Regulation Section 1.860F-1. The
      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 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
      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 Residual Certificates all cash on hand (other than cash retained to meet
      claims), and REMIC I 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 REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V and REMIC VI,
      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 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 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 or REMIC VI 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 or REMIC VI pursuant to the Code that would be
      a
      claim against any of REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V or REMIC
      VI
      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 Voting Rights
      of the Certificates, or with the consent of the Holders of each Class of
      Certificates affected thereby evidencing over 50% of the Voting Rights of such
      Class or Classes, 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 or REMIC VI 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 or REMIC VI or the Certificateholders or cause any of REMIC I,
      REMIC
      II, REMIC III, REMIC IV, REMIC V or REMIC VI 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 that could
      reasonably be expected to have a material adverse effect on the interests of
      the
      Swap Provider (excluding, for the avoidance of doubt, any amendment to the
      Agreement that is entered into solely for the purpose of appointing a successor
      servicer, master servicer, trustee or other service provider) without the prior
      written consent of the Swap Provider, which consent shall not be unreasonably
      withheld, conditioned or delayed.

     

    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, the 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 Mortgage Loan 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 Mortgage Loan
      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 Mortgage Loan 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: (469) 759-4714), attention:
      General Counsel,
      or such
      other address as may be hereafter furnished to the other parties hereto by
      the
      Seller or 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 the Swap Provider,
      ABN
      AMRO
      Bank N.V., 55 East 52nd Street, New York, NY 10055, telecopier number: (212)
      409-7303, Attn: Associate General Counsel
      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. 

     

    The
      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
      the
      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/ Baron Silverstein
	 	Name:  	
              
Baron
              Silverstein
	 	Title:	Vice President

    

    
       

    

    
      
        	 	 	
                 

              
	 	
                
                  EMC
                    MORTGAGE CORPORATION,

                  as
                    Seller and as Master Servicer

                

              
	 
 	 
 	 
 
	 	By:  	/s/ Mark Novachek
	 	Name:  	
                
Mark
                Novachek
	 	Title:	Senior 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
      28th
      day of
      February, 2007, before me, a notary public in and for said State, appeared
      Baron
      Silverstein, 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
      28th
      day of
      February, 2007, 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
      28th
      day of
      February, 2007, 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 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] [Pass-Through Rate: [ ]%]

            
	 	 
	
              Class
                [I-A-1][I-A-2][I-A-3][I-A-4][II-A] Senior

            	 
	 	 
	
              Date
                of Pooling and Servicing Agreement

              and
                Cut-off Date: February 1, 2007 

            	
              Aggregate
                Initial Certificate Principal Balance of this Certificate as of the
                Cut-off Date:

              $[__________]

            
	 	 
	
              First
                Distribution Date:

              March
                26, 2007 

            	
              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
      2007-FS1

     

    evidencing
      a fractional undivided interest in the distributions allocable to the Class
      [I-A-1][I-A-2][I-A-3][I-A-4][II-A] 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, 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.

     

    [For
      the
      Class I-A-1, Class I-A-2, Class I-A-3 and Class I-A-4 Certificates] [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.]

     

    [For
      the
      Class II-A Certificates][Interest on this Certificate will accrue during the
      month prior to the month in which a Distribution Date (as herein defined) 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 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, by wire transfer. 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 Voting Rights of the Certificates, or with the consent of the
      Holders of each Class of Certificates affected thereby evidencing over 50%
      of
      the Voting Rights of such Class or Classes, 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 Supplemental Interest Trust, any transferee of this
      Certificate shall be deemed to have made 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 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 only on or after the
      first Distribution Date on which the aggregate Stated Principal Balance of
      the
      Mortgage Loans is less than or equal to a certain percentage of the aggregate
      Stated Principal Balance of the 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 Certificates. In no event, however, will the 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).

     

    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][I-A-4][II-A] 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 M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class
      M-7,
      Class M-8, Class M-9 and Class M-10] THIS CERTIFICATE IS SUBORDINATED IN RIGHT
      OF PAYMENT TO THE SENIOR CERTIFICATES [,] [AND] [CLASS M-1 CERTIFICATES] [,]
      [AND] [CLASS M-2 CERTIFICATES] [,] [AND] [CLASS M-3 CERTIFICATES] [,] [AND]
      [CLASS M-4 CERTIFICATES] [,] [AND] [CLASS M-5 CERTIFICATES] [,] [AND] [CLASS
      M-6
      CERTIFICATES] [,] [AND] [CLASS M-7 CERTIFICATES] [,] [AND] [CLASS M-8
      CERTIFICATES] [,] [AND] [CLASS M-9 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 M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class
      M-7,
      Class M-8 and Class 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 M-10 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 M-10 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 M-10 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
                M-[1][2][3][4][5][6][7][8][9][10]
                Subordinate

            	 
	 	 
	
              Date
                of Pooling and Servicing Agreement 

              and
                Cut-off Date: February 1, 2007 

            	
              Aggregate
                Initial Certificate Principal Balance of this Certificate as of the
                Cut-off Date:

              $[__________]

            
	 	 
	
              First
                Distribution Date:

              March
                26, 2007 

            	
              Initial
                Certificate Principal Balance of this Certificate as of the Cut-off
                Date:

              $[__________]

            
	 	 
	
              Master
                Servicer:

              EMC
                Mortgage Corporation

            	
              CUSIP:
                [_____]

            
	 	 
	
              Last
                Scheduled Distribution Date:

              February
                25, 2037

            	 
	 	 

    

    

    ASSET-BACKED
      CERTIFICATE

    SERIES
      2007-FS1

     

    evidencing
      a fractional undivided interest in the distributions allocable to the Class
      M-[1][2][3][4][5][6][7][8][9][10] 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, 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, by wire transfer. 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 M-10 Certificate] No
      transfer of this Class M-10 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 M-10 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 Voting Rights of the Certificates, or with the consent of the
      Holders of each Class of Certificates affected thereby evidencing over 50%
      of
      the Voting Rights of such Class or Classes, 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 M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7,
      Class M-8 and Class 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 M-10 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 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 only on or after the
      first Distribution Date on which the aggregate Stated Principal Balance of
      the
      Mortgage Loans is less than or equal to a certain percentage of the aggregate
      Stated Principal Balance of the 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 Certificates. In no event, however, will the 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).

     

    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 M-[1][2][3][4][5][6][7][8][9][10] 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
                P

            	 
	 	 
	
              Date
                of Pooling and Servicing Agreement and Cut-off Date: February 1,
                2007
                

            	
              Aggregate
                Initial Certificate Principal Balance of this Certificate as of the
                Cut-off Date:

              $100.00

            
	 	 
	
              First
                Distribution Date:

              March
                26, 2007 

            	
              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:

              February
                25, 2037

            	 
	 	 

    

    

    ASSET-BACKED
      CERTIFICATE

    SERIES
      2007-FS1

     

    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, 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, 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, by wire transfer. 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 P Certificate will be made unless either (i) the Trustee
      shall have received the Opinion of Counsel set forth in Section 6.02(h) of
      the
      Agreement or (ii) the transferee of such Certificate provides a representation
      under Section 6.02(h) of the Agreement in the form as described by the
      Agreement, or is deemed to represent in the case of a Global Certificate, 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 Voting Rights of the Certificates, or with the consent of the
      Holders of each Class of Certificates affected thereby evidencing over 50%
      of
      the Voting Rights of such Class or Classes, 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 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 only on or after the
      first Distribution Date on which the aggregate Stated Principal Balance of
      the
      Mortgage Loans is less than or equal to a certain percentage of the aggregate
      Stated Principal Balance of the 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 Certificates. In no event, however, will the 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).

     

    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 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.

     

    NO
      TRANSFER OF THIS CERTIFICATE SHALL BE MADE UNLESS THE PROPOSED TRANSFEREE OF
      SUCH CERTIFICATE (1) PROVIDES TO THE TRUSTEE THE APPROPRIATE TAX CERTIFICATION
      FORM THAT WOULD ELIMINATE ANY WITHHOLDING OR DEDUCTION FOR TAXES FROM AMOUNTS
      PAYABLE BY THE SWAP PROVIDER, PURSUANT TO THE SWAP AGREEMENT, TO THE SWAP
      ADMINISTRATOR ON BEHALF OF THE SUPPLEMENTAL INTEREST TRUST (I.E., IRS FORM
      W-9
      OR IRS FORM W-8BEN, W-8IMY, W-8EXP OR W-8ECI, AS APPLICABLE (OR ANY SUCCESSOR
      FORM THERETO), TOGETHER WITH ANY APPLICABLE ATTACHMENTS) AND (2) AGREES TO
      UPDATE SUCH FORM (A) UPON EXPIRATION OF ANY SUCH FORM, (B) AS REQUIRED UNDER
      THEN APPLICABLE U.S. TREASURY REGULATIONS AND (C) PROMPTLY UPON LEARNING THAT
      SUCH FORM HAS BECOME OBSOLETE OR INCORRECT, EACH AS A CONDITION TO SUCH
      TRANSFER. IN ADDITION, NO TRANSFER OF THIS CERTIFICATE SHALL BE MADE IF SUCH
      TRANSFER WOULD CAUSE THE SUPPLEMENTAL INTEREST TRUST TO BE BENEFICIALLY OWNED
      BY
      TWO OR MORE PERSONS FOR FEDERAL INCOME TAX PURPOSES, OR CONTINUE TO BE SO
      TREATED, UNLESS (I) EACH PROPOSED TRANSFEREE OF SUCH CERTIFICATE COMPLIES WITH
      THE FOREGOING CONDITIONS, (II) THE PROPOSED MAJORITY HOLDER OF THE CLASS CE
      CERTIFICATES (OR EACH HOLDER, IF THERE IS OR WOULD BE NO MAJORITY HOLDER) (X)
      PROVIDES, OR CAUSES TO BE PROVIDED, ON BEHALF OF THE SUPPLEMENTAL INTEREST
      TRUST, IF APPLICABLE, TO THE TRUSTEE, THE APPROPRIATE TAX CERTIFICATION FORM
      THAT WOULD BE REQUIRED FROM THE SUPPLEMENTAL INTEREST TRUST TO ELIMINATE ANY
      WITHHOLDING OR DEDUCTION FOR TAXES FROM AMOUNTS PAYABLE BY THE SWAP PROVIDER,
      PURSUANT TO THE SWAP AGREEMENT, TO THE SWAP ADMINISTRATOR ON BEHALF OF THE
      SUPPLEMENTAL INTEREST TRUST (I.E., IRS FORM W-9 OR IRS FORM W-8BEN, W-8IMY,
      W-8EXP OR W-8ECI, AS APPLICABLE (OR ANY SUCCESSOR FORM THERETO), TOGETHER WITH
      ANY APPLICABLE ATTACHMENTS) AND (III) AGREES TO UPDATE SUCH FORM (A) UPON
      EXPIRATION OF SUCH FORM, (B) AS REQUIRED UNDER THEM APPLICABLE U.S. TREASURY
      REGULATIONS AND (C) PROMPTLY UPON LEARNING THAT SUCH FORM HAS BECOME OBSOLETE
      OR
      INCORRECT. UNDER THE AGREEMENT, UPON RECEIPT OF ANY TAX CERTIFICATION FORM
      PURSUANT TO THESE TRANSFER RESTRICTIONS FROM A HOLDER OF THIS CERTIFICATE,
      THE
      TRUSTEE SHALL FORWARD SUCH TAX CERTIFICATION FORM TO THE SUPPLEMENTAL INTEREST
      TRUST TRUSTEE. THE SUPPLEMENTAL INTEREST TRUST TRUSTEE SHALL FORWARD SUCH TAX
      CERTIFICATION FORM PROVIDED TO IT TO THE SWAP PROVIDER. EACH HOLDER OF THIS
      CERTIFICATE AND EACH TRANSFEREE THEREOF SHALL BE DEEMED TO HAVE CONSENTED TO
      THE
      SUPPLEMENTAL INTEREST TRUST TRUSTEE FORWARDING TO THE SWAP PROVIDER ANY TAX
      CERTIFICATION FORM IT HAS PROVIDED AND UPDATED IN ACCORDANCE WITH THESE TRANSFER
      RESTRICTIONS. ANY PURPORTED SALES OR TRANSFERS OF THIS CERTIFICATE TO A
      TRANSFEREE WHICH DOES NOT COMPLY WITH THESE REQUIREMENTS SHALL BE DEEMED NULL
      AND VOID UNDER THE AGREEMENT. 

    

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	
              Certificate
                No. 1

            	
              Percentage
                Interest: 100%

            
	 	 
	
              Class
                CE

            	
              Adjustable
                Rate

            
	 	 
	
              Date
                of Pooling and Servicing Agreement 

              and
                Cut-off Date: February 1, 2007 

            	
              Initial
                Certificate Notional Amount of this Certificate as of the Cut-off
                Date:

              $[__________]

            
	 	 
	
              First
                Distribution Date:

              March
                26, 2007 

            	
              Aggregate
                Certificate Notional Amount of this Certificate as of the Cut-off
                Date:

              $[__________]

            
	 	 
	
              Master
                Servicer:

              EMC
                Mortgage Corporation

            	
              CUSIP:
                [_____]

            
	 	 
	
              Last
                Scheduled Distribution Date:

              February
                25, 2037

            	 
	 	 

    

    

    ASSET-BACKED
      CERTIFICATE

    SERIES
      2007-FS1

     

    evidencing
      a fractional undivided interest in the distributions allocable to the Class
      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, 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, by wire transfer. 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 CE Certificate will be made unless either (i) the Trustee
      shall have received the Opinion of Counsel set forth in Section 6.02(h) of
      the
      Agreement or (ii) the transferee of such Certificate provides a representation
      under Section 6.02(h) of the Agreement in the form as described by the
      Agreement, or is deemed to represent in the case of a Global Certificate, 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 Voting Rights of the Certificates, or with the consent of the
      Holders of each Class of Certificates affected thereby evidencing over 50%
      of
      the Voting Rights of such Class or Classes, 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 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 only on or after the
      first Distribution Date on which the aggregate Stated Principal Balance of
      the
      Mortgage Loans is less than or equal to a certain percentage of the aggregate
      Stated Principal Balance of the 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 Certificates. In no event, however, will the 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).

     

    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 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
                [R-1][R-2][R-3][RX]

            	
              Percentage
                Interest: 100%

            
	 	 
	
              Date
                of Pooling and Servicing Agreement and Cut-off Date: February 1,
                2007
                

            	 
	 	 
	
              First
                Distribution Date:

              March
                26, 2007 

            	 
	 	 
	
              Master
                Servicer:

              EMC
                Mortgage Corporation

            	
              CUSIP:
                [_____]

            
	 	 
	
              Last
                Scheduled Distribution Date:

              February
                25, 2037

            	 
	 	 

    

    

    ASSET-BACKED
      CERTIFICATE

    SERIES
      2007-FS1

     

    evidencing
      a fractional undivided interest in the distributions allocable to the Class
      [R-1][R-2][R-3][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, 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, by wire transfer. 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 [R-1][ R-2][R-3][RX] Certificate will be made unless
      either (i) the Trustee shall have received the Opinion of Counsel set forth
      in
      Section 6.02(h) of the Agreement or (ii) the transferee of such Certificate
      provides a representation under Section 6.02(h) of the Agreement in the form
      as
      described by the Agreement, or is deemed to represent in the case of a Global
      Certificate, 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 Voting Rights of the Certificates, or with the consent of the
      Holders of each Class of Certificates affected thereby evidencing over 50%
      of
      the Voting Rights of such Class or Classes, 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 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 only on or after the
      first Distribution Date on which the aggregate Stated Principal Balance of
      the
      Mortgage Loans is less than or equal to a certain percentage of the aggregate
      Stated Principal Balance of the 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 Certificates. In no event, however, will the 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).

     

    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 [R-1][R-2][R-3][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

    CITY1                       ZIP_CODE        STATE                  MI_CERT1                    FIRST_PAY_DATE           MATURITY_DATE
-------------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                   90802            CA              100052691105132000                  20070201                 20220101
BIG BEAR CITY                92314            CA              100052615113039000                  20070101                 20211201
JAMUL                        91935            CA              100052615113139000                  20070201                 20370101
JAMUL                        91935            CA              100052615113149000                  20070201                 20220101
HENDERSON                    89052            NV              100052615980359000                  20070101                 20361201
BALDWIN PARK                 91706            CA              100052615982829000                  20070201                 20370101
BONIFAY                      32425            FL              100052615983579000                  20070201                 20370101
AVENUE BLOOMING              92316            CA              100052615985079000                  20070101                 20361201
AVENUE BLOOMING              92316            CA              100052615985089000                  20070101                 20211201
STANTON                      90680            CA              100052615985339000                  20070101                 20361201
RIVERSIDE AREA               92509            CA              100052615986119000                  20070101                 20361201
APPLE VALLEY                 92308            CA              100052615986519000                  20070201                 20370101
CANYON COUNTRY               91351            CA              100052615986589000                  20070201                 20370101
LAKE ELSINORE                92530            CA              100052615986819000                  20070201                 20370101
LAKE ELSINORE                92530            CA              100052615986829000                  20070201                 20220101
LOMITA                       90717            CA              100052615987029000                  20070201                 20370101
LOS ANGELES                  90026            CA              100052615987349000                  20070201                 20370101
RAWLINS                      82301            WY              100052616121306000                  20070101                 20361201
AURORA                       80014            CO              100052616122586000                  20070101                 20361201
CHULA VISTA                  91913            CA              100052615112489000                  20070101                 20361201
SOUTH PLAINFIEL               7080            NJ              100052615112499000                  20070201                 20370101
OAKLEY                       94561            CA              100052615112539000                  20070101                 20361201
SAN DIEGO                    92114            CA              100052615112669000                  20070201                 20370101
SAN DIEGO                    92114            CA              100052615112679000                  20070201                 20220101
SAN MARCOS                   92069            CA              100052615112739000                  20070201                 20370101
SAN MARCOS                   92069            CA              100052615112749000                  20070201                 20220101
TEMECULA                     92592            CA              100052615112829000                  20070201                 20370101
TEMECULA                     92592            CA              100052615112859000                  20070201                 20220101
SAN DIEGO                    92116            CA              100052615112919000                  20070201                 20370101
HIGLEY                       85236            AZ              100052615113019000                  20070201                 20370101
BIG BEAR CITY                92314            CA              100052615113029000                  20070101                 20361201
SALINAS                      93906            CA              100052615112099000                  20070201                 20370101
SALINAS                      93906            CA              100052615112109000                  20070201                 20220101
MURRIETA                     92563            CA              100052615111399000                  20070201                 20370101
MENIFEE                      92584            CA              100052615111569000                  20070101                 20361201
ALTON                        62002            IL              100052615111589000                  20070201                 20370101
CLIFTON                       7013            NJ              100052615111629000                  20070201                 20370101
EL SOBRANTE                  94803            CA              100052615111969000                  20070201                 20220101
KELLER                       76248            TX              100052644159174000                  20061201                 20361101
LANCASTER                    93535            CA              100052690811083000                  20061201                 20361101
PALMDALE                     93552            CA              100052691101292000                  20070101                 20361201
EVERETT                       2149            MA              100052646022927000                  20060901                 20360801
RESEDA                       91335            CA              100052615110509000                  20061201                 20361101
SCOTTSDALE                   85255            AZ              100052680000821000                  20070101                 20361201
EL SOBRANTE                  94803            CA              100052615111959000                  20070201                 20370101
EAST ORANGE                   7018            NJ              100052647007037000                  20061201                 20361101
FRISCO                       75035            TX              100052644160814000                  20061201                 20361101
COSTA MESA                   92627            CA              100052615981109000                  20070101                 20361201
PUYALLUP                     98374            WA              100052690001266000                  20061101                 20211001
COLLIERVILLE                 38017            TN              100052644163274000                  20070101                 20361201
FORT WORTH                   76107            TX              100052644163634000                  20070101                 20361201
SAINT LOUIS                  63127            MO              100052686857164000                  20061101                 20361001
SEATTLE                      98106            WA              100052690884226000                  20070101                 20361201
SEATTLE                      98106            WA              100052690884236000                  20070101                 20211201
KANSAS CITY                  66109            KS              100052686856374000                  20061201                 20361101
LOVES PARK                   61111            IL              100052647002033000                  20061201                 20361101
COEUR D ALENE                83814            ID              100052690885836000                  20070101                 20361201
SEATAC                       98188            WA              100052690887876000                  20070101                 20361201
LOS ANGELES                  90002            CA              100052691101082000                  20070101                 20211201
LOS ANGELES                  90002            CA              100052691102612000                  20070101                 20361201
BATESVILLE                   38606            MS              100052644164704000                  20070101                 20361201
DELRAY BEACH                 33446            FL              100052647012665000                  20061201                 20361101
CITY OF UPLAND               91786            CA              100052691100652000                  20070101                 20361201
SAINT LOUIS                  63115            MO              100052686852004000                  20060901                 20210801
FORT SMITH                   72904            AR              100052644904724000                  20061201                 20361101
LOS ANGELES                  90002            CA              100052615981069000                  20070101                 20361201
FONTANA                      92336            CA              100052615976119000                  20061201                 20361101
LAMAR                        29069            SC              100052647008935000                  20061201                 20361101
OXON HILL                    20745            MD              100052615980639000                  20070101                 20361201
FAIRHAVEN                     2719            MA              100052647007387000                  20061201                 20211101
HYANNIS                       2601            MA              100052647007767000                  20061201                 20361101
FORT WORTH                   76119            TX              100052644165974000                  20070101                 20361201
HUNTINGTON PARK              90255            CA              100052615976589000                  20061201                 20211101
CAPE GIRARDEAU               63703            MO              100052686861794000                  20070101                 20361201
WYOMING                      49418            MI              100052647003313000                  20061201                 20361101
BALTIMORE                    21223            MD              100052647007621000                  20061201                 20361101
BURBANK                      91506            CA              100052690996852000                  20061201                 20211101
SPOKANE                      99218            WA              100052690885936000                  20070101                 20361201
CLOVIS                       93612            CA              100052615109029000                  20061201                 20361101
SPRING VALLEY                91978            CA              100052615112729000                  20070101                 20361201
MURRIETA                     92563            CA              100052615113179000                  20070201                 20220101
FLOSSMOOR                    60422            IL              100052615110749000                  20070101                 20361201
BELVIDERE                    61008            IL              100052647001373000                  20061201                 20361101
PFLUGERVILLE                 78660            TX              100052644100264000                  20061201                 20211101
GALENA PARK                  77547            TX              100052644104234000                  20070101                 20211201
COLUMBIA                     29206            SC              100052647008841000                  20061201                 20361101
CHICAGO                      60645            IL              100052647010663000                  20061201                 20211101
WEST LINN                    97068            OR              100052690882566000                  20061201                 20361101
TOMBALL                      77377            TX              100052643998194000                  20061201                 20211101
WEST VALLEY CIT              84120            UT              100052616120126000                  20061201                 20211101
HOUSTON                      77078            TX              100052644101234000                  20070101                 20361201
LONG BEACH                   90805            CA              100052690999852000                  20061201                 20361101
KISSIMMEE                    34742            FL              100052644101264000                  20061201                 20361101
KATY                         77449            TX              100052644163414000                  20070101                 20361201
TAMPA                        33647            FL              100052647013375000                  20061201                 20361101
YOUNGSTOWN                   32466            FL              100052647016165000                  20070101                 20361201
PALO                         52324            IA              100052644900644000                  20061201                 20361101
LYNN                          1904            MA              100052647010567000                  20070101                 20361201
TURRELL                      72384            AR              100052644908204000                  20070101                 20261201
PEMBROKE PINES               33027            FL              100052647017715000                  20070101                 20361201
LITTLETON                    80128            CO              100052616118866000                  20061201                 20211101
FORT VALLEY                  31030            GA              100052634872982000                  20061001                 20360901
SAN BERNARDINO               92401            CA              100052615969509000                  20061201                 20211101
PHENIX                       23959            VA              100052615964749000                  20061001                 20360901
OAK PARK                     60304            IL              100052615977269000                  20061201                 20211101
KANSAS CITY                  64128            MO              100052686861644000                  20070101                 20361201
LONG BEACH                   98631            WA              100052690882226000                  20061201                 20361101
WICHITA                      67213            KS              100052686859504000                  20061201                 20361101
CORONA                       92882            CA              100052615983609000                  20070101                 20361201
PUTNAM CT 06260               6260            CT              100052644916654000                  20070101                 20361201
WHITTIER AREA                90604            CA              100052615980849000                  20070101                 20361201
QUARTZ HILL ARE              93536            CA              100052690809083000                  20061201                 20211101
KANSAS CITY                  64109            MO              100052686861594000                  20070101                 20361201
SAN JUAN                     78589            TX              100052643999334000                  20070101                 20361201
NEWTON                       50208            IA              100052644900874000                  20061201                 20361101
MAQUOKETA                    52060            IA              100052644921864000                  20070101                 20361201
PRAIRIE CITY                 50228            IA              100052643576094000                  20061101                 20361001
KANSAS CITY                  64126            MO              100052644882084000                  20061201                 20361101
EAGLE MOUNTAIN               84005            UT              100052616119496000                  20061201                 20211101
YORBA LINDA                  92886            CA              100052615974639000                  20061201                 20211101
INGLEWOOD                    90303            CA              100052615980769000                  20061201                 20361101
MINDEN                       71055            LA              100052644935944000                  20070101                 20361201
HOUSTON                      77064            TX              100052643990824000                  20061101                 20361001
IOLA                         66749            KS              100052644894594000                  20061101                 20361001
KANSAS CITY                  66102            KS              100052686859344000                  20061201                 20361101
SAINT LOUIS                  63132            MO              100052686857724000                  20061201                 20361101
HOUSTON                      77043            TX              100052643996804000                  20061201                 20361101
CHICAGO                      60653            IL              100052647003003000                  20061201                 20361101
FORT WORTH                   76137            TX              100052643999614000                  20061201                 20361101
FLORISSANT                   63033            MO              100052686858574000                  20061201                 20361101
KANSAS CITY                  64130            MO              100052686856974000                  20061201                 20361101
ISSAQUAH                     98027            WA              100052690886486000                  20070101                 20361201
FRESNO                       93722            CA              100052615110509000                  20061201                 20211101
REDMOND                      97756            OR              100052690877956000                  20061101                 20361001
CHICAGO                      60630            IL              100052647011933000                  20070101                 20361201
COSTA MESA                   92627            CA              100052605091809000                  20061201                 20361101
TEMPE                        85283            AZ              100052615109929000                  20070101                 20361201
CARROLLTON                   75006            TX              100052644154844000                  20061201                 20211101
HOUSTON                      77007            TX              100052644164934000                  20070101                 20361201
UNIC AREA OF LA              90002            CA              100052691104852000                  20070201                 20220101
KANSAS CITY                  64127            MO              100052686859274000                  20070101                 20361201
SAINT LOUIS                  63113            MO              100052686861884000                  20070101                 20361201
OMAHA                        68135            NE              100052686862204000                  20070201                 20370101
DAVENPORT                    52806            IA              100052686862414000                  20070201                 20370101
DAVENPORT                    52806            IA              100052686862424000                  20070201                 20220101
LEAVENWORTH                  66048            KS              100052686863104000                  20070101                 20361201
SPANAWAY                     98387            WA              100052690882336000                  20070101                 20361201
PORT ORCHARD                 98366            WA              100052690883576000                  20070201                 20370101
POST FALLS                   83854            ID              100052690885676000                  20070201                 20370101
POST FALLS                   83854            ID              100052690885696000                  20070201                 20220101
IONA                         83427            ID              100052690886966000                  20070201                 20370101
POULSBO                      98370            WA              100052690887306000                  20070101                 20361201
BELLINGHAM                   98226            WA              100052690887646000                  20070201                 20370101
SPANAWAY                     98387            WA              100052690887766000                  20070201                 20370101
GERVAIS                      97026            OR              100052690888076000                  20070101                 20361201
HARRISBURG                   97446            OR              100052690888116000                  20070201                 20370101
HARRISBURG                   97446            OR              100052690888136000                  20070201                 20220101
TACOMA                       98445            WA              100052690888336000                  20070201                 20370101
VANCOUVER                    98686            WA              100052690888356000                  20070101                 20361201
NORTH LAS VEGAS              89081            NV              100052690888436000                  20070201                 20370101
NORTH LAS VEGAS              89081            NV              100052690888446000                  20070201                 20220101
BURLINGTON                   98233            WA              100052690888606000                  20070201                 20370101
PORT ORCHARD                 98366            WA              100052690888616000                  20070201                 20370101
ONTARIO                      97914            OR              100052690888796000                  20070201                 20370101
APPLE VALLEY                 92307            CA              100052691102452000                  20070101                 20361201
120-120 1/2 41S              90011            CA              100052691102462000                  20070201                 20370101
NORWALK                      90650            CA              100052691102812000                  20070201                 20370101
NORWALK                      90650            CA              100052691102822000                  20070201                 20220101
CARSON                       90745            CA              100052691103622000                  20070101                 20361201
120-120 1/2 41S              90011            CA              100052691103662000                  20070201                 20220101
LONG BEACH                   90810            CA              100052691104322000                  20070101                 20361201
WINNETKA                     91306            CA              100052691104432000                  20070201                 20370101
WINNETKA                     91306            CA              100052691104442000                  20070201                 20220101
RIVERSIDE                    92507            CA              100052691104772000                  20070201                 20220101
AREA OF LOS ANG              90002            CA              100052691104842000                  20070201                 20370101
LONG BEACH                   90802            CA              100052691105122000                  20070201                 20370101
REDONDO BEACH                90277            CA              100052691100262000                  20070101                 20361201
SURPRISE                     85374            AZ              100052691100342000                  20070101                 20361201
RANCHO CUCAMONG              91739            CA              100052691100392000                  20070101                 20361201
ORANGE                       92869            CA              100052691100512000                  20070101                 20361201
ORANGE                       92869            CA              100052691100532000                  20070101                 20211201
FONTANA                      92337            CA              100052691100622000                  20070101                 20361201
(STUDIO CITY AR              91604            CA              100052691100642000                  20070101                 20361201
PALMDALE                     93551            CA              100052691100752000                  20070101                 20361201
HEMET                        92543            CA              100052691100802000                  20070101                 20361201
LOS ANGELES                  90008            CA              100052691100902000                  20070101                 20361201
LOS ANGELES                  90011            CA              100052691100912000                  20070101                 20361201
LOS ANGELES                  90059            CA              100052691101022000                  20070101                 20361201
SAN BERNARDINO               92404            CA              100052691101032000                  20070101                 20361201
FONTANA                      92336            CA              100052691101052000                  20070101                 20361201
LOS ANGELES                  90002            CA              100052691101072000                  20070101                 20361201
LONG BEACH                   90805            CA              100052691101342000                  20070101                 20361201
(LA PUENTE AREA              91748            CA              100052691101472000                  20070101                 20361201
VAN NUYS AREA L              91406            CA              100052691101552000                  20070101                 20361201
SAN DIMAS                    91773            CA              100052691101792000                  20070101                 20361201
OXNARD                       93036            CA              100052691101942000                  20070101                 20361201
AREA OF HEMET                92544            CA              100052691102022000                  20070101                 20361201
HESPERIA                     92344            CA              100052691102042000                  20070101                 20361201
STOCKTON                     95205            CA              100052691102102000                  20070101                 20361201
LAKEWOOD                     90715            CA              100052691102202000                  20070101                 20361201
FONTANA                      92336            CA              100052691102222000                  20070101                 20361201
LAWNDALE                     90260            CA              100052691102302000                  20070101                 20361201
CANOGA PARK ARE              91303            CA              100052691102352000                  20070101                 20361201
FALLBROOK                    92028            CA              100052691102412000                  20070101                 20361201
LAS VEGAS                    89178            NV              100052691102432000                  20070101                 20361201
LOS ANGELES                  90001            CA              100052691102492000                  20070101                 20361201
COMPTON                      90220            CA              100052691102532000                  20070101                 20361201
BALDWIN PARK                 91706            CA              100052691102692000                  20070101                 20361201
CYPRESS                      90630            CA              100052691102792000                  20070101                 20361201
COMPTON                      90221            CA              100052691102862000                  20070101                 20361201
LOS ANGELES                  90037            CA              100052691102962000                  20070101                 20361201
LOS ANGELES                  90005            CA              100052691103002000                  20070101                 20361201
LONG BEACH                   90808            CA              100052691103132000                  20070101                 20361201
LONG BEACH                   90808            CA              100052691103152000                  20070101                 20211201
SANTA ANA                    92707            CA              100052691103192000                  20070101                 20361201
LOS ANGELES                  90047            CA              100052691103202000                  20070101                 20361201
SAN DIEGO                    92154            CA              100052691103232000                  20070101                 20361201
AREA OF SYLMAR               91342            CA              100052691103282000                  20070101                 20361201
CHINO                        91710            CA              100052691103402000                  20070101                 20361201
AREA OF BLOOMIN              92316            CA              100052691103592000                  20070101                 20361201
LOS ANGELES                  90019            CA              100052691103632000                  20070101                 20361201
(COMPTON AREA)               90222            CA              100052691103902000                  20070101                 20361201
PROVO                        84606            UT              100052691104112000                  20070101                 20361201
ADELANTO                     92301            CA              100052691104252000                  20070101                 20361201
KENNEWICK                    99336            WA              100052690884326000                  20070101                 20361201
PORTLAND                     97233            OR              100052690884426000                  20070101                 20361201
COEUR D ALENE                83815            ID              100052690884536000                  20070101                 20361201
EATONVILLE                   98328            WA              100052690884726000                  20070101                 20361201
FEDERAL WAY                  98003            WA              100052690884796000                  20070101                 20361201
PORTLAND                     97230            OR              100052690884846000                  20061201                 20361101
RENTON                       98059            WA              100052690884876000                  20061201                 20361101
SPANAWAY                     98387            WA              100052690884916000                  20070101                 20361201
SPANAWAY                     98387            WA              100052690884926000                  20070101                 20211201
SEATTLE                      98106            WA              100052690885096000                  20070101                 20361201
SUMNER                       98391            WA              100052690885116000                  20070101                 20361201
LAKE FOREST                  92630            CA              100052690885166000                  20070101                 20361201
MARYSVILLE                   98270            WA              100052690885286000                  20070101                 20361201
ASHFORD                      98304            WA              100052690885316000                  20070101                 20211201
RATHDRUM                     83858            ID              100052690885336000                  20070101                 20361201
ABERDEEN                     98520            WA              100052690885346000                  20070101                 20361201
MILWAUKIE                    97222            OR              100052690885426000                  20070101                 20361201
REDMOND                      98052            WA              100052690885446000                  20070101                 20361201
TACOMA                       98404            WA              100052690885546000                  20070101                 20361201
PUYALLUP                     98373            WA              100052690885566000                  20070101                 20361201
PUYALLUP                     98375            WA              100052690885606000                  20070101                 20361201
KENNEWICK                    99336            WA              100052690885616000                  20070101                 20211201
PORTLAND                     97223            OR              100052690885706000                  20070101                 20361201
MULWAUKIE                    97267            OR              100052690885726000                  20070101                 20361201
MALAGA                       98828            WA              100052690885756000                  20070101                 20361201
PORT ORCHARD                 98367            WA              100052690885766000                  20070101                 20361201
BUCKLEY                      98321            WA              100052690885776000                  20070101                 20361201
BONNEY LAKE                  98391            WA              100052690885816000                  20070101                 20361201
NAMPA                        83687            ID              100052690885856000                  20070101                 20361201
TACOMA                       98444            WA              100052690885866000                  20070101                 20361201
TACOMA                       98444            WA              100052690885896000                  20070101                 20211201
LAKEWOOD                     98499            WA              100052690885906000                  20070101                 20361201
OLYMPIA                      98501            WA              100052690885916000                  20070101                 20361201
COEUR D ALENE                83815            ID              100052690885956000                  20070101                 20211201
TACOMA                       98404            WA              100052690886206000                  20070101                 20361201
SPOKANE                      99207            WA              100052690886236000                  20070101                 20361201
SEATTLE                      98116            WA              100052690886286000                  20070101                 20361201
ABERDEEN                     98520            WA              100052690886336000                  20070101                 20361201
COVINGTON                    98042            WA              100052690886406000                  20070101                 20361201
TACOMA                       98418            WA              100052690886496000                  20070101                 20361201
EUGENE                       97404            OR              100052690886816000                  20070101                 20361201
TACOMA                       98446            WA              100052690887166000                  20070101                 20361201
PHOENIX                      97535            OR              100052690887416000                  20070101                 20361201
SUMNER                       98390            WA              100052690887496000                  20070101                 20361201
EUGENE                       97405            OR              100052690887536000                  20070101                 20361201
SEATTLE                      98115            WA              100052690887716000                  20070101                 20361201
WOODINVILLE                  98072            WA              100052690887886000                  20070101                 20361201
TACOMA                       98404            WA              100052690887906000                  20070101                 20361201
SHELTON                      98584            WA              100052690887976000                  20070101                 20361201
EVERETT                      98204            WA              100052690888396000                  20070101                 20361201
PASADENA                     91103            CA              100052690993742000                  20061201                 20211101
SIMI VALLEY                  93065            CA              100052690994592000                  20070101                 20361201
VICTORVILLE                  92392            CA              100052690996432000                  20061201                 20361101
PALMDALE                     93550            CA              100052690997092000                  20061201                 20361101
LOS ANGELES                  90003            CA              100052690997212000                  20061201                 20211101
SAN DIEGO                    92154            CA              100052690997912000                  20061201                 20361101
BUENA PARK                   90620            CA              100052690998092000                  20070101                 20361201
TRABUCO CANYON               92679            CA              100052690998112000                  20061201                 20361101
CHATSWORTH                   91311            CA              100052690998222000                  20070101                 20361201
CORONA                       92882            CA              100052690998262000                  20061201                 20211101
BELLFLOWER                   90706            CA              100052690998512000                  20061201                 20361101
LOS ANGELES                  90042            CA              100052690999022000                  20070101                 20361201
HAWTHORNE                    90250            CA              100052690999232000                  20070101                 20361201
IRVINE                       92614            CA              100052690999382000                  20061201                 20261101
SANTA PAULA                  93060            CA              100052690999402000                  20070101                 20361201
LAKEWOOD                     90712            CA              100052690999462000                  20070101                 20361201
ALHAMBRA                     91801            CA              100052690999872000                  20070101                 20361201
SACRAMENTO                   95824            CA              100052690999922000                  20070101                 20361201
LOS ANGELES                  90011            CA              100052690999982000                  20070101                 20361201
SAN BERNARDINO               92408            CA              100052691100042000                  20070101                 20361201
STOCKTON                     95206            CA              100052691100052000                  20070101                 20361201
LONG BEACH                   90805            CA              100052691100202000                  20061201                 20361101
KLAMATH FALLS                97601            OR              100052690881786000                  20061201                 20361101
BELLINGHAM                   98226            WA              100052690881856000                  20061201                 20211101
PORTLAND                     97206            OR              100052690881946000                  20061201                 20211101
PUYALLUP                     98374            WA              100052690881956000                  20061201                 20361101
TACOMA                       98418            WA              100052690882026000                  20070101                 20361201
WASILLA                      99654            AK              100052690882366000                  20061201                 20211101
SPOKANE                      99206            WA              100052690882666000                  20070101                 20361201
WENDELL                      83355            ID              100052690882686000                  20070101                 20361201
PAYETTE                      83661            ID              100052690882976000                  20070101                 20361201
TACOMA                       98445            WA              100052690883056000                  20061201                 20361101
SUQUAMISH                    98392            WA              100052690883246000                  20070101                 20361201
PORTLAND                     97220            OR              100052690883306000                  20070101                 20361201
TACOMA                       98408            WA              100052690883376000                  20061201                 20211101
PUYALLUP                     98375            WA              100052690883476000                  20061201                 20211101
UNIVERSITY PLAC              98467            WA              100052690883586000                  20061201                 20361101
COVINGTON                    98042            WA              100052690883716000                  20061201                 20211101
TWIN FALLS                   83301            ID              100052690883966000                  20061201                 20211101
GIG HARBOR                   98329            WA              100052690884076000                  20061201                 20361101
SHELTON                      98584            WA              100052690880346000                  20061201                 20361101
PORTLAND                     97218            OR              100052690881176000                  20061201                 20361101
SPRINGFIELD                  97477            OR              100052690881216000                  20061201                 20211101
SEDRO WOOLLEY                98284            WA              100052690881226000                  20061201                 20361101
REPUBLIC                     99166            WA              100052690881406000                  20061201                 20361101
ABERDEEN                     98520            WA              100052690881446000                  20061201                 20361101
OTHELLO                      99344            WA              100052690881456000                  20061201                 20361101
BOTHELL                      98011            WA              100052690881536000                  20061201                 20211101
SPOKANE                      99207            WA              100052690880156000                  20061201                 20361101
SPOKANE                      99207            WA              100052690880166000                  20061201                 20211101
VALHALLA                     10595            NY              100052647010967000                  20070101                 20361201
MONCKS CORNER                29461            SC              100052647010981000                  20070201                 20370101
BANGOR                        4401            ME              100052647011027000                  20070101                 20361201
TRENTON                       8611            NJ              100052647011417000                  20070201                 20370101
LANHAM                       20706            MD              100052647011661000                  20070201                 20370101
LOWELL                        1854            MA              100052647012037000                  20070201                 20370101
LOWELL                        1854            MA              100052647012077000                  20070201                 20220101
CALUMET CITY                 60409            IL              100052647014233000                  20070201                 20370101
CALUMET CITY                 60409            IL              100052647014253000                  20070201                 20220101
TOWER CITY                   58071            ND              100052647014593000                  20070101                 20361201
MARKHAM                      60426            IL              100052647014693000                  20070101                 20361201
SAINT CLAIR SHO              48080            MI              100052647014743000                  20070101                 20361201
ATLANTA                      30315            GA              100052647015585000                  20070101                 20361201
MONTICELLO                   55362            MN              100052647015913000                  20070101                 20211201
NORRIDGE                     60706            IL              100052647015923000                  20070201                 20370101
BROOKLYN PARK                55443            MN              100052647015953000                  20070101                 20361201
DETROIT                      48205            MI              100052647016383000                  20070201                 20370101
DETROIT                      48205            MI              100052647016413000                  20070201                 20220101
CANTON                       48188            MI              100052647017403000                  20070101                 20361201
BOYNTON BEACH                33435            FL              100052647018055000                  20070101                 20361201
CHICAGO                      60625            IL              100052647018543000                  20070201                 20370101
DECATUR                      30035            GA              100052647019055000                  20070101                 20361201
GARY                         46403            IN              100052647019243000                  20070201                 20370101
GARY                         46403            IN              100052647019263000                  20070201                 20220101
HAMPTON                      30228            GA              100052647019395000                  20070101                 20361201
ADDISON                      60101            IL              100052647019723000                  20070201                 20370101
PALATINE                     60067            IL              100052647019793000                  20070201                 20370101
ROBBINSDALE                  55422            MN              100052647020133000                  20070201                 20220101
LITTLE FALLS                 56345            MN              100052647020213000                  20070101                 20361201
PRINCETON                    55371            MN              100052647020283000                  20070201                 20370101
BROOKLYN PARK                55443            MN              100052647020513000                  20070201                 20370101
BROOKLYN PARK                55443            MN              100052647020553000                  20070201                 20220101
LAND O LAKES                 34639            FL              100052647020565000                  20070201                 20370101
CHASKA                       55318            MN              100052647020593000                  20070201                 20370101
SAINT PAUL                   55119            MN              100052647021453000                  20070201                 20370101
HANOVER PARK                 60133            IL              100052647022033000                  20070201                 20370101
BUCKEYE                      85326            AZ              100052680000931000                  20070101                 20361201
KINGMAN                      86409            AZ              100052680897001000                  20070201                 20370101
LAS VEGAS                    89120            NV              100052680897471000                  20070201                 20370101
PHOENIX                      85085            AZ              100052680897811000                  20070201                 20370101
KANSAS CITY                  64132            MO              100052686857884000                  20061101                 20361001
KANSAS CITY                  64132            MO              100052686857894000                  20061101                 20211001
DETROIT                      48221            MI              100052647003293000                  20070201                 20220101
CHADWICK                     61014            IL              100052647004783000                  20070101                 20361201
RICHMOND                     23236            VA              100052647008411000                  20070101                 20361201
NEW BEDFORD                   2745            MA              100052647008487000                  20070201                 20370101
RICHMOND                     23223            VA              100052647009661000                  20070101                 20361201
COLUMBIA                     29229            SC              100052647009801000                  20070101                 20361201
BANGOR                        4401            ME              100052647010417000                  20070201                 20370101
NASHUA                        3060            NH              100052647010557000                  20070101                 20361201
CHARLOTTE                    28214            NC              100052647010821000                  20070201                 20370101
DETROIT                      48206            MI              100052647010913000                  20070201                 20370101
CROWLEY                      76036            TX              100052644922994000                  20070101                 20361201
MIAMI                        33179            FL              100052644924434000                  20070101                 20361201
RIDGELAND                    29936            SC              100052644924944000                  20070101                 20361201
RAILROAD FLAT                95248            CA              100052644931084000                  20070201                 20370101
LANCASTER                    75134            TX              100052644933404000                  20070101                 20361201
RIDGELAND                    29936            SC              100052644934244000                  20070101                 20211201
HALSTEAD                     67056            KS              100052644934914000                  20070201                 20370101
GILBERT                      85296            AZ              100052647000051000                  20070201                 20370101
GILBERT                      85296            AZ              100052647000061000                  20070201                 20220101
DETROIT                      48221            MI              100052647003273000                  20070201                 20370101
BRYAN                        77802            TX              100052644105244000                  20070101                 20361201
LITTLE RIVER AC              76554            TX              100052644105254000                  20070101                 20361201
SAN ANTONIO                  78239            TX              100052644105284000                  20070201                 20370101
LAREDO                       78046            TX              100052644105364000                  20070101                 20361201
LAREDO                       78046            TX              100052644105374000                  20070101                 20211201
HOUSTON                      77064            TX              100052644105744000                  20070101                 20361201
KINGWOOD                     77345            TX              100052644106064000                  20070101                 20361201
HOUSTON                      77017            TX              100052644106254000                  20070101                 20361201
BAYTOWN                      77521            TX              100052644106594000                  20070101                 20361201
LA PORTE                     77571            TX              100052644106604000                  20070101                 20361201
BAYTOWN                      77521            TX              100052644106624000                  20070101                 20211201
BACLIFF                      77518            TX              100052644106924000                  20070101                 20361201
HOUSTON                      77089            TX              100052644107394000                  20070201                 20370101
AUSTIN                       78744            TX              100052644107664000                  20070201                 20370101
DEER PARK                    77536            TX              100052644154724000                  20070101                 20361201
FORT WORTH                   76248            TX              100052644159034000                  20070101                 20361201
FORT WORTH                   76248            TX              100052644161194000                  20070101                 20361201
COLUMBIA                     29229            SC              100052644161454000                  20070101                 20361201
JENKS                        74037            OK              100052644161654000                  20070101                 20361201
MONCKS CORNER                29461            SC              100052644161694000                  20070101                 20211201
EL PASO                      79938            TX              100052644161854000                  20070101                 20361201
SAN ANTONIO                  78251            TX              100052644162074000                  20070101                 20361201
CARROLLTON                   75010            TX              100052644162124000                  20070101                 20361201
CARROLLTON                   75007            TX              100052644162194000                  20070101                 20361201
GARLAND                      75040            TX              100052644162254000                  20070101                 20361201
EL PASO                      79936            TX              100052644162284000                  20070101                 20361201
BOLIVAR                      38008            TN              100052644162814000                  20070101                 20361201
ARLINGTON                    76018            TX              100052644162974000                  20070101                 20361201
DALLAS                       75215            TX              100052644163024000                  20070201                 20370101
MEMPHIS                      38125            TN              100052644163164000                  20070101                 20361201
HITCHCOCK                    77563            TX              100052644163214000                  20070101                 20361201
DESOTO                       75115            TX              100052644163294000                  20070101                 20361201
ATHENS                       37303            TN              100052644163444000                  20070101                 20361201
BOWIE                        76230            TX              100052644163614000                  20070101                 20361201
BEDFORD                      76022            TX              100052644163764000                  20070101                 20361201
DENISON                      75021            TX              100052644163854000                  20070201                 20370101
SAN MARCOS                   92078            CA              100052644163864000                  20070101                 20361201
CEDAR HILL                   75104            TX              100052644163904000                  20070101                 20361201
GLENN HEIGHTS                75154            TX              100052644163924000                  20070101                 20361201
IRVING                       76137            TX              100052644164244000                  20070101                 20361201
PRYOR                        74361            OK              100052644164454000                  20070101                 20211201
ROWLETT                      75088            TX              100052644164584000                  20070101                 20361201
BURLESON                     76028            TX              100052644164664000                  20070101                 20361201
BOWIE                        76230            TX              100052644164694000                  20070101                 20361201
BALCH SPRINGS                75180            TX              100052644164794000                  20070201                 20370101
BALCH SPRINGS                75180            TX              100052644164804000                  20070201                 20220101
MCKINNEY                     75071            TX              100052644164864000                  20070101                 20361201
DALLAS                       75233            TX              100052644165224000                  20070201                 20370101
WICHITA FALLS                76310            TX              100052644165444000                  20070201                 20370101
FORT WORTH                   76134            TX              100052644165914000                  20070101                 20361201
GRAND PRAIRIE                75051            TX              100052644166004000                  20070101                 20361201
BOWIE                        76230            TX              100052644166014000                  20070201                 20370101
GULFPORT                     39503            MS              100052644166044000                  20070201                 20370101
MAYNARDVILLE                 37807            TN              100052644166194000                  20070201                 20370101
VILONIA                      72173            AR              100052644166214000                  20070101                 20361201
EL PASO                      79936            TX              100052644166234000                  20070101                 20361201
FORT WORTH                   76123            TX              100052644886664000                  20061101                 20361001
VICTORIA                     67671            KS              100052644896884000                  20070101                 20361201
LOWRY CROSSING               75407            TX              100052644910724000                  20070101                 20361201
HAYDEN                       83835            ID              100052644911404000                  20070201                 20370101
TELEPHONE                    75488            TX              100052644911434000                  20070101                 20361201
GRAND PRAIRIE                75052            TX              100052644913254000                  20070101                 20361201
HOUSTON                      77033            TX              100052644913964000                  20070201                 20370101
STANHOPE                     50246            IA              100052644914444000                  20070201                 20370101
PORT NECHES                  77651            TX              100052644919824000                  20070101                 20361201
RICHMOND                     77469            TX              100052644920004000                  20070101                 20361201
DALLAS                       75208            TX              100052644920884000                  20070101                 20361201
SAN ANTONIO                  78239            TX              100052644922144000                  20070101                 20361201
WILLIS                       77378            TX              100052644102904000                  20070101                 20361201
KYLE                         78640            TX              100052644102974000                  20070101                 20361201
HUMBLE                       77346            TX              100052644103124000                  20070101                 20361201
HUNTSVILLE                   77320            TX              100052644103604000                  20070101                 20361201
WILLIS                       77378            TX              100052644104164000                  20070101                 20361201
HOUSTON                      77035            TX              100052644104394000                  20070101                 20361201
KATY                         77493            TX              100052644104414000                  20070101                 20361201
HORIZON CITY                 79928            TX              100052644104474000                  20070101                 20361201
NEW BRAUNFELS                78130            TX              100052644104834000                  20070101                 20361201
PASADENA                     77505            TX              100052644104914000                  20070101                 20361201
HOUSTON                      77086            TX              100052644104984000                  20070101                 20361201
LEANDER                      78641            TX              100052644105184000                  20070101                 20361201
S. OGDEN                     84405            UT              100052616122686000                  20070101                 20361201
BILLINGS                     59106            MT              100052616122986000                  20070101                 20361201
TOOELE                       84074            UT              100052616123076000                  20070101                 20361201
LEHI                         84043            UT              100052616123086000                  20070101                 20361201
WEST VALLEY                  84118            UT              100052616123626000                  20070101                 20361201
SAINT GEORGE                 84790            UT              100052616123716000                  20070101                 20361201
COLORADO SPRING              80907            CO              100052616123776000                  20070101                 20361201
WALDORF                      20602            MD              100052621878391000                  20070101                 20211201
OWINGS MILLS                 21117            MD              100052621878421000                  20070101                 20361201
CHICAGO                      60619            IL              100052624256593000                  20061101                 20361001
CHICAGO                      60619            IL              100052624256633000                  20061101                 20211001
GLENDALE HEIGHT              60139            IL              100052624261203000                  20070101                 20361201
LA MARQUE                    77568            TX              100052643985854000                  20060901                 20360801
LAKE JACKSON                 77566            TX              100052643985864000                  20060901                 20210801
EL PASO                      79928            TX              100052644100994000                  20070101                 20361201
SHOREACRES                   77346            TX              100052644101884000                  20070101                 20361201
EDINBURG                     78541            TX              100052644102454000                  20070101                 20211201
HOUSTON                      77065            TX              100052644102604000                  20070101                 20361201
MONTGOMERY                   77316            TX              100052644102624000                  20070101                 20361201
ANGLETON                     77515            TX              100052644102634000                  20070101                 20361201
HOUSTON                      77045            TX              100052644102774000                  20070101                 20361201
MAGNOLIA                     77354            TX              100052644102794000                  20070101                 20361201
LEADWOOD                     63653            MO              100052686859234000                  20070101                 20361201
ST. LOUIS                    63111            MO              100052686859524000                  20070101                 20361201
LINCOLN                      68510            NE              100052686859574000                  20070101                 20361201
MILFORD                      66514            KS              100052686859594000                  20061201                 20361101
SAINT LOUIS                  63136            MO              100052686859634000                  20061201                 20361101
JESUP                        50648            IA              100052686859704000                  20070101                 20361201
LEAVENWORTH                  66048            KS              100052686859834000                  20061201                 20211101
MASON CITY                   50401            IA              100052686859944000                  20061201                 20361101
INDEPENDENCE                 64056            MO              100052686859974000                  20061201                 20361101
KANSAS CITY                  66112            KS              100052686860284000                  20061201                 20361101
ST. LOUIS                    63137            MO              100052686860294000                  20061201                 20361101
BLAIR                        68008            NE              100052686860304000                  20061201                 20361101
KANSAS CITY                  66104            KS              100052686860394000                  20061201                 20361101
DES MOINES                   50317            IA              100052686860494000                  20061201                 20361101
OMAHA                        68135            NE              100052686860534000                  20070101                 20361201
RAYMORE                      64083            MO              100052686860574000                  20070101                 20361201
SAINT LOUIS                  63138            MO              100052686860594000                  20061201                 20361101
FREEBURG                     62243            IL              100052686860634000                  20070101                 20361201
COUNCIL BLUFFS               51501            IA              100052686860714000                  20061201                 20361101
OLATHE                       66061            KS              100052686860754000                  20061201                 20361101
ST. LOUIS                    63112            MO              100052686860844000                  20061201                 20211101
CANTON                       67428            KS              100052686861004000                  20061201                 20361101
SIBLEY                       64088            MO              100052686861144000                  20070101                 20361201
SAINT LOUIS                  63113            MO              100052686861164000                  20070101                 20361201
TIFFIN                       52340            IA              100052686861434000                  20070101                 20361201
LEE'S SUMMIT                 64081            MO              100052686861524000                  20061201                 20361101
KANSAS CITY                  64109            MO              100052686861574000                  20070101                 20361201
KANSAS CITY                  64128            MO              100052686861674000                  20070101                 20361201
SAINT LOUIS                  63111            MO              100052686861714000                  20070101                 20361201
COUNCIL BLUFFS               51501            IA              100052686861724000                  20070101                 20361201
KANSAS CITY                  64128            MO              100052686861804000                  20070101                 20361201
SAINT LOUIS                  63114            MO              100052686861834000                  20070101                 20361201
KANSAS CITY                  64130            MO              100052686861864000                  20070101                 20361201
ST. LOUIS                    63136            MO              100052686861914000                  20070101                 20361201
LEON                         67074            KS              100052686862014000                  20070101                 20361201
BELLEVUE                     68147            NE              100052686862064000                  20070101                 20361201
WICHITA                      67217            KS              100052686862264000                  20070101                 20361201
KANSAS CITY                  64139            MO              100052686862504000                  20070101                 20361201
KANSAS CITY                  64127            MO              100052686862514000                  20070101                 20361201
OMAHA                        68118            NE              100052686862634000                  20070101                 20361201
KANSAS CITY                  64109            MO              100052686862724000                  20070101                 20361201
OVERLAND PARK                66204            KS              100052686862844000                  20070101                 20361201
HUTCHINSON                   67502            KS              100052686862914000                  20070101                 20361201
BATES CITY                   64011            MO              100052686863034000                  20070101                 20361201
COSBY                        64436            MO              100052686863064000                  20070101                 20361201
WENATCHEE                    98801            WA              100052690001066000                  20061101                 20361001
WEST LINN                    97068            OR              100052690001156000                  20061101                 20361001
BREMERTON                    98310            WA              100052690001236000                  20061201                 20361101
PORTLAND                     97216            OR              100052690807424000                  20061101                 20211001
CAMARILLO                    93010            CA              100052690808533000                  20061201                 20211101
QUARTZ HILL ARE              93536            CA              100052690809073000                  20061201                 20361101
CARSON                       90745            CA              100052690809763000                  20061201                 20211101
APPLE VALLEY AR              92308            CA              100052690809783000                  20061201                 20211101
BUENA PARK                   90620            CA              100052690810093000                  20061201                 20361101
QUARTZ HILL ARE              93536            CA              100052690810233000                  20070101                 20361201
WILMINGTON AREA              90744            CA              100052690810623000                  20061201                 20211101
LOS ANGELES                  90016            CA              100052690810673000                  20070101                 20361201
ADELANTO                     92301            CA              100052690810693000                  20061201                 20361101
LANCASTER AREA               93535            CA              100052690810863000                  20061201                 20361101
NIPOMO                       93444            CA              100052690810903000                  20070101                 20211201
CORONA                       92883            CA              100052690810953000                  20070101                 20361201
VENTURA (AREA O              93023            CA              100052690811163000                  20061201                 20361101
NORTHRIDGE AREA              91325            CA              100052690811183000                  20070101                 20361201
NORTHRIDGE AREA              91344            CA              100052690811203000                  20070101                 20361201
WOODLAND HILLS               91364            CA              100052690811223000                  20070101                 20361201
POMONA                       91767            CA              100052690811353000                  20070101                 20361201
VICTORVILLE                  92392            CA              100052690811433000                  20070101                 20361201
HEMET                        92544            CA              100052690811473000                  20070101                 20211201
MATTAWA                      99349            WA              100052690875176000                  20061101                 20211001
COEUR D ALENE                83814            ID              100052690877496000                  20070101                 20361201
IDAHO FALLS                  83402            ID              100052690877656000                  20061201                 20211101
SPOKANE                      99223            WA              100052690878936000                  20061101                 20361001
EVERETT                      98204            WA              100052690879886000                  20061201                 20211101
SPOKANE                      99207            WA              100052690879906000                  20061201                 20211101
KANSAS CITY                  64128            MO              100052686859164000                  20061201                 20361101
CEDAR RAPIDS                 52404            IA              100052686859184000                  20061201                 20361101
OVERLAND PARK                66212            KS              100052686858664000                  20070101                 20361201
DES MOINES                   50315            IA              100052686858674000                  20061201                 20361101
MAQUOKETA                    52060            IA              100052686858814000                  20061201                 20361101
ST. PETERS                   63376            MO              100052686858974000                  20061201                 20361101
GARDNER                      66030            KS              100052686857474000                  20061201                 20361101
ABBYVILLE                    67510            KS              100052686857604000                  20061201                 20361101
ST. LOUIS                    63136            MO              100052686857664000                  20061201                 20361101
DES MOINES                   50314            IA              100052686857704000                  20061201                 20361101
MAQUOKETA                    52060            IA              100052686857764000                  20061201                 20361101
KANSAS CITY                  64132            MO              100052686857794000                  20061101                 20361001
PERRY                        66073            KS              100052686857934000                  20061201                 20361101
OVERLAND PARK                66210            KS              100052686857954000                  20061101                 20361001
OLATHE                       66062            KS              100052686857974000                  20061201                 20361101
KANSAS CITY                  64137            MO              100052686858034000                  20061201                 20361101
GRANDVIEW                    64030            MO              100052686858154000                  20061201                 20361101
ADAIR                        50002            IA              100052686858164000                  20061201                 20361101
ASHLAND                      68003            NE              100052686858214000                  20061201                 20361101
KANSAS CITY                  64117            MO              100052686858234000                  20061201                 20361101
VIOLA                        67149            KS              100052686858344000                  20061201                 20361101
GRAIN VALLEY                 64029            MO              100052686858544000                  20061201                 20211101
MAQUOKETA                    52060            IA              100052686858594000                  20061201                 20361101
COLORADO SPRING              80915            CO              100052686858634000                  20061201                 20361101
KANSAS CITY                  66109            KS              100052686857334000                  20061101                 20211001
CRESTON                      50801            IA              100052686857424000                  20061201                 20361101
COVINGTON                    30016            GA              100052647017945000                  20070101                 20361201
ELIZABETH CITY               27909            NC              100052647017955000                  20070101                 20361201
FORT WALTON BEA              32548            FL              100052647017985000                  20070101                 20361201
ATLANTA                      30318            GA              100052647018115000                  20070101                 20361201
MCHENRY                      60050            IL              100052647018263000                  20070101                 20361201
HIALEAH                      33015            FL              100052647018385000                  20070101                 20361201
LITHONIA                     30038            GA              100052647018435000                  20070101                 20361201
ORLANDO                      32805            FL              100052647018495000                  20070101                 20361201
PORT SAINT LUCI              34953            FL              100052647018515000                  20070101                 20361201
CLERMONT                     34711            FL              100052647018575000                  20070101                 20361201
MIAMI                        33168            FL              100052647018605000                  20070101                 20361201
CHICAGO                      60639            IL              100052647018663000                  20070101                 20361201
NORTH AUGUSTA                29841            SC              100052647018735000                  20070101                 20361201
ATLANTA                      30314            GA              100052647018755000                  20070101                 20361201
SUNRISE                      33323            FL              100052647018895000                  20070101                 20361201
ATLANTA                      30310            GA              100052647018995000                  20070101                 20361201
NORTHBROOK                   60062            IL              100052647019083000                  20070101                 20361201
SNELLVILLE                   30039            GA              100052647019285000                  20070101                 20361201
CAROL STREAM                 60188            IL              100052647019293000                  20070101                 20361201
ELLENWOOD                    30294            GA              100052647019355000                  20070101                 20361201
TAMPA                        33614            FL              100052647019715000                  20070101                 20361201
COVINGTON                    30014            GA              100052647019805000                  20070101                 20361201
NEWNAN                       30265            GA              100052647019925000                  20070101                 20361201
ELLENWOOD                    30294            GA              100052647020255000                  20070101                 20361201
ORANGE PARK                  32065            FL              100052647020345000                  20070101                 20361201
SCOTTSDALE                   85255            AZ              100052680000831000                  20070101                 20211201
CASA GRANDE                  85222            AZ              100052680000861000                  20061201                 20211101
PHOENIX                      85043            AZ              100052680000871000                  20070101                 20361201
CASA GRANDE                  85222            AZ              100052680893951000                  20061201                 20211101
QUEEN CREEK                  85243            AZ              100052680894201000                  20061201                 20211101
PHOENIX                      85308            AZ              100052680894391000                  20061201                 20361101
SURPRISE                     85388            AZ              100052680894501000                  20061201                 20211101
TUCSON                       85706            AZ              100052680894541000                  20061201                 20211101
QUEEN CREEK                  85242            AZ              100052680895071000                  20070101                 20361201
CASA GRANDE                  85222            AZ              100052680895101000                  20061201                 20361101
NORTH LAS VEGAS              89031            NV              100052680895181000                  20061201                 20211101
LAS VEGAS                    89107            NV              100052680895281000                  20061201                 20361101
GOLD CANYON                  85218            AZ              100052680895401000                  20061201                 20361101
MAYER                        86333            AZ              100052680895441000                  20061201                 20361101
QUEEN CREEK                  85243            AZ              100052680895481000                  20061201                 20361101
KINGMAN                      86409            AZ              100052680895501000                  20061201                 20211101
TUCSON                       85712            AZ              100052680895581000                  20061201                 20361101
SURPRISE                     85387            AZ              100052680895601000                  20061201                 20211101
CASA GRANDE                  85222            AZ              100052680895921000                  20061201                 20211101
LAS VEGAS                    89142            NV              100052680895991000                  20070101                 20361201
GOODYEAR                     85338            AZ              100052680896031000                  20070101                 20361201
SURPRISE                     85388            AZ              100052680896091000                  20061201                 20361101
TOLLESON                     85353            AZ              100052680896111000                  20070101                 20361201
MESA                         85205            AZ              100052680896361000                  20061201                 20361101
QUEEN CREEK                  85242            AZ              100052680896411000                  20070101                 20361201
LAS VEGAS                    89129            NV              100052680896421000                  20070101                 20211201
QUEEN CREEK                  85242            AZ              100052680896511000                  20061201                 20211101
CASA GRANDE                  85222            AZ              100052680896591000                  20070101                 20361201
LAS VEGAS                    89115            NV              100052680896671000                  20070101                 20361201
AVONDALE                     85323            AZ              100052680896701000                  20070101                 20361201
FORT MOHAVE                  86426            AZ              100052680896731000                  20070101                 20361201
QUEEN CREEK                  85242            AZ              100052680896901000                  20070101                 20361201
GLENDALE                     85302            AZ              100052680896941000                  20070101                 20361201
SURPRISE                     85379            AZ              100052680896981000                  20070101                 20361201
NORTH LAS VEGAS              89031            NV              100052680897051000                  20070101                 20361201
SEDONA                       86351            AZ              100052680897101000                  20070101                 20361201
LAS VEGAS                    89107            NV              100052680897201000                  20070101                 20361201
PHOENIX                      85031            AZ              100052680897301000                  20070101                 20361201
PHOENIX                      85041            AZ              100052680897311000                  20070101                 20361201
PHOENIX                      85040            AZ              100052680897401000                  20070101                 20361201
QUEEN CREEK                  85242            AZ              100052680897411000                  20070101                 20361201
QUEEN CREEK                  85243            AZ              100052680897431000                  20070101                 20361201
QUEEN CREEK                  85242            AZ              100052680897451000                  20070101                 20361201
SAHUARITA                    85629            AZ              100052680897511000                  20070101                 20361201
AMADO                        85645            AZ              100052680897561000                  20070101                 20361201
TUCSON                       85711            AZ              100052680897571000                  20070101                 20361201
PHOENIX                      85041            AZ              100052680897601000                  20070101                 20361201
LAVEEN                       85339            AZ              100052680897611000                  20070101                 20361201
SURPRISE                     85379            AZ              100052680897671000                  20070101                 20361201
PEORIA                       85345            AZ              100052680897711000                  20070101                 20361201
SURPRISE                     85388            AZ              100052680897721000                  20070101                 20361201
QUEEN CREEK                  85242            AZ              100052680897761000                  20070101                 20361201
KINGMAN                      86401            AZ              100052680897771000                  20070101                 20361201
PHOENIX                      85029            AZ              100052680897801000                  20070101                 20361201
KANSAS CITY                  64128            MO              100052686853694000                  20061101                 20361001
INDEPENDENCE                 64052            MO              100052686853984000                  20061101                 20361001
CHARLES CITY                 50616            IA              100052686854654000                  20061101                 20361001
INDEPENDENCE                 64052            MO              100052686855524000                  20070101                 20361201
KANSAS CITY                  64138            MO              100052686856234000                  20061201                 20361101
SENECA                       66538            KS              100052686856344000                  20061201                 20211101
LEAVENWORTH                  66048            KS              100052686856504000                  20061201                 20361101
KANSAS CITY                  64129            MO              100052686856594000                  20061201                 20361101
DES MOINES                   50315            IA              100052686856634000                  20061201                 20361101
COUNCIL BLUFFS               51503            IA              100052686856784000                  20061201                 20211101
KANSAS CITY                  64127            MO              100052686857144000                  20061101                 20361001
PALATINE                     60074            IL              100052647017603000                  20070101                 20361201
PORT CHARLOTTE               33954            FL              100052647017635000                  20070101                 20361201
ATLANTA                      30314            GA              100052647017665000                  20070101                 20361201
CHICAGO                      60634            IL              100052647017733000                  20070101                 20361201
ATLANTA                      30317            GA              100052647017735000                  20070101                 20361201
ST CLAIR SHORES              48080            MI              100052647017793000                  20070101                 20361201
CHICAGO                      60641            IL              100052647016093000                  20070101                 20361201
LITHONIA                     30038            GA              100052647016095000                  20061201                 20211101
JACKSON                      49203            MI              100052647016133000                  20070101                 20361201
AURORA                       60505            IL              100052647016273000                  20070101                 20361201
HOFFMAN ESTATES              60169            IL              100052647016293000                  20070101                 20361201
COON RAPIDS                  55433            MN              100052647016373000                  20070101                 20361201
PLAINFIELD                   60544            IL              100052647016423000                  20070101                 20361201
SCHAUMBURG                   60194            IL              100052647016443000                  20070101                 20361201
JACKSONVILLE                 32221            FL              100052647016485000                  20070101                 20361201
DETROIT                      48205            MI              100052647016583000                  20070101                 20361201
RUFFIN                       29475            SC              100052647016645000                  20070101                 20361201
TITUSVILLE                   32796            FL              100052647016665000                  20070101                 20361201
ROSEVILLE                    48066            MI              100052647016713000                  20070101                 20361201
LAKELAND                     33809            FL              100052647016725000                  20070101                 20361201
CHICAGO                      60619            IL              100052647016743000                  20070101                 20361201
RIVERDALE                    30274            GA              100052647016815000                  20070101                 20361201
CHICAGO                      60612            IL              100052647016843000                  20070101                 20361201
CHICAGO HEIGHTS              60411            IL              100052647016933000                  20070101                 20361201
ROCKMART                     30153            GA              100052647016965000                  20070101                 20361201
BOGART                       30622            GA              100052647017015000                  20070101                 20361201
EVANSVILLE                   47714            IN              100052647017303000                  20070101                 20361201
DETROIT                      48235            MI              100052647017313000                  20070101                 20361201
GAINESVILLE                  30506            GA              100052647017345000                  20070101                 20361201
MIRAMAR                      33029            FL              100052647017535000                  20070101                 20361201
MAYWOOD                      60153            IL              100052647015073000                  20070101                 20361201
CHICAGO                      60625            IL              100052647015103000                  20070101                 20361201
ROSEMONT                     60018            IL              100052647015123000                  20070101                 20361201
NEWAYGO                      49337            MI              100052647015343000                  20070101                 20361201
NEWAYGO                      49337            MI              100052647015363000                  20070101                 20211201
ATLANTA                      30318            GA              100052647015395000                  20061201                 20211101
HARVEY                       60426            IL              100052647015503000                  20070101                 20361201
CHICAGO                      60619            IL              100052647015553000                  20070101                 20361201
MILTON                       32571            FL              100052647015675000                  20070101                 20361201
WOODRIDGE                    60517            IL              100052647015733000                  20070101                 20361201
ST LOUIS PARK                55426            MN              100052647015793000                  20070101                 20361201
HIGH POINT                   27262            NC              100052647015815000                  20070101                 20361201
BELLEVILLE                   48111            MI              100052647015933000                  20070101                 20361201
CONYERS                      30013            GA              100052647015965000                  20070101                 20361201
COVINGTON                    30016            GA              100052647014505000                  20070101                 20211201
VALDOSTA                     31605            GA              100052647014525000                  20061201                 20361101
DEFUNIAK SPRING              32433            FL              100052647014565000                  20061201                 20361101
CHICAGO                      60610            IL              100052647014603000                  20070101                 20361201
MACOMB                       48044            MI              100052647014653000                  20070101                 20361201
HIALEAH                      33012            FL              100052647014785000                  20061201                 20361101
ELK RIVER                    55330            MN              100052647014853000                  20070101                 20361201
LAFAYETTE                    47909            IN              100052647014873000                  20070101                 20361201
GATESVILLE                   27938            NC              100052647014905000                  20070101                 20361201
AUGUSTA                      30909            GA              100052647014955000                  20070101                 20361201
MOUNT PROSPECT               60056            IL              100052647014983000                  20070101                 20361201
ROCHELLE                     61068            IL              100052647015033000                  20070101                 20361201
MOUNT VERNON                 47620            IN              100052647013353000                  20070101                 20361201
DETROIT                      48227            MI              100052647013363000                  20070101                 20361201
TAMPA                        33647            FL              100052647013395000                  20061201                 20211101
TEMPLE                       30179            GA              100052647013405000                  20070101                 20361201
DOUGLASVILLE                 30135            GA              100052647013475000                  20061201                 20211101
ROSELLE                      60172            IL              100052647013543000                  20070101                 20361201
ELMORE                       56027            MN              100052647013573000                  20070101                 20361201
CROSS                        29436            SC              100052647013575000                  20070101                 20361201
LECANTO                      34461            FL              100052647013735000                  20061201                 20211101
DECATUR                      30034            GA              100052647013815000                  20061201                 20361101
AUBURN HILLS                 48326            MI              100052647013913000                  20070101                 20361201
LOUISVILLE                   40211            KY              100052647014033000                  20070101                 20361201
GLENDALE HEIGHT              60139            IL              100052647014093000                  20070101                 20361201
RIVERVIEW                    33569            FL              100052647014105000                  20070101                 20211201
SOUTH HOLLAND                60473            IL              100052647014293000                  20070101                 20361201
CHICAGO                      60645            IL              100052647014313000                  20070101                 20361201
MAYWOOD                      60153            IL              100052647014323000                  20070101                 20361201
CHICAGO                      60653            IL              100052647014413000                  20070101                 20361201
LILBURN                      30047            GA              100052647014425000                  20061201                 20361101
DEERFIELD                    60015            IL              100052647014453000                  20070101                 20361201
NEW PORT RICHEY              34654            FL              100052647014465000                  20061201                 20361101
GLENWOOD                     60425            IL              100052647014493000                  20070101                 20361201
INDIANAPOLIS                 46219            IN              100052647012773000                  20070101                 20361201
UNION                        29379            SC              100052647012845000                  20061201                 20361101
CHICAGO                      60615            IL              100052647012863000                  20070101                 20361201
SANFORD                      32771            FL              100052647012865000                  20061201                 20361101
ORLAND PARK                  60462            IL              100052647012873000                  20070101                 20361201
ELGIN                        60120            IL              100052647013073000                  20070101                 20361201
BELLWOOD                     60104            IL              100052647013083000                  20070101                 20361201
JOLIET                       60433            IL              100052647013173000                  20070101                 20361201
STERLING HEIGHT              48310            MI              100052647013293000                  20070101                 20361201
IXONIA                       53036            WI              100052647013333000                  20070101                 20361201
BERWYN                       60402            IL              100052647012133000                  20070101                 20361201
WHEATON                      60187            IL              100052647012153000                  20070101                 20361201
SAUK VILLAGE                 60411            IL              100052647012293000                  20070101                 20361201
GRAND RAPIDS                 49507            MI              100052647012363000                  20070101                 20361201
CHICAGO                      60634            IL              100052647012383000                  20070101                 20361201
CHICAGO                      60639            IL              100052647012413000                  20070101                 20361201
CHICAGO HEIGHTS              60411            IL              100052647012463000                  20070101                 20361201
DETROIT                      48209            MI              100052647012523000                  20070101                 20361201
HAZEL PARK                   48030            MI              100052647012543000                  20070101                 20361201
ROCKFORD                     61104            IL              100052647012563000                  20070101                 20361201
HOLIDAY                      34691            FL              100052647012565000                  20070101                 20361201
WESTCHESTER                  60154            IL              100052647012573000                  20070101                 20361201
MACHESNEY PARK               61115            IL              100052647012613000                  20070101                 20361201
CUMMING                      30040            GA              100052647012625000                  20061201                 20361101
BRADENTON                    34210            FL              100052647011237000                  20070101                 20361201
GLENN DALE                   20769            MD              100052647011351000                  20070101                 20361201
CHARLOTTE                    28227            NC              100052647011495000                  20061101                 20361001
COLLEGE PARK                 30349            GA              100052647011585000                  20061201                 20361101
MONTGOMERY                   60538            IL              100052647011623000                  20070101                 20361201
BANGOR                        4401            ME              100052647011727000                  20070101                 20361201
ROCHESTER HILLS              48306            MI              100052647011763000                  20070101                 20361201
FOX LAKE                     60020            IL              100052647011873000                  20070101                 20361201
ULEN                         56585            MN              100052647011963000                  20070101                 20361201
STONE MOUNTAIN               30087            GA              100052647011995000                  20061201                 20361101
ROCKMART                     30153            GA              100052647012085000                  20061201                 20361101
ROCKMART                     30153            GA              100052647012095000                  20061201                 20211101
SALEM                        47167            IN              100052647010983000                  20070101                 20361201
PROVIDENCE                    2907            RI              100052647011007000                  20070101                 20361201
REDDICK                      60961            IL              100052647011013000                  20070101                 20361201
CHICAGO HEIGHTS              60411            IL              100052647011053000                  20070101                 20361201
HUDSON                        4449            ME              100052647011057000                  20070101                 20361201
KENDUSKEAG                    4450            ME              100052647011067000                  20070101                 20361201
SKOWHEGAN                     4976            ME              100052647011107000                  20070101                 20361201
STAFFORD                     22554            VA              100052647011131000                  20070101                 20361201
AGAWAM                        1001            MA              100052647011157000                  20070101                 20361201
NEW LENOX                    60451            IL              100052647011163000                  20070101                 20361201
UPPER MARLBORO               20774            MD              100052647011191000                  20070101                 20361201
BRIDGEVIEW                   60455            IL              100052647011233000                  20070101                 20361201
WASHINGTON                   20019            DC              100052647010171000                  20070101                 20361201
MAPLEWOOD                     7040            NJ              100052647010197000                  20070101                 20211201
BROOKLINE                     3033            NH              100052647010217000                  20070101                 20261201
3EST WARWICK                  2893            RI              100052647010237000                  20070101                 20211201
WESTBROOK                     4092            ME              100052647010287000                  20070101                 20361201
RALEIGH                      27609            NC              100052647010291000                  20070101                 20361201
BROOKLYN                     11208            NY              100052647010297000                  20070101                 20361201
ATLANTA                      30311            GA              100052647010325000                  20061101                 20211001
ELK RIVER                    55330            MN              100052647010333000                  20070101                 20361201
CARMEL                        4419            ME              100052647010357000                  20070101                 20361201
DISTRICT HEIGHT              20747            MD              100052647010361000                  20070101                 20361201
EVANSVILLE                   47711            IN              100052647010403000                  20070101                 20361201
BROOKLYN                     11207            NY              100052647010427000                  20070101                 20361201
ZEBULON                      27597            NC              100052647010451000                  20070101                 20361201
NORTH ADAMS                   1247            MA              100052647010457000                  20070101                 20361201
JONESBORO                    30238            GA              100052647010465000                  20061201                 20361101
HAMPSTEAD                    21074            MD              100052647010481000                  20070101                 20361201
MOREHEAD CITY                28557            NC              100052647010581000                  20070101                 20361201
LITTLETON                    27850            NC              100052647010681000                  20070101                 20361201
WILMINGTON                   28405            NC              100052647010711000                  20070101                 20361201
COLUMBIA                     29205            SC              100052647010731000                  20070101                 20361201
WARREN                       48089            MI              100052647010863000                  20070101                 20361201
LOCKPORT                     60441            IL              100052647010873000                  20070101                 20361201
FLORHAM PARK                  7932            NJ              100052647010917000                  20070101                 20361201
BURNHAM                       4922            ME              100052647009617000                  20061201                 20211101
BALTIMORE                    21230            MD              100052647009631000                  20070101                 20361201
GREENSBORO                   27406            NC              100052647009641000                  20070101                 20361201
SAINT ALBANS                 11412            NY              100052647009707000                  20070101                 20361201
IRVINGTON                     7111            NJ              100052647009711000                  20070101                 20361201
BREWER                        4412            ME              100052647009787000                  20070101                 20361201
CHICAGO                      60646            IL              100052647009793000                  20070101                 20361201
SANFORD                       4073            ME              100052647009807000                  20070101                 20361201
DORCHESTER                    2124            MA              100052647009907000                  20061201                 20361101
GAINESVILLE                  30507            GA              100052647009925000                  20061101                 20211001
SILVER SPRING                20904            MD              100052647010021000                  20070101                 20361201
ROCKFORD                     61104            IL              100052647010123000                  20070101                 20361201
HERMON                        4401            ME              100052647010147000                  20070101                 20361201
TWO HARBORS                  55616            MN              100052647010153000                  20070101                 20211201
BALTIMORE                    21211            MD              100052647008171000                  20070101                 20361201
WEST STEWARTSTO               3597            NH              100052647008187000                  20061201                 20361101
LOWELL                        1851            MA              100052647008197000                  20061201                 20211101
MIDLOTHIAN                   23114            VA              100052647008201000                  20061201                 20361101
PRINCESS ANNE                21853            MD              100052647008241000                  20061201                 20361101
CHICOPEE                      1013            MA              100052647008277000                  20061201                 20211101
LOWELL                        1854            MA              100052647008297000                  20061201                 20361101
LOWELL                        1854            MA              100052647008307000                  20061201                 20211101
SOUTH OZONE PAR              11420            NY              100052647008327000                  20061201                 20361101
HIGH POINT                   27265            NC              100052647008371000                  20061201                 20361101
ROSEVILLE                    48066            MI              100052647008373000                  20070101                 20361201
BALTIMORE                    21212            MD              100052647008391000                  20070101                 20361201
COUNTRY CLUB HI              60478            IL              100052647008413000                  20061201                 20361101
SPRINGFIELD                   1108            MA              100052647008477000                  20061201                 20361101
SPRINGFIELD                   1108            MA              100052647008497000                  20061201                 20211101
ATHENS                        4912            ME              100052647008607000                  20061201                 20361101
GASTONIA                     28054            NC              100052647008631000                  20061201                 20211101
ESSEX JUNCTION                5452            VT              100052647008647000                  20070101                 20361201
SAINT ALBANS                 11412            NY              100052647008657000                  20070101                 20361201
DIXFIELD                      4224            ME              100052647008697000                  20061201                 20361101
CORONA                       11368            NY              100052647008717000                  20070101                 20361201
BALTIMORE                    21213            MD              100052647008751000                  20061201                 20361101
BAY SHORE                    11706            NY              100052647008757000                  20070101                 20361201
NORTH EAST                   21901            MD              100052647008781000                  20061201                 20361101
EVERETT                       2149            MA              100052647008787000                  20070101                 20211201
EDEN                         27288            NC              100052647008791000                  20061201                 20361101
CHARLOTTE                    28214            NC              100052647008801000                  20070101                 20361201
CRYSTAL LAKE                 60014            IL              100052647008813000                  20070101                 20361201
BALTIMORE                    21218            MD              100052647008851000                  20061201                 20361101
COVENTRY                      2816            RI              100052647008857000                  20061201                 20361101
FRANKLINVILLE                 8322            NJ              100052647008881000                  20070101                 20361201
STEUBEN                       4680            ME              100052647008907000                  20070101                 20211201
NEWARK                       19713            DE              100052647008941000                  20061201                 20361101
CORINNA                       4928            ME              100052647008957000                  20070101                 20361201
ATLANTA                      30318            GA              100052647008975000                  20061101                 20211001
LEXINGTON                    27292            NC              100052647008981000                  20070101                 20361201
HIBBING                      55746            MN              100052647008993000                  20061201                 20361101
SCHAUMBURG                   60194            IL              100052647009023000                  20061201                 20211101
UPPER MARLBORO               20772            MD              100052647009031000                  20061201                 20361101
LIVERMORE FALLS               4254            ME              100052647009067000                  20061201                 20361101
DETROIT                      48223            MI              100052647009083000                  20070101                 20361201
BALTIMORE                    21223            MD              100052647009091000                  20070101                 20361201
METROPOLIS                   62960            IL              100052647009103000                  20070101                 20361201
JAMAICA                      11433            NY              100052647009117000                  20070101                 20361201
SOMERSWORTH                   3878            NH              100052647009137000                  20070101                 20361201
BURLINGTON                   27217            NC              100052647009151000                  20070101                 20361201
RANDALLSTOWN                 21133            MD              100052647009161000                  20061201                 20361101
ROSELLE                      60172            IL              100052647009163000                  20070101                 20361201
CLINTON                      28328            NC              100052647009191000                  20070101                 20361201
CLINTON                      28328            NC              100052647009201000                  20070101                 20211201
RICHMOND                     23222            VA              100052647009241000                  20061201                 20361101
WINSTON SALEM                27127            NC              100052647009251000                  20070101                 20361201
STRASBURG                    22657            VA              100052647009261000                  20070101                 20361201
BEMIDJI                      56601            MN              100052647009313000                  20070101                 20211201
DEKALB                       60115            IL              100052647009323000                  20070101                 20361201
EVANSVILLE                   47714            IN              100052647009403000                  20070101                 20361201
GLEN BURNIE                  21060            MD              100052647009481000                  20070101                 20361201
SPRINGFIELD                   1108            MA              100052647009497000                  20070101                 20361201
UNIVERSITY PARK              60466            IL              100052647009523000                  20070101                 20361201
LINWOOD                      27299            NC              100052647009551000                  20070101                 20211201
PATERSON                      7524            NJ              100052647009577000                  20070101                 20361201
BRISTOL                       2809            RI              100052647009587000                  20070101                 20361201
CHICAGO                      60651            IL              100052647005523000                  20061201                 20361101
CHICAGO                      60619            IL              100052647005583000                  20061201                 20361101
INVER GROVE HEI              55076            MN              100052647005653000                  20061201                 20361101
KNAPP                        54749            WI              100052647005673000                  20061201                 20361101
ALEXANDRIA                   56308            MN              100052647005743000                  20070101                 20211201
AMERY                        54001            WI              100052647005833000                  20061201                 20361101
CHICAGO                      60625            IL              100052647005863000                  20070101                 20211201
NORTH SAINT PAU              55109            MN              100052647005883000                  20061201                 20361101
OXFORD                        4270            ME              100052647005947000                  20061101                 20361001
RALEIGH                      27613            NC              100052647005971000                  20061201                 20361101
LEVERING                     49755            MI              100052647006103000                  20070101                 20361201
AURORA                       60506            IL              100052647006123000                  20070101                 20361201
PORTLAND                      4102            ME              100052647006177000                  20061201                 20361101
MUNDELEIN                    60060            IL              100052647006193000                  20070101                 20361201
PORTLAND                      4102            ME              100052647006207000                  20061201                 20361101
ROLLING MEADOWS              60008            IL              100052647006223000                  20061201                 20361101
GLENBURN                      4401            ME              100052647006297000                  20061201                 20361101
DETROIT                      48223            MI              100052647006313000                  20070101                 20361201
BENTON                        4901            ME              100052647006477000                  20061201                 20211101
BURLINGTON                   27217            NC              100052647006481000                  20061201                 20361101
SWANTON                       5488            VT              100052647006527000                  20061201                 20361101
DETROIT                      48224            MI              100052647006603000                  20070101                 20361201
CHICAGO                      60639            IL              100052647006643000                  20061201                 20361101
CHARLESTOWN                   2813            RI              100052647006687000                  20061201                 20361101
BALTIMORE                    21229            MD              100052647006701000                  20061201                 20361101
EAST GREENWICH                2818            RI              100052647006707000                  20061201                 20361101
CARMEL                        4419            ME              100052647006757000                  20061201                 20361101
PATERSON                      7524            NJ              100052647006817000                  20061201                 20361101
WINSTON SALEM                27103            NC              100052647006851000                  20061101                 20361001
PETERBOROUGH                  3458            NH              100052647006897000                  20061201                 20361101
JONESPORT                     4649            ME              100052647006937000                  20061201                 20361101
PORTLAND                      4103            ME              100052647007027000                  20061201                 20361101
ELGIN                        60123            IL              100052647007113000                  20061201                 20211101
WOODBRIDGE                    7095            NJ              100052647007117000                  20061201                 20361101
HYATTSVILLE                  20782            MD              100052647007131000                  20061201                 20361101
BLOOMINGTON                  47401            IN              100052647007143000                  20070101                 20361201
ROCKFORD                     61103            IL              100052647007153000                  20061201                 20361101
BALTIMORE                    21206            MD              100052647007221000                  20061201                 20361101
HAMMOND                      46324            IN              100052647007253000                  20070101                 20361201
HOLBROOK                      2343            MA              100052647007287000                  20070101                 20361201
PATERSON                      7524            NJ              100052647007327000                  20061201                 20211101
SHAPLEIGH                     4076            ME              100052647007397000                  20070101                 20361201
WATERVILLE                    4901            ME              100052647007447000                  20061201                 20361101
FALL RIVER                    2724            MA              100052647007457000                  20061201                 20361101
ALBANY                       12206            NY              100052647007527000                  20070101                 20361201
MOUNT HOLLY                  28120            NC              100052647007531000                  20061201                 20211101
MERRIMACK                     3054            NH              100052647007567000                  20061201                 20211101
BALTIMORE                    21201            MD              100052647007571000                  20061201                 20361101
LANDOVER                     20785            MD              100052647007581000                  20061201                 20211101
MANCHESTER                    6040            CT              100052647007587000                  20061201                 20361101
CHICAGO                      60651            IL              100052647007633000                  20061201                 20361101
BARRE                         5641            VT              100052647007637000                  20070101                 20361201
CHICAGO                      60625            IL              100052647007693000                  20070101                 20361201
NASHUA                        3060            NH              100052647007737000                  20061201                 20361101
CENTRAL ISLIP                11722            NY              100052647007757000                  20061201                 20361101
AURORA                       60505            IL              100052647007783000                  20061201                 20361101
BREWER                        4412            ME              100052647007797000                  20061201                 20361101
CUMBERLAND FORE               4110            ME              100052647007807000                  20061201                 20361101
SALISBURY                    21804            MD              100052647007811000                  20061201                 20361101
PETERBOROUGH                  3458            NH              100052647007827000                  20061201                 20211101
GLEN ALLEN                   23060            VA              100052647007841000                  20061201                 20361101
REHOBOTH                      2769            MA              100052647007867000                  20061201                 20361101
POOLESVILLE                  20837            MD              100052647007881000                  20061201                 20361101
CHICAGO                      60617            IL              100052647008093000                  20070101                 20361201
NORTH PROVIDENC               2904            RI              100052647008157000                  20070101                 20361201
CHARLOTTE                    28216            NC              100052647008161000                  20061201                 20361101
DAVENPORT                    52802            IA              100052644918374000                  20061201                 20361101
SHELTON                      98584            WA              100052644918734000                  20061201                 20361101
DES MOINES                   50312            IA              100052644918754000                  20070101                 20211201
CARL JUNCTION                64834            MO              100052644918794000                  20070101                 20361201
MARSHFIELD                   65706            MO              100052644919284000                  20070101                 20361201
BOELUS                       68820            NE              100052644919674000                  20070101                 20361201
GUTHRIE CENTER               50115            IA              100052644919754000                  20070101                 20361201
OLATHE                       66062            KS              100052644919844000                  20070101                 20211201
LUFKIN                       75901            TX              100052644919864000                  20070101                 20361201
MANSFIELD                    76063            TX              100052644919974000                  20070101                 20361201
BRANDON                      33511            FL              100052644920324000                  20070101                 20361201
BLACK CANYON CI              85324            AZ              100052644920404000                  20070101                 20361201
CARLSBAD                     88220            NM              100052644920504000                  20070101                 20361201
MISSION VIEJO                92694            CA              100052644920604000                  20070101                 20361201
APLINGTON                    50604            IA              100052644920734000                  20070101                 20361201
ELDON                        65026            MO              100052644920764000                  20070101                 20361201
NEWTON                       67114            KS              100052644920994000                  20070101                 20361201
LINDEN                       50146            IA              100052644921014000                  20070101                 20361201
OKEECHOBEE                   34974            FL              100052644921734000                  20070101                 20361201
BOONE                        50036            IA              100052644921844000                  20070101                 20361201
LA PORTE                     77571            TX              100052644921934000                  20070101                 20361201
WICHITA                      67207            KS              100052644921944000                  20070101                 20361201
NEWTON                       50208            IA              100052644922014000                  20070101                 20361201
PERRY                        66073            KS              100052644922254000                  20070101                 20361201
GRANGER                      50109            IA              100052644922384000                  20070101                 20361201
FRANKFORT                    46041            IN              100052644922404000                  20070101                 20361201
HARTLEY                      51346            IA              100052644922554000                  20070101                 20361201
WALLLA WALLA                 99362            WA              100052644922574000                  20070101                 20361201
SHALIMAR                     32579            FL              100052644922624000                  20070101                 20361201
CONWAY SPRINGS               67031            KS              100052644923384000                  20070101                 20361201
SACRAMENTO                   95823            CA              100052644923534000                  20070101                 20361201
LATHROP                      64465            MO              100052644923644000                  20070101                 20361201
CHARLESTON                   29414            SC              100052644923724000                  20070101                 20361201
DIXON IL 61021               61021            IL              100052644923734000                  20070101                 20361201
COVINGTON                    38019            TN              100052644923854000                  20070101                 20361201
EVERETT                      98201            WA              100052644923894000                  20070101                 20361201
LAS VEGAS                    89139            NV              100052644924244000                  20070101                 20361201
AURORA                       65605            MO              100052644924614000                  20070101                 20361201
FRANKLIN                     37064            TN              100052644924674000                  20070101                 20361201
INDEPENDENCE                 64050            MO              100052644925184000                  20070101                 20361201
INDEPENDENCE                 64050            MO              100052644925474000                  20070101                 20361201
PHOENIX                      85040            AZ              100052644925954000                  20070101                 20361201
MEMPHIS                      38108            TN              100052644926074000                  20070101                 20211201
ATKINS                       52206            IA              100052644926194000                  20070101                 20361201
WINLOCK                      98596            WA              100052644926404000                  20070101                 20361201
BRYANT                       72022            AR              100052644926694000                  20070101                 20361201
INVERNESS                    34450            FL              100052644926854000                  20070101                 20361201
LAS VEGAS                    89139            NV              100052644926974000                  20070101                 20211201
MEMPHIS                      38115            TN              100052644926994000                  20070101                 20361201
NORTH LAS VEGAS              89031            NV              100052644927174000                  20070101                 20361201
SHREVEPORT                   71115            LA              100052644927394000                  20070101                 20361201
SIOUX CITY                   51104            IA              100052644927504000                  20070101                 20361201
VANCOUVER                    98682            WA              100052644927524000                  20070101                 20361201
ALBUQUERQUE                  87121            NM              100052644927864000                  20070101                 20361201
INDIANOLA                    50125            IA              100052644928304000                  20070101                 20361201
PORTLAND                     97211            OR              100052644928314000                  20070101                 20361201
NORTH LAS VEGAS              89031            NV              100052644928694000                  20070101                 20211201
RAPIDS CITY                  61278            IL              100052644928874000                  20070101                 20361201
MIAMI                        33157            FL              100052644929064000                  20070101                 20361201
EXETER                       65647            MO              100052644929094000                  20070101                 20361201
WICHITA                      67214            KS              100052644929154000                  20070101                 20361201
VANCOUVER                    98682            WA              100052644929504000                  20070101                 20211201
BARTLESVILLE                 74006            OK              100052644929574000                  20070101                 20361201
WORTH                        60482            IL              100052644929724000                  20070101                 20361201
MESA                         85213            AZ              100052644930114000                  20070101                 20361201
NORFOLK                      68701            NE              100052644930214000                  20070101                 20361201
WEST DES MOINES              50265            IA              100052644930244000                  20070101                 20361201
BETTENDORF                   52722            IA              100052644930254000                  20070101                 20361201
HEWITT                       76643            TX              100052644930394000                  20070101                 20361201
FORT SMITH                   72903            AR              100052644930564000                  20070101                 20361201
WICHITA                      67204            KS              100052644930674000                  20070101                 20361201
ENUMCLAW                     98022            WA              100052644931284000                  20070101                 20361201
CRAWFORDSVILLE               52621            IA              100052644931664000                  20070101                 20361201
EVERETT                      98205            WA              100052644932024000                  20070101                 20361201
EVERETT                      98204            WA              100052644932114000                  20070101                 20361201
LINDSBORG                    67456            KS              100052644932464000                  20070101                 20361201
TACOMA                       98404            WA              100052644932694000                  20070101                 20361201
PUYALLUP                     98374            WA              100052644932744000                  20070101                 20361201
BATTLE GROUND                47920            IN              100052644933004000                  20070101                 20361201
WATAUGA                      76137            TX              100052644933204000                  20070101                 20361201
DAVENPORT                    52803            IA              100052644933524000                  20070101                 20361201
LAKE STEVENS                 98258            WA              100052644933694000                  20070101                 20361201
PLAINFIELD                   60586            IL              100052647000033000                  20061201                 20361101
PLAINFIELD                   60586            IL              100052647000153000                  20061201                 20211101
BROOKLYN PARK                55443            MN              100052647000203000                  20061201                 20361101
BROOKLYN PARK                55443            MN              100052647000213000                  20061201                 20211101
OAKLAND CITY                 47660            IN              100052647000253000                  20061201                 20361101
BRITTON                      49229            MI              100052647000393000                  20070101                 20361201
MACHESNEY PARK               61115            IL              100052647000583000                  20061201                 20361101
DETROIT                      48223            MI              100052647000593000                  20061201                 20211101
ELGIN                        60123            IL              100052647000653000                  20061201                 20361101
BENSENVILLE                  60106            IL              100052647000673000                  20061201                 20361101
MIDLAND                      48642            MI              100052647000683000                  20061201                 20361101
CRYSTAL                      55427            MN              100052647000773000                  20061201                 20361101
THIEF RIVER FAL              56701            MN              100052647000933000                  20061201                 20361101
SAUK VILLAGE                 60411            IL              100052647001023000                  20061201                 20361101
DETROIT                      48204            MI              100052647001043000                  20061201                 20211101
EVELETH                      55734            MN              100052647001053000                  20061201                 20361101
GLENDALE HEIGHT              60139            IL              100052647001153000                  20061201                 20211101
GREENWOOD                    46143            IN              100052647001233000                  20061201                 20361101
BURNSVILLE                   55337            MN              100052647001303000                  20061201                 20361101
ROCKFORD                     61103            IL              100052647001353000                  20061201                 20211101
GILBERTSVILLE                42044            KY              100052647001413000                  20061201                 20361101
KOKOMO                       46902            IN              100052647001623000                  20061201                 20361101
HUTCHINSON                   55350            MN              100052647001713000                  20061201                 20361101
ZIMMERMAN                    55398            MN              100052647001793000                  20061201                 20361101
CAMBRIA                      53923            WI              100052647001803000                  20061201                 20361101
MAPLE GROVE                  55369            MN              100052647001963000                  20061201                 20211101
STREAMWOOD                   60107            IL              100052647002053000                  20061201                 20361101
CHICAGO                      60619            IL              100052647002093000                  20061201                 20361101
MATTESON                     60443            IL              100052647002113000                  20061201                 20361101
MINNEAPOLIS                  55411            MN              100052647002123000                  20061201                 20211101
MATTESON                     60443            IL              100052647002133000                  20061201                 20211101
SPRING LAKE                  49456            MI              100052647002223000                  20061201                 20361101
OTTAWA                       61350            IL              100052647002383000                  20070101                 20361201
SAINT PAUL                   55106            MN              100052647002423000                  20061201                 20211101
CHICAGO                      60617            IL              100052647002433000                  20061201                 20361101
CRETE                        60417            IL              100052647002503000                  20061201                 20361101
POPLAR GROVE                 61065            IL              100052647002583000                  20061201                 20361101
BOONVILLE                    47601            IN              100052647002713000                  20061201                 20361101
HAZEL CREST                  60429            IL              100052647002773000                  20061201                 20361101
DAWSON                       56232            MN              100052647002863000                  20061201                 20361101
UNIVERSITY PARK              60466            IL              100052647003263000                  20061201                 20211101
JORDAN                       55352            MN              100052647003373000                  20061201                 20211101
MAYWOOD                      60153            IL              100052647003383000                  20061201                 20361101
ROCKFORD                     61101            IL              100052647003423000                  20061201                 20361101
LITTLE CANADA                55117            MN              100052647003483000                  20061201                 20211101
DAVIS JUNCTION               61020            IL              100052647003493000                  20061201                 20361101
BUFFALO                      55313            MN              100052647003643000                  20061201                 20211101
BOLINGBROOK                  60440            IL              100052647003693000                  20061201                 20211101
CHICAGO                      60641            IL              100052647003933000                  20061201                 20361101
TAYLOR                       48180            MI              100052647003993000                  20061201                 20361101
ATWATER                      56209            MN              100052647004013000                  20061201                 20361101
SOUTH PARIS                   4281            ME              100052647004077000                  20061201                 20361101
NEW RICHMOND                 54017            WI              100052647004153000                  20061201                 20361101
CHICAGO                      60651            IL              100052647004373000                  20061201                 20361101
NEW RICHMOND                 54017            WI              100052647004423000                  20061201                 20211101
AUBURN HILLS                 48326            MI              100052647004483000                  20061201                 20361101
SAUK VILLAGE                 60411            IL              100052647004523000                  20070101                 20361201
BEAVER DAM                   42320            KY              100052647004633000                  20061201                 20361101
LA SALLE                     61301            IL              100052647004653000                  20061201                 20361101
DAVISON                      48423            MI              100052647004743000                  20061201                 20361101
OXFORD                        4270            ME              100052647004917000                  20061101                 20361001
MINNETONKA                   55345            MN              100052647005083000                  20061201                 20361101
NEWBURGH                     47630            IN              100052647005123000                  20061201                 20361101
CHICAGO                      60625            IL              100052647005233000                  20061201                 20361101
JOLIET                       60435            IL              100052647005273000                  20061201                 20361101
CONCORDIA                    66901            KS              100052644904944000                  20061201                 20361101
SPRINGFIELD                  65803            MO              100052644905204000                  20061201                 20361101
MARQUETTE HEIGH              61554            IL              100052644905214000                  20070101                 20361201
FRANKFORT                    46041            IN              100052644905224000                  20061201                 20361101
NASHVILLE                    37207            TN              100052644905534000                  20070101                 20361201
MOUNT PROSPECT               60056            IL              100052644905604000                  20061201                 20361101
GRAND PRAIRIE                75052            TX              100052644905764000                  20070101                 20361201
SHERMAN                      75090            TX              100052644906294000                  20061201                 20261101
ELDORA                       50627            IA              100052644906364000                  20061201                 20261101
MIDLOTHIAN                   60445            IL              100052644906424000                  20070101                 20361201
LIBERAL                      67901            KS              100052644906624000                  20070101                 20211201
HOUSTON                      77054            TX              100052644906664000                  20061201                 20361101
CEDAR RAPIDS                 52402            IA              100052644906734000                  20070101                 20361201
ABILENE                      79603            TX              100052644907184000                  20061201                 20361101
KANSAS CITY                  64119            MO              100052644907574000                  20070101                 20361201
TACOMA                       98408            WA              100052644908184000                  20070101                 20361201
OSCEOLA                      50213            IA              100052644908534000                  20061201                 20361101
GENESEO                      61254            IL              100052644908634000                  20070101                 20361201
SEAGOVILLE                   75159            TX              100052644908664000                  20070101                 20361201
SEATTLE                      98126            WA              100052644908874000                  20061201                 20361101
OLYMPIA                      98501            WA              100052644909254000                  20061201                 20211101
NEW ORLEANS                  70126            LA              100052644909264000                  20070101                 20361201
TACOMA                       98408            WA              100052644909484000                  20061201                 20361101
ARLINGTON                    98223            WA              100052644909534000                  20061201                 20361101
DALLAS                       75236            TX              100052644909794000                  20061201                 20361101
MONROE                       50170            IA              100052644909854000                  20061201                 20361101
CEDAR FALLS                  50613            IA              100052644910024000                  20061201                 20361101
SHERMAN                      75090            TX              100052644910114000                  20070101                 20361201
COMBINE                      75159            TX              100052644910414000                  20070101                 20361201
HOUSTON                      77066            TX              100052644910464000                  20070101                 20361201
MERIAM                       66202            KS              100052644910554000                  20061201                 20361101
BLUE RIDGE                   75424            TX              100052644910764000                  20061201                 20361101
KANSAS CITY                  64138            MO              100052644911094000                  20061201                 20361101
SPRINGFIELD                  65802            MO              100052644911664000                  20061201                 20361101
HAMILTON                     64644            MO              100052644912164000                  20061201                 20361101
CONROE                       77303            TX              100052644912204000                  20070101                 20361201
KENNEWICK                    99336            WA              100052644912284000                  20061201                 20361101
KNOXVILLE                    50138            IA              100052644912804000                  20070101                 20361201
HUMBLE                       77346            TX              100052644912984000                  20061201                 20361101
WELLINGTON                   79095            TX              100052644913414000                  20070101                 20361201
BUTLER                       64730            MO              100052644913544000                  20070101                 20361201
SPRINGFIELD                  65803            MO              100052644913584000                  20070101                 20361201
PANAMA CITY BEA              32407            FL              100052644913754000                  20070101                 20361201
SARITA                       78385            TX              100052644913854000                  20070101                 20361201
POTTSBORO                    75076            TX              100052644913974000                  20061201                 20361101
MASON CITY                   50401            IA              100052644914224000                  20070101                 20361201
NICKERSON                    67561            KS              100052644914524000                  20070101                 20361201
GRANDVIEW                    64030            MO              100052644915474000                  20070101                 20361201
MIRAMAR                      33025            FL              100052644915494000                  20070101                 20361201
CLEARWATER                   67052            KS              100052644915584000                  20070101                 20361201
LEAVENWORTH                  66048            KS              100052644915684000                  20070101                 20361201
INDEPENDENCE                 64052            MO              100052644915704000                  20070101                 20361201
BLOOMINGTON                  47401            IN              100052644915754000                  20070101                 20361201
INDEPENDENCE                 64050            MO              100052644916464000                  20070101                 20361201
WATERLOO                     50702            IA              100052644916494000                  20070101                 20361201
SANTA ROSA BEAC              32459            FL              100052644916504000                  20070101                 20361201
LARGO                        33770            FL              100052644916974000                  20070101                 20361201
SEARCY                       72143            AR              100052644917134000                  20070101                 20361201
BEAVERTON                    97006            OR              100052644917494000                  20070101                 20361201
GRINNELL                     50112            IA              100052644917854000                  20070101                 20361201
SEAGOVILLE                   75159            TX              100052644918204000                  20070101                 20361201
BOONVILLE                    65233            MO              100052644918264000                  20070101                 20361201
SPRINGDALE                   72762            AR              100052644164334000                  20070101                 20361201
MIDDLETON                    38052            TN              100052644164504000                  20070101                 20211201
SAN ANTONIO                  78221            TX              100052644164574000                  20070101                 20361201
EDMOND                       73034            OK              100052644164614000                  20070101                 20361201
DALLAS                       75204            TX              100052644164644000                  20070101                 20361201
PEARCY                       71964            AR              100052644164764000                  20070101                 20361201
FORT WORTH                   76120            TX              100052644164904000                  20070101                 20361201
CEDAR HILL                   75104            TX              100052644164954000                  20070101                 20361201
HOUSTON                      77095            TX              100052644164984000                  20070101                 20361201
MEMPHIS                      38118            TN              100052644165114000                  20070101                 20361201
TYLER                        75704            TX              100052644165124000                  20070101                 20361201
BENTON                       72019            AR              100052644165154000                  20070101                 20361201
NORTH LITTLE RO              72114            AR              100052644165184000                  20070101                 20361201
WYLIE                        75098            TX              100052644165264000                  20070101                 20361201
HOUSTON                      77089            TX              100052644165324000                  20070101                 20361201
LITTLETON                    80124            CO              100052644165344000                  20070101                 20361201
DENTON                       76201            TX              100052644165434000                  20070101                 20361201
ATHENS                       37303            TN              100052644165534000                  20070101                 20361201
GRAND PRAIRIE                75052            TX              100052644165624000                  20070101                 20361201
ARLINGTON                    76011            TX              100052644165654000                  20070101                 20361201
GRAND PRAIRIE                75051            TX              100052644165664000                  20070101                 20361201
CHILDRESS                    79201            TX              100052644165704000                  20070101                 20361201
CARROLLTON                   75007            TX              100052644165834000                  20070101                 20361201
ARLINGTON                    76001            TX              100052644165864000                  20070101                 20361201
PROVIDENCE VILL              76227            TX              100052644165954000                  20070101                 20361201
PROVIDENCE VILL              76227            TX              100052644165964000                  20070101                 20211201
SEVIERVILLE                  37862            TN              100052644166174000                  20070101                 20361201
FRESNO                       77545            TX              100052644848674000                  20070101                 20361201
DESOTO                       75115            TX              100052644855994000                  20061201                 20361101
SOUTH HAVEN                  67140            KS              100052644859814000                  20070101                 20361201
BURRTON                      67020            KS              100052644869274000                  20061101                 20361001
SAN JACINTO                  92583            CA              100052644873164000                  20070101                 20361201
PERU                         67360            KS              100052644873574000                  20061101                 20361001
ATLANTA                      30315            GA              100052644874074000                  20061101                 20361001
GAINESVILLE                  76240            TX              100052644881314000                  20061201                 20361101
ALBUQUERQUE                  87102            NM              100052644884044000                  20061101                 20361001
CITY NAME                    77338            TX              100052644884424000                  20061201                 20361101
SOLDIER                      51572            IA              100052644884744000                  20061201                 20361101
DODGE CITY                   67801            KS              100052644887304000                  20061201                 20361101
BRANSON                      65616            MO              100052644887524000                  20061101                 20361001
ALLEN                        75002            TX              100052644887534000                  20070101                 20361201
ALTO PASS                    62905            IL              100052644888854000                  20061201                 20361101
ARLINGTON                    76018            TX              100052644889764000                  20061201                 20361101
FORT WORTH                   76106            TX              100052644890934000                  20061201                 20361101
SIKESTON                     63801            MO              100052644890974000                  20070101                 20361201
CONVERSE                     46919            IN              100052644891304000                  20061201                 20361101
THE DALLES                   97058            OR              100052644891314000                  20070101                 20361201
HUMBLE                       77396            TX              100052644891534000                  20061201                 20211101
KELSO                        98626            WA              100052644892454000                  20061201                 20361101
BATESVILLE                   38606            MS              100052644892524000                  20061201                 20361101
GUN BARREL CITY              75156            TX              100052644892914000                  20061201                 20361101
ERIE                         61250            IL              100052644893864000                  20061201                 20361101
WATERLOO                     50703            IA              100052644894454000                  20061201                 20361101
VILLAGE MILLS                77663            TX              100052644894684000                  20061201                 20361101
IOWA CITY                    52240            IA              100052644895404000                  20061201                 20361101
SHREWSBURY                    1545            MA              100052644895484000                  20061201                 20361101
GILMER                       75645            TX              100052644896294000                  20061201                 20361101
LITTLE ROCK                  72204            AR              100052644896504000                  20061201                 20361101
COLLEGE STATION              77845            TX              100052644896574000                  20061201                 20361101
TRENTON                      64683            MO              100052644896844000                  20061201                 20361101
DIBOLL                       75941            TX              100052644897984000                  20061101                 20361001
OMAHA                        68124            NE              100052644898084000                  20061201                 20361101
PERRYVILLE                   63775            MO              100052644898274000                  20061201                 20361101
COVINGTON                    38019            TN              100052644898484000                  20061201                 20361101
CARSON                       51525            IA              100052644898514000                  20061201                 20361101
GRANDVIEW                    64030            MO              100052644898904000                  20070101                 20361201
LEBANON                      65536            MO              100052644898994000                  20061201                 20361101
DALLAS                       75252            TX              100052644899044000                  20061201                 20361101
OLYMPIA                      98501            WA              100052644899204000                  20061201                 20361101
ALFORD                       32420            FL              100052644899294000                  20070101                 20361201
BARTLESVILLE                 74003            OK              100052644899564000                  20061201                 20361101
OSAWATOMIE                   66064            KS              100052644899654000                  20061101                 20211001
FRANKFORT                    46041            IN              100052644900014000                  20061201                 20361101
PROSSER                      99350            WA              100052644900424000                  20061201                 20211101
MINGO                        50168            IA              100052644900734000                  20061201                 20361101
THE WOODLANDS                77380            TX              100052644900744000                  20070101                 20211201
WICHITA                      67217            KS              100052644901164000                  20061201                 20361101
WINFIELD                     67156            KS              100052644901374000                  20070101                 20361201
MEMPHIS                      38128            TN              100052644901514000                  20070101                 20361201
KANSAS CITY                  64114            MO              100052644901574000                  20070101                 20361201
FORT WORTH                   76120            TX              100052644901664000                  20061201                 20361101
N. RICHLAND HIL              76180            TX              100052644901684000                  20070101                 20361201
FORT LAUDERDALE              33317            FL              100052644902034000                  20061201                 20361101
HOUSTON                      77035            TX              100052644902044000                  20061201                 20361101
GAINESVILLE                  76240            TX              100052644902344000                  20070101                 20361201
FORT LAUDERDALE              33317            FL              100052644902384000                  20061201                 20211101
FRANKFORT                    46041            IN              100052644902444000                  20061201                 20361101
OSAWATOMIE                   66064            KS              100052644902484000                  20061201                 20211101
ROWLETT                      75089            TX              100052644903164000                  20061201                 20361101
LACY LAKEVIEW                76705            TX              100052644903624000                  20061201                 20361101
KANSAS CITY                  64117            MO              100052644903734000                  20070101                 20361201
SAN ANTONIO                  78249            TX              100052644903744000                  20070101                 20361201
SALEM                        97317            OR              100052644904574000                  20070101                 20361201
WASHINGTON                   52353            IA              100052644904684000                  20061201                 20361101
FT LAUDERDALE                33309            FL              100052644904834000                  20070101                 20361201
WICHITA                      67207            KS              100052644904924000                  20061201                 20361101
GLENN HEIGHTS                75154            TX              100052644161804000                  20070101                 20211201
CADDO MILLS                  75135            TX              100052644161884000                  20070101                 20211201
OKLAHOMA CITY                73159            OK              100052644161934000                  20070101                 20361201
OKLAHOMA CITY                73159            OK              100052644161944000                  20070101                 20211201
ALVARADO                     76009            TX              100052644161954000                  20070101                 20361201
ROSENBERG                    77471            TX              100052644161974000                  20070101                 20361201
CORDOVA                      38016            TN              100052644162004000                  20070101                 20361201
BOSSIER CITY                 71112            LA              100052644162024000                  20070101                 20361201
FATE                         75189            TX              100052644162054000                  20070101                 20361201
MEMPHIS                      38133            TN              100052644162084000                  20061201                 20361101
DALLAS                       75206            TX              100052644162094000                  20070101                 20361201
LAMAR                        38642            MS              100052644162114000                  20070101                 20361201
EULESS                       76039            TX              100052644162314000                  20070101                 20361201
FORT WORTH                   76140            TX              100052644162404000                  20070101                 20361201
CECILIA                      42724            KY              100052644162424000                  20070101                 20361201
CROWLEY                      76036            TX              100052644162434000                  20070101                 20361201
LAS VEGAS                    89119            NV              100052644162524000                  20070101                 20361201
CROWLEY                      76036            TX              100052644162564000                  20070101                 20211201
BATON ROUGE                  70805            LA              100052644162784000                  20070101                 20361201
EL PASO                      79924            TX              100052644162794000                  20070101                 20361201
KATY                         77449            TX              100052644162874000                  20070101                 20361201
LAKE WORTH                   76135            TX              100052644163084000                  20070101                 20361201
GARLAND                      75043            TX              100052644163094000                  20070101                 20361201
ANTIOCH                      37013            TN              100052644163104000                  20070101                 20361201
ANTIOCH                      37013            TN              100052644163114000                  20070101                 20211201
GARLAND                      75043            TX              100052644163194000                  20070101                 20211201
ALLEN                        75013            TX              100052644163254000                  20070101                 20361201
ALLEN                        75013            TX              100052644163264000                  20070101                 20211201
HARRAH                       73045            OK              100052644163284000                  20070101                 20361201
EL PASO COUNTY               79928            TX              100052644163304000                  20070101                 20361201
TULSA                        74115            OK              100052644163374000                  20070101                 20361201
DALLAS                       75241            TX              100052644163424000                  20070101                 20361201
FATE                         75132            TX              100052644163474000                  20070101                 20211201
DALLAS                       75228            TX              100052644163484000                  20070101                 20361201
LEWISVILLE                   75067            TX              100052644163504000                  20070101                 20361201
FORT WORTH                   76248            TX              100052644163554000                  20070101                 20211201
SAN ANTONIO                  78254            TX              100052644163594000                  20070101                 20361201
EL PASO                      79927            TX              100052644163644000                  20070101                 20361201
MCKINNEY                     75070            TX              100052644163654000                  20070101                 20361201
DENVER                       80210            CO              100052644163674000                  20070101                 20361201
TUPELO                       38801            MS              100052644163684000                  20070101                 20361201
AZLE                         76020            TX              100052644163724000                  20070101                 20361201
ROCKWALL                     75032            TX              100052644163754000                  20070101                 20361201
KATY                         77494            TX              100052644163934000                  20070101                 20361201
FORT WORTH                   76052            TX              100052644163984000                  20070101                 20361201
RICHMOND                     77469            TX              100052644164014000                  20070101                 20361201
MEMPHIS                      38118            TN              100052644164084000                  20070101                 20361201
DERBY                        67037            KS              100052644164144000                  20070101                 20361201
CABOT                        72023            AR              100052644164204000                  20070101                 20361201
HOUMA                        70364            LA              100052644164274000                  20070101                 20361201
SINTON                       78387            TX              100052644160944000                  20070101                 20361201
EL PASO                      79938            TX              100052644160974000                  20070101                 20361201
FORT WORTH                   76148            TX              100052644161054000                  20061201                 20361101
MEMPHIS                      38118            TN              100052644161064000                  20070101                 20361201
WOODLAWN                     37191            TN              100052644161124000                  20070101                 20361201
WOODLAWN                     37191            TN              100052644161134000                  20070101                 20211201
BROKEN ARROW                 74012            OK              100052644161184000                  20070101                 20211201
WICHITA FALLS                76309            TX              100052644161314000                  20061201                 20211101
HUTTO                        78634            TX              100052644161384000                  20070101                 20211201
BOLIVAR                      38008            TN              100052644161434000                  20070101                 20361201
BOLIVAR                      38008            TN              100052644161444000                  20070101                 20211201
GARLAND                      75041            TX              100052644161704000                  20070101                 20361201
RICHARDSON                   75081            TX              100052644158364000                  20070101                 20361201
MESQUITE                     75149            TX              100052644158394000                  20070101                 20211201
MESQUITE                     75149            TX              100052644158464000                  20061201                 20211101
MESQUITE                     75181            TX              100052644158494000                  20061201                 20361101
FORT WORTH                   76137            TX              100052644158674000                  20061201                 20211101
DELIGHT                      71940            AR              100052644158774000                  20061201                 20361101
MEMPHIS                      38133            TN              100052644158854000                  20061201                 20211101
WELCH                        74369            OK              100052644158864000                  20070101                 20361201
PARIS                        75460            TX              100052644159004000                  20061201                 20361101
FATE                         75132            TX              100052644159024000                  20061201                 20211101
SOUTHAVEN                    38671            MS              100052644159244000                  20070101                 20361201
FLINT                        75762            TX              100052644159404000                  20070101                 20361201
WHITEHOUSE                   75791            TX              100052644159424000                  20061201                 20211101
GARLAND                      75042            TX              100052644159434000                  20061201                 20361101
FATE                         75132            TX              100052644159524000                  20061201                 20361101
ALVIN                        77511            TX              100052644159634000                  20061201                 20211101
LAREDO                       78046            TX              100052644159794000                  20061201                 20211101
INOLA                        74036            OK              100052644159804000                  20061201                 20361101
AZLE                         76020            TX              100052644159814000                  20061201                 20361101
MERCEDES                     78570            TX              100052644159854000                  20070101                 20361201
ARLINGTON                    76001            TX              100052644159864000                  20061201                 20361101
DUMAS                        71639            AR              100052644159874000                  20061201                 20361101
WINNSBORO                    75494            TX              100052644159984000                  20070101                 20361201
ARLINGTON                    38002            TN              100052644160034000                  20061201                 20361101
SANGER                       76266            TX              100052644160044000                  20061201                 20361101
SAND SPRINGS                 74063            OK              100052644160084000                  20070101                 20361201
ODESSA                       79764            TX              100052644160214000                  20061201                 20361101
WYLIE                        75098            TX              100052644160344000                  20070101                 20361201
WEATHERFORD                  76085            TX              100052644160384000                  20061201                 20361101
WATAUGA                      76148            TX              100052644160414000                  20061201                 20361101
LITTLE ROCK                  72209            AR              100052644160434000                  20070101                 20361201
LEXINGTON                    73051            OK              100052644160494000                  20070101                 20361201
MESQUITE                     75149            TX              100052644160574000                  20061201                 20211101
GRAPEVINE                    76051            TX              100052644160604000                  20070101                 20361201
EL PASO                      79912            TX              100052644160624000                  20070101                 20361201
WOLFFORTH                    79382            TX              100052644160724000                  20061201                 20361101
MOUNDS                       74047            OK              100052644160744000                  20070101                 20361201
FORT WORTH                   76120            TX              100052644160804000                  20061201                 20361101
ALLEN                        75002            TX              100052644160884000                  20061201                 20211101
DALLAS                       75204            TX              100052644160894000                  20061201                 20361101
JACKSON                      39213            MS              100052644150374000                  20061101                 20361001
BURNET                       78611            TX              100052644150984000                  20070101                 20361201
FRISCO                       75035            TX              100052644151344000                  20061201                 20361101
OLIVE BRANCH                 38654            MS              100052644152434000                  20061201                 20361101
HOUSTON                      77053            TX              100052644152964000                  20061201                 20211101
CEDAR HILL                   75104            TX              100052644152974000                  20061101                 20361001
SEAGOVILLE                   75159            TX              100052644153154000                  20061101                 20211001
BOLIVAR                      38008            TN              100052644153364000                  20061201                 20361101
TULSA                        74112            OK              100052644153574000                  20061201                 20361101
HORIZON CITY                 79928            TX              100052644154064000                  20070101                 20361201
KATY                         77493            TX              100052644154264000                  20061201                 20211101
SUNSET                       76270            TX              100052644154314000                  20061201                 20211101
CLEBURNE                     76033            TX              100052644154494000                  20061201                 20361101
JACKSON                      39209            MS              100052644154684000                  20061201                 20361101
SHERMAN                      75090            TX              100052644154924000                  20061201                 20361101
CHATTANOOGA                  37404            TN              100052644154934000                  20061201                 20361101
FRISCO                       75034            TX              100052644155084000                  20061201                 20361101
FORNEY                       75126            TX              100052644155304000                  20061201                 20361101
EL PASO                      79907            TX              100052644155394000                  20061201                 20361101
FORT WORTH                   76111            TX              100052644155504000                  20061201                 20211101
EL PASO                      79912            TX              100052644155664000                  20061201                 20361101
MESQUITE                     75150            TX              100052644155704000                  20061201                 20361101
BEAUMONT                     77706            TX              100052644155774000                  20061201                 20211101
MEMPHIS                      38128            TN              100052644155824000                  20061201                 20211101
FORT WORTH                   76133            TX              100052644155854000                  20061201                 20211101
TULSA                        74104            OK              100052644155944000                  20061201                 20211101
CADDO MILLS                  75135            TX              100052644156014000                  20061201                 20211101
BURLESON                     76028            TX              100052644156064000                  20061201                 20361101
GRAND PRAIRIE                75051            TX              100052644156104000                  20061201                 20361101
TULSA                        74108            OK              100052644156614000                  20061201                 20361101
ROWLETT                      75089            TX              100052644156674000                  20061201                 20211101
HICKORY VALLEY               38042            TN              100052644156804000                  20061201                 20361101
GRANBURY                     76048            TX              100052644156884000                  20061201                 20361101
DALLAS                       75232            TX              100052644156894000                  20061201                 20361101
PLANO                        75075            TX              100052644156914000                  20061201                 20361101
PLANO                        75075            TX              100052644156924000                  20061201                 20211101
GRAND PRAIRIE                75052            TX              100052644156954000                  20061201                 20211101
COVINGTON                    38019            TN              100052644157034000                  20070101                 20361201
FORT WORTH                   76114            TX              100052644157064000                  20061201                 20361101
EL PASO                      79938            TX              100052644157124000                  20061201                 20361101
LAGO VISTA                   78645            TX              100052644157154000                  20061201                 20211101
BROWNSVILLE                  78521            TX              100052644157164000                  20061201                 20361101
LUBBOCK                      79423            TX              100052644157194000                  20061201                 20361101
LUBBOCK                      79423            TX              100052644157204000                  20061201                 20211101
ANNA                         75409            TX              100052644157234000                  20061201                 20211101
BOLIVAR                      38008            TN              100052644157284000                  20061201                 20361101
HUMBOLDT                     38343            TN              100052644157324000                  20061201                 20361101
ALEDO                        76008            TX              100052644157384000                  20061201                 20361101
ARLINGTON                    76018            TX              100052644157424000                  20061201                 20211101
COLLIERVILLE                 38017            TN              100052644157434000                  20070101                 20361201
BOLIVAR                      38008            TN              100052644157464000                  20061201                 20361101
HEARTLAND                    75126            TX              100052644157474000                  20061201                 20361101
MIDDLETON                    38052            TN              100052644157564000                  20061201                 20361101
FORT WORTH                   76131            TX              100052644157634000                  20061201                 20361101
RENOVA                       38732            MS              100052644157744000                  20061201                 20361101
MESQUITE                     75181            TX              100052644157824000                  20061201                 20361101
MESQUITE                     75181            TX              100052644157834000                  20061201                 20211101
MULVANE                      67110            KS              100052644157994000                  20061201                 20361101
WHITWELL                     37397            TN              100052644158034000                  20061201                 20361101
HUTCHINSON                   67501            KS              100052644158044000                  20061201                 20361101
LEWISVILLE                   75067            TX              100052644158074000                  20061201                 20211101
CARROLLTON                   75007            TX              100052644158234000                  20061201                 20361101
LOUISVILLE                   40272            KY              100052644158314000                  20061201                 20361101
TULSA                        74132            OK              100052644158354000                  20061201                 20211101
HORIZON CITY                 79938            TX              100052644101254000                  20061201                 20361101
HORIZON CITY                 79928            TX              100052644101274000                  20061201                 20361101
AUSTIN                       78745            TX              100052644101344000                  20070101                 20361201
LONGVIEW                     75605            TX              100052644101364000                  20061201                 20361101
HOUSTON                      77083            TX              100052644101394000                  20061201                 20211101
CANYON LAKE                  78133            TX              100052644101434000                  20061201                 20361101
ABILENE                      79601            TX              100052644101464000                  20061201                 20361101
ANAHUAC                      77514            TX              100052644101504000                  20070101                 20361201
MIDLAND                      79705            TX              100052644101534000                  20061201                 20361101
HOUSTON                      77069            TX              100052644101664000                  20061201                 20361101
PASADENA                     77502            TX              100052644101694000                  20061201                 20211101
PASADENA                     77503            TX              100052644101734000                  20070101                 20211201
HOCKLEY                      77447            TX              100052644101794000                  20061201                 20211101
BEAUMONT                     77706            TX              100052644101954000                  20061201                 20361101
COLUMBIA                     29223            SC              100052644102064000                  20061201                 20361101
AUSTIN                       78701            TX              100052644102074000                  20070101                 20361201
HOUSTON                      77073            TX              100052644102104000                  20061201                 20361101
BEAUMONT                     77706            TX              100052644102124000                  20061201                 20361101
HOUSTON                      77084            TX              100052644102234000                  20070101                 20361201
PASADENA                     77504            TX              100052644102274000                  20061201                 20361101
SAN ANTONIO                  78214            TX              100052644102404000                  20061201                 20361101
HOUSTON                      77065            TX              100052644102584000                  20061201                 20211101
HOUSTON                      77073            TX              100052644102594000                  20061201                 20361101
DUBLIN                       76446            TX              100052644102614000                  20061201                 20361101
HUMBLE                       77346            TX              100052644102664000                  20061201                 20361101
GALENA PARK                  77547            TX              100052644102714000                  20070101                 20361201
HOUSTON                      77088            TX              100052644102854000                  20070101                 20211201
CYPRESS                      77433            TX              100052644102934000                  20070101                 20361201
HUMBLE                       77346            TX              100052644103144000                  20070101                 20211201
SAN ANTONIO                  78246            TX              100052644103174000                  20070101                 20361201
MCALLEN                      78501            TX              100052644103204000                  20070101                 20361201
PHARR                        78577            TX              100052644103224000                  20070101                 20361201
PHARR                        78577            TX              100052644103234000                  20070101                 20211201
AUSTIN                       78727            TX              100052644103394000                  20061201                 20361101
AUSTIN                       78727            TX              100052644103414000                  20061201                 20211101
KATY                         77449            TX              100052644103424000                  20070101                 20211201
LEAGUE CITY                  77573            TX              100052644103434000                  20070101                 20211201
WACO                         76711            TX              100052644103444000                  20061201                 20361101
MONTGOMERY                   77356            TX              100052644103464000                  20061201                 20361101
CROCKETT                     75835            TX              100052644103614000                  20070101                 20361201
CROCKETT                     75835            TX              100052644103624000                  20070101                 20211201
SAN JUAN                     78589            TX              100052644103634000                  20070101                 20361201
HOUSTON                      77088            TX              100052644103714000                  20070101                 20361201
HOUSTON                      77088            TX              100052644103784000                  20070101                 20211201
MONTGOMERY                   77356            TX              100052644103884000                  20070101                 20361201
RICHMOND                     77469            TX              100052644103904000                  20070101                 20361201
MISSOURI CITY                77459            TX              100052644103934000                  20070101                 20361201
SUGAR LAND                   77479            TX              100052644104074000                  20070101                 20361201
KILLEEN                      76543            TX              100052644104194000                  20070101                 20361201
MCALLEN                      78504            TX              100052644104284000                  20070101                 20361201
HOUSTON                      77040            TX              100052644104304000                  20070101                 20361201
HITCHCOCK                    77563            TX              100052644104334000                  20070101                 20361201
HITCHCOCK                    77563            TX              100052644104344000                  20070101                 20211201
SAN ANTONIO                  78230            TX              100052644104374000                  20070101                 20361201
HUFFMAN                      77336            TX              100052644104504000                  20070101                 20361201
WHITESBORO                   76273            TX              100052644104524000                  20070101                 20361201
ROUND ROCK                   78681            TX              100052644104624000                  20070101                 20361201
LINDALE                      75771            TX              100052644104804000                  20070101                 20361201
HOUSTON                      77083            TX              100052644104874000                  20070101                 20361201
HOUSTON                      77077            TX              100052644104894000                  20070101                 20211201
HOUSTON                      77033            TX              100052644105084000                  20070101                 20211201
CLEVELAND                    77327            TX              100052644105144000                  20070101                 20361201
CLEVELAND                    77327            TX              100052644105154000                  20070101                 20211201
ROUND ROCK                   78681            TX              100052644105164000                  20070101                 20361201
HOUSTON                      77089            TX              100052644105304000                  20070101                 20361201
AUSTIN                       78749            TX              100052644105474000                  20070101                 20361201
EL PASO                      79907            TX              100052644105524000                  20070101                 20361201
PORTER                       77365            TX              100052644105534000                  20070101                 20361201
WAXAHACHIE                   75165            TX              100052644105564000                  20070101                 20361201
CYPRESS                      77433            TX              100052644105614000                  20070101                 20361201
HOUSTON                      77088            TX              100052644105634000                  20070101                 20361201
HOUSTON                      77088            TX              100052644105644000                  20070101                 20211201
SILSBEE                      77656            TX              100052644105734000                  20070101                 20361201
ROSENBERG                    77471            TX              100052644105814000                  20070101                 20361201
LONGVIEW                     75604            TX              100052644105884000                  20070101                 20361201
CANYON LAKE                  78133            TX              100052644105954000                  20070101                 20361201
CEDAR PARK                   78613            TX              100052644106114000                  20070101                 20361201
HOUSTON                      77095            TX              100052644106164000                  20070101                 20361201
HUMBLE                       77346            TX              100052644106224000                  20070101                 20361201
ORANGE                       77630            TX              100052644106264000                  20070101                 20361201
DALLAS                       75208            TX              100052644106384000                  20070101                 20361201
DALLAS                       75208            TX              100052644106394000                  20070101                 20211201
LAREDO                       78045            TX              100052644106464000                  20070101                 20361201
SEALY                        77474            TX              100052644106494000                  20070101                 20361201
BAYTOWN                      77520            TX              100052644106564000                  20070101                 20361201
KATY                         77449            TX              100052644106644000                  20070101                 20361201
MISSOURI CITY                77489            TX              100052644106674000                  20070101                 20361201
LA PORTE                     77571            TX              100052644106734000                  20070101                 20361201
HUMBLE                       77338            TX              100052644106764000                  20070101                 20361201
LEANDER                      78641            TX              100052644106794000                  20070101                 20361201
CYPRESS                      77433            TX              100052644106824000                  20070101                 20361201
HOUSTON                      77071            TX              100052644106914000                  20070101                 20361201
DAYTON                       77535            TX              100052644106994000                  20070101                 20361201
THE WOODLANDS                77381            TX              100052644107014000                  20070101                 20361201
BROWNSVILLE                  78526            TX              100052644107114000                  20070101                 20361201
KYLE                         78640            TX              100052644107174000                  20070101                 20361201
CORSICANA                    75110            TX              100052644107274000                  20070101                 20211201
HUTTO                        78634            TX              100052644107284000                  20070101                 20361201
PEARLAND                     77581            TX              100052644107344000                  20070101                 20361201
HOUSTON                      77088            TX              100052644107374000                  20070101                 20361201
HUMBLE                       77346            TX              100052644107404000                  20070101                 20361201
DICKINSON                    77539            TX              100052644107424000                  20070101                 20361201
PEARLAND                     77581            TX              100052644107474000                  20070101                 20361201
PEARLAND                     77581            TX              100052644107484000                  20070101                 20211201
BAYTOWN                      77520            TX              100052644107494000                  20070101                 20361201
SAGINAW                      76131            TX              100052644148234000                  20061101                 20211001
MESQUITE                     75181            TX              100052644149434000                  20061201                 20211101
BOLIVAR                      65613            MO              100052643576464000                  20061201                 20211101
OTTUMWA                      52501            IA              100052643576544000                  20061201                 20361101
MARSHALLTOWN                 50158            IA              100052643576694000                  20061201                 20211101
WYLIE                        75098            TX              100052643576734000                  20070101                 20211201
HAYS                         67601            KS              100052643576764000                  20061201                 20211101
GRINNELL                     50112            IA              100052643576784000                  20061201                 20211101
ALLEN                        75002            TX              100052643576804000                  20070101                 20211201
IOWA CITY                    52245            IA              100052643576834000                  20061201                 20211101
FREEMONT                     68025            NE              100052643577194000                  20061201                 20211101
NORFOLK                      68701            NE              100052643577244000                  20061201                 20211101
HOUSTON                      77037            TX              100052643577274000                  20070101                 20211201
LUFKIN                       75901            TX              100052643577304000                  20070101                 20211201
LEAGUE CITY                  77573            TX              100052643577444000                  20070101                 20211201
TYLER                        75705            TX              100052643577494000                  20070101                 20361201
KANSAS CITY                  64117            MO              100052643577544000                  20070101                 20211201
SOUTH HOUSTON                77587            TX              100052643986834000                  20070101                 20361201
LAREDO                       78045            TX              100052643989334000                  20061201                 20361101
HOUSTON                      77064            TX              100052643991564000                  20061101                 20361001
SUGAR LAND                   77479            TX              100052643992784000                  20061201                 20211101
HOUSTON                      77043            TX              100052643993324000                  20061201                 20361101
HOUSTON                      77042            TX              100052643993784000                  20061201                 20361101
CROSBY                       77532            TX              100052643994004000                  20061201                 20211101
HOUSTON                      77004            TX              100052643994144000                  20070101                 20361201
HIGHLANDS                    77562            TX              100052643994174000                  20061201                 20261101
HOUSTON                      77037            TX              100052643994654000                  20061101                 20211001
VIDOR                        77662            TX              100052643994704000                  20061201                 20361101
HOUSTON                      77015            TX              100052643994874000                  20061201                 20361101
LAKE CHARLES                 70601            LA              100052643995164000                  20061201                 20361101
LUMBERTON                    77657            TX              100052643995314000                  20061201                 20211101
SAN JUAN                     78589            TX              100052643995444000                  20061201                 20211101
WACO                         76711            TX              100052643996124000                  20061201                 20361101
KARNACK                      75661            TX              100052643996144000                  20061201                 20211101
HORIZON                      79928            TX              100052643996174000                  20061201                 20361101
HOUSTON                      77090            TX              100052643996184000                  20061201                 20361101
CEDAR PARK                   78613            TX              100052643996214000                  20070101                 20211201
HOUSTON                      77045            TX              100052643996244000                  20061201                 20361101
BAYTOWN                      77521            TX              100052643996394000                  20061201                 20361101
CHANNELVIEW                  77530            TX              100052643996434000                  20061201                 20361101
SAN ANTONIO                  78242            TX              100052643996454000                  20061201                 20211101
MANOR                        78753            TX              100052643996554000                  20070101                 20211201
FORT WORTH                   76120            TX              100052643996774000                  20061201                 20211101
LEAGUE CITY                  77573            TX              100052643996884000                  20061201                 20361101
SILSBEE                      77656            TX              100052643996914000                  20061201                 20211101
SAN JUAN                     78589            TX              100052643996934000                  20061201                 20211101
WILLIS                       77378            TX              100052643996994000                  20061201                 20211101
HEMPSTEAD                    77445            TX              100052643997084000                  20061201                 20211101
SAN ANTONIO                  78220            TX              100052643997224000                  20061201                 20361101
HUMBLE                       77338            TX              100052643997234000                  20061201                 20361101
HOUSTON                      77095            TX              100052643997434000                  20061201                 20211101
HUMBLE                       77396            TX              100052643997484000                  20061201                 20211101
RIO GRANDE CITY              78582            TX              100052643997524000                  20061201                 20211101
LYTLE                        78052            TX              100052643997574000                  20061201                 20361101
HOUSTON                      77053            TX              100052643997654000                  20061201                 20361101
TOMBALL                      77377            TX              100052643997704000                  20061201                 20211101
RICHMOND                     77469            TX              100052643997784000                  20061201                 20361101
AUSTIN                       78744            TX              100052643997844000                  20061201                 20211101
BROWNSVILLE                  78521            TX              100052643997904000                  20061201                 20361101
HOUSTON                      77099            TX              100052643997924000                  20061201                 20361101
CROSBY                       77532            TX              100052643997964000                  20061201                 20211101
HOUSTON                      77087            TX              100052643998114000                  20061201                 20361101
VICTORIA                     77904            TX              100052643998164000                  20061201                 20211101
SAN ANTONIO                  78223            TX              100052643998274000                  20061201                 20361101
SAN ANTONIO                  78223            TX              100052643998284000                  20061201                 20211101
ROSENBERG                    77469            TX              100052643998334000                  20061201                 20361101
BROWNSVILLE                  78521            TX              100052643998344000                  20061201                 20361101
HOUSTON                      77093            TX              100052643998374000                  20061201                 20211101
SAN JUAN                     78589            TX              100052643998404000                  20061201                 20361101
NEW CANEY                    77357            TX              100052643998414000                  20061201                 20211101
HOUSTON                      77083            TX              100052643998454000                  20061201                 20211101
HOUSTON                      77083            TX              100052643998554000                  20061201                 20361101
BAYTOWN                      77521            TX              100052643998564000                  20061201                 20361101
BROWNSVILLE                  78526            TX              100052643998634000                  20070101                 20361201
LA PORTE                     77571            TX              100052643998654000                  20061201                 20361101
LEWISVILLE                   75092            TX              100052643998664000                  20061201                 20361101
HORIZON                      79928            TX              100052643998714000                  20061201                 20361101
HOUSTON                      77073            TX              100052643998744000                  20061201                 20361101
HOUSTON                      77072            TX              100052643998774000                  20061201                 20361101
VICTORIA                     77904            TX              100052643998784000                  20061201                 20211101
HOUSTON                      77033            TX              100052643998814000                  20070101                 20361201
HOUSTON                      77009            TX              100052643998834000                  20070101                 20211201
MAGNOLIA                     77355            TX              100052643998954000                  20061201                 20361101
AUSTIN                       78703            TX              100052643998964000                  20061201                 20361101
HOUSTON                      77015            TX              100052643998984000                  20061201                 20211101
AUSTIN                       78717            TX              100052643998994000                  20061201                 20361101
AUSTIN                       78717            TX              100052643999004000                  20061201                 20211101
SPRING                       77386            TX              100052643999064000                  20061201                 20361101
HOUSTON                      77055            TX              100052643999114000                  20061201                 20361101
SPRING                       77379            TX              100052643999134000                  20061201                 20361101
HOUSTON                      77075            TX              100052643999194000                  20061201                 20361101
CYPRESS                      77433            TX              100052643999204000                  20061201                 20361101
HOUSTON                      77049            TX              100052643999224000                  20061201                 20361101
HOUSTON                      77049            TX              100052643999234000                  20061201                 20211101
SPRING                       77386            TX              100052643999274000                  20061201                 20211101
HUMBLE                       77346            TX              100052643999534000                  20061201                 20361101
HUMBLE                       77346            TX              100052643999564000                  20061201                 20211101
EDINBURG                     78539            TX              100052643999634000                  20061201                 20361101
HOUSTON                      77450            TX              100052643999694000                  20061201                 20361101
BAYTOWN                      77520            TX              100052643999754000                  20061201                 20361101
HOUSTON                      77088            TX              100052643999874000                  20061201                 20211101
DONNA                        78537            TX              100052643999884000                  20061201                 20361101
EDINBURG                     78539            TX              100052643999894000                  20061201                 20361101
HOUSTON                      77089            TX              100052644100014000                  20070101                 20361201
FRESNO                       77545            TX              100052644100194000                  20061201                 20361101
SAN ANTONIO                  78227            TX              100052644100224000                  20070101                 20361201
SAN ANTONIO                  78214            TX              100052644100274000                  20061201                 20361101
HOPKINS                      29061            SC              100052644100344000                  20061201                 20361101
BAYTOWN                      77520            TX              100052644100384000                  20061201                 20361101
KATY                         77449            TX              100052644100444000                  20061201                 20361101
PENITAS                      78576            TX              100052644100504000                  20070101                 20361201
SEA BROOK                    77586            TX              100052644100514000                  20070101                 20361201
PENITAS                      78576            TX              100052644100534000                  20070101                 20211201
SAN ANTONIO                  78239            TX              100052644100634000                  20070101                 20211201
PFLUGERVILLE                 78660            TX              100052644100704000                  20070101                 20361201
PENITAS                      78576            TX              100052644100914000                  20070101                 20361201
EDINBURG                     78541            TX              100052644100924000                  20070101                 20211201
KINGWOOD                     77339            TX              100052644100954000                  20070101                 20361201
SPRING                       77389            TX              100052644101004000                  20061201                 20361101
HOUSTON                      77044            TX              100052644101064000                  20061201                 20211101
VIDOR                        77662            TX              100052644101104000                  20061201                 20361101
WINNIE                       77665            TX              100052644101244000                  20061201                 20361101
GRANADA HILLS                91344            CA              100052615974369000                  20070101                 20361201
LAKE ELSINORE                92532            CA              100052615974439000                  20061201                 20211101
GRANADA HILLS                91344            CA              100052615974589000                  20061201                 20361101
HESPERIA                     92345            CA              100052615974739000                  20061201                 20211101
RESEDA AREA                  91335            CA              100052615974849000                  20061201                 20211101
SUN VALLEY                   91352            CA              100052615975229000                  20061201                 20211101
MORENO VALLEY                92557            CA              100052615975239000                  20061201                 20211101
SOUTH GATE                   90280            CA              100052615975249000                  20061201                 20211101
LOS ANGELES                  90047            CA              100052615975329000                  20061201                 20361101
RIVERSIDE                    92503            CA              100052615975459000                  20061201                 20211101
DESERT HOT SPRI              92240            CA              100052615975539000                  20070101                 20361201
DESERT HOT SPRI              92240            CA              100052615975549000                  20070101                 20211201
LA PUENTE                    91744            CA              100052615975939000                  20061201                 20361101
COSTA MESA                   92627            CA              100052615976129000                  20061201                 20361101
COSTA MESA                   92627            CA              100052615976139000                  20061201                 20211101
LAS VEGAS                    89102            NV              100052615976189000                  20061201                 20361101
SUGARLOAF                    92386            CA              100052615976379000                  20061201                 20211101
REDLANDS                     92373            CA              100052615976489000                  20061201                 20211101
SANTA ANA                    92701            CA              100052615976689000                  20061201                 20211101
SAN BERNARDINO               92411            CA              100052615976829000                  20061201                 20361101
HIGHLAND                     92346            CA              100052615977079000                  20061201                 20361101
LOS ANGELES                  90032            CA              100052615977279000                  20061201                 20361101
FONTANA                      92337            CA              100052615977419000                  20061201                 20211101
SANTA CRUZ                   95060            CA              100052615977509000                  20070101                 20361201
BAKERSFIELD                  93306            CA              100052615977529000                  20061201                 20361101
FONTANA AREA                 92336            CA              100052615977679000                  20061201                 20361101
EL MONTE                     91732            CA              100052615977709000                  20061201                 20211101
WESTMINSTER                  92683            CA              100052615977829000                  20061201                 20361101
FONTANA                      92336            CA              100052615977909000                  20061201                 20361101
GARDEN GROVE                 92840            CA              100052615977949000                  20061201                 20211101
MORENO VALLEY                92553            CA              100052615977999000                  20061201                 20211101
LONG BEACH                   90805            CA              100052615978089000                  20061201                 20211101
RIALTO                       92376            CA              100052615978179000                  20061201                 20211101
NUEVO                        92567            CA              100052615978379000                  20061201                 20361101
BAKERSFIELD                  93305            CA              100052615978619000                  20070101                 20361201
LOS ANGELES                  90016            CA              100052615978659000                  20061201                 20211101
PERRIS                       92571            CA              100052615978709000                  20061201                 20361101
ONTARIO                      91764            CA              100052615978729000                  20061201                 20361101
RIVERSIDE AREA               92508            CA              100052615978929000                  20070101                 20361201
HESPERIA                     92344            CA              100052615978989000                  20061201                 20361101
ANAHEIM                      92804            CA              100052615979079000                  20070101                 20361201
SANTA ANA                    92703            CA              100052615979159000                  20070101                 20361201
MONROVIA                     91016            CA              100052615979209000                  20070101                 20361201
CORONA                       92882            CA              100052615979239000                  20070101                 20361201
LOS ANGELES                  90027            CA              100052615979399000                  20061201                 20361101
SANTA ROSA BEAC              32459            FL              100052615979469000                  20070101                 20361201
LOS ANGELES                  90016            CA              100052615979579000                  20061201                 20361101
DOWNEY                       90242            CA              100052615979729000                  20070101                 20361201
RICHMOND                     94804            CA              100052615112159000                  20070101                 20361201
SAN DIEGO                    92116            CA              100052615112219000                  20070101                 20361201
SAN DIEGO                    92173            CA              100052615112239000                  20070101                 20361201
TEMECULA                     92591            CA              100052615112279000                  20070101                 20361201
CATHEDRAL CITY               92234            CA              100052615112339000                  20070101                 20361201
HUNTINGTON BEAC              92649            CA              100052615112379000                  20070101                 20361201
HIDDEN HILLS                 91302            CA              100052615112379000                  20070101                 20361201
ESCONDIDO                    92029            CA              100052615112469000                  20070101                 20361201
DESERT HOT SPRI              92240            CA              100052615112559000                  20070101                 20361201
HEBER                        92249            CA              100052615112659000                  20070101                 20361201
CHULA VISTA                  91911            CA              100052615112769000                  20070101                 20361201
BRAWLEY                      92227            CA              100052615112969000                  20070101                 20361201
CONWAY                       29527            SC              100052615965689000                  20061101                 20211001
ROCKFORD                     49341            MI              100052615968519000                  20061201                 20361101
LOS ANGELES                  90044            CA              100052615970919000                  20061101                 20211001
LOS ANGELES                  90011            CA              100052615971499000                  20061201                 20361101
LOS ANGELES                  90011            CA              100052615971509000                  20061201                 20211101
CHICAGO                      60624            IL              100052615972279000                  20061201                 20211101
NORTHRIDGE AREA              91324            CA              100052615972499000                  20061201                 20211101
SANTA ANA                    92707            CA              100052615972619000                  20061201                 20211101
APPLE VALLEY AR              92308            CA              100052615972829000                  20061201                 20211101
LAKEPORT                     95453            CA              100052615972879000                  20061101                 20361001
SURPRISE                     85388            AZ              100052615973419000                  20061201                 20361101
BAKERSFIELD                  93307            CA              100052615973809000                  20061101                 20361001
BLOOMINGTON ARE              92316            CA              100052615973849000                  20061201                 20211101
ANAHEIM                      92804            CA              100052615974049000                  20061201                 20211101
SAN DIEGO                    92127            CA              100052615103389000                  20061201                 20211101
APPLE VALLEY                 92307            CA              100052615104039000                  20061201                 20211101
OCEANSIDE                    92054            CA              100052615106069000                  20070101                 20361201
YUBA CITY                    95991            CA              100052615108059000                  20061201                 20211101
SUN CITY                     92586            CA              100052615108449000                  20061201                 20211101
CARLSBAD                     92009            CA              100052615108569000                  20061201                 20361101
SAN DIEGO                    92115            CA              100052615108739000                  20061201                 20361101
SAN YSIDRO                   92173            CA              100052615109079000                  20070101                 20211201
MURRIETA                     92562            CA              100052615109129000                  20061201                 20211101
SAN DIEGO                    92114            CA              100052615109409000                  20070101                 20361201
EL CAJON                     92021            CA              100052615109419000                  20061201                 20361101
EL CAJON                     92021            CA              100052615109429000                  20061201                 20211101
SAN DIEGO                    92104            CA              100052615109449000                  20061201                 20361101
SAN DIEGO                    92101            CA              100052615109569000                  20061201                 20361101
SHASTA LAKE                  96019            CA              100052615109579000                  20070101                 20361201
PALM DESERT                  92211            CA              100052615109629000                  20061201                 20361101
OCEANSIDE                    92057            CA              100052615109659000                  20061201                 20211101
YUCAIPA                      92399            CA              100052615109699000                  20061201                 20361101
ORANGEVALE                   95662            CA              100052615109789000                  20061201                 20211101
OLIVEHURST                   95961            CA              100052615109809000                  20061101                 20361001
RANCHO MURIETA               95683            CA              100052615109819000                  20061201                 20361101
SAN DIEGO                    92126            CA              100052615109899000                  20061201                 20211101
MURRIETA                     92563            CA              100052615109949000                  20061201                 20361101
HEBER                        92249            CA              100052615109979000                  20061201                 20361101
ORANGE                       92867            CA              100052615109989000                  20061201                 20361101
SAN DIEGO                    92129            CA              100052615110029000                  20070101                 20361201
VIRGINIA CITY H              89440            NV              100052615110059000                  20061201                 20361101
RANCHO MIRAGE                92270            CA              100052615110069000                  20061201                 20361101
SAN JACINTO                  92582            CA              100052615110109000                  20070101                 20361201
THOUSAND OAKS                91320            CA              100052615110139000                  20061201                 20361101
NORTH HIGHLANDS              95660            CA              100052615110159000                  20061201                 20361101
SAN DIEGO                    92128            CA              100052615110239000                  20070101                 20361201
HEBER                        92249            CA              100052615110419000                  20061201                 20361101
SAN DIEGO                    92103            CA              100052615110449000                  20061201                 20361101
SAN LORENZO                  94580            CA              100052615110479000                  20061201                 20211101
COUPEVILLE                   98239            WA              100052615110559000                  20061201                 20361101
LA QUINTA                    92253            CA              100052615110659000                  20061201                 20361101
BENICIA                      94510            CA              100052615110679000                  20061201                 20211101
SACRAMENTO                   95823            CA              100052615110699000                  20061201                 20361101
SAN DIEGO                    92110            CA              100052615110709000                  20070101                 20361201
SOLANA BEACH                 92075            CA              100052615110759000                  20070101                 20361201
HEMET                        92545            CA              100052615110799000                  20061201                 20361101
ALISO VIEJO                  92656            CA              100052615110809000                  20061201                 20361101
MENIFEE                      92584            CA              100052615110849000                  20061201                 20361101
MENIFEE                      92584            CA              100052615110859000                  20061201                 20211101
INDIO                        92203            CA              100052615111249000                  20070101                 20361201
SALINAS                      93908            CA              100052615111249000                  20070101                 20361201
CHULA VISTA                  91910            CA              100052615111279000                  20070101                 20361201
BERKELEY                      8721            NJ              100052615111319000                  20070101                 20361201
3443 MADISON AV              92116            CA              100052615111339000                  20070101                 20361201
SACRAMENTO                   95824            CA              100052615111369000                  20061201                 20361101
SAN JOSE                     95112            CA              100052615111439000                  20070101                 20361201
IMPERIAL BEACH               91932            CA              100052615111529000                  20070101                 20361201
RIVERSIDE                    92503            CA              100052615111539000                  20070101                 20361201
SAN JOSE                     95125            CA              100052615111589000                  20070101                 20361201
SALIDA                       95368            CA              100052615111679000                  20070101                 20361201
SAN DIEGO                    92131            CA              100052615111689000                  20070101                 20361201
OAKDALE                      95361            CA              100052615111699000                  20070101                 20361201
MATHER                       95655            CA              100052615111719000                  20070101                 20361201
SACRAMENTO                   95823            CA              100052615111749000                  20070101                 20361201
LINCOLN                      95648            CA              100052615111779000                  20070101                 20361201
SOLANA BEACH                 92075            CA              100052615111849000                  20070101                 20361201
STOCKTON                     95215            CA              100052615111849000                  20070101                 20361201
SAN DIEGO                    92126            CA              100052615111859000                  20070101                 20361201
SAN JOSE                     95127            CA              100052615111859000                  20070101                 20361201
CHULA VISTA                  91915            CA              100052615111899000                  20070101                 20361201
CHULA VISTA                  91915            CA              100052615111909000                  20070101                 20211201
SAN JOSE                     95112            CA              100052615111929000                  20070101                 20361201
SAN JOSE                     95112            CA              100052615111939000                  20070101                 20211201
ANTIOCH                      94531            CA              100052615111969000                  20070101                 20361201
HEBER                        92249            CA              100052615112019000                  20070101                 20361201
LAKESIDE                     92040            CA              100052615112049000                  20070101                 20361201
SIMI VALLEY                  93065            CA              100052615112059000                  20070101                 20361201
HOFFMAN ESTATES              60169            IL              100052624259443000                  20061201                 20211101
DETROIT                      48203            MI              100052624259473000                  20061101                 20211001
MENAHGA                      56464            MN              100052624259523000                  20070101                 20361201
DEKALB                       60115            IL              100052624260053000                  20061201                 20361101
LOCKPORT                     60441            IL              100052624260403000                  20061201                 20361101
OSWEGO                       60543            IL              100052624260753000                  20061201                 20361101
HOUSTON                      77073            TX              100052643574784000                  20061201                 20211101
GALVA                        67443            KS              100052643575194000                  20061101                 20211001
IOLA                         66749            KS              100052643576184000                  20061101                 20211001
COLLEGE STATION              77845            TX              100052643576344000                  20061201                 20211101
STANTON                      90680            CA              100052615985109000                  20070101                 20361201
DIAMOND BAR                  91765            CA              100052615985219000                  20070101                 20361201
LAGUNA NIGUEL                92677            CA              100052615985259000                  20070101                 20361201
MORENO VALLEY                92551            CA              100052615985369000                  20070101                 20361201
ANAHEIM                      92801            CA              100052615985389000                  20070101                 20361201
ONTARIO                      91762            CA              100052615985419000                  20070101                 20361201
PERRIS                       92571            CA              100052615985499000                  20070101                 20361201
INGLEWOOD                    90302            CA              100052615985589000                  20070101                 20361201
INGLEWOOD                    90302            CA              100052615985609000                  20070101                 20211201
FONTANA                      92336            CA              100052615985699000                  20070101                 20361201
CORONA                       92880            CA              100052615985879000                  20070101                 20361201
CORONA                       92882            CA              100052615985949000                  20070101                 20361201
CASTAIC                      91384            CA              100052615985969000                  20070101                 20361201
RIALTO                       92376            CA              100052615986049000                  20070101                 20361201
EL CAJON                     92019            CA              100052615986149000                  20070101                 20361201
LA HABRA                     90631            CA              100052615986289000                  20070101                 20361201
NORTH HOLLYWOOD              91605            CA              100052615986329000                  20070101                 20361201
PACOIMA                      91331            CA              100052615986409000                  20070101                 20361201
PACOIMA                      91331            CA              100052615986419000                  20070101                 20211201
SAN BERNARDINO               92404            CA              100052615986479000                  20070101                 20361201
CORONA                       92882            CA              100052615986779000                  20070101                 20361201
LAKE ELSINORE                92530            CA              100052615986889000                  20070101                 20361201
BALTIMORE                    21229            MD              100052615987569000                  20070101                 20361201
AURORA                       80014            CO              100052616115856000                  20061201                 20211101
AURORA                       80018            CO              100052616116226000                  20061201                 20211101
DENVER                       80236            CO              100052616116346000                  20061101                 20211001
MONUMENT                     80132            CO              100052616116456000                  20061101                 20361001
AURORA                       80015            CO              100052616117106000                  20061201                 20211101
FARMINGTON                   84025            UT              100052616117146000                  20061201                 20211101
STERLING                     80751            CO              100052616118126000                  20061201                 20211101
DENVER                       80220            CO              100052616118186000                  20070101                 20211201
COLORADO SPRING              80907            CO              100052616118196000                  20061201                 20211101
AURORA                       80013            CO              100052616118256000                  20061201                 20361101
CENTENNIAL                   80122            CO              100052616118506000                  20061201                 20361101
DENVER                       80204            CO              100052616118776000                  20061201                 20211101
DENVER                       80204            CO              100052616118786000                  20061201                 20211101
DENVER                       80236            CO              100052616118856000                  20061201                 20361101
WESTMINSTER                  80031            CO              100052616118976000                  20061201                 20211101
CARBONDALE                   81623            CO              100052616119206000                  20061201                 20361101
CASTLE ROCK                  80104            CO              100052616119256000                  20061201                 20361101
CASTLE ROCK                  80104            CO              100052616119276000                  20061201                 20211101
DENVER                       80237            CO              100052616119296000                  20061201                 20211101
GREENWOOD VILLA              80111            CO              100052616119436000                  20061201                 20211101
DENVER                       80219            CO              100052616119526000                  20061201                 20361101
DENVER                       80219            CO              100052616119536000                  20061201                 20211101
WESTMINSTER                  80234            CO              100052616119576000                  20061201                 20211101
THORNTON                     80229            CO              100052616119736000                  20061201                 20361101
GREELEY                      80634            CO              100052616119746000                  20061201                 20361101
LITTLETON                    80120            CO              100052616119756000                  20061201                 20361101
FORT LUPTON                  80621            CO              100052616119836000                  20061201                 20211101
ENGLEWOOD                    80110            CO              100052616119846000                  20061201                 20361101
DENVER                       80219            CO              100052616119856000                  20061201                 20361101
GREELEY                      80631            CO              100052616119906000                  20061201                 20211101
ALAMOSA                      81101            CO              100052616120026000                  20061201                 20361101
ALAMOSA                      81101            CO              100052616120036000                  20061201                 20211101
CHEYENNE                     82001            WY              100052616120266000                  20061201                 20211101
CASTLE ROCK                  80104            CO              100052616120346000                  20061201                 20361101
CARBONDALE                   81623            CO              100052616120376000                  20061201                 20211101
DENVER                       80219            CO              100052616120506000                  20070101                 20361201
LAS VEGAS                    89104            NV              100052616120916000                  20070101                 20361201
GLENROCK                     82637            WY              100052616120946000                  20070101                 20361201
EVANS                        80620            CO              100052616120986000                  20061201                 20361101
PLAIN CITY                   84404            UT              100052616121096000                  20061201                 20361101
COMMERCE CITY                80022            CO              100052616121166000                  20061201                 20361101
AURORA                       80013            CO              100052616121186000                  20061201                 20361101
PROVO                        84604            UT              100052616121376000                  20070101                 20361201
BRIGHTON                     80602            CO              100052616121426000                  20061201                 20361101
AURORA                       80013            CO              100052616121476000                  20061201                 20361101
LONGMONT                     80501            CO              100052616121496000                  20061201                 20361101
LITTLETON                    80126            CO              100052616121506000                  20061201                 20361101
COLORADO SPRING              80907            CO              100052616121516000                  20070101                 20361201
COMMERCE CITY                80022            CO              100052616121566000                  20070101                 20361201
COMMERCE CITY                80022            CO              100052616121586000                  20070101                 20211201
AURORA                       80017            CO              100052616121616000                  20070101                 20361201
DENVER                       80249            CO              100052616121636000                  20070101                 20361201
COLORADO SPRING              80918            CO              100052616121726000                  20070101                 20361201
THORNTON                     80233            CO              100052616121766000                  20070101                 20361201
COLORADO SPRING              80911            CO              100052616121856000                  20070101                 20361201
AURORA                       80017            CO              100052616121946000                  20061201                 20361101
WESTMINSTER                  80021            CO              100052616122016000                  20070101                 20361201
DENVER                       80203            CO              100052616122126000                  20070101                 20361201
DENVER                       80220            CO              100052616122146000                  20070101                 20361201
NORTH LAS VEGAS              89032            NV              100052616122296000                  20070101                 20361201
DENVER                       80249            CO              100052616122406000                  20070101                 20361201
THORNTON                     80602            CO              100052616122456000                  20070101                 20361201
SANDY                        84092            UT              100052616122486000                  20070101                 20361201
CASPER                       82601            WY              100052616122506000                  20070101                 20361201
COMMERCE CITY                80022            CO              100052616122556000                  20070101                 20211201
TOOELE                       84074            UT              100052616122566000                  20070101                 20361201
AMERICAN FORK                84003            UT              100052616122576000                  20070101                 20361201
HAYDEN                       81639            CO              100052616122656000                  20070101                 20361201
WOODLAND PARK                80863            CO              100052616122696000                  20070101                 20361201
COLORADO SPRING              80920            CO              100052616122846000                  20070101                 20361201
BRIGHTON                     80603            CO              100052616122856000                  20070101                 20361201
CHEYENNE                     82001            WY              100052616122916000                  20070101                 20361201
DENVER                       80216            CO              100052616123106000                  20070101                 20361201
LONGMONT                     80504            CO              100052616123116000                  20070101                 20361201
COLORADO SPRING              80901            CO              100052616123216000                  20070101                 20361201
JOHNSTOWN                    80534            CO              100052616123336000                  20070101                 20361201
CAPE CORAL                   33904            FL              100052616123436000                  20070101                 20361201
COMMERCE CITY                80022            CO              100052616123456000                  20070101                 20361201
YORBA LINDA                  92886            CA              100052621803661000                  20070101                 20361201
LAKEVILLE                    55044            MN              100052621803751000                  20070101                 20361201
WESTMINSTER                  21157            MD              100052621878381000                  20070101                 20361201
NORFOLK                      23513            VA              100052621878401000                  20070101                 20361201
CHANNAHON                    60410            IL              100052624235993000                  20061001                 20360901
RED LION                     17356            PA              100052624236773000                  20061201                 20361101
MINNEAPOLIS                  55411            MN              100052624242033000                  20061201                 20211101
DETROIT                      48212            MI              100052624247043000                  20061101                 20211001
URBANA                       46990            IN              100052624251603000                  20061201                 20361101
ALEDO                        61231            IL              100052624255053000                  20061201                 20211101
DETROIT                      48203            MI              100052624256163000                  20061101                 20361001
HAMMOND                      46324            IN              100052624256563000                  20061201                 20211101
ADRIAN                       56110            MN              100052624257343000                  20061201                 20211101
OAK FOREST                   60452            IL              100052624257423000                  20061201                 20361101
FORT BRANCH                  47648            IN              100052624258003000                  20061101                 20361001
HOPKINSVILLE                 42240            KY              100052624258253000                  20061201                 20361101
CHICAGO                      60619            IL              100052624258473000                  20061201                 20361101
DOLTON                       60419            IL              100052624258633000                  20061201                 20361101
HENDERSON                    42420            KY              100052624258753000                  20061201                 20361101
RIVERSIDE                    92506            CA              100052615981849000                  20070101                 20361201
PACOIMA                      91331            CA              100052615981889000                  20070101                 20361201
FONTANA                      92335            CA              100052615981969000                  20070101                 20361201
BANNING                      92220            CA              100052615982059000                  20070101                 20361201
BANNING                      92220            CA              100052615982069000                  20070101                 20211201
ADELANTO                     92301            CA              100052615982079000                  20070101                 20361201
ANAHEIM                      92804            CA              100052615982109000                  20070101                 20361201
CORONA                       92881            CA              100052615982259000                  20070101                 20361201
COMPTON                      90222            CA              100052615982269000                  20070101                 20361201
HELENDALE AREA               92342            CA              100052615982329000                  20070101                 20361201
HESPERIA                     92345            CA              100052615982349000                  20070101                 20361201
ANAHEIM                      92804            CA              100052615982389000                  20070101                 20361201
(SAUGUS AREA) L              91350            CA              100052615982409000                  20070101                 20361201
ANAHEIM                      92804            CA              100052615982519000                  20070101                 20361201
ELMWOOD                      60707            IL              100052615982549000                  20070101                 20361201
PERRIS                       92571            CA              100052615982559000                  20070101                 20361201
LOS ANGELES                  90059            CA              100052615982919000                  20070101                 20361201
RIALTO                       92376            CA              100052615982989000                  20070101                 20361201
ORANGE (CITY)                92868            CA              100052615983109000                  20070101                 20361201
SANTA ANA                    92705            CA              100052615983179000                  20070101                 20361201
ORANGE                       92869            CA              100052615983199000                  20070101                 20361201
AURORA                       80013            CO              100052615983349000                  20070101                 20361201
FONTANA AREA                 92335            CA              100052615983389000                  20070101                 20361201
WINNETKA AREA                91306            CA              100052615983479000                  20070101                 20361201
BELLFLOWER                   90706            CA              100052615983509000                  20070101                 20361201
POMONA                       91766            CA              100052615983649000                  20070101                 20361201
MURRIETA                     92563            CA              100052615983759000                  20070101                 20361201
LAKE FOREST                  92630            CA              100052615983799000                  20070101                 20361201
WEST COVINA                  91791            CA              100052615983809000                  20070101                 20361201
FONTANA                      92336            CA              100052615983849000                  20070101                 20361201
PARAMOUNT                    90723            CA              100052615983869000                  20070101                 20361201
ANTIOCH                      94509            CA              100052615983969000                  20070101                 20361201
SANTA ANA                    92704            CA              100052615984069000                  20070101                 20361201
WESTMINSTER                  92683            CA              100052615984279000                  20070101                 20361201
SUISUN CITY                  94585            CA              100052615984289000                  20070101                 20361201
FONTANA                      92336            CA              100052615984299000                  20070101                 20361201
HEMET                        92544            CA              100052615984319000                  20070101                 20361201
LINDEN                       22642            VA              100052615984409000                  20070101                 20361201
LOS ANGELES                  90065            CA              100052615984679000                  20070101                 20361201
LADERA RANCH AR              92694            CA              100052615984699000                  20070101                 20361201
RIVERSIDE                    92507            CA              100052615984729000                  20070101                 20361201
ANAHEIM                      92804            CA              100052615984749000                  20070101                 20361201
MORENO VALLEY                92555            CA              100052615984859000                  20070101                 20361201
MORENO VALLEY                92553            CA              100052615985099000                  20070101                 20361201
OAKLAND                      94603            CA              100052615981549000                  20061201                 20211101
ORANGE                       92869            CA              100052615981589000                  20070101                 20361201
HIGHLAND AREA                92346            CA              100052615981619000                  20070101                 20361201
SANTA ANA                    92706            CA              100052615981809000                  20070101                 20361201
BAKERSFIELD                  93307            CA              100052615981149000                  20070101                 20361201
GRAND TERRACE                92313            CA              100052615981199000                  20061201                 20361101
SANTA ANA                    92707            CA              100052615981239000                  20070101                 20361201
RIALTO                       92377            CA              100052615981259000                  20070101                 20361201
SAN BERNARDINO               92407            CA              100052615981399000                  20070101                 20361201
GARDEN GROVE                 92840            CA              100052615981429000                  20070101                 20361201
GARDENA                      90249            CA              100052615979739000                  20061201                 20361101
SANTA ANA                    92706            CA              100052615979899000                  20061201                 20361101
SANTA ANA                    92704            CA              100052615979979000                  20070101                 20361201
LOS ANGELES                  90061            CA              100052615979989000                  20061201                 20361101
NORWALK                      90650            CA              100052615980049000                  20070101                 20361201
BEAUMONT                     92223            CA              100052615980179000                  20061201                 20361101
SOUTH GATE                   90280            CA              100052615980349000                  20061201                 20361101
SANTA ANA                    92706            CA              100052615980469000                  20070101                 20361201
SANTA ANA                    92701            CA              100052615980489000                  20070101                 20361201
RIALTO                       92376            CA              100052615980559000                  20070101                 20361201
RIVERSIDE                    92503            CA              100052615980699000                  20061201                 20361101
PERRIS                       92570            CA              100052615980799000                  20070101                 20361201
ANAHEIM                      92801            CA              100052615980869000                  20070101                 20361201
SANTA CLARITA                91350            CA              100052615980919000                  20070101                 20361201
SAN FERNANDO                 91340            CA              100052615981009000                  20070101                 20361201
ANAHEIM                      92801            CA              100052615981049000                  20070101                 20361201
SARATOGA SPRING              84045            UT              100052616114206000                  20061001                 20360901
CHICAGO                      60647            IL              100052624250993000                  20061101                 20361001
HOUSTON                      77090            TX              100052643981014000                  20060901                 20210801
SAN ANTONIO                  78204            TX              100052643982924000                  20060901                 20210801
HOUSTON                      77079            TX              100052643987174000                  20061001                 20210901
CROSBY                       77532            TX              100052643989484000                  20061001                 20210901
HOUSTON                      77072            TX              100052643989834000                  20061001                 20210901
HUTTO                        78634            TX              100052644140564000                  20060901                 20210801
HI HAT                       41636            KY              100052644147014000                  20061001                 20360901
WYLIE                        75098            TX              100052644844034000                  20060901                 20360801
MURFREESBORO                 37127            TN              100052644857354000                  20060901                 20360801
BLUE RIDGE                   75424            TX              100052644868814000                  20061001                 20210901
LARGO                        33771            FL              100052647005705000                  20061001                 20210901
KINGMAN                      86401            AZ              100052680890681000                  20060901                 20360801
WAMEGO                       66547            KS              100052686850004000                  20060901                 20210801
KANSAS CITY                  64130            MO              100052686852974000                  20061001                 20360901
LEES SUMMIT                  64082            MO              100052686854104000                  20061001                 20360901
HESPERIA                     92345            CA              100052690805253000                  20060901                 20360801
TOWNSEND                     59644            MT              100052690867706000                  20060701                 20360601
YUBA CITY                    95991            CA              100052615105209000                  20060901                 20210801

CITY1                           AM_TYPE         BALLOON            STATED_ORIGINAL_TERM          AMORT_TERM1           CALC_ORIG_TERM
-------------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                       FIXED            Yes                      180                       360                     360
BIG BEAR CITY                    FIXED            Yes                      180                       360                     360
JAMUL                             ARMS            No                       360                       360                     360
JAMUL                            FIXED            Yes                      180                       360                     360
HENDERSON                         ARMS            No                       360                       360                     360
BALDWIN PARK                      ARMS            No                       360                       360                     360
BONIFAY                          FIXED            No                       360                       360                     360
AVENUE BLOOMING                   ARMS            No                       360                       360                     360
AVENUE BLOOMING                  FIXED            Yes                      180                       360                     360
STANTON                           ARMS            No                       360                       360                     360
RIVERSIDE AREA                   FIXED            No                       360                       360                     360
APPLE VALLEY                     FIXED            Yes                      360                       480                     480
CANYON COUNTRY                   FIXED            No                       360                       360                     360
LAKE ELSINORE                     ARMS            No                       360                       360                     360
LAKE ELSINORE                    FIXED            Yes                      180                       360                     360
LOMITA                           FIXED            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
RAWLINS                          FIXED            Yes                      360                       480                     480
AURORA                            ARMS            No                       360                       360                     360
CHULA VISTA                      FIXED            No                       360                       360                     360
SOUTH PLAINFIEL                  FIXED            No                       360                       360                     360
OAKLEY                           FIXED            No                       360                       360                     360
SAN DIEGO                        FIXED            No                       360                       360                     360
SAN DIEGO                        FIXED            Yes                      180                       360                     360
SAN MARCOS                        ARMS            No                       360                       360                     360
SAN MARCOS                       FIXED            Yes                      180                       360                     360
TEMECULA                         FIXED            No                       360                       360                     360
TEMECULA                         FIXED            Yes                      180                       360                     360
SAN DIEGO                        FIXED            Yes                      360                       480                     480
HIGLEY                           FIXED            No                       360                       360                     360
BIG BEAR CITY                    FIXED            No                       360                       360                     360
SALINAS                          FIXED            No                       360                       360                     360
SALINAS                          FIXED            Yes                      180                       360                     360
MURRIETA                         FIXED            No                       360                       360                     360
MENIFEE                           ARMS            No                       360                       360                     360
ALTON                             ARMS            No                       360                       360                     360
CLIFTON                           ARMS            No                       360                       360                     360
EL SOBRANTE                      FIXED            Yes                      180                       360                     360
KELLER                           FIXED            No                       360                       360                     360
LANCASTER                        FIXED            Yes                      360                       480                     480
PALMDALE                          ARMS            No                       360                       360                     360
EVERETT                           ARMS            No                       360                       360                     360
RESEDA                            ARMS            No                       360                       360                     360
SCOTTSDALE                        ARMS            No                       360                       360                     360
EL SOBRANTE                       ARMS            No                       360                       360                     360
EAST ORANGE                      FIXED            No                       360                       360                     360
FRISCO                           FIXED            No                       360                       360                     360
COSTA MESA                        ARMS            No                       360                       360                     360
PUYALLUP                         FIXED            Yes                      180                       360                     360
COLLIERVILLE                     FIXED            No                       360                       360                     360
FORT WORTH                       FIXED            No                       360                       360                     360
SAINT LOUIS                      FIXED            No                       360                       360                     360
SEATTLE                           ARMS            No                       360                       360                     360
SEATTLE                          FIXED            Yes                      180                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
LOVES PARK                       FIXED            Yes                      360                       480                     480
COEUR D ALENE                    FIXED            No                       360                       360                     360
SEATAC                           FIXED            No                       360                       360                     360
LOS ANGELES                      FIXED            Yes                      180                       360                     360
LOS ANGELES                      FIXED            No                       360                       360                     360
BATESVILLE                        ARMS            No                       360                       360                     360
DELRAY BEACH                      ARMS            No                       360                       360                     360
CITY OF UPLAND                    ARMS            No                       360                       360                     360
SAINT LOUIS                      FIXED            Yes                      180                       360                     360
FORT SMITH                       FIXED            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
FONTANA                          FIXED            No                       360                       360                     360
LAMAR                            FIXED            No                       360                       360                     360
OXON HILL                        FIXED            No                       360                       360                     360
FAIRHAVEN                        FIXED            Yes                      180                       360                     360
HYANNIS                          FIXED            No                       360                       360                     360
FORT WORTH                       FIXED            No                       360                       360                     360
HUNTINGTON PARK                  FIXED            Yes                      180                       360                     360
CAPE GIRARDEAU                    ARMS            No                       360                       360                     360
WYOMING                           ARMS            No                       360                       360                     360
BALTIMORE                        FIXED            No                       360                       360                     360
BURBANK                          FIXED            Yes                      180                       360                     360
SPOKANE                          FIXED            Yes                      360                       480                     480
CLOVIS                           FIXED            Yes                      360                       480                     480
SPRING VALLEY                     ARMS            No                       360                       360                     360
MURRIETA                         FIXED            Yes                      180                       360                     360
FLOSSMOOR                        FIXED            No                       360                       360                     360
BELVIDERE                        FIXED            No                       360                       360                     360
PFLUGERVILLE                     FIXED            Yes                      180                       360                     360
GALENA PARK                      FIXED            Yes                      180                       360                     360
COLUMBIA                         FIXED            No                       360                       360                     360
CHICAGO                          FIXED            Yes                      180                       360                     360
WEST LINN                        FIXED            No                       360                       360                     360
TOMBALL                          FIXED            Yes                      180                       360                     360
WEST VALLEY CIT                  FIXED            Yes                      180                       360                     360
HOUSTON                           ARMS            No                       360                       360                     360
LONG BEACH                       FIXED            No                       360                       360                     360
KISSIMMEE                         ARMS            No                       360                       360                     360
KATY                              ARMS            No                       360                       360                     360
TAMPA                            FIXED            No                       360                       360                     360
YOUNGSTOWN                        ARMS            No                       360                       360                     360
PALO                              ARMS            No                       360                       360                     360
LYNN                             FIXED            No                       360                       360                     360
TURRELL                          FIXED            No                       240                       240                     240
PEMBROKE PINES                   FIXED            No                       360                       360                     360
LITTLETON                        FIXED            Yes                      180                       360                     360
FORT VALLEY                       ARMS            No                       360                       360                     360
SAN BERNARDINO                   FIXED            Yes                      180                       360                     360
PHENIX                            ARMS            No                       360                       360                     360
OAK PARK                         FIXED            Yes                      180                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
LONG BEACH                       FIXED            No                       360                       360                     360
WICHITA                          FIXED            No                       360                       360                     360
CORONA                            ARMS            No                       360                       360                     360
PUTNAM CT 06260                  FIXED            No                       360                       360                     360
WHITTIER AREA                    FIXED            No                       360                       360                     360
QUARTZ HILL ARE                  FIXED            Yes                      180                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
SAN JUAN                         FIXED            No                       360                       360                     360
NEWTON                           FIXED            No                       360                       360                     360
MAQUOKETA                        FIXED            No                       360                       360                     360
PRAIRIE CITY                     FIXED            No                       360                       360                     360
KANSAS CITY                      FIXED            Yes                      360                       480                     480
EAGLE MOUNTAIN                   FIXED            Yes                      180                       360                     360
YORBA LINDA                      FIXED            Yes                      180                       360                     360
INGLEWOOD                         ARMS            No                       360                       360                     360
MINDEN                           FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
IOLA                             FIXED            No                       360                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
SAINT LOUIS                       ARMS            No                       360                       360                     360
HOUSTON                           ARMS            No                       360                       360                     360
CHICAGO                          FIXED            No                       360                       360                     360
FORT WORTH                       FIXED            No                       360                       360                     360
FLORISSANT                       FIXED            No                       360                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
ISSAQUAH                         FIXED            No                       360                       360                     360
FRESNO                           FIXED            Yes                      180                       360                     360
REDMOND                           ARMS            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
COSTA MESA                       FIXED            Yes                      360                       480                     480
TEMPE                             ARMS            No                       360                       360                     360
CARROLLTON                       FIXED            No                       180                       180                     180
HOUSTON                          FIXED            No                       360                       360                     360
UNIC AREA OF LA                  FIXED            Yes                      180                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
SAINT LOUIS                      FIXED            No                       360                       360                     360
OMAHA                             ARMS            No                       360                       360                     360
DAVENPORT                        FIXED            No                       360                       360                     360
DAVENPORT                        FIXED            Yes                      180                       360                     360
LEAVENWORTH                       ARMS            No                       360                       360                     360
SPANAWAY                         FIXED            Yes                      360                       480                     480
PORT ORCHARD                     FIXED            No                       360                       360                     360
POST FALLS                        ARMS            No                       360                       360                     360
POST FALLS                       FIXED            Yes                      180                       360                     360
IONA                              ARMS            No                       360                       360                     360
POULSBO                          FIXED            No                       360                       360                     360
BELLINGHAM                        ARMS            No                       360                       360                     360
SPANAWAY                          ARMS            No                       360                       360                     360
GERVAIS                           ARMS            No                       360                       360                     360
HARRISBURG                       FIXED            No                       360                       360                     360
HARRISBURG                       FIXED            Yes                      180                       360                     360
TACOMA                            ARMS            No                       360                       360                     360
VANCOUVER                        FIXED            No                       360                       360                     360
NORTH LAS VEGAS                  FIXED            No                       360                       360                     360
NORTH LAS VEGAS                  FIXED            Yes                      180                       360                     360
BURLINGTON                       FIXED            No                       360                       360                     360
PORT ORCHARD                      ARMS            No                       360                       360                     360
ONTARIO                          FIXED            Yes                      360                       480                     480
APPLE VALLEY                      ARMS            No                       360                       360                     360
120-120 1/2 41S                   ARMS            No                       360                       360                     360
NORWALK                           ARMS            No                       360                       360                     360
NORWALK                          FIXED            Yes                      180                       360                     360
CARSON                            ARMS            No                       360                       360                     360
120-120 1/2 41S                  FIXED            Yes                      180                       360                     360
LONG BEACH                       FIXED            No                       360                       360                     360
WINNETKA                          ARMS            No                       360                       360                     360
WINNETKA                         FIXED            Yes                      180                       360                     360
RIVERSIDE                        FIXED            Yes                      180                       360                     360
AREA OF LOS ANG                   ARMS            No                       360                       360                     360
LONG BEACH                       FIXED            No                       360                       360                     360
REDONDO BEACH                     ARMS            No                       360                       360                     360
SURPRISE                         FIXED            Yes                      360                       480                     480
RANCHO CUCAMONG                   ARMS            No                       360                       360                     360
ORANGE                            ARMS            No                       360                       360                     360
ORANGE                           FIXED            Yes                      180                       360                     360
FONTANA                           ARMS            No                       360                       360                     360
(STUDIO CITY AR                   ARMS            No                       360                       360                     360
PALMDALE                          ARMS            No                       360                       360                     360
HEMET                             ARMS            No                       360                       360                     360
LOS ANGELES                      FIXED            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
LOS ANGELES                      FIXED            Yes                      360                       480                     480
SAN BERNARDINO                    ARMS            No                       360                       360                     360
FONTANA                           ARMS            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
LONG BEACH                       FIXED            Yes                      360                       480                     480
(LA PUENTE AREA                   ARMS            No                       360                       360                     360
VAN NUYS AREA L                  FIXED            No                       360                       360                     360
SAN DIMAS                         ARMS            No                       360                       360                     360
OXNARD                           FIXED            No                       360                       360                     360
AREA OF HEMET                     ARMS            No                       360                       360                     360
HESPERIA                          ARMS            No                       360                       360                     360
STOCKTON                          ARMS            No                       360                       360                     360
LAKEWOOD                          ARMS            No                       360                       360                     360
FONTANA                           ARMS            No                       360                       360                     360
LAWNDALE                         FIXED            No                       360                       360                     360
CANOGA PARK ARE                   ARMS            No                       360                       360                     360
FALLBROOK                         ARMS            No                       360                       360                     360
LAS VEGAS                         ARMS            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
COMPTON                           ARMS            No                       360                       360                     360
BALDWIN PARK                      ARMS            No                       360                       360                     360
CYPRESS                           ARMS            No                       360                       360                     360
COMPTON                           ARMS            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
LONG BEACH                        ARMS            No                       360                       360                     360
LONG BEACH                       FIXED            Yes                      180                       360                     360
SANTA ANA                        FIXED            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
SAN DIEGO                         ARMS            No                       360                       360                     360
AREA OF SYLMAR                    ARMS            No                       360                       360                     360
CHINO                             ARMS            No                       360                       360                     360
AREA OF BLOOMIN                  FIXED            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
(COMPTON AREA)                    ARMS            No                       360                       360                     360
PROVO                             ARMS            No                       360                       360                     360
ADELANTO                          ARMS            No                       360                       360                     360
KENNEWICK                         ARMS            No                       360                       360                     360
PORTLAND                          ARMS            No                       360                       360                     360
COEUR D ALENE                     ARMS            No                       360                       360                     360
EATONVILLE                        ARMS            No                       360                       360                     360
FEDERAL WAY                      FIXED            No                       360                       360                     360
PORTLAND                         FIXED            Yes                      360                       480                     480
RENTON                            ARMS            No                       360                       360                     360
SPANAWAY                          ARMS            No                       360                       360                     360
SPANAWAY                         FIXED            Yes                      180                       360                     360
SEATTLE                           ARMS            No                       360                       360                     360
SUMNER                            ARMS            No                       360                       360                     360
LAKE FOREST                       ARMS            No                       360                       360                     360
MARYSVILLE                        ARMS            No                       360                       360                     360
ASHFORD                          FIXED            Yes                      180                       360                     360
RATHDRUM                          ARMS            No                       360                       360                     360
ABERDEEN                          ARMS            No                       360                       360                     360
MILWAUKIE                        FIXED            No                       360                       360                     360
REDMOND                           ARMS            No                       360                       360                     360
TACOMA                            ARMS            No                       360                       360                     360
PUYALLUP                          ARMS            No                       360                       360                     360
PUYALLUP                          ARMS            No                       360                       360                     360
KENNEWICK                        FIXED            Yes                      180                       360                     360
PORTLAND                          ARMS            No                       360                       360                     360
MULWAUKIE                        FIXED            No                       360                       360                     360
MALAGA                           FIXED            No                       360                       360                     360
PORT ORCHARD                     FIXED            Yes                      360                       480                     480
BUCKLEY                           ARMS            No                       360                       360                     360
BONNEY LAKE                      FIXED            No                       360                       360                     360
NAMPA                             ARMS            No                       360                       360                     360
TACOMA                            ARMS            No                       360                       360                     360
TACOMA                           FIXED            Yes                      180                       360                     360
LAKEWOOD                         FIXED            No                       360                       360                     360
OLYMPIA                           ARMS            No                       360                       360                     360
COEUR D ALENE                    FIXED            Yes                      180                       360                     360
TACOMA                            ARMS            No                       360                       360                     360
SPOKANE                           ARMS            No                       360                       360                     360
SEATTLE                           ARMS            No                       360                       360                     360
ABERDEEN                          ARMS            No                       360                       360                     360
COVINGTON                         ARMS            No                       360                       360                     360
TACOMA                            ARMS            No                       360                       360                     360
EUGENE                            ARMS            No                       360                       360                     360
TACOMA                            ARMS            No                       360                       360                     360
PHOENIX                           ARMS            No                       360                       360                     360
SUMNER                            ARMS            No                       360                       360                     360
EUGENE                           FIXED            No                       360                       360                     360
SEATTLE                           ARMS            No                       360                       360                     360
WOODINVILLE                      FIXED            No                       360                       360                     360
TACOMA                            ARMS            No                       360                       360                     360
SHELTON                           ARMS            No                       360                       360                     360
EVERETT                           ARMS            No                       360                       360                     360
PASADENA                         FIXED            Yes                      180                       360                     360
SIMI VALLEY                       ARMS            No                       360                       360                     360
VICTORVILLE                       ARMS            No                       360                       360                     360
PALMDALE                          ARMS            No                       360                       360                     360
LOS ANGELES                      FIXED            Yes                      180                       360                     360
SAN DIEGO                        FIXED            No                       360                       360                     360
BUENA PARK                        ARMS            No                       360                       360                     360
TRABUCO CANYON                    ARMS            No                       360                       360                     360
CHATSWORTH                        ARMS            No                       360                       360                     360
CORONA                           FIXED            Yes                      180                       360                     360
BELLFLOWER                       FIXED            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
HAWTHORNE                         ARMS            No                       360                       360                     360
IRVINE                           FIXED            No                       240                       240                     240
SANTA PAULA                      FIXED            No                       360                       360                     360
LAKEWOOD                         FIXED            Yes                      360                       480                     480
ALHAMBRA                          ARMS            No                       360                       360                     360
SACRAMENTO                       FIXED            Yes                      360                       480                     480
LOS ANGELES                       ARMS            No                       360                       360                     360
SAN BERNARDINO                    ARMS            No                       360                       360                     360
STOCKTON                          ARMS            No                       360                       360                     360
LONG BEACH                        ARMS            No                       360                       360                     360
KLAMATH FALLS                     ARMS            No                       360                       360                     360
BELLINGHAM                       FIXED            Yes                      180                       360                     360
PORTLAND                         FIXED            Yes                      180                       360                     360
PUYALLUP                          ARMS            No                       360                       360                     360
TACOMA                            ARMS            No                       360                       360                     360
WASILLA                          FIXED            Yes                      180                       360                     360
SPOKANE                           ARMS            No                       360                       360                     360
WENDELL                          FIXED            No                       360                       360                     360
PAYETTE                          FIXED            Yes                      360                       480                     480
TACOMA                           FIXED            No                       360                       360                     360
SUQUAMISH                        FIXED            No                       360                       360                     360
PORTLAND                         FIXED            No                       360                       360                     360
TACOMA                           FIXED            Yes                      180                       360                     360
PUYALLUP                         FIXED            Yes                      180                       360                     360
UNIVERSITY PLAC                  FIXED            No                       360                       360                     360
COVINGTON                        FIXED            Yes                      180                       360                     360
TWIN FALLS                       FIXED            Yes                      180                       360                     360
GIG HARBOR                        ARMS            No                       360                       360                     360
SHELTON                          FIXED            No                       360                       360                     360
PORTLAND                          ARMS            No                       360                       360                     360
SPRINGFIELD                      FIXED            Yes                      180                       360                     360
SEDRO WOOLLEY                    FIXED            Yes                      360                       480                     480
REPUBLIC                         FIXED            No                       360                       360                     360
ABERDEEN                          ARMS            No                       360                       360                     360
OTHELLO                          FIXED            No                       360                       360                     360
BOTHELL                          FIXED            Yes                      180                       360                     360
SPOKANE                          FIXED            No                       360                       360                     360
SPOKANE                          FIXED            Yes                      180                       360                     360
VALHALLA                         FIXED            No                       360                       360                     360
MONCKS CORNER                    FIXED            No                       360                       360                     360
BANGOR                           FIXED            No                       360                       360                     360
TRENTON                           ARMS            No                       360                       360                     360
LANHAM                           FIXED            No                       360                       360                     360
LOWELL                           FIXED            No                       360                       360                     360
LOWELL                           FIXED            Yes                      180                       360                     360
CALUMET CITY                      ARMS            No                       360                       360                     360
CALUMET CITY                     FIXED            Yes                      180                       360                     360
TOWER CITY                       FIXED            No                       360                       360                     360
MARKHAM                          FIXED            No                       360                       360                     360
SAINT CLAIR SHO                   ARMS            No                       360                       360                     360
ATLANTA                          FIXED            No                       360                       360                     360
MONTICELLO                       FIXED            Yes                      180                       360                     360
NORRIDGE                          ARMS            No                       360                       360                     360
BROOKLYN PARK                    FIXED            No                       360                       360                     360
DETROIT                           ARMS            No                       360                       360                     360
DETROIT                          FIXED            Yes                      180                       360                     360
CANTON                           FIXED            Yes                      360                       480                     480
BOYNTON BEACH                    FIXED            Yes                      360                       480                     480
CHICAGO                          FIXED            No                       360                       360                     360
DECATUR                          FIXED            Yes                      360                       480                     480
GARY                             FIXED            Yes                      360                       480                     480
GARY                             FIXED            Yes                      180                       360                     360
HAMPTON                          FIXED            Yes                      360                       480                     480
ADDISON                          FIXED            No                       360                       360                     360
PALATINE                          ARMS            No                       360                       360                     360
ROBBINSDALE                      FIXED            Yes                      180                       360                     360
LITTLE FALLS                     FIXED            Yes                      360                       480                     480
PRINCETON                        FIXED            Yes                      360                       480                     480
BROOKLYN PARK                     ARMS            No                       360                       360                     360
BROOKLYN PARK                    FIXED            Yes                      180                       360                     360
LAND O LAKES                     FIXED            No                       360                       360                     360
CHASKA                           FIXED            No                       360                       360                     360
SAINT PAUL                       FIXED            No                       360                       360                     360
HANOVER PARK                      ARMS            No                       360                       360                     360
BUCKEYE                           ARMS            No                       360                       360                     360
KINGMAN                           ARMS            No                       360                       360                     360
LAS VEGAS                         ARMS            No                       360                       360                     360
PHOENIX                           ARMS            No                       360                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
KANSAS CITY                      FIXED            Yes                      180                       360                     360
DETROIT                          FIXED            Yes                      180                       360                     360
CHADWICK                         FIXED            Yes                      360                       480                     480
RICHMOND                         FIXED            No                       360                       360                     360
NEW BEDFORD                      FIXED            No                       360                       360                     360
RICHMOND                         FIXED            No                       360                       360                     360
COLUMBIA                          ARMS            No                       360                       360                     360
BANGOR                           FIXED            No                       360                       360                     360
NASHUA                           FIXED            No                       360                       360                     360
CHARLOTTE                        FIXED            No                       360                       360                     360
DETROIT                          FIXED            No                       360                       360                     360
CROWLEY                          FIXED            No                       360                       360                     360
MIAMI                            FIXED            No                       360                       360                     360
RIDGELAND                        FIXED            No                       360                       360                     360
RAILROAD FLAT                    FIXED            No                       360                       360                     360
LANCASTER                        FIXED            Yes                      360                       480                     480
RIDGELAND                        FIXED            Yes                      180                       360                     360
HALSTEAD                          ARMS            No                       360                       360                     360
GILBERT                          FIXED            No                       360                       360                     360
GILBERT                          FIXED            Yes                      180                       360                     360
DETROIT                          FIXED            Yes                      360                       480                     480
BRYAN                            FIXED            No                       360                       360                     360
LITTLE RIVER AC                  FIXED            No                       360                       360                     360
SAN ANTONIO                      FIXED            No                       360                       360                     360
LAREDO                           FIXED            No                       360                       360                     360
LAREDO                           FIXED            Yes                      180                       360                     360
HOUSTON                           ARMS            No                       360                       360                     360
KINGWOOD                         FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
BAYTOWN                          FIXED            No                       360                       360                     360
LA PORTE                         FIXED            No                       360                       360                     360
BAYTOWN                          FIXED            Yes                      180                       360                     360
BACLIFF                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      360                       480                     480
AUSTIN                           FIXED            No                       360                       360                     360
DEER PARK                        FIXED            No                       360                       360                     360
FORT WORTH                       FIXED            No                       360                       360                     360
FORT WORTH                        ARMS            No                       360                       360                     360
COLUMBIA                         FIXED            No                       360                       360                     360
JENKS                            FIXED            No                       360                       360                     360
MONCKS CORNER                    FIXED            No                       180                       180                     180
EL PASO                          FIXED            No                       360                       360                     360
SAN ANTONIO                       ARMS            No                       360                       360                     360
CARROLLTON                       FIXED            No                       360                       360                     360
CARROLLTON                        ARMS            No                       360                       360                     360
GARLAND                          FIXED            No                       360                       360                     360
EL PASO                          FIXED            No                       360                       360                     360
BOLIVAR                          FIXED            No                       360                       360                     360
ARLINGTON                        FIXED            Yes                      360                       480                     480
DALLAS                            ARMS            No                       360                       360                     360
MEMPHIS                          FIXED            Yes                      360                       480                     480
HITCHCOCK                        FIXED            No                       360                       360                     360
DESOTO                           FIXED            No                       360                       360                     360
ATHENS                            ARMS            No                       360                       360                     360
BOWIE                            FIXED            No                       360                       360                     360
BEDFORD                          FIXED            No                       360                       360                     360
DENISON                          FIXED            No                       360                       360                     360
SAN MARCOS                        ARMS            No                       360                       360                     360
CEDAR HILL                       FIXED            No                       360                       360                     360
GLENN HEIGHTS                    FIXED            No                       360                       360                     360
IRVING                           FIXED            No                       360                       360                     360
PRYOR                            FIXED            Yes                      180                       360                     360
ROWLETT                          FIXED            No                       360                       360                     360
BURLESON                         FIXED            No                       360                       360                     360
BOWIE                            FIXED            No                       360                       360                     360
BALCH SPRINGS                    FIXED            No                       360                       360                     360
BALCH SPRINGS                    FIXED            Yes                      180                       360                     360
MCKINNEY                         FIXED            No                       360                       360                     360
DALLAS                           FIXED            No                       360                       360                     360
WICHITA FALLS                    FIXED            No                       360                       360                     360
FORT WORTH                       FIXED            No                       360                       360                     360
GRAND PRAIRIE                    FIXED            No                       360                       360                     360
BOWIE                             ARMS            No                       360                       360                     360
GULFPORT                         FIXED            No                       360                       360                     360
MAYNARDVILLE                      ARMS            No                       360                       360                     360
VILONIA                           ARMS            No                       360                       360                     360
EL PASO                          FIXED            No                       360                       360                     360
FORT WORTH                        ARMS            No                       360                       360                     360
VICTORIA                          ARMS            No                       360                       360                     360
LOWRY CROSSING                   FIXED            No                       360                       360                     360
HAYDEN                           FIXED            No                       360                       360                     360
TELEPHONE                        FIXED            No                       360                       360                     360
GRAND PRAIRIE                     ARMS            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
STANHOPE                         FIXED            No                       360                       360                     360
PORT NECHES                      FIXED            No                       360                       360                     360
RICHMOND                         FIXED            No                       360                       360                     360
DALLAS                           FIXED            No                       360                       360                     360
SAN ANTONIO                      FIXED            No                       360                       360                     360
WILLIS                           FIXED            No                       360                       360                     360
KYLE                             FIXED            No                       360                       360                     360
HUMBLE                           FIXED            No                       360                       360                     360
HUNTSVILLE                       FIXED            No                       360                       360                     360
WILLIS                           FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
KATY                             FIXED            No                       360                       360                     360
HORIZON CITY                      ARMS            No                       360                       360                     360
NEW BRAUNFELS                    FIXED            No                       360                       360                     360
PASADENA                         FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
LEANDER                          FIXED            No                       360                       360                     360
S. OGDEN                          ARMS            No                       360                       360                     360
BILLINGS                          ARMS            No                       360                       360                     360
TOOELE                            ARMS            No                       360                       360                     360
LEHI                             FIXED            No                       360                       360                     360
WEST VALLEY                       ARMS            No                       360                       360                     360
SAINT GEORGE                      ARMS            No                       360                       360                     360
COLORADO SPRING                  FIXED            Yes                      360                       480                     480
WALDORF                          FIXED            Yes                      180                       360                     360
OWINGS MILLS                      ARMS            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
CHICAGO                          FIXED            Yes                      180                       360                     360
GLENDALE HEIGHT                  FIXED            No                       360                       360                     360
LA MARQUE                         ARMS            No                       360                       360                     360
LAKE JACKSON                     FIXED            Yes                      180                       360                     360
EL PASO                          FIXED            No                       360                       360                     360
SHOREACRES                       FIXED            No                       360                       360                     360
EDINBURG                         FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
MONTGOMERY                        ARMS            No                       360                       360                     360
ANGLETON                         FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      360                       480                     480
MAGNOLIA                         FIXED            No                       360                       360                     360
LEADWOOD                          ARMS            No                       360                       360                     360
ST. LOUIS                        FIXED            No                       360                       360                     360
LINCOLN                          FIXED            No                       360                       360                     360
MILFORD                          FIXED            No                       360                       360                     360
SAINT LOUIS                       ARMS            No                       360                       360                     360
JESUP                            FIXED            No                       360                       360                     360
LEAVENWORTH                      FIXED            Yes                      180                       360                     360
MASON CITY                       FIXED            No                       360                       360                     360
INDEPENDENCE                     FIXED            No                       360                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
ST. LOUIS                        FIXED            Yes                      360                       480                     480
BLAIR                             ARMS            No                       360                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
DES MOINES                       FIXED            No                       360                       360                     360
OMAHA                            FIXED            No                       360                       360                     360
RAYMORE                          FIXED            No                       360                       360                     360
SAINT LOUIS                       ARMS            No                       360                       360                     360
FREEBURG                         FIXED            No                       360                       360                     360
COUNCIL BLUFFS                    ARMS            No                       360                       360                     360
OLATHE                           FIXED            No                       360                       360                     360
ST. LOUIS                        FIXED            Yes                      180                       360                     360
CANTON                            ARMS            No                       360                       360                     360
SIBLEY                            ARMS            No                       360                       360                     360
SAINT LOUIS                       ARMS            No                       360                       360                     360
TIFFIN                           FIXED            No                       360                       360                     360
LEE'S SUMMIT                     FIXED            Yes                      360                       480                     480
KANSAS CITY                       ARMS            No                       360                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
SAINT LOUIS                       ARMS            No                       360                       360                     360
COUNCIL BLUFFS                    ARMS            No                       360                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
SAINT LOUIS                       ARMS            No                       360                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
ST. LOUIS                         ARMS            No                       360                       360                     360
LEON                              ARMS            No                       360                       360                     360
BELLEVUE                          ARMS            No                       360                       360                     360
WICHITA                          FIXED            No                       360                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
OMAHA                             ARMS            No                       360                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
OVERLAND PARK                     ARMS            No                       360                       360                     360
HUTCHINSON                        ARMS            No                       360                       360                     360
BATES CITY                       FIXED            No                       360                       360                     360
COSBY                             ARMS            No                       360                       360                     360
WENATCHEE                         ARMS            No                       360                       360                     360
WEST LINN                        FIXED            Yes                      360                       480                     480
BREMERTON                        FIXED            No                       360                       360                     360
PORTLAND                         FIXED            Yes                      180                       360                     360
CAMARILLO                        FIXED            Yes                      180                       360                     360
QUARTZ HILL ARE                   ARMS            No                       360                       360                     360
CARSON                           FIXED            Yes                      180                       360                     360
APPLE VALLEY AR                  FIXED            Yes                      180                       360                     360
BUENA PARK                        ARMS            No                       360                       360                     360
QUARTZ HILL ARE                  FIXED            No                       360                       360                     360
WILMINGTON AREA                  FIXED            Yes                      180                       360                     360
LOS ANGELES                      FIXED            No                       360                       360                     360
ADELANTO                         FIXED            No                       360                       360                     360
LANCASTER AREA                   FIXED            No                       360                       360                     360
NIPOMO                           FIXED            Yes                      180                       360                     360
CORONA                            ARMS            No                       360                       360                     360
VENTURA (AREA O                  FIXED            No                       360                       360                     360
NORTHRIDGE AREA                  FIXED            No                       360                       360                     360
NORTHRIDGE AREA                  FIXED            No                       360                       360                     360
WOODLAND HILLS                    ARMS            No                       360                       360                     360
POMONA                            ARMS            No                       360                       360                     360
VICTORVILLE                       ARMS            No                       360                       360                     360
HEMET                            FIXED            Yes                      180                       360                     360
MATTAWA                          FIXED            Yes                      180                       360                     360
COEUR D ALENE                     ARMS            No                       360                       360                     360
IDAHO FALLS                      FIXED            Yes                      180                       360                     360
SPOKANE                           ARMS            No                       360                       360                     360
EVERETT                          FIXED            Yes                      180                       360                     360
SPOKANE                          FIXED            Yes                      180                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
CEDAR RAPIDS                      ARMS            No                       360                       360                     360
OVERLAND PARK                    FIXED            No                       360                       360                     360
DES MOINES                       FIXED            Yes                      360                       480                     480
MAQUOKETA                        FIXED            No                       360                       360                     360
ST. PETERS                        ARMS            No                       360                       360                     360
GARDNER                          FIXED            No                       360                       360                     360
ABBYVILLE                         ARMS            No                       360                       360                     360
ST. LOUIS                         ARMS            No                       360                       360                     360
DES MOINES                       FIXED            Yes                      360                       480                     480
MAQUOKETA                        FIXED            No                       360                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
PERRY                            FIXED            No                       360                       360                     360
OVERLAND PARK                    FIXED            No                       360                       360                     360
OLATHE                           FIXED            Yes                      360                       480                     480
KANSAS CITY                      FIXED            No                       360                       360                     360
GRANDVIEW                        FIXED            Yes                      360                       480                     480
ADAIR                            FIXED            No                       360                       360                     360
ASHLAND                           ARMS            No                       360                       360                     360
KANSAS CITY                      FIXED            Yes                      360                       480                     480
VIOLA                            FIXED            No                       360                       360                     360
GRAIN VALLEY                     FIXED            Yes                      180                       360                     360
MAQUOKETA                        FIXED            No                       360                       360                     360
COLORADO SPRING                  FIXED            Yes                      360                       480                     480
KANSAS CITY                      FIXED            Yes                      180                       360                     360
CRESTON                          FIXED            No                       360                       360                     360
COVINGTON                        FIXED            Yes                      360                       480                     480
ELIZABETH CITY                    ARMS            No                       360                       360                     360
FORT WALTON BEA                   ARMS            No                       360                       360                     360
ATLANTA                           ARMS            No                       360                       360                     360
MCHENRY                          FIXED            Yes                      360                       480                     480
HIALEAH                          FIXED            No                       360                       360                     360
LITHONIA                         FIXED            Yes                      360                       480                     480
ORLANDO                           ARMS            No                       360                       360                     360
PORT SAINT LUCI                   ARMS            No                       360                       360                     360
CLERMONT                          ARMS            No                       360                       360                     360
MIAMI                             ARMS            No                       360                       360                     360
CHICAGO                          FIXED            Yes                      360                       480                     480
NORTH AUGUSTA                    FIXED            No                       360                       360                     360
ATLANTA                          FIXED            Yes                      360                       480                     480
SUNRISE                           ARMS            No                       360                       360                     360
ATLANTA                          FIXED            No                       360                       360                     360
NORTHBROOK                       FIXED            No                       360                       360                     360
SNELLVILLE                        ARMS            No                       360                       360                     360
CAROL STREAM                      ARMS            No                       360                       360                     360
ELLENWOOD                         ARMS            No                       360                       360                     360
TAMPA                             ARMS            No                       360                       360                     360
COVINGTON                         ARMS            No                       360                       360                     360
NEWNAN                           FIXED            Yes                      360                       480                     480
ELLENWOOD                        FIXED            Yes                      360                       480                     480
ORANGE PARK                       ARMS            No                       360                       360                     360
SCOTTSDALE                       FIXED            Yes                      180                       360                     360
CASA GRANDE                      FIXED            Yes                      180                       360                     360
PHOENIX                           ARMS            No                       360                       360                     360
CASA GRANDE                      FIXED            Yes                      180                       360                     360
QUEEN CREEK                      FIXED            Yes                      180                       360                     360
PHOENIX                           ARMS            No                       360                       360                     360
SURPRISE                         FIXED            Yes                      180                       360                     360
TUCSON                           FIXED            Yes                      180                       360                     360
QUEEN CREEK                       ARMS            No                       360                       360                     360
CASA GRANDE                      FIXED            No                       360                       360                     360
NORTH LAS VEGAS                  FIXED            Yes                      180                       360                     360
LAS VEGAS                        FIXED            No                       360                       360                     360
GOLD CANYON                       ARMS            No                       360                       360                     360
MAYER                            FIXED            No                       360                       360                     360
QUEEN CREEK                      FIXED            No                       360                       360                     360
KINGMAN                          FIXED            Yes                      180                       360                     360
TUCSON                           FIXED            No                       360                       360                     360
SURPRISE                         FIXED            Yes                      180                       360                     360
CASA GRANDE                      FIXED            Yes                      180                       360                     360
LAS VEGAS                         ARMS            No                       360                       360                     360
GOODYEAR                          ARMS            No                       360                       360                     360
SURPRISE                          ARMS            No                       360                       360                     360
TOLLESON                          ARMS            No                       360                       360                     360
MESA                              ARMS            No                       360                       360                     360
QUEEN CREEK                       ARMS            No                       360                       360                     360
LAS VEGAS                        FIXED            Yes                      180                       360                     360
QUEEN CREEK                      FIXED            Yes                      180                       360                     360
CASA GRANDE                       ARMS            No                       360                       360                     360
LAS VEGAS                         ARMS            No                       360                       360                     360
AVONDALE                          ARMS            No                       360                       360                     360
FORT MOHAVE                       ARMS            No                       360                       360                     360
QUEEN CREEK                       ARMS            No                       360                       360                     360
GLENDALE                          ARMS            No                       360                       360                     360
SURPRISE                          ARMS            No                       360                       360                     360
NORTH LAS VEGAS                  FIXED            Yes                      360                       480                     480
SEDONA                            ARMS            No                       360                       360                     360
LAS VEGAS                         ARMS            No                       360                       360                     360
PHOENIX                           ARMS            No                       360                       360                     360
PHOENIX                           ARMS            No                       360                       360                     360
PHOENIX                           ARMS            No                       360                       360                     360
QUEEN CREEK                       ARMS            No                       360                       360                     360
QUEEN CREEK                       ARMS            No                       360                       360                     360
QUEEN CREEK                       ARMS            No                       360                       360                     360
SAHUARITA                         ARMS            No                       360                       360                     360
AMADO                             ARMS            No                       360                       360                     360
TUCSON                            ARMS            No                       360                       360                     360
PHOENIX                           ARMS            No                       360                       360                     360
LAVEEN                            ARMS            No                       360                       360                     360
SURPRISE                          ARMS            No                       360                       360                     360
PEORIA                            ARMS            No                       360                       360                     360
SURPRISE                         FIXED            No                       360                       360                     360
QUEEN CREEK                       ARMS            No                       360                       360                     360
KINGMAN                           ARMS            No                       360                       360                     360
PHOENIX                           ARMS            No                       360                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
INDEPENDENCE                      ARMS            No                       360                       360                     360
CHARLES CITY                     FIXED            No                       360                       360                     360
INDEPENDENCE                      ARMS            No                       360                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
SENECA                           FIXED            Yes                      180                       360                     360
LEAVENWORTH                       ARMS            No                       360                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
DES MOINES                        ARMS            No                       360                       360                     360
COUNCIL BLUFFS                   FIXED            Yes                      180                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
PALATINE                         FIXED            Yes                      360                       480                     480
PORT CHARLOTTE                    ARMS            No                       360                       360                     360
ATLANTA                           ARMS            No                       360                       360                     360
CHICAGO                          FIXED            No                       360                       360                     360
ATLANTA                           ARMS            No                       360                       360                     360
ST CLAIR SHORES                   ARMS            No                       360                       360                     360
CHICAGO                          FIXED            No                       360                       360                     360
LITHONIA                         FIXED            Yes                      180                       360                     360
JACKSON                          FIXED            No                       360                       360                     360
AURORA                           FIXED            No                       360                       360                     360
HOFFMAN ESTATES                  FIXED            No                       360                       360                     360
COON RAPIDS                      FIXED            No                       360                       360                     360
PLAINFIELD                       FIXED            No                       360                       360                     360
SCHAUMBURG                       FIXED            No                       360                       360                     360
JACKSONVILLE                     FIXED            No                       360                       360                     360
DETROIT                           ARMS            No                       360                       360                     360
RUFFIN                           FIXED            No                       360                       360                     360
TITUSVILLE                        ARMS            No                       360                       360                     360
ROSEVILLE                        FIXED            No                       360                       360                     360
LAKELAND                         FIXED            Yes                      360                       480                     480
CHICAGO                          FIXED            No                       360                       360                     360
RIVERDALE                        FIXED            Yes                      360                       480                     480
CHICAGO                          FIXED            No                       360                       360                     360
CHICAGO HEIGHTS                   ARMS            No                       360                       360                     360
ROCKMART                         FIXED            No                       360                       360                     360
BOGART                           FIXED            No                       360                       360                     360
EVANSVILLE                       FIXED            No                       360                       360                     360
DETROIT                          FIXED            No                       360                       360                     360
GAINESVILLE                       ARMS            No                       360                       360                     360
MIRAMAR                           ARMS            No                       360                       360                     360
MAYWOOD                          FIXED            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
ROSEMONT                          ARMS            No                       360                       360                     360
NEWAYGO                           ARMS            No                       360                       360                     360
NEWAYGO                          FIXED            Yes                      180                       360                     360
ATLANTA                          FIXED            Yes                      180                       360                     360
HARVEY                            ARMS            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
MILTON                           FIXED            No                       360                       360                     360
WOODRIDGE                        FIXED            No                       360                       360                     360
ST LOUIS PARK                    FIXED            No                       360                       360                     360
HIGH POINT                        ARMS            No                       360                       360                     360
BELLEVILLE                       FIXED            No                       360                       360                     360
CONYERS                           ARMS            No                       360                       360                     360
COVINGTON                        FIXED            Yes                      180                       360                     360
VALDOSTA                         FIXED            No                       360                       360                     360
DEFUNIAK SPRING                  FIXED            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
MACOMB                           FIXED            No                       360                       360                     360
HIALEAH                          FIXED            Yes                      360                       480                     480
ELK RIVER                         ARMS            No                       360                       360                     360
LAFAYETTE                        FIXED            No                       360                       360                     360
GATESVILLE                        ARMS            No                       360                       360                     360
AUGUSTA                          FIXED            No                       360                       360                     360
MOUNT PROSPECT                    ARMS            No                       360                       360                     360
ROCHELLE                          ARMS            No                       360                       360                     360
MOUNT VERNON                      ARMS            No                       360                       360                     360
DETROIT                           ARMS            No                       360                       360                     360
TAMPA                            FIXED            Yes                      180                       360                     360
TEMPLE                           FIXED            Yes                      360                       480                     480
DOUGLASVILLE                     FIXED            Yes                      180                       360                     360
ROSELLE                           ARMS            No                       360                       360                     360
ELMORE                            ARMS            No                       360                       360                     360
CROSS                            FIXED            No                       360                       360                     360
LECANTO                          FIXED            Yes                      180                       360                     360
DECATUR                          FIXED            Yes                      360                       480                     480
AUBURN HILLS                      ARMS            No                       360                       360                     360
LOUISVILLE                        ARMS            No                       360                       360                     360
GLENDALE HEIGHT                  FIXED            Yes                      360                       480                     480
RIVERVIEW                        FIXED            Yes                      180                       360                     360
SOUTH HOLLAND                     ARMS            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
MAYWOOD                          FIXED            Yes                      360                       480                     480
CHICAGO                           ARMS            No                       360                       360                     360
LILBURN                           ARMS            No                       360                       360                     360
DEERFIELD                         ARMS            No                       360                       360                     360
NEW PORT RICHEY                  FIXED            No                       360                       360                     360
GLENWOOD                         FIXED            Yes                      360                       480                     480
INDIANAPOLIS                      ARMS            No                       360                       360                     360
UNION                            FIXED            No                       360                       360                     360
CHICAGO                          FIXED            No                       360                       360                     360
SANFORD                           ARMS            No                       360                       360                     360
ORLAND PARK                       ARMS            No                       360                       360                     360
ELGIN                             ARMS            No                       360                       360                     360
BELLWOOD                          ARMS            No                       360                       360                     360
JOLIET                            ARMS            No                       360                       360                     360
STERLING HEIGHT                   ARMS            No                       360                       360                     360
IXONIA                           FIXED            Yes                      360                       480                     480
BERWYN                            ARMS            No                       360                       360                     360
WHEATON                          FIXED            Yes                      360                       480                     480
SAUK VILLAGE                      ARMS            No                       360                       360                     360
GRAND RAPIDS                      ARMS            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
CHICAGO HEIGHTS                   ARMS            No                       360                       360                     360
DETROIT                          FIXED            No                       360                       360                     360
HAZEL PARK                        ARMS            No                       360                       360                     360
ROCKFORD                          ARMS            No                       360                       360                     360
HOLIDAY                          FIXED            No                       360                       360                     360
WESTCHESTER                       ARMS            No                       360                       360                     360
MACHESNEY PARK                    ARMS            No                       360                       360                     360
CUMMING                          FIXED            Yes                      360                       480                     480
BRADENTON                        FIXED            No                       360                       360                     360
GLENN DALE                        ARMS            No                       360                       360                     360
CHARLOTTE                         ARMS            No                       360                       360                     360
COLLEGE PARK                     FIXED            No                       360                       360                     360
MONTGOMERY                       FIXED            Yes                      360                       480                     480
BANGOR                           FIXED            No                       360                       360                     360
ROCHESTER HILLS                   ARMS            No                       360                       360                     360
FOX LAKE                          ARMS            No                       360                       360                     360
ULEN                             FIXED            No                       360                       360                     360
STONE MOUNTAIN                   FIXED            No                       360                       360                     360
ROCKMART                          ARMS            No                       360                       360                     360
ROCKMART                         FIXED            Yes                      180                       360                     360
SALEM                             ARMS            No                       360                       360                     360
PROVIDENCE                       FIXED            Yes                      360                       480                     480
REDDICK                          FIXED            No                       360                       360                     360
CHICAGO HEIGHTS                   ARMS            No                       360                       360                     360
HUDSON                            ARMS            No                       360                       360                     360
KENDUSKEAG                       FIXED            No                       360                       360                     360
SKOWHEGAN                        FIXED            No                       360                       360                     360
STAFFORD                         FIXED            No                       360                       360                     360
AGAWAM                           FIXED            No                       360                       360                     360
NEW LENOX                        FIXED            No                       360                       360                     360
UPPER MARLBORO                    ARMS            No                       360                       360                     360
BRIDGEVIEW                        ARMS            No                       360                       360                     360
WASHINGTON                       FIXED            No                       360                       360                     360
MAPLEWOOD                        FIXED            Yes                      180                       360                     360
BROOKLINE                        FIXED            No                       240                       240                     240
3EST WARWICK                     FIXED            Yes                      180                       360                     360
WESTBROOK                         ARMS            No                       360                       360                     360
RALEIGH                          FIXED            No                       360                       360                     360
BROOKLYN                         FIXED            No                       360                       360                     360
ATLANTA                          FIXED            Yes                      180                       360                     360
ELK RIVER                        FIXED            No                       360                       360                     360
CARMEL                           FIXED            No                       360                       360                     360
DISTRICT HEIGHT                   ARMS            No                       360                       360                     360
EVANSVILLE                       FIXED            No                       360                       360                     360
BROOKLYN                         FIXED            No                       360                       360                     360
ZEBULON                           ARMS            No                       360                       360                     360
NORTH ADAMS                       ARMS            No                       360                       360                     360
JONESBORO                         ARMS            No                       360                       360                     360
HAMPSTEAD                         ARMS            No                       360                       360                     360
MOREHEAD CITY                     ARMS            No                       360                       360                     360
LITTLETON                        FIXED            No                       360                       360                     360
WILMINGTON                       FIXED            No                       360                       360                     360
COLUMBIA                         FIXED            Yes                      360                       480                     480
WARREN                            ARMS            No                       360                       360                     360
LOCKPORT                          ARMS            No                       360                       360                     360
FLORHAM PARK                      ARMS            No                       360                       360                     360
BURNHAM                          FIXED            Yes                      180                       360                     360
BALTIMORE                        FIXED            No                       360                       360                     360
GREENSBORO                        ARMS            No                       360                       360                     360
SAINT ALBANS                     FIXED            No                       360                       360                     360
IRVINGTON                         ARMS            No                       360                       360                     360
BREWER                           FIXED            No                       360                       360                     360
CHICAGO                          FIXED            No                       360                       360                     360
SANFORD                          FIXED            No                       360                       360                     360
DORCHESTER                       FIXED            No                       360                       360                     360
GAINESVILLE                      FIXED            Yes                      180                       360                     360
SILVER SPRING                     ARMS            No                       360                       360                     360
ROCKFORD                         FIXED            No                       360                       360                     360
HERMON                            ARMS            No                       360                       360                     360
TWO HARBORS                      FIXED            Yes                      180                       360                     360
BALTIMORE                        FIXED            No                       360                       360                     360
WEST STEWARTSTO                  FIXED            No                       360                       360                     360
LOWELL                           FIXED            Yes                      180                       360                     360
MIDLOTHIAN                       FIXED            Yes                      360                       480                     480
PRINCESS ANNE                    FIXED            No                       360                       360                     360
CHICOPEE                         FIXED            Yes                      180                       360                     360
LOWELL                           FIXED            Yes                      360                       480                     480
LOWELL                           FIXED            Yes                      180                       360                     360
SOUTH OZONE PAR                  FIXED            No                       360                       360                     360
HIGH POINT                       FIXED            No                       360                       360                     360
ROSEVILLE                         ARMS            No                       360                       360                     360
BALTIMORE                        FIXED            No                       360                       360                     360
COUNTRY CLUB HI                  FIXED            No                       360                       360                     360
SPRINGFIELD                      FIXED            No                       360                       360                     360
SPRINGFIELD                      FIXED            Yes                      180                       360                     360
ATHENS                           FIXED            No                       360                       360                     360
GASTONIA                         FIXED            No                       180                       180                     180
ESSEX JUNCTION                   FIXED            No                       360                       360                     360
SAINT ALBANS                     FIXED            No                       360                       360                     360
DIXFIELD                         FIXED            No                       360                       360                     360
CORONA                           FIXED            Yes                      360                       480                     480
BALTIMORE                        FIXED            No                       360                       360                     360
BAY SHORE                        FIXED            Yes                      360                       480                     480
NORTH EAST                       FIXED            No                       360                       360                     360
EVERETT                          FIXED            Yes                      180                       360                     360
EDEN                             FIXED            No                       360                       360                     360
CHARLOTTE                         ARMS            No                       360                       360                     360
CRYSTAL LAKE                      ARMS            No                       360                       360                     360
BALTIMORE                        FIXED            Yes                      360                       480                     480
COVENTRY                         FIXED            No                       360                       360                     360
FRANKLINVILLE                    FIXED            Yes                      360                       480                     480
STEUBEN                          FIXED            No                       180                       180                     180
NEWARK                           FIXED            Yes                      360                       480                     480
CORINNA                          FIXED            No                       360                       360                     360
ATLANTA                          FIXED            Yes                      180                       360                     360
LEXINGTON                        FIXED            Yes                      360                       480                     480
HIBBING                           ARMS            No                       360                       360                     360
SCHAUMBURG                       FIXED            Yes                      180                       360                     360
UPPER MARLBORO                   FIXED            Yes                      360                       480                     480
LIVERMORE FALLS                  FIXED            No                       360                       360                     360
DETROIT                          FIXED            No                       360                       360                     360
BALTIMORE                         ARMS            No                       360                       360                     360
METROPOLIS                        ARMS            No                       360                       360                     360
JAMAICA                          FIXED            No                       360                       360                     360
SOMERSWORTH                      FIXED            No                       360                       360                     360
BURLINGTON                       FIXED            No                       360                       360                     360
RANDALLSTOWN                      ARMS            No                       360                       360                     360
ROSELLE                           ARMS            No                       360                       360                     360
CLINTON                          FIXED            Yes                      360                       480                     480
CLINTON                          FIXED            Yes                      180                       360                     360
RICHMOND                          ARMS            No                       360                       360                     360
WINSTON SALEM                    FIXED            No                       360                       360                     360
STRASBURG                         ARMS            No                       360                       360                     360
BEMIDJI                          FIXED            No                       180                       180                     180
DEKALB                           FIXED            No                       360                       360                     360
EVANSVILLE                       FIXED            No                       360                       360                     360
GLEN BURNIE                      FIXED            No                       360                       360                     360
SPRINGFIELD                       ARMS            No                       360                       360                     360
UNIVERSITY PARK                   ARMS            No                       360                       360                     360
LINWOOD                          FIXED            No                       180                       180                     180
PATERSON                         FIXED            Yes                      360                       480                     480
BRISTOL                          FIXED            No                       360                       360                     360
CHICAGO                          FIXED            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
INVER GROVE HEI                  FIXED            Yes                      360                       480                     480
KNAPP                            FIXED            No                       360                       360                     360
ALEXANDRIA                       FIXED            Yes                      180                       360                     360
AMERY                            FIXED            No                       360                       360                     360
CHICAGO                          FIXED            Yes                      180                       360                     360
NORTH SAINT PAU                  FIXED            No                       360                       360                     360
OXFORD                           FIXED            No                       360                       360                     360
RALEIGH                           ARMS            No                       360                       360                     360
LEVERING                          ARMS            No                       360                       360                     360
AURORA                           FIXED            Yes                      360                       480                     480
PORTLAND                         FIXED            No                       360                       360                     360
MUNDELEIN                        FIXED            Yes                      360                       480                     480
PORTLAND                         FIXED            No                       360                       360                     360
ROLLING MEADOWS                   ARMS            No                       360                       360                     360
GLENBURN                         FIXED            No                       360                       360                     360
DETROIT                           ARMS            No                       360                       360                     360
BENTON                           FIXED            No                       180                       180                     180
BURLINGTON                       FIXED            Yes                      360                       480                     480
SWANTON                          FIXED            No                       360                       360                     360
DETROIT                           ARMS            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
CHARLESTOWN                      FIXED            Yes                      360                       480                     480
BALTIMORE                        FIXED            Yes                      360                       480                     480
EAST GREENWICH                   FIXED            No                       360                       360                     360
CARMEL                           FIXED            No                       360                       360                     360
PATERSON                         FIXED            No                       360                       360                     360
WINSTON SALEM                    FIXED            No                       360                       360                     360
PETERBOROUGH                     FIXED            No                       360                       360                     360
JONESPORT                        FIXED            No                       360                       360                     360
PORTLAND                         FIXED            No                       360                       360                     360
ELGIN                            FIXED            Yes                      180                       360                     360
WOODBRIDGE                       FIXED            Yes                      360                       480                     480
HYATTSVILLE                       ARMS            No                       360                       360                     360
BLOOMINGTON                      FIXED            No                       360                       360                     360
ROCKFORD                          ARMS            No                       360                       360                     360
BALTIMORE                        FIXED            Yes                      360                       480                     480
HAMMOND                           ARMS            No                       360                       360                     360
HOLBROOK                          ARMS            No                       360                       360                     360
PATERSON                         FIXED            Yes                      180                       360                     360
SHAPLEIGH                        FIXED            No                       360                       360                     360
WATERVILLE                       FIXED            No                       360                       360                     360
FALL RIVER                       FIXED            No                       360                       360                     360
ALBANY                           FIXED            No                       360                       360                     360
MOUNT HOLLY                      FIXED            Yes                      180                       360                     360
MERRIMACK                        FIXED            Yes                      180                       360                     360
BALTIMORE                        FIXED            No                       360                       360                     360
LANDOVER                         FIXED            Yes                      180                       360                     360
MANCHESTER                       FIXED            Yes                      360                       480                     480
CHICAGO                           ARMS            No                       360                       360                     360
BARRE                            FIXED            Yes                      360                       480                     480
CHICAGO                          FIXED            No                       360                       360                     360
NASHUA                           FIXED            No                       360                       360                     360
CENTRAL ISLIP                    FIXED            No                       360                       360                     360
AURORA                           FIXED            No                       360                       360                     360
BREWER                           FIXED            No                       360                       360                     360
CUMBERLAND FORE                  FIXED            No                       360                       360                     360
SALISBURY                        FIXED            No                       360                       360                     360
PETERBOROUGH                     FIXED            Yes                      180                       360                     360
GLEN ALLEN                       FIXED            No                       360                       360                     360
REHOBOTH                         FIXED            No                       360                       360                     360
POOLESVILLE                      FIXED            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
NORTH PROVIDENC                   ARMS            No                       360                       360                     360
CHARLOTTE                        FIXED            Yes                      360                       480                     480
DAVENPORT                         ARMS            No                       360                       360                     360
SHELTON                          FIXED            Yes                      360                       480                     480
DES MOINES                       FIXED            No                       180                       180                     180
CARL JUNCTION                    FIXED            No                       360                       360                     360
MARSHFIELD                       FIXED            No                       360                       360                     360
BOELUS                           FIXED            No                       360                       360                     360
GUTHRIE CENTER                   FIXED            No                       360                       360                     360
OLATHE                           FIXED            Yes                      180                       360                     360
LUFKIN                           FIXED            No                       360                       360                     360
MANSFIELD                        FIXED            No                       360                       360                     360
BRANDON                           ARMS            No                       360                       360                     360
BLACK CANYON CI                  FIXED            No                       360                       360                     360
CARLSBAD                          ARMS            No                       360                       360                     360
MISSION VIEJO                     ARMS            No                       360                       360                     360
APLINGTON                        FIXED            No                       360                       360                     360
ELDON                            FIXED            No                       360                       360                     360
NEWTON                           FIXED            No                       360                       360                     360
LINDEN                           FIXED            No                       360                       360                     360
OKEECHOBEE                        ARMS            No                       360                       360                     360
BOONE                            FIXED            No                       360                       360                     360
LA PORTE                         FIXED            No                       360                       360                     360
WICHITA                           ARMS            No                       360                       360                     360
NEWTON                           FIXED            No                       360                       360                     360
PERRY                             ARMS            No                       360                       360                     360
GRANGER                          FIXED            No                       360                       360                     360
FRANKFORT                        FIXED            No                       360                       360                     360
HARTLEY                          FIXED            No                       360                       360                     360
WALLLA WALLA                      ARMS            No                       360                       360                     360
SHALIMAR                          ARMS            No                       360                       360                     360
CONWAY SPRINGS                    ARMS            No                       360                       360                     360
SACRAMENTO                        ARMS            No                       360                       360                     360
LATHROP                          FIXED            No                       360                       360                     360
CHARLESTON                       FIXED            No                       360                       360                     360
DIXON IL 61021                   FIXED            No                       360                       360                     360
COVINGTON                        FIXED            No                       360                       360                     360
EVERETT                           ARMS            No                       360                       360                     360
LAS VEGAS                         ARMS            No                       360                       360                     360
AURORA                           FIXED            No                       360                       360                     360
FRANKLIN                         FIXED            No                       360                       360                     360
INDEPENDENCE                      ARMS            No                       360                       360                     360
INDEPENDENCE                     FIXED            No                       360                       360                     360
PHOENIX                           ARMS            No                       360                       360                     360
MEMPHIS                          FIXED            No                       180                       180                     180
ATKINS                           FIXED            Yes                      360                       480                     480
WINLOCK                          FIXED            Yes                      360                       480                     480
BRYANT                            ARMS            No                       360                       360                     360
INVERNESS                        FIXED            No                       360                       360                     360
LAS VEGAS                        FIXED            Yes                      180                       360                     360
MEMPHIS                          FIXED            No                       360                       360                     360
NORTH LAS VEGAS                  FIXED            Yes                      360                       480                     480
SHREVEPORT                       FIXED            No                       360                       360                     360
SIOUX CITY                       FIXED            No                       360                       360                     360
VANCOUVER                        FIXED            No                       360                       360                     360
ALBUQUERQUE                       ARMS            No                       360                       360                     360
INDIANOLA                        FIXED            No                       360                       360                     360
PORTLAND                         FIXED            No                       360                       360                     360
NORTH LAS VEGAS                  FIXED            Yes                      180                       360                     360
RAPIDS CITY                      FIXED            No                       360                       360                     360
MIAMI                            FIXED            No                       360                       360                     360
EXETER                            ARMS            No                       360                       360                     360
WICHITA                          FIXED            No                       360                       360                     360
VANCOUVER                        FIXED            Yes                      180                       360                     360
BARTLESVILLE                     FIXED            No                       360                       360                     360
WORTH                            FIXED            No                       360                       360                     360
MESA                             FIXED            No                       360                       360                     360
NORFOLK                          FIXED            No                       360                       360                     360
WEST DES MOINES                  FIXED            No                       360                       360                     360
BETTENDORF                       FIXED            No                       360                       360                     360
HEWITT                           FIXED            Yes                      360                       480                     480
FORT SMITH                       FIXED            No                       360                       360                     360
WICHITA                          FIXED            No                       360                       360                     360
ENUMCLAW                         FIXED            No                       360                       360                     360
CRAWFORDSVILLE                   FIXED            No                       360                       360                     360
EVERETT                          FIXED            No                       360                       360                     360
EVERETT                          FIXED            No                       360                       360                     360
LINDSBORG                        FIXED            No                       360                       360                     360
TACOMA                           FIXED            No                       360                       360                     360
PUYALLUP                         FIXED            No                       360                       360                     360
BATTLE GROUND                     ARMS            No                       360                       360                     360
WATAUGA                           ARMS            No                       360                       360                     360
DAVENPORT                        FIXED            No                       360                       360                     360
LAKE STEVENS                     FIXED            No                       360                       360                     360
PLAINFIELD                       FIXED            No                       360                       360                     360
PLAINFIELD                       FIXED            Yes                      180                       360                     360
BROOKLYN PARK                    FIXED            No                       360                       360                     360
BROOKLYN PARK                    FIXED            Yes                      180                       360                     360
OAKLAND CITY                     FIXED            No                       360                       360                     360
BRITTON                           ARMS            No                       360                       360                     360
MACHESNEY PARK                   FIXED            Yes                      360                       480                     480
DETROIT                          FIXED            Yes                      180                       360                     360
ELGIN                            FIXED            No                       360                       360                     360
BENSENVILLE                      FIXED            No                       360                       360                     360
MIDLAND                          FIXED            No                       360                       360                     360
CRYSTAL                          FIXED            No                       360                       360                     360
THIEF RIVER FAL                  FIXED            No                       360                       360                     360
SAUK VILLAGE                      ARMS            No                       360                       360                     360
DETROIT                          FIXED            Yes                      180                       360                     360
EVELETH                          FIXED            Yes                      360                       480                     480
GLENDALE HEIGHT                  FIXED            Yes                      180                       360                     360
GREENWOOD                         ARMS            No                       360                       360                     360
BURNSVILLE                       FIXED            Yes                      360                       480                     480
ROCKFORD                         FIXED            Yes                      180                       360                     360
GILBERTSVILLE                    FIXED            No                       360                       360                     360
KOKOMO                           FIXED            No                       360                       360                     360
HUTCHINSON                       FIXED            No                       360                       360                     360
ZIMMERMAN                        FIXED            Yes                      360                       480                     480
CAMBRIA                          FIXED            No                       360                       360                     360
MAPLE GROVE                      FIXED            Yes                      180                       360                     360
STREAMWOOD                        ARMS            No                       360                       360                     360
CHICAGO                          FIXED            No                       360                       360                     360
MATTESON                         FIXED            Yes                      360                       480                     480
MINNEAPOLIS                      FIXED            Yes                      180                       360                     360
MATTESON                         FIXED            Yes                      180                       360                     360
SPRING LAKE                       ARMS            No                       360                       360                     360
OTTAWA                           FIXED            No                       360                       360                     360
SAINT PAUL                       FIXED            Yes                      180                       360                     360
CHICAGO                          FIXED            No                       360                       360                     360
CRETE                             ARMS            No                       360                       360                     360
POPLAR GROVE                     FIXED            No                       360                       360                     360
BOONVILLE                        FIXED            No                       360                       360                     360
HAZEL CREST                       ARMS            No                       360                       360                     360
DAWSON                           FIXED            No                       360                       360                     360
UNIVERSITY PARK                  FIXED            Yes                      180                       360                     360
JORDAN                           FIXED            Yes                      180                       360                     360
MAYWOOD                          FIXED            No                       360                       360                     360
ROCKFORD                         FIXED            No                       360                       360                     360
LITTLE CANADA                    FIXED            Yes                      180                       360                     360
DAVIS JUNCTION                   FIXED            No                       360                       360                     360
BUFFALO                          FIXED            Yes                      180                       360                     360
BOLINGBROOK                      FIXED            Yes                      180                       360                     360
CHICAGO                          FIXED            No                       360                       360                     360
TAYLOR                            ARMS            No                       360                       360                     360
ATWATER                           ARMS            No                       360                       360                     360
SOUTH PARIS                      FIXED            No                       360                       360                     360
NEW RICHMOND                     FIXED            Yes                      360                       480                     480
CHICAGO                           ARMS            No                       360                       360                     360
NEW RICHMOND                     FIXED            Yes                      180                       360                     360
AUBURN HILLS                     FIXED            Yes                      360                       480                     480
SAUK VILLAGE                      ARMS            No                       360                       360                     360
BEAVER DAM                       FIXED            No                       360                       360                     360
LA SALLE                         FIXED            No                       360                       360                     360
DAVISON                          FIXED            No                       360                       360                     360
OXFORD                            ARMS            No                       360                       360                     360
MINNETONKA                       FIXED            No                       360                       360                     360
NEWBURGH                         FIXED            No                       360                       360                     360
CHICAGO                          FIXED            No                       360                       360                     360
JOLIET                           FIXED            No                       360                       360                     360
CONCORDIA                         ARMS            No                       360                       360                     360
SPRINGFIELD                      FIXED            No                       360                       360                     360
MARQUETTE HEIGH                  FIXED            No                       360                       360                     360
FRANKFORT                         ARMS            No                       360                       360                     360
NASHVILLE                        FIXED            No                       360                       360                     360
MOUNT PROSPECT                   FIXED            Yes                      360                       480                     480
GRAND PRAIRIE                    FIXED            No                       360                       360                     360
SHERMAN                          FIXED            No                       240                       240                     240
ELDORA                           FIXED            No                       240                       240                     240
MIDLOTHIAN                       FIXED            No                       360                       360                     360
LIBERAL                          FIXED            No                       180                       180                     180
HOUSTON                          FIXED            No                       360                       360                     360
CEDAR RAPIDS                     FIXED            No                       360                       360                     360
ABILENE                          FIXED            No                       360                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
TACOMA                           FIXED            No                       360                       360                     360
OSCEOLA                          FIXED            No                       360                       360                     360
GENESEO                          FIXED            No                       360                       360                     360
SEAGOVILLE                       FIXED            No                       360                       360                     360
SEATTLE                          FIXED            No                       360                       360                     360
OLYMPIA                          FIXED            Yes                      180                       360                     360
NEW ORLEANS                      FIXED            No                       360                       360                     360
TACOMA                            ARMS            No                       360                       360                     360
ARLINGTON                        FIXED            No                       360                       360                     360
DALLAS                           FIXED            No                       360                       360                     360
MONROE                           FIXED            No                       360                       360                     360
CEDAR FALLS                      FIXED            No                       360                       360                     360
SHERMAN                          FIXED            No                       360                       360                     360
COMBINE                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
MERIAM                           FIXED            No                       360                       360                     360
BLUE RIDGE                       FIXED            No                       360                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
SPRINGFIELD                      FIXED            No                       360                       360                     360
HAMILTON                         FIXED            No                       360                       360                     360
CONROE                           FIXED            No                       360                       360                     360
KENNEWICK                         ARMS            No                       360                       360                     360
KNOXVILLE                        FIXED            No                       360                       360                     360
HUMBLE                           FIXED            No                       360                       360                     360
WELLINGTON                       FIXED            No                       360                       360                     360
BUTLER                           FIXED            No                       360                       360                     360
SPRINGFIELD                       ARMS            No                       360                       360                     360
PANAMA CITY BEA                   ARMS            No                       360                       360                     360
SARITA                           FIXED            No                       360                       360                     360
POTTSBORO                        FIXED            Yes                      360                       480                     480
MASON CITY                       FIXED            No                       360                       360                     360
NICKERSON                        FIXED            No                       360                       360                     360
GRANDVIEW                        FIXED            No                       360                       360                     360
MIRAMAR                           ARMS            No                       360                       360                     360
CLEARWATER                        ARMS            No                       360                       360                     360
LEAVENWORTH                      FIXED            No                       360                       360                     360
INDEPENDENCE                     FIXED            No                       360                       360                     360
BLOOMINGTON                      FIXED            No                       360                       360                     360
INDEPENDENCE                     FIXED            No                       360                       360                     360
WATERLOO                         FIXED            No                       360                       360                     360
SANTA ROSA BEAC                   ARMS            No                       360                       360                     360
LARGO                             ARMS            No                       360                       360                     360
SEARCY                            ARMS            No                       360                       360                     360
BEAVERTON                        FIXED            No                       360                       360                     360
GRINNELL                         FIXED            No                       360                       360                     360
SEAGOVILLE                       FIXED            No                       360                       360                     360
BOONVILLE                        FIXED            No                       360                       360                     360
SPRINGDALE                        ARMS            No                       360                       360                     360
MIDDLETON                        FIXED            No                       180                       180                     180
SAN ANTONIO                      FIXED            No                       360                       360                     360
EDMOND                            ARMS            No                       360                       360                     360
DALLAS                           FIXED            No                       360                       360                     360
PEARCY                           FIXED            No                       360                       360                     360
FORT WORTH                       FIXED            Yes                      360                       480                     480
CEDAR HILL                       FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
MEMPHIS                          FIXED            No                       360                       360                     360
TYLER                            FIXED            No                       360                       360                     360
BENTON                           FIXED            No                       360                       360                     360
NORTH LITTLE RO                  FIXED            No                       360                       360                     360
WYLIE                            FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
LITTLETON                        FIXED            No                       360                       360                     360
DENTON                           FIXED            No                       360                       360                     360
ATHENS                           FIXED            No                       360                       360                     360
GRAND PRAIRIE                    FIXED            No                       360                       360                     360
ARLINGTON                        FIXED            No                       360                       360                     360
GRAND PRAIRIE                    FIXED            No                       360                       360                     360
CHILDRESS                        FIXED            No                       360                       360                     360
CARROLLTON                       FIXED            No                       360                       360                     360
ARLINGTON                        FIXED            No                       360                       360                     360
PROVIDENCE VILL                  FIXED            No                       360                       360                     360
PROVIDENCE VILL                  FIXED            Yes                      180                       360                     360
SEVIERVILLE                      FIXED            No                       360                       360                     360
FRESNO                           FIXED            No                       360                       360                     360
DESOTO                           FIXED            No                       360                       360                     360
SOUTH HAVEN                       ARMS            No                       360                       360                     360
BURRTON                           ARMS            No                       360                       360                     360
SAN JACINTO                      FIXED            No                       360                       360                     360
PERU                              ARMS            No                       360                       360                     360
ATLANTA                           ARMS            No                       360                       360                     360
GAINESVILLE                      FIXED            Yes                      360                       480                     480
ALBUQUERQUE                       ARMS            No                       360                       360                     360
CITY NAME                        FIXED            No                       360                       360                     360
SOLDIER                          FIXED            No                       360                       360                     360
DODGE CITY                        ARMS            No                       360                       360                     360
BRANSON                           ARMS            No                       360                       360                     360
ALLEN                             ARMS            No                       360                       360                     360
ALTO PASS                         ARMS            No                       360                       360                     360
ARLINGTON                        FIXED            No                       360                       360                     360
FORT WORTH                        ARMS            No                       360                       360                     360
SIKESTON                         FIXED            No                       360                       360                     360
CONVERSE                          ARMS            No                       360                       360                     360
THE DALLES                       FIXED            No                       360                       360                     360
HUMBLE                           FIXED            No                       180                       180                     180
KELSO                            FIXED            No                       360                       360                     360
BATESVILLE                       FIXED            No                       360                       360                     360
GUN BARREL CITY                  FIXED            No                       360                       360                     360
ERIE                             FIXED            No                       360                       360                     360
WATERLOO                         FIXED            No                       360                       360                     360
VILLAGE MILLS                    FIXED            No                       360                       360                     360
IOWA CITY                        FIXED            No                       360                       360                     360
SHREWSBURY                       FIXED            No                       360                       360                     360
GILMER                           FIXED            No                       360                       360                     360
LITTLE ROCK                      FIXED            No                       360                       360                     360
COLLEGE STATION                  FIXED            No                       360                       360                     360
TRENTON                          FIXED            No                       360                       360                     360
DIBOLL                           FIXED            No                       360                       360                     360
OMAHA                            FIXED            No                       360                       360                     360
PERRYVILLE                       FIXED            No                       360                       360                     360
COVINGTON                        FIXED            No                       360                       360                     360
CARSON                           FIXED            No                       360                       360                     360
GRANDVIEW                         ARMS            No                       360                       360                     360
LEBANON                          FIXED            Yes                      360                       480                     480
DALLAS                           FIXED            No                       360                       360                     360
OLYMPIA                          FIXED            No                       360                       360                     360
ALFORD                           FIXED            No                       360                       360                     360
BARTLESVILLE                      ARMS            No                       360                       360                     360
OSAWATOMIE                       FIXED            Yes                      180                       360                     360
FRANKFORT                         ARMS            No                       360                       360                     360
PROSSER                          FIXED            Yes                      180                       360                     360
MINGO                            FIXED            No                       360                       360                     360
THE WOODLANDS                    FIXED            No                       180                       180                     180
WICHITA                           ARMS            No                       360                       360                     360
WINFIELD                          ARMS            No                       360                       360                     360
MEMPHIS                           ARMS            No                       360                       360                     360
KANSAS CITY                      FIXED            No                       360                       360                     360
FORT WORTH                       FIXED            No                       360                       360                     360
N. RICHLAND HIL                  FIXED            No                       360                       360                     360
FORT LAUDERDALE                  FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
GAINESVILLE                      FIXED            No                       360                       360                     360
FORT LAUDERDALE                  FIXED            Yes                      180                       360                     360
FRANKFORT                         ARMS            No                       360                       360                     360
OSAWATOMIE                       FIXED            Yes                      180                       360                     360
ROWLETT                          FIXED            No                       360                       360                     360
LACY LAKEVIEW                    FIXED            Yes                      360                       480                     480
KANSAS CITY                      FIXED            No                       360                       360                     360
SAN ANTONIO                      FIXED            No                       360                       360                     360
SALEM                            FIXED            No                       360                       360                     360
WASHINGTON                       FIXED            No                       360                       360                     360
FT LAUDERDALE                    FIXED            No                       360                       360                     360
WICHITA                           ARMS            No                       360                       360                     360
GLENN HEIGHTS                    FIXED            Yes                      180                       360                     360
CADDO MILLS                      FIXED            Yes                      180                       360                     360
OKLAHOMA CITY                    FIXED            No                       360                       360                     360
OKLAHOMA CITY                    FIXED            Yes                      180                       360                     360
ALVARADO                         FIXED            No                       360                       360                     360
ROSENBERG                        FIXED            No                       360                       360                     360
CORDOVA                           ARMS            No                       360                       360                     360
BOSSIER CITY                     FIXED            No                       360                       360                     360
FATE                              ARMS            No                       360                       360                     360
MEMPHIS                          FIXED            No                       360                       360                     360
DALLAS                           FIXED            No                       360                       360                     360
LAMAR                             ARMS            No                       360                       360                     360
EULESS                            ARMS            No                       360                       360                     360
FORT WORTH                       FIXED            No                       360                       360                     360
CECILIA                           ARMS            No                       360                       360                     360
CROWLEY                           ARMS            No                       360                       360                     360
LAS VEGAS                         ARMS            No                       360                       360                     360
CROWLEY                          FIXED            Yes                      180                       360                     360
BATON ROUGE                      FIXED            No                       360                       360                     360
EL PASO                           ARMS            No                       360                       360                     360
KATY                             FIXED            No                       360                       360                     360
LAKE WORTH                       FIXED            No                       360                       360                     360
GARLAND                           ARMS            No                       360                       360                     360
ANTIOCH                           ARMS            No                       360                       360                     360
ANTIOCH                          FIXED            Yes                      180                       360                     360
GARLAND                          FIXED            No                       180                       180                     180
ALLEN                            FIXED            No                       360                       360                     360
ALLEN                            FIXED            Yes                      180                       360                     360
HARRAH                           FIXED            No                       360                       360                     360
EL PASO COUNTY                    ARMS            No                       360                       360                     360
TULSA                             ARMS            No                       360                       360                     360
DALLAS                            ARMS            No                       360                       360                     360
FATE                             FIXED            Yes                      180                       360                     360
DALLAS                            ARMS            No                       360                       360                     360
LEWISVILLE                        ARMS            No                       360                       360                     360
FORT WORTH                       FIXED            No                       180                       180                     180
SAN ANTONIO                       ARMS            No                       360                       360                     360
EL PASO                          FIXED            No                       360                       360                     360
MCKINNEY                         FIXED            No                       360                       360                     360
DENVER                            ARMS            No                       360                       360                     360
TUPELO                           FIXED            No                       360                       360                     360
AZLE                             FIXED            No                       360                       360                     360
ROCKWALL                         FIXED            Yes                      360                       480                     480
KATY                             FIXED            Yes                      360                       480                     480
FORT WORTH                        ARMS            No                       360                       360                     360
RICHMOND                         FIXED            No                       360                       360                     360
MEMPHIS                          FIXED            No                       360                       360                     360
DERBY                             ARMS            No                       360                       360                     360
CABOT                            FIXED            No                       360                       360                     360
HOUMA                            FIXED            No                       360                       360                     360
SINTON                           FIXED            No                       360                       360                     360
EL PASO                          FIXED            No                       360                       360                     360
FORT WORTH                        ARMS            No                       360                       360                     360
MEMPHIS                          FIXED            Yes                      360                       480                     480
WOODLAWN                          ARMS            No                       360                       360                     360
WOODLAWN                         FIXED            Yes                      180                       360                     360
BROKEN ARROW                     FIXED            Yes                      180                       360                     360
WICHITA FALLS                    FIXED            Yes                      180                       360                     360
HUTTO                            FIXED            Yes                      180                       360                     360
BOLIVAR                          FIXED            No                       360                       360                     360
BOLIVAR                          FIXED            Yes                      180                       360                     360
GARLAND                          FIXED            No                       360                       360                     360
RICHARDSON                       FIXED            No                       360                       360                     360
MESQUITE                         FIXED            Yes                      180                       360                     360
MESQUITE                         FIXED            Yes                      180                       360                     360
MESQUITE                         FIXED            No                       360                       360                     360
FORT WORTH                       FIXED            Yes                      180                       360                     360
DELIGHT                          FIXED            No                       360                       360                     360
MEMPHIS                          FIXED            Yes                      180                       360                     360
WELCH                             ARMS            No                       360                       360                     360
PARIS                            FIXED            Yes                      360                       480                     480
FATE                             FIXED            Yes                      180                       360                     360
SOUTHAVEN                        FIXED            No                       360                       360                     360
FLINT                             ARMS            No                       360                       360                     360
WHITEHOUSE                       FIXED            Yes                      180                       360                     360
GARLAND                          FIXED            Yes                      360                       480                     480
FATE                             FIXED            No                       360                       360                     360
ALVIN                            FIXED            Yes                      180                       360                     360
LAREDO                           FIXED            Yes                      180                       360                     360
INOLA                            FIXED            Yes                      360                       480                     480
AZLE                             FIXED            No                       360                       360                     360
MERCEDES                         FIXED            No                       360                       360                     360
ARLINGTON                        FIXED            No                       360                       360                     360
DUMAS                            FIXED            No                       360                       360                     360
WINNSBORO                         ARMS            No                       360                       360                     360
ARLINGTON                        FIXED            No                       360                       360                     360
SANGER                            ARMS            No                       360                       360                     360
SAND SPRINGS                     FIXED            No                       360                       360                     360
ODESSA                           FIXED            Yes                      360                       480                     480
WYLIE                            FIXED            No                       360                       360                     360
WEATHERFORD                      FIXED            No                       360                       360                     360
WATAUGA                          FIXED            No                       360                       360                     360
LITTLE ROCK                      FIXED            No                       360                       360                     360
LEXINGTON                         ARMS            No                       360                       360                     360
MESQUITE                         FIXED            Yes                      180                       360                     360
GRAPEVINE                        FIXED            No                       360                       360                     360
EL PASO                           ARMS            No                       360                       360                     360
WOLFFORTH                        FIXED            Yes                      360                       480                     480
MOUNDS                           FIXED            No                       360                       360                     360
FORT WORTH                        ARMS            No                       360                       360                     360
ALLEN                            FIXED            Yes                      180                       360                     360
DALLAS                            ARMS            No                       360                       360                     360
JACKSON                          FIXED            No                       360                       360                     360
BURNET                            ARMS            No                       360                       360                     360
FRISCO                            ARMS            No                       360                       360                     360
OLIVE BRANCH                     FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
CEDAR HILL                        ARMS            No                       360                       360                     360
SEAGOVILLE                       FIXED            Yes                      180                       360                     360
BOLIVAR                          FIXED            Yes                      360                       480                     480
TULSA                            FIXED            No                       360                       360                     360
HORIZON CITY                     FIXED            No                       360                       360                     360
KATY                             FIXED            Yes                      180                       360                     360
SUNSET                           FIXED            Yes                      180                       360                     360
CLEBURNE                         FIXED            No                       360                       360                     360
JACKSON                          FIXED            No                       360                       360                     360
SHERMAN                          FIXED            No                       360                       360                     360
CHATTANOOGA                      FIXED            No                       360                       360                     360
FRISCO                           FIXED            No                       360                       360                     360
FORNEY                            ARMS            No                       360                       360                     360
EL PASO                          FIXED            No                       360                       360                     360
FORT WORTH                       FIXED            Yes                      180                       360                     360
EL PASO                          FIXED            No                       360                       360                     360
MESQUITE                         FIXED            No                       360                       360                     360
BEAUMONT                         FIXED            Yes                      180                       360                     360
MEMPHIS                          FIXED            Yes                      180                       360                     360
FORT WORTH                       FIXED            Yes                      180                       360                     360
TULSA                            FIXED            Yes                      180                       360                     360
CADDO MILLS                      FIXED            Yes                      180                       360                     360
BURLESON                         FIXED            No                       360                       360                     360
GRAND PRAIRIE                    FIXED            No                       360                       360                     360
TULSA                            FIXED            No                       360                       360                     360
ROWLETT                          FIXED            Yes                      180                       360                     360
HICKORY VALLEY                   FIXED            No                       360                       360                     360
GRANBURY                         FIXED            No                       360                       360                     360
DALLAS                           FIXED            No                       360                       360                     360
PLANO                            FIXED            No                       360                       360                     360
PLANO                            FIXED            Yes                      180                       360                     360
GRAND PRAIRIE                    FIXED            Yes                      180                       360                     360
COVINGTON                         ARMS            No                       360                       360                     360
FORT WORTH                       FIXED            No                       360                       360                     360
EL PASO                           ARMS            No                       360                       360                     360
LAGO VISTA                       FIXED            Yes                      180                       360                     360
BROWNSVILLE                      FIXED            No                       360                       360                     360
LUBBOCK                          FIXED            No                       360                       360                     360
LUBBOCK                          FIXED            Yes                      180                       360                     360
ANNA                             FIXED            Yes                      180                       360                     360
BOLIVAR                          FIXED            No                       360                       360                     360
HUMBOLDT                          ARMS            No                       360                       360                     360
ALEDO                            FIXED            No                       360                       360                     360
ARLINGTON                        FIXED            Yes                      180                       360                     360
COLLIERVILLE                     FIXED            No                       360                       360                     360
BOLIVAR                          FIXED            No                       360                       360                     360
HEARTLAND                        FIXED            No                       360                       360                     360
MIDDLETON                        FIXED            No                       360                       360                     360
FORT WORTH                       FIXED            No                       360                       360                     360
RENOVA                            ARMS            No                       360                       360                     360
MESQUITE                         FIXED            No                       360                       360                     360
MESQUITE                         FIXED            Yes                      180                       360                     360
MULVANE                          FIXED            No                       360                       360                     360
WHITWELL                         FIXED            No                       360                       360                     360
HUTCHINSON                       FIXED            No                       360                       360                     360
LEWISVILLE                       FIXED            Yes                      180                       360                     360
CARROLLTON                       FIXED            No                       360                       360                     360
LOUISVILLE                        ARMS            No                       360                       360                     360
TULSA                            FIXED            Yes                      180                       360                     360
HORIZON CITY                     FIXED            No                       360                       360                     360
HORIZON CITY                     FIXED            No                       360                       360                     360
AUSTIN                           FIXED            No                       360                       360                     360
LONGVIEW                         FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
CANYON LAKE                      FIXED            No                       360                       360                     360
ABILENE                          FIXED            No                       360                       360                     360
ANAHUAC                          FIXED            No                       360                       360                     360
MIDLAND                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
PASADENA                         FIXED            Yes                      180                       360                     360
PASADENA                         FIXED            Yes                      180                       360                     360
HOCKLEY                          FIXED            Yes                      180                       360                     360
BEAUMONT                         FIXED            No                       360                       360                     360
COLUMBIA                         FIXED            No                       360                       360                     360
AUSTIN                            ARMS            No                       360                       360                     360
HOUSTON                           ARMS            No                       360                       360                     360
BEAUMONT                         FIXED            No                       360                       360                     360
HOUSTON                           ARMS            No                       360                       360                     360
PASADENA                         FIXED            No                       360                       360                     360
SAN ANTONIO                      FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
DUBLIN                            ARMS            No                       360                       360                     360
HUMBLE                           FIXED            No                       360                       360                     360
GALENA PARK                      FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
CYPRESS                           ARMS            No                       360                       360                     360
HUMBLE                           FIXED            Yes                      180                       360                     360
SAN ANTONIO                      FIXED            No                       360                       360                     360
MCALLEN                          FIXED            No                       360                       360                     360
PHARR                            FIXED            No                       360                       360                     360
PHARR                            FIXED            Yes                      180                       360                     360
AUSTIN                           FIXED            No                       360                       360                     360
AUSTIN                           FIXED            Yes                      180                       360                     360
KATY                             FIXED            No                       180                       180                     180
LEAGUE CITY                      FIXED            Yes                      180                       360                     360
WACO                             FIXED            No                       360                       360                     360
MONTGOMERY                       FIXED            No                       360                       360                     360
CROCKETT                         FIXED            No                       360                       360                     360
CROCKETT                         FIXED            Yes                      180                       360                     360
SAN JUAN                          ARMS            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
MONTGOMERY                       FIXED            No                       360                       360                     360
RICHMOND                         FIXED            No                       360                       360                     360
MISSOURI CITY                    FIXED            No                       360                       360                     360
SUGAR LAND                       FIXED            No                       360                       360                     360
KILLEEN                          FIXED            No                       360                       360                     360
MCALLEN                           ARMS            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
HITCHCOCK                        FIXED            No                       360                       360                     360
HITCHCOCK                        FIXED            Yes                      180                       360                     360
SAN ANTONIO                       ARMS            No                       360                       360                     360
HUFFMAN                          FIXED            No                       360                       360                     360
WHITESBORO                       FIXED            No                       360                       360                     360
ROUND ROCK                       FIXED            No                       360                       360                     360
LINDALE                           ARMS            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            No                       180                       180                     180
CLEVELAND                        FIXED            No                       360                       360                     360
CLEVELAND                        FIXED            Yes                      180                       360                     360
ROUND ROCK                        ARMS            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
AUSTIN                           FIXED            Yes                      360                       480                     480
EL PASO                          FIXED            No                       360                       360                     360
PORTER                           FIXED            No                       360                       360                     360
WAXAHACHIE                       FIXED            No                       360                       360                     360
CYPRESS                           ARMS            No                       360                       360                     360
HOUSTON                           ARMS            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
SILSBEE                          FIXED            No                       360                       360                     360
ROSENBERG                         ARMS            No                       360                       360                     360
LONGVIEW                         FIXED            Yes                      360                       480                     480
CANYON LAKE                      FIXED            No                       360                       360                     360
CEDAR PARK                       FIXED            Yes                      360                       480                     480
HOUSTON                          FIXED            No                       360                       360                     360
HUMBLE                           FIXED            No                       360                       360                     360
ORANGE                           FIXED            No                       360                       360                     360
DALLAS                           FIXED            No                       360                       360                     360
DALLAS                           FIXED            Yes                      180                       360                     360
LAREDO                           FIXED            No                       360                       360                     360
SEALY                            FIXED            No                       360                       360                     360
BAYTOWN                           ARMS            No                       360                       360                     360
KATY                             FIXED            No                       360                       360                     360
MISSOURI CITY                    FIXED            No                       360                       360                     360
LA PORTE                         FIXED            No                       360                       360                     360
HUMBLE                           FIXED            No                       360                       360                     360
LEANDER                          FIXED            No                       360                       360                     360
CYPRESS                          FIXED            Yes                      360                       480                     480
HOUSTON                          FIXED            No                       360                       360                     360
DAYTON                           FIXED            No                       360                       360                     360
THE WOODLANDS                    FIXED            No                       360                       360                     360
BROWNSVILLE                      FIXED            No                       360                       360                     360
KYLE                             FIXED            No                       360                       360                     360
CORSICANA                        FIXED            Yes                      180                       360                     360
HUTTO                            FIXED            No                       360                       360                     360
PEARLAND                         FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      360                       480                     480
HUMBLE                            ARMS            No                       360                       360                     360
DICKINSON                        FIXED            No                       360                       360                     360
PEARLAND                         FIXED            No                       360                       360                     360
PEARLAND                         FIXED            Yes                      180                       360                     360
BAYTOWN                           ARMS            No                       360                       360                     360
SAGINAW                          FIXED            Yes                      180                       360                     360
MESQUITE                         FIXED            Yes                      180                       360                     360
BOLIVAR                          FIXED            Yes                      180                       360                     360
OTTUMWA                          FIXED            No                       360                       360                     360
MARSHALLTOWN                     FIXED            Yes                      180                       360                     360
WYLIE                            FIXED            Yes                      180                       360                     360
HAYS                             FIXED            Yes                      180                       360                     360
GRINNELL                         FIXED            Yes                      180                       360                     360
ALLEN                            FIXED            Yes                      180                       360                     360
IOWA CITY                        FIXED            Yes                      180                       360                     360
FREEMONT                         FIXED            Yes                      180                       360                     360
NORFOLK                          FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
LUFKIN                           FIXED            Yes                      180                       360                     360
LEAGUE CITY                      FIXED            Yes                      180                       360                     360
TYLER                            FIXED            No                       360                       360                     360
KANSAS CITY                      FIXED            Yes                      180                       360                     360
SOUTH HOUSTON                     ARMS            No                       360                       360                     360
LAREDO                           FIXED            No                       360                       360                     360
HOUSTON                           ARMS            No                       360                       360                     360
SUGAR LAND                       FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
CROSBY                           FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
HIGHLANDS                        FIXED            No                       240                       240                     240
HOUSTON                          FIXED            Yes                      180                       360                     360
VIDOR                             ARMS            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
LAKE CHARLES                     FIXED            No                       360                       360                     360
LUMBERTON                        FIXED            Yes                      180                       360                     360
SAN JUAN                         FIXED            Yes                      180                       360                     360
WACO                             FIXED            No                       360                       360                     360
KARNACK                          FIXED            Yes                      180                       360                     360
HORIZON                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
CEDAR PARK                       FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
BAYTOWN                          FIXED            No                       360                       360                     360
CHANNELVIEW                       ARMS            No                       360                       360                     360
SAN ANTONIO                      FIXED            Yes                      180                       360                     360
MANOR                            FIXED            Yes                      180                       360                     360
FORT WORTH                       FIXED            Yes                      180                       360                     360
LEAGUE CITY                      FIXED            No                       360                       360                     360
SILSBEE                          FIXED            Yes                      180                       360                     360
SAN JUAN                         FIXED            Yes                      180                       360                     360
WILLIS                           FIXED            Yes                      180                       360                     360
HEMPSTEAD                        FIXED            Yes                      180                       360                     360
SAN ANTONIO                      FIXED            No                       360                       360                     360
HUMBLE                           FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
HUMBLE                           FIXED            Yes                      180                       360                     360
RIO GRANDE CITY                  FIXED            Yes                      180                       360                     360
LYTLE                            FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
TOMBALL                          FIXED            Yes                      180                       360                     360
RICHMOND                         FIXED            No                       360                       360                     360
AUSTIN                           FIXED            Yes                      180                       360                     360
BROWNSVILLE                      FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
CROSBY                           FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
VICTORIA                         FIXED            Yes                      180                       360                     360
SAN ANTONIO                      FIXED            No                       360                       360                     360
SAN ANTONIO                      FIXED            No                       180                       180                     180
ROSENBERG                        FIXED            No                       360                       360                     360
BROWNSVILLE                      FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
SAN JUAN                         FIXED            No                       360                       360                     360
NEW CANEY                        FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
BAYTOWN                          FIXED            No                       360                       360                     360
BROWNSVILLE                      FIXED            No                       360                       360                     360
LA PORTE                         FIXED            Yes                      360                       480                     480
LEWISVILLE                       FIXED            Yes                      360                       480                     480
HORIZON                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
VICTORIA                         FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
MAGNOLIA                         FIXED            No                       360                       360                     360
AUSTIN                           FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
AUSTIN                           FIXED            No                       360                       360                     360
AUSTIN                           FIXED            Yes                      180                       360                     360
SPRING                           FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
SPRING                           FIXED            No                       360                       360                     360
HOUSTON                           ARMS            No                       360                       360                     360
CYPRESS                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      360                       480                     480
HOUSTON                          FIXED            Yes                      180                       360                     360
SPRING                           FIXED            Yes                      180                       360                     360
HUMBLE                           FIXED            No                       360                       360                     360
HUMBLE                           FIXED            Yes                      180                       360                     360
EDINBURG                         FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
BAYTOWN                          FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
DONNA                            FIXED            No                       360                       360                     360
EDINBURG                         FIXED            No                       360                       360                     360
HOUSTON                          FIXED            No                       360                       360                     360
FRESNO                           FIXED            No                       360                       360                     360
SAN ANTONIO                      FIXED            No                       360                       360                     360
SAN ANTONIO                      FIXED            No                       360                       360                     360
HOPKINS                          FIXED            No                       360                       360                     360
BAYTOWN                          FIXED            No                       360                       360                     360
KATY                             FIXED            No                       360                       360                     360
PENITAS                          FIXED            Yes                      360                       480                     480
SEA BROOK                        FIXED            Yes                      360                       480                     480
PENITAS                          FIXED            Yes                      180                       360                     360
SAN ANTONIO                      FIXED            Yes                      180                       360                     360
PFLUGERVILLE                     FIXED            No                       360                       360                     360
PENITAS                          FIXED            No                       360                       360                     360
EDINBURG                         FIXED            Yes                      180                       360                     360
KINGWOOD                         FIXED            No                       360                       360                     360
SPRING                           FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
VIDOR                            FIXED            No                       360                       360                     360
WINNIE                           FIXED            No                       360                       360                     360
GRANADA HILLS                     ARMS            No                       360                       360                     360
LAKE ELSINORE                    FIXED            Yes                      180                       360                     360
GRANADA HILLS                    FIXED            No                       360                       360                     360
HESPERIA                         FIXED            Yes                      180                       360                     360
RESEDA AREA                      FIXED            Yes                      180                       360                     360
SUN VALLEY                       FIXED            Yes                      180                       360                     360
MORENO VALLEY                    FIXED            Yes                      180                       360                     360
SOUTH GATE                       FIXED            Yes                      180                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
RIVERSIDE                        FIXED            Yes                      180                       360                     360
DESERT HOT SPRI                   ARMS            No                       360                       360                     360
DESERT HOT SPRI                  FIXED            Yes                      180                       360                     360
LA PUENTE                         ARMS            No                       360                       360                     360
COSTA MESA                       FIXED            No                       360                       360                     360
COSTA MESA                       FIXED            Yes                      180                       360                     360
LAS VEGAS                        FIXED            Yes                      360                       480                     480
SUGARLOAF                        FIXED            Yes                      180                       360                     360
REDLANDS                         FIXED            Yes                      180                       360                     360
SANTA ANA                        FIXED            Yes                      180                       360                     360
SAN BERNARDINO                    ARMS            No                       360                       360                     360
HIGHLAND                         FIXED            No                       360                       360                     360
LOS ANGELES                      FIXED            No                       360                       360                     360
FONTANA                          FIXED            Yes                      180                       360                     360
SANTA CRUZ                       FIXED            No                       360                       360                     360
BAKERSFIELD                      FIXED            No                       360                       360                     360
FONTANA AREA                     FIXED            No                       360                       360                     360
EL MONTE                         FIXED            Yes                      180                       360                     360
WESTMINSTER                      FIXED            No                       360                       360                     360
FONTANA                          FIXED            No                       360                       360                     360
GARDEN GROVE                     FIXED            Yes                      180                       360                     360
MORENO VALLEY                    FIXED            Yes                      180                       360                     360
LONG BEACH                       FIXED            Yes                      180                       360                     360
RIALTO                           FIXED            Yes                      180                       360                     360
NUEVO                             ARMS            No                       360                       360                     360
BAKERSFIELD                      FIXED            Yes                      360                       480                     480
LOS ANGELES                      FIXED            Yes                      180                       360                     360
PERRIS                           FIXED            No                       360                       360                     360
ONTARIO                          FIXED            No                       360                       360                     360
RIVERSIDE AREA                   FIXED            No                       360                       360                     360
HESPERIA                         FIXED            No                       360                       360                     360
ANAHEIM                          FIXED            Yes                      360                       480                     480
SANTA ANA                         ARMS            No                       360                       360                     360
MONROVIA                          ARMS            No                       360                       360                     360
CORONA                            ARMS            No                       360                       360                     360
LOS ANGELES                      FIXED            No                       360                       360                     360
SANTA ROSA BEAC                   ARMS            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
DOWNEY                            ARMS            No                       360                       360                     360
RICHMOND                          ARMS            No                       360                       360                     360
SAN DIEGO                        FIXED            No                       360                       360                     360
SAN DIEGO                        FIXED            No                       360                       360                     360
TEMECULA                          ARMS            No                       360                       360                     360
CATHEDRAL CITY                   FIXED            No                       360                       360                     360
HUNTINGTON BEAC                  FIXED            No                       360                       360                     360
HIDDEN HILLS                     FIXED            No                       360                       360                     360
ESCONDIDO                        FIXED            No                       360                       360                     360
DESERT HOT SPRI                  FIXED            No                       360                       360                     360
HEBER                            FIXED            No                       360                       360                     360
CHULA VISTA                      FIXED            No                       360                       360                     360
BRAWLEY                          FIXED            No                       360                       360                     360
CONWAY                           FIXED            Yes                      180                       360                     360
ROCKFORD                         FIXED            No                       360                       360                     360
LOS ANGELES                      FIXED            Yes                      180                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
LOS ANGELES                      FIXED            Yes                      180                       360                     360
CHICAGO                          FIXED            Yes                      180                       360                     360
NORTHRIDGE AREA                  FIXED            Yes                      180                       360                     360
SANTA ANA                        FIXED            Yes                      180                       360                     360
APPLE VALLEY AR                  FIXED            Yes                      180                       360                     360
LAKEPORT                          ARMS            No                       360                       360                     360
SURPRISE                         FIXED            No                       360                       360                     360
BAKERSFIELD                      FIXED            No                       360                       360                     360
BLOOMINGTON ARE                  FIXED            Yes                      180                       360                     360
ANAHEIM                          FIXED            Yes                      180                       360                     360
SAN DIEGO                        FIXED            Yes                      180                       360                     360
APPLE VALLEY                     FIXED            Yes                      180                       360                     360
OCEANSIDE                         ARMS            No                       360                       360                     360
YUBA CITY                        FIXED            Yes                      180                       360                     360
SUN CITY                         FIXED            Yes                      180                       360                     360
CARLSBAD                         FIXED            Yes                      360                       480                     480
SAN DIEGO                        FIXED            No                       360                       360                     360
SAN YSIDRO                       FIXED            Yes                      180                       360                     360
MURRIETA                         FIXED            Yes                      180                       360                     360
SAN DIEGO                        FIXED            No                       360                       360                     360
EL CAJON                         FIXED            No                       360                       360                     360
EL CAJON                         FIXED            Yes                      180                       360                     360
SAN DIEGO                         ARMS            No                       360                       360                     360
SAN DIEGO                        FIXED            No                       360                       360                     360
SHASTA LAKE                      FIXED            No                       360                       360                     360
PALM DESERT                      FIXED            No                       360                       360                     360
OCEANSIDE                        FIXED            Yes                      180                       360                     360
YUCAIPA                          FIXED            No                       360                       360                     360
ORANGEVALE                       FIXED            Yes                      180                       360                     360
OLIVEHURST                       FIXED            Yes                      360                       480                     480
RANCHO MURIETA                   FIXED            No                       360                       360                     360
SAN DIEGO                        FIXED            Yes                      180                       360                     360
MURRIETA                         FIXED            No                       360                       360                     360
HEBER                            FIXED            Yes                      360                       480                     480
ORANGE                            ARMS            No                       360                       360                     360
SAN DIEGO                        FIXED            No                       360                       360                     360
VIRGINIA CITY H                  FIXED            No                       360                       360                     360
RANCHO MIRAGE                    FIXED            No                       360                       360                     360
SAN JACINTO                      FIXED            No                       360                       360                     360
THOUSAND OAKS                    FIXED            Yes                      360                       480                     480
NORTH HIGHLANDS                  FIXED            Yes                      360                       480                     480
SAN DIEGO                         ARMS            No                       360                       360                     360
HEBER                            FIXED            No                       360                       360                     360
SAN DIEGO                        FIXED            No                       360                       360                     360
SAN LORENZO                      FIXED            Yes                      180                       360                     360
COUPEVILLE                       FIXED            No                       360                       360                     360
LA QUINTA                        FIXED            No                       360                       360                     360
BENICIA                          FIXED            Yes                      180                       360                     360
SACRAMENTO                       FIXED            Yes                      360                       480                     480
SAN DIEGO                         ARMS            No                       360                       360                     360
SOLANA BEACH                     FIXED            No                       360                       360                     360
HEMET                            FIXED            Yes                      360                       480                     480
ALISO VIEJO                       ARMS            No                       360                       360                     360
MENIFEE                           ARMS            No                       360                       360                     360
MENIFEE                          FIXED            Yes                      180                       360                     360
INDIO                            FIXED            No                       360                       360                     360
SALINAS                          FIXED            No                       360                       360                     360
CHULA VISTA                       ARMS            No                       360                       360                     360
BERKELEY                          ARMS            No                       360                       360                     360
3443 MADISON AV                   ARMS            No                       360                       360                     360
SACRAMENTO                       FIXED            Yes                      360                       480                     480
SAN JOSE                          ARMS            No                       360                       360                     360
IMPERIAL BEACH                   FIXED            No                       360                       360                     360
RIVERSIDE                         ARMS            No                       360                       360                     360
SAN JOSE                         FIXED            No                       360                       360                     360
SALIDA                           FIXED            Yes                      360                       480                     480
SAN DIEGO                        FIXED            No                       360                       360                     360
OAKDALE                           ARMS            No                       360                       360                     360
MATHER                           FIXED            No                       360                       360                     360
SACRAMENTO                        ARMS            No                       360                       360                     360
LINCOLN                           ARMS            No                       360                       360                     360
SOLANA BEACH                     FIXED            Yes                      360                       480                     480
STOCKTON                          ARMS            No                       360                       360                     360
SAN DIEGO                         ARMS            No                       360                       360                     360
SAN JOSE                          ARMS            No                       360                       360                     360
CHULA VISTA                       ARMS            No                       360                       360                     360
CHULA VISTA                      FIXED            Yes                      180                       360                     360
SAN JOSE                          ARMS            No                       360                       360                     360
SAN JOSE                         FIXED            Yes                      180                       360                     360
ANTIOCH                           ARMS            No                       360                       360                     360
HEBER                             ARMS            No                       360                       360                     360
LAKESIDE                         FIXED            No                       360                       360                     360
SIMI VALLEY                       ARMS            No                       360                       360                     360
HOFFMAN ESTATES                  FIXED            Yes                      180                       360                     360
DETROIT                          FIXED            Yes                      180                       360                     360
MENAHGA                          FIXED            Yes                      360                       480                     480
DEKALB                           FIXED            No                       360                       360                     360
LOCKPORT                         FIXED            No                       360                       360                     360
OSWEGO                           FIXED            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
GALVA                            FIXED            Yes                      180                       360                     360
IOLA                             FIXED            Yes                      180                       360                     360
COLLEGE STATION                  FIXED            Yes                      180                       360                     360
STANTON                           ARMS            No                       360                       360                     360
DIAMOND BAR                      FIXED            No                       360                       360                     360
LAGUNA NIGUEL                     ARMS            No                       360                       360                     360
MORENO VALLEY                     ARMS            No                       360                       360                     360
ANAHEIM                           ARMS            No                       360                       360                     360
ONTARIO                           ARMS            No                       360                       360                     360
PERRIS                            ARMS            No                       360                       360                     360
INGLEWOOD                         ARMS            No                       360                       360                     360
INGLEWOOD                        FIXED            Yes                      180                       360                     360
FONTANA                          FIXED            No                       360                       360                     360
CORONA                           FIXED            No                       360                       360                     360
CORONA                            ARMS            No                       360                       360                     360
CASTAIC                           ARMS            No                       360                       360                     360
RIALTO                           FIXED            No                       360                       360                     360
EL CAJON                         FIXED            No                       360                       360                     360
LA HABRA                         FIXED            No                       360                       360                     360
NORTH HOLLYWOOD                   ARMS            No                       360                       360                     360
PACOIMA                           ARMS            No                       360                       360                     360
PACOIMA                          FIXED            Yes                      180                       360                     360
SAN BERNARDINO                    ARMS            No                       360                       360                     360
CORONA                            ARMS            No                       360                       360                     360
LAKE ELSINORE                     ARMS            No                       360                       360                     360
BALTIMORE                        FIXED            No                       360                       360                     360
AURORA                           FIXED            Yes                      180                       360                     360
AURORA                           FIXED            Yes                      180                       360                     360
DENVER                           FIXED            Yes                      180                       360                     360
MONUMENT                          ARMS            No                       360                       360                     360
AURORA                           FIXED            Yes                      180                       360                     360
FARMINGTON                       FIXED            Yes                      180                       360                     360
STERLING                         FIXED            Yes                      180                       360                     360
DENVER                           FIXED            Yes                      180                       360                     360
COLORADO SPRING                  FIXED            Yes                      180                       360                     360
AURORA                           FIXED            Yes                      360                       480                     480
CENTENNIAL                       FIXED            No                       360                       360                     360
DENVER                           FIXED            Yes                      180                       360                     360
DENVER                           FIXED            Yes                      180                       360                     360
DENVER                           FIXED            No                       360                       360                     360
WESTMINSTER                      FIXED            Yes                      180                       360                     360
CARBONDALE                       FIXED            No                       360                       360                     360
CASTLE ROCK                       ARMS            No                       360                       360                     360
CASTLE ROCK                      FIXED            Yes                      180                       360                     360
DENVER                           FIXED            Yes                      180                       360                     360
GREENWOOD VILLA                  FIXED            Yes                      180                       360                     360
DENVER                           FIXED            No                       360                       360                     360
DENVER                           FIXED            Yes                      180                       360                     360
WESTMINSTER                      FIXED            Yes                      180                       360                     360
THORNTON                         FIXED            No                       360                       360                     360
GREELEY                          FIXED            No                       360                       360                     360
LITTLETON                        FIXED            No                       360                       360                     360
FORT LUPTON                      FIXED            Yes                      180                       360                     360
ENGLEWOOD                         ARMS            No                       360                       360                     360
DENVER                           FIXED            Yes                      360                       480                     480
GREELEY                          FIXED            Yes                      180                       360                     360
ALAMOSA                           ARMS            No                       360                       360                     360
ALAMOSA                          FIXED            Yes                      180                       360                     360
CHEYENNE                         FIXED            Yes                      180                       360                     360
CASTLE ROCK                      FIXED            No                       360                       360                     360
CARBONDALE                       FIXED            Yes                      180                       360                     360
DENVER                           FIXED            Yes                      360                       480                     480
LAS VEGAS                         ARMS            No                       360                       360                     360
GLENROCK                         FIXED            Yes                      360                       480                     480
EVANS                            FIXED            Yes                      360                       480                     480
PLAIN CITY                        ARMS            No                       360                       360                     360
COMMERCE CITY                     ARMS            No                       360                       360                     360
AURORA                            ARMS            No                       360                       360                     360
PROVO                             ARMS            No                       360                       360                     360
BRIGHTON                          ARMS            No                       360                       360                     360
AURORA                           FIXED            Yes                      360                       480                     480
LONGMONT                         FIXED            Yes                      360                       480                     480
LITTLETON                         ARMS            No                       360                       360                     360
COLORADO SPRING                  FIXED            No                       360                       360                     360
COMMERCE CITY                     ARMS            No                       360                       360                     360
COMMERCE CITY                    FIXED            Yes                      180                       360                     360
AURORA                           FIXED            No                       360                       360                     360
DENVER                            ARMS            No                       360                       360                     360
COLORADO SPRING                  FIXED            Yes                      360                       480                     480
THORNTON                          ARMS            No                       360                       360                     360
COLORADO SPRING                  FIXED            Yes                      360                       480                     480
AURORA                            ARMS            No                       360                       360                     360
WESTMINSTER                       ARMS            No                       360                       360                     360
DENVER                            ARMS            No                       360                       360                     360
DENVER                            ARMS            No                       360                       360                     360
NORTH LAS VEGAS                   ARMS            No                       360                       360                     360
DENVER                            ARMS            No                       360                       360                     360
THORNTON                          ARMS            No                       360                       360                     360
SANDY                             ARMS            No                       360                       360                     360
CASPER                           FIXED            No                       360                       360                     360
COMMERCE CITY                    FIXED            Yes                      180                       360                     360
TOOELE                            ARMS            No                       360                       360                     360
AMERICAN FORK                     ARMS            No                       360                       360                     360
HAYDEN                            ARMS            No                       360                       360                     360
WOODLAND PARK                     ARMS            No                       360                       360                     360
COLORADO SPRING                   ARMS            No                       360                       360                     360
BRIGHTON                          ARMS            No                       360                       360                     360
CHEYENNE                         FIXED            No                       360                       360                     360
DENVER                           FIXED            No                       360                       360                     360
LONGMONT                         FIXED            Yes                      360                       480                     480
COLORADO SPRING                  FIXED            Yes                      360                       480                     480
JOHNSTOWN                        FIXED            Yes                      360                       480                     480
CAPE CORAL                        ARMS            No                       360                       360                     360
COMMERCE CITY                     ARMS            No                       360                       360                     360
YORBA LINDA                      FIXED            No                       360                       360                     360
LAKEVILLE                         ARMS            No                       360                       360                     360
WESTMINSTER                       ARMS            No                       360                       360                     360
NORFOLK                           ARMS            No                       360                       360                     360
CHANNAHON                         ARMS            No                       360                       360                     360
RED LION                         FIXED            No                       360                       360                     360
MINNEAPOLIS                      FIXED            Yes                      180                       360                     360
DETROIT                          FIXED            Yes                      180                       360                     360
URBANA                            ARMS            No                       360                       360                     360
ALEDO                            FIXED            Yes                      180                       360                     360
DETROIT                          FIXED            Yes                      360                       480                     480
HAMMOND                          FIXED            Yes                      180                       360                     360
ADRIAN                           FIXED            Yes                      180                       360                     360
OAK FOREST                        ARMS            No                       360                       360                     360
FORT BRANCH                      FIXED            No                       360                       360                     360
HOPKINSVILLE                      ARMS            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
DOLTON                           FIXED            No                       360                       360                     360
HENDERSON                        FIXED            No                       360                       360                     360
RIVERSIDE                         ARMS            No                       360                       360                     360
PACOIMA                           ARMS            No                       360                       360                     360
FONTANA                           ARMS            No                       360                       360                     360
BANNING                           ARMS            No                       360                       360                     360
BANNING                          FIXED            Yes                      180                       360                     360
ADELANTO                          ARMS            No                       360                       360                     360
ANAHEIM                           ARMS            No                       360                       360                     360
CORONA                            ARMS            No                       360                       360                     360
COMPTON                           ARMS            No                       360                       360                     360
HELENDALE AREA                    ARMS            No                       360                       360                     360
HESPERIA                          ARMS            No                       360                       360                     360
ANAHEIM                           ARMS            No                       360                       360                     360
(SAUGUS AREA) L                  FIXED            No                       360                       360                     360
ANAHEIM                           ARMS            No                       360                       360                     360
ELMWOOD                           ARMS            No                       360                       360                     360
PERRIS                            ARMS            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
RIALTO                            ARMS            No                       360                       360                     360
ORANGE (CITY)                     ARMS            No                       360                       360                     360
SANTA ANA                         ARMS            No                       360                       360                     360
ORANGE                            ARMS            No                       360                       360                     360
AURORA                            ARMS            No                       360                       360                     360
FONTANA AREA                      ARMS            No                       360                       360                     360
WINNETKA AREA                     ARMS            No                       360                       360                     360
BELLFLOWER                        ARMS            No                       360                       360                     360
POMONA                            ARMS            No                       360                       360                     360
MURRIETA                          ARMS            No                       360                       360                     360
LAKE FOREST                      FIXED            Yes                      360                       480                     480
WEST COVINA                       ARMS            No                       360                       360                     360
FONTANA                           ARMS            No                       360                       360                     360
PARAMOUNT                         ARMS            No                       360                       360                     360
ANTIOCH                          FIXED            No                       360                       360                     360
SANTA ANA                         ARMS            No                       360                       360                     360
WESTMINSTER                       ARMS            No                       360                       360                     360
SUISUN CITY                      FIXED            Yes                      360                       480                     480
FONTANA                          FIXED            No                       360                       360                     360
HEMET                             ARMS            No                       360                       360                     360
LINDEN                           FIXED            No                       360                       360                     360
LOS ANGELES                       ARMS            No                       360                       360                     360
LADERA RANCH AR                   ARMS            No                       360                       360                     360
RIVERSIDE                         ARMS            No                       360                       360                     360
ANAHEIM                           ARMS            No                       360                       360                     360
MORENO VALLEY                     ARMS            No                       360                       360                     360
MORENO VALLEY                     ARMS            No                       360                       360                     360
OAKLAND                          FIXED            Yes                      180                       360                     360
ORANGE                            ARMS            No                       360                       360                     360
HIGHLAND AREA                     ARMS            No                       360                       360                     360
SANTA ANA                         ARMS            No                       360                       360                     360
BAKERSFIELD                       ARMS            No                       360                       360                     360
GRAND TERRACE                     ARMS            No                       360                       360                     360
SANTA ANA                         ARMS            No                       360                       360                     360
RIALTO                            ARMS            No                       360                       360                     360
SAN BERNARDINO                    ARMS            No                       360                       360                     360
GARDEN GROVE                     FIXED            Yes                      360                       480                     480
GARDENA                          FIXED            No                       360                       360                     360
SANTA ANA                        FIXED            No                       360                       360                     360
SANTA ANA                         ARMS            No                       360                       360                     360
LOS ANGELES                      FIXED            No                       360                       360                     360
NORWALK                           ARMS            No                       360                       360                     360
BEAUMONT                          ARMS            No                       360                       360                     360
SOUTH GATE                       FIXED            Yes                      360                       480                     480
SANTA ANA                         ARMS            No                       360                       360                     360
SANTA ANA                         ARMS            No                       360                       360                     360
RIALTO                            ARMS            No                       360                       360                     360
RIVERSIDE                         ARMS            No                       360                       360                     360
PERRIS                           FIXED            No                       360                       360                     360
ANAHEIM                           ARMS            No                       360                       360                     360
SANTA CLARITA                     ARMS            No                       360                       360                     360
SAN FERNANDO                      ARMS            No                       360                       360                     360
ANAHEIM                           ARMS            No                       360                       360                     360
SARATOGA SPRING                   ARMS            No                       360                       360                     360
CHICAGO                           ARMS            No                       360                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
SAN ANTONIO                      FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
CROSBY                           FIXED            Yes                      180                       360                     360
HOUSTON                          FIXED            Yes                      180                       360                     360
HUTTO                            FIXED            Yes                      180                       360                     360
HI HAT                            ARMS            No                       360                       360                     360
WYLIE                             ARMS            No                       360                       360                     360
MURFREESBORO                      ARMS            No                       360                       360                     360
BLUE RIDGE                       FIXED            No                       180                       180                     180
LARGO                            FIXED            Yes                      180                       360                     360
KINGMAN                           ARMS            No                       360                       360                     360
WAMEGO                           FIXED            Yes                      180                       360                     360
KANSAS CITY                       ARMS            No                       360                       360                     360
LEES SUMMIT                       ARMS            No                       360                       360                     360
HESPERIA                          ARMS            No                       360                       360                     360
TOWNSEND                          ARMS            No                       360                       360                     360
YUBA CITY                        FIXED            Yes                      180                       360                     360

CITY1                              STATED_REM_TERM            CALC_REM                  ORIGINAL_BALANCE              CURRENT_BALANCE
-------------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                               179                    359                         36,600.00                    36,585.45
BIG BEAR CITY                            178                    358                         94,000.00                    93,934.10
JAMUL                                    359                    359                        920,000.00                   920,000.00
JAMUL                                    179                    359                        230,000.00                   229,892.69
HENDERSON                                358                    358                        522,750.00                   522,750.00
BALDWIN PARK                             359                    359                        312,000.00                   311,790.22
BONIFAY                                  359                    359                        212,000.00                   211,868.22
AVENUE BLOOMING                          358                    358                        540,000.00                   540,000.00
AVENUE BLOOMING                          178                    358                        135,000.00                   134,911.36
STANTON                                  358                    358                        400,000.00                   400,000.00
RIVERSIDE AREA                           358                    358                        357,000.00                   356,509.49
APPLE VALLEY                             359                    479                        285,000.00                   284,936.35
CANYON COUNTRY                           359                    359                        386,250.00                   385,932.77
LAKE ELSINORE                            359                    359                        295,200.00                   295,200.00
LAKE ELSINORE                            179                    359                         73,800.00                    73,774.53
LOMITA                                   359                    359                        180,000.00                   179,872.95
LOS ANGELES                              359                    359                        530,000.00                   530,000.00
RAWLINS                                  358                    478                        125,000.00                   124,957.81
AURORA                                   358                    358                        200,000.00                   199,999.67
CHULA VISTA                              358                    358                        463,000.00                   463,000.00
SOUTH PLAINFIEL                          359                    359                        230,000.00                   229,871.05
OAKLEY                                   358                    358                        408,000.00                   408,000.00
SAN DIEGO                                359                    359                        234,400.00                   234,400.00
SAN DIEGO                                179                    359                         58,600.00                    58,578.17
SAN MARCOS                               359                    359                        456,000.00                   456,000.00
SAN MARCOS                               179                    359                        114,000.00                   113,950.63
TEMECULA                                 359                    359                        696,000.00                   696,000.00
TEMECULA                                 179                    359                        174,000.00                   173,929.34
SAN DIEGO                                359                    479                        343,000.00                   342,861.80
HIGLEY                                   359                    359                        285,000.00                   284,710.81
BIG BEAR CITY                            358                    358                        376,000.00                   376,000.00
SALINAS                                  359                    359                        448,000.00                   448,000.00
SALINAS                                  179                    359                         84,000.00                    83,969.72
MURRIETA                                 359                    359                        525,000.00                   525,000.00
MENIFEE                                  358                    358                        360,000.00                   360,000.00
ALTON                                    359                    359                         82,500.00                    82,500.00
CLIFTON                                  359                    359                        310,000.00                   309,801.92
EL SOBRANTE                              179                    359                        129,800.00                   129,747.29
KELLER                                   357                    357                        131,000.00                   130,783.25
LANCASTER                                357                    477                        375,000.00                   374,567.67
PALMDALE                                 358                    358                        284,000.00                   284,000.00
EVERETT                                  354                    354                        305,000.00                   304,207.65
RESEDA                                   357                    357                        520,000.00                   519,906.58
SCOTTSDALE                               358                    358                        830,858.00                   830,858.00
EL SOBRANTE                              359                    359                        519,200.00                   519,200.00
EAST ORANGE                              357                    357                        298,000.00                   297,552.07
FRISCO                                   357                    357                        209,544.00                   209,010.23
COSTA MESA                               358                    358                        621,000.00                   621,000.00
PUYALLUP                                 176                    356                         80,000.00                    79,877.88
COLLIERVILLE                             358                    358                         80,000.00                    79,912.27
FORT WORTH                               358                    358                        236,000.00                   235,681.60
SAINT LOUIS                              356                    356                         75,000.00                    74,749.46
SEATTLE                                  358                    358                        263,700.00                   263,693.45
SEATTLE                                  178                    358                         29,300.00                    29,265.98
KANSAS CITY                              357                    357                        225,250.00                   224,735.19
LOVES PARK                               357                    477                        168,000.00                   167,888.27
COEUR D ALENE                            358                    358                        152,000.00                   152,000.00
SEATAC                                   358                    358                        495,000.00                   495,000.00
LOS ANGELES                              178                    358                         93,750.00                    93,679.09
LOS ANGELES                              358                    358                        269,500.00                   269,005.43
BATESVILLE                               358                    358                        220,500.00                   220,245.34
DELRAY BEACH                             357                    357                        740,000.00                   740,000.00
CITY OF UPLAND                           358                    358                        572,000.00                   572,000.00
SAINT LOUIS                              174                    345                         12,000.00                    11,941.76
FORT SMITH                               357                    357                         69,900.00                    69,805.44
LOS ANGELES                              358                    358                        430,000.00                   430,000.00
FONTANA                                  357                    357                        472,344.00                   472,344.00
LAMAR                                    357                    357                        108,000.00                   107,804.33
OXON HILL                                358                    358                        241,600.00                   241,600.00
FAIRHAVEN                                177                    357                         38,250.00                    38,208.69
HYANNIS                                  357                    357                        351,000.00                   351,000.00
FORT WORTH                               358                    358                         80,100.00                    80,020.88
HUNTINGTON PARK                          177                    357                        113,600.00                   113,483.84
CAPE GIRARDEAU                           358                    358                         76,500.00                    76,432.02
WYOMING                                  357                    357                        169,000.00                   168,773.82
BALTIMORE                                357                    357                        140,250.00                   140,023.20
BURBANK                                  177                    357                         85,000.00                    84,903.13
SPOKANE                                  358                    477                        146,000.00                   145,910.97
CLOVIS                                   357                    477                        140,000.00                   139,816.86
SPRING VALLEY                            358                    358                        975,000.00                   975,000.00
MURRIETA                                 179                    359                         85,000.00                    84,959.49
FLOSSMOOR                                358                    358                        920,000.00                   918,411.32
BELVIDERE                                357                    357                        295,000.00                   294,345.36
PFLUGERVILLE                             177                    357                         13,913.00                    13,890.02
GALENA PARK                              178                    358                         15,640.00                    15,622.84
COLUMBIA                                 357                    357                        204,900.00                   204,536.34
CHICAGO                                  177                    357                         19,900.00                    19,880.74
WEST LINN                                357                    357                        236,300.00                   235,715.53
TOMBALL                                  177                    357                         32,159.00                    32,105.90
WEST VALLEY CIT                          177                    335                         51,765.00                    51,191.14
HOUSTON                                  358                    358                         75,000.00                    74,914.27
LONG BEACH                               357                    357                        410,000.00                   408,975.87
KISSIMMEE                                357                    357                        255,000.00                   254,578.11
KATY                                     358                    358                        150,696.00                   150,520.16
TAMPA                                    357                    357                        267,750.00                   267,081.19
YOUNGSTOWN                               358                    358                        149,900.00                   149,748.81
PALO                                     357                    357                        270,000.00                   269,594.16
LYNN                                     358                    358                        265,000.00                   264,550.70
TURRELL                                  238                    238                         52,500.00                    52,303.03
PEMBROKE PINES                           358                    358                        385,000.00                   385,000.00
LITTLETON                                177                    357                         33,000.00                    32,968.05
FORT VALLEY                              355                    355                        212,500.00                   212,452.29
SAN BERNARDINO                           177                    357                         56,250.00                    56,196.72
PHENIX                                   355                    355                        104,500.00                   104,223.24
OAK PARK                                 177                    357                         74,000.00                    73,932.17
KANSAS CITY                              358                    358                         80,000.00                    79,921.81
LONG BEACH                               357                    357                        900,000.00                   900,000.00
WICHITA                                  357                    357                         79,000.00                    78,891.99
CORONA                                   358                    358                        363,800.00                   363,800.00
PUTNAM CT 06260                          358                    358                        200,000.00                   199,738.78
WHITTIER AREA                            358                    358                        340,000.00                   339,424.24
QUARTZ HILL ARE                          177                    357                         67,490.00                    67,424.66
KANSAS CITY                              358                    358                         84,000.00                    83,921.96
SAN JUAN                                 358                    358                         56,000.00                    55,948.63
NEWTON                                   357                    357                         87,000.00                    86,870.58
MAQUOKETA                                358                    358                        241,000.00                   240,718.78
PRAIRIE CITY                             356                    356                        269,500.00                   268,590.99
KANSAS CITY                              357                    477                         85,000.00                    84,940.02
EAGLE MOUNTAIN                           177                    357                         31,500.00                    31,471.12
YORBA LINDA                              177                    357                        250,000.00                   249,770.94
INGLEWOOD                                357                    357                        575,000.00                   575,000.00
MINDEN                                   358                    358                        199,200.00                   198,903.40
HOUSTON                                  356                    356                        106,400.00                   106,051.50
IOLA                                     356                    356                         67,200.00                    66,952.62
KANSAS CITY                              357                    357                         68,000.00                    67,881.76
SAINT LOUIS                              357                    357                        102,600.00                   102,437.48
HOUSTON                                  357                    357                         50,000.00                    49,913.03
CHICAGO                                  357                    357                        306,000.00                   305,410.58
FORT WORTH                               357                    357                        127,500.00                   127,342.47
FLORISSANT                               357                    357                        175,000.00                   175,000.00
KANSAS CITY                              357                    357                         69,500.00                    69,396.61
ISSAQUAH                                 358                    358                        880,000.00                   879,913.33
FRESNO                                   177                    357                         68,000.00                    67,935.58
REDMOND                                  356                    356                        650,000.00                   650,000.00
CHICAGO                                  358                    358                        220,000.00                   219,814.69
COSTA MESA                               357                    477                        620,000.00                   619,285.21
TEMPE                                    358                    358                        129,500.00                   129,312.87
CARROLLTON                               177                    177                        176,000.00                   174,309.96
HOUSTON                                  358                    358                        312,000.00                   311,620.62
UNIC AREA OF LA                          179                    359                         85,000.00                    84,962.32
KANSAS CITY                              358                    358                        135,400.00                   135,260.52
SAINT LOUIS                              358                    358                        125,000.00                   124,848.00
OMAHA                                    359                    359                        143,833.00                   143,767.30
DAVENPORT                                359                    359                        145,600.00                   145,499.29
DAVENPORT                                179                    359                         36,400.00                    36,374.82
LEAVENWORTH                              358                    358                        137,500.00                   137,367.03
SPANAWAY                                 358                    478                        214,700.00                   214,585.21
PORT ORCHARD                             359                    359                        178,457.00                   178,304.82
POST FALLS                               359                    359                        128,000.00                   128,000.00
POST FALLS                               179                    359                         32,000.00                    31,988.34
IONA                                     359                    359                        100,000.00                    99,925.78
POULSBO                                  358                    358                        247,000.00                   247,000.00
BELLINGHAM                               359                    359                        295,000.00                   295,000.00
SPANAWAY                                 359                    359                        207,000.00                   207,000.00
GERVAIS                                  358                    358                        236,000.00                   236,000.00
HARRISBURG                               359                    359                        192,000.00                   192,000.00
HARRISBURG                               179                    359                         48,000.00                    47,983.43
TACOMA                                   359                    359                        265,000.00                   265,000.00
VANCOUVER                                358                    358                        292,000.00                   292,000.00
NORTH LAS VEGAS                          359                    359                        248,000.00                   247,808.45
NORTH LAS VEGAS                          179                    359                         62,000.00                    61,979.06
BURLINGTON                               359                    359                        180,800.00                   180,636.55
PORT ORCHARD                             359                    359                        332,000.00                   331,774.96
ONTARIO                                  359                    479                        195,000.00                   194,952.42
APPLE VALLEY                             358                    358                        262,000.00                   262,000.00
120-120 1/2 41S                          359                    359                        663,000.00                   663,000.00
NORWALK                                  359                    359                        540,000.00                   540,000.00
NORWALK                                  179                    359                        135,000.00                   134,956.85
CARSON                                   358                    358                        400,000.00                   400,000.00
120-120 1/2 41S                          179                    359                        117,000.00                   116,952.49
LONG BEACH                               358                    358                        424,000.00                   423,238.73
WINNETKA                                 359                    359                        503,200.00                   503,149.83
WINNETKA                                 179                    358                        125,800.00                   125,679.38
RIVERSIDE                                179                    359                         57,000.00                    56,980.76
AREA OF LOS ANG                          359                    359                        340,000.00                   340,000.00
LONG BEACH                               359                    359                        146,400.00                   146,400.00
REDONDO BEACH                            358                    358                        960,000.00                   960,000.00
SURPRISE                                 358                    478                        265,262.00                   265,139.50
RANCHO CUCAMONG                          358                    358                        423,000.00                   423,000.00
ORANGE                                   358                    358                        460,000.00                   460,000.00
ORANGE                                   178                    358                        115,000.00                   114,908.18
FONTANA                                  358                    358                        348,000.00                   348,000.00
(STUDIO CITY AR                          358                    358                        950,000.00                   950,000.00
PALMDALE                                 358                    358                        472,500.00                   472,500.00
HEMET                                    358                    358                        295,000.00                   295,000.00
LOS ANGELES                              358                    358                        684,000.00                   684,000.00
LOS ANGELES                              358                    358                        495,000.00                   495,000.00
LOS ANGELES                              358                    478                        302,400.00                   302,177.82
SAN BERNARDINO                           358                    358                        324,000.00                   324,000.00
FONTANA                                  358                    358                        640,000.00                   640,000.00
LOS ANGELES                              358                    358                        531,250.00                   531,250.00
LONG BEACH                               358                    478                        384,000.00                   383,702.40
(LA PUENTE AREA                          358                    358                        684,000.00                   684,000.00
VAN NUYS AREA L                          358                    358                        373,600.00                   373,600.00
SAN DIMAS                                358                    358                        585,000.00                   585,000.00
OXNARD                                   358                    358                        432,000.00                   431,323.94
AREA OF HEMET                            358                    358                        216,000.00                   216,000.00
HESPERIA                                 358                    358                        224,287.00                   224,287.00
STOCKTON                                 358                    358                        266,000.00                   266,000.00
LAKEWOOD                                 358                    358                        456,000.00                   456,000.00
FONTANA                                  358                    358                        300,000.00                   300,000.00
LAWNDALE                                 358                    358                        629,100.00                   629,100.00
CANOGA PARK ARE                          358                    358                        416,000.00                   416,000.00
FALLBROOK                                358                    358                        488,000.00                   488,000.00
LAS VEGAS                                358                    358                        239,200.00                   239,200.00
LOS ANGELES                              358                    358                        484,500.00                   484,500.00
COMPTON                                  358                    358                        446,250.00                   446,250.00
BALDWIN PARK                             358                    358                        340,000.00                   340,000.00
CYPRESS                                  358                    358                        680,000.00                   680,000.00
COMPTON                                  358                    358                        312,720.00                   312,720.00
LOS ANGELES                              358                    358                        481,500.00                   481,500.00
LOS ANGELES                              358                    358                        714,000.00                   714,000.00
LONG BEACH                               358                    358                        544,000.00                   544,000.00
LONG BEACH                               178                    358                        102,000.00                   101,921.15
SANTA ANA                                358                    358                        610,000.00                   608,861.55
LOS ANGELES                              358                    358                        400,000.00                   400,000.00
SAN DIEGO                                358                    358                        264,000.00                   264,000.00
AREA OF SYLMAR                           358                    358                        300,000.00                   300,000.00
CHINO                                    358                    358                        435,000.00                   435,000.00
AREA OF BLOOMIN                          358                    358                        283,200.00                   283,200.00
LOS ANGELES                              358                    358                        620,000.00                   620,000.00
(COMPTON AREA)                           358                    358                        400,000.00                   399,999.97
PROVO                                    358                    358                        130,000.00                   130,000.00
ADELANTO                                 358                    358                        112,000.00                   112,000.00
KENNEWICK                                358                    358                         82,400.00                    82,400.00
PORTLAND                                 358                    358                        229,500.00                   229,500.00
COEUR D ALENE                            358                    358                        144,000.00                   144,000.00
EATONVILLE                               358                    358                        186,300.00                   186,299.56
FEDERAL WAY                              358                    358                        293,400.00                   293,001.80
PORTLAND                                 357                    477                        215,000.00                   214,785.43
RENTON                                   357                    357                        403,750.00                   403,750.00
SPANAWAY                                 358                    358                        229,455.00                   229,455.00
SPANAWAY                                 178                    358                         25,495.00                    25,477.69
SEATTLE                                  358                    358                        280,000.00                   280,000.00
SUMNER                                   358                    358                        250,000.00                   250,000.00
LAKE FOREST                              358                    358                        663,000.00                   663,000.00
MARYSVILLE                               358                    358                        280,000.00                   280,000.00
ASHFORD                                  178                    358                         15,000.00                    14,990.35
RATHDRUM                                 358                    358                        191,250.00                   191,250.00
ABERDEEN                                 358                    358                         75,992.00                    75,902.39
MILWAUKIE                                358                    358                        245,140.00                   245,140.00
REDMOND                                  358                    358                        164,000.00                   164,000.00
TACOMA                                   358                    358                        265,000.00                   265,000.00
PUYALLUP                                 358                    358                        238,000.00                   238,000.00
PUYALLUP                                 358                    358                        397,000.00                   397,000.00
KENNEWICK                                178                    358                         15,450.00                    15,440.06
PORTLAND                                 358                    358                        212,000.00                   212,000.00
MULWAUKIE                                358                    358                        275,000.00                   275,000.00
MALAGA                                   358                    358                         80,000.00                    79,908.56
PORT ORCHARD                             358                    478                        158,000.00                   157,859.32
BUCKLEY                                  358                    358                        327,207.00                   327,207.00
BONNEY LAKE                              358                    358                        238,500.00                   238,500.00
NAMPA                                    358                    358                        150,000.00                   149,821.31
TACOMA                                   358                    358                        179,055.00                   179,055.00
TACOMA                                   178                    358                         19,895.00                    19,881.92
LAKEWOOD                                 358                    358                        306,000.00                   305,259.11
OLYMPIA                                  358                    358                        254,250.00                   254,250.00
COEUR D ALENE                            178                    358                         18,000.00                    17,988.42
TACOMA                                   358                    358                        177,240.00                   177,240.00
SPOKANE                                  358                    358                         90,630.00                    90,629.03
SEATTLE                                  358                    358                        349,600.00                   349,600.00
ABERDEEN                                 358                    358                        139,600.00                   139,600.00
COVINGTON                                358                    358                        199,200.00                   199,200.00
TACOMA                                   358                    358                        160,000.00                   160,000.00
EUGENE                                   358                    358                        296,800.00                   296,800.00
TACOMA                                   358                    358                        221,160.00                   221,160.00
PHOENIX                                  358                    358                        216,000.00                   215,731.93
SUMNER                                   358                    358                        231,300.00                   230,018.06
EUGENE                                   358                    358                        135,920.00                   135,679.48
SEATTLE                                  358                    358                        399,200.00                   399,200.00
WOODINVILLE                              358                    358                        428,000.00                   427,193.47
TACOMA                                   358                    358                        202,000.00                   202,000.00
SHELTON                                  358                    358                        249,700.00                   249,431.83
EVERETT                                  358                    358                        355,000.00                   355,000.00
PASADENA                                 177                    357                         65,000.00                    64,929.67
SIMI VALLEY                              358                    358                        560,500.00                   560,500.00
VICTORVILLE                              357                    357                        274,500.00                   273,960.38
PALMDALE                                 357                    357                        341,000.00                   341,000.00
LOS ANGELES                              177                    357                         44,900.00                    44,854.09
SAN DIEGO                                357                    357                        465,000.00                   463,847.57
BUENA PARK                               358                    358                        360,000.00                   360,000.00
TRABUCO CANYON                           357                    357                        380,000.00                   380,000.00
CHATSWORTH                               358                    358                        620,000.00                   620,000.00
CORONA                                   177                    357                         81,750.00                    81,639.87
BELLFLOWER                               357                    357                        532,000.00                   530,684.12
LOS ANGELES                              358                    358                        430,000.00                   430,000.00
HAWTHORNE                                358                    358                        308,000.00                   308,000.00
IRVINE                                   237                    237                        625,000.00                   621,178.84
SANTA PAULA                              358                    358                        439,600.00                   439,600.00
LAKEWOOD                                 358                    478                        480,000.00                   479,560.72
ALHAMBRA                                 358                    358                        571,500.00                   571,500.00
SACRAMENTO                               358                    478                        250,000.00                   249,836.93
LOS ANGELES                              358                    358                        349,600.00                   349,600.00
SAN BERNARDINO                           358                    358                        265,000.00                   265,000.00
STOCKTON                                 358                    358                        283,900.00                   283,900.00
LONG BEACH                               357                    357                        580,000.00                   580,000.00
KLAMATH FALLS                            357                    357                         75,000.00                    74,846.46
BELLINGHAM                               177                    357                         19,885.00                    19,865.74
PORTLAND                                 177                    357                         34,350.00                    34,316.74
PUYALLUP                                 357                    357                        408,500.00                   408,500.00
TACOMA                                   358                    358                        121,720.00                   121,604.74
WASILLA                                  177                    344                         34,242.00                    34,044.84
SPOKANE                                  358                    358                        131,750.00                   131,609.95
WENDELL                                  358                    358                         68,875.00                    68,802.71
PAYETTE                                  358                    478                         82,000.00                    81,968.78
TACOMA                                   357                    357                        188,700.00                   188,700.00
SUQUAMISH                                358                    358                        154,000.00                   153,744.30
PORTLAND                                 358                    358                        178,600.00                   178,599.37
TACOMA                                   177                    357                         18,700.00                    18,681.88
PUYALLUP                                 177                    357                         16,950.00                    16,928.91
UNIVERSITY PLAC                          357                    357                        259,250.00                   259,250.00
COVINGTON                                177                    357                         58,950.00                    58,892.93
TWIN FALLS                               177                    354                         16,850.00                    16,807.33
GIG HARBOR                               357                    357                        386,650.00                   386,650.00
SHELTON                                  357                    357                        169,000.00                   169,000.00
PORTLAND                                 357                    357                        272,000.00                   271,647.44
SPRINGFIELD                              177                    357                         49,650.00                    49,599.21
SEDRO WOOLLEY                            357                    477                        208,900.00                   208,752.62
REPUBLIC                                 357                    357                         92,000.00                    91,852.46
ABERDEEN                                 357                    357                        148,000.00                   147,755.14
OTHELLO                                  357                    357                         83,000.00                    82,830.56
BOTHELL                                  177                    357                         22,500.00                    22,478.22
SPOKANE                                  357                    357                        125,800.00                   125,572.09
SPOKANE                                  177                    357                         22,200.00                    22,178.49
VALHALLA                                 358                    356                        500,000.00                   497,627.61
MONCKS CORNER                            359                    359                        131,800.00                   131,733.23
BANGOR                                   358                    358                        145,000.00                   144,837.66
TRENTON                                  359                    359                        105,900.00                   105,853.05
LANHAM                                   359                    359                        667,500.00                   666,941.86
LOWELL                                   359                    359                        238,500.00                   238,500.00
LOWELL                                   179                    359                         13,250.00                    13,245.67
CALUMET CITY                             359                    359                        137,700.00                   137,628.61
CALUMET CITY                             179                    359                         24,300.00                    24,292.22
TOWER CITY                               358                    358                        165,000.00                   164,854.95
MARKHAM                                  358                    358                        142,000.00                   141,871.11
SAINT CLAIR SHO                          358                    358                         90,525.00                    90,452.73
ATLANTA                                  358                    358                        120,000.00                   119,862.84
MONTICELLO                               178                    358                         42,000.00                    41,964.50
NORRIDGE                                 359                    359                        715,000.00                   714,566.84
BROOKLYN PARK                            358                    358                        159,200.00                   158,996.26
DETROIT                                  359                    359                         57,500.00                    57,469.56
DETROIT                                  179                    359                         10,000.00                     9,996.73
CANTON                                   358                    478                        204,800.00                   204,632.17
BOYNTON BEACH                            358                    478                        123,500.00                   123,438.60
CHICAGO                                  359                    359                        575,000.00                   574,731.74
DECATUR                                  358                    478                        168,000.00                   167,946.48
GARY                                     359                    479                        168,300.00                   168,251.09
GARY                                     179                    359                         29,700.00                    29,689.74
HAMPTON                                  358                    478                        125,000.00                   124,954.50
ADDISON                                  359                    359                        255,000.00                   254,871.90
PALATINE                                 359                    359                        302,100.00                   301,941.73
ROBBINSDALE                              179                    359                         36,600.00                    36,584.56
LITTLE FALLS                             358                    478                        163,000.00                   162,911.56
PRINCETON                                359                    479                        150,806.00                   150,779.15
BROOKLYN PARK                            359                    359                        220,000.00                   220,000.00
BROOKLYN PARK                            179                    359                         55,000.00                    54,976.81
LAND O LAKES                             359                    359                        266,050.00                   265,852.54
CHASKA                                   359                    359                        148,000.00                   147,885.68
SAINT PAUL                               359                    359                        155,000.00                   155,000.00
HANOVER PARK                             359                    359                        167,000.00                   166,930.71
BUCKEYE                                  358                    358                        215,646.00                   215,646.00
KINGMAN                                  359                    359                        102,000.00                   101,961.18
LAS VEGAS                                359                    359                        919,600.00                   919,600.00
PHOENIX                                  359                    359                        304,650.00                   304,650.00
KANSAS CITY                              356                    356                         81,600.00                    81,389.68
KANSAS CITY                              176                    356                         14,400.00                    14,382.30
DETROIT                                  179                    359                         20,600.00                    20,591.81
CHADWICK                                 358                    478                        116,500.00                   116,461.86
RICHMOND                                 358                    358                        128,000.00                   127,922.18
NEW BEDFORD                              359                    359                        145,000.00                   144,927.92
RICHMOND                                 358                    358                        205,000.00                   204,786.62
COLUMBIA                                 358                    358                        150,425.00                   150,260.42
BANGOR                                   359                    359                        135,000.00                   134,931.47
NASHUA                                   358                    358                        289,000.00                   288,606.92
CHARLOTTE                                359                    359                        110,892.00                   110,848.40
DETROIT                                  359                    359                         50,000.00                    49,974.87
CROWLEY                                  358                    358                        124,335.00                   124,192.88
MIAMI                                    358                    358                        249,900.00                   249,639.88
RIDGELAND                                358                    358                         50,000.00                    49,955.10
RAILROAD FLAT                            359                    359                        191,250.00                   191,250.00
LANCASTER                                358                    478                        106,210.00                   106,171.33
RIDGELAND                                178                    358                         10,300.00                    10,290.85
HALSTEAD                                 359                    359                        103,700.00                   103,638.45
GILBERT                                  359                    359                        278,550.00                   278,550.00
GILBERT                                  179                    359                         69,600.00                    69,571.73
DETROIT                                  359                    479                         82,400.00                    82,378.04
BRYAN                                    358                    358                        111,250.00                   111,145.77
LITTLE RIVER AC                          358                    358                        138,372.00                   138,133.05
SAN ANTONIO                              359                    359                         63,700.00                    63,670.59
LAREDO                                   358                    358                         82,800.00                    82,683.90
LAREDO                                   178                    358                         20,700.00                    20,677.30
HOUSTON                                  358                    358                        103,900.00                   103,803.68
KINGWOOD                                 358                    358                        140,400.00                   140,256.88
HOUSTON                                  358                    358                        119,000.00                   118,840.47
BAYTOWN                                  358                    358                         52,500.00                    52,457.63
LA PORTE                                 358                    358                        109,000.00                   108,879.52
BAYTOWN                                  178                    358                         10,500.00                    10,488.48
BACLIFF                                  358                    358                         90,000.00                    89,901.29
HOUSTON                                  359                    479                        124,000.00                   123,974.66
AUSTIN                                   359                    359                        116,000.00                   115,948.13
DEER PARK                                358                    358                        144,730.00                   144,534.73
FORT WORTH                               358                    358                        153,100.00                   152,923.18
FORT WORTH                               358                    358                        175,000.00                   174,819.74
COLUMBIA                                 358                    358                        109,000.00                   108,891.21
JENKS                                    358                    358                        221,400.00                   221,181.32
MONCKS CORNER                            178                    178                        153,300.00                   152,371.14
EL PASO                                  358                    358                         88,750.00                    88,654.83
SAN ANTONIO                              358                    358                        127,000.00                   126,851.80
CARROLLTON                               358                    358                        116,800.00                   116,624.34
CARROLLTON                               358                    358                        143,500.00                   143,378.25
GARLAND                                  358                    358                        115,000.00                   114,838.99
EL PASO                                  358                    358                        105,000.00                   104,899.50
BOLIVAR                                  358                    358                         96,000.00                    95,907.15
ARLINGTON                                358                    478                         98,500.00                    98,460.77
DALLAS                                   359                    359                         64,800.00                    64,761.93
MEMPHIS                                  358                    478                        123,600.00                   123,528.74
HITCHCOCK                                358                    358                        166,550.00                   166,385.49
DESOTO                                   358                    358                        185,500.00                   185,300.77
ATHENS                                   358                    358                        176,000.00                   175,786.00
BOWIE                                    358                    358                         95,000.00                    94,903.16
BEDFORD                                  358                    358                        169,943.00                   169,649.54
DENISON                                  359                    359                         65,000.00                    64,969.99
SAN MARCOS                               358                    358                        544,000.00                   543,103.80
CEDAR HILL                               358                    358                         95,000.00                    94,896.89
GLENN HEIGHTS                            358                    358                        100,000.00                    99,859.79
IRVING                                   358                    358                        122,900.00                   122,758.06
PRYOR                                    178                    358                         17,900.00                    17,887.58
ROWLETT                                  358                    358                         99,200.00                    99,088.93
BURLESON                                 358                    358                        107,300.00                   107,162.69
BOWIE                                    358                    358                        110,000.00                   109,864.44
BALCH SPRINGS                            359                    359                        143,169.00                   143,056.19
BALCH SPRINGS                            179                    359                         25,266.00                    25,252.20
MCKINNEY                                 358                    358                        256,950.00                   256,647.05
DALLAS                                   359                    359                        135,900.00                   135,818.51
WICHITA FALLS                            359                    359                         88,000.00                    87,943.30
FORT WORTH                               358                    358                        101,573.00                   101,421.75
GRAND PRAIRIE                            358                    358                         78,440.00                    78,364.94
BOWIE                                    359                    359                        288,000.00                   287,829.08
GULFPORT                                 359                    359                        120,000.00                   119,932.37
MAYNARDVILLE                             359                    359                         84,900.00                    84,861.79
VILONIA                                  358                    358                         63,600.00                    63,533.10
EL PASO                                  358                    358                        228,000.00                   227,566.19
FORT WORTH                               356                    356                        129,132.00                   128,874.69
VICTORIA                                 358                    358                         87,900.00                    87,808.49
LOWRY CROSSING                           358                    358                        178,700.00                   178,530.78
HAYDEN                                   359                    359                        290,250.00                   290,045.14
TELEPHONE                                358                    358                         59,900.00                    59,842.07
GRAND PRAIRIE                            358                    358                        113,000.00                   112,896.34
HOUSTON                                  359                    359                         50,000.00                    49,973.80
STANHOPE                                 359                    359                        133,000.00                   132,943.02
PORT NECHES                              358                    358                         57,240.00                    57,188.05
RICHMOND                                 358                    358                        167,447.00                   167,288.44
DALLAS                                   358                    358                        136,550.00                   136,428.41
SAN ANTONIO                              358                    358                        124,700.00                   124,568.19
WILLIS                                   358                    358                        211,225.00                   210,970.80
KYLE                                     358                    358                        154,240.00                   154,070.85
HUMBLE                                   358                    358                        104,720.00                   104,590.03
HUNTSVILLE                               358                    358                        112,100.00                   111,989.28
WILLIS                                   358                    358                        119,920.00                   119,736.02
HOUSTON                                  358                    358                         50,000.00                    49,958.99
KATY                                     358                    358                         86,500.00                    86,422.32
HORIZON CITY                             358                    358                        164,000.00                   163,816.38
NEW BRAUNFELS                            358                    358                        133,750.00                   133,571.72
PASADENA                                 358                    358                        121,900.00                   121,785.11
HOUSTON                                  358                    358                        113,000.00                   112,883.59
LEANDER                                  358                    358                        158,500.00                   158,314.46
S. OGDEN                                 358                    358                        111,900.00                   111,796.26
BILLINGS                                 358                    358                        210,000.00                   209,813.02
TOOELE                                   358                    358                        147,000.00                   147,000.00
LEHI                                     358                    358                        313,297.00                   312,739.94
WEST VALLEY                              358                    358                        150,000.00                   149,873.64
SAINT GEORGE                             358                    358                        229,000.00                   228,769.98
COLORADO SPRING                          358                    478                        385,000.00                   384,864.06
WALDORF                                  178                    358                        206,100.00                   205,854.48
OWINGS MILLS                             358                    358                        310,000.00                   310,000.00
CHICAGO                                  356                    356                        229,500.00                   229,500.00
CHICAGO                                  176                    356                         40,500.00                    40,447.48
GLENDALE HEIGHT                          358                    358                         89,100.00                    89,019.12
LA MARQUE                                354                    354                        156,898.00                   156,340.73
LAKE JACKSON                             174                    354                         27,688.00                    27,593.89
EL PASO                                  358                    358                         92,000.00                    91,872.31
SHOREACRES                               358                    358                        168,530.00                   168,320.83
EDINBURG                                 178                    358                         17,000.00                    16,981.35
HOUSTON                                  358                    358                        129,400.00                   129,270.85
MONTGOMERY                               358                    358                         95,000.00                    94,918.71
ANGLETON                                 358                    358                        151,000.00                   150,811.47
HOUSTON                                  358                    478                         85,000.00                    84,976.09
MAGNOLIA                                 358                    358                        149,000.00                   148,827.91
LEADWOOD                                 358                    358                         50,250.00                    50,217.00
ST. LOUIS                                358                    358                         86,000.00                    85,871.94
LINCOLN                                  358                    358                         96,500.00                    96,376.49
MILFORD                                  357                    357                        193,500.00                   193,079.25
SAINT LOUIS                              357                    357                         60,000.00                    59,918.51
JESUP                                    358                    358                        186,067.00                   185,845.35
LEAVENWORTH                              177                    357                         16,500.00                    16,483.13
MASON CITY                               357                    357                         85,500.00                    85,351.35
INDEPENDENCE                             357                    357                        118,000.00                   117,812.61
KANSAS CITY                              357                    357                         73,600.00                    73,393.40
ST. LOUIS                                357                    477                         55,250.00                    55,227.30
BLAIR                                    357                    357                        100,500.00                   100,364.06
KANSAS CITY                              357                    357                         94,118.00                    93,923.36
DES MOINES                               357                    357                         76,600.00                    76,600.00
OMAHA                                    358                    357                        121,600.00                   121,330.57
RAYMORE                                  358                    358                        150,000.00                   150,000.00
SAINT LOUIS                              357                    357                         96,000.00                    95,864.54
FREEBURG                                 358                    358                         94,000.00                    93,928.72
COUNCIL BLUFFS                           357                    357                         98,000.00                    97,891.28
OLATHE                                   357                    357                        143,650.00                   143,392.31
ST. LOUIS                                177                    357                         14,100.00                    14,083.05
CANTON                                   357                    357                         53,000.00                    52,928.30
SIBLEY                                   358                    358                         69,000.00                    68,943.72
SAINT LOUIS                              358                    358                         60,000.00                    59,963.52
TIFFIN                                   358                    358                         87,000.00                    86,915.86
LEE'S SUMMIT                             357                    477                        277,950.00                   277,765.13
KANSAS CITY                              358                    358                         81,600.00                    81,524.19
KANSAS CITY                              358                    358                         52,000.00                    51,965.86
SAINT LOUIS                              358                    358                        110,700.00                   110,700.00
COUNCIL BLUFFS                           358                    358                         75,000.00                    74,930.46
KANSAS CITY                              358                    358                         69,600.00                    69,537.50
SAINT LOUIS                              358                    358                         65,200.00                    65,153.17
KANSAS CITY                              358                    358                         72,250.00                    72,195.34
ST. LOUIS                                358                    358                         73,000.00                    72,926.36
LEON                                     358                    358                        151,050.00                   150,894.42
BELLEVUE                                 358                    358                         68,000.00                    67,938.93
WICHITA                                  358                    358                         56,900.00                    56,846.10
KANSAS CITY                              358                    358                        256,500.00                   256,151.11
KANSAS CITY                              358                    358                         67,000.00                    66,933.13
OMAHA                                    358                    358                        198,000.00                   197,785.11
KANSAS CITY                              358                    358                        150,000.00                   149,817.60
OVERLAND PARK                            358                    358                        141,000.00                   140,833.76
HUTCHINSON                               358                    358                        144,500.00                   144,333.11
BATES CITY                               358                    358                        238,500.00                   238,103.98
COSBY                                    358                    358                        160,000.00                   160,000.00
WENATCHEE                                356                    356                        157,225.00                   157,222.33
WEST LINN                                356                    476                        429,250.00                   428,738.68
BREMERTON                                357                    357                        342,000.00                   341,367.58
PORTLAND                                 176                    356                         30,450.00                    30,406.40
CAMARILLO                                177                    357                         91,500.00                    91,411.42
QUARTZ HILL ARE                          357                    357                        607,410.00                   607,410.00
CARSON                                   177                    357                         31,000.00                    30,960.64
APPLE VALLEY AR                          177                    357                         44,985.00                    44,940.92
BUENA PARK                               357                    357                        584,250.00                   584,247.53
QUARTZ HILL ARE                          358                    358                        290,000.00                   289,698.16
WILMINGTON AREA                          177                    357                         63,500.00                    63,431.29
LOS ANGELES                              358                    358                        455,200.00                   455,200.00
ADELANTO                                 357                    357                        276,000.00                   275,261.85
LANCASTER AREA                           357                    357                        316,800.00                   315,953.83
NIPOMO                                   178                    358                        107,700.00                   107,634.52
CORONA                                   358                    358                        479,900.00                   479,900.00
VENTURA (AREA O                          357                    357                        652,000.00                   650,178.69
NORTHRIDGE AREA                          358                    358                        300,000.00                   299,518.76
NORTHRIDGE AREA                          358                    358                        850,000.00                   848,560.65
WOODLAND HILLS                           358                    358                        700,000.00                   700,000.00
POMONA                                   358                    358                        348,000.00                   348,000.00
VICTORVILLE                              358                    358                        331,700.00                   331,700.00
HEMET                                    178                    358                         65,000.00                    64,950.82
MATTAWA                                  176                    356                         18,750.00                    18,722.85
COEUR D ALENE                            358                    358                        145,000.00                   145,000.00
IDAHO FALLS                              177                    357                         10,500.00                    10,489.24
SPOKANE                                  356                    356                        104,000.00                   103,607.86
EVERETT                                  177                    357                         31,000.00                    30,968.29
SPOKANE                                  177                    357                         17,700.00                    17,682.85
KANSAS CITY                              357                    357                         65,000.00                    64,920.95
CEDAR RAPIDS                             357                    357                         77,000.00                    76,880.55
OVERLAND PARK                            358                    358                        138,000.00                   137,828.72
DES MOINES                               357                    477                        147,000.00                   146,911.31
MAQUOKETA                                357                    357                         77,500.00                    77,365.23
ST. PETERS                               357                    357                        125,000.00                   124,900.00
GARDNER                                  357                    357                        151,300.00                   150,973.65
ABBYVILLE                                357                    357                         82,000.00                    81,866.00
ST. LOUIS                                357                    357                        109,500.00                   109,347.58
DES MOINES                               357                    477                         90,000.00                    89,941.89
MAQUOKETA                                357                    357                         68,500.00                    68,421.27
KANSAS CITY                              356                    356                         92,700.00                    92,505.49
PERRY                                    357                    357                        132,500.00                   132,302.90
OVERLAND PARK                            356                    356                        123,900.00                   123,663.31
OLATHE                                   357                    477                        182,000.00                   181,873.45
KANSAS CITY                              357                    357                         90,000.00                    89,885.78
GRANDVIEW                                357                    477                        136,000.00                   135,901.19
ADAIR                                    357                    357                         80,000.00                    79,888.28
ASHLAND                                  357                    357                        248,000.00                   248,000.00
KANSAS CITY                              357                    477                        112,000.00                   111,865.71
VIOLA                                    357                    357                        248,000.00                   247,444.36
GRAIN VALLEY                             177                    357                         25,275.00                    25,250.52
MAQUOKETA                                357                    357                         66,000.00                    65,919.75
COLORADO SPRING                          357                    477                        160,000.00                   159,902.65
KANSAS CITY                              176                    356                         40,283.00                    40,230.76
CRESTON                                  357                    357                         80,000.00                    79,871.77
COVINGTON                                358                    478                        253,000.00                   252,877.90
ELIZABETH CITY                           358                    358                        106,400.00                   106,282.10
FORT WALTON BEA                          358                    358                        120,000.00                   119,920.75
ATLANTA                                  358                    358                        199,000.00                   198,777.19
MCHENRY                                  358                    478                        174,325.00                   174,260.61
HIALEAH                                  358                    358                        350,000.00                   349,418.85
LITHONIA                                 358                    478                        114,985.00                   114,929.50
ORLANDO                                  358                    358                        216,000.00                   215,723.57
PORT SAINT LUCI                          358                    358                        238,000.00                   237,685.98
CLERMONT                                 358                    358                        268,000.00                   268,000.00
MIAMI                                    358                    358                        250,000.00                   249,692.88
CHICAGO                                  358                    478                        225,000.00                   224,925.21
NORTH AUGUSTA                            358                    358                        133,600.00                   133,419.75
ATLANTA                                  358                    478                        180,000.00                   179,935.48
SUNRISE                                  358                    358                        366,600.00                   366,149.65
ATLANTA                                  358                    358                        196,000.00                   195,784.61
NORTHBROOK                               358                    358                        635,000.00                   634,187.37
SNELLVILLE                               358                    358                        217,000.00                   216,761.55
CAROL STREAM                             358                    358                        300,000.00                   299,553.31
ELLENWOOD                                358                    358                        181,400.00                   181,224.56
TAMPA                                    358                    358                        193,000.00                   192,786.13
COVINGTON                                358                    358                        126,750.00                   126,589.44
NEWNAN                                   358                    478                        194,400.00                   194,271.02
ELLENWOOD                                358                    478                        181,000.00                   180,916.42
ORANGE PARK                              358                    358                        548,511.00                   547,794.60
SCOTTSDALE                               178                    358                        146,622.00                   146,512.29
CASA GRANDE                              177                    357                         27,490.00                    27,462.18
PHOENIX                                  358                    358                        276,548.00                   276,548.00
CASA GRANDE                              177                    357                         28,533.00                    28,505.38
QUEEN CREEK                              177                    357                         25,561.00                    25,534.49
PHOENIX                                  357                    357                        237,500.00                   237,169.14
SURPRISE                                 177                    357                         55,500.00                    55,446.25
TUCSON                                   177                    357                         18,015.00                    17,995.53
QUEEN CREEK                              358                    358                        192,000.00                   192,000.00
CASA GRANDE                              357                    357                        165,000.00                   164,740.39
NORTH LAS VEGAS                          177                    357                         40,200.00                    40,161.08
LAS VEGAS                                357                    357                        229,500.00                   229,500.00
GOLD CANYON                              357                    357                        396,000.00                   395,410.99
MAYER                                    357                    357                        140,000.00                   139,838.71
QUEEN CREEK                              357                    357                        172,541.00                   172,541.00
KINGMAN                                  177                    357                         13,950.00                    13,936.48
TUCSON                                   357                    357                        175,000.00                   174,692.56
SURPRISE                                 177                    357                         32,985.00                    32,953.07
CASA GRANDE                              177                    357                         33,435.00                    33,400.79
LAS VEGAS                                358                    358                        276,250.00                   276,250.00
GOODYEAR                                 358                    358                        224,145.00                   224,145.00
SURPRISE                                 357                    357                        442,000.00                   442,000.00
TOLLESON                                 358                    358                        198,548.00                   198,548.00
MESA                                     357                    357                        131,750.00                   131,554.03
QUEEN CREEK                              358                    358                        147,110.00                   147,110.00
LAS VEGAS                                178                    358                         28,500.00                    28,480.67
QUEEN CREEK                              177                    356                         23,863.00                    23,828.40
CASA GRANDE                              358                    358                        146,511.00                   146,511.00
LAS VEGAS                                358                    358                        219,000.00                   219,000.00
AVONDALE                                 358                    358                        208,250.00                   208,250.00
FORT MOHAVE                              358                    358                        195,500.00                   195,500.00
QUEEN CREEK                              358                    358                        156,656.00                   156,656.00
GLENDALE                                 358                    358                        203,915.00                   203,915.00
SURPRISE                                 358                    358                        435,290.00                   435,290.00
NORTH LAS VEGAS                          358                    478                        181,000.00                   180,889.78
SEDONA                                   358                    358                        480,000.00                   480,000.00
LAS VEGAS                                358                    358                        224,000.00                   224,000.00
PHOENIX                                  358                    358                        205,000.00                   205,000.00
PHOENIX                                  358                    358                        224,550.00                   224,550.00
PHOENIX                                  358                    358                        129,000.00                   128,809.84
QUEEN CREEK                              358                    358                        178,168.00                   178,168.00
QUEEN CREEK                              358                    358                        139,177.00                   139,164.70
QUEEN CREEK                              358                    358                        157,996.00                   157,996.00
SAHUARITA                                358                    358                        227,200.00                   227,200.00
AMADO                                    358                    358                         96,600.00                    96,527.19
TUCSON                                   358                    358                        141,950.00                   141,786.05
PHOENIX                                  358                    358                        185,000.00                   184,815.35
LAVEEN                                   358                    358                        135,920.00                   135,708.96
SURPRISE                                 358                    358                        303,472.00                   303,472.00
PEORIA                                   358                    358                        152,000.00                   151,760.70
SURPRISE                                 358                    358                        242,000.00                   242,000.00
QUEEN CREEK                              358                    358                        137,182.00                   137,182.00
KINGMAN                                  358                    358                        179,100.00                   178,918.97
PHOENIX                                  358                    358                        256,450.00                   256,450.00
KANSAS CITY                              356                    356                         85,000.00                    84,802.22
INDEPENDENCE                             356                    356                         78,000.00                    77,843.04
CHARLES CITY                             356                    356                         84,915.00                    84,657.99
INDEPENDENCE                             358                    358                         59,500.00                    59,442.45
KANSAS CITY                              357                    357                         50,000.00                    49,940.83
SENECA                                   177                    357                         16,500.00                    16,484.02
LEAVENWORTH                              357                    357                        103,500.00                   103,321.51
KANSAS CITY                              357                    357                         82,000.00                    81,841.47
DES MOINES                               357                    357                        122,500.00                   122,298.80
COUNCIL BLUFFS                           177                    357                         30,750.00                    30,720.22
KANSAS CITY                              356                    356                         52,000.00                    51,904.32
PALATINE                                 358                    478                        157,000.00                   156,956.53
PORT CHARLOTTE                           358                    358                        203,575.00                   203,292.46
ATLANTA                                  358                    358                        210,000.00                   209,807.37
CHICAGO                                  358                    358                        356,000.00                   355,588.85
ATLANTA                                  358                    358                        365,000.00                   364,661.63
ST CLAIR SHORES                          358                    358                        123,000.00                   122,890.48
CHICAGO                                  358                    358                        300,000.00                   299,570.85
LITHONIA                                 177                    357                         73,500.00                    73,428.84
JACKSON                                  358                    358                        149,900.00                   149,756.56
AURORA                                   358                    358                        115,000.00                   115,000.00
HOFFMAN ESTATES                          358                    358                        275,500.00                   275,181.83
COON RAPIDS                              358                    358                        176,800.00                   176,800.00
PLAINFIELD                               358                    358                        197,000.00                   196,805.42
SCHAUMBURG                               358                    358                        201,000.00                   200,758.10
JACKSONVILLE                             358                    358                         81,000.00                    80,870.71
DETROIT                                  358                    358                         60,000.00                    59,946.58
RUFFIN                                   358                    358                        124,000.00                   123,795.73
TITUSVILLE                               358                    358                        150,000.00                   149,750.92
ROSEVILLE                                358                    358                        105,000.00                   104,892.98
LAKELAND                                 358                    478                        159,000.00                   158,888.34
CHICAGO                                  358                    358                        205,000.00                   204,760.78
RIVERDALE                                358                    478                        130,000.00                   129,951.83
CHICAGO                                  358                    358                        384,000.00                   384,000.00
CHICAGO HEIGHTS                          358                    358                        135,000.00                   134,879.80
ROCKMART                                 358                    358                        103,500.00                   103,380.46
BOGART                                   358                    358                        112,000.00                   111,910.59
EVANSVILLE                               358                    358                         69,900.00                    69,836.55
DETROIT                                  358                    358                        116,100.00                   115,955.90
GAINESVILLE                              358                    358                        234,000.00                   233,780.75
MIRAMAR                                  358                    358                        990,000.00                   990,000.00
MAYWOOD                                  358                    358                        204,000.00                   203,724.77
CHICAGO                                  358                    358                        255,600.00                   255,350.19
ROSEMONT                                 358                    358                        125,000.00                   124,880.38
NEWAYGO                                  358                    358                        106,250.00                   106,139.40
NEWAYGO                                  178                    358                         18,750.00                    18,737.68
ATLANTA                                  177                    357                         36,000.00                    35,965.14
HARVEY                                   358                    358                         90,000.00                    89,903.33
CHICAGO                                  358                    358                        209,900.00                   209,688.29
MILTON                                   358                    358                         85,000.00                    84,858.85
WOODRIDGE                                358                    358                        119,920.00                   119,920.00
ST LOUIS PARK                            358                    358                        178,415.00                   178,415.00
HIGH POINT                               358                    358                         73,800.00                    73,727.09
BELLEVILLE                               358                    358                        236,700.00                   236,346.84
CONYERS                                  358                    358                        400,000.00                   399,488.11
COVINGTON                                178                    358                         17,700.00                    17,688.62
VALDOSTA                                 357                    357                         73,000.00                    72,898.06
DEFUNIAK SPRING                          357                    357                        157,000.00                   156,745.60
CHICAGO                                  358                    358                        420,000.00                   419,638.60
MACOMB                                   358                    358                        198,000.00                   198,000.00
HIALEAH                                  357                    477                        101,000.00                   100,868.31
ELK RIVER                                358                    358                        392,000.00                   392,000.00
LAFAYETTE                                358                    358                        107,845.00                   107,726.50
GATESVILLE                               358                    358                        136,000.00                   135,858.14
AUGUSTA                                  358                    358                         77,350.00                    77,278.29
MOUNT PROSPECT                           358                    358                        395,000.00                   394,618.00
ROCHELLE                                 358                    358                        137,500.00                   137,361.30
MOUNT VERNON                             358                    358                        112,500.00                   112,393.47
DETROIT                                  358                    358                         72,500.00                    72,411.53
TAMPA                                    177                    357                         47,250.00                    47,201.67
TEMPLE                                   358                    478                        128,000.00                   127,943.45
DOUGLASVILLE                             177                    357                         18,800.00                    18,779.63
ROSELLE                                  358                    358                        348,000.00                   347,606.33
ELMORE                                   358                    358                         67,500.00                    67,442.25
CROSS                                    358                    358                        142,800.00                   142,595.73
LECANTO                                  177                    357                         50,000.00                    49,951.59
DECATUR                                  357                    477                        138,000.00                   137,839.11
AUBURN HILLS                             358                    358                        241,180.00                   240,914.97
LOUISVILLE                               358                    358                         70,300.00                    70,237.52
GLENDALE HEIGHT                          358                    478                        256,000.00                   255,814.71
RIVERVIEW                                178                    357                         41,800.00                    41,752.24
SOUTH HOLLAND                            358                    358                        224,910.00                   224,687.86
CHICAGO                                  358                    358                        395,000.00                   395,000.00
MAYWOOD                                  358                    478                         67,000.00                    66,956.16
CHICAGO                                  358                    358                        349,500.00                   349,199.25
LILBURN                                  357                    357                        124,000.00                   123,809.26
DEERFIELD                                358                    358                        620,500.00                   619,721.98
NEW PORT RICHEY                          357                    357                        198,000.00                   197,382.50
GLENWOOD                                 358                    478                        185,250.00                   185,160.60
INDIANAPOLIS                             358                    358                         93,415.00                    93,323.70
UNION                                    357                    357                         89,000.00                    88,866.23
CHICAGO                                  358                    358                        328,000.00                   327,539.64
SANFORD                                  357                    357                        211,800.00                   211,800.00
ORLAND PARK                              358                    358                        340,000.00                   339,462.63
ELGIN                                    358                    358                        200,000.00                   199,769.00
BELLWOOD                                 358                    358                        186,300.00                   186,299.99
JOLIET                                   358                    358                         93,500.00                    93,396.38
STERLING HEIGHT                          358                    358                        262,000.00                   261,749.29
IXONIA                                   358                    478                        208,800.00                   208,672.85
BERWYN                                   358                    358                        150,000.00                   149,870.92
WHEATON                                  358                    478                        700,000.00                   699,676.76
SAUK VILLAGE                             358                    358                        112,000.00                   111,900.27
GRAND RAPIDS                             358                    358                        113,900.00                   113,798.58
CHICAGO                                  358                    358                        305,000.00                   304,651.38
CHICAGO                                  358                    358                        272,000.00                   271,570.09
CHICAGO HEIGHTS                          358                    358                        112,400.00                   112,293.57
DETROIT                                  358                    358                         98,000.00                    97,908.15
HAZEL PARK                               358                    358                        123,250.00                   123,146.18
ROCKFORD                                 358                    358                         71,315.00                    71,254.92
HOLIDAY                                  358                    358                        126,000.00                   125,840.70
WESTCHESTER                              358                    358                        253,000.00                   253,000.00
MACHESNEY PARK                           358                    358                         88,650.00                    88,564.26
CUMMING                                  357                    477                        457,000.00                   456,670.39
BRADENTON                                358                    358                        128,000.00                   127,793.63
GLENN DALE                               358                    358                        340,000.00                   339,999.99
CHARLOTTE                                356                    356                        180,735.00                   180,375.15
COLLEGE PARK                             357                    357                         80,000.00                    79,867.62
MONTGOMERY                               358                    478                        342,000.00                   341,832.51
BANGOR                                   358                    350                        167,000.00                   165,966.10
ROCHESTER HILLS                          358                    358                        355,000.00                   355,000.00
FOX LAKE                                 358                    358                        153,000.00                   152,813.96
ULEN                                     358                    358                         95,000.00                    94,849.85
STONE MOUNTAIN                           357                    357                        235,000.00                   234,574.24
ROCKMART                                 357                    357                        114,000.00                   113,691.00
ROCKMART                                 177                    357                         28,500.00                    28,470.85
SALEM                                    358                    358                         61,900.00                    61,842.00
PROVIDENCE                               358                    478                        138,000.00                   137,940.64
REDDICK                                  358                    358                         90,400.00                    90,291.19
CHICAGO HEIGHTS                          358                    358                        255,000.00                   255,000.00
HUDSON                                   358                    358                         99,640.00                    99,549.57
KENDUSKEAG                               358                    358                        100,800.00                   100,645.35
SKOWHEGAN                                358                    358                        143,800.00                   143,640.67
STAFFORD                                 358                    358                        337,500.00                   337,500.00
AGAWAM                                   358                    358                        278,400.00                   277,828.21
NEW LENOX                                358                    358                        254,400.00                   254,053.98
UPPER MARLBORO                           358                    358                        336,800.00                   336,797.57
BRIDGEVIEW                               358                    358                        109,000.00                   108,894.58
WASHINGTON                               358                    358                        260,000.00                   259,696.60
MAPLEWOOD                                178                    358                         88,000.00                    87,938.97
BROOKLINE                                238                    238                        186,000.00                   185,239.41
3EST WARWICK                             178                    358                         33,735.00                    33,712.84
WESTBROOK                                358                    358                        175,000.00                   174,655.51
RALEIGH                                  358                    358                        196,850.00                   196,578.99
BROOKLYN                                 358                    358                        630,000.00                   630,000.00
ATLANTA                                  176                    356                         31,200.00                    31,159.44
ELK RIVER                                358                    358                        220,000.00                   219,756.22
CARMEL                                   358                    358                         73,000.00                    72,930.86
DISTRICT HEIGHT                          358                    358                        292,500.00                   292,469.58
EVANSVILLE                               358                    358                         58,600.00                    58,550.63
BROOKLYN                                 358                    358                        450,000.00                   449,215.30
ZEBULON                                  358                    358                        182,000.00                   181,820.23
NORTH ADAMS                              358                    358                        127,500.00                   127,500.00
JONESBORO                                357                    357                        131,000.00                   130,798.91
HAMPSTEAD                                358                    358                        175,000.00                   174,868.77
MOREHEAD CITY                            358                    358                        570,000.00                   570,000.00
LITTLETON                                358                    358                        490,000.00                   489,111.66
WILMINGTON                               358                    358                        148,750.00                   148,570.97
COLUMBIA                                 358                    475                        123,250.00                   123,088.93
WARREN                                   358                    358                        113,000.00                   112,899.38
LOCKPORT                                 358                    358                        125,000.00                   124,882.88
FLORHAM PARK                             358                    358                        749,999.00                   749,998.99
BURNHAM                                  177                    357                         34,500.00                    34,454.76
BALTIMORE                                358                    358                        295,000.00                   294,479.75
GREENSBORO                               358                    358                        419,900.00                   419,900.00
SAINT ALBANS                             358                    358                        448,000.00                   448,000.00
IRVINGTON                                358                    358                        165,000.00                   164,856.80
BREWER                                   358                    358                        185,000.00                   184,788.54
CHICAGO                                  358                    358                        361,000.00                   360,423.77
SANFORD                                  358                    358                        145,750.00                   145,508.00
DORCHESTER                               357                    357                         48,750.00                    48,696.21
GAINESVILLE                              176                    354                         32,980.00                    32,904.24
SILVER SPRING                            358                    358                        325,600.00                   325,120.01
ROCKFORD                                 358                    358                        100,000.00                    99,919.29
HERMON                                   358                    358                         99,600.00                    99,451.40
TWO HARBORS                              178                    358                         16,500.00                    16,483.70
BALTIMORE                                358                    358                        102,000.00                   101,849.63
WEST STEWARTSTO                          357                    357                         55,350.00                    55,255.75
LOWELL                                   177                    357                         52,800.00                    52,734.47
MIDLOTHIAN                               357                    477                        196,500.00                   196,369.30
PRINCESS ANNE                            357                    357                        135,000.00                   134,659.44
CHICOPEE                                 177                    357                         22,500.00                    22,478.22
LOWELL                                   357                    477                        119,920.00                   119,810.09
LOWELL                                   177                    357                         29,980.00                    29,950.98
SOUTH OZONE PAR                          357                    357                        560,000.00                   558,521.54
HIGH POINT                               357                    357                        104,500.00                   104,332.75
ROSEVILLE                                358                    358                        135,000.00                   134,827.24
BALTIMORE                                358                    358                        239,200.00                   238,847.39
COUNTRY CLUB HI                          357                    357                        305,000.00                   304,380.69
SPRINGFIELD                              357                    357                        167,200.00                   167,200.00
SPRINGFIELD                              177                    357                         41,800.00                    41,757.26
ATHENS                                   357                    357                         69,900.00                    69,821.18
GASTONIA                                 177                    177                         10,000.00                     9,934.93
ESSEX JUNCTION                           358                    358                        130,000.00                   129,786.24
SAINT ALBANS                             358                    358                        340,000.00                   339,365.44
DIXFIELD                                 357                    357                         82,850.00                    82,698.34
CORONA                                   358                    478                        570,000.00                   569,563.19
BALTIMORE                                357                    357                         90,750.00                    90,548.87
BAY SHORE                                358                    478                        135,000.00                   134,912.95
NORTH EAST                               357                    357                        170,000.00                   169,744.46
EVERETT                                  178                    358                         41,985.00                    41,958.03
EDEN                                     357                    357                         78,300.00                    78,098.19
CHARLOTTE                                358                    358                        134,240.00                   134,091.64
CRYSTAL LAKE                             358                    358                        174,400.00                   174,192.25
BALTIMORE                                357                    477                        119,000.00                   118,925.39
COVENTRY                                 357                    357                        242,250.00                   241,656.66
FRANKLINVILLE                            358                    478                        151,500.00                   151,424.71
STEUBEN                                  178                    178                        113,600.00                   112,880.47
NEWARK                                   357                    477                        184,000.00                   183,794.30
CORINNA                                  358                    358                         93,600.00                    93,454.96
ATLANTA                                  176                    356                         15,000.00                    14,981.56
LEXINGTON                                358                    478                        125,100.00                   125,027.88
HIBBING                                  357                    357                         67,840.00                    67,740.89
SCHAUMBURG                               177                    357                         37,000.00                    36,958.30
UPPER MARLBORO                           357                    477                        269,250.00                   268,836.81
LIVERMORE FALLS                          357                    357                         75,000.00                    74,808.94
DETROIT                                  358                    358                         60,000.00                    59,942.57
BALTIMORE                                358                    358                         68,000.00                    67,937.62
METROPOLIS                               358                    358                         50,000.00                    49,959.64
JAMAICA                                  358                    358                        378,000.00                   377,340.84
SOMERSWORTH                              358                    358                        270,000.00                   269,597.99
BURLINGTON                               358                    358                        142,500.00                   142,499.81
RANDALLSTOWN                             357                    357                        224,000.00                   223,999.99
ROSELLE                                  358                    358                        348,000.00                   347,626.25
CLINTON                                  358                    478                         70,400.00                    70,356.50
CLINTON                                  178                    358                         17,600.00                    17,588.04
RICHMOND                                 357                    357                         82,500.00                    82,370.60
WINSTON SALEM                            358                    358                         55,000.00                    54,933.11
STRASBURG                                358                    358                        198,000.00                   197,751.70
BEMIDJI                                  178                    178                         62,000.00                    61,607.30
DEKALB                                   358                    358                        205,000.00                   204,729.51
EVANSVILLE                               358                    358                         75,000.00                    74,892.70
GLEN BURNIE                              358                    358                        145,000.00                   144,747.14
SPRINGFIELD                              358                    358                        215,000.00                   214,792.07
UNIVERSITY PARK                          358                    358                        179,900.00                   179,738.45
LINWOOD                                  178                    178                         99,000.00                    98,455.64
PATERSON                                 358                    478                        400,000.00                   399,825.90
BRISTOL                                  358                    358                        258,400.00                   257,964.57
CHICAGO                                  357                    357                        292,000.00                   291,325.99
CHICAGO                                  357                    357                        149,900.00                   149,631.18
INVER GROVE HEI                          357                    477                        216,000.00                   215,741.04
KNAPP                                    357                    357                        108,000.00                   107,813.39
ALEXANDRIA                               178                    358                         17,850.00                    17,834.91
AMERY                                    357                    357                        150,000.00                   149,747.61
CHICAGO                                  178                    358                         17,500.00                    17,488.74
NORTH SAINT PAU                          357                    357                        172,000.00                   171,586.95
OXFORD                                   356                    356                         14,120.00                    14,101.69
RALEIGH                                  357                    357                        111,150.00                   110,942.33
LEVERING                                 358                    358                        127,800.00                   127,683.75
AURORA                                   358                    478                        162,000.00                   161,904.15
PORTLAND                                 357                    357                        236,000.00                   235,438.79
MUNDELEIN                                358                    478                        207,400.00                   207,280.42
PORTLAND                                 357                    357                         59,000.00                    58,942.87
ROLLING MEADOWS                          357                    357                        140,000.00                   139,822.34
GLENBURN                                 357                    357                        156,000.00                   155,657.40
DETROIT                                  358                    358                        102,000.00                   101,891.59
BENTON                                   177                    177                        175,000.00                   173,261.04
BURLINGTON                               357                    477                        132,500.00                   132,410.57
SWANTON                                  357                    357                        154,640.00                   154,284.32
DETROIT                                  358                    358                        117,000.00                   116,892.67
CHICAGO                                  357                    357                        240,800.00                   240,286.81
CHARLESTOWN                              357                    477                        280,000.00                   279,573.57
BALTIMORE                                357                    477                        108,000.00                   107,890.64
EAST GREENWICH                           357                    357                        864,920.00                   862,538.64
CARMEL                                   357                    357                        245,600.00                   245,600.00
PATERSON                                 357                    357                        345,600.00                   345,063.97
WINSTON SALEM                            356                    356                        140,000.00                   139,738.76
PETERBOROUGH                             357                    357                        264,000.00                   263,287.04
JONESPORT                                357                    357                         73,900.00                    73,780.48
PORTLAND                                 357                    357                        549,000.00                   547,732.77
ELGIN                                    177                    357                         20,000.00                    19,977.20
WOODBRIDGE                               357                    477                        318,000.00                   317,772.32
HYATTSVILLE                              357                    357                        364,000.00                   364,000.00
BLOOMINGTON                              358                    358                         89,500.00                    89,387.77
ROCKFORD                                 357                    357                        118,000.00                   117,785.06
BALTIMORE                                357                    477                        186,300.00                   186,170.47
HAMMOND                                  358                    358                        108,000.00                   107,863.19
HOLBROOK                                 358                    358                        204,000.00                   203,842.32
PATERSON                                 177                    357                         43,200.00                    43,160.40
SHAPLEIGH                                358                    358                        140,000.00                   139,751.06
WATERVILLE                               357                    357                        161,500.00                   161,159.25
FALL RIVER                               357                    357                        248,000.00                   247,349.51
ALBANY                                   358                    358                        177,000.00                   177,000.00
MOUNT HOLLY                              177                    357                         28,725.00                    28,695.62
MERRIMACK                                177                    357                         14,775.00                    14,760.68
BALTIMORE                                357                    357                        187,000.00                   186,628.65
LANDOVER                                 177                    357                         31,500.00                    31,469.49
MANCHESTER                               357                    477                        375,000.00                   374,560.54
CHICAGO                                  357                    357                        422,000.00                   421,100.69
BARRE                                    358                    478                        156,000.00                   155,947.35
CHICAGO                                  358                    358                        248,000.00                   247,619.52
NASHUA                                   357                    357                        264,000.00                   263,284.33
CENTRAL ISLIP                            357                    357                        360,000.00                   359,107.79
AURORA                                   357                    357                        152,000.00                   151,645.64
BREWER                                   357                    357                        214,200.00                   214,200.00
CUMBERLAND FORE                          357                    357                        219,000.00                   218,976.99
SALISBURY                                357                    357                         78,600.00                    78,405.58
PETERBOROUGH                             177                    357                         66,000.00                    65,932.50
GLEN ALLEN                               357                    357                        238,450.00                   237,976.47
REHOBOTH                                 357                    357                        294,750.00                   294,056.00
POOLESVILLE                              357                    357                        607,000.00                   605,612.73
CHICAGO                                  358                    358                        216,000.00                   215,838.38
NORTH PROVIDENC                          358                    358                        200,600.00                   200,270.18
CHARLOTTE                                357                    477                        164,580.00                   164,485.67
DAVENPORT                                357                    357                         68,000.00                    67,906.04
SHELTON                                  357                    477                        247,500.00                   247,351.62
DES MOINES                               178                    178                        124,000.00                   123,248.66
CARL JUNCTION                            358                    358                        200,000.00                   199,802.46
MARSHFIELD                               358                    358                         78,000.00                    77,897.38
BOELUS                                   358                    358                        106,200.00                   106,077.35
GUTHRIE CENTER                           358                    358                         56,000.00                    55,939.85
OLATHE                                   178                    358                         75,000.00                    74,901.03
LUFKIN                                   358                    358                         75,335.00                    75,237.59
MANSFIELD                                358                    358                         86,450.00                    86,338.22
BRANDON                                  358                    358                        178,500.00                   178,228.87
BLACK CANYON CI                          358                    358                        137,500.00                   137,500.00
CARLSBAD                                 358                    358                         50,000.00                    49,957.86
MISSION VIEJO                            358                    358                        792,000.00                   790,816.15
APLINGTON                                358                    358                        117,900.00                   117,762.42
ELDON                                    358                    358                         58,500.00                    58,428.13
NEWTON                                   358                    358                         62,390.00                    62,298.03
LINDEN                                   358                    358                         99,000.00                    98,872.00
OKEECHOBEE                               358                    358                        178,400.00                   178,208.39
BOONE                                    358                    358                         65,600.00                    65,521.84
LA PORTE                                 358                    358                         77,850.00                    77,748.32
WICHITA                                  358                    358                         68,375.00                    68,293.55
NEWTON                                   358                    358                        175,500.00                   175,337.30
PERRY                                    358                    358                         77,900.00                    77,811.86
GRANGER                                  358                    358                        218,000.00                   217,675.41
FRANKFORT                                358                    358                        119,000.00                   118,850.78
HARTLEY                                  358                    358                         80,750.00                    80,658.65
WALLLA WALLA                             358                    358                        136,000.00                   136,000.00
SHALIMAR                                 358                    358                         92,000.00                    91,883.44
CONWAY SPRINGS                           358                    358                         92,000.00                    91,913.79
SACRAMENTO                               358                    358                        165,750.00                   165,750.00
LATHROP                                  358                    355                        210,000.00                   209,181.08
CHARLESTON                               358                    358                        153,600.00                   153,371.29
DIXON IL 61021                           358                    358                         76,400.00                    76,283.08
COVINGTON                                358                    358                         65,000.00                    64,921.78
EVERETT                                  358                    358                        124,100.00                   124,100.00
LAS VEGAS                                358                    358                        529,938.40                   529,938.40
AURORA                                   358                    358                         90,000.00                    89,911.11
FRANKLIN                                 358                    358                        119,000.00                   118,859.70
INDEPENDENCE                             358                    358                         89,250.00                    89,176.41
INDEPENDENCE                             358                    358                        119,200.00                   119,053.56
PHOENIX                                  358                    358                        146,400.00                   146,400.00
MEMPHIS                                  178                    178                         54,400.00                    54,083.13
ATKINS                                   358                    478                        246,600.00                   246,466.22
WINLOCK                                  358                    478                        163,000.00                   162,883.89
BRYANT                                   358                    358                        112,000.00                   112,000.00
INVERNESS                                358                    358                        184,000.00                   183,776.25
LAS VEGAS                                178                    358                         93,518.54                    93,457.15
MEMPHIS                                  358                    358                         59,600.00                    59,523.72
NORTH LAS VEGAS                          358                    478                        261,250.00                   261,122.99
SHREVEPORT                               358                    358                        133,200.00                   133,061.35
SIOUX CITY                               358                    358                        148,000.00                   147,777.41
VANCOUVER                                358                    358                        180,800.00                   180,517.05
ALBUQUERQUE                              358                    358                        152,000.00                   151,863.50
INDIANOLA                                358                    358                        151,800.00                   151,564.79
PORTLAND                                 358                    358                        114,750.00                   114,617.48
NORTH LAS VEGAS                          178                    358                         13,750.00                    13,740.46
RAPIDS CITY                              358                    358                         68,400.00                    68,316.77
MIAMI                                    358                    358                        559,920.00                   559,920.00
EXETER                                   358                    358                         60,500.00                    60,438.34
WICHITA                                  358                    358                         57,000.00                    56,924.79
VANCOUVER                                178                    358                         45,200.00                    45,168.64
BARTLESVILLE                             358                    358                        254,000.00                   253,684.76
WORTH                                    358                    358                         83,000.00                    82,853.83
MESA                                     358                    358                        236,000.00                   235,675.73
NORFOLK                                  358                    358                         80,000.00                    79,885.56
WEST DES MOINES                          358                    358                        454,000.00                   453,363.50
BETTENDORF                               358                    358                        223,650.00                   223,351.90
HEWITT                                   358                    478                        149,000.00                   148,942.43
FORT SMITH                               358                    358                         72,900.00                    72,819.22
WICHITA                                  358                    358                         60,300.00                    60,205.62
ENUMCLAW                                 358                    358                        395,000.00                   394,394.00
CRAWFORDSVILLE                           358                    358                         95,200.00                    95,093.40
EVERETT                                  358                    358                        381,000.00                   381,000.00
EVERETT                                  358                    358                        264,000.00                   263,714.99
LINDSBORG                                358                    358                         78,000.00                    77,924.78
TACOMA                                   358                    358                        143,600.00                   143,396.64
PUYALLUP                                 358                    358                        301,500.00                   301,158.93
BATTLE GROUND                            358                    358                        418,500.00                   418,040.13
WATAUGA                                  358                    358                        124,000.00                   123,887.46
DAVENPORT                                358                    358                        185,000.00                   185,000.00
LAKE STEVENS                             358                    358                        232,500.00                   232,288.99
PLAINFIELD                               357                    357                        131,920.00                   131,638.30
PLAINFIELD                               177                    357                         32,980.00                    32,947.99
BROOKLYN PARK                            357                    357                        218,400.00                   217,858.72
BROOKLYN PARK                            177                    357                         54,600.00                    54,531.94
OAKLAND CITY                             357                    357                         85,000.00                    84,859.36
BRITTON                                  358                    358                        264,000.00                   263,830.45
MACHESNEY PARK                           357                    477                        157,755.00                   157,664.02
DETROIT                                  177                    356                         10,000.00                     9,985.27
ELGIN                                    357                    357                        239,700.00                   239,101.26
BENSENVILLE                              357                    357                        349,000.00                   349,000.00
MIDLAND                                  357                    357                        426,000.00                   425,373.02
CRYSTAL                                  357                    357                        199,520.00                   199,025.50
THIEF RIVER FAL                          357                    357                         64,000.00                    63,899.67
SAUK VILLAGE                             357                    357                         78,500.00                    78,409.55
DETROIT                                  177                    356                         10,000.00                     9,985.27
EVELETH                                  357                    477                         63,600.00                    63,568.15
GLENDALE HEIGHT                          177                    357                         19,580.00                    19,561.04
GREENWOOD                                357                    357                        280,000.00                   279,624.47
BURNSVILLE                               357                    477                        226,400.00                   226,131.87
ROCKFORD                                 177                    351                         18,300.00                    18,244.19
GILBERTSVILLE                            357                    357                         84,000.00                    83,893.59
KOKOMO                                   357                    357                         67,000.00                    66,908.20
HUTCHINSON                               357                    357                        192,950.00                   192,462.33
ZIMMERMAN                                357                    477                        227,050.00                   226,850.71
CAMBRIA                                  357                    357                        113,900.00                   113,612.69
MAPLE GROVE                              177                    357                         27,015.00                    26,981.30
STREAMWOOD                               357                    357                        193,000.00                   192,706.84
CHICAGO                                  357                    357                        300,000.00                   299,489.66
MATTESON                                 357                    477                        176,000.00                   175,811.38
MINNEAPOLIS                              177                    357                         27,000.00                    26,966.34
MATTESON                                 177                    357                         33,000.00                    32,968.05
SPRING LAKE                              357                    357                        101,060.00                   100,887.32
OTTAWA                                   358                    358                        112,000.00                   111,844.55
SAINT PAUL                               177                    357                         37,500.00                    37,453.24
CHICAGO                                  357                    357                        116,000.00                   115,738.16
CRETE                                    357                    357                        277,400.00                   277,400.00
POPLAR GROVE                             357                    357                        133,600.00                   133,303.23
BOONVILLE                                357                    357                         74,000.00                    73,897.76
HAZEL CREST                              357                    357                        255,000.00                   254,578.07
DAWSON                                   357                    357                         79,800.00                    79,644.13
UNIVERSITY PARK                          177                    357                         40,000.00                    39,959.09
JORDAN                                   177                    357                         50,000.00                    49,937.68
MAYWOOD                                  357                    357                        240,000.00                   239,685.50
ROCKFORD                                 357                    357                         51,000.00                    50,929.54
LITTLE CANADA                            177                    357                         17,175.00                    17,153.59
DAVIS JUNCTION                           357                    357                         93,000.00                    92,853.48
BUFFALO                                  177                    357                         33,300.00                    33,258.48
BOLINGBROOK                              177                    357                         29,850.00                    29,819.45
CHICAGO                                  357                    357                        298,400.00                   297,661.24
TAYLOR                                   357                    357                        139,947.00                   139,727.67
ATWATER                                  357                    357                         94,000.00                    93,820.34
SOUTH PARIS                              357                    357                        125,000.00                   124,609.45
NEW RICHMOND                             357                    477                        107,950.00                   107,843.75
CHICAGO                                  357                    357                        337,000.00                   336,548.05
NEW RICHMOND                             177                    357                         19,050.00                    19,030.50
AUBURN HILLS                             357                    477                        180,000.00                   179,900.22
SAUK VILLAGE                             358                    358                        120,000.00                   119,876.38
BEAVER DAM                               357                    357                         85,500.00                    85,500.00
LA SALLE                                 357                    357                         82,900.00                    82,783.02
DAVISON                                  357                    357                         76,000.00                    75,874.50
OXFORD                                   356                    356                         56,480.00                    56,479.99
MINNETONKA                               357                    357                        260,695.00                   260,048.92
NEWBURGH                                 357                    357                         79,500.00                    79,365.98
CHICAGO                                  357                    357                        590,000.00                   589,023.88
JOLIET                                   357                    357                        199,500.00                   199,131.09
CONCORDIA                                357                    357                        100,000.00                    99,857.38
SPRINGFIELD                              357                    357                         59,200.00                    59,111.01
MARQUETTE HEIGH                          358                    358                         55,000.00                    54,951.65
FRANKFORT                                357                    357                         56,000.00                    55,928.93
NASHVILLE                                358                    358                         69,300.00                    69,219.95
MOUNT PROSPECT                           357                    477                        292,000.00                   291,700.07
GRAND PRAIRIE                            358                    358                        243,073.00                   243,072.05
SHERMAN                                  237                    230                         54,450.00                    53,218.09
ELDORA                                   237                    237                         73,000.00                    72,656.91
MIDLOTHIAN                               358                    358                         83,700.00                    83,587.29
LIBERAL                                  178                    178                         65,000.00                    64,692.17
HOUSTON                                  357                    357                         63,000.00                    62,828.19
CEDAR RAPIDS                             358                    358                         67,500.00                    67,425.20
ABILENE                                  357                    357                         50,000.00                    49,908.48
KANSAS CITY                              358                    358                        103,500.00                   103,391.12
TACOMA                                   358                    358                        106,000.00                   105,825.70
OSCEOLA                                  357                    357                        113,700.00                   113,504.33
GENESEO                                  358                    358                         82,000.00                    81,904.31
SEAGOVILLE                               358                    355                         50,000.00                    49,835.95
SEATTLE                                  357                    357                        503,200.00                   501,924.46
OLYMPIA                                  177                    357                         32,250.00                    32,217.00
NEW ORLEANS                              358                    358                        151,000.00                   150,862.96
TACOMA                                   357                    357                        175,000.00                   175,000.00
ARLINGTON                                357                    357                        214,000.00                   213,422.07
DALLAS                                   357                    357                         92,070.00                    91,945.44
MONROE                                   357                    355                        152,000.00                   151,356.26
CEDAR FALLS                              357                    357                        106,400.00                   106,211.14
SHERMAN                                  358                    358                         49,500.00                    49,440.25
COMBINE                                  358                    358                        280,000.00                   279,468.55
HOUSTON                                  358                    358                         91,200.00                    91,042.50
MERIAM                                   357                    357                        146,200.00                   145,848.90
BLUE RIDGE                               357                    357                        282,880.00                   282,880.00
KANSAS CITY                              357                    357                        104,900.00                   104,747.23
SPRINGFIELD                              357                    357                         72,900.00                    72,803.97
HAMILTON                                 357                    357                         59,670.00                    59,590.98
CONROE                                   358                    358                         55,000.00                    54,900.29
KENNEWICK                                357                    357                        112,000.00                   111,828.08
KNOXVILLE                                358                    358                        147,250.00                   147,055.70
HUMBLE                                   357                    357                        221,045.00                   220,748.54
WELLINGTON                               358                    358                         79,500.00                    79,405.78
BUTLER                                   358                    358                        113,920.00                   113,748.67
SPRINGFIELD                              358                    358                         89,250.00                    89,170.69
PANAMA CITY BEA                          358                    358                        405,000.00                   404,628.52
SARITA                                   358                    358                         84,600.00                    84,516.43
POTTSBORO                                357                    477                        156,000.00                   155,915.78
MASON CITY                               358                    358                        183,600.00                   183,381.06
NICKERSON                                358                    358                        108,000.00                   107,832.65
GRANDVIEW                                358                    358                         85,000.00                    84,917.79
MIRAMAR                                  358                    358                        291,500.00                   291,500.00
CLEARWATER                               358                    358                        157,500.00                   157,336.05
LEAVENWORTH                              358                    358                         82,500.00                    82,402.73
INDEPENDENCE                             358                    358                         90,000.00                    89,915.68
BLOOMINGTON                              358                    358                        188,000.00                   187,741.69
INDEPENDENCE                             358                    358                        147,500.00                   147,336.56
WATERLOO                                 358                    358                         95,000.00                    94,872.08
SANTA ROSA BEAC                          358                    358                        256,000.00                   255,648.25
LARGO                                    358                    358                        127,500.00                   127,379.27
SEARCY                                   358                    358                         96,000.00                    95,923.37
BEAVERTON                                358                    358                        196,000.00                   196,000.00
GRINNELL                                 358                    358                         70,000.00                    69,935.09
SEAGOVILLE                               358                    358                         85,000.00                    84,926.85
BOONVILLE                                358                    358                         56,700.00                    56,638.45
SPRINGDALE                               358                    358                        123,900.00                   123,728.02
MIDDLETON                                178                    178                         50,000.00                    49,687.67
SAN ANTONIO                              358                    358                         69,000.00                    68,904.22
EDMOND                                   358                    358                        431,885.00                   431,254.67
DALLAS                                   358                    358                        122,000.00                   121,859.09
PEARCY                                   358                    358                        138,300.00                   138,163.40
FORT WORTH                               358                    478                        174,490.00                   174,425.55
CEDAR HILL                               358                    358                        101,120.00                   100,952.08
HOUSTON                                  358                    358                        138,629.00                   138,453.03
MEMPHIS                                  358                    358                         92,000.00                    91,876.11
TYLER                                    358                    358                        124,500.00                   124,370.40
BENTON                                   358                    358                        197,000.00                   196,757.99
NORTH LITTLE RO                          358                    358                         50,000.00                    49,955.48
WYLIE                                    358                    358                        162,260.00                   162,260.00
HOUSTON                                  358                    358                        169,636.00                   169,395.76
LITTLETON                                358                    358                        395,000.00                   394,350.45
DENTON                                   358                    358                        123,000.00                   122,869.28
ATHENS                                   358                    358                         74,200.00                    74,120.58
GRAND PRAIRIE                            358                    358                        114,292.00                   114,109.56
ARLINGTON                                358                    356                         72,000.00                    71,807.16
GRAND PRAIRIE                            358                    358                        116,547.00                   116,378.60
CHILDRESS                                358                    358                        120,000.00                   119,861.16
CARROLLTON                               358                    358                        254,000.00                   253,703.61
ARLINGTON                                358                    358                        160,550.00                   160,356.77
PROVIDENCE VILL                          358                    358                        131,073.00                   131,073.00
PROVIDENCE VILL                          178                    358                         32,769.00                    32,733.06
SEVIERVILLE                              358                    358                        131,310.00                   131,114.49
FRESNO                                   358                    358                         56,000.00                    55,949.70
DESOTO                                   357                    357                        116,000.00                   115,836.32
SOUTH HAVEN                              358                    358                        112,000.00                   111,853.58
BURRTON                                  356                    356                         97,000.00                    96,808.88
SAN JACINTO                              358                    358                        345,000.00                   344,506.48
PERU                                     356                    356                         86,500.00                    86,346.64
ATLANTA                                  356                    356                        129,000.00                   128,711.98
GAINESVILLE                              357                    477                         69,000.00                    68,962.20
ALBUQUERQUE                              356                    356                        116,000.00                   115,631.09
CITY NAME                                357                    357                        117,580.00                   117,414.07
SOLDIER                                  357                    357                         60,000.00                    59,885.57
DODGE CITY                               357                    357                         84,900.00                    84,773.71
BRANSON                                  356                    356                        369,000.00                   368,331.78
ALLEN                                    358                    358                        188,973.00                   188,973.00
ALTO PASS                                357                    357                         69,000.00                    68,906.67
ARLINGTON                                357                    357                        117,000.00                   116,834.88
FORT WORTH                               357                    357                         50,400.00                    50,333.60
SIKESTON                                 358                    358                         63,000.00                    62,936.45
CONVERSE                                 357                    357                         75,000.00                    74,897.46
THE DALLES                               358                    358                        130,000.00                   130,000.00
HUMBLE                                   177                    177                         93,600.00                    92,632.25
KELSO                                    357                    357                        105,000.00                   104,729.88
BATESVILLE                               357                    357                         51,000.00                    50,933.28
GUN BARREL CITY                          357                    357                         59,625.00                    59,516.98
ERIE                                     357                    357                        180,500.00                   180,222.95
WATERLOO                                 357                    357                        105,000.00                   104,803.85
VILLAGE MILLS                            357                    357                        184,000.00                   183,723.42
IOWA CITY                                357                    357                        103,800.00                   103,574.31
SHREWSBURY                               357                    357                        145,000.00                   144,681.56
GILMER                                   357                    357                         87,000.00                    86,881.57
LITTLE ROCK                              357                    357                         51,300.00                    51,194.97
COLLEGE STATION                          357                    357                        106,250.00                   105,979.33
TRENTON                                  357                    357                         55,000.00                    54,928.69
DIBOLL                                   356                    356                         70,000.00                    69,888.44
OMAHA                                    357                    357                        297,500.00                   296,742.18
PERRYVILLE                               357                    357                         88,000.00                    87,893.00
COVINGTON                                357                    357                         56,000.00                    55,924.24
CARSON                                   357                    357                        130,000.00                   129,762.05
GRANDVIEW                                358                    358                        112,000.00                   111,889.14
LEBANON                                  357                    477                         54,000.00                    53,963.52
DALLAS                                   357                    357                        184,000.00                   183,485.98
OLYMPIA                                  357                    357                        182,750.00                   182,750.00
ALFORD                                   358                    358                         50,000.00                    49,932.53
BARTLESVILLE                             357                    357                         65,500.00                    65,405.59
OSAWATOMIE                               176                    356                         95,000.00                    94,745.01
FRANKFORT                                357                    357                         78,750.00                    78,644.03
PROSSER                                  177                    356                         19,500.00                    19,458.78
MINGO                                    357                    357                         50,000.00                    49,929.44
THE WOODLANDS                            178                    178                         70,000.00                    69,512.25
WICHITA                                  357                    357                         62,000.00                    61,914.33
WINFIELD                                 358                    358                         69,000.00                    68,932.57
MEMPHIS                                  358                    358                         70,000.00                    69,937.14
KANSAS CITY                              358                    358                        128,000.00                   127,900.00
FORT WORTH                               357                    357                        111,900.00                   111,748.62
N. RICHLAND HIL                          358                    358                        144,000.00                   143,871.79
FORT LAUDERDALE                          357                    357                        174,250.00                   173,947.03
HOUSTON                                  357                    357                         75,000.00                    74,841.75
GAINESVILLE                              358                    358                         96,000.00                    95,856.43
FORT LAUDERDALE                          177                    357                         30,750.00                    30,716.43
FRANKFORT                                357                    357                         87,000.00                    86,871.96
OSAWATOMIE                               177                    357                        120,000.00                   119,746.35
ROWLETT                                  357                    357                        138,400.00                   138,200.55
LACY LAKEVIEW                            357                    477                        105,000.00                   104,948.99
KANSAS CITY                              358                    358                         80,250.00                    80,137.60
SAN ANTONIO                              358                    358                        156,000.00                   155,760.67
SALEM                                    358                    358                        182,700.00                   182,700.00
WASHINGTON                               357                    357                         51,500.00                    51,430.34
FT LAUDERDALE                            358                    358                        107,000.00                   106,834.19
WICHITA                                  357                    357                         95,000.00                    94,839.85
GLENN HEIGHTS                            178                    358                         22,000.00                    21,975.87
CADDO MILLS                              178                    358                         14,547.00                    14,531.04
OKLAHOMA CITY                            358                    358                         98,600.00                    98,600.00
OKLAHOMA CITY                            178                    358                         17,400.00                    17,385.80
ALVARADO                                 358                    358                         75,000.00                    74,908.61
ROSENBERG                                358                    358                         88,500.00                    88,380.59
CORDOVA                                  358                    358                        139,400.00                   139,211.92
BOSSIER CITY                             358                    358                         74,000.00                    73,934.24
FATE                                     358                    358                        123,500.00                   123,364.27
MEMPHIS                                  357                    357                        102,500.00                   102,298.50
DALLAS                                   358                    358                        475,200.00                   474,621.02
LAMAR                                    358                    358                        211,950.00                   211,681.51
EULESS                                   358                    358                         85,000.00                    84,899.78
FORT WORTH                               358                    358                         80,000.00                    79,914.07
CECILIA                                  358                    358                         50,500.00                    50,455.02
CROWLEY                                  358                    358                        116,000.00                   115,842.22
LAS VEGAS                                358                    358                        264,000.00                   263,618.55
CROWLEY                                  178                    358                         29,000.00                    28,968.18
BATON ROUGE                              358                    358                         73,000.00                    72,939.82
EL PASO                                  358                    358                         76,000.00                    75,909.47
KATY                                     358                    358                         97,200.00                    97,030.13
LAKE WORTH                               358                    358                         58,800.00                    58,746.06
GARLAND                                  358                    358                        112,500.00                   112,407.24
ANTIOCH                                  358                    358                        118,400.00                   118,201.24
ANTIOCH                                  178                    358                         29,600.00                    29,565.35
GARLAND                                  178                    177                         76,000.00                    75,419.79
ALLEN                                    358                    358                        274,509.00                   274,057.65
ALLEN                                    178                    358                         68,628.00                    68,552.74
HARRAH                                   358                    358                        156,000.00                   155,790.10
EL PASO COUNTY                           358                    358                        128,360.00                   128,211.76
TULSA                                    358                    358                         69,000.00                    68,928.93
DALLAS                                   358                    358                         79,000.00                    78,924.40
FATE                                     178                    358                         33,980.00                    33,942.72
DALLAS                                   358                    358                         81,520.00                    81,056.67
LEWISVILLE                               358                    358                        168,000.00                   164,186.09
FORT WORTH                               178                    178                        153,600.00                   152,585.19
SAN ANTONIO                              358                    358                        153,000.00                   152,821.46
EL PASO                                  358                    358                         81,694.00                    81,620.64
MCKINNEY                                 358                    358                        149,640.00                   149,423.79
DENVER                                   358                    358                        665,000.00                   665,000.00
TUPELO                                   358                    358                         96,900.00                    96,778.48
AZLE                                     358                    358                        127,200.00                   126,993.67
ROCKWALL                                 358                    478                        190,400.00                   190,317.13
KATY                                     358                    478                        140,400.00                   140,306.83
FORT WORTH                               358                    358                        166,651.00                   166,443.74
RICHMOND                                 358                    358                        187,675.00                   187,411.89
MEMPHIS                                  358                    358                         80,750.00                    80,657.70
DERBY                                    358                    358                         60,000.00                    59,942.57
CABOT                                    358                    358                         77,000.00                    76,926.30
HOUMA                                    358                    357                        159,000.00                   158,724.56
SINTON                                   358                    358                        156,500.00                   156,288.93
EL PASO                                  358                    358                        108,760.00                   108,580.82
FORT WORTH                               357                    357                         98,000.00                    97,841.51
MEMPHIS                                  358                    478                         88,000.00                    87,940.76
WOODLAWN                                 358                    358                        103,500.00                   103,348.94
WOODLAWN                                 178                    358                         11,500.00                    11,486.87
BROKEN ARROW                             178                    358                         27,000.00                    26,978.89
WICHITA FALLS                            177                    357                         13,485.00                    13,462.72
HUTTO                                    178                    355                         17,093.00                    17,041.54
BOLIVAR                                  358                    358                         77,350.00                    77,240.45
BOLIVAR                                  178                    358                         13,650.00                    13,634.99
GARLAND                                  358                    358                         74,900.00                    74,826.79
RICHARDSON                               358                    358                        125,600.00                   125,389.38
MESQUITE                                 178                    358                         12,183.00                    12,169.63
MESQUITE                                 177                    357                         19,000.00                    18,968.62
MESQUITE                                 357                    357                        230,000.00                   229,532.98
FORT WORTH                               177                    357                         17,000.00                    16,968.90
DELIGHT                                  357                    357                         80,000.00                    79,863.73
MEMPHIS                                  177                    357                         18,735.00                    18,705.33
WELCH                                    358                    358                         89,000.00                    88,926.31
PARIS                                    357                    477                         90,000.00                    89,958.85
FATE                                     177                    357                         32,554.00                    32,509.95
SOUTHAVEN                                358                    358                        255,077.00                   255,075.58
FLINT                                    358                    358                         90,000.00                    89,917.44
WHITEHOUSE                               177                    357                         15,600.00                    15,577.98
GARLAND                                  357                    477                         95,400.00                    95,338.21
FATE                                     357                    357                        158,000.00                   157,738.59
ALVIN                                    177                    357                         19,400.00                    19,367.96
LAREDO                                   177                    357                         18,510.00                    18,479.43
INOLA                                    357                    477                        109,000.00                   108,931.66
AZLE                                     357                    357                        120,000.00                   119,703.17
MERCEDES                                 358                    358                        100,000.00                    99,890.11
ARLINGTON                                357                    357                        107,500.00                   107,327.96
DUMAS                                    357                    357                         68,500.00                    68,385.71
WINNSBORO                                358                    358                         71,825.00                    71,768.27
ARLINGTON                                357                    357                        191,000.00                   190,489.18
SANGER                                   357                    357                         89,200.00                    89,035.03
SAND SPRINGS                             358                    358                         69,900.00                    69,836.55
ODESSA                                   357                    477                        145,000.00                   144,905.98
WYLIE                                    358                    358                        122,300.00                   122,092.89
WEATHERFORD                              357                    357                         84,900.00                    84,781.44
WATAUGA                                  357                    357                        103,350.00                   103,170.98
LITTLE ROCK                              358                    358                         79,900.00                    79,838.23
LEXINGTON                                358                    358                         90,000.00                    89,931.17
MESQUITE                                 177                    357                         14,730.00                    14,705.65
GRAPEVINE                                358                    358                        172,800.00                   172,799.56
EL PASO                                  358                    358                        204,765.00                   204,488.73
WOLFFORTH                                357                    477                        152,235.00                   152,140.70
MOUNDS                                   358                    356                         61,900.00                    61,767.98
FORT WORTH                               357                    357                        161,645.00                   161,339.92
ALLEN                                    177                    357                         19,030.00                    18,998.59
DALLAS                                   357                    357                         97,500.00                    97,357.99
JACKSON                                  356                    356                         51,000.00                    50,911.47
BURNET                                   358                    358                        280,000.00                   277,146.72
FRISCO                                   357                    357                        222,998.00                   222,602.20
OLIVE BRANCH                             357                    357                        152,835.00                   152,580.01
HOUSTON                                  177                    357                         18,974.00                    18,941.67
CEDAR HILL                               356                    356                        111,000.00                   110,785.82
SEAGOVILLE                               176                    356                         25,800.00                    25,742.96
BOLIVAR                                  357                    477                         69,000.00                    68,960.30
TULSA                                    357                    357                         85,000.00                    84,832.89
HORIZON CITY                             358                    358                         73,400.00                    73,309.82
KATY                                     177                    357                         14,250.00                    14,226.48
SUNSET                                   177                    352                         17,850.00                    17,763.73
CLEBURNE                                 357                    357                        118,800.00                   118,505.55
JACKSON                                  357                    357                         59,200.00                    59,073.82
SHERMAN                                  357                    357                        135,000.00                   134,777.60
CHATTANOOGA                              357                    357                         73,150.00                    73,022.80
FRISCO                                   357                    357                        309,365.00                   308,576.95
FORNEY                                   357                    357                        146,897.00                   146,638.94
EL PASO                                  357                    357                         63,000.00                    62,907.27
FORT WORTH                               177                    357                         16,400.00                    16,372.92
EL PASO                                  357                    357                        118,500.00                   118,275.20
MESQUITE                                 357                    357                        122,100.00                   121,896.29
BEAUMONT                                 177                    357                         27,900.00                    27,853.94
MEMPHIS                                  177                    357                         16,900.00                    16,870.04
FORT WORTH                               177                    356                         18,600.00                    18,548.95
TULSA                                    177                    353                         17,985.00                    17,946.35
CADDO MILLS                              177                    357                         20,250.00                    20,216.56
BURLESON                                 357                    357                         88,000.00                    87,819.50
GRAND PRAIRIE                            357                    355                         79,800.00                    79,497.62
TULSA                                    357                    357                         70,000.00                    69,907.30
ROWLETT                                  177                    357                         16,335.00                    16,308.02
HICKORY VALLEY                           357                    357                         83,000.00                    82,857.17
GRANBURY                                 357                    357                        420,000.00                   418,887.58
DALLAS                                   357                    357                        141,058.00                   140,766.33
PLANO                                    357                    357                        126,880.00                   126,562.96
PLANO                                    177                    357                         31,720.00                    31,667.62
GRAND PRAIRIE                            177                    357                         41,998.00                    41,928.65
COVINGTON                                358                    358                         97,000.00                    96,910.07
FORT WORTH                               357                    357                         70,000.00                    69,899.65
EL PASO                                  357                    357                        150,300.00                   150,016.33
LAGO VISTA                               177                    357                         25,283.00                    25,241.23
BROWNSVILLE                              357                    356                         79,000.00                    78,748.94
LUBBOCK                                  357                    357                        109,055.00                   108,774.47
LUBBOCK                                  177                    357                         19,245.00                    19,213.23
ANNA                                     177                    357                         23,500.00                    23,461.19
BOLIVAR                                  357                    357                         80,000.00                    79,873.28
HUMBOLDT                                 357                    357                         64,000.00                    63,905.79
ALEDO                                    357                    357                        202,500.00                   201,994.17
ARLINGTON                                177                    357                         17,985.00                    17,955.28
COLLIERVILLE                             358                    358                        135,500.00                   135,304.20
BOLIVAR                                  357                    357                         66,500.00                    66,401.09
HEARTLAND                                357                    357                        100,490.00                   100,338.94
MIDDLETON                                357                    357                         50,065.00                    50,004.77
FORT WORTH                               357                    357                        123,900.00                   123,688.97
RENOVA                                   357                    357                        105,500.00                   105,323.98
MESQUITE                                 357                    357                        106,250.00                   106,244.58
MESQUITE                                 177                    357                         18,750.00                    18,709.71
MULVANE                                  357                    357                        105,646.00                   105,464.19
WHITWELL                                 357                    357                        100,000.00                    99,866.14
HUTCHINSON                               357                    357                         98,000.00                    97,822.43
LEWISVILLE                               177                    357                         17,460.00                    17,431.17
CARROLLTON                               357                    357                        130,000.00                   129,806.22
LOUISVILLE                               357                    357                        104,900.00                   104,753.53
TULSA                                    177                    357                         18,900.00                    18,881.70
HORIZON CITY                             357                    357                         94,200.00                    94,023.99
HORIZON CITY                             357                    350                         81,200.00                    80,590.29
AUSTIN                                   358                    358                        219,600.00                   219,600.00
LONGVIEW                                 357                    357                        296,400.00                   295,909.62
HOUSTON                                  177                    342                         19,875.00                    19,677.70
CANYON LAKE                              357                    357                        196,100.00                   195,701.81
ABILENE                                  357                    357                         53,000.00                    52,931.30
ANAHUAC                                  358                    358                         55,800.00                    55,748.32
MIDLAND                                  357                    357                         67,000.00                    66,905.44
HOUSTON                                  357                    357                        177,990.00                   177,738.84
PASADENA                                 177                    357                         17,850.00                    17,824.81
PASADENA                                 178                    358                         20,000.00                    19,978.06
HOCKLEY                                  177                    357                         18,960.00                    18,928.68
BEAUMONT                                 357                    357                        111,000.00                   110,816.24
COLUMBIA                                 357                    357                         96,000.00                    95,858.69
AUSTIN                                   358                    358                        359,920.00                   359,473.30
HOUSTON                                  357                    357                        126,520.00                   126,335.71
BEAUMONT                                 357                    354                         89,900.00                    89,586.01
HOUSTON                                  358                    358                        113,000.00                   112,873.48
PASADENA                                 357                    357                        134,000.00                   133,773.31
SAN ANTONIO                              357                    357                         61,600.00                    61,501.39
HOUSTON                                  177                    357                         14,775.00                    14,750.58
HOUSTON                                  357                    357                        115,690.00                   115,508.66
DUBLIN                                   357                    357                         81,000.00                    80,864.76
HUMBLE                                   357                    357                        144,000.00                   143,614.13
GALENA PARK                              358                    358                         62,560.00                    62,477.44
HOUSTON                                  178                    358                         14,000.00                    13,984.64
CYPRESS                                  358                    358                        113,670.00                   113,537.36
HUMBLE                                   178                    358                         18,481.00                    18,460.72
SAN ANTONIO                              358                    358                        127,500.00                   127,354.27
MCALLEN                                  358                    358                         85,500.00                    85,382.53
PHARR                                    358                    358                        180,090.00                   179,775.95
PHARR                                    178                    358                         45,023.00                    44,973.62
AUSTIN                                   357                    357                         98,320.00                    98,049.30
AUSTIN                                   177                    357                         24,580.00                    24,539.41
KATY                                     178                    178                        113,900.00                   113,172.95
LEAGUE CITY                              178                    349                         13,500.00                    13,410.00
WACO                                     357                    357                         50,000.00                    49,925.62
MONTGOMERY                               357                    357                        167,450.00                   167,176.18
CROCKETT                                 358                    358                        106,250.00                   106,068.29
CROCKETT                                 178                    358                         18,750.00                    18,729.44
SAN JUAN                                 358                    358                         74,242.00                    74,156.25
HOUSTON                                  358                    358                        146,000.00                   145,757.56
HOUSTON                                  178                    358                         14,850.00                    14,833.71
MONTGOMERY                               358                    358                        149,970.00                   149,755.47
RICHMOND                                 358                    358                        236,000.00                   235,637.93
MISSOURI CITY                            358                    358                        168,500.00                   168,268.02
SUGAR LAND                               358                    358                        448,000.00                   447,426.68
KILLEEN                                  358                    358                         73,500.00                    73,428.15
MCALLEN                                  358                    358                        137,600.00                   137,427.46
HOUSTON                                  358                    358                         72,000.00                    71,935.33
HITCHCOCK                                358                    358                         63,020.00                    62,936.86
HITCHCOCK                                178                    358                         15,755.00                    15,737.72
SAN ANTONIO                              358                    358                        124,000.00                   123,873.61
HUFFMAN                                  358                    358                        175,200.00                   174,931.22
WHITESBORO                               358                    358                        130,000.00                   129,830.20
ROUND ROCK                               358                    358                         92,000.00                    91,875.86
LINDALE                                  358                    358                        207,400.00                   207,400.00
HOUSTON                                  358                    358                         93,500.00                    93,397.26
HOUSTON                                  178                    358                         46,000.00                    45,949.55
HOUSTON                                  178                    178                         53,000.00                    52,717.55
CLEVELAND                                358                    358                         71,200.00                    71,109.81
CLEVELAND                                178                    358                         17,800.00                    17,773.25
ROUND ROCK                               358                    358                        263,984.00                   263,550.99
HOUSTON                                  358                    358                        149,000.00                   148,845.95
AUSTIN                                   358                    478                         94,400.00                    94,335.55
EL PASO                                  358                    358                         84,000.00                    83,919.62
PORTER                                   358                    358                         73,450.00                    73,393.83
WAXAHACHIE                               358                    358                        143,000.00                   142,842.44
CYPRESS                                  358                    358                        125,740.00                   125,599.22
HOUSTON                                  358                    358                         97,750.00                    97,622.32
HOUSTON                                  178                    358                         17,250.00                    17,231.08
SILSBEE                                  358                    358                         89,900.00                    89,823.46
ROSENBERG                                358                    358                        251,500.00                   251,238.23
LONGVIEW                                 358                    478                        142,900.00                   142,837.80
CANYON LAKE                              358                    358                        157,497.00                   157,307.44
CEDAR PARK                               358                    478                        310,000.00                   309,714.35
HOUSTON                                  358                    358                        215,600.00                   215,294.67
HUMBLE                                   358                    358                        174,800.00                   174,598.11
ORANGE                                   358                    358                         74,000.00                    73,922.99
DALLAS                                   358                    358                         68,000.00                    67,929.22
DALLAS                                   178                    358                         17,000.00                    16,981.35
LAREDO                                   358                    358                        105,190.00                   105,045.47
SEALY                                    358                    358                        143,920.00                   143,709.94
BAYTOWN                                  358                    358                        142,500.00                   142,283.53
KATY                                     358                    358                         95,120.00                    94,974.05
MISSOURI CITY                            358                    358                        125,000.00                   124,847.15
LA PORTE                                 358                    358                        159,332.00                   159,075.13
HUMBLE                                   358                    358                        156,686.00                   156,495.49
LEANDER                                  358                    358                         72,000.00                    71,903.04
CYPRESS                                  358                    478                        110,400.00                   110,320.56
HOUSTON                                  358                    358                         83,700.00                    83,606.29
DAYTON                                   358                    358                        215,000.00                   214,783.13
THE WOODLANDS                            358                    358                        293,250.00                   292,810.94
BROWNSVILLE                              358                    358                         82,500.00                    82,397.60
KYLE                                     358                    358                        218,000.00                   217,773.09
CORSICANA                                178                    358                         13,800.00                    13,781.97
HUTTO                                    358                    358                        199,269.00                   198,940.71
PEARLAND                                 358                    358                        286,056.00                   285,621.08
HOUSTON                                  358                    478                        135,490.00                   135,420.15
HUMBLE                                   358                    358                        245,000.00                   245,000.00
DICKINSON                                358                    358                         66,000.00                    65,926.87
PEARLAND                                 358                    358                        109,600.00                   109,421.56
PEARLAND                                 178                    358                         20,550.00                    20,527.47
BAYTOWN                                  358                    358                        210,000.00                   209,799.04
SAGINAW                                  176                    355                         24,000.00                    23,926.14
MESQUITE                                 177                    357                         28,800.00                    28,752.42
BOLIVAR                                  177                    357                         14,990.00                    14,974.65
OTTUMWA                                  357                    357                         87,000.00                    86,832.40
MARSHALLTOWN                             177                    357                         11,000.00                    10,986.00
WYLIE                                    178                    358                         15,200.00                    15,183.32
HAYS                                     177                    357                         13,600.00                    13,583.62
GRINNELL                                 177                    357                         11,180.00                    11,165.81
ALLEN                                    178                    358                         20,998.00                    20,974.97
IOWA CITY                                177                    356                         13,050.00                    13,029.59
FREEMONT                                 177                    357                         38,000.00                    37,961.15
NORFOLK                                  177                    357                         49,000.00                    48,949.90
HOUSTON                                  178                    358                         14,100.00                    14,084.52
LUFKIN                                   178                    358                         13,295.00                    13,280.41
LEAGUE CITY                              178                    358                         18,600.00                    18,579.60
TYLER                                    358                    358                        119,000.00                   118,903.97
KANSAS CITY                              178                    358                         10,000.00                     9,992.89
SOUTH HOUSTON                            358                    358                         56,000.00                    55,947.53
LAREDO                                   357                    357                        134,462.00                   134,112.73
HOUSTON                                  356                    356                        131,000.00                   130,709.91
SUGAR LAND                               177                    357                         79,221.00                    79,090.18
HOUSTON                                  357                    357                         19,485.00                    19,452.81
HOUSTON                                  357                    357                        127,600.00                   127,402.06
CROSBY                                   177                    357                         10,000.00                     9,983.47
HOUSTON                                  358                    358                         85,000.00                    84,894.49
HIGHLANDS                                237                    237                         76,550.00                    76,157.49
HOUSTON                                  176                    355                         38,800.00                    38,690.66
VIDOR                                    357                    357                        123,600.00                   123,419.97
HOUSTON                                  357                    357                        125,900.00                   125,688.42
LAKE CHARLES                             357                    357                         65,000.00                    64,893.78
LUMBERTON                                177                    357                         27,322.00                    27,276.89
SAN JUAN                                 177                    350                         24,200.00                    24,058.54
WACO                                     357                    357                         58,194.00                    58,115.94
KARNACK                                  177                    357                         17,980.00                    17,950.29
HORIZON                                  357                    357                         89,350.00                    89,194.65
HOUSTON                                  357                    357                        150,180.00                   149,961.27
CEDAR PARK                               178                    358                         16,000.00                    15,982.45
HOUSTON                                  357                    357                        116,193.00                   115,998.91
BAYTOWN                                  357                    357                        108,530.00                   108,329.30
CHANNELVIEW                              357                    357                         85,850.00                    85,768.67
SAN ANTONIO                              177                    357                         14,416.00                    14,392.18
MANOR                                    178                    358                         19,100.00                    19,079.04
FORT WORTH                               177                    357                         17,200.00                    17,171.59
LEAGUE CITY                              357                    356                        260,050.00                   259,097.94
SILSBEE                                  177                    357                         14,720.00                    14,695.11
SAN JUAN                                 177                    357                         16,400.00                    16,372.92
WILLIS                                   177                    357                         32,600.00                    32,546.17
HEMPSTEAD                                177                    357                         33,000.00                    32,945.50
SAN ANTONIO                              357                    357                         79,500.00                    79,346.85
HUMBLE                                   357                    357                         72,000.00                    71,892.90
HOUSTON                                  177                    357                         18,750.00                    18,719.04
HUMBLE                                   177                    357                         20,188.00                    20,154.66
RIO GRANDE CITY                          177                    357                         15,300.00                    15,274.73
LYTLE                                    357                    357                        220,800.00                   220,295.36
HOUSTON                                  357                    357                        127,250.00                   127,037.71
TOMBALL                                  177                    352                         27,580.00                    27,452.65
RICHMOND                                 357                    357                        179,000.00                   178,557.23
AUSTIN                                   177                    357                         16,905.00                    16,877.07
BROWNSVILLE                              357                    357                         72,700.00                    72,608.74
HOUSTON                                  357                    357                        106,000.00                   105,835.59
CROSBY                                   177                    357                         71,800.00                    71,681.46
HOUSTON                                  357                    357                        108,000.00                   107,837.66
VICTORIA                                 177                    357                         21,980.00                    21,943.70
SAN ANTONIO                              357                    355                        129,221.00                   128,692.94
SAN ANTONIO                              177                    173                         22,803.00                    22,316.32
ROSENBERG                                357                    357                        164,400.00                   164,110.68
BROWNSVILLE                              357                    357                        108,000.00                   107,817.70
HOUSTON                                  177                    357                         22,500.00                    22,462.82
SAN JUAN                                 357                    357                         93,600.00                    93,400.50
NEW CANEY                                177                    357                         30,900.00                    30,846.21
HOUSTON                                  177                    357                         17,000.00                    16,971.92
HOUSTON                                  357                    357                        116,000.00                   115,820.08
BAYTOWN                                  357                    357                         51,200.00                    51,113.69
BROWNSVILLE                              358                    358                        140,400.00                   140,193.03
LA PORTE                                 357                    477                         65,000.00                    64,963.81
LEWISVILLE                               357                    477                        134,000.00                   133,912.62
HORIZON                                  357                    357                         96,500.00                    96,350.30
HOUSTON                                  357                    357                        137,000.00                   136,771.45
HOUSTON                                  357                    357                         66,000.00                    65,907.84
VICTORIA                                 177                    357                         15,780.00                    15,753.95
HOUSTON                                  358                    358                         75,000.00                    74,932.66
HOUSTON                                  178                    358                         19,990.00                    19,968.07
MAGNOLIA                                 357                    357                        152,560.00                   152,327.06
AUSTIN                                   357                    355                         61,000.00                    60,796.43
HOUSTON                                  177                    334                         14,500.00                    14,273.77
AUSTIN                                   357                    357                        209,197.00                   209,196.52
AUSTIN                                   177                    357                         52,300.00                    52,213.47
SPRING                                   357                    357                        202,000.00                   201,561.11
HOUSTON                                  357                    357                        155,000.00                   154,722.05
SPRING                                   357                    357                        263,680.00                   263,144.58
HOUSTON                                  357                    357                         93,000.00                    92,836.61
CYPRESS                                  357                    357                        126,428.00                   126,203.60
HOUSTON                                  357                    477                        106,366.00                   106,223.54
HOUSTON                                  177                    357                         18,771.00                    18,740.00
SPRING                                   177                    357                         20,985.00                    20,950.32
HUMBLE                                   357                    357                        109,728.00                   109,395.48
HUMBLE                                   177                    357                         27,432.00                    27,386.69
EDINBURG                                 357                    357                        131,300.00                   131,076.38
HOUSTON                                  357                    357                        104,800.00                   104,610.13
BAYTOWN                                  357                    357                        164,000.00                   163,582.24
HOUSTON                                  177                    357                         16,125.00                    16,098.36
DONNA                                    357                    357                         69,000.00                    68,916.10
EDINBURG                                 357                    357                        153,000.00                   152,727.05
HOUSTON                                  358                    358                        175,112.00                   174,856.35
FRESNO                                   357                    357                        114,981.00                   114,781.77
SAN ANTONIO                              358                    358                         68,800.00                    68,699.63
SAN ANTONIO                              357                    357                         84,000.00                    83,871.05
HOPKINS                                  357                    357                        129,750.00                   129,531.54
BAYTOWN                                  357                    357                         97,500.00                    97,330.47
KATY                                     357                    357                        107,000.00                   106,809.10
PENITAS                                  358                    478                        104,125.00                   104,053.91
SEA BROOK                                358                    478                        344,000.00                   343,718.11
PENITAS                                  178                    358                         18,375.00                    18,354.85
SAN ANTONIO                              178                    357                         13,950.00                    13,926.89
PFLUGERVILLE                             358                    358                        213,920.00                   213,550.58
PENITAS                                  358                    358                         66,400.00                    66,328.67
EDINBURG                                 178                    358                         49,000.00                    48,946.26
KINGWOOD                                 358                    358                         88,800.00                    88,649.49
SPRING                                   357                    357                        135,495.00                   135,313.28
HOUSTON                                  177                    357                         14,850.00                    14,827.90
VIDOR                                    357                    357                        159,920.00                   159,483.91
WINNIE                                   357                    357                        100,000.00                    99,829.67
GRANADA HILLS                            358                    358                        552,500.00                   552,500.00
LAKE ELSINORE                            177                    357                         27,500.00                    27,470.30
GRANADA HILLS                            357                    357                        619,000.00                   619,000.00
HESPERIA                                 177                    357                         42,750.00                    42,703.85
RESEDA AREA                              177                    357                        111,100.00                   110,986.39
SUN VALLEY                               177                    356                        115,400.00                   115,207.51
MORENO VALLEY                            177                    357                         86,000.00                    85,896.56
SOUTH GATE                               177                    357                         64,500.00                    64,437.57
LOS ANGELES                              357                    357                        416,000.00                   415,498.92
RIVERSIDE                                177                    357                         79,000.00                    78,923.50
DESERT HOT SPRI                          358                    358                        120,000.00                   119,913.09
DESERT HOT SPRI                          178                    358                         15,000.00                    14,990.87
LA PUENTE                                357                    357                        514,900.00                   514,900.00
COSTA MESA                               357                    357                        612,000.00                   612,000.00
COSTA MESA                               177                    357                         68,000.00                    67,937.69
LAS VEGAS                                357                    477                        274,500.00                   274,179.98
SUGARLOAF                                177                    357                         42,980.00                    42,938.39
REDLANDS                                 177                    357                         74,000.00                    73,928.36
SANTA ANA                                177                    357                        100,000.00                    99,891.81
SAN BERNARDINO                           357                    357                        274,500.00                   274,500.00
HIGHLAND                                 357                    357                        425,000.00                   425,000.00
LOS ANGELES                              357                    357                        355,500.00                   354,530.61
FONTANA                                  177                    357                         52,800.00                    52,746.00
SANTA CRUZ                               358                    358                      1,000,000.00                 1,000,000.00
BAKERSFIELD                              357                    357                        269,500.00                   269,500.00
FONTANA AREA                             357                    357                        415,000.00                   415,000.00
EL MONTE                                 177                    357                         66,000.00                    65,936.09
WESTMINSTER                              357                    357                        569,500.00                   569,500.00
FONTANA                                  357                    357                        676,800.00                   676,800.00
GARDEN GROVE                             177                    357                         46,000.00                    45,946.35
MORENO VALLEY                            177                    357                         56,250.00                    56,195.55
LONG BEACH                               177                    252                         67,000.00                    62,555.74
RIALTO                                   177                    357                         64,000.00                    63,938.04
NUEVO                                    357                    357                        582,900.00                   582,900.00
BAKERSFIELD                              358                    478                         50,000.00                    49,965.37
LOS ANGELES                              177                    357                        139,800.00                   139,664.67
PERRIS                                   357                    357                        384,750.00                   384,750.00
ONTARIO                                  357                    357                        400,000.00                   399,172.89
RIVERSIDE AREA                           358                    358                        439,850.00                   439,850.00
HESPERIA                                 357                    357                        380,000.00                   380,000.00
ANAHEIM                                  358                    478                        635,000.00                   634,607.74
SANTA ANA                                358                    358                        264,000.00                   264,000.00
MONROVIA                                 358                    358                        855,000.00                   855,000.00
CORONA                                   358                    358                        269,000.00                   269,000.00
LOS ANGELES                              357                    357                        510,000.00                   508,713.52
SANTA ROSA BEAC                          358                    358                        306,000.00                   306,000.00
LOS ANGELES                              357                    357                        520,000.00                   520,000.00
DOWNEY                                   358                    358                        465,000.00                   465,000.00
RICHMOND                                 358                    358                        320,000.00                   320,000.00
SAN DIEGO                                358                    358                        312,000.00                   312,000.00
SAN DIEGO                                358                    358                        456,000.00                   455,132.39
TEMECULA                                 358                    358                        377,900.00                   377,900.00
CATHEDRAL CITY                           358                    358                        164,000.00                   163,995.61
HUNTINGTON BEAC                          358                    358                        515,000.00                   515,000.00
HIDDEN HILLS                             358                    358                        675,000.00                   675,000.00
ESCONDIDO                                358                    358                        510,000.00                   510,000.00
DESERT HOT SPRI                          358                    358                        250,750.00                   250,750.00
HEBER                                    358                    358                        284,990.00                   284,990.00
CHULA VISTA                              358                    358                        355,000.00                   354,386.98
BRAWLEY                                  358                    358                        303,920.00                   303,920.00
CONWAY                                   176                    356                         17,100.00                    17,077.57
ROCKFORD                                 357                    357                        244,800.00                   244,800.00
LOS ANGELES                              176                    356                         48,000.00                    47,937.74
LOS ANGELES                              357                    357                        536,310.00                   536,310.00
LOS ANGELES                              177                    357                         59,590.00                    59,532.30
CHICAGO                                  177                    357                         10,500.00                    10,489.81
NORTHRIDGE AREA                          177                    357                        110,000.00                   109,887.53
SANTA ANA                                177                    357                         65,000.00                    64,929.67
APPLE VALLEY AR                          177                    356                         34,900.00                    34,845.52
LAKEPORT                                 356                    356                        648,000.00                   648,000.00
SURPRISE                                 357                    357                        318,900.00                   318,900.00
BAKERSFIELD                              356                    356                        218,000.00                   217,999.92
BLOOMINGTON ARE                          177                    357                         78,000.00                    77,900.95
ANAHEIM                                  177                    357                         72,000.00                    71,922.10
SAN DIEGO                                177                    357                         40,127.00                    40,087.71
APPLE VALLEY                             177                    337                         16,250.00                    16,103.65
OCEANSIDE                                358                    358                        467,200.00                   467,200.00
YUBA CITY                                177                    357                         34,285.00                    34,247.89
SUN CITY                                 177                    324                         15,000.00                    14,766.75
CARLSBAD                                 357                    477                        416,000.00                   415,674.85
SAN DIEGO                                357                    357                        257,125.00                   257,125.00
SAN YSIDRO                               178                    358                         51,934.00                    51,885.84
MURRIETA                                 177                    357                         93,000.00                    92,909.96
SAN DIEGO                                358                    358                        360,000.00                   359,598.42
EL CAJON                                 357                    357                        372,000.00                   372,000.00
EL CAJON                                 177                    357                         93,000.00                    92,904.90
SAN DIEGO                                357                    357                        512,000.00                   512,000.00
SAN DIEGO                                357                    357                        446,500.00                   446,500.00
SHASTA LAKE                              358                    358                        141,500.00                   141,249.61
PALM DESERT                              357                    357                        680,000.00                   678,100.48
OCEANSIDE                                177                    357                         68,500.00                    68,417.62
YUCAIPA                                  357                    357                        712,500.00                   710,441.60
ORANGEVALE                               177                    357                         29,000.00                    28,971.92
OLIVEHURST                               356                    476                        232,000.00                   231,709.74
RANCHO MURIETA                           357                    357                        710,100.00                   710,099.08
SAN DIEGO                                177                    357                         87,000.00                    86,920.29
MURRIETA                                 357                    357                        389,500.00                   389,500.00
HEBER                                    357                    477                        332,910.00                   332,492.76
ORANGE                                   357                    357                        498,600.00                   498,600.00
SAN DIEGO                                358                    358                        558,500.00                   558,500.00
VIRGINIA CITY H                          357                    357                        467,500.00                   466,297.44
RANCHO MIRAGE                            357                    357                        630,000.00                   630,000.00
SAN JACINTO                              358                    358                        292,500.00                   292,009.53
THOUSAND OAKS                            357                    477                        715,000.00                   714,029.27
NORTH HIGHLANDS                          357                    477                        222,300.00                   222,147.72
SAN DIEGO                                358                    358                        560,000.00                   560,000.00
HEBER                                    357                    357                        331,992.00                   331,992.00
SAN DIEGO                                357                    357                        480,800.00                   480,800.00
SAN LORENZO                              177                    357                        102,000.00                   101,901.26
COUPEVILLE                               357                    357                        534,000.00                   534,000.00
LA QUINTA                                357                    357                        570,000.00                   568,217.79
BENICIA                                  177                    357                        114,000.00                   113,852.21
SACRAMENTO                               357                    477                        311,900.00                   311,656.19
SAN DIEGO                                358                    358                        500,388.00                   500,388.00
SOLANA BEACH                             358                    358                        750,000.00                   750,000.00
HEMET                                    357                    476                        346,500.00                   345,935.80
ALISO VIEJO                              357                    357                        440,000.00                   440,000.00
MENIFEE                                  357                    357                        538,866.00                   538,866.00
MENIFEE                                  177                    357                         95,094.00                    95,001.95
INDIO                                    358                    358                        320,000.00                   319,532.98
SALINAS                                  358                    358                        900,000.00                   898,328.41
CHULA VISTA                              358                    358                        657,000.00                   657,000.00
BERKELEY                                 358                    358                        229,500.00                   229,277.59
3443 MADISON AV                          358                    358                        604,000.00                   604,000.00
SACRAMENTO                               357                    477                        410,000.00                   409,511.12
SAN JOSE                                 358                    358                        639,000.00                   639,000.00
IMPERIAL BEACH                           358                    358                        225,500.00                   224,965.86
RIVERSIDE                                358                    358                        580,000.00                   580,000.00
SAN JOSE                                 358                    358                        568,000.00                   567,042.88
SALIDA                                   358                    478                        369,000.00                   368,737.18
SAN DIEGO                                358                    358                        248,000.00                   247,562.37
OAKDALE                                  358                    358                        245,600.00                   245,600.00
MATHER                                   358                    358                        484,000.00                   483,164.22
SACRAMENTO                               358                    358                        348,000.00                   348,000.00
LINCOLN                                  358                    358                        240,000.00                   240,000.00
SOLANA BEACH                             358                    478                        698,400.00                   697,943.17
STOCKTON                                 358                    358                        355,000.00                   355,000.00
SAN DIEGO                                358                    358                        608,000.00                   608,000.00
SAN JOSE                                 358                    358                        600,000.00                   600,000.00
CHULA VISTA                              358                    358                        282,400.00                   282,400.00
CHULA VISTA                              178                    358                         70,600.00                    70,546.60
SAN JOSE                                 358                    358                        600,000.00                   600,000.00
SAN JOSE                                 178                    358                        150,000.00                   149,866.73
ANTIOCH                                  358                    358                        705,500.00                   705,500.00
HEBER                                    358                    358                        339,575.00                   339,575.00
LAKESIDE                                 358                    358                        590,000.00                   589,121.52
SIMI VALLEY                              358                    358                        350,000.00                   350,000.00
HOFFMAN ESTATES                          177                    355                         33,000.00                    32,942.59
DETROIT                                  176                    356                         17,250.00                    17,227.61
MENAHGA                                  358                    478                        157,250.00                   157,189.24
DEKALB                                   357                    357                        124,800.00                   124,519.83
LOCKPORT                                 357                    357                        185,300.00                   185,300.00
OSWEGO                                   357                    357                        136,000.00                   135,698.32
HOUSTON                                  177                    357                         14,956.95                    14,932.25
GALVA                                    176                    356                         23,000.00                    22,969.85
IOLA                                     176                    356                         16,800.00                    16,772.92
COLLEGE STATION                          177                    357                         18,750.00                    18,723.51
STANTON                                  358                    358                        465,000.00                   465,000.00
DIAMOND BAR                              358                    358                        704,000.00                   702,721.21
LAGUNA NIGUEL                            358                    358                        332,100.00                   332,100.00
MORENO VALLEY                            358                    358                        440,000.00                   440,000.00
ANAHEIM                                  358                    358                        510,000.00                   510,000.00
ONTARIO                                  358                    358                        416,000.00                   416,000.00
PERRIS                                   358                    358                        296,000.00                   296,000.00
INGLEWOOD                                358                    358                        286,400.00                   286,400.00
INGLEWOOD                                178                    358                         71,600.00                    71,548.58
FONTANA                                  358                    358                        304,800.00                   304,800.00
CORONA                                   358                    358                        549,000.00                   549,000.00
CORONA                                   358                    358                        504,000.00                   504,000.00
CASTAIC                                  358                    358                        515,000.00                   515,000.00
RIALTO                                   358                    358                        175,000.00                   174,711.70
EL CAJON                                 358                    358                        452,000.00                   452,000.00
LA HABRA                                 358                    358                        433,000.00                   433,000.00
NORTH HOLLYWOOD                          358                    358                        488,000.00                   488,000.00
PACOIMA                                  358                    358                        420,000.00                   420,000.00
PACOIMA                                  178                    358                        105,000.00                   104,901.62
SAN BERNARDINO                           358                    358                        252,000.00                   251,956.50
CORONA                                   358                    358                        350,000.00                   350,000.00
LAKE ELSINORE                            358                    358                        385,000.00                   385,000.00
BALTIMORE                                358                    358                        259,000.00                   259,000.00
AURORA                                   177                    357                         16,000.00                    15,984.34
AURORA                                   177                    357                         39,750.00                    39,711.08
DENVER                                   176                    356                         33,450.00                    33,406.59
MONUMENT                                 356                    356                        200,000.00                   200,000.00
AURORA                                   177                    357                         16,950.00                    16,934.46
FARMINGTON                               177                    357                         32,550.00                    32,518.50
STERLING                                 177                    357                         13,300.00                    13,286.83
DENVER                                   178                    358                         15,750.00                    15,738.70
COLORADO SPRING                          177                    356                         24,750.00                    24,713.54
AURORA                                   357                    477                        117,900.00                   117,797.70
CENTENNIAL                               357                    357                        205,700.00                   205,700.00
DENVER                                   177                    357                         17,500.00                    17,483.03
DENVER                                   177                    357                         15,700.00                    15,684.79
DENVER                                   357                    357                        207,000.00                   207,000.00
WESTMINSTER                              177                    357                         31,500.00                    31,469.49
CARBONDALE                               357                    357                        301,750.00                   301,750.00
CASTLE ROCK                              357                    357                        195,500.00                   195,030.48
CASTLE ROCK                              177                    357                         34,500.00                    34,464.72
DENVER                                   177                    357                         25,950.00                    25,924.86
GREENWOOD VILLA                          177                    357                         56,800.00                    56,740.64
DENVER                                   357                    357                        174,250.00                   174,250.00
DENVER                                   177                    357                         30,750.00                    30,721.80
WESTMINSTER                              177                    357                         36,300.00                    36,264.33
THORNTON                                 357                    357                        165,000.00                   165,000.00
GREELEY                                  357                    357                        181,000.00                   180,973.54
LITTLETON                                357                    357                        338,720.00                   338,720.00
FORT LUPTON                              177                    357                         22,125.00                    22,102.35
ENGLEWOOD                                357                    357                        198,500.00                   198,171.59
DENVER                                   357                    477                        134,400.00                   134,320.61
GREELEY                                  177                    357                         26,700.00                    26,674.15
ALAMOSA                                  357                    357                        104,234.00                   104,234.00
ALAMOSA                                  177                    357                         26,059.00                    26,032.33
CHEYENNE                                 177                    357                         19,950.00                    19,930.67
CASTLE ROCK                              357                    357                        335,750.00                   334,939.70
CARBONDALE                               177                    357                         19,950.00                    19,921.68
DENVER                                   358                    478                        178,500.00                   178,426.78
LAS VEGAS                                358                    358                        265,500.00                   265,500.00
GLENROCK                                 358                    478                        142,400.00                   142,345.79
EVANS                                    357                    477                        145,000.00                   144,915.62
PLAIN CITY                               357                    357                        306,000.00                   306,000.00
COMMERCE CITY                            357                    357                        147,446.00                   147,446.00
AURORA                                   357                    357                        297,000.00                   297,000.00
PROVO                                    358                    358                         87,000.00                    87,000.00
BRIGHTON                                 357                    357                        301,750.00                   301,750.00
AURORA                                   357                    476                        162,000.00                   161,863.26
LONGMONT                                 357                    477                        132,000.00                   131,913.50
LITTLETON                                357                    357                        498,000.00                   497,151.86
COLORADO SPRING                          358                    358                        134,800.00                   134,676.34
COMMERCE CITY                            358                    358                         86,400.00                    86,400.00
COMMERCE CITY                            178                    358                         10,800.00                    10,793.43
AURORA                                   358                    358                        131,750.00                   131,750.00
DENVER                                   358                    358                        273,600.00                   273,600.00
COLORADO SPRING                          358                    478                        184,000.00                   183,926.74
THORNTON                                 358                    358                        159,000.00                   158,806.66
COLORADO SPRING                          358                    478                        202,500.00                   202,380.17
AURORA                                   357                    357                        195,000.00                   195,000.00
WESTMINSTER                              358                    358                        273,600.00                   273,600.00
DENVER                                   358                    358                        688,000.00                   688,000.00
DENVER                                   358                    358                        290,000.00                   290,000.00
NORTH LAS VEGAS                          358                    358                        278,800.00                   278,800.00
DENVER                                   358                    358                        192,000.00                   191,848.36
THORNTON                                 358                    358                        380,000.00                   380,000.00
SANDY                                    358                    358                        221,000.00                   220,664.31
CASPER                                   358                    358                        148,000.00                   147,856.87
COMMERCE CITY                            178                    358                         16,700.00                    16,687.77
TOOELE                                   358                    358                        179,550.00                   179,550.00
AMERICAN FORK                            358                    358                        473,600.00                   473,600.00
HAYDEN                                   358                    358                        197,000.00                   197,000.00
WOODLAND PARK                            358                    358                        238,000.00                   237,736.28
COLORADO SPRING                          358                    358                        690,943.00                   690,943.00
BRIGHTON                                 358                    358                        262,415.00                   262,415.00
CHEYENNE                                 358                    358                         89,000.00                    88,907.35
DENVER                                   358                    358                        115,500.00                   115,500.00
LONGMONT                                 358                    478                        312,000.00                   311,747.15
COLORADO SPRING                          358                    478                        750,000.00                   749,581.17
JOHNSTOWN                                358                    478                        303,000.00                   302,825.82
CAPE CORAL                               358                    358                        408,000.00                   408,000.00
COMMERCE CITY                            358                    358                        157,600.00                   157,600.00
YORBA LINDA                              358                    358                        832,500.00                   830,885.34
LAKEVILLE                                358                    358                        289,750.00                   289,391.71
WESTMINSTER                              358                    358                        263,000.00                   263,000.00
NORFOLK                                  358                    358                        178,200.00                   178,036.55
CHANNAHON                                355                    355                        340,000.00                   340,000.00
RED LION                                 357                    357                         84,000.00                    83,875.05
MINNEAPOLIS                              177                    357                         19,500.00                    19,475.70
DETROIT                                  176                    356                         17,500.00                    17,478.50
URBANA                                   357                    357                         76,000.00                    75,864.39
ALEDO                                    177                    357                         19,275.00                    19,251.81
DETROIT                                  356                    476                         97,750.00                    97,644.72
HAMMOND                                  177                    357                         13,500.00                    13,485.41
ADRIAN                                   177                    357                         15,600.00                    15,580.55
OAK FOREST                               357                    357                        174,000.00                   173,740.65
FORT BRANCH                              356                    356                         78,000.00                    77,834.63
HOPKINSVILLE                             357                    357                        100,000.00                    99,857.38
CHICAGO                                  357                    357                        252,000.00                   251,468.32
DOLTON                                   357                    357                        107,000.00                   106,835.77
HENDERSON                                357                    357                         53,000.00                    52,923.61
RIVERSIDE                                358                    358                        436,000.00                   436,000.00
PACOIMA                                  358                    358                        408,000.00                   408,000.00
FONTANA                                  358                    358                        329,600.00                   329,600.00
BANNING                                  358                    358                        212,000.00                   212,000.00
BANNING                                  178                    358                         53,000.00                    52,963.25
ADELANTO                                 358                    358                        315,000.00                   315,000.00
ANAHEIM                                  358                    358                        635,000.00                   635,000.00
CORONA                                   358                    358                        640,000.00                   640,000.00
COMPTON                                  358                    358                        289,000.00                   289,000.00
HELENDALE AREA                           358                    358                        463,200.00                   463,200.00
HESPERIA                                 358                    358                        260,000.00                   260,000.00
ANAHEIM                                  358                    358                        587,000.00                   587,000.00
(SAUGUS AREA) L                          358                    358                        675,000.00                   675,000.00
ANAHEIM                                  358                    358                        706,500.00                   705,723.67
ELMWOOD                                  358                    358                        400,000.00                   400,000.00
PERRIS                                   358                    358                        396,000.00                   396,000.00
LOS ANGELES                              358                    358                        416,000.00                   416,000.00
RIALTO                                   358                    358                        300,000.00                   300,000.00
ORANGE (CITY)                            358                    358                        516,000.00                   516,000.00
SANTA ANA                                358                    358                        284,750.00                   284,750.00
ORANGE                                   358                    358                        460,000.00                   460,000.00
AURORA                                   358                    358                        232,760.00                   232,413.42
FONTANA AREA                             358                    358                        445,000.00                   445,000.00
WINNETKA AREA                            358                    358                        468,000.00                   468,000.00
BELLFLOWER                               358                    358                        488,000.00                   488,000.00
POMONA                                   358                    358                        232,000.00                   232,000.00
MURRIETA                                 358                    358                        423,152.00                   423,152.00
LAKE FOREST                              358                    478                        666,000.00                   665,489.62
WEST COVINA                              358                    358                        533,600.00                   533,600.00
FONTANA                                  358                    358                        281,600.00                   281,600.00
PARAMOUNT                                358                    358                        294,400.00                   294,400.00
ANTIOCH                                  358                    358                        810,000.00                   808,559.77
SANTA ANA                                358                    358                        544,000.00                   544,000.00
WESTMINSTER                              358                    358                        333,000.00                   332,468.46
SUISUN CITY                              358                    478                        413,250.00                   413,035.40
FONTANA                                  358                    358                        520,792.00                   519,824.71
HEMET                                    358                    358                        459,000.00                   459,000.00
LINDEN                                   358                    358                        416,500.00                   415,707.54
LOS ANGELES                              358                    358                        484,000.00                   484,000.00
LADERA RANCH AR                          358                    358                        740,000.00                   740,000.00
RIVERSIDE                                358                    358                        312,000.00                   312,000.00
ANAHEIM                                  358                    358                        386,750.00                   386,750.00
MORENO VALLEY                            358                    358                        380,000.00                   380,000.00
MORENO VALLEY                            358                    358                        247,500.00                   247,500.00
OAKLAND                                  177                    357                        109,000.00                   108,881.04
ORANGE                                   358                    358                        650,250.00                   650,250.00
HIGHLAND AREA                            358                    358                        309,600.00                   309,600.00
SANTA ANA                                358                    358                        660,000.00                   660,000.00
BAKERSFIELD                              358                    358                        310,250.00                   310,250.00
GRAND TERRACE                            357                    357                        370,000.00                   369,203.53
SANTA ANA                                358                    358                        488,750.00                   488,750.00
RIALTO                                   358                    358                        379,200.00                   379,200.00
SAN BERNARDINO                           358                    358                        250,750.00                   250,749.18
GARDEN GROVE                             358                    478                        367,500.00                   367,190.37
GARDENA                                  357                    357                        300,000.00                   299,220.74
SANTA ANA                                357                    357                        480,717.00                   479,131.23
SANTA ANA                                358                    358                        587,500.00                   587,500.00
LOS ANGELES                              357                    357                        252,000.00                   251,242.18
NORWALK                                  358                    358                        463,250.00                   463,250.00
BEAUMONT                                 357                    357                        499,900.00                   499,900.00
SOUTH GATE                               357                    477                        612,000.00                   611,586.90
SANTA ANA                                358                    358                        343,750.00                   343,212.04
SANTA ANA                                358                    358                        244,000.00                   244,000.00
RIALTO                                   358                    358                        355,000.00                   355,000.00
RIVERSIDE                                357                    357                        415,000.00                   415,000.00
PERRIS                                   358                    358                        540,000.00                   540,000.00
ANAHEIM                                  358                    358                        725,000.00                   725,000.00
SANTA CLARITA                            358                    358                        527,000.00                   527,000.00
SAN FERNANDO                             358                    358                        403,200.00                   403,200.00
ANAHEIM                                  358                    358                        467,415.00                   467,415.00
SARATOGA SPRING                          355                    355                        287,200.00                   287,200.00
CHICAGO                                  356                    356                        225,000.00                   225,000.00
HOUSTON                                  174                    354                         24,600.00                    24,517.84
SAN ANTONIO                              174                    354                         15,400.00                    15,348.52
HOUSTON                                  175                    355                         22,125.00                    22,063.63
CROSBY                                   175                    355                         27,800.00                    27,722.91
HOUSTON                                  175                    355                         22,500.00                    22,437.57
HUTTO                                    174                    354                         27,543.00                    27,447.78
HI HAT                                   355                    355                         83,000.00                    82,803.20
WYLIE                                    354                    354                        378,400.00                   377,248.95
MURFREESBORO                             354                    354                        152,000.00                   151,517.98
BLUE RIDGE                               175                    175                         64,000.00                    62,966.77
LARGO                                    175                    355                         22,200.00                    22,163.45
KINGMAN                                  354                    354                         70,000.00                    69,812.26
WAMEGO                                   174                    344                         22,500.00                    22,374.33
KANSAS CITY                              355                    355                         90,000.00                    89,788.83
LEES SUMMIT                              355                    355                        675,000.00                   675,000.00
HESPERIA                                 354                    354                        148,750.00                   148,750.00
TOWNSEND                                 352                    352                        208,000.00                   207,280.92
YUBA CITY                                174                    354                         29,007.00                    28,946.81

CITY1                       LIEN                      SR_LIEN_BALANCE            TOTAL_BAL         JR_LIEN_BALANCE          SALES_PRICE
---------------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                  Second Lien                  146,400.00             183,000.00                     -             183,000.00
BIG BEAR CITY               Second Lien               37,600,000.00          37,694,000.00                     -                      -
JAMUL                       First Lien                            -             920,000.00            230,000.00           1,150,000.00
JAMUL                       Second Lien                  920,000.00           1,150,000.00                     -           1,150,000.00
HENDERSON                   First Lien                            -             522,750.00             92,250.00             615,000.00
BALDWIN PARK                First Lien                            -             312,000.00                     -                      -
BONIFAY                     First Lien                            -             212,000.00                     -                      -
AVENUE BLOOMING             First Lien                            -             540,000.00            135,000.00             675,000.00
AVENUE BLOOMING             Second Lien                  540,000.00             675,000.00                     -             675,000.00
STANTON                     First Lien                            -             400,000.00                     -                      -
RIVERSIDE AREA              First Lien                            -             357,000.00                     -                      -
APPLE VALLEY                First Lien                            -             285,000.00                     -             285,000.00
CANYON COUNTRY              First Lien                            -             386,250.00                     -                      -
LAKE ELSINORE               First Lien                            -             295,200.00             73,800.00             369,000.00
LAKE ELSINORE               Second Lien                  295,200.00             369,000.00                     -             369,000.00
LOMITA                      First Lien                            -             180,000.00                     -                      -
LOS ANGELES                 First Lien                            -             530,000.00                     -             530,000.00
RAWLINS                     First Lien                            -             125,000.00                     -             125,000.00
AURORA                      First Lien                            -             200,000.00             50,000.00             250,000.00
CHULA VISTA                 First Lien                            -             463,000.00                     -                      -
SOUTH PLAINFIEL             First Lien                            -             230,000.00                     -                      -
OAKLEY                      First Lien                            -             408,000.00            102,000.00             510,000.00
SAN DIEGO                   First Lien                            -             234,400.00             58,600.00             293,000.00
SAN DIEGO                   Second Lien                  234,400.00             293,000.00                     -             293,000.00
SAN MARCOS                  First Lien                            -             456,000.00            114,000.00             570,000.00
SAN MARCOS                  Second Lien                  456,000.00             570,000.00                     -             570,000.00
TEMECULA                    First Lien                            -             696,000.00            174,000.00             870,000.00
TEMECULA                    Second Lien                  696,000.00             870,000.00                     -             870,000.00
SAN DIEGO                   First Lien                            -             343,000.00                     -                      -
HIGLEY                      First Lien                            -             285,000.00                     -                      -
BIG BEAR CITY               First Lien                            -             376,000.00             94,000.00                      -
SALINAS                     First Lien                            -             448,000.00             84,000.00                      -
SALINAS                     Second Lien                  448,000.00             532,000.00                     -                      -
MURRIETA                    First Lien                            -             525,000.00             85,000.00                      -
MENIFEE                     First Lien                            -             360,000.00             90,000.00                      -
ALTON                       First Lien                            -              82,500.00                     -              82,500.00
CLIFTON                     First Lien                            -             310,000.00                     -                      -
EL SOBRANTE                 Second Lien                  519,200.00             649,000.00                     -             649,000.00
KELLER                      First Lien                            -             131,000.00                     -             131,000.00
LANCASTER                   First Lien                            -             375,000.00                     -                      -
PALMDALE                    First Lien                            -             284,000.00             60,350.00                      -
EVERETT                     First Lien                            -             305,000.00                     -             305,000.00
RESEDA                      First Lien                            -             520,000.00            130,000.00             650,000.00
SCOTTSDALE                  First Lien                            -             830,858.00            146,622.00                      -
EL SOBRANTE                 First Lien                            -             519,200.00            129,800.00             649,000.00
EAST ORANGE                 First Lien                            -             298,000.00                     -             298,000.00
FRISCO                      First Lien                            -             209,544.00             39,289.00             261,930.00
COSTA MESA                  First Lien                            -             621,000.00                     -                      -
PUYALLUP                    Second Lien                  320,000.00             400,000.00                     -                      -
COLLIERVILLE                First Lien                            -              80,000.00                     -              80,000.00
FORT WORTH                  First Lien                            -             236,000.00                     -                      -
SAINT LOUIS                 First Lien                            -              75,000.00                     -                      -
SEATTLE                     First Lien                            -             263,700.00             29,300.00             293,000.00
SEATTLE                     Second Lien                  263,700.00             293,000.00                     -             293,000.00
KANSAS CITY                 First Lien                            -             225,250.00             39,000.00                      -
LOVES PARK                  First Lien                            -             168,000.00                     -                      -
COEUR D ALENE               First Lien                            -             152,000.00                     -                      -
SEATAC                      First Lien                            -             495,000.00                     -                      -
LOS ANGELES                 Second Lien                  531,250.00             625,000.00                     -             625,000.00
LOS ANGELES                 First Lien                            -             269,500.00                     -                      -
BATESVILLE                  First Lien                            -             220,500.00                     -                      -
DELRAY BEACH                First Lien                            -             740,000.00             92,500.00                      -
CITY OF UPLAND              First Lien                            -             572,000.00            107,250.00                      -
SAINT LOUIS                 Second Lien                  102,000.00             114,000.00                     -             120,000.00
FORT SMITH                  First Lien                            -              69,900.00                     -              69,900.00
LOS ANGELES                 First Lien                            -             430,000.00                     -             430,000.00
FONTANA                     First Lien                            -             472,344.00                     -             590,430.00
LAMAR                       First Lien                            -             108,000.00                     -                      -
OXON HILL                   First Lien                            -             241,600.00             60,400.00                      -
FAIRHAVEN                   Second Lien                  216,750.00             255,000.00                     -                      -
HYANNIS                     First Lien                            -             351,000.00                     -                      -
FORT WORTH                  First Lien                            -              80,100.00                     -              89,000.00
HUNTINGTON PARK             Second Lien                  454,400.00             568,000.00                     -             568,000.00
CAPE GIRARDEAU              First Lien                            -              76,500.00              8,500.00              85,000.00
WYOMING                     First Lien                            -             169,000.00                     -             169,000.00
BALTIMORE                   First Lien                            -             140,250.00             24,750.00             165,000.00
BURBANK                     Second Lien                  915,000.00           1,000,000.00                     -                      -
SPOKANE                     First Lien                            -             146,000.00                     -             146,000.00
CLOVIS                      First Lien                            -             140,000.00                     -                      -
SPRING VALLEY               First Lien                            -             975,000.00                     -                      -
MURRIETA                    Second Lien                  525,000.00             610,000.00                     -                      -
FLOSSMOOR                   First Lien                            -             920,000.00                     -                      -
BELVIDERE                   First Lien                            -             295,000.00                     -                      -
PFLUGERVILLE                Second Lien                   78,837.00              92,750.00                     -              92,750.00
GALENA PARK                 Second Lien                   62,560.00              78,200.00                     -              78,200.00
COLUMBIA                    First Lien                            -             204,900.00                     -             204,900.00
CHICAGO                     Second Lien                  159,200.00             179,100.00                     -             199,000.00
WEST LINN                   First Lien                            -             236,300.00             41,700.00             278,000.00
TOMBALL                     Second Lien                  289,422.00             321,581.00                     -             321,581.00
WEST VALLEY CIT             Second Lien                  207,060.00             258,825.00                     -             258,825.00
HOUSTON                     First Lien                            -              75,000.00                     -              75,000.00
LONG BEACH                  First Lien                            -             410,000.00                     -                      -
KISSIMMEE                   First Lien                            -             255,000.00                     -             255,000.00
KATY                        First Lien                            -             150,696.00                     -             150,696.00
TAMPA                       First Lien                            -             267,750.00             47,250.00                      -
YOUNGSTOWN                  First Lien                            -             149,900.00                     -             149,900.00
PALO                        First Lien                            -             270,000.00                     -                      -
LYNN                        First Lien                            -             265,000.00                     -                      -
TURRELL                     First Lien                            -              52,500.00                     -                      -
PEMBROKE PINES              First Lien                            -             385,000.00                     -             385,000.00
LITTLETON                   Second Lien                  187,000.00             220,000.00                     -                      -
FORT VALLEY                 First Lien                            -             212,500.00             37,500.00                      -
SAN BERNARDINO              Second Lien                  318,750.00             375,000.00                     -             375,000.00
PHENIX                      First Lien                            -             104,500.00                     -                      -
OAK PARK                    Second Lien                  296,000.00             370,000.00                     -                      -
KANSAS CITY                 First Lien                            -              80,000.00                     -              80,000.00
LONG BEACH                  First Lien                            -             900,000.00                     -                      -
WICHITA                     First Lien                            -              79,000.00                     -              79,000.00
CORONA                      First Lien                            -             363,800.00             64,200.00             428,000.00
PUTNAM CT 06260             First Lien                            -             200,000.00                     -                      -
WHITTIER AREA               First Lien                            -             340,000.00                     -                      -
QUARTZ HILL ARE             Second Lien                  607,410.00             674,900.00                     -             674,900.00
KANSAS CITY                 First Lien                            -              84,000.00                     -                      -
SAN JUAN                    First Lien                            -              56,000.00                     -                      -
NEWTON                      First Lien                            -              87,000.00                     -                      -
MAQUOKETA                   First Lien                            -             241,000.00                     -                      -
PRAIRIE CITY                First Lien                            -             269,500.00                     -                      -
KANSAS CITY                 First Lien                            -              85,000.00                     -              85,000.00
EAGLE MOUNTAIN              Second Lien                  178,500.00             210,000.00                     -                      -
YORBA LINDA                 Second Lien                  650,000.00             900,000.00                     -                      -
INGLEWOOD                   First Lien                            -             575,000.00                     -                      -
MINDEN                      First Lien                            -             199,200.00                     -             249,000.00
HOUSTON                     First Lien                            -             106,400.00             22,955.00                      -
IOLA                        First Lien                            -              67,200.00             16,800.00                      -
KANSAS CITY                 First Lien                            -              68,000.00                     -                      -
SAINT LOUIS                 First Lien                            -             102,600.00             11,400.00             114,000.00
HOUSTON                     First Lien                            -              50,000.00                     -              50,000.00
CHICAGO                     First Lien                            -             306,000.00             34,000.00             340,000.00
FORT WORTH                  First Lien                            -             127,500.00                     -             127,500.00
FLORISSANT                  First Lien                            -             175,000.00                     -                      -
KANSAS CITY                 First Lien                            -              69,500.00                     -              69,500.00
ISSAQUAH                    First Lien                            -             880,000.00                     -                      -
FRESNO                      Second Lien                  272,000.00             340,000.00                     -             340,000.00
REDMOND                     First Lien                            -             650,000.00                     -                      -
CHICAGO                     First Lien                            -             220,000.00             27,500.00             275,000.00
COSTA MESA                  First Lien                            -             620,000.00                     -                      -
TEMPE                       First Lien                            -             129,500.00                     -                      -
CARROLLTON                  First Lien                            -             176,000.00             35,000.00                      -
HOUSTON                     First Lien                            -             312,000.00             78,000.00             390,000.00
UNIC AREA OF LA             Second Lien                  340,000.00             425,000.00                     -                      -
KANSAS CITY                 First Lien                            -             135,400.00             30,500.00             165,900.00
SAINT LOUIS                 First Lien                            -             125,000.00                     -             125,000.00
OMAHA                       First Lien                            -             143,833.00                     -             143,833.00
DAVENPORT                   First Lien                            -             145,600.00             36,400.00                      -
DAVENPORT                   Second Lien                  145,600.00             182,000.00                     -                      -
LEAVENWORTH                 First Lien                            -             137,500.00                     -             137,500.00
SPANAWAY                    First Lien                            -             214,700.00                     -             226,000.00
PORT ORCHARD                First Lien                            -             178,457.00             31,492.00             209,950.00
POST FALLS                  First Lien                            -             128,000.00             32,000.00             160,000.00
POST FALLS                  Second Lien                  128,000.00             160,000.00                     -             160,000.00
IONA                        First Lien                            -             100,000.00                     -                      -
POULSBO                     First Lien                            -             247,000.00                     -                      -
BELLINGHAM                  First Lien                            -             295,000.00                     -             295,000.00
SPANAWAY                    First Lien                            -             207,000.00                     -                      -
GERVAIS                     First Lien                            -             236,000.00                     -             236,000.00
HARRISBURG                  First Lien                            -             192,000.00             48,000.00                      -
HARRISBURG                  Second Lien                  192,000.00             240,000.00                     -                      -
TACOMA                      First Lien                            -             265,000.00                     -                      -
VANCOUVER                   First Lien                            -             292,000.00                     -                      -
NORTH LAS VEGAS             First Lien                            -             248,000.00             62,000.00                      -
NORTH LAS VEGAS             Second Lien                  248,000.00             310,000.00                     -                      -
BURLINGTON                  First Lien                            -             180,800.00                     -                      -
PORT ORCHARD                First Lien                            -             332,000.00                     -                      -
ONTARIO                     First Lien                            -             195,000.00                     -             195,000.00
APPLE VALLEY                First Lien                            -             262,000.00                     -             262,000.00
120-120 1/2 41S             First Lien                            -             663,000.00            117,000.00             780,000.00
NORWALK                     First Lien                            -             540,000.00            135,000.00                      -
NORWALK                     Second Lien                  540,000.00             675,000.00                     -                      -
CARSON                      First Lien                            -             400,000.00                     -                      -
120-120 1/2 41S             Second Lien                  663,000.00             780,000.00                     -             780,000.00
LONG BEACH                  First Lien                            -             424,000.00                     -                      -
WINNETKA                    First Lien                            -             503,200.00            125,800.00             629,000.00
WINNETKA                    Second Lien                  503,200.00             629,000.00                     -             629,000.00
RIVERSIDE                   Second Lien                  228,000.00             285,000.00                     -             285,000.00
AREA OF LOS ANG             First Lien                            -             340,000.00             85,000.00                      -
LONG BEACH                  First Lien                            -             146,400.00             36,600.00             183,000.00
REDONDO BEACH               First Lien                            -             960,000.00            240,000.00                      -
SURPRISE                    First Lien                            -             265,262.00                     -             331,578.00
RANCHO CUCAMONG             First Lien                            -             423,000.00             47,000.00             470,000.00
ORANGE                      First Lien                            -             460,000.00                     -             575,000.00
ORANGE                      Second Lien                  460,000.00             575,000.00                     -             575,000.00
FONTANA                     First Lien                            -             348,000.00             87,000.00             435,000.00
(STUDIO CITY AR             First Lien                            -             950,000.00                     -             950,000.00
PALMDALE                    First Lien                            -             472,500.00             52,500.00             525,000.00
HEMET                       First Lien                            -             295,000.00                     -                      -
LOS ANGELES                 First Lien                            -             684,000.00                     -                      -
LOS ANGELES                 First Lien                            -             495,000.00             55,000.00                      -
LOS ANGELES                 First Lien                            -             302,400.00             75,600.00             378,000.00
SAN BERNARDINO              First Lien                            -             324,000.00             81,000.00             405,000.00
FONTANA                     First Lien                            -             640,000.00                     -                      -
LOS ANGELES                 First Lien                            -             531,250.00             93,750.00             625,000.00
LONG BEACH                  First Lien                            -             384,000.00                     -                      -
(LA PUENTE AREA             First Lien                            -             684,000.00             76,000.00             760,000.00
VAN NUYS AREA L             First Lien                            -             373,600.00             93,400.00             467,000.00
SAN DIMAS                   First Lien                            -             585,000.00                     -                      -
OXNARD                      First Lien                            -             432,000.00             81,000.00                      -
AREA OF HEMET               First Lien                            -             216,000.00             54,000.00             270,000.00
HESPERIA                    First Lien                            -             224,287.00             56,071.00             280,359.00
STOCKTON                    First Lien                            -             266,000.00                     -                      -
LAKEWOOD                    First Lien                            -             456,000.00            114,000.00             570,000.00
FONTANA                     First Lien                            -             300,000.00             75,000.00             375,000.00
LAWNDALE                    First Lien                            -             629,100.00             69,900.00             699,000.00
CANOGA PARK ARE             First Lien                            -             416,000.00                     -                      -
FALLBROOK                   First Lien                            -             488,000.00            122,000.00             610,000.00
LAS VEGAS                   First Lien                            -             239,200.00             59,800.00             299,000.00
LOS ANGELES                 First Lien                            -             484,500.00             85,500.00             570,000.00
COMPTON                     First Lien                            -             446,250.00             78,750.00             525,000.00
BALDWIN PARK                First Lien                            -             340,000.00             85,000.00             425,000.00
CYPRESS                     First Lien                            -             680,000.00            170,000.00             850,000.00
COMPTON                     First Lien                            -             312,720.00             78,180.00             390,900.00
LOS ANGELES                 First Lien                            -             481,500.00             53,500.00             535,000.00
LOS ANGELES                 First Lien                            -             714,000.00            126,000.00             840,000.00
LONG BEACH                  First Lien                            -             544,000.00            102,000.00                      -
LONG BEACH                  Second Lien                  544,000.00             646,000.00                     -                      -
SANTA ANA                   First Lien                            -             610,000.00                     -                      -
LOS ANGELES                 First Lien                            -             400,000.00                     -             510,000.00
SAN DIEGO                   First Lien                            -             264,000.00             66,000.00                      -
AREA OF SYLMAR              First Lien                            -             300,000.00             75,000.00             375,000.00
CHINO                       First Lien                            -             435,000.00                     -             435,000.00
AREA OF BLOOMIN             First Lien                            -             283,200.00             70,800.00                      -
LOS ANGELES                 First Lien                            -             620,000.00                     -                      -
(COMPTON AREA)              First Lien                            -             400,000.00                     -                      -
PROVO                       First Lien                            -             130,000.00                     -             130,000.00
ADELANTO                    First Lien                            -             112,000.00             28,000.00             140,000.00
KENNEWICK                   First Lien                            -              82,400.00             15,450.00             103,000.00
PORTLAND                    First Lien                            -             229,500.00                     -                      -
COEUR D ALENE               First Lien                            -             144,000.00             18,000.00                      -
EATONVILLE                  First Lien                            -             186,300.00             20,700.00             207,000.00
FEDERAL WAY                 First Lien                            -             293,400.00                     -                      -
PORTLAND                    First Lien                            -             215,000.00                     -                      -
RENTON                      First Lien                            -             403,750.00                     -                      -
SPANAWAY                    First Lien                            -             229,455.00             25,495.00             254,950.00
SPANAWAY                    Second Lien                  229,455.00             254,950.00                     -             254,950.00
SEATTLE                     First Lien                            -             280,000.00             35,000.00                      -
SUMNER                      First Lien                            -             250,000.00                     -             250,000.00
LAKE FOREST                 First Lien                            -             663,000.00                     -                      -
MARYSVILLE                  First Lien                            -             280,000.00                     -                      -
ASHFORD                     Second Lien                  135,000.00             150,000.00                     -             150,000.00
RATHDRUM                    First Lien                            -             191,250.00             33,750.00             225,000.00
ABERDEEN                    First Lien                            -              75,992.00              8,443.00              84,436.00
MILWAUKIE                   First Lien                            -             245,140.00             43,260.00             288,400.00
REDMOND                     First Lien                            -             164,000.00                     -                      -
TACOMA                      First Lien                            -             265,000.00                     -             265,000.00
PUYALLUP                    First Lien                            -             238,000.00             38,342.00             280,000.00
PUYALLUP                    First Lien                            -             397,000.00                     -                      -
KENNEWICK                   Second Lien                   82,400.00              97,850.00                     -             103,000.00
PORTLAND                    First Lien                            -             212,000.00                     -                      -
MULWAUKIE                   First Lien                            -             275,000.00                     -                      -
MALAGA                      First Lien                            -              80,000.00                     -                      -
PORT ORCHARD                First Lien                            -             158,000.00             39,500.00             197,500.00
BUCKLEY                     First Lien                            -             327,207.00             57,742.00             384,950.00
BONNEY LAKE                 First Lien                            -             238,500.00             26,500.00                      -
NAMPA                       First Lien                            -             150,000.00                     -                      -
TACOMA                      First Lien                            -             179,055.00             19,895.00             198,950.00
TACOMA                      Second Lien                  179,055.00             198,950.00                     -             198,950.00
LAKEWOOD                    First Lien                            -             306,000.00                     -                      -
OLYMPIA                     First Lien                            -             254,250.00             28,250.00             282,500.00
COEUR D ALENE               Second Lien                  144,000.00             162,000.00                     -                      -
TACOMA                      First Lien                            -             177,240.00             44,310.00             221,550.00
SPOKANE                     First Lien                            -              90,630.00             10,070.00             100,700.00
SEATTLE                     First Lien                            -             349,600.00             87,400.00             437,000.00
ABERDEEN                    First Lien                            -             139,600.00             34,900.00             174,500.00
COVINGTON                   First Lien                            -             199,200.00             49,800.00             249,000.00
TACOMA                      First Lien                            -             160,000.00             40,000.00             200,000.00
EUGENE                      First Lien                            -             296,800.00             74,200.00             371,000.00
TACOMA                      First Lien                            -             221,160.00             55,290.00             276,450.00
PHOENIX                     First Lien                            -             216,000.00                     -                      -
SUMNER                      First Lien                            -             231,300.00             25,700.00                      -
EUGENE                      First Lien                            -             135,920.00             33,980.00             169,900.00
SEATTLE                     First Lien                            -             399,200.00             99,800.00             499,000.00
WOODINVILLE                 First Lien                            -             428,000.00            107,000.00             535,000.00
TACOMA                      First Lien                            -             202,000.00             50,500.00             252,500.00
SHELTON                     First Lien                            -             249,700.00                     -             249,700.00
EVERETT                     First Lien                            -             355,000.00                     -             355,000.00
PASADENA                    Second Lien                  585,000.00             650,000.00                     -             650,000.00
SIMI VALLEY                 First Lien                            -             560,500.00                     -                      -
VICTORVILLE                 First Lien                            -             274,500.00                     -                      -
PALMDALE                    First Lien                            -             341,000.00                     -                      -
LOS ANGELES                 Second Lien                  404,100.00             449,000.00                     -             449,000.00
SAN DIEGO                   First Lien                            -             465,000.00                     -                      -
BUENA PARK                  First Lien                            -             360,000.00             90,000.00             450,000.00
TRABUCO CANYON              First Lien                            -             380,000.00                     -             380,000.00
CHATSWORTH                  First Lien                            -             620,000.00            155,000.00             775,000.00
CORONA                      Second Lien                  463,250.00             545,000.00                     -                      -
BELLFLOWER                  First Lien                            -             532,000.00                     -                      -
LOS ANGELES                 First Lien                            -             430,000.00                     -             430,000.00
HAWTHORNE                   First Lien                            -             308,000.00             38,500.00             385,000.00
IRVINE                      First Lien                            -             625,000.00                     -                      -
SANTA PAULA                 First Lien                            -             439,600.00                     -                      -
LAKEWOOD                    First Lien                            -             480,000.00                     -                      -
ALHAMBRA                    First Lien                            -             571,500.00             63,500.00             635,000.00
SACRAMENTO                  First Lien                            -             250,000.00                     -                      -
LOS ANGELES                 First Lien                            -             349,600.00             87,400.00             437,000.00
SAN BERNARDINO              First Lien                            -             265,000.00                     -             265,000.00
STOCKTON                    First Lien                            -             283,900.00             50,100.00             334,000.00
LONG BEACH                  First Lien                            -             580,000.00                     -                      -
KLAMATH FALLS               First Lien                            -              75,000.00                     -              75,000.00
BELLINGHAM                  Second Lien                  178,960.00             198,845.00                     -             198,845.00
PORTLAND                    Second Lien                  194,650.00             229,000.00                     -             229,000.00
PUYALLUP                    First Lien                            -             408,500.00                     -                      -
TACOMA                      First Lien                            -             121,720.00                     -             143,200.00
WASILLA                     Second Lien                  194,038.00             228,280.00                     -             228,280.00
SPOKANE                     First Lien                            -             131,750.00                     -                      -
WENDELL                     First Lien                            -              68,875.00                     -                      -
PAYETTE                     First Lien                            -              82,000.00                     -              82,000.00
TACOMA                      First Lien                            -             188,700.00             33,300.00             222,000.00
SUQUAMISH                   First Lien                            -             154,000.00                     -             239,000.00
PORTLAND                    First Lien                            -             178,600.00                     -             188,000.00
TACOMA                      Second Lien                  168,300.00             187,000.00                     -             187,000.00
PUYALLUP                    Second Lien                  152,550.00             169,500.00                     -             169,500.00
UNIVERSITY PLAC             First Lien                            -             259,250.00             45,750.00             305,000.00
COVINGTON                   Second Lien                  334,050.00             393,000.00                     -                      -
TWIN FALLS                  Second Lien                  151,650.00             168,500.00                     -                      -
GIG HARBOR                  First Lien                            -             386,650.00                     -                      -
SHELTON                     First Lien                            -             169,000.00                     -                      -
PORTLAND                    First Lien                            -             272,000.00                     -                      -
SPRINGFIELD                 Second Lien                  281,350.00             331,000.00                     -             331,000.00
SEDRO WOOLLEY               First Lien                            -             208,900.00                     -             208,900.00
REPUBLIC                    First Lien                            -              92,000.00                     -              92,000.00
ABERDEEN                    First Lien                            -             148,000.00                     -             148,000.00
OTHELLO                     First Lien                            -              83,000.00                     -              83,000.00
BOTHELL                     Second Lien                  202,500.00             225,000.00                     -             225,000.00
SPOKANE                     First Lien                            -             125,800.00             22,200.00             148,000.00
SPOKANE                     Second Lien                  125,800.00             148,000.00                     -             148,000.00
VALHALLA                    First Lien                            -             500,000.00                     -                      -
MONCKS CORNER               First Lien                            -             131,800.00                     -             131,800.00
BANGOR                      First Lien                            -             145,000.00                     -             145,000.00
TRENTON                     First Lien                            -             105,900.00                     -             105,900.00
LANHAM                      First Lien                            -             667,500.00                     -                      -
LOWELL                      First Lien                            -             238,500.00             13,250.00             265,000.00
LOWELL                      Second Lien                  238,500.00             251,750.00                     -             265,000.00
CALUMET CITY                First Lien                            -             137,700.00             24,300.00             162,000.00
CALUMET CITY                Second Lien                  137,700.00             162,000.00                     -             162,000.00
TOWER CITY                  First Lien                            -             165,000.00                     -             165,000.00
MARKHAM                     First Lien                            -             142,000.00                     -             142,000.00
SAINT CLAIR SHO             First Lien                            -              90,525.00                     -                      -
ATLANTA                     First Lien                            -             120,000.00             15,000.00             150,000.00
MONTICELLO                  Second Lien                  168,000.00             210,000.00                     -                      -
NORRIDGE                    First Lien                            -             715,000.00                     -             715,000.00
BROOKLYN PARK               First Lien                            -             159,200.00             39,800.00             199,000.00
DETROIT                     First Lien                            -              57,500.00             10,000.00              75,000.00
DETROIT                     Second Lien                   57,500.00              67,500.00                     -              75,000.00
CANTON                      First Lien                            -             204,800.00                     -                      -
BOYNTON BEACH               First Lien                            -             123,500.00                     -             123,500.00
CHICAGO                     First Lien                            -             575,000.00                     -             575,000.00
DECATUR                     First Lien                            -             168,000.00                     -             168,000.00
GARY                        First Lien                            -             168,300.00             29,700.00             198,000.00
GARY                        Second Lien                  168,300.00             198,000.00                     -             198,000.00
HAMPTON                     First Lien                            -             125,000.00                     -             125,000.00
ADDISON                     First Lien                            -             255,000.00                     -             255,000.00
PALATINE                    First Lien                            -             302,100.00                     -             318,000.00
ROBBINSDALE                 Second Lien                  207,400.00             244,000.00                     -                      -
LITTLE FALLS                First Lien                            -             163,000.00                     -             163,000.00
PRINCETON                   First Lien                            -             150,806.00                     -             150,806.00
BROOKLYN PARK               First Lien                            -             220,000.00                     -                      -
BROOKLYN PARK               Second Lien                  220,000.00             275,000.00                     -                      -
LAND O LAKES                First Lien                            -             266,050.00                     -                      -
CHASKA                      First Lien                            -             148,000.00             37,000.00             185,000.00
SAINT PAUL                  First Lien                            -             155,000.00                     -             155,000.00
HANOVER PARK                First Lien                            -             167,000.00                     -             167,000.00
BUCKEYE                     First Lien                            -             215,646.00                     -             215,646.00
KINGMAN                     First Lien                            -             102,000.00             18,000.00             120,000.00
LAS VEGAS                   First Lien                            -             919,600.00            229,900.00           1,149,000.00
PHOENIX                     First Lien                            -             304,650.00             76,167.00             380,837.00
KANSAS CITY                 First Lien                            -              81,600.00             14,400.00              96,000.00
KANSAS CITY                 Second Lien                   81,600.00              96,000.00                     -              96,000.00
DETROIT                     Second Lien                   82,400.00             103,000.00                     -             103,000.00
CHADWICK                    First Lien                            -             116,500.00                     -             116,500.00
RICHMOND                    First Lien                            -             128,000.00             32,000.00             160,000.00
NEW BEDFORD                 First Lien                            -             145,000.00                     -             145,000.00
RICHMOND                    First Lien                            -             205,000.00                     -             205,000.00
COLUMBIA                    First Lien                            -             150,425.00                     -             150,425.00
BANGOR                      First Lien                            -             135,000.00                     -             135,000.00
NASHUA                      First Lien                            -             289,000.00                     -                      -
CHARLOTTE                   First Lien                            -             110,892.00                     -             138,615.00
DETROIT                     First Lien                            -              50,000.00                     -                      -
CROWLEY                     First Lien                            -             124,335.00             21,941.00             146,277.00
MIAMI                       First Lien                            -             249,900.00             44,100.00                      -
RIDGELAND                   First Lien                            -              50,000.00             10,300.00              67,000.00
RAILROAD FLAT               First Lien                            -             191,250.00                     -                      -
LANCASTER                   First Lien                            -             106,210.00                     -             106,210.00
RIDGELAND                   Second Lien                   50,000.00              60,300.00                     -              67,000.00
HALSTEAD                    First Lien                            -             103,700.00                     -                      -
GILBERT                     First Lien                            -             278,550.00             69,600.00             348,244.00
GILBERT                     Second Lien                  278,550.00             348,150.00                     -             348,244.00
DETROIT                     First Lien                            -              82,400.00             20,600.00             103,000.00
BRYAN                       First Lien                            -             111,250.00                     -             111,250.00
LITTLE RIVER AC             First Lien                            -             138,372.00             34,593.00             172,965.00
SAN ANTONIO                 First Lien                            -              63,700.00                     -              63,700.00
LAREDO                      First Lien                            -              82,800.00             20,700.00                      -
LAREDO                      Second Lien                   82,800.00             103,500.00                     -                      -
HOUSTON                     First Lien                            -             103,900.00                     -             103,900.00
KINGWOOD                    First Lien                            -             140,400.00                     -             140,400.00
HOUSTON                     First Lien                            -             119,000.00                     -             119,000.00
BAYTOWN                     First Lien                            -              52,500.00             10,500.00              70,000.00
LA PORTE                    First Lien                            -             109,000.00                     -             109,000.00
BAYTOWN                     Second Lien                   52,500.00              63,000.00                     -              70,000.00
BACLIFF                     First Lien                            -              90,000.00                     -              90,000.00
HOUSTON                     First Lien                            -             124,000.00                     -             124,000.00
AUSTIN                      First Lien                            -             116,000.00                     -             116,000.00
DEER PARK                   First Lien                            -             144,730.00             25,541.00             170,271.00
FORT WORTH                  First Lien                            -             153,100.00                     -             153,100.00
FORT WORTH                  First Lien                            -             175,000.00                     -             175,000.00
COLUMBIA                    First Lien                            -             109,000.00                     -             109,000.00
JENKS                       First Lien                            -             221,400.00                     -             221,400.00
MONCKS CORNER               First Lien                            -             153,300.00                     -                      -
EL PASO                     First Lien                            -              88,750.00                     -              88,750.00
SAN ANTONIO                 First Lien                            -             127,000.00                     -             127,000.00
CARROLLTON                  First Lien                            -             116,800.00                     -                      -
CARROLLTON                  First Lien                            -             143,500.00                     -             143,500.00
GARLAND                     First Lien                            -             115,000.00                     -             115,000.00
EL PASO                     First Lien                            -             105,000.00                     -             105,000.00
BOLIVAR                     First Lien                            -              96,000.00             24,000.00             120,000.00
ARLINGTON                   First Lien                            -              98,500.00                     -              98,500.00
DALLAS                      First Lien                            -              64,800.00             12,150.00              81,000.00
MEMPHIS                     First Lien                            -             123,600.00             30,900.00             154,500.00
HITCHCOCK                   First Lien                            -             166,550.00                     -             166,550.00
DESOTO                      First Lien                            -             185,500.00                     -             185,500.00
ATHENS                      First Lien                            -             176,000.00                     -             176,000.00
BOWIE                       First Lien                            -              95,000.00                     -              95,000.00
BEDFORD                     First Lien                            -             169,943.00             42,486.00             212,429.00
DENISON                     First Lien                            -              65,000.00                     -              65,000.00
SAN MARCOS                  First Lien                            -             544,000.00            115,600.00                      -
CEDAR HILL                  First Lien                            -              95,000.00                     -             100,000.00
GLENN HEIGHTS               First Lien                            -             100,000.00                     -                      -
IRVING                      First Lien                            -             122,900.00                     -             122,900.00
PRYOR                       Second Lien                   71,600.00              89,500.00                     -              89,500.00
ROWLETT                     First Lien                            -              99,200.00             24,800.00             124,000.00
BURLESON                    First Lien                            -             107,300.00                     -             107,300.00
BOWIE                       First Lien                            -             110,000.00                     -             110,000.00
BALCH SPRINGS               First Lien                            -             143,169.00             25,266.00             168,435.00
BALCH SPRINGS               Second Lien                  143,169.00             168,435.00                     -             168,435.00
MCKINNEY                    First Lien                            -             256,950.00                     -             256,950.00
DALLAS                      First Lien                            -             135,900.00                     -             135,900.00
WICHITA FALLS               First Lien                            -              88,000.00                     -                      -
FORT WORTH                  First Lien                            -             101,573.00             19,045.00             126,967.00
GRAND PRAIRIE               First Lien                            -              78,440.00                     -              78,440.00
BOWIE                       First Lien                            -             288,000.00                     -             288,000.00
GULFPORT                    First Lien                            -             120,000.00                     -             120,000.00
MAYNARDVILLE                First Lien                            -              84,900.00                     -              84,900.00
VILONIA                     First Lien                            -              63,600.00                     -              63,600.00
EL PASO                     First Lien                            -             228,000.00             57,000.00             285,000.00
FORT WORTH                  First Lien                            -             129,132.00                     -             129,132.00
VICTORIA                    First Lien                            -              87,900.00                     -              87,900.00
LOWRY CROSSING              First Lien                            -             178,700.00                     -             178,700.00
HAYDEN                      First Lien                            -             290,250.00                     -                      -
TELEPHONE                   First Lien                            -              59,900.00                     -              59,900.00
GRAND PRAIRIE               First Lien                            -             113,000.00                     -             113,000.00
HOUSTON                     First Lien                            -              50,000.00                     -                      -
STANHOPE                    First Lien                            -             133,000.00                     -             133,000.00
PORT NECHES                 First Lien                            -              57,240.00                     -              57,240.00
RICHMOND                    First Lien                            -             167,447.00                     -             167,447.00
DALLAS                      First Lien                            -             136,550.00                     -             136,550.00
SAN ANTONIO                 First Lien                            -             124,700.00                     -             124,700.00
WILLIS                      First Lien                            -             211,225.00             37,275.00             248,500.00
KYLE                        First Lien                            -             154,240.00                     -             154,240.00
HUMBLE                      First Lien                            -             104,720.00             18,481.00             123,201.00
HUNTSVILLE                  First Lien                            -             112,100.00                     -             112,100.00
WILLIS                      First Lien                            -             119,920.00             29,980.00             149,900.00
HOUSTON                     First Lien                            -              50,000.00                     -              50,000.00
KATY                        First Lien                            -              86,500.00                     -              86,500.00
HORIZON CITY                First Lien                            -             164,000.00                     -             164,000.00
NEW BRAUNFELS               First Lien                            -             133,750.00                     -             133,750.00
PASADENA                    First Lien                            -             121,900.00                     -             121,900.00
HOUSTON                     First Lien                            -             113,000.00                     -             113,000.00
LEANDER                     First Lien                            -             158,500.00                     -             158,500.00
S. OGDEN                    First Lien                            -             111,900.00                     -             111,900.00
BILLINGS                    First Lien                            -             210,000.00                     -             210,000.00
TOOELE                      First Lien                            -             147,000.00                     -             147,000.00
LEHI                        First Lien                            -             313,297.00             78,325.00             391,622.00
WEST VALLEY                 First Lien                            -             150,000.00                     -             150,000.00
SAINT GEORGE                First Lien                            -             229,000.00                     -             229,000.00
COLORADO SPRING             First Lien                            -             385,000.00                     -             385,000.00
WALDORF                     First Lien                            -             206,100.00             22,900.00             229,000.00
OWINGS MILLS                First Lien                            -             310,000.00                     -                      -
CHICAGO                     First Lien                            -             229,500.00             40,500.00             270,000.00
CHICAGO                     Second Lien                  229,500.00             270,000.00                     -             270,000.00
GLENDALE HEIGHT             First Lien                            -              89,100.00                     -              89,100.00
LA MARQUE                   First Lien                            -             156,898.00             27,688.00             184,586.00
LAKE JACKSON                Second Lien                  156,898.00             184,586.00                     -             184,586.00
EL PASO                     First Lien                            -              92,000.00                     -              92,000.00
SHOREACRES                  First Lien                            -             168,530.00                     -             177,400.00
EDINBURG                    Second Lien                   88,000.00             105,000.00                     -                      -
HOUSTON                     First Lien                            -             129,400.00                     -             129,400.00
MONTGOMERY                  First Lien                            -              95,000.00                     -              95,000.00
ANGLETON                    First Lien                            -             151,000.00                     -             151,000.00
HOUSTON                     First Lien                            -              85,000.00                     -              85,000.00
MAGNOLIA                    First Lien                            -             149,000.00                     -             149,000.00
LEADWOOD                    First Lien                            -              50,250.00                     -                      -
ST. LOUIS                   First Lien                            -              86,000.00                     -                      -
LINCOLN                     First Lien                            -              96,500.00                     -                      -
MILFORD                     First Lien                            -             193,500.00                     -             215,000.00
SAINT LOUIS                 First Lien                            -              60,000.00             15,000.00              75,000.00
JESUP                       First Lien                            -             186,067.00                     -             206,742.00
LEAVENWORTH                 Second Lien                   93,500.00             110,000.00                     -                      -
MASON CITY                  First Lien                            -              85,500.00                     -                      -
INDEPENDENCE                First Lien                            -             118,000.00                     -             118,000.00
KANSAS CITY                 First Lien                            -              73,600.00                     -                      -
ST. LOUIS                   First Lien                            -              55,250.00                     -                      -
BLAIR                       First Lien                            -             100,500.00                     -             100,500.00
KANSAS CITY                 First Lien                            -              94,118.00                     -              94,118.00
DES MOINES                  First Lien                            -              76,600.00                     -              76,600.00
OMAHA                       First Lien                            -             121,600.00                     -                      -
RAYMORE                     First Lien                            -             150,000.00                     -             187,500.00
SAINT LOUIS                 First Lien                            -              96,000.00                     -              96,000.00
FREEBURG                    First Lien                            -              94,000.00             23,500.00             117,500.00
COUNCIL BLUFFS              First Lien                            -              98,000.00                     -              98,000.00
OLATHE                      First Lien                            -             143,650.00             25,350.00                      -
ST. LOUIS                   Second Lien                7,990,000.00           8,004,100.00                     -              94,000.00
CANTON                      First Lien                            -              53,000.00                     -              53,000.00
SIBLEY                      First Lien                            -              69,000.00                     -              69,000.00
SAINT LOUIS                 First Lien                            -              60,000.00             15,000.00              75,000.00
TIFFIN                      First Lien                            -              87,000.00                     -                      -
LEE'S SUMMIT                First Lien                            -             277,950.00                     -             277,950.00
KANSAS CITY                 First Lien                            -              81,600.00                     -                      -
KANSAS CITY                 First Lien                            -              52,000.00             13,000.00              65,000.00
SAINT LOUIS                 First Lien                            -             110,700.00             12,300.00             123,000.00
COUNCIL BLUFFS              First Lien                            -              75,000.00                     -              75,000.00
KANSAS CITY                 First Lien                            -              69,600.00             17,400.00              87,000.00
SAINT LOUIS                 First Lien                            -              65,200.00             16,300.00              81,500.00
KANSAS CITY                 First Lien                            -              72,250.00             12,750.00              85,000.00
ST. LOUIS                   First Lien                            -              73,000.00                     -              73,000.00
LEON                        First Lien                            -             151,050.00                     -                      -
BELLEVUE                    First Lien                            -              68,000.00                     -              68,000.00
WICHITA                     First Lien                            -              56,900.00                     -              56,900.00
KANSAS CITY                 First Lien                            -             256,500.00                     -                      -
KANSAS CITY                 First Lien                            -              67,000.00                     -              67,000.00
OMAHA                       First Lien                            -             198,000.00             22,000.00             220,000.00
KANSAS CITY                 First Lien                            -             150,000.00                     -             150,000.00
OVERLAND PARK               First Lien                            -             141,000.00                     -             141,000.00
HUTCHINSON                  First Lien                            -             144,500.00                     -                      -
BATES CITY                  First Lien                            -             238,500.00                     -                      -
COSBY                       First Lien                            -             160,000.00                     -             160,000.00
WENATCHEE                   First Lien                            -             157,225.00                     -                      -
WEST LINN                   First Lien                            -             429,250.00                     -                      -
BREMERTON                   First Lien                            -             342,000.00                     -                      -
PORTLAND                    Second Lien                  172,550.00             203,000.00                     -             203,000.00
CAMARILLO                   Second Lien                  823,500.00             915,000.00                     -             915,000.00
QUARTZ HILL ARE             First Lien                            -             607,410.00             67,490.00             674,900.00
CARSON                      Second Lien                  279,000.00             310,000.00                     -             310,000.00
APPLE VALLEY AR             Second Lien                  254,915.00             299,900.00                     -             299,900.00
BUENA PARK                  First Lien                            -             584,250.00                     -                      -
QUARTZ HILL ARE             First Lien                            -             290,000.00                     -                      -
WILMINGTON AREA             Second Lien                  571,500.00             635,000.00                     -             635,000.00
LOS ANGELES                 First Lien                            -             455,200.00            113,800.00             569,000.00
ADELANTO                    First Lien                            -             276,000.00                     -                      -
LANCASTER AREA              First Lien                            -             316,800.00                     -                      -
NIPOMO                      Second Lien                  610,300.00             718,000.00                     -             718,000.00
CORONA                      First Lien                            -             479,900.00                     -             479,900.00
VENTURA (AREA O             First Lien                            -             652,000.00                     -             815,000.00
NORTHRIDGE AREA             First Lien                            -             300,000.00                     -                      -
NORTHRIDGE AREA             First Lien                            -             850,000.00                     -                      -
WOODLAND HILLS              First Lien                            -             700,000.00                     -                      -
POMONA                      First Lien                            -             348,000.00             87,000.00             435,000.00
VICTORVILLE                 First Lien                            -             331,700.00             82,926.00             414,626.00
HEMET                       Second Lien                  260,000.00             325,000.00                     -             325,000.00
MATTAWA                     Second Lien                  106,250.00             125,000.00                     -             125,000.00
COEUR D ALENE               First Lien                            -             145,000.00                     -             145,000.00
IDAHO FALLS                 Second Lien                   94,500.00             105,000.00                     -             105,000.00
SPOKANE                     First Lien                            -             104,000.00             26,000.00             130,000.00
EVERETT                     Second Lien                  279,000.00             310,000.00                     -             310,000.00
SPOKANE                     Second Lien                  100,300.00             118,000.00                     -             118,000.00
KANSAS CITY                 First Lien                            -              65,000.00                     -              65,000.00
CEDAR RAPIDS                First Lien                            -              77,000.00                     -              77,000.00
OVERLAND PARK               First Lien                            -             138,000.00                     -             138,000.00
DES MOINES                  First Lien                            -             147,000.00                     -             147,000.00
MAQUOKETA                   First Lien                            -              77,500.00                     -              77,500.00
ST. PETERS                  First Lien                            -             125,000.00                     -                      -
GARDNER                     First Lien                            -             151,300.00                     -                      -
ABBYVILLE                   First Lien                            -              82,000.00                     -                      -
ST. LOUIS                   First Lien                            -             109,500.00                     -             109,500.00
DES MOINES                  First Lien                            -              90,000.00                     -              90,000.00
MAQUOKETA                   First Lien                            -              68,500.00                     -              68,500.00
KANSAS CITY                 First Lien                            -              92,700.00             10,300.00             103,000.00
PERRY                       First Lien                            -             132,500.00                     -             132,500.00
OVERLAND PARK               First Lien                            -             123,900.00                     -             123,900.00
OLATHE                      First Lien                            -             182,000.00                     -                      -
KANSAS CITY                 First Lien                            -              90,000.00                     -              90,000.00
GRANDVIEW                   First Lien                            -             136,000.00                     -                      -
ADAIR                       First Lien                            -              80,000.00                     -                      -
ASHLAND                     First Lien                            -             248,000.00                     -                      -
KANSAS CITY                 First Lien                            -             112,000.00                     -                      -
VIOLA                       First Lien                            -             248,000.00                     -                      -
GRAIN VALLEY                Second Lien                  143,225.00             168,500.00                     -             168,500.00
MAQUOKETA                   First Lien                            -              66,000.00                     -              66,000.00
COLORADO SPRING             First Lien                            -             160,000.00                     -             160,000.00
KANSAS CITY                 Second Lien                  228,273.00             268,556.00                     -             268,556.00
CRESTON                     First Lien                            -              80,000.00                     -              80,000.00
COVINGTON                   First Lien                            -             253,000.00                     -                      -
ELIZABETH CITY              First Lien                            -             106,400.00                     -             112,000.00
FORT WALTON BEA             First Lien                            -             120,000.00                     -                      -
ATLANTA                     First Lien                            -             199,000.00                     -             199,000.00
MCHENRY                     First Lien                            -             174,325.00                     -             183,500.00
HIALEAH                     First Lien                            -             350,000.00                     -                      -
LITHONIA                    First Lien                            -             114,985.00                     -             114,985.00
ORLANDO                     First Lien                            -             216,000.00                     -             216,000.00
PORT SAINT LUCI             First Lien                            -             238,000.00                     -             280,000.00
CLERMONT                    First Lien                            -             268,000.00                     -                      -
MIAMI                       First Lien                            -             250,000.00                     -                      -
CHICAGO                     First Lien                            -             225,000.00                     -             250,000.00
NORTH AUGUSTA               First Lien                            -             133,600.00                     -                      -
ATLANTA                     First Lien                            -             180,000.00                     -             180,000.00
SUNRISE                     First Lien                            -             366,600.00                     -             458,250.00
ATLANTA                     First Lien                            -             196,000.00                     -                      -
NORTHBROOK                  First Lien                            -             635,000.00                     -             635,000.00
SNELLVILLE                  First Lien                            -             217,000.00                     -             217,000.00
CAROL STREAM                First Lien                            -             300,000.00             75,000.00             375,000.00
ELLENWOOD                   First Lien                            -             181,400.00                     -             181,400.00
TAMPA                       First Lien                            -             193,000.00                     -             193,000.00
COVINGTON                   First Lien                            -             126,750.00                     -             126,750.00
NEWNAN                      First Lien                            -             194,400.00                     -             216,000.00
ELLENWOOD                   First Lien                            -             181,000.00                     -             181,000.00
ORANGE PARK                 First Lien                            -             548,511.00            137,000.00             685,639.00
SCOTTSDALE                  Second Lien                  830,858.00             977,480.00                     -                      -
CASA GRANDE                 Second Lien                  155,776.00             183,266.00                     -             183,267.00
PHOENIX                     First Lien                            -             276,548.00             48,800.00             325,351.00
CASA GRANDE                 Second Lien                  161,692.00             190,225.00                     -             190,226.00
QUEEN CREEK                 Second Lien                  144,849.00             170,410.00                     -             170,411.00
PHOENIX                     First Lien                            -             237,500.00                     -             237,500.00
SURPRISE                    Second Lien                  314,500.00             370,000.00                     -             370,000.00
TUCSON                      Second Lien                  102,085.00             120,100.00                     -             120,100.00
QUEEN CREEK                 First Lien                            -             192,000.00             48,000.00             240,000.00
CASA GRANDE                 First Lien                            -             165,000.00                     -             165,000.00
NORTH LAS VEGAS             Second Lien                  227,800.00             268,000.00                     -             268,000.00
LAS VEGAS                   First Lien                            -             229,500.00             40,500.00                      -
GOLD CANYON                 First Lien                            -             396,000.00             44,000.00             440,000.00
MAYER                       First Lien                            -             140,000.00                     -             140,000.00
QUEEN CREEK                 First Lien                            -             172,541.00                     -             202,990.00
KINGMAN                     Second Lien                   79,050.00              93,000.00                     -              93,000.00
TUCSON                      First Lien                            -             175,000.00                     -             175,000.00
SURPRISE                    Second Lien                  186,915.00             219,900.00                     -             219,900.00
CASA GRANDE                 Second Lien                  189,463.00             222,898.00                     -             222,898.00
LAS VEGAS                   First Lien                            -             276,250.00             24,750.00                      -
GOODYEAR                    First Lien                            -             224,145.00             39,555.00             263,700.00
SURPRISE                    First Lien                            -             442,000.00             47,000.00                      -
TOLLESON                    First Lien                            -             198,548.00             35,037.00             233,586.00
MESA                        First Lien                            -             131,750.00             23,250.00             155,000.00
QUEEN CREEK                 First Lien                            -             147,110.00             25,960.00             173,071.00
LAS VEGAS                   Second Lien                  161,500.00             190,000.00                     -             190,000.00
QUEEN CREEK                 Second Lien                  135,224.00             159,087.00                     -             159,088.00
CASA GRANDE                 First Lien                            -             146,511.00             25,854.00             172,366.00
LAS VEGAS                   First Lien                            -             219,000.00                     -                      -
AVONDALE                    First Lien                            -             208,250.00             36,750.00             245,000.00
FORT MOHAVE                 First Lien                            -             195,500.00             34,500.00             230,000.00
QUEEN CREEK                 First Lien                            -             156,656.00             27,645.00             184,302.00
GLENDALE                    First Lien                            -             203,915.00             35,985.00             239,900.00
SURPRISE                    First Lien                            -             435,290.00             76,816.00             512,107.00
NORTH LAS VEGAS             First Lien                            -             181,000.00                     -                      -
SEDONA                      First Lien                            -             480,000.00            120,000.00             600,000.00
LAS VEGAS                   First Lien                            -             224,000.00             56,000.00             280,000.00
PHOENIX                     First Lien                            -             205,000.00                     -             205,000.00
PHOENIX                     First Lien                            -             224,550.00             56,137.00             280,688.00
PHOENIX                     First Lien                            -             129,000.00                     -                      -
QUEEN CREEK                 First Lien                            -             178,168.00             44,542.00             222,711.00
QUEEN CREEK                 First Lien                            -             139,177.00             34,794.00             173,972.00
QUEEN CREEK                 First Lien                            -             157,996.00             39,499.00             197,495.00
SAHUARITA                   First Lien                            -             227,200.00             56,800.00             284,000.00
AMADO                       First Lien                            -              96,600.00                     -                      -
TUCSON                      First Lien                            -             141,950.00                     -                      -
PHOENIX                     First Lien                            -             185,000.00                     -             185,000.00
LAVEEN                      First Lien                            -             135,920.00             33,980.00             169,900.00
SURPRISE                    First Lien                            -             303,472.00             75,868.00             379,340.00
PEORIA                      First Lien                            -             152,000.00                     -             190,000.00
SURPRISE                    First Lien                            -             242,000.00                     -                      -
QUEEN CREEK                 First Lien                            -             137,182.00             34,296.00             171,478.00
KINGMAN                     First Lien                            -             179,100.00                     -             199,000.00
PHOENIX                     First Lien                            -             256,450.00                     -                      -
KANSAS CITY                 First Lien                            -              85,000.00                     -                      -
INDEPENDENCE                First Lien                            -              78,000.00                     -                      -
CHARLES CITY                First Lien                            -              84,915.00                     -                      -
INDEPENDENCE                First Lien                            -              59,500.00                     -                      -
KANSAS CITY                 First Lien                            -              50,000.00                     -              50,000.00
SENECA                      Second Lien                   93,500.00             110,000.00                     -                      -
LEAVENWORTH                 First Lien                            -             103,500.00             11,500.00             115,000.00
KANSAS CITY                 First Lien                            -              82,000.00                     -              82,000.00
DES MOINES                  First Lien                            -             122,500.00                     -             122,500.00
COUNCIL BLUFFS              Second Lien                  174,250.00             205,000.00                     -                      -
KANSAS CITY                 First Lien                            -              52,000.00             13,000.00              65,000.00
PALATINE                    First Lien                            -             157,000.00                     -             157,000.00
PORT CHARLOTTE              First Lien                            -             203,575.00                     -                      -
ATLANTA                     First Lien                            -             210,000.00                     -             210,000.00
CHICAGO                     First Lien                            -             356,000.00                     -             356,000.00
ATLANTA                     First Lien                            -             365,000.00                     -             365,000.00
ST CLAIR SHORES             First Lien                            -             123,000.00                     -             123,000.00
CHICAGO                     First Lien                            -             300,000.00                     -                      -
LITHONIA                    Second Lien                  416,500.00             490,000.00                     -             490,000.00
JACKSON                     First Lien                            -             149,900.00                     -             149,900.00
AURORA                      First Lien                            -             115,000.00                     -             115,000.00
HOFFMAN ESTATES             First Lien                            -             275,500.00                     -             275,500.00
COON RAPIDS                 First Lien                            -             176,800.00             44,200.00             221,000.00
PLAINFIELD                  First Lien                            -             197,000.00                     -             197,000.00
SCHAUMBURG                  First Lien                            -             201,000.00                     -             201,000.00
JACKSONVILLE                First Lien                            -              81,000.00                     -                      -
DETROIT                     First Lien                            -              60,000.00                     -              75,000.00
RUFFIN                      First Lien                            -             124,000.00                     -                      -
TITUSVILLE                  First Lien                            -             150,000.00                     -                      -
ROSEVILLE                   First Lien                            -             105,000.00                     -             105,000.00
LAKELAND                    First Lien                            -             159,000.00                     -                      -
CHICAGO                     First Lien                            -             205,000.00                     -             205,000.00
RIVERDALE                   First Lien                            -             130,000.00                     -                      -
CHICAGO                     First Lien                            -             384,000.00                     -                      -
CHICAGO HEIGHTS             First Lien                            -             135,000.00                     -             135,000.00
ROCKMART                    First Lien                            -             103,500.00                     -                      -
BOGART                      First Lien                            -             112,000.00                     -                      -
EVANSVILLE                  First Lien                            -              69,900.00                     -              69,900.00
DETROIT                     First Lien                            -             116,100.00                     -             129,000.00
GAINESVILLE                 First Lien                            -             234,000.00                     -             234,000.00
MIRAMAR                     First Lien                            -             990,000.00                     -                      -
MAYWOOD                     First Lien                            -             204,000.00                     -                      -
CHICAGO                     First Lien                            -             255,600.00             31,950.00             319,500.00
ROSEMONT                    First Lien                            -             125,000.00                     -             125,000.00
NEWAYGO                     First Lien                            -             106,250.00                     -                      -
NEWAYGO                     Second Lien                  106,250.00             125,000.00                     -                      -
ATLANTA                     Second Lien                  288,000.00             324,000.00                     -             360,000.00
HARVEY                      First Lien                            -              90,000.00                     -                      -
CHICAGO                     First Lien                            -             209,900.00                     -             209,900.00
MILTON                      First Lien                            -              85,000.00                     -                      -
WOODRIDGE                   First Lien                            -             119,920.00             29,980.00             149,900.00
ST LOUIS PARK               First Lien                            -             178,415.00             20,990.00             209,900.00
HIGH POINT                  First Lien                            -              73,800.00                     -              73,800.00
BELLEVILLE                  First Lien                            -             236,700.00                     -             263,000.00
CONYERS                     First Lien                            -             400,000.00                     -             400,000.00
COVINGTON                   Second Lien                  100,300.00             118,000.00                     -             118,000.00
VALDOSTA                    First Lien                            -              73,000.00                     -              73,000.00
DEFUNIAK SPRING             First Lien                            -             157,000.00                     -             157,000.00
CHICAGO                     First Lien                            -             420,000.00                     -             420,000.00
MACOMB                      First Lien                            -             198,000.00                     -                      -
HIALEAH                     First Lien                            -             101,000.00                     -                      -
ELK RIVER                   First Lien                            -             392,000.00                     -             392,000.00
LAFAYETTE                   First Lien                            -             107,845.00                     -             107,845.00
GATESVILLE                  First Lien                            -             136,000.00                     -             136,000.00
AUGUSTA                     First Lien                            -              77,350.00                     -                      -
MOUNT PROSPECT              First Lien                            -             395,000.00                     -             395,000.00
ROCHELLE                    First Lien                            -             137,500.00                     -             137,500.00
MOUNT VERNON                First Lien                            -             112,500.00                     -                      -
DETROIT                     First Lien                            -              72,500.00                     -              72,500.00
TAMPA                       Second Lien                  267,750.00             315,000.00                     -                      -
TEMPLE                      First Lien                            -             128,000.00                     -                      -
DOUGLASVILLE                Second Lien                  150,400.00             169,200.00                     -                      -
ROSELLE                     First Lien                            -             348,000.00             43,500.00             435,000.00
ELMORE                      First Lien                            -              67,500.00                     -              67,500.00
CROSS                       First Lien                            -             142,800.00             25,200.00             168,000.00
LECANTO                     Second Lien                  200,000.00             250,000.00                     -             250,000.00
DECATUR                     First Lien                            -             138,000.00                     -                      -
AUBURN HILLS                First Lien                            -             241,180.00                     -             241,180.00
LOUISVILLE                  First Lien                            -              70,300.00                     -              70,300.00
GLENDALE HEIGHT             First Lien                            -             256,000.00                     -                      -
RIVERVIEW                   Second Lien                  167,200.00             209,000.00                     -             209,000.00
SOUTH HOLLAND               First Lien                            -             224,910.00             24,990.00             249,900.00
CHICAGO                     First Lien                            -             395,000.00                     -                      -
MAYWOOD                     First Lien                            -              67,000.00                     -                      -
CHICAGO                     First Lien                            -             349,500.00                     -             349,500.00
LILBURN                     First Lien                            -             124,000.00                     -             124,000.00
DEERFIELD                   First Lien                            -             620,500.00                     -                      -
NEW PORT RICHEY             First Lien                            -             198,000.00             49,500.00             247,500.00
GLENWOOD                    First Lien                            -             185,250.00                     -                      -
INDIANAPOLIS                First Lien                            -              93,415.00             10,990.00             109,900.00
UNION                       First Lien                            -              89,000.00                     -              89,000.00
CHICAGO                     First Lien                            -             328,000.00                     -                      -
SANFORD                     First Lien                            -             211,800.00                     -             211,800.00
ORLAND PARK                 First Lien                            -             340,000.00                     -                      -
ELGIN                       First Lien                            -             200,000.00                     -                      -
BELLWOOD                    First Lien                            -             186,300.00                     -             207,000.00
JOLIET                      First Lien                            -              93,500.00                     -                      -
STERLING HEIGHT             First Lien                            -             262,000.00                     -                      -
IXONIA                      First Lien                            -             208,800.00             52,200.00             261,000.00
BERWYN                      First Lien                            -             150,000.00                     -             150,000.00
WHEATON                     First Lien                            -             700,000.00                     -             700,000.00
SAUK VILLAGE                First Lien                            -             112,000.00                     -             112,000.00
GRAND RAPIDS                First Lien                            -             113,900.00                     -             113,900.00
CHICAGO                     First Lien                            -             305,000.00                     -             305,000.00
CHICAGO                     First Lien                            -             272,000.00                     -                      -
CHICAGO HEIGHTS             First Lien                            -             112,400.00                     -             112,400.00
DETROIT                     First Lien                            -              98,000.00                     -              98,000.00
HAZEL PARK                  First Lien                            -             123,250.00                     -                      -
ROCKFORD                    First Lien                            -              71,315.00             12,585.00              83,900.00
HOLIDAY                     First Lien                            -             126,000.00                     -                      -
WESTCHESTER                 First Lien                            -             253,000.00                     -             253,000.00
MACHESNEY PARK              First Lien                            -              88,650.00                     -              98,500.00
CUMMING                     First Lien                            -             457,000.00                     -                      -
BRADENTON                   First Lien                            -             128,000.00                     -                      -
GLENN DALE                  First Lien                            -             340,000.00                     -             340,000.00
CHARLOTTE                   First Lien                            -             180,735.00                     -             180,735.00
COLLEGE PARK                First Lien                            -              80,000.00                     -              80,000.00
MONTGOMERY                  First Lien                            -             342,000.00                     -                      -
BANGOR                      First Lien                            -             167,000.00                     -             167,000.00
ROCHESTER HILLS             First Lien                            -             355,000.00                     -                      -
FOX LAKE                    First Lien                            -             153,000.00                     -                      -
ULEN                        First Lien                            -              95,000.00                     -                      -
STONE MOUNTAIN              First Lien                            -             235,000.00                     -                      -
ROCKMART                    First Lien                            -             114,000.00             28,500.00             142,500.00
ROCKMART                    Second Lien                  114,000.00             142,500.00                     -             142,500.00
SALEM                       First Lien                            -              61,900.00                     -              61,900.00
PROVIDENCE                  First Lien                            -             138,000.00                     -             138,000.00
REDDICK                     First Lien                            -              90,400.00                     -                      -
CHICAGO HEIGHTS             First Lien                            -             255,000.00                     -             255,000.00
HUDSON                      First Lien                            -              99,640.00                     -              99,640.00
KENDUSKEAG                  First Lien                            -             100,800.00             25,200.00             126,000.00
SKOWHEGAN                   First Lien                            -             143,800.00                     -             143,800.00
STAFFORD                    First Lien                            -             337,500.00                     -                      -
AGAWAM                      First Lien                            -             278,400.00                     -                      -
NEW LENOX                   First Lien                            -             254,400.00                     -                      -
UPPER MARLBORO              First Lien                            -             336,800.00             84,000.00             421,000.00
BRIDGEVIEW                  First Lien                            -             109,000.00                     -                      -
WASHINGTON                  First Lien                            -             260,000.00             65,000.00             325,000.00
MAPLEWOOD                   Second Lien                  352,000.00             440,000.00                     -             440,000.00
BROOKLINE                   First Lien                            -             186,000.00                     -                      -
3EST WARWICK                Second Lien                  191,165.00             224,900.00                     -             224,900.00
WESTBROOK                   First Lien                            -             175,000.00                     -             175,000.00
RALEIGH                     First Lien                            -             196,850.00                     -                      -
BROOKLYN                    First Lien                            -             630,000.00                     -                      -
ATLANTA                     Second Lien                  124,800.00             156,000.00                     -             156,000.00
ELK RIVER                   First Lien                            -             220,000.00                     -             220,000.00
CARMEL                      First Lien                            -              73,000.00                     -              73,000.00
DISTRICT HEIGHT             First Lien                            -             292,500.00                     -             325,000.00
EVANSVILLE                  First Lien                            -              58,600.00                     -              58,600.00
BROOKLYN                    First Lien                            -             450,000.00                     -                      -
ZEBULON                     First Lien                            -             182,000.00                     -             182,000.00
NORTH ADAMS                 First Lien                            -             127,500.00                     -             127,500.00
JONESBORO                   First Lien                            -             131,000.00                     -             131,000.00
HAMPSTEAD                   First Lien                            -             175,000.00                     -                      -
MOREHEAD CITY               First Lien                            -             570,000.00                     -                      -
LITTLETON                   First Lien                            -             490,000.00                     -                      -
WILMINGTON                  First Lien                            -             148,750.00                     -                      -
COLUMBIA                    First Lien                            -             123,250.00                     -                      -
WARREN                      First Lien                            -             113,000.00                     -             113,000.00
LOCKPORT                    First Lien                            -             125,000.00                     -             125,000.00
FLORHAM PARK                First Lien                            -             749,999.00                     -                      -
BURNHAM                     Second Lien                  138,000.00             172,500.00                     -             172,500.00
BALTIMORE                   First Lien                            -             295,000.00                     -                      -
GREENSBORO                  First Lien                            -             419,900.00                     -             419,900.00
SAINT ALBANS                First Lien                            -             448,000.00            112,000.00             560,000.00
IRVINGTON                   First Lien                            -             165,000.00                     -             165,000.00
BREWER                      First Lien                            -             185,000.00                     -             185,000.00
CHICAGO                     First Lien                            -             361,000.00                     -                      -
SANFORD                     First Lien                            -             145,750.00                     -                      -
DORCHESTER                  Second Lien                  276,250.00             325,000.00                     -             325,000.00
GAINESVILLE                 Second Lien                  131,920.00             164,900.00                     -             164,900.00
SILVER SPRING               First Lien                            -             325,600.00                     -                      -
ROCKFORD                    First Lien                            -             100,000.00                     -                      -
HERMON                      First Lien                            -              99,600.00             24,900.00             124,500.00
TWO HARBORS                 Second Lien                  148,500.00             165,000.00                     -                      -
BALTIMORE                   First Lien                            -             102,000.00                     -                      -
WEST STEWARTSTO             First Lien                            -              55,350.00                     -              55,350.00
LOWELL                      Second Lien                  299,200.00             352,000.00                     -                      -
MIDLOTHIAN                  First Lien                            -             196,500.00                     -             196,500.00
PRINCESS ANNE               First Lien                            -             135,000.00                     -                      -
CHICOPEE                    Second Lien                  127,500.00             150,000.00                     -             150,000.00
LOWELL                      First Lien                            -             119,920.00             29,980.00             149,900.00
LOWELL                      Second Lien                  119,920.00             149,900.00                     -             149,900.00
SOUTH OZONE PAR             First Lien                            -             560,000.00                     -             560,000.00
HIGH POINT                  First Lien                            -             104,500.00                     -             104,500.00
ROSEVILLE                   First Lien                            -             135,000.00                     -                      -
BALTIMORE                   First Lien                            -             239,200.00                     -                      -
COUNTRY CLUB HI             First Lien                            -             305,000.00                     -             305,000.00
SPRINGFIELD                 First Lien                            -             167,200.00             41,800.00             209,000.00
SPRINGFIELD                 Second Lien                  167,200.00             209,000.00                     -             209,000.00
ATHENS                      First Lien                            -              69,900.00                     -              69,900.00
GASTONIA                    Second Lien                   77,000.00              87,000.00                     -                      -
ESSEX JUNCTION              First Lien                            -             130,000.00                     -                      -
SAINT ALBANS                First Lien                            -             340,000.00                     -                      -
DIXFIELD                    First Lien                            -              82,850.00                     -              87,250.00
CORONA                      First Lien                            -             570,000.00                     -                      -
BALTIMORE                   First Lien                            -              90,750.00                     -                      -
BAY SHORE                   First Lien                            -             135,000.00                     -             135,000.00
NORTH EAST                  First Lien                            -             170,000.00                     -             170,000.00
EVERETT                     Second Lien                  237,915.00             279,900.00                     -             279,900.00
EDEN                        First Lien                            -              78,300.00                     -                      -
CHARLOTTE                   First Lien                            -             134,240.00                     -             134,240.00
CRYSTAL LAKE                First Lien                            -             174,400.00             43,600.00                      -
BALTIMORE                   First Lien                            -             119,000.00                     -             119,000.00
COVENTRY                    First Lien                            -             242,250.00                     -                      -
FRANKLINVILLE               First Lien                            -             151,500.00                     -             151,500.00
STEUBEN                     First Lien                            -             113,600.00                     -                      -
NEWARK                      First Lien                            -             184,000.00                     -                      -
CORINNA                     First Lien                            -              93,600.00                     -                      -
ATLANTA                     Second Lien                  120,000.00             135,000.00                     -             150,000.00
LEXINGTON                   First Lien                            -             125,100.00                     -                      -
HIBBING                     First Lien                            -              67,840.00                     -              67,840.00
SCHAUMBURG                  Second Lien                  148,000.00             185,000.00                     -             185,000.00
UPPER MARLBORO              First Lien                            -             269,250.00                     -                      -
LIVERMORE FALLS             First Lien                            -              75,000.00                     -                      -
DETROIT                     First Lien                            -              60,000.00                     -                      -
BALTIMORE                   First Lien                            -              68,000.00                     -                      -
METROPOLIS                  First Lien                            -              50,000.00                     -              50,000.00
JAMAICA                     First Lien                            -             378,000.00                     -                      -
SOMERSWORTH                 First Lien                            -             270,000.00                     -                      -
BURLINGTON                  First Lien                            -             142,500.00                     -                      -
RANDALLSTOWN                First Lien                            -             224,000.00             56,000.00             280,000.00
ROSELLE                     First Lien                            -             348,000.00             43,500.00             435,000.00
CLINTON                     First Lien                            -              70,400.00                     -                      -
CLINTON                     Second Lien                   70,400.00              88,000.00                     -                      -
RICHMOND                    First Lien                            -              82,500.00                     -              82,500.00
WINSTON SALEM               First Lien                            -              55,000.00                     -                      -
STRASBURG                   First Lien                            -             198,000.00                     -                      -
BEMIDJI                     First Lien                            -              62,000.00                     -                      -
DEKALB                      First Lien                            -             205,000.00                     -                      -
EVANSVILLE                  First Lien                            -              75,000.00                     -              75,000.00
GLEN BURNIE                 First Lien                            -             145,000.00                     -                      -
SPRINGFIELD                 First Lien                            -             215,000.00                     -             215,000.00
UNIVERSITY PARK             First Lien                            -             179,900.00                     -             179,900.00
LINWOOD                     First Lien                            -              99,000.00                     -                      -
PATERSON                    First Lien                            -             400,000.00                     -             400,000.00
BRISTOL                     First Lien                            -             258,400.00                     -                      -
CHICAGO                     First Lien                            -             292,000.00             73,000.00             365,000.00
CHICAGO                     First Lien                            -             149,900.00                     -             149,900.00
INVER GROVE HEI             First Lien                            -             216,000.00             54,000.00                      -
KNAPP                       First Lien                            -             108,000.00                     -             108,000.00
ALEXANDRIA                  Second Lien                  101,150.00             119,000.00                     -                      -
AMERY                       First Lien                            -             150,000.00                     -             150,000.00
CHICAGO                     Second Lien                  148,750.00             166,250.00                     -             175,000.00
NORTH SAINT PAU             First Lien                            -             172,000.00                     -                      -
OXFORD                      Second Lien                   56,480.00              70,600.00                     -              70,600.00
RALEIGH                     First Lien                            -             111,150.00                     -                      -
LEVERING                    First Lien                            -             127,800.00                     -                      -
AURORA                      First Lien                            -             162,000.00                     -                      -
PORTLAND                    First Lien                            -             236,000.00             59,000.00             295,000.00
MUNDELEIN                   First Lien                            -             207,400.00                     -                      -
PORTLAND                    Second Lien                  236,000.00             295,000.00                     -             295,000.00
ROLLING MEADOWS             First Lien                            -             140,000.00                     -             140,000.00
GLENBURN                    First Lien                            -             156,000.00                     -                      -
DETROIT                     First Lien                            -             102,000.00                     -                      -
BENTON                      First Lien                            -             175,000.00                     -                      -
BURLINGTON                  First Lien                            -             132,500.00                     -             132,500.00
SWANTON                     First Lien                            -             154,640.00                     -                      -
DETROIT                     First Lien                            -             117,000.00                     -             117,000.00
CHICAGO                     First Lien                            -             240,800.00             60,200.00             301,000.00
CHARLESTOWN                 First Lien                            -             280,000.00                     -             380,000.00
BALTIMORE                   First Lien                            -             108,000.00                     -                      -
EAST GREENWICH              First Lien                            -             864,920.00                     -           1,081,151.00
CARMEL                      First Lien                            -             245,600.00             61,400.00                      -
PATERSON                    First Lien                            -             345,600.00             43,200.00                      -
WINSTON SALEM               First Lien                            -             140,000.00                     -             140,000.00
PETERBOROUGH                First Lien                            -             264,000.00                     -                      -
JONESPORT                   First Lien                            -              73,900.00                     -              73,900.00
PORTLAND                    First Lien                            -             549,000.00                     -                      -
ELGIN                       Second Lien                  239,700.00             259,700.00                     -                      -
WOODBRIDGE                  First Lien                            -             318,000.00                     -             318,000.00
HYATTSVILLE                 First Lien                            -             364,000.00                     -                      -
BLOOMINGTON                 First Lien                            -              89,500.00                     -              89,500.00
ROCKFORD                    First Lien                            -             118,000.00                     -             118,000.00
BALTIMORE                   First Lien                            -             186,300.00                     -                      -
HAMMOND                     First Lien                            -             108,000.00                     -                      -
HOLBROOK                    First Lien                            -             204,000.00             51,000.00             255,000.00
PATERSON                    Second Lien                  345,600.00             388,800.00                     -                      -
SHAPLEIGH                   First Lien                            -             140,000.00                     -                      -
WATERVILLE                  First Lien                            -             161,500.00                     -                      -
FALL RIVER                  First Lien                            -             248,000.00                     -                      -
ALBANY                      First Lien                            -             177,000.00                     -             177,000.00
MOUNT HOLLY                 Second Lien                  162,775.00             191,500.00                     -                      -
MERRIMACK                   Second Lien                   83,725.00              98,500.00                     -              98,500.00
BALTIMORE                   First Lien                            -             187,000.00                     -                      -
LANDOVER                    Second Lien                  168,000.00             199,500.00                     -                      -
MANCHESTER                  First Lien                            -             375,000.00                     -                      -
CHICAGO                     First Lien                            -             422,000.00                     -             422,000.00
BARRE                       First Lien                            -             156,000.00                     -             156,000.00
CHICAGO                     First Lien                            -             248,000.00             62,000.00             310,000.00
NASHUA                      First Lien                            -             264,000.00                     -                      -
CENTRAL ISLIP               First Lien                            -             360,000.00                     -                      -
AURORA                      First Lien                            -             152,000.00                     -                      -
BREWER                      First Lien                            -             214,200.00                     -                      -
CUMBERLAND FORE             First Lien                            -             219,000.00                     -                      -
SALISBURY                   First Lien                            -              78,600.00                     -                      -
PETERBOROUGH                Second Lien                  264,000.00             330,000.00                     -                      -
GLEN ALLEN                  First Lien                            -             238,450.00                     -                      -
REHOBOTH                    First Lien                            -             294,750.00                     -                      -
POOLESVILLE                 First Lien                            -             607,000.00                     -                      -
CHICAGO                     First Lien                            -             216,000.00             27,000.00             270,000.00
NORTH PROVIDENC             First Lien                            -             200,600.00             35,400.00             236,000.00
CHARLOTTE                   First Lien                            -             164,580.00                     -             164,580.00
DAVENPORT                   First Lien                            -              68,000.00                     -              68,000.00
SHELTON                     First Lien                            -             247,500.00             27,500.00             275,000.00
DES MOINES                  First Lien                            -             124,000.00                     -                      -
CARL JUNCTION               First Lien                            -             200,000.00                     -                      -
MARSHFIELD                  First Lien                            -              78,000.00                     -                      -
BOELUS                      First Lien                            -             106,200.00                     -                      -
GUTHRIE CENTER              First Lien                            -              56,000.00                     -                      -
OLATHE                      First Lien                            -              75,000.00                     -                      -
LUFKIN                      First Lien                            -              75,335.00             13,295.00              88,630.00
MANSFIELD                   First Lien                            -              86,450.00                     -              91,000.00
BRANDON                     First Lien                            -             178,500.00                     -                      -
BLACK CANYON CI             First Lien                            -             137,500.00                     -                      -
CARLSBAD                    First Lien                            -              50,000.00                     -              50,000.00
MISSION VIEJO               First Lien                            -             792,000.00                     -                      -
APLINGTON                   First Lien                            -             117,900.00                     -                      -
ELDON                       First Lien                            -              58,500.00                     -                      -
NEWTON                      First Lien                            -              62,390.00                     -                      -
LINDEN                      First Lien                            -              99,000.00                     -                      -
OKEECHOBEE                  First Lien                            -             178,400.00                     -             223,000.00
BOONE                       First Lien                            -              65,600.00                     -                      -
LA PORTE                    First Lien                            -              77,850.00                     -              86,500.00
WICHITA                     First Lien                            -              68,375.00             10,000.00              82,500.00
NEWTON                      First Lien                            -             175,500.00                     -             175,500.00
PERRY                       First Lien                            -              77,900.00                     -              82,000.00
GRANGER                     First Lien                            -             218,000.00                     -                      -
FRANKFORT                   First Lien                            -             119,000.00                     -             210,000.00
HARTLEY                     First Lien                            -              80,750.00                     -                      -
WALLLA WALLA                First Lien                            -             136,000.00             24,000.00                      -
SHALIMAR                    First Lien                            -              92,000.00                     -                      -
CONWAY SPRINGS              First Lien                            -              92,000.00                     -                      -
SACRAMENTO                  First Lien                            -             165,750.00             29,250.00             195,000.00
LATHROP                     First Lien                            -             210,000.00                     -                      -
CHARLESTON                  First Lien                            -             153,600.00                     -                      -
DIXON IL 61021              First Lien                            -              76,400.00                     -                      -
COVINGTON                   First Lien                            -              65,000.00                     -                      -
EVERETT                     First Lien                            -             124,100.00             21,900.00             146,000.00
LAS VEGAS                   First Lien                            -             529,938.40             93,518.54             623,456.94
AURORA                      First Lien                            -              90,000.00                     -                      -
FRANKLIN                    First Lien                            -             119,000.00             21,000.00                      -
INDEPENDENCE                First Lien                            -              89,250.00             15,750.00             105,000.00
INDEPENDENCE                First Lien                            -             119,200.00                     -                      -
PHOENIX                     First Lien                            -             146,400.00             36,600.00             183,000.00
MEMPHIS                     First Lien                            -              54,400.00                     -                      -
ATKINS                      First Lien                            -             246,600.00             27,400.00             274,000.00
WINLOCK                     First Lien                            -             163,000.00                     -                      -
BRYANT                      First Lien                            -             112,000.00             28,000.00             140,000.00
INVERNESS                   First Lien                            -             184,000.00             23,000.00                      -
LAS VEGAS                   Second Lien                  529,938.40             623,456.94                     -             623,456.94
MEMPHIS                     First Lien                            -              59,600.00                     -                      -
NORTH LAS VEGAS             First Lien                            -             261,250.00                     -                      -
SHREVEPORT                  First Lien                            -             133,200.00                     -                      -
SIOUX CITY                  First Lien                            -             148,000.00                     -                      -
VANCOUVER                   First Lien                            -             180,800.00             45,200.00                      -
ALBUQUERQUE                 First Lien                            -             152,000.00                     -                      -
INDIANOLA                   First Lien                            -             151,800.00                     -                      -
PORTLAND                    First Lien                            -             114,750.00                     -                      -
NORTH LAS VEGAS             Second Lien                  261,250.00             275,000.00                     -                      -
RAPIDS CITY                 First Lien                            -              68,400.00                     -                      -
MIAMI                       First Lien                            -             559,920.00            139,980.00             699,900.00
EXETER                      First Lien                            -              60,500.00                     -              60,500.00
WICHITA                     First Lien                            -              57,000.00                     -                      -
VANCOUVER                   Second Lien                  180,800.00             226,000.00                     -                      -
BARTLESVILLE                First Lien                            -             254,000.00                     -                      -
WORTH                       First Lien                            -              83,000.00                     -                      -
MESA                        First Lien                            -             236,000.00                     -                      -
NORFOLK                     First Lien                            -              80,000.00                     -                      -
WEST DES MOINES             First Lien                            -             454,000.00                     -                      -
BETTENDORF                  First Lien                            -             223,650.00                     -             248,500.00
HEWITT                      First Lien                            -             149,000.00                     -             149,000.00
FORT SMITH                  First Lien                            -              72,900.00                     -              72,900.00
WICHITA                     First Lien                            -              60,300.00                     -                      -
ENUMCLAW                    First Lien                            -             395,000.00                     -                      -
CRAWFORDSVILLE              First Lien                            -              95,200.00                     -                      -
EVERETT                     First Lien                            -             381,000.00                     -                      -
EVERETT                     First Lien                            -             264,000.00                     -                      -
LINDSBORG                   First Lien                            -              78,000.00                     -              78,000.00
TACOMA                      First Lien                            -             143,600.00                     -                      -
PUYALLUP                    First Lien                            -             301,500.00                     -                      -
BATTLE GROUND               First Lien                            -             418,500.00                     -             465,000.00
WATAUGA                     First Lien                            -             124,000.00                     -             124,000.00
DAVENPORT                   First Lien                            -             185,000.00                     -             185,000.00
LAKE STEVENS                First Lien                            -             232,500.00             20,000.00                      -
PLAINFIELD                  First Lien                            -             131,920.00             32,980.00             164,900.00
PLAINFIELD                  Second Lien                  131,920.00             164,900.00                     -             164,900.00
BROOKLYN PARK               First Lien                            -             218,400.00             54,600.00             273,000.00
BROOKLYN PARK               Second Lien                  218,400.00             273,000.00                     -             273,000.00
OAKLAND CITY                First Lien                            -              85,000.00                     -              85,000.00
BRITTON                     First Lien                            -             264,000.00                     -                      -
MACHESNEY PARK              First Lien                            -             157,755.00                     -             157,755.00
DETROIT                     Second Lien                   66,500.00              76,500.00                     -                      -
ELGIN                       First Lien                            -             239,700.00             20,000.00                      -
BENSENVILLE                 First Lien                            -             349,000.00                     -                      -
MIDLAND                     First Lien                            -             426,000.00                     -                      -
CRYSTAL                     First Lien                            -             199,520.00             49,880.00             249,400.00
THIEF RIVER FAL             First Lien                            -              64,000.00                     -                      -
SAUK VILLAGE                First Lien                            -              78,500.00                     -              78,500.00
DETROIT                     Second Lien                   75,500.00              85,500.00                     -                      -
EVELETH                     First Lien                            -              63,600.00                     -              63,600.00
GLENDALE HEIGHT             Second Lien                   78,320.00              97,900.00                     -              97,900.00
GREENWOOD                   First Lien                            -             280,000.00                     -             280,000.00
BURNSVILLE                  First Lien                            -             226,400.00                     -                      -
ROCKFORD                    Second Lien                   73,200.00              91,500.00                     -              91,500.00
GILBERTSVILLE               First Lien                            -              84,000.00                     -              84,000.00
KOKOMO                      First Lien                            -              67,000.00                     -              67,000.00
HUTCHINSON                  First Lien                            -             192,950.00                     -                      -
ZIMMERMAN                   First Lien                            -             227,050.00                     -                      -
CAMBRIA                     First Lien                            -             113,900.00                     -                      -
MAPLE GROVE                 Second Lien                  153,085.00             180,100.00                     -             180,100.00
STREAMWOOD                  First Lien                            -             193,000.00                     -                      -
CHICAGO                     First Lien                            -             300,000.00                     -             300,000.00
MATTESON                    First Lien                            -             176,000.00                     -                      -
MINNEAPOLIS                 Second Lien                  153,000.00             180,000.00                     -                      -
MATTESON                    Second Lien                  176,000.00             209,000.00                     -                      -
SPRING LAKE                 First Lien                            -             101,060.00                     -             101,060.00
OTTAWA                      First Lien                            -             112,000.00             28,000.00             140,000.00
SAINT PAUL                  Second Lien                  212,500.00             250,000.00                     -             250,000.00
CHICAGO                     First Lien                            -             116,000.00                     -                      -
CRETE                       First Lien                            -             277,400.00                     -                      -
POPLAR GROVE                First Lien                            -             133,600.00             33,400.00             167,000.00
BOONVILLE                   First Lien                            -              74,000.00                     -              74,000.00
HAZEL CREST                 First Lien                            -             255,000.00                     -             255,000.00
DAWSON                      First Lien                            -              79,800.00                     -                      -
UNIVERSITY PARK             Second Lien                  160,000.00             200,000.00                     -             200,000.00
JORDAN                      Second Lien                  200,000.00             250,000.00                     -             250,000.00
MAYWOOD                     First Lien                            -             240,000.00                     -             240,000.00
ROCKFORD                    First Lien                            -              51,000.00                     -                      -
LITTLE CANADA               Second Lien                   97,325.00             114,500.00                     -             114,500.00
DAVIS JUNCTION              First Lien                            -              93,000.00                     -              93,000.00
BUFFALO                     Second Lien                  188,700.00             222,000.00                     -                      -
BOLINGBROOK                 Second Lien                  169,150.00             199,000.00                     -             199,000.00
CHICAGO                     First Lien                            -             298,400.00             74,600.00             373,000.00
TAYLOR                      First Lien                            -             139,947.00                     -             139,947.00
ATWATER                     First Lien                            -              94,000.00                     -              94,000.00
SOUTH PARIS                 First Lien                            -             125,000.00                     -                      -
NEW RICHMOND                First Lien                            -             107,950.00             19,050.00             127,000.00
CHICAGO                     First Lien                            -             337,000.00                     -             337,000.00
NEW RICHMOND                Second Lien                  107,950.00             127,000.00                     -             127,000.00
AUBURN HILLS                First Lien                            -             180,000.00                     -             180,000.00
SAUK VILLAGE                First Lien                            -             120,000.00                     -             120,000.00
BEAVER DAM                  First Lien                            -              85,500.00                     -              85,500.00
LA SALLE                    First Lien                            -              82,900.00                     -              82,900.00
DAVISON                     First Lien                            -              76,000.00                     -              76,000.00
OXFORD                      First Lien                            -              56,480.00             14,120.00              70,600.00
MINNETONKA                  First Lien                            -             260,695.00             46,005.00             306,700.00
NEWBURGH                    First Lien                            -              79,500.00                     -              79,500.00
CHICAGO                     First Lien                            -             590,000.00                     -             590,000.00
JOLIET                      First Lien                            -             199,500.00                     -                      -
CONCORDIA                   First Lien                            -             100,000.00                     -                      -
SPRINGFIELD                 First Lien                            -              59,200.00                     -              59,200.00
MARQUETTE HEIGH             First Lien                            -              55,000.00                     -                      -
FRANKFORT                   First Lien                            -              56,000.00                     -              56,000.00
NASHVILLE                   First Lien                            -              69,300.00                     -                      -
MOUNT PROSPECT              First Lien                            -             292,000.00                     -                      -
GRAND PRAIRIE               First Lien                            -             243,073.00                     -             243,073.00
SHERMAN                     First Lien                            -              54,450.00                     -                      -
ELDORA                      First Lien                            -              73,000.00                     -                      -
MIDLOTHIAN                  First Lien                            -              83,700.00                     -                      -
LIBERAL                     First Lien                            -              65,000.00                     -              65,000.00
HOUSTON                     First Lien                            -              63,000.00                     -                      -
CEDAR RAPIDS                First Lien                            -              67,500.00                     -                      -
ABILENE                     First Lien                            -              50,000.00                     -              50,000.00
KANSAS CITY                 First Lien                            -             103,500.00             11,500.00             115,000.00
TACOMA                      First Lien                            -             106,000.00                     -                      -
OSCEOLA                     First Lien                            -             113,700.00                     -                      -
GENESEO                     First Lien                            -              82,000.00                     -                      -
SEAGOVILLE                  First Lien                            -              50,000.00                     -                      -
SEATTLE                     First Lien                            -             503,200.00             88,800.00                      -
OLYMPIA                     Second Lien                  182,750.00             215,000.00                     -                      -
NEW ORLEANS                 First Lien                            -             151,000.00             20,000.00             190,000.00
TACOMA                      First Lien                            -             175,000.00                     -                      -
ARLINGTON                   First Lien                            -             214,000.00                     -                      -
DALLAS                      First Lien                            -              92,070.00             10,230.00             102,300.00
MONROE                      First Lien                            -             152,000.00                     -                      -
CEDAR FALLS                 First Lien                            -             106,400.00                     -                      -
SHERMAN                     First Lien                            -              49,500.00              5,500.00              55,000.00
COMBINE                     First Lien                            -             280,000.00                     -                      -
HOUSTON                     First Lien                            -              91,200.00                     -                      -
MERIAM                      First Lien                            -             146,200.00                     -                      -
BLUE RIDGE                  First Lien                            -             282,880.00             49,920.00             332,800.00
KANSAS CITY                 First Lien                            -             104,900.00                     -             104,900.00
SPRINGFIELD                 First Lien                            -              72,900.00                     -              72,900.00
HAMILTON                    First Lien                            -              59,670.00                     -              59,670.00
CONROE                      First Lien                            -              55,000.00                     -                      -
KENNEWICK                   First Lien                            -             112,000.00                     -                      -
KNOXVILLE                   First Lien                            -             147,250.00                     -                      -
HUMBLE                      First Lien                            -             221,045.00                     -             221,045.00
WELLINGTON                  First Lien                            -              79,500.00                     -              79,500.00
BUTLER                      First Lien                            -             113,920.00             28,480.00             142,400.00
SPRINGFIELD                 First Lien                            -              89,250.00                     -             105,000.00
PANAMA CITY BEA             First Lien                            -             405,000.00                     -                      -
SARITA                      First Lien                            -              84,600.00                     -                      -
POTTSBORO                   First Lien                            -             156,000.00                     -             156,000.00
MASON CITY                  First Lien                            -             183,600.00                     -             204,000.00
NICKERSON                   First Lien                            -             108,000.00                     -                      -
GRANDVIEW                   First Lien                            -              85,000.00             15,000.00             100,000.00
MIRAMAR                     First Lien                            -             291,500.00                     -                      -
CLEARWATER                  First Lien                            -             157,500.00                     -             175,000.00
LEAVENWORTH                 First Lien                            -              82,500.00                     -              82,500.00
INDEPENDENCE                First Lien                            -              90,000.00                     -              90,000.00
BLOOMINGTON                 First Lien                            -             188,000.00                     -                      -
INDEPENDENCE                First Lien                            -             147,500.00                     -             147,500.00
WATERLOO                    First Lien                            -              95,000.00                     -                      -
SANTA ROSA BEAC             First Lien                            -             256,000.00             64,000.00             320,000.00
LARGO                       First Lien                            -             127,500.00                     -                      -
SEARCY                      First Lien                            -              96,000.00                     -              96,000.00
BEAVERTON                   First Lien                            -             196,000.00                     -                      -
GRINNELL                    First Lien                            -              70,000.00                     -              70,000.00
SEAGOVILLE                  First Lien                            -              85,000.00                     -              85,000.00
BOONVILLE                   First Lien                            -              56,700.00                     -                      -
SPRINGDALE                  First Lien                            -             123,900.00                     -             183,000.00
MIDDLETON                   First Lien                            -              50,000.00                     -              71,500.00
SAN ANTONIO                 First Lien                            -              69,000.00                     -              69,000.00
EDMOND                      First Lien                            -             431,885.00             76,215.00             508,100.00
DALLAS                      First Lien                            -             122,000.00                     -             122,000.00
PEARCY                      First Lien                            -             138,300.00                     -             138,300.00
FORT WORTH                  First Lien                            -             174,490.00                     -             174,490.00
CEDAR HILL                  First Lien                            -             101,120.00             25,280.00                      -
HOUSTON                     First Lien                            -             138,629.00             24,465.00             163,094.00
MEMPHIS                     First Lien                            -              92,000.00                     -              92,000.00
TYLER                       First Lien                            -             124,500.00                     -             124,500.00
BENTON                      First Lien                            -             197,000.00                     -             197,000.00
NORTH LITTLE RO             First Lien                            -              50,000.00                     -              50,000.00
WYLIE                       First Lien                            -             162,260.00             40,565.00             202,825.00
HOUSTON                     First Lien                            -             169,636.00             42,409.00             212,045.00
LITTLETON                   First Lien                            -             395,000.00                     -             395,000.00
DENTON                      First Lien                            -             123,000.00                     -             123,000.00
ATHENS                      First Lien                            -              74,200.00                     -              74,200.00
GRAND PRAIRIE               First Lien                            -             114,292.00             28,574.00             142,866.00
ARLINGTON                   First Lien                            -              72,000.00                     -              72,000.00
GRAND PRAIRIE               First Lien                            -             116,547.00             29,137.00             145,684.00
CHILDRESS                   First Lien                            -             120,000.00                     -             120,000.00
CARROLLTON                  First Lien                            -             254,000.00                     -             254,000.00
ARLINGTON                   First Lien                            -             160,550.00                     -             169,000.00
PROVIDENCE VILL             First Lien                            -             131,073.00             32,769.00             163,842.00
PROVIDENCE VILL             Second Lien                  131,073.00             163,842.00                     -             163,842.00
SEVIERVILLE                 First Lien                            -             131,310.00             14,590.00             145,900.00
FRESNO                      First Lien                            -              56,000.00             10,500.00              70,000.00
DESOTO                      First Lien                            -             116,000.00                     -             116,000.00
SOUTH HAVEN                 First Lien                            -             112,000.00                     -                      -
BURRTON                     First Lien                            -              97,000.00                     -                      -
SAN JACINTO                 First Lien                            -             345,000.00                     -                      -
PERU                        First Lien                            -              86,500.00                     -              86,500.00
ATLANTA                     First Lien                            -             129,000.00                     -             129,000.00
GAINESVILLE                 First Lien                            -              69,000.00                     -                      -
ALBUQUERQUE                 First Lien                            -             116,000.00                     -                      -
CITY NAME                   First Lien                            -             117,580.00                     -             117,580.00
SOLDIER                     First Lien                            -              60,000.00                     -                      -
DODGE CITY                  First Lien                            -              84,900.00                     -              84,900.00
BRANSON                     First Lien                            -             369,000.00                     -                      -
ALLEN                       First Lien                            -             188,973.00             20,998.00             209,971.00
ALTO PASS                   First Lien                            -              69,000.00                     -              69,000.00
ARLINGTON                   First Lien                            -             117,000.00                     -             117,000.00
FORT WORTH                  First Lien                            -              50,400.00                     -              56,000.00
SIKESTON                    First Lien                            -              63,000.00                     -              63,000.00
CONVERSE                    First Lien                            -              75,000.00                     -              75,000.00
THE DALLES                  First Lien                            -             130,000.00                     -                      -
HUMBLE                      First Lien                            -              93,600.00                     -                      -
KELSO                       First Lien                            -             105,000.00                     -                      -
BATESVILLE                  First Lien                            -              51,000.00                     -              51,000.00
GUN BARREL CITY             First Lien                            -              59,625.00                     -                      -
ERIE                        First Lien                            -             180,500.00                     -                      -
WATERLOO                    First Lien                            -             105,000.00                     -                      -
VILLAGE MILLS               First Lien                            -             184,000.00                     -             184,000.00
IOWA CITY                   First Lien                            -             103,800.00             25,950.00             129,750.00
SHREWSBURY                  First Lien                            -             145,000.00                     -                      -
GILMER                      First Lien                            -              87,000.00                     -              87,000.00
LITTLE ROCK                 First Lien                            -              51,300.00                     -                      -
COLLEGE STATION             First Lien                            -             106,250.00             18,750.00             125,000.00
TRENTON                     First Lien                            -              55,000.00                     -              55,000.00
DIBOLL                      First Lien                            -              70,000.00                     -              70,000.00
OMAHA                       First Lien                            -             297,500.00                     -                      -
PERRYVILLE                  First Lien                            -              88,000.00                     -              88,000.00
COVINGTON                   First Lien                            -              56,000.00                     -              56,000.00
CARSON                      First Lien                            -             130,000.00                     -                      -
GRANDVIEW                   First Lien                            -             112,000.00             28,000.00             140,000.00
LEBANON                     First Lien                            -              54,000.00                     -                      -
DALLAS                      First Lien                            -             184,000.00                     -                      -
OLYMPIA                     First Lien                            -             182,750.00             32,250.00                      -
ALFORD                      First Lien                            -              50,000.00                     -                      -
BARTLESVILLE                First Lien                            -              65,500.00                     -              65,500.00
OSAWATOMIE                  First Lien                            -              95,000.00                     -              95,000.00
FRANKFORT                   First Lien                            -              78,750.00                     -              78,750.00
PROSSER                     Second Lien                  110,500.00             130,000.00                     -                      -
MINGO                       First Lien                            -              50,000.00                     -                      -
THE WOODLANDS               First Lien                            -              70,000.00                     -                      -
WICHITA                     First Lien                            -              62,000.00                     -              62,000.00
WINFIELD                    First Lien                            -              69,000.00                     -              69,000.00
MEMPHIS                     First Lien                            -              70,000.00                     -              70,000.00
KANSAS CITY                 First Lien                            -             128,000.00             32,000.00             160,000.00
FORT WORTH                  First Lien                            -             111,900.00                     -             111,900.00
N. RICHLAND HIL             First Lien                            -             144,000.00                     -             144,000.00
FORT LAUDERDALE             First Lien                            -             174,250.00             30,750.00             205,000.00
HOUSTON                     First Lien                            -              75,000.00                     -                      -
GAINESVILLE                 First Lien                            -              96,000.00                     -                      -
FORT LAUDERDALE             Second Lien                  174,250.00             205,000.00                     -             205,000.00
FRANKFORT                   First Lien                            -              87,000.00                     -                      -
OSAWATOMIE                  First Lien                            -             120,000.00                     -             120,000.00
ROWLETT                     First Lien                            -             138,400.00                     -             138,400.00
LACY LAKEVIEW               First Lien                            -             105,000.00                     -             105,000.00
KANSAS CITY                 First Lien                            -              80,250.00             10,000.00                      -
SAN ANTONIO                 First Lien                            -             156,000.00             39,000.00             195,000.00
SALEM                       First Lien                            -             182,700.00                     -                      -
WASHINGTON                  First Lien                            -              51,500.00                     -              51,500.00
FT LAUDERDALE               First Lien                            -             107,000.00                     -                      -
WICHITA                     First Lien                            -              95,000.00                     -             100,000.00
GLENN HEIGHTS               Second Lien                   88,000.00             110,000.00                     -             110,000.00
CADDO MILLS                 Second Lien                   82,428.00              96,975.00                     -              96,975.00
OKLAHOMA CITY               First Lien                            -              98,600.00             17,400.00                      -
OKLAHOMA CITY               Second Lien                   98,600.00             116,000.00                     -                      -
ALVARADO                    First Lien                            -              75,000.00                     -                      -
ROSENBERG                   First Lien                            -              88,500.00                     -             118,000.00
CORDOVA                     First Lien                            -             139,400.00             24,600.00             164,000.00
BOSSIER CITY                First Lien                            -              74,000.00                     -              74,000.00
FATE                        First Lien                            -             123,500.00                     -             123,500.00
MEMPHIS                     First Lien                            -             102,500.00                     -             102,500.00
DALLAS                      First Lien                            -             475,200.00                     -                      -
LAMAR                       First Lien                            -             211,950.00                     -                      -
EULESS                      First Lien                            -              85,000.00                     -              85,000.00
FORT WORTH                  First Lien                            -              80,000.00                     -              80,000.00
CECILIA                     First Lien                            -              50,500.00                     -              50,500.00
CROWLEY                     First Lien                            -             116,000.00             29,000.00             145,000.00
LAS VEGAS                   First Lien                            -             264,000.00             66,000.00             330,000.00
CROWLEY                     Second Lien                  116,000.00             145,000.00                     -             145,000.00
BATON ROUGE                 First Lien                            -              73,000.00                     -              73,000.00
EL PASO                     First Lien                            -              76,000.00                     -              76,000.00
KATY                        First Lien                            -              97,200.00             24,300.00             121,500.00
LAKE WORTH                  First Lien                            -              58,800.00                     -              58,800.00
GARLAND                     First Lien                            -             112,500.00             12,500.00             125,000.00
ANTIOCH                     First Lien                            -             118,400.00             29,600.00             148,000.00
ANTIOCH                     Second Lien                  118,400.00             148,000.00                     -             148,000.00
GARLAND                     First Lien                            -              76,000.00                     -                      -
ALLEN                       First Lien                            -             274,509.00             68,628.00             343,137.00
ALLEN                       Second Lien                  274,509.00             343,137.00                     -             343,137.00
HARRAH                      First Lien                            -             156,000.00                     -                      -
EL PASO COUNTY              First Lien                            -             128,360.00             32,090.00             160,450.00
TULSA                       First Lien                            -              69,000.00                     -              69,000.00
DALLAS                      First Lien                            -              79,000.00                     -              79,000.00
FATE                        Second Lien                  135,920.00             169,900.00                     -             169,900.00
DALLAS                      First Lien                            -              81,520.00             20,380.00             101,900.00
LEWISVILLE                  First Lien                            -             168,000.00                     -             210,000.00
FORT WORTH                  First Lien                            -             153,600.00                     -                      -
SAN ANTONIO                 First Lien                            -             153,000.00                     -             153,000.00
EL PASO                     First Lien                            -              81,694.00                     -              81,694.00
MCKINNEY                    First Lien                            -             149,640.00             37,411.00             187,051.00
DENVER                      First Lien                            -             665,000.00                     -             700,000.00
TUPELO                      First Lien                            -              96,900.00                     -                      -
AZLE                        First Lien                            -             127,200.00             31,800.00             159,000.00
ROCKWALL                    First Lien                            -             190,400.00                     -                      -
KATY                        First Lien                            -             140,400.00             35,100.00             175,500.00
FORT WORTH                  First Lien                            -             166,651.00             41,663.00             208,314.00
RICHMOND                    First Lien                            -             187,675.00                     -                      -
MEMPHIS                     First Lien                            -              80,750.00                     -                      -
DERBY                       First Lien                            -              60,000.00                     -                      -
CABOT                       First Lien                            -              77,000.00                     -              77,000.00
HOUMA                       First Lien                            -             159,000.00                     -             159,000.00
SINTON                      First Lien                            -             156,500.00                     -             156,500.00
EL PASO                     First Lien                            -             108,760.00             27,190.00             135,950.00
FORT WORTH                  First Lien                            -              98,000.00                     -              98,000.00
MEMPHIS                     First Lien                            -              88,000.00             22,000.00                      -
WOODLAWN                    First Lien                            -             103,500.00             11,500.00                      -
WOODLAWN                    Second Lien                  103,500.00             115,000.00                     -                      -
BROKEN ARROW                Second Lien                  153,000.00             180,000.00                     -             180,000.00
WICHITA FALLS               Second Lien                   76,415.00              89,900.00                     -              89,900.00
HUTTO                       Second Lien                   96,857.00             113,950.00                     -             113,950.00
BOLIVAR                     First Lien                            -              77,350.00             13,650.00                      -
BOLIVAR                     Second Lien                   77,350.00              91,000.00                     -                      -
GARLAND                     First Lien                            -              74,900.00             10,000.00              84,900.00
RICHARDSON                  First Lien                            -             125,600.00             31,400.00             157,000.00
MESQUITE                    Second Lien                   69,037.00              81,220.00                     -              81,220.00
MESQUITE                    Second Lien                   76,000.00              95,000.00                     -              95,000.00
MESQUITE                    First Lien                            -             230,000.00                     -             230,000.00
FORT WORTH                  Second Lien                   68,000.00              85,000.00                     -              85,000.00
DELIGHT                     First Lien                            -              80,000.00                     -              80,000.00
MEMPHIS                     Second Lien                  106,165.00             124,900.00                     -             124,900.00
WELCH                       First Lien                            -              89,000.00                     -                      -
PARIS                       First Lien                            -              90,000.00                     -              90,000.00
FATE                        Second Lien                  130,215.00             162,769.00                     -             162,769.00
SOUTHAVEN                   First Lien                            -             255,077.00             45,014.00             300,091.00
FLINT                       First Lien                            -              90,000.00                     -              90,000.00
WHITEHOUSE                  Second Lien                   88,400.00             104,000.00                     -             104,000.00
GARLAND                     First Lien                            -              95,400.00                     -              95,400.00
FATE                        First Lien                            -             158,000.00                     -                      -
ALVIN                       Second Lien                   77,600.00              97,000.00                     -              97,000.00
LAREDO                      Second Lien                  104,890.00             123,400.00                     -             123,400.00
INOLA                       First Lien                            -             109,000.00                     -             109,000.00
AZLE                        First Lien                            -             120,000.00             30,000.00             150,000.00
MERCEDES                    First Lien                            -             100,000.00                     -                      -
ARLINGTON                   First Lien                            -             107,500.00                     -             107,500.00
DUMAS                       First Lien                            -              68,500.00                     -              68,500.00
WINNSBORO                   First Lien                            -              71,825.00                     -              84,500.00
ARLINGTON                   First Lien                            -             191,000.00                     -                      -
SANGER                      First Lien                            -              89,200.00                     -              89,200.00
SAND SPRINGS                First Lien                            -              69,900.00                     -              69,900.00
ODESSA                      First Lien                            -             145,000.00                     -             145,000.00
WYLIE                       First Lien                            -             122,300.00                     -                      -
WEATHERFORD                 First Lien                            -              84,900.00                     -              84,900.00
WATAUGA                     First Lien                            -             103,350.00                     -             103,350.00
LITTLE ROCK                 First Lien                            -              79,900.00                     -              79,900.00
LEXINGTON                   First Lien                            -              90,000.00                     -              90,000.00
MESQUITE                    Second Lien                   83,470.00              98,200.00                     -              98,200.00
GRAPEVINE                   First Lien                            -             172,800.00             43,200.00                      -
EL PASO                     First Lien                            -             204,765.00             36,135.00             240,900.00
WOLFFORTH                   First Lien                            -             152,235.00             26,865.00             179,100.00
MOUNDS                      First Lien                            -              61,900.00                     -              61,900.00
FORT WORTH                  First Lien                            -             161,645.00                     -             161,645.00
ALLEN                       Second Lien                   76,120.00              95,150.00                     -              95,150.00
DALLAS                      First Lien                            -              97,500.00                     -              97,500.00
JACKSON                     First Lien                            -              51,000.00                     -              51,000.00
BURNET                      First Lien                            -             280,000.00                     -                      -
FRISCO                      First Lien                            -             222,998.00                     -             234,735.00
OLIVE BRANCH                First Lien                            -             152,835.00                     -             152,835.00
HOUSTON                     Second Lien                  107,516.00             126,490.00                     -             126,490.00
CEDAR HILL                  First Lien                            -             111,000.00                     -             111,000.00
SEAGOVILLE                  Second Lien                  103,200.00             129,000.00                     -             129,000.00
BOLIVAR                     First Lien                            -              69,000.00                     -              69,000.00
TULSA                       First Lien                            -              85,000.00                     -                      -
HORIZON CITY                First Lien                            -              73,400.00                     -              73,400.00
KATY                        Second Lien                  114,000.00             128,250.00                     -             142,500.00
SUNSET                      Second Lien                  101,150.00             119,000.00                     -                      -
CLEBURNE                    First Lien                            -             118,800.00                     -             132,000.00
JACKSON                     First Lien                            -              59,200.00                     -                      -
SHERMAN                     First Lien                            -             135,000.00                     -             135,000.00
CHATTANOOGA                 First Lien                            -              73,150.00                     -                      -
FRISCO                      First Lien                            -             309,365.00                     -                      -
FORNEY                      First Lien                            -             146,897.00                     -             146,897.00
EL PASO                     First Lien                            -              63,000.00                     -              63,000.00
FORT WORTH                  Second Lien                   65,600.00              82,000.00                     -              82,000.00
EL PASO                     First Lien                            -             118,500.00                     -             118,500.00
MESQUITE                    First Lien                            -             122,100.00                     -             122,100.00
BEAUMONT                    Second Lien                  111,600.00             139,500.00                     -             139,500.00
MEMPHIS                     Second Lien                  152,100.00             169,000.00                     -             169,000.00
FORT WORTH                  Second Lien                  105,400.00             124,000.00                     -             124,000.00
TULSA                       Second Lien                  101,915.00             119,900.00                     -             119,900.00
CADDO MILLS                 Second Lien                  114,750.00             135,000.00                     -             135,000.00
BURLESON                    First Lien                            -              88,000.00                     -              88,000.00
GRAND PRAIRIE               First Lien                            -              79,800.00                     -                      -
TULSA                       First Lien                            -              70,000.00                     -              70,000.00
ROWLETT                     Second Lien                   92,565.00             108,900.00                     -             108,900.00
HICKORY VALLEY              First Lien                            -              83,000.00                     -                      -
GRANBURY                    First Lien                            -             420,000.00                     -                      -
DALLAS                      First Lien                            -             141,058.00                     -             141,058.00
PLANO                       First Lien                            -             126,880.00             31,720.00             158,600.00
PLANO                       Second Lien                  126,880.00             158,600.00                     -             158,600.00
GRAND PRAIRIE               Second Lien                  167,992.00             209,990.00                     -             209,990.00
COVINGTON                   First Lien                            -              97,000.00                     -              97,000.00
FORT WORTH                  First Lien                            -              70,000.00                     -              70,000.00
EL PASO                     First Lien                            -             150,300.00                     -             167,000.00
LAGO VISTA                  Second Lien                  214,900.00             240,183.00                     -             252,830.00
BROWNSVILLE                 First Lien                            -              79,000.00                     -                      -
LUBBOCK                     First Lien                            -             109,055.00             19,245.00             128,300.00
LUBBOCK                     Second Lien                  109,055.00             128,300.00                     -             128,300.00
ANNA                        Second Lien                   94,000.00             117,500.00                     -             117,500.00
BOLIVAR                     First Lien                            -              80,000.00                     -              80,000.00
HUMBOLDT                    First Lien                            -              64,000.00                     -              64,000.00
ALEDO                       First Lien                            -             202,500.00                     -                      -
ARLINGTON                   Second Lien                  101,915.00             119,900.00                     -             119,900.00
COLLIERVILLE                First Lien                            -             135,500.00                     -                      -
BOLIVAR                     First Lien                            -              66,500.00                     -              66,500.00
HEARTLAND                   First Lien                            -             100,490.00                     -             100,490.00
MIDDLETON                   First Lien                            -              50,065.00                     -              50,065.00
FORT WORTH                  First Lien                            -             123,900.00                     -             123,900.00
RENOVA                      First Lien                            -             105,500.00                     -             105,500.00
MESQUITE                    First Lien                            -             106,250.00             18,750.00             125,000.00
MESQUITE                    Second Lien                  106,250.00             125,000.00                     -             125,000.00
MULVANE                     First Lien                            -             105,646.00                     -                      -
WHITWELL                    First Lien                            -             100,000.00                     -             100,000.00
HUTCHINSON                  First Lien                            -              98,000.00                     -                      -
LEWISVILLE                  Second Lien                   98,940.00             116,400.00                     -             116,400.00
CARROLLTON                  First Lien                            -             130,000.00                     -             130,000.00
LOUISVILLE                  First Lien                            -             104,900.00                     -             104,900.00
TULSA                       Second Lien                  107,100.00             126,000.00                     -             126,000.00
HORIZON CITY                First Lien                            -              94,200.00                     -              94,200.00
HORIZON CITY                First Lien                            -              81,200.00                     -              81,200.00
AUSTIN                      First Lien                            -             219,600.00                     -             244,000.00
LONGVIEW                    First Lien                            -             296,400.00                     -             296,400.00
HOUSTON                     Second Lien                  112,625.00             132,500.00                     -             132,500.00
CANYON LAKE                 First Lien                            -             196,100.00                     -             196,100.00
ABILENE                     First Lien                            -              53,000.00                     -              53,000.00
ANAHUAC                     First Lien                            -              55,800.00                     -              62,000.00
MIDLAND                     First Lien                            -              67,000.00                     -              67,000.00
HOUSTON                     First Lien                            -             177,990.00                     -             177,990.00
PASADENA                    Second Lien                  101,150.00             119,000.00                     -             119,000.00
PASADENA                    Second Lien                   80,000.00             100,000.00                     -             100,000.00
HOCKLEY                     Second Lien                   75,840.00              94,800.00                     -              94,800.00
BEAUMONT                    First Lien                            -             111,000.00                     -             111,000.00
COLUMBIA                    First Lien                            -              96,000.00                     -              96,000.00
AUSTIN                      First Lien                            -             359,920.00             89,980.00             449,900.00
HOUSTON                     First Lien                            -             126,520.00                     -             126,520.00
BEAUMONT                    First Lien                            -              89,900.00                     -              89,900.00
HOUSTON                     First Lien                            -             113,000.00                     -             113,000.00
PASADENA                    First Lien                            -             134,000.00                     -             134,000.00
SAN ANTONIO                 First Lien                            -              61,600.00                     -              61,600.00
HOUSTON                     Second Lien                   83,725.00              98,500.00                     -              98,500.00
HOUSTON                     First Lien                            -             115,690.00                     -             115,690.00
DUBLIN                      First Lien                            -              81,000.00                     -              81,000.00
HUMBLE                      First Lien                            -             144,000.00             36,000.00             180,000.00
GALENA PARK                 First Lien                            -              62,560.00             15,640.00              78,200.00
HOUSTON                     Second Lien                   56,000.00              70,000.00                     -              70,000.00
CYPRESS                     First Lien                            -             113,670.00             20,060.00             133,730.00
HUMBLE                      Second Lien                  104,720.00             123,201.00                     -             123,201.00
SAN ANTONIO                 First Lien                            -             127,500.00                     -             127,500.00
MCALLEN                     First Lien                            -              85,500.00                     -              90,000.00
PHARR                       First Lien                            -             180,090.00             45,023.00             225,113.00
PHARR                       Second Lien                  180,090.00             225,113.00                     -             225,113.00
AUSTIN                      First Lien                            -              98,320.00             24,580.00             122,900.00
AUSTIN                      Second Lien                   98,320.00             122,900.00                     -             122,900.00
KATY                        First Lien                            -             113,900.00                     -                      -
LEAGUE CITY                 Second Lien                   76,500.00              90,000.00                     -              90,000.00
WACO                        First Lien                            -              50,000.00                     -              50,000.00
MONTGOMERY                  First Lien                            -             167,450.00                     -             167,450.00
CROCKETT                    First Lien                            -             106,250.00             18,750.00             125,000.00
CROCKETT                    Second Lien                  106,250.00             125,000.00                     -             125,000.00
SAN JUAN                    First Lien                            -              74,242.00                     -              74,242.00
HOUSTON                     First Lien                            -             146,000.00                     -                      -
HOUSTON                     Second Lien                   84,140.00              98,990.00                     -              98,990.00
MONTGOMERY                  First Lien                            -             149,970.00                     -             149,970.00
RICHMOND                    First Lien                            -             236,000.00             59,000.00             295,000.00
MISSOURI CITY               First Lien                            -             168,500.00                     -             168,500.00
SUGAR LAND                  First Lien                            -             448,000.00                     -             560,000.00
KILLEEN                     First Lien                            -              73,500.00                     -              73,500.00
MCALLEN                     First Lien                            -             137,600.00             17,400.00                      -
HOUSTON                     First Lien                            -              72,000.00                     -              72,000.00
HITCHCOCK                   First Lien                            -              63,020.00             15,755.00              78,775.00
HITCHCOCK                   Second Lien                   63,020.00              78,775.00                     -              78,775.00
SAN ANTONIO                 First Lien                            -             124,000.00                     -                      -
HUFFMAN                     First Lien                            -             175,200.00             43,800.00             219,000.00
WHITESBORO                  First Lien                            -             130,000.00                     -             130,000.00
ROUND ROCK                  First Lien                            -              92,000.00                     -             115,000.00
LINDALE                     First Lien                            -             207,400.00             36,600.00             244,000.00
HOUSTON                     First Lien                            -              93,500.00                     -              93,500.00
HOUSTON                     Second Lien                  184,000.00             230,000.00                     -             230,000.00
HOUSTON                     First Lien                            -              53,000.00                     -              53,000.00
CLEVELAND                   First Lien                            -              71,200.00             17,800.00              89,000.00
CLEVELAND                   Second Lien                   71,200.00              89,000.00                     -              89,000.00
ROUND ROCK                  First Lien                            -             263,984.00             65,996.00             329,980.00
HOUSTON                     First Lien                            -             149,000.00                     -             149,000.00
AUSTIN                      First Lien                            -              94,400.00             23,600.00             118,000.00
EL PASO                     First Lien                            -              84,000.00                     -              84,000.00
PORTER                      First Lien                            -              73,450.00                     -             113,000.00
WAXAHACHIE                  First Lien                            -             143,000.00                     -             143,000.00
CYPRESS                     First Lien                            -             125,740.00                     -             125,740.00
HOUSTON                     First Lien                            -              97,750.00             17,250.00             115,000.00
HOUSTON                     Second Lien                   97,750.00             115,000.00                     -             115,000.00
SILSBEE                     First Lien                            -              89,900.00                     -              89,900.00
ROSENBERG                   First Lien                            -             251,500.00                     -             251,500.00
LONGVIEW                    First Lien                            -             142,900.00                     -             142,900.00
CANYON LAKE                 First Lien                            -             157,497.00             39,375.00             196,872.00
CEDAR PARK                  First Lien                            -             310,000.00                     -                      -
HOUSTON                     First Lien                            -             215,600.00             53,900.00             269,500.00
HUMBLE                      First Lien                            -             174,800.00             43,700.00             218,500.00
ORANGE                      First Lien                            -              74,000.00                     -              74,000.00
DALLAS                      First Lien                            -              68,000.00             17,000.00              85,000.00
DALLAS                      Second Lien                   68,000.00              85,000.00                     -              85,000.00
LAREDO                      First Lien                            -             105,190.00              2,630.00             131,490.00
SEALY                       First Lien                            -             143,920.00             35,980.00             179,900.00
BAYTOWN                     First Lien                            -             142,500.00                     -             150,000.00
KATY                        First Lien                            -              95,120.00             23,780.00             118,900.00
MISSOURI CITY               First Lien                            -             125,000.00                     -             125,000.00
LA PORTE                    First Lien                            -             159,332.00             39,833.00             199,165.00
HUMBLE                      First Lien                            -             156,686.00                     -             156,686.00
LEANDER                     First Lien                            -              72,000.00                     -              90,000.00
CYPRESS                     First Lien                            -             110,400.00             27,600.00             138,000.00
HOUSTON                     First Lien                            -              83,700.00                     -             139,500.00
DAYTON                      First Lien                            -             215,000.00                     -             215,000.00
THE WOODLANDS               First Lien                            -             293,250.00             51,750.00             345,000.00
BROWNSVILLE                 First Lien                            -              82,500.00                     -              82,500.00
KYLE                        First Lien                            -             218,000.00                     -             218,000.00
CORSICANA                   Second Lien                   55,200.00              69,000.00                     -              69,000.00
HUTTO                       First Lien                            -             199,269.00             49,818.00             249,087.00
PEARLAND                    First Lien                            -             286,056.00             71,514.00             357,570.00
HOUSTON                     First Lien                            -             135,490.00                     -             135,490.00
HUMBLE                      First Lien                            -             245,000.00                     -             245,000.00
DICKINSON                   First Lien                            -              66,000.00                     -              66,000.00
PEARLAND                    First Lien                            -             109,600.00             20,550.00             137,000.00
PEARLAND                    Second Lien                  109,600.00             130,150.00                     -             137,000.00
BAYTOWN                     First Lien                            -             210,000.00                     -             210,000.00
SAGINAW                     Second Lien                   96,000.00             120,000.00                     -             120,000.00
MESQUITE                    Second Lien                  163,200.00             192,000.00                     -             192,000.00
BOLIVAR                     Second Lien                  134,910.00             149,900.00                     -             149,900.00
OTTUMWA                     First Lien                            -              87,000.00                     -                      -
MARSHALLTOWN                Second Lien                   99,000.00             110,000.00                     -                      -
WYLIE                       Second Lien                  136,800.00             152,000.00                     -             152,000.00
HAYS                        Second Lien                  122,400.00             136,000.00                     -             136,000.00
GRINNELL                    Second Lien                  100,620.00             111,800.00                     -             111,800.00
ALLEN                       Second Lien                  188,973.00             209,971.00                     -             209,971.00
IOWA CITY                   Second Lien                   73,950.00              87,000.00                     -                      -
FREEMONT                    Second Lien                  152,000.00             190,000.00                     -                      -
NORFOLK                     Second Lien                  216,000.00             265,000.00                     -                      -
HOUSTON                     Second Lien                   79,900.00              94,000.00                     -              95,000.00
LUFKIN                      Second Lien                   75,335.00              88,630.00                     -              88,630.00
LEAGUE CITY                 Second Lien                  105,400.00             124,000.00                     -             124,000.00
TYLER                       First Lien                            -             119,000.00                     -                      -
KANSAS CITY                 Second Lien                   80,250.00              90,250.00                     -                      -
SOUTH HOUSTON               First Lien                            -              56,000.00                     -              56,000.00
LAREDO                      First Lien                            -             134,462.00             23,729.00             158,191.00
HOUSTON                     First Lien                            -             131,000.00                     -             131,000.00
SUGAR LAND                  Second Lien                  316,887.00             396,108.00                     -             396,109.00
HOUSTON                     Second Lien                  110,415.00             129,900.00                     -             129,900.00
HOUSTON                     First Lien                            -             127,600.00                     -             127,600.00
CROSBY                      Second Lien                   67,625.00              77,625.00                     -              86,250.00
HOUSTON                     First Lien                            -              85,000.00                     -              85,000.00
HIGHLANDS                   First Lien                            -              76,550.00                     -                      -
HOUSTON                     Second Lien                  155,200.00             194,000.00                     -             194,000.00
VIDOR                       First Lien                            -             123,600.00                     -             123,600.00
HOUSTON                     First Lien                            -             125,900.00                     -             125,900.00
LAKE CHARLES                First Lien                            -              65,000.00                     -              65,000.00
LUMBERTON                   Second Lien                  109,285.00             136,607.00                     -             136,607.00
SAN JUAN                    Second Lien                   96,800.00             121,000.00                     -                      -
WACO                        First Lien                            -              58,194.00                     -              58,194.00
KARNACK                     Second Lien                   71,920.00              89,900.00                     -              89,900.00
HORIZON                     First Lien                            -              89,350.00                     -              89,350.00
HOUSTON                     First Lien                            -             150,180.00                     -             150,180.00
CEDAR PARK                  Second Lien                  128,000.00             144,000.00                     -                      -
HOUSTON                     First Lien                            -             116,193.00                     -             116,193.00
BAYTOWN                     First Lien                            -             108,530.00                     -                      -
CHANNELVIEW                 First Lien                            -              85,850.00                     -             101,000.00
SAN ANTONIO                 Second Lien                   57,664.00              72,080.00                     -              72,080.00
MANOR                       Second Lien                   76,400.00              95,500.00                     -              95,500.00
FORT WORTH                  Second Lien                  137,800.00             155,000.00                     -                      -
LEAGUE CITY                 First Lien                            -             260,050.00                     -                      -
SILSBEE                     Second Lien                   58,880.00              73,600.00                     -              73,600.00
SAN JUAN                    Second Lien                   65,600.00              82,000.00                     -              82,000.00
WILLIS                      Second Lien                  130,400.00             163,000.00                     -                      -
HEMPSTEAD                   Second Lien                  132,000.00             165,000.00                     -             165,000.00
SAN ANTONIO                 First Lien                            -              79,500.00                     -              79,500.00
HUMBLE                      First Lien                            -              72,000.00                     -              72,000.00
HOUSTON                     Second Lien                  106,250.00             125,000.00                     -             125,000.00
HUMBLE                      Second Lien                   80,752.00             100,940.00                     -             100,940.00
RIO GRANDE CITY             Second Lien                   81,600.00              96,900.00                     -                      -
LYTLE                       First Lien                            -             220,800.00                     -                      -
HOUSTON                     First Lien                            -             127,250.00                     -             127,250.00
TOMBALL                     Second Lien                  110,320.00             137,900.00                     -             137,900.00
RICHMOND                    First Lien                            -             179,000.00                     -                      -
AUSTIN                      Second Lien                   95,795.00             112,700.00                     -             112,700.00
BROWNSVILLE                 First Lien                            -              72,700.00                     -              72,700.00
HOUSTON                     First Lien                            -             106,000.00                     -             106,000.00
CROSBY                      Second Lien                  287,200.00             359,000.00                     -             359,000.00
HOUSTON                     First Lien                            -             108,000.00                     -             108,000.00
VICTORIA                    Second Lien                   87,920.00             109,900.00                     -             109,900.00
SAN ANTONIO                 First Lien                            -             129,221.00             22,803.00             152,025.00
SAN ANTONIO                 Second Lien                  129,221.00             152,024.00                     -             152,025.00
ROSENBERG                   First Lien                            -             164,400.00                     -             164,400.00
BROWNSVILLE                 First Lien                            -             108,000.00                     -             108,000.00
HOUSTON                     Second Lien                   90,000.00             112,500.00                     -             112,500.00
SAN JUAN                    First Lien                            -              93,600.00                     -                      -
NEW CANEY                   Second Lien                  175,100.00             206,000.00                     -             206,000.00
HOUSTON                     Second Lien                   68,000.00              85,000.00                     -              85,000.00
HOUSTON                     First Lien                            -             116,000.00                     -             116,000.00
BAYTOWN                     First Lien                            -              51,200.00                     -              51,200.00
BROWNSVILLE                 First Lien                            -             140,400.00                     -                      -
LA PORTE                    First Lien                            -              65,000.00                     -              65,000.00
LEWISVILLE                  First Lien                            -             134,000.00                     -             134,000.00
HORIZON                     First Lien                            -              96,500.00                     -              96,500.00
HOUSTON                     First Lien                            -             137,000.00                     -             137,000.00
HOUSTON                     First Lien                            -              66,000.00                     -              66,000.00
VICTORIA                    Second Lien                   63,120.00              78,900.00                     -              78,900.00
HOUSTON                     First Lien                            -              75,000.00                     -              75,000.00
HOUSTON                     Second Lien                  169,915.00             189,905.00                     -             199,900.00
MAGNOLIA                    First Lien                            -             152,560.00                     -             152,560.00
AUSTIN                      First Lien                            -              61,000.00                     -              61,000.00
HOUSTON                     Second Lien                  116,000.00             130,500.00                     -             145,000.00
AUSTIN                      First Lien                            -             209,197.00             52,300.00             261,497.00
AUSTIN                      Second Lien                  209,197.00             261,497.00                     -             261,497.00
SPRING                      First Lien                            -             202,000.00                     -             202,000.00
HOUSTON                     First Lien                            -             155,000.00                     -             155,000.00
SPRING                      First Lien                            -             263,680.00                     -             263,680.00
HOUSTON                     First Lien                            -              93,000.00                     -              93,000.00
CYPRESS                     First Lien                            -             126,428.00                     -             126,428.00
HOUSTON                     First Lien                            -             106,366.00             18,771.00                      -
HOUSTON                     Second Lien                  106,366.00             125,137.00                     -                      -
SPRING                      Second Lien                  118,915.00             139,900.00                     -             139,900.00
HUMBLE                      First Lien                            -             109,728.00             27,432.00             137,160.00
HUMBLE                      Second Lien                  109,728.00             137,160.00                     -             137,160.00
EDINBURG                    First Lien                            -             131,300.00                     -             131,300.00
HOUSTON                     First Lien                            -             104,800.00                     -             104,800.00
BAYTOWN                     First Lien                            -             164,000.00             41,000.00             205,000.00
HOUSTON                     Second Lien                   91,375.00             107,500.00                     -             107,500.00
DONNA                       First Lien                            -              69,000.00                     -              69,000.00
EDINBURG                    First Lien                            -             153,000.00             27,000.00             180,000.00
HOUSTON                     First Lien                            -             175,112.00             43,778.00             218,890.00
FRESNO                      First Lien                            -             114,981.00                     -             114,981.00
SAN ANTONIO                 First Lien                            -              68,800.00                     -                      -
SAN ANTONIO                 First Lien                            -              84,000.00                     -              84,000.00
HOPKINS                     First Lien                            -             129,750.00                     -             129,750.00
BAYTOWN                     First Lien                            -              97,500.00                     -              97,500.00
KATY                        First Lien                            -             107,000.00                     -             107,000.00
PENITAS                     First Lien                            -             104,125.00             18,375.00             122,500.00
SEA BROOK                   First Lien                            -             344,000.00             86,000.00             430,000.00
PENITAS                     Second Lien                  104,125.00             122,500.00                     -             122,500.00
SAN ANTONIO                 Second Lien                   79,050.00              93,000.00                     -              93,000.00
PFLUGERVILLE                First Lien                            -             213,920.00             53,480.00             267,400.00
PENITAS                     First Lien                            -              66,400.00                     -                      -
EDINBURG                    Second Lien                  318,750.00             367,750.00                     -                      -
KINGWOOD                    First Lien                            -              88,800.00             22,200.00             111,000.00
SPRING                      First Lien                            -             135,495.00                     -             135,495.00
HOUSTON                     Second Lien                   84,150.00              99,000.00                     -                      -
VIDOR                       First Lien                            -             159,920.00             39,980.00             199,900.00
WINNIE                      First Lien                            -             100,000.00                     -             100,000.00
GRANADA HILLS               First Lien                            -             552,500.00             97,500.00             650,000.00
LAKE ELSINORE               Second Lien                  499,500.00             527,000.00                     -                      -
GRANADA HILLS               First Lien                            -             619,000.00                     -             619,000.00
HESPERIA                    Second Lien                  242,250.00             285,000.00                     -             285,000.00
RESEDA AREA                 Second Lien                  444,400.00             555,500.00                     -             555,500.00
SUN VALLEY                  Second Lien                  461,600.00             577,000.00                     -             577,000.00
MORENO VALLEY               Second Lien                  344,000.00             430,000.00                     -             430,000.00
SOUTH GATE                  Second Lien                  365,500.00             430,000.00                     -                      -
LOS ANGELES                 First Lien                            -             416,000.00            104,000.00             520,000.00
RIVERSIDE                   Second Lien                  316,000.00             395,000.00                     -                      -
DESERT HOT SPRI             First Lien                            -             120,000.00             15,000.00             150,000.00
DESERT HOT SPRI             Second Lien                  120,000.00             135,000.00                     -             150,000.00
LA PUENTE                   First Lien                            -             514,900.00                     -                      -
COSTA MESA                  First Lien                            -             612,000.00             68,000.00             680,000.00
COSTA MESA                  Second Lien                  612,000.00             680,000.00                     -             680,000.00
LAS VEGAS                   First Lien                            -             274,500.00                     -                      -
SUGARLOAF                   Second Lien                  171,920.00             214,900.00                     -             214,900.00
REDLANDS                    Second Lien                  296,000.00             370,000.00                     -             370,000.00
SANTA ANA                   Second Lien                  460,000.00             560,000.00                     -             560,000.00
SAN BERNARDINO              First Lien                            -             274,500.00             30,500.00                      -
HIGHLAND                    First Lien                            -             425,000.00                     -                      -
LOS ANGELES                 First Lien                            -             355,500.00                     -                      -
FONTANA                     Second Lien                  299,200.00             352,000.00                     -             352,000.00
SANTA CRUZ                  First Lien                            -           1,000,000.00                     -                      -
BAKERSFIELD                 First Lien                            -             269,500.00                     -             269,500.00
FONTANA AREA                First Lien                            -             415,000.00                     -                      -
EL MONTE                    Second Lien                  264,000.00             330,000.00                     -             330,000.00
WESTMINSTER                 First Lien                            -             569,500.00            100,500.00             670,000.00
FONTANA                     First Lien                            -             676,800.00                     -                      -
GARDEN GROVE                Second Lien                  414,000.00             460,000.00                     -                      -
MORENO VALLEY               Second Lien                  318,750.00             375,000.00                     -             375,000.00
LONG BEACH                  Second Lien                  603,000.00             670,000.00                     -             670,000.00
RIALTO                      Second Lien                  256,000.00             320,000.00                     -             320,000.00
NUEVO                       First Lien                            -             582,900.00                     -                      -
BAKERSFIELD                 First Lien                            -              50,000.00                     -                      -
LOS ANGELES                 Second Lien                  559,200.00             699,000.00                     -             699,000.00
PERRIS                      First Lien                            -             384,750.00                     -                      -
ONTARIO                     First Lien                            -             400,000.00                     -                      -
RIVERSIDE AREA              First Lien                            -             439,850.00                     -                      -
HESPERIA                    First Lien                            -             380,000.00                     -             380,000.00
ANAHEIM                     First Lien                            -             635,000.00                     -             635,000.00
SANTA ANA                   First Lien                            -             264,000.00             66,000.00             330,000.00
MONROVIA                    First Lien                            -             855,000.00                     -                      -
CORONA                      First Lien                            -             269,000.00                     -                      -
LOS ANGELES                 First Lien                            -             510,000.00                     -                      -
SANTA ROSA BEAC             First Lien                            -             306,000.00                     -                      -
LOS ANGELES                 First Lien                            -             520,000.00             97,500.00             650,000.00
DOWNEY                      First Lien                            -             465,000.00                     -                      -
RICHMOND                    First Lien                            -             320,000.00             80,000.00             400,000.00
SAN DIEGO                   First Lien                            -             312,000.00             78,000.00                      -
SAN DIEGO                   First Lien                            -             456,000.00                     -                      -
TEMECULA                    First Lien                            -             377,900.00                     -             377,900.00
CATHEDRAL CITY              First Lien                            -             164,000.00                     -                      -
HUNTINGTON BEAC             First Lien                            -             515,000.00                     -                      -
HIDDEN HILLS                First Lien                            -             675,000.00                     -                      -
ESCONDIDO                   First Lien                            -             510,000.00                     -                      -
DESERT HOT SPRI             First Lien                            -             250,750.00             44,250.00             295,000.00
HEBER                       First Lien                            -             284,990.00                     -             284,990.00
CHULA VISTA                 First Lien                            -             355,000.00                     -                      -
BRAWLEY                     First Lien                            -             303,920.00             75,980.00             379,900.00
CONWAY                      Second Lien                  153,900.00             171,000.00                     -             171,000.00
ROCKFORD                    First Lien                            -             244,800.00                     -                      -
LOS ANGELES                 Second Lien                  432,000.00             480,000.00                     -             480,000.00
LOS ANGELES                 First Lien                            -             536,310.00             59,590.00             595,900.00
LOS ANGELES                 Second Lien                  536,310.00             595,900.00                     -             595,900.00
CHICAGO                     Second Lien                   94,500.00             105,000.00                     -             105,000.00
NORTHRIDGE AREA             Second Lien                  440,000.00             550,000.00                     -             550,000.00
SANTA ANA                   Second Lien                  585,000.00             650,000.00                     -             650,000.00
APPLE VALLEY AR             Second Lien                  314,100.00             349,000.00                     -             349,000.00
LAKEPORT                    First Lien                            -             648,000.00            162,000.00             810,000.00
SURPRISE                    First Lien                            -             318,900.00                     -                      -
BAKERSFIELD                 First Lien                            -             218,000.00                     -             218,000.00
BLOOMINGTON ARE             Second Lien                  442,000.00             520,000.00                     -             520,000.00
ANAHEIM                     Second Lien                  408,000.00             480,000.00                     -             480,000.00
SAN DIEGO                   Second Lien                  361,137.00             401,264.00                     -             401,264.00
APPLE VALLEY                Second Lien                  292,500.00             308,750.00                     -             325,000.00
OCEANSIDE                   First Lien                            -             467,200.00            116,800.00             584,000.00
YUBA CITY                   Second Lien                  308,567.00             342,852.00                     -             342,853.00
SUN CITY                    Second Lien                  337,500.00             352,500.00                     -                      -
CARLSBAD                    First Lien                            -             416,000.00                     -             416,000.00
SAN DIEGO                   First Lien                            -             257,125.00             45,375.00             302,500.00
SAN YSIDRO                  Second Lien                  207,739.00             259,673.00                     -             259,674.00
MURRIETA                    Second Lien                  372,000.00             465,000.00                     -             465,000.00
SAN DIEGO                   First Lien                            -             360,000.00                     -                      -
EL CAJON                    First Lien                            -             372,000.00             93,000.00                      -
EL CAJON                    Second Lien                  372,000.00             465,000.00                     -                      -
SAN DIEGO                   First Lien                            -             512,000.00            128,000.00             640,000.00
SAN DIEGO                   First Lien                            -             446,500.00                     -                      -
SHASTA LAKE                 First Lien                            -             141,500.00             80,000.00             225,000.00
PALM DESERT                 First Lien                            -             680,000.00                     -                      -
OCEANSIDE                   Second Lien                  616,500.00             685,000.00                     -                      -
YUCAIPA                     First Lien                            -             712,500.00                     -                      -
ORANGEVALE                  Second Lien               26,100,000.00          26,129,000.00                     -             290,000.00
OLIVEHURST                  First Lien                            -             232,000.00                     -             232,000.00
RANCHO MURIETA              First Lien                            -             710,100.00             78,900.00             789,000.00
SAN DIEGO                   Second Lien                  348,000.00             435,000.00                     -             435,000.00
MURRIETA                    First Lien                            -             389,500.00                     -                      -
HEBER                       First Lien                            -             332,910.00                     -             369,900.00
ORANGE                      First Lien                            -             498,600.00                     -                      -
SAN DIEGO                   First Lien                            -             558,500.00            161,263.00                      -
VIRGINIA CITY H             First Lien                            -             467,500.00                     -                      -
RANCHO MIRAGE               First Lien                            -             630,000.00             70,000.00                      -
SAN JACINTO                 First Lien                            -             292,500.00                     -             325,000.00
THOUSAND OAKS               First Lien                            -             715,000.00                     -                      -
NORTH HIGHLANDS             First Lien                            -             222,300.00                     -                      -
SAN DIEGO                   First Lien                            -             560,000.00            136,000.00                      -
HEBER                       First Lien                            -             331,992.00                     -             414,990.00
SAN DIEGO                   First Lien                            -             480,800.00            120,200.00                      -
SAN LORENZO                 Second Lien                  408,000.00             510,000.00                     -             510,000.00
COUPEVILLE                  First Lien                            -             534,000.00                     -                      -
LA QUINTA                   First Lien                            -             570,000.00                     -                      -
BENICIA                     Second Lien                  456,000.00             570,000.00                     -             570,000.00
SACRAMENTO                  First Lien                            -             311,900.00                     -             311,900.00
SAN DIEGO                   First Lien                            -             500,388.00            125,098.00             625,486.00
SOLANA BEACH                First Lien                            -             750,000.00                     -                      -
HEMET                       First Lien                            -             346,500.00                     -                      -
ALISO VIEJO                 First Lien                            -             440,000.00                     -                      -
MENIFEE                     First Lien                            -             538,866.00             95,094.00             633,961.00
MENIFEE                     Second Lien                  538,866.00             633,960.00                     -             633,961.00
INDIO                       First Lien                            -             320,000.00                     -                      -
SALINAS                     First Lien                            -             900,000.00                     -           1,175,000.00
CHULA VISTA                 First Lien                            -             657,000.00                     -                      -
BERKELEY                    First Lien                            -             229,500.00                     -                      -
3443 MADISON AV             First Lien                            -             604,000.00            113,250.00             755,000.00
SACRAMENTO                  First Lien                            -             410,000.00                     -                      -
SAN JOSE                    First Lien                            -             639,000.00                     -                      -
IMPERIAL BEACH              First Lien                            -             225,500.00                     -             532,000.00
RIVERSIDE                   First Lien                            -             580,000.00                     -                      -
SAN JOSE                    First Lien                            -             568,000.00            142,000.00             710,000.00
SALIDA                      First Lien                            -             369,000.00                     -                      -
SAN DIEGO                   First Lien                            -             248,000.00             62,000.00             310,000.00
OAKDALE                     First Lien                            -             245,600.00             61,400.00             307,000.00
MATHER                      First Lien                            -             484,000.00                     -                      -
SACRAMENTO                  First Lien                            -             348,000.00             87,000.00                      -
LINCOLN                     First Lien                            -             240,000.00             60,000.00             300,000.00
SOLANA BEACH                First Lien                            -             698,400.00                     -             873,000.00
STOCKTON                    First Lien                            -             355,000.00                     -             355,000.00
SAN DIEGO                   First Lien                            -             608,000.00                     -                      -
SAN JOSE                    First Lien                            -             600,000.00                     -             600,000.00
CHULA VISTA                 First Lien                            -             282,400.00             70,600.00             353,000.00
CHULA VISTA                 Second Lien                  282,400.00             353,000.00                     -             353,000.00
SAN JOSE                    First Lien                            -             600,000.00            150,000.00             750,000.00
SAN JOSE                    Second Lien                  600,000.00             750,000.00                     -             750,000.00
ANTIOCH                     First Lien                            -             705,500.00            124,500.00                      -
HEBER                       First Lien                            -             339,575.00                     -             339,575.00
LAKESIDE                    First Lien                            -             590,000.00                     -                      -
SIMI VALLEY                 First Lien                            -             350,000.00                     -                      -
HOFFMAN ESTATES             Second Lien                  132,000.00             165,000.00                     -                      -
DETROIT                     Second Lien                   97,750.00             115,000.00                     -                      -
MENAHGA                     First Lien                            -             157,250.00                     -                      -
DEKALB                      First Lien                            -             124,800.00                     -                      -
LOCKPORT                    First Lien                            -             185,300.00             26,700.00                      -
OSWEGO                      First Lien                            -             136,000.00             24,000.00             160,000.00
HOUSTON                     Second Lien                   84,756.05              99,713.00                     -              99,713.00
GALVA                       Second Lien                  207,000.00             230,000.00                     -             230,000.00
IOLA                        Second Lien                   67,200.00              84,000.00                     -                      -
COLLEGE STATION             Second Lien                  106,250.00             125,000.00                     -             125,000.00
STANTON                     First Lien                            -             465,000.00                     -             465,000.00
DIAMOND BAR                 First Lien                            -             704,000.00                     -                      -
LAGUNA NIGUEL               First Lien                            -             332,100.00                     -             369,000.00
MORENO VALLEY               First Lien                            -             440,000.00                     -                      -
ANAHEIM                     First Lien                            -             510,000.00             90,000.00                      -
ONTARIO                     First Lien                            -             416,000.00            104,000.00                      -
PERRIS                      First Lien                            -             296,000.00             74,000.00             370,000.00
INGLEWOOD                   First Lien                            -             286,400.00             71,600.00                      -
INGLEWOOD                   Second Lien                  286,400.00             358,000.00                     -                      -
FONTANA                     First Lien                            -             304,800.00             76,200.00             381,000.00
CORONA                      First Lien                            -             549,000.00                     -                      -
CORONA                      First Lien                            -             504,000.00                     -                      -
CASTAIC                     First Lien                            -             515,000.00                     -                      -
RIALTO                      First Lien                            -             175,000.00                     -                      -
EL CAJON                    First Lien                            -             452,000.00                     -                      -
LA HABRA                    First Lien                            -             433,000.00                     -                      -
NORTH HOLLYWOOD             First Lien                            -             488,000.00                     -                      -
PACOIMA                     First Lien                            -             420,000.00            105,000.00             525,000.00
PACOIMA                     Second Lien                  420,000.00             525,000.00                     -             525,000.00
SAN BERNARDINO              First Lien                            -             252,000.00             63,000.00             315,000.00
CORONA                      First Lien                            -             350,000.00                     -                      -
LAKE ELSINORE               First Lien                            -             385,000.00                     -             385,000.00
BALTIMORE                   First Lien                            -             259,000.00                     -             259,000.00
AURORA                      Second Lien                  100,000.00             116,000.00                     -             116,000.00
AURORA                      Second Lien                  225,250.00             265,000.00                     -             265,000.00
DENVER                      Second Lien                  189,550.00             223,000.00                     -                      -
MONUMENT                    First Lien                            -             200,000.00             50,000.00                      -
AURORA                      Second Lien                   96,050.00             113,000.00                     -             113,000.00
FARMINGTON                  Second Lien                  184,450.00             217,000.00                     -                      -
STERLING                    Second Lien                  122,910.00             136,210.00                     -                      -
DENVER                      Second Lien                   89,250.00             105,000.00                     -             105,000.00
COLORADO SPRING             Second Lien                  140,250.00             165,000.00                     -             165,000.00
AURORA                      First Lien                            -             117,900.00                     -             117,900.00
CENTENNIAL                  First Lien                            -             205,700.00             36,300.00                      -
DENVER                      Second Lien                  140,000.00             157,500.00                     -             175,000.00
DENVER                      Second Lien                  125,600.00             141,300.00                     -             157,000.00
DENVER                      First Lien                            -             207,000.00                     -                      -
WESTMINSTER                 Second Lien                  178,500.00             210,000.00                     -             210,000.00
CARBONDALE                  First Lien                            -             301,750.00             53,250.00             355,000.00
CASTLE ROCK                 First Lien                            -             195,500.00             34,500.00                      -
CASTLE ROCK                 Second Lien                  195,500.00             230,000.00                     -                      -
DENVER                      Second Lien                  147,050.00             173,000.00                     -                      -
GREENWOOD VILLA             Second Lien                  454,400.00             511,200.00                     -                      -
DENVER                      First Lien                            -             174,250.00             30,750.00             205,000.00
DENVER                      Second Lien                  174,250.00             205,000.00                     -             205,000.00
WESTMINSTER                 Second Lien                  205,700.00             242,000.00                     -                      -
THORNTON                    First Lien                            -             165,000.00                     -             165,000.00
GREELEY                     First Lien                            -             181,000.00                     -                      -
LITTLETON                   First Lien                            -             338,720.00                     -             423,400.00
FORT LUPTON                 Second Lien                  125,375.00             147,500.00                     -                      -
ENGLEWOOD                   First Lien                            -             198,500.00                     -             198,500.00
DENVER                      First Lien                            -             134,400.00                     -             134,400.00
GREELEY                     Second Lien                  151,300.00             178,000.00                     -             178,000.00
ALAMOSA                     First Lien                            -             104,234.00             26,059.00             130,293.00
ALAMOSA                     Second Lien                  104,234.00             130,293.00                     -             130,293.00
CHEYENNE                    Second Lien                  113,050.00             133,000.00                     -             133,000.00
CASTLE ROCK                 First Lien                            -             335,750.00             48,650.00                      -
CARBONDALE                  Second Lien                  339,150.00             359,100.00                     -             399,000.00
DENVER                      First Lien                            -             178,500.00                     -             178,500.00
LAS VEGAS                   First Lien                            -             265,500.00                     -                      -
GLENROCK                    First Lien                            -             142,400.00                     -             142,400.00
EVANS                       First Lien                            -             145,000.00                     -             145,000.00
PLAIN CITY                  First Lien                            -             306,000.00             54,000.00             360,000.00
COMMERCE CITY               First Lien                            -             147,446.00             26,021.00             173,467.00
AURORA                      First Lien                            -             297,000.00                     -                      -
PROVO                       First Lien                            -              87,000.00                     -                      -
BRIGHTON                    First Lien                            -             301,750.00             53,250.00                      -
AURORA                      First Lien                            -             162,000.00                     -             162,000.00
LONGMONT                    First Lien                            -             132,000.00                     -             132,000.00
LITTLETON                   First Lien                            -             498,000.00                     -                      -
COLORADO SPRING             First Lien                            -             134,800.00                     -                      -
COMMERCE CITY               First Lien                            -              86,400.00             10,800.00             108,000.00
COMMERCE CITY               Second Lien                   86,400.00              97,200.00                     -             108,000.00
AURORA                      First Lien                            -             131,750.00             23,250.00             155,000.00
DENVER                      First Lien                            -             273,600.00             68,400.00                      -
COLORADO SPRING             First Lien                            -             184,000.00                     -             184,000.00
THORNTON                    First Lien                            -             159,000.00                     -             159,000.00
COLORADO SPRING             First Lien                            -             202,500.00                     -                      -
AURORA                      First Lien                            -             195,000.00                     -             195,000.00
WESTMINSTER                 First Lien                            -             273,600.00                     -                      -
DENVER                      First Lien                            -             688,000.00            172,000.00             860,000.00
DENVER                      First Lien                            -             290,000.00                     -                      -
NORTH LAS VEGAS             First Lien                            -             278,800.00             49,200.00             328,000.00
DENVER                      First Lien                            -             192,000.00                     -                      -
THORNTON                    First Lien                            -             380,000.00                     -             380,000.00
SANDY                       First Lien                            -             221,000.00                     -                      -
CASPER                      First Lien                            -             148,000.00                     -             148,000.00
COMMERCE CITY               Second Lien                  141,950.00             158,650.00                     -             167,000.00
TOOELE                      First Lien                            -             179,550.00                     -                      -
AMERICAN FORK               First Lien                            -             473,600.00                     -             473,600.00
HAYDEN                      First Lien                            -             197,000.00                     -             197,000.00
WOODLAND PARK               First Lien                            -             238,000.00                     -                      -
COLORADO SPRING             First Lien                            -             690,943.00                     -             690,943.00
BRIGHTON                    First Lien                            -             262,415.00             65,604.00             328,019.00
CHEYENNE                    First Lien                            -              89,000.00                     -              89,000.00
DENVER                      First Lien                            -             115,500.00                     -             115,500.00
LONGMONT                    First Lien                            -             312,000.00             78,000.00                      -
COLORADO SPRING             First Lien                            -             750,000.00                     -                      -
JOHNSTOWN                   First Lien                            -             303,000.00                     -             303,000.00
CAPE CORAL                  First Lien                            -             408,000.00            102,000.00             510,000.00
COMMERCE CITY               First Lien                            -             157,600.00             39,400.00             197,000.00
YORBA LINDA                 First Lien                            -             832,500.00             92,500.00             925,000.00
LAKEVILLE                   First Lien                            -             289,750.00                     -                      -
WESTMINSTER                 First Lien                            -             263,000.00                     -             425,000.00
NORFOLK                     First Lien                            -             178,200.00                     -             198,000.00
CHANNAHON                   First Lien                            -             340,000.00             85,000.00             425,000.00
RED LION                    First Lien                            -              84,000.00                     -              84,000.00
MINNEAPOLIS                 Second Lien                  110,500.00             130,000.00                     -             130,000.00
DETROIT                     Second Lien                   50,000.00              67,500.00                     -              75,000.00
URBANA                      First Lien                            -              76,000.00                     -              76,000.00
ALEDO                       Second Lien                  109,225.00             128,500.00                     -             128,500.00
DETROIT                     First Lien                            -              97,750.00             17,250.00                      -
HAMMOND                     Second Lien                   76,500.00              90,000.00                     -              90,000.00
ADRIAN                      Second Lien                   62,400.00              78,000.00                     -              78,000.00
OAK FOREST                  First Lien                            -             174,000.00                     -             174,000.00
FORT BRANCH                 First Lien                            -              78,000.00                     -              78,000.00
HOPKINSVILLE                First Lien                            -             100,000.00                     -             100,000.00
CHICAGO                     First Lien                            -             252,000.00                     -             315,000.00
DOLTON                      First Lien                            -             107,000.00                     -             107,000.00
HENDERSON                   First Lien                            -              53,000.00                     -              53,000.00
RIVERSIDE                   First Lien                            -             436,000.00            109,000.00                      -
PACOIMA                     First Lien                            -             408,000.00            102,000.00             510,000.00
FONTANA                     First Lien                            -             329,600.00             82,400.00             412,000.00
BANNING                     First Lien                            -             212,000.00             53,000.00             265,000.00
BANNING                     Second Lien                  212,000.00             265,000.00                     -             265,000.00
ADELANTO                    First Lien                            -             315,000.00                     -                      -
ANAHEIM                     First Lien                            -             635,000.00                     -                      -
CORONA                      First Lien                            -             640,000.00            160,000.00             800,000.00
COMPTON                     First Lien                            -             289,000.00             51,000.00             340,000.00
HELENDALE AREA              First Lien                            -             463,200.00            115,800.00             579,000.00
HESPERIA                    First Lien                            -             260,000.00             65,000.00             325,000.00
ANAHEIM                     First Lien                            -             587,000.00                     -                      -
(SAUGUS AREA) L             First Lien                            -             675,000.00                     -                      -
ANAHEIM                     First Lien                            -             706,500.00                     -                      -
ELMWOOD                     First Lien                            -             400,000.00                     -             500,000.00
PERRIS                      First Lien                            -             396,000.00             99,000.00             495,000.00
LOS ANGELES                 First Lien                            -             416,000.00            104,000.00             520,000.00
RIALTO                      First Lien                            -             300,000.00                     -             300,000.00
ORANGE (CITY)               First Lien                            -             516,000.00            129,000.00             645,000.00
SANTA ANA                   First Lien                            -             284,750.00             50,250.00             335,000.00
ORANGE                      First Lien                            -             460,000.00            115,000.00                      -
AURORA                      First Lien                            -             232,760.00             58,190.00             290,950.00
FONTANA AREA                First Lien                            -             445,000.00                     -             452,000.00
WINNETKA AREA               First Lien                            -             468,000.00            117,000.00             585,000.00
BELLFLOWER                  First Lien                            -             488,000.00            122,000.00             610,000.00
POMONA                      First Lien                            -             232,000.00             58,000.00             290,000.00
MURRIETA                    First Lien                            -             423,152.00            105,788.00             528,940.00
LAKE FOREST                 First Lien                            -             666,000.00                     -                      -
WEST COVINA                 First Lien                            -             533,600.00            133,400.00             667,000.00
FONTANA                     First Lien                            -             281,600.00             70,400.00             352,000.00
PARAMOUNT                   First Lien                            -             294,400.00             73,600.00             368,000.00
ANTIOCH                     First Lien                            -             810,000.00                     -                      -
SANTA ANA                   First Lien                            -             544,000.00            136,000.00             680,000.00
WESTMINSTER                 First Lien                            -             333,000.00                     -                      -
SUISUN CITY                 First Lien                            -             413,250.00                     -                      -
FONTANA                     First Lien                            -             520,792.00            130,198.00             650,994.00
HEMET                       First Lien                            -             459,000.00                     -                      -
LINDEN                      First Lien                            -             416,500.00                     -                      -
LOS ANGELES                 First Lien                            -             484,000.00            121,000.00             605,000.00
LADERA RANCH AR             First Lien                            -             740,000.00            185,000.00             925,000.00
RIVERSIDE                   First Lien                            -             312,000.00             78,000.00             390,000.00
ANAHEIM                     First Lien                            -             386,750.00             68,250.00             455,000.00
MORENO VALLEY               First Lien                            -             380,000.00                     -                      -
MORENO VALLEY               First Lien                            -             247,500.00                     -                      -
OAKLAND                     Second Lien                  436,000.00             545,000.00                     -                      -
ORANGE                      First Lien                            -             650,250.00            114,750.00                      -
HIGHLAND AREA               First Lien                            -             309,600.00             58,050.00             387,000.00
SANTA ANA                   First Lien                            -             660,000.00            165,000.00                      -
BAKERSFIELD                 First Lien                            -             310,250.00             54,750.00             365,000.00
GRAND TERRACE               First Lien                            -             370,000.00                     -             370,000.00
SANTA ANA                   First Lien                            -             488,750.00             86,250.00             575,000.00
RIALTO                      First Lien                            -             379,200.00             94,800.00             474,000.00
SAN BERNARDINO              First Lien                            -             250,750.00             44,250.00             295,000.00
GARDEN GROVE                First Lien                            -             367,500.00                     -                      -
GARDENA                     First Lien                            -             300,000.00                     -                      -
SANTA ANA                   First Lien                            -             480,717.00                     -                      -
SANTA ANA                   First Lien                            -             587,500.00                     -                      -
LOS ANGELES                 First Lien                            -             252,000.00                     -                      -
NORWALK                     First Lien                            -             463,250.00             81,750.00             545,000.00
BEAUMONT                    First Lien                            -             499,900.00                     -             499,900.00
SOUTH GATE                  First Lien                            -             612,000.00                     -                      -
SANTA ANA                   First Lien                            -             343,750.00                     -                      -
SANTA ANA                   First Lien                            -             244,000.00             61,000.00             305,000.00
RIALTO                      First Lien                            -             355,000.00                     -                      -
RIVERSIDE                   First Lien                            -             415,000.00                     -                      -
PERRIS                      First Lien                            -             540,000.00                     -                      -
ANAHEIM                     First Lien                            -             725,000.00            100,000.00             825,000.00
SANTA CLARITA               First Lien                            -             527,000.00             93,000.00             620,000.00
SAN FERNANDO                First Lien                            -             403,200.00            100,800.00             504,000.00
ANAHEIM                     First Lien                            -             467,415.00             82,485.00             549,900.00
SARATOGA SPRING             First Lien                            -             287,200.00             71,800.00             359,000.00
CHICAGO                     First Lien                            -             225,000.00                     -             225,000.00
HOUSTON                     Second Lien                   98,400.00             123,000.00                     -             123,000.00
SAN ANTONIO                 Second Lien                   61,600.00              77,000.00                     -              77,000.00
HOUSTON                     Second Lien                  125,375.00             147,500.00                     -             147,500.00
CROSBY                      Second Lien                  111,200.00             139,000.00                     -             139,000.00
HOUSTON                     Second Lien                  127,500.00             150,000.00                     -             150,000.00
HUTTO                       Second Lien                  156,072.00             183,615.00                     -             183,615.00
HI HAT                      First Lien                            -              83,000.00                     -              83,000.00
WYLIE                       First Lien                            -             378,400.00                     -                      -
MURFREESBORO                First Lien                            -             152,000.00                     -             160,000.00
BLUE RIDGE                  First Lien                            -              64,000.00                     -                      -
LARGO                       Second Lien                  125,800.00             148,000.00                     -             148,000.00
KINGMAN                     First Lien                            -              70,000.00                     -              70,000.00
WAMEGO                      Second Lien                  191,250.00             213,750.00                     -             225,000.00
KANSAS CITY                 First Lien                            -              90,000.00                     -              90,000.00
LEES SUMMIT                 First Lien                            -             675,000.00                     -             675,000.00
HESPERIA                    First Lien                            -             148,750.00             17,500.00             175,000.00
TOWNSEND                    First Lien                            -             208,000.00                     -                      -
YUBA CITY                   Second Lien                  261,067.00             290,074.00                     -             290,075.00

CITY1                         APPRAISAL                RECENT_APPRAISAL             LOAN_TO_VALUE            COMBO_LTV              MI
----------------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                   183,000.00                      183,000.00                    100.00               100.00             No MI
BIG BEAR CITY                450,000.00                      450,000.00                    100.00               100.00             No MI
JAMUL                      1,375,000.00                    1,375,000.00                     80.00               100.00             No MI
JAMUL                      1,170,000.00                    1,170,000.00                    100.00               100.00             No MI
HENDERSON                    615,000.00                      615,000.00                     85.00               100.00             No MI
BALDWIN PARK                 390,000.00                      390,000.00                     80.00                80.00             No MI
BONIFAY                      240,000.00                      240,000.00                     88.33                88.33             No MI
AVENUE BLOOMING              675,000.00                      675,000.00                     80.00               100.00             No MI
AVENUE BLOOMING              675,000.00                      675,000.00                    100.00               100.00             No MI
STANTON                      590,000.00                      590,000.00                     67.80                67.80             No MI
RIVERSIDE AREA               530,000.00                      530,000.00                     67.36                67.36             No MI
APPLE VALLEY                 288,000.00                      288,000.00                    100.00               100.00             No MI
CANYON COUNTRY               515,000.00                      515,000.00                     75.00                75.00             No MI
LAKE ELSINORE                369,000.00                      369,000.00                     80.00               100.00             No MI
LAKE ELSINORE                369,000.00                      369,000.00                    100.00               100.00             No MI
LOMITA                       605,000.00                      605,000.00                     29.75                29.75             No MI
LOS ANGELES                  530,000.00                      530,000.00                    100.00               100.00             No MI
RAWLINS                      126,000.00                      126,000.00                    100.00               100.00             No MI
AURORA                       255,000.00                      255,000.00                     80.00               100.00             No MI
CHULA VISTA                  715,000.00                      715,000.00                     64.76                64.76             No MI
SOUTH PLAINFIEL              410,000.00                      410,000.00                     56.10                56.10             No MI
OAKLEY                       518,000.00                      518,000.00                     80.00               100.00             No MI
SAN DIEGO                    350,000.00                      350,000.00                     80.00               100.00             No MI
SAN DIEGO                    350,000.00                      350,000.00                    100.00               100.00             No MI
SAN MARCOS                   580,000.00                      580,000.00                     80.00               100.00             No MI
SAN MARCOS                   580,000.00                      580,000.00                    100.00               100.00             No MI
TEMECULA                     870,000.00                      870,000.00                     80.00               100.00             No MI
TEMECULA                     870,000.00                      870,000.00                    100.00               100.00             No MI
SAN DIEGO                    497,000.00                      497,000.00                     69.01                69.01             No MI
HIGLEY                       470,000.00                      470,000.00                     60.64                60.64             No MI
BIG BEAR CITY                470,000.00                      470,000.00                     80.00               100.00             No MI
SALINAS                      560,000.00                      560,000.00                     80.00                95.00             No MI
SALINAS                      560,000.00                      560,000.00                     95.00                95.00             No MI
MURRIETA                     625,000.00                      625,000.00                     84.00                97.60             No MI
MENIFEE                      450,000.00                      450,000.00                     80.00               100.00             No MI
ALTON                        111,500.00                      111,500.00                    100.00               100.00             No MI
CLIFTON                      452,000.00                      452,000.00                     68.58                68.58             No MI
EL SOBRANTE                  650,000.00                      650,000.00                    100.00               100.00             No MI
KELLER                       137,000.00                      137,000.00                    100.00               100.00             No MI
LANCASTER                    405,000.00                      405,000.00                     92.59                92.59             No MI
PALMDALE                     355,000.00                      355,000.00                     80.00                97.00             No MI
EVERETT                      305,000.00                      305,000.00                    100.00               100.00             No MI
RESEDA                       650,000.00                      650,000.00                     80.00               100.00             No MI
SCOTTSDALE                 1,100,000.00                    1,100,000.00                     75.53                88.86             No MI
EL SOBRANTE                  650,000.00                      650,000.00                     80.00               100.00             No MI
EAST ORANGE                  298,000.00                      298,000.00                    100.00               100.00             No MI
FRISCO                       272,000.00                      272,000.00                     80.00                95.00             No MI
COSTA MESA                   690,000.00                      690,000.00                     90.00                90.00             No MI
PUYALLUP                     400,000.00                      400,000.00                    100.00               100.00             No MI
COLLIERVILLE                 106,000.00                      106,000.00                    100.00               100.00             No MI
FORT WORTH                   295,000.00                      295,000.00                     80.00                80.00             No MI
SAINT LOUIS                   94,000.00                       94,000.00                     79.79                79.79             No MI
SEATTLE                      301,000.00                      301,000.00                     90.00               100.00             No MI
SEATTLE                      301,000.00                      301,000.00                    100.00               100.00             No MI
KANSAS CITY                  265,000.00                      265,000.00                     85.00                99.72             No MI
LOVES PARK                   168,000.00                      168,000.00                    100.00               100.00             No MI
COEUR D ALENE                200,000.00                      200,000.00                     76.00                76.00             No MI
SEATAC                       550,000.00                      550,000.00                     90.00                90.00             No MI
LOS ANGELES                  625,000.00                      625,000.00                    100.00               100.00             No MI
LOS ANGELES                  385,000.00                      385,000.00                     70.00                70.00             No MI
BATESVILLE                   245,000.00                      245,000.00                     90.00                90.00             No MI
DELRAY BEACH                 925,000.00                      925,000.00                     80.00                90.00             No MI
CITY OF UPLAND               715,000.00                      715,000.00                     80.00                95.00             No MI
SAINT LOUIS                  120,000.00                      120,000.00                     95.00                95.00             No MI
FORT SMITH                    70,000.00                       70,000.00                    100.00               100.00             No MI
LOS ANGELES                  430,000.00                      430,000.00                    100.00               100.00             No MI
FONTANA                      590,500.00                      590,500.00                     80.00                80.00             No MI
LAMAR                        120,000.00                      120,000.00                     90.00                90.00             No MI
OXON HILL                    302,000.00                      302,000.00                     80.00               100.00             No MI
FAIRHAVEN                    255,000.00                      255,000.00                    100.00               100.00             No MI
HYANNIS                      390,000.00                      390,000.00                     90.00                90.00             No MI
FORT WORTH                    89,000.00                       89,000.00                     90.00                90.00             No MI
HUNTINGTON PARK              570,000.00                      570,000.00                    100.00               100.00             No MI
CAPE GIRARDEAU                85,000.00                       85,000.00                     90.00               100.00             No MI
WYOMING                      169,000.00                      169,000.00                    100.00               100.00             No MI
BALTIMORE                    167,000.00                      167,000.00                     85.00               100.00             No MI
BURBANK                    1,222,000.00                    1,222,000.00                     81.83                81.83             No MI
SPOKANE                      147,000.00                      147,000.00                    100.00               100.00             No MI
CLOVIS                       263,500.00                      263,500.00                     53.13                53.13             No MI
SPRING VALLEY              1,100,000.00                    1,100,000.00                     88.64                88.64             No MI
MURRIETA                     625,000.00                      625,000.00                     97.60                97.60             No MI
FLOSSMOOR                  1,500,000.00                    1,500,000.00                     61.33                61.33             No MI
BELVIDERE                    330,000.00                      330,000.00                     89.39                89.39             No MI
PFLUGERVILLE                  93,000.00                       93,000.00                    100.00               100.00             No MI
GALENA PARK                  790,000.00                      790,000.00                    100.00               100.00             No MI
COLUMBIA                     205,000.00                      205,000.00                    100.00               100.00             No MI
CHICAGO                      233,000.00                      233,000.00                     90.00                90.00             No MI
WEST LINN                    282,000.00                      282,000.00                     85.00               100.00             No MI
TOMBALL                      322,000.00                      322,000.00                    100.00               100.00             No MI
WEST VALLEY CIT              259,000.00                      259,000.00                    100.00               100.00             No MI
HOUSTON                       75,000.00                       75,000.00                    100.00               100.00             No MI
LONG BEACH                   460,000.00                      460,000.00                     89.13                89.13             No MI
KISSIMMEE                    255,000.00                      255,000.00                    100.00               100.00             No MI
KATY                         155,000.00                      155,000.00                    100.00               100.00             No MI
TAMPA                        315,000.00                      315,000.00                     85.00               100.00             No MI
YOUNGSTOWN                   152,500.00                      152,500.00                    100.00               100.00             No MI
PALO                         270,000.00                      270,000.00                    100.00               100.00             No MI
LYNN                         375,000.00                      375,000.00                     70.67                70.67             No MI
TURRELL                       75,000.00                       75,000.00                     70.00                70.00             No MI
PEMBROKE PINES               385,000.00                      385,000.00                    100.00               100.00             No MI
LITTLETON                    220,000.00                      220,000.00                    100.00               100.00             No MI
FORT VALLEY                  268,000.00                      268,000.00                     79.29                93.28             No MI
SAN BERNARDINO               375,000.00                      375,000.00                    100.00               100.00             No MI
PHENIX                       110,000.00                      110,000.00                     95.00                95.00             No MI
OAK PARK                     370,000.00                      370,000.00                    100.00               100.00             No MI
KANSAS CITY                   80,000.00                       80,000.00                    100.00               100.00             No MI
LONG BEACH                 1,200,000.00                    1,200,000.00                     75.00                75.00             No MI
WICHITA                       79,000.00                       79,000.00                    100.00               100.00             No MI
CORONA                       428,000.00                      428,000.00                     85.00               100.00             No MI
PUTNAM CT 06260              250,000.00                      250,000.00                     80.00                80.00             No MI
WHITTIER AREA                605,000.00                      605,000.00                     56.20                56.20             No MI
QUARTZ HILL ARE              675,000.00                      675,000.00                    100.00               100.00             No MI
KANSAS CITY                  105,000.00                      105,000.00                     80.00                80.00             No MI
SAN JUAN                      70,000.00                       70,000.00                     80.00                80.00             No MI
NEWTON                        87,000.00                       87,000.00                    100.00               100.00             No MI
MAQUOKETA                    241,000.00                      241,000.00                    100.00               100.00             No MI
PRAIRIE CITY                 308,000.00                      308,000.00                     87.50                87.50             No MI
KANSAS CITY                   85,000.00                       85,000.00                    100.00               100.00             No MI
EAGLE MOUNTAIN               210,000.00                      210,000.00                    100.00               100.00             No MI
YORBA LINDA                1,050,000.00                    1,050,000.00                     85.71                85.71             No MI
INGLEWOOD                    575,000.00                      575,000.00                    100.00               100.00             No MI
MINDEN                       271,000.00                      271,000.00                     80.00                80.00             No MI
HOUSTON                      133,000.00                      133,000.00                     80.00                97.26             No MI
IOLA                          84,000.00                       84,000.00                     80.00               100.00             No MI
KANSAS CITY                   68,000.00                       68,000.00                    100.00               100.00             No MI
SAINT LOUIS                  115,000.00                      115,000.00                     90.00               100.00             No MI
HOUSTON                       50,000.00                       50,000.00                    100.00               100.00             No MI
CHICAGO                      375,000.00                      375,000.00                     90.00               100.00             No MI
FORT WORTH                   128,000.00                      128,000.00                    100.00               100.00             No MI
FLORISSANT                   185,000.00                      185,000.00                     94.59                94.59             No MI
KANSAS CITY                   85,000.00                       85,000.00                    100.00               100.00             No MI
ISSAQUAH                   1,100,000.00                    1,100,000.00                     80.00                80.00             No MI
FRESNO                       345,000.00                      345,000.00                    100.00               100.00             No MI
REDMOND                      650,000.00                      650,000.00                    100.00               100.00             No MI
CHICAGO                      275,000.00                      275,000.00                     80.00                90.00             No MI
COSTA MESA                 1,120,000.00                    1,120,000.00                     55.36                55.36             No MI
TEMPE                        185,000.00                      185,000.00                     70.00                70.00             No MI
CARROLLTON                   220,000.00                      220,000.00                     80.00                95.91             No MI
HOUSTON                      390,000.00                      390,000.00                     80.00               100.00             No MI
UNIC AREA OF LA              425,000.00                      425,000.00                    100.00               100.00             No MI
KANSAS CITY                  165,900.00                      165,900.00                     81.62               100.00             No MI
SAINT LOUIS                  125,000.00                      125,000.00                    100.00               100.00             No MI
OMAHA                        145,000.00                      145,000.00                    100.00               100.00             No MI
DAVENPORT                    182,000.00                      182,000.00                     80.00               100.00             No MI
DAVENPORT                    182,000.00                      182,000.00                    100.00               100.00             No MI
LEAVENWORTH                  138,000.00                      138,000.00                    100.00               100.00             No MI
SPANAWAY                     230,000.00                      230,000.00                     95.00                95.00             No MI
PORT ORCHARD                 230,000.00                      230,000.00                     85.00               100.00             No MI
POST FALLS                   160,000.00                      160,000.00                     80.00               100.00             No MI
POST FALLS                   160,000.00                      160,000.00                    100.00               100.00             No MI
IONA                         125,500.00                      125,500.00                     79.68                79.68             No MI
POULSBO                      300,000.00                      300,000.00                     82.33                82.33             No MI
BELLINGHAM                   298,000.00                      298,000.00                    100.00               100.00             No MI
SPANAWAY                     260,000.00                      260,000.00                     79.62                79.62             No MI
GERVAIS                      237,000.00                      237,000.00                    100.00               100.00             No MI
HARRISBURG                   240,000.00                      240,000.00                     80.00               100.00             No MI
HARRISBURG                   240,000.00                      240,000.00                    100.00               100.00             No MI
TACOMA                       265,000.00                      265,000.00                    100.00               100.00             No MI
VANCOUVER                    365,000.00                      365,000.00                     80.00                80.00             No MI
NORTH LAS VEGAS              310,000.00                      310,000.00                     80.00               100.00             No MI
NORTH LAS VEGAS              310,000.00                      310,000.00                    100.00               100.00             No MI
BURLINGTON                   235,000.00                      235,000.00                     76.94                76.94             No MI
PORT ORCHARD                 332,000.00                      332,000.00                    100.00               100.00             No MI
ONTARIO                      195,000.00                      195,000.00                    100.00               100.00             No MI
APPLE VALLEY                 273,000.00                      273,000.00                    100.00               100.00             No MI
120-120 1/2 41S              780,000.00                      780,000.00                     85.00               100.00             No MI
NORWALK                      675,000.00                      675,000.00                     80.00               100.00             No MI
NORWALK                      675,000.00                      675,000.00                    100.00               100.00             No MI
CARSON                       535,000.00                      535,000.00                     74.77                74.77             No MI
120-120 1/2 41S              780,000.00                      780,000.00                    100.00               100.00             No MI
LONG BEACH                   530,000.00                      530,000.00                     80.00                80.00             No MI
WINNETKA                     630,000.00                      630,000.00                     80.00               100.00             No MI
WINNETKA                     630,000.00                      630,000.00                    100.00               100.00             No MI
RIVERSIDE                    288,000.00                      288,000.00                    100.00               100.00             No MI
AREA OF LOS ANG              425,000.00                      425,000.00                     80.00               100.00             No MI
LONG BEACH                   183,000.00                      183,000.00                     80.00               100.00             No MI
REDONDO BEACH              1,200,000.00                    1,200,000.00                     80.00               100.00             No MI
SURPRISE                     332,000.00                      332,000.00                     80.00                80.00             No MI
RANCHO CUCAMONG              470,000.00                      470,000.00                     90.00               100.00             No MI
ORANGE                       575,000.00                      575,000.00                     80.00                80.00             No MI
ORANGE                       575,000.00                      575,000.00                    100.00               100.00             No MI
FONTANA                      435,000.00                      435,000.00                     80.00               100.00             No MI
(STUDIO CITY AR              950,000.00                      950,000.00                    100.00               100.00             No MI
PALMDALE                     525,000.00                      525,000.00                     90.00               100.00             No MI
HEMET                        295,000.00                      295,000.00                    100.00               100.00             No MI
LOS ANGELES                  720,000.00                      720,000.00                     95.00                95.00             No MI
LOS ANGELES                  550,000.00                      550,000.00                     90.00               100.00             No MI
LOS ANGELES                  380,000.00                      380,000.00                     80.00               100.00             No MI
SAN BERNARDINO               405,000.00                      405,000.00                     80.00               100.00             No MI
FONTANA                      640,000.00                      640,000.00                    100.00               100.00             No MI
LOS ANGELES                  625,000.00                      625,000.00                     85.00               100.00             No MI
LONG BEACH                   480,000.00                      480,000.00                     80.00                80.00             No MI
(LA PUENTE AREA              760,000.00                      760,000.00                     90.00               100.00             No MI
VAN NUYS AREA L              480,000.00                      480,000.00                     80.00               100.00             No MI
SAN DIMAS                    655,000.00                      655,000.00                     89.31                89.31             No MI
OXNARD                       540,000.00                      540,000.00                     80.00                95.00             No MI
AREA OF HEMET                290,000.00                      290,000.00                     80.00               100.00             No MI
HESPERIA                     329,500.00                      329,500.00                     80.00               100.00             No MI
STOCKTON                     280,000.00                      280,000.00                     95.00                95.00             No MI
LAKEWOOD                     570,000.00                      570,000.00                     80.00               100.00             No MI
FONTANA                      375,000.00                      375,000.00                     80.00               100.00             No MI
LAWNDALE                     700,000.00                      700,000.00                     90.00               100.00             No MI
CANOGA PARK ARE              520,000.00                      520,000.00                     80.00                80.00             No MI
FALLBROOK                    610,000.00                      610,000.00                     80.00               100.00             No MI
LAS VEGAS                    299,000.00                      299,000.00                     80.00               100.00             No MI
LOS ANGELES                  570,000.00                      570,000.00                     85.00               100.00             No MI
COMPTON                      525,000.00                      525,000.00                     85.00               100.00             No MI
BALDWIN PARK                 428,000.00                      428,000.00                     80.00               100.00             No MI
CYPRESS                      850,000.00                      850,000.00                     80.00               100.00             No MI
COMPTON                      400,000.00                      400,000.00                     80.00               100.00             No MI
LOS ANGELES                  560,000.00                      560,000.00                     90.00               100.00             No MI
LOS ANGELES                  840,000.00                      840,000.00                     85.00               100.00             No MI
LONG BEACH                   680,000.00                      680,000.00                     80.00                95.00             No MI
LONG BEACH                   680,000.00                      680,000.00                     95.00                95.00             No MI
SANTA ANA                    765,000.00                      765,000.00                     79.74                79.74             No MI
LOS ANGELES                  510,000.00                      510,000.00                     78.43                78.43             No MI
SAN DIEGO                    330,000.00                      330,000.00                     80.00               100.00             No MI
AREA OF SYLMAR               375,000.00                      375,000.00                     80.00               100.00             No MI
CHINO                        435,000.00                      435,000.00                    100.00               100.00             No MI
AREA OF BLOOMIN              354,000.00                      354,000.00                     80.00               100.00             No MI
LOS ANGELES                  750,000.00                      750,000.00                     82.67                82.67             No MI
(COMPTON AREA)               575,000.00                      575,000.00                     69.57                69.57             No MI
PROVO                        130,000.00                      130,000.00                    100.00               100.00             No MI
ADELANTO                     173,000.00                      173,000.00                     80.00               100.00             No MI
KENNEWICK                    135,000.00                      135,000.00                     80.00                95.00             No MI
PORTLAND                     255,000.00                      255,000.00                     90.00                90.00             No MI
COEUR D ALENE                180,000.00                      180,000.00                     80.00                90.00             No MI
EATONVILLE                   207,000.00                      207,000.00                     90.00               100.00             No MI
FEDERAL WAY                  326,000.00                      326,000.00                     90.00                90.00             No MI
PORTLAND                     215,000.00                      215,000.00                    100.00               100.00             No MI
RENTON                       475,000.00                      475,000.00                     85.00                85.00             No MI
SPANAWAY                     264,000.00                      264,000.00                     90.00               100.00             No MI
SPANAWAY                     264,000.00                      264,000.00                    100.00               100.00             No MI
SEATTLE                      350,000.00                      350,000.00                     80.00                90.00             No MI
SUMNER                       250,000.00                      250,000.00                    100.00               100.00             No MI
LAKE FOREST                  780,000.00                      780,000.00                     85.00                85.00             No MI
MARYSVILLE                   350,000.00                      350,000.00                     80.00                80.00             No MI
ASHFORD                      150,000.00                      150,000.00                    100.00               100.00             No MI
RATHDRUM                     225,000.00                      225,000.00                     85.00               100.00             No MI
ABERDEEN                      85,000.00                       85,000.00                     90.00               100.00             No MI
MILWAUKIE                    288,400.00                      288,400.00                     85.00               100.00             No MI
REDMOND                      178,000.00                      178,000.00                     92.13                92.13             No MI
TACOMA                       266,000.00                      266,000.00                    100.00               100.00             No MI
PUYALLUP                     285,000.00                      285,000.00                     85.00                98.69             No MI
PUYALLUP                     405,000.00                      405,000.00                     98.02                98.02             No MI
KENNEWICK                    135,000.00                      135,000.00                     95.00                95.00             No MI
PORTLAND                     250,000.00                      250,000.00                     84.80                84.80             No MI
MULWAUKIE                    348,000.00                      348,000.00                     79.02                79.02             No MI
MALAGA                       400,000.00                      400,000.00                     20.00                20.00             No MI
PORT ORCHARD                 200,000.00                      200,000.00                     80.00               100.00             No MI
BUCKLEY                      390,000.00                      390,000.00                     85.00               100.00             No MI
BONNEY LAKE                  265,000.00                      265,000.00                     90.00               100.00             No MI
NAMPA                        177,000.00                      177,000.00                     84.75                84.75             No MI
TACOMA                       199,000.00                      199,000.00                     90.00               100.00             No MI
TACOMA                       199,000.00                      199,000.00                    100.00               100.00             No MI
LAKEWOOD                     415,000.00                      415,000.00                     73.73                73.73             No MI
OLYMPIA                      285,000.00                      285,000.00                     90.00               100.00             No MI
COEUR D ALENE                180,000.00                      180,000.00                     90.00                90.00             No MI
TACOMA                       224,000.00                      224,000.00                     80.00               100.00             No MI
SPOKANE                      105,000.00                      105,000.00                     90.00               100.00             No MI
SEATTLE                      437,000.00                      437,000.00                     80.00               100.00             No MI
ABERDEEN                     175,000.00                      175,000.00                     80.00               100.00             No MI
COVINGTON                    249,000.00                      249,000.00                     80.00               100.00             No MI
TACOMA                       200,000.00                      200,000.00                     80.00               100.00             No MI
EUGENE                       372,000.00                      372,000.00                     80.00               100.00             No MI
TACOMA                       277,000.00                      277,000.00                     80.00               100.00             No MI
PHOENIX                      240,000.00                      240,000.00                     90.00                90.00             No MI
SUMNER                       257,000.00                      257,000.00                     90.00               100.00             No MI
EUGENE                       169,900.00                      169,900.00                     80.00               100.00             No MI
SEATTLE                      500,000.00                      500,000.00                     80.00               100.00             No MI
WOODINVILLE                  535,000.00                      535,000.00                     80.00               100.00             No MI
TACOMA                       255,000.00                      255,000.00                     80.00               100.00             No MI
SHELTON                      250,000.00                      250,000.00                    100.00               100.00             No MI
EVERETT                      355,000.00                      355,000.00                    100.00               100.00             No MI
PASADENA                     650,000.00                      650,000.00                    100.00               100.00             No MI
SIMI VALLEY                  590,000.00                      590,000.00                     95.00                95.00             No MI
VICTORVILLE                  305,000.00                      305,000.00                     90.00                90.00             No MI
PALMDALE                     365,000.00                      365,000.00                     93.42                93.42             No MI
LOS ANGELES                  450,000.00                      450,000.00                    100.00               100.00             No MI
SAN DIEGO                    510,000.00                      510,000.00                     91.18                91.18             No MI
BUENA PARK                   450,000.00                      450,000.00                     80.00               100.00             No MI
TRABUCO CANYON               400,000.00                      400,000.00                    100.00               100.00             No MI
CHATSWORTH                   775,000.00                      775,000.00                     80.00               100.00             No MI
CORONA                       545,000.00                      545,000.00                    100.00               100.00             No MI
BELLFLOWER                   560,000.00                      560,000.00                     95.00                95.00             No MI
LOS ANGELES                  430,000.00                      430,000.00                    100.00               100.00             No MI
HAWTHORNE                    400,000.00                      400,000.00                     80.00                90.00             No MI
IRVINE                     1,100,000.00                    1,100,000.00                     56.82                56.82             No MI
SANTA PAULA                  628,000.00                      628,000.00                     70.00                70.00             No MI
LAKEWOOD                     600,000.00                      600,000.00                     80.00                80.00             No MI
ALHAMBRA                     635,000.00                      635,000.00                     90.00               100.00             No MI
SACRAMENTO                   280,000.00                      280,000.00                     89.29                89.29             No MI
LOS ANGELES                  437,000.00                      437,000.00                     80.00               100.00             No MI
SAN BERNARDINO               265,000.00                      265,000.00                    100.00               100.00             No MI
STOCKTON                     334,000.00                      334,000.00                     85.00               100.00             No MI
LONG BEACH                   625,000.00                      625,000.00                     92.80                92.80             No MI
KLAMATH FALLS                 84,000.00                       84,000.00                    100.00               100.00             No MI
BELLINGHAM                   220,000.00                      220,000.00                    100.00               100.00             No MI
PORTLAND                     229,000.00                      229,000.00                    100.00               100.00             No MI
PUYALLUP                     430,000.00                      430,000.00                     95.00                95.00             No MI
TACOMA                       150,000.00                      150,000.00                     85.00                85.00             No MI
WASILLA                      228,280.00                      228,280.00                    100.00               100.00             No MI
SPOKANE                      155,000.00                      155,000.00                     85.00                85.00             No MI
WENDELL                       72,500.00                       72,500.00                     95.00                95.00             No MI
PAYETTE                       84,000.00                       84,000.00                    100.00               100.00             No MI
TACOMA                       225,000.00                      225,000.00                     85.00               100.00             No MI
SUQUAMISH                    239,000.00                      239,000.00                     64.44                64.44             No MI
PORTLAND                     195,000.00                      195,000.00                     95.00                95.00             No MI
TACOMA                       187,000.00                      187,000.00                    100.00               100.00             No MI
PUYALLUP                     169,500.00                      169,500.00                    100.00               100.00             No MI
UNIVERSITY PLAC              340,000.00                      340,000.00                     85.00               100.00             No MI
COVINGTON                    393,000.00                      393,000.00                    100.00               100.00             No MI
TWIN FALLS                   168,500.00                      168,500.00                    100.00               100.00             No MI
GIG HARBOR                   407,000.00                      407,000.00                     95.00                95.00             No MI
SHELTON                      188,000.00                      188,000.00                     89.89                89.89             No MI
PORTLAND                     320,000.00                      320,000.00                     85.00                85.00             No MI
SPRINGFIELD                  331,000.00                      331,000.00                    100.00               100.00             No MI
SEDRO WOOLLEY                215,000.00                      215,000.00                    100.00               100.00             No MI
REPUBLIC                      95,000.00                       95,000.00                    100.00               100.00             No MI
ABERDEEN                     150,000.00                      150,000.00                    100.00               100.00             No MI
OTHELLO                       83,000.00                       83,000.00                    100.00               100.00             No MI
BOTHELL                      225,000.00                      225,000.00                    100.00               100.00             No MI
SPOKANE                      149,000.00                      149,000.00                     85.00               100.00             No MI
SPOKANE                      149,000.00                      149,000.00                    100.00               100.00             No MI
VALHALLA                     850,000.00                      850,000.00                     58.82                58.82             No MI
MONCKS CORNER                133,000.00                      133,000.00                    100.00               100.00             No MI
BANGOR                       155,000.00                      155,000.00                    100.00               100.00             No MI
TRENTON                      106,000.00                      106,000.00                    100.00               100.00             No MI
LANHAM                       800,000.00                      800,000.00                     83.44                83.44             No MI
LOWELL                       277,000.00                      277,000.00                     90.00                95.00             No MI
LOWELL                       277,000.00                      277,000.00                     95.00                95.00             No MI
CALUMET CITY                 168,000.00                      168,000.00                     85.00               100.00             No MI
CALUMET CITY                 168,000.00                      168,000.00                    100.00               100.00             No MI
TOWER CITY                   165,000.00                      165,000.00                    100.00               100.00             No MI
MARKHAM                      142,000.00                      142,000.00                    100.00               100.00             No MI
SAINT CLAIR SHO              106,500.00                      106,500.00                     85.00                85.00             No MI
ATLANTA                      150,000.00                      150,000.00                     80.00                90.00             No MI
MONTICELLO                   210,000.00                      210,000.00                    100.00               100.00             No MI
NORRIDGE                     715,000.00                      715,000.00                    100.00               100.00             No MI
BROOKLYN PARK                200,000.00                      200,000.00                     80.00               100.00             No MI
DETROIT                       75,000.00                       75,000.00                     76.67                90.00             No MI
DETROIT                       75,000.00                       75,000.00                     90.00                90.00             No MI
CANTON                       256,000.00                      256,000.00                     80.00                80.00             No MI
BOYNTON BEACH                206,000.00                      206,000.00                    100.00               100.00             No MI
CHICAGO                      575,000.00                      575,000.00                    100.00               100.00             No MI
DECATUR                      168,000.00                      168,000.00                    100.00               100.00             No MI
GARY                         203,000.00                      203,000.00                     85.00               100.00             No MI
GARY                         203,000.00                      203,000.00                    100.00               100.00             No MI
HAMPTON                      126,000.00                      126,000.00                    100.00               100.00             No MI
ADDISON                      255,000.00                      255,000.00                    100.00               100.00             No MI
PALATINE                     320,000.00                      320,000.00                     95.00                95.00             No MI
ROBBINSDALE                  244,000.00                      244,000.00                    100.00               100.00             No MI
LITTLE FALLS                 163,000.00                      163,000.00                    100.00               100.00             No MI
PRINCETON                    155,000.00                      155,000.00                    100.00               100.00             No MI
BROOKLYN PARK                275,000.00                      275,000.00                     80.00                80.00             No MI
BROOKLYN PARK                275,000.00                      275,000.00                    100.00               100.00             No MI
LAND O LAKES                 313,000.00                      313,000.00                     85.00                85.00             No MI
CHASKA                       187,000.00                      187,000.00                     80.00               100.00             No MI
SAINT PAUL                   170,000.00                      170,000.00                    100.00               100.00             No MI
HANOVER PARK                 167,000.00                      167,000.00                    100.00               100.00             No MI
BUCKEYE                      228,000.00                      228,000.00                    100.00               100.00             No MI
KINGMAN                      120,000.00                      120,000.00                     85.00               100.00             No MI
LAS VEGAS                  1,155,000.00                    1,155,000.00                     80.04               100.00             No MI
PHOENIX                      383,000.00                      383,000.00                     79.99                99.99             No MI
KANSAS CITY                   96,000.00                       96,000.00                     85.00               100.00             No MI
KANSAS CITY                   96,000.00                       96,000.00                    100.00               100.00             No MI
DETROIT                      122,000.00                      122,000.00                    100.00               100.00             No MI
CHADWICK                     116,800.00                      116,800.00                    100.00               100.00             No MI
RICHMOND                     162,000.00                      162,000.00                     80.00               100.00             No MI
NEW BEDFORD                  190,000.00                      190,000.00                    100.00               100.00             No MI
RICHMOND                     207,000.00                      207,000.00                    100.00               100.00             No MI
COLUMBIA                     153,000.00                      153,000.00                    100.00               100.00             No MI
BANGOR                       136,000.00                      136,000.00                    100.00               100.00             No MI
NASHUA                       340,000.00                      340,000.00                     85.00                85.00             No MI
CHARLOTTE                    139,000.00                      139,000.00                     80.00                80.00             No MI
DETROIT                       73,000.00                       73,000.00                     68.49                68.49             No MI
CROWLEY                      155,000.00                      155,000.00                     85.00               100.00             No MI
MIAMI                        294,000.00                      294,000.00                     85.00               100.00             No MI
RIDGELAND                     70,000.00                       70,000.00                     74.63                90.00             No MI
RAILROAD FLAT                255,000.00                      255,000.00                     75.00                75.00             No MI
LANCASTER                    108,500.00                      108,500.00                    100.00               100.00             No MI
RIDGELAND                     70,000.00                       70,000.00                     90.00                90.00             No MI
HALSTEAD                     122,000.00                      122,000.00                     85.00                85.00             No MI
GILBERT                      349,000.00                      349,000.00                     79.99                99.97             No MI
GILBERT                      349,000.00                      349,000.00                     99.97                99.97             No MI
DETROIT                      122,000.00                      122,000.00                     80.00               100.00             No MI
BRYAN                        113,500.00                      113,500.00                    100.00               100.00             No MI
LITTLE RIVER AC              173,000.00                      173,000.00                     80.00               100.00             No MI
SAN ANTONIO                   65,000.00                       65,000.00                    100.00               100.00             No MI
LAREDO                       103,500.00                      103,500.00                     80.00               100.00             No MI
LAREDO                       103,500.00                      103,500.00                    100.00               100.00             No MI
HOUSTON                      104,000.00                      104,000.00                    100.00               100.00             No MI
KINGWOOD                     141,000.00                      141,000.00                    100.00               100.00             No MI
HOUSTON                      120,000.00                      120,000.00                    100.00               100.00             No MI
BAYTOWN                       70,000.00                       70,000.00                     75.00                90.00             No MI
LA PORTE                     110,000.00                      110,000.00                    100.00               100.00             No MI
BAYTOWN                       70,000.00                       70,000.00                     90.00                90.00             No MI
BACLIFF                       90,000.00                       90,000.00                    100.00               100.00             No MI
HOUSTON                      124,000.00                      124,000.00                    100.00               100.00             No MI
AUSTIN                       123,000.00                      123,000.00                    100.00               100.00             No MI
DEER PARK                    172,000.00                      172,000.00                     85.00               100.00             No MI
FORT WORTH                   162,000.00                      162,000.00                    100.00               100.00             No MI
FORT WORTH                   181,000.00                      181,000.00                    100.00               100.00             No MI
COLUMBIA                     109,000.00                      109,000.00                    100.00               100.00             No MI
JENKS                        265,000.00                      265,000.00                    100.00               100.00             No MI
MONCKS CORNER                210,000.00                      210,000.00                     73.00                73.00             No MI
EL PASO                       89,000.00                       89,000.00                    100.00               100.00             No MI
SAN ANTONIO                  127,000.00                      127,000.00                    100.00               100.00             No MI
CARROLLTON                   146,000.00                      146,000.00                     80.00                80.00             No MI
CARROLLTON                   145,000.00                      145,000.00                    100.00               100.00             No MI
GARLAND                      115,000.00                      115,000.00                    100.00               100.00             No MI
EL PASO                      105,000.00                      105,000.00                    100.00               100.00             No MI
BOLIVAR                      135,000.00                      135,000.00                     80.00               100.00             No MI
ARLINGTON                    100,300.00                      100,300.00                    100.00               100.00             No MI
DALLAS                        81,000.00                       81,000.00                     80.00                95.00             No MI
MEMPHIS                      156,100.00                      156,100.00                     80.00               100.00             No MI
HITCHCOCK                    184,000.00                      184,000.00                    100.00               100.00             No MI
DESOTO                       188,000.00                      188,000.00                    100.00               100.00             No MI
ATHENS                       176,000.00                      176,000.00                    100.00               100.00             No MI
BOWIE                        105,000.00                      105,000.00                    100.00               100.00             No MI
BEDFORD                      220,000.00                      220,000.00                     80.00               100.00             No MI
DENISON                       67,000.00                       67,000.00                    100.00               100.00             No MI
SAN MARCOS                   680,000.00                      680,000.00                     80.00                97.00             No MI
CEDAR HILL                   117,000.00                      117,000.00                     95.00                95.00             No MI
GLENN HEIGHTS                115,500.00                      115,500.00                     86.58                86.58             No MI
IRVING                       123,000.00                      123,000.00                    100.00               100.00             No MI
PRYOR                         90,000.00                       90,000.00                    100.00               100.00             No MI
ROWLETT                      136,000.00                      136,000.00                     80.00               100.00             No MI
BURLESON                     108,000.00                      108,000.00                    100.00               100.00             No MI
BOWIE                        110,000.00                      110,000.00                    100.00               100.00             No MI
BALCH SPRINGS                177,000.00                      177,000.00                     85.00               100.00             No MI
BALCH SPRINGS                177,000.00                      177,000.00                    100.00               100.00             No MI
MCKINNEY                     260,000.00                      260,000.00                    100.00               100.00             No MI
DALLAS                       136,000.00                      136,000.00                    100.00               100.00             No MI
WICHITA FALLS                110,000.00                      110,000.00                     80.00                80.00             No MI
FORT WORTH                   142,200.00                      142,200.00                     80.00                95.00             No MI
GRAND PRAIRIE                 79,000.00                       79,000.00                    100.00               100.00             No MI
BOWIE                        288,000.00                      288,000.00                    100.00               100.00             No MI
GULFPORT                     130,000.00                      130,000.00                    100.00               100.00             No MI
MAYNARDVILLE                  86,500.00                       86,500.00                    100.00               100.00             No MI
VILONIA                       84,000.00                       84,000.00                    100.00               100.00             No MI
EL PASO                      290,000.00                      290,000.00                     80.00               100.00             No MI
FORT WORTH                   130,000.00                      130,000.00                    100.00               100.00             No MI
VICTORIA                      90,000.00                       90,000.00                    100.00               100.00             No MI
LOWRY CROSSING               180,000.00                      180,000.00                    100.00               100.00             No MI
HAYDEN                       380,000.00                      380,000.00                     76.38                76.38             No MI
TELEPHONE                     65,000.00                       65,000.00                    100.00               100.00             No MI
GRAND PRAIRIE                113,000.00                      113,000.00                    100.00               100.00             No MI
HOUSTON                       81,000.00                       81,000.00                     62.19                62.19             No MI
STANHOPE                     134,000.00                      134,000.00                    100.00               100.00             No MI
PORT NECHES                   61,000.00                       61,000.00                    100.00               100.00             No MI
RICHMOND                     169,000.00                      169,000.00                    100.00               100.00             No MI
DALLAS                       137,000.00                      137,000.00                    100.00               100.00             No MI
SAN ANTONIO                  124,700.00                      124,700.00                    100.00               100.00             No MI
WILLIS                       250,000.00                      250,000.00                     85.00               100.00             No MI
KYLE                         160,000.00                      160,000.00                    100.00               100.00             No MI
HUMBLE                       136,000.00                      136,000.00                     85.00               100.00             No MI
HUNTSVILLE                   113,500.00                      113,500.00                    100.00               100.00             No MI
WILLIS                       150,000.00                      150,000.00                     80.00               100.00             No MI
HOUSTON                       52,000.00                       52,000.00                    100.00               100.00             No MI
KATY                         100,000.00                      100,000.00                    100.00               100.00             No MI
HORIZON CITY                 165,000.00                      165,000.00                    100.00               100.00             No MI
NEW BRAUNFELS                135,000.00                      135,000.00                    100.00               100.00             No MI
PASADENA                     123,000.00                      123,000.00                    100.00               100.00             No MI
HOUSTON                      113,000.00                      113,000.00                    100.00               100.00             No MI
LEANDER                      162,000.00                      162,000.00                    100.00               100.00             No MI
S. OGDEN                     114,000.00                      114,000.00                    100.00               100.00             No MI
BILLINGS                     211,000.00                      211,000.00                    100.00               100.00             No MI
TOOELE                       147,000.00                      147,000.00                    100.00               100.00             No MI
LEHI                         398,000.00                      398,000.00                     80.00               100.00             No MI
WEST VALLEY                  150,000.00                      150,000.00                    100.00               100.00             No MI
SAINT GEORGE                 229,000.00                      229,000.00                    100.00               100.00             No MI
COLORADO SPRING              386,000.00                      386,000.00                    100.00               100.00             No MI
WALDORF                      229,000.00                      229,000.00                     90.00               100.00             No MI
OWINGS MILLS                 355,000.00                      355,000.00                     87.32                87.32             No MI
CHICAGO                      270,000.00                      270,000.00                     85.00               100.00             No MI
CHICAGO                      270,000.00                      270,000.00                    100.00               100.00             No MI
GLENDALE HEIGHT               90,000.00                       90,000.00                    100.00               100.00             No MI
LA MARQUE                    188,500.00                      188,500.00                     85.00               100.00             No MI
LAKE JACKSON                 184,586.00                      184,586.00                    100.00               100.00             No MI
EL PASO                       96,000.00                       96,000.00                    100.00               100.00             No MI
SHOREACRES                   178,000.00                      178,000.00                     95.00                95.00             No MI
EDINBURG                     110,000.00                      110,000.00                     95.45                95.45             No MI
HOUSTON                      129,500.00                      129,500.00                    100.00               100.00             No MI
MONTGOMERY                    95,000.00                       95,000.00                    100.00               100.00             No MI
ANGLETON                     151,000.00                      151,000.00                    100.00               100.00             No MI
HOUSTON                       85,000.00                       85,000.00                    100.00               100.00             No MI
MAGNOLIA                     149,000.00                      149,000.00                    100.00               100.00             No MI
LEADWOOD                      67,000.00                       67,000.00                     75.00                75.00             No MI
ST. LOUIS                    158,500.00                      158,500.00                     54.26                54.26             No MI
LINCOLN                      117,000.00                      117,000.00                     82.48                82.48             No MI
MILFORD                      218,000.00                      218,000.00                     90.00                90.00             No MI
SAINT LOUIS                   75,000.00                       75,000.00                     80.00               100.00             No MI
JESUP                        210,000.00                      210,000.00                     90.00                90.00             No MI
LEAVENWORTH                  110,000.00                      110,000.00                    100.00               100.00             No MI
MASON CITY                    85,500.00                       85,500.00                    100.00               100.00             No MI
INDEPENDENCE                 118,500.00                      118,500.00                    100.00               100.00             No MI
KANSAS CITY                  129,000.00                      129,000.00                     57.05                57.05             No MI
ST. LOUIS                     65,000.00                       65,000.00                     85.00                85.00             No MI
BLAIR                        104,000.00                      104,000.00                    100.00               100.00             No MI
KANSAS CITY                   98,000.00                       98,000.00                    100.00               100.00             No MI
DES MOINES                    77,000.00                       77,000.00                    100.00               100.00             No MI
OMAHA                        152,000.00                      152,000.00                     80.00                80.00             No MI
RAYMORE                      190,000.00                      190,000.00                     80.00                80.00             No MI
SAINT LOUIS                  101,000.00                      101,000.00                    100.00               100.00             No MI
FREEBURG                     117,500.00                      117,500.00                     80.00               100.00             No MI
COUNCIL BLUFFS               100,000.00                      100,000.00                    100.00               100.00             No MI
OLATHE                       169,000.00                      169,000.00                     85.00               100.00             No MI
ST. LOUIS                     90,000.00                       90,000.00                    100.00               100.00             No MI
CANTON                        55,000.00                       55,000.00                    100.00               100.00             No MI
SIBLEY                        70,000.00                       70,000.00                    100.00               100.00             No MI
SAINT LOUIS                   75,000.00                       75,000.00                     80.00               100.00             No MI
TIFFIN                        87,000.00                       87,000.00                    100.00               100.00             No MI
LEE'S SUMMIT                 295,000.00                      295,000.00                    100.00               100.00             No MI
KANSAS CITY                  102,000.00                      102,000.00                     80.00                80.00             No MI
KANSAS CITY                   65,000.00                       65,000.00                     80.00               100.00             No MI
SAINT LOUIS                  123,000.00                      123,000.00                     90.00               100.00             No MI
COUNCIL BLUFFS                77,000.00                       77,000.00                    100.00               100.00             No MI
KANSAS CITY                   87,000.00                       87,000.00                     80.00               100.00             No MI
SAINT LOUIS                   82,000.00                       82,000.00                     80.00               100.00             No MI
KANSAS CITY                   85,000.00                       85,000.00                     85.00               100.00             No MI
ST. LOUIS                     80,000.00                       80,000.00                    100.00               100.00             No MI
LEON                         159,000.00                      159,000.00                     95.00                95.00             No MI
BELLEVUE                      78,000.00                       78,000.00                    100.00               100.00             No MI
WICHITA                       57,000.00                       57,000.00                    100.00               100.00             No MI
KANSAS CITY                  285,000.00                      285,000.00                     90.00                90.00             No MI
KANSAS CITY                   67,000.00                       67,000.00                    100.00               100.00             No MI
OMAHA                        220,000.00                      220,000.00                     90.00               100.00             No MI
KANSAS CITY                  150,000.00                      150,000.00                    100.00               100.00             No MI
OVERLAND PARK                151,000.00                      151,000.00                    100.00               100.00             No MI
HUTCHINSON                   165,000.00                      165,000.00                     87.58                87.58             No MI
BATES CITY                   265,000.00                      265,000.00                     90.00                90.00             No MI
COSBY                        160,000.00                      160,000.00                    100.00               100.00             No MI
WENATCHEE                    165,500.00                      165,500.00                     95.00                95.00             No MI
WEST LINN                    505,000.00                      505,000.00                     85.00                85.00             No MI
BREMERTON                    360,000.00                      360,000.00                     95.00                95.00             No MI
PORTLAND                     205,000.00                      205,000.00                    100.00               100.00             No MI
CAMARILLO                    915,000.00                      915,000.00                    100.00               100.00             No MI
QUARTZ HILL ARE              675,000.00                      675,000.00                     90.00               100.00             No MI
CARSON                       310,000.00                      310,000.00                    100.00               100.00             No MI
APPLE VALLEY AR              300,000.00                      300,000.00                    100.00               100.00             No MI
BUENA PARK                   615,000.00                      615,000.00                     95.00                95.00             No MI
QUARTZ HILL ARE              362,000.00                      362,000.00                     80.11                80.11             No MI
WILMINGTON AREA              635,000.00                      635,000.00                    100.00               100.00             No MI
LOS ANGELES                  570,000.00                      570,000.00                     80.00               100.00             No MI
ADELANTO                     368,000.00                      368,000.00                     75.00                75.00             No MI
LANCASTER AREA               396,000.00                      396,000.00                     80.00                80.00             No MI
NIPOMO                       718,000.00                      718,000.00                    100.00               100.00             No MI
CORONA                       481,000.00                      481,000.00                    100.00               100.00             No MI
VENTURA (AREA O              830,000.00                      830,000.00                     80.00                80.00             No MI
NORTHRIDGE AREA              375,000.00                      375,000.00                     80.00                80.00             No MI
NORTHRIDGE AREA            1,000,000.00                    1,000,000.00                     85.00                85.00             No MI
WOODLAND HILLS               792,000.00                      792,000.00                     88.38                88.38             No MI
POMONA                       475,000.00                      475,000.00                     80.00               100.00             No MI
VICTORVILLE                  414,626.00                      414,626.00                     80.00               100.00             No MI
HEMET                        335,000.00                      335,000.00                    100.00               100.00             No MI
MATTAWA                      130,000.00                      130,000.00                    100.00               100.00             No MI
COEUR D ALENE                145,000.00                      145,000.00                    100.00               100.00             No MI
IDAHO FALLS                  105,000.00                      105,000.00                    100.00               100.00             No MI
SPOKANE                      135,000.00                      135,000.00                     80.00               100.00             No MI
EVERETT                      310,000.00                      310,000.00                    100.00               100.00             No MI
SPOKANE                      118,000.00                      118,000.00                    100.00               100.00             No MI
KANSAS CITY                   65,000.00                       65,000.00                    100.00               100.00             No MI
CEDAR RAPIDS                  77,000.00                       77,000.00                    100.00               100.00             No MI
OVERLAND PARK                159,000.00                      159,000.00                    100.00               100.00             No MI
DES MOINES                   148,000.00                      148,000.00                    100.00               100.00             No MI
MAQUOKETA                     78,000.00                       78,000.00                    100.00               100.00             No MI
ST. PETERS                   133,000.00                      133,000.00                     93.98                93.98             No MI
GARDNER                      155,000.00                      155,000.00                     97.61                97.61             No MI
ABBYVILLE                     82,000.00                       82,000.00                    100.00               100.00             No MI
ST. LOUIS                    110,000.00                      110,000.00                    100.00               100.00             No MI
DES MOINES                    90,000.00                       90,000.00                    100.00               100.00             No MI
MAQUOKETA                     68,500.00                       68,500.00                    100.00               100.00             No MI
KANSAS CITY                  103,000.00                      103,000.00                     90.00               100.00             No MI
PERRY                        134,000.00                      134,000.00                    100.00               100.00             No MI
OVERLAND PARK                130,000.00                      130,000.00                    100.00               100.00             No MI
OLATHE                       182,000.00                      182,000.00                    100.00               100.00             No MI
KANSAS CITY                  100,000.00                      100,000.00                    100.00               100.00             No MI
GRANDVIEW                    136,000.00                      136,000.00                    100.00               100.00             No MI
ADAIR                         80,000.00                       80,000.00                    100.00               100.00             No MI
ASHLAND                      248,000.00                      248,000.00                    100.00               100.00             No MI
KANSAS CITY                  140,000.00                      140,000.00                     80.00                80.00             No MI
VIOLA                        310,000.00                      310,000.00                     80.00                80.00             No MI
GRAIN VALLEY                 173,000.00                      173,000.00                    100.00               100.00             No MI
MAQUOKETA                     66,000.00                       66,000.00                    100.00               100.00             No MI
COLORADO SPRING              165,000.00                      165,000.00                    100.00               100.00             No MI
KANSAS CITY                  275,000.00                      275,000.00                    100.00               100.00             No MI
CRESTON                       90,000.00                       90,000.00                    100.00               100.00             No MI
COVINGTON                    253,000.00                      253,000.00                    100.00               100.00             No MI
ELIZABETH CITY               122,000.00                      122,000.00                     95.00                95.00             No MI
FORT WALTON BEA              180,000.00                      180,000.00                     66.67                66.67             No MI
ATLANTA                      225,000.00                      225,000.00                    100.00               100.00             No MI
MCHENRY                      184,000.00                      184,000.00                     95.00                95.00             No MI
HIALEAH                      470,000.00                      470,000.00                     74.47                74.47             No MI
LITHONIA                     120,000.00                      120,000.00                    100.00               100.00             No MI
ORLANDO                      229,000.00                      229,000.00                    100.00               100.00             No MI
PORT SAINT LUCI              281,000.00                      281,000.00                     85.00                85.00             No MI
CLERMONT                     268,000.00                      268,000.00                    100.00               100.00             No MI
MIAMI                        380,000.00                      380,000.00                     65.79                65.79             No MI
CHICAGO                      251,000.00                      251,000.00                     90.00                90.00             No MI
NORTH AUGUSTA                150,000.00                      150,000.00                     89.07                89.07             No MI
ATLANTA                      185,000.00                      185,000.00                    100.00               100.00             No MI
SUNRISE                      459,000.00                      459,000.00                     80.00                80.00             No MI
ATLANTA                      245,000.00                      245,000.00                     80.00                80.00             No MI
NORTHBROOK                   636,000.00                      636,000.00                    100.00               100.00             No MI
SNELLVILLE                   217,000.00                      217,000.00                    100.00               100.00             No MI
CAROL STREAM                 375,000.00                      375,000.00                     80.00               100.00             No MI
ELLENWOOD                    182,000.00                      182,000.00                    100.00               100.00             No MI
TAMPA                        193,000.00                      193,000.00                    100.00               100.00             No MI
COVINGTON                    129,000.00                      129,000.00                    100.00               100.00             No MI
NEWNAN                       217,000.00                      217,000.00                     90.00                90.00             No MI
ELLENWOOD                    265,000.00                      265,000.00                    100.00               100.00             No MI
ORANGE PARK                  766,000.00                      766,000.00                     80.00                99.98             No MI
SCOTTSDALE                   977,500.00                      977,500.00                    100.00               100.00             No MI
CASA GRANDE                  195,000.00                      195,000.00                    100.00               100.00             No MI
PHOENIX                      330,000.00                      330,000.00                     85.00               100.00             No MI
CASA GRANDE                  191,000.00                      191,000.00                    100.00               100.00             No MI
QUEEN CREEK                  174,000.00                      174,000.00                    100.00               100.00             No MI
PHOENIX                      237,500.00                      237,500.00                    100.00               100.00             No MI
SURPRISE                     390,000.00                      390,000.00                    100.00               100.00             No MI
TUCSON                       120,100.00                      120,100.00                    100.00               100.00             No MI
QUEEN CREEK                  240,000.00                      240,000.00                     80.00               100.00             No MI
CASA GRANDE                  167,000.00                      167,000.00                    100.00               100.00             No MI
NORTH LAS VEGAS              274,500.00                      274,500.00                    100.00               100.00             No MI
LAS VEGAS                    270,000.00                      270,000.00                     85.00               100.00             No MI
GOLD CANYON                  445,000.00                      445,000.00                     90.00               100.00             No MI
MAYER                        157,000.00                      157,000.00                    100.00               100.00             No MI
QUEEN CREEK                  235,000.00                      235,000.00                     85.00                85.00             No MI
KINGMAN                      100,000.00                      100,000.00                    100.00               100.00             No MI
TUCSON                       181,000.00                      181,000.00                    100.00               100.00             No MI
SURPRISE                     226,000.00                      226,000.00                    100.00               100.00             No MI
CASA GRANDE                  223,000.00                      223,000.00                    100.00               100.00             No MI
LAS VEGAS                    331,000.00                      331,000.00                     83.46                90.94             No MI
GOODYEAR                     290,000.00                      290,000.00                     85.00               100.00             No MI
SURPRISE                     520,000.00                      520,000.00                     85.00                94.04             No MI
TOLLESON                     253,000.00                      253,000.00                     85.00               100.00             No MI
MESA                         288,000.00                      288,000.00                     85.00               100.00             No MI
QUEEN CREEK                  185,000.00                      185,000.00                     85.00               100.00             No MI
LAS VEGAS                    195,000.00                      195,000.00                    100.00               100.00             No MI
QUEEN CREEK                  185,000.00                      185,000.00                    100.00               100.00             No MI
CASA GRANDE                  189,000.00                      189,000.00                     85.00               100.00             No MI
LAS VEGAS                    244,000.00                      244,000.00                     89.75                89.75             No MI
AVONDALE                     255,000.00                      255,000.00                     85.00               100.00             No MI
FORT MOHAVE                  265,000.00                      265,000.00                     85.00               100.00             No MI
QUEEN CREEK                  192,000.00                      192,000.00                     85.00               100.00             No MI
GLENDALE                     240,000.00                      240,000.00                     85.00               100.00             No MI
SURPRISE                     514,000.00                      514,000.00                     85.00               100.00             No MI
NORTH LAS VEGAS              265,000.00                      265,000.00                     68.30                68.30             No MI
SEDONA                       605,000.00                      605,000.00                     80.00               100.00             No MI
LAS VEGAS                    287,000.00                      287,000.00                     80.00               100.00             No MI
PHOENIX                      206,000.00                      206,000.00                    100.00               100.00             No MI
PHOENIX                      283,000.00                      283,000.00                     80.00               100.00             No MI
PHOENIX                      219,000.00                      219,000.00                     58.90                58.90             No MI
QUEEN CREEK                  223,000.00                      223,000.00                     80.00               100.00             No MI
QUEEN CREEK                  185,000.00                      185,000.00                     80.00               100.00             No MI
QUEEN CREEK                  201,000.00                      201,000.00                     80.00               100.00             No MI
SAHUARITA                    284,000.00                      284,000.00                     80.00               100.00             No MI
AMADO                        138,000.00                      138,000.00                     70.00                70.00             No MI
TUCSON                       167,000.00                      167,000.00                     85.00                85.00             No MI
PHOENIX                      186,000.00                      186,000.00                    100.00               100.00             No MI
LAVEEN                       193,000.00                      193,000.00                     80.00               100.00             No MI
SURPRISE                     383,000.00                      383,000.00                     80.00               100.00             No MI
PEORIA                       190,000.00                      190,000.00                     80.00                80.00             No MI
SURPRISE                     260,000.00                      260,000.00                     93.08                93.08             No MI
QUEEN CREEK                  185,000.00                      185,000.00                     80.00               100.00             No MI
KINGMAN                      199,000.00                      199,000.00                     90.00                90.00             No MI
PHOENIX                      270,000.00                      270,000.00                     94.98                94.98             No MI
KANSAS CITY                  100,000.00                      100,000.00                     85.00                85.00             No MI
INDEPENDENCE                  78,000.00                       78,000.00                    100.00               100.00             No MI
CHARLES CITY                  99,900.00                       99,900.00                     85.00                85.00             No MI
INDEPENDENCE                  70,000.00                       70,000.00                     85.00                85.00             No MI
KANSAS CITY                   55,000.00                       55,000.00                    100.00               100.00             No MI
SENECA                       110,000.00                      110,000.00                    100.00               100.00             No MI
LEAVENWORTH                  117,000.00                      117,000.00                     90.00               100.00             No MI
KANSAS CITY                   83,000.00                       83,000.00                    100.00               100.00             No MI
DES MOINES                   123,000.00                      123,000.00                    100.00               100.00             No MI
COUNCIL BLUFFS               205,000.00                      205,000.00                    100.00               100.00             No MI
KANSAS CITY                   65,000.00                       65,000.00                     80.00               100.00             No MI
PALATINE                     160,000.00                      160,000.00                    100.00               100.00             No MI
PORT CHARLOTTE               239,500.00                      239,500.00                     85.00                85.00             No MI
ATLANTA                      218,000.00                      218,000.00                    100.00               100.00             No MI
CHICAGO                      367,000.00                      367,000.00                    100.00               100.00             No MI
ATLANTA                      365,000.00                      365,000.00                    100.00               100.00             No MI
ST CLAIR SHORES              124,000.00                      124,000.00                    100.00               100.00             No MI
CHICAGO                      400,000.00                      400,000.00                     75.00                75.00             No MI
LITHONIA                     491,000.00                      491,000.00                    100.00               100.00             No MI
JACKSON                      150,000.00                      150,000.00                    100.00               100.00             No MI
AURORA                       115,000.00                      115,000.00                    100.00               100.00             No MI
HOFFMAN ESTATES              276,000.00                      276,000.00                    100.00               100.00             No MI
COON RAPIDS                  228,000.00                      228,000.00                     80.00               100.00             No MI
PLAINFIELD                   198,000.00                      198,000.00                    100.00               100.00             No MI
SCHAUMBURG                   205,000.00                      205,000.00                    100.00               100.00             No MI
JACKSONVILLE                 146,000.00                      146,000.00                     55.48                55.48             No MI
DETROIT                       75,000.00                       75,000.00                     80.00                80.00             No MI
RUFFIN                       190,000.00                      190,000.00                     65.26                65.26             No MI
TITUSVILLE                   285,000.00                      285,000.00                     52.63                52.63             No MI
ROSEVILLE                    130,000.00                      130,000.00                    100.00               100.00             No MI
LAKELAND                     187,500.00                      187,500.00                     84.80                84.80             No MI
CHICAGO                      220,000.00                      220,000.00                    100.00               100.00             No MI
RIVERDALE                    130,000.00                      130,000.00                    100.00               100.00             No MI
CHICAGO                      480,000.00                      480,000.00                     80.00                80.00             No MI
CHICAGO HEIGHTS              135,000.00                      135,000.00                    100.00               100.00             No MI
ROCKMART                     115,000.00                      115,000.00                     90.00                90.00             No MI
BOGART                       184,000.00                      184,000.00                     60.87                60.87             No MI
EVANSVILLE                    70,000.00                       70,000.00                    100.00               100.00             No MI
DETROIT                      130,000.00                      130,000.00                     90.00                90.00             No MI
GAINESVILLE                  234,000.00                      234,000.00                    100.00               100.00             No MI
MIRAMAR                    1,100,000.00                    1,100,000.00                     90.00                90.00             No MI
MAYWOOD                      204,000.00                      204,000.00                    100.00               100.00             No MI
CHICAGO                      320,000.00                      320,000.00                     80.00                90.00             No MI
ROSEMONT                     130,000.00                      130,000.00                    100.00               100.00             No MI
NEWAYGO                      125,000.00                      125,000.00                     85.00                85.00             No MI
NEWAYGO                      125,000.00                      125,000.00                    100.00               100.00             No MI
ATLANTA                      360,000.00                      360,000.00                     90.00                90.00             No MI
HARVEY                       100,000.00                      100,000.00                     90.00                90.00             No MI
CHICAGO                      215,000.00                      215,000.00                    100.00               100.00             No MI
MILTON                       126,300.00                      126,300.00                     67.30                67.30             No MI
WOODRIDGE                    150,000.00                      150,000.00                     80.00               100.00             No MI
ST LOUIS PARK                214,000.00                      214,000.00                     85.00                95.00             No MI
HIGH POINT                    74,000.00                       74,000.00                    100.00               100.00             No MI
BELLEVILLE                   263,000.00                      263,000.00                     90.00                90.00             No MI
CONYERS                      400,000.00                      400,000.00                    100.00               100.00             No MI
COVINGTON                    118,000.00                      118,000.00                    100.00               100.00             No MI
VALDOSTA                      73,000.00                       73,000.00                    100.00               100.00             No MI
DEFUNIAK SPRING              157,000.00                      157,000.00                    100.00               100.00             No MI
CHICAGO                      426,000.00                      426,000.00                    100.00               100.00             No MI
MACOMB                       220,000.00                      220,000.00                     90.00                90.00             No MI
HIALEAH                      300,000.00                      300,000.00                     33.67                33.67             No MI
ELK RIVER                    392,000.00                      392,000.00                    100.00               100.00             No MI
LAFAYETTE                    108,000.00                      108,000.00                    100.00               100.00             No MI
GATESVILLE                   136,000.00                      136,000.00                    100.00               100.00             No MI
AUGUSTA                       91,000.00                       91,000.00                     85.00                85.00             No MI
MOUNT PROSPECT               400,000.00                      400,000.00                    100.00               100.00             No MI
ROCHELLE                     137,500.00                      137,500.00                    100.00               100.00             No MI
MOUNT VERNON                 125,000.00                      125,000.00                     90.00                90.00             No MI
DETROIT                       72,500.00                       72,500.00                    100.00               100.00             No MI
TAMPA                        315,000.00                      315,000.00                    100.00               100.00             No MI
TEMPLE                       135,000.00                      135,000.00                     94.81                94.81             No MI
DOUGLASVILLE                 188,000.00                      188,000.00                     90.00                90.00             No MI
ROSELLE                      435,000.00                      435,000.00                     80.00                90.00             No MI
ELMORE                        67,500.00                       67,500.00                    100.00               100.00             No MI
CROSS                        168,000.00                      168,000.00                     85.00               100.00             No MI
LECANTO                      250,000.00                      250,000.00                    100.00               100.00             No MI
DECATUR                      184,000.00                      184,000.00                     75.00                75.00             No MI
AUBURN HILLS                 250,000.00                      250,000.00                    100.00               100.00             No MI
LOUISVILLE                    70,400.00                       70,400.00                    100.00               100.00             No MI
GLENDALE HEIGHT              320,000.00                      320,000.00                     80.00                80.00             No MI
RIVERVIEW                    224,000.00                      224,000.00                    100.00               100.00             No MI
SOUTH HOLLAND                250,000.00                      250,000.00                     90.00               100.00             No MI
CHICAGO                      400,000.00                      400,000.00                     98.75                98.75             No MI
MAYWOOD                      190,000.00                      190,000.00                     35.26                35.26             No MI
CHICAGO                      349,500.00                      349,500.00                    100.00               100.00             No MI
LILBURN                      150,000.00                      150,000.00                    100.00               100.00             No MI
DEERFIELD                    730,000.00                      730,000.00                     85.00                85.00             No MI
NEW PORT RICHEY              260,000.00                      260,000.00                     80.00               100.00             No MI
GLENWOOD                     195,000.00                      195,000.00                     95.00                95.00             No MI
INDIANAPOLIS                 110,000.00                      110,000.00                     85.00                95.00             No MI
UNION                         89,000.00                       89,000.00                    100.00               100.00             No MI
CHICAGO                      410,000.00                      410,000.00                     80.00                80.00             No MI
SANFORD                      234,000.00                      234,000.00                    100.00               100.00             No MI
ORLAND PARK                  525,000.00                      525,000.00                     64.76                64.76             No MI
ELGIN                        240,000.00                      240,000.00                     83.33                83.33             No MI
BELLWOOD                     207,000.00                      207,000.00                     90.00                90.00             No MI
JOLIET                       110,000.00                      110,000.00                     85.00                85.00             No MI
STERLING HEIGHT              262,000.00                      262,000.00                    100.00               100.00             No MI
IXONIA                       263,000.00                      263,000.00                     80.00               100.00             No MI
BERWYN                       160,000.00                      160,000.00                    100.00               100.00             No MI
WHEATON                      715,000.00                      715,000.00                    100.00               100.00             No MI
SAUK VILLAGE                 125,000.00                      125,000.00                    100.00               100.00             No MI
GRAND RAPIDS                 118,000.00                      118,000.00                    100.00               100.00             No MI
CHICAGO                      315,000.00                      315,000.00                    100.00               100.00             No MI
CHICAGO                      340,000.00                      340,000.00                     80.00                80.00             No MI
CHICAGO HEIGHTS              122,000.00                      122,000.00                    100.00               100.00             No MI
DETROIT                      100,000.00                      100,000.00                    100.00               100.00             No MI
HAZEL PARK                   145,000.00                      145,000.00                     85.00                85.00             No MI
ROCKFORD                      84,000.00                       84,000.00                     85.00               100.00             No MI
HOLIDAY                      148,500.00                      148,500.00                     84.85                84.85             No MI
WESTCHESTER                  271,000.00                      271,000.00                    100.00               100.00             No MI
MACHESNEY PARK               100,000.00                      100,000.00                     90.00                90.00             No MI
CUMMING                      457,000.00                      457,000.00                    100.00               100.00             No MI
BRADENTON                    161,000.00                      161,000.00                     79.50                79.50             No MI
GLENN DALE                   355,000.00                      355,000.00                    100.00               100.00             No MI
CHARLOTTE                    180,735.00                      180,735.00                    100.00               100.00             No MI
COLLEGE PARK                  80,000.00                       80,000.00                    100.00               100.00             No MI
MONTGOMERY                   367,000.00                      367,000.00                     93.19                93.19             No MI
BANGOR                       167,000.00                      167,000.00                    100.00               100.00             No MI
ROCHESTER HILLS              355,000.00                      355,000.00                    100.00               100.00             No MI
FOX LAKE                     180,000.00                      180,000.00                     85.00                85.00             No MI
ULEN                         146,000.00                      146,000.00                     65.07                65.07             No MI
STONE MOUNTAIN               235,000.00                      235,000.00                    100.00               100.00             No MI
ROCKMART                     143,000.00                      143,000.00                     80.00               100.00             No MI
ROCKMART                     143,000.00                      143,000.00                    100.00               100.00             No MI
SALEM                         62,000.00                       62,000.00                    100.00               100.00             No MI
PROVIDENCE                   138,000.00                      138,000.00                    100.00               100.00             No MI
REDDICK                      113,000.00                      113,000.00                     80.00                80.00             No MI
CHICAGO HEIGHTS              255,000.00                      255,000.00                    100.00               100.00             No MI
HUDSON                        99,640.00                       99,640.00                    100.00               100.00             No MI
KENDUSKEAG                   150,000.00                      150,000.00                     80.00               100.00             No MI
SKOWHEGAN                    144,000.00                      144,000.00                    100.00               100.00             No MI
STAFFORD                     385,000.00                      385,000.00                     87.66                87.66             No MI
AGAWAM                       348,000.00                      348,000.00                     80.00                80.00             No MI
NEW LENOX                    318,000.00                      318,000.00                     80.00                80.00             No MI
UPPER MARLBORO               435,000.00                      435,000.00                     80.00                99.95             No MI
BRIDGEVIEW                   225,000.00                      225,000.00                     48.44                48.44             No MI
WASHINGTON                   325,000.00                      325,000.00                     80.00               100.00             No MI
MAPLEWOOD                    440,000.00                      440,000.00                    100.00               100.00             No MI
BROOKLINE                    290,000.00                      290,000.00                     64.14                64.14             No MI
3EST WARWICK                 230,000.00                      230,000.00                    100.00               100.00             No MI
WESTBROOK                    175,000.00                      175,000.00                    100.00               100.00             No MI
RALEIGH                      300,000.00                      300,000.00                     65.62                65.62             No MI
BROOKLYN                     600,000.00                      600,000.00                    100.00               100.00             No MI
ATLANTA                      156,000.00                      156,000.00                    100.00               100.00             No MI
ELK RIVER                    225,000.00                      225,000.00                    100.00               100.00             No MI
CARMEL                        78,500.00                       78,500.00                    100.00               100.00             No MI
DISTRICT HEIGHT              345,000.00                      345,000.00                     90.00                90.00             No MI
EVANSVILLE                    58,800.00                       58,800.00                    100.00               100.00             No MI
BROOKLYN                     500,000.00                      500,000.00                     90.00                90.00             No MI
ZEBULON                      182,000.00                      182,000.00                    100.00               100.00             No MI
NORTH ADAMS                  129,000.00                      129,000.00                    100.00               100.00             No MI
JONESBORO                    131,000.00                      131,000.00                    100.00               100.00             No MI
HAMPSTEAD                    294,000.00                      294,000.00                     59.52                59.52             No MI
MOREHEAD CITY                570,000.00                      570,000.00                    100.00               100.00             No MI
LITTLETON                    710,000.00                      710,000.00                     69.01                69.01             No MI
WILMINGTON                   190,000.00                      190,000.00                     78.29                78.29             No MI
COLUMBIA                     145,000.00                      145,000.00                     85.00                85.00             No MI
WARREN                       113,000.00                      113,000.00                    100.00               100.00             No MI
LOCKPORT                     128,000.00                      128,000.00                    100.00               100.00             No MI
FLORHAM PARK                 895,000.00                      895,000.00                     83.80                83.80             No MI
BURNHAM                      176,000.00                      176,000.00                    100.00               100.00             No MI
BALTIMORE                    380,000.00                      380,000.00                     77.63                77.63             No MI
GREENSBORO                   421,000.00                      421,000.00                    100.00               100.00             No MI
SAINT ALBANS                 565,000.00                      565,000.00                     80.00               100.00             No MI
IRVINGTON                    170,000.00                      170,000.00                    100.00               100.00             No MI
BREWER                       185,000.00                      185,000.00                    100.00               100.00             No MI
CHICAGO                      535,000.00                      535,000.00                     67.48                67.48             No MI
SANFORD                      191,000.00                      191,000.00                     76.31                76.31             No MI
DORCHESTER                   331,000.00                      331,000.00                    100.00               100.00             No MI
GAINESVILLE                  166,000.00                      166,000.00                    100.00               100.00             No MI
SILVER SPRING                407,000.00                      407,000.00                     80.00                80.00             No MI
ROCKFORD                     110,000.00                      110,000.00                     90.91                90.91             No MI
HERMON                       124,505.00                      124,505.00                     80.00               100.00             No MI
TWO HARBORS                  165,000.00                      165,000.00                    100.00               100.00             No MI
BALTIMORE                    109,000.00                      109,000.00                     93.58                93.58             No MI
WEST STEWARTSTO               67,000.00                       67,000.00                    100.00               100.00             No MI
LOWELL                       352,000.00                      352,000.00                    100.00               100.00             No MI
MIDLOTHIAN                   209,000.00                      209,000.00                    100.00               100.00             No MI
PRINCESS ANNE                200,000.00                      200,000.00                     67.50                67.50             No MI
CHICOPEE                     150,000.00                      150,000.00                    100.00               100.00             No MI
LOWELL                       160,000.00                      160,000.00                     80.00               100.00             No MI
LOWELL                       160,000.00                      160,000.00                    100.00               100.00             No MI
SOUTH OZONE PAR              560,000.00                      560,000.00                    100.00               100.00             No MI
HIGH POINT                   105,000.00                      105,000.00                    100.00               100.00             No MI
ROSEVILLE                    135,000.00                      135,000.00                    100.00               100.00             No MI
BALTIMORE                    299,000.00                      299,000.00                     80.00                80.00             No MI
COUNTRY CLUB HI              310,000.00                      310,000.00                    100.00               100.00             No MI
SPRINGFIELD                  210,000.00                      210,000.00                     80.00               100.00             No MI
SPRINGFIELD                  210,000.00                      210,000.00                    100.00               100.00             No MI
ATHENS                        72,000.00                       72,000.00                    100.00               100.00             No MI
GASTONIA                      87,000.00                       87,000.00                    100.00               100.00             No MI
ESSEX JUNCTION               189,500.00                      189,500.00                     68.60                68.60             No MI
SAINT ALBANS                 425,000.00                      425,000.00                     80.00                80.00             No MI
DIXFIELD                      89,000.00                       89,000.00                     94.96                94.96             No MI
CORONA                       750,000.00                      750,000.00                     76.00                76.00             No MI
BALTIMORE                    121,000.00                      121,000.00                     75.00                75.00             No MI
BAY SHORE                    135,000.00                      135,000.00                    100.00               100.00             No MI
NORTH EAST                   170,000.00                      170,000.00                    100.00               100.00             No MI
EVERETT                      285,000.00                      285,000.00                    100.00               100.00             No MI
EDEN                          87,000.00                       87,000.00                     90.00                90.00             No MI
CHARLOTTE                    134,240.00                      134,240.00                    100.00               100.00             No MI
CRYSTAL LAKE                 218,000.00                      218,000.00                     80.00               100.00             No MI
BALTIMORE                    120,000.00                      120,000.00                    100.00               100.00             No MI
COVENTRY                     285,000.00                      285,000.00                     85.00                85.00             No MI
FRANKLINVILLE                170,000.00                      170,000.00                    100.00               100.00             No MI
STEUBEN                      142,000.00                      142,000.00                     80.00                80.00             No MI
NEWARK                       230,000.00                      230,000.00                     80.00                80.00             No MI
CORINNA                      117,000.00                      117,000.00                     80.00                80.00             No MI
ATLANTA                      169,000.00                      169,000.00                     90.00                90.00             No MI
LEXINGTON                    139,000.00                      139,000.00                     90.00                90.00             No MI
HIBBING                       76,000.00                       76,000.00                    100.00               100.00             No MI
SCHAUMBURG                   185,000.00                      185,000.00                    100.00               100.00             No MI
UPPER MARLBORO               337,000.00                      337,000.00                     79.90                79.90             No MI
LIVERMORE FALLS              160,000.00                      160,000.00                     46.88                46.88             No MI
DETROIT                      119,000.00                      119,000.00                     50.42                50.42             No MI
BALTIMORE                     68,000.00                       68,000.00                    100.00               100.00             No MI
METROPOLIS                    50,000.00                       50,000.00                    100.00               100.00             No MI
JAMAICA                      385,000.00                      385,000.00                     98.18                98.18             No MI
SOMERSWORTH                  318,000.00                      318,000.00                     84.91                84.91             No MI
BURLINGTON                   150,000.00                      150,000.00                     95.00                95.00             No MI
RANDALLSTOWN                 285,000.00                      285,000.00                     80.00               100.00             No MI
ROSELLE                      435,000.00                      435,000.00                     80.00                90.00             No MI
CLINTON                       88,000.00                       88,000.00                     80.00                80.00             No MI
CLINTON                       88,000.00                       88,000.00                    100.00               100.00             No MI
RICHMOND                      92,000.00                       92,000.00                    100.00               100.00             No MI
WINSTON SALEM                106,000.00                      106,000.00                     51.89                51.89             No MI
STRASBURG                    220,000.00                      220,000.00                     90.00                90.00             No MI
BEMIDJI                      118,000.00                      118,000.00                     52.54                52.54             No MI
DEKALB                       280,000.00                      280,000.00                     73.21                73.21             No MI
EVANSVILLE                    75,000.00                       75,000.00                    100.00               100.00             No MI
GLEN BURNIE                  260,000.00                      260,000.00                     55.77                55.77             No MI
SPRINGFIELD                  215,000.00                      215,000.00                    100.00               100.00             No MI
UNIVERSITY PARK              183,000.00                      183,000.00                    100.00               100.00             No MI
LINWOOD                      110,000.00                      110,000.00                     90.00                90.00             No MI
PATERSON                     400,000.00                      400,000.00                    100.00               100.00             No MI
BRISTOL                      323,000.00                      323,000.00                     80.00                80.00             No MI
CHICAGO                      365,000.00                      365,000.00                     80.00               100.00             No MI
CHICAGO                      160,000.00                      160,000.00                    100.00               100.00             No MI
INVER GROVE HEI              270,000.00                      270,000.00                     80.00               100.00             No MI
KNAPP                        108,000.00                      108,000.00                    100.00               100.00             No MI
ALEXANDRIA                   119,000.00                      119,000.00                    100.00               100.00             No MI
AMERY                        150,000.00                      150,000.00                    100.00               100.00             No MI
CHICAGO                      175,000.00                      175,000.00                     95.00                95.00             No MI
NORTH SAINT PAU              215,000.00                      215,000.00                     80.00                80.00             No MI
OXFORD                        75,000.00                       75,000.00                    100.00               100.00             No MI
RALEIGH                      117,000.00                      117,000.00                     95.00                95.00             No MI
LEVERING                     142,000.00                      142,000.00                     90.00                90.00             No MI
AURORA                       180,000.00                      180,000.00                     90.00                90.00             No MI
PORTLAND                     295,000.00                      295,000.00                     80.00               100.00             No MI
MUNDELEIN                    244,000.00                      244,000.00                     85.00                85.00             No MI
PORTLAND                     295,000.00                      295,000.00                    100.00               100.00             No MI
ROLLING MEADOWS              140,000.00                      140,000.00                    100.00               100.00             No MI
GLENBURN                     195,000.00                      195,000.00                     80.00                80.00             No MI
DETROIT                      120,000.00                      120,000.00                     85.00                85.00             No MI
BENTON                       235,000.00                      235,000.00                     74.47                74.47             No MI
BURLINGTON                   134,000.00                      134,000.00                    100.00               100.00             No MI
SWANTON                      193,300.00                      193,300.00                     80.00                80.00             No MI
DETROIT                      117,000.00                      117,000.00                    100.00               100.00             No MI
CHICAGO                      302,000.00                      302,000.00                     80.00               100.00             No MI
CHARLESTOWN                  380,000.00                      380,000.00                     73.68                73.68             No MI
BALTIMORE                    120,000.00                      120,000.00                     90.00                90.00             No MI
EAST GREENWICH             1,110,000.00                    1,110,000.00                     80.00                80.00             No MI
CARMEL                       307,000.00                      307,000.00                     80.00               100.00             No MI
PATERSON                     432,000.00                      432,000.00                     80.00                90.00             No MI
WINSTON SALEM                140,000.00                      140,000.00                    100.00               100.00             No MI
PETERBOROUGH                 330,000.00                      330,000.00                     80.00                80.00             No MI
JONESPORT                     74,000.00                       74,000.00                    100.00               100.00             No MI
PORTLAND                     610,000.00                      610,000.00                     90.00                90.00             No MI
ELGIN                        282,000.00                      282,000.00                     92.09                92.09             No MI
WOODBRIDGE                   318,000.00                      318,000.00                    100.00               100.00             No MI
HYATTSVILLE                  455,000.00                      455,000.00                     80.00                80.00             No MI
BLOOMINGTON                   90,000.00                       90,000.00                    100.00               100.00             No MI
ROCKFORD                     119,000.00                      119,000.00                    100.00               100.00             No MI
BALTIMORE                    207,000.00                      207,000.00                     90.00                90.00             No MI
HAMMOND                      135,000.00                      135,000.00                     80.00                80.00             No MI
HOLBROOK                     255,000.00                      255,000.00                     80.00               100.00             No MI
PATERSON                     432,000.00                      432,000.00                     90.00                90.00             No MI
SHAPLEIGH                    165,000.00                      165,000.00                     84.85                84.85             No MI
WATERVILLE                   170,000.00                      170,000.00                     95.00                95.00             No MI
FALL RIVER                   331,000.00                      331,000.00                     74.92                74.92             No MI
ALBANY                       179,000.00                      179,000.00                    100.00               100.00             No MI
MOUNT HOLLY                  191,500.00                      191,500.00                    100.00               100.00             No MI
MERRIMACK                     98,500.00                       98,500.00                    100.00               100.00             No MI
BALTIMORE                    198,000.00                      198,000.00                     94.44                94.44             No MI
LANDOVER                     210,000.00                      210,000.00                     95.00                95.00             No MI
MANCHESTER                   375,000.00                      375,000.00                    100.00               100.00             No MI
CHICAGO                      423,000.00                      423,000.00                    100.00               100.00             No MI
BARRE                        170,000.00                      170,000.00                    100.00               100.00             No MI
CHICAGO                      310,000.00                      310,000.00                     80.00               100.00             No MI
NASHUA                       330,000.00                      330,000.00                     80.00                80.00             No MI
CENTRAL ISLIP                425,000.00                      425,000.00                     84.71                84.71             No MI
AURORA                       179,000.00                      179,000.00                     84.92                84.92             No MI
BREWER                       238,000.00                      238,000.00                     90.00                90.00             No MI
CUMBERLAND FORE              300,000.00                      300,000.00                     73.00                73.00             No MI
SALISBURY                    162,000.00                      162,000.00                     48.52                48.52             No MI
PETERBOROUGH                 330,000.00                      330,000.00                    100.00               100.00             No MI
GLEN ALLEN                   251,000.00                      251,000.00                     95.00                95.00             No MI
REHOBOTH                     347,000.00                      347,000.00                     84.94                84.94             No MI
POOLESVILLE                  675,000.00                      675,000.00                     89.93                89.93             No MI
CHICAGO                      270,000.00                      270,000.00                     80.00                90.00             No MI
NORTH PROVIDENC              240,000.00                      240,000.00                     85.00               100.00             No MI
CHARLOTTE                    168,000.00                      168,000.00                    100.00               100.00             No MI
DAVENPORT                     73,000.00                       73,000.00                    100.00               100.00             No MI
SHELTON                      275,000.00                      275,000.00                     90.00               100.00             No MI
DES MOINES                   183,500.00                      183,500.00                     67.57                67.57             No MI
CARL JUNCTION                225,100.00                      225,100.00                     88.85                88.85             No MI
MARSHFIELD                   128,000.00                      128,000.00                     60.94                60.94             No MI
BOELUS                       118,000.00                      118,000.00                     90.00                90.00             No MI
GUTHRIE CENTER                56,000.00                       56,000.00                    100.00               100.00             No MI
OLATHE                       150,000.00                      150,000.00                     50.00                50.00             No MI
LUFKIN                        89,000.00                       89,000.00                     85.00               100.00             No MI
MANSFIELD                     91,000.00                       91,000.00                     95.00                95.00             No MI
BRANDON                      238,000.00                      238,000.00                     75.00                75.00             No MI
BLACK CANYON CI              335,000.00                      335,000.00                     41.04                41.04             No MI
CARLSBAD                      50,000.00                       50,000.00                    100.00               100.00             No MI
MISSION VIEJO                910,000.00                      910,000.00                     87.03                87.03             No MI
APLINGTON                    131,000.00                      131,000.00                     90.00                90.00             No MI
ELDON                         65,000.00                       65,000.00                     90.00                90.00             No MI
NEWTON                        73,400.00                       73,400.00                     85.00                85.00             No MI
LINDEN                       110,000.00                      110,000.00                     90.00                90.00             No MI
OKEECHOBEE                   250,000.00                      250,000.00                     80.00                80.00             No MI
BOONE                         82,000.00                       82,000.00                     80.00                80.00             No MI
LA PORTE                      87,500.00                       87,500.00                     90.00                90.00             No MI
WICHITA                       84,000.00                       84,000.00                     82.88                95.00             No MI
NEWTON                       176,000.00                      176,000.00                    100.00               100.00             No MI
PERRY                         87,000.00                       87,000.00                     95.00                95.00             No MI
GRANGER                      276,000.00                      276,000.00                     78.99                78.99             No MI
FRANKFORT                    211,000.00                      211,000.00                     56.67                56.67             No MI
HARTLEY                       85,000.00                       85,000.00                     95.00                95.00             No MI
WALLLA WALLA                 160,000.00                      160,000.00                     85.00               100.00             No MI
SHALIMAR                     195,000.00                      195,000.00                     47.18                47.18             No MI
CONWAY SPRINGS               115,000.00                      115,000.00                     80.00                80.00             No MI
SACRAMENTO                   215,000.00                      215,000.00                     85.00               100.00             No MI
LATHROP                      210,000.00                      210,000.00                    100.00               100.00             No MI
CHARLESTON                   192,000.00                      192,000.00                     80.00                80.00             No MI
DIXON IL 61021                95,500.00                       95,500.00                     80.00                80.00             No MI
COVINGTON                     91,000.00                       91,000.00                     71.43                71.43             No MI
EVERETT                      160,000.00                      160,000.00                     85.00               100.00             No MI
LAS VEGAS                    626,000.00                      626,000.00                     85.00               100.00             No MI
AURORA                       100,000.00                      100,000.00                     90.00                90.00             No MI
FRANKLIN                     140,000.00                      140,000.00                     85.00               100.00             No MI
INDEPENDENCE                 105,000.00                      105,000.00                     85.00               100.00             No MI
INDEPENDENCE                 150,000.00                      150,000.00                     79.47                79.47             No MI
PHOENIX                      183,000.00                      183,000.00                     80.00               100.00             No MI
MEMPHIS                       64,000.00                       64,000.00                     85.00                85.00             No MI
ATKINS                       274,000.00                      274,000.00                     90.00               100.00             No MI
WINLOCK                      230,000.00                      230,000.00                     70.87                70.87             No MI
BRYANT                       140,000.00                      140,000.00                     80.00               100.00             No MI
INVERNESS                    230,000.00                      230,000.00                     80.00                90.00             No MI
LAS VEGAS                    626,000.00                      626,000.00                    100.00               100.00             No MI
MEMPHIS                       74,500.00                       74,500.00                     80.00                80.00             No MI
NORTH LAS VEGAS              275,000.00                      275,000.00                     95.00                95.00             No MI
SHREVEPORT                   148,000.00                      148,000.00                     90.00                90.00             No MI
SIOUX CITY                   185,000.00                      185,000.00                     80.00                80.00             No MI
VANCOUVER                    226,000.00                      226,000.00                     80.00               100.00             No MI
ALBUQUERQUE                  190,000.00                      190,000.00                     80.00                80.00             No MI
INDIANOLA                    189,750.00                      189,750.00                     80.00                80.00             No MI
PORTLAND                     135,000.00                      135,000.00                     85.00                85.00             No MI
NORTH LAS VEGAS              275,000.00                      275,000.00                    100.00               100.00             No MI
RAPIDS CITY                   72,000.00                       72,000.00                     95.00                95.00             No MI
MIAMI                        780,000.00                      780,000.00                     80.00               100.00             No MI
EXETER                        63,000.00                       63,000.00                    100.00               100.00             No MI
WICHITA                       57,000.00                       57,000.00                    100.00               100.00             No MI
VANCOUVER                    226,000.00                      226,000.00                    100.00               100.00             No MI
BARTLESVILLE                 317,500.00                      317,500.00                     80.00                80.00             No MI
WORTH                         99,800.00                       99,800.00                     83.17                83.17             No MI
MESA                         390,000.00                      390,000.00                     60.51                60.51             No MI
NORFOLK                      100,000.00                      100,000.00                     80.00                80.00             No MI
WEST DES MOINES              535,000.00                      535,000.00                     84.86                84.86             No MI
BETTENDORF                   250,000.00                      250,000.00                     90.00                90.00             No MI
HEWITT                       155,000.00                      155,000.00                    100.00               100.00             No MI
FORT SMITH                    73,000.00                       73,000.00                    100.00               100.00             No MI
WICHITA                       67,000.00                       67,000.00                     90.00                90.00             No MI
ENUMCLAW                     505,000.00                      505,000.00                     78.22                78.22             No MI
CRAWFORDSVILLE               112,000.00                      112,000.00                     85.00                85.00             No MI
EVERETT                      381,000.00                      381,000.00                    100.00               100.00             No MI
EVERETT                      330,000.00                      330,000.00                     80.00                80.00             No MI
LINDSBORG                     78,000.00                       78,000.00                    100.00               100.00             No MI
TACOMA                       180,000.00                      180,000.00                     79.78                79.78             No MI
PUYALLUP                     335,000.00                      335,000.00                     90.00                90.00             No MI
BATTLE GROUND                470,000.00                      470,000.00                     90.00                90.00             No MI
WATAUGA                      124,000.00                      124,000.00                    100.00               100.00             No MI
DAVENPORT                    185,000.00                      185,000.00                    100.00               100.00             No MI
LAKE STEVENS                 310,000.00                      310,000.00                     75.00                81.45             No MI
PLAINFIELD                   165,000.00                      165,000.00                     80.00               100.00             No MI
PLAINFIELD                   165,000.00                      165,000.00                    100.00               100.00             No MI
BROOKLYN PARK                275,000.00                      275,000.00                     80.00               100.00             No MI
BROOKLYN PARK                275,000.00                      275,000.00                    100.00               100.00             No MI
OAKLAND CITY                  95,000.00                       95,000.00                    100.00               100.00             No MI
BRITTON                      330,000.00                      330,000.00                     80.00                80.00             No MI
MACHESNEY PARK               158,000.00                      158,000.00                    100.00               100.00             No MI
DETROIT                       85,000.00                       85,000.00                     90.00                90.00             No MI
ELGIN                        282,000.00                      282,000.00                     85.00                92.09             No MI
BENSENVILLE                  380,000.00                      380,000.00                     91.84                91.84             No MI
MIDLAND                      426,000.00                      426,000.00                    100.00               100.00             No MI
CRYSTAL                      251,400.00                      251,400.00                     80.00               100.00             No MI
THIEF RIVER FAL               64,000.00                       64,000.00                    100.00               100.00             No MI
SAUK VILLAGE                  82,000.00                       82,000.00                    100.00               100.00             No MI
DETROIT                       95,000.00                       95,000.00                     90.00                90.00             No MI
EVELETH                       64,000.00                       64,000.00                    100.00               100.00             No MI
GLENDALE HEIGHT               97,900.00                       97,900.00                    100.00               100.00             No MI
GREENWOOD                    280,000.00                      280,000.00                    100.00               100.00             No MI
BURNSVILLE                   283,000.00                      283,000.00                     80.00                80.00             No MI
ROCKFORD                      92,000.00                       92,000.00                    100.00               100.00             No MI
GILBERTSVILLE                 85,000.00                       85,000.00                    100.00               100.00             No MI
KOKOMO                        67,000.00                       67,000.00                    100.00               100.00             No MI
HUTCHINSON                   227,000.00                      227,000.00                     85.00                85.00             No MI
ZIMMERMAN                    239,000.00                      239,000.00                     95.00                95.00             No MI
CAMBRIA                      134,000.00                      134,000.00                     85.00                85.00             No MI
MAPLE GROVE                  183,000.00                      183,000.00                    100.00               100.00             No MI
STREAMWOOD                   193,000.00                      193,000.00                    100.00               100.00             No MI
CHICAGO                      350,000.00                      350,000.00                    100.00               100.00             No MI
MATTESON                     220,000.00                      220,000.00                     80.00                80.00             No MI
MINNEAPOLIS                  180,000.00                      180,000.00                    100.00               100.00             No MI
MATTESON                     220,000.00                      220,000.00                     95.00                95.00             No MI
SPRING LAKE                  102,000.00                      102,000.00                    100.00               100.00             No MI
OTTAWA                       140,000.00                      140,000.00                     80.00               100.00             No MI
SAINT PAUL                   250,000.00                      250,000.00                    100.00               100.00             No MI
CHICAGO                      116,000.00                      116,000.00                    100.00               100.00             No MI
CRETE                        292,000.00                      292,000.00                     95.00                95.00             No MI
POPLAR GROVE                 167,000.00                      167,000.00                     80.00               100.00             No MI
BOONVILLE                     75,000.00                       75,000.00                    100.00               100.00             No MI
HAZEL CREST                  255,000.00                      255,000.00                    100.00               100.00             No MI
DAWSON                        84,000.00                       84,000.00                     95.00                95.00             No MI
UNIVERSITY PARK              200,000.00                      200,000.00                    100.00               100.00             No MI
JORDAN                       250,000.00                      250,000.00                    100.00               100.00             No MI
MAYWOOD                      240,000.00                      240,000.00                    100.00               100.00             No MI
ROCKFORD                      51,000.00                       51,000.00                    100.00               100.00             No MI
LITTLE CANADA                115,000.00                      115,000.00                    100.00               100.00             No MI
DAVIS JUNCTION               100,000.00                      100,000.00                    100.00               100.00             No MI
BUFFALO                      222,000.00                      222,000.00                    100.00               100.00             No MI
BOLINGBROOK                  199,000.00                      199,000.00                    100.00               100.00             No MI
CHICAGO                      390,000.00                      390,000.00                     80.00               100.00             No MI
TAYLOR                       140,000.00                      140,000.00                    100.00               100.00             No MI
ATWATER                       94,000.00                       94,000.00                    100.00               100.00             No MI
SOUTH PARIS                  230,000.00                      230,000.00                     54.35                54.35             No MI
NEW RICHMOND                 127,000.00                      127,000.00                     85.00               100.00             No MI
CHICAGO                      340,000.00                      340,000.00                    100.00               100.00             No MI
NEW RICHMOND                 127,000.00                      127,000.00                    100.00               100.00             No MI
AUBURN HILLS                 180,000.00                      180,000.00                    100.00               100.00             No MI
SAUK VILLAGE                 120,000.00                      120,000.00                    100.00               100.00             No MI
BEAVER DAM                    86,000.00                       86,000.00                    100.00               100.00             No MI
LA SALLE                      85,500.00                       85,500.00                    100.00               100.00             No MI
DAVISON                       78,000.00                       78,000.00                    100.00               100.00             No MI
OXFORD                        75,000.00                       75,000.00                     80.00               100.00             No MI
MINNETONKA                   308,000.00                      308,000.00                     85.00               100.00             No MI
NEWBURGH                      81,000.00                       81,000.00                    100.00               100.00             No MI
CHICAGO                      590,000.00                      590,000.00                    100.00               100.00             No MI
JOLIET                       210,000.00                      210,000.00                     95.00                95.00             No MI
CONCORDIA                    100,000.00                      100,000.00                    100.00               100.00             No MI
SPRINGFIELD                   66,000.00                       66,000.00                    100.00               100.00             No MI
MARQUETTE HEIGH               89,000.00                       89,000.00                     61.80                61.80             No MI
FRANKFORT                     56,000.00                       56,000.00                    100.00               100.00             No MI
NASHVILLE                     77,000.00                       77,000.00                     90.00                90.00             No MI
MOUNT PROSPECT               365,000.00                      365,000.00                     80.00                80.00             No MI
GRAND PRAIRIE                244,000.00                      244,000.00                    100.00               100.00             No MI
SHERMAN                       93,000.00                       93,000.00                     58.55                58.55             No MI
ELDORA                        79,500.00                       79,500.00                     91.82                91.82             No MI
MIDLOTHIAN                    95,000.00                       95,000.00                     88.11                88.11             No MI
LIBERAL                       65,000.00                       65,000.00                    100.00               100.00             No MI
HOUSTON                       80,000.00                       80,000.00                     78.75                78.75             No MI
CEDAR RAPIDS                  75,000.00                       75,000.00                     90.00                90.00             No MI
ABILENE                       64,500.00                       64,500.00                    100.00               100.00             No MI
KANSAS CITY                  115,000.00                      115,000.00                     90.00               100.00             No MI
TACOMA                       188,000.00                      188,000.00                     56.38                56.38             No MI
OSCEOLA                      127,000.00                      127,000.00                     89.53                89.53             No MI
GENESEO                       98,000.00                       98,000.00                     83.67                83.67             No MI
SEAGOVILLE                    85,000.00                       85,000.00                     58.82                58.82             No MI
SEATTLE                      592,000.00                      592,000.00                     85.00               100.00             No MI
OLYMPIA                      215,000.00                      215,000.00                    100.00               100.00             No MI
NEW ORLEANS                  190,000.00                      190,000.00                     79.47                90.00             No MI
TACOMA                       175,000.00                      175,000.00                    100.00               100.00             No MI
ARLINGTON                    300,000.00                      300,000.00                     71.33                71.33             No MI
DALLAS                       103,000.00                      103,000.00                     90.00               100.00             No MI
MONROE                       200,000.00                      200,000.00                     76.00                76.00             No MI
CEDAR FALLS                  152,000.00                      152,000.00                     70.00                70.00             No MI
SHERMAN                       55,000.00                       55,000.00                     90.00               100.00             No MI
COMBINE                      350,000.00                      350,000.00                     80.00                80.00             No MI
HOUSTON                      114,000.00                      114,000.00                     80.00                80.00             No MI
MERIAM                       203,272.00                      203,272.00                     71.92                71.92             No MI
BLUE RIDGE                   333,000.00                      333,000.00                     85.00               100.00             No MI
KANSAS CITY                  105,000.00                      105,000.00                    100.00               100.00             No MI
SPRINGFIELD                   73,500.00                       73,500.00                    100.00               100.00             No MI
HAMILTON                      60,000.00                       60,000.00                    100.00               100.00             No MI
CONROE                       109,000.00                      109,000.00                     50.46                50.46             No MI
KENNEWICK                    112,000.00                      112,000.00                    100.00               100.00             No MI
KNOXVILLE                    155,000.00                      155,000.00                     95.00                95.00             No MI
HUMBLE                       222,000.00                      222,000.00                    100.00               100.00             No MI
WELLINGTON                    80,500.00                       80,500.00                    100.00               100.00             No MI
BUTLER                       150,000.00                      150,000.00                     80.00               100.00             No MI
SPRINGFIELD                  107,000.00                      107,000.00                     85.00                85.00             No MI
PANAMA CITY BEA              590,000.00                      590,000.00                     68.64                68.64             No MI
SARITA                        94,000.00                       94,000.00                     90.00                90.00             No MI
POTTSBORO                    160,000.00                      160,000.00                    100.00               100.00             No MI
MASON CITY                   204,000.00                      204,000.00                     90.00                90.00             No MI
NICKERSON                    135,000.00                      135,000.00                     80.00                80.00             No MI
GRANDVIEW                    100,000.00                      100,000.00                     85.00               100.00             No MI
MIRAMAR                      325,000.00                      325,000.00                     89.69                89.69             No MI
CLEARWATER                   175,000.00                      175,000.00                     90.00                90.00             No MI
LEAVENWORTH                   83,000.00                       83,000.00                    100.00               100.00             No MI
INDEPENDENCE                  90,000.00                       90,000.00                    100.00               100.00             No MI
BLOOMINGTON                  188,000.00                      188,000.00                    100.00               100.00             No MI
INDEPENDENCE                 148,000.00                      148,000.00                    100.00               100.00             No MI
WATERLOO                     106,000.00                      106,000.00                     89.62                89.62             No MI
SANTA ROSA BEAC              320,000.00                      320,000.00                     80.00               100.00             No MI
LARGO                        150,000.00                      150,000.00                     85.00                85.00             No MI
SEARCY                        96,000.00                       96,000.00                    100.00               100.00             No MI
BEAVERTON                    245,000.00                      245,000.00                     80.00                80.00             No MI
GRINNELL                      71,000.00                       71,000.00                    100.00               100.00             No MI
SEAGOVILLE                    85,000.00                       85,000.00                    100.00               100.00             No MI
BOONVILLE                     63,000.00                       63,000.00                     90.00                90.00             No MI
SPRINGDALE                   184,000.00                      184,000.00                     67.70                67.70             No MI
MIDDLETON                     73,000.00                       73,000.00                     69.93                69.93             No MI
SAN ANTONIO                   70,000.00                       70,000.00                    100.00               100.00             No MI
EDMOND                       511,000.00                      511,000.00                     85.00               100.00             No MI
DALLAS                       131,000.00                      131,000.00                    100.00               100.00             No MI
PEARCY                       139,000.00                      139,000.00                    100.00               100.00             No MI
FORT WORTH                   175,000.00                      175,000.00                    100.00               100.00             No MI
CEDAR HILL                   126,400.00                      126,400.00                     80.00               100.00             No MI
HOUSTON                      166,000.00                      166,000.00                     85.00               100.00             No MI
MEMPHIS                       94,000.00                       94,000.00                    100.00               100.00             No MI
TYLER                        126,000.00                      126,000.00                    100.00               100.00             No MI
BENTON                       208,000.00                      208,000.00                    100.00               100.00             No MI
NORTH LITTLE RO               50,000.00                       50,000.00                    100.00               100.00             No MI
WYLIE                        203,000.00                      203,000.00                     80.00               100.00             No MI
HOUSTON                      218,000.00                      218,000.00                     80.00               100.00             No MI
LITTLETON                    400,000.00                      400,000.00                    100.00               100.00             No MI
DENTON                       125,000.00                      125,000.00                    100.00               100.00             No MI
ATHENS                        78,000.00                       78,000.00                    100.00               100.00             No MI
GRAND PRAIRIE                145,000.00                      145,000.00                     80.00               100.00             No MI
ARLINGTON                     76,000.00                       76,000.00                    100.00               100.00             No MI
GRAND PRAIRIE                158,000.00                      158,000.00                     80.00               100.00             No MI
CHILDRESS                    120,000.00                      120,000.00                    100.00               100.00             No MI
CARROLLTON                   259,000.00                      259,000.00                    100.00               100.00             No MI
ARLINGTON                    170,000.00                      170,000.00                     95.00                95.00             No MI
PROVIDENCE VILL              164,000.00                      164,000.00                     80.00               100.00             No MI
PROVIDENCE VILL              164,000.00                      164,000.00                    100.00               100.00             No MI
SEVIERVILLE                  146,000.00                      146,000.00                     90.00               100.00             No MI
FRESNO                        75,000.00                       75,000.00                     80.00                95.00             No MI
DESOTO                       126,000.00                      126,000.00                    100.00               100.00             No MI
SOUTH HAVEN                  112,000.00                      112,000.00                    100.00               100.00             No MI
BURRTON                       97,000.00                       97,000.00                    100.00               100.00             No MI
SAN JACINTO                  390,000.00                      390,000.00                     88.46                88.46             No MI
PERU                          86,500.00                       86,500.00                    100.00               100.00             No MI
ATLANTA                      129,000.00                      129,000.00                    100.00               100.00             No MI
GAINESVILLE                   69,000.00                       69,000.00                    100.00               100.00             No MI
ALBUQUERQUE                  145,000.00                      145,000.00                     80.00                80.00             No MI
CITY NAME                    120,000.00                      120,000.00                    100.00               100.00             No MI
SOLDIER                       60,000.00                       60,000.00                    100.00               100.00             No MI
DODGE CITY                    86,000.00                       86,000.00                    100.00               100.00             No MI
BRANSON                      369,000.00                      369,000.00                    100.00               100.00             No MI
ALLEN                        210,000.00                      210,000.00                     90.00               100.00             No MI
ALTO PASS                     71,900.00                       71,900.00                    100.00               100.00             No MI
ARLINGTON                    117,000.00                      117,000.00                    100.00               100.00             No MI
FORT WORTH                    56,000.00                       56,000.00                     90.00                90.00             No MI
SIKESTON                      79,000.00                       79,000.00                    100.00               100.00             No MI
CONVERSE                      75,000.00                       75,000.00                    100.00               100.00             No MI
THE DALLES                   158,000.00                      158,000.00                     82.28                82.28             No MI
HUMBLE                       117,000.00                      117,000.00                     80.00                80.00             No MI
KELSO                        125,000.00                      125,000.00                     84.00                84.00             No MI
BATESVILLE                    55,000.00                       55,000.00                    100.00               100.00             No MI
GUN BARREL CITY               79,500.00                       79,500.00                     75.00                75.00             No MI
ERIE                         190,000.00                      190,000.00                     95.00                95.00             No MI
WATERLOO                     105,000.00                      105,000.00                    100.00               100.00             No MI
VILLAGE MILLS                201,300.00                      201,300.00                    100.00               100.00             No MI
IOWA CITY                    130,000.00                      130,000.00                     80.00               100.00             No MI
SHREWSBURY                   157,300.00                      157,300.00                     92.18                92.18             No MI
GILMER                        87,000.00                       87,000.00                    100.00               100.00             No MI
LITTLE ROCK                   57,000.00                       57,000.00                     90.00                90.00             No MI
COLLEGE STATION              131,750.00                      131,750.00                     85.00               100.00             No MI
TRENTON                       55,000.00                       55,000.00                    100.00               100.00             No MI
DIBOLL                        70,000.00                       70,000.00                    100.00               100.00             No MI
OMAHA                        350,000.00                      350,000.00                     85.00                85.00             No MI
PERRYVILLE                    93,000.00                       93,000.00                    100.00               100.00             No MI
COVINGTON                     56,000.00                       56,000.00                    100.00               100.00             No MI
CARSON                       130,000.00                      130,000.00                    100.00               100.00             No MI
GRANDVIEW                    140,000.00                      140,000.00                     80.00               100.00             No MI
LEBANON                       54,000.00                       54,000.00                    100.00               100.00             No MI
DALLAS                       241,000.00                      241,000.00                     76.35                76.35             No MI
OLYMPIA                      215,000.00                      215,000.00                     85.00               100.00             No MI
ALFORD                       100,000.00                      100,000.00                     50.00                50.00             No MI
BARTLESVILLE                  65,900.00                       65,900.00                    100.00               100.00             No MI
OSAWATOMIE                    95,000.00                       95,000.00                    100.00               100.00             No MI
FRANKFORT                     79,000.00                       79,000.00                    100.00               100.00             No MI
PROSSER                      130,000.00                      130,000.00                    100.00               100.00             No MI
MINGO                         50,000.00                       50,000.00                    100.00               100.00             No MI
THE WOODLANDS                145,000.00                      145,000.00                     48.28                48.28             No MI
WICHITA                       62,000.00                       62,000.00                    100.00               100.00             No MI
WINFIELD                      70,000.00                       70,000.00                    100.00               100.00             No MI
MEMPHIS                       70,000.00                       70,000.00                    100.00               100.00             No MI
KANSAS CITY                  160,000.00                      160,000.00                     80.00               100.00             No MI
FORT WORTH                   111,900.00                      111,900.00                    100.00               100.00             No MI
N. RICHLAND HIL              149,000.00                      149,000.00                    100.00               100.00             No MI
FORT LAUDERDALE              205,000.00                      205,000.00                     85.00               100.00             No MI
HOUSTON                      105,000.00                      105,000.00                     71.43                71.43             No MI
GAINESVILLE                  128,000.00                      128,000.00                     75.00                75.00             No MI
FORT LAUDERDALE              205,000.00                      205,000.00                    100.00               100.00             No MI
FRANKFORT                     87,000.00                       87,000.00                    100.00               100.00             No MI
OSAWATOMIE                   120,000.00                      120,000.00                    100.00               100.00             No MI
ROWLETT                      155,000.00                      155,000.00                    100.00               100.00             No MI
LACY LAKEVIEW                106,000.00                      106,000.00                    100.00               100.00             No MI
KANSAS CITY                   95,000.00                       95,000.00                     84.47                95.00             No MI
SAN ANTONIO                  195,000.00                      195,000.00                     80.00               100.00             No MI
SALEM                        203,000.00                      203,000.00                     90.00                90.00             No MI
WASHINGTON                    52,000.00                       52,000.00                    100.00               100.00             No MI
FT LAUDERDALE                260,000.00                      260,000.00                     41.15                41.15             No MI
WICHITA                      100,000.00                      100,000.00                     95.00                95.00             No MI
GLENN HEIGHTS                110,000.00                      110,000.00                    100.00               100.00             No MI
CADDO MILLS                   97,000.00                       97,000.00                    100.00               100.00             No MI
OKLAHOMA CITY                116,000.00                      116,000.00                     85.00               100.00             No MI
OKLAHOMA CITY                116,000.00                      116,000.00                    100.00               100.00             No MI
ALVARADO                     140,000.00                      140,000.00                     53.57                53.57             No MI
ROSENBERG                    121,000.00                      121,000.00                     75.00                75.00             No MI
CORDOVA                      180,000.00                      180,000.00                     85.00               100.00             No MI
BOSSIER CITY                  74,000.00                       74,000.00                    100.00               100.00             No MI
FATE                         125,000.00                      125,000.00                    100.00               100.00             No MI
MEMPHIS                      103,000.00                      103,000.00                    100.00               100.00             No MI
DALLAS                       594,000.00                      594,000.00                     80.00                80.00             No MI
LAMAR                        235,500.00                      235,500.00                     90.00                90.00             No MI
EULESS                        88,000.00                       88,000.00                    100.00               100.00             No MI
FORT WORTH                    80,800.00                       80,800.00                    100.00               100.00             No MI
CECILIA                       58,000.00                       58,000.00                    100.00               100.00             No MI
CROWLEY                      152,000.00                      152,000.00                     80.00               100.00             No MI
LAS VEGAS                    330,000.00                      330,000.00                     80.00               100.00             No MI
CROWLEY                      152,000.00                      152,000.00                    100.00               100.00             No MI
BATON ROUGE                   73,000.00                       73,000.00                    100.00               100.00             No MI
EL PASO                       80,000.00                       80,000.00                    100.00               100.00             No MI
KATY                         122,000.00                      122,000.00                     80.00               100.00             No MI
LAKE WORTH                    64,000.00                       64,000.00                    100.00               100.00             No MI
GARLAND                      125,000.00                      125,000.00                     90.00               100.00             No MI
ANTIOCH                      148,000.00                      148,000.00                     80.00               100.00             No MI
ANTIOCH                      148,000.00                      148,000.00                    100.00               100.00             No MI
GARLAND                      105,000.00                      105,000.00                     72.38                72.38             No MI
ALLEN                        350,000.00                      350,000.00                     80.00               100.00             No MI
ALLEN                        350,000.00                      350,000.00                    100.00               100.00             No MI
HARRAH                       166,000.00                      166,000.00                     93.98                93.98             No MI
EL PASO COUNTY               162,000.00                      162,000.00                     80.00               100.00             No MI
TULSA                         69,000.00                       69,000.00                    100.00               100.00             No MI
DALLAS                        79,000.00                       79,000.00                    100.00               100.00             No MI
FATE                         170,000.00                      170,000.00                    100.00               100.00             No MI
DALLAS                       105,000.00                      105,000.00                     80.00               100.00             No MI
LEWISVILLE                   210,000.00                      210,000.00                     80.00                80.00             No MI
FORT WORTH                   207,000.00                      207,000.00                     74.20                74.20             No MI
SAN ANTONIO                  156,000.00                      156,000.00                    100.00               100.00             No MI
EL PASO                       82,000.00                       82,000.00                    100.00               100.00             No MI
MCKINNEY                     188,000.00                      188,000.00                     80.00               100.00             No MI
DENVER                       708,000.00                      708,000.00                     95.00                95.00             No MI
TUPELO                       102,000.00                      102,000.00                     95.00                95.00             No MI
AZLE                         167,000.00                      167,000.00                     80.00               100.00             No MI
ROCKWALL                     224,000.00                      224,000.00                     85.00                85.00             No MI
KATY                         179,000.00                      179,000.00                     80.00               100.00             No MI
FORT WORTH                   217,000.00                      217,000.00                     80.00               100.00             No MI
RICHMOND                     200,000.00                      200,000.00                     93.84                93.84             No MI
MEMPHIS                       85,000.00                       85,000.00                     95.00                95.00             No MI
DERBY                        222,000.00                      222,000.00                     27.03                27.03             No MI
CABOT                         79,000.00                       79,000.00                    100.00               100.00             No MI
HOUMA                        159,000.00                      159,000.00                    100.00               100.00             No MI
SINTON                       156,500.00                      156,500.00                    100.00               100.00             No MI
EL PASO                      142,000.00                      142,000.00                     80.00               100.00             No MI
FORT WORTH                   100,000.00                      100,000.00                    100.00               100.00             No MI
MEMPHIS                      110,000.00                      110,000.00                     80.00               100.00             No MI
WOODLAWN                     115,000.00                      115,000.00                     90.00               100.00             No MI
WOODLAWN                     115,000.00                      115,000.00                    100.00               100.00             No MI
BROKEN ARROW                 182,000.00                      182,000.00                    100.00               100.00             No MI
WICHITA FALLS                 90,000.00                       90,000.00                    100.00               100.00             No MI
HUTTO                        114,000.00                      114,000.00                    100.00               100.00             No MI
BOLIVAR                       91,000.00                       91,000.00                     85.00               100.00             No MI
BOLIVAR                       91,000.00                       91,000.00                    100.00               100.00             No MI
GARLAND                       85,000.00                       85,000.00                     88.22               100.00             No MI
RICHARDSON                   159,000.00                      159,000.00                     80.00               100.00             No MI
MESQUITE                      92,000.00                       92,000.00                    100.00               100.00             No MI
MESQUITE                      96,000.00                       96,000.00                    100.00               100.00             No MI
MESQUITE                     230,000.00                      230,000.00                    100.00               100.00             No MI
FORT WORTH                    85,000.00                       85,000.00                    100.00               100.00             No MI
DELIGHT                       80,000.00                       80,000.00                    100.00               100.00             No MI
MEMPHIS                      127,000.00                      127,000.00                    100.00               100.00             No MI
WELCH                         89,000.00                       89,000.00                    100.00               100.00             No MI
PARIS                         95,000.00                       95,000.00                    100.00               100.00             No MI
FATE                         163,000.00                      163,000.00                    100.00               100.00             No MI
SOUTHAVEN                    302,000.00                      302,000.00                     85.00               100.00             No MI
FLINT                        114,000.00                      114,000.00                    100.00               100.00             No MI
WHITEHOUSE                   104,000.00                      104,000.00                    100.00               100.00             No MI
GARLAND                      104,000.00                      104,000.00                    100.00               100.00             No MI
FATE                         158,000.00                      158,000.00                    100.00               100.00             No MI
ALVIN                        100,000.00                      100,000.00                    100.00               100.00             No MI
LAREDO                       134,500.00                      134,500.00                    100.00               100.00             No MI
INOLA                        110,000.00                      110,000.00                    100.00               100.00             No MI
AZLE                         150,000.00                      150,000.00                     80.00               100.00             No MI
MERCEDES                     163,000.00                      163,000.00                     61.35                61.35             No MI
ARLINGTON                    110,000.00                      110,000.00                    100.00               100.00             No MI
DUMAS                         71,000.00                       71,000.00                    100.00               100.00             No MI
WINNSBORO                     85,500.00                       85,500.00                     85.00                85.00             No MI
ARLINGTON                    320,000.00                      320,000.00                     59.69                59.69             No MI
SANGER                        98,000.00                       98,000.00                    100.00               100.00             No MI
SAND SPRINGS                  76,000.00                       76,000.00                    100.00               100.00             No MI
ODESSA                       145,000.00                      145,000.00                    100.00               100.00             No MI
WYLIE                        153,000.00                      153,000.00                     79.93                79.93             No MI
WEATHERFORD                   87,000.00                       87,000.00                    100.00               100.00             No MI
WATAUGA                      104,000.00                      104,000.00                    100.00               100.00             No MI
LITTLE ROCK                   81,000.00                       81,000.00                    100.00               100.00             No MI
LEXINGTON                     94,000.00                       94,000.00                    100.00               100.00             No MI
MESQUITE                      99,500.00                       99,500.00                    100.00               100.00             No MI
GRAPEVINE                    216,000.00                      216,000.00                     80.00               100.00             No MI
EL PASO                      242,000.00                      242,000.00                     85.00               100.00             No MI
WOLFFORTH                    179,500.00                      179,500.00                     85.00               100.00             No MI
MOUNDS                        75,000.00                       75,000.00                    100.00               100.00             No MI
FORT WORTH                   165,000.00                      165,000.00                    100.00               100.00             No MI
ALLEN                        100,000.00                      100,000.00                    100.00               100.00             No MI
DALLAS                       104,000.00                      104,000.00                    100.00               100.00             No MI
JACKSON                       51,000.00                       51,000.00                    100.00               100.00             No MI
BURNET                       530,000.00                      530,000.00                     52.83                52.83             No MI
FRISCO                       244,000.00                      244,000.00                     95.00                95.00             No MI
OLIVE BRANCH                 154,000.00                      154,000.00                    100.00               100.00             No MI
HOUSTON                      131,000.00                      131,000.00                    100.00               100.00             No MI
CEDAR HILL                   111,000.00                      111,000.00                    100.00               100.00             No MI
SEAGOVILLE                   129,000.00                      129,000.00                    100.00               100.00             No MI
BOLIVAR                       72,000.00                       72,000.00                    100.00               100.00             No MI
TULSA                         85,000.00                       85,000.00                    100.00               100.00             No MI
HORIZON CITY                  74,000.00                       74,000.00                    100.00               100.00             No MI
KATY                         145,000.00                      145,000.00                     90.00                90.00             No MI
SUNSET                       119,000.00                      119,000.00                    100.00               100.00             No MI
CLEBURNE                     132,000.00                      132,000.00                     90.00                90.00             No MI
JACKSON                       74,000.00                       74,000.00                     80.00                80.00             No MI
SHERMAN                      136,000.00                      136,000.00                    100.00               100.00             No MI
CHATTANOOGA                   77,000.00                       77,000.00                     95.00                95.00             No MI
FRISCO                       370,000.00                      370,000.00                     83.61                83.61             No MI
FORNEY                       147,000.00                      147,000.00                    100.00               100.00             No MI
EL PASO                       77,000.00                       77,000.00                    100.00               100.00             No MI
FORT WORTH                    83,000.00                       83,000.00                    100.00               100.00             No MI
EL PASO                      120,000.00                      120,000.00                    100.00               100.00             No MI
MESQUITE                     123,000.00                      123,000.00                    100.00               100.00             No MI
BEAUMONT                     140,000.00                      140,000.00                    100.00               100.00             No MI
MEMPHIS                      169,000.00                      169,000.00                    100.00               100.00             No MI
FORT WORTH                   124,000.00                      124,000.00                    100.00               100.00             No MI
TULSA                        124,000.00                      124,000.00                    100.00               100.00             No MI
CADDO MILLS                  135,000.00                      135,000.00                    100.00               100.00             No MI
BURLESON                      88,000.00                       88,000.00                    100.00               100.00             No MI
GRAND PRAIRIE                 84,000.00                       84,000.00                     95.00                95.00             No MI
TULSA                         72,000.00                       72,000.00                    100.00               100.00             No MI
ROWLETT                      110,000.00                      110,000.00                    100.00               100.00             No MI
HICKORY VALLEY                83,000.00                       83,000.00                    100.00               100.00             No MI
GRANBURY                     530,000.00                      530,000.00                     79.25                79.25             No MI
DALLAS                       146,000.00                      146,000.00                    100.00               100.00             No MI
PLANO                        162,000.00                      162,000.00                     80.00               100.00             No MI
PLANO                        162,000.00                      162,000.00                    100.00               100.00             No MI
GRAND PRAIRIE                215,000.00                      215,000.00                    100.00               100.00             No MI
COVINGTON                     97,000.00                       97,000.00                    100.00               100.00             No MI
FORT WORTH                    75,000.00                       75,000.00                    100.00               100.00             No MI
EL PASO                      170,000.00                      170,000.00                     90.00                90.00             No MI
LAGO VISTA                   255,000.00                      255,000.00                     95.00                95.00             No MI
BROWNSVILLE                   79,000.00                       79,000.00                    100.00               100.00             No MI
LUBBOCK                      135,000.00                      135,000.00                     85.00               100.00             No MI
LUBBOCK                      135,000.00                      135,000.00                    100.00               100.00             No MI
ANNA                         118,000.00                      118,000.00                    100.00               100.00             No MI
BOLIVAR                       80,000.00                       80,000.00                    100.00               100.00             No MI
HUMBOLDT                      64,000.00                       64,000.00                    100.00               100.00             No MI
ALEDO                        244,000.00                      244,000.00                     82.99                82.99             No MI
ARLINGTON                    120,000.00                      120,000.00                    100.00               100.00             No MI
COLLIERVILLE                 200,000.00                      200,000.00                     67.75                67.75             No MI
BOLIVAR                       66,500.00                       66,500.00                    100.00               100.00             No MI
HEARTLAND                    103,000.00                      103,000.00                    100.00               100.00             No MI
MIDDLETON                     51,000.00                       51,000.00                    100.00               100.00             No MI
FORT WORTH                   125,000.00                      125,000.00                    100.00               100.00             No MI
RENOVA                       107,000.00                      107,000.00                    100.00               100.00             No MI
MESQUITE                     130,000.00                      130,000.00                     85.00               100.00             No MI
MESQUITE                     130,000.00                      130,000.00                    100.00               100.00             No MI
MULVANE                      106,500.00                      106,500.00                     99.20                99.20             No MI
WHITWELL                     100,000.00                      100,000.00                    100.00               100.00             No MI
HUTCHINSON                    98,000.00                       98,000.00                    100.00               100.00             No MI
LEWISVILLE                   116,500.00                      116,500.00                    100.00               100.00             No MI
CARROLLTON                   132,000.00                      132,000.00                    100.00               100.00             No MI
LOUISVILLE                   105,000.00                      105,000.00                    100.00               100.00             No MI
TULSA                        126,000.00                      126,000.00                    100.00               100.00             No MI
HORIZON CITY                  98,000.00                       98,000.00                    100.00               100.00             No MI
HORIZON CITY                  86,000.00                       86,000.00                    100.00               100.00             No MI
AUSTIN                       248,000.00                      248,000.00                     90.00                90.00             No MI
LONGVIEW                     310,000.00                      310,000.00                    100.00               100.00             No MI
HOUSTON                      135,000.00                      135,000.00                    100.00               100.00             No MI
CANYON LAKE                  222,500.00                      222,500.00                    100.00               100.00             No MI
ABILENE                       53,000.00                       53,000.00                    100.00               100.00             No MI
ANAHUAC                       63,000.00                       63,000.00                     90.00                90.00             No MI
MIDLAND                       68,000.00                       68,000.00                    100.00               100.00             No MI
HOUSTON                      181,000.00                      181,000.00                    100.00               100.00             No MI
PASADENA                     119,000.00                      119,000.00                    100.00               100.00             No MI
PASADENA                     105,500.00                      105,500.00                    100.00               100.00             No MI
HOCKLEY                       95,000.00                       95,000.00                    100.00               100.00             No MI
BEAUMONT                     114,000.00                      114,000.00                    100.00               100.00             No MI
COLUMBIA                      96,000.00                       96,000.00                    100.00               100.00             No MI
AUSTIN                       540,000.00                      540,000.00                     80.00               100.00             No MI
HOUSTON                      127,000.00                      127,000.00                    100.00               100.00             No MI
BEAUMONT                      94,000.00                       94,000.00                    100.00               100.00             No MI
HOUSTON                      113,000.00                      113,000.00                    100.00               100.00             No MI
PASADENA                     137,000.00                      137,000.00                    100.00               100.00             No MI
SAN ANTONIO                   64,000.00                       64,000.00                    100.00               100.00             No MI
HOUSTON                       99,000.00                       99,000.00                    100.00               100.00             No MI
HOUSTON                      115,690.00                      115,690.00                    100.00               100.00             No MI
DUBLIN                        81,000.00                       81,000.00                    100.00               100.00             No MI
HUMBLE                       180,000.00                      180,000.00                     80.00               100.00             No MI
GALENA PARK                   79,000.00                       79,000.00                     80.00               100.00             No MI
HOUSTON                       71,000.00                       71,000.00                    100.00               100.00             No MI
CYPRESS                      133,730.00                      133,730.00                     85.00               100.00             No MI
HUMBLE                       126,000.00                      126,000.00                    100.00               100.00             No MI
SAN ANTONIO                  127,500.00                      127,500.00                    100.00               100.00             No MI
MCALLEN                       93,000.00                       93,000.00                     95.00                95.00             No MI
PHARR                        227,000.00                      227,000.00                     80.00               100.00             No MI
PHARR                        227,000.00                      227,000.00                    100.00               100.00             No MI
AUSTIN                       130,000.00                      130,000.00                     80.00               100.00             No MI
AUSTIN                       130,000.00                      130,000.00                    100.00               100.00             No MI
KATY                         134,000.00                      134,000.00                     85.00                85.00             No MI
LEAGUE CITY                   95,000.00                       95,000.00                    100.00               100.00             No MI
WACO                          70,000.00                       70,000.00                    100.00               100.00             No MI
MONTGOMERY                   170,000.00                      170,000.00                    100.00               100.00             No MI
CROCKETT                     125,000.00                      125,000.00                     85.00               100.00             No MI
CROCKETT                     125,000.00                      125,000.00                    100.00               100.00             No MI
SAN JUAN                      75,000.00                       75,000.00                    100.00               100.00             No MI
HOUSTON                      154,000.00                      154,000.00                     94.81                94.81             No MI
HOUSTON                      100,000.00                      100,000.00                    100.00               100.00             No MI
MONTGOMERY                   150,000.00                      150,000.00                    100.00               100.00             No MI
RICHMOND                     298,000.00                      298,000.00                     80.00               100.00             No MI
MISSOURI CITY                168,500.00                      168,500.00                    100.00               100.00             No MI
SUGAR LAND                   562,000.00                      562,000.00                     80.00                80.00             No MI
KILLEEN                       74,000.00                       74,000.00                    100.00               100.00             No MI
MCALLEN                      172,000.00                      172,000.00                     80.00                90.12             No MI
HOUSTON                       75,000.00                       75,000.00                    100.00               100.00             No MI
HITCHCOCK                     81,000.00                       81,000.00                     80.00               100.00             No MI
HITCHCOCK                     81,000.00                       81,000.00                    100.00               100.00             No MI
SAN ANTONIO                  155,000.00                      155,000.00                     80.00                80.00             No MI
HUFFMAN                      221,000.00                      221,000.00                     80.00               100.00             No MI
WHITESBORO                   146,500.00                      146,500.00                    100.00               100.00             No MI
ROUND ROCK                   118,000.00                      118,000.00                     80.00                80.00             No MI
LINDALE                      245,000.00                      245,000.00                     85.00               100.00             No MI
HOUSTON                       97,000.00                       97,000.00                    100.00               100.00             No MI
HOUSTON                      238,000.00                      238,000.00                    100.00               100.00             No MI
HOUSTON                       54,000.00                       54,000.00                    100.00               100.00             No MI
CLEVELAND                     89,900.00                       89,900.00                     80.00               100.00             No MI
CLEVELAND                     89,900.00                       89,900.00                    100.00               100.00             No MI
ROUND ROCK                   335,000.00                      335,000.00                     80.00               100.00             No MI
HOUSTON                      150,000.00                      150,000.00                    100.00               100.00             No MI
AUSTIN                       126,000.00                      126,000.00                     80.00               100.00             No MI
EL PASO                       87,000.00                       87,000.00                    100.00               100.00             No MI
PORTER                       113,000.00                      113,000.00                     65.00                65.00             No MI
WAXAHACHIE                   143,000.00                      143,000.00                    100.00               100.00             No MI
CYPRESS                      122,000.00                      122,000.00                    100.00               100.00             No MI
HOUSTON                      116,000.00                      116,000.00                     85.00               100.00             No MI
HOUSTON                      116,000.00                      116,000.00                    100.00               100.00             No MI
SILSBEE                       92,000.00                       92,000.00                    100.00               100.00             No MI
ROSENBERG                    251,500.00                      251,500.00                    100.00               100.00             No MI
LONGVIEW                     143,000.00                      143,000.00                    100.00               100.00             No MI
CANYON LAKE                  220,000.00                      220,000.00                     80.00               100.00             No MI
CEDAR PARK                   390,000.00                      390,000.00                     79.49                79.49             No MI
HOUSTON                      260,000.00                      260,000.00                     82.92               100.00             No MI
HUMBLE                       259,000.00                      259,000.00                     80.00               100.00             No MI
ORANGE                        74,000.00                       74,000.00                    100.00               100.00             No MI
DALLAS                        85,000.00                       85,000.00                     80.00               100.00             No MI
DALLAS                        85,000.00                       85,000.00                    100.00               100.00             No MI
LAREDO                       133,500.00                      133,500.00                     80.00                82.00             No MI
SEALY                        179,900.00                      179,900.00                     80.00               100.00             No MI
BAYTOWN                      160,000.00                      160,000.00                     95.00                95.00             No MI
KATY                         118,900.00                      118,900.00                     80.00               100.00             No MI
MISSOURI CITY                125,000.00                      125,000.00                    100.00               100.00             No MI
LA PORTE                     203,000.00                      203,000.00                     80.00               100.00             No MI
HUMBLE                       174,000.00                      174,000.00                    100.00               100.00             No MI
LEANDER                       90,000.00                       90,000.00                     80.00                80.00             No MI
CYPRESS                      140,000.00                      140,000.00                     80.00               100.00             No MI
HOUSTON                      142,000.00                      142,000.00                     60.00                60.00             No MI
DAYTON                       215,000.00                      215,000.00                    100.00               100.00             No MI
THE WOODLANDS                346,500.00                      346,500.00                     85.00               100.00             No MI
BROWNSVILLE                   84,000.00                       84,000.00                    100.00               100.00             No MI
KYLE                         220,000.00                      220,000.00                    100.00               100.00             No MI
CORSICANA                     77,000.00                       77,000.00                    100.00               100.00             No MI
HUTTO                        250,000.00                      250,000.00                     80.00               100.00             No MI
PEARLAND                     360,000.00                      360,000.00                     80.00               100.00             No MI
HOUSTON                      137,000.00                      137,000.00                    100.00               100.00             No MI
HUMBLE                       247,000.00                      247,000.00                    100.00               100.00             No MI
DICKINSON                     69,000.00                       69,000.00                    100.00               100.00             No MI
PEARLAND                     139,000.00                      139,000.00                     80.00                95.00             No MI
PEARLAND                     139,000.00                      139,000.00                     95.00                95.00             No MI
BAYTOWN                      219,000.00                      219,000.00                    100.00               100.00             No MI
SAGINAW                      120,500.00                      120,500.00                    100.00               100.00             No MI
MESQUITE                     195,000.00                      195,000.00                    100.00               100.00             No MI
BOLIVAR                      158,000.00                      158,000.00                    100.00               100.00             No MI
OTTUMWA                       87,000.00                       87,000.00                    100.00               100.00             No MI
MARSHALLTOWN                 110,000.00                      110,000.00                    100.00               100.00             No MI
WYLIE                        152,000.00                      152,000.00                    100.00               100.00             No MI
HAYS                         136,000.00                      136,000.00                    100.00               100.00             No MI
GRINNELL                     114,000.00                      114,000.00                    100.00               100.00             No MI
ALLEN                        210,000.00                      210,000.00                    100.00               100.00             No MI
IOWA CITY                     87,000.00                       87,000.00                    100.00               100.00             No MI
FREEMONT                     190,000.00                      190,000.00                    100.00               100.00             No MI
NORFOLK                      270,000.00                      270,000.00                     98.15                98.15             No MI
HOUSTON                       94,000.00                       94,000.00                    100.00               100.00             No MI
LUFKIN                        89,000.00                       89,000.00                    100.00               100.00             No MI
LEAGUE CITY                  124,500.00                      124,500.00                    100.00               100.00             No MI
TYLER                        140,000.00                      140,000.00                     85.00                85.00             No MI
KANSAS CITY                   95,000.00                       95,000.00                     95.00                95.00             No MI
SOUTH HOUSTON                 65,000.00                       65,000.00                    100.00               100.00             No MI
LAREDO                       160,000.00                      160,000.00                     85.00               100.00             No MI
HOUSTON                      133,000.00                      133,000.00                    100.00               100.00             No MI
SUGAR LAND                   398,000.00                      398,000.00                    100.00               100.00             No MI
HOUSTON                      135,000.00                      135,000.00                    100.00               100.00             No MI
HOUSTON                      134,000.00                      134,000.00                    100.00               100.00             No MI
CROSBY                        93,000.00                       93,000.00                     90.00                90.00             No MI
HOUSTON                       85,000.00                       85,000.00                    100.00               100.00             No MI
HIGHLANDS                     79,000.00                       79,000.00                     96.90                96.90             No MI
HOUSTON                      208,000.00                      208,000.00                    100.00               100.00             No MI
VIDOR                        125,000.00                      125,000.00                    100.00               100.00             No MI
HOUSTON                      127,000.00                      127,000.00                    100.00               100.00             No MI
LAKE CHARLES                  70,000.00                       70,000.00                    100.00               100.00             No MI
LUMBERTON                    138,000.00                      138,000.00                    100.00               100.00             No MI
SAN JUAN                     121,000.00                      121,000.00                    100.00               100.00             No MI
WACO                          65,000.00                       65,000.00                    100.00               100.00             No MI
KARNACK                       89,900.00                       89,900.00                    100.00               100.00             No MI
HORIZON                       94,200.00                       94,200.00                    100.00               100.00             No MI
HOUSTON                      155,000.00                      155,000.00                    100.00               100.00             No MI
CEDAR PARK                   160,000.00                      160,000.00                     90.00                90.00             No MI
HOUSTON                      117,000.00                      117,000.00                    100.00               100.00             No MI
BAYTOWN                      129,000.00                      129,000.00                     84.13                84.13             No MI
CHANNELVIEW                  105,000.00                      105,000.00                     85.00                85.00             No MI
SAN ANTONIO                   72,080.00                       72,080.00                    100.00               100.00             No MI
MANOR                         96,000.00                       96,000.00                    100.00               100.00             No MI
FORT WORTH                   172,000.00                      172,000.00                     90.12                90.12             No MI
LEAGUE CITY                  320,000.00                      320,000.00                     81.27                81.27             No MI
SILSBEE                       73,600.00                       73,600.00                    100.00               100.00             No MI
SAN JUAN                      82,000.00                       82,000.00                    100.00               100.00             No MI
WILLIS                       163,000.00                      163,000.00                    100.00               100.00             No MI
HEMPSTEAD                    185,000.00                      185,000.00                    100.00               100.00             No MI
SAN ANTONIO                   80,000.00                       80,000.00                    100.00               100.00             No MI
HUMBLE                        72,000.00                       72,000.00                    100.00               100.00             No MI
HOUSTON                      126,000.00                      126,000.00                    100.00               100.00             No MI
HUMBLE                       101,000.00                      101,000.00                    100.00               100.00             No MI
RIO GRANDE CITY              102,000.00                      102,000.00                     95.00                95.00             No MI
LYTLE                        276,000.00                      276,000.00                     80.00                80.00             No MI
HOUSTON                      128,000.00                      128,000.00                    100.00               100.00             No MI
TOMBALL                      139,000.00                      139,000.00                    100.00               100.00             No MI
RICHMOND                     226,000.00                      226,000.00                     79.20                79.20             No MI
AUSTIN                       113,000.00                      113,000.00                    100.00               100.00             No MI
BROWNSVILLE                   83,000.00                       83,000.00                    100.00               100.00             No MI
HOUSTON                      106,000.00                      106,000.00                    100.00               100.00             No MI
CROSBY                       359,000.00                      359,000.00                    100.00               100.00             No MI
HOUSTON                      108,000.00                      108,000.00                    100.00               100.00             No MI
VICTORIA                     115,000.00                      115,000.00                    100.00               100.00             No MI
SAN ANTONIO                  155,000.00                      155,000.00                     85.00               100.00             No MI
SAN ANTONIO                  155,000.00                      155,000.00                    100.00               100.00             No MI
ROSENBERG                    168,000.00                      168,000.00                    100.00               100.00             No MI
BROWNSVILLE                  108,000.00                      108,000.00                    100.00               100.00             No MI
HOUSTON                      112,500.00                      112,500.00                    100.00               100.00             No MI
SAN JUAN                      94,000.00                       94,000.00                     99.57                99.57             No MI
NEW CANEY                    210,000.00                      210,000.00                    100.00               100.00             No MI
HOUSTON                       85,000.00                       85,000.00                    100.00               100.00             No MI
HOUSTON                      120,000.00                      120,000.00                    100.00               100.00             No MI
BAYTOWN                       67,000.00                       67,000.00                    100.00               100.00             No MI
BROWNSVILLE                  164,000.00                      164,000.00                     85.61                85.61             No MI
LA PORTE                      65,000.00                       65,000.00                    100.00               100.00             No MI
LEWISVILLE                   134,000.00                      134,000.00                    100.00               100.00             No MI
HORIZON                       96,500.00                       96,500.00                    100.00               100.00             No MI
HOUSTON                      140,000.00                      140,000.00                    100.00               100.00             No MI
HOUSTON                       70,000.00                       70,000.00                    100.00               100.00             No MI
VICTORIA                      80,000.00                       80,000.00                    100.00               100.00             No MI
HOUSTON                       75,000.00                       75,000.00                    100.00               100.00             No MI
HOUSTON                      200,000.00                      200,000.00                     95.00                95.00             No MI
MAGNOLIA                     153,000.00                      153,000.00                    100.00               100.00             No MI
AUSTIN                        61,000.00                       61,000.00                    100.00               100.00             No MI
HOUSTON                      145,000.00                      145,000.00                     90.00                90.00             No MI
AUSTIN                       265,000.00                      265,000.00                     80.00               100.00             No MI
AUSTIN                       265,000.00                      265,000.00                    100.00               100.00             No MI
SPRING                       205,000.00                      205,000.00                    100.00               100.00             No MI
HOUSTON                      155,000.00                      155,000.00                    100.00               100.00             No MI
SPRING                       266,900.00                      266,900.00                    100.00               100.00             No MI
HOUSTON                       93,000.00                       93,000.00                    100.00               100.00             No MI
CYPRESS                      129,000.00                      129,000.00                    100.00               100.00             No MI
HOUSTON                      128,000.00                      128,000.00                     83.10                97.76             No MI
HOUSTON                      128,000.00                      128,000.00                     97.76                97.76             No MI
SPRING                       148,000.00                      148,000.00                    100.00               100.00             No MI
HUMBLE                       138,000.00                      138,000.00                     80.00               100.00             No MI
HUMBLE                       138,000.00                      138,000.00                    100.00               100.00             No MI
EDINBURG                     131,300.00                      131,300.00                    100.00               100.00             No MI
HOUSTON                      107,000.00                      107,000.00                    100.00               100.00             No MI
BAYTOWN                      207,000.00                      207,000.00                     80.00               100.00             No MI
HOUSTON                      111,000.00                      111,000.00                    100.00               100.00             No MI
DONNA                         69,400.00                       69,400.00                    100.00               100.00             No MI
EDINBURG                     181,100.00                      181,100.00                     85.00               100.00             No MI
HOUSTON                      226,000.00                      226,000.00                     80.00               100.00             No MI
FRESNO                       117,000.00                      117,000.00                    100.00               100.00             No MI
SAN ANTONIO                   86,000.00                       86,000.00                     80.00                80.00             No MI
SAN ANTONIO                   90,000.00                       90,000.00                    100.00               100.00             No MI
HOPKINS                      130,500.00                      130,500.00                    100.00               100.00             No MI
BAYTOWN                      101,000.00                      101,000.00                    100.00               100.00             No MI
KATY                         110,000.00                      110,000.00                    100.00               100.00             No MI
PENITAS                      126,000.00                      126,000.00                     85.00               100.00             No MI
SEA BROOK                    439,000.00                      439,000.00                     80.00               100.00             No MI
PENITAS                      126,000.00                      126,000.00                    100.00               100.00             No MI
SAN ANTONIO                   93,000.00                       93,000.00                    100.00               100.00             No MI
PFLUGERVILLE                 268,000.00                      268,000.00                     80.00               100.00             No MI
PENITAS                       84,000.00                       84,000.00                     79.05                79.05             No MI
EDINBURG                     375,000.00                      375,000.00                     98.07                98.07             No MI
KINGWOOD                     111,000.00                      111,000.00                     80.00               100.00             No MI
SPRING                       142,000.00                      142,000.00                    100.00               100.00             No MI
HOUSTON                       99,000.00                       99,000.00                    100.00               100.00             No MI
VIDOR                        200,000.00                      200,000.00                     80.00               100.00             No MI
WINNIE                       100,000.00                      100,000.00                    100.00               100.00             No MI
GRANADA HILLS                650,000.00                      650,000.00                     85.00               100.00             No MI
LAKE ELSINORE                555,000.00                      555,000.00                     94.95                94.95             No MI
GRANADA HILLS                621,000.00                      621,000.00                    100.00               100.00             No MI
HESPERIA                     295,000.00                      295,000.00                    100.00               100.00             No MI
RESEDA AREA                  560,000.00                      560,000.00                    100.00               100.00             No MI
SUN VALLEY                   600,000.00                      600,000.00                    100.00               100.00             No MI
MORENO VALLEY                437,000.00                      437,000.00                    100.00               100.00             No MI
SOUTH GATE                   435,000.00                      435,000.00                     98.85                98.85             No MI
LOS ANGELES                  535,000.00                      535,000.00                     80.00               100.00             No MI
RIVERSIDE                    395,000.00                      395,000.00                    100.00               100.00             No MI
DESERT HOT SPRI              225,000.00                      225,000.00                     80.00                90.00             No MI
DESERT HOT SPRI              225,000.00                      225,000.00                     90.00                90.00             No MI
LA PUENTE                    542,000.00                      542,000.00                     95.00                95.00             No MI
COSTA MESA                   680,000.00                      680,000.00                     90.00               100.00             No MI
COSTA MESA                   680,000.00                      680,000.00                    100.00               100.00             No MI
LAS VEGAS                    305,000.00                      305,000.00                     90.00                90.00             No MI
SUGARLOAF                    215,000.00                      215,000.00                    100.00               100.00             No MI
REDLANDS                     374,000.00                      374,000.00                    100.00               100.00             No MI
SANTA ANA                    660,000.00                      660,000.00                    100.00               100.00             No MI
SAN BERNARDINO               305,000.00                      305,000.00                     90.00               100.00             No MI
HIGHLAND                     500,000.00                      500,000.00                     85.00                85.00             No MI
LOS ANGELES                  395,000.00                      395,000.00                     90.00                90.00             No MI
FONTANA                      362,000.00                      362,000.00                    100.00               100.00             No MI
SANTA CRUZ                 1,450,000.00                    1,450,000.00                     68.97                68.97             No MI
BAKERSFIELD                  270,000.00                      270,000.00                    100.00               100.00             No MI
FONTANA AREA                 415,000.00                      415,000.00                    100.00               100.00             No MI
EL MONTE                     330,000.00                      330,000.00                    100.00               100.00             No MI
WESTMINSTER                  670,000.00                      670,000.00                     85.00               100.00             No MI
FONTANA                      752,000.00                      752,000.00                     90.00                90.00             No MI
GARDEN GROVE                 460,000.00                      460,000.00                    100.00               100.00             No MI
MORENO VALLEY                375,000.00                      375,000.00                    100.00               100.00             No MI
LONG BEACH                   670,000.00                      670,000.00                    100.00               100.00             No MI
RIALTO                       340,000.00                      340,000.00                    100.00               100.00             No MI
NUEVO                        630,000.00                      630,000.00                     92.52                92.52             No MI
BAKERSFIELD                  163,000.00                      163,000.00                     30.67                30.67             No MI
LOS ANGELES                  700,000.00                      700,000.00                    100.00               100.00             No MI
PERRIS                       405,000.00                      405,000.00                     95.00                95.00             No MI
ONTARIO                      445,000.00                      445,000.00                     89.89                89.89             No MI
RIVERSIDE AREA               463,000.00                      463,000.00                     95.00                95.00             No MI
HESPERIA                     380,000.00                      380,000.00                    100.00               100.00             No MI
ANAHEIM                      635,000.00                      635,000.00                    100.00               100.00             No MI
SANTA ANA                    330,000.00                      330,000.00                     80.00               100.00             No MI
MONROVIA                     950,000.00                      950,000.00                     90.00                90.00             No MI
CORONA                       500,000.00                      500,000.00                     53.80                53.80             No MI
LOS ANGELES                  850,000.00                      850,000.00                     60.00                60.00             No MI
SANTA ROSA BEAC              360,000.00                      360,000.00                     85.00                85.00             No MI
LOS ANGELES                  656,000.00                      656,000.00                     80.00                95.00             No MI
DOWNEY                       680,000.00                      680,000.00                     68.38                68.38             No MI
RICHMOND                     400,000.00                      400,000.00                     80.00               100.00             No MI
SAN DIEGO                    390,000.00                      390,000.00                     80.00               100.00             No MI
SAN DIEGO                    570,000.00                      570,000.00                     80.00                80.00             No MI
TEMECULA                     378,000.00                      378,000.00                    100.00               100.00             No MI
CATHEDRAL CITY               240,000.00                      240,000.00                     68.33                68.33             No MI
HUNTINGTON BEAC              550,000.00                      550,000.00                     93.64                93.64             No MI
HIDDEN HILLS               2,723,500.00                    2,723,500.00                     24.78                24.78             No MI
ESCONDIDO                    650,000.00                      650,000.00                     78.46                78.46             No MI
DESERT HOT SPRI              295,000.00                      295,000.00                     85.00               100.00             No MI
HEBER                        300,000.00                      300,000.00                    100.00               100.00             No MI
CHULA VISTA                  475,000.00                      475,000.00                     74.74                74.74             No MI
BRAWLEY                      384,000.00                      384,000.00                     80.00               100.00             No MI
CONWAY                       172,000.00                      172,000.00                    100.00               100.00             No MI
ROCKFORD                     272,000.00                      272,000.00                     90.00                90.00             No MI
LOS ANGELES                  480,000.00                      480,000.00                    100.00               100.00             No MI
LOS ANGELES                  596,000.00                      596,000.00                     90.00               100.00             No MI
LOS ANGELES                  596,000.00                      596,000.00                    100.00               100.00             No MI
CHICAGO                      105,000.00                      105,000.00                    100.00               100.00             No MI
NORTHRIDGE AREA              560,000.00                      560,000.00                    100.00               100.00             No MI
SANTA ANA                    650,000.00                      650,000.00                    100.00               100.00             No MI
APPLE VALLEY AR              349,000.00                      349,000.00                    100.00               100.00             No MI
LAKEPORT                     810,000.00                      810,000.00                     80.00               100.00             No MI
SURPRISE                     340,000.00                      340,000.00                     93.79                93.79             No MI
BAKERSFIELD                  218,000.00                      218,000.00                    100.00               100.00             No MI
BLOOMINGTON ARE              520,000.00                      520,000.00                    100.00               100.00             No MI
ANAHEIM                      480,000.00                      480,000.00                    100.00               100.00             No MI
SAN DIEGO                    450,000.00                      450,000.00                    100.00               100.00             No MI
APPLE VALLEY                 325,000.00                      325,000.00                     95.00                95.00             No MI
OCEANSIDE                    584,000.00                      584,000.00                     80.00               100.00             No MI
YUBA CITY                    343,000.00                      343,000.00                    100.00               100.00             No MI
SUN CITY                     375,000.00                      375,000.00                     94.00                94.00             No MI
CARLSBAD                     416,000.00                      416,000.00                    100.00               100.00             No MI
SAN DIEGO                    302,500.00                      302,500.00                     85.00               100.00             No MI
SAN YSIDRO                   275,000.00                      275,000.00                    100.00               100.00             No MI
MURRIETA                     465,000.00                      465,000.00                    100.00               100.00             No MI
SAN DIEGO                    450,000.00                      450,000.00                     80.00                80.00             No MI
EL CAJON                     465,000.00                      465,000.00                     80.00               100.00             No MI
EL CAJON                     465,000.00                      465,000.00                    100.00               100.00             No MI
SAN DIEGO                    642,000.00                      642,000.00                     80.00               100.00             No MI
SAN DIEGO                    499,000.00                      499,000.00                     89.48                89.48             No MI
SHASTA LAKE                  230,000.00                      230,000.00                     62.89                98.44             No MI
PALM DESERT                  850,000.00                      850,000.00                     80.00                80.00             No MI
OCEANSIDE                    685,000.00                      685,000.00                    100.00               100.00             No MI
YUCAIPA                      975,000.00                      975,000.00                     73.08                73.08             No MI
ORANGEVALE                   285,000.00                      285,000.00                    100.00               100.00             No MI
OLIVEHURST                   232,000.00                      232,000.00                    100.00               100.00             No MI
RANCHO MURIETA               790,000.00                      790,000.00                     90.00               100.00             No MI
SAN DIEGO                    437,000.00                      437,000.00                    100.00               100.00             No MI
MURRIETA                     410,000.00                      410,000.00                     95.00                95.00             No MI
HEBER                        377,000.00                      377,000.00                     90.00                90.00             No MI
ORANGE                       554,000.00                      554,000.00                     90.00                90.00             No MI
SAN DIEGO                    720,000.00                      720,000.00                     77.57                99.97             No MI
VIRGINIA CITY H              550,000.00                      550,000.00                     85.00                85.00             No MI
RANCHO MIRAGE                700,000.00                      700,000.00                     90.00               100.00             No MI
SAN JACINTO                  370,000.00                      370,000.00                     90.00                90.00             No MI
THOUSAND OAKS                725,000.00                      725,000.00                     98.62                98.62             No MI
NORTH HIGHLANDS              247,000.00                      247,000.00                     90.00                90.00             No MI
SAN DIEGO                    700,000.00                      700,000.00                     80.00                99.43             No MI
HEBER                        415,000.00                      415,000.00                     80.00                80.00             No MI
SAN DIEGO                    601,000.00                      601,000.00                     80.00               100.00             No MI
SAN LORENZO                  535,000.00                      535,000.00                    100.00               100.00             No MI
COUPEVILLE                   725,000.00                      725,000.00                     73.66                73.66             No MI
LA QUINTA                    750,000.00                      750,000.00                     76.00                76.00             No MI
BENICIA                      575,000.00                      575,000.00                    100.00               100.00             No MI
SACRAMENTO                   311,900.00                      311,900.00                    100.00               100.00             No MI
SAN DIEGO                    652,000.00                      652,000.00                     80.00               100.00             No MI
SOLANA BEACH                 900,000.00                      900,000.00                     83.33                83.33             No MI
HEMET                        385,000.00                      385,000.00                     90.00                90.00             No MI
ALISO VIEJO                  550,000.00                      550,000.00                     80.00                80.00             No MI
MENIFEE                      634,000.00                      634,000.00                     85.00               100.00             No MI
MENIFEE                      634,000.00                      634,000.00                    100.00               100.00             No MI
INDIO                        500,000.00                      500,000.00                     64.00                64.00             No MI
SALINAS                    1,175,000.00                    1,175,000.00                     76.60                76.60             No MI
CHULA VISTA                  730,000.00                      730,000.00                     90.00                90.00             No MI
BERKELEY                     270,000.00                      270,000.00                     85.00                85.00             No MI
3443 MADISON AV              765,000.00                      765,000.00                     80.00                95.00             No MI
SACRAMENTO                   515,000.00                      515,000.00                     79.61                79.61             No MI
SAN JOSE                     710,000.00                      710,000.00                     90.00                90.00             No MI
IMPERIAL BEACH               535,000.00                      535,000.00                     42.39                42.39             No MI
RIVERSIDE                    665,000.00                      665,000.00                     87.22                87.22             No MI
SAN JOSE                     710,000.00                      710,000.00                     80.00               100.00             No MI
SALIDA                       440,000.00                      440,000.00                     83.86                83.86             No MI
SAN DIEGO                    315,000.00                      315,000.00                     80.00               100.00             No MI
OAKDALE                      316,000.00                      316,000.00                     80.00               100.00             No MI
MATHER                       610,000.00                      610,000.00                     79.34                79.34             No MI
SACRAMENTO                   435,000.00                      435,000.00                     80.00               100.00             No MI
LINCOLN                      317,000.00                      317,000.00                     80.00               100.00             No MI
SOLANA BEACH                 880,000.00                      880,000.00                     80.00                80.00             No MI
STOCKTON                     367,000.00                      367,000.00                    100.00               100.00             No MI
SAN DIEGO                    640,000.00                      640,000.00                     95.00                95.00             No MI
SAN JOSE                     630,000.00                      630,000.00                    100.00               100.00             No MI
CHULA VISTA                  360,000.00                      360,000.00                     80.00               100.00             No MI
CHULA VISTA                  360,000.00                      360,000.00                    100.00               100.00             No MI
SAN JOSE                     750,000.00                      750,000.00                     80.00               100.00             No MI
SAN JOSE                     755,000.00                      755,000.00                    100.00               100.00             No MI
ANTIOCH                      830,000.00                      830,000.00                     85.00               100.00             No MI
HEBER                        340,000.00                      340,000.00                    100.00               100.00             No MI
LAKESIDE                     685,000.00                      685,000.00                     86.13                86.13             No MI
SIMI VALLEY                  696,000.00                      696,000.00                     50.29                50.29             No MI
HOFFMAN ESTATES              165,000.00                      165,000.00                    100.00               100.00             No MI
DETROIT                      115,000.00                      115,000.00                    100.00               100.00             No MI
MENAHGA                      185,000.00                      185,000.00                     85.00                85.00             No MI
DEKALB                       156,000.00                      156,000.00                     80.00                80.00             No MI
LOCKPORT                     218,000.00                      218,000.00                     85.00                97.25             No MI
OSWEGO                       160,000.00                      160,000.00                     85.00               100.00             No MI
HOUSTON                      101,000.00                      101,000.00                    100.00               100.00             No MI
GALVA                        230,000.00                      230,000.00                    100.00               100.00             No MI
IOLA                          84,000.00                       84,000.00                    100.00               100.00             No MI
COLLEGE STATION              131,750.00                      131,750.00                    100.00               100.00             No MI
STANTON                      465,000.00                      465,000.00                    100.00               100.00             No MI
DIAMOND BAR                  705,000.00                      705,000.00                     99.86                99.86             No MI
LAGUNA NIGUEL                390,000.00                      390,000.00                     90.00                90.00             No MI
MORENO VALLEY                440,000.00                      440,000.00                    100.00               100.00             No MI
ANAHEIM                      600,000.00                      600,000.00                     85.00               100.00             No MI
ONTARIO                      520,000.00                      520,000.00                     80.00               100.00             No MI
PERRIS                       370,000.00                      370,000.00                     80.00               100.00             No MI
INGLEWOOD                    358,000.00                      358,000.00                     80.00               100.00             No MI
INGLEWOOD                    358,000.00                      358,000.00                    100.00               100.00             No MI
FONTANA                      381,000.00                      381,000.00                     80.00               100.00             No MI
CORONA                       610,000.00                      610,000.00                     90.00                90.00             No MI
CORONA                       560,000.00                      560,000.00                     90.00                90.00             No MI
CASTAIC                      515,000.00                      515,000.00                    100.00               100.00             No MI
RIALTO                       400,000.00                      400,000.00                     43.75                43.75             No MI
EL CAJON                     452,000.00                      452,000.00                    100.00               100.00             No MI
LA HABRA                     590,000.00                      590,000.00                     73.39                73.39             No MI
NORTH HOLLYWOOD              610,000.00                      610,000.00                     80.00                80.00             No MI
PACOIMA                      525,000.00                      525,000.00                     80.00               100.00             No MI
PACOIMA                      540,000.00                      540,000.00                    100.00               100.00             No MI
SAN BERNARDINO               315,000.00                      315,000.00                     80.00               100.00             No MI
CORONA                       350,000.00                      350,000.00                    100.00               100.00             No MI
LAKE ELSINORE                470,000.00                      470,000.00                    100.00               100.00             No MI
BALTIMORE                    265,000.00                      265,000.00                    100.00               100.00             No MI
AURORA                       117,000.00                      117,000.00                    100.00               100.00             No MI
AURORA                       271,000.00                      271,000.00                    100.00               100.00             No MI
DENVER                       223,000.00                      223,000.00                    100.00               100.00             No MI
MONUMENT                     254,000.00                      254,000.00                     78.74                98.43             No MI
AURORA                       120,000.00                      120,000.00                    100.00               100.00             No MI
FARMINGTON                   217,000.00                      217,000.00                    100.00               100.00             No MI
STERLING                     144,600.00                      144,600.00                     94.20                94.20             No MI
DENVER                       105,000.00                      105,000.00                    100.00               100.00             No MI
COLORADO SPRING              179,000.00                      179,000.00                    100.00               100.00             No MI
AURORA                       120,000.00                      120,000.00                    100.00               100.00             No MI
CENTENNIAL                   242,000.00                      242,000.00                     85.00               100.00             No MI
DENVER                       175,000.00                      175,000.00                     90.00                90.00             No MI
DENVER                       157,000.00                      157,000.00                     90.00                90.00             No MI
DENVER                       233,000.00                      233,000.00                     88.84                88.84             No MI
WESTMINSTER                  213,000.00                      213,000.00                    100.00               100.00             No MI
CARBONDALE                   355,000.00                      355,000.00                     85.00               100.00             No MI
CASTLE ROCK                  230,000.00                      230,000.00                     85.00               100.00             No MI
CASTLE ROCK                  230,000.00                      230,000.00                    100.00               100.00             No MI
DENVER                       173,000.00                      173,000.00                    100.00               100.00             No MI
GREENWOOD VILLA              568,000.00                      568,000.00                     90.00                90.00             No MI
DENVER                       210,000.00                      210,000.00                     85.00               100.00             No MI
DENVER                       210,000.00                      210,000.00                    100.00               100.00             No MI
WESTMINSTER                  242,000.00                      242,000.00                    100.00               100.00             No MI
THORNTON                     170,000.00                      170,000.00                    100.00               100.00             No MI
GREELEY                      188,000.00                      188,000.00                     96.28                96.28             No MI
LITTLETON                    425,000.00                      425,000.00                     80.00                80.00             No MI
FORT LUPTON                  147,500.00                      147,500.00                    100.00               100.00             No MI
ENGLEWOOD                    200,000.00                      200,000.00                    100.00               100.00             No MI
DENVER                       135,000.00                      135,000.00                    100.00               100.00             No MI
GREELEY                      178,000.00                      178,000.00                    100.00               100.00             No MI
ALAMOSA                      130,500.00                      130,500.00                     80.00               100.00             No MI
ALAMOSA                      130,500.00                      130,500.00                    100.00               100.00             No MI
CHEYENNE                     137,000.00                      137,000.00                    100.00               100.00             No MI
CASTLE ROCK                  395,000.00                      395,000.00                     85.00                97.32             No MI
CARBONDALE                   399,000.00                      399,000.00                     90.00                90.00             No MI
DENVER                       180,000.00                      180,000.00                    100.00               100.00             No MI
LAS VEGAS                    295,000.00                      295,000.00                     90.00                90.00             No MI
GLENROCK                     143,000.00                      143,000.00                    100.00               100.00             No MI
EVANS                        145,000.00                      145,000.00                    100.00               100.00             No MI
PLAIN CITY                   362,000.00                      362,000.00                     85.00               100.00             No MI
COMMERCE CITY                175,000.00                      175,000.00                     85.00               100.00             No MI
AURORA                       330,000.00                      330,000.00                     90.00                90.00             No MI
PROVO                        110,000.00                      110,000.00                     79.09                79.09             No MI
BRIGHTON                     355,000.00                      355,000.00                     85.00               100.00             No MI
AURORA                       165,000.00                      165,000.00                    100.00               100.00             No MI
LONGMONT                     160,000.00                      160,000.00                    100.00               100.00             No MI
LITTLETON                    560,000.00                      560,000.00                     88.93                88.93             No MI
COLORADO SPRING              161,000.00                      161,000.00                     83.73                83.73             No MI
COMMERCE CITY                110,000.00                      110,000.00                     80.00                90.00             No MI
COMMERCE CITY                110,000.00                      110,000.00                     90.00                90.00             No MI
AURORA                       155,000.00                      155,000.00                     85.00               100.00             No MI
DENVER                       342,000.00                      342,000.00                     80.00               100.00             No MI
COLORADO SPRING              188,000.00                      188,000.00                    100.00               100.00             No MI
THORNTON                     159,000.00                      159,000.00                    100.00               100.00             No MI
COLORADO SPRING              225,000.00                      225,000.00                     90.00                90.00             No MI
AURORA                       195,000.00                      195,000.00                    100.00               100.00             No MI
WESTMINSTER                  288,000.00                      288,000.00                     95.00                95.00             No MI
DENVER                       900,000.00                      900,000.00                     80.00               100.00             No MI
DENVER                       345,000.00                      345,000.00                     84.06                84.06             No MI
NORTH LAS VEGAS              328,000.00                      328,000.00                     85.00               100.00             No MI
DENVER                       240,000.00                      240,000.00                     80.00                80.00             No MI
THORNTON                     380,000.00                      380,000.00                    100.00               100.00             No MI
SANDY                        260,000.00                      260,000.00                     85.00                85.00             No MI
CASPER                       148,000.00                      148,000.00                    100.00               100.00             No MI
COMMERCE CITY                167,000.00                      167,000.00                     95.00                95.00             No MI
TOOELE                       199,500.00                      199,500.00                     90.00                90.00             No MI
AMERICAN FORK                480,000.00                      480,000.00                    100.00               100.00             No MI
HAYDEN                       197,000.00                      197,000.00                    100.00               100.00             No MI
WOODLAND PARK                340,000.00                      340,000.00                     70.00                70.00             No MI
COLORADO SPRING              840,000.00                      840,000.00                    100.00               100.00             No MI
BRIGHTON                     328,700.00                      328,700.00                     80.00               100.00             No MI
CHEYENNE                      90,000.00                       90,000.00                    100.00               100.00             No MI
DENVER                       116,000.00                      116,000.00                    100.00               100.00             No MI
LONGMONT                     390,000.00                      390,000.00                     80.00               100.00             No MI
COLORADO SPRING              750,000.00                      750,000.00                    100.00               100.00             No MI
JOHNSTOWN                    313,000.00                      313,000.00                    100.00               100.00             No MI
CAPE CORAL                   519,000.00                      519,000.00                     80.00               100.00             No MI
COMMERCE CITY                197,000.00                      197,000.00                     80.00               100.00             No MI
YORBA LINDA                  925,000.00                      925,000.00                     90.00               100.00             No MI
LAKEVILLE                    305,000.00                      305,000.00                     95.00                95.00             No MI
WESTMINSTER                  430,000.00                      430,000.00                     61.88                61.88             No MI
NORFOLK                      198,000.00                      198,000.00                     90.00                90.00             No MI
CHANNAHON                    425,000.00                      425,000.00                     80.00               100.00             No MI
RED LION                      84,500.00                       84,500.00                    100.00               100.00             No MI
MINNEAPOLIS                  141,000.00                      141,000.00                    100.00               100.00             No MI
DETROIT                       75,000.00                       75,000.00                     90.00                90.00             No MI
URBANA                        76,000.00                       76,000.00                    100.00               100.00             No MI
ALEDO                        128,500.00                      128,500.00                    100.00               100.00             No MI
DETROIT                      115,000.00                      115,000.00                     85.00               100.00             No MI
HAMMOND                       95,000.00                       95,000.00                    100.00               100.00             No MI
ADRIAN                        78,000.00                       78,000.00                    100.00               100.00             No MI
OAK FOREST                   227,000.00                      227,000.00                    100.00               100.00             No MI
FORT BRANCH                   79,000.00                       79,000.00                    100.00               100.00             No MI
HOPKINSVILLE                 100,000.00                      100,000.00                    100.00               100.00             No MI
CHICAGO                      315,000.00                      315,000.00                     80.00                80.00             No MI
DOLTON                       125,000.00                      125,000.00                    100.00               100.00             No MI
HENDERSON                     54,000.00                       54,000.00                    100.00               100.00             No MI
RIVERSIDE                    545,000.00                      545,000.00                     80.00               100.00             No MI
PACOIMA                      510,000.00                      510,000.00                     80.00               100.00             No MI
FONTANA                      420,000.00                      420,000.00                     80.00               100.00             No MI
BANNING                      265,000.00                      265,000.00                     80.00               100.00             No MI
BANNING                      265,000.00                      265,000.00                    100.00               100.00             No MI
ADELANTO                     315,000.00                      315,000.00                    100.00               100.00             No MI
ANAHEIM                      635,000.00                      635,000.00                    100.00               100.00             No MI
CORONA                       825,000.00                      825,000.00                     80.00               100.00             No MI
COMPTON                      340,000.00                      340,000.00                     85.00               100.00             No MI
HELENDALE AREA               580,000.00                      580,000.00                     80.00               100.00             No MI
HESPERIA                     325,000.00                      325,000.00                     80.00               100.00             No MI
ANAHEIM                      655,000.00                      655,000.00                     89.62                89.62             No MI
(SAUGUS AREA) L              675,000.00                      675,000.00                    100.00               100.00             No MI
ANAHEIM                      785,000.00                      785,000.00                     90.00                90.00             No MI
ELMWOOD                      520,000.00                      520,000.00                     80.00                80.00             No MI
PERRIS                       495,000.00                      495,000.00                     80.00               100.00             No MI
LOS ANGELES                  520,000.00                      520,000.00                     80.00               100.00             No MI
RIALTO                       300,000.00                      300,000.00                    100.00               100.00             No MI
ORANGE (CITY)                645,000.00                      645,000.00                     80.00               100.00             No MI
SANTA ANA                    335,000.00                      335,000.00                     85.00               100.00             No MI
ORANGE                       575,000.00                      575,000.00                     80.00               100.00             No MI
AURORA                       315,000.00                      315,000.00                     80.00               100.00             No MI
FONTANA AREA                 445,000.00                      445,000.00                    100.00               100.00             No MI
WINNETKA AREA                585,000.00                      585,000.00                     80.00               100.00             No MI
BELLFLOWER                   610,000.00                      610,000.00                     80.00               100.00             No MI
POMONA                       356,000.00                      356,000.00                     80.00               100.00             No MI
MURRIETA                     540,000.00                      540,000.00                     80.00               100.00             No MI
LAKE FOREST                  740,000.00                      740,000.00                     90.00                90.00             No MI
WEST COVINA                  667,000.00                      667,000.00                     80.00               100.00             No MI
FONTANA                      370,000.00                      370,000.00                     80.00               100.00             No MI
PARAMOUNT                    375,000.00                      375,000.00                     80.00               100.00             No MI
ANTIOCH                      900,000.00                      900,000.00                     90.00                90.00             No MI
SANTA ANA                    700,000.00                      700,000.00                     80.00               100.00             No MI
WESTMINSTER                  610,000.00                      610,000.00                     54.59                54.59             No MI
SUISUN CITY                  435,000.00                      435,000.00                     95.00                95.00             No MI
FONTANA                      651,000.00                      651,000.00                     80.00               100.00             No MI
HEMET                        510,000.00                      510,000.00                     90.00                90.00             No MI
LINDEN                       490,000.00                      490,000.00                     85.00                85.00             No MI
LOS ANGELES                  607,000.00                      607,000.00                     80.00               100.00             No MI
LADERA RANCH AR              925,000.00                      925,000.00                     80.00               100.00             No MI
RIVERSIDE                    390,000.00                      390,000.00                     80.00               100.00             No MI
ANAHEIM                      460,000.00                      460,000.00                     85.00               100.00             No MI
MORENO VALLEY                400,000.00                      400,000.00                     95.00                95.00             No MI
MORENO VALLEY                330,000.00                      330,000.00                     75.00                75.00             No MI
OAKLAND                      545,000.00                      545,000.00                    100.00               100.00             No MI
ORANGE                       765,000.00                      765,000.00                     85.00               100.00             No MI
HIGHLAND AREA                387,000.00                      387,000.00                     80.00                95.00             No MI
SANTA ANA                    825,000.00                      825,000.00                     80.00               100.00             No MI
BAKERSFIELD                  365,000.00                      365,000.00                     85.00               100.00             No MI
GRAND TERRACE                375,000.00                      375,000.00                    100.00               100.00             No MI
SANTA ANA                    575,000.00                      575,000.00                     85.00               100.00             No MI
RIALTO                       475,000.00                      475,000.00                     80.00               100.00             No MI
SAN BERNARDINO               295,000.00                      295,000.00                     85.00               100.00             No MI
GARDEN GROVE                 440,000.00                      440,000.00                     83.52                83.52             No MI
GARDENA                      550,000.00                      550,000.00                     54.55                54.55             No MI
SANTA ANA                    630,000.00                      630,000.00                     76.30                76.30             No MI
SANTA ANA                    630,000.00                      630,000.00                     93.25                93.25             No MI
LOS ANGELES                  460,000.00                      460,000.00                     54.78                54.78             No MI
NORWALK                      545,000.00                      545,000.00                     85.00               100.00             No MI
BEAUMONT                     500,000.00                      500,000.00                    100.00               100.00             No MI
SOUTH GATE                   612,000.00                      612,000.00                    100.00               100.00             No MI
SANTA ANA                    625,000.00                      625,000.00                     55.00                55.00             No MI
SANTA ANA                    305,000.00                      305,000.00                     80.00               100.00             No MI
RIALTO                       355,000.00                      355,000.00                    100.00               100.00             No MI
RIVERSIDE                    415,000.00                      415,000.00                    100.00               100.00             No MI
PERRIS                       680,000.00                      680,000.00                     79.41                79.41             No MI
ANAHEIM                      825,000.00                      825,000.00                     87.88               100.00             No MI
SANTA CLARITA                620,000.00                      620,000.00                     85.00               100.00             No MI
SAN FERNANDO                 504,000.00                      504,000.00                     80.00               100.00             No MI
ANAHEIM                      564,000.00                      564,000.00                     85.00               100.00             No MI
SARATOGA SPRING              359,000.00                      359,000.00                     80.00               100.00             No MI
CHICAGO                      225,000.00                      225,000.00                    100.00               100.00             No MI
HOUSTON                      124,000.00                      124,000.00                    100.00               100.00             No MI
SAN ANTONIO                   79,500.00                       79,500.00                    100.00               100.00             No MI
HOUSTON                      147,500.00                      147,500.00                    100.00               100.00             No MI
CROSBY                       139,000.00                      139,000.00                    100.00               100.00             No MI
HOUSTON                      150,000.00                      150,000.00                    100.00               100.00             No MI
HUTTO                        185,000.00                      185,000.00                    100.00               100.00             No MI
HI HAT                        83,000.00                       83,000.00                    100.00               100.00             No MI
WYLIE                        473,000.00                      473,000.00                     80.00                80.00             No MI
MURFREESBORO                 167,000.00                      167,000.00                     95.00                95.00             No MI
BLUE RIDGE                    80,000.00                       80,000.00                     80.00                80.00             No MI
LARGO                        148,050.00                      148,050.00                    100.00               100.00             No MI
KINGMAN                      120,000.00                      120,000.00                    100.00               100.00             No MI
WAMEGO                       225,000.00                      225,000.00                     95.00                95.00             No MI
KANSAS CITY                   96,000.00                       96,000.00                    100.00               100.00             No MI
LEES SUMMIT                  675,000.00                      675,000.00                    100.00               100.00             No MI
HESPERIA                     199,000.00                      199,000.00                     85.00                95.00             No MI
TOWNSEND                     260,000.00                      260,000.00                     80.00                80.00             No MI
YUBA CITY                    291,000.00                      291,000.00                    100.00               100.00             No MI

CITY1                           MTG_INS        MI_PCT        MI_CERT1              CURRENT_GROSS_COUPON   SERV_FEE          MSERV
---------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                       NO MI            0                                             10.5        0.5              0
BIG BEAR CITY                    NO MI            0                                             11.1        0.5              0
JAMUL                            NO MI            0                                             6.75        0.5              0
JAMUL                            NO MI            0                                             9.75        0.5              0
HENDERSON                        NO MI            0                                             8.25        0.5              0
BALDWIN PARK                     NO MI            0                                             7.99        0.5              0
BONIFAY                          NO MI            0                                            8.375        0.5              0
AVENUE BLOOMING                  NO MI            0                                             7.25        0.5              0
AVENUE BLOOMING                  NO MI            0                                             11.4        0.5              0
STANTON                          NO MI            0                                              6.9        0.5              0
RIVERSIDE AREA                   NO MI            0                                              7.9        0.5              0
APPLE VALLEY                     NO MI            0                                             8.85        0.5              0
CANYON COUNTRY                   NO MI            0                                             6.99        0.5              0
LAKE ELSINORE                    NO MI            0                                             7.35        0.5              0
LAKE ELSINORE                    NO MI            0                                            11.15        0.5              0
LOMITA                           NO MI            0                                             7.75        0.5              0
LOS ANGELES                      NO MI            0                                              9.9        0.5              0
RAWLINS                          NO MI            0                                              9.8        0.5              0
AURORA                           NO MI            0                                             7.99        0.5              0
CHULA VISTA                      NO MI            0                                             6.45        0.5              0
SOUTH PLAINFIEL                  NO MI            0                                            8.875        0.5              0
OAKLEY                           NO MI            0                                             6.39        0.5              0
SAN DIEGO                        NO MI            0                                             7.25        0.5              0
SAN DIEGO                        NO MI            0                                             10.8        0.5              0
SAN MARCOS                       NO MI            0                                              6.5        0.5              0
SAN MARCOS                       NO MI            0                                             10.1        0.5              0
TEMECULA                         NO MI            0                                            7.125        0.5              0
TEMECULA                         NO MI            0                                             10.4        0.5              0
SAN DIEGO                        NO MI            0                                              6.8        0.5              0
HIGLEY                           NO MI            0                                              5.9        0.5              0
BIG BEAR CITY                    NO MI            0                                             7.25        0.5              0
SALINAS                          NO MI            0                                              6.5        0.5              0
SALINAS                          NO MI            0                                            10.95        0.5              0
MURRIETA                         NO MI            0                                             6.75        0.5              0
MENIFEE                          NO MI            0                                             6.75        0.5              0
ALTON                            NO MI            0                                              9.9        0.5              0
CLIFTON                          NO MI            0                                             8.24        0.5              0
EL SOBRANTE                      NO MI            0                                             10.4        0.5              0
KELLER                           NO MI            0                                             8.99        0.5              0
LANCASTER                        NO MI            0                                             6.99        0.5              0
PALMDALE                         NO MI            0                                             8.75        0.5              0
EVERETT                          NO MI            0                                             10.2        0.5              0
RESEDA                           NO MI            0                                             6.25        0.5              0
SCOTTSDALE                       NO MI            0                                             6.75        0.5              0
EL SOBRANTE                      NO MI            0                                              7.5        0.5              0
EAST ORANGE                      NO MI            0                                             9.45        0.5              0
FRISCO                           NO MI            0                                             6.85        0.5              0
COSTA MESA                       NO MI            0                                             8.75        0.5              0
PUYALLUP                         NO MI            0                                            10.75        0.5              0
COLLIERVILLE                     NO MI            0                                                9        0.5              0
FORT WORTH                       NO MI            0                                             7.99        0.5              0
SAINT LOUIS                      NO MI            0                                             6.95        0.5              0
SEATTLE                          NO MI            0                                             7.35        0.5              0
SEATTLE                          NO MI            0                                             9.75        0.5              0
KANSAS CITY                      NO MI            0                                              7.4        0.5              0
LOVES PARK                       NO MI            0                                              8.9        0.5              0
COEUR D ALENE                    NO MI            0                                              7.7        0.5              0
SEATAC                           NO MI            0                                             6.99        0.5              0
LOS ANGELES                      NO MI            0                                            10.75        0.5              0
LOS ANGELES                      NO MI            0                                             6.49        0.5              0
BATESVILLE                       NO MI            0                                             8.75        0.5              0
DELRAY BEACH                     NO MI            0                                              7.2        0.5              0
CITY OF UPLAND                   NO MI            0                                              7.3        0.5              0
SAINT LOUIS                      NO MI            0                                            11.75        0.5              0
FORT SMITH                       NO MI            0                                             9.95        0.5              0
LOS ANGELES                      NO MI            0                                              8.5        0.5              0
FONTANA                          NO MI            0                                             5.95        0.5              0
LAMAR                            NO MI            0                                             8.55        0.5              0
OXON HILL                        NO MI            0                                             6.99        0.5              0
FAIRHAVEN                        NO MI            0                                               11        0.5              0
HYANNIS                          NO MI            0                                            7.175        0.5              0
FORT WORTH                       NO MI            0                                              9.5        0.5              0
HUNTINGTON PARK                  NO MI            0                                            11.25        0.5              0
CAPE GIRARDEAU                   NO MI            0                                               10        0.5              0
WYOMING                          NO MI            0                                               10        0.5              0
BALTIMORE                        NO MI            0                                              9.1        0.5              0
BURBANK                          NO MI            0                                            10.75        0.5              0
SPOKANE                          NO MI            0                                            9.365        0.5              0
CLOVIS                           NO MI            0                                             6.55        0.5              0
SPRING VALLEY                    NO MI            0                                             6.85        0.5              0
MURRIETA                         NO MI            0                                             9.65        0.5              0
FLOSSMOOR                        NO MI            0                                             6.75        0.5              0
BELVIDERE                        NO MI            0                                             7.99        0.5              0
PFLUGERVILLE                     NO MI            0                                                9        0.5              0
GALENA PARK                      NO MI            0                                                9        0.5              0
COLUMBIA                         NO MI            0                                             8.65        0.5              0
CHICAGO                          NO MI            0                                             11.5        0.5              0
WEST LINN                        NO MI            0                                                7        0.5              0
TOMBALL                          NO MI            0                                                9        0.5              0
WEST VALLEY CIT                  NO MI            0                                             10.5        0.5              0
HOUSTON                          NO MI            0                                              8.8        0.5              0
LONG BEACH                       NO MI            0                                             6.95        0.5              0
KISSIMMEE                        NO MI            0                                             8.99        0.5              0
KATY                             NO MI            0                                              8.7        0.5              0
TAMPA                            NO MI            0                                             6.95        0.5              0
YOUNGSTOWN                       NO MI            0                                              9.4        0.5              0
PALO                             NO MI            0                                             9.45        0.5              0
LYNN                             NO MI            0                                             6.85        0.5              0
TURRELL                          NO MI            0                                             7.35        0.5              0
PEMBROKE PINES                   NO MI            0                                              8.6        0.5              0
LITTLETON                        NO MI            0                                             11.5        0.5              0
FORT VALLEY                      NO MI            0                                              8.8        0.5              0
SAN BERNARDINO                   NO MI            0                                             11.6        0.5              0
PHENIX                           NO MI            0                                             9.25        0.5              0
OAK PARK                         NO MI            0                                            11.75        0.5              0
KANSAS CITY                      NO MI            0                                             9.55        0.5              0
LONG BEACH                       NO MI            0                                            7.125        0.5              0
WICHITA                          NO MI            0                                              9.9        0.5              0
CORONA                           NO MI            0                                             8.65        0.5              0
PUTNAM CT 06260                  NO MI            0                                             8.15        0.5              0
WHITTIER AREA                    NO MI            0                                             6.85        0.5              0
QUARTZ HILL ARE                  NO MI            0                                             11.5        0.5              0
KANSAS CITY                      NO MI            0                                             9.79        0.5              0
SAN JUAN                         NO MI            0                                             9.85        0.5              0
NEWTON                           NO MI            0                                              9.5        0.5              0
MAQUOKETA                        NO MI            0                                              8.7        0.5              0
PRAIRIE CITY                     NO MI            0                                              6.9        0.5              0
KANSAS CITY                      NO MI            0                                              8.7        0.5              0
EAGLE MOUNTAIN                   NO MI            0                                            11.75        0.5              0
YORBA LINDA                      NO MI            0                                            11.75        0.5              0
INGLEWOOD                        NO MI            0                                            8.625        0.5              0
MINDEN                           NO MI            0                                              7.5        0.5              0
HOUSTON                          NO MI            0                                             7.05        0.5              0
IOLA                             NO MI            0                                             6.45        0.5              0
KANSAS CITY                      NO MI            0                                             8.75        0.5              0
SAINT LOUIS                      NO MI            0                                              9.2        0.5              0
HOUSTON                          NO MI            0                                             8.75        0.5              0
CHICAGO                          NO MI            0                                             8.25        0.5              0
FORT WORTH                       NO MI            0                                           10.375        0.5              0
FLORISSANT                       NO MI            0                                              8.7        0.5              0
KANSAS CITY                      NO MI            0                                              9.5        0.5              0
ISSAQUAH                         NO MI            0                                              6.7        0.5              0
FRESNO                           NO MI            0                                             11.6        0.5              0
REDMOND                          NO MI            0                                             9.15        0.5              0
CHICAGO                          NO MI            0                                            10.25        0.5              0
COSTA MESA                       NO MI            0                                             6.99        0.5              0
TEMPE                            NO MI            0                                             7.65        0.5              0
CARROLLTON                       NO MI            0                                              6.9        0.5              0
HOUSTON                          NO MI            0                                              8.5        0.5              0
UNIC AREA OF LA                  NO MI            0                                             9.99        0.5              0
KANSAS CITY                      NO MI            0                                              9.3        0.5              0
SAINT LOUIS                      NO MI            0                                              8.5        0.5              0
OMAHA                            NO MI            0                                             9.85        0.5              0
DAVENPORT                        NO MI            0                                             7.85        0.5              0
DAVENPORT                        NO MI            0                                             7.85        0.5              0
LEAVENWORTH                      NO MI            0                                              9.6        0.5              0
SPANAWAY                         NO MI            0                                             8.25        0.5              0
PORT ORCHARD                     NO MI            0                                            6.799        0.5              0
POST FALLS                       NO MI            0                                              8.1        0.5              0
POST FALLS                       NO MI            0                                             10.9        0.5              0
IONA                             NO MI            0                                              7.5        0.5              0
POULSBO                          NO MI            0                                            6.855        0.5              0
BELLINGHAM                       NO MI            0                                              9.5        0.5              0
SPANAWAY                         NO MI            0                                              7.3        0.5              0
GERVAIS                          NO MI            0                                             9.29        0.5              0
HARRISBURG                       NO MI            0                                              7.3        0.5              0
HARRISBURG                       NO MI            0                                            11.15        0.5              0
TACOMA                           NO MI            0                                             8.45        0.5              0
VANCOUVER                        NO MI            0                                              6.8        0.5              0
NORTH LAS VEGAS                  NO MI            0                                              7.3        0.5              0
NORTH LAS VEGAS                  NO MI            0                                            11.25        0.5              0
BURLINGTON                       NO MI            0                                              6.5        0.5              0
PORT ORCHARD                     NO MI            0                                             7.95        0.5              0
ONTARIO                          NO MI            0                                             8.55        0.5              0
APPLE VALLEY                     NO MI            0                                             7.75        0.5              0
120-120 1/2 41S                  NO MI            0                                             9.99        0.5              0
NORWALK                          NO MI            0                                             7.95        0.5              0
NORWALK                          NO MI            0                                             11.5        0.5              0
CARSON                           NO MI            0                                             7.55        0.5              0
120-120 1/2 41S                  NO MI            0                                             10.4        0.5              0
LONG BEACH                       NO MI            0                                             6.55        0.5              0
WINNETKA                         NO MI            0                                             7.75        0.5              0
WINNETKA                         NO MI            0                                            11.25        0.5              0
RIVERSIDE                        NO MI            0                                            11.25        0.5              0
AREA OF LOS ANG                  NO MI            0                                              7.5        0.5              0
LONG BEACH                       NO MI            0                                              7.5        0.5              0
REDONDO BEACH                    NO MI            0                                             7.75        0.5              0
SURPRISE                         NO MI            0                                             8.75        0.5              0
RANCHO CUCAMONG                  NO MI            0                                             9.25        0.5              0
ORANGE                           NO MI            0                                             6.75        0.5              0
ORANGE                           NO MI            0                                             10.5        0.5              0
FONTANA                          NO MI            0                                              7.4        0.5              0
(STUDIO CITY AR                  NO MI            0                                             8.75        0.5              0
PALMDALE                         NO MI            0                                              8.9        0.5              0
HEMET                            NO MI            0                                             9.75        0.5              0
LOS ANGELES                      NO MI            0                                             8.95        0.5              0
LOS ANGELES                      NO MI            0                                             7.55        0.5              0
LOS ANGELES                      NO MI            0                                             7.14        0.5              0
SAN BERNARDINO                   NO MI            0                                             7.85        0.5              0
FONTANA                          NO MI            0                                              8.5        0.5              0
LOS ANGELES                      NO MI            0                                              7.6        0.5              0
LONG BEACH                       NO MI            0                                             6.95        0.5              0
(LA PUENTE AREA                  NO MI            0                                            8.875        0.5              0
VAN NUYS AREA L                  NO MI            0                                            6.875        0.5              0
SAN DIMAS                        NO MI            0                                            8.625        0.5              0
OXNARD                           NO MI            0                                             7.25        0.5              0
AREA OF HEMET                    NO MI            0                                              9.2        0.5              0
HESPERIA                         NO MI            0                                             8.99        0.5              0
STOCKTON                         NO MI            0                                             7.99        0.5              0
LAKEWOOD                         NO MI            0                                             7.85        0.5              0
FONTANA                          NO MI            0                                            8.375        0.5              0
LAWNDALE                         NO MI            0                                            7.875        0.5              0
CANOGA PARK ARE                  NO MI            0                                              8.7        0.5              0
FALLBROOK                        NO MI            0                                             8.75        0.5              0
LAS VEGAS                        NO MI            0                                              8.7        0.5              0
LOS ANGELES                      NO MI            0                                             7.95        0.5              0
COMPTON                          NO MI            0                                             7.65        0.5              0
BALDWIN PARK                     NO MI            0                                              8.5        0.5              0
CYPRESS                          NO MI            0                                             6.95        0.5              0
COMPTON                          NO MI            0                                             7.99        0.5              0
LOS ANGELES                      NO MI            0                                             7.75        0.5              0
LOS ANGELES                      NO MI            0                                              7.9        0.5              0
LONG BEACH                       NO MI            0                                             6.75        0.5              0
LONG BEACH                       NO MI            0                                            10.65        0.5              0
SANTA ANA                        NO MI            0                                             6.35        0.5              0
LOS ANGELES                      NO MI            0                                             8.99        0.5              0
SAN DIEGO                        NO MI            0                                            7.625        0.5              0
AREA OF SYLMAR                   NO MI            0                                            7.375        0.5              0
CHINO                            NO MI            0                                             9.35        0.5              0
AREA OF BLOOMIN                  NO MI            0                                             6.99        0.5              0
LOS ANGELES                      NO MI            0                                             7.55        0.5              0
(COMPTON AREA)                   NO MI            0                                             7.75        0.5              0
PROVO                            NO MI            0                                             8.45        0.5              0
ADELANTO                         NO MI            0                                             8.55        0.5              0
KENNEWICK                        NO MI            0                                             8.35        0.5              0
PORTLAND                         NO MI            0                                            7.625        0.5              0
COEUR D ALENE                    NO MI            0                                              9.4        0.5              0
EATONVILLE                       NO MI            0                                             7.75        0.5              0
FEDERAL WAY                      NO MI            0                                              8.6        0.5              0
PORTLAND                         NO MI            0                                             8.45        0.5              0
RENTON                           NO MI            0                                             6.99        0.5              0
SPANAWAY                         NO MI            0                                             7.65        0.5              0
SPANAWAY                         NO MI            0                                            11.25        0.5              0
SEATTLE                          NO MI            0                                              9.8        0.5              0
SUMNER                           NO MI            0                                              8.5        0.5              0
LAKE FOREST                      NO MI            0                                            7.999        0.5              0
MARYSVILLE                       NO MI            0                                                9        0.5              0
ASHFORD                          NO MI            0                                             11.5        0.5              0
RATHDRUM                         NO MI            0                                             8.99        0.5              0
ABERDEEN                         NO MI            0                                             8.65        0.5              0
MILWAUKIE                        NO MI            0                                             7.95        0.5              0
REDMOND                          NO MI            0                                              7.8        0.5              0
TACOMA                           NO MI            0                                              8.4        0.5              0
PUYALLUP                         NO MI            0                                            7.375        0.5              0
PUYALLUP                         NO MI            0                                              7.9        0.5              0
KENNEWICK                        NO MI            0                                             11.5        0.5              0
PORTLAND                         NO MI            0                                              8.5        0.5              0
MULWAUKIE                        NO MI            0                                             7.19        0.5              0
MALAGA                           NO MI            0                                              8.8        0.5              0
PORT ORCHARD                     NO MI            0                                             6.45        0.5              0
BUCKLEY                          NO MI            0                                             8.45        0.5              0
BONNEY LAKE                      NO MI            0                                              6.6        0.5              0
NAMPA                            NO MI            0                                              8.6        0.5              0
TACOMA                           NO MI            0                                             7.85        0.5              0
TACOMA                           NO MI            0                                             11.4        0.5              0
LAKEWOOD                         NO MI            0                                             6.55        0.5              0
OLYMPIA                          NO MI            0                                              7.3        0.5              0
COEUR D ALENE                    NO MI            0                                             11.5        0.5              0
TACOMA                           NO MI            0                                              7.6        0.5              0
SPOKANE                          NO MI            0                                             9.75        0.5              0
SEATTLE                          NO MI            0                                             6.55        0.5              0
ABERDEEN                         NO MI            0                                              7.6        0.5              0
COVINGTON                        NO MI            0                                             7.75        0.5              0
TACOMA                           NO MI            0                                              8.5        0.5              0
EUGENE                           NO MI            0                                             7.99        0.5              0
TACOMA                           NO MI            0                                              8.5        0.5              0
PHOENIX                          NO MI            0                                              8.4        0.5              0
SUMNER                           NO MI            0                                              7.6        0.5              0
EUGENE                           NO MI            0                                            6.625        0.5              0
SEATTLE                          NO MI            0                                              7.6        0.5              0
WOODINVILLE                      NO MI            0                                              6.3        0.5              0
TACOMA                           NO MI            0                                              7.5        0.5              0
SHELTON                          NO MI            0                                              9.1        0.5              0
EVERETT                          NO MI            0                                             8.97        0.5              0
PASADENA                         NO MI            0                                            10.99        0.5              0
SIMI VALLEY                      NO MI            0                                             6.75        0.5              0
VICTORVILLE                      NO MI            0                                             8.15        0.5              0
PALMDALE                         NO MI            0                                             9.25        0.5              0
LOS ANGELES                      NO MI            0                                            11.25        0.5              0
SAN DIEGO                        NO MI            0                                             6.99        0.5              0
BUENA PARK                       NO MI            0                                             7.35        0.5              0
TRABUCO CANYON                   NO MI            0                                            9.625        0.5              0
CHATSWORTH                       NO MI            0                                            8.625        0.5              0
CORONA                           NO MI            0                                               11        0.5              0
BELLFLOWER                       NO MI            0                                                7        0.5              0
LOS ANGELES                      NO MI            0                                             9.05        0.5              0
HAWTHORNE                        NO MI            0                                            8.675        0.5              0
IRVINE                           NO MI            0                                             6.55        0.5              0
SANTA PAULA                      NO MI            0                                             6.95        0.5              0
LAKEWOOD                         NO MI            0                                             6.35        0.5              0
ALHAMBRA                         NO MI            0                                              8.3        0.5              0
SACRAMENTO                       NO MI            0                                             7.56        0.5              0
LOS ANGELES                      NO MI            0                                             7.95        0.5              0
SAN BERNARDINO                   NO MI            0                                             8.35        0.5              0
STOCKTON                         NO MI            0                                              8.1        0.5              0
LONG BEACH                       NO MI            0                                                7        0.5              0
KLAMATH FALLS                    NO MI            0                                             7.95        0.5              0
BELLINGHAM                       NO MI            0                                             11.5        0.5              0
PORTLAND                         NO MI            0                                             11.5        0.5              0
PUYALLUP                         NO MI            0                                            6.875        0.5              0
TACOMA                           NO MI            0                                              9.7        0.5              0
WASILLA                          NO MI            0                                             11.5        0.5              0
SPOKANE                          NO MI            0                                             9.15        0.5              0
WENDELL                          NO MI            0                                              9.3        0.5              0
PAYETTE                          NO MI            0                                              9.4        0.5              0
TACOMA                           NO MI            0                                             7.05        0.5              0
SUQUAMISH                        NO MI            0                                             6.95        0.5              0
PORTLAND                         NO MI            0                                             7.95        0.5              0
TACOMA                           NO MI            0                                             11.5        0.5              0
PUYALLUP                         NO MI            0                                            10.35        0.5              0
UNIVERSITY PLAC                  NO MI            0                                             6.99        0.5              0
COVINGTON                        NO MI            0                                             11.5        0.5              0
TWIN FALLS                       NO MI            0                                            10.75        0.5              0
GIG HARBOR                       NO MI            0                                             8.49        0.5              0
SHELTON                          NO MI            0                                             6.75        0.5              0
PORTLAND                         NO MI            0                                            10.15        0.5              0
SPRINGFIELD                      NO MI            0                                            11.25        0.5              0
SEDRO WOOLLEY                    NO MI            0                                              8.7        0.5              0
REPUBLIC                         NO MI            0                                              9.3        0.5              0
ABERDEEN                         NO MI            0                                             8.99        0.5              0
OTHELLO                          NO MI            0                                             7.99        0.5              0
BOTHELL                          NO MI            0                                             11.5        0.5              0
SPOKANE                          NO MI            0                                             8.55        0.5              0
SPOKANE                          NO MI            0                                             11.5        0.5              0
VALHALLA                         NO MI            0                                             5.35        0.5              0
MONCKS CORNER                    NO MI            0                                             9.36        0.5              0
BANGOR                           NO MI            0                                              8.9        0.5              0
TRENTON                          NO MI            0                                             9.99        0.5              0
LANHAM                           NO MI            0                                            6.899        0.5              0
LOWELL                           NO MI            0                                              9.1        0.5              0
LOWELL                           NO MI            0                                             11.4        0.5              0
CALUMET CITY                     NO MI            0                                             9.25        0.5              0
CALUMET CITY                     NO MI            0                                             11.5        0.5              0
TOWER CITY                       NO MI            0                                            10.05        0.5              0
MARKHAM                          NO MI            0                                              9.9        0.5              0
SAINT CLAIR SHO                  NO MI            0                                             10.5        0.5              0
ATLANTA                          NO MI            0                                              8.8        0.5              0
MONTICELLO                       NO MI            0                                           10.235        0.5              0
NORRIDGE                         NO MI            0                                              8.5        0.5              0
BROOKLYN PARK                    NO MI            0                                             8.25        0.5              0
DETROIT                          NO MI            0                                             9.15        0.5              0
DETROIT                          NO MI            0                                             11.4        0.5              0
CANTON                           NO MI            0                                             6.75        0.5              0
BOYNTON BEACH                    NO MI            0                                              8.5        0.5              0
CHICAGO                          NO MI            0                                             9.75        0.5              0
DECATUR                          NO MI            0                                             9.99        0.5              0
GARY                             NO MI            0                                             7.95        0.5              0
GARY                             NO MI            0                                            11.15        0.5              0
HAMPTON                          NO MI            0                                             9.55        0.5              0
ADDISON                          NO MI            0                                              9.4        0.5              0
PALATINE                         NO MI            0                                              9.2        0.5              0
ROBBINSDALE                      NO MI            0                                           10.226        0.5              0
LITTLE FALLS                     NO MI            0                                              8.2        0.5              0
PRINCETON                        NO MI            0                                             9.61        0.5              0
BROOKLYN PARK                    NO MI            0                                              7.2        0.5              0
BROOKLYN PARK                    NO MI            0                                           10.226        0.5              0
LAND O LAKES                     NO MI            0                                              7.5        0.5              0
CHASKA                           NO MI            0                                              7.3        0.5              0
SAINT PAUL                       NO MI            0                                             9.75        0.5              0
HANOVER PARK                     NO MI            0                                             10.3        0.5              0
BUCKEYE                          NO MI            0                                             9.45        0.5              0
KINGMAN                          NO MI            0                                             10.7        0.5              0
LAS VEGAS                        NO MI            0                                              7.4        0.5              0
PHOENIX                          NO MI            0                                              8.8        0.5              0
KANSAS CITY                      NO MI            0                                             8.25        0.5              0
KANSAS CITY                      NO MI            0                                            11.75        0.5              0
DETROIT                          NO MI            0                                             10.5        0.5              0
CHADWICK                         NO MI            0                                              9.9        0.5              0
RICHMOND                         NO MI            0                                            11.75        0.5              0
NEW BEDFORD                      NO MI            0                                             9.45        0.5              0
RICHMOND                         NO MI            0                                             9.25        0.5              0
COLUMBIA                         NO MI            0                                              9.7        0.5              0
BANGOR                           NO MI            0                                             9.35        0.5              0
NASHUA                           NO MI            0                                             7.95        0.5              0
CHARLOTTE                        NO MI            0                                            10.55        0.5              0
DETROIT                          NO MI            0                                             9.45        0.5              0
CROWLEY                          NO MI            0                                              8.8        0.5              0
MIAMI                            NO MI            0                                             9.25        0.5              0
RIDGELAND                        NO MI            0                                             9.95        0.5              0
RAILROAD FLAT                    NO MI            0                                              6.3        0.5              0
LANCASTER                        NO MI            0                                             9.55        0.5              0
RIDGELAND                        NO MI            0                                               10        0.5              0
HALSTEAD                         NO MI            0                                              8.6        0.5              0
GILBERT                          NO MI            0                                             5.85        0.5              0
GILBERT                          NO MI            0                                             10.4        0.5              0
DETROIT                          NO MI            0                                             8.25        0.5              0
BRYAN                            NO MI            0                                             9.75        0.5              0
LITTLE RIVER AC                  NO MI            0                                             6.75        0.5              0
SAN ANTONIO                      NO MI            0                                              9.8        0.5              0
LAREDO                           NO MI            0                                              7.8        0.5              0
LAREDO                           NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                              9.8        0.5              0
KINGWOOD                         NO MI            0                                             9.35        0.5              0
HOUSTON                          NO MI            0                                             9.15        0.5              0
BAYTOWN                          NO MI            0                                            10.45        0.5              0
LA PORTE                         NO MI            0                                             9.25        0.5              0
BAYTOWN                          NO MI            0                                                9        0.5              0
BACLIFF                          NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                             9.15        0.5              0
AUSTIN                           NO MI            0                                             9.95        0.5              0
DEER PARK                        NO MI            0                                             7.99        0.5              0
FORT WORTH                       NO MI            0                                             8.75        0.5              0
FORT WORTH                       NO MI            0                                              9.3        0.5              0
COLUMBIA                         NO MI            0                                             9.45        0.5              0
JENKS                            NO MI            0                                              9.5        0.5              0
MONCKS CORNER                    NO MI            0                                              7.5        0.5              0
EL PASO                          NO MI            0                                              9.5        0.5              0
SAN ANTONIO                      NO MI            0                                              8.7        0.5              0
CARROLLTON                       NO MI            0                                             7.45        0.5              0
CARROLLTON                       NO MI            0                                            10.35        0.5              0
GARLAND                          NO MI            0                                                8        0.5              0
EL PASO                          NO MI            0                                             9.65        0.5              0
BOLIVAR                          NO MI            0                                              9.6        0.5              0
ARLINGTON                        NO MI            0                                             9.25        0.5              0
DALLAS                           NO MI            0                                             8.65        0.5              0
MEMPHIS                          NO MI            0                                             7.99        0.5              0
HITCHCOCK                        NO MI            0                                              9.5        0.5              0
DESOTO                           NO MI            0                                              9.1        0.5              0
ATHENS                           NO MI            0                                              8.5        0.5              0
BOWIE                            NO MI            0                                             9.35        0.5              0
BEDFORD                          NO MI            0                                             6.75        0.5              0
DENISON                          NO MI            0                                              9.8        0.5              0
SAN MARCOS                       NO MI            0                                             6.99        0.5              0
CEDAR HILL                       NO MI            0                                             9.05        0.5              0
GLENN HEIGHTS                    NO MI            0                                              7.8        0.5              0
IRVING                           NO MI            0                                             8.75        0.5              0
PRYOR                            NO MI            0                                            11.15        0.5              0
ROWLETT                          NO MI            0                                              8.9        0.5              0
BURLESON                         NO MI            0                                             8.25        0.5              0
BOWIE                            NO MI            0                                             8.45        0.5              0
BALCH SPRINGS                    NO MI            0                                              7.2        0.5              0
BALCH SPRINGS                    NO MI            0                                                9        0.5              0
MCKINNEY                         NO MI            0                                             8.65        0.5              0
DALLAS                           NO MI            0                                             8.55        0.5              0
WICHITA FALLS                    NO MI            0                                              8.2        0.5              0
FORT WORTH                       NO MI            0                                              7.5        0.5              0
GRAND PRAIRIE                    NO MI            0                                             9.65        0.5              0
BOWIE                            NO MI            0                                              8.6        0.5              0
GULFPORT                         NO MI            0                                             8.85        0.5              0
MAYNARDVILLE                     NO MI            0                                             9.99        0.5              0
VILONIA                          NO MI            0                                              9.2        0.5              0
EL PASO                          NO MI            0                                             6.25        0.5              0
FORT WORTH                       NO MI            0                                              9.5        0.5              0
VICTORIA                         NO MI            0                                             9.25        0.5              0
LOWRY CROSSING                   NO MI            0                                              9.7        0.5              0
HAYDEN                           NO MI            0                                             7.75        0.5              0
TELEPHONE                        NO MI            0                                              9.6        0.5              0
GRAND PRAIRIE                    NO MI            0                                             9.85        0.5              0
HOUSTON                          NO MI            0                                              9.2        0.5              0
STANHOPE                         NO MI            0                                            10.15        0.5              0
PORT NECHES                      NO MI            0                                              9.9        0.5              0
RICHMOND                         NO MI            0                                              9.7        0.5              0
DALLAS                           NO MI            0                                             9.99        0.5              0
SAN ANTONIO                      NO MI            0                                              9.2        0.5              0
WILLIS                           NO MI            0                                             8.55        0.5              0
KYLE                             NO MI            0                                                9        0.5              0
HUMBLE                           NO MI            0                                              8.4        0.5              0
HUNTSVILLE                       NO MI            0                                              9.5        0.5              0
WILLIS                           NO MI            0                                             7.35        0.5              0
HOUSTON                          NO MI            0                                           10.375        0.5              0
KATY                             NO MI            0                                             9.95        0.5              0
HORIZON CITY                     NO MI            0                                              8.9        0.5              0
NEW BRAUNFELS                    NO MI            0                                             8.05        0.5              0
PASADENA                         NO MI            0                                             9.75        0.5              0
HOUSTON                          NO MI            0                                              9.3        0.5              0
LEANDER                          NO MI            0                                             9.45        0.5              0
S. OGDEN                         NO MI            0                                              9.8        0.5              0
BILLINGS                         NO MI            0                                             9.99        0.5              0
TOOELE                           NO MI            0                                             9.35        0.5              0
LEHI                             NO MI            0                                              6.6        0.5              0
WEST VALLEY                      NO MI            0                                            10.25        0.5              0
SAINT GEORGE                     NO MI            0                                             9.42        0.5              0
COLORADO SPRING                  NO MI            0                                             9.65        0.5              0
WALDORF                          NO MI            0                                              8.6        0.5              0
OWINGS MILLS                     NO MI            0                                              7.7        0.5              0
CHICAGO                          NO MI            0                                             9.25        0.5              0
CHICAGO                          NO MI            0                                             11.5        0.5              0
GLENDALE HEIGHT                  NO MI            0                                              9.9        0.5              0
LA MARQUE                        NO MI            0                                              8.7        0.5              0
LAKE JACKSON                     NO MI            0                                                9        0.5              0
EL PASO                          NO MI            0                                             7.85        0.5              0
SHOREACRES                       NO MI            0                                              8.4        0.5              0
EDINBURG                         NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                             9.45        0.5              0
MONTGOMERY                       NO MI            0                                             10.4        0.5              0
ANGLETON                         NO MI            0                                            10.15        0.5              0
HOUSTON                          NO MI            0                                             10.4        0.5              0
MAGNOLIA                         NO MI            0                                             8.75        0.5              0
LEADWOOD                         NO MI            0                                             11.4        0.5              0
ST. LOUIS                        NO MI            0                                              7.5        0.5              0
LINCOLN                          NO MI            0                                             8.25        0.5              0
MILFORD                          NO MI            0                                             7.65        0.5              0
SAINT LOUIS                      NO MI            0                                             10.5        0.5              0
JESUP                            NO MI            0                                              8.6        0.5              0
LEAVENWORTH                      NO MI            0                                            11.25        0.5              0
MASON CITY                       NO MI            0                                             8.75        0.5              0
INDEPENDENCE                     NO MI            0                                              9.2        0.5              0
KANSAS CITY                      NO MI            0                                             6.35        0.5              0
ST. LOUIS                        NO MI            0                                             10.5        0.5              0
BLAIR                            NO MI            0                                             9.95        0.5              0
KANSAS CITY                      NO MI            0                                              7.9        0.5              0
DES MOINES                       NO MI            0                                           10.125        0.5              0
OMAHA                            NO MI            0                                             7.85        0.5              0
RAYMORE                          NO MI            0                                             6.55        0.5              0
SAINT LOUIS                      NO MI            0                                             9.75        0.5              0
FREEBURG                         NO MI            0                                            10.75        0.5              0
COUNCIL BLUFFS                   NO MI            0                                           10.875        0.5              0
OLATHE                           NO MI            0                                              8.6        0.5              0
ST. LOUIS                        NO MI            0                                             10.5        0.5              0
CANTON                           NO MI            0                                             9.95        0.5              0
SIBLEY                           NO MI            0                                             10.4        0.5              0
SAINT LOUIS                      NO MI            0                                            11.75        0.5              0
TIFFIN                           NO MI            0                                              9.6        0.5              0
LEE'S SUMMIT                     NO MI            0                                              8.9        0.5              0
KANSAS CITY                      NO MI            0                                             9.79        0.5              0
KANSAS CITY                      NO MI            0                                             11.4        0.5              0
SAINT LOUIS                      NO MI            0                                              9.7        0.5              0
COUNCIL BLUFFS                   NO MI            0                                              9.8        0.5              0
KANSAS CITY                      NO MI            0                                             9.95        0.5              0
SAINT LOUIS                      NO MI            0                                            10.99        0.5              0
KANSAS CITY                      NO MI            0                                            10.75        0.5              0
ST. LOUIS                        NO MI            0                                              9.4        0.5              0
LEON                             NO MI            0                                              9.3        0.5              0
BELLEVUE                         NO MI            0                                             9.95        0.5              0
WICHITA                          NO MI            0                                              9.7        0.5              0
KANSAS CITY                      NO MI            0                                             7.95        0.5              0
KANSAS CITY                      NO MI            0                                             9.45        0.5              0
OMAHA                            NO MI            0                                             9.05        0.5              0
KANSAS CITY                      NO MI            0                                              8.5        0.5              0
OVERLAND PARK                    NO MI            0                                             8.65        0.5              0
HUTCHINSON                       NO MI            0                                             8.75        0.5              0
BATES CITY                       NO MI            0                                             6.95        0.5              0
COSBY                            NO MI            0                                              9.2        0.5              0
WENATCHEE                        NO MI            0                                             7.95        0.5              0
WEST LINN                        NO MI            0                                              7.9        0.5              0
BREMERTON                        NO MI            0                                             8.45        0.5              0
PORTLAND                         NO MI            0                                            11.05        0.5              0
CAMARILLO                        NO MI            0                                             11.5        0.5              0
QUARTZ HILL ARE                  NO MI            0                                             7.99        0.5              0
CARSON                           NO MI            0                                            10.25        0.5              0
APPLE VALLEY AR                  NO MI            0                                             11.5        0.5              0
BUENA PARK                       NO MI            0                                             8.95        0.5              0
QUARTZ HILL ARE                  NO MI            0                                             9.25        0.5              0
WILMINGTON AREA                  NO MI            0                                            10.99        0.5              0
LOS ANGELES                      NO MI            0                                                7        0.5              0
ADELANTO                         NO MI            0                                              6.6        0.5              0
LANCASTER AREA                   NO MI            0                                            6.625        0.5              0
NIPOMO                           NO MI            0                                            11.75        0.5              0
CORONA                           NO MI            0                                             9.45        0.5              0
VENTURA (AREA O                  NO MI            0                                            6.375        0.5              0
NORTHRIDGE AREA                  NO MI            0                                            7.125        0.5              0
NORTHRIDGE AREA                  NO MI            0                                             6.85        0.5              0
WOODLAND HILLS                   NO MI            0                                              8.5        0.5              0
POMONA                           NO MI            0                                              7.7        0.5              0
VICTORVILLE                      NO MI            0                                             7.45        0.5              0
HEMET                            NO MI            0                                            10.75        0.5              0
MATTAWA                          NO MI            0                                               11        0.5              0
COEUR D ALENE                    NO MI            0                                             9.85        0.5              0
IDAHO FALLS                      NO MI            0                                            11.25        0.5              0
SPOKANE                          NO MI            0                                            6.325        0.5              0
EVERETT                          NO MI            0                                            11.25        0.5              0
SPOKANE                          NO MI            0                                             11.5        0.5              0
KANSAS CITY                      NO MI            0                                            10.45        0.5              0
CEDAR RAPIDS                     NO MI            0                                              9.3        0.5              0
OVERLAND PARK                    NO MI            0                                              8.4        0.5              0
DES MOINES                       NO MI            0                                             9.25        0.5              0
MAQUOKETA                        NO MI            0                                             8.75        0.5              0
ST. PETERS                       NO MI            0                                              8.1        0.5              0
GARDNER                          NO MI            0                                             7.69        0.5              0
ABBYVILLE                        NO MI            0                                             9.05        0.5              0
ST. LOUIS                        NO MI            0                                             10.3        0.5              0
DES MOINES                       NO MI            0                                             9.19        0.5              0
MAQUOKETA                        NO MI            0                                             10.8        0.5              0
KANSAS CITY                      NO MI            0                                             9.25        0.5              0
PERRY                            NO MI            0                                              9.5        0.5              0
OVERLAND PARK                    NO MI            0                                              9.7        0.5              0
OLATHE                           NO MI            0                                             8.75        0.5              0
KANSAS CITY                      NO MI            0                                            10.25        0.5              0
GRANDVIEW                        NO MI            0                                              8.6        0.5              0
ADAIR                            NO MI            0                                              9.8        0.5              0
ASHLAND                          NO MI            0                                              9.1        0.5              0
KANSAS CITY                      NO MI            0                                             6.85        0.5              0
VIOLA                            NO MI            0                                              7.5        0.5              0
GRAIN VALLEY                     NO MI            0                                             11.5        0.5              0
MAQUOKETA                        NO MI            0                                            10.45        0.5              0
COLORADO SPRING                  NO MI            0                                              9.2        0.5              0
KANSAS CITY                      NO MI            0                                             11.5        0.5              0
CRESTON                          NO MI            0                                              9.2        0.5              0
COVINGTON                        NO MI            0                                              8.6        0.5              0
ELIZABETH CITY                   NO MI            0                                             8.95        0.5              0
FORT WALTON BEA                  NO MI            0                                             11.4        0.5              0
ATLANTA                          NO MI            0                                              8.9        0.5              0
MCHENRY                          NO MI            0                                              9.5        0.5              0
HIALEAH                          NO MI            0                                             6.95        0.5              0
LITHONIA                         NO MI            0                                              8.6        0.5              0
ORLANDO                          NO MI            0                                             8.25        0.5              0
PORT SAINT LUCI                  NO MI            0                                              8.1        0.5              0
CLERMONT                         NO MI            0                                             8.75        0.5              0
MIAMI                            NO MI            0                                             8.45        0.5              0
CHICAGO                          NO MI            0                                             9.85        0.5              0
NORTH AUGUSTA                    NO MI            0                                             7.99        0.5              0
ATLANTA                          NO MI            0                                              9.6        0.5              0
SUNRISE                          NO MI            0                                             8.45        0.5              0
ATLANTA                          NO MI            0                                             8.99        0.5              0
NORTHBROOK                       NO MI            0                                             8.25        0.5              0
SNELLVILLE                       NO MI            0                                             8.99        0.5              0
CAROL STREAM                     NO MI            0                                              7.5        0.5              0
ELLENWOOD                        NO MI            0                                              9.6        0.5              0
TAMPA                            NO MI            0                                             8.95        0.5              0
COVINGTON                        NO MI            0                                              8.3        0.5              0
NEWNAN                           NO MI            0                                              7.5        0.5              0
ELLENWOOD                        NO MI            0                                             8.75        0.5              0
ORANGE PARK                      NO MI            0                                             8.15        0.5              0
SCOTTSDALE                       NO MI            0                                             10.8        0.5              0
CASA GRANDE                      NO MI            0                                             11.3        0.5              0
PHOENIX                          NO MI            0                                             7.15        0.5              0
CASA GRANDE                      NO MI            0                                             11.5        0.5              0
QUEEN CREEK                      NO MI            0                                             11.5        0.5              0
PHOENIX                          NO MI            0                                             10.2        0.5              0
SURPRISE                         NO MI            0                                             11.5        0.5              0
TUCSON                           NO MI            0                                               11        0.5              0
QUEEN CREEK                      NO MI            0                                             8.95        0.5              0
CASA GRANDE                      NO MI            0                                             9.25        0.5              0
NORTH LAS VEGAS                  NO MI            0                                             11.5        0.5              0
LAS VEGAS                        NO MI            0                                             6.75        0.5              0
GOLD CANYON                      NO MI            0                                              9.5        0.5              0
MAYER                            NO MI            0                                             10.7        0.5              0
QUEEN CREEK                      NO MI            0                                             7.05        0.5              0
KINGMAN                          NO MI            0                                             11.5        0.5              0
TUCSON                           NO MI            0                                              8.7        0.5              0
SURPRISE                         NO MI            0                                             11.5        0.5              0
CASA GRANDE                      NO MI            0                                            11.25        0.5              0
LAS VEGAS                        NO MI            0                                                7        0.5              0
GOODYEAR                         NO MI            0                                             7.45        0.5              0
SURPRISE                         NO MI            0                                              6.8        0.5              0
TOLLESON                         NO MI            0                                             7.45        0.5              0
MESA                             NO MI            0                                              9.5        0.5              0
QUEEN CREEK                      NO MI            0                                             7.15        0.5              0
LAS VEGAS                        NO MI            0                                            11.25        0.5              0
QUEEN CREEK                      NO MI            0                                            11.25        0.5              0
CASA GRANDE                      NO MI            0                                              8.1        0.5              0
LAS VEGAS                        NO MI            0                                             7.05        0.5              0
AVONDALE                         NO MI            0                                              8.1        0.5              0
FORT MOHAVE                      NO MI            0                                             6.75        0.5              0
QUEEN CREEK                      NO MI            0                                              8.1        0.5              0
GLENDALE                         NO MI            0                                             7.35        0.5              0
SURPRISE                         NO MI            0                                             6.45        0.5              0
NORTH LAS VEGAS                  NO MI            0                                              7.8        0.5              0
SEDONA                           NO MI            0                                             7.65        0.5              0
LAS VEGAS                        NO MI            0                                             7.95        0.5              0
PHOENIX                          NO MI            0                                             8.55        0.5              0
PHOENIX                          NO MI            0                                             7.45        0.5              0
PHOENIX                          NO MI            0                                             7.55        0.5              0
QUEEN CREEK                      NO MI            0                                              8.7        0.5              0
QUEEN CREEK                      NO MI            0                                              7.9        0.5              0
QUEEN CREEK                      NO MI            0                                             7.75        0.5              0
SAHUARITA                        NO MI            0                                              7.1        0.5              0
AMADO                            NO MI            0                                             10.8        0.5              0
TUCSON                           NO MI            0                                             8.75        0.5              0
PHOENIX                          NO MI            0                                             9.45        0.5              0
LAVEEN                           NO MI            0                                             7.29        0.5              0
SURPRISE                         NO MI            0                                             6.95        0.5              0
PEORIA                           NO MI            0                                            7.625        0.5              0
SURPRISE                         NO MI            0                                              7.6        0.5              0
QUEEN CREEK                      NO MI            0                                             7.95        0.5              0
KINGMAN                          NO MI            0                                             9.39        0.5              0
PHOENIX                          NO MI            0                                             7.65        0.5              0
KANSAS CITY                      NO MI            0                                             8.75        0.5              0
INDEPENDENCE                     NO MI            0                                             9.45        0.5              0
CHARLES CITY                     NO MI            0                                             7.45        0.5              0
INDEPENDENCE                     NO MI            0                                              9.6        0.5              0
KANSAS CITY                      NO MI            0                                             10.8        0.5              0
SENECA                           NO MI            0                                             11.5        0.5              0
LEAVENWORTH                      NO MI            0                                             8.79        0.5              0
KANSAS CITY                      NO MI            0                                              8.3        0.5              0
DES MOINES                       NO MI            0                                             9.05        0.5              0
COUNCIL BLUFFS                   NO MI            0                                             11.5        0.5              0
KANSAS CITY                      NO MI            0                                              9.9        0.5              0
PALATINE                         NO MI            0                                            10.45        0.5              0
PORT CHARLOTTE                   NO MI            0                                             7.85        0.5              0
ATLANTA                          NO MI            0                                             9.85        0.5              0
CHICAGO                          NO MI            0                                             8.75        0.5              0
ATLANTA                          NO MI            0                                              9.8        0.5              0
ST CLAIR SHORES                  NO MI            0                                             9.99        0.5              0
CHICAGO                          NO MI            0                                              7.7        0.5              0
LITHONIA                         NO MI            0                                             11.5        0.5              0
JACKSON                          NO MI            0                                             9.65        0.5              0
AURORA                           NO MI            0                                              9.4        0.5              0
HOFFMAN ESTATES                  NO MI            0                                             8.75        0.5              0
COON RAPIDS                      NO MI            0                                              7.4        0.5              0
PLAINFIELD                       NO MI            0                                              9.5        0.5              0
SCHAUMBURG                       NO MI            0                                             8.55        0.5              0
JACKSONVILLE                     NO MI            0                                             7.15        0.5              0
DETROIT                          NO MI            0                                             9.99        0.5              0
RUFFIN                           NO MI            0                                              7.5        0.5              0
TITUSVILLE                       NO MI            0                                             6.95        0.5              0
ROSEVILLE                        NO MI            0                                             9.35        0.5              0
LAKELAND                         NO MI            0                                              7.3        0.5              0
CHICAGO                          NO MI            0                                              8.7        0.5              0
RIVERDALE                        NO MI            0                                             9.49        0.5              0
CHICAGO                          NO MI            0                                              7.3        0.5              0
CHICAGO HEIGHTS                  NO MI            0                                             9.99        0.5              0
ROCKMART                         NO MI            0                                             8.75        0.5              0
BOGART                           NO MI            0                                             10.5        0.5              0
EVANSVILLE                       NO MI            0                                              9.9        0.5              0
DETROIT                          NO MI            0                                              8.4        0.5              0
GAINESVILLE                      NO MI            0                                             9.75        0.5              0
MIRAMAR                          NO MI            0                                             6.99        0.5              0
MAYWOOD                          NO MI            0                                             7.99        0.5              0
CHICAGO                          NO MI            0                                             9.55        0.5              0
ROSEMONT                         NO MI            0                                             9.65        0.5              0
NEWAYGO                          NO MI            0                                             9.25        0.5              0
NEWAYGO                          NO MI            0                                             11.4        0.5              0
ATLANTA                          NO MI            0                                             11.5        0.5              0
HARVEY                           NO MI            0                                              9.1        0.5              0
CHICAGO                          NO MI            0                                              9.4        0.5              0
MILTON                           NO MI            0                                             6.95        0.5              0
WOODRIDGE                        NO MI            0                                             8.35        0.5              0
ST LOUIS PARK                    NO MI            0                                             8.15        0.5              0
HIGH POINT                       NO MI            0                                              9.5        0.5              0
BELLEVILLE                       NO MI            0                                             7.49        0.5              0
CONYERS                          NO MI            0                                             8.25        0.5              0
COVINGTON                        NO MI            0                                             11.5        0.5              0
VALDOSTA                         NO MI            0                                              9.8        0.5              0
DEFUNIAK SPRING                  NO MI            0                                             9.09        0.5              0
CHICAGO                          NO MI            0                                            10.15        0.5              0
MACOMB                           NO MI            0                                             7.75        0.5              0
HIALEAH                          NO MI            0                                             6.55        0.5              0
ELK RIVER                        NO MI            0                                             9.29        0.5              0
LAFAYETTE                        NO MI            0                                             8.99        0.5              0
GATESVILLE                       NO MI            0                                             9.24        0.5              0
AUGUSTA                          NO MI            0                                              9.8        0.5              0
MOUNT PROSPECT                   NO MI            0                                              9.6        0.5              0
ROCHELLE                         NO MI            0                                              9.4        0.5              0
MOUNT VERNON                     NO MI            0                                              9.7        0.5              0
DETROIT                          NO MI            0                                             9.85        0.5              0
TAMPA                            NO MI            0                                            11.25        0.5              0
TEMPLE                           NO MI            0                                              8.9        0.5              0
DOUGLASVILLE                     NO MI            0                                               11        0.5              0
ROSELLE                          NO MI            0                                             8.85        0.5              0
ELMORE                           NO MI            0                                           10.235        0.5              0
CROSS                            NO MI            0                                              7.7        0.5              0
LECANTO                          NO MI            0                                             11.5        0.5              0
DECATUR                          NO MI            0                                             6.95        0.5              0
AUBURN HILLS                     NO MI            0                                             8.99        0.5              0
LOUISVILLE                       NO MI            0                                               10        0.5              0
GLENDALE HEIGHT                  NO MI            0                                              7.5        0.5              0
RIVERVIEW                        NO MI            0                                             11.5        0.5              0
SOUTH HOLLAND                    NO MI            0                                              9.5        0.5              0
CHICAGO                          NO MI            0                                             9.35        0.5              0
MAYWOOD                          NO MI            0                                             7.55        0.5              0
CHICAGO                          NO MI            0                                            10.15        0.5              0
LILBURN                          NO MI            0                                             9.34        0.5              0
DEERFIELD                        NO MI            0                                             8.35        0.5              0
NEW PORT RICHEY                  NO MI            0                                              6.8        0.5              0
GLENWOOD                         NO MI            0                                              8.6        0.5              0
INDIANAPOLIS                     NO MI            0                                             9.55        0.5              0
UNION                            NO MI            0                                             9.45        0.5              0
CHICAGO                          NO MI            0                                              7.8        0.5              0
SANFORD                          NO MI            0                                            10.15        0.5              0
ORLAND PARK                      NO MI            0                                              7.2        0.5              0
ELGIN                            NO MI            0                                             8.75        0.5              0
BELLWOOD                         NO MI            0                                             8.29        0.5              0
JOLIET                           NO MI            0                                             8.95        0.5              0
STERLING HEIGHT                  NO MI            0                                             9.65        0.5              0
IXONIA                           NO MI            0                                              7.8        0.5              0
BERWYN                           NO MI            0                                            10.15        0.5              0
WHEATON                          NO MI            0                                             8.75        0.5              0
SAUK VILLAGE                     NO MI            0                                             9.99        0.5              0
GRAND RAPIDS                     NO MI            0                                             9.99        0.5              0
CHICAGO                          NO MI            0                                              8.8        0.5              0
CHICAGO                          NO MI            0                                              7.2        0.5              0
CHICAGO HEIGHTS                  NO MI            0                                              9.7        0.5              0
DETROIT                          NO MI            0                                             9.75        0.5              0
HAZEL PARK                       NO MI            0                                            10.25        0.5              0
ROCKFORD                         NO MI            0                                            10.25        0.5              0
HOLIDAY                          NO MI            0                                             8.75        0.5              0
WESTCHESTER                      NO MI            0                                            10.55        0.5              0
MACHESNEY PARK                   NO MI            0                                              9.6        0.5              0
CUMMING                          NO MI            0                                            8.625        0.5              0
BRADENTON                        NO MI            0                                              7.1        0.5              0
GLENN DALE                       NO MI            0                                              8.5        0.5              0
CHARLOTTE                        NO MI            0                                              9.5        0.5              0
COLLEGE PARK                     NO MI            0                                             8.99        0.5              0
MONTGOMERY                       NO MI            0                                             8.55        0.5              0
BANGOR                           NO MI            0                                             8.99        0.5              0
ROCHESTER HILLS                  NO MI            0                                             9.99        0.5              0
FOX LAKE                         NO MI            0                                              8.5        0.5              0
ULEN                             NO MI            0                                              7.2        0.5              0
STONE MOUNTAIN                   NO MI            0                                             8.55        0.5              0
ROCKMART                         NO MI            0                                              6.6        0.5              0
ROCKMART                         NO MI            0                                             11.5        0.5              0
SALEM                            NO MI            0                                             9.75        0.5              0
PROVIDENCE                       NO MI            0                                             8.99        0.5              0
REDDICK                          NO MI            0                                             8.55        0.5              0
CHICAGO HEIGHTS                  NO MI            0                                             9.32        0.5              0
HUDSON                           NO MI            0                                              9.9        0.5              0
KENDUSKEAG                       NO MI            0                                             7.35        0.5              0
SKOWHEGAN                        NO MI            0                                             8.95        0.5              0
STAFFORD                         NO MI            0                                             6.75        0.5              0
AGAWAM                           NO MI            0                                             5.85        0.5              0
NEW LENOX                        NO MI            0                                             7.95        0.5              0
UPPER MARLBORO                   NO MI            0                                             6.85        0.5              0
BRIDGEVIEW                       NO MI            0                                              9.6        0.5              0
WASHINGTON                       NO MI            0                                              8.7        0.5              0
MAPLEWOOD                        NO MI            0                                            11.15        0.5              0
BROOKLINE                        NO MI            0                                              6.5        0.5              0
3EST WARWICK                     NO MI            0                                             11.4        0.5              0
WESTBROOK                        NO MI            0                                              9.2        0.5              0
RALEIGH                          NO MI            0                                             7.89        0.5              0
BROOKLYN                         NO MI            0                                             8.45        0.5              0
ATLANTA                          NO MI            0                                             11.5        0.5              0
ELK RIVER                        NO MI            0                                             8.95        0.5              0
CARMEL                           NO MI            0                                              9.7        0.5              0
DISTRICT HEIGHT                  NO MI            0                                             7.85        0.5              0
EVANSVILLE                       NO MI            0                                            10.25        0.5              0
BROOKLYN                         NO MI            0                                              6.7        0.5              0
ZEBULON                          NO MI            0                                              9.5        0.5              0
NORTH ADAMS                      NO MI            0                                              8.9        0.5              0
JONESBORO                        NO MI            0                                             9.35        0.5              0
HAMPSTEAD                        NO MI            0                                            10.79        0.5              0
MOREHEAD CITY                    NO MI            0                                             8.05        0.5              0
LITTLETON                        NO MI            0                                              6.5        0.5              0
WILMINGTON                       NO MI            0                                             8.55        0.5              0
COLUMBIA                         NO MI            0                                             8.55        0.5              0
WARREN                           NO MI            0                                             9.99        0.5              0
LOCKPORT                         NO MI            0                                             9.75        0.5              0
FLORHAM PARK                     NO MI            0                                              9.6        0.5              0
BURNHAM                          NO MI            0                                            11.25        0.5              0
BALTIMORE                        NO MI            0                                             6.65        0.5              0
GREENSBORO                       NO MI            0                                            8.275        0.5              0
SAINT ALBANS                     NO MI            0                                             6.99        0.5              0
IRVINGTON                        NO MI            0                                            10.15        0.5              0
BREWER                           NO MI            0                                              8.8        0.5              0
CHICAGO                          NO MI            0                                             7.15        0.5              0
SANFORD                          NO MI            0                                             6.95        0.5              0
DORCHESTER                       NO MI            0                                             10.9        0.5              0
GAINESVILLE                      NO MI            0                                            11.25        0.5              0
SILVER SPRING                    NO MI            0                                             7.55        0.5              0
ROCKFORD                         NO MI            0                                            10.45        0.5              0
HERMON                           NO MI            0                                             7.49        0.5              0
TWO HARBORS                      NO MI            0                                           10.235        0.5              0
BALTIMORE                        NO MI            0                                             7.55        0.5              0
WEST STEWARTSTO                  NO MI            0                                             9.55        0.5              0
LOWELL                           NO MI            0                                            11.25        0.5              0
MIDLOTHIAN                       NO MI            0                                              8.9        0.5              0
PRINCESS ANNE                    NO MI            0                                              6.9        0.5              0
CHICOPEE                         NO MI            0                                             11.5        0.5              0
LOWELL                           NO MI            0                                              7.8        0.5              0
LOWELL                           NO MI            0                                             11.5        0.5              0
SOUTH OZONE PAR                  NO MI            0                                              7.6        0.5              0
HIGH POINT                       NO MI            0                                             9.15        0.5              0
ROSEVILLE                        NO MI            0                                             8.25        0.5              0
BALTIMORE                        NO MI            0                                             7.55        0.5              0
COUNTRY CLUB HI                  NO MI            0                                             7.99        0.5              0
SPRINGFIELD                      NO MI            0                                             6.99        0.5              0
SPRINGFIELD                      NO MI            0                                            11.25        0.5              0
ATHENS                           NO MI            0                                             10.8        0.5              0
GASTONIA                         NO MI            0                                            11.25        0.5              0
ESSEX JUNCTION                   NO MI            0                                                7        0.5              0
SAINT ALBANS                     NO MI            0                                             6.35        0.5              0
DIXFIELD                         NO MI            0                                              8.5        0.5              0
CORONA                           NO MI            0                                             6.99        0.5              0
BALTIMORE                        NO MI            0                                              7.6        0.5              0
BAY SHORE                        NO MI            0                                              7.6        0.5              0
NORTH EAST                       NO MI            0                                             9.45        0.5              0
EVERETT                          NO MI            0                                             11.5        0.5              0
EDEN                             NO MI            0                                             6.79        0.5              0
CHARLOTTE                        NO MI            0                                             8.99        0.5              0
CRYSTAL LAKE                     NO MI            0                                              8.6        0.5              0
BALTIMORE                        NO MI            0                                              9.1        0.5              0
COVENTRY                         NO MI            0                                             7.05        0.5              0
FRANKLINVILLE                    NO MI            0                                              8.5        0.5              0
STEUBEN                          NO MI            0                                             6.99        0.5              0
NEWARK                           NO MI            0                                              7.1        0.5              0
CORINNA                          NO MI            0                                              7.3        0.5              0
ATLANTA                          NO MI            0                                            11.75        0.5              0
LEXINGTON                        NO MI            0                                             7.99        0.5              0
HIBBING                          NO MI            0                                             9.85        0.5              0
SCHAUMBURG                       NO MI            0                                             10.9        0.5              0
UPPER MARLBORO                   NO MI            0                                             5.95        0.5              0
LIVERMORE FALLS                  NO MI            0                                             6.85        0.5              0
DETROIT                          NO MI            0                                             9.65        0.5              0
BALTIMORE                        NO MI            0                                             9.85        0.5              0
METROPOLIS                       NO MI            0                                            10.45        0.5              0
JAMAICA                          NO MI            0                                              6.7        0.5              0
SOMERSWORTH                      NO MI            0                                              7.5        0.5              0
BURLINGTON                       NO MI            0                                             8.95        0.5              0
RANDALLSTOWN                     NO MI            0                                             7.85        0.5              0
ROSELLE                          NO MI            0                                              9.1        0.5              0
CLINTON                          NO MI            0                                             7.75        0.5              0
CLINTON                          NO MI            0                                            11.25        0.5              0
RICHMOND                         NO MI            0                                             9.25        0.5              0
WINSTON SALEM                    NO MI            0                                              8.5        0.5              0
STRASBURG                        NO MI            0                                             8.35        0.5              0
BEMIDJI                          NO MI            0                                             6.99        0.5              0
DEKALB                           NO MI            0                                              8.1        0.5              0
EVANSVILLE                       NO MI            0                                              7.7        0.5              0
GLEN BURNIE                      NO MI            0                                              6.7        0.5              0
SPRINGFIELD                      NO MI            0                                              9.6        0.5              0
UNIVERSITY PARK                  NO MI            0                                             9.95        0.5              0
LINWOOD                          NO MI            0                                              8.6        0.5              0
PATERSON                         NO MI            0                                             8.95        0.5              0
BRISTOL                          NO MI            0                                            6.875        0.5              0
CHICAGO                          NO MI            0                                             7.35        0.5              0
CHICAGO                          NO MI            0                                              8.6        0.5              0
INVER GROVE HEI                  NO MI            0                                             6.85        0.5              0
KNAPP                            NO MI            0                                             8.85        0.5              0
ALEXANDRIA                       NO MI            0                                           10.235        0.5              0
AMERY                            NO MI            0                                             8.99        0.5              0
CHICAGO                          NO MI            0                                             11.5        0.5              0
NORTH SAINT PAU                  NO MI            0                                             7.15        0.5              0
OXFORD                           NO MI            0                                             11.5        0.5              0
RALEIGH                          NO MI            0                                              8.4        0.5              0
LEVERING                         NO MI            0                                             9.89        0.5              0
AURORA                           NO MI            0                                              7.9        0.5              0
PORTLAND                         NO MI            0                                              7.2        0.5              0
MUNDELEIN                        NO MI            0                                             7.99        0.5              0
PORTLAND                         NO MI            0                                             11.5        0.5              0
ROLLING MEADOWS                  NO MI            0                                            10.25        0.5              0
GLENBURN                         NO MI            0                                              7.6        0.5              0
DETROIT                          NO MI            0                                             9.15        0.5              0
BENTON                           NO MI            0                                              6.5        0.5              0
BURLINGTON                       NO MI            0                                             8.85        0.5              0
SWANTON                          NO MI            0                                             7.45        0.5              0
DETROIT                          NO MI            0                                             9.85        0.5              0
CHICAGO                          NO MI            0                                             7.75        0.5              0
CHARLESTOWN                      NO MI            0                                             6.95        0.5              0
BALTIMORE                        NO MI            0                                             7.45        0.5              0
EAST GREENWICH                   NO MI            0                                             6.45        0.5              0
CARMEL                           NO MI            0                                             6.99        0.5              0
PATERSON                         NO MI            0                                              9.3        0.5              0
WINSTON SALEM                    NO MI            0                                             9.99        0.5              0
PETERBOROUGH                     NO MI            0                                             6.55        0.5              0
JONESPORT                        NO MI            0                                              9.1        0.5              0
PORTLAND                         NO MI            0                                             7.35        0.5              0
ELGIN                            NO MI            0                                            10.75        0.5              0
WOODBRIDGE                       NO MI            0                                             8.65        0.5              0
HYATTSVILLE                      NO MI            0                                             7.25        0.5              0
BLOOMINGTON                      NO MI            0                                             8.35        0.5              0
ROCKFORD                         NO MI            0                                            10.05        0.5              0
BALTIMORE                        NO MI            0                                             8.75        0.5              0
HAMMOND                          NO MI            0                                              8.3        0.5              0
HOLBROOK                         NO MI            0                                            10.65        0.5              0
PATERSON                         NO MI            0                                            11.75        0.5              0
SHAPLEIGH                        NO MI            0                                              6.6        0.5              0
WATERVILLE                       NO MI            0                                              7.8        0.5              0
FALL RIVER                       NO MI            0                                              6.7        0.5              0
ALBANY                           NO MI            0                                             8.25        0.5              0
MOUNT HOLLY                      NO MI            0                                            11.25        0.5              0
MERRIMACK                        NO MI            0                                             11.5        0.5              0
BALTIMORE                        NO MI            0                                              8.1        0.5              0
LANDOVER                         NO MI            0                                             11.5        0.5              0
MANCHESTER                       NO MI            0                                              7.5        0.5              0
CHICAGO                          NO MI            0                                             7.75        0.5              0
BARRE                            NO MI            0                                              9.8        0.5              0
CHICAGO                          NO MI            0                                             7.35        0.5              0
NASHUA                           NO MI            0                                                7        0.5              0
CENTRAL ISLIP                    NO MI            0                                             6.99        0.5              0
AURORA                           NO MI            0                                              7.3        0.5              0
BREWER                           NO MI            0                                              7.7        0.5              0
CUMBERLAND FORE                  NO MI            0                                             7.25        0.5              0
SALISBURY                        NO MI            0                                                7        0.5              0
PETERBOROUGH                     NO MI            0                                            11.25        0.5              0
GLEN ALLEN                       NO MI            0                                              8.1        0.5              0
REHOBOTH                         NO MI            0                                             7.25        0.5              0
POOLESVILLE                      NO MI            0                                              7.4        0.5              0
CHICAGO                          NO MI            0                                             10.8        0.5              0
NORTH PROVIDENC                  NO MI            0                                                7        0.5              0
CHARLOTTE                        NO MI            0                                              9.4        0.5              0
DAVENPORT                        NO MI            0                                             9.85        0.5              0
SHELTON                          NO MI            0                                             9.25        0.5              0
DES MOINES                       NO MI            0                                              7.5        0.5              0
CARL JUNCTION                    NO MI            0                                              9.5        0.5              0
MARSHFIELD                       NO MI            0                                              8.4        0.5              0
BOELUS                           NO MI            0                                             8.75        0.5              0
GUTHRIE CENTER                   NO MI            0                                              9.1        0.5              0
OLATHE                           NO MI            0                                              8.1        0.5              0
LUFKIN                           NO MI            0                                              8.2        0.5              0
MANSFIELD                        NO MI            0                                              8.2        0.5              0
BRANDON                          NO MI            0                                              7.4        0.5              0
BLACK CANYON CI                  NO MI            0                                              8.9        0.5              0
CARLSBAD                         NO MI            0                                            10.25        0.5              0
MISSION VIEJO                    NO MI            0                                             7.65        0.5              0
APLINGTON                        NO MI            0                                              8.7        0.5              0
ELDON                            NO MI            0                                             8.45        0.5              0
NEWTON                           NO MI            0                                             7.55        0.5              0
LINDEN                           NO MI            0                                              8.2        0.5              0
OKEECHOBEE                       NO MI            0                                              9.1        0.5              0
BOONE                            NO MI            0                                              8.6        0.5              0
LA PORTE                         NO MI            0                                             8.15        0.5              0
WICHITA                          NO MI            0                                              8.6        0.5              0
NEWTON                           NO MI            0                                              9.8        0.5              0
PERRY                            NO MI            0                                             8.85        0.5              0
GRANGER                          NO MI            0                                              7.5        0.5              0
FRANKFORT                        NO MI            0                                             8.35        0.5              0
HARTLEY                          NO MI            0                                             8.85        0.5              0
WALLLA WALLA                     NO MI            0                                             7.95        0.5              0
SHALIMAR                         NO MI            0                                              8.3        0.5              0
CONWAY SPRINGS                   NO MI            0                                             9.75        0.5              0
SACRAMENTO                       NO MI            0                                             6.65        0.5              0
LATHROP                          NO MI            0                                             7.45        0.5              0
CHARLESTON                       NO MI            0                                              7.5        0.5              0
DIXON IL 61021                   NO MI            0                                              7.4        0.5              0
COVINGTON                        NO MI            0                                             8.55        0.5              0
EVERETT                          NO MI            0                                                8        0.5              0
LAS VEGAS                        NO MI            0                                             8.95        0.5              0
AURORA                           NO MI            0                                              9.5        0.5              0
FRANKLIN                         NO MI            0                                             8.65        0.5              0
INDEPENDENCE                     NO MI            0                                            10.35        0.5              0
INDEPENDENCE                     NO MI            0                                             8.45        0.5              0
PHOENIX                          NO MI            0                                             8.25        0.5              0
MEMPHIS                          NO MI            0                                             7.95        0.5              0
ATKINS                           NO MI            0                                              8.2        0.5              0
WINLOCK                          NO MI            0                                             7.25        0.5              0
BRYANT                           NO MI            0                                              7.6        0.5              0
INVERNESS                        NO MI            0                                              8.5        0.5              0
LAS VEGAS                        NO MI            0                                             11.4        0.5              0
MEMPHIS                          NO MI            0                                             8.25        0.5              0
NORTH LAS VEGAS                  NO MI            0                                            8.575        0.5              0
SHREVEPORT                       NO MI            0                                             9.25        0.5              0
SIOUX CITY                       NO MI            0                                             7.45        0.5              0
VANCOUVER                        NO MI            0                                             7.25        0.5              0
ALBUQUERQUE                      NO MI            0                                             9.95        0.5              0
INDIANOLA                        NO MI            0                                              7.3        0.5              0
PORTLAND                         NO MI            0                                             8.75        0.5              0
NORTH LAS VEGAS                  NO MI            0                                            11.15        0.5              0
RAPIDS CITY                      NO MI            0                                              8.5        0.5              0
MIAMI                            NO MI            0                                            7.875        0.5              0
EXETER                           NO MI            0                                             9.35        0.5              0
WICHITA                          NO MI            0                                              8.1        0.5              0
VANCOUVER                        NO MI            0                                            11.15        0.5              0
BARTLESVILLE                     NO MI            0                                              8.4        0.5              0
WORTH                            NO MI            0                                             6.65        0.5              0
MESA                             NO MI            0                                              7.9        0.5              0
NORFOLK                          NO MI            0                                              7.7        0.5              0
WEST DES MOINES                  NO MI            0                                              7.8        0.5              0
BETTENDORF                       NO MI            0                                             8.05        0.5              0
HEWITT                           NO MI            0                                             9.35        0.5              0
FORT SMITH                       NO MI            0                                             8.95        0.5              0
WICHITA                          NO MI            0                                             7.25        0.5              0
ENUMCLAW                         NO MI            0                                             7.35        0.5              0
CRAWFORDSVILLE                   NO MI            0                                              8.9        0.5              0
EVERETT                          NO MI            0                                              8.9        0.5              0
EVERETT                          NO MI            0                                            9.075        0.5              0
LINDSBORG                        NO MI            0                                             9.65        0.5              0
TACOMA                           NO MI            0                                             7.75        0.5              0
PUYALLUP                         NO MI            0                                             8.85        0.5              0
BATTLE GROUND                    NO MI            0                                             8.99        0.5              0
WATAUGA                          NO MI            0                                              9.9        0.5              0
DAVENPORT                        NO MI            0                                              9.6        0.5              0
LAKE STEVENS                     NO MI            0                                              9.9        0.5              0
PLAINFIELD                       NO MI            0                                             7.74        0.5              0
PLAINFIELD                       NO MI            0                                            11.49        0.5              0
BROOKLYN PARK                    NO MI            0                                             6.99        0.5              0
BROOKLYN PARK                    NO MI            0                                           10.334        0.5              0
OAKLAND CITY                     NO MI            0                                             8.99        0.5              0
BRITTON                          NO MI            0                                             11.5        0.5              0
MACHESNEY PARK                   NO MI            0                                             9.38        0.5              0
DETROIT                          NO MI            0                                             11.5        0.5              0
ELGIN                            NO MI            0                                             6.95        0.5              0
BENSENVILLE                      NO MI            0                                             8.25        0.5              0
MIDLAND                          NO MI            0                                             9.55        0.5              0
CRYSTAL                          NO MI            0                                             6.99        0.5              0
THIEF RIVER FAL                  NO MI            0                                             9.25        0.5              0
SAUK VILLAGE                     NO MI            0                                             10.7        0.5              0
DETROIT                          NO MI            0                                             11.5        0.5              0
EVELETH                          NO MI            0                                             9.85        0.5              0
GLENDALE HEIGHT                  NO MI            0                                             11.5        0.5              0
GREENWOOD                        NO MI            0                                             9.99        0.5              0
BURNSVILLE                       NO MI            0                                             6.95        0.5              0
ROCKFORD                         NO MI            0                                             11.5        0.5              0
GILBERTSVILLE                    NO MI            0                                            10.35        0.5              0
KOKOMO                           NO MI            0                                             9.89        0.5              0
HUTCHINSON                       NO MI            0                                             6.89        0.5              0
ZIMMERMAN                        NO MI            0                                             7.95        0.5              0
CAMBRIA                          NO MI            0                                              6.9        0.5              0
MAPLE GROVE                      NO MI            0                                           10.334        0.5              0
STREAMWOOD                       NO MI            0                                              9.4        0.5              0
CHICAGO                          NO MI            0                                             8.99        0.5              0
MATTESON                         NO MI            0                                             7.25        0.5              0
MINNEAPOLIS                      NO MI            0                                           10.334        0.5              0
MATTESON                         NO MI            0                                             11.5        0.5              0
SPRING LAKE                      NO MI            0                                              9.5        0.5              0
OTTAWA                           NO MI            0                                             7.85        0.5              0
SAINT PAUL                       NO MI            0                                           10.334        0.5              0
CHICAGO                          NO MI            0                                             7.49        0.5              0
CRETE                            NO MI            0                                             8.45        0.5              0
POPLAR GROVE                     NO MI            0                                             7.75        0.5              0
BOONVILLE                        NO MI            0                                             9.85        0.5              0
HAZEL CREST                      NO MI            0                                             8.99        0.5              0
DAWSON                           NO MI            0                                              8.2        0.5              0
UNIVERSITY PARK                  NO MI            0                                            11.25        0.5              0
JORDAN                           NO MI            0                                           10.334        0.5              0
MAYWOOD                          NO MI            0                                             10.1        0.5              0
ROCKFORD                         NO MI            0                                             9.85        0.5              0
LITTLE CANADA                    NO MI            0                                           10.334        0.5              0
DAVIS JUNCTION                   NO MI            0                                             9.25        0.5              0
BUFFALO                          NO MI            0                                           10.334        0.5              0
BOLINGBROOK                      NO MI            0                                            11.25        0.5              0
CHICAGO                          NO MI            0                                                7        0.5              0
TAYLOR                           NO MI            0                                             9.25        0.5              0
ATWATER                          NO MI            0                                              9.5        0.5              0
SOUTH PARIS                      NO MI            0                                             6.59        0.5              0
NEW RICHMOND                     NO MI            0                                             7.55        0.5              0
CHICAGO                          NO MI            0                                             9.99        0.5              0
NEW RICHMOND                     NO MI            0                                            11.25        0.5              0
AUBURN HILLS                     NO MI            0                                             9.75        0.5              0
SAUK VILLAGE                     NO MI            0                                              9.3        0.5              0
BEAVER DAM                       NO MI            0                                              8.4        0.5              0
LA SALLE                         NO MI            0                                             9.75        0.5              0
DAVISON                          NO MI            0                                                9        0.5              0
OXFORD                           NO MI            0                                              8.3        0.5              0
MINNETONKA                       NO MI            0                                             6.99        0.5              0
NEWBURGH                         NO MI            0                                              8.9        0.5              0
CHICAGO                          NO MI            0                                             8.99        0.5              0
JOLIET                           NO MI            0                                             8.45        0.5              0
CONCORDIA                        NO MI            0                                              9.7        0.5              0
SPRINGFIELD                      NO MI            0                                             9.45        0.5              0
MARQUETTE HEIGH                  NO MI            0                                            10.05        0.5              0
FRANKFORT                        NO MI            0                                            10.25        0.5              0
NASHVILLE                        NO MI            0                                             8.75        0.5              0
MOUNT PROSPECT                   NO MI            0                                              7.4        0.5              0
GRAND PRAIRIE                    NO MI            0                                                9        0.5              0
SHERMAN                          NO MI            0                                            6.375        0.5              0
ELDORA                           NO MI            0                                              8.7        0.5              0
MIDLOTHIAN                       NO MI            0                                                8        0.5              0
LIBERAL                          NO MI            0                                            10.25        0.5              0
HOUSTON                          NO MI            0                                              6.5        0.5              0
CEDAR RAPIDS                     NO MI            0                                             8.95        0.5              0
ABILENE                          NO MI            0                                              8.5        0.5              0
KANSAS CITY                      NO MI            0                                              9.2        0.5              0
TACOMA                           NO MI            0                                                7        0.5              0
OSCEOLA                          NO MI            0                                              8.8        0.5              0
GENESEO                          NO MI            0                                              8.7        0.5              0
SEAGOVILLE                       NO MI            0                                              8.3        0.5              0
SEATTLE                          NO MI            0                                            6.875        0.5              0
OLYMPIA                          NO MI            0                                            11.25        0.5              0
NEW ORLEANS                      NO MI            0                                              9.9        0.5              0
TACOMA                           NO MI            0                                            8.625        0.5              0
ARLINGTON                        NO MI            0                                             6.55        0.5              0
DALLAS                           NO MI            0                                             9.95        0.5              0
MONROE                           NO MI            0                                                7        0.5              0
CEDAR FALLS                      NO MI            0                                             8.65        0.5              0
SHERMAN                          NO MI            0                                              9.4        0.5              0
COMBINE                          NO MI            0                                            6.875        0.5              0
HOUSTON                          NO MI            0                                             6.75        0.5              0
MERIAM                           NO MI            0                                             7.15        0.5              0
BLUE RIDGE                       NO MI            0                                             6.85        0.5              0
KANSAS CITY                      NO MI            0                                              9.6        0.5              0
SPRINGFIELD                      NO MI            0                                            10.25        0.5              0
HAMILTON                         NO MI            0                                            10.05        0.5              0
CONROE                           NO MI            0                                              6.5        0.5              0
KENNEWICK                        NO MI            0                                             9.35        0.5              0
KNOXVILLE                        NO MI            0                                              8.1        0.5              0
HUMBLE                           NO MI            0                                             9.99        0.5              0
WELLINGTON                       NO MI            0                                             8.65        0.5              0
BUTLER                           NO MI            0                                             7.45        0.5              0
SPRINGFIELD                      NO MI            0                                               10        0.5              0
PANAMA CITY BEA                  NO MI            0                                             9.85        0.5              0
SARITA                           NO MI            0                                              9.5        0.5              0
POTTSBORO                        NO MI            0                                              9.6        0.5              0
MASON CITY                       NO MI            0                                              8.6        0.5              0
NICKERSON                        NO MI            0                                              7.3        0.5              0
GRANDVIEW                        NO MI            0                                              9.6        0.5              0
MIRAMAR                          NO MI            0                                             7.55        0.5              0
CLEARWATER                       NO MI            0                                             9.25        0.5              0
LEAVENWORTH                      NO MI            0                                             8.65        0.5              0
INDEPENDENCE                     NO MI            0                                             9.75        0.5              0
BLOOMINGTON                      NO MI            0                                              7.9        0.5              0
INDEPENDENCE                     NO MI            0                                             8.95        0.5              0
WATERLOO                         NO MI            0                                                8        0.5              0
SANTA ROSA BEAC                  NO MI            0                                              7.9        0.5              0
LARGO                            NO MI            0                                              9.7        0.5              0
SEARCY                           NO MI            0                                             10.5        0.5              0
BEAVERTON                        NO MI            0                                              6.7        0.5              0
GRINNELL                         NO MI            0                                              9.8        0.5              0
SEAGOVILLE                       NO MI            0                                            10.15        0.5              0
BOONVILLE                        NO MI            0                                             9.05        0.5              0
SPRINGDALE                       NO MI            0                                             7.85        0.5              0
MIDDLETON                        NO MI            0                                             7.15        0.5              0
SAN ANTONIO                      NO MI            0                                             7.85        0.5              0
EDMOND                           NO MI            0                                              7.6        0.5              0
DALLAS                           NO MI            0                                             8.75        0.5              0
PEARCY                           NO MI            0                                              9.5        0.5              0
FORT WORTH                       NO MI            0                                              9.5        0.5              0
CEDAR HILL                       NO MI            0                                             6.95        0.5              0
HOUSTON                          NO MI            0                                             8.29        0.5              0
MEMPHIS                          NO MI            0                                                8        0.5              0
TYLER                            NO MI            0                                             9.25        0.5              0
BENTON                           NO MI            0                                             8.45        0.5              0
NORTH LITTLE RO                  NO MI            0                                             9.99        0.5              0
WYLIE                            NO MI            0                                             8.25        0.5              0
HOUSTON                          NO MI            0                                             7.75        0.5              0
LITTLETON                        NO MI            0                                                7        0.5              0
DENTON                           NO MI            0                                             9.15        0.5              0
ATHENS                           NO MI            0                                              9.5        0.5              0
GRAND PRAIRIE                    NO MI            0                                             7.15        0.5              0
ARLINGTON                        NO MI            0                                             8.25        0.5              0
GRAND PRAIRIE                    NO MI            0                                             7.65        0.5              0
CHILDRESS                        NO MI            0                                              8.8        0.5              0
CARROLLTON                       NO MI            0                                              8.7        0.5              0
ARLINGTON                        NO MI            0                                             8.55        0.5              0
PROVIDENCE VILL                  NO MI            0                                             6.95        0.5              0
PROVIDENCE VILL                  NO MI            0                                                9        0.5              0
SEVIERVILLE                      NO MI            0                                              7.5        0.5              0
FRESNO                           NO MI            0                                             9.95        0.5              0
DESOTO                           NO MI            0                                             9.75        0.5              0
SOUTH HAVEN                      NO MI            0                                             9.35        0.5              0
BURRTON                          NO MI            0                                             9.55        0.5              0
SAN JACINTO                      NO MI            0                                              7.7        0.5              0
PERU                             NO MI            0                                            10.05        0.5              0
ATLANTA                          NO MI            0                                             8.95        0.5              0
GAINESVILLE                      NO MI            0                                             9.55        0.5              0
ALBUQUERQUE                      NO MI            0                                              7.2        0.5              0
CITY NAME                        NO MI            0                                             9.75        0.5              0
SOLDIER                          NO MI            0                                              8.3        0.5              0
DODGE CITY                       NO MI            0                                              9.5        0.5              0
BRANSON                          NO MI            0                                             9.95        0.5              0
ALLEN                            NO MI            0                                             8.99        0.5              0
ALTO PASS                        NO MI            0                                             9.95        0.5              0
ARLINGTON                        NO MI            0                                             9.75        0.5              0
FORT WORTH                       NO MI            0                                           10.075        0.5              0
SIKESTON                         NO MI            0                                              9.4        0.5              0
CONVERSE                         NO MI            0                                              9.9        0.5              0
THE DALLES                       NO MI            0                                              7.3        0.5              0
HUMBLE                           NO MI            0                                            6.375        0.5              0
KELSO                            NO MI            0                                              6.8        0.5              0
BATESVILLE                       NO MI            0                                            10.25        0.5              0
GUN BARREL CITY                  NO MI            0                                             8.55        0.5              0
ERIE                             NO MI            0                                             9.35        0.5              0
WATERLOO                         NO MI            0                                              8.4        0.5              0
VILLAGE MILLS                    NO MI            0                                             9.45        0.5              0
IOWA CITY                        NO MI            0                                             7.65        0.5              0
SHREWSBURY                       NO MI            0                                              7.6        0.5              0
GILMER                           NO MI            0                                             9.95        0.5              0
LITTLE ROCK                      NO MI            0                                             7.95        0.5              0
COLLEGE STATION                  NO MI            0                                             6.85        0.5              0
TRENTON                          NO MI            0                                            10.15        0.5              0
DIBOLL                           NO MI            0                                            10.55        0.5              0
OMAHA                            NO MI            0                                             6.85        0.5              0
PERRYVILLE                       NO MI            0                                            10.45        0.5              0
COVINGTON                        NO MI            0                                             9.95        0.5              0
CARSON                           NO MI            0                                              8.5        0.5              0
GRANDVIEW                        NO MI            0                                              9.5        0.5              0
LEBANON                          NO MI            0                                             8.85        0.5              0
DALLAS                           NO MI            0                                            6.375        0.5              0
OLYMPIA                          NO MI            0                                             6.75        0.5              0
ALFORD                           NO MI            0                                             7.99        0.5              0
BARTLESVILLE                     NO MI            0                                             9.65        0.5              0
OSAWATOMIE                       NO MI            0                                             8.05        0.5              0
FRANKFORT                        NO MI            0                                            9.975        0.5              0
PROSSER                          NO MI            0                                             9.95        0.5              0
MINGO                            NO MI            0                                             9.75        0.5              0
THE WOODLANDS                    NO MI            0                                            5.875        0.5              0
WICHITA                          NO MI            0                                             9.85        0.5              0
WINFIELD                         NO MI            0                                             9.55        0.5              0
MEMPHIS                          NO MI            0                                             9.95        0.5              0
KANSAS CITY                      NO MI            0                                             10.6        0.5              0
FORT WORTH                       NO MI            0                                             9.95        0.5              0
N. RICHLAND HIL                  NO MI            0                                             9.99        0.5              0
FORT LAUDERDALE                  NO MI            0                                             8.75        0.5              0
HOUSTON                          NO MI            0                                              7.8        0.5              0
GAINESVILLE                      NO MI            0                                              7.8        0.5              0
FORT LAUDERDALE                  NO MI            0                                            10.95        0.5              0
FRANKFORT                        NO MI            0                                             9.55        0.5              0
OSAWATOMIE                       NO MI            0                                              7.8        0.5              0
ROWLETT                          NO MI            0                                             9.65        0.5              0
LACY LAKEVIEW                    NO MI            0                                             9.95        0.5              0
KANSAS CITY                      NO MI            0                                            7.805        0.5              0
SAN ANTONIO                      NO MI            0                                             7.35        0.5              0
SALEM                            NO MI            0                                            8.275        0.5              0
WASHINGTON                       NO MI            0                                             9.95        0.5              0
FT LAUDERDALE                    NO MI            0                                              7.3        0.5              0
WICHITA                          NO MI            0                                              8.9        0.5              0
GLENN HEIGHTS                    NO MI            0                                                9        0.5              0
CADDO MILLS                      NO MI            0                                                9        0.5              0
OKLAHOMA CITY                    NO MI            0                                             7.65        0.5              0
OKLAHOMA CITY                    NO MI            0                                             10.4        0.5              0
ALVARADO                         NO MI            0                                             8.49        0.5              0
ROSENBERG                        NO MI            0                                             7.99        0.5              0
CORDOVA                          NO MI            0                                             7.99        0.5              0
BOSSIER CITY                     NO MI            0                                               10        0.5              0
FATE                             NO MI            0                                             8.99        0.5              0
MEMPHIS                          NO MI            0                                             8.15        0.5              0
DALLAS                           NO MI            0                                             8.49        0.5              0
LAMAR                            NO MI            0                                              8.3        0.5              0
EULESS                           NO MI            0                                             8.65        0.5              0
FORT WORTH                       NO MI            0                                              9.1        0.5              0
CECILIA                          NO MI            0                                             9.99        0.5              0
CROWLEY                          NO MI            0                                             7.95        0.5              0
LAS VEGAS                        NO MI            0                                             7.65        0.5              0
CROWLEY                          NO MI            0                                                9        0.5              0
BATON ROUGE                      NO MI            0                                            10.35        0.5              0
EL PASO                          NO MI            0                                              8.6        0.5              0
KATY                             NO MI            0                                             7.45        0.5              0
LAKE WORTH                       NO MI            0                                             9.85        0.5              0
GARLAND                          NO MI            0                                            10.35        0.5              0
ANTIOCH                          NO MI            0                                              6.9        0.5              0
ANTIOCH                          NO MI            0                                             8.81        0.5              0
GARLAND                          NO MI            0                                             9.65        0.5              0
ALLEN                            NO MI            0                                                7        0.5              0
ALLEN                            NO MI            0                                                9        0.5              0
HARRAH                           NO MI            0                                             8.05        0.5              0
EL PASO COUNTY                   NO MI            0                                             8.75        0.5              0
TULSA                            NO MI            0                                              9.3        0.5              0
DALLAS                           NO MI            0                                             9.65        0.5              0
FATE                             NO MI            0                                                9        0.5              0
DALLAS                           NO MI            0                                             8.55        0.5              0
LEWISVILLE                       NO MI            0                                              9.1        0.5              0
FORT WORTH                       NO MI            0                                              6.5        0.5              0
SAN ANTONIO                      NO MI            0                                              8.7        0.5              0
EL PASO                          NO MI            0                                             9.95        0.5              0
MCKINNEY                         NO MI            0                                             7.65        0.5              0
DENVER                           NO MI            0                                             7.99        0.5              0
TUPELO                           NO MI            0                                             8.35        0.5              0
AZLE                             NO MI            0                                             7.45        0.5              0
ROCKWALL                         NO MI            0                                             8.95        0.5              0
KATY                             NO MI            0                                              7.5        0.5              0
FORT WORTH                       NO MI            0                                             8.39        0.5              0
RICHMOND                         NO MI            0                                              7.8        0.5              0
MEMPHIS                          NO MI            0                                              8.8        0.5              0
DERBY                            NO MI            0                                             9.65        0.5              0
CABOT                            NO MI            0                                             9.65        0.5              0
HOUMA                            NO MI            0                                             8.75        0.5              0
SINTON                           NO MI            0                                             9.35        0.5              0
EL PASO                          NO MI            0                                             6.99        0.5              0
FORT WORTH                       NO MI            0                                              9.1        0.5              0
MEMPHIS                          NO MI            0                                             7.45        0.5              0
WOODLAWN                         NO MI            0                                              7.6        0.5              0
WOODLAWN                         NO MI            0                                             8.81        0.5              0
BROKEN ARROW                     NO MI            0                                            11.25        0.5              0
WICHITA FALLS                    NO MI            0                                                9        0.5              0
HUTTO                            NO MI            0                                                9        0.5              0
BOLIVAR                          NO MI            0                                             7.75        0.5              0
BOLIVAR                          NO MI            0                                             8.99        0.5              0
GARLAND                          NO MI            0                                             9.55        0.5              0
RICHARDSON                       NO MI            0                                              6.9        0.5              0
MESQUITE                         NO MI            0                                                9        0.5              0
MESQUITE                         NO MI            0                                                9        0.5              0
MESQUITE                         NO MI            0                                             7.99        0.5              0
FORT WORTH                       NO MI            0                                                9        0.5              0
DELIGHT                          NO MI            0                                             8.85        0.5              0
MEMPHIS                          NO MI            0                                              9.2        0.5              0
WELCH                            NO MI            0                                            10.35        0.5              0
PARIS                            NO MI            0                                            10.15        0.5              0
FATE                             NO MI            0                                             9.95        0.5              0
SOUTHAVEN                        NO MI            0                                             7.05        0.5              0
FLINT                            NO MI            0                                             9.85        0.5              0
WHITEHOUSE                       NO MI            0                                             9.75        0.5              0
GARLAND                          NO MI            0                                             8.99        0.5              0
FATE                             NO MI            0                                             8.99        0.5              0
ALVIN                            NO MI            0                                                9        0.5              0
LAREDO                           NO MI            0                                                9        0.5              0
INOLA                            NO MI            0                                              9.1        0.5              0
AZLE                             NO MI            0                                                7        0.5              0
MERCEDES                         NO MI            0                                             8.99        0.5              0
ARLINGTON                        NO MI            0                                             9.15        0.5              0
DUMAS                            NO MI            0                                             8.95        0.5              0
WINNSBORO                        NO MI            0                                            10.55        0.5              0
ARLINGTON                        NO MI            0                                              6.6        0.5              0
SANGER                           NO MI            0                                             8.45        0.5              0
SAND SPRINGS                     NO MI            0                                              9.9        0.5              0
ODESSA                           NO MI            0                                             9.59        0.5              0
WYLIE                            NO MI            0                                             6.85        0.5              0
WEATHERFORD                      NO MI            0                                              9.8        0.5              0
WATAUGA                          NO MI            0                                             8.95        0.5              0
LITTLE ROCK                      NO MI            0                                            10.65        0.5              0
LEXINGTON                        NO MI            0                                             10.7        0.5              0
MESQUITE                         NO MI            0                                                9        0.5              0
GRAPEVINE                        NO MI            0                                             6.99        0.5              0
EL PASO                          NO MI            0                                             7.99        0.5              0
WOLFFORTH                        NO MI            0                                             9.14        0.5              0
MOUNDS                           NO MI            0                                             9.95        0.5              0
FORT WORTH                       NO MI            0                                             8.35        0.5              0
ALLEN                            NO MI            0                                                9        0.5              0
DALLAS                           NO MI            0                                              9.6        0.5              0
JACKSON                          NO MI            0                                            10.15        0.5              0
BURNET                           NO MI            0                                             7.65        0.5              0
FRISCO                           NO MI            0                                             8.65        0.5              0
OLIVE BRANCH                     NO MI            0                                             8.95        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
CEDAR HILL                       NO MI            0                                             9.65        0.5              0
SEAGOVILLE                       NO MI            0                                                9        0.5              0
BOLIVAR                          NO MI            0                                             9.45        0.5              0
TULSA                            NO MI            0                                             8.15        0.5              0
HORIZON CITY                     NO MI            0                                             8.45        0.5              0
KATY                             NO MI            0                                                9        0.5              0
SUNSET                           NO MI            0                                                9        0.5              0
CLEBURNE                         NO MI            0                                             6.99        0.5              0
JACKSON                          NO MI            0                                             7.75        0.5              0
SHERMAN                          NO MI            0                                              9.1        0.5              0
CHATTANOOGA                      NO MI            0                                             8.75        0.5              0
FRISCO                           NO MI            0                                             6.85        0.5              0
FORNEY                           NO MI            0                                              8.7        0.5              0
EL PASO                          NO MI            0                                             9.55        0.5              0
FORT WORTH                       NO MI            0                                                9        0.5              0
EL PASO                          NO MI            0                                            8.325        0.5              0
MESQUITE                         NO MI            0                                             8.95        0.5              0
BEAUMONT                         NO MI            0                                                9        0.5              0
MEMPHIS                          NO MI            0                                              9.2        0.5              0
FORT WORTH                       NO MI            0                                                9        0.5              0
TULSA                            NO MI            0                                            11.75        0.5              0
CADDO MILLS                      NO MI            0                                                9        0.5              0
BURLESON                         NO MI            0                                             7.95        0.5              0
GRAND PRAIRIE                    NO MI            0                                             8.35        0.5              0
TULSA                            NO MI            0                                            10.05        0.5              0
ROWLETT                          NO MI            0                                                9        0.5              0
HICKORY VALLEY                   NO MI            0                                              8.8        0.5              0
GRANBURY                         NO MI            0                                             6.65        0.5              0
DALLAS                           NO MI            0                                              7.9        0.5              0
PLANO                            NO MI            0                                             6.95        0.5              0
PLANO                            NO MI            0                                                9        0.5              0
GRAND PRAIRIE                    NO MI            0                                                9        0.5              0
COVINGTON                        NO MI            0                                              9.8        0.5              0
FORT WORTH                       NO MI            0                                            9.675        0.5              0
EL PASO                          NO MI            0                                             8.35        0.5              0
LAGO VISTA                       NO MI            0                                                9        0.5              0
BROWNSVILLE                      NO MI            0                                              7.8        0.5              0
LUBBOCK                          NO MI            0                                              6.8        0.5              0
LUBBOCK                          NO MI            0                                                9        0.5              0
ANNA                             NO MI            0                                                9        0.5              0
BOLIVAR                          NO MI            0                                              9.2        0.5              0
HUMBOLDT                         NO MI            0                                             9.55        0.5              0
ALEDO                            NO MI            0                                             6.95        0.5              0
ARLINGTON                        NO MI            0                                                9        0.5              0
COLLIERVILLE                     NO MI            0                                             7.65        0.5              0
BOLIVAR                          NO MI            0                                              9.5        0.5              0
HEARTLAND                        NO MI            0                                             9.45        0.5              0
MIDDLETON                        NO MI            0                                             10.5        0.5              0
FORT WORTH                       NO MI            0                                             8.85        0.5              0
RENOVA                           NO MI            0                                             8.95        0.5              0
MESQUITE                         NO MI            0                                                7        0.5              0
MESQUITE                         NO MI            0                                                9        0.5              0
MULVANE                          NO MI            0                                              8.8        0.5              0
WHITWELL                         NO MI            0                                               10        0.5              0
HUTCHINSON                       NO MI            0                                             8.55        0.5              0
LEWISVILLE                       NO MI            0                                                9        0.5              0
CARROLLTON                       NO MI            0                                             9.49        0.5              0
LOUISVILLE                       NO MI            0                                              9.8        0.5              0
TULSA                            NO MI            0                                             11.5        0.5              0
HORIZON CITY                     NO MI            0                                              8.4        0.5              0
HORIZON CITY                     NO MI            0                                             7.95        0.5              0
AUSTIN                           NO MI            0                                             6.65        0.5              0
LONGVIEW                         NO MI            0                                             8.99        0.5              0
HOUSTON                          NO MI            0                                              9.5        0.5              0
CANYON LAKE                      NO MI            0                                             7.99        0.5              0
ABILENE                          NO MI            0                                            10.15        0.5              0
ANAHUAC                          NO MI            0                                             9.85        0.5              0
MIDLAND                          NO MI            0                                             9.75        0.5              0
HOUSTON                          NO MI            0                                             9.75        0.5              0
PASADENA                         NO MI            0                                             9.75        0.5              0
PASADENA                         NO MI            0                                                9        0.5              0
HOCKLEY                          NO MI            0                                                9        0.5              0
BEAUMONT                         NO MI            0                                                9        0.5              0
COLUMBIA                         NO MI            0                                             9.55        0.5              0
AUSTIN                           NO MI            0                                              8.4        0.5              0
HOUSTON                          NO MI            0                                              9.6        0.5              0
BEAUMONT                         NO MI            0                                              8.9        0.5              0
HOUSTON                          NO MI            0                                              8.9        0.5              0
PASADENA                         NO MI            0                                                9        0.5              0
SAN ANTONIO                      NO MI            0                                             9.15        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                             9.25        0.5              0
DUBLIN                           NO MI            0                                             8.95        0.5              0
HUMBLE                           NO MI            0                                             6.59        0.5              0
GALENA PARK                      NO MI            0                                              8.1        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
CYPRESS                          NO MI            0                                              8.7        0.5              0
HUMBLE                           NO MI            0                                                9        0.5              0
SAN ANTONIO                      NO MI            0                                              8.8        0.5              0
MCALLEN                          NO MI            0                                              7.9        0.5              0
PHARR                            NO MI            0                                              6.7        0.5              0
PHARR                            NO MI            0                                                9        0.5              0
AUSTIN                           NO MI            0                                             6.45        0.5              0
AUSTIN                           NO MI            0                                                9        0.5              0
KATY                             NO MI            0                                              6.9        0.5              0
LEAGUE CITY                      NO MI            0                                                9        0.5              0
WACO                             NO MI            0                                              9.5        0.5              0
MONTGOMERY                       NO MI            0                                              9.2        0.5              0
CROCKETT                         NO MI            0                                              6.8        0.5              0
CROCKETT                         NO MI            0                                                9        0.5              0
SAN JUAN                         NO MI            0                                             8.75        0.5              0
HOUSTON                          NO MI            0                                             6.95        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
MONTGOMERY                       NO MI            0                                              7.7        0.5              0
RICHMOND                         NO MI            0                                             7.35        0.5              0
MISSOURI CITY                    NO MI            0                                             7.89        0.5              0
SUGAR LAND                       NO MI            0                                             8.25        0.5              0
KILLEEN                          NO MI            0                                             9.55        0.5              0
MCALLEN                          NO MI            0                                             8.35        0.5              0
HOUSTON                          NO MI            0                                             9.95        0.5              0
HITCHCOCK                        NO MI            0                                              8.1        0.5              0
HITCHCOCK                        NO MI            0                                                9        0.5              0
SAN ANTONIO                      NO MI            0                                             9.35        0.5              0
HUFFMAN                          NO MI            0                                             7.35        0.5              0
WHITESBORO                       NO MI            0                                             8.15        0.5              0
ROUND ROCK                       NO MI            0                                             7.99        0.5              0
LINDALE                          NO MI            0                                              6.9        0.5              0
HOUSTON                          NO MI            0                                             8.99        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                             8.95        0.5              0
CLEVELAND                        NO MI            0                                              8.3        0.5              0
CLEVELAND                        NO MI            0                                                9        0.5              0
ROUND ROCK                       NO MI            0                                             7.75        0.5              0
HOUSTON                          NO MI            0                                              9.3        0.5              0
AUSTIN                           NO MI            0                                              7.4        0.5              0
EL PASO                          NO MI            0                                             9.65        0.5              0
PORTER                           NO MI            0                                             10.7        0.5              0
WAXAHACHIE                       NO MI            0                                             8.99        0.5              0
CYPRESS                          NO MI            0                                              8.9        0.5              0
HOUSTON                          NO MI            0                                             8.15        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
SILSBEE                          NO MI            0                                             10.2        0.5              0
ROSENBERG                        NO MI            0                                             9.25        0.5              0
LONGVIEW                         NO MI            0                                             8.95        0.5              0
CANYON LAKE                      NO MI            0                                             8.55        0.5              0
CEDAR PARK                       NO MI            0                                            6.325        0.5              0
HOUSTON                          NO MI            0                                             7.75        0.5              0
HUMBLE                           NO MI            0                                             8.75        0.5              0
ORANGE                           NO MI            0                                              9.7        0.5              0
DALLAS                           NO MI            0                                             9.25        0.5              0
DALLAS                           NO MI            0                                                9        0.5              0
LAREDO                           NO MI            0                                              7.9        0.5              0
SEALY                            NO MI            0                                              7.6        0.5              0
BAYTOWN                          NO MI            0                                              7.4        0.5              0
KATY                             NO MI            0                                             7.35        0.5              0
MISSOURI CITY                    NO MI            0                                             8.49        0.5              0
LA PORTE                         NO MI            0                                              7.1        0.5              0
HUMBLE                           NO MI            0                                              8.5        0.5              0
LEANDER                          NO MI            0                                                8        0.5              0
CYPRESS                          NO MI            0                                             7.25        0.5              0
HOUSTON                          NO MI            0                                              8.9        0.5              0
DAYTON                           NO MI            0                                              9.4        0.5              0
THE WOODLANDS                    NO MI            0                                             7.49        0.5              0
BROWNSVILLE                      NO MI            0                                              8.4        0.5              0
KYLE                             NO MI            0                                             9.25        0.5              0
CORSICANA                        NO MI            0                                                9        0.5              0
HUTTO                            NO MI            0                                             6.99        0.5              0
PEARLAND                         NO MI            0                                              7.4        0.5              0
HOUSTON                          NO MI            0                                            8.375        0.5              0
HUMBLE                           NO MI            0                                             7.35        0.5              0
DICKINSON                        NO MI            0                                             8.95        0.5              0
PEARLAND                         NO MI            0                                             7.05        0.5              0
PEARLAND                         NO MI            0                                                9        0.5              0
BAYTOWN                          NO MI            0                                             9.65        0.5              0
SAGINAW                          NO MI            0                                                9        0.5              0
MESQUITE                         NO MI            0                                                9        0.5              0
BOLIVAR                          NO MI            0                                            11.25        0.5              0
OTTUMWA                          NO MI            0                                             8.25        0.5              0
MARSHALLTOWN                     NO MI            0                                             10.5        0.5              0
WYLIE                            NO MI            0                                                9        0.5              0
HAYS                             NO MI            0                                             10.5        0.5              0
GRINNELL                         NO MI            0                                             10.5        0.5              0
ALLEN                            NO MI            0                                                9        0.5              0
IOWA CITY                        NO MI            0                                               11        0.5              0
FREEMONT                         NO MI            0                                            11.25        0.5              0
NORFOLK                          NO MI            0                                            11.25        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
LUFKIN                           NO MI            0                                                9        0.5              0
LEAGUE CITY                      NO MI            0                                                9        0.5              0
TYLER                            NO MI            0                                            10.45        0.5              0
KANSAS CITY                      NO MI            0                                            11.05        0.5              0
SOUTH HOUSTON                    NO MI            0                                             9.75        0.5              0
LAREDO                           NO MI            0                                             6.75        0.5              0
HOUSTON                          NO MI            0                                             8.99        0.5              0
SUGAR LAND                       NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                              9.3        0.5              0
CROSBY                           NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                              8.4        0.5              0
HIGHLANDS                        NO MI            0                                                8        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
VIDOR                            NO MI            0                                              9.6        0.5              0
HOUSTON                          NO MI            0                                             8.95        0.5              0
LAKE CHARLES                     NO MI            0                                             9.05        0.5              0
LUMBERTON                        NO MI            0                                                9        0.5              0
SAN JUAN                         NO MI            0                                                9        0.5              0
WACO                             NO MI            0                                             9.99        0.5              0
KARNACK                          NO MI            0                                                9        0.5              0
HORIZON                          NO MI            0                                             8.75        0.5              0
HOUSTON                          NO MI            0                                              9.6        0.5              0
CEDAR PARK                       NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                             8.99        0.5              0
BAYTOWN                          NO MI            0                                             8.45        0.5              0
CHANNELVIEW                      NO MI            0                                             11.6        0.5              0
SAN ANTONIO                      NO MI            0                                                9        0.5              0
MANOR                            NO MI            0                                                9        0.5              0
FORT WORTH                       NO MI            0                                                9        0.5              0
LEAGUE CITY                      NO MI            0                                             6.85        0.5              0
SILSBEE                          NO MI            0                                                9        0.5              0
SAN JUAN                         NO MI            0                                                9        0.5              0
WILLIS                           NO MI            0                                                9        0.5              0
HEMPSTEAD                        NO MI            0                                                9        0.5              0
SAN ANTONIO                      NO MI            0                                             8.25        0.5              0
HUMBLE                           NO MI            0                                              9.5        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
HUMBLE                           NO MI            0                                                9        0.5              0
RIO GRANDE CITY                  NO MI            0                                                9        0.5              0
LYTLE                            NO MI            0                                              7.4        0.5              0
HOUSTON                          NO MI            0                                             8.95        0.5              0
TOMBALL                          NO MI            0                                                9        0.5              0
RICHMOND                         NO MI            0                                                7        0.5              0
AUSTIN                           NO MI            0                                                9        0.5              0
BROWNSVILLE                      NO MI            0                                             10.3        0.5              0
HOUSTON                          NO MI            0                                              9.3        0.5              0
CROSBY                           NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                             9.45        0.5              0
VICTORIA                         NO MI            0                                                9        0.5              0
SAN ANTONIO                      NO MI            0                                              7.6        0.5              0
SAN ANTONIO                      NO MI            0                                                9        0.5              0
ROSENBERG                        NO MI            0                                              8.7        0.5              0
BROWNSVILLE                      NO MI            0                                             8.99        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
SAN JUAN                         NO MI            0                                             7.75        0.5              0
NEW CANEY                        NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                              9.3        0.5              0
BAYTOWN                          NO MI            0                                              8.9        0.5              0
BROWNSVILLE                      NO MI            0                                             7.55        0.5              0
LA PORTE                         NO MI            0                                              9.5        0.5              0
LEWISVILLE                       NO MI            0                                                9        0.5              0
HORIZON                          NO MI            0                                              9.3        0.5              0
HOUSTON                          NO MI            0                                             8.95        0.5              0
HOUSTON                          NO MI            0                                              9.8        0.5              0
VICTORIA                         NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                             9.95        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
MAGNOLIA                         NO MI            0                                            9.375        0.5              0
AUSTIN                           NO MI            0                                              8.9        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
AUSTIN                           NO MI            0                                            6.875        0.5              0
AUSTIN                           NO MI            0                                                9        0.5              0
SPRING                           NO MI            0                                              8.4        0.5              0
HOUSTON                          NO MI            0                                              8.6        0.5              0
SPRING                           NO MI            0                                             7.99        0.5              0
HOUSTON                          NO MI            0                                              8.7        0.5              0
CYPRESS                          NO MI            0                                             8.65        0.5              0
HOUSTON                          NO MI            0                                             6.45        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
SPRING                           NO MI            0                                                9        0.5              0
HUMBLE                           NO MI            0                                             5.95        0.5              0
HUMBLE                           NO MI            0                                                9        0.5              0
EDINBURG                         NO MI            0                                             8.85        0.5              0
HOUSTON                          NO MI            0                                             8.55        0.5              0
BAYTOWN                          NO MI            0                                             6.85        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
DONNA                            NO MI            0                                            10.45        0.5              0
EDINBURG                         NO MI            0                                            8.625        0.5              0
HOUSTON                          NO MI            0                                              7.6        0.5              0
FRESNO                           NO MI            0                                              8.8        0.5              0
SAN ANTONIO                      NO MI            0                                             7.95        0.5              0
SAN ANTONIO                      NO MI            0                                             9.35        0.5              0
HOPKINS                          NO MI            0                                             8.95        0.5              0
BAYTOWN                          NO MI            0                                             8.75        0.5              0
KATY                             NO MI            0                                            8.625        0.5              0
PENITAS                          NO MI            0                                              7.4        0.5              0
SEA BROOK                        NO MI            0                                             6.75        0.5              0
PENITAS                          NO MI            0                                                9        0.5              0
SAN ANTONIO                      NO MI            0                                                9        0.5              0
PFLUGERVILLE                     NO MI            0                                             6.75        0.5              0
PENITAS                          NO MI            0                                              9.1        0.5              0
EDINBURG                         NO MI            0                                                9        0.5              0
KINGWOOD                         NO MI            0                                             6.85        0.5              0
SPRING                           NO MI            0                                             9.99        0.5              0
HOUSTON                          NO MI            0                                              9.5        0.5              0
VIDOR                            NO MI            0                                              6.5        0.5              0
WINNIE                           NO MI            0                                             8.85        0.5              0
GRANADA HILLS                    NO MI            0                                             7.85        0.5              0
LAKE ELSINORE                    NO MI            0                                               11        0.5              0
GRANADA HILLS                    NO MI            0                                             7.25        0.5              0
HESPERIA                         NO MI            0                                               11        0.5              0
RESEDA AREA                      NO MI            0                                            11.25        0.5              0
SUN VALLEY                       NO MI            0                                             10.5        0.5              0
MORENO VALLEY                    NO MI            0                                             10.5        0.5              0
SOUTH GATE                       NO MI            0                                             11.5        0.5              0
LOS ANGELES                      NO MI            0                                              6.5        0.5              0
RIVERSIDE                        NO MI            0                                             11.5        0.5              0
DESERT HOT SPRI                  NO MI            0                                            10.95        0.5              0
DESERT HOT SPRI                  NO MI            0                                            11.75        0.5              0
LA PUENTE                        NO MI            0                                             6.99        0.5              0
COSTA MESA                       NO MI            0                                             8.99        0.5              0
COSTA MESA                       NO MI            0                                            11.75        0.5              0
LAS VEGAS                        NO MI            0                                             6.95        0.5              0
SUGARLOAF                        NO MI            0                                             11.5        0.5              0
REDLANDS                         NO MI            0                                             11.5        0.5              0
SANTA ANA                        NO MI            0                                            10.99        0.5              0
SAN BERNARDINO                   NO MI            0                                              7.5        0.5              0
HIGHLAND                         NO MI            0                                              7.9        0.5              0
LOS ANGELES                      NO MI            0                                              6.5        0.5              0
FONTANA                          NO MI            0                                            11.25        0.5              0
SANTA CRUZ                       NO MI            0                                             5.75        0.5              0
BAKERSFIELD                      NO MI            0                                              9.5        0.5              0
FONTANA AREA                     NO MI            0                                             6.99        0.5              0
EL MONTE                         NO MI            0                                             11.5        0.5              0
WESTMINSTER                      NO MI            0                                              7.5        0.5              0
FONTANA                          NO MI            0                                              8.1        0.5              0
GARDEN GROVE                     NO MI            0                                            10.75        0.5              0
MORENO VALLEY                    NO MI            0                                             11.5        0.5              0
LONG BEACH                       NO MI            0                                            10.99        0.5              0
RIALTO                           NO MI            0                                             11.5        0.5              0
NUEVO                            NO MI            0                                              8.6        0.5              0
BAKERSFIELD                      NO MI            0                                             7.35        0.5              0
LOS ANGELES                      NO MI            0                                             11.5        0.5              0
PERRIS                           NO MI            0                                            7.375        0.5              0
ONTARIO                          NO MI            0                                              7.9        0.5              0
RIVERSIDE AREA                   NO MI            0                                            7.375        0.5              0
HESPERIA                         NO MI            0                                             8.35        0.5              0
ANAHEIM                          NO MI            0                                             7.75        0.5              0
SANTA ANA                        NO MI            0                                             7.25        0.5              0
MONROVIA                         NO MI            0                                             8.25        0.5              0
CORONA                           NO MI            0                                              6.9        0.5              0
LOS ANGELES                      NO MI            0                                              6.9        0.5              0
SANTA ROSA BEAC                  NO MI            0                                             8.99        0.5              0
LOS ANGELES                      NO MI            0                                             6.85        0.5              0
DOWNEY                           NO MI            0                                             6.85        0.5              0
RICHMOND                         NO MI            0                                             7.55        0.5              0
SAN DIEGO                        NO MI            0                                            6.925        0.5              0
SAN DIEGO                        NO MI            0                                             6.25        0.5              0
TEMECULA                         NO MI            0                                             9.24        0.5              0
CATHEDRAL CITY                   NO MI            0                                             7.65        0.5              0
HUNTINGTON BEAC                  NO MI            0                                            7.625        0.5              0
HIDDEN HILLS                     NO MI            0                                              6.3        0.5              0
ESCONDIDO                        NO MI            0                                             6.25        0.5              0
DESERT HOT SPRI                  NO MI            0                                              7.6        0.5              0
HEBER                            NO MI            0                                            7.115        0.5              0
CHULA VISTA                      NO MI            0                                             6.75        0.5              0
BRAWLEY                          NO MI            0                                             5.65        0.5              0
CONWAY                           NO MI            0                                            11.45        0.5              0
ROCKFORD                         NO MI            0                                             7.99        0.5              0
LOS ANGELES                      NO MI            0                                             11.5        0.5              0
LOS ANGELES                      NO MI            0                                             7.49        0.5              0
LOS ANGELES                      NO MI            0                                             11.5        0.5              0
CHICAGO                          NO MI            0                                             11.5        0.5              0
NORTHRIDGE AREA                  NO MI            0                                            11.25        0.5              0
SANTA ANA                        NO MI            0                                            10.99        0.5              0
APPLE VALLEY AR                  NO MI            0                                               11        0.5              0
LAKEPORT                         NO MI            0                                            6.625        0.5              0
SURPRISE                         NO MI            0                                             8.99        0.5              0
BAKERSFIELD                      NO MI            0                                            8.675        0.5              0
BLOOMINGTON ARE                  NO MI            0                                            10.25        0.5              0
ANAHEIM                          NO MI            0                                            10.99        0.5              0
SAN DIEGO                        NO MI            0                                            11.45        0.5              0
APPLE VALLEY                     NO MI            0                                             11.2        0.5              0
OCEANSIDE                        NO MI            0                                              8.6        0.5              0
YUBA CITY                        NO MI            0                                            10.99        0.5              0
SUN CITY                         NO MI            0                                            10.99        0.5              0
CARLSBAD                         NO MI            0                                             8.35        0.5              0
SAN DIEGO                        NO MI            0                                             6.99        0.5              0
SAN YSIDRO                       NO MI            0                                              9.8        0.5              0
MURRIETA                         NO MI            0                                             11.5        0.5              0
SAN DIEGO                        NO MI            0                                             8.99        0.5              0
EL CAJON                         NO MI            0                                              6.5        0.5              0
EL CAJON                         NO MI            0                                            11.25        0.5              0
SAN DIEGO                        NO MI            0                                              8.3        0.5              0
SAN DIEGO                        NO MI            0                                            6.875        0.5              0
SHASTA LAKE                      NO MI            0                                            6.625        0.5              0
PALM DESERT                      NO MI            0                                            6.375        0.5              0
OCEANSIDE                        NO MI            0                                             10.5        0.5              0
YUCAIPA                          NO MI            0                                              6.2        0.5              0
ORANGEVALE                       NO MI            0                                             11.5        0.5              0
OLIVEHURST                       NO MI            0                                              8.3        0.5              0
RANCHO MURIETA                   NO MI            0                                              6.9        0.5              0
SAN DIEGO                        NO MI            0                                            11.75        0.5              0
MURRIETA                         NO MI            0                                             9.25        0.5              0
HEBER                            NO MI            0                                             6.69        0.5              0
ORANGE                           NO MI            0                                             9.49        0.5              0
SAN DIEGO                        NO MI            0                                             6.99        0.5              0
VIRGINIA CITY H                  NO MI            0                                              6.8        0.5              0
RANCHO MIRAGE                    NO MI            0                                            6.875        0.5              0
SAN JACINTO                      NO MI            0                                              6.9        0.5              0
THOUSAND OAKS                    NO MI            0                                              6.4        0.5              0
NORTH HIGHLANDS                  NO MI            0                                              8.8        0.5              0
SAN DIEGO                        NO MI            0                                            7.875        0.5              0
HEBER                            NO MI            0                                              6.1        0.5              0
SAN DIEGO                        NO MI            0                                             6.25        0.5              0
SAN LORENZO                      NO MI            0                                             11.5        0.5              0
COUPEVILLE                       NO MI            0                                             6.15        0.5              0
LA QUINTA                        NO MI            0                                              5.9        0.5              0
BENICIA                          NO MI            0                                            10.15        0.5              0
SACRAMENTO                       NO MI            0                                             8.35        0.5              0
SAN DIEGO                        NO MI            0                                              7.1        0.5              0
SOLANA BEACH                     NO MI            0                                             8.89        0.5              0
HEMET                            NO MI            0                                             6.95        0.5              0
ALISO VIEJO                      NO MI            0                                              6.6        0.5              0
MENIFEE                          NO MI            0                                             8.95        0.5              0
MENIFEE                          NO MI            0                                             11.5        0.5              0
INDIO                            NO MI            0                                              7.6        0.5              0
SALINAS                          NO MI            0                                            6.375        0.5              0
CHULA VISTA                      NO MI            0                                              7.7        0.5              0
BERKELEY                         NO MI            0                                             9.59        0.5              0
3443 MADISON AV                  NO MI            0                                             6.75        0.5              0
SACRAMENTO                       NO MI            0                                            6.875        0.5              0
SAN JOSE                         NO MI            0                                              8.3        0.5              0
IMPERIAL BEACH                   NO MI            0                                              5.5        0.5              0
RIVERSIDE                        NO MI            0                                              6.5        0.5              0
SAN JOSE                         NO MI            0                                            6.875        0.5              0
SALIDA                           NO MI            0                                             7.25        0.5              0
SAN DIEGO                        NO MI            0                                             6.65        0.5              0
OAKDALE                          NO MI            0                                              7.6        0.5              0
MATHER                           NO MI            0                                             6.75        0.5              0
SACRAMENTO                       NO MI            0                                              7.8        0.5              0
LINCOLN                          NO MI            0                                             7.55        0.5              0
SOLANA BEACH                     NO MI            0                                             7.55        0.5              0
STOCKTON                         NO MI            0                                             9.59        0.5              0
SAN DIEGO                        NO MI            0                                             7.75        0.5              0
SAN JOSE                         NO MI            0                                            7.875        0.5              0
CHULA VISTA                      NO MI            0                                             6.85        0.5              0
CHULA VISTA                      NO MI            0                                            10.75        0.5              0
SAN JOSE                         NO MI            0                                             7.55        0.5              0
SAN JOSE                         NO MI            0                                               10        0.5              0
ANTIOCH                          NO MI            0                                             6.55        0.5              0
HEBER                            NO MI            0                                            7.565        0.5              0
LAKESIDE                         NO MI            0                                              7.5        0.5              0
SIMI VALLEY                      NO MI            0                                             6.75        0.5              0
HOFFMAN ESTATES                  NO MI            0                                             11.5        0.5              0
DETROIT                          NO MI            0                                             11.5        0.5              0
MENAHGA                          NO MI            0                                             9.35        0.5              0
DEKALB                           NO MI            0                                             7.49        0.5              0
LOCKPORT                         NO MI            0                                              7.5        0.5              0
OSWEGO                           NO MI            0                                             7.55        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
GALVA                            NO MI            0                                            11.45        0.5              0
IOLA                             NO MI            0                                             10.5        0.5              0
COLLEGE STATION                  NO MI            0                                             9.75        0.5              0
STANTON                          NO MI            0                                              9.5        0.5              0
DIAMOND BAR                      NO MI            0                                             6.49        0.5              0
LAGUNA NIGUEL                    NO MI            0                                             7.99        0.5              0
MORENO VALLEY                    NO MI            0                                            7.875        0.5              0
ANAHEIM                          NO MI            0                                             8.25        0.5              0
ONTARIO                          NO MI            0                                             7.99        0.5              0
PERRIS                           NO MI            0                                              7.6        0.5              0
INGLEWOOD                        NO MI            0                                             8.65        0.5              0
INGLEWOOD                        NO MI            0                                            10.99        0.5              0
FONTANA                          NO MI            0                                              7.9        0.5              0
CORONA                           NO MI            0                                             7.99        0.5              0
CORONA                           NO MI            0                                            8.875        0.5              0
CASTAIC                          NO MI            0                                            7.875        0.5              0
RIALTO                           NO MI            0                                             6.99        0.5              0
EL CAJON                         NO MI            0                                             8.65        0.5              0
LA HABRA                         NO MI            0                                            6.875        0.5              0
NORTH HOLLYWOOD                  NO MI            0                                             7.85        0.5              0
PACOIMA                          NO MI            0                                             7.35        0.5              0
PACOIMA                          NO MI            0                                             9.75        0.5              0
SAN BERNARDINO                   NO MI            0                                             7.65        0.5              0
CORONA                           NO MI            0                                              9.5        0.5              0
LAKE ELSINORE                    NO MI            0                                             9.75        0.5              0
BALTIMORE                        NO MI            0                                             8.75        0.5              0
AURORA                           NO MI            0                                            11.45        0.5              0
AURORA                           NO MI            0                                            11.45        0.5              0
DENVER                           NO MI            0                                             11.5        0.5              0
MONUMENT                         NO MI            0                                             6.99        0.5              0
AURORA                           NO MI            0                                            11.75        0.5              0
FARMINGTON                       NO MI            0                                             11.5        0.5              0
STERLING                         NO MI            0                                             11.4        0.5              0
DENVER                           NO MI            0                                               11        0.5              0
COLORADO SPRING                  NO MI            0                                             11.5        0.5              0
AURORA                           NO MI            0                                             7.99        0.5              0
CENTENNIAL                       NO MI            0                                                7        0.5              0
DENVER                           NO MI            0                                             11.5        0.5              0
DENVER                           NO MI            0                                             11.5        0.5              0
DENVER                           NO MI            0                                             6.85        0.5              0
WESTMINSTER                      NO MI            0                                             11.5        0.5              0
CARBONDALE                       NO MI            0                                              7.1        0.5              0
CASTLE ROCK                      NO MI            0                                             7.15        0.5              0
CASTLE ROCK                      NO MI            0                                            11.25        0.5              0
DENVER                           NO MI            0                                             11.5        0.5              0
GREENWOOD VILLA                  NO MI            0                                            11.15        0.5              0
DENVER                           NO MI            0                                              7.3        0.5              0
DENVER                           NO MI            0                                            11.75        0.5              0
WESTMINSTER                      NO MI            0                                             11.5        0.5              0
THORNTON                         NO MI            0                                             8.25        0.5              0
GREELEY                          NO MI            0                                             9.35        0.5              0
LITTLETON                        NO MI            0                                             6.75        0.5              0
FORT LUPTON                      NO MI            0                                            11.25        0.5              0
ENGLEWOOD                        NO MI            0                                             8.99        0.5              0
DENVER                           NO MI            0                                              9.3        0.5              0
GREELEY                          NO MI            0                                             11.5        0.5              0
ALAMOSA                          NO MI            0                                             7.25        0.5              0
ALAMOSA                          NO MI            0                                            11.25        0.5              0
CHEYENNE                         NO MI            0                                             11.5        0.5              0
CASTLE ROCK                      NO MI            0                                            7.125        0.5              0
CARBONDALE                       NO MI            0                                             9.95        0.5              0
DENVER                           NO MI            0                                             9.15        0.5              0
LAS VEGAS                        NO MI            0                                              8.8        0.5              0
GLENROCK                         NO MI            0                                              9.4        0.5              0
EVANS                            NO MI            0                                             9.35        0.5              0
PLAIN CITY                       NO MI            0                                             7.49        0.5              0
COMMERCE CITY                    NO MI            0                                             6.99        0.5              0
AURORA                           NO MI            0                                             6.55        0.5              0
PROVO                            NO MI            0                                              7.9        0.5              0
BRIGHTON                         NO MI            0                                             7.99        0.5              0
AURORA                           NO MI            0                                             9.25        0.5              0
LONGMONT                         NO MI            0                                             8.95        0.5              0
LITTLETON                        NO MI            0                                             8.85        0.5              0
COLORADO SPRING                  NO MI            0                                             9.85        0.5              0
COMMERCE CITY                    NO MI            0                                            8.925        0.5              0
COMMERCE CITY                    NO MI            0                                            11.75        0.5              0
AURORA                           NO MI            0                                            7.875        0.5              0
DENVER                           NO MI            0                                              7.4        0.5              0
COLORADO SPRING                  NO MI            0                                             9.25        0.5              0
THORNTON                         NO MI            0                                              8.5        0.5              0
COLORADO SPRING                  NO MI            0                                              7.9        0.5              0
AURORA                           NO MI            0                                              9.6        0.5              0
WESTMINSTER                      NO MI            0                                             7.99        0.5              0
DENVER                           NO MI            0                                             7.99        0.5              0
DENVER                           NO MI            0                                            7.725        0.5              0
NORTH LAS VEGAS                  NO MI            0                                              8.2        0.5              0
DENVER                           NO MI            0                                            10.55        0.5              0
THORNTON                         NO MI            0                                             8.65        0.5              0
SANDY                            NO MI            0                                              7.4        0.5              0
CASPER                           NO MI            0                                              9.6        0.5              0
COMMERCE CITY                    NO MI            0                                             10.9        0.5              0
TOOELE                           NO MI            0                                             9.55        0.5              0
AMERICAN FORK                    NO MI            0                                              9.8        0.5              0
HAYDEN                           NO MI            0                                              8.9        0.5              0
WOODLAND PARK                    NO MI            0                                             8.95        0.5              0
COLORADO SPRING                  NO MI            0                                             8.25        0.5              0
BRIGHTON                         NO MI            0                                             7.65        0.5              0
CHEYENNE                         NO MI            0                                             9.25        0.5              0
DENVER                           NO MI            0                                             9.75        0.5              0
LONGMONT                         NO MI            0                                             6.79        0.5              0
COLORADO SPRING                  NO MI            0                                              8.1        0.5              0
JOHNSTOWN                        NO MI            0                                                8        0.5              0
CAPE CORAL                       NO MI            0                                              8.7        0.5              0
COMMERCE CITY                    NO MI            0                                             7.95        0.5              0
YORBA LINDA                      NO MI            0                                             6.15        0.5              0
LAKEVILLE                        NO MI            0                                             8.45        0.5              0
WESTMINSTER                      NO MI            0                                             9.15        0.5              0
NORFOLK                          NO MI            0                                             9.85        0.5              0
CHANNAHON                        NO MI            0                                            7.375        0.5              0
RED LION                         NO MI            0                                              9.5        0.5              0
MINNEAPOLIS                      NO MI            0                                           10.334        0.5              0
DETROIT                          NO MI            0                                            11.75        0.5              0
URBANA                           NO MI            0                                            8.625        0.5              0
ALEDO                            NO MI            0                                             10.5        0.5              0
DETROIT                          NO MI            0                                             8.25        0.5              0
HAMMOND                          NO MI            0                                               11        0.5              0
ADRIAN                           NO MI            0                                           10.334        0.5              0
OAK FOREST                       NO MI            0                                             9.49        0.5              0
FORT BRANCH                      NO MI            0                                              9.2        0.5              0
HOPKINSVILLE                     NO MI            0                                              9.7        0.5              0
CHICAGO                          NO MI            0                                              7.8        0.5              0
DOLTON                           NO MI            0                                             9.35        0.5              0
HENDERSON                        NO MI            0                                             9.65        0.5              0
RIVERSIDE                        NO MI            0                                              7.4        0.5              0
PACOIMA                          NO MI            0                                             7.25        0.5              0
FONTANA                          NO MI            0                                             6.99        0.5              0
BANNING                          NO MI            0                                             7.55        0.5              0
BANNING                          NO MI            0                                            11.15        0.5              0
ADELANTO                         NO MI            0                                                8        0.5              0
ANAHEIM                          NO MI            0                                             7.99        0.5              0
CORONA                           NO MI            0                                             7.05        0.5              0
COMPTON                          NO MI            0                                              8.5        0.5              0
HELENDALE AREA                   NO MI            0                                              6.5        0.5              0
HESPERIA                         NO MI            0                                                8        0.5              0
ANAHEIM                          NO MI            0                                              6.3        0.5              0
(SAUGUS AREA) L                  NO MI            0                                             7.99        0.5              0
ANAHEIM                          NO MI            0                                             8.99        0.5              0
ELMWOOD                          NO MI            0                                             7.99        0.5              0
PERRIS                           NO MI            0                                             8.49        0.5              0
LOS ANGELES                      NO MI            0                                            7.375        0.5              0
RIALTO                           NO MI            0                                              8.9        0.5              0
ORANGE (CITY)                    NO MI            0                                             7.25        0.5              0
SANTA ANA                        NO MI            0                                             8.99        0.5              0
ORANGE                           NO MI            0                                             7.75        0.5              0
AURORA                           NO MI            0                                              7.5        0.5              0
FONTANA AREA                     NO MI            0                                             8.75        0.5              0
WINNETKA AREA                    NO MI            0                                              6.9        0.5              0
BELLFLOWER                       NO MI            0                                             8.25        0.5              0
POMONA                           NO MI            0                                             9.35        0.5              0
MURRIETA                         NO MI            0                                              7.7        0.5              0
LAKE FOREST                      NO MI            0                                             6.99        0.5              0
WEST COVINA                      NO MI            0                                              7.1        0.5              0
FONTANA                          NO MI            0                                             8.65        0.5              0
PARAMOUNT                        NO MI            0                                              8.2        0.5              0
ANTIOCH                          NO MI            0                                              6.6        0.5              0
SANTA ANA                        NO MI            0                                              7.5        0.5              0
WESTMINSTER                      NO MI            0                                             7.15        0.5              0
SUISUN CITY                      NO MI            0                                             8.35        0.5              0
FONTANA                          NO MI            0                                            6.375        0.5              0
HEMET                            NO MI            0                                              7.5        0.5              0
LINDEN                           NO MI            0                                             6.25        0.5              0
LOS ANGELES                      NO MI            0                                             7.65        0.5              0
LADERA RANCH AR                  NO MI            0                                              7.5        0.5              0
RIVERSIDE                        NO MI            0                                             7.75        0.5              0
ANAHEIM                          NO MI            0                                            8.125        0.5              0
MORENO VALLEY                    NO MI            0                                              8.2        0.5              0
MORENO VALLEY                    NO MI            0                                            6.825        0.5              0
OAKLAND                          NO MI            0                                            10.95        0.5              0
ORANGE                           NO MI            0                                             6.75        0.5              0
HIGHLAND AREA                    NO MI            0                                             7.99        0.5              0
SANTA ANA                        NO MI            0                                             6.99        0.5              0
BAKERSFIELD                      NO MI            0                                             7.99        0.5              0
GRAND TERRACE                    NO MI            0                                              7.7        0.5              0
SANTA ANA                        NO MI            0                                             8.99        0.5              0
RIALTO                           NO MI            0                                              7.5        0.5              0
SAN BERNARDINO                   NO MI            0                                             8.95        0.5              0
GARDEN GROVE                     NO MI            0                                             6.65        0.5              0
GARDENA                          NO MI            0                                             6.75        0.5              0
SANTA ANA                        NO MI            0                                              5.5        0.5              0
SANTA ANA                        NO MI            0                                                7        0.5              0
LOS ANGELES                      NO MI            0                                             5.99        0.5              0
NORWALK                          NO MI            0                                            7.875        0.5              0
BEAUMONT                         NO MI            0                                             8.99        0.5              0
SOUTH GATE                       NO MI            0                                             8.85        0.5              0
SANTA ANA                        NO MI            0                                             7.25        0.5              0
SANTA ANA                        NO MI            0                                             7.99        0.5              0
RIALTO                           NO MI            0                                              6.9        0.5              0
RIVERSIDE                        NO MI            0                                             8.75        0.5              0
PERRIS                           NO MI            0                                             6.95        0.5              0
ANAHEIM                          NO MI            0                                             7.95        0.5              0
SANTA CLARITA                    NO MI            0                                             7.35        0.5              0
SAN FERNANDO                     NO MI            0                                                7        0.5              0
ANAHEIM                          NO MI            0                                             7.89        0.5              0
SARATOGA SPRING                  NO MI            0                                              7.8        0.5              0
CHICAGO                          NO MI            0                                             9.95        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
SAN ANTONIO                      NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
CROSBY                           NO MI            0                                                9        0.5              0
HOUSTON                          NO MI            0                                                9        0.5              0
HUTTO                            NO MI            0                                                9        0.5              0
HI HAT                           NO MI            0                                             9.75        0.5              0
WYLIE                            NO MI            0                                             9.45        0.5              0
MURFREESBORO                     NO MI            0                                             9.25        0.5              0
BLUE RIDGE                       NO MI            0                                            6.875        0.5              0
LARGO                            NO MI            0                                            11.45        0.5              0
KINGMAN                          NO MI            0                                            10.05        0.5              0
WAMEGO                           NO MI            0                                            11.55        0.5              0
KANSAS CITY                      NO MI            0                                              9.8        0.5              0
LEES SUMMIT                      NO MI            0                                             8.69        0.5              0
HESPERIA                         NO MI            0                                              9.5        0.5              0
TOWNSEND                         NO MI            0                                            10.25        0.5              0
YUBA CITY                        NO MI            0                                            11.25        0.5              0

CITY1                            LPMI           TRUSTFEE           TOTAL_STRIP                 CURRENT_NET_COUPON       PAYMENT
-------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                        0               0.012               0.512                              9.988            334.8
BIG BEAR CITY                     0               0.012               0.512                             10.588            902.3
JAMUL                             0               0.012               0.512                              6.238             5175
JAMUL                             0               0.012               0.512                              9.238          1976.06
HENDERSON                         0               0.012               0.512                              7.738          3593.91
BALDWIN PARK                      0               0.012               0.512                              7.478          2287.18
BONIFAY                           0               0.012               0.512                              7.863          1611.36
AVENUE BLOOMING                   0               0.012               0.512                              6.738           3262.5
AVENUE BLOOMING                   0               0.012               0.512                             10.888          1326.61
STANTON                           0               0.012               0.512                              6.388             2300
RIVERSIDE AREA                    0               0.012               0.512                              7.388           2594.7
APPLE VALLEY                      0               0.012               0.512                              8.338          2165.53
CANYON COUNTRY                    0               0.012               0.512                              6.478          2567.14
LAKE ELSINORE                     0               0.012               0.512                              6.838           1808.1
LAKE ELSINORE                     0               0.012               0.512                             10.638            711.2
LOMITA                            0               0.012               0.512                              7.238          1289.55
LOS ANGELES                       0               0.012               0.512                              9.388           4372.5
RAWLINS                           0               0.012               0.512                              9.288          1041.84
AURORA                            0               0.012               0.512                              7.478          1331.66
CHULA VISTA                       0               0.012               0.512                              5.938          2488.63
SOUTH PLAINFIEL                   0               0.012               0.512                              8.363          1829.99
OAKLEY                            0               0.012               0.512                              5.878           2172.6
SAN DIEGO                         0               0.012               0.512                              6.738          1416.17
SAN DIEGO                         0               0.012               0.512                             10.288           549.23
SAN MARCOS                        0               0.012               0.512                              5.988             2470
SAN MARCOS                        0               0.012               0.512                              9.588          1008.87
TEMECULA                          0               0.012               0.512                              6.613           4132.5
TEMECULA                          0               0.012               0.512                              9.888          1578.66
SAN DIEGO                         0               0.012               0.512                              6.288          2081.87
HIGLEY                            0               0.012               0.512                              5.388          1690.44
BIG BEAR CITY                     0               0.012               0.512                              6.738          2271.67
SALINAS                           0               0.012               0.512                              5.988          2426.67
SALINAS                           0               0.012               0.512                             10.438           796.78
MURRIETA                          0               0.012               0.512                              6.238          2953.13
MENIFEE                           0               0.012               0.512                              6.238             2025
ALTON                             0               0.012               0.512                              9.388           680.63
CLIFTON                           0               0.012               0.512                              7.728          2326.75
EL SOBRANTE                       0               0.012               0.512                              9.888          1177.64
KELLER                            0               0.012               0.512                              8.478          1053.12
LANCASTER                         0               0.012               0.512                              6.478          2327.65
PALMDALE                          0               0.012               0.512                              8.238          2070.83
EVERETT                           0               0.012               0.512                              9.688          2721.78
RESEDA                            0               0.012               0.512                              5.738          2707.85
SCOTTSDALE                        0               0.012               0.512                              6.238          4673.58
EL SOBRANTE                       0               0.012               0.512                              6.988             3245
EAST ORANGE                       0               0.012               0.512                              8.938          2494.89
FRISCO                            0               0.012               0.512                              6.338          1373.06
COSTA MESA                        0               0.012               0.512                              8.238          4528.12
PUYALLUP                          0               0.012               0.512                             10.238           746.79
COLLIERVILLE                      0               0.012               0.512                              8.488            643.7
FORT WORTH                        0               0.012               0.512                              7.478          1730.04
SAINT LOUIS                       0               0.012               0.512                              6.438           496.47
SEATTLE                           0               0.012               0.512                              6.838          1615.12
SEATTLE                           0               0.012               0.512                              9.238           251.74
KANSAS CITY                       0               0.012               0.512                              6.888          1559.59
LOVES PARK                        0               0.012               0.512                              8.388          1282.97
COEUR D ALENE                     0               0.012               0.512                              7.188           975.33
SEATAC                            0               0.012               0.512                              6.478          2883.38
LOS ANGELES                       0               0.012               0.512                             10.238           875.14
LOS ANGELES                       0               0.012               0.512                              5.978          1701.66
BATESVILLE                        0               0.012               0.512                              8.238          1734.68
DELRAY BEACH                      0               0.012               0.512                              6.688             4440
CITY OF UPLAND                    0               0.012               0.512                              6.788          3479.67
SAINT LOUIS                       0               0.012               0.512                             11.238           121.13
FORT SMITH                        0               0.012               0.512                              9.438           610.85
LOS ANGELES                       0               0.012               0.512                              7.988          3045.83
FONTANA                           0               0.012               0.512                              5.438          2342.04
LAMAR                             0               0.012               0.512                              8.038           834.26
OXON HILL                         0               0.012               0.512                              6.478          1407.32
FAIRHAVEN                         0               0.012               0.512                             10.488           364.27
HYANNIS                           0               0.012               0.512                              6.663          2098.69
FORT WORTH                        0               0.012               0.512                              8.988           673.53
HUNTINGTON PARK                   0               0.012               0.512                             10.738          1103.36
CAPE GIRARDEAU                    0               0.012               0.512                              9.488           671.35
WYOMING                           0               0.012               0.512                              9.488           1483.1
BALTIMORE                         0               0.012               0.512                              8.588          1138.59
BURBANK                           0               0.012               0.512                             10.238           793.46
SPOKANE                           0               0.012               0.512                              8.853          1167.38
CLOVIS                            0               0.012               0.512                              6.038           824.64
SPRING VALLEY                     0               0.012               0.512                              6.338          5565.62
MURRIETA                          0               0.012               0.512                              9.138           724.05
FLOSSMOOR                         0               0.012               0.512                              6.238          5967.11
BELVIDERE                         0               0.012               0.512                              7.478          2162.55
PFLUGERVILLE                      0               0.012               0.512                              8.488           111.95
GALENA PARK                       0               0.012               0.512                              8.488           125.85
COLUMBIA                          0               0.012               0.512                              8.138          1597.34
CHICAGO                           0               0.012               0.512                             10.988           197.07
WEST LINN                         0               0.012               0.512                              6.488          1572.11
TOMBALL                           0               0.012               0.512                              8.488           258.76
WEST VALLEY CIT                   0               0.012               0.512                              9.988           473.52
HOUSTON                           0               0.012               0.512                              8.288           592.71
LONG BEACH                        0               0.012               0.512                              6.438          2713.99
KISSIMMEE                         0               0.012               0.512                              8.478          2049.96
KATY                              0               0.012               0.512                              8.188          1180.15
TAMPA                             0               0.012               0.512                              6.438          1772.37
YOUNGSTOWN                        0               0.012               0.512                              8.888          1249.52
PALO                              0               0.012               0.512                              8.938          2260.47
LYNN                              0               0.012               0.512                              6.338          1736.44
TURRELL                           0               0.012               0.512                              6.838           418.14
PEMBROKE PINES                    0               0.012               0.512                              8.088          2759.17
LITTLETON                         0               0.012               0.512                             10.988            326.8
FORT VALLEY                       0               0.012               0.512                              8.288          1557.98
SAN BERNARDINO                    0               0.012               0.512                             11.088           561.34
PHENIX                            0               0.012               0.512                              8.738            859.7
OAK PARK                          0               0.012               0.512                             11.238           746.97
KANSAS CITY                       0               0.012               0.512                              9.038           675.61
LONG BEACH                        0               0.012               0.512                              6.613          5343.75
WICHITA                           0               0.012               0.512                              9.388           687.46
CORONA                            0               0.012               0.512                              8.138          2622.39
PUTNAM CT 06260                   0               0.012               0.512                              7.638           1488.5
WHITTIER AREA                     0               0.012               0.512                              6.338          2227.89
QUARTZ HILL ARE                   0               0.012               0.512                             10.988           668.35
KANSAS CITY                       0               0.012               0.512                              9.278           724.16
SAN JUAN                          0               0.012               0.512                              9.338           485.25
NEWTON                            0               0.012               0.512                              8.988           731.55
MAQUOKETA                         0               0.012               0.512                              8.188          1887.35
PRAIRIE CITY                      0               0.012               0.512                              6.388          1774.93
KANSAS CITY                       0               0.012               0.512                              8.188            636.1
EAGLE MOUNTAIN                    0               0.012               0.512                             11.238           317.97
YORBA LINDA                       0               0.012               0.512                             11.238          2523.53
INGLEWOOD                         0               0.012               0.512                              8.113          4132.81
MINDEN                            0               0.012               0.512                              6.988          1392.84
HOUSTON                           0               0.012               0.512                              6.538           711.46
IOLA                              0               0.012               0.512                              5.938           422.55
KANSAS CITY                       0               0.012               0.512                              8.238           534.96
SAINT LOUIS                       0               0.012               0.512                              8.688           840.36
HOUSTON                           0               0.012               0.512                              8.238           393.36
CHICAGO                           0               0.012               0.512                              7.738          2298.88
FORT WORTH                        0               0.012               0.512                              9.863           1154.4
FLORISSANT                        0               0.012               0.512                              8.188          1268.75
KANSAS CITY                       0               0.012               0.512                              8.988            584.4
ISSAQUAH                          0               0.012               0.512                              6.188          4912.85
FRESNO                            0               0.012               0.512                             11.088            678.6
REDMOND                           0               0.012               0.512                              8.638          4956.25
CHICAGO                           0               0.012               0.512                              9.738          1971.43
COSTA MESA                        0               0.012               0.512                              6.478          3848.38
TEMPE                             0               0.012               0.512                              7.138           918.83
CARROLLTON                        0               0.012               0.512                              6.388          1572.12
HOUSTON                           0               0.012               0.512                              7.988          2399.02
UNIC AREA OF LA                   0               0.012               0.512                              9.478           745.31
KANSAS CITY                       0               0.012               0.512                              8.788          1118.82
SAINT LOUIS                       0               0.012               0.512                              7.988           961.15
OMAHA                             0               0.012               0.512                              9.338          1246.33
DAVENPORT                         0               0.012               0.512                              7.338          1053.18
DAVENPORT                         0               0.012               0.512                              7.338            263.3
LEAVENWORTH                       0               0.012               0.512                              9.088          1166.22
SPANAWAY                          0               0.012               0.512                              7.738          1533.26
PORT ORCHARD                      0               0.012               0.512                              6.287          1163.29
POST FALLS                        0               0.012               0.512                              7.588              864
POST FALLS                        0               0.012               0.512                             10.388           302.33
IONA                              0               0.012               0.512                              6.988           699.22
POULSBO                           0               0.012               0.512                              6.343          1410.99
BELLINGHAM                        0               0.012               0.512                              8.988          2335.42
SPANAWAY                          0               0.012               0.512                              6.788          1259.25
GERVAIS                           0               0.012               0.512                              8.778          1827.03
HARRISBURG                        0               0.012               0.512                              6.788             1168
HARRISBURG                        0               0.012               0.512                             10.638           462.57
TACOMA                            0               0.012               0.512                              7.938          1866.04
VANCOUVER                         0               0.012               0.512                              6.288          1654.67
NORTH LAS VEGAS                   0               0.012               0.512                              6.788          1700.22
NORTH LAS VEGAS                   0               0.012               0.512                             10.738           602.19
BURLINGTON                        0               0.012               0.512                              5.988          1142.78
PORT ORCHARD                      0               0.012               0.512                              7.438          2424.54
ONTARIO                           0               0.012               0.512                              8.038          1436.96
APPLE VALLEY                      0               0.012               0.512                              7.238          1692.08
120-120 1/2 41S                   0               0.012               0.512                              9.478          5519.48
NORWALK                           0               0.012               0.512                              7.438           3577.5
NORWALK                           0               0.012               0.512                             10.988           1336.9
CARSON                            0               0.012               0.512                              7.038          2516.67
120-120 1/2 41S                   0               0.012               0.512                              9.888          1061.51
LONG BEACH                        0               0.012               0.512                              6.038          2693.93
WINNETKA                          0               0.012               0.512                              7.238          3249.51
WINNETKA                          0               0.012               0.512                             10.738          1221.85
RIVERSIDE                         0               0.012               0.512                             10.738           553.62
AREA OF LOS ANG                   0               0.012               0.512                              6.988             2125
LONG BEACH                        0               0.012               0.512                              6.988              915
REDONDO BEACH                     0               0.012               0.512                              7.238             6200
SURPRISE                          0               0.012               0.512                              8.238          1995.23
RANCHO CUCAMONG                   0               0.012               0.512                              8.738          3260.62
ORANGE                            0               0.012               0.512                              6.238           2587.5
ORANGE                            0               0.012               0.512                              9.988          1051.96
FONTANA                           0               0.012               0.512                              6.888             2146
(STUDIO CITY AR                   0               0.012               0.512                              8.238          6927.08
PALMDALE                          0               0.012               0.512                              8.388          3504.37
HEMET                             0               0.012               0.512                              9.238          2396.88
LOS ANGELES                       0               0.012               0.512                              8.438           5101.5
LOS ANGELES                       0               0.012               0.512                              7.038          3114.37
LOS ANGELES                       0               0.012               0.512                              6.628          1910.04
SAN BERNARDINO                    0               0.012               0.512                              7.338           2119.5
FONTANA                           0               0.012               0.512                              7.988          4533.33
LOS ANGELES                       0               0.012               0.512                              7.088          3364.58
LONG BEACH                        0               0.012               0.512                              6.438          2372.37
(LA PUENTE AREA                   0               0.012               0.512                              8.363          5058.75
VAN NUYS AREA L                   0               0.012               0.512                              6.363          2140.42
SAN DIMAS                         0               0.012               0.512                              8.113          4204.69
OXNARD                            0               0.012               0.512                              6.738          2947.01
AREA OF HEMET                     0               0.012               0.512                              8.688             1656
HESPERIA                          0               0.012               0.512                              8.478          1680.28
STOCKTON                          0               0.012               0.512                              7.478          1771.12
LAKEWOOD                          0               0.012               0.512                              7.338             2983
FONTANA                           0               0.012               0.512                              7.863          2093.75
LAWNDALE                          0               0.012               0.512                              7.363          4128.47
CANOGA PARK ARE                   0               0.012               0.512                              8.188             3016
FALLBROOK                         0               0.012               0.512                              8.238          3558.33
LAS VEGAS                         0               0.012               0.512                              8.188           1734.2
LOS ANGELES                       0               0.012               0.512                              7.438          3209.81
COMPTON                           0               0.012               0.512                              7.138          2844.84
BALDWIN PARK                      0               0.012               0.512                              7.988          2408.33
CYPRESS                           0               0.012               0.512                              6.438          3938.33
COMPTON                           0               0.012               0.512                              7.478          2082.19
LOS ANGELES                       0               0.012               0.512                              7.238          3109.69
LOS ANGELES                       0               0.012               0.512                              7.388           4700.5
LONG BEACH                        0               0.012               0.512                              6.238             3060
LONG BEACH                        0               0.012               0.512                             10.138            944.5
SANTA ANA                         0               0.012               0.512                              5.838          3795.64
LOS ANGELES                       0               0.012               0.512                              8.478          2996.67
SAN DIEGO                         0               0.012               0.512                              7.113           1677.5
AREA OF SYLMAR                    0               0.012               0.512                              6.863          1843.75
CHINO                             0               0.012               0.512                              8.838          3389.37
AREA OF BLOOMIN                   0               0.012               0.512                              6.478          1649.64
LOS ANGELES                       0               0.012               0.512                              7.038          3900.83
(COMPTON AREA)                    0               0.012               0.512                              7.238          2583.33
PROVO                             0               0.012               0.512                              7.938           915.42
ADELANTO                          0               0.012               0.512                              8.038              798
KENNEWICK                         0               0.012               0.512                              7.838           573.37
PORTLAND                          0               0.012               0.512                              7.113          1458.28
COEUR D ALENE                     0               0.012               0.512                              8.888             1128
EATONVILLE                        0               0.012               0.512                              7.238          1203.18
FEDERAL WAY                       0               0.012               0.512                              8.088          2276.82
PORTLAND                          0               0.012               0.512                              7.938          1567.99
RENTON                            0               0.012               0.512                              6.478          2351.84
SPANAWAY                          0               0.012               0.512                              7.138          1462.78
SPANAWAY                          0               0.012               0.512                             10.738           247.63
SEATTLE                           0               0.012               0.512                              9.288          2286.67
SUMNER                            0               0.012               0.512                              7.988          1770.83
LAKE FOREST                       0               0.012               0.512                              7.487          4419.45
MARYSVILLE                        0               0.012               0.512                              8.488             2100
ASHFORD                           0               0.012               0.512                             10.988           148.55
RATHDRUM                          0               0.012               0.512                              8.478          1432.78
ABERDEEN                          0               0.012               0.512                              8.138           592.42
MILWAUKIE                         0               0.012               0.512                              7.438          1624.05
REDMOND                           0               0.012               0.512                              7.288             1066
TACOMA                            0               0.012               0.512                              7.888             1855
PUYALLUP                          0               0.012               0.512                              6.863          1462.71
PUYALLUP                          0               0.012               0.512                              7.388          2613.58
KENNEWICK                         0               0.012               0.512                             10.988           153.01
PORTLAND                          0               0.012               0.512                              7.988          1501.67
MULWAUKIE                         0               0.012               0.512                              6.678          1647.71
MALAGA                            0               0.012               0.512                              8.288           632.22
PORT ORCHARD                      0               0.012               0.512                              5.938            919.4
BUCKLEY                           0               0.012               0.512                              7.938          2304.08
BONNEY LAKE                       0               0.012               0.512                              6.088          1311.75
NAMPA                             0               0.012               0.512                              8.088          1164.02
TACOMA                            0               0.012               0.512                              7.338          1171.32
TACOMA                            0               0.012               0.512                             10.888           195.51
LAKEWOOD                          0               0.012               0.512                              6.038          1944.21
OLYMPIA                           0               0.012               0.512                              6.788          1546.69
COEUR D ALENE                     0               0.012               0.512                             10.988           178.26
TACOMA                            0               0.012               0.512                              7.088          1122.52
SPOKANE                           0               0.012               0.512                              9.238           736.36
SEATTLE                           0               0.012               0.512                              6.038          1908.23
ABERDEEN                          0               0.012               0.512                              7.088           884.13
COVINGTON                         0               0.012               0.512                              7.238           1286.5
TACOMA                            0               0.012               0.512                              7.988          1133.33
EUGENE                            0               0.012               0.512                              7.478          1976.19
TACOMA                            0               0.012               0.512                              7.988          1566.55
PHOENIX                           0               0.012               0.512                              7.888          1645.57
SUMNER                            0               0.012               0.512                              7.088          1633.16
EUGENE                            0               0.012               0.512                              6.113           870.32
SEATTLE                           0               0.012               0.512                              7.088          2528.27
WOODINVILLE                       0               0.012               0.512                              5.788          2649.21
TACOMA                            0               0.012               0.512                              6.988           1262.5
SHELTON                           0               0.012               0.512                              8.588          2027.14
EVERETT                           0               0.012               0.512                              8.458          2653.63
PASADENA                          0               0.012               0.512                             10.478           618.52
SIMI VALLEY                       0               0.012               0.512                              6.238          3152.81
VICTORVILLE                       0               0.012               0.512                              7.638          2042.97
PALMDALE                          0               0.012               0.512                              8.738          2628.54
LOS ANGELES                       0               0.012               0.512                             10.738            436.1
SAN DIEGO                         0               0.012               0.512                              6.478          3090.54
BUENA PARK                        0               0.012               0.512                              6.838             2205
TRABUCO CANYON                    0               0.012               0.512                              9.113          3047.92
CHATSWORTH                        0               0.012               0.512                              8.113          4456.25
CORONA                            0               0.012               0.512                             10.488           778.53
BELLFLOWER                        0               0.012               0.512                              6.488          3539.41
LOS ANGELES                       0               0.012               0.512                              8.538          3242.92
HAWTHORNE                         0               0.012               0.512                              8.163          2226.58
IRVINE                            0               0.012               0.512                              6.038          4678.25
SANTA PAULA                       0               0.012               0.512                              6.438          2546.02
LAKEWOOD                          0               0.012               0.512                              5.838          2759.06
ALHAMBRA                          0               0.012               0.512                              7.788          3952.87
SACRAMENTO                        0               0.012               0.512                              7.048          1656.28
LOS ANGELES                       0               0.012               0.512                              7.438           2316.1
SAN BERNARDINO                    0               0.012               0.512                              7.838          1843.96
STOCKTON                          0               0.012               0.512                              7.588          1916.33
LONG BEACH                        0               0.012               0.512                              6.488          3383.33
KLAMATH FALLS                     0               0.012               0.512                              7.438           547.72
BELLINGHAM                        0               0.012               0.512                             10.988           196.92
PORTLAND                          0               0.012               0.512                             10.988           340.17
PUYALLUP                          0               0.012               0.512                              6.363          2340.36
TACOMA                            0               0.012               0.512                              9.188           1041.3
WASILLA                           0               0.012               0.512                             10.988            339.1
SPOKANE                           0               0.012               0.512                              8.638          1074.35
WENDELL                           0               0.012               0.512                              8.788           569.12
PAYETTE                           0               0.012               0.512                              8.888           657.88
TACOMA                            0               0.012               0.512                              6.538          1108.61
SUQUAMISH                         0               0.012               0.512                              6.438           1019.4
PORTLAND                          0               0.012               0.512                              7.438          1183.22
TACOMA                            0               0.012               0.512                             10.988           185.19
PUYALLUP                          0               0.012               0.512                              9.838           153.16
UNIVERSITY PLAC                   0               0.012               0.512                              6.478          1510.13
COVINGTON                         0               0.012               0.512                             10.988           583.78
TWIN FALLS                        0               0.012               0.512                             10.238            157.3
GIG HARBOR                        0               0.012               0.512                              7.978          2735.55
SHELTON                           0               0.012               0.512                              6.238           950.63
PORTLAND                          0               0.012               0.512                              9.638           2417.2
SPRINGFIELD                       0               0.012               0.512                             10.738           482.24
SEDRO WOOLLEY                     0               0.012               0.512                              8.188           1563.3
REPUBLIC                          0               0.012               0.512                              8.788            760.2
ABERDEEN                          0               0.012               0.512                              8.478          1189.78
OTHELLO                           0               0.012               0.512                              7.478           608.45
BOTHELL                           0               0.012               0.512                             10.988           222.82
SPOKANE                           0               0.012               0.512                              8.038           971.76
SPOKANE                           0               0.012               0.512                             10.988           219.85
VALHALLA                          0               0.012               0.512                              4.838          2792.07
MONCKS CORNER                     0               0.012               0.512                              8.848          1094.81
BANGOR                            0               0.012               0.512                              8.388          1156.29
TRENTON                           0               0.012               0.512                              9.478           928.57
LANHAM                            0               0.012               0.512                              6.387          4395.71
LOWELL                            0               0.012               0.512                              8.588          1808.62
LOWELL                            0               0.012               0.512                             10.888           130.21
CALUMET CITY                      0               0.012               0.512                              8.738          1132.83
CALUMET CITY                      0               0.012               0.512                             10.988           240.65
TOWER CITY                        0               0.012               0.512                              9.538           1454.1
MARKHAM                           0               0.012               0.512                              9.388          1235.68
SAINT CLAIR SHO                   0               0.012               0.512                              9.988           828.07
ATLANTA                           0               0.012               0.512                              8.288           948.33
MONTICELLO                        0               0.012               0.512                              9.723            375.9
NORRIDGE                          0               0.012               0.512                              7.988          5497.74
BROOKLYN PARK                     0               0.012               0.512                              7.738          1196.02
DETROIT                           0               0.012               0.512                              8.638           468.88
DETROIT                           0               0.012               0.512                             10.888            98.27
CANTON                            0               0.012               0.512                              6.238          1235.68
BOYNTON BEACH                     0               0.012               0.512                              7.988           905.38
CHICAGO                           0               0.012               0.512                              9.238          4940.14
DECATUR                           0               0.012               0.512                              9.478          1425.25
GARY                              0               0.012               0.512                              7.438           1163.9
GARY                              0               0.012               0.512                             10.638           286.22
HAMPTON                           0               0.012               0.512                              9.038          1017.45
ADDISON                           0               0.012               0.512                              8.888           2125.6
PALATINE                          0               0.012               0.512                              8.688          2474.37
ROBBINSDALE                       0               0.012               0.512                              9.714           327.33
LITTLE FALLS                      0               0.012               0.512                              7.688           1157.9
PRINCETON                         0               0.012               0.512                              9.098          1234.55
BROOKLYN PARK                     0               0.012               0.512                              6.688             1320
BROOKLYN PARK                     0               0.012               0.512                              9.714           491.88
LAND O LAKES                      0               0.012               0.512                              6.988          1860.27
CHASKA                            0               0.012               0.512                              6.788          1014.65
SAINT PAUL                        0               0.012               0.512                              9.238          1259.38
HANOVER PARK                      0               0.012               0.512                              9.788          1502.71
BUCKEYE                           0               0.012               0.512                              8.938          1698.21
KINGMAN                           0               0.012               0.512                             10.188           948.32
LAS VEGAS                         0               0.012               0.512                              6.888          5670.87
PHOENIX                           0               0.012               0.512                              8.288           2234.1
KANSAS CITY                       0               0.012               0.512                              7.738           613.04
KANSAS CITY                       0               0.012               0.512                             11.238           145.36
DETROIT                           0               0.012               0.512                              9.988           188.44
CHADWICK                          0               0.012               0.512                              9.388           980.12
RICHMOND                          0               0.012               0.512                             11.238          1292.05
NEW BEDFORD                       0               0.012               0.512                              8.938          1213.96
RICHMOND                          0               0.012               0.512                              8.738          1686.49
COLUMBIA                          0               0.012               0.512                              9.188          1286.87
BANGOR                            0               0.012               0.512                              8.838          1120.41
NASHUA                            0               0.012               0.512                              7.438          2110.52
CHARLOTTE                         0               0.012               0.512                             10.038          1018.53
DETROIT                           0               0.012               0.512                              8.938           418.61
CROWLEY                           0               0.012               0.512                              8.288           982.59
MIAMI                             0               0.012               0.512                              8.738          2055.87
RIDGELAND                         0               0.012               0.512                              9.438           436.94
RAILROAD FLAT                     0               0.012               0.512                              5.788          1004.06
LANCASTER                         0               0.012               0.512                              9.038           864.51
RIDGELAND                         0               0.012               0.512                              9.488            90.39
HALSTEAD                          0               0.012               0.512                              8.088           804.73
GILBERT                           0               0.012               0.512                              5.338          1357.93
GILBERT                           0               0.012               0.512                              9.888           631.47
DETROIT                           0               0.012               0.512                              7.738           588.46
BRYAN                             0               0.012               0.512                              9.238           955.81
LITTLE RIVER AC                   0               0.012               0.512                              6.238           897.48
SAN ANTONIO                       0               0.012               0.512                              9.288           549.63
LAREDO                            0               0.012               0.512                              7.288           596.06
LAREDO                            0               0.012               0.512                              8.488           166.56
HOUSTON                           0               0.012               0.512                              9.288           896.48
KINGWOOD                          0               0.012               0.512                              8.838          1165.23
HOUSTON                           0               0.012               0.512                              8.638           970.38
BAYTOWN                           0               0.012               0.512                              9.938           478.28
LA PORTE                          0               0.012               0.512                              8.738           896.72
BAYTOWN                           0               0.012               0.512                              8.488            84.49
BACLIFF                           0               0.012               0.512                              8.488           724.17
HOUSTON                           0               0.012               0.512                              8.638           970.84
AUSTIN                            0               0.012               0.512                              9.438           1013.7
DEER PARK                         0               0.012               0.512                              7.478          1060.97
FORT WORTH                        0               0.012               0.512                              8.238          1204.44
FORT WORTH                        0               0.012               0.512                              8.788          1446.03
COLUMBIA                          0               0.012               0.512                              8.938           912.56
JENKS                             0               0.012               0.512                              8.988          1861.66
MONCKS CORNER                     0               0.012               0.512                              6.988          1421.11
EL PASO                           0               0.012               0.512                              8.988           746.26
SAN ANTONIO                       0               0.012               0.512                              8.188           994.58
CARROLLTON                        0               0.012               0.512                              6.938           812.69
CARROLLTON                        0               0.012               0.512                              9.838          1296.59
GARLAND                           0               0.012               0.512                              7.488           843.83
EL PASO                           0               0.012               0.512                              9.138           894.42
BOLIVAR                           0               0.012               0.512                              9.088           814.24
ARLINGTON                         0               0.012               0.512                              8.738           778.81
DALLAS                            0               0.012               0.512                              8.138           505.17
MEMPHIS                           0               0.012               0.512                              7.478           858.48
HITCHCOCK                         0               0.012               0.512                              8.988          1400.45
DESOTO                            0               0.012               0.512                              8.588          1505.95
ATHENS                            0               0.012               0.512                              7.988          1353.29
BOWIE                             0               0.012               0.512                              8.838           788.44
BEDFORD                           0               0.012               0.512                              6.238          1102.25
DENISON                           0               0.012               0.512                              9.288           560.84
SAN MARCOS                        0               0.012               0.512                              6.478           3615.6
CEDAR HILL                        0               0.012               0.512                              8.538           767.82
GLENN HEIGHTS                     0               0.012               0.512                              7.288           719.88
IRVING                            0               0.012               0.512                              8.238           966.86
PRYOR                             0               0.012               0.512                             10.638            172.5
ROWLETT                           0               0.012               0.512                              8.388           791.06
BURLESON                          0               0.012               0.512                              7.738           806.11
BOWIE                             0               0.012               0.512                              7.938           841.92
BALCH SPRINGS                     0               0.012               0.512                              6.688           971.82
BALCH SPRINGS                     0               0.012               0.512                              8.488            203.3
MCKINNEY                          0               0.012               0.512                              8.138          2003.11
DALLAS                            0               0.012               0.512                              8.038          1049.78
WICHITA FALLS                     0               0.012               0.512                              7.688           658.03
FORT WORTH                        0               0.012               0.512                              6.988           710.22
GRAND PRAIRIE                     0               0.012               0.512                              9.138           668.17
BOWIE                             0               0.012               0.512                              8.088          2234.92
GULFPORT                          0               0.012               0.512                              8.338           952.63
MAYNARDVILLE                      0               0.012               0.512                              9.478           744.44
VILONIA                           0               0.012               0.512                              8.688           520.92
EL PASO                           0               0.012               0.512                              5.738          1403.84
FORT WORTH                        0               0.012               0.512                              8.988          1085.82
VICTORIA                          0               0.012               0.512                              8.738           723.14
LOWRY CROSSING                    0               0.012               0.512                              9.188          1528.76
HAYDEN                            0               0.012               0.512                              7.238          2079.39
TELEPHONE                         0               0.012               0.512                              9.088           508.05
GRAND PRAIRIE                     0               0.012               0.512                              9.338           979.16
HOUSTON                           0               0.012               0.512                              8.688           409.53
STANHOPE                          0               0.012               0.512                              9.638          1181.94
PORT NECHES                       0               0.012               0.512                              9.388            498.1
RICHMOND                          0               0.012               0.512                              9.188          1432.49
DALLAS                            0               0.012               0.512                              9.478          1197.32
SAN ANTONIO                       0               0.012               0.512                              8.688          1021.37
WILLIS                            0               0.012               0.512                              8.038          1631.63
KYLE                              0               0.012               0.512                              8.488          1241.06
HUMBLE                            0               0.012               0.512                              7.888            797.8
HUNTSVILLE                        0               0.012               0.512                              8.988            942.6
WILLIS                            0               0.012               0.512                              6.838           826.22
HOUSTON                           0               0.012               0.512                              9.863           452.71
KATY                              0               0.012               0.512                              9.438           755.91
HORIZON CITY                      0               0.012               0.512                              8.388           1307.8
NEW BRAUNFELS                     0               0.012               0.512                              7.538           986.08
PASADENA                          0               0.012               0.512                              9.238          1047.31
HOUSTON                           0               0.012               0.512                              8.788           933.73
LEANDER                           0               0.012               0.512                              8.938          1326.98
S. OGDEN                          0               0.012               0.512                              9.288           965.51
BILLINGS                          0               0.012               0.512                              9.478          1841.35
TOOELE                            0               0.012               0.512                              8.838          1145.37
LEHI                              0               0.012               0.512                              6.088           2000.9
WEST VALLEY                       0               0.012               0.512                              9.738          1344.16
SAINT GEORGE                      0               0.012               0.512                              8.908          1912.21
COLORADO SPRING                   0               0.012               0.512                              9.138          3163.74
WALDORF                           0               0.012               0.512                              8.088          1599.37
OWINGS MILLS                      0               0.012               0.512                              7.188          1989.17
CHICAGO                           0               0.012               0.512                              8.738          1769.06
CHICAGO                           0               0.012               0.512                             10.988           401.07
GLENDALE HEIGHT                   0               0.012               0.512                              9.388           775.35
LA MARQUE                         0               0.012               0.512                              8.188          1228.72
LAKE JACKSON                      0               0.012               0.512                              8.488           222.79
EL PASO                           0               0.012               0.512                              7.338           665.47
SHOREACRES                        0               0.012               0.512                              7.888          1283.93
EDINBURG                          0               0.012               0.512                              8.488           136.79
HOUSTON                           0               0.012               0.512                              8.938          1083.35
MONTGOMERY                        0               0.012               0.512                              9.888           861.91
ANGLETON                          0               0.012               0.512                              9.638          1341.91
HOUSTON                           0               0.012               0.512                              9.888           748.57
MAGNOLIA                          0               0.012               0.512                              8.238          1172.19
LEADWOOD                          0               0.012               0.512                             10.888            493.8
ST. LOUIS                         0               0.012               0.512                              6.988           601.33
LINCOLN                           0               0.012               0.512                              7.738           724.98
MILFORD                           0               0.012               0.512                              7.138          1372.92
SAINT LOUIS                       0               0.012               0.512                              9.988           548.85
JESUP                             0               0.012               0.512                              8.088          1443.91
LEAVENWORTH                       0               0.012               0.512                             10.738           160.26
MASON CITY                        0               0.012               0.512                              8.238           672.63
INDEPENDENCE                      0               0.012               0.512                              8.688           966.49
KANSAS CITY                       0               0.012               0.512                              5.838           457.97
ST. LOUIS                         0               0.012               0.512                              9.988           490.94
BLAIR                             0               0.012               0.512                              9.438           878.25
KANSAS CITY                       0               0.012               0.512                              7.388           684.06
DES MOINES                        0               0.012               0.512                              9.613           646.31
OMAHA                             0               0.012               0.512                              7.338           879.58
RAYMORE                           0               0.012               0.512                              6.038           818.75
SAINT LOUIS                       0               0.012               0.512                              9.238           824.79
FREEBURG                          0               0.012               0.512                             10.238           877.48
COUNCIL BLUFFS                    0               0.012               0.512                             10.363           924.04
OLATHE                            0               0.012               0.512                              8.088          1114.75
ST. LOUIS                         0               0.012               0.512                              9.988           128.98
CANTON                            0               0.012               0.512                              9.438           463.16
SIBLEY                            0               0.012               0.512                              9.888           626.02
SAINT LOUIS                       0               0.012               0.512                             11.238           605.65
TIFFIN                            0               0.012               0.512                              9.088            737.9
LEE'S SUMMIT                      0               0.012               0.512                              8.388          2122.63
KANSAS CITY                       0               0.012               0.512                              9.278           703.47
KANSAS CITY                       0               0.012               0.512                             10.888           510.99
SAINT LOUIS                       0               0.012               0.512                              9.188           894.82
COUNCIL BLUFFS                    0               0.012               0.512                              9.288           647.13
KANSAS CITY                       0               0.012               0.512                              9.438           608.22
SAINT LOUIS                       0               0.012               0.512                             10.478           620.43
KANSAS CITY                       0               0.012               0.512                             10.238           674.45
ST. LOUIS                         0               0.012               0.512                              8.888           608.51
LEON                              0               0.012               0.512                              8.788          1248.13
BELLEVUE                          0               0.012               0.512                              9.438           594.24
WICHITA                           0               0.012               0.512                              9.188           486.78
KANSAS CITY                       0               0.012               0.512                              7.438          1873.18
KANSAS CITY                       0               0.012               0.512                              8.938           560.93
OMAHA                             0               0.012               0.512                              8.538          1600.29
KANSAS CITY                       0               0.012               0.512                              7.988          1153.38
OVERLAND PARK                     0               0.012               0.512                              8.138           1099.2
HUTCHINSON                        0               0.012               0.512                              8.238          1136.79
BATES CITY                        0               0.012               0.512                              6.438          1578.75
COSBY                             0               0.012               0.512                              8.688          1226.67
WENATCHEE                         0               0.012               0.512                              7.438           1041.6
WEST LINN                         0               0.012               0.512                              7.388          2952.47
BREMERTON                         0               0.012               0.512                              7.938          2617.58
PORTLAND                          0               0.012               0.512                             10.538           291.14
CAMARILLO                         0               0.012               0.512                             10.988           906.12
QUARTZ HILL ARE                   0               0.012               0.512                              7.478          4044.34
CARSON                            0               0.012               0.512                              9.738            277.8
APPLE VALLEY AR                   0               0.012               0.512                             10.988           445.49
BUENA PARK                        0               0.012               0.512                              8.438          4357.51
QUARTZ HILL ARE                   0               0.012               0.512                              8.738          2385.76
WILMINGTON AREA                   0               0.012               0.512                             10.478           604.25
LOS ANGELES                       0               0.012               0.512                              6.488          2655.33
ADELANTO                          0               0.012               0.512                              6.088           1762.7
LANCASTER AREA                    0               0.012               0.512                              6.113          2028.51
NIPOMO                            0               0.012               0.512                             11.238          1087.14
CORONA                            0               0.012               0.512                              8.938          3779.21
VENTURA (AREA O                   0               0.012               0.512                              5.863          4067.64
NORTHRIDGE AREA                   0               0.012               0.512                              6.613          2021.16
NORTHRIDGE AREA                   0               0.012               0.512                              6.338          5569.71
WOODLAND HILLS                    0               0.012               0.512                              7.988          4958.33
POMONA                            0               0.012               0.512                              7.188             2233
VICTORVILLE                       0               0.012               0.512                              6.938           2059.3
HEMET                             0               0.012               0.512                             10.238           606.77
MATTAWA                           0               0.012               0.512                             10.488           178.57
COEUR D ALENE                     0               0.012               0.512                              9.338          1190.21
IDAHO FALLS                       0               0.012               0.512                             10.738           101.99
SPOKANE                           0               0.012               0.512                              5.813           645.43
EVERETT                           0               0.012               0.512                             10.738            301.1
SPOKANE                           0               0.012               0.512                             10.988           175.29
KANSAS CITY                       0               0.012               0.512                              9.938           592.16
CEDAR RAPIDS                      0               0.012               0.512                              8.788           636.26
OVERLAND PARK                     0               0.012               0.512                              7.888          1051.34
DES MOINES                        0               0.012               0.512                              8.738          1162.28
MAQUOKETA                         0               0.012               0.512                              8.238            609.7
ST. PETERS                        0               0.012               0.512                              7.588           843.08
GARDNER                           0               0.012               0.512                              7.178          1077.67
ABBYVILLE                         0               0.012               0.512                              8.538           662.75
ST. LOUIS                         0               0.012               0.512                              9.788           985.31
DES MOINES                        0               0.012               0.512                              8.678           707.42
MAQUOKETA                         0               0.012               0.512                             10.288           642.02
KANSAS CITY                       0               0.012               0.512                              8.738           762.63
PERRY                             0               0.012               0.512                              8.988          1114.14
OVERLAND PARK                     0               0.012               0.512                              9.188          1059.95
OLATHE                            0               0.012               0.512                              8.238          1368.96
KANSAS CITY                       0               0.012               0.512                              9.738            806.5
GRANDVIEW                         0               0.012               0.512                              8.088          1007.37
ADAIR                             0               0.012               0.512                              9.288           690.27
ASHLAND                           0               0.012               0.512                              8.588          1880.67
KANSAS CITY                       0               0.012               0.512                              6.338           683.84
VIOLA                             0               0.012               0.512                              6.988          1734.06
GRAIN VALLEY                      0               0.012               0.512                             10.988            250.3
MAQUOKETA                         0               0.012               0.512                              9.938           601.27
COLORADO SPRING                   0               0.012               0.512                              8.688          1258.87
KANSAS CITY                       0               0.012               0.512                             10.988           398.92
CRESTON                           0               0.012               0.512                              8.688           655.25
COVINGTON                         0               0.012               0.512                              8.088             1874
ELIZABETH CITY                    0               0.012               0.512                              8.438            852.3
FORT WALTON BEA                   0               0.012               0.512                             10.888          1179.21
ATLANTA                           0               0.012               0.512                              8.388          1586.91
MCHENRY                           0               0.012               0.512                              8.988          1412.14
HIALEAH                           0               0.012               0.512                              6.438          2316.82
LITHONIA                          0               0.012               0.512                              8.088           851.71
ORLANDO                           0               0.012               0.512                              7.738          1622.74
PORT SAINT LUCI                   0               0.012               0.512                              7.588          1762.98
CLERMONT                          0               0.012               0.512                              8.238          1954.17
MIAMI                             0               0.012               0.512                              7.938          1913.44
CHICAGO                           0               0.012               0.512                              9.338          1884.12
NORTH AUGUSTA                     0               0.012               0.512                              7.478           979.38
ATLANTA                           0               0.012               0.512                              9.088          1472.13
SUNRISE                           0               0.012               0.512                              7.938          2805.86
ATLANTA                           0               0.012               0.512                              8.478          1575.66
NORTHBROOK                        0               0.012               0.512                              7.738          4770.55
SNELLVILLE                        0               0.012               0.512                              8.478          1744.47
CAROL STREAM                      0               0.012               0.512                              6.988          2097.65
ELLENWOOD                         0               0.012               0.512                              9.088          1538.57
TAMPA                             0               0.012               0.512                              8.438          1545.99
COVINGTON                         0               0.012               0.512                              7.788           956.69
NEWNAN                            0               0.012               0.512                              6.988          1279.29
ELLENWOOD                         0               0.012               0.512                              8.238          1361.43
ORANGE PARK                       0               0.012               0.512                              7.638          4082.29
SCOTTSDALE                        0               0.012               0.512                             10.288          1374.21
CASA GRANDE                       0               0.012               0.512                             10.788           268.05
PHOENIX                           0               0.012               0.512                              6.638          1647.77
CASA GRANDE                       0               0.012               0.512                             10.988           282.56
QUEEN CREEK                       0               0.012               0.512                             10.988           253.13
PHOENIX                           0               0.012               0.512                              9.688          2119.42
SURPRISE                          0               0.012               0.512                             10.988           549.62
TUCSON                            0               0.012               0.512                             10.488           171.57
QUEEN CREEK                       0               0.012               0.512                              8.438             1432
CASA GRANDE                       0               0.012               0.512                              8.738          1357.42
NORTH LAS VEGAS                   0               0.012               0.512                             10.988            398.1
LAS VEGAS                         0               0.012               0.512                              6.238          1290.94
GOLD CANYON                       0               0.012               0.512                              8.988          3329.79
MAYER                             0               0.012               0.512                             10.188          1301.62
QUEEN CREEK                       0               0.012               0.512                              6.538          1013.68
KINGMAN                           0               0.012               0.512                             10.988           138.15
TUCSON                            0               0.012               0.512                              8.188          1370.49
SURPRISE                          0               0.012               0.512                             10.988           326.65
CASA GRANDE                       0               0.012               0.512                             10.738           324.75
LAS VEGAS                         0               0.012               0.512                              6.488          1611.46
GOODYEAR                          0               0.012               0.512                              6.938          1391.57
SURPRISE                          0               0.012               0.512                              6.288          2504.67
TOLLESON                          0               0.012               0.512                              6.938          1232.65
MESA                              0               0.012               0.512                              8.988          1107.83
QUEEN CREEK                       0               0.012               0.512                              6.638           876.53
LAS VEGAS                         0               0.012               0.512                             10.738           276.81
QUEEN CREEK                       0               0.012               0.512                             10.738           231.78
CASA GRANDE                       0               0.012               0.512                              7.588           988.95
LAS VEGAS                         0               0.012               0.512                              6.538          1286.63
AVONDALE                          0               0.012               0.512                              7.588          1405.69
FORT MOHAVE                       0               0.012               0.512                              6.238          1099.69
QUEEN CREEK                       0               0.012               0.512                              7.588          1057.43
GLENDALE                          0               0.012               0.512                              6.838          1248.98
SURPRISE                          0               0.012               0.512                              5.938          2339.68
NORTH LAS VEGAS                   0               0.012               0.512                              7.288          1231.43
SEDONA                            0               0.012               0.512                              7.138             3060
LAS VEGAS                         0               0.012               0.512                              7.438             1484
PHOENIX                           0               0.012               0.512                              8.038          1460.63
PHOENIX                           0               0.012               0.512                              6.938          1394.08
PHOENIX                           0               0.012               0.512                              7.038           906.41
QUEEN CREEK                       0               0.012               0.512                              8.188          1291.72
QUEEN CREEK                       0               0.012               0.512                              7.388           916.17
QUEEN CREEK                       0               0.012               0.512                              7.238          1020.39
SAHUARITA                         0               0.012               0.512                              6.588          1344.27
AMADO                             0               0.012               0.512                             10.288           905.38
TUCSON                            0               0.012               0.512                              8.238          1116.73
PHOENIX                           0               0.012               0.512                              8.938          1548.84
LAVEEN                            0               0.012               0.512                              6.778           930.91
SURPRISE                          0               0.012               0.512                              6.438          1757.61
PEORIA                            0               0.012               0.512                              7.113          1075.85
SURPRISE                          0               0.012               0.512                              7.088          1532.67
QUEEN CREEK                       0               0.012               0.512                              7.438           908.83
KINGMAN                           0               0.012               0.512                              8.878          1491.62
PHOENIX                           0               0.012               0.512                              7.138          1634.87
KANSAS CITY                       0               0.012               0.512                              8.238            668.7
INDEPENDENCE                      0               0.012               0.512                              8.938           653.03
CHARLES CITY                      0               0.012               0.512                              6.938           590.84
INDEPENDENCE                      0               0.012               0.512                              9.088           504.66
KANSAS CITY                       0               0.012               0.512                             10.288           468.63
SENECA                            0               0.012               0.512                             10.988            163.4
LEAVENWORTH                       0               0.012               0.512                              8.278            817.2
KANSAS CITY                       0               0.012               0.512                              7.788           618.93
DES MOINES                        0               0.012               0.512                              8.538           990.08
COUNCIL BLUFFS                    0               0.012               0.512                             10.988           304.52
KANSAS CITY                       0               0.012               0.512                              9.388            452.5
PALATINE                          0               0.012               0.512                              9.938          1388.85
PORT CHARLOTTE                    0               0.012               0.512                              7.338          1472.53
ATLANTA                           0               0.012               0.512                              9.338          1819.67
CHICAGO                           0               0.012               0.512                              8.238          2800.66
ATLANTA                           0               0.012               0.512                              9.288          3149.33
ST CLAIR SHORES                   0               0.012               0.512                              9.478          1078.51
CHICAGO                           0               0.012               0.512                              7.188          2138.89
LITHONIA                          0               0.012               0.512                             10.988           727.87
JACKSON                           0               0.012               0.512                              9.138          1276.88
AURORA                            0               0.012               0.512                              8.888           900.83
HOFFMAN ESTATES                   0               0.012               0.512                              8.238          2167.36
COON RAPIDS                       0               0.012               0.512                              6.888          1090.27
PLAINFIELD                        0               0.012               0.512                              8.988          1656.49
SCHAUMBURG                        0               0.012               0.512                              8.038          1552.65
JACKSONVILLE                      0               0.012               0.512                              6.638           547.08
DETROIT                           0               0.012               0.512                              9.478            526.1
RUFFIN                            0               0.012               0.512                              6.988           867.03
TITUSVILLE                        0               0.012               0.512                              6.438           992.93
ROSEVILLE                         0               0.012               0.512                              8.838           871.43
LAKELAND                          0               0.012               0.512                              6.788          1022.91
CHICAGO                           0               0.012               0.512                              8.188          1605.43
RIVERDALE                         0               0.012               0.512                              8.978          1052.07
CHICAGO                           0               0.012               0.512                              6.788             2336
CHICAGO HEIGHTS                   0               0.012               0.512                              9.478          1183.73
ROCKMART                          0               0.012               0.512                              8.238           814.24
BOGART                            0               0.012               0.512                              9.988          1024.51
EVANSVILLE                        0               0.012               0.512                              9.388           608.27
DETROIT                           0               0.012               0.512                              7.888            884.5
GAINESVILLE                       0               0.012               0.512                              9.238          2010.43
MIRAMAR                           0               0.012               0.512                              6.478          5766.75
MAYWOOD                           0               0.012               0.512                              7.478          1495.46
CHICAGO                           0               0.012               0.512                              9.038          2158.56
ROSEMONT                          0               0.012               0.512                              9.138          1064.78
NEWAYGO                           0               0.012               0.512                              8.738            874.1
NEWAYGO                           0               0.012               0.512                             10.888           184.26
ATLANTA                           0               0.012               0.512                             10.988           356.51
HARVEY                            0               0.012               0.512                              8.588           730.65
CHICAGO                           0               0.012               0.512                              8.888          1749.66
MILTON                            0               0.012               0.512                              6.438           562.66
WOODRIDGE                         0               0.012               0.512                              7.838           834.44
ST LOUIS PARK                     0               0.012               0.512                              7.638          1211.74
HIGH POINT                        0               0.012               0.512                              8.988           620.56
BELLEVILLE                        0               0.012               0.512                              6.978          1653.43
CONYERS                           0               0.012               0.512                              7.738          3005.07
COVINGTON                         0               0.012               0.512                             10.988           175.29
VALDOSTA                          0               0.012               0.512                              9.288           629.87
DEFUNIAK SPRING                   0               0.012               0.512                              8.578          1273.44
CHICAGO                           0               0.012               0.512                              9.638          3732.44
MACOMB                            0               0.012               0.512                              7.238          1278.75
HIALEAH                           0               0.012               0.512                              6.038           594.92
ELK RIVER                         0               0.012               0.512                              8.778          3034.73
LAFAYETTE                         0               0.012               0.512                              8.478           866.97
GATESVILLE                        0               0.012               0.512                              8.728          1117.86
AUGUSTA                           0               0.012               0.512                              9.288            667.4
MOUNT PROSPECT                    0               0.012               0.512                              9.088          3350.24
ROCHELLE                          0               0.012               0.512                              8.888          1146.16
MOUNT VERNON                      0               0.012               0.512                              9.188           962.43
DETROIT                           0               0.012               0.512                              9.338           628.22
TAMPA                             0               0.012               0.512                             10.738           458.93
TEMPLE                            0               0.012               0.512                              8.388            977.5
DOUGLASVILLE                      0               0.012               0.512                             10.488           179.04
ROSELLE                           0               0.012               0.512                              8.338          2762.61
ELMORE                            0               0.012               0.512                              9.723           604.12
CROSS                             0               0.012               0.512                              7.188          1018.11
LECANTO                           0               0.012               0.512                             10.988           495.15
DECATUR                           0               0.012               0.512                              6.438           852.57
AUBURN HILLS                      0               0.012               0.512                              8.478          1938.86
LOUISVILLE                        0               0.012               0.512                              9.488           616.94
GLENDALE HEIGHT                   0               0.012               0.512                              6.988          1684.67
RIVERVIEW                         0               0.012               0.512                             10.988           413.95
SOUTH HOLLAND                     0               0.012               0.512                              8.988          1891.17
CHICAGO                           0               0.012               0.512                              8.838          3077.71
MAYWOOD                           0               0.012               0.512                              7.038           443.39
CHICAGO                           0               0.012               0.512                              9.638          3105.93
LILBURN                           0               0.012               0.512                              8.828          1028.22
DEERFIELD                         0               0.012               0.512                              7.838          4705.31
NEW PORT RICHEY                   0               0.012               0.512                              6.288          1290.82
GLENWOOD                          0               0.012               0.512                              8.088          1372.17
INDIANAPOLIS                      0               0.012               0.512                              9.038            788.9
UNION                             0               0.012               0.512                              8.938           745.12
CHICAGO                           0               0.012               0.512                              7.288          2361.18
SANFORD                           0               0.012               0.512                              9.638          1791.47
ORLAND PARK                       0               0.012               0.512                              6.688          2307.88
ELGIN                             0               0.012               0.512                              8.238          1573.41
BELLWOOD                          0               0.012               0.512                              7.778          1287.02
JOLIET                            0               0.012               0.512                              8.438           748.97
STERLING HEIGHT                   0               0.012               0.512                              9.138          2231.77
IXONIA                            0               0.012               0.512                              7.288          1420.57
BERWYN                            0               0.012               0.512                              9.638          1333.02
WHEATON                           0               0.012               0.512                              8.238           5265.2
SAUK VILLAGE                      0               0.012               0.512                              9.478           982.06
GRAND RAPIDS                      0               0.012               0.512                              9.478           998.72
CHICAGO                           0               0.012               0.512                              8.288          2410.34
CHICAGO                           0               0.012               0.512                              6.688          1846.31
CHICAGO HEIGHTS                   0               0.012               0.512                              9.188           961.57
DETROIT                           0               0.012               0.512                              9.238           841.98
HAZEL PARK                        0               0.012               0.512                              9.738          1104.45
ROCKFORD                          0               0.012               0.512                              9.738           639.06
HOLIDAY                           0               0.012               0.512                              8.238           991.25
WESTCHESTER                       0               0.012               0.512                             10.038          2224.29
MACHESNEY PARK                    0               0.012               0.512                              9.088            751.9
CUMMING                           0               0.012               0.512                              8.113          3393.77
BRADENTON                         0               0.012               0.512                              6.588           860.21
GLENN DALE                        0               0.012               0.512                              7.988          2408.33
CHARLOTTE                         0               0.012               0.512                              8.988          1519.72
COLLEGE PARK                      0               0.012               0.512                              8.478           643.13
MONTGOMERY                        0               0.012               0.512                              8.038           2520.2
BANGOR                            0               0.012               0.512                              8.478          1342.52
ROCHESTER HILLS                   0               0.012               0.512                              9.478          2955.38
FOX LAKE                          0               0.012               0.512                              7.988          1176.44
ULEN                              0               0.012               0.512                              6.688           644.85
STONE MOUNTAIN                    0               0.012               0.512                              8.038          1815.29
ROCKMART                          0               0.012               0.512                              6.088           728.08
ROCKMART                          0               0.012               0.512                             10.988           282.24
SALEM                             0               0.012               0.512                              9.238           531.82
PROVIDENCE                        0               0.012               0.512                              8.478          1063.42
REDDICK                           0               0.012               0.512                              8.038           698.31
CHICAGO HEIGHTS                   0               0.012               0.512                              8.808           1980.5
HUDSON                            0               0.012               0.512                              9.388           867.06
KENDUSKEAG                        0               0.012               0.512                              6.838           694.49
SKOWHEGAN                         0               0.012               0.512                              8.438          1151.88
STAFFORD                          0               0.012               0.512                              6.238          1898.44
AGAWAM                            0               0.012               0.512                              5.338           1642.4
NEW LENOX                         0               0.012               0.512                              7.438          1857.84
UPPER MARLBORO                    0               0.012               0.512                              6.338          1922.55
BRIDGEVIEW                        0               0.012               0.512                              9.088            924.5
WASHINGTON                        0               0.012               0.512                              8.188          2036.15
MAPLEWOOD                         0               0.012               0.512                             10.638           848.04
BROOKLINE                         0               0.012               0.512                              5.988          1386.77
3EST WARWICK                      0               0.012               0.512                             10.888           331.51
WESTBROOK                         0               0.012               0.512                              8.688          1433.35
RALEIGH                           0               0.012               0.512                              7.378          1429.35
BROOKLYN                          0               0.012               0.512                              7.938          4436.25
ATLANTA                           0               0.012               0.512                             10.988           308.98
ELK RIVER                         0               0.012               0.512                              8.438          1762.27
CARMEL                            0               0.012               0.512                              9.188           624.51
DISTRICT HEIGHT                   0               0.012               0.512                              7.338          1913.24
EVANSVILLE                        0               0.012               0.512                              9.738           525.12
BROOKLYN                          0               0.012               0.512                              6.188          2903.76
ZEBULON                           0               0.012               0.512                              8.988          1530.36
NORTH ADAMS                       0               0.012               0.512                              8.388           945.63
JONESBORO                         0               0.012               0.512                              8.838          1087.22
HAMPSTEAD                         0               0.012               0.512                             10.278          1638.86
MOREHEAD CITY                     0               0.012               0.512                              7.538          3823.75
LITTLETON                         0               0.012               0.512                              5.988          3097.14
WILMINGTON                        0               0.012               0.512                              8.038          1149.04
COLUMBIA                          0               0.012               0.512                              8.038           908.23
WARREN                            0               0.012               0.512                              9.478           990.83
LOCKPORT                          0               0.012               0.512                              9.238          1073.95
FLORHAM PARK                      0               0.012               0.512                              9.088          5999.99
BURNHAM                           0               0.012               0.512                             10.738           335.09
BALTIMORE                         0               0.012               0.512                              6.138           1893.8
GREENSBORO                        0               0.012               0.512                              7.763          2895.56
SAINT ALBANS                      0               0.012               0.512                              6.478           2609.6
IRVINGTON                         0               0.012               0.512                              9.638          1466.32
BREWER                            0               0.012               0.512                              8.288          1462.01
CHICAGO                           0               0.012               0.512                              6.638          2438.22
SANFORD                           0               0.012               0.512                              6.438           964.79
DORCHESTER                        0               0.012               0.512                             10.388           460.58
GAINESVILLE                       0               0.012               0.512                             10.738           320.33
SILVER SPRING                     0               0.012               0.512                              7.038          2287.81
ROCKFORD                          0               0.012               0.512                              9.938           911.01
HERMON                            0               0.012               0.512                              6.978           695.74
TWO HARBORS                       0               0.012               0.512                              9.723           147.68
BALTIMORE                         0               0.012               0.512                              7.038            716.7
WEST STEWARTSTO                   0               0.012               0.512                              9.038           467.44
LOWELL                            0               0.012               0.512                             10.738           512.83
MIDLOTHIAN                        0               0.012               0.512                              8.388          1500.62
PRINCESS ANNE                     0               0.012               0.512                              6.388           889.12
CHICOPEE                          0               0.012               0.512                             10.988           222.82
LOWELL                            0               0.012               0.512                              7.288           815.88
LOWELL                            0               0.012               0.512                             10.988           296.89
SOUTH OZONE PAR                   0               0.012               0.512                              7.088          3954.02
HIGH POINT                        0               0.012               0.512                              8.638           852.14
ROSEVILLE                         0               0.012               0.512                              7.738          1014.21
BALTIMORE                         0               0.012               0.512                              7.038          1680.72
COUNTRY CLUB HI                   0               0.012               0.512                              7.478          2235.86
SPRINGFIELD                       0               0.012               0.512                              6.478           973.94
SPRINGFIELD                       0               0.012               0.512                             10.738           405.99
ATHENS                            0               0.012               0.512                             10.288           655.14
GASTONIA                          0               0.012               0.512                             10.738           115.24
ESSEX JUNCTION                    0               0.012               0.512                              6.488            864.9
SAINT ALBANS                      0               0.012               0.512                              5.838          2115.61
DIXFIELD                          0               0.012               0.512                              7.988           637.05
CORONA                            0               0.012               0.512                              6.478          3538.02
BALTIMORE                         0               0.012               0.512                              7.088           640.77
BAY SHORE                         0               0.012               0.512                              7.088           898.39
NORTH EAST                        0               0.012               0.512                              8.938          1423.26
EVERETT                           0               0.012               0.512                             10.988           415.78
EDEN                              0               0.012               0.512                              6.278           509.94
CHARLOTTE                         0               0.012               0.512                              8.478          1079.16
CRYSTAL LAKE                      0               0.012               0.512                              8.088          1353.37
BALTIMORE                         0               0.012               0.512                              8.588            927.1
COVENTRY                          0               0.012               0.512                              6.538          1619.84
FRANKLINVILLE                     0               0.012               0.512                              7.988          1110.64
STEUBEN                           0               0.012               0.512                              6.478          1020.44
NEWARK                            0               0.012               0.512                              6.588          1156.83
CORINNA                           0               0.012               0.512                              6.788            641.7
ATLANTA                           0               0.012               0.512                             11.238           151.42
LEXINGTON                         0               0.012               0.512                              7.478            868.9
HIBBING                           0               0.012               0.512                              9.338           587.84
SCHAUMBURG                        0               0.012               0.512                             10.388           349.57
UPPER MARLBORO                    0               0.012               0.512                              5.438          1472.08
LIVERMORE FALLS                   0               0.012               0.512                              6.338           491.45
DETROIT                           0               0.012               0.512                              9.138            511.1
BALTIMORE                         0               0.012               0.512                              9.338           589.23
METROPOLIS                        0               0.012               0.512                              9.938           455.51
JAMAICA                           0               0.012               0.512                              6.188          2439.16
SOMERSWORTH                       0               0.012               0.512                              6.988          1887.88
BURLINGTON                        0               0.012               0.512                              8.438          1062.81
RANDALLSTOWN                      0               0.012               0.512                              7.338          1465.33
ROSELLE                           0               0.012               0.512                              8.588          2825.17
CLINTON                           0               0.012               0.512                              7.238           476.35
CLINTON                           0               0.012               0.512                             10.738           170.95
RICHMOND                          0               0.012               0.512                              8.738           678.71
WINSTON SALEM                     0               0.012               0.512                              7.988           422.91
STRASBURG                         0               0.012               0.512                              7.838          1501.46
BEMIDJI                           0               0.012               0.512                              6.478           556.93
DEKALB                            0               0.012               0.512                              7.588          1518.54
EVANSVILLE                        0               0.012               0.512                              7.188           534.73
GLEN BURNIE                       0               0.012               0.512                              6.188           935.66
SPRINGFIELD                       0               0.012               0.512                              9.088          1823.55
UNIVERSITY PARK                   0               0.012               0.512                              9.438          1572.11
LINWOOD                           0               0.012               0.512                              8.088           980.71
PATERSON                          0               0.012               0.512                              8.438          3070.06
BRISTOL                           0               0.012               0.512                              6.363          1697.51
CHICAGO                           0               0.012               0.512                              6.838           2011.8
CHICAGO                           0               0.012               0.512                              8.088          1163.25
INVER GROVE HEI                   0               0.012               0.512                              6.338          1318.83
KNAPP                             0               0.012               0.512                              8.338           857.37
ALEXANDRIA                        0               0.012               0.512                              9.723           159.76
AMERY                             0               0.012               0.512                              8.478          1205.86
CHICAGO                           0               0.012               0.512                             10.988           173.31
NORTH SAINT PAU                   0               0.012               0.512                              6.638           1161.7
OXFORD                            0               0.012               0.512                             10.988           139.83
RALEIGH                           0               0.012               0.512                              7.888           846.79
LEVERING                          0               0.012               0.512                              9.378          1111.17
AURORA                            0               0.012               0.512                              7.388          1114.27
PORTLAND                          0               0.012               0.512                              6.688          1601.95
MUNDELEIN                         0               0.012               0.512                              7.478          1440.53
PORTLAND                          0               0.012               0.512                             10.988           584.28
ROLLING MEADOWS                   0               0.012               0.512                              9.738          1254.55
GLENBURN                          0               0.012               0.512                              7.088          1101.48
DETROIT                           0               0.012               0.512                              8.638           831.75
BENTON                            0               0.012               0.512                              5.988          1524.44
BURLINGTON                        0               0.012               0.512                              8.338          1006.78
SWANTON                           0               0.012               0.512                              6.938          1075.98
DETROIT                           0               0.012               0.512                              9.338          1013.82
CHICAGO                           0               0.012               0.512                              7.238          1725.13
CHARLESTOWN                       0               0.012               0.512                              6.438          1729.85
BALTIMORE                         0               0.012               0.512                              6.938           706.73
EAST GREENWICH                    0               0.012               0.512                              5.938          5438.48
CARMEL                            0               0.012               0.512                              6.478          1430.62
PATERSON                          0               0.012               0.512                              8.788           2855.7
WINSTON SALEM                     0               0.012               0.512                              9.478          1227.57
PETERBOROUGH                      0               0.012               0.512                              6.038          1677.36
JONESPORT                         0               0.012               0.512                              8.588           599.95
PORTLAND                          0               0.012               0.512                              6.838          3782.46
ELGIN                             0               0.012               0.512                             10.238            186.7
WOODBRIDGE                        0               0.012               0.512                              8.138           2367.6
HYATTSVILLE                       0               0.012               0.512                              6.738          2199.17
BLOOMINGTON                       0               0.012               0.512                              7.838           678.69
ROCKFORD                          0               0.012               0.512                              9.538           1039.9
BALTIMORE                         0               0.012               0.512                              8.238           1401.3
HAMMOND                           0               0.012               0.512                              7.788           815.17
HOLBROOK                          0               0.012               0.512                             10.138          1888.99
PATERSON                          0               0.012               0.512                             11.238           436.07
SHAPLEIGH                         0               0.012               0.512                              6.088           894.13
WATERVILLE                        0               0.012               0.512                              7.288           1162.6
FALL RIVER                        0               0.012               0.512                              6.188          1600.29
ALBANY                            0               0.012               0.512                              7.738          1216.88
MOUNT HOLLY                       0               0.012               0.512                             10.738              279
MERRIMACK                         0               0.012               0.512                             10.988           146.32
BALTIMORE                         0               0.012               0.512                              7.588           1385.2
LANDOVER                          0               0.012               0.512                             10.988           311.95
MANCHESTER                        0               0.012               0.512                              6.988          2467.77
CHICAGO                           0               0.012               0.512                              7.238          3023.26
BARRE                             0               0.012               0.512                              9.288          1300.22
CHICAGO                           0               0.012               0.512                              6.838          1708.66
NASHUA                            0               0.012               0.512                              6.488           1756.4
CENTRAL ISLIP                     0               0.012               0.512                              6.478          2392.68
AURORA                            0               0.012               0.512                              6.788          1042.07
BREWER                            0               0.012               0.512                              7.188          1374.45
CUMBERLAND FORE                   0               0.012               0.512                              6.738          1322.99
SALISBURY                         0               0.012               0.512                              6.488           522.93
PETERBOROUGH                      0               0.012               0.512                             10.738           641.04
GLEN ALLEN                        0               0.012               0.512                              7.588          1766.32
REHOBOTH                          0               0.012               0.512                              6.738          2010.72
POOLESVILLE                       0               0.012               0.512                              6.888          4202.75
CHICAGO                           0               0.012               0.512                             10.288          2024.45
NORTH PROVIDENC                   0               0.012               0.512                              6.488           1334.6
CHARLOTTE                         0               0.012               0.512                              8.888          1320.41
DAVENPORT                         0               0.012               0.512                              9.338           589.23
SHELTON                           0               0.012               0.512                              8.738          1956.89
DES MOINES                        0               0.012               0.512                              6.988           1149.5
CARL JUNCTION                     0               0.012               0.512                              8.988          1681.71
MARSHFIELD                        0               0.012               0.512                              7.888           594.24
BOELUS                            0               0.012               0.512                              8.238           835.48
GUTHRIE CENTER                    0               0.012               0.512                              8.588           454.63
OLATHE                            0               0.012               0.512                              7.588           555.57
LUFKIN                            0               0.012               0.512                              7.688           563.33
MANSFIELD                         0               0.012               0.512                              7.688           646.44
BRANDON                           0               0.012               0.512                              6.888           1235.9
BLACK CANYON CI                   0               0.012               0.512                              8.388          1019.79
CARLSBAD                          0               0.012               0.512                              9.738           448.06
MISSION VIEJO                     0               0.012               0.512                              7.138          5619.36
APLINGTON                         0               0.012               0.512                              8.188           923.32
ELDON                             0               0.012               0.512                              7.938           447.75
NEWTON                            0               0.012               0.512                              7.038           438.38
LINDEN                            0               0.012               0.512                              7.688           740.28
OKEECHOBEE                        0               0.012               0.512                              8.588          1448.31
BOONE                             0               0.012               0.512                              8.088           509.07
LA PORTE                          0               0.012               0.512                              7.638            579.4
WICHITA                           0               0.012               0.512                              8.088            530.6
NEWTON                            0               0.012               0.512                              9.288          1514.27
PERRY                             0               0.012               0.512                              8.338           618.42
GRANGER                           0               0.012               0.512                              6.988          1524.29
FRANKFORT                         0               0.012               0.512                              7.838           902.39
HARTLEY                           0               0.012               0.512                              8.338           641.04
WALLLA WALLA                      0               0.012               0.512                              7.438              901
SHALIMAR                          0               0.012               0.512                              7.788           694.41
CONWAY SPRINGS                    0               0.012               0.512                              9.238           790.43
SACRAMENTO                        0               0.012               0.512                              6.138           918.53
LATHROP                           0               0.012               0.512                              6.938          1461.17
CHARLESTON                        0               0.012               0.512                              6.988             1074
DIXON IL 61021                    0               0.012               0.512                              6.888           528.98
COVINGTON                         0               0.012               0.512                              8.038            502.1
EVERETT                           0               0.012               0.512                              7.488           827.33
LAS VEGAS                         0               0.012               0.512                              8.438          3952.46
AURORA                            0               0.012               0.512                              8.988           756.77
FRANKLIN                          0               0.012               0.512                              8.138           927.69
INDEPENDENCE                      0               0.012               0.512                              9.838           806.42
INDEPENDENCE                      0               0.012               0.512                              7.938           912.33
PHOENIX                           0               0.012               0.512                              7.738           1006.5
MEMPHIS                           0               0.012               0.512                              7.438           518.31
ATKINS                            0               0.012               0.512                              7.688          1751.76
WINLOCK                           0               0.012               0.512                              6.738          1042.67
BRYANT                            0               0.012               0.512                              7.088           709.33
INVERNESS                         0               0.012               0.512                              7.988          1414.81
LAS VEGAS                         0               0.012               0.512                             10.888           918.98
MEMPHIS                           0               0.012               0.512                              7.738           447.76
NORTH LAS VEGAS                   0               0.012               0.512                              8.063          1930.13
SHREVEPORT                        0               0.012               0.512                              8.738          1095.81
SIOUX CITY                        0               0.012               0.512                              6.938          1029.78
VANCOUVER                         0               0.012               0.512                              6.738          1233.38
ALBUQUERQUE                       0               0.012               0.512                              9.438           1328.3
INDIANOLA                         0               0.012               0.512                              6.788           1040.7
PORTLAND                          0               0.012               0.512                              8.238           902.74
NORTH LAS VEGAS                   0               0.012               0.512                             10.638           132.51
RAPIDS CITY                       0               0.012               0.512                              7.988           525.94
MIAMI                             0               0.012               0.512                              7.363          3674.48
EXETER                            0               0.012               0.512                              8.838           502.11
WICHITA                           0               0.012               0.512                              7.588           422.23
VANCOUVER                         0               0.012               0.512                             10.638           435.59
BARTLESVILLE                      0               0.012               0.512                              7.888          1935.07
WORTH                             0               0.012               0.512                              6.138           532.84
MESA                              0               0.012               0.512                              7.388          1715.27
NORFOLK                           0               0.012               0.512                              7.188           570.37
WEST DES MOINES                   0               0.012               0.512                              7.288          3268.22
BETTENDORF                        0               0.012               0.512                              7.538          1648.87
HEWITT                            0               0.012               0.512                              8.838          1189.63
FORT SMITH                        0               0.012               0.512                              8.438           583.95
WICHITA                           0               0.012               0.512                              6.738           411.36
ENUMCLAW                          0               0.012               0.512                              6.838          2721.45
CRAWFORDSVILLE                    0               0.012               0.512                              8.388           759.17
EVERETT                           0               0.012               0.512                              8.388          2825.75
EVERETT                           0               0.012               0.512                              8.563          2138.47
LINDSBORG                         0               0.012               0.512                              9.138           664.42
TACOMA                            0               0.012               0.512                              7.238          1028.77
PUYALLUP                          0               0.012               0.512                              8.338          2393.47
BATTLE GROUND                     0               0.012               0.512                              8.478          3364.34
WATAUGA                           0               0.012               0.512                              9.388          1079.04
DAVENPORT                         0               0.012               0.512                              9.088             1480
LAKE STEVENS                      0               0.012               0.512                              9.388           2023.2
PLAINFIELD                        0               0.012               0.512                              7.228           944.18
PLAINFIELD                        0               0.012               0.512                             10.978           326.35
BROOKLYN PARK                     0               0.012               0.512                              6.478          1451.56
BROOKLYN PARK                     0               0.012               0.512                              9.822           492.69
OAKLAND CITY                      0               0.012               0.512                              8.478           683.32
BRITTON                           0               0.012               0.512                             10.988          2614.37
MACHESNEY PARK                    0               0.012               0.512                              8.868          1263.21
DETROIT                           0               0.012               0.512                             10.988            99.03
ELGIN                             0               0.012               0.512                              6.438          1586.69
BENSENVILLE                       0               0.012               0.512                              7.738          2399.38
MIDLAND                           0               0.012               0.512                              9.038          3597.59
CRYSTAL                           0               0.012               0.512                              6.478          1326.08
THIEF RIVER FAL                   0               0.012               0.512                              8.738           526.52
SAUK VILLAGE                      0               0.012               0.512                             10.188           729.84
DETROIT                           0               0.012               0.512                             10.988            99.03
EVELETH                           0               0.012               0.512                              9.338           532.58
GLENDALE HEIGHT                   0               0.012               0.512                             10.988            193.9
GREENWOOD                         0               0.012               0.512                              9.478          2455.14
BURNSVILLE                        0               0.012               0.512                              6.438          1398.71
ROCKFORD                          0               0.012               0.512                             10.988           181.23
GILBERTSVILLE                     0               0.012               0.512                              9.838           758.98
KOKOMO                            0               0.012               0.512                              9.378           582.54
HUTCHINSON                        0               0.012               0.512                              6.378          1269.48
ZIMMERMAN                         0               0.012               0.512                              7.438           1570.2
CAMBRIA                           0               0.012               0.512                              6.388           750.15
MAPLE GROVE                       0               0.012               0.512                              9.822           243.78
STREAMWOOD                        0               0.012               0.512                              8.888          1608.79
CHICAGO                           0               0.012               0.512                              8.478          2411.71
MATTESON                          0               0.012               0.512                              6.738          1125.83
MINNEAPOLIS                       0               0.012               0.512                              9.822           243.64
MATTESON                          0               0.012               0.512                             10.988            326.8
SPRING LAKE                       0               0.012               0.512                              8.988           849.77
OTTAWA                            0               0.012               0.512                              7.338           810.14
SAINT PAUL                        0               0.012               0.512                              9.822           338.39
CHICAGO                           0               0.012               0.512                              6.978            810.3
CRETE                             0               0.012               0.512                              7.938          1953.36
POPLAR GROVE                      0               0.012               0.512                              7.238           957.13
BOONVILLE                         0               0.012               0.512                              9.338           641.22
HAZEL CREST                       0               0.012               0.512                              8.478          2049.96
DAWSON                            0               0.012               0.512                              7.688           596.71
UNIVERSITY PARK                   0               0.012               0.512                             10.738           388.51
JORDAN                            0               0.012               0.512                              9.822           451.18
MAYWOOD                           0               0.012               0.512                              9.588          2123.93
ROCKFORD                          0               0.012               0.512                              9.338           441.92
LITTLE CANADA                     0               0.012               0.512                              9.822           154.98
DAVIS JUNCTION                    0               0.012               0.512                              8.738           765.09
BUFFALO                           0               0.012               0.512                              9.822           300.49
BOLINGBROOK                       0               0.012               0.512                             10.738           289.93
CHICAGO                           0               0.012               0.512                              6.488          1985.27
TAYLOR                            0               0.012               0.512                              8.738          1151.31
ATWATER                           0               0.012               0.512                              8.988           790.41
SOUTH PARIS                       0               0.012               0.512                              6.078            797.5
NEW RICHMOND                      0               0.012               0.512                              7.038           714.38
CHICAGO                           0               0.012               0.512                              9.478          2954.93
NEW RICHMOND                      0               0.012               0.512                             10.738           185.03
AUBURN HILLS                      0               0.012               0.512                              9.238          1493.21
SAUK VILLAGE                      0               0.012               0.512                              8.788           991.57
BEAVER DAM                        0               0.012               0.512                              7.888            598.5
LA SALLE                          0               0.012               0.512                              9.238           712.24
DAVISON                           0               0.012               0.512                              8.488           611.52
OXFORD                            0               0.012               0.512                              7.788           390.65
MINNETONKA                        0               0.012               0.512                              6.478          1732.66
NEWBURGH                          0               0.012               0.512                              8.388           633.97
CHICAGO                           0               0.012               0.512                              8.478          4743.03
JOLIET                            0               0.012               0.512                              7.938          1526.92
CONCORDIA                         0               0.012               0.512                              9.188           855.49
SPRINGFIELD                       0               0.012               0.512                              8.938           495.63
MARQUETTE HEIGH                   0               0.012               0.512                              9.538            484.7
FRANKFORT                         0               0.012               0.512                              9.738           501.82
NASHVILLE                         0               0.012               0.512                              8.238           545.19
MOUNT PROSPECT                    0               0.012               0.512                              6.888          1900.03
GRAND PRAIRIE                     0               0.012               0.512                              8.488          1823.04
SHERMAN                           0               0.012               0.512                              5.863           401.97
ELDORA                            0               0.012               0.512                              8.188           642.79
MIDLOTHIAN                        0               0.012               0.512                              7.488           614.17
LIBERAL                           0               0.012               0.512                              9.738           708.47
HOUSTON                           0               0.012               0.512                              5.988           398.21
CEDAR RAPIDS                      0               0.012               0.512                              8.438            540.7
ABILENE                           0               0.012               0.512                              7.988           384.46
KANSAS CITY                       0               0.012               0.512                              8.688           847.73
TACOMA                            0               0.012               0.512                              6.488           705.23
OSCEOLA                           0               0.012               0.512                              8.288           898.55
GENESEO                           0               0.012               0.512                              8.188           642.17
SEAGOVILLE                        0               0.012               0.512                              7.788            377.4
SEATTLE                           0               0.012               0.512                              6.363          3305.67
OLYMPIA                           0               0.012               0.512                             10.738           313.24
NEW ORLEANS                       0               0.012               0.512                              9.388          1313.99
TACOMA                            0               0.012               0.512                              8.113          1257.81
ARLINGTON                         0               0.012               0.512                              6.038          1359.68
DALLAS                            0               0.012               0.512                              9.438           804.59
MONROE                            0               0.012               0.512                              6.488          1011.26
CEDAR FALLS                       0               0.012               0.512                              8.138           829.47
SHERMAN                           0               0.012               0.512                              8.888           412.62
COMBINE                           0               0.012               0.512                              6.363          1839.41
HOUSTON                           0               0.012               0.512                              6.238           591.53
MERIAM                            0               0.012               0.512                              6.638           987.45
BLUE RIDGE                        0               0.012               0.512                              6.338          1614.77
KANSAS CITY                       0               0.012               0.512                              9.088           889.72
SPRINGFIELD                       0               0.012               0.512                              9.738           653.26
HAMILTON                          0               0.012               0.512                              9.538           525.86
CONROE                            0               0.012               0.512                              5.988           347.64
KENNEWICK                         0               0.012               0.512                              8.838           929.53
KNOXVILLE                         0               0.012               0.512                              7.588          1090.76
HUMBLE                            0               0.012               0.512                              9.478           1938.2
WELLINGTON                        0               0.012               0.512                              8.138           619.76
BUTLER                            0               0.012               0.512                              6.938           792.65
SPRINGFIELD                       0               0.012               0.512                              9.488           783.24
PANAMA CITY BEA                   0               0.012               0.512                              9.338          3509.36
SARITA                            0               0.012               0.512                              8.988           711.37
POTTSBORO                         0               0.012               0.512                              9.088          1275.85
MASON CITY                        0               0.012               0.512                              8.088          1424.76
NICKERSON                         0               0.012               0.512                              6.788           740.42
GRANDVIEW                         0               0.012               0.512                              9.088           720.94
MIRAMAR                           0               0.012               0.512                              7.038          1834.02
CLEARWATER                        0               0.012               0.512                              8.738          1295.72
LEAVENWORTH                       0               0.012               0.512                              8.138           643.15
INDEPENDENCE                      0               0.012               0.512                              9.238           773.24
BLOOMINGTON                       0               0.012               0.512                              7.388           1366.4
INDEPENDENCE                      0               0.012               0.512                              8.438          1181.52
WATERLOO                          0               0.012               0.512                              7.488           697.08
SANTA ROSA BEAC                   0               0.012               0.512                              7.388          1860.63
LARGO                             0               0.012               0.512                              9.188          1090.75
SEARCY                            0               0.012               0.512                              9.988           878.15
BEAVERTON                         0               0.012               0.512                              6.188          1094.33
GRINNELL                          0               0.012               0.512                              9.288           603.99
SEAGOVILLE                        0               0.012               0.512                              9.638           755.38
BOONVILLE                         0               0.012               0.512                              8.538           458.27
SPRINGDALE                        0               0.012               0.512                              7.338           896.22
MIDDLETON                         0               0.012               0.512                              6.638           453.62
SAN ANTONIO                       0               0.012               0.512                              7.338           499.11
EDMOND                            0               0.012               0.512                              7.088          3049.44
DALLAS                            0               0.012               0.512                              8.238           959.78
PEARCY                            0               0.012               0.512                              8.988          1162.91
FORT WORTH                        0               0.012               0.512                              8.988          1413.48
CEDAR HILL                        0               0.012               0.512                              6.438           669.37
HOUSTON                           0               0.012               0.512                              7.778          1045.38
MEMPHIS                           0               0.012               0.512                              7.488           675.07
TYLER                             0               0.012               0.512                              8.738          1024.24
BENTON                            0               0.012               0.512                              7.938          1507.79
NORTH LITTLE RO                   0               0.012               0.512                              9.478           438.42
WYLIE                             0               0.012               0.512                              7.738          1115.54
HOUSTON                           0               0.012               0.512                              7.238           1215.3
LITTLETON                         0               0.012               0.512                              6.488          2627.95
DENTON                            0               0.012               0.512                              8.638          1002.99
ATHENS                            0               0.012               0.512                              8.988           623.92
GRAND PRAIRIE                     0               0.012               0.512                              6.638           771.94
ARLINGTON                         0               0.012               0.512                              7.738           540.92
GRAND PRAIRIE                     0               0.012               0.512                              7.138           826.92
CHILDRESS                         0               0.012               0.512                              8.288           948.33
CARROLLTON                        0               0.012               0.512                              8.188          1989.16
ARLINGTON                         0               0.012               0.512                              8.038          1240.19
PROVIDENCE VILL                   0               0.012               0.512                              6.438           759.13
PROVIDENCE VILL                   0               0.012               0.512                              8.488           263.67
SEVIERVILLE                       0               0.012               0.512                              6.988           918.14
FRESNO                            0               0.012               0.512                              9.438           489.38
DESOTO                            0               0.012               0.512                              9.238           996.62
SOUTH HAVEN                       0               0.012               0.512                              8.838           929.53
BURRTON                           0               0.012               0.512                              9.038           819.17
SAN JACINTO                       0               0.012               0.512                              7.188          2459.72
PERU                              0               0.012               0.512                              9.538            762.3
ATLANTA                           0               0.012               0.512                              8.438          1033.33
GAINESVILLE                       0               0.012               0.512                              9.038           561.63
ALBUQUERQUE                       0               0.012               0.512                              6.688            787.4
CITY NAME                         0               0.012               0.512                              9.238           1010.2
SOLDIER                           0               0.012               0.512                              7.788           452.88
DODGE CITY                        0               0.012               0.512                              8.988           713.89
BRANSON                           0               0.012               0.512                              9.438          3224.62
ALLEN                             0               0.012               0.512                              8.478          1415.72
ALTO PASS                         0               0.012               0.512                              9.438           602.98
ARLINGTON                         0               0.012               0.512                              9.238          1005.22
FORT WORTH                        0               0.012               0.512                              9.563            445.1
SIKESTON                          0               0.012               0.512                              8.888           525.15
CONVERSE                          0               0.012               0.512                              9.388           652.65
THE DALLES                        0               0.012               0.512                              6.788           790.83
HUMBLE                            0               0.012               0.512                              5.863           808.94
KELSO                             0               0.012               0.512                              6.288           684.53
BATESVILLE                        0               0.012               0.512                              9.738           457.02
GUN BARREL CITY                   0               0.012               0.512                              8.038           460.58
ERIE                              0               0.012               0.512                              8.838          1498.03
WATERLOO                          0               0.012               0.512                              7.888           799.93
VILLAGE MILLS                     0               0.012               0.512                              8.938          1540.47
IOWA CITY                         0               0.012               0.512                              7.138           736.48
SHREWSBURY                        0               0.012               0.512                              7.088          1023.81
GILMER                            0               0.012               0.512                              9.438           760.28
LITTLE ROCK                       0               0.012               0.512                              7.438           374.64
COLLEGE STATION                   0               0.012               0.512                              6.338           696.22
TRENTON                           0               0.012               0.512                              9.638           488.78
DIBOLL                            0               0.012               0.512                             10.038           642.94
OMAHA                             0               0.012               0.512                              6.338           1949.4
PERRYVILLE                        0               0.012               0.512                              9.938           801.69
COVINGTON                         0               0.012               0.512                              9.438           489.38
CARSON                            0               0.012               0.512                              7.988           999.59
GRANDVIEW                         0               0.012               0.512                              8.988           941.76
LEBANON                           0               0.012               0.512                              8.338           410.32
DALLAS                            0               0.012               0.512                              5.863          1147.93
OLYMPIA                           0               0.012               0.512                              6.238          1027.97
ALFORD                            0               0.012               0.512                              7.478           366.54
BARTLESVILLE                      0               0.012               0.512                              9.138           557.95
OSAWATOMIE                        0               0.012               0.512                              7.538            700.4
FRANKFORT                         0               0.012               0.512                              9.463           689.64
PROSSER                           0               0.012               0.512                              9.438           170.41
MINGO                             0               0.012               0.512                              9.238           429.58
THE WOODLANDS                     0               0.012               0.512                              5.363           585.99
WICHITA                           0               0.012               0.512                              9.338           537.24
WINFIELD                          0               0.012               0.512                              9.038           582.71
MEMPHIS                           0               0.012               0.512                              9.438           611.72
KANSAS CITY                       0               0.012               0.512                             10.088          1180.45
FORT WORTH                        0               0.012               0.512                              9.438           977.88
N. RICHLAND HIL                   0               0.012               0.512                              9.478          1262.64
FORT LAUDERDALE                   0               0.012               0.512                              8.238          1370.83
HOUSTON                           0               0.012               0.512                              7.288           539.91
GAINESVILLE                       0               0.012               0.512                              7.288           691.08
FORT LAUDERDALE                   0               0.012               0.512                             10.438           291.68
FRANKFORT                         0               0.012               0.512                              9.038           734.72
OSAWATOMIE                        0               0.012               0.512                              7.288           863.85
ROWLETT                           0               0.012               0.512                              9.138          1178.92
LACY LAKEVIEW                     0               0.012               0.512                              9.438           887.49
KANSAS CITY                       0               0.012               0.512                              7.293           577.98
SAN ANTONIO                       0               0.012               0.512                              6.838           1074.8
SALEM                             0               0.012               0.512                              7.763          1259.87
WASHINGTON                        0               0.012               0.512                              9.438           450.05
FT LAUDERDALE                     0               0.012               0.512                              6.788           733.57
WICHITA                           0               0.012               0.512                              8.388           757.57
GLENN HEIGHTS                     0               0.012               0.512                              8.488           177.02
CADDO MILLS                       0               0.012               0.512                              8.488           117.05
OKLAHOMA CITY                     0               0.012               0.512                              7.138           628.58
OKLAHOMA CITY                     0               0.012               0.512                              9.888           157.87
ALVARADO                          0               0.012               0.512                              7.978           576.16
ROSENBERG                         0               0.012               0.512                              7.478           648.77
CORDOVA                           0               0.012               0.512                              7.478           1021.9
BOSSIER CITY                      0               0.012               0.512                              9.488           649.41
FATE                              0               0.012               0.512                              8.478           992.83
MEMPHIS                           0               0.012               0.512                              7.638           762.86
DALLAS                            0               0.012               0.512                              7.978          3650.51
LAMAR                             0               0.012               0.512                              7.788          1599.77
EULESS                            0               0.012               0.512                              8.138           662.64
FORT WORTH                        0               0.012               0.512                              8.588           649.47
CECILIA                           0               0.012               0.512                              9.478           442.81
CROWLEY                           0               0.012               0.512                              7.438           847.13
LAS VEGAS                         0               0.012               0.512                              7.138          1873.12
CROWLEY                           0               0.012               0.512                              8.488           233.35
BATON ROUGE                       0               0.012               0.512                              9.838           659.59
EL PASO                           0               0.012               0.512                              8.088           589.77
KATY                              0               0.012               0.512                              6.938           676.32
LAKE WORTH                        0               0.012               0.512                              9.338           509.51
GARLAND                           0               0.012               0.512                              9.838          1016.49
ANTIOCH                           0               0.012               0.512                              6.388           779.79
ANTIOCH                           0               0.012               0.512                              8.298           234.14
GARLAND                           0               0.012               0.512                              9.138           800.51
ALLEN                             0               0.012               0.512                              6.488          1826.32
ALLEN                             0               0.012               0.512                              8.488            552.2
HARRAH                            0               0.012               0.512                              7.538          1150.12
EL PASO COUNTY                    0               0.012               0.512                              8.238          1009.81
TULSA                             0               0.012               0.512                              8.788           570.15
DALLAS                            0               0.012               0.512                              9.138           672.94
FATE                              0               0.012               0.512                              8.488           273.42
DALLAS                            0               0.012               0.512                              8.038           629.71
LEWISVILLE                        0               0.012               0.512                              8.588          1363.88
FORT WORTH                        0               0.012               0.512                              5.988          1338.03
SAN ANTONIO                       0               0.012               0.512                              8.188           1198.2
EL PASO                           0               0.012               0.512                              9.438           713.91
MCKINNEY                          0               0.012               0.512                              7.138          1061.72
DENVER                            0               0.012               0.512                              7.478          4427.79
TUPELO                            0               0.012               0.512                              7.838           734.81
AZLE                              0               0.012               0.512                              6.938           885.05
ROCKWALL                          0               0.012               0.512                              8.438          1461.35
KATY                              0               0.012               0.512                              6.988           923.94
FORT WORTH                        0               0.012               0.512                              7.878          1268.44
RICHMOND                          0               0.012               0.512                              7.288          1351.02
MEMPHIS                           0               0.012               0.512                              8.288           638.15
DERBY                             0               0.012               0.512                              9.138            511.1
CABOT                             0               0.012               0.512                              9.138           655.91
HOUMA                             0               0.012               0.512                              8.238          1250.86
SINTON                            0               0.012               0.512                              8.838          1298.85
EL PASO                           0               0.012               0.512                              6.478           722.86
FORT WORTH                        0               0.012               0.512                              8.588            795.6
MEMPHIS                           0               0.012               0.512                              6.938           575.86
WOODLAWN                          0               0.012               0.512                              7.088           730.79
WOODLAWN                          0               0.012               0.512                              8.298            90.97
BROKEN ARROW                      0               0.012               0.512                             10.738           262.25
WICHITA FALLS                     0               0.012               0.512                              8.488           108.51
HUTTO                             0               0.012               0.512                              8.488           137.54
BOLIVAR                           0               0.012               0.512                              7.238           554.15
BOLIVAR                           0               0.012               0.512                              8.478           109.74
GARLAND                           0               0.012               0.512                              9.038           632.54
RICHARDSON                        0               0.012               0.512                              6.388           827.21
MESQUITE                          0               0.012               0.512                              8.488            98.03
MESQUITE                          0               0.012               0.512                              8.488           152.88
MESQUITE                          0               0.012               0.512                              7.478          1686.06
FORT WORTH                        0               0.012               0.512                              8.488           136.79
DELIGHT                           0               0.012               0.512                              8.338           635.09
MEMPHIS                           0               0.012               0.512                              8.688           153.45
WELCH                             0               0.012               0.512                              9.838           804.16
PARIS                             0               0.012               0.512                              9.638           774.85
FATE                              0               0.012               0.512                              9.438           284.49
SOUTHAVEN                         0               0.012               0.512                              6.538          1498.57
FLINT                             0               0.012               0.512                              9.338           779.86
WHITEHOUSE                        0               0.012               0.512                              9.238           134.03
GARLAND                           0               0.012               0.512                              8.478           735.15
FATE                              0               0.012               0.512                              8.478          1270.17
ALVIN                             0               0.012               0.512                              8.488            156.1
LAREDO                            0               0.012               0.512                              8.488           148.94
INOLA                             0               0.012               0.512                              8.588           849.19
AZLE                              0               0.012               0.512                              6.488           798.37
MERCEDES                          0               0.012               0.512                              8.478           803.91
ARLINGTON                         0               0.012               0.512                              8.638            876.6
DUMAS                             0               0.012               0.512                              8.438           548.71
WINNSBORO                         0               0.012               0.512                             10.038            659.7
ARLINGTON                         0               0.012               0.512                              6.088          1219.84
SANGER                            0               0.012               0.512                              7.938           682.72
SAND SPRINGS                      0               0.012               0.512                              9.388           608.27
ODESSA                            0               0.012               0.512                              9.078          1184.76
WYLIE                             0               0.012               0.512                              6.338           801.39
WEATHERFORD                       0               0.012               0.512                              9.288           732.55
WATAUGA                           0               0.012               0.512                              8.438           827.87
LITTLE ROCK                       0               0.012               0.512                             10.138           739.86
LEXINGTON                         0               0.012               0.512                             10.188           836.76
MESQUITE                          0               0.012               0.512                              8.488           118.53
GRAPEVINE                         0               0.012               0.512                              6.478          1006.56
EL PASO                           0               0.012               0.512                              7.478          1501.07
WOLFFORTH                         0               0.012               0.512                              8.628          1190.72
MOUNDS                            0               0.012               0.512                              9.438           540.94
FORT WORTH                        0               0.012               0.512                              7.838          1225.77
ALLEN                             0               0.012               0.512                              8.488           153.12
DALLAS                            0               0.012               0.512                              9.088           826.96
JACKSON                           0               0.012               0.512                              9.638           453.23
BURNET                            0               0.012               0.512                              7.138          1986.65
FRISCO                            0               0.012               0.512                              8.138          1738.43
OLIVE BRANCH                      0               0.012               0.512                              8.438          1224.26
HOUSTON                           0               0.012               0.512                              8.488           152.67
CEDAR HILL                        0               0.012               0.512                              9.138           945.53
SEAGOVILLE                        0               0.012               0.512                              8.488            207.6
BOLIVAR                           0               0.012               0.512                              8.938           556.26
TULSA                             0               0.012               0.512                              7.638           632.62
HORIZON CITY                      0               0.012               0.512                              7.938           561.79
KATY                              0               0.012               0.512                              8.488           114.66
SUNSET                            0               0.012               0.512                              8.488           143.63
CLEBURNE                          0               0.012               0.512                              6.478           789.59
JACKSON                           0               0.012               0.512                              7.238           424.12
SHERMAN                           0               0.012               0.512                              8.588          1095.97
CHATTANOOGA                       0               0.012               0.512                              8.238           575.48
FRISCO                            0               0.012               0.512                              6.338          2027.15
FORNEY                            0               0.012               0.512                              8.188           1150.4
EL PASO                           0               0.012               0.512                              9.038           532.04
FORT WORTH                        0               0.012               0.512                              8.488           131.96
EL PASO                           0               0.012               0.512                              7.813           896.51
MESQUITE                          0               0.012               0.512                              8.438           978.06
BEAUMONT                          0               0.012               0.512                              8.488           224.49
MEMPHIS                           0               0.012               0.512                              8.688           138.43
FORT WORTH                        0               0.012               0.512                              8.488           149.66
TULSA                             0               0.012               0.512                             11.238           181.55
CADDO MILLS                       0               0.012               0.512                              8.488           162.94
BURLESON                          0               0.012               0.512                              7.438           642.65
GRAND PRAIRIE                     0               0.012               0.512                              7.838           605.14
TULSA                             0               0.012               0.512                              9.538           616.89
ROWLETT                           0               0.012               0.512                              8.488           131.44
HICKORY VALLEY                    0               0.012               0.512                              8.288           655.93
GRANBURY                          0               0.012               0.512                              6.138          2696.26
DALLAS                            0               0.012               0.512                              7.388          1025.22
PLANO                             0               0.012               0.512                              6.438           839.88
PLANO                             0               0.012               0.512                              8.488           255.23
GRAND PRAIRIE                     0               0.012               0.512                              8.488           337.93
COVINGTON                         0               0.012               0.512                              9.288           836.95
FORT WORTH                        0               0.012               0.512                              9.163           597.56
EL PASO                           0               0.012               0.512                              7.838          1139.74
LAGO VISTA                        0               0.012               0.512                              8.488           203.44
BROWNSVILLE                       0               0.012               0.512                              7.288            568.7
LUBBOCK                           0               0.012               0.512                              6.288           710.96
LUBBOCK                           0               0.012               0.512                              8.488           154.85
ANNA                              0               0.012               0.512                              8.488           189.09
BOLIVAR                           0               0.012               0.512                              8.688           655.25
HUMBOLDT                          0               0.012               0.512                              9.038           540.49
ALEDO                             0               0.012               0.512                              6.438          1340.45
ARLINGTON                         0               0.012               0.512                              8.488           144.72
COLLIERVILLE                      0               0.012               0.512                              7.138            961.4
BOLIVAR                           0               0.012               0.512                              8.988           559.17
HEARTLAND                         0               0.012               0.512                              8.938           841.32
MIDDLETON                         0               0.012               0.512                              9.988           457.97
FORT WORTH                        0               0.012               0.512                              8.338           983.59
RENOVA                            0               0.012               0.512                              8.438           845.09
MESQUITE                          0               0.012               0.512                              6.488           619.76
MESQUITE                          0               0.012               0.512                              8.488           150.87
MULVANE                           0               0.012               0.512                              8.288            834.9
WHITWELL                          0               0.012               0.512                              9.488           877.58
HUTCHINSON                        0               0.012               0.512                              8.038           757.02
LEWISVILLE                        0               0.012               0.512                              8.488           140.49
CARROLLTON                        0               0.012               0.512                              8.978          1092.17
LOUISVILLE                        0               0.012               0.512                              9.288           905.11
TULSA                             0               0.012               0.512                             10.988           187.17
HORIZON CITY                      0               0.012               0.512                              7.888           717.66
HORIZON CITY                      0               0.012               0.512                              7.438           592.99
AUSTIN                            0               0.012               0.512                              6.138          1216.95
LONGVIEW                          0               0.012               0.512                              8.478          2382.77
HOUSTON                           0               0.012               0.512                              8.988           167.12
CANYON LAKE                       0               0.012               0.512                              7.478          1437.55
ABILENE                           0               0.012               0.512                              9.638              471
ANAHUAC                           0               0.012               0.512                              9.338           483.52
MIDLAND                           0               0.012               0.512                              9.238           575.64
HOUSTON                           0               0.012               0.512                              9.238          1529.21
PASADENA                          0               0.012               0.512                              9.238           153.36
PASADENA                          0               0.012               0.512                              8.488           160.93
HOCKLEY                           0               0.012               0.512                              8.488           152.56
BEAUMONT                          0               0.012               0.512                              8.488           893.14
COLUMBIA                          0               0.012               0.512                              9.038           810.73
AUSTIN                            0               0.012               0.512                              7.888          2742.01
HOUSTON                           0               0.012               0.512                              9.088           1073.1
BEAUMONT                          0               0.012               0.512                              8.388            716.9
HOUSTON                           0               0.012               0.512                              8.388           901.11
PASADENA                          0               0.012               0.512                              8.488           1078.2
SAN ANTONIO                       0               0.012               0.512                              8.638           502.32
HOUSTON                           0               0.012               0.512                              8.488           118.89
HOUSTON                           0               0.012               0.512                              8.738           951.76
DUBLIN                            0               0.012               0.512                              8.438           648.84
HUMBLE                            0               0.012               0.512                              6.078           918.72
GALENA PARK                       0               0.012               0.512                              7.588           463.42
HOUSTON                           0               0.012               0.512                              8.488           112.65
CYPRESS                           0               0.012               0.512                              8.188           890.19
HUMBLE                            0               0.012               0.512                              8.488           148.71
SAN ANTONIO                       0               0.012               0.512                              8.288           1007.6
MCALLEN                           0               0.012               0.512                              7.388           621.42
PHARR                             0               0.012               0.512                              6.188          1162.09
PHARR                             0               0.012               0.512                              8.488           362.27
AUSTIN                            0               0.012               0.512                              5.938           618.22
AUSTIN                            0               0.012               0.512                              8.488           197.78
KATY                              0               0.012               0.512                              6.388          1017.41
LEAGUE CITY                       0               0.012               0.512                              8.488           108.63
WACO                              0               0.012               0.512                              8.988           420.43
MONTGOMERY                        0               0.012               0.512                              8.688          1371.51
CROCKETT                          0               0.012               0.512                              6.288           692.68
CROCKETT                          0               0.012               0.512                              8.488           150.87
SAN JUAN                          0               0.012               0.512                              8.238           584.07
HOUSTON                           0               0.012               0.512                              6.438           966.45
HOUSTON                           0               0.012               0.512                              8.488           119.49
MONTGOMERY                        0               0.012               0.512                              7.188          1069.23
RICHMOND                          0               0.012               0.512                              6.838          1625.98
MISSOURI CITY                     0               0.012               0.512                              7.378           1223.5
SUGAR LAND                        0               0.012               0.512                              7.738          3365.68
KILLEEN                           0               0.012               0.512                              9.038           620.72
MCALLEN                           0               0.012               0.512                              7.838          1043.44
HOUSTON                           0               0.012               0.512                              9.438            629.2
HITCHCOCK                         0               0.012               0.512                              7.588           466.82
HITCHCOCK                         0               0.012               0.512                              8.488           126.77
SAN ANTONIO                       0               0.012               0.512                              8.838          1029.12
HUFFMAN                           0               0.012               0.512                              6.838          1207.08
WHITESBORO                        0               0.012               0.512                              7.638           967.53
ROUND ROCK                        0               0.012               0.512                              7.478           674.43
LINDALE                           0               0.012               0.512                              6.388          1192.55
HOUSTON                           0               0.012               0.512                              8.478           751.65
HOUSTON                           0               0.012               0.512                              8.488           370.13
HOUSTON                           0               0.012               0.512                              8.438           535.99
CLEVELAND                         0               0.012               0.512                              7.788           537.41
CLEVELAND                         0               0.012               0.512                              8.488           143.23
ROUND ROCK                        0               0.012               0.512                              7.238          1891.22
HOUSTON                           0               0.012               0.512                              8.788          1231.19
AUSTIN                            0               0.012               0.512                              6.888           614.26
EL PASO                           0               0.012               0.512                              9.138           715.53
PORTER                            0               0.012               0.512                             10.188           682.89
WAXAHACHIE                        0               0.012               0.512                              8.478          1149.59
CYPRESS                           0               0.012               0.512                              8.388           1002.7
HOUSTON                           0               0.012               0.512                              7.638           727.51
HOUSTON                           0               0.012               0.512                              8.488            138.8
SILSBEE                           0               0.012               0.512                              9.688           802.26
ROSENBERG                         0               0.012               0.512                              8.738          2069.03
LONGVIEW                          0               0.012               0.512                              8.438          1096.78
CANYON LAKE                       0               0.012               0.512                              8.038          1216.61
CEDAR PARK                        0               0.012               0.512                              5.813          1776.41
HOUSTON                           0               0.012               0.512                              7.238          1544.59
HUMBLE                            0               0.012               0.512                              8.238          1375.16
ORANGE                            0               0.012               0.512                              9.188           633.06
DALLAS                            0               0.012               0.512                              8.738           559.42
DALLAS                            0               0.012               0.512                              8.488           136.79
LAREDO                            0               0.012               0.512                              7.388           764.53
SEALY                             0               0.012               0.512                              7.088          1016.19
BAYTOWN                           0               0.012               0.512                              6.888           986.65
KATY                              0               0.012               0.512                              6.838           655.36
MISSOURI CITY                     0               0.012               0.512                              7.978           960.26
LA PORTE                          0               0.012               0.512                              6.588          1070.77
HUMBLE                            0               0.012               0.512                              7.988          1204.78
LEANDER                           0               0.012               0.512                              7.488           528.32
CYPRESS                           0               0.012               0.512                              6.738            706.2
HOUSTON                           0               0.012               0.512                              8.388           667.46
DAYTON                            0               0.012               0.512                              8.888          1792.18
THE WOODLANDS                     0               0.012               0.512                              6.978          2048.44
BROWNSVILLE                       0               0.012               0.512                              7.888           628.52
KYLE                              0               0.012               0.512                              8.738          1793.44
CORSICANA                         0               0.012               0.512                              8.488           111.04
HUTTO                             0               0.012               0.512                              6.478          1324.41
PEARLAND                          0               0.012               0.512                              6.888           1980.6
HOUSTON                           0               0.012               0.512                              7.863           980.41
HUMBLE                            0               0.012               0.512                              6.838          1500.63
DICKINSON                         0               0.012               0.512                              8.438           528.68
PEARLAND                          0               0.012               0.512                              6.538           732.86
PEARLAND                          0               0.012               0.512                              8.488           165.35
BAYTOWN                           0               0.012               0.512                              9.138          1788.83
SAGINAW                           0               0.012               0.512                              8.488           193.11
MESQUITE                          0               0.012               0.512                              8.488           231.74
BOLIVAR                           0               0.012               0.512                             10.738            145.6
OTTUMWA                           0               0.012               0.512                              7.738           653.61
MARSHALLTOWN                      0               0.012               0.512                              9.988           100.63
WYLIE                             0               0.012               0.512                              8.488           122.31
HAYS                              0               0.012               0.512                              9.988           124.41
GRINNELL                          0               0.012               0.512                              9.988           102.27
ALLEN                             0               0.012               0.512                              8.488           168.96
IOWA CITY                         0               0.012               0.512                             10.488           124.28
FREEMONT                          0               0.012               0.512                             10.738           369.08
NORFOLK                           0               0.012               0.512                             10.738           475.92
HOUSTON                           0               0.012               0.512                              8.488           113.46
LUFKIN                            0               0.012               0.512                              8.488           106.98
LEAGUE CITY                       0               0.012               0.512                              8.488           149.66
TYLER                             0               0.012               0.512                              9.938           1084.1
KANSAS CITY                       0               0.012               0.512                             10.538            95.62
SOUTH HOUSTON                     0               0.012               0.512                              9.238           481.13
LAREDO                            0               0.012               0.512                              6.238           872.12
HOUSTON                           0               0.012               0.512                              8.478          1053.12
SUGAR LAND                        0               0.012               0.512                              8.488           637.44
HOUSTON                           0               0.012               0.512                              8.488           156.79
HOUSTON                           0               0.012               0.512                              8.788          1054.37
CROSBY                            0               0.012               0.512                              8.488            80.47
HOUSTON                           0               0.012               0.512                              7.888           647.57
HIGHLANDS                         0               0.012               0.512                              7.488            640.3
HOUSTON                           0               0.012               0.512                              8.488            312.2
VIDOR                             0               0.012               0.512                              9.088          1048.33
HOUSTON                           0               0.012               0.512                              8.438           1008.5
LAKE CHARLES                      0               0.012               0.512                              8.538           525.35
LUMBERTON                         0               0.012               0.512                              8.488           219.84
SAN JUAN                          0               0.012               0.512                              8.488           194.72
WACO                              0               0.012               0.512                              9.478           510.27
KARNACK                           0               0.012               0.512                              8.488           144.68
HORIZON                           0               0.012               0.512                              8.238           702.92
HOUSTON                           0               0.012               0.512                              9.088          1273.77
CEDAR PARK                        0               0.012               0.512                              8.488           128.74
HOUSTON                           0               0.012               0.512                              8.478           934.08
BAYTOWN                           0               0.012               0.512                              7.938           830.66
CHANNELVIEW                       0               0.012               0.512                             11.088           856.73
SAN ANTONIO                       0               0.012               0.512                              8.488              116
MANOR                             0               0.012               0.512                              8.488           153.69
FORT WORTH                        0               0.012               0.512                              8.488            138.4
LEAGUE CITY                       0               0.012               0.512                              6.338          1704.01
SILSBEE                           0               0.012               0.512                              8.488           118.45
SAN JUAN                          0               0.012               0.512                              8.488           131.96
WILLIS                            0               0.012               0.512                              8.488           262.31
HEMPSTEAD                         0               0.012               0.512                              8.488           265.53
SAN ANTONIO                       0               0.012               0.512                              7.738           597.26
HUMBLE                            0               0.012               0.512                              8.988           605.42
HOUSTON                           0               0.012               0.512                              8.488           150.87
HUMBLE                            0               0.012               0.512                              8.488           162.44
RIO GRANDE CITY                   0               0.012               0.512                              8.488           123.11
LYTLE                             0               0.012               0.512                              6.888          1528.78
HOUSTON                           0               0.012               0.512                              8.438          1019.31
TOMBALL                           0               0.012               0.512                              8.488           221.92
RICHMOND                          0               0.012               0.512                              6.488           1190.9
AUSTIN                            0               0.012               0.512                              8.488           136.03
BROWNSVILLE                       0               0.012               0.512                              9.788           654.17
HOUSTON                           0               0.012               0.512                              8.788           875.88
CROSBY                            0               0.012               0.512                              8.488           577.72
HOUSTON                           0               0.012               0.512                              8.938           904.19
VICTORIA                          0               0.012               0.512                              8.488           176.86
SAN ANTONIO                       0               0.012               0.512                              7.088            912.4
SAN ANTONIO                       0               0.012               0.512                              8.488           231.29
ROSENBERG                         0               0.012               0.512                              8.188          1287.47
BROWNSVILLE                       0               0.012               0.512                              8.478           868.22
HOUSTON                           0               0.012               0.512                              8.488           181.05
SAN JUAN                          0               0.012               0.512                              7.238           670.57
NEW CANEY                         0               0.012               0.512                              8.488           248.63
HOUSTON                           0               0.012               0.512                              8.488           136.79
HOUSTON                           0               0.012               0.512                              8.788           958.51
BAYTOWN                           0               0.012               0.512                              8.388           408.29
BROWNSVILLE                       0               0.012               0.512                              7.038           986.51
LA PORTE                          0               0.012               0.512                              8.988           526.55
LEWISVILLE                        0               0.012               0.512                              8.488          1033.63
HORIZON                           0               0.012               0.512                              8.788           797.39
HOUSTON                           0               0.012               0.512                              8.438          1097.41
HOUSTON                           0               0.012               0.512                              9.288           569.47
VICTORIA                          0               0.012               0.512                              8.488           126.97
HOUSTON                           0               0.012               0.512                              9.438           655.41
HOUSTON                           0               0.012               0.512                              8.488           160.85
MAGNOLIA                          0               0.012               0.512                              8.863          1268.92
AUSTIN                            0               0.012               0.512                              8.388           486.44
HOUSTON                           0               0.012               0.512                              8.488           116.68
AUSTIN                            0               0.012               0.512                              6.363          1198.52
AUSTIN                            0               0.012               0.512                              8.488           420.82
SPRING                            0               0.012               0.512                              7.888          1538.92
HOUSTON                           0               0.012               0.512                              8.088          1202.82
SPRING                            0               0.012               0.512                              7.478          1932.96
HOUSTON                           0               0.012               0.512                              8.188           728.32
CYPRESS                           0               0.012               0.512                              8.138            985.6
HOUSTON                           0               0.012               0.512                              5.938           618.95
HOUSTON                           0               0.012               0.512                              8.488           151.04
SPRING                            0               0.012               0.512                              8.488           168.86
HUMBLE                            0               0.012               0.512                              5.438           654.36
HUMBLE                            0               0.012               0.512                              8.488           220.73
EDINBURG                          0               0.012               0.512                              8.338          1042.33
HOUSTON                           0               0.012               0.512                              8.038           809.54
BAYTOWN                           0               0.012               0.512                              6.338          1074.63
HOUSTON                           0               0.012               0.512                              8.488           129.75
DONNA                             0               0.012               0.512                              9.938            628.6
EDINBURG                          0               0.012               0.512                              8.113          1190.02
HOUSTON                           0               0.012               0.512                              7.088          1236.43
FRESNO                            0               0.012               0.512                              8.288           908.67
SAN ANTONIO                       0               0.012               0.512                              7.438           502.44
SAN ANTONIO                       0               0.012               0.512                              8.838           697.15
HOPKINS                           0               0.012               0.512                              8.438          1039.34
BAYTOWN                           0               0.012               0.512                              8.238           767.04
KATY                              0               0.012               0.512                              8.113           832.24
PENITAS                           0               0.012               0.512                              6.888           677.54
SEA BROOK                         0               0.012               0.512                              6.238          2075.55
PENITAS                           0               0.012               0.512                              8.488           147.85
SAN ANTONIO                       0               0.012               0.512                              8.488           112.25
PFLUGERVILLE                      0               0.012               0.512                              6.238          1387.49
PENITAS                           0               0.012               0.512                              8.588           539.06
EDINBURG                          0               0.012               0.512                              8.488           394.27
KINGWOOD                          0               0.012               0.512                              6.338           581.88
SPRING                            0               0.012               0.512                              9.478          1188.07
HOUSTON                           0               0.012               0.512                              8.988           124.87
VIDOR                             0               0.012               0.512                              5.988          1010.81
WINNIE                            0               0.012               0.512                              8.338           793.86
GRANADA HILLS                     0               0.012               0.512                              7.338          3614.27
LAKE ELSINORE                     0               0.012               0.512                             10.488           261.89
GRANADA HILLS                     0               0.012               0.512                              6.738          3739.79
HESPERIA                          0               0.012               0.512                             10.488           407.12
RESEDA AREA                       0               0.012               0.512                             10.738          1079.08
SUN VALLEY                        0               0.012               0.512                              9.988          1055.61
MORENO VALLEY                     0               0.012               0.512                              9.988           786.68
SOUTH GATE                        0               0.012               0.512                             10.988           638.74
LOS ANGELES                       0               0.012               0.512                              5.988          2250.62
RIVERSIDE                         0               0.012               0.512                             10.988           782.34
DESERT HOT SPRI                   0               0.012               0.512                             10.438          1138.26
DESERT HOT SPRI                   0               0.012               0.512                             11.238           151.42
LA PUENTE                         0               0.012               0.512                              6.478          2999.29
COSTA MESA                        0               0.012               0.512                              8.478           4584.9
COSTA MESA                        0               0.012               0.512                             11.238            686.4
LAS VEGAS                         0               0.012               0.512                              6.438          1695.87
SUGARLOAF                         0               0.012               0.512                             10.988           425.63
REDLANDS                          0               0.012               0.512                             10.988           732.82
SANTA ANA                         0               0.012               0.512                             10.478           951.57
SAN BERNARDINO                    0               0.012               0.512                              6.988          1715.63
HIGHLAND                          0               0.012               0.512                              7.388          2797.92
LOS ANGELES                       0               0.012               0.512                              5.988          2247.01
FONTANA                           0               0.012               0.512                             10.738           512.83
SANTA CRUZ                        0               0.012               0.512                              5.238          4791.67
BAKERSFIELD                       0               0.012               0.512                              8.988          2133.54
FONTANA AREA                      0               0.012               0.512                              6.478          2417.38
EL MONTE                          0               0.012               0.512                             10.988            653.6
WESTMINSTER                       0               0.012               0.512                              6.988          3559.38
FONTANA                           0               0.012               0.512                              7.588           4568.4
GARDEN GROVE                      0               0.012               0.512                             10.238           429.41
MORENO VALLEY                     0               0.012               0.512                             10.988           557.04
LONG BEACH                        0               0.012               0.512                             10.478           637.56
RIALTO                            0               0.012               0.512                             10.988           633.79
NUEVO                             0               0.012               0.512                              8.088          4177.45
BAKERSFIELD                       0               0.012               0.512                              6.838           323.51
LOS ANGELES                       0               0.012               0.512                             10.988          1384.43
PERRIS                            0               0.012               0.512                              6.863          2364.61
ONTARIO                           0               0.012               0.512                              7.388          2907.23
RIVERSIDE AREA                    0               0.012               0.512                              6.863          2703.24
HESPERIA                          0               0.012               0.512                              7.838          2644.17
ANAHEIM                           0               0.012               0.512                              7.238          4296.54
SANTA ANA                         0               0.012               0.512                              6.738             1595
MONROVIA                          0               0.012               0.512                              7.738          5878.13
CORONA                            0               0.012               0.512                              6.388          1546.75
LOS ANGELES                       0               0.012               0.512                              6.388          3358.87
SANTA ROSA BEAC                   0               0.012               0.512                              8.478          2292.45
LOS ANGELES                       0               0.012               0.512                              6.338          2968.33
DOWNEY                            0               0.012               0.512                              6.338          2654.38
RICHMOND                          0               0.012               0.512                              7.038          2013.33
SAN DIEGO                         0               0.012               0.512                              6.413           1800.5
SAN DIEGO                         0               0.012               0.512                              5.738          2807.68
TEMECULA                          0               0.012               0.512                              8.728          2909.83
CATHEDRAL CITY                    0               0.012               0.512                              7.138          1045.47
HUNTINGTON BEAC                   0               0.012               0.512                              7.113           3272.4
HIDDEN HILLS                      0               0.012               0.512                              5.788          3543.75
ESCONDIDO                         0               0.012               0.512                              5.738          2656.25
DESERT HOT SPRI                   0               0.012               0.512                              7.088          1588.08
HEBER                             0               0.012               0.512                              6.603          1689.75
CHULA VISTA                       0               0.012               0.512                              6.238          2302.53
BRAWLEY                           0               0.012               0.512                              5.138          1430.96
CONWAY                            0               0.012               0.512                             10.938           168.69
ROCKFORD                          0               0.012               0.512                              7.478          1629.96
LOS ANGELES                       0               0.012               0.512                             10.988           475.34
LOS ANGELES                       0               0.012               0.512                              6.978          3347.47
LOS ANGELES                       0               0.012               0.512                             10.988           590.12
CHICAGO                           0               0.012               0.512                             10.988           103.99
NORTHRIDGE AREA                   0               0.012               0.512                             10.738          1068.39
SANTA ANA                         0               0.012               0.512                             10.478           618.52
APPLE VALLEY AR                   0               0.012               0.512                             10.488           332.37
LAKEPORT                          0               0.012               0.512                              6.113           3577.5
SURPRISE                          0               0.012               0.512                              8.478          2389.09
BAKERSFIELD                       0               0.012               0.512                              8.163          1575.96
BLOOMINGTON ARE                   0               0.012               0.512                              9.738           698.96
ANAHEIM                           0               0.012               0.512                             10.478           685.13
SAN DIEGO                         0               0.012               0.512                             10.938           395.85
APPLE VALLEY                      0               0.012               0.512                             10.688           157.22
OCEANSIDE                         0               0.012               0.512                              8.088          3348.27
YUBA CITY                         0               0.012               0.512                             10.478           326.25
SUN CITY                          0               0.012               0.512                             10.478           142.74
CARLSBAD                          0               0.012               0.512                              7.838           3002.3
SAN DIEGO                         0               0.012               0.512                              6.478          1497.75
SAN YSIDRO                        0               0.012               0.512                              9.288           448.11
MURRIETA                          0               0.012               0.512                             10.988           920.98
SAN DIEGO                         0               0.012               0.512                              8.478          2894.06
EL CAJON                          0               0.012               0.512                              5.988             2015
EL CAJON                          0               0.012               0.512                             10.738           903.28
SAN DIEGO                         0               0.012               0.512                              7.788          3541.33
SAN DIEGO                         0               0.012               0.512                              6.363          2558.07
SHASTA LAKE                       0               0.012               0.512                              6.113           906.05
PALM DESERT                       0               0.012               0.512                              5.863          4242.32
OCEANSIDE                         0               0.012               0.512                              9.988            626.6
YUCAIPA                           0               0.012               0.512                              5.688          4363.85
ORANGEVALE                        0               0.012               0.512                             10.988           287.19
OLIVEHURST                        0               0.012               0.512                              7.788          1665.58
RANCHO MURIETA                    0               0.012               0.512                              6.388          4083.07
SAN DIEGO                         0               0.012               0.512                             11.238           878.19
MURRIETA                          0               0.012               0.512                              8.738           3002.4
HEBER                             0               0.012               0.512                              6.178          1994.28
ORANGE                            0               0.012               0.512                              8.978          3943.09
SAN DIEGO                         0               0.012               0.512                              6.478          3253.26
VIRGINIA CITY H                   0               0.012               0.512                              6.288          3047.76
RANCHO MIRAGE                     0               0.012               0.512                              6.363          3609.37
SAN JACINTO                       0               0.012               0.512                              6.388          1926.41
THOUSAND OAKS                     0               0.012               0.512                              5.888          4135.19
NORTH HIGHLANDS                   0               0.012               0.512                              8.288          1680.59
SAN DIEGO                         0               0.012               0.512                              7.363             3675
HEBER                             0               0.012               0.512                              5.588          1687.63
SAN DIEGO                         0               0.012               0.512                              5.738          2504.17
SAN LORENZO                       0               0.012               0.512                             10.988           1010.1
COUPEVILLE                        0               0.012               0.512                              5.638          2736.75
LA QUINTA                         0               0.012               0.512                              5.388          3380.88
BENICIA                           0               0.012               0.512                              9.638           1013.1
SACRAMENTO                        0               0.012               0.512                              7.838          2251.01
SAN DIEGO                         0               0.012               0.512                              6.588          2960.63
SOLANA BEACH                      0               0.012               0.512                              8.378          5556.25
HEMET                             0               0.012               0.512                              6.438          2140.69
ALISO VIEJO                       0               0.012               0.512                              6.088             2420
MENIFEE                           0               0.012               0.512                              8.438          4019.04
MENIFEE                           0               0.012               0.512                             10.988           941.71
INDIO                             0               0.012               0.512                              7.088          2259.44
SALINAS                           0               0.012               0.512                              5.863          5614.83
CHULA VISTA                       0               0.012               0.512                              7.188          4215.75
BERKELEY                          0               0.012               0.512                              9.078          1944.85
3443 MADISON AV                   0               0.012               0.512                              6.238           3397.5
SACRAMENTO                        0               0.012               0.512                              6.363          2510.73
SAN JOSE                          0               0.012               0.512                              7.788          4419.75
IMPERIAL BEACH                    0               0.012               0.512                              4.988          1280.37
RIVERSIDE                         0               0.012               0.512                              5.988          3141.67
SAN JOSE                          0               0.012               0.512                              6.363          3731.36
SALIDA                            0               0.012               0.512                              6.738          2360.39
SAN DIEGO                         0               0.012               0.512                              6.138          1592.08
OAKDALE                           0               0.012               0.512                              7.088          1555.47
MATHER                            0               0.012               0.512                              6.238          3139.22
SACRAMENTO                        0               0.012               0.512                              7.288             2262
LINCOLN                           0               0.012               0.512                              7.038             1510
SOLANA BEACH                      0               0.012               0.512                              7.038           4621.8
STOCKTON                          0               0.012               0.512                              9.078          2837.04
SAN DIEGO                         0               0.012               0.512                              7.238          3926.67
SAN JOSE                          0               0.012               0.512                              7.363           3937.5
CHULA VISTA                       0               0.012               0.512                              6.338          1612.03
CHULA VISTA                       0               0.012               0.512                             10.238           659.04
SAN JOSE                          0               0.012               0.512                              7.038             3775
SAN JOSE                          0               0.012               0.512                              9.488          1316.36
ANTIOCH                           0               0.012               0.512                              6.038          3850.85
HEBER                             0               0.012               0.512                              7.053          2140.74
LAKESIDE                          0               0.012               0.512                              6.988          4125.37
SIMI VALLEY                       0               0.012               0.512                              6.238          1968.75
HOFFMAN ESTATES                   0               0.012               0.512                             10.988            326.8
DETROIT                           0               0.012               0.512                             10.988           170.83
MENAHGA                           0               0.012               0.512                              8.838           1255.5
DEKALB                            0               0.012               0.512                              6.978           871.77
LOCKPORT                          0               0.012               0.512                              6.988          1158.13
OSWEGO                            0               0.012               0.512                              7.038            955.6
HOUSTON                           0               0.012               0.512                              8.488           120.35
GALVA                             0               0.012               0.512                             10.938           226.89
IOLA                              0               0.012               0.512                              9.988           153.68
COLLEGE STATION                   0               0.012               0.512                              9.238            161.1
STANTON                           0               0.012               0.512                              8.988          3681.25
DIAMOND BAR                       0               0.012               0.512                              5.978          4445.14
LAGUNA NIGUEL                     0               0.012               0.512                              7.478          2211.23
MORENO VALLEY                     0               0.012               0.512                              7.363           2887.5
ANAHEIM                           0               0.012               0.512                              7.738          3506.25
ONTARIO                           0               0.012               0.512                              7.478          2769.87
PERRIS                            0               0.012               0.512                              7.088          1874.67
INGLEWOOD                         0               0.012               0.512                              8.138          2064.47
INGLEWOOD                         0               0.012               0.512                             10.478           681.33
FONTANA                           0               0.012               0.512                              7.388           2006.6
CORONA                            0               0.012               0.512                              7.478          3655.42
CORONA                            0               0.012               0.512                              8.363           3727.5
CASTAIC                           0               0.012               0.512                              7.363          3379.69
RIALTO                            0               0.012               0.512                              6.478          1163.11
EL CAJON                          0               0.012               0.512                              8.138          3258.17
LA HABRA                          0               0.012               0.512                              6.363          2480.73
NORTH HOLLYWOOD                   0               0.012               0.512                              7.338          3192.33
PACOIMA                           0               0.012               0.512                              6.838           2572.5
PACOIMA                           0               0.012               0.512                              9.238           902.12
SAN BERNARDINO                    0               0.012               0.512                              7.138          1606.22
CORONA                            0               0.012               0.512                              8.988          2770.83
LAKE ELSINORE                     0               0.012               0.512                              9.238          3128.13
BALTIMORE                         0               0.012               0.512                              8.238          1888.54
AURORA                            0               0.012               0.512                             10.938           157.84
AURORA                            0               0.012               0.512                             10.938           392.13
DENVER                            0               0.012               0.512                             10.988           331.26
MONUMENT                          0               0.012               0.512                              6.478             1165
AURORA                            0               0.012               0.512                             11.238            171.1
FARMINGTON                        0               0.012               0.512                             10.988           322.34
STERLING                          0               0.012               0.512                             10.888            130.7
DENVER                            0               0.012               0.512                             10.488              150
COLORADO SPRING                   0               0.012               0.512                             10.988            245.1
AURORA                            0               0.012               0.512                              7.478           818.89
CENTENNIAL                        0               0.012               0.512                              6.488          1199.92
DENVER                            0               0.012               0.512                             10.988           173.31
DENVER                            0               0.012               0.512                             10.988           155.48
DENVER                            0               0.012               0.512                              6.338          1181.62
WESTMINSTER                       0               0.012               0.512                             10.988           311.95
CARBONDALE                        0               0.012               0.512                              6.588          1785.35
CASTLE ROCK                       0               0.012               0.512                              6.638          1320.43
CASTLE ROCK                       0               0.012               0.512                             10.738           335.09
DENVER                            0               0.012               0.512                             10.988           256.99
GREENWOOD VILLA                   0               0.012               0.512                             10.638           547.37
DENVER                            0               0.012               0.512                              6.788          1060.02
DENVER                            0               0.012               0.512                             11.238            310.4
WESTMINSTER                       0               0.012               0.512                             10.988           359.48
THORNTON                          0               0.012               0.512                              7.738          1134.38
GREELEY                           0               0.012               0.512                              8.838          1410.09
LITTLETON                         0               0.012               0.512                              6.238           1905.3
FORT LUPTON                       0               0.012               0.512                             10.738            214.9
ENGLEWOOD                         0               0.012               0.512                              8.478          1595.75
DENVER                            0               0.012               0.512                              8.788          1067.86
GREELEY                           0               0.012               0.512                             10.988           264.41
ALAMOSA                           0               0.012               0.512                              6.738           629.75
ALAMOSA                           0               0.012               0.512                             10.738           253.11
CHEYENNE                          0               0.012               0.512                             10.988           197.57
CASTLE ROCK                       0               0.012               0.512                              6.613          2262.02
CARBONDALE                        0               0.012               0.512                              9.438           174.34
DENVER                            0               0.012               0.512                              8.638          1397.53
LAS VEGAS                         0               0.012               0.512                              8.288             1947
GLENROCK                          0               0.012               0.512                              8.888          1142.47
EVANS                             0               0.012               0.512                              8.838           1157.7
PLAIN CITY                        0               0.012               0.512                              6.978          1909.95
COMMERCE CITY                     0               0.012               0.512                              6.478           858.87
AURORA                            0               0.012               0.512                              6.038          1621.12
PROVO                             0               0.012               0.512                              7.388           572.75
BRIGHTON                          0               0.012               0.512                              7.478          2009.15
AURORA                            0               0.012               0.512                              8.738          1280.88
LONGMONT                          0               0.012               0.512                              8.438          1013.12
LITTLETON                         0               0.012               0.512                              8.338          3953.39
COLORADO SPRING                   0               0.012               0.512                              9.338          1168.06
COMMERCE CITY                     0               0.012               0.512                              8.413            642.6
COMMERCE CITY                     0               0.012               0.512                             11.238           109.02
AURORA                            0               0.012               0.512                              7.363           864.61
DENVER                            0               0.012               0.512                              6.888           1687.2
COLORADO SPRING                   0               0.012               0.512                              8.738          1454.82
THORNTON                          0               0.012               0.512                              7.988          1222.58
COLORADO SPRING                   0               0.012               0.512                              7.388          1392.84
AURORA                            0               0.012               0.512                              9.088             1560
WESTMINSTER                       0               0.012               0.512                              7.478          1821.72
DENVER                            0               0.012               0.512                              7.478          4580.93
DENVER                            0               0.012               0.512                              7.213          1866.88
NORTH LAS VEGAS                   0               0.012               0.512                              7.688          1905.13
DENVER                            0               0.012               0.512                             10.038          1763.49
THORNTON                          0               0.012               0.512                              8.138          2739.17
SANDY                             0               0.012               0.512                              6.888          1530.16
CASPER                            0               0.012               0.512                              9.088          1255.28
COMMERCE CITY                     0               0.012               0.512                             10.388           157.78
TOOELE                            0               0.012               0.512                              9.038          1428.92
AMERICAN FORK                     0               0.012               0.512                              9.288          3867.73
HAYDEN                            0               0.012               0.512                              8.388          1461.08
WOODLAND PARK                     0               0.012               0.512                              8.438          1906.45
COLORADO SPRING                   0               0.012               0.512                              7.738          4750.23
BRIGHTON                          0               0.012               0.512                              7.138           1672.9
CHEYENNE                          0               0.012               0.512                              8.738           732.19
DENVER                            0               0.012               0.512                              9.238           938.44
LONGMONT                          0               0.012               0.512                              6.278          1891.47
COLORADO SPRING                   0               0.012               0.512                              7.588          5271.21
JOHNSTOWN                         0               0.012               0.512                              7.488           2106.8
CAPE CORAL                        0               0.012               0.512                              8.188             2958
COMMERCE CITY                     0               0.012               0.512                              7.438           1044.1
YORBA LINDA                       0               0.012               0.512                              5.638          5071.83
LAKEVILLE                         0               0.012               0.512                              7.938          2217.67
WESTMINSTER                       0               0.012               0.512                              8.638          2005.38
NORFOLK                           0               0.012               0.512                              9.338          1544.12
CHANNAHON                         0               0.012               0.512                              6.863          2089.58
RED LION                          0               0.012               0.512                              8.988           706.32
MINNEAPOLIS                       0               0.012               0.512                              9.822           175.96
DETROIT                           0               0.012               0.512                             11.238           176.65
URBANA                            0               0.012               0.512                              8.113           591.13
ALEDO                             0               0.012               0.512                              9.988           176.32
DETROIT                           0               0.012               0.512                              7.738           698.08
HAMMOND                           0               0.012               0.512                             10.488           128.57
ADRIAN                            0               0.012               0.512                              9.822           140.77
OAK FOREST                        0               0.012               0.512                              8.978          1461.82
FORT BRANCH                       0               0.012               0.512                              8.688           638.87
HOPKINSVILLE                      0               0.012               0.512                              9.188           855.49
CHICAGO                           0               0.012               0.512                              7.288          1814.08
DOLTON                            0               0.012               0.512                              8.838           888.03
HENDERSON                         0               0.012               0.512                              9.138           451.47
RIVERSIDE                         0               0.012               0.512                              6.888          2688.67
PACOIMA                           0               0.012               0.512                              6.738             2465
FONTANA                           0               0.012               0.512                              6.478          1919.92
BANNING                           0               0.012               0.512                              7.038          1333.83
BANNING                           0               0.012               0.512                             10.638           510.75
ADELANTO                          0               0.012               0.512                              7.488             2100
ANAHEIM                           0               0.012               0.512                              7.478          4228.04
CORONA                            0               0.012               0.512                              6.538             3760
COMPTON                           0               0.012               0.512                              7.988          2047.08
HELENDALE AREA                    0               0.012               0.512                              5.988             2509
HESPERIA                          0               0.012               0.512                              7.488          1733.33
ANAHEIM                           0               0.012               0.512                              5.788          3081.75
(SAUGUS AREA) L                   0               0.012               0.512                              7.478          4494.37
ANAHEIM                           0               0.012               0.512                              8.478          5679.58
ELMWOOD                           0               0.012               0.512                              7.478          2663.33
PERRIS                            0               0.012               0.512                              7.978           2801.7
LOS ANGELES                       0               0.012               0.512                              6.863          2556.67
RIALTO                            0               0.012               0.512                              8.388             2225
ORANGE (CITY)                     0               0.012               0.512                              6.738           3117.5
SANTA ANA                         0               0.012               0.512                              8.478          2133.25
ORANGE                            0               0.012               0.512                              7.238          2970.83
AURORA                            0               0.012               0.512                              6.988           1627.5
FONTANA AREA                      0               0.012               0.512                              8.238          3244.79
WINNETKA AREA                     0               0.012               0.512                              6.388             2691
BELLFLOWER                        0               0.012               0.512                              7.738             3355
POMONA                            0               0.012               0.512                              8.838          1807.67
MURRIETA                          0               0.012               0.512                              7.188          2715.23
LAKE FOREST                       0               0.012               0.512                              6.478           4133.9
WEST COVINA                       0               0.012               0.512                              6.588          3157.13
FONTANA                           0               0.012               0.512                              8.138          2029.87
PARAMOUNT                         0               0.012               0.512                              7.688          2011.73
ANTIOCH                           0               0.012               0.512                              6.088          5173.14
SANTA ANA                         0               0.012               0.512                              6.988             3400
WESTMINSTER                       0               0.012               0.512                              6.638          2249.11
SUISUN CITY                       0               0.012               0.512                              7.838          2982.46
FONTANA                           0               0.012               0.512                              5.863          3249.07
HEMET                             0               0.012               0.512                              6.988          2868.75
LINDEN                            0               0.012               0.512                              5.738          2564.47
LOS ANGELES                       0               0.012               0.512                              7.138           3085.5
LADERA RANCH AR                   0               0.012               0.512                              6.988             4625
RIVERSIDE                         0               0.012               0.512                              7.238             2015
ANAHEIM                           0               0.012               0.512                              7.613          2618.62
MORENO VALLEY                     0               0.012               0.512                              7.688          2596.67
MORENO VALLEY                     0               0.012               0.512                              6.313          1407.66
OAKLAND                           0               0.012               0.512                             10.438          1033.92
ORANGE                            0               0.012               0.512                              6.238          3657.66
HIGHLAND AREA                     0               0.012               0.512                              7.478          2061.42
SANTA ANA                         0               0.012               0.512                              6.478           3844.5
BAKERSFIELD                       0               0.012               0.512                              7.478          2065.75
GRAND TERRACE                     0               0.012               0.512                              7.188          2637.96
SANTA ANA                         0               0.012               0.512                              8.478          3661.55
RIALTO                            0               0.012               0.512                              6.988             2370
SAN BERNARDINO                    0               0.012               0.512                              8.438          1870.17
GARDEN GROVE                      0               0.012               0.512                              6.138          2190.95
GARDENA                           0               0.012               0.512                              6.238           1945.8
SANTA ANA                         0               0.012               0.512                              4.988          2729.46
SANTA ANA                         0               0.012               0.512                              6.488          3427.08
LOS ANGELES                       0               0.012               0.512                              5.478          1509.25
NORWALK                           0               0.012               0.512                              7.363          3040.08
BEAUMONT                          0               0.012               0.512                              8.478          3745.08
SOUTH GATE                        0               0.012               0.512                              8.338          4650.19
SANTA ANA                         0               0.012               0.512                              6.738          2344.99
SANTA ANA                         0               0.012               0.512                              7.478          1624.63
RIALTO                            0               0.012               0.512                              6.388          2041.25
RIVERSIDE                         0               0.012               0.512                              8.238          3026.04
PERRIS                            0               0.012               0.512                              6.438           3127.5
ANAHEIM                           0               0.012               0.512                              7.438          4803.13
SANTA CLARITA                     0               0.012               0.512                              6.838          3227.88
SAN FERNANDO                      0               0.012               0.512                              6.488             2352
ANAHEIM                           0               0.012               0.512                              7.378          3073.25
SARATOGA SPRING                   0               0.012               0.512                              7.288           1866.8
CHICAGO                           0               0.012               0.512                              9.438          1865.62
HOUSTON                           0               0.012               0.512                              8.488           197.94
SAN ANTONIO                       0               0.012               0.512                              8.488           123.92
HOUSTON                           0               0.012               0.512                              8.488           178.03
CROSBY                            0               0.012               0.512                              8.488           223.69
HOUSTON                           0               0.012               0.512                              8.488           181.05
HUTTO                             0               0.012               0.512                              8.488           221.62
HI HAT                            0               0.012               0.512                              9.238            713.1
WYLIE                             0               0.012               0.512                              8.938             3168
MURFREESBORO                      0               0.012               0.512                              8.738          1250.47
BLUE RIDGE                        0               0.012               0.512                              6.363           570.79
LARGO                             0               0.012               0.512                             10.938              219
KINGMAN                           0               0.012               0.512                              9.538           616.89
WAMEGO                            0               0.012               0.512                             11.038           223.68
KANSAS CITY                       0               0.012               0.512                              9.288           776.55
LEES SUMMIT                       0               0.012               0.512                              8.178          4888.12
HESPERIA                          0               0.012               0.512                              8.988           1177.6
TOWNSEND                          0               0.012               0.512                              9.738           1863.9
YUBA CITY                         0               0.012               0.512                             10.738           281.74

CITY1                            PREPAY            PP_DESC            FRONT_RATIO          BACK_RATIO      DEAL_INFO        PRODUCT
-------------------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                        Yes               3Y PP                 41.64               42.79           II           BALLOON
BIG BEAR CITY                     Yes               2Y PP                  10.1               12.77           I            BALLOON
JAMUL                             Yes               3Y PP                 27.51               34.58           I            LIBOR 5/1 ARM IO
JAMUL                              No               No PP                 27.51               34.58           I            BALLOON
HENDERSON                         Yes               2Y PP                  38.3                  50           I            LIBOR 2/6 ARM IO
BALDWIN PARK                      Yes               2Y PP                 36.73               43.01           I            LIBOR 2/6 ARM
BONIFAY                           Yes               3Y PP                 25.66                26.3           II           FIXED
AVENUE BLOOMING                   Yes               2Y PP                 33.65               44.76           I            LIBOR 2/6 ARM IO
AVENUE BLOOMING                   Yes               2Y PP                 33.65               44.76           I            BALLOON
STANTON                           Yes               2Y PP                 45.54               49.54           I            LIBOR 2/6 ARM IO
RIVERSIDE AREA                    Yes               3Y PP                 12.72               26.86           II           FIXED
APPLE VALLEY                      Yes               3Y PP                 28.48                32.9           I            40YR BALLOON
CANYON COUNTRY                    Yes               3Y PP                 39.67               39.67           II           FIXED
LAKE ELSINORE                     Yes               2Y PP                 38.33              41.591           I            LIBOR 2/6 ARM IO
LAKE ELSINORE                     Yes               2Y PP                 38.33               39.78           I            BALLOON
LOMITA                            Yes               3Y PP                 35.74               36.77           II           FIXED
LOS ANGELES                       Yes               2Y PP                 40.63               46.82           I            LIBOR 2/6 ARM IO
RAWLINS                           Yes               3Y PP                 32.81               42.86           I            40YR BALLOON
AURORA                            Yes               3Y PP                  46.1                46.1           I            LIBOR 3/6 ARM IO
CHULA VISTA                       Yes               3Y PP                 32.05               44.64           I            FIXED IO
SOUTH PLAINFIEL                    No               No PP                 42.84               44.66           II           FIXED
OAKLEY                            Yes               3Y PP                 44.11                47.5           I            FIXED IO
SAN DIEGO                         Yes               3Y PP                 28.08               33.08           I            FIXED IO
SAN DIEGO                         Yes               2Y PP                 28.08               33.08           I            BALLOON
SAN MARCOS                        Yes               3Y PP                 41.71               44.28           I            TREAS. 5/1 ARM IO
SAN MARCOS                        Yes               3Y PP                 41.71               44.28           I            BALLOON
TEMECULA                          Yes               3Y PP                  35.5                  47           I            FIXED IO
TEMECULA                           No               No PP                  35.5                  47           I            BALLOON
SAN DIEGO                         Yes               3Y PP                 32.05                33.8           II           40YR BALLOON
HIGLEY                            Yes               3Y PP                   2.3                 2.3           I            FIXED
BIG BEAR CITY                     Yes               3Y PP                  10.1               12.77           I            FIXED IO
SALINAS                           Yes               3Y PP                 47.43               47.76           I            FIXED IO
SALINAS                            No               No PP                 47.43               47.76           I            BALLOON
MURRIETA                          Yes               3Y PP                 33.96               40.72           I            FIXED IO
MENIFEE                           Yes               3Y PP                  38.4                  50           I            LIBOR 5/1 ARM IO
ALTON                              No               No PP                  13.8               45.17           I            LIBOR 5/1 ARM IO
CLIFTON                            No               No PP                 30.02               51.69           I            LIBOR 5/1 ARM
EL SOBRANTE                        No               No PP                  39.8                39.8           I            BALLOON
KELLER                            Yes               2Y PP                 27.63               40.58           I            FIXED
LANCASTER                         Yes               3Y PP                 43.27               49.64           II           40YR BALLOON
PALMDALE                          Yes               2Y PP                 36.19               46.41           I            LIBOR 2/6 ARM IO
EVERETT                            No               No PP                  41.9              44.248           I            LIBOR 2/6 ARM
RESEDA                            Yes               3Y PP                 43.37               43.56           I            LIBOR 5/1 ARM IO
SCOTTSDALE                        Yes               2Y PP                  34.9                48.2           I            LIBOR 2/6 ARM IO
EL SOBRANTE                       Yes               2Y PP                  39.8                39.8           I            LIBOR 2/6 ARM IO
EAST ORANGE                        No               No PP                  40.1                46.6           I            FIXED
FRISCO                            Yes               3Y PP                 49.89               49.89           I            FIXED
COSTA MESA                        Yes               2Y PP                 44.18                  47           I            LIBOR 2/6 ARM IO
PUYALLUP                           No               No PP                 48.07               48.07           II           BALLOON
COLLIERVILLE                      Yes               3Y PP                 26.01                42.8           I            FIXED
FORT WORTH                         No               No PP                  23.9                34.3           II           FIXED
SAINT LOUIS                       Yes               3Y PP                  23.2                35.9           I            FIXED
SEATTLE                           Yes               2Y PP                 43.85               43.85           I            LIBOR 2/6 ARM IO
SEATTLE                            No               No PP                 44.38               44.38           I            BALLOON
KANSAS CITY                        No               No PP                  47.7                48.3           II           FIXED
LOVES PARK                         No               No PP                  21.8               34.73           II           40YR BALLOON
COEUR D ALENE                     Yes               3Y PP                  46.6                49.3           II           FIXED IO
SEATAC                            Yes               3Y PP                 27.04               38.61           I            FIXED IO
LOS ANGELES                       Yes               2Y PP                  41.3                45.2           I            BALLOON
LOS ANGELES                       Yes               3Y PP                  45.3                45.3           II           FIXED
BATESVILLE                        Yes               2Y PP                 25.53               46.32           I            LIBOR 2/6 ARM
DELRAY BEACH                      Yes               2Y PP                  42.2                42.2           I            LIBOR 2/6 ARM IO
CITY OF UPLAND                    Yes               3Y PP                 36.05               48.66           I            LIBOR 5/1 ARM IO
SAINT LOUIS                        No               No PP                  33.7                42.1           II           BALLOON
FORT SMITH                        Yes               3Y PP                 18.58               31.25           I            FIXED
LOS ANGELES                       Yes               2Y PP                 48.26               48.26           I            LIBOR 2/6 ARM IO
FONTANA                           Yes               3Y PP                 45.34               49.32           I            FIXED IO
LAMAR                              No               No PP                 33.39               49.42           II           FIXED
OXON HILL                          No               No PP                  47.3                51.2           II           FIXED IO
FAIRHAVEN                          No               No PP                  30.4                  40           II           BALLOON
HYANNIS                            No               No PP                 47.32               47.32           II           FIXED IO
FORT WORTH                        Yes               3Y PP                 37.17               37.17           I            FIXED
HUNTINGTON PARK                   Yes               2Y PP                  36.2                44.4           I            BALLOON
CAPE GIRARDEAU                    Yes               2Y PP                  23.1                34.7           I            LIBOR 2/6 ARM
WYOMING                            No               No PP                  34.1                41.3           I            LIBOR 2/6 ARM
BALTIMORE                          No               No PP                  35.1                49.2           II           FIXED
BURBANK                           Yes               2Y PP                  37.1                42.3           I            BALLOON
SPOKANE                           Yes               3Y PP                  16.4               39.61           I            40YR BALLOON
CLOVIS                            Yes               3Y PP                  38.1                45.4           II           40YR BALLOON
SPRING VALLEY                     Yes               2Y PP                  35.2                52.2           I            LIBOR 2/6 ARM IO
MURRIETA                           No               No PP                  33.4                40.1           I            BALLOON
FLOSSMOOR                          No               No PP                  25.7                  47           I            FIXED
BELVIDERE                          No               No PP                 20.17               36.45           II           FIXED
PFLUGERVILLE                       No               No PP                 18.91               39.35           I            BALLOON
GALENA PARK                        No               No PP                  31.2               46.92           I            BALLOON
COLUMBIA                          Yes               3Y PP                 17.24               33.25           I            FIXED
CHICAGO                            No               No PP                     0               37.31           I            BALLOON
WEST LINN                         Yes               3Y PP                 27.45                35.7           I            FIXED
TOMBALL                            No               No PP                 25.63               44.26           I            BALLOON
WEST VALLEY CIT                    No               No PP                 39.36               39.56           I            BALLOON
HOUSTON                           Yes               3Y PP                 36.21               43.48           I            LIBOR 2/6 ARM
LONG BEACH                        Yes               3Y PP                  24.1                47.2           II           FIXED
KISSIMMEE                         Yes               2Y PP                  48.6                49.6           I            LIBOR 2/6 ARM
KATY                              Yes               2Y PP                    45                46.5           I            LIBOR 2/6 ARM
TAMPA                             Yes               3Y PP                  41.7                53.8           II           FIXED
YOUNGSTOWN                        Yes               2Y PP                  33.5                47.4           I            LIBOR 2/6 ARM
PALO                               No               No PP                  36.7               37.41           I            LIBOR 5/1 ARM
LYNN                               No               No PP                  43.6                46.4           II           FIXED
TURRELL                           Yes               3Y PP                  27.1                32.1           II           FIXED
PEMBROKE PINES                    Yes               3Y PP                 47.84               49.96           I            FIXED IO
LITTLETON                          No               No PP                 30.56               36.34           II           BALLOON
FORT VALLEY                        No               No PP                  30.1                35.1           I            LIBOR 2/6 ARM IO
SAN BERNARDINO                    Yes               2Y PP                 30.33               34.57           I            BALLOON
PHENIX                            Yes               2Y PP                 20.23               33.03           I            LIBOR 2/6 ARM
OAK PARK                           No               No PP                 41.06               49.41           II           BALLOON
KANSAS CITY                       Yes               3Y PP                 18.53               19.72           I            FIXED
LONG BEACH                        Yes               3Y PP                  49.9                  50           I            FIXED IO
WICHITA                           Yes               6M PP                 22.58               48.71           I            FIXED
CORONA                             No               No PP                 41.46               49.05           I            LIBOR 2/6 ARM IO
PUTNAM CT 06260                   Yes               3Y PP                  13.1                30.8           II           FIXED
WHITTIER AREA                     Yes               3Y PP                  30.5                35.1           II           FIXED
QUARTZ HILL ARE                    No               No PP                  27.1                  49           I            BALLOON
KANSAS CITY                       Yes               2Y PP                  4.69                13.3           I            LIBOR 2/6 ARM
SAN JUAN                           No               No PP                 47.58               47.58           II           FIXED
NEWTON                             No               No PP                 25.02               46.64           II           FIXED
MAQUOKETA                          No               No PP                 37.42                49.3           II           FIXED
PRAIRIE CITY                       No               No PP                  31.2                50.1           II           FIXED
KANSAS CITY                       Yes               3Y PP                 47.89               47.89           I            40YR BALLOON
EAGLE MOUNTAIN                     No               No PP                 37.81               49.81           II           BALLOON
YORBA LINDA                       Yes               2Y PP                  26.7                40.9           I            BALLOON
INGLEWOOD                         Yes               2Y PP                 21.32               49.69           I            LIBOR 2/6 ARM IO
MINDEN                            Yes               3Y PP                  25.3                49.7           I            FIXED
HOUSTON                           Yes               3Y PP                  35.9               37.55           II           FIXED
IOLA                              Yes               6M PP                 17.06               49.78           II           FIXED
KANSAS CITY                       Yes               6M PP                 21.58               21.58           I            LIBOR 2/6 ARM
SAINT LOUIS                       Yes               2Y PP                     0               38.92           I            LIBOR 2/6 ARM
HOUSTON                           Yes               2Y PP                 29.81               34.25           I            LIBOR 2/6 ARM
CHICAGO                            No               No PP                   6.2                10.8           I            FIXED
FORT WORTH                        Yes               3Y PP                 32.53               45.54           I            FIXED
FLORISSANT                        Yes               3Y PP                  35.6                49.4           II           FIXED IO
KANSAS CITY                       Yes               3Y PP                 28.64               46.13           I            FIXED
ISSAQUAH                          Yes               3Y PP                  17.1                  20           I            FIXED IO
FRESNO                             No               No PP                    47                  47           I            BALLOON
REDMOND                            No               No PP                  26.1                43.7           I            LIBOR 2/6 ARM IO
CHICAGO                            No               No PP                  5.89                28.1           I            LIBOR 5/1 ARM
COSTA MESA                        Yes               3Y PP                  45.3                47.2           I            40YR BALLOON
TEMPE                             Yes               2Y PP                  50.2                50.2           I            LIBOR 2/6 ARM
CARROLLTON                        Yes               3Y PP                 19.93               47.79           I            FIXED
HOUSTON                           Yes               3Y PP                 31.49               37.95           I            FIXED
UNIC AREA OF LA                   Yes               3Y PP                  22.2                44.3           I            BALLOON
KANSAS CITY                       Yes               3Y PP                 32.33               43.49           II           FIXED
SAINT LOUIS                       Yes               3Y PP                  24.1               47.45           I            FIXED
OMAHA                             Yes               2Y PP                 31.51               46.71           I            LIBOR 2/6 ARM
DAVENPORT                          No               No PP                 23.05               38.55           II           FIXED
DAVENPORT                          No               No PP                 23.05               38.55           II           BALLOON
LEAVENWORTH                       Yes               6M PP                 29.17                  41           I            LIBOR 2/6 ARM
SPANAWAY                          Yes               3Y PP                 21.68               26.53           I            40YR BALLOON
PORT ORCHARD                      Yes               3Y PP                 41.17               41.17           II           FIXED
POST FALLS                        Yes               2Y PP                  31.3               38.56           I            LIBOR 2/6 ARM IO
POST FALLS                        Yes               2Y PP                  30.5               37.77           II           BALLOON
IONA                              Yes               2Y PP                 35.89               47.71           I            LIBOR 2/6 ARM
POULSBO                           Yes               3Y PP                 45.47               53.82           I            FIXED IO
BELLINGHAM                        Yes               2Y PP                  29.2               37.76           I            LIBOR 2/6 ARM IO
SPANAWAY                          Yes               3Y PP                  45.7                46.2           I            LIBOR 5/1 ARM IO
GERVAIS                           Yes               2Y PP                 29.53                30.3           I            LIBOR 2/6 ARM IO
HARRISBURG                        Yes               3Y PP                 30.51               43.28           II           FIXED IO
HARRISBURG                        Yes               2Y PP                 33.54                46.3           II           BALLOON
TACOMA                            Yes               2Y PP                 20.85               39.99           I            LIBOR 2/6 ARM IO
VANCOUVER                         Yes               3Y PP                  38.6                38.6           II           FIXED IO
NORTH LAS VEGAS                   Yes               3Y PP                 27.23               47.28           II           FIXED
NORTH LAS VEGAS                   Yes               3Y PP                 24.92               48.79           II           BALLOON
BURLINGTON                        Yes               3Y PP                 47.21               47.21           II           FIXED
PORT ORCHARD                      Yes               2Y PP                  31.4                44.9           I            LIBOR 2/6 ARM
ONTARIO                           Yes               3Y PP                  13.9               26.99           I            40YR BALLOON
APPLE VALLEY                      Yes               3Y PP                 34.77               39.57           I            LIBOR 5/1 ARM IO
120-120 1/2 41S                   Yes               2Y PP                  32.7                33.3           I            LIBOR 2/6 ARM IO
NORWALK                           Yes               3Y PP                 33.88               48.83           I            LIBOR 5/1 ARM IO
NORWALK                            No               No PP                 33.88               48.83           I            BALLOON
CARSON                             No               No PP                 36.83                43.4           I            LIBOR 2/6 ARM IO
120-120 1/2 41S                   Yes               2Y PP                  32.7                33.3           I            BALLOON
LONG BEACH                        Yes               3Y PP                 30.98                40.4           I            FIXED
WINNETKA                          Yes               2Y PP                 43.67               43.67           I            LIBOR 2/6 ARM IO
WINNETKA                          Yes               2Y PP                 43.67               43.67           I            BALLOON
RIVERSIDE                         Yes               2Y PP                  23.3                32.5           I            BALLOON
AREA OF LOS ANG                   Yes               3Y PP                  22.6                45.8           I            LIBOR 5/1 ARM IO
LONG BEACH                        Yes               3Y PP                 41.64               42.79           II           FIXED IO
REDONDO BEACH                     Yes               3Y PP                  37.8                38.6           I            LIBOR 5/1 ARM IO
SURPRISE                          Yes               3Y PP                 38.61               41.36           I            40YR BALLOON
RANCHO CUCAMONG                   Yes               2Y PP                 40.57               42.68           I            LIBOR 2/6 ARM IO
ORANGE                            Yes               2Y PP                  44.9                45.5           I            LIBOR 2/6 ARM IO
ORANGE                             No               No PP                  44.9                45.5           I            BALLOON
FONTANA                           Yes               2Y PP                 38.75               48.51           I            LIBOR 2/6 ARM IO
(STUDIO CITY AR                    No               No PP                 35.46              34.904           I            LIBOR 2/6 ARM IO
PALMDALE                          Yes               3Y PP                 42.45               44.67           I            LIBOR 5/1 ARM IO
HEMET                             Yes               3Y PP                 35.93               44.53           I            LIBOR 5/1 ARM IO
LOS ANGELES                       Yes               3Y PP                 48.58               49.59           I            FIXED IO
LOS ANGELES                       Yes               2Y PP                 34.95                35.8           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               3Y PP                 47.24               47.51           I            40YR BALLOON
SAN BERNARDINO                    Yes               2Y PP                 42.75               49.56           I            LIBOR 2/6 ARM IO
FONTANA                           Yes               2Y PP                 36.36               47.66           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               3Y PP                 42.09               45.43           I            LIBOR 5/1 ARM IO
LONG BEACH                        Yes               3Y PP                  39.3                52.5           II           40YR BALLOON
(LA PUENTE AREA                   Yes               2Y PP                 46.69               47.29           I            LIBOR 2/6 ARM IO
VAN NUYS AREA L                   Yes               3Y PP                  40.7               48.98           I            FIXED IO
SAN DIMAS                         Yes               2Y PP                  28.3                  45           I            LIBOR 2/6 ARM IO
OXNARD                            Yes               3Y PP                 36.39               48.15           I            FIXED
AREA OF HEMET                     Yes               1Y PP                 34.75              40.593           I            LIBOR 2/6 ARM IO
HESPERIA                          Yes               2Y PP                 18.03               49.45           I            LIBOR 2/6 ARM IO
STOCKTON                          Yes               3Y PP                 30.64               40.18           I            LIBOR 5/1 ARM IO
LAKEWOOD                          Yes               1Y PP                 41.15               41.97           I            LIBOR 2/6 ARM IO
FONTANA                           Yes               2Y PP                 39.27              46.083           I            LIBOR 2/6 ARM IO
LAWNDALE                          Yes               3Y PP                 35.75               48.48           I            FIXED IO
CANOGA PARK ARE                   Yes               2Y PP                  49.8                50.4           I            LIBOR 2/6 ARM IO
FALLBROOK                         Yes               3Y PP                 42.73               49.34           I            LIBOR 5/1 ARM IO
LAS VEGAS                         Yes               2Y PP                  36.9                47.2           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               3Y PP                 35.15               47.66           I            LIBOR 5/1 ARM IO
COMPTON                           Yes               3Y PP                 41.48               45.69           I            LIBOR 5/1 ARM IO
BALDWIN PARK                      Yes               2Y PP                 29.74                48.7           I            LIBOR 2/6 ARM IO
CYPRESS                           Yes               3Y PP                 38.24               47.05           I            LIBOR 5/6 ARM IO
COMPTON                           Yes               2Y PP                  37.7               38.28           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               2Y PP                 46.14               48.51           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               3Y PP                 37.72                40.3           I            LIBOR 5/1 ARM IO
LONG BEACH                        Yes               3Y PP                 42.84                45.9           I            LIBOR 5/1 ARM IO
LONG BEACH                        Yes               3Y PP                 42.84              49.547           I            BALLOON
SANTA ANA                         Yes               3Y PP                  33.2                44.1           I            FIXED
LOS ANGELES                       Yes               1Y PP                 43.46               44.34           I            LIBOR 2/6 ARM IO
SAN DIEGO                         Yes               2Y PP                 35.91                46.1           I            LIBOR 2/6 ARM IO
AREA OF SYLMAR                    Yes               2Y PP                 41.48               43.34           I            LIBOR 2/6 ARM IO
CHINO                             Yes               2Y PP                  49.4               49.87           I            LIBOR 2/6 ARM IO
AREA OF BLOOMIN                   Yes               3Y PP                 15.19               25.88           II           FIXED IO
LOS ANGELES                       Yes               2Y PP                  49.7                49.7           I            LIBOR 2/6 ARM IO
(COMPTON AREA)                    Yes               3Y PP                  45.8                  47           I            LIBOR 5/1 ARM IO
PROVO                             Yes               2Y PP                  28.5               48.37           I            LIBOR 2/6 ARM IO
ADELANTO                           No               No PP                 31.81               47.15           I            LIBOR 2/6 ARM IO
KENNEWICK                         Yes               2Y PP                 17.82               47.89           I            LIBOR 2/6 ARM IO
PORTLAND                          Yes               2Y PP                 37.84               49.15           I            LIBOR 2/6 ARM IO
COEUR D ALENE                     Yes               2Y PP                   2.2                40.8           I            LIBOR 2/6 ARM IO
EATONVILLE                        Yes               2Y PP                 22.64                  39           I            LIBOR 2/6 ARM IO
FEDERAL WAY                       Yes               3Y PP                 26.86               41.56           II           FIXED
PORTLAND                          Yes               3Y PP                 34.68               47.99           II           40YR BALLOON
RENTON                            Yes               3Y PP                  18.5               51.55           I            TREAS. 5/1 ARM IO
SPANAWAY                          Yes               2Y PP                 34.25               34.25           I            LIBOR 2/6 ARM IO
SPANAWAY                           No               No PP                 39.49              41.332           II           BALLOON
SEATTLE                           Yes               2Y PP                  16.3                  44           I            LIBOR 2/6 ARM IO
SUMNER                            Yes               2Y PP                 33.57                  46           I            LIBOR 2/6 ARM IO
LAKE FOREST                       Yes               3Y PP                 40.07               46.38           I            LIBOR 3/6 ARM IO
MARYSVILLE                        Yes               2Y PP                  25.5                47.8           I            LIBOR 2/6 ARM IO
ASHFORD                            No               No PP                 26.93               31.83           II           BALLOON
RATHDRUM                          Yes               2Y PP                  43.7                43.7           I            LIBOR 2/6 ARM IO
ABERDEEN                          Yes               2Y PP                 29.48               45.41           I            LIBOR 2/6 ARM
MILWAUKIE                         Yes               3Y PP                 10.94               11.68           I            FIXED IO
REDMOND                           Yes               2Y PP                 46.26               49.11           I            LIBOR 2/6 ARM IO
TACOMA                            Yes               3Y PP                  41.7               47.24           I            LIBOR 5/1 ARM IO
PUYALLUP                          Yes               2Y PP                 31.56               31.56           I            LIBOR 2/6 ARM IO
PUYALLUP                          Yes               3Y PP                 36.28               44.94           I            LIBOR 5/1 ARM IO
KENNEWICK                          No               No PP                 17.82               48.36           I            BALLOON
PORTLAND                          Yes               3Y PP                  45.7                47.5           I            LIBOR 3/6 ARM IO
MULWAUKIE                         Yes               3Y PP                  35.8                52.8           II           FIXED IO
MALAGA                            Yes               3Y PP                  31.3                31.3           II           FIXED
PORT ORCHARD                      Yes               3Y PP                 42.05               49.26           II           40YR BALLOON
BUCKLEY                           Yes               2Y PP                 46.23               48.32           I            LIBOR 2/6 ARM IO
BONNEY LAKE                       Yes               3Y PP                 34.93               44.39           II           FIXED IO
NAMPA                             Yes               2Y PP                    47                  47           I            LIBOR 2/6 ARM
TACOMA                            Yes               2Y PP                 25.66               40.02           I            LIBOR 2/6 ARM IO
TACOMA                             No               No PP                 27.08               41.44           I            BALLOON
LAKEWOOD                          Yes               3Y PP                 27.94               29.32           II           FIXED
OLYMPIA                           Yes               2Y PP                 23.09               38.33           I            LIBOR 2/6 ARM IO
COEUR D ALENE                      No               No PP                   2.2                44.5           I            BALLOON
TACOMA                            Yes               2Y PP                 33.42               49.91           I            LIBOR 2/6 ARM IO
SPOKANE                           Yes               2Y PP                 47.89               49.64           I            LIBOR 2/6 ARM IO
SEATTLE                           Yes               2Y PP                 34.78               37.42           I            LIBOR 2/6 ARM IO
ABERDEEN                          Yes               2Y PP                 32.39               41.26           I            LIBOR 2/6 ARM IO
COVINGTON                         Yes               2Y PP                 26.48               28.31           I            LIBOR 2/6 ARM IO
TACOMA                            Yes               2Y PP                 27.76               43.43           I            LIBOR 2/6 ARM IO
EUGENE                            Yes               3Y PP                 35.66               43.23           I            LIBOR 5/1 ARM IO
TACOMA                            Yes               2Y PP                 32.18               49.71           I            LIBOR 2/6 ARM IO
PHOENIX                           Yes               2Y PP                  40.1                42.5           I            LIBOR 2/6 ARM
SUMNER                            Yes               2Y PP                 32.72               40.49           I            LIBOR 2/6 ARM
EUGENE                            Yes               3Y PP                    38               48.15           II           FIXED
SEATTLE                           Yes               2Y PP                 25.75               43.66           I            LIBOR 2/6 ARM IO
WOODINVILLE                       Yes               3Y PP                 23.72               44.91           I            FIXED
TACOMA                            Yes               2Y PP                 19.72               32.87           I            LIBOR 2/6 ARM IO
SHELTON                           Yes               2Y PP                 37.39               43.99           I            LIBOR 2/6 ARM
EVERETT                           Yes               2Y PP                 34.13               45.01           I            LIBOR 2/6 ARM IO
PASADENA                           No               No PP                  44.6                48.1           I            BALLOON
SIMI VALLEY                       Yes               2Y PP                 44.75               48.42           I            LIBOR 2/6 ARM IO
VICTORVILLE                       Yes               2Y PP                 40.29               47.07           I            LIBOR 2/6 ARM
PALMDALE                          Yes               2Y PP                  41.3                44.9           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               3Y PP                  35.8                39.7           I            BALLOON
SAN DIEGO                         Yes               3Y PP                 38.51               38.63           I            FIXED
BUENA PARK                        Yes               2Y PP                 30.88               34.64           I            LIBOR 2/6 ARM IO
TRABUCO CANYON                    Yes               2Y PP                 26.21               34.51           I            LIBOR 2/6 ARM IO
CHATSWORTH                         No               No PP                 48.57               49.37           I            LIBOR 2/6 ARM IO
CORONA                            Yes               3Y PP                 26.48               41.13           I            BALLOON
BELLFLOWER                        Yes               3Y PP                  48.3                50.9           I            FIXED
LOS ANGELES                       Yes               1Y PP                 27.81                29.3           I            LIBOR 2/6 ARM IO
HAWTHORNE                         Yes               3Y PP                 12.96               45.97           I            LIBOR 2/6 ARM IO
IRVINE                            Yes               3Y PP                 24.25               33.39           I            FIXED
SANTA PAULA                       Yes               3Y PP                  18.4                  22           I            FIXED IO
LAKEWOOD                          Yes               3Y PP                  14.6                26.7           I            40YR BALLOON
ALHAMBRA                          Yes               2Y PP                 42.93               46.09           I            LIBOR 2/6 ARM IO
SACRAMENTO                        Yes               3Y PP                 41.51               49.98           II           40YR BALLOON
LOS ANGELES                       Yes               3Y PP                  44.8               45.35           I            LIBOR 5/1 ARM IO
SAN BERNARDINO                    Yes               2Y PP                  37.7               41.96           I            LIBOR 2/6 ARM IO
STOCKTON                          Yes               2Y PP                 32.84               35.77           I            LIBOR 2/6 ARM IO
LONG BEACH                        Yes               3Y PP                 49.87               49.87           I            LIBOR 5/1 ARM IO
KLAMATH FALLS                     Yes               2Y PP                 22.82                33.2           I            LIBOR 2/6 ARM
BELLINGHAM                         No               No PP                 29.74               35.48           I            BALLOON
PORTLAND                           No               No PP                 22.49               41.58           I            BALLOON
PUYALLUP                          Yes               2Y PP                 35.65               47.46           I            LIBOR 2/6 ARM IO
TACOMA                            Yes               2Y PP                 26.05               26.42           I            LIBOR 2/6 ARM
WASILLA                            No               No PP                 27.77               28.68           II           BALLOON
SPOKANE                           Yes               2Y PP                 29.96               47.36           I            LIBOR 2/6 ARM
WENDELL                           Yes               3Y PP                  15.5                32.8           I            FIXED
PAYETTE                           Yes               3Y PP                  21.2                39.6           I            40YR BALLOON
TACOMA                            Yes               3Y PP                 36.14               36.42           II           FIXED IO
SUQUAMISH                         Yes               3Y PP                 34.02               42.63           II           FIXED
PORTLAND                          Yes               3Y PP                  19.4                27.7           I            FIXED IO
TACOMA                             No               No PP                 34.85               36.03           II           BALLOON
PUYALLUP                           No               No PP                  45.4                54.1           II           BALLOON
UNIVERSITY PLAC                   Yes               3Y PP                 33.04                40.3           I            FIXED IO
COVINGTON                          No               No PP                 28.88               37.73           II           BALLOON
TWIN FALLS                        Yes               3Y PP                  16.7                19.6           I            BALLOON
GIG HARBOR                        Yes               1Y PP                  37.8                45.9           I            LIBOR 2/6 ARM IO
SHELTON                           Yes               3Y PP                  35.1               46.95           II           FIXED IO
PORTLAND                           No               No PP                 14.96               30.04           I            LIBOR 2/6 ARM
SPRINGFIELD                       Yes               2Y PP                 26.38                34.4           I            BALLOON
SEDRO WOOLLEY                     Yes               3Y PP                 31.69                47.3           I            40YR BALLOON
REPUBLIC                          Yes               3Y PP                 22.67               39.58           I            FIXED
ABERDEEN                          Yes               2Y PP                  47.2                47.2           I            LIBOR 2/6 ARM
OTHELLO                            No               No PP                    30                  52           I            FIXED
BOTHELL                            No               No PP                 25.18               34.96           I            BALLOON
SPOKANE                           Yes               3Y PP                 31.78               41.83           II           FIXED
SPOKANE                            No               No PP                 36.26               46.31           II           BALLOON
VALHALLA                           No               No PP                 20.57               43.35           I            FIXED
MONCKS CORNER                      No               No PP                  20.1                30.1           I            FIXED
BANGOR                             No               No PP                 30.76               44.08           I            FIXED
TRENTON                            No               No PP                 35.91               36.51           I            LIBOR 2/6 ARM
LANHAM                             No               No PP                 26.35               46.41           I            FIXED
LOWELL                            Yes               1Y PP                 18.35               36.48           I            FIXED IO
LOWELL                             No               No PP                 18.35               36.48           I            BALLOON
CALUMET CITY                       No               No PP                  30.6                43.5           I            LIBOR 5/1 ARM
CALUMET CITY                       No               No PP                  30.6                43.5           II           BALLOON
TOWER CITY                        Yes               3Y PP                 18.46               25.85           I            FIXED
MARKHAM                            No               No PP                  41.1                49.4           II           FIXED
SAINT CLAIR SHO                   Yes               2Y PP                 14.23               40.84           I            LIBOR 2/6 ARM
ATLANTA                           Yes               3Y PP                  10.3                44.3           I            FIXED
MONTICELLO                        Yes               3Y PP                 26.12               38.61           II           BALLOON
NORRIDGE                           No               No PP                    44                48.5           I            LIBOR 5/1 ARM
BROOKLYN PARK                     Yes               3Y PP                 36.85               41.01           II           FIXED
DETROIT                           Yes               2Y PP                     0               28.29           I            LIBOR 2/6 ARM
DETROIT                            No               No PP                     0               28.29           I            BALLOON
CANTON                            Yes               3Y PP                 30.48               41.58           II           40YR BALLOON
BOYNTON BEACH                     Yes               3Y PP                  16.6                33.8           I            40YR BALLOON
CHICAGO                            No               No PP                  47.6                48.4           I            FIXED
DECATUR                           Yes               3Y PP                  30.5                41.6           II           40YR BALLOON
GARY                               No               No PP                 31.06               41.53           II           40YR BALLOON
GARY                               No               No PP                 31.06               41.53           II           BALLOON
HAMPTON                           Yes               1Y PP                  29.4                46.7           II           40YR BALLOON
ADDISON                            No               No PP                  37.1                49.8           I            FIXED
PALATINE                           No               No PP                  25.9                46.5           I            LIBOR 2/6 ARM
ROBBINSDALE                        No               No PP                 46.78               48.64           II           BALLOON
LITTLE FALLS                      Yes               3Y PP                 35.77               42.48           I            40YR BALLOON
PRINCETON                         Yes               3Y PP                 45.32               46.18           I            40YR BALLOON
BROOKLYN PARK                     Yes               3Y PP                 23.95               43.69           I            LIBOR 3/6 ARM IO
BROOKLYN PARK                      No               No PP                 23.95               43.69           II           BALLOON
LAND O LAKES                      Yes               3Y PP                  29.4                49.6           II           FIXED
CHASKA                            Yes               3Y PP                    31                53.3           II           FIXED
SAINT PAUL                        Yes               3Y PP                 45.07               45.98           II           FIXED IO
HANOVER PARK                       No               No PP                  41.4                47.4           I            LIBOR 5/1 ARM
BUCKEYE                           Yes               2Y PP                 29.76               39.81           I            LIBOR 2/6 ARM IO
KINGMAN                           Yes               2Y PP                 25.28               34.39           I            LIBOR 2/6 ARM
LAS VEGAS                          No               No PP                  32.3               48.75           I            LIBOR 2/6 ARM IO
PHOENIX                           Yes               2Y PP                  40.3                47.4           I            LIBOR 2/6 ARM IO
KANSAS CITY                       Yes               3Y PP                 22.35                29.6           II           FIXED
KANSAS CITY                        No               No PP                 22.35                29.6           II           BALLOON
DETROIT                           Yes               3Y PP                 35.29               35.29           II           BALLOON
CHADWICK                           No               No PP                  15.7                  50           I            40YR BALLOON
RICHMOND                           No               No PP                 36.82               43.48           II           FIXED
NEW BEDFORD                        No               No PP                 38.91               39.55           II           FIXED
RICHMOND                          Yes               3Y PP                 35.83               48.64           II           FIXED
COLUMBIA                           No               No PP                 36.06               49.46           I            LIBOR 3/6 ARM
BANGOR                             No               No PP                 39.59               46.49           II           FIXED
NASHUA                            Yes               3Y PP                 40.01               53.18           II           FIXED
CHARLOTTE                          No               No PP                  27.1                50.3           II           FIXED
DETROIT                           Yes               3Y PP                  32.9                39.1           I            FIXED
CROWLEY                           Yes               3Y PP                 20.81               23.73           I            FIXED
MIAMI                             Yes               3Y PP                 44.56                44.7           II           FIXED
RIDGELAND                          No               No PP                  21.8               30.98           I            FIXED
RAILROAD FLAT                     Yes               3Y PP                 37.01               37.01           II           FIXED IO
LANCASTER                         Yes               3Y PP                 48.35               48.35           II           40YR BALLOON
RIDGELAND                          No               No PP                  21.8                34.3           I            BALLOON
HALSTEAD                          Yes               6M PP                 28.23               43.36           I            LIBOR 3/6 ARM
GILBERT                           Yes               3Y PP                    35               36.17           I            FIXED IO
GILBERT                           Yes               2Y PP                    35               36.17           I            BALLOON
DETROIT                           Yes               3Y PP                 35.29               35.29           II           40YR BALLOON
BRYAN                             Yes               3Y PP                 24.12               33.92           I            FIXED
LITTLE RIVER AC                   Yes               3Y PP                  19.7                35.5           I            FIXED
SAN ANTONIO                       Yes               3Y PP                 35.17               42.52           II           FIXED
LAREDO                            Yes               3Y PP                 15.12               16.75           I            FIXED
LAREDO                             No               No PP                 15.12               16.75           I            BALLOON
HOUSTON                           Yes               2Y PP                  26.6                38.9           I            LIBOR 2/6 ARM
KINGWOOD                          Yes               3Y PP                 29.73               43.38           I            FIXED
HOUSTON                           Yes               3Y PP                 23.39               33.56           I            FIXED
BAYTOWN                           Yes               3Y PP                     0               32.78           I            FIXED
LA PORTE                          Yes               3Y PP                 23.29                33.1           I            FIXED
BAYTOWN                            No               No PP                     0               32.78           I            BALLOON
BACLIFF                           Yes               3Y PP                  44.4                51.9           II           FIXED
HOUSTON                           Yes               3Y PP                 48.62               49.87           II           40YR BALLOON
AUSTIN                            Yes               3Y PP                 33.09               47.82           II           FIXED
DEER PARK                         Yes               3Y PP                  34.9                46.8           II           FIXED
FORT WORTH                        Yes               3Y PP                 36.06               49.82           II           FIXED
FORT WORTH                        Yes               2Y PP                 23.06               27.73           I            LIBOR 2/6 ARM
COLUMBIA                           No               No PP                  24.6                44.6           II           FIXED
JENKS                             Yes               3Y PP                  32.4                40.2           I            FIXED
MONCKS CORNER                      No               No PP                 42.98               43.52           II           FIXED
EL PASO                           Yes               3Y PP                  33.1                41.7           II           FIXED
SAN ANTONIO                       Yes               2Y PP                 17.74               49.58           I            LIBOR 2/6 ARM
CARROLLTON                         No               No PP                 32.31               48.03           II           FIXED
CARROLLTON                        Yes               2Y PP                 35.07               39.49           I            LIBOR 2/6 ARM
GARLAND                           Yes               3Y PP                 27.17                42.7           II           FIXED
EL PASO                           Yes               3Y PP                 26.15                46.5           I            FIXED
BOLIVAR                           Yes               3Y PP                  27.1                36.8           I            FIXED
ARLINGTON                         Yes               3Y PP                 28.81               48.85           II           40YR BALLOON
DALLAS                            Yes               2Y PP                 20.04               49.63           I            LIBOR 2/6 ARM
MEMPHIS                           Yes               2Y PP                  19.4               46.02           I            40YR BALLOON
HITCHCOCK                         Yes               3Y PP                 25.28               31.91           I            FIXED
DESOTO                            Yes               3Y PP                  28.3               51.09           I            FIXED
ATHENS                            Yes               2Y PP                 25.43               35.69           I            LIBOR 2/6 ARM
BOWIE                             Yes               3Y PP                 19.26               46.84           I            FIXED
BEDFORD                           Yes               3Y PP                 28.23               30.75           I            FIXED
DENISON                           Yes               3Y PP                 34.82               45.57           II           FIXED
SAN MARCOS                        Yes               3Y PP                 30.94               43.03           I            LIBOR 5/1 ARM
CEDAR HILL                        Yes               3Y PP                  24.8                32.3           II           FIXED
GLENN HEIGHTS                     Yes               3Y PP                 15.16               34.92           II           FIXED
IRVING                            Yes               3Y PP                 27.57                42.5           II           FIXED
PRYOR                              No               No PP                 30.04               48.46           I            BALLOON
ROWLETT                           Yes               3Y PP                 27.52               44.14           II           FIXED
BURLESON                          Yes               3Y PP                 19.28               48.93           I            FIXED
BOWIE                             Yes               3Y PP                 18.51               24.23           I            FIXED
BALCH SPRINGS                     Yes               3Y PP                 27.82               45.82           I            FIXED
BALCH SPRINGS                      No               No PP                 28.46               46.46           I            BALLOON
MCKINNEY                          Yes               3Y PP                 19.68                37.5           I            FIXED
DALLAS                            Yes               3Y PP                 14.57               14.78           I            FIXED
WICHITA FALLS                     Yes               3Y PP                 32.26               39.98           II           FIXED
FORT WORTH                        Yes               3Y PP                  13.8                34.4           I            FIXED
GRAND PRAIRIE                     Yes               3Y PP                 42.82               47.86           II           FIXED
BOWIE                             Yes               2Y PP                 23.66               24.49           I            LIBOR 2/6 ARM
GULFPORT                          Yes               3Y PP                 38.65               49.37           II           FIXED
MAYNARDVILLE                      Yes               3Y PP                  34.6                42.3           I            LIBOR 5/1 ARM
VILONIA                           Yes               2Y PP                 20.51               49.53           I            LIBOR 2/6 ARM
EL PASO                           Yes               3Y PP                 32.46               38.41           I            FIXED
FORT WORTH                        Yes               2Y PP                 32.07               49.46           I            LIBOR 2/6 ARM
VICTORIA                          Yes               6M PP                 14.15               22.18           I            LIBOR 3/6 ARM
LOWRY CROSSING                    Yes               3Y PP                  35.9                46.1           II           FIXED
HAYDEN                            Yes               3Y PP                 49.43               49.43           II           FIXED
TELEPHONE                         Yes               3Y PP                  9.99               16.82           I            FIXED
GRAND PRAIRIE                     Yes               2Y PP                 26.13               49.14           I            LIBOR 2/6 ARM
HOUSTON                            No               No PP                 24.35               44.05           II           FIXED
STANHOPE                           No               No PP                  37.6               46.84           I            FIXED
PORT NECHES                       Yes               3Y PP                  17.1               28.73           II           FIXED
RICHMOND                          Yes               3Y PP                 35.68                47.3           I            FIXED
DALLAS                            Yes               3Y PP                    29               44.43           I            FIXED
SAN ANTONIO                       Yes               3Y PP                 18.01                36.5           I            FIXED
WILLIS                            Yes               3Y PP                 27.39               45.41           I            FIXED
KYLE                              Yes               3Y PP                 24.77                  32           I            FIXED
HUMBLE                            Yes               3Y PP                    20                33.3           I            FIXED
HUNTSVILLE                        Yes               3Y PP                 22.36               45.96           I            FIXED
WILLIS                            Yes               3Y PP                  21.7              18.404           I            FIXED
HOUSTON                           Yes               3Y PP                 33.24               38.94           II           FIXED
KATY                              Yes               3Y PP                 38.77               44.73           II           FIXED
HORIZON CITY                      Yes               2Y PP                 48.84               48.84           I            LIBOR 2/6 ARM
NEW BRAUNFELS                     Yes               3Y PP                 29.21               38.26           I            FIXED
PASADENA                          Yes               3Y PP                 34.51               34.51           II           FIXED
HOUSTON                           Yes               3Y PP                  25.7                37.6           I            FIXED
LEANDER                           Yes               3Y PP                  32.8                38.2           II           FIXED
S. OGDEN                          Yes               2Y PP                  32.8               38.93           I            LIBOR 2/6 ARM
BILLINGS                          Yes               2Y PP                 41.25               42.31           I            LIBOR 2/6 ARM
TOOELE                            Yes               2Y PP                  31.6                48.8           I            LIBOR 2/6 ARM IO
LEHI                              Yes               3Y PP                 29.99               48.54           I            FIXED
WEST VALLEY                       Yes               2Y PP                 31.36               45.15           I            LIBOR 2/6 ARM
SAINT GEORGE                      Yes               2Y PP                  29.8               36.48           I            LIBOR 2/6 ARM
COLORADO SPRING                   Yes               3Y PP                 24.16               40.98           I            40YR BALLOON
WALDORF                            No               No PP                 31.17               48.27           II           BALLOON
OWINGS MILLS                       No               No PP                 47.64               48.14           I            LIBOR 2/6 ARM IO
CHICAGO                            No               No PP                 35.02               38.49           I            LIBOR 2/6 ARM IO
CHICAGO                            No               No PP                 35.02               38.49           I            BALLOON
GLENDALE HEIGHT                    No               No PP                  36.2                45.3           II           FIXED
LA MARQUE                         Yes               2Y PP                 36.94               47.32           I            LIBOR 2/6 ARM
LAKE JACKSON                       No               No PP                 36.94               47.32           I            BALLOON
EL PASO                           Yes               3Y PP                  29.8               48.33           II           FIXED
SHOREACRES                        Yes               3Y PP                 10.57                32.6           I            FIXED
EDINBURG                           No               No PP                 36.33               37.76           II           BALLOON
HOUSTON                           Yes               3Y PP                  19.5                31.4           I            FIXED
MONTGOMERY                        Yes               2Y PP                 14.89               16.56           I            LIBOR 2/6 ARM
ANGLETON                           No               No PP                  26.8               42.98           I            FIXED
HOUSTON                           Yes               3Y PP                    24                33.8           II           40YR BALLOON
MAGNOLIA                          Yes               3Y PP                  37.1                37.6           II           FIXED
LEADWOOD                          Yes               2Y PP                 25.01               36.48           I            LIBOR 2/6 ARM
ST. LOUIS                         Yes               3Y PP                 37.06               38.06           I            FIXED
LINCOLN                           Yes               3Y PP                 34.61               34.61           II           FIXED
MILFORD                            No               No PP                 41.01               47.57           I            FIXED
SAINT LOUIS                       Yes               2Y PP                 18.97               37.16           I            LIBOR 2/6 ARM
JESUP                              No               No PP                 30.62               43.61           I            FIXED
LEAVENWORTH                        No               No PP                 19.42               43.51           II           BALLOON
MASON CITY                         No               No PP                 14.64               42.94           II           FIXED
INDEPENDENCE                      Yes               3Y PP                 24.27               35.86           II           FIXED
KANSAS CITY                        No               No PP                  21.5               32.67           II           FIXED
ST. LOUIS                         Yes               3Y PP                    31                  49           I            40YR BALLOON
BLAIR                             Yes               2Y PP                 29.58               49.72           I            LIBOR 2/6 ARM
KANSAS CITY                       Yes               6M PP                 21.15               21.65           II           FIXED
DES MOINES                         No               No PP                 28.88               43.81           II           FIXED IO
OMAHA                             Yes               3Y PP                  33.2                51.3           II           FIXED
RAYMORE                           Yes               3Y PP                 15.88               34.05           I            FIXED IO
SAINT LOUIS                       Yes               2Y PP                 27.69               43.46           I            LIBOR 2/6 ARM
FREEBURG                           No               No PP                 40.27                44.3           II           FIXED
COUNCIL BLUFFS                     No               No PP                 25.56               45.64           I            LIBOR 2/6 ARM
OLATHE                             No               No PP                 25.65               45.74           II           FIXED
ST. LOUIS                          No               No PP                 22.11               38.02           II           BALLOON
CANTON                            Yes               6M PP                 19.56               34.01           I            LIBOR 2/6 ARM
SIBLEY                            Yes               2Y PP                 22.84               37.12           I            LIBOR 2/6 ARM
SAINT LOUIS                       Yes               2Y PP                  20.9               31.02           I            LIBOR 2/6 ARM
TIFFIN                             No               No PP                 25.19               39.76           II           FIXED
LEE'S SUMMIT                      Yes               3Y PP                 27.75               36.61           I            40YR BALLOON
KANSAS CITY                       Yes               2Y PP                  4.69                13.3           I            LIBOR 2/6 ARM
KANSAS CITY                       Yes               2Y PP                 36.61               36.61           I            LIBOR 2/6 ARM
SAINT LOUIS                       Yes               2Y PP                 49.91               49.91           I            LIBOR 2/6 ARM IO
COUNCIL BLUFFS                     No               No PP                 15.27               27.89           I            LIBOR 2/6 ARM
KANSAS CITY                       Yes               2Y PP                 27.75               27.75           I            LIBOR 2/6 ARM
SAINT LOUIS                       Yes               2Y PP                 28.77               38.14           I            LIBOR 2/6 ARM
KANSAS CITY                       Yes               2Y PP                 39.64               39.64           I            LIBOR 2/6 ARM
ST. LOUIS                         Yes               2Y PP                 19.94               41.21           I            LIBOR 3/6 ARM
LEON                              Yes               6M PP                  22.7                24.8           I            LIBOR 2/6 ARM
BELLEVUE                          Yes               2Y PP                 21.29               41.74           I            LIBOR 2/6 ARM
WICHITA                            No               No PP                 32.44                46.9           II           FIXED
KANSAS CITY                       Yes               3Y PP                 35.86               35.86           II           FIXED
KANSAS CITY                       Yes               2Y PP                  6.66               33.78           I            LIBOR 2/6 ARM
OMAHA                             Yes               2Y PP                 34.96               49.83           I            LIBOR 2/6 ARM
KANSAS CITY                       Yes               3Y PP                 29.69               42.74           II           FIXED
OVERLAND PARK                     Yes               6M PP                 35.35               44.65           I            LIBOR 2/6 ARM
HUTCHINSON                        Yes               6M PP                     0               40.97           I            LIBOR 2/6 ARM
BATES CITY                        Yes               3Y PP                  22.5                50.8           II           FIXED
COSBY                             Yes               2Y PP                 24.53               47.42           I            LIBOR 2/6 ARM IO
WENATCHEE                         Yes               2Y PP                 33.62               33.62           I            LIBOR 2/6 ARM IO
WEST LINN                         Yes               3Y PP                  36.1                50.6           I            40YR BALLOON
BREMERTON                         Yes               3Y PP                 32.31               43.93           II           FIXED
PORTLAND                          Yes               2Y PP                 22.73               32.61           I            BALLOON
CAMARILLO                         Yes               2Y PP                  28.4                33.3           I            BALLOON
QUARTZ HILL ARE                    No               No PP                 30.68                49.1           I            LIBOR 2/6 ARM IO
CARSON                             No               No PP                 42.61                49.9           I            BALLOON
APPLE VALLEY AR                   Yes               2Y PP                 31.23                38.9           I            BALLOON
BUENA PARK                        Yes               2Y PP                 37.47               49.95           I            LIBOR 2/6 ARM IO
QUARTZ HILL ARE                   Yes               3Y PP                   4.8                  17           I            FIXED
WILMINGTON AREA                   Yes               3Y PP                    43                43.4           I            BALLOON
LOS ANGELES                       Yes               3Y PP                 34.45               41.76           I            FIXED IO
ADELANTO                          Yes               3Y PP                  38.8                47.6           II           FIXED
LANCASTER AREA                    Yes               3Y PP                  42.1                53.5           II           FIXED
NIPOMO                             No               No PP                  28.6                46.4           I            BALLOON
CORONA                            Yes               2Y PP                 44.46               49.93           I            LIBOR 2/6 ARM IO
VENTURA (AREA O                   Yes               3Y PP                 30.54               44.42           I            FIXED
NORTHRIDGE AREA                   Yes               3Y PP                 46.48               49.17           II           FIXED
NORTHRIDGE AREA                   Yes               3Y PP                  18.6                18.6           I            FIXED
WOODLAND HILLS                     No               No PP                 28.71               45.01           I            LIBOR 2/6 ARM IO
POMONA                            Yes               2Y PP                 38.72               45.86           I            LIBOR 2/6 ARM IO
VICTORVILLE                       Yes               3Y PP                 44.65               45.85           I            LIBOR 5/1 ARM IO
HEMET                             Yes               2Y PP                  41.6                46.6           I            BALLOON
MATTAWA                            No               No PP                 29.62               34.74           I            BALLOON
COEUR D ALENE                     Yes               2Y PP                  19.8                23.5           I            LIBOR 2/6 ARM IO
IDAHO FALLS                       Yes               2Y PP                  20.3                47.8           II           BALLOON
SPOKANE                           Yes               3Y PP                 24.26               35.78           I            LIBOR 3/6 ARM
EVERETT                            No               No PP                 33.42               46.22           I            BALLOON
SPOKANE                            No               No PP                 28.65               49.06           II           BALLOON
KANSAS CITY                       Yes               3Y PP                 29.76               47.67           I            FIXED
CEDAR RAPIDS                       No               No PP                    27                46.9           I            LIBOR 2/6 ARM
OVERLAND PARK                      No               No PP                 36.82                37.9           II           FIXED
DES MOINES                         No               No PP                 36.77               49.94           II           40YR BALLOON
MAQUOKETA                          No               No PP                 20.34               49.71           I            FIXED
ST. PETERS                        Yes               2Y PP                 21.31               29.94           I            LIBOR 2/6 ARM IO
GARDNER                            No               No PP                  8.84               12.89           I            FIXED
ABBYVILLE                         Yes               6M PP                 23.22               43.91           I            LIBOR 2/6 ARM
ST. LOUIS                         Yes               2Y PP                  27.6                42.3           I            LIBOR 2/6 ARM
DES MOINES                         No               No PP                 33.68               49.26           II           40YR BALLOON
MAQUOKETA                          No               No PP                  18.2                30.9           I            FIXED
KANSAS CITY                       Yes               3Y PP                 27.58                39.1           II           FIXED
PERRY                              No               No PP                 27.48               41.99           II           FIXED
OVERLAND PARK                      No               No PP                  26.9                30.5           II           FIXED
OLATHE                             No               No PP                 22.16               49.27           II           40YR BALLOON
KANSAS CITY                       Yes               3Y PP                 29.58               35.69           II           FIXED
GRANDVIEW                         Yes               3Y PP                 49.87               49.87           II           40YR BALLOON
ADAIR                              No               No PP                 14.72                  38           II           FIXED
ASHLAND                            No               No PP                  5.41               10.58           I            LIBOR 2/6 ARM IO
KANSAS CITY                       Yes               3Y PP                  27.8                51.3           II           40YR BALLOON
VIOLA                              No               No PP                 24.82               42.24           II           FIXED
GRAIN VALLEY                       No               No PP                 35.97               37.36           II           BALLOON
MAQUOKETA                          No               No PP                 17.56               29.61           I            FIXED
COLORADO SPRING                   Yes               3Y PP                  31.6                  47           II           40YR BALLOON
KANSAS CITY                        No               No PP                  46.6               48.91           II           BALLOON
CRESTON                            No               No PP                 24.78               47.95           I            FIXED
COVINGTON                         Yes               3Y PP                  45.6                49.7           II           40YR BALLOON
ELIZABETH CITY                    Yes               2Y PP                 22.38               48.59           I            LIBOR 2/6 ARM
FORT WALTON BEA                   Yes               1Y PP                  45.5                48.8           I            LIBOR 2/6 ARM
ATLANTA                           Yes               1Y PP                  33.7                  35           I            LIBOR 2/6 ARM
MCHENRY                            No               No PP                 23.66               28.31           I            40YR BALLOON
HIALEAH                           Yes               3Y PP                  33.8                49.1           II           FIXED
LITHONIA                          Yes               3Y PP                  40.5                46.3           II           40YR BALLOON
ORLANDO                           Yes               2Y PP                  20.3                27.1           I            LIBOR 2/6 ARM
PORT SAINT LUCI                   Yes               2Y PP                  36.3                44.8           I            LIBOR 2/6 ARM
CLERMONT                          Yes               2Y PP                  34.1                45.2           I            LIBOR 2/6 ARM IO
MIAMI                             Yes               2Y PP                  31.6                32.6           I            LIBOR 2/6 ARM
CHICAGO                            No               No PP                 12.63               30.28           I            40YR BALLOON
NORTH AUGUSTA                      No               No PP                  28.6               46.79           II           FIXED
ATLANTA                           Yes               3Y PP                  36.9                41.1           II           40YR BALLOON
SUNRISE                           Yes               2Y PP                  22.3                34.8           I            LIBOR 2/6 ARM
ATLANTA                           Yes               3Y PP                  28.4                  48           II           FIXED
NORTHBROOK                         No               No PP                 32.97               37.22           I            FIXED
SNELLVILLE                        Yes               2Y PP                  44.8                47.4           I            LIBOR 2/6 ARM
CAROL STREAM                       No               No PP                 37.84               37.84           I            LIBOR 2/6 ARM
ELLENWOOD                         Yes               2Y PP                  32.6                40.2           I            LIBOR 2/6 ARM
TAMPA                             Yes               2Y PP                  35.5                38.2           I            LIBOR 2/6 ARM
COVINGTON                         Yes               2Y PP                  21.2              38.964           I            LIBOR 2/6 ARM
NEWNAN                            Yes               3Y PP                  27.1                42.2           II           40YR BALLOON
ELLENWOOD                         Yes               3Y PP                  23.1                38.4           I            40YR BALLOON
ORANGE PARK                        No               No PP                  44.4                45.8           I            LIBOR 2/6 ARM
SCOTTSDALE                         No               No PP                 34.47               48.36           I            BALLOON
CASA GRANDE                        No               No PP                 40.67               49.86           II           BALLOON
PHOENIX                           Yes               2Y PP                 36.99               44.85           I            LIBOR 2/6 ARM IO
CASA GRANDE                       Yes               2Y PP                 28.04                47.8           I            BALLOON
QUEEN CREEK                       Yes               2Y PP                 15.75                  41           I            BALLOON
PHOENIX                           Yes               1Y PP                  42.1                42.1           I            LIBOR 2/6 ARM
SURPRISE                           No               No PP                 36.24               49.72           I            BALLOON
TUCSON                            Yes               2Y PP                 27.77               38.37           II           BALLOON
QUEEN CREEK                       Yes               1Y PP                 26.71               39.71           I            LIBOR 2/6 ARM IO
CASA GRANDE                       Yes               3Y PP                 27.91               47.04           I            FIXED
NORTH LAS VEGAS                   Yes               2Y PP                  27.5                  40           I            BALLOON
LAS VEGAS                         Yes               3Y PP                 36.81               42.71           II           FIXED IO
GOLD CANYON                       Yes               2Y PP                 42.17               42.58           I            LIBOR 2/6 ARM
MAYER                             Yes               3Y PP                 44.43               48.05           II           FIXED
QUEEN CREEK                        No               No PP                  37.6                40.5           II           FIXED IO
KINGMAN                            No               No PP                 27.85               29.61           I            BALLOON
TUCSON                            Yes               3Y PP                 13.92               23.29           I            FIXED
SURPRISE                          Yes               3Y PP                 35.91               45.15           II           BALLOON
CASA GRANDE                       Yes               2Y PP                 45.64                48.9           II           BALLOON
LAS VEGAS                         Yes               3Y PP                 20.25               37.36           I            LIBOR 5/1 ARM IO
GOODYEAR                          Yes               2Y PP                 16.93               17.02           I            LIBOR 2/6 ARM IO
SURPRISE                          Yes               3Y PP                 32.19               42.92           I            LIBOR 5/1 ARM IO
TOLLESON                          Yes               2Y PP                 29.08               46.64           I            LIBOR 2/6 ARM IO
MESA                              Yes               3Y PP                 34.21               45.83           I            LIBOR 5/1 ARM
QUEEN CREEK                       Yes               2Y PP                 32.67               49.76           I            LIBOR 2/6 ARM IO
LAS VEGAS                         Yes               2Y PP                 22.06               39.01           I            BALLOON
QUEEN CREEK                       Yes               2Y PP                 29.13               38.07           II           BALLOON
CASA GRANDE                       Yes               2Y PP                 41.02               49.33           I            LIBOR 2/6 ARM IO
LAS VEGAS                         Yes               2Y PP                 26.51               26.69           I            LIBOR 2/6 ARM IO
AVONDALE                          Yes               2Y PP                 36.12               49.43           I            LIBOR 2/6 ARM IO
FORT MOHAVE                       Yes               2Y PP                  18.3               44.17           I            LIBOR 2/6 ARM IO
QUEEN CREEK                       Yes               2Y PP                 25.06               48.91           I            LIBOR 2/6 ARM IO
GLENDALE                          Yes               2Y PP                 28.88               35.59           I            LIBOR 2/6 ARM IO
SURPRISE                          Yes               2Y PP                 45.64                48.7           I            LIBOR 2/6 ARM IO
NORTH LAS VEGAS                   Yes               3Y PP                  20.1                30.2           II           40YR BALLOON
SEDONA                            Yes               2Y PP                 41.26               49.43           I            LIBOR 2/6 ARM IO
LAS VEGAS                         Yes               3Y PP                 45.15               45.15           I            LIBOR 5/1 ARM IO
PHOENIX                           Yes               2Y PP                 37.92               42.72           I            LIBOR 2/6 ARM IO
PHOENIX                           Yes               2Y PP                 30.31               49.04           I            LIBOR 2/6 ARM IO
PHOENIX                           Yes               2Y PP                 29.21               45.64           I            LIBOR 2/6 ARM
QUEEN CREEK                       Yes               2Y PP                 41.71               41.93           I            LIBOR 2/6 ARM IO
QUEEN CREEK                       Yes               2Y PP                 31.15               46.12           I            LIBOR 2/6 ARM IO
QUEEN CREEK                       Yes               2Y PP                 48.36               48.36           I            LIBOR 2/6 ARM IO
SAHUARITA                         Yes               2Y PP                 39.91               48.85           I            LIBOR 2/6 ARM IO
AMADO                             Yes               2Y PP                 40.02               40.59           I            LIBOR 2/6 ARM
TUCSON                            Yes               2Y PP                 20.56               41.93           I            LIBOR 2/6 ARM
PHOENIX                            No               No PP                 46.36               49.23           I            LIBOR 2/6 ARM
LAVEEN                            Yes               2Y PP                 40.88               44.42           I            LIBOR 2/6 ARM
SURPRISE                          Yes               2Y PP                 34.02               34.52           I            LIBOR 2/6 ARM IO
PEORIA                            Yes               2Y PP                    33                50.1           I            LIBOR 2/6 ARM
SURPRISE                          Yes               3Y PP                 32.56               46.89           II           FIXED IO
QUEEN CREEK                       Yes               2Y PP                 26.33               45.86           I            LIBOR 2/6 ARM IO
KINGMAN                           Yes               2Y PP                 34.08               47.98           I            LIBOR 2/6 ARM
PHOENIX                           Yes               2Y PP                  36.9                48.4           I            LIBOR 2/6 ARM IO
KANSAS CITY                       Yes               2Y PP                 27.65               27.65           I            LIBOR 2/6 ARM
INDEPENDENCE                      Yes               2Y PP                 23.38               32.35           I            LIBOR 2/6 ARM
CHARLES CITY                       No               No PP                 12.21               31.16           I            FIXED
INDEPENDENCE                      Yes               2Y PP                     0               35.79           I            LIBOR 2/6 ARM
KANSAS CITY                       Yes               2Y PP                  27.1                36.7           I            LIBOR 2/6 ARM
SENECA                             No               No PP                 30.84                39.7           II           BALLOON
LEAVENWORTH                       Yes               6M PP                 45.68               49.84           I            LIBOR 2/6 ARM
KANSAS CITY                       Yes               3Y PP                  22.1               31.76           I            FIXED
DES MOINES                         No               No PP                 39.58               45.35           I            LIBOR 2/6 ARM
COUNCIL BLUFFS                     No               No PP                 30.61               49.19           II           BALLOON
KANSAS CITY                       Yes               3Y PP                 17.32               33.86           I            FIXED
PALATINE                           No               No PP                 29.49               42.66           I            40YR BALLOON
PORT CHARLOTTE                    Yes               2Y PP                  46.9                46.9           I            LIBOR 2/6 ARM
ATLANTA                           Yes               2Y PP                  38.9                46.7           I            LIBOR 2/6 ARM
CHICAGO                            No               No PP                 38.86               42.12           I            FIXED
ATLANTA                           Yes               2Y PP                  36.9                41.4           I            LIBOR 2/1 ARM
ST CLAIR SHORES                   Yes               2Y PP                 23.77               36.02           I            LIBOR 2/6 ARM
CHICAGO                            No               No PP                  49.9                49.9           II           FIXED
LITHONIA                          Yes               1Y PP                  29.9                48.1           I            BALLOON
JACKSON                           Yes               3Y PP                 24.44               49.71           I            FIXED
AURORA                             No               No PP                  30.2                51.3           II           FIXED IO
HOFFMAN ESTATES                    No               No PP                 39.44               40.66           I            FIXED
COON RAPIDS                       Yes               3Y PP                 34.64               47.83           II           FIXED IO
PLAINFIELD                         No               No PP                 37.12               39.45           II           FIXED
SCHAUMBURG                         No               No PP                 35.81               45.48           II           FIXED
JACKSONVILLE                      Yes               3Y PP                  31.2                44.2           II           FIXED
DETROIT                           Yes               2Y PP                 21.68               21.68           I            LIBOR 2/6 ARM
RUFFIN                             No               No PP                 18.95               26.23           II           FIXED
TITUSVILLE                        Yes               2Y PP                  30.3                36.1           I            LIBOR 2/6 ARM
ROSEVILLE                         Yes               3Y PP                 17.21                35.1           II           FIXED
LAKELAND                          Yes               3Y PP                  20.4                22.5           II           40YR BALLOON
CHICAGO                            No               No PP                 32.37                47.4           II           FIXED
RIVERDALE                         Yes               3Y PP                  34.6                51.4           II           40YR BALLOON
CHICAGO                            No               No PP                 42.92                44.7           II           FIXED IO
CHICAGO HEIGHTS                    No               No PP                 34.45               45.28           I            LIBOR 2/6 ARM
ROCKMART                          Yes               3Y PP                  32.9                35.3           II           FIXED
BOGART                            Yes               3Y PP                  54.7                54.7           II           FIXED
EVANSVILLE                        Yes               3Y PP                 20.39               47.63           II           FIXED
DETROIT                           Yes               3Y PP                 33.06               33.06           II           FIXED
GAINESVILLE                       Yes               1Y PP                  32.2                43.4           I            LIBOR 2/6 ARM
MIRAMAR                           Yes               3Y PP                  40.4                47.7           I            LIBOR 5/1 ARM IO
MAYWOOD                            No               No PP                  46.4                53.9           II           FIXED
CHICAGO                            No               No PP                    11                44.9           I            LIBOR 5/1 ARM
ROSEMONT                           No               No PP                 36.88                45.9           I            LIBOR 5/1 ARM
NEWAYGO                           Yes               2Y PP                 11.45               15.14           I            LIBOR 2/6 ARM
NEWAYGO                           Yes               2Y PP                 11.45               15.14           I            BALLOON
ATLANTA                           Yes               2Y PP                  13.9                36.9           I            BALLOON
HARVEY                             No               No PP                 26.23               41.48           I            LIBOR 5/1 ARM
CHICAGO                            No               No PP                 17.61               22.56           I            LIBOR 5/1 ARM
MILTON                            Yes               3Y PP                  50.7                50.7           II           FIXED
WOODRIDGE                          No               No PP                 33.94               34.86           II           FIXED IO
ST LOUIS PARK                     Yes               3Y PP                 48.95               49.85           II           FIXED IO
HIGH POINT                         No               No PP                    24               31.88           I            LIBOR 2/6 ARM
BELLEVILLE                        Yes               3Y PP                 23.88               28.62           I            FIXED
CONYERS                           Yes               2Y PP                  19.2                26.8           I            LIBOR 2/6 ARM
COVINGTON                          No               No PP                  37.8                46.2           II           BALLOON
VALDOSTA                          Yes               3Y PP                  27.7                43.2           II           FIXED
DEFUNIAK SPRING                   Yes               3Y PP                  32.8                33.3           I            FIXED
CHICAGO                            No               No PP                 21.86               24.76           I            LIBOR 5/1 ARM
MACOMB                            Yes               3Y PP                    42                  42           II           FIXED IO
HIALEAH                           Yes               3Y PP                  47.5                53.6           II           40YR BALLOON
ELK RIVER                         Yes               3Y PP                 29.23               39.04           I            LIBOR 5/1 ARM IO
LAFAYETTE                         Yes               3Y PP                 38.73               44.36           II           FIXED
GATESVILLE                         No               No PP                 26.56               47.72           I            LIBOR 2/6 ARM
AUGUSTA                           Yes               3Y PP                  13.4                42.8           II           FIXED
MOUNT PROSPECT                     No               No PP                 34.09               36.39           I            LIBOR 2/6 ARM
ROCHELLE                           No               No PP                  46.3                46.3           I            LIBOR 5/1 ARM
MOUNT VERNON                      Yes               2Y PP                 24.39              48.774           I            LIBOR 2/6 ARM
DETROIT                           Yes               3Y PP                 26.76               42.44           I            LIBOR 3/6 ARM
TAMPA                              No               No PP                  41.7                53.8           II           BALLOON
TEMPLE                            Yes               3Y PP                  34.4                48.9           II           40YR BALLOON
DOUGLASVILLE                      Yes               2Y PP                  14.9                34.9           I            BALLOON
ROSELLE                            No               No PP                  8.11               27.54           I            LIBOR 5/1 ARM
ELMORE                            Yes               2Y PP                 25.75               37.87           I            LIBOR 2/6 ARM
CROSS                              No               No PP                 41.08               41.97           II           FIXED
LECANTO                           Yes               2Y PP                  31.4                36.6           I            BALLOON
DECATUR                           Yes               3Y PP                  49.2                49.2           II           40YR BALLOON
AUBURN HILLS                      Yes               2Y PP                 28.24               48.03           I            LIBOR 2/6 ARM
LOUISVILLE                        Yes               2Y PP                  34.7                48.7           I            LIBOR 2/6 ARM
GLENDALE HEIGHT                    No               No PP                 32.54               47.72           II           40YR BALLOON
RIVERVIEW                         Yes               2Y PP                  21.7                34.6           I            BALLOON
SOUTH HOLLAND                      No               No PP                 42.59               42.59           I            LIBOR 5/1 ARM
CHICAGO                            No               No PP                 33.95               43.61           I            LIBOR 2/6 ARM IO
MAYWOOD                            No               No PP                  45.8                45.8           II           40YR BALLOON
CHICAGO                            No               No PP                 43.52               48.52           I            LIBOR 5/1 ARM
LILBURN                           Yes               2Y PP                  20.2                41.4           I            LIBOR 2/6 ARM
DEERFIELD                          No               No PP                    34                42.2           I            LIBOR 5/1 ARM
NEW PORT RICHEY                   Yes               3Y PP                  25.3                34.1           I            FIXED
GLENWOOD                           No               No PP                 42.02               49.63           II           40YR BALLOON
INDIANAPOLIS                      Yes               2Y PP                 32.16               41.45           I            LIBOR 2/6 ARM
UNION                              No               No PP                 20.28               20.28           I            FIXED
CHICAGO                            No               No PP                 35.31               48.63           II           FIXED
SANFORD                           Yes               2Y PP                  44.8                44.8           I            LIBOR 2/6 ARM IO
ORLAND PARK                        No               No PP                  26.5                29.9           I            LIBOR 3/6 ARM
ELGIN                              No               No PP                  52.2                52.2           I            LIBOR 5/1 ARM
BELLWOOD                           No               No PP                 37.21                  40           I            LIBOR 2/6 ARM IO
JOLIET                             No               No PP                  11.7               11.88           I            LIBOR 3/6 ARM
STERLING HEIGHT                   Yes               2Y PP                 10.91               20.38           I            LIBOR 2/6 ARM
IXONIA                             No               No PP                 31.25               45.33           I            40YR BALLOON
BERWYN                             No               No PP                 44.88               44.88           I            LIBOR 2/6 ARM
WHEATON                            No               No PP                 23.85               23.89           I            40YR BALLOON
SAUK VILLAGE                       No               No PP                 43.02                45.4           I            LIBOR 2/6 ARM
GRAND RAPIDS                      Yes               2Y PP                 32.92               48.87           I            LIBOR 2/6 ARM
CHICAGO                            No               No PP                 43.77               45.91           I            LIBOR 5/1 ARM
CHICAGO                            No               No PP                  49.3                49.3           I            LIBOR 5/1 ARM
CHICAGO HEIGHTS                    No               No PP                 30.31               39.44           I            LIBOR 5/1 ARM
DETROIT                           Yes               3Y PP                 34.24               45.93           II           FIXED
HAZEL PARK                        Yes               2Y PP                     0               45.67           I            LIBOR 2/6 ARM
ROCKFORD                           No               No PP                 44.21               44.21           I            LIBOR 3/6 ARM
HOLIDAY                           Yes               3Y PP                  27.9                  43           II           FIXED
WESTCHESTER                        No               No PP                  32.5               37.05           I            LIBOR 5/1 ARM IO
MACHESNEY PARK                     No               No PP                 39.73               40.52           I            LIBOR 2/6 ARM
CUMMING                           Yes               3Y PP                  49.7                49.7           I            40YR BALLOON
BRADENTON                         Yes               3Y PP                  48.7                48.7           II           FIXED
GLENN DALE                         No               No PP                 45.12               45.34           I            LIBOR 2/6 ARM IO
CHARLOTTE                         Yes               2Y PP                 26.65               26.88           I            LIBOR 2/6 ARM
COLLEGE PARK                      Yes               3Y PP                  11.8                42.3           I            FIXED
MONTGOMERY                         No               No PP                 39.19                49.7           II           40YR BALLOON
BANGOR                             No               No PP                  30.5                54.4           I            FIXED
ROCHESTER HILLS                   Yes               2Y PP                  20.9                37.9           I            TREAS. 5/1 ARM IO
FOX LAKE                           No               No PP                    33                  48           I            LIBOR 2/6 ARM
ULEN                              Yes               3Y PP                 10.55               48.42           II           FIXED
STONE MOUNTAIN                    Yes               3Y PP                  42.7                50.1           II           FIXED
ROCKMART                          Yes               2Y PP                  27.5                47.2           I            LIBOR 2/6 ARM
ROCKMART                          Yes               2Y PP                  27.5                47.2           I            BALLOON
SALEM                             Yes               2Y PP                 40.29               41.25           I            LIBOR 2/6 ARM
PROVIDENCE                        Yes               1Y PP                 49.22               49.22           II           40YR BALLOON
REDDICK                            No               No PP                 19.89               40.16           II           FIXED
CHICAGO HEIGHTS                    No               No PP                  40.1                  55           I            LIBOR 5/1 ARM IO
HUDSON                             No               No PP                 30.94               38.97           I            LIBOR 2/6 ARM
KENDUSKEAG                         No               No PP                 34.66               48.91           II           FIXED
SKOWHEGAN                          No               No PP                 19.98               35.75           I            FIXED
STAFFORD                          Yes               3Y PP                 38.87               44.59           II           FIXED IO
AGAWAM                             No               No PP                  13.2                25.6           II           FIXED
NEW LENOX                          No               No PP                  53.3                53.3           II           FIXED
UPPER MARLBORO                     No               No PP                  42.2                51.2           I            LIBOR 3/6 ARM IO
BRIDGEVIEW                         No               No PP                    41                41.3           I            LIBOR 5/1 ARM
WASHINGTON                         No               No PP                 36.56               41.79           II           FIXED
MAPLEWOOD                          No               No PP                  45.1                54.4           I            BALLOON
BROOKLINE                         Yes               3Y PP                 31.77               41.39           II           FIXED
3EST WARWICK                      Yes               1Y PP                 33.79               38.73           I            BALLOON
WESTBROOK                          No               No PP                 27.86               41.22           I            LIBOR 5/1 ARM
RALEIGH                           Yes              2.5Y PP                13.38               20.39           II           FIXED
BROOKLYN                          Yes               1Y PP                  37.8              41.757           I            FIXED IO
ATLANTA                            No               No PP                  39.7                43.8           II           BALLOON
ELK RIVER                         Yes               3Y PP                 31.09               41.58           II           FIXED
CARMEL                             No               No PP                 29.34               29.34           II           FIXED
DISTRICT HEIGHT                    No               No PP                 40.98               40.98           I            LIBOR 5/1 ARM IO
EVANSVILLE                        Yes               3Y PP                  22.3               49.58           II           FIXED
BROOKLYN                          Yes               1Y PP                  26.6                54.3           II           FIXED
ZEBULON                           Yes               2Y PP                 43.39               49.01           I            LIBOR 2/6 ARM
NORTH ADAMS                        No               No PP                 29.75               49.83           I            LIBOR 2/6 ARM IO
JONESBORO                         Yes               2Y PP                    23                  28           I            LIBOR 2/6 ARM
HAMPSTEAD                          No               No PP                    55                  55           I            LIBOR 3/6 ARM
MOREHEAD CITY                     Yes               2Y PP                  25.2               38.25           I            LIBOR 2/6 ARM IO
LITTLETON                         Yes              2.5Y PP                 24.6                33.7           I            FIXED
WILMINGTON                         No               No PP                 28.28               31.27           II           FIXED
COLUMBIA                           No               No PP                  35.5                54.4           II           40YR BALLOON
WARREN                            Yes               2Y PP                 21.91               30.65           I            LIBOR 2/6 ARM
LOCKPORT                           No               No PP                 28.86               47.53           I            LIBOR 2/6 ARM
FLORHAM PARK                       No               No PP                  37.5               39.43           I            LIBOR 2/6 ARM IO
BURNHAM                            No               No PP                 29.38               36.25           I            BALLOON
BALTIMORE                          No               No PP                  52.5                52.5           II           FIXED
GREENSBORO                        Yes               2Y PP                  46.6                52.7           I            LIBOR 2/6 ARM IO
SAINT ALBANS                      Yes               1Y PP                 38.47               49.42           I            FIXED IO
IRVINGTON                          No               No PP                 41.53                42.6           I            LIBOR 2/6 ARM
BREWER                             No               No PP                 41.73               45.49           II           FIXED
CHICAGO                            No               No PP                 31.47               33.65           II           FIXED
SANFORD                            No               No PP                 36.71               46.99           I            FIXED
DORCHESTER                         No               No PP                 26.34               27.02           I            FIXED
GAINESVILLE                        No               No PP                  39.5                42.4           II           BALLOON
SILVER SPRING                      No               No PP                  31.6                48.9           I            LIBOR 2/6 ARM
ROCKFORD                           No               No PP                  28.6                36.7           II           FIXED
HERMON                             No               No PP                 26.23               39.74           I            LIBOR 2/6 ARM
TWO HARBORS                        No               No PP                  19.2                51.7           II           BALLOON
BALTIMORE                          No               No PP                 21.27               22.49           II           FIXED
WEST STEWARTSTO                   Yes               3Y PP                 12.01               24.82           I            FIXED
LOWELL                             No               No PP                 45.45               45.45           II           BALLOON
MIDLOTHIAN                        Yes               3Y PP                  21.5               31.29           I            40YR BALLOON
PRINCESS ANNE                      No               No PP                  34.3                34.3           II           FIXED
CHICOPEE                           No               No PP                 34.25                39.1           II           BALLOON
LOWELL                             No               No PP                 44.27               44.79           II           40YR BALLOON
LOWELL                             No               No PP                 44.27               44.79           II           BALLOON
SOUTH OZONE PAR                   Yes               1Y PP                  46.7               48.64           I            FIXED
HIGH POINT                         No               No PP                 36.86               40.14           II           FIXED
ROSEVILLE                         Yes               2Y PP                 36.99               36.99           I            LIBOR 2/6 ARM
BALTIMORE                          No               No PP                 29.02               40.92           II           FIXED
COUNTRY CLUB HI                    No               No PP                 34.99               40.36           I            FIXED
SPRINGFIELD                        No               No PP                  42.6                54.6           II           FIXED IO
SPRINGFIELD                        No               No PP                  42.6                54.6           II           BALLOON
ATHENS                             No               No PP                     0               48.45           I            FIXED
GASTONIA                           No               No PP                 17.74               43.66           II           FIXED
ESSEX JUNCTION                     No               No PP                    29                30.9           II           FIXED
SAINT ALBANS                      Yes               1Y PP                  36.1               49.32           II           FIXED
DIXFIELD                           No               No PP                 16.58               33.35           I            FIXED
CORONA                            Yes               1Y PP                  47.6                47.6           I            40YR BALLOON
BALTIMORE                          No               No PP                 23.37               31.99           II           FIXED
BAY SHORE                         Yes               1Y PP                 35.82               43.62           II           40YR BALLOON
NORTH EAST                         No               No PP                 32.93               33.59           II           FIXED
EVERETT                            No               No PP                 34.18                38.4           I            BALLOON
EDEN                               No               No PP                     0               33.79           II           FIXED
CHARLOTTE                          No               No PP                  15.3                53.5           I            LIBOR 5/1 ARM
CRYSTAL LAKE                       No               No PP                  41.2              46.588           I            TREAS. 5/1 ARM
BALTIMORE                          No               No PP                 36.96               39.13           II           40YR BALLOON
COVENTRY                          Yes               1Y PP                    52                  52           II           FIXED
FRANKLINVILLE                      No               No PP                  43.4                53.7           II           40YR BALLOON
STEUBEN                            No               No PP                   5.7                17.8           I            FIXED
NEWARK                            Yes               3Y PP                 43.48               44.15           II           40YR BALLOON
CORINNA                            No               No PP                 37.12               37.12           I            FIXED
ATLANTA                            No               No PP                  16.3                41.1           I            BALLOON
LEXINGTON                          No               No PP                  54.7                54.7           II           40YR BALLOON
HIBBING                           Yes               2Y PP                  28.4               45.81           I            LIBOR 2/6 ARM
SCHAUMBURG                         No               No PP                 31.06               47.71           II           BALLOON
UPPER MARLBORO                     No               No PP                 47.32               49.76           II           40YR BALLOON
LIVERMORE FALLS                    No               No PP                 26.93               37.37           I            FIXED
DETROIT                           Yes               3Y PP                 33.54               38.11           I            FIXED
BALTIMORE                          No               No PP                  16.2              13.086           I            LIBOR 2/6 ARM
METROPOLIS                         No               No PP                 21.75               48.78           I            LIBOR 3/6 ARM
JAMAICA                           Yes               1Y PP                  42.8                52.6           II           FIXED
SOMERSWORTH                       Yes               3Y PP                 49.95               49.95           II           FIXED
BURLINGTON                         No               No PP                 22.45               34.75           II           FIXED IO
RANDALLSTOWN                       No               No PP                 34.13               46.22           I            LIBOR 5/1 ARM IO
ROSELLE                            No               No PP                  8.11               27.54           I            LIBOR 5/1 ARM
CLINTON                            No               No PP                 17.68               40.82           II           40YR BALLOON
CLINTON                            No               No PP                 17.68               40.82           II           BALLOON
RICHMOND                          Yes               2Y PP                 12.29               16.36           I            LIBOR 2/6 ARM
WINSTON SALEM                      No               No PP                 41.26               41.26           II           FIXED
STRASBURG                         Yes               2Y PP                     0                  37           I            LIBOR 2/6 ARM
BEMIDJI                           Yes               3Y PP                 28.16               33.24           II           FIXED
DEKALB                             No               No PP                  28.7                  31           II           FIXED
EVANSVILLE                        Yes               3Y PP                 29.27               49.99           II           FIXED
GLEN BURNIE                        No               No PP                  52.3                52.3           II           FIXED
SPRINGFIELD                        No               No PP                 46.48               49.43           I            LIBOR 5/1 ARM
UNIVERSITY PARK                    No               No PP                 33.43                39.5           I            LIBOR 5/1 ARM
LINWOOD                            No               No PP                  23.8              26.992           II           FIXED
PATERSON                           No               No PP                 41.01               41.87           I            40YR BALLOON
BRISTOL                           Yes               1Y PP                 10.57                15.4           I            FIXED
CHICAGO                            No               No PP                  33.9                41.2           I            FIXED
CHICAGO                            No               No PP                 23.34               27.64           I            LIBOR 5/1 ARM
INVER GROVE HEI                   Yes               3Y PP                  19.1                51.2           II           40YR BALLOON
KNAPP                              No               No PP                     0               28.18           I            FIXED
ALEXANDRIA                         No               No PP                 24.25                47.9           II           BALLOON
AMERY                              No               No PP                 28.59               39.31           I            FIXED
CHICAGO                            No               No PP                 28.12                43.9           II           BALLOON
NORTH SAINT PAU                   Yes               3Y PP                 28.38               49.33           II           FIXED
OXFORD                             No               No PP                  19.4                51.3           I            FIXED
RALEIGH                            No               No PP                 26.92               48.03           I            LIBOR 2/6 ARM
LEVERING                          Yes               2Y PP                 35.57               41.97           I            LIBOR 2/6 ARM
AURORA                             No               No PP                 39.18               40.99           II           40YR BALLOON
PORTLAND                           No               No PP                 39.74               49.55           I            FIXED
MUNDELEIN                          No               No PP                 31.77               38.22           II           40YR BALLOON
PORTLAND                           No               No PP                 39.74               49.55           I            FIXED
ROLLING MEADOWS                    No               No PP                 29.71               39.66           I            LIBOR 2/6 ARM
GLENBURN                           No               No PP                 20.34               43.41           II           FIXED
DETROIT                           Yes               2Y PP                  29.2                  41           I            LIBOR 2/6 ARM
BENTON                             No               No PP                 25.09                41.1           II           FIXED
BURLINGTON                         No               No PP                 46.17               46.17           II           40YR BALLOON
SWANTON                            No               No PP                  18.7               28.93           II           FIXED
DETROIT                           Yes               2Y PP                 26.02               30.79           I            LIBOR 2/6 ARM
CHICAGO                            No               No PP                 39.19                41.9           I            LIBOR 2/6 ARM
CHARLESTOWN                       Yes               1Y PP                 25.36               31.85           I            40YR BALLOON
BALTIMORE                          No               No PP                  28.6                47.8           II           40YR BALLOON
EAST GREENWICH                    Yes               1Y PP                 19.11               36.38           I            FIXED
CARMEL                             No               No PP                  34.8                52.9           II           FIXED IO
PATERSON                           No               No PP                  26.8                50.1           II           FIXED
WINSTON SALEM                      No               No PP                 39.38               48.94           II           FIXED
PETERBOROUGH                      Yes               3Y PP                 37.12               49.14           II           FIXED
JONESPORT                          No               No PP                 19.07               27.79           I            FIXED
PORTLAND                           No               No PP                 31.73               40.38           I            FIXED
ELGIN                              No               No PP                 42.78               45.11           II           BALLOON
WOODBRIDGE                         No               No PP                 31.82               40.56           I            40YR BALLOON
HYATTSVILLE                        No               No PP                 46.28               48.64           I            LIBOR 2/6 ARM IO
BLOOMINGTON                       Yes               3Y PP                 22.88               28.11           II           FIXED
ROCKFORD                           No               No PP                 17.74               18.54           I            LIBOR 2/6 ARM
BALTIMORE                          No               No PP                 48.91               48.91           II           40YR BALLOON
HAMMOND                           Yes               3Y PP                  3.68               37.75           I            LIBOR 5/1 ARM
HOLBROOK                           No               No PP                  44.9                49.7           I            TREAS. 5/1 ARM
PATERSON                           No               No PP                  26.8                50.1           I            BALLOON
SHAPLEIGH                          No               No PP                  38.2                53.8           II           FIXED
WATERVILLE                         No               No PP                 32.36               43.02           II           FIXED
FALL RIVER                         No               No PP                  35.1                40.8           II           FIXED
ALBANY                            Yes               1Y PP                  23.6               27.54           I            FIXED IO
MOUNT HOLLY                        No               No PP                 33.15               42.73           II           BALLOON
MERRIMACK                         Yes               2Y PP                 32.15               48.99           II           BALLOON
BALTIMORE                          No               No PP                  26.9                46.9           II           FIXED
LANDOVER                           No               No PP                    28                48.5           I            BALLOON
MANCHESTER                        Yes               3Y PP                 25.46               44.32           II           40YR BALLOON
CHICAGO                            No               No PP                  50.3                50.3           I            LIBOR 5/1 ARM
BARRE                              No               No PP                  32.3                  55           I            40YR BALLOON
CHICAGO                            No               No PP                 26.84                48.4           I            FIXED
NASHUA                            Yes               3Y PP                 18.75               34.14           II           FIXED
CENTRAL ISLIP                     Yes               1Y PP                 41.64               42.38           II           FIXED
AURORA                             No               No PP                 41.57               43.23           II           FIXED
BREWER                             No               No PP                 27.69               49.85           II           FIXED IO
CUMBERLAND FORE                    No               No PP                  29.3                44.4           II           FIXED IO
SALISBURY                          No               No PP                  31.2               31.99           I            FIXED
PETERBOROUGH                      Yes               2Y PP                 37.12               49.14           II           BALLOON
GLEN ALLEN                        Yes               3Y PP                 23.85               45.14           II           FIXED
REHOBOTH                           No               No PP                  31.6                35.4           II           FIXED
POOLESVILLE                        No               No PP                 47.62               49.76           I            FIXED
CHICAGO                            No               No PP                     0               28.29           I            LIBOR 5/1 ARM
NORTH PROVIDENC                   Yes               1Y PP                 28.44               47.19           I            LIBOR 2/6 ARM
CHARLOTTE                         Yes              2.5Y PP                37.66               48.87           II           40YR BALLOON
DAVENPORT                          No               No PP                 21.98               48.39           I            LIBOR 2/6 ARM
SHELTON                           Yes               3Y PP                  6.98                8.64           I            40YR BALLOON
DES MOINES                         No               No PP                 30.61               47.12           II           FIXED
CARL JUNCTION                     Yes               3Y PP                 36.98               49.68           II           FIXED
MARSHFIELD                        Yes               3Y PP                 16.38               19.29           I            FIXED
BOELUS                            Yes               3Y PP                 32.52                33.6           II           FIXED
GUTHRIE CENTER                     No               No PP                  24.8               37.86           II           FIXED
OLATHE                            Yes               6M PP                 46.11               46.97           II           BALLOON
LUFKIN                            Yes               3Y PP                 20.73               44.31           I            FIXED
MANSFIELD                         Yes               3Y PP                 34.46                46.3           II           FIXED
BRANDON                           Yes               2Y PP                  28.1                28.1           I            LIBOR 2/6 ARM
BLACK CANYON CI                   Yes               3Y PP                 23.69               23.69           II           FIXED IO
CARLSBAD                           No               No PP                 23.37               30.16           I            LIBOR 2/6 ARM
MISSION VIEJO                     Yes               3Y PP                 27.38               40.31           I            LIBOR 5/1 ARM
APLINGTON                          No               No PP                  7.04               16.96           I            FIXED
ELDON                             Yes               3Y PP                 13.06               35.43           II           FIXED
NEWTON                            Yes               6M PP                 14.38               14.38           I            FIXED
LINDEN                             No               No PP                 34.29               49.85           II           FIXED
OKEECHOBEE                        Yes               2Y PP                  17.8                21.6           I            LIBOR 2/6 ARM
BOONE                              No               No PP                  29.4                42.2           II           FIXED
LA PORTE                          Yes               3Y PP                 19.36               38.52           I            FIXED
WICHITA                           Yes               6M PP                 15.76               41.56           I            LIBOR 2/6 ARM
NEWTON                             No               No PP                 40.37               49.52           I            FIXED
PERRY                             Yes               6M PP                  8.52               24.06           I            LIBOR 5/1 ARM
GRANGER                            No               No PP                 27.88               30.09           II           FIXED
FRANKFORT                          No               No PP                     0               19.41           I            FIXED
HARTLEY                            No               No PP                 15.79               29.86           II           FIXED
WALLLA WALLA                      Yes               3Y PP                 27.94               35.08           I            LIBOR 3/6 ARM IO
SHALIMAR                          Yes               2Y PP                  33.9                35.2           I            LIBOR 2/6 ARM
CONWAY SPRINGS                    Yes               6M PP                     0                50.1           I            LIBOR 5/1 ARM
SACRAMENTO                        Yes               2Y PP                  46.6                46.9           I            LIBOR 2/6 ARM IO
LATHROP                           Yes               3Y PP                 23.24                34.4           II           FIXED
CHARLESTON                         No               No PP                 28.84               33.77           II           FIXED
DIXON IL 61021                     No               No PP                 17.38               26.21           II           FIXED
COVINGTON                         Yes               3Y PP                 26.82               42.76           II           FIXED
EVERETT                           Yes               2Y PP                 26.82                44.3           I            LIBOR 2/6 ARM IO
LAS VEGAS                         Yes               2Y PP                 24.38               46.37           I            LIBOR 2/6 ARM IO
AURORA                            Yes               3Y PP                 10.72               19.66           I            FIXED
FRANKLIN                          Yes               3Y PP                 31.53               48.48           II           FIXED
INDEPENDENCE                      Yes               2Y PP                 30.35               47.13           I            LIBOR 2/6 ARM
INDEPENDENCE                      Yes               3Y PP                  5.85                8.88           I            FIXED
PHOENIX                           Yes               2Y PP                 26.36               43.36           I            LIBOR 2/6 ARM IO
MEMPHIS                           Yes               3Y PP                 33.62               37.24           I            FIXED
ATKINS                             No               No PP                 40.42               49.19           I            40YR BALLOON
WINLOCK                           Yes               3Y PP                 16.77               16.77           I            40YR BALLOON
BRYANT                            Yes               2Y PP                 29.64               46.21           I            LIBOR 2/6 ARM IO
INVERNESS                         Yes               3Y PP                  32.6                  45           II           FIXED
LAS VEGAS                          No               No PP                 24.38               46.37           I            BALLOON
MEMPHIS                           Yes               3Y PP                 17.19               23.16           II           FIXED
NORTH LAS VEGAS                   Yes               3Y PP                  46.2                  52           II           40YR BALLOON
SHREVEPORT                        Yes               3Y PP                 17.36               36.99           II           FIXED
SIOUX CITY                         No               No PP                  37.9                54.8           II           FIXED
VANCOUVER                         Yes               3Y PP                 25.98               47.08           II           FIXED
ALBUQUERQUE                        No               No PP                 35.14               47.12           I            LIBOR 2/6 ARM
INDIANOLA                          No               No PP                 45.65               45.65           II           FIXED
PORTLAND                          Yes               3Y PP                 25.96               35.51           II           FIXED
NORTH LAS VEGAS                    No               No PP                  45.1                50.3           II           BALLOON
RAPIDS CITY                        No               No PP                 16.25               24.47           II           FIXED
MIAMI                             Yes               3Y PP                     5                 6.8           I            FIXED IO
EXETER                            Yes               2Y PP                 24.82                27.5           I            LIBOR 2/6 ARM
WICHITA                            No               No PP                  31.7               49.88           II           FIXED
VANCOUVER                          No               No PP                 25.98               47.08           II           BALLOON
BARTLESVILLE                      Yes               3Y PP                  19.6                34.9           II           FIXED
WORTH                              No               No PP                 23.84               48.01           II           FIXED
MESA                              Yes               3Y PP                 24.81               24.81           II           FIXED
NORFOLK                           Yes               3Y PP                 23.53               40.28           II           FIXED
WEST DES MOINES                    No               No PP                    45               46.32           I            FIXED
BETTENDORF                         No               No PP                 10.19                12.1           I            FIXED
HEWITT                            Yes               3Y PP                 34.56               49.97           I            40YR BALLOON
FORT SMITH                        Yes               3Y PP                 19.63               47.63           II           FIXED
WICHITA                            No               No PP                 38.31               44.44           II           FIXED
ENUMCLAW                          Yes               3Y PP                  39.8                53.5           II           FIXED
CRAWFORDSVILLE                     No               No PP                 25.45               44.56           II           FIXED
EVERETT                           Yes               3Y PP                 30.07                49.1           II           FIXED IO
EVERETT                           Yes               3Y PP                 30.07                49.1           II           FIXED
LINDSBORG                         Yes               6M PP                 24.43               47.34           I            FIXED
TACOMA                            Yes               3Y PP                  33.5                54.8           II           FIXED
PUYALLUP                          Yes               3Y PP                 41.63               41.63           II           FIXED
BATTLE GROUND                      No               No PP                 21.41               45.06           I            LIBOR 2/6 ARM
WATAUGA                           Yes               2Y PP                 34.66               46.44           I            LIBOR 2/6 ARM
DAVENPORT                          No               No PP                  39.2                53.4           II           FIXED IO
LAKE STEVENS                      Yes               3Y PP                 22.22               41.35           II           FIXED
PLAINFIELD                         No               No PP                  25.6                32.8           I            FIXED
PLAINFIELD                         No               No PP                  25.6                32.8           I            BALLOON
BROOKLYN PARK                     Yes               3Y PP                 27.24               32.47           I            FIXED
BROOKLYN PARK                      No               No PP                 27.24               32.47           I            BALLOON
OAKLAND CITY                      Yes               3Y PP                  12.8               44.26           I            FIXED
BRITTON                           Yes               2Y PP                 17.07               17.25           I            LIBOR 2/6 ARM
MACHESNEY PARK                     No               No PP                 25.53               49.97           I            40YR BALLOON
DETROIT                           Yes               3Y PP                     0               38.89           I            BALLOON
ELGIN                              No               No PP                  42.5                42.9           II           FIXED
BENSENVILLE                        No               No PP                 49.31               49.82           II           FIXED IO
MIDLAND                           Yes               3Y PP                 30.91               45.28           I            FIXED
CRYSTAL                           Yes               3Y PP                 26.04               39.54           I            FIXED
THIEF RIVER FAL                   Yes               3Y PP                 13.27               48.36           II           FIXED
SAUK VILLAGE                       No               No PP                 28.44               33.19           I            LIBOR 2/6 ARM
DETROIT                           Yes               3Y PP                     0               40.03           I            BALLOON
EVELETH                           Yes               3Y PP                 20.72               31.44           II           40YR BALLOON
GLENDALE HEIGHT                    No               No PP                 22.21               42.72           II           BALLOON
GREENWOOD                         Yes               2Y PP                  35.1                39.7           I            LIBOR 2/6 ARM
BURNSVILLE                        Yes               3Y PP                  29.1                37.2           II           40YR BALLOON
ROCKFORD                           No               No PP                  17.7                29.8           I            BALLOON
GILBERTSVILLE                     Yes               3Y PP                 33.38               45.03           I            FIXED
KOKOMO                            Yes               3Y PP                 21.04               27.51           II           FIXED
HUTCHINSON                        Yes               3Y PP                  48.6               49.77           II           FIXED
ZIMMERMAN                         Yes               3Y PP                 34.46               39.53           II           40YR BALLOON
CAMBRIA                            No               No PP                 44.15               44.15           II           FIXED
MAPLE GROVE                        No               No PP                 40.07               45.23           II           BALLOON
STREAMWOOD                         No               No PP                 32.83               46.23           I            LIBOR 2/6 ARM
CHICAGO                            No               No PP                  17.6                  27           I            FIXED
MATTESON                           No               No PP                 29.09               47.14           II           40YR BALLOON
MINNEAPOLIS                        No               No PP                  30.7                45.5           II           BALLOON
MATTESON                           No               No PP                 29.09               47.14           II           BALLOON
SPRING LAKE                       Yes               2Y PP                 27.63               30.11           I            LIBOR 2/6 ARM
OTTAWA                             No               No PP                 23.97               35.84           I            FIXED
SAINT PAUL                         No               No PP                 43.08               49.32           II           BALLOON
CHICAGO                            No               No PP                  39.3                41.8           II           FIXED
CRETE                              No               No PP                  32.8              50.324           I            TREAS. 5/1 ARM IO
POPLAR GROVE                       No               No PP                 32.47               44.49           II           FIXED
BOONVILLE                         Yes               3Y PP                 25.84               26.36           II           FIXED
HAZEL CREST                        No               No PP                     0               37.32           I            LIBOR 2/6 ARM
DAWSON                            Yes               3Y PP                 28.32               43.16           II           FIXED
UNIVERSITY PARK                    No               No PP                  32.7                32.7           II           BALLOON
JORDAN                             No               No PP                 23.23               47.31           I            BALLOON
MAYWOOD                            No               No PP                  40.5                48.9           I            FIXED
ROCKFORD                           No               No PP                 17.79               17.79           I            FIXED
LITTLE CANADA                      No               No PP                 29.25               30.59           II           BALLOON
DAVIS JUNCTION                     No               No PP                 14.02               38.93           I            FIXED
BUFFALO                            No               No PP                  19.9                36.1           II           BALLOON
BOLINGBROOK                        No               No PP                 26.35               26.35           I            BALLOON
CHICAGO                            No               No PP                 43.48               46.75           I            FIXED
TAYLOR                            Yes               2Y PP                 42.95               43.51           I            LIBOR 2/6 ARM
ATWATER                           Yes               2Y PP                     0               45.28           I            LIBOR 2/6 ARM
SOUTH PARIS                        No               No PP                  51.7                54.1           II           FIXED
NEW RICHMOND                       No               No PP                 48.88               49.86           II           40YR BALLOON
CHICAGO                            No               No PP                 35.92               37.13           I            LIBOR 2/6 ARM
NEW RICHMOND                       No               No PP                 48.88               49.86           II           BALLOON
AUBURN HILLS                      Yes               3Y PP                 24.58               46.52           I            40YR BALLOON
SAUK VILLAGE                       No               No PP                 33.93               34.72           I            LIBOR 3/6 ARM
BEAVER DAM                        Yes               3Y PP                 23.11               40.21           I            FIXED IO
LA SALLE                           No               No PP                 29.04               29.04           I            FIXED
DAVISON                           Yes               3Y PP                 30.23               43.97           II           FIXED
OXFORD                             No               No PP                  19.4                51.3           I            LIBOR 2/6 ARM IO
MINNETONKA                        Yes               3Y PP                 33.35               47.23           I            FIXED
NEWBURGH                          Yes               3Y PP                 44.37               44.37           II           FIXED
CHICAGO                            No               No PP                 26.88               28.42           I            FIXED
JOLIET                             No               No PP                 36.08               43.11           II           FIXED
CONCORDIA                         Yes               6M PP                 17.67               18.78           I            LIBOR 5/1 ARM
SPRINGFIELD                       Yes               3Y PP                 17.31               32.82           II           FIXED
MARQUETTE HEIGH                    No               No PP                 31.61               45.81           II           FIXED
FRANKFORT                          No               No PP                 45.78               46.81           I            LIBOR 2/6 ARM
NASHVILLE                         Yes               3Y PP                 23.19               33.42           II           FIXED
MOUNT PROSPECT                     No               No PP                 41.48               42.22           II           40YR BALLOON
GRAND PRAIRIE                     Yes               3Y PP                 36.43               45.35           I            FIXED IO
SHERMAN                           Yes               3Y PP                  17.9                43.4           II           FIXED
ELDORA                             No               No PP                  18.7               36.49           II           FIXED
MIDLOTHIAN                         No               No PP                  41.3               49.38           II           FIXED
LIBERAL                            No               No PP                 11.32               36.26           I            FIXED
HOUSTON                            No               No PP                 26.97                  38           II           FIXED
CEDAR RAPIDS                       No               No PP                 24.98               46.06           II           FIXED
ABILENE                           Yes               3Y PP                  12.9               43.68           I            FIXED
KANSAS CITY                       Yes               2Y PP                 45.46               45.46           I            LIBOR 2/6 ARM
TACOMA                            Yes               3Y PP                 26.64               37.72           II           FIXED
OSCEOLA                            No               No PP                 21.77               49.48           II           FIXED
GENESEO                            No               No PP                 19.14                49.9           II           FIXED
SEAGOVILLE                         No               No PP                 32.71               42.81           II           FIXED
SEATTLE                           Yes               3Y PP                  43.3                51.9           I            FIXED
OLYMPIA                            No               No PP                 35.99               48.94           II           BALLOON
NEW ORLEANS                       Yes               3Y PP                  38.4                  50           I            FIXED
TACOMA                            Yes               3Y PP                 39.36               49.94           I            LIBOR 2/6 ARM IO
ARLINGTON                         Yes               3Y PP                 32.91               34.03           II           FIXED
DALLAS                            Yes               3Y PP                 13.28               17.24           I            FIXED
MONROE                             No               No PP                  7.33               14.69           I            FIXED
CEDAR FALLS                        No               No PP                 15.89               22.19           II           FIXED
SHERMAN                           Yes               3Y PP                 19.23               19.23           I            FIXED
COMBINE                            No               No PP                  16.7                21.2           II           FIXED
HOUSTON                            No               No PP                 25.29                  37           II           FIXED
MERIAM                            Yes               6M PP                 18.83               20.37           II           FIXED
BLUE RIDGE                        Yes               3Y PP                 39.35               49.22           I            FIXED IO
KANSAS CITY                       Yes               2Y PP                 41.93               49.62           I            LIBOR 2/6 ARM
SPRINGFIELD                       Yes               3Y PP                 20.58               20.58           II           FIXED
HAMILTON                          Yes               3Y PP                 30.16               38.24           II           FIXED
CONROE                             No               No PP                  8.89               29.02           II           FIXED
KENNEWICK                         Yes               3Y PP                 23.05                49.9           I            LIBOR 5/1 ARM
KNOXVILLE                          No               No PP                 22.15               42.13           II           FIXED
HUMBLE                            Yes               3Y PP                 28.14               46.44           I            FIXED
WELLINGTON                        Yes               3Y PP                 36.77               43.05           I            FIXED
BUTLER                            Yes               3Y PP                 16.13               34.53           I            FIXED
SPRINGFIELD                       Yes               2Y PP                 49.06               49.06           I            LIBOR 2/6 ARM
PANAMA CITY BEA                   Yes               2Y PP                    30                42.9           I            LIBOR 2/6 ARM
SARITA                            Yes               3Y PP                 12.64               28.08           II           FIXED
POTTSBORO                         Yes               3Y PP                 34.88                49.9           I            40YR BALLOON
MASON CITY                         No               No PP                 14.16               16.82           I            FIXED
NICKERSON                         Yes               6M PP                 23.56               41.66           II           FIXED
GRANDVIEW                         Yes               3Y PP                 49.94               49.94           II           FIXED
MIRAMAR                           Yes               3Y PP                  31.7                39.8           I            LIBOR 5/1 ARM IO
CLEARWATER                        Yes               6M PP                 23.23               49.39           I            LIBOR 5/1 ARM
LEAVENWORTH                       Yes               6M PP                  18.2               43.37           II           FIXED
INDEPENDENCE                      Yes               3Y PP                 40.75               44.92           II           FIXED
BLOOMINGTON                        No               No PP                 12.53               21.97           II           FIXED
INDEPENDENCE                      Yes               3Y PP                 37.66               49.27           II           FIXED
WATERLOO                           No               No PP                  18.3                32.6           II           FIXED
SANTA ROSA BEAC                   Yes               3Y PP                  23.5                35.8           I            LIBOR 2/6 ARM
LARGO                             Yes               2Y PP                  28.3                34.5           I            LIBOR 2/6 ARM
SEARCY                            Yes               3Y PP                 19.97               39.85           I            LIBOR 2/6 ARM
BEAVERTON                         Yes               3Y PP                 32.96               44.99           II           FIXED IO
GRINNELL                           No               No PP                  29.7               35.91           I            FIXED
SEAGOVILLE                        Yes               3Y PP                  18.9               49.47           II           FIXED
BOONVILLE                         Yes               3Y PP                 17.98               42.49           II           FIXED
SPRINGDALE                        Yes               2Y PP                  25.9                25.9           I            LIBOR 2/6 ARM
MIDDLETON                         Yes               3Y PP                 47.79               48.62           I            FIXED
SAN ANTONIO                       Yes               3Y PP                 12.78               29.08           I            FIXED
EDMOND                             No               No PP                 37.31               45.92           I            LIBOR 2/6 ARM
DALLAS                            Yes               3Y PP                  26.6               42.04           II           FIXED
PEARCY                            Yes               3Y PP                 23.57               33.26           I            FIXED
FORT WORTH                        Yes               3Y PP                  29.6                50.6           I            40YR BALLOON
CEDAR HILL                        Yes               3Y PP                 30.82               42.45           II           FIXED
HOUSTON                           Yes               3Y PP                 20.01               48.52           I            FIXED
MEMPHIS                           Yes               3Y PP                  36.4               49.51           II           FIXED
TYLER                             Yes               3Y PP                 32.51               32.51           II           FIXED
BENTON                            Yes               3Y PP                 46.94               49.91           I            FIXED
NORTH LITTLE RO                   Yes               3Y PP                 36.83               43.69           II           FIXED
WYLIE                             Yes               3Y PP                 24.66               39.24           I            FIXED IO
HOUSTON                           Yes               3Y PP                 42.34               46.21           I            FIXED
LITTLETON                         Yes               3Y PP                 41.97                48.6           I            FIXED
DENTON                            Yes               3Y PP                 23.87               25.98           II           FIXED
ATHENS                            Yes               3Y PP                 24.32               40.56           I            FIXED
GRAND PRAIRIE                     Yes               3Y PP                 31.04                43.3           II           FIXED
ARLINGTON                         Yes               3Y PP                 40.71               41.25           II           FIXED
GRAND PRAIRIE                     Yes               3Y PP                  41.4               43.98           II           FIXED
CHILDRESS                         Yes               3Y PP                 20.68               27.43           I            FIXED
CARROLLTON                        Yes               3Y PP                  19.8               32.78           I            FIXED
ARLINGTON                         Yes               3Y PP                 45.53               46.91           II           FIXED
PROVIDENCE VILL                   Yes               3Y PP                 39.25               49.85           II           FIXED IO
PROVIDENCE VILL                    No               No PP                 39.25               49.85           II           BALLOON
SEVIERVILLE                       Yes               3Y PP                  47.1                47.5           I            FIXED
FRESNO                            Yes               3Y PP                 31.79               40.74           I            FIXED
DESOTO                            Yes               3Y PP                 26.02                26.3           II           FIXED
SOUTH HAVEN                       Yes               6M PP                 19.89               41.93           I            LIBOR 5/1 ARM
BURRTON                           Yes               6M PP                 20.68               40.96           I            LIBOR 5/1 ARM
SAN JACINTO                       Yes               3Y PP                  40.2                54.6           II           FIXED
PERU                              Yes               6M PP                 14.59                  20           I            LIBOR 2/6 ARM
ATLANTA                           Yes               2Y PP                  31.6                37.5           I            LIBOR 2/6 ARM
GAINESVILLE                       Yes               3Y PP                 32.44               39.27           II           40YR BALLOON
ALBUQUERQUE                        No               No PP                 22.84               43.54           I            LIBOR 3/6 ARM
CITY NAME                         Yes               3Y PP                  49.1               49.28           II           FIXED
SOLDIER                            No               No PP                  9.27                26.5           II           FIXED
DODGE CITY                        Yes               6M PP                 45.74               49.72           I            LIBOR 5/1 ARM
BRANSON                           Yes               2Y PP                  23.2                29.2           I            LIBOR 2/6 ARM
ALLEN                             Yes               2Y PP                 37.61               49.87           I            LIBOR 2/6 ARM IO
ALTO PASS                          No               No PP                 20.27               31.68           I            LIBOR 2/6 ARM
ARLINGTON                         Yes               3Y PP                 27.09               47.28           II           FIXED
FORT WORTH                        Yes               2Y PP                   9.1                  39           I            LIBOR 2/6 ARM
SIKESTON                          Yes               3Y PP                 16.77               40.21           I            FIXED
CONVERSE                           No               No PP                 25.56               42.22           I            LIBOR 2/6 ARM
THE DALLES                        Yes               3Y PP                 49.86               49.86           II           FIXED IO
HUMBLE                             No               No PP                 15.98               29.64           II           FIXED
KELSO                             Yes               3Y PP                 29.04               29.04           II           FIXED
BATESVILLE                        Yes               3Y PP                 18.81               45.51           I            FIXED
GUN BARREL CITY                    No               No PP                 16.09                  33           II           FIXED
ERIE                               No               No PP                 27.79               34.47           II           FIXED
WATERLOO                           No               No PP                 37.02               46.45           II           FIXED
VILLAGE MILLS                     Yes               3Y PP                 28.05               28.05           I            FIXED
IOWA CITY                          No               No PP                 10.13               37.53           I            FIXED
SHREWSBURY                         No               No PP                 38.54               45.79           II           FIXED
GILMER                            Yes               3Y PP                 26.25               42.82           II           FIXED
LITTLE ROCK                       Yes               3Y PP                   9.7               34.22           II           FIXED
COLLEGE STATION                   Yes               3Y PP                 21.89               49.43           I            FIXED
TRENTON                           Yes               3Y PP                 15.63               30.81           I            FIXED
DIBOLL                            Yes               3Y PP                  28.6                28.6           I            FIXED
OMAHA                             Yes               3Y PP                 18.67               23.15           II           FIXED
PERRYVILLE                        Yes               3Y PP                  32.4               45.43           I            FIXED
COVINGTON                         Yes               3Y PP                  22.3               34.33           II           FIXED
CARSON                             No               No PP                 20.49                37.5           II           FIXED
GRANDVIEW                         Yes               2Y PP                 34.95               42.12           I            LIBOR 2/6 ARM
LEBANON                           Yes               3Y PP                 19.75               46.75           II           40YR BALLOON
DALLAS                             No               No PP                  10.1                13.6           I            FIXED
OLYMPIA                           Yes               3Y PP                 35.99               48.94           II           FIXED IO
ALFORD                            Yes               3Y PP                    26                46.3           II           FIXED
BARTLESVILLE                      Yes               2Y PP                 21.08               43.18           I            LIBOR 2/6 ARM
OSAWATOMIE                        Yes               6M PP                 41.46               45.78           II           BALLOON
FRANKFORT                          No               No PP                  17.1                51.1           I            LIBOR 2/6 ARM
PROSSER                            No               No PP                 40.09               40.64           II           BALLOON
MINGO                              No               No PP                 12.59               26.13           II           FIXED
THE WOODLANDS                      No               No PP                  10.1               31.04           II           FIXED
WICHITA                           Yes               6M PP                 20.68               25.48           I            LIBOR 2/6 ARM
WINFIELD                          Yes               6M PP                 24.52               36.24           I            LIBOR 2/6 ARM
MEMPHIS                           Yes               2Y PP                  9.89               40.41           I            LIBOR 2/6 ARM
KANSAS CITY                       Yes               3Y PP                  43.8                43.8           II           FIXED
FORT WORTH                        Yes               3Y PP                 31.27               46.33           II           FIXED
N. RICHLAND HIL                   Yes               3Y PP                 15.22               44.15           I            FIXED
FORT LAUDERDALE                   Yes               3Y PP                    30                40.2           I            FIXED
HOUSTON                            No               No PP                 18.96               22.41           II           FIXED
GAINESVILLE                        No               No PP                 21.15               47.81           II           FIXED
FORT LAUDERDALE                   Yes               3Y PP                    30                40.2           I            BALLOON
FRANKFORT                          No               No PP                 27.54               48.62           I            LIBOR 2/6 ARM
OSAWATOMIE                        Yes               6M PP                 36.47               37.97           II           BALLOON
ROWLETT                           Yes               3Y PP                 10.11               14.81           I            FIXED
LACY LAKEVIEW                     Yes               3Y PP                  25.6                49.7           I            40YR BALLOON
KANSAS CITY                       Yes               3Y PP                 45.39               46.96           II           FIXED
SAN ANTONIO                       Yes               3Y PP                 22.98               42.01           I            FIXED
SALEM                             Yes               3Y PP                  54.1                54.1           II           FIXED IO
WASHINGTON                         No               No PP                 16.33               28.43           II           FIXED
FT LAUDERDALE                     Yes               3Y PP                   9.9                12.5           I            FIXED
WICHITA                           Yes               6M PP                 15.51               42.42           I            LIBOR 2/6 ARM
GLENN HEIGHTS                      No               No PP                  35.1               44.87           II           BALLOON
CADDO MILLS                        No               No PP                  9.51               45.02           I            BALLOON
OKLAHOMA CITY                     Yes               3Y PP                  35.1                54.9           II           FIXED IO
OKLAHOMA CITY                      No               No PP                  35.1                54.9           II           BALLOON
ALVARADO                           No               No PP                 14.14               23.18           II           FIXED
ROSENBERG                          No               No PP                  26.1               33.37           II           FIXED
CORDOVA                           Yes               2Y PP                  33.3               48.48           I            LIBOR 2/6 ARM
BOSSIER CITY                      Yes               3Y PP                 22.48               40.07           II           FIXED
FATE                              Yes               2Y PP                 28.97               49.25           I            LIBOR 2/6 ARM
MEMPHIS                           Yes               3Y PP                 23.81               46.99           II           FIXED
DALLAS                             No               No PP                  23.7                  43           I            FIXED
LAMAR                             Yes               2Y PP                 32.88               36.41           I            LIBOR 2/6 ARM
EULESS                            Yes               2Y PP                 22.68               40.08           I            LIBOR 2/6 ARM
FORT WORTH                        Yes               3Y PP                 44.37               47.86           II           FIXED
CECILIA                           Yes               2Y PP                 17.82               28.33           I            LIBOR 2/6 ARM
CROWLEY                           Yes               2Y PP                 28.15               39.82           I            LIBOR 2/6 ARM
LAS VEGAS                         Yes               2Y PP                 35.56                42.8           I            LIBOR 2/6 ARM
CROWLEY                            No               No PP                 28.15               39.82           II           BALLOON
BATON ROUGE                       Yes               3Y PP                 30.97               37.14           II           FIXED
EL PASO                           Yes               2Y PP                 20.73               39.33           I            LIBOR 2/6 ARM
KATY                              Yes               3Y PP                  24.8                45.9           II           FIXED
LAKE WORTH                        Yes               3Y PP                  23.4               37.88           II           FIXED
GARLAND                           Yes               2Y PP                 20.81               22.16           I            LIBOR 2/6 ARM
ANTIOCH                           Yes               2Y PP                 33.83               43.27           I            LIBOR 2/6 ARM
ANTIOCH                            No               No PP                 33.83               43.27           II           BALLOON
GARLAND                            No               No PP                 37.18               45.37           II           FIXED
ALLEN                             Yes               3Y PP                  18.6                48.7           I            FIXED
ALLEN                              No               No PP                  18.6                48.7           I            BALLOON
HARRAH                            Yes               3Y PP                 27.78               47.67           II           FIXED
EL PASO COUNTY                    Yes               2Y PP                 28.86               40.48           I            LIBOR 2/6 ARM
TULSA                             Yes               2Y PP                 36.92               47.59           I            LIBOR 2/6 ARM
DALLAS                            Yes               2Y PP                 21.14               42.84           I            LIBOR 2/6 ARM
FATE                               No               No PP                 40.51               43.86           II           BALLOON
DALLAS                            Yes               2Y PP                 40.19               46.54           I            LIBOR 2/6 ARM
LEWISVILLE                        Yes               2Y PP                 30.78               36.96           I            LIBOR 2/6 ARM
FORT WORTH                        Yes               3Y PP                 14.04               32.33           II           FIXED
SAN ANTONIO                       Yes               2Y PP                 41.27               41.27           I            LIBOR 2/6 ARM
EL PASO                           Yes               3Y PP                    27               28.55           I            FIXED
MCKINNEY                          Yes               3Y PP                  26.5                53.2           I            FIXED
DENVER                            Yes               3Y PP                 32.96               40.35           I            LIBOR 5/1 ARM IO
TUPELO                            Yes               3Y PP                 48.23                48.8           II           FIXED
AZLE                              Yes               3Y PP                  38.7                  49           II           FIXED
ROCKWALL                          Yes               3Y PP                 30.81                38.9           II           40YR BALLOON
KATY                              Yes               3Y PP                 27.25               37.76           I            40YR BALLOON
FORT WORTH                         No               No PP                 25.34               41.35           I            LIBOR 2/6 ARM
RICHMOND                          Yes               3Y PP                 21.19                37.2           II           FIXED
MEMPHIS                           Yes               3Y PP                 21.77               46.16           II           FIXED
DERBY                             Yes               6M PP                  21.2                43.7           I            LIBOR 2/6 ARM
CABOT                             Yes               3Y PP                 19.99               28.71           II           FIXED
HOUMA                             Yes               3Y PP                     0               40.07           I            FIXED
SINTON                            Yes               3Y PP                 23.39               23.39           I            FIXED
EL PASO                           Yes               3Y PP                 35.44               35.44           I            FIXED
FORT WORTH                        Yes               2Y PP                 34.07               40.06           I            LIBOR 2/6 ARM
MEMPHIS                           Yes               3Y PP                 25.43               29.01           II           40YR BALLOON
WOODLAWN                          Yes               2Y PP                 21.47               49.88           I            LIBOR 2/6 ARM
WOODLAWN                           No               No PP                 21.51               49.92           II           BALLOON
BROKEN ARROW                       No               No PP                 31.71               46.59           I            BALLOON
WICHITA FALLS                      No               No PP                 37.03               41.91           II           BALLOON
HUTTO                              No               No PP                 24.82               47.45           II           BALLOON
BOLIVAR                           Yes               3Y PP                 14.18               27.62           II           FIXED
BOLIVAR                            No               No PP                 14.18               27.62           II           BALLOON
GARLAND                           Yes               3Y PP                 31.45               44.99           II           FIXED
RICHARDSON                        Yes               3Y PP                 46.25               48.47           II           FIXED
MESQUITE                           No               No PP                 31.56               38.97           II           BALLOON
MESQUITE                           No               No PP                 33.64               49.02           II           BALLOON
MESQUITE                          Yes               3Y PP                 23.02                47.2           I            FIXED
FORT WORTH                         No               No PP                 37.62                40.7           II           BALLOON
DELIGHT                           Yes               3Y PP                 16.18               35.07           I            FIXED
MEMPHIS                           Yes               3Y PP                 23.41               44.63           I            BALLOON
WELCH                             Yes               2Y PP                 27.45                35.1           I            LIBOR 2/6 ARM
PARIS                             Yes               3Y PP                    17                27.8           I            40YR BALLOON
FATE                               No               No PP                  20.9                47.7           I            BALLOON
SOUTHAVEN                         Yes               3Y PP                 30.34               41.59           I            FIXED IO
FLINT                             Yes               2Y PP                 21.47               32.47           I            LIBOR 2/6 ARM
WHITEHOUSE                         No               No PP                 33.48               43.98           II           BALLOON
GARLAND                           Yes               3Y PP                 23.97               49.97           II           40YR BALLOON
FATE                              Yes               3Y PP                 20.58               29.74           II           FIXED
ALVIN                              No               No PP                 33.04               34.89           II           BALLOON
LAREDO                             No               No PP                 30.07               42.63           I            BALLOON
INOLA                             Yes               3Y PP                 29.11               49.86           II           40YR BALLOON
AZLE                              Yes               3Y PP                 29.73               40.18           II           FIXED
MERCEDES                           No               No PP                 15.43               42.45           II           FIXED
ARLINGTON                         Yes               3Y PP                 32.15               42.83           II           FIXED
DUMAS                             Yes               3Y PP                 20.25               49.65           I            FIXED
WINNSBORO                         Yes               2Y PP                 14.61               19.87           I            LIBOR 2/6 ARM
ARLINGTON                         Yes               3Y PP                   2.7               10.67           I            FIXED
SANGER                            Yes               1Y PP                  31.9               47.14           I            LIBOR 5/1 ARM
SAND SPRINGS                      Yes               3Y PP                  31.1               35.17           II           FIXED
ODESSA                            Yes               3Y PP                 30.48               47.56           I            40YR BALLOON
WYLIE                             Yes               3Y PP                 31.91               41.23           II           FIXED
WEATHERFORD                       Yes               3Y PP                 20.99               44.35           II           FIXED
WATAUGA                           Yes               3Y PP                 19.99               49.08           I            FIXED
LITTLE ROCK                       Yes               3Y PP                 21.77               41.39           II           FIXED
LEXINGTON                         Yes               2Y PP                 15.67               48.88           I            LIBOR 2/6 ARM
MESQUITE                           No               No PP                 18.72                47.9           II           BALLOON
GRAPEVINE                         Yes               3Y PP                  35.5                  46           II           FIXED IO
EL PASO                           Yes               3Y PP                 27.99               47.53           I            LIBOR 5/1 ARM
WOLFFORTH                         Yes               3Y PP                 31.21               43.32           I            40YR BALLOON
MOUNDS                            Yes               3Y PP                 30.99               31.47           II           FIXED
FORT WORTH                        Yes               2Y PP                  37.3               39.03           I            LIBOR 2/6 ARM
ALLEN                              No               No PP                 22.22               42.68           II           BALLOON
DALLAS                            Yes               2Y PP                 24.65               46.45           I            LIBOR 2/6 ARM
JACKSON                           Yes               3Y PP                  31.6               37.61           II           FIXED
BURNET                             No               No PP                  6.35                7.68           I            LIBOR 2/6 ARM
FRISCO                            Yes               2Y PP                 27.78                42.6           I            LIBOR 2/6 ARM
OLIVE BRANCH                      Yes               3Y PP                 25.74               36.34           I            FIXED
HOUSTON                            No               No PP                 27.52               36.72           II           BALLOON
CEDAR HILL                        Yes               2Y PP                 24.19               35.48           I            LIBOR 2/6 ARM
SEAGOVILLE                         No               No PP                 37.97               48.12           II           BALLOON
BOLIVAR                           Yes               3Y PP                 36.37               36.94           I            40YR BALLOON
TULSA                             Yes               3Y PP                 31.66               48.61           II           FIXED
HORIZON CITY                      Yes               3Y PP                  19.1               49.48           I            FIXED
KATY                               No               No PP                 19.43               42.06           I            BALLOON
SUNSET                             No               No PP                  22.3               46.03           II           BALLOON
CLEBURNE                          Yes               3Y PP                   8.7                18.5           I            FIXED
JACKSON                           Yes               3Y PP                 23.27               24.37           II           FIXED
SHERMAN                           Yes               3Y PP                  28.6                35.9           II           FIXED
CHATTANOOGA                       Yes               3Y PP                  13.3               17.73           I            FIXED
FRISCO                            Yes               3Y PP                 36.83                37.4           II           FIXED
FORNEY                            Yes               2Y PP                 47.21               49.87           I            LIBOR 2/6 ARM
EL PASO                           Yes               3Y PP                 47.35               48.81           II           FIXED
FORT WORTH                         No               No PP                 22.77               42.31           II           BALLOON
EL PASO                           Yes               3Y PP                     0               19.68           I            FIXED
MESQUITE                          Yes               3Y PP                  25.8                43.3           II           FIXED
BEAUMONT                           No               No PP                 27.16               49.65           I            BALLOON
MEMPHIS                            No               No PP                  40.3                48.6           II           BALLOON
FORT WORTH                         No               No PP                 47.91               48.59           II           BALLOON
TULSA                              No               No PP                 28.91               45.61           II           BALLOON
CADDO MILLS                        No               No PP                 25.79               43.19           II           BALLOON
BURLESON                          Yes               3Y PP                 26.94               36.85           II           FIXED
GRAND PRAIRIE                     Yes               3Y PP                 27.49               31.45           II           FIXED
TULSA                             Yes               3Y PP                 29.81               49.92           II           FIXED
ROWLETT                            No               No PP                 32.81                35.2           II           BALLOON
HICKORY VALLEY                    Yes               3Y PP                  25.2                  35           II           FIXED
GRANBURY                           No               No PP                  39.9                44.4           I            FIXED
DALLAS                            Yes               3Y PP                 27.95               44.09           II           FIXED
PLANO                             Yes               3Y PP                 22.59               38.64           I            FIXED
PLANO                              No               No PP                 22.59               38.64           I            BALLOON
GRAND PRAIRIE                      No               No PP                 12.01                18.8           I            BALLOON
COVINGTON                         Yes               2Y PP                 24.38               26.74           I            LIBOR 2/6 ARM
FORT WORTH                        Yes               3Y PP                  20.1               40.28           II           FIXED
EL PASO                           Yes               2Y PP                  33.1               35.59           I            LIBOR 2/6 ARM
LAGO VISTA                         No               No PP                 47.97               49.78           II           BALLOON
BROWNSVILLE                       Yes               3Y PP                  20.2                43.6           II           FIXED
LUBBOCK                           Yes               3Y PP                 13.91               24.45           I            FIXED
LUBBOCK                            No               No PP                 13.91               24.45           I            BALLOON
ANNA                               No               No PP                 31.83               43.92           II           BALLOON
BOLIVAR                           Yes               3Y PP                  20.8                34.5           I            FIXED
HUMBOLDT                          Yes               2Y PP                 25.79                48.6           I            LIBOR 2/6 ARM
ALEDO                             Yes               3Y PP                  22.2                46.3           II           FIXED
ARLINGTON                          No               No PP                 23.25               35.43           I            BALLOON
COLLIERVILLE                      Yes               3Y PP                    41                  52           II           FIXED
BOLIVAR                           Yes               3Y PP                  31.1                32.1           I            FIXED
HEARTLAND                         Yes               3Y PP                 37.39               40.89           II           FIXED
MIDDLETON                         Yes               3Y PP                 20.63               26.19           I            FIXED
FORT WORTH                        Yes               3Y PP                 23.87               49.17           I            FIXED
RENOVA                            Yes               2Y PP                 17.39               23.69           I            LIBOR 2/6 ARM
MESQUITE                          Yes               3Y PP                 41.32                49.6           II           FIXED IO
MESQUITE                           No               No PP                 41.32                49.6           II           BALLOON
MULVANE                            No               No PP                 42.54               42.54           II           FIXED
WHITWELL                          Yes               3Y PP                 37.13               47.99           II           FIXED
HUTCHINSON                         No               No PP                 17.99               47.19           II           FIXED
LEWISVILLE                         No               No PP                 44.94               46.21           II           BALLOON
CARROLLTON                        Yes               3Y PP                 26.51               37.17           I            FIXED
LOUISVILLE                        Yes               3Y PP                 22.34               33.06           I            LIBOR 2/6 ARM
TULSA                              No               No PP                 24.68               36.32           I            BALLOON
HORIZON CITY                      Yes               3Y PP                 34.35               49.76           II           FIXED
HORIZON CITY                      Yes               3Y PP                 41.46               42.98           II           FIXED
AUSTIN                            Yes               3Y PP                 19.96                  49           I            FIXED IO
LONGVIEW                          Yes               3Y PP                 25.66               45.29           I            FIXED
HOUSTON                            No               No PP                 18.41               38.15           I            BALLOON
CANYON LAKE                       Yes               3Y PP                 32.36               45.75           I            FIXED
ABILENE                           Yes               3Y PP                 28.36               42.29           II           FIXED
ANAHUAC                           Yes               3Y PP                 18.25               40.21           II           FIXED
MIDLAND                           Yes               3Y PP                 24.18               45.24           II           FIXED
HOUSTON                           Yes               3Y PP                 37.18               37.95           I            FIXED
PASADENA                           No               No PP                 25.32               33.81           II           BALLOON
PASADENA                           No               No PP                 30.74               33.05           II           BALLOON
HOCKLEY                            No               No PP                 32.75               49.57           II           BALLOON
BEAUMONT                          Yes               3Y PP                 17.89               28.05           I            FIXED
COLUMBIA                           No               No PP                 30.97               42.18           II           FIXED
AUSTIN                            Yes               1Y PP                 31.85               46.77           I            LIBOR 2/6 ARM
HOUSTON                           Yes               2Y PP                 47.83               49.33           I            LIBOR 2/6 ARM
BEAUMONT                          Yes               3Y PP                  31.3               49.16           II           FIXED
HOUSTON                           Yes               2Y PP                 35.97               49.23           I            LIBOR 2/6 ARM
PASADENA                          Yes               3Y PP                 18.65                47.9           I            FIXED
SAN ANTONIO                       Yes               3Y PP                 41.02               45.96           II           FIXED
HOUSTON                            No               No PP                 21.15               44.57           I            BALLOON
HOUSTON                           Yes               3Y PP                 38.53              45.564           II           FIXED
DUBLIN                            Yes               2Y PP                 20.72              42.555           I            LIBOR 2/6 ARM
HUMBLE                            Yes               3Y PP                 17.21               17.78           I            FIXED
GALENA PARK                       Yes               3Y PP                  31.2               46.92           II           FIXED
HOUSTON                            No               No PP                 25.97                47.5           II           BALLOON
CYPRESS                           Yes               2Y PP                 48.75               49.82           I            LIBOR 2/6 ARM
HUMBLE                             No               No PP                 20.33               34.81           I            BALLOON
SAN ANTONIO                       Yes               3Y PP                    42               45.48           II           FIXED
MCALLEN                           Yes               3Y PP                 36.78               37.43           II           FIXED
PHARR                             Yes               3Y PP                 35.33               46.79           I            FIXED
PHARR                              No               No PP                 35.33               46.79           I            BALLOON
AUSTIN                            Yes               3Y PP                 36.23               49.95           II           FIXED
AUSTIN                             No               No PP                 36.14               49.86           II           BALLOON
KATY                              Yes               3Y PP                 34.72               42.01           II           FIXED
LEAGUE CITY                        No               No PP                 17.75               36.46           I            BALLOON
WACO                              Yes               3Y PP                  25.8               38.76           II           FIXED
MONTGOMERY                        Yes               3Y PP                 29.92                49.9           I            FIXED
CROCKETT                          Yes               3Y PP                 20.44               34.38           I            FIXED
CROCKETT                           No               No PP                  25.9               36.49           I            BALLOON
SAN JUAN                          Yes               2Y PP                 43.93               44.92           I            LIBOR 2/6 ARM
HOUSTON                           Yes               3Y PP                 21.22               35.81           II           FIXED
HOUSTON                            No               No PP                 39.14               39.14           II           BALLOON
MONTGOMERY                        Yes               3Y PP                     0                49.7           I            FIXED
RICHMOND                          Yes               3Y PP                 27.09               48.33           I            FIXED
MISSOURI CITY                     Yes               3Y PP                 15.14               41.16           I            FIXED
SUGAR LAND                        Yes               3Y PP                 20.08               38.77           I            FIXED
KILLEEN                           Yes               3Y PP                 28.72                33.2           II           FIXED
MCALLEN                           Yes               2Y PP                  27.1                37.3           I            LIBOR 2/6 ARM
HOUSTON                           Yes               3Y PP                 26.93               43.53           II           FIXED
HITCHCOCK                         Yes               3Y PP                 35.44               49.27           II           FIXED
HITCHCOCK                          No               No PP                 35.44               49.27           II           BALLOON
SAN ANTONIO                        No               No PP                  39.2               44.75           I            LIBOR 2/6 ARM
HUFFMAN                           Yes               3Y PP                  1.81                4.26           I            FIXED
WHITESBORO                        Yes               3Y PP                 18.17               44.88           I            FIXED
ROUND ROCK                        Yes               3Y PP                 39.02               44.53           II           FIXED
LINDALE                           Yes               2Y PP                  12.4               19.35           I            LIBOR 2/6 ARM IO
HOUSTON                           Yes               3Y PP                 24.16               46.62           II           FIXED
HOUSTON                            No               No PP                 24.61               29.72           I            BALLOON
HOUSTON                           Yes               3Y PP                 12.32               27.82           I            FIXED
CLEVELAND                         Yes               3Y PP                 23.35               34.17           II           FIXED
CLEVELAND                          No               No PP                 23.35               34.17           II           BALLOON
ROUND ROCK                        Yes               2Y PP                  33.2               45.72           I            LIBOR 2/6 ARM
HOUSTON                           Yes               3Y PP                  29.3                53.8           I            FIXED
AUSTIN                            Yes               3Y PP                 36.74               49.88           II           40YR BALLOON
EL PASO                           Yes               3Y PP                 25.87                47.9           I            FIXED
PORTER                            Yes               3Y PP                 29.06               29.06           II           FIXED
WAXAHACHIE                        Yes               3Y PP                 21.72               21.72           I            FIXED
CYPRESS                           Yes               2Y PP                 33.64               47.11           I            LIBOR 2/6 ARM
HOUSTON                           Yes               2Y PP                  31.2                33.5           I            LIBOR 2/6 ARM
HOUSTON                            No               No PP                 34.74               36.35           II           BALLOON
SILSBEE                           Yes               3Y PP                 35.24               45.05           II           FIXED
ROSENBERG                         Yes               2Y PP                 25.28               34.73           I            LIBOR 2/6 ARM
LONGVIEW                          Yes               3Y PP                 48.44               48.98           II           40YR BALLOON
CANYON LAKE                       Yes               3Y PP                 35.31               43.71           I            FIXED
CEDAR PARK                        Yes               3Y PP                  39.7                49.8           II           40YR BALLOON
HOUSTON                           Yes               3Y PP                 28.73               35.61           I            FIXED
HUMBLE                            Yes               3Y PP                  27.3               47.32           I            FIXED
ORANGE                            Yes               3Y PP                 23.32               47.93           II           FIXED
DALLAS                            Yes               3Y PP                 35.11               46.43           II           FIXED
DALLAS                             No               No PP                 33.51               44.83           II           BALLOON
LAREDO                            Yes               3Y PP                 31.25               45.64           I            FIXED
SEALY                             Yes               3Y PP                 30.39               47.41           I            FIXED
BAYTOWN                           Yes               2Y PP                 19.18               31.56           I            LIBOR 2/6 ARM
KATY                              Yes               3Y PP                 43.18               43.18           II           FIXED
MISSOURI CITY                     Yes               3Y PP                 23.11               30.67           I            FIXED
LA PORTE                          Yes               3Y PP                 26.29               36.57           I            FIXED
HUMBLE                            Yes               3Y PP                 44.39               45.31           II           FIXED
LEANDER                           Yes               3Y PP                 31.76               45.96           II           FIXED
CYPRESS                           Yes               3Y PP                 30.19               47.81           II           40YR BALLOON
HOUSTON                           Yes               3Y PP                     0               45.35           I            FIXED
DAYTON                            Yes               3Y PP                 36.77               46.63           I            FIXED
THE WOODLANDS                     Yes               3Y PP                 33.82                43.2           I            FIXED
BROWNSVILLE                       Yes               3Y PP                 28.92               46.95           I            FIXED
KYLE                              Yes               3Y PP                 36.08               49.16           I            FIXED
CORSICANA                          No               No PP                 13.87               37.53           I            BALLOON
HUTTO                             Yes               3Y PP                 46.17                49.7           II           FIXED
PEARLAND                          Yes               3Y PP                 42.47               42.75           I            FIXED
HOUSTON                           Yes               3Y PP                  27.5               29.22           I            40YR BALLOON
HUMBLE                            Yes               2Y PP                  35.5                53.8           I            LIBOR 2/6 ARM IO
DICKINSON                         Yes               3Y PP                 25.77               44.91           II           FIXED
PEARLAND                          Yes               3Y PP                 24.66               39.17           I            FIXED
PEARLAND                           No               No PP                 24.66               39.17           I            BALLOON
BAYTOWN                            No               No PP                 30.52               49.76           I            LIBOR 2/6 ARM
SAGINAW                            No               No PP                 31.72                47.2           II           BALLOON
MESQUITE                           No               No PP                 30.46               43.51           I            BALLOON
BOLIVAR                            No               No PP                 21.84               49.54           I            BALLOON
OTTUMWA                            No               No PP                 16.16               26.08           II           FIXED
MARSHALLTOWN                       No               No PP                 32.15               49.98           II           BALLOON
WYLIE                              No               No PP                 21.42               47.05           I            BALLOON
HAYS                               No               No PP                 28.31               36.31           I            BALLOON
GRINNELL                           No               No PP                  12.1                30.6           I            BALLOON
ALLEN                              No               No PP                 37.61               49.87           II           BALLOON
IOWA CITY                          No               No PP                  17.3               21.12           II           BALLOON
FREEMONT                          Yes               3Y PP                 45.09               49.44           II           BALLOON
NORFOLK                            No               No PP                 34.95               49.57           II           BALLOON
HOUSTON                            No               No PP                  3.41                3.92           I            BALLOON
LUFKIN                             No               No PP                 20.73               44.31           I            BALLOON
LEAGUE CITY                        No               No PP                 32.56               47.85           II           BALLOON
TYLER                             Yes               3Y PP                  29.5                51.4           II           FIXED
KANSAS CITY                        No               No PP                 45.53                47.1           II           BALLOON
SOUTH HOUSTON                     Yes               2Y PP                 35.03               36.56           I            LIBOR 2/6 ARM
LAREDO                            Yes               3Y PP                  39.4               48.48           I            FIXED
HOUSTON                           Yes               2Y PP                 45.88               47.01           I            LIBOR 2/6 ARM
SUGAR LAND                         No               No PP                  16.8                31.9           I            BALLOON
HOUSTON                            No               No PP                    31               34.05           II           FIXED
HOUSTON                           Yes               3Y PP                  25.4                43.3           I            FIXED
CROSBY                             No               No PP                  20.5                50.5           I            BALLOON
HOUSTON                           Yes               3Y PP                 23.19               42.67           II           FIXED
HIGHLANDS                         Yes               3Y PP                 25.06               47.18           II           FIXED
HOUSTON                            No               No PP                 28.33               31.93           I            BALLOON
VIDOR                             Yes               1Y PP                 21.08               37.01           I            LIBOR 2/6 ARM
HOUSTON                           Yes               3Y PP                    29               35.23           II           FIXED
LAKE CHARLES                      Yes               3Y PP                  27.8               48.43           II           FIXED
LUMBERTON                          No               No PP                 31.22               47.92           II           BALLOON
SAN JUAN                           No               No PP                 47.92               48.71           II           BALLOON
WACO                              Yes               3Y PP                  20.7                48.2           II           FIXED
KARNACK                            No               No PP                  21.5                29.8           I            BALLOON
HORIZON                           Yes               3Y PP                 21.18               49.94           I            FIXED
HOUSTON                           Yes               3Y PP                  47.8              36.875           II           FIXED
CEDAR PARK                         No               No PP                 22.11               44.58           I            BALLOON
HOUSTON                           Yes               3Y PP                 32.64               49.19           II           FIXED
BAYTOWN                           Yes               3Y PP                 25.17               45.77           II           FIXED
CHANNELVIEW                       Yes               2Y PP                   5.5               15.95           I            LIBOR 2/6 ARM
SAN ANTONIO                        No               No PP                 15.28               48.43           I            BALLOON
MANOR                              No               No PP                 35.71               36.43           II           BALLOON
FORT WORTH                         No               No PP                  36.6                54.7           II           BALLOON
LEAGUE CITY                       Yes               3Y PP                 11.88                32.2           II           FIXED
SILSBEE                            No               No PP                 15.83               43.37           I            BALLOON
SAN JUAN                           No               No PP                 33.53               38.61           II           BALLOON
WILLIS                             No               No PP                 18.62               40.66           II           BALLOON
HEMPSTEAD                          No               No PP                 29.86               45.93           I            BALLOON
SAN ANTONIO                       Yes               3Y PP                 31.19               44.61           II           FIXED
HUMBLE                            Yes               3Y PP                 19.52               33.89           II           FIXED
HOUSTON                            No               No PP                 15.61               21.38           I            BALLOON
HUMBLE                             No               No PP                 38.33               41.15           II           BALLOON
RIO GRANDE CITY                    No               No PP                  32.5               37.41           II           BALLOON
LYTLE                              No               No PP                 20.33               33.33           II           FIXED
HOUSTON                           Yes               3Y PP                 26.87               44.21           I            FIXED
TOMBALL                            No               No PP                 24.67               45.83           I            BALLOON
RICHMOND                          Yes               3Y PP                 26.41               47.38           II           FIXED
AUSTIN                             No               No PP                 18.39               47.96           I            BALLOON
BROWNSVILLE                       Yes               3Y PP                 17.92               22.59           I            FIXED
HOUSTON                           Yes               3Y PP                 35.33               38.55           II           FIXED
CROSBY                             No               No PP                  29.7                35.1           I            BALLOON
HOUSTON                           Yes               3Y PP                 20.58               28.29           I            FIXED
VICTORIA                           No               No PP                 15.83               33.81           I            BALLOON
SAN ANTONIO                       Yes               3Y PP                 30.06               48.35           I            FIXED
SAN ANTONIO                        No               No PP                 30.98               49.27           I            FIXED
ROSENBERG                         Yes               3Y PP                 17.82               26.02           I            FIXED
BROWNSVILLE                       Yes               3Y PP                 27.61               44.83           I            FIXED
HOUSTON                            No               No PP                  13.7               26.51           I            BALLOON
SAN JUAN                          Yes               3Y PP                 30.11               30.11           II           FIXED
NEW CANEY                          No               No PP                  25.2               40.52           I            BALLOON
HOUSTON                            No               No PP                 17.04               21.43           II           BALLOON
HOUSTON                           Yes               3Y PP                 35.23               44.88           II           FIXED
BAYTOWN                           Yes               3Y PP                  10.6                  38           I            FIXED
BROWNSVILLE                       Yes               3Y PP                    28                39.2           II           FIXED
LA PORTE                          Yes               3Y PP                 34.67               49.83           II           40YR BALLOON
LEWISVILLE                        Yes               3Y PP                 39.49               45.55           II           40YR BALLOON
HORIZON                           Yes               3Y PP                 37.52               48.31           II           FIXED
HOUSTON                           Yes               3Y PP                 49.66               49.66           II           FIXED
HOUSTON                           Yes               3Y PP                 30.85               32.51           II           FIXED
VICTORIA                           No               No PP                 18.95               25.52           II           BALLOON
HOUSTON                           Yes               3Y PP                 31.54               49.36           II           FIXED
HOUSTON                            No               No PP                     0               43.11           I            BALLOON
MAGNOLIA                          Yes               3Y PP                 29.95               45.16           I            FIXED
AUSTIN                            Yes               3Y PP                 35.72               48.44           II           FIXED
HOUSTON                            No               No PP                     0               36.35           I            BALLOON
AUSTIN                            Yes               3Y PP                 30.37               47.37           I            FIXED IO
AUSTIN                             No               No PP                 30.37               47.37           I            BALLOON
SPRING                            Yes               3Y PP                 18.21               22.09           I            FIXED
HOUSTON                           Yes               3Y PP                 44.82               46.29           II           FIXED
SPRING                            Yes               3Y PP                  24.7               40.05           I            FIXED
HOUSTON                           Yes               2Y PP                 28.77               44.28           I            LIBOR 2/6 ARM
CYPRESS                           Yes               3Y PP                 21.87               42.86           I            FIXED
HOUSTON                           Yes               3Y PP                 40.02               49.38           II           40YR BALLOON
HOUSTON                            No               No PP                 40.02               49.38           II           BALLOON
SPRING                             No               No PP                 25.69               34.79           I            BALLOON
HUMBLE                            Yes               3Y PP                  21.8                47.9           I            FIXED
HUMBLE                             No               No PP                  21.8                47.9           I            BALLOON
EDINBURG                          Yes               3Y PP                 35.27               48.31           I            FIXED
HOUSTON                           Yes               3Y PP                 44.26               45.42           II           FIXED
BAYTOWN                           Yes               3Y PP                 34.21               49.81           I            FIXED
HOUSTON                            No               No PP                 19.45               24.82           I            BALLOON
DONNA                             Yes               3Y PP                 30.27               49.93           I            FIXED
EDINBURG                          Yes               3Y PP                 39.24               49.49           I            FIXED
HOUSTON                           Yes               3Y PP                 38.99               43.56           I            FIXED
FRESNO                            Yes               3Y PP                 36.68               49.29           II           FIXED
SAN ANTONIO                        No               No PP                  24.2                50.2           II           FIXED
SAN ANTONIO                       Yes               3Y PP                 35.42               44.68           II           FIXED
HOPKINS                            No               No PP                 35.48               46.05           II           FIXED
BAYTOWN                           Yes               3Y PP                 23.62               49.62           II           FIXED
KATY                              Yes               3Y PP                 37.06               37.66           II           FIXED
PENITAS                           Yes               3Y PP                 25.52               37.39           I            40YR BALLOON
SEA BROOK                         Yes               3Y PP                 24.76               49.48           I            40YR BALLOON
PENITAS                            No               No PP                 25.52               37.39           I            BALLOON
SAN ANTONIO                        No               No PP                 42.46               45.42           II           BALLOON
PFLUGERVILLE                      Yes               3Y PP                 21.87                23.9           I            FIXED
PENITAS                           Yes               3Y PP                    20                32.3           II           FIXED
EDINBURG                           No               No PP                 37.27               46.21           II           BALLOON
KINGWOOD                          Yes               3Y PP                 34.19               45.47           II           FIXED
SPRING                            Yes               3Y PP                  28.1               35.16           I            FIXED
HOUSTON                            No               No PP                 29.09               33.93           II           BALLOON
VIDOR                             Yes               3Y PP                 25.53               42.36           I            FIXED
WINNIE                            Yes               3Y PP                 41.95               43.83           II           FIXED
GRANADA HILLS                     Yes               2Y PP                 36.79               39.83           I            LIBOR 2/6 ARM IO
LAKE ELSINORE                     Yes               2Y PP                 30.57               49.26           I            BALLOON
GRANADA HILLS                     Yes               3Y PP                 44.92               45.94           I            FIXED IO
HESPERIA                          Yes               2Y PP                 30.15               32.35           I            BALLOON
RESEDA AREA                       Yes               2Y PP                  41.4                41.8           I            BALLOON
SUN VALLEY                        Yes               2Y PP                  39.9                46.4           I            BALLOON
MORENO VALLEY                     Yes               2Y PP                  43.2                43.6           I            BALLOON
SOUTH GATE                        Yes               2Y PP                 44.35                49.1           I            BALLOON
LOS ANGELES                       Yes               2Y PP                  38.2                38.6           I            LIBOR 2/6 ARM IO
RIVERSIDE                          No               No PP                  34.7                40.1           II           BALLOON
DESERT HOT SPRI                    No               No PP                     0               30.96           I            LIBOR 2/6 ARM
DESERT HOT SPRI                    No               No PP                     0               30.96           I            BALLOON
LA PUENTE                         Yes               3Y PP                 37.72               39.94           I            LIBOR 5/1 ARM IO
COSTA MESA                        Yes               3Y PP                  37.3               45.54           I            FIXED IO
COSTA MESA                        Yes               2Y PP                  33.4               45.54           I            BALLOON
LAS VEGAS                         Yes               3Y PP                  28.4                29.6           II           40YR BALLOON
SUGARLOAF                         Yes               2Y PP                 36.27               37.66           I            BALLOON
REDLANDS                          Yes               2Y PP                  47.3                47.8           I            BALLOON
SANTA ANA                          No               No PP                  25.1                  47           I            BALLOON
SAN BERNARDINO                    Yes               2Y PP                 40.39               44.91           I            LIBOR 2/6 ARM IO
HIGHLAND                          Yes               3Y PP                 19.42               45.38           II           FIXED IO
LOS ANGELES                       Yes               3Y PP                 39.69                  48           II           FIXED
FONTANA                           Yes               2Y PP                 35.76               35.76           I            BALLOON
SANTA CRUZ                        Yes               3Y PP                  54.9                54.9           I            FIXED IO
BAKERSFIELD                       Yes               3Y PP                 45.33               47.33           I            FIXED IO
FONTANA AREA                      Yes               3Y PP                 32.15               32.15           II           FIXED IO
EL MONTE                          Yes               2Y PP                  45.2                45.7           I            BALLOON
WESTMINSTER                       Yes               3Y PP                 36.32               43.62           I            FIXED IO
FONTANA                           Yes               3Y PP                  27.7                42.9           I            FIXED IO
GARDEN GROVE                       No               No PP                  37.7                45.3           I            BALLOON
MORENO VALLEY                     Yes               2Y PP                  36.2                  43           I            BALLOON
LONG BEACH                        Yes               2Y PP                  42.6                45.7           I            BALLOON
RIALTO                            Yes               2Y PP                  37.7                45.3           I            BALLOON
NUEVO                             Yes               3Y PP                  37.2                45.4           I            LIBOR 5/1 ARM IO
BAKERSFIELD                       Yes               3Y PP                 42.19               42.19           II           40YR BALLOON
LOS ANGELES                       Yes               2Y PP                  41.2                47.5           I            BALLOON
PERRIS                            Yes               3Y PP                 32.12               40.29           II           FIXED IO
ONTARIO                           Yes               3Y PP                  37.9              45.035           II           FIXED
RIVERSIDE AREA                    Yes               3Y PP                  45.7                53.9           I            FIXED IO
HESPERIA                          Yes               3Y PP                  38.9               48.61           I            FIXED IO
ANAHEIM                           Yes               3Y PP                 44.73               47.89           I            40YR BALLOON
SANTA ANA                         Yes               2Y PP                  29.7                29.7           I            LIBOR 2/6 ARM IO
MONROVIA                          Yes               2Y PP                  41.1               41.22           I            LIBOR 2/6 ARM IO
CORONA                            Yes               1Y PP                  40.4               40.82           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               3Y PP                  43.1                  46           II           FIXED
SANTA ROSA BEAC                   Yes               2Y PP                     0                23.7           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               3Y PP                 36.86               49.77           I            LIBOR 5/1 ARM IO
DOWNEY                            Yes               3Y PP                    35               48.32           I            TREAS. 5/1 ARM IO
RICHMOND                          Yes               2Y PP                 40.43               44.95           I            LIBOR 2/6 ARM IO
SAN DIEGO                         Yes               3Y PP                  39.3                49.9           II           FIXED IO
SAN DIEGO                         Yes               3Y PP                 40.43               44.57           I            FIXED
TEMECULA                          Yes               2Y PP                 48.41               49.42           I            LIBOR 2/6 ARM IO
CATHEDRAL CITY                    Yes               3Y PP                 21.67                22.4           II           FIXED IO
HUNTINGTON BEAC                   Yes               3Y PP                 26.42               32.64           I            FIXED IO
HIDDEN HILLS                      Yes               3Y PP                 16.47                23.9           I            FIXED IO
ESCONDIDO                         Yes               3Y PP                 38.07               48.07           I            FIXED IO
DESERT HOT SPRI                   Yes               3Y PP                 34.73               45.38           I            FIXED IO
HEBER                             Yes               3Y PP                 46.89               47.27           I            FIXED IO
CHULA VISTA                       Yes               3Y PP                 39.61               46.94           II           FIXED
BRAWLEY                           Yes               3Y PP                  31.1                51.8           I            FIXED IO
CONWAY                             No               No PP                  40.3                53.9           II           BALLOON
ROCKFORD                          Yes               3Y PP                  27.3                47.1           II           FIXED IO
LOS ANGELES                       Yes               2Y PP                 44.99               45.74           I            BALLOON
LOS ANGELES                       Yes               2Y PP                  38.5               44.91           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               2Y PP                  41.8                48.2           I            BALLOON
CHICAGO                            No               No PP                 22.03               47.11           II           BALLOON
NORTHRIDGE AREA                   Yes               2Y PP                    50                  50           I            BALLOON
SANTA ANA                         Yes               2Y PP                  41.9                45.4           I            BALLOON
APPLE VALLEY AR                   Yes               2Y PP                 42.28                43.2           I            BALLOON
LAKEPORT                          Yes               2Y PP                 37.33                  45           I            LIBOR 2/6 ARM IO
SURPRISE                          Yes               3Y PP                  32.9               42.86           II           FIXED IO
BAKERSFIELD                       Yes               3Y PP                  38.9                39.6           I            FIXED IO
BLOOMINGTON ARE                    No               No PP                  28.1                43.3           I            BALLOON
ANAHEIM                           Yes               2Y PP                  22.3                32.3           I            BALLOON
SAN DIEGO                          No               No PP                 35.83               46.12           I            BALLOON
APPLE VALLEY                       No               No PP                 36.71               45.52           I            BALLOON
OCEANSIDE                          No               No PP                 45.84               45.84           I            LIBOR 2/6 ARM IO
YUBA CITY                         Yes               2Y PP                 30.55               41.36           I            BALLOON
SUN CITY                          Yes               2Y PP                  46.5               46.84           II           BALLOON
CARLSBAD                          Yes               3Y PP                 40.21               45.19           I            40YR BALLOON
SAN DIEGO                         Yes               3Y PP                 36.57               41.87           I            FIXED IO
SAN YSIDRO                         No               No PP                 44.57               44.76           II           BALLOON
MURRIETA                          Yes               2Y PP                  40.1                  44           I            BALLOON
SAN DIEGO                         Yes               3Y PP                 30.38               30.38           II           FIXED
EL CAJON                          Yes               3Y PP                 38.75               47.06           II           FIXED IO
EL CAJON                          Yes               2Y PP                 38.75               47.06           I            BALLOON
SAN DIEGO                          No               No PP                 19.24               40.67           I            6MLIBOR IO
SAN DIEGO                         Yes               3Y PP                  29.5                29.5           I            FIXED IO
SHASTA LAKE                       Yes               3Y PP                  43.6                53.7           II           FIXED
PALM DESERT                       Yes               3Y PP                 26.61               35.92           I            FIXED
OCEANSIDE                          No               No PP                 35.53               43.65           I            BALLOON
YUCAIPA                           Yes               3Y PP                 19.36               28.11           I            FIXED
ORANGEVALE                        Yes               2Y PP                 36.88               48.08           I            BALLOON
OLIVEHURST                        Yes               3Y PP                  33.2               36.29           I            40YR BALLOON
RANCHO MURIETA                    Yes               3Y PP                  39.6                51.7           I            FIXED IO
SAN DIEGO                         Yes               2Y PP                  40.9                41.1           I            BALLOON
MURRIETA                          Yes               3Y PP                 26.46               37.78           II           FIXED IO
HEBER                             Yes               3Y PP                 35.22               48.39           I            40YR BALLOON
ORANGE                             No               No PP                  36.4                45.8           I            LIBOR 2/6 ARM IO
SAN DIEGO                         Yes               3Y PP                 42.91               49.15           I            FIXED IO
VIRGINIA CITY H                   Yes               3Y PP                  22.3                28.8           I            FIXED
RANCHO MIRAGE                     Yes               3Y PP                  30.6                33.4           I            FIXED IO
SAN JACINTO                       Yes               3Y PP                  36.3                51.6           I            FIXED
THOUSAND OAKS                     Yes               3Y PP                  54.9                54.9           I            40YR BALLOON
NORTH HIGHLANDS                   Yes               3Y PP                 34.55               48.36           II           40YR BALLOON
SAN DIEGO                         Yes               3Y PP                 28.15               46.56           I            LIBOR 5/1 ARM IO
HEBER                             Yes               3Y PP                  38.5                43.6           I            FIXED IO
SAN DIEGO                         Yes               3Y PP                 30.13               35.31           I            FIXED IO
SAN LORENZO                       Yes               2Y PP                  29.6                45.3           I            BALLOON
COUPEVILLE                        Yes               3Y PP                  54.7                54.7           I            FIXED IO
LA QUINTA                         Yes               3Y PP                  45.9                51.9           I            FIXED
BENICIA                           Yes               2Y PP                  33.3                45.6           I            BALLOON
SACRAMENTO                        Yes               3Y PP                  32.7                41.3           I            40YR BALLOON
SAN DIEGO                         Yes               3Y PP                 47.04                48.3           I            LIBOR 5/1 ARM IO
SOLANA BEACH                      Yes               3Y PP                  21.5                37.1           I            FIXED IO
HEMET                             Yes               3Y PP                  43.8                54.7           II           40YR BALLOON
ALISO VIEJO                       Yes               3Y PP                  23.5                45.1           I            LIBOR 5/1 ARM IO
MENIFEE                           Yes               3Y PP                  38.9               46.03           I            LIBOR 5/1 ARM IO
MENIFEE                           Yes               3Y PP                  38.7                49.5           I            BALLOON
INDIO                             Yes               3Y PP                  14.4                29.9           II           FIXED
SALINAS                           Yes               3Y PP                  49.2                51.6           I            FIXED
CHULA VISTA                       Yes               3Y PP                  38.7                44.2           I            LIBOR 5/1 ARM IO
BERKELEY                           No               No PP                 48.51               48.51           I            LIBOR 3/6 ARM
3443 MADISON AV                   Yes               3Y PP                 40.09               46.71           I            LIBOR 5/1 ARM IO
SACRAMENTO                        Yes               3Y PP                 42.41               47.02           II           40YR BALLOON
SAN JOSE                           No               No PP                 40.86               46.79           I            LIBOR 2/6 ARM IO
IMPERIAL BEACH                    Yes               3Y PP                 31.28               33.19           I            FIXED
RIVERSIDE                         Yes               3Y PP                 37.36               37.88           I            LIBOR 5/6 ARM IO
SAN JOSE                          Yes               3Y PP                 26.41               29.96           I            FIXED
SALIDA                            Yes               3Y PP                  41.4                41.9           II           40YR BALLOON
SAN DIEGO                         Yes               3Y PP                  39.6                54.7           I            FIXED
OAKDALE                           Yes               3Y PP                 39.26               39.62           I            LIBOR 5/1 ARM IO
MATHER                            Yes               3Y PP                  34.1                43.7           I            FIXED
SACRAMENTO                        Yes               3Y PP                 32.05                33.2           I            LIBOR 5/1 ARM IO
LINCOLN                           Yes               2Y PP                 47.49               47.49           I            LIBOR 2/6 ARM IO
SOLANA BEACH                      Yes               3Y PP                    28                43.2           I            40YR BALLOON
STOCKTON                          Yes               2Y PP                 43.08               43.34           I            LIBOR 2/6 ARM IO
SAN DIEGO                         Yes               3Y PP                 30.93               45.57           I            LIBOR 5/1 ARM IO
SAN JOSE                          Yes               3Y PP                 36.31               44.52           I            LIBOR 5/1 ARM IO
CHULA VISTA                       Yes               3Y PP                  30.1              39.596           I            TREAS. 5/1 ARM IO
CHULA VISTA                       Yes               2Y PP                  30.1                53.9           I            BALLOON
SAN JOSE                           No               No PP                 19.01               27.71           I            LIBOR 2/6 ARM IO
SAN JOSE                           No               No PP                  18.5                32.1           I            BALLOON
ANTIOCH                           Yes               3Y PP                 31.46               43.92           I            LIBOR 5/1 ARM IO
HEBER                             Yes               3Y PP                    31                35.5           I            LIBOR 5/1 ARM IO
LAKESIDE                          Yes               3Y PP                 29.19               29.19           I            FIXED
SIMI VALLEY                       Yes               3Y PP                 41.96               48.46           I            LIBOR 5/1 ARM IO
HOFFMAN ESTATES                    No               No PP                 26.62               39.03           II           BALLOON
DETROIT                            No               No PP                  34.1                  41           II           BALLOON
MENAHGA                           Yes               3Y PP                  8.96                33.9           II           40YR BALLOON
DEKALB                             No               No PP                 22.55               24.02           II           FIXED
LOCKPORT                           No               No PP                 28.15               44.38           II           FIXED IO
OSWEGO                             No               No PP                    39                54.4           II           FIXED
HOUSTON                            No               No PP                 20.63               49.23           II           BALLOON
GALVA                              No               No PP                 19.66               44.78           I            BALLOON
IOLA                               No               No PP                 17.06               49.78           II           BALLOON
COLLEGE STATION                    No               No PP                 21.89               49.43           I            BALLOON
STANTON                           Yes               2Y PP                 42.35               47.08           I            LIBOR 2/6 ARM IO
DIAMOND BAR                       Yes               3Y PP                 42.79               46.19           I            FIXED
LAGUNA NIGUEL                     Yes               2Y PP                 44.97               45.35           I            LIBOR 2/6 ARM IO
MORENO VALLEY                     Yes               3Y PP                 38.82               48.13           I            LIBOR 5/1 ARM IO
ANAHEIM                           Yes               2Y PP                 44.75               45.28           I            LIBOR 2/6 ARM IO
ONTARIO                           Yes               2Y PP                  40.1               49.16           I            LIBOR 2/6 ARM IO
PERRIS                            Yes               2Y PP                 40.36               45.47           I            LIBOR 2/6 ARM IO
INGLEWOOD                         Yes               3Y PP                 33.55               36.87           I            TREAS. 5/1 ARM IO
INGLEWOOD                         Yes               3Y PP                 33.55               36.86           II           BALLOON
FONTANA                           Yes               3Y PP                 35.28               45.07           I            FIXED IO
CORONA                            Yes               3Y PP                 30.82               46.48           I            FIXED IO
CORONA                            Yes               2Y PP                  43.5                51.1           I            LIBOR 2/6 ARM IO
CASTAIC                           Yes               3Y PP                 33.95               44.92           I            LIBOR 5/1 ARM IO
RIALTO                            Yes               3Y PP                  33.8               44.97           II           FIXED
EL CAJON                          Yes               3Y PP                  37.6                51.2           II           FIXED IO
LA HABRA                          Yes               3Y PP                 42.09               46.82           I            FIXED IO
NORTH HOLLYWOOD                   Yes               2Y PP                 24.46              48.546           I            LIBOR 2/6 ARM IO
PACOIMA                           Yes               2Y PP                 36.06               40.22           I            LIBOR 2/6 ARM IO
PACOIMA                           Yes               2Y PP                    36                40.1           I            BALLOON
SAN BERNARDINO                    Yes               2Y PP                 29.96               44.18           I            LIBOR 2/6 ARM IO
CORONA                            Yes               2Y PP                 38.86               44.56           I            LIBOR 2/6 ARM IO
LAKE ELSINORE                     Yes               2Y PP                 44.26               44.26           I            LIBOR 2/6 ARM IO
BALTIMORE                          No               No PP                 45.58               46.85           II           FIXED IO
AURORA                             No               No PP                  36.5                44.1           II           BALLOON
AURORA                             No               No PP                 36.08               49.09           II           BALLOON
DENVER                             No               No PP                 24.62               39.95           II           BALLOON
MONUMENT                          Yes               2Y PP                 29.81               42.21           I            LIBOR 3/6 ARM IO
AURORA                             No               No PP                 24.49               39.47           II           BALLOON
FARMINGTON                         No               No PP                 29.69               43.79           II           BALLOON
STERLING                           No               No PP                 34.41               49.95           II           BALLOON
DENVER                            Yes               2Y PP                 28.13               47.93           II           BALLOON
COLORADO SPRING                   Yes               2Y PP                 34.35               46.55           II           BALLOON
AURORA                            Yes               3Y PP                  38.2               38.95           II           40YR BALLOON
CENTENNIAL                        Yes               3Y PP                 45.85               49.87           II           FIXED IO
DENVER                             No               No PP                     0               42.74           I            BALLOON
DENVER                             No               No PP                  15.8                47.4           I            BALLOON
DENVER                            Yes               3Y PP                  45.3                49.6           II           FIXED IO
WESTMINSTER                        No               No PP                    22                48.1           I            BALLOON
CARBONDALE                        Yes               3Y PP                 46.56               47.13           I            FIXED IO
CASTLE ROCK                       Yes               2Y PP                  28.5                38.1           I            LIBOR 2/6 ARM
CASTLE ROCK                       Yes               2Y PP                  28.5                38.1           II           BALLOON
DENVER                             No               No PP                  33.8                43.4           II           BALLOON
GREENWOOD VILLA                    No               No PP                  38.7                44.6           I            BALLOON
DENVER                            Yes               3Y PP                  44.1                45.5           II           FIXED IO
DENVER                             No               No PP                  44.1                45.5           II           BALLOON
WESTMINSTER                        No               No PP                 30.65               44.59           II           BALLOON
THORNTON                          Yes               3Y PP                  37.4                49.6           II           FIXED IO
GREELEY                           Yes               3Y PP                 20.43               34.28           II           FIXED IO
LITTLETON                         Yes               3Y PP                  28.3                37.5           I            FIXED IO
FORT LUPTON                        No               No PP                 19.77               34.51           II           BALLOON
ENGLEWOOD                         Yes               2Y PP                 37.51               40.96           I            LIBOR 2/6 ARM
DENVER                            Yes               3Y PP                 32.01               32.52           II           40YR BALLOON
GREELEY                            No               No PP                 25.58               40.43           I            BALLOON
ALAMOSA                           Yes               2Y PP                  32.4               46.87           I            LIBOR 2/6 ARM IO
ALAMOSA                            No               No PP                  32.4               46.87           I            BALLOON
CHEYENNE                           No               No PP                 35.33               47.14           II           BALLOON
CASTLE ROCK                       Yes               3Y PP                 32.95               39.98           II           FIXED
CARBONDALE                         No               No PP                  45.7                51.2           I            BALLOON
DENVER                            Yes               3Y PP                 40.86               44.43           II           40YR BALLOON
LAS VEGAS                         Yes               2Y PP                  30.4                32.6           I            LIBOR 2/6 ARM IO
GLENROCK                          Yes               3Y PP                 41.51               46.26           I            40YR BALLOON
EVANS                             Yes               3Y PP                 31.09               43.49           II           40YR BALLOON
PLAIN CITY                        Yes               2Y PP                 19.01               28.78           I            LIBOR 2/6 ARM IO
COMMERCE CITY                     Yes               2Y PP                 48.75               49.46           I            LIBOR 2/6 ARM IO
AURORA                            Yes               3Y PP                    51                  51           I            LIBOR 5/1 ARM IO
PROVO                             Yes               2Y PP                 22.72               32.38           I            LIBOR 2/6 ARM IO
BRIGHTON                          Yes               3Y PP                 33.06                48.9           I            LIBOR 5/1 ARM IO
AURORA                            Yes               3Y PP                 27.72               39.58           II           40YR BALLOON
LONGMONT                          Yes               3Y PP                 29.37               32.81           II           40YR BALLOON
LITTLETON                         Yes               2Y PP                  29.9                45.2           I            LIBOR 2/6 ARM
COLORADO SPRING                   Yes               3Y PP                  51.9                51.9           II           FIXED
COMMERCE CITY                     Yes               2Y PP                     0               25.35           I            LIBOR 2/6 ARM IO
COMMERCE CITY                      No               No PP                     0               25.35           I            BALLOON
AURORA                            Yes               3Y PP                  46.5               49.36           II           FIXED IO
DENVER                            Yes               3Y PP                 23.64               43.91           I            LIBOR 5/1 ARM IO
COLORADO SPRING                   Yes               2Y PP                 33.77               36.47           II           40YR BALLOON
THORNTON                          Yes               3Y PP                 46.06               49.91           I            LIBOR 5/1 ARM
COLORADO SPRING                   Yes               3Y PP                  4.21                11.2           I            40YR BALLOON
AURORA                            Yes               2Y PP                 28.57               38.12           I            LIBOR 2/6 ARM IO
WESTMINSTER                       Yes               2Y PP                 37.86               49.86           I            LIBOR 2/6 ARM IO
DENVER                            Yes               3Y PP                 14.11               18.52           I            LIBOR 5/1 ARM IO
DENVER                            Yes               2Y PP                  41.6                50.4           I            LIBOR 2/6 ARM IO
NORTH LAS VEGAS                   Yes               2Y PP                 33.24                  46           I            LIBOR 2/6 ARM IO
DENVER                            Yes               2Y PP                 30.93               48.48           I            LIBOR 2/6 ARM
THORNTON                          Yes               3Y PP                 19.43               43.16           I            LIBOR 5/1 ARM IO
SANDY                             Yes               3Y PP                    19               40.99           I            TREAS. 5/1 ARM
CASPER                            Yes               3Y PP                  29.1               47.68           II           FIXED
COMMERCE CITY                      No               No PP                     0                40.6           I            BALLOON
TOOELE                            Yes               3Y PP                    26                44.8           I            LIBOR 5/1 ARM IO
AMERICAN FORK                     Yes               3Y PP                 14.53               44.24           I            LIBOR 5/1 ARM IO
HAYDEN                            Yes               2Y PP                 25.78               41.06           I            LIBOR 2/6 ARM IO
WOODLAND PARK                     Yes               2Y PP                 24.19               24.19           I            LIBOR 2/6 ARM
COLORADO SPRING                   Yes               3Y PP                 33.51               42.72           I            LIBOR 5/1 ARM IO
BRIGHTON                          Yes               2Y PP                 25.52                  48           I            LIBOR 2/6 ARM IO
CHEYENNE                          Yes               3Y PP                 32.43               48.83           II           FIXED
DENVER                            Yes               3Y PP                 29.84               33.85           II           FIXED IO
LONGMONT                          Yes               3Y PP                  16.9                22.4           II           40YR BALLOON
COLORADO SPRING                   Yes               3Y PP                 48.37               48.37           I            40YR BALLOON
JOHNSTOWN                         Yes               3Y PP                  39.8                52.4           I            40YR BALLOON
CAPE CORAL                        Yes               2Y PP                    43                  46           I            LIBOR 2/1 ARM IO
COMMERCE CITY                     Yes               2Y PP                 41.45               44.32           I            LIBOR 2/6 ARM IO
YORBA LINDA                       Yes               3Y PP                 23.09                35.4           I            FIXED
LAKEVILLE                         Yes               1Y PP                  34.5                48.9           I            LIBOR 5/1 ARM
WESTMINSTER                        No               No PP                 48.79               49.83           I            LIBOR 2/6 ARM IO
NORFOLK                           Yes               2Y PP                 30.01               31.81           I            LIBOR 2/6 ARM
CHANNAHON                          No               No PP                 37.74                  39           I            LIBOR 3/6 ARM IO
RED LION                          Yes               3Y PP                 31.86               44.62           II           FIXED
MINNEAPOLIS                        No               No PP                 34.52               48.72           II           BALLOON
DETROIT                            No               No PP                  31.2                44.4           I            BALLOON
URBANA                             No               No PP                 49.97               49.97           I            LIBOR 5/1 ARM
ALEDO                              No               No PP                 26.33               35.27           II           BALLOON
DETROIT                           Yes               3Y PP                  34.1                  41           II           40YR BALLOON
HAMMOND                           Yes               3Y PP                 28.32               37.54           II           BALLOON
ADRIAN                             No               No PP                 20.03               45.24           I            BALLOON
OAK FOREST                         No               No PP                  38.9                48.9           I            LIBOR 2/6 ARM
FORT BRANCH                       Yes               3Y PP                  28.3               38.17           II           FIXED
HOPKINSVILLE                      Yes               3Y PP                 24.31               35.58           I            LIBOR 2/6 ARM
CHICAGO                            No               No PP                  36.8                46.9           I            LIBOR 2/6 ARM
DOLTON                             No               No PP                 43.95               43.95           II           FIXED
HENDERSON                         Yes               3Y PP                 16.59               48.65           II           FIXED
RIVERSIDE                         Yes               2Y PP                  5.04               13.75           I            LIBOR 2/6 ARM IO
PACOIMA                           Yes               2Y PP                 37.43                38.2           I            LIBOR 2/6 ARM IO
FONTANA                           Yes               3Y PP                 30.67                41.4           I            LIBOR 5/1 ARM IO
BANNING                           Yes               2Y PP                 25.16               49.46           I            LIBOR 2/6 ARM IO
BANNING                           Yes               2Y PP                 25.16               49.46           I            BALLOON
ADELANTO                          Yes               3Y PP                 38.67               48.65           I            LIBOR 5/1 ARM IO
ANAHEIM                           Yes               3Y PP                 37.56               44.42           I            LIBOR 5/1 ARM IO
CORONA                            Yes               3Y PP                 39.48               42.41           I            LIBOR 5/1 ARM IO
COMPTON                           Yes               2Y PP                 37.49               45.67           I            LIBOR 2/6 ARM IO
HELENDALE AREA                    Yes               3Y PP                 25.47                  37           I            LIBOR 5/1 ARM IO
HESPERIA                           No               No PP                  38.9               40.87           I            LIBOR 2/6 ARM IO
ANAHEIM                           Yes               3Y PP                  27.4                  40           I            LIBOR 5/1 ARM IO
(SAUGUS AREA) L                   Yes               3Y PP                  41.6                43.4           I            FIXED IO
ANAHEIM                           Yes               2Y PP                 45.67               48.66           I            LIBOR 2/6 ARM
ELMWOOD                            No               No PP                 25.11               36.22           I            LIBOR 5/1 ARM IO
PERRIS                            Yes               2Y PP                 47.26                47.9           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               3Y PP                 47.91               47.91           I            LIBOR 5/1 ARM IO
RIALTO                            Yes               3Y PP                 36.46               48.57           I            LIBOR 5/1 ARM IO
ORANGE (CITY)                     Yes               2Y PP                    46                  46           I            LIBOR 2/6 ARM IO
SANTA ANA                         Yes               2Y PP                 49.28               49.68           I            LIBOR 2/6 ARM IO
ORANGE                            Yes               2Y PP                 36.32               45.07           I            LIBOR 2/6 ARM IO
AURORA                            Yes               3Y PP                 26.21               42.88           I            TREAS. 5/1 ARM
FONTANA AREA                      Yes               2Y PP                  42.4                46.9           I            LIBOR 2/6 ARM IO
WINNETKA AREA                     Yes               2Y PP                 36.34               36.34           I            LIBOR 2/6 ARM IO
BELLFLOWER                        Yes               3Y PP                 45.38                49.3           I            LIBOR 3/6 ARM IO
POMONA                             No               No PP                 36.91               37.39           I            LIBOR 2/6 ARM IO
MURRIETA                          Yes               2Y PP                 18.46               18.83           I            LIBOR 2/6 ARM IO
LAKE FOREST                       Yes               3Y PP                    46                46.3           I            40YR BALLOON
WEST COVINA                       Yes               2Y PP                 49.58               49.96           I            LIBOR 2/6 ARM IO
FONTANA                           Yes               3Y PP                 35.67               48.39           I            LIBOR 2/6 ARM IO
PARAMOUNT                         Yes               2Y PP                 44.29               45.47           I            LIBOR 2/6 ARM IO
ANTIOCH                           Yes               3Y PP                 38.16               45.09           I            FIXED
SANTA ANA                         Yes               3Y PP                 43.24               44.46           I            LIBOR 5/1 ARM IO
WESTMINSTER                       Yes               2Y PP                  34.5                37.4           I            LIBOR 2/6 ARM
SUISUN CITY                       Yes               2Y PP                 29.95               49.57           II           40YR BALLOON
FONTANA                           Yes               3Y PP                 22.15               33.74           I            FIXED
HEMET                             Yes               3Y PP                  12.9                52.9           I            LIBOR 5/1 ARM IO
LINDEN                            Yes               3Y PP                  50.3                52.1           II           FIXED
LOS ANGELES                       Yes               2Y PP                 36.31               38.28           I            LIBOR 2/6 ARM IO
LADERA RANCH AR                   Yes               3Y PP                  32.5               47.35           I            LIBOR 5/1 ARM IO
RIVERSIDE                         Yes               2Y PP                 45.86               45.86           I            LIBOR 2/6 ARM IO
ANAHEIM                           Yes               2Y PP                  42.4               42.71           I            LIBOR 2/6 ARM IO
MORENO VALLEY                     Yes               2Y PP                  31.6                33.7           I            LIBOR 2/6 ARM IO
MORENO VALLEY                     Yes               3Y PP                  42.4                  53           I            LIBOR 5/1 ARM IO
OAKLAND                           Yes               2Y PP                 25.16               43.31           I            BALLOON
ORANGE                            Yes               2Y PP                 43.52               47.01           I            LIBOR 2/6 ARM IO
HIGHLAND AREA                     Yes               2Y PP                 34.65               40.76           I            LIBOR 2/6 ARM IO
SANTA ANA                         Yes               2Y PP                 38.35               48.46           I            LIBOR 2/6 ARM IO
BAKERSFIELD                       Yes               3Y PP                 30.14               46.28           I            LIBOR 5/1 ARM IO
GRAND TERRACE                     Yes               2Y PP                 29.72               33.81           I            LIBOR 2/6 ARM
SANTA ANA                         Yes               2Y PP                 38.12               44.43           I            LIBOR 2/6 ARM IO
RIALTO                            Yes               3Y PP                 43.62               49.69           I            LIBOR 5/1 ARM IO
SAN BERNARDINO                    Yes               2Y PP                 44.27               44.27           I            LIBOR 2/6 ARM IO
GARDEN GROVE                      Yes               3Y PP                 32.36               48.38           II           40YR BALLOON
GARDENA                           Yes               3Y PP                  40.7                53.5           II           FIXED
SANTA ANA                         Yes               3Y PP                  36.3                39.4           I            FIXED
SANTA ANA                         Yes               2Y PP                 36.63                42.2           I            LIBOR 2/6 ARM IO
LOS ANGELES                       Yes               3Y PP                 35.02               48.17           II           FIXED
NORWALK                           Yes               2Y PP                 49.69               49.69           I            LIBOR 2/6 ARM IO
BEAUMONT                          Yes               2Y PP                 48.53               49.04           I            LIBOR 2/6 ARM IO
SOUTH GATE                        Yes               3Y PP                  35.6                44.9           I            40YR BALLOON
SANTA ANA                         Yes               2Y PP                  41.6                41.6           I            LIBOR 2/6 ARM
SANTA ANA                         Yes               2Y PP                 37.92               49.54           I            LIBOR 2/6 ARM IO
RIALTO                            Yes               3Y PP                 39.93               40.09           I            LIBOR 5/1 ARM IO
RIVERSIDE                         Yes               1Y PP                 39.41               41.52           I            LIBOR 2/6 ARM IO
PERRIS                            Yes               3Y PP                  38.5                43.2           I            FIXED IO
ANAHEIM                           Yes               3Y PP                  33.6               47.76           I            LIBOR 5/1 ARM IO
SANTA CLARITA                      No               No PP                 44.36               48.49           I            LIBOR 2/6 ARM IO
SAN FERNANDO                      Yes               2Y PP                 45.77               45.77           I            LIBOR 2/6 ARM IO
ANAHEIM                           Yes               2Y PP                 43.97               43.97           I            LIBOR 2/6 ARM IO
SARATOGA SPRING                   Yes               1Y PP                 22.46               40.21           I            LIBOR 2/6 ARM IO
CHICAGO                            No               No PP                 31.43               48.71           I            LIBOR 2/6 ARM IO
HOUSTON                            No               No PP                  33.8                41.8           II           BALLOON
SAN ANTONIO                        No               No PP                 15.68               48.34           I            BALLOON
HOUSTON                            No               No PP                 37.74               48.18           I            BALLOON
CROSBY                             No               No PP                 35.74               41.16           I            BALLOON
HOUSTON                            No               No PP                 42.66               46.91           I            BALLOON
HUTTO                              No               No PP                  22.9                37.2           I            BALLOON
HI HAT                            Yes               2Y PP                 21.87               34.36           I            LIBOR 2/6 ARM
WYLIE                              No               No PP                 32.15               40.49           I            LIBOR 2/6 ARM
MURFREESBORO                      Yes               2Y PP                 40.75               42.84           I            LIBOR 2/6 ARM
BLUE RIDGE                         No               No PP                 12.76               47.24           II           FIXED
LARGO                              No               No PP                  31.1                40.9           II           BALLOON
KINGMAN                            No               No PP                 11.73               27.97           I            LIBOR 2/6 ARM
WAMEGO                             No               No PP                 14.11               17.92           I            BALLOON
KANSAS CITY                       Yes               2Y PP                  17.8                  27           I            LIBOR 2/6 ARM
LEES SUMMIT                       Yes               2Y PP                 20.37               34.77           I            LIBOR 2/6 ARM IO
HESPERIA                           No               No PP                  18.6                41.1           I            LIBOR 2/6 ARM IO
TOWNSEND                          Yes               2Y PP                 42.06               42.06           I            LIBOR 2/6 ARM
YUBA CITY                         Yes               2Y PP                  36.6                49.3           I            BALLOON

CITY1                              HYBRID_PERIOD             IO_FLAG       IO_PERIOD                  REM_IO_TERM          INDEX
-------------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                                                      NO         NON-IO                           -1          FIXED-BALLOON
BIG BEAR CITY                                                   NO         NON-IO                           -2          FIXED-BALLOON
JAMUL                                   60                     YES         5 YEARS                          59          WSJ-1YRLIBOR
JAMUL                                                           NO         NON-IO                           -1          FIXED-BALLOON
HENDERSON                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
BALDWIN PARK                            24                      NO         NON-IO                           -1          WSJ-6MLIBOR
BONIFAY                                                         NO         NON-IO                           -1          FIXED
AVENUE BLOOMING                         24                     YES         5 YEARS                          58          WSJ-6MLIBOR
AVENUE BLOOMING                                                 NO         NON-IO                           -2          FIXED-BALLOON
STANTON                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
RIVERSIDE AREA                                                  NO         NON-IO                           -2          FIXED
APPLE VALLEY                                                    NO         NON-IO                           -1          FIXED-BALLOON
CANYON COUNTRY                                                  NO         NON-IO                           -1          FIXED
LAKE ELSINORE                           24                     YES         5 YEARS                          59          WSJ-6MLIBOR
LAKE ELSINORE                                                   NO         NON-IO                           -1          FIXED-BALLOON
LOMITA                                                          NO         NON-IO                           -1          FIXED
LOS ANGELES                             24                     YES         5 YEARS                          59          WSJ-6MLIBOR
RAWLINS                                                         NO         NON-IO                           -2          FIXED-BALLOON
AURORA                                  36                     YES         5 YEARS                          58          WSJ-6MLIBOR
CHULA VISTA                                                    YES         5 YEARS                          58          FIXED
SOUTH PLAINFIEL                                                 NO         NON-IO                           -1          FIXED
OAKLEY                                                         YES         5 YEARS                          58          FIXED
SAN DIEGO                                                      YES         5 YEARS                          59          FIXED
SAN DIEGO                                                       NO         NON-IO                           -1          FIXED-BALLOON
SAN MARCOS                              60                     YES         5 YEARS                          59          1YR TRSRY-CMT
SAN MARCOS                                                      NO         NON-IO                           -1          FIXED-BALLOON
TEMECULA                                                       YES         5 YEARS                          59          FIXED
TEMECULA                                                        NO         NON-IO                           -1          FIXED-BALLOON
SAN DIEGO                                                       NO         NON-IO                           -1          FIXED-BALLOON
HIGLEY                                                          NO         NON-IO                           -1          FIXED
BIG BEAR CITY                                                  YES         5 YEARS                          58          FIXED
SALINAS                                                        YES         5 YEARS                          59          FIXED
SALINAS                                                         NO         NON-IO                           -1          FIXED-BALLOON
MURRIETA                                                       YES         5 YEARS                          59          FIXED
MENIFEE                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
ALTON                                   60                     YES         5 YEARS                          59          WSJ-1YRLIBOR
CLIFTON                                 60                      NO         NON-IO                           -1          WSJ-1YRLIBOR
EL SOBRANTE                                                     NO         NON-IO                           -1          FIXED-BALLOON
KELLER                                                          NO         NON-IO                           -3          FIXED
LANCASTER                                                       NO         NON-IO                           -3          FIXED-BALLOON
PALMDALE                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
EVERETT                                 24                      NO         NON-IO                           -6          WSJ-6MLIBOR
RESEDA                                  60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
SCOTTSDALE                              24                     YES         5 YEARS                          58          WSJ-6MLIBOR
EL SOBRANTE                             24                     YES         5 YEARS                          59          WSJ-6MLIBOR
EAST ORANGE                                                     NO         NON-IO                           -3          FIXED
FRISCO                                                          NO         NON-IO                           -3          FIXED
COSTA MESA                              24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PUYALLUP                                                        NO         NON-IO                           -4          FIXED-BALLOON
COLLIERVILLE                                                    NO         NON-IO                           -2          FIXED
FORT WORTH                                                      NO         NON-IO                           -2          FIXED
SAINT LOUIS                                                     NO         NON-IO                           -4          FIXED
SEATTLE                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SEATTLE                                                         NO         NON-IO                           -2          FIXED-BALLOON
KANSAS CITY                                                     NO         NON-IO                           -3          FIXED
LOVES PARK                                                      NO         NON-IO                           -3          FIXED-BALLOON
COEUR D ALENE                                                  YES         5 YEARS                          58          FIXED
SEATAC                                                         YES         5 YEARS                          58          FIXED
LOS ANGELES                                                     NO         NON-IO                           -2          FIXED-BALLOON
LOS ANGELES                                                     NO         NON-IO                           -2          FIXED
BATESVILLE                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
DELRAY BEACH                            24                     YES         5 YEARS                          57          WSJ-6MLIBOR
CITY OF UPLAND                          60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
SAINT LOUIS                                                     NO         NON-IO                           -6          FIXED-BALLOON
FORT SMITH                                                      NO         NON-IO                           -3          FIXED
LOS ANGELES                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
FONTANA                                                        YES         5 YEARS                          57          FIXED
LAMAR                                                           NO         NON-IO                           -3          FIXED
OXON HILL                                                      YES         5 YEARS                          58          FIXED
FAIRHAVEN                                                       NO         NON-IO                           -3          FIXED-BALLOON
HYANNIS                                                        YES         5 YEARS                          57          FIXED
FORT WORTH                                                      NO         NON-IO                           -2          FIXED
HUNTINGTON PARK                                                 NO         NON-IO                           -3          FIXED-BALLOON
CAPE GIRARDEAU                          24                      NO         NON-IO                           -2          WSJ-6MLIBOR
WYOMING                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
BALTIMORE                                                       NO         NON-IO                           -3          FIXED
BURBANK                                                         NO         NON-IO                           -3          FIXED-BALLOON
SPOKANE                                                         NO         NON-IO                           -2          FIXED-BALLOON
CLOVIS                                                          NO         NON-IO                           -3          FIXED-BALLOON
SPRING VALLEY                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
MURRIETA                                                        NO         NON-IO                           -1          FIXED-BALLOON
FLOSSMOOR                                                       NO         NON-IO                           -2          FIXED
BELVIDERE                                                       NO         NON-IO                           -3          FIXED
PFLUGERVILLE                                                    NO         NON-IO                           -3          FIXED-BALLOON
GALENA PARK                                                     NO         NON-IO                           -2          FIXED-BALLOON
COLUMBIA                                                        NO         NON-IO                           -3          FIXED
CHICAGO                                                         NO         NON-IO                           -3          FIXED-BALLOON
WEST LINN                                                       NO         NON-IO                           -3          FIXED
TOMBALL                                                         NO         NON-IO                           -3          FIXED-BALLOON
WEST VALLEY CIT                                                 NO         NON-IO                           -3          FIXED-BALLOON
HOUSTON                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
LONG BEACH                                                      NO         NON-IO                           -3          FIXED
KISSIMMEE                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
KATY                                    24                      NO         NON-IO                           -2          WSJ-6MLIBOR
TAMPA                                                           NO         NON-IO                           -3          FIXED
YOUNGSTOWN                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
PALO                                    60                      NO         NON-IO                           -3          WSJ-1YRLIBOR
LYNN                                                            NO         NON-IO                           -2          FIXED
TURRELL                                                         NO         NON-IO                           -2          FIXED
PEMBROKE PINES                                                 YES         5 YEARS                          58          FIXED
LITTLETON                                                       NO         NON-IO                           -3          FIXED-BALLOON
FORT VALLEY                             24                     YES         5 YEARS                          55          WSJ-6MLIBOR
SAN BERNARDINO                                                  NO         NON-IO                           -3          FIXED-BALLOON
PHENIX                                  24                      NO         NON-IO                           -5          WSJ-6MLIBOR
OAK PARK                                                        NO         NON-IO                           -3          FIXED-BALLOON
KANSAS CITY                                                     NO         NON-IO                           -2          FIXED
LONG BEACH                                                     YES         5 YEARS                          57          FIXED
WICHITA                                                         NO         NON-IO                           -3          FIXED
CORONA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PUTNAM CT 06260                                                 NO         NON-IO                           -2          FIXED
WHITTIER AREA                                                   NO         NON-IO                           -2          FIXED
QUARTZ HILL ARE                                                 NO         NON-IO                           -3          FIXED-BALLOON
KANSAS CITY                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SAN JUAN                                                        NO         NON-IO                           -2          FIXED
NEWTON                                                          NO         NON-IO                           -3          FIXED
MAQUOKETA                                                       NO         NON-IO                           -2          FIXED
PRAIRIE CITY                                                    NO         NON-IO                           -4          FIXED
KANSAS CITY                                                     NO         NON-IO                           -3          FIXED-BALLOON
EAGLE MOUNTAIN                                                  NO         NON-IO                           -3          FIXED-BALLOON
YORBA LINDA                                                     NO         NON-IO                           -3          FIXED-BALLOON
INGLEWOOD                               24                     YES         5 YEARS                          57          WSJ-6MLIBOR
MINDEN                                                          NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -4          FIXED
IOLA                                                            NO         NON-IO                           -4          FIXED
KANSAS CITY                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SAINT LOUIS                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
HOUSTON                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
CHICAGO                                                         NO         NON-IO                           -3          FIXED
FORT WORTH                                                      NO         NON-IO                           -3          FIXED
FLORISSANT                                                     YES         5 YEARS                          57          FIXED
KANSAS CITY                                                     NO         NON-IO                           -3          FIXED
ISSAQUAH                                                       YES         5 YEARS                          58          FIXED
FRESNO                                                          NO         NON-IO                           -3          FIXED-BALLOON
REDMOND                                 24                     YES         5 YEARS                          56          WSJ-6MLIBOR
CHICAGO                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
COSTA MESA                                                      NO         NON-IO                           -3          FIXED-BALLOON
TEMPE                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CARROLLTON                                                      NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED
UNIC AREA OF LA                                                 NO         NON-IO                           -1          FIXED-BALLOON
KANSAS CITY                                                     NO         NON-IO                           -2          FIXED
SAINT LOUIS                                                     NO         NON-IO                           -2          FIXED
OMAHA                                   24                      NO         NON-IO                           -1          WSJ-6MLIBOR
DAVENPORT                                                       NO         NON-IO                           -1          FIXED
DAVENPORT                                                       NO         NON-IO                           -1          FIXED-BALLOON
LEAVENWORTH                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SPANAWAY                                                        NO         NON-IO                           -2          FIXED-BALLOON
PORT ORCHARD                                                    NO         NON-IO                           -1          FIXED
POST FALLS                              24                     YES         5 YEARS                          59          WSJ-6MLIBOR
POST FALLS                                                      NO         NON-IO                           -1          FIXED-BALLOON
IONA                                    24                      NO         NON-IO                           -1          WSJ-6MLIBOR
POULSBO                                                        YES         5 YEARS                          58          FIXED
BELLINGHAM                              24                     YES         5 YEARS                          59          WSJ-6MLIBOR
SPANAWAY                                60                     YES         5 YEARS                          59          WSJ-1YRLIBOR
GERVAIS                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
HARRISBURG                                                     YES         5 YEARS                          59          FIXED
HARRISBURG                                                      NO         NON-IO                           -1          FIXED-BALLOON
TACOMA                                  24                     YES         5 YEARS                          59          WSJ-6MLIBOR
VANCOUVER                                                      YES         5 YEARS                          58          FIXED
NORTH LAS VEGAS                                                 NO         NON-IO                           -1          FIXED
NORTH LAS VEGAS                                                 NO         NON-IO                           -1          FIXED-BALLOON
BURLINGTON                                                      NO         NON-IO                           -1          FIXED
PORT ORCHARD                            24                      NO         NON-IO                           -1          WSJ-6MLIBOR
ONTARIO                                                         NO         NON-IO                           -1          FIXED-BALLOON
APPLE VALLEY                            60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
120-120 1/2 41S                         24                     YES         5 YEARS                          59          WSJ-6MLIBOR
NORWALK                                 60                     YES         5 YEARS                          59          WSJ-1YRLIBOR
NORWALK                                                         NO         NON-IO                           -1          FIXED-BALLOON
CARSON                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
120-120 1/2 41S                                                 NO         NON-IO                           -1          FIXED-BALLOON
LONG BEACH                                                      NO         NON-IO                           -2          FIXED
WINNETKA                                24                     YES         5 YEARS                          59          WSJ-6MLIBOR
WINNETKA                                                        NO         NON-IO                           -1          FIXED-BALLOON
RIVERSIDE                                                       NO         NON-IO                           -1          FIXED-BALLOON
AREA OF LOS ANG                         60                     YES         5 YEARS                          59          WSJ-1YRLIBOR
LONG BEACH                                                     YES         5 YEARS                          59          FIXED
REDONDO BEACH                           60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
SURPRISE                                                        NO         NON-IO                           -2          FIXED-BALLOON
RANCHO CUCAMONG                         24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ORANGE                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ORANGE                                                          NO         NON-IO                           -2          FIXED-BALLOON
FONTANA                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
(STUDIO CITY AR                         24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PALMDALE                                60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
HEMET                                   60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
LOS ANGELES                                                    YES         5 YEARS                          58          FIXED
LOS ANGELES                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LOS ANGELES                                                     NO         NON-IO                           -2          FIXED-BALLOON
SAN BERNARDINO                          24                     YES         5 YEARS                          58          WSJ-6MLIBOR
FONTANA                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LOS ANGELES                             60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
LONG BEACH                                                      NO         NON-IO                           -2          FIXED-BALLOON
(LA PUENTE AREA                         24                     YES         5 YEARS                          58          WSJ-6MLIBOR
VAN NUYS AREA L                                                YES         5 YEARS                          58          FIXED
SAN DIMAS                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
OXNARD                                                          NO         NON-IO                           -2          FIXED
AREA OF HEMET                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
HESPERIA                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
STOCKTON                                60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
LAKEWOOD                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
FONTANA                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LAWNDALE                                                       YES         5 YEARS                          58          FIXED
CANOGA PARK ARE                         24                     YES         5 YEARS                          58          WSJ-6MLIBOR
FALLBROOK                               60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
LAS VEGAS                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LOS ANGELES                             60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
COMPTON                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
BALDWIN PARK                            24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CYPRESS                                 60                     YES         5 YEARS                          58          WSJ-6MLIBOR
COMPTON                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LOS ANGELES                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LOS ANGELES                             60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
LONG BEACH                              60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
LONG BEACH                                                      NO         NON-IO                           -2          FIXED-BALLOON
SANTA ANA                                                       NO         NON-IO                           -2          FIXED
LOS ANGELES                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SAN DIEGO                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
AREA OF SYLMAR                          24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CHINO                                   24                     YES         5 YEARS                          58          WSJ-6MLIBOR
AREA OF BLOOMIN                                                YES         5 YEARS                          58          FIXED
LOS ANGELES                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
(COMPTON AREA)                          60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
PROVO                                   24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ADELANTO                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
KENNEWICK                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PORTLAND                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
COEUR D ALENE                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
EATONVILLE                              24                     YES         5 YEARS                          58          WSJ-6MLIBOR
FEDERAL WAY                                                     NO         NON-IO                           -2          FIXED
PORTLAND                                                        NO         NON-IO                           -3          FIXED-BALLOON
RENTON                                  60                     YES         5 YEARS                          57          1YR TRSRY-CMT
SPANAWAY                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SPANAWAY                                                        NO         NON-IO                           -2          FIXED-BALLOON
SEATTLE                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SUMNER                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LAKE FOREST                             36                     YES         5 YEARS                          58          WSJ-6MLIBOR
MARYSVILLE                              24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ASHFORD                                                         NO         NON-IO                           -2          FIXED-BALLOON
RATHDRUM                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ABERDEEN                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
MILWAUKIE                                                      YES         5 YEARS                          58          FIXED
REDMOND                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
TACOMA                                  60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
PUYALLUP                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PUYALLUP                                60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
KENNEWICK                                                       NO         NON-IO                           -2          FIXED-BALLOON
PORTLAND                                36                     YES         5 YEARS                          58          WSJ-6MLIBOR
MULWAUKIE                                                      YES         5 YEARS                          58          FIXED
MALAGA                                                          NO         NON-IO                           -2          FIXED
PORT ORCHARD                                                    NO         NON-IO                           -2          FIXED-BALLOON
BUCKLEY                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
BONNEY LAKE                                                    YES         5 YEARS                          58          FIXED
NAMPA                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
TACOMA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
TACOMA                                                          NO         NON-IO                           -2          FIXED-BALLOON
LAKEWOOD                                                        NO         NON-IO                           -2          FIXED
OLYMPIA                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
COEUR D ALENE                                                   NO         NON-IO                           -2          FIXED-BALLOON
TACOMA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SPOKANE                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SEATTLE                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ABERDEEN                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
COVINGTON                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
TACOMA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
EUGENE                                  60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
TACOMA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PHOENIX                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SUMNER                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
EUGENE                                                          NO         NON-IO                           -2          FIXED
SEATTLE                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
WOODINVILLE                                                     NO         NON-IO                           -2          FIXED
TACOMA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SHELTON                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
EVERETT                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PASADENA                                                        NO         NON-IO                           -3          FIXED-BALLOON
SIMI VALLEY                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
VICTORVILLE                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
PALMDALE                                24                     YES         5 YEARS                          57          WSJ-6MLIBOR
LOS ANGELES                                                     NO         NON-IO                           -3          FIXED-BALLOON
SAN DIEGO                                                       NO         NON-IO                           -3          FIXED
BUENA PARK                              24                     YES         5 YEARS                          58          WSJ-6MLIBOR
TRABUCO CANYON                          24                     YES         5 YEARS                          57          WSJ-6MLIBOR
CHATSWORTH                              24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CORONA                                                          NO         NON-IO                           -3          FIXED-BALLOON
BELLFLOWER                                                      NO         NON-IO                           -3          FIXED
LOS ANGELES                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
HAWTHORNE                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
IRVINE                                                          NO         NON-IO                           -3          FIXED
SANTA PAULA                                                    YES         5 YEARS                          58          FIXED
LAKEWOOD                                                        NO         NON-IO                           -2          FIXED-BALLOON
ALHAMBRA                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SACRAMENTO                                                      NO         NON-IO                           -2          FIXED-BALLOON
LOS ANGELES                             60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
SAN BERNARDINO                          24                     YES         5 YEARS                          58          WSJ-6MLIBOR
STOCKTON                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LONG BEACH                              60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
KLAMATH FALLS                           24                      NO         NON-IO                           -3          WSJ-6MLIBOR
BELLINGHAM                                                      NO         NON-IO                           -3          FIXED-BALLOON
PORTLAND                                                        NO         NON-IO                           -3          FIXED-BALLOON
PUYALLUP                                24                     YES         5 YEARS                          57          WSJ-6MLIBOR
TACOMA                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
WASILLA                                                         NO         NON-IO                           -3          FIXED-BALLOON
SPOKANE                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
WENDELL                                                         NO         NON-IO                           -2          FIXED
PAYETTE                                                         NO         NON-IO                           -2          FIXED-BALLOON
TACOMA                                                         YES         5 YEARS                          57          FIXED
SUQUAMISH                                                       NO         NON-IO                           -2          FIXED
PORTLAND                                                       YES         5 YEARS                          58          FIXED
TACOMA                                                          NO         NON-IO                           -3          FIXED-BALLOON
PUYALLUP                                                        NO         NON-IO                           -3          FIXED-BALLOON
UNIVERSITY PLAC                                                YES         5 YEARS                          57          FIXED
COVINGTON                                                       NO         NON-IO                           -3          FIXED-BALLOON
TWIN FALLS                                                      NO         NON-IO                           -3          FIXED-BALLOON
GIG HARBOR                              24                     YES         5 YEARS                          57          WSJ-6MLIBOR
SHELTON                                                        YES         5 YEARS                          57          FIXED
PORTLAND                                24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SPRINGFIELD                                                     NO         NON-IO                           -3          FIXED-BALLOON
SEDRO WOOLLEY                                                   NO         NON-IO                           -3          FIXED-BALLOON
REPUBLIC                                                        NO         NON-IO                           -3          FIXED
ABERDEEN                                24                      NO         NON-IO                           -3          WSJ-6MLIBOR
OTHELLO                                                         NO         NON-IO                           -3          FIXED
BOTHELL                                                         NO         NON-IO                           -3          FIXED-BALLOON
SPOKANE                                                         NO         NON-IO                           -3          FIXED
SPOKANE                                                         NO         NON-IO                           -3          FIXED-BALLOON
VALHALLA                                                        NO         NON-IO                           -2          FIXED
MONCKS CORNER                                                   NO         NON-IO                           -1          FIXED
BANGOR                                                          NO         NON-IO                           -2          FIXED
TRENTON                                 24                      NO         NON-IO                           -1          WSJ-6MLIBOR
LANHAM                                                          NO         NON-IO                           -1          FIXED
LOWELL                                                         YES         5 YEARS                          59          FIXED
LOWELL                                                          NO         NON-IO                           -1          FIXED-BALLOON
CALUMET CITY                            60                      NO         NON-IO                           -1          WSJ-1YRLIBOR
CALUMET CITY                                                    NO         NON-IO                           -1          FIXED-BALLOON
TOWER CITY                                                      NO         NON-IO                           -2          FIXED
MARKHAM                                                         NO         NON-IO                           -2          FIXED
SAINT CLAIR SHO                         24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ATLANTA                                                         NO         NON-IO                           -2          FIXED
MONTICELLO                                                      NO         NON-IO                           -2          FIXED-BALLOON
NORRIDGE                                60                      NO         NON-IO                           -1          WSJ-1YRLIBOR
BROOKLYN PARK                                                   NO         NON-IO                           -2          FIXED
DETROIT                                 24                      NO         NON-IO                           -1          WSJ-6MLIBOR
DETROIT                                                         NO         NON-IO                           -1          FIXED-BALLOON
CANTON                                                          NO         NON-IO                           -2          FIXED-BALLOON
BOYNTON BEACH                                                   NO         NON-IO                           -2          FIXED-BALLOON
CHICAGO                                                         NO         NON-IO                           -1          FIXED
DECATUR                                                         NO         NON-IO                           -2          FIXED-BALLOON
GARY                                                            NO         NON-IO                           -1          FIXED-BALLOON
GARY                                                            NO         NON-IO                           -1          FIXED-BALLOON
HAMPTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
ADDISON                                                         NO         NON-IO                           -1          FIXED
PALATINE                                24                      NO         NON-IO                           -1          WSJ-6MLIBOR
ROBBINSDALE                                                     NO         NON-IO                           -1          FIXED-BALLOON
LITTLE FALLS                                                    NO         NON-IO                           -2          FIXED-BALLOON
PRINCETON                                                       NO         NON-IO                           -1          FIXED-BALLOON
BROOKLYN PARK                           36                     YES         5 YEARS                          59          WSJ-6MLIBOR
BROOKLYN PARK                                                   NO         NON-IO                           -1          FIXED-BALLOON
LAND O LAKES                                                    NO         NON-IO                           -1          FIXED
CHASKA                                                          NO         NON-IO                           -1          FIXED
SAINT PAUL                                                     YES         5 YEARS                          59          FIXED
HANOVER PARK                            60                      NO         NON-IO                           -1          WSJ-1YRLIBOR
BUCKEYE                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
KINGMAN                                 24                      NO         NON-IO                           -1          WSJ-6MLIBOR
LAS VEGAS                               24                     YES         5 YEARS                          59          WSJ-6MLIBOR
PHOENIX                                 24                     YES         5 YEARS                          59          WSJ-6MLIBOR
KANSAS CITY                                                     NO         NON-IO                           -4          FIXED
KANSAS CITY                                                     NO         NON-IO                           -4          FIXED-BALLOON
DETROIT                                                         NO         NON-IO                           -1          FIXED-BALLOON
CHADWICK                                                        NO         NON-IO                           -2          FIXED-BALLOON
RICHMOND                                                        NO         NON-IO                           -2          FIXED
NEW BEDFORD                                                     NO         NON-IO                           -1          FIXED
RICHMOND                                                        NO         NON-IO                           -2          FIXED
COLUMBIA                                36                      NO         NON-IO                           -2          WSJ-6MLIBOR
BANGOR                                                          NO         NON-IO                           -1          FIXED
NASHUA                                                          NO         NON-IO                           -2          FIXED
CHARLOTTE                                                       NO         NON-IO                           -1          FIXED
DETROIT                                                         NO         NON-IO                           -1          FIXED
CROWLEY                                                         NO         NON-IO                           -2          FIXED
MIAMI                                                           NO         NON-IO                           -2          FIXED
RIDGELAND                                                       NO         NON-IO                           -2          FIXED
RAILROAD FLAT                                                  YES         5 YEARS                          59          FIXED
LANCASTER                                                       NO         NON-IO                           -2          FIXED-BALLOON
RIDGELAND                                                       NO         NON-IO                           -2          FIXED-BALLOON
HALSTEAD                                36                      NO         NON-IO                           -1          WSJ-6MLIBOR
GILBERT                                                        YES         5 YEARS                          59          FIXED
GILBERT                                                         NO         NON-IO                           -1          FIXED-BALLOON
DETROIT                                                         NO         NON-IO                           -1          FIXED-BALLOON
BRYAN                                                           NO         NON-IO                           -2          FIXED
LITTLE RIVER AC                                                 NO         NON-IO                           -2          FIXED
SAN ANTONIO                                                     NO         NON-IO                           -1          FIXED
LAREDO                                                          NO         NON-IO                           -2          FIXED
LAREDO                                                          NO         NON-IO                           -2          FIXED-BALLOON
HOUSTON                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
KINGWOOD                                                        NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED
BAYTOWN                                                         NO         NON-IO                           -2          FIXED
LA PORTE                                                        NO         NON-IO                           -2          FIXED
BAYTOWN                                                         NO         NON-IO                           -2          FIXED-BALLOON
BACLIFF                                                         NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -1          FIXED-BALLOON
AUSTIN                                                          NO         NON-IO                           -1          FIXED
DEER PARK                                                       NO         NON-IO                           -2          FIXED
FORT WORTH                                                      NO         NON-IO                           -2          FIXED
FORT WORTH                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
COLUMBIA                                                        NO         NON-IO                           -2          FIXED
JENKS                                                           NO         NON-IO                           -2          FIXED
MONCKS CORNER                                                   NO         NON-IO                           -2          FIXED
EL PASO                                                         NO         NON-IO                           -2          FIXED
SAN ANTONIO                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CARROLLTON                                                      NO         NON-IO                           -2          FIXED
CARROLLTON                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
GARLAND                                                         NO         NON-IO                           -2          FIXED
EL PASO                                                         NO         NON-IO                           -2          FIXED
BOLIVAR                                                         NO         NON-IO                           -2          FIXED
ARLINGTON                                                       NO         NON-IO                           -2          FIXED-BALLOON
DALLAS                                  24                      NO         NON-IO                           -1          WSJ-6MLIBOR
MEMPHIS                                                         NO         NON-IO                           -2          FIXED-BALLOON
HITCHCOCK                                                       NO         NON-IO                           -2          FIXED
DESOTO                                                          NO         NON-IO                           -2          FIXED
ATHENS                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BOWIE                                                           NO         NON-IO                           -2          FIXED
BEDFORD                                                         NO         NON-IO                           -2          FIXED
DENISON                                                         NO         NON-IO                           -1          FIXED
SAN MARCOS                              60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
CEDAR HILL                                                      NO         NON-IO                           -2          FIXED
GLENN HEIGHTS                                                   NO         NON-IO                           -2          FIXED
IRVING                                                          NO         NON-IO                           -2          FIXED
PRYOR                                                           NO         NON-IO                           -2          FIXED-BALLOON
ROWLETT                                                         NO         NON-IO                           -2          FIXED
BURLESON                                                        NO         NON-IO                           -2          FIXED
BOWIE                                                           NO         NON-IO                           -2          FIXED
BALCH SPRINGS                                                   NO         NON-IO                           -1          FIXED
BALCH SPRINGS                                                   NO         NON-IO                           -1          FIXED-BALLOON
MCKINNEY                                                        NO         NON-IO                           -2          FIXED
DALLAS                                                          NO         NON-IO                           -1          FIXED
WICHITA FALLS                                                   NO         NON-IO                           -1          FIXED
FORT WORTH                                                      NO         NON-IO                           -2          FIXED
GRAND PRAIRIE                                                   NO         NON-IO                           -2          FIXED
BOWIE                                   24                      NO         NON-IO                           -1          WSJ-6MLIBOR
GULFPORT                                                        NO         NON-IO                           -1          FIXED
MAYNARDVILLE                            60                      NO         NON-IO                           -1          WSJ-1YRLIBOR
VILONIA                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
EL PASO                                                         NO         NON-IO                           -2          FIXED
FORT WORTH                              24                      NO         NON-IO                           -4          WSJ-6MLIBOR
VICTORIA                                36                      NO         NON-IO                           -2          WSJ-6MLIBOR
LOWRY CROSSING                                                  NO         NON-IO                           -2          FIXED
HAYDEN                                                          NO         NON-IO                           -1          FIXED
TELEPHONE                                                       NO         NON-IO                           -2          FIXED
GRAND PRAIRIE                           24                      NO         NON-IO                           -2          WSJ-6MLIBOR
HOUSTON                                                         NO         NON-IO                           -1          FIXED
STANHOPE                                                        NO         NON-IO                           -1          FIXED
PORT NECHES                                                     NO         NON-IO                           -2          FIXED
RICHMOND                                                        NO         NON-IO                           -2          FIXED
DALLAS                                                          NO         NON-IO                           -2          FIXED
SAN ANTONIO                                                     NO         NON-IO                           -2          FIXED
WILLIS                                                          NO         NON-IO                           -2          FIXED
KYLE                                                            NO         NON-IO                           -2          FIXED
HUMBLE                                                          NO         NON-IO                           -2          FIXED
HUNTSVILLE                                                      NO         NON-IO                           -2          FIXED
WILLIS                                                          NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED
KATY                                                            NO         NON-IO                           -2          FIXED
HORIZON CITY                            24                      NO         NON-IO                           -2          WSJ-6MLIBOR
NEW BRAUNFELS                                                   NO         NON-IO                           -2          FIXED
PASADENA                                                        NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED
LEANDER                                                         NO         NON-IO                           -2          FIXED
S. OGDEN                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BILLINGS                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
TOOELE                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LEHI                                                            NO         NON-IO                           -2          FIXED
WEST VALLEY                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SAINT GEORGE                            24                      NO         NON-IO                           -2          WSJ-6MLIBOR
COLORADO SPRING                                                 NO         NON-IO                           -2          FIXED-BALLOON
WALDORF                                                         NO         NON-IO                           -2          FIXED-BALLOON
OWINGS MILLS                            24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CHICAGO                                 24                     YES         5 YEARS                          56          WSJ-6MLIBOR
CHICAGO                                                         NO         NON-IO                           -4          FIXED-BALLOON
GLENDALE HEIGHT                                                 NO         NON-IO                           -2          FIXED
LA MARQUE                               24                      NO         NON-IO                           -6          WSJ-6MLIBOR
LAKE JACKSON                                                    NO         NON-IO                           -6          FIXED-BALLOON
EL PASO                                                         NO         NON-IO                           -2          FIXED
SHOREACRES                                                      NO         NON-IO                           -2          FIXED
EDINBURG                                                        NO         NON-IO                           -2          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -2          FIXED
MONTGOMERY                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ANGLETON                                                        NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
MAGNOLIA                                                        NO         NON-IO                           -2          FIXED
LEADWOOD                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ST. LOUIS                                                       NO         NON-IO                           -2          FIXED
LINCOLN                                                         NO         NON-IO                           -2          FIXED
MILFORD                                                         NO         NON-IO                           -3          FIXED
SAINT LOUIS                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
JESUP                                                           NO         NON-IO                           -2          FIXED
LEAVENWORTH                                                     NO         NON-IO                           -3          FIXED-BALLOON
MASON CITY                                                      NO         NON-IO                           -3          FIXED
INDEPENDENCE                                                    NO         NON-IO                           -3          FIXED
KANSAS CITY                                                     NO         NON-IO                           -3          FIXED
ST. LOUIS                                                       NO         NON-IO                           -3          FIXED-BALLOON
BLAIR                                   24                      NO         NON-IO                           -3          WSJ-6MLIBOR
KANSAS CITY                                                     NO         NON-IO                           -3          FIXED
DES MOINES                                                     YES         5 YEARS                          57          FIXED
OMAHA                                                           NO         NON-IO                           -2          FIXED
RAYMORE                                                        YES         5 YEARS                          58          FIXED
SAINT LOUIS                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
FREEBURG                                                        NO         NON-IO                           -2          FIXED
COUNCIL BLUFFS                          24                      NO         NON-IO                           -3          WSJ-6MLIBOR
OLATHE                                                          NO         NON-IO                           -3          FIXED
ST. LOUIS                                                       NO         NON-IO                           -3          FIXED-BALLOON
CANTON                                  24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SIBLEY                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SAINT LOUIS                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
TIFFIN                                                          NO         NON-IO                           -2          FIXED
LEE'S SUMMIT                                                    NO         NON-IO                           -3          FIXED-BALLOON
KANSAS CITY                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
KANSAS CITY                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SAINT LOUIS                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
COUNCIL BLUFFS                          24                      NO         NON-IO                           -2          WSJ-6MLIBOR
KANSAS CITY                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SAINT LOUIS                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
KANSAS CITY                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ST. LOUIS                               36                      NO         NON-IO                           -2          WSJ-6MLIBOR
LEON                                    24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BELLEVUE                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
WICHITA                                                         NO         NON-IO                           -2          FIXED
KANSAS CITY                                                     NO         NON-IO                           -2          FIXED
KANSAS CITY                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
OMAHA                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
KANSAS CITY                                                     NO         NON-IO                           -2          FIXED
OVERLAND PARK                           24                      NO         NON-IO                           -2          WSJ-6MLIBOR
HUTCHINSON                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BATES CITY                                                      NO         NON-IO                           -2          FIXED
COSBY                                   24                     YES         5 YEARS                          58          WSJ-6MLIBOR
WENATCHEE                               24                     YES         5 YEARS                          56          WSJ-6MLIBOR
WEST LINN                                                       NO         NON-IO                           -4          FIXED-BALLOON
BREMERTON                                                       NO         NON-IO                           -3          FIXED
PORTLAND                                                        NO         NON-IO                           -4          FIXED-BALLOON
CAMARILLO                                                       NO         NON-IO                           -3          FIXED-BALLOON
QUARTZ HILL ARE                         24                     YES         5 YEARS                          57          WSJ-6MLIBOR
CARSON                                                          NO         NON-IO                           -3          FIXED-BALLOON
APPLE VALLEY AR                                                 NO         NON-IO                           -3          FIXED-BALLOON
BUENA PARK                              24                     YES         5 YEARS                          57          WSJ-6MLIBOR
QUARTZ HILL ARE                                                 NO         NON-IO                           -2          FIXED
WILMINGTON AREA                                                 NO         NON-IO                           -3          FIXED-BALLOON
LOS ANGELES                                                    YES         5 YEARS                          58          FIXED
ADELANTO                                                        NO         NON-IO                           -3          FIXED
LANCASTER AREA                                                  NO         NON-IO                           -3          FIXED
NIPOMO                                                          NO         NON-IO                           -2          FIXED-BALLOON
CORONA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
VENTURA (AREA O                                                 NO         NON-IO                           -3          FIXED
NORTHRIDGE AREA                                                 NO         NON-IO                           -2          FIXED
NORTHRIDGE AREA                                                 NO         NON-IO                           -2          FIXED
WOODLAND HILLS                          24                     YES         5 YEARS                          58          WSJ-6MLIBOR
POMONA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
VICTORVILLE                             60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
HEMET                                                           NO         NON-IO                           -2          FIXED-BALLOON
MATTAWA                                                         NO         NON-IO                           -4          FIXED-BALLOON
COEUR D ALENE                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
IDAHO FALLS                                                     NO         NON-IO                           -3          FIXED-BALLOON
SPOKANE                                 36                      NO         NON-IO                           -4          WSJ-6MLIBOR
EVERETT                                                         NO         NON-IO                           -3          FIXED-BALLOON
SPOKANE                                                         NO         NON-IO                           -3          FIXED-BALLOON
KANSAS CITY                                                     NO         NON-IO                           -3          FIXED
CEDAR RAPIDS                            24                      NO         NON-IO                           -3          WSJ-6MLIBOR
OVERLAND PARK                                                   NO         NON-IO                           -2          FIXED
DES MOINES                                                      NO         NON-IO                           -3          FIXED-BALLOON
MAQUOKETA                                                       NO         NON-IO                           -3          FIXED
ST. PETERS                              24                     YES         5 YEARS                          57          WSJ-6MLIBOR
GARDNER                                                         NO         NON-IO                           -3          FIXED
ABBYVILLE                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
ST. LOUIS                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
DES MOINES                                                      NO         NON-IO                           -3          FIXED-BALLOON
MAQUOKETA                                                       NO         NON-IO                           -3          FIXED
KANSAS CITY                                                     NO         NON-IO                           -4          FIXED
PERRY                                                           NO         NON-IO                           -3          FIXED
OVERLAND PARK                                                   NO         NON-IO                           -4          FIXED
OLATHE                                                          NO         NON-IO                           -3          FIXED-BALLOON
KANSAS CITY                                                     NO         NON-IO                           -3          FIXED
GRANDVIEW                                                       NO         NON-IO                           -3          FIXED-BALLOON
ADAIR                                                           NO         NON-IO                           -3          FIXED
ASHLAND                                 24                     YES         5 YEARS                          57          WSJ-6MLIBOR
KANSAS CITY                                                     NO         NON-IO                           -3          FIXED-BALLOON
VIOLA                                                           NO         NON-IO                           -3          FIXED
GRAIN VALLEY                                                    NO         NON-IO                           -3          FIXED-BALLOON
MAQUOKETA                                                       NO         NON-IO                           -3          FIXED
COLORADO SPRING                                                 NO         NON-IO                           -3          FIXED-BALLOON
KANSAS CITY                                                     NO         NON-IO                           -4          FIXED-BALLOON
CRESTON                                                         NO         NON-IO                           -3          FIXED
COVINGTON                                                       NO         NON-IO                           -2          FIXED-BALLOON
ELIZABETH CITY                          24                      NO         NON-IO                           -2          WSJ-6MLIBOR
FORT WALTON BEA                         24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ATLANTA                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
MCHENRY                                                         NO         NON-IO                           -2          FIXED-BALLOON
HIALEAH                                                         NO         NON-IO                           -2          FIXED
LITHONIA                                                        NO         NON-IO                           -2          FIXED-BALLOON
ORLANDO                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
PORT SAINT LUCI                         24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CLERMONT                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
MIAMI                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CHICAGO                                                         NO         NON-IO                           -2          FIXED-BALLOON
NORTH AUGUSTA                                                   NO         NON-IO                           -2          FIXED
ATLANTA                                                         NO         NON-IO                           -2          FIXED-BALLOON
SUNRISE                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ATLANTA                                                         NO         NON-IO                           -2          FIXED
NORTHBROOK                                                      NO         NON-IO                           -2          FIXED
SNELLVILLE                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CAROL STREAM                            24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ELLENWOOD                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
TAMPA                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
COVINGTON                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
NEWNAN                                                          NO         NON-IO                           -2          FIXED-BALLOON
ELLENWOOD                                                       NO         NON-IO                           -2          FIXED-BALLOON
ORANGE PARK                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SCOTTSDALE                                                      NO         NON-IO                           -2          FIXED-BALLOON
CASA GRANDE                                                     NO         NON-IO                           -3          FIXED-BALLOON
PHOENIX                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CASA GRANDE                                                     NO         NON-IO                           -3          FIXED-BALLOON
QUEEN CREEK                                                     NO         NON-IO                           -3          FIXED-BALLOON
PHOENIX                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SURPRISE                                                        NO         NON-IO                           -3          FIXED-BALLOON
TUCSON                                                          NO         NON-IO                           -3          FIXED-BALLOON
QUEEN CREEK                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CASA GRANDE                                                     NO         NON-IO                           -3          FIXED
NORTH LAS VEGAS                                                 NO         NON-IO                           -3          FIXED-BALLOON
LAS VEGAS                                                      YES         5 YEARS                          57          FIXED
GOLD CANYON                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
MAYER                                                           NO         NON-IO                           -3          FIXED
QUEEN CREEK                                                    YES         5 YEARS                          57          FIXED
KINGMAN                                                         NO         NON-IO                           -3          FIXED-BALLOON
TUCSON                                                          NO         NON-IO                           -3          FIXED
SURPRISE                                                        NO         NON-IO                           -3          FIXED-BALLOON
CASA GRANDE                                                     NO         NON-IO                           -3          FIXED-BALLOON
LAS VEGAS                               60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
GOODYEAR                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SURPRISE                                60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
TOLLESON                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
MESA                                    60                      NO         NON-IO                           -3          WSJ-1YRLIBOR
QUEEN CREEK                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LAS VEGAS                                                       NO         NON-IO                           -2          FIXED-BALLOON
QUEEN CREEK                                                     NO         NON-IO                           -3          FIXED-BALLOON
CASA GRANDE                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LAS VEGAS                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
AVONDALE                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
FORT MOHAVE                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
QUEEN CREEK                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
GLENDALE                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SURPRISE                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
NORTH LAS VEGAS                                                 NO         NON-IO                           -2          FIXED-BALLOON
SEDONA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LAS VEGAS                               60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
PHOENIX                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PHOENIX                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PHOENIX                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
QUEEN CREEK                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
QUEEN CREEK                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
QUEEN CREEK                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SAHUARITA                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
AMADO                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
TUCSON                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
PHOENIX                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
LAVEEN                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SURPRISE                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PEORIA                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SURPRISE                                                       YES         5 YEARS                          58          FIXED
QUEEN CREEK                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
KINGMAN                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
PHOENIX                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
KANSAS CITY                             24                      NO         NON-IO                           -4          WSJ-6MLIBOR
INDEPENDENCE                            24                      NO         NON-IO                           -4          WSJ-6MLIBOR
CHARLES CITY                                                    NO         NON-IO                           -4          FIXED
INDEPENDENCE                            24                      NO         NON-IO                           -2          WSJ-6MLIBOR
KANSAS CITY                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SENECA                                                          NO         NON-IO                           -3          FIXED-BALLOON
LEAVENWORTH                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
KANSAS CITY                                                     NO         NON-IO                           -3          FIXED
DES MOINES                              24                      NO         NON-IO                           -3          WSJ-6MLIBOR
COUNCIL BLUFFS                                                  NO         NON-IO                           -3          FIXED-BALLOON
KANSAS CITY                                                     NO         NON-IO                           -4          FIXED
PALATINE                                                        NO         NON-IO                           -2          FIXED-BALLOON
PORT CHARLOTTE                          24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ATLANTA                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CHICAGO                                                         NO         NON-IO                           -2          FIXED
ATLANTA                                 24                      NO         NON-IO                           -2          WSJ-1YRLIBOR
ST CLAIR SHORES                         24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CHICAGO                                                         NO         NON-IO                           -2          FIXED
LITHONIA                                                        NO         NON-IO                           -3          FIXED-BALLOON
JACKSON                                                         NO         NON-IO                           -2          FIXED
AURORA                                                         YES         5 YEARS                          58          FIXED
HOFFMAN ESTATES                                                 NO         NON-IO                           -2          FIXED
COON RAPIDS                                                    YES         5 YEARS                          58          FIXED
PLAINFIELD                                                      NO         NON-IO                           -2          FIXED
SCHAUMBURG                                                      NO         NON-IO                           -2          FIXED
JACKSONVILLE                                                    NO         NON-IO                           -2          FIXED
DETROIT                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
RUFFIN                                                          NO         NON-IO                           -2          FIXED
TITUSVILLE                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ROSEVILLE                                                       NO         NON-IO                           -2          FIXED
LAKELAND                                                        NO         NON-IO                           -2          FIXED-BALLOON
CHICAGO                                                         NO         NON-IO                           -2          FIXED
RIVERDALE                                                       NO         NON-IO                           -2          FIXED-BALLOON
CHICAGO                                                        YES         5 YEARS                          58          FIXED
CHICAGO HEIGHTS                         24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ROCKMART                                                        NO         NON-IO                           -2          FIXED
BOGART                                                          NO         NON-IO                           -2          FIXED
EVANSVILLE                                                      NO         NON-IO                           -2          FIXED
DETROIT                                                         NO         NON-IO                           -2          FIXED
GAINESVILLE                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
MIRAMAR                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
MAYWOOD                                                         NO         NON-IO                           -2          FIXED
CHICAGO                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
ROSEMONT                                60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
NEWAYGO                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
NEWAYGO                                                         NO         NON-IO                           -2          FIXED-BALLOON
ATLANTA                                                         NO         NON-IO                           -3          FIXED-BALLOON
HARVEY                                  60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
CHICAGO                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
MILTON                                                          NO         NON-IO                           -2          FIXED
WOODRIDGE                                                      YES         5 YEARS                          58          FIXED
ST LOUIS PARK                                                  YES         5 YEARS                          58          FIXED
HIGH POINT                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BELLEVILLE                                                      NO         NON-IO                           -2          FIXED
CONYERS                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
COVINGTON                                                       NO         NON-IO                           -2          FIXED-BALLOON
VALDOSTA                                                        NO         NON-IO                           -3          FIXED
DEFUNIAK SPRING                                                 NO         NON-IO                           -3          FIXED
CHICAGO                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
MACOMB                                                         YES         5 YEARS                          58          FIXED
HIALEAH                                                         NO         NON-IO                           -3          FIXED-BALLOON
ELK RIVER                               60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
LAFAYETTE                                                       NO         NON-IO                           -2          FIXED
GATESVILLE                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
AUGUSTA                                                         NO         NON-IO                           -2          FIXED
MOUNT PROSPECT                          24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ROCHELLE                                60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
MOUNT VERNON                            24                      NO         NON-IO                           -2          WSJ-6MLIBOR
DETROIT                                 36                      NO         NON-IO                           -2          WSJ-6MLIBOR
TAMPA                                                           NO         NON-IO                           -3          FIXED-BALLOON
TEMPLE                                                          NO         NON-IO                           -2          FIXED-BALLOON
DOUGLASVILLE                                                    NO         NON-IO                           -3          FIXED-BALLOON
ROSELLE                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
ELMORE                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CROSS                                                           NO         NON-IO                           -2          FIXED
LECANTO                                                         NO         NON-IO                           -3          FIXED-BALLOON
DECATUR                                                         NO         NON-IO                           -3          FIXED-BALLOON
AUBURN HILLS                            24                      NO         NON-IO                           -2          WSJ-6MLIBOR
LOUISVILLE                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
GLENDALE HEIGHT                                                 NO         NON-IO                           -2          FIXED-BALLOON
RIVERVIEW                                                       NO         NON-IO                           -2          FIXED-BALLOON
SOUTH HOLLAND                           60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
CHICAGO                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
MAYWOOD                                                         NO         NON-IO                           -2          FIXED-BALLOON
CHICAGO                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
LILBURN                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
DEERFIELD                               60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
NEW PORT RICHEY                                                 NO         NON-IO                           -3          FIXED
GLENWOOD                                                        NO         NON-IO                           -2          FIXED-BALLOON
INDIANAPOLIS                            24                      NO         NON-IO                           -2          WSJ-6MLIBOR
UNION                                                           NO         NON-IO                           -3          FIXED
CHICAGO                                                         NO         NON-IO                           -2          FIXED
SANFORD                                 24                     YES         5 YEARS                          57          WSJ-6MLIBOR
ORLAND PARK                             36                      NO         NON-IO                           -2          WSJ-6MLIBOR
ELGIN                                   60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
BELLWOOD                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
JOLIET                                  36                      NO         NON-IO                           -2          WSJ-6MLIBOR
STERLING HEIGHT                         24                      NO         NON-IO                           -2          WSJ-6MLIBOR
IXONIA                                                          NO         NON-IO                           -2          FIXED-BALLOON
BERWYN                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
WHEATON                                                         NO         NON-IO                           -2          FIXED-BALLOON
SAUK VILLAGE                            24                      NO         NON-IO                           -2          WSJ-6MLIBOR
GRAND RAPIDS                            24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CHICAGO                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
CHICAGO                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
CHICAGO HEIGHTS                         60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
DETROIT                                                         NO         NON-IO                           -2          FIXED
HAZEL PARK                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ROCKFORD                                36                      NO         NON-IO                           -2          WSJ-6MLIBOR
HOLIDAY                                                         NO         NON-IO                           -2          FIXED
WESTCHESTER                             60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
MACHESNEY PARK                          24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CUMMING                                                         NO         NON-IO                           -3          FIXED-BALLOON
BRADENTON                                                       NO         NON-IO                           -2          FIXED
GLENN DALE                              24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CHARLOTTE                               24                      NO         NON-IO                           -4          WSJ-6MLIBOR
COLLEGE PARK                                                    NO         NON-IO                           -3          FIXED
MONTGOMERY                                                      NO         NON-IO                           -2          FIXED-BALLOON
BANGOR                                                          NO         NON-IO                           -2          FIXED
ROCHESTER HILLS                         60                     YES         5 YEARS                          58          1YR TRSRY-CMT
FOX LAKE                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ULEN                                                            NO         NON-IO                           -2          FIXED
STONE MOUNTAIN                                                  NO         NON-IO                           -3          FIXED
ROCKMART                                24                      NO         NON-IO                           -3          WSJ-6MLIBOR
ROCKMART                                                        NO         NON-IO                           -3          FIXED-BALLOON
SALEM                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
PROVIDENCE                                                      NO         NON-IO                           -2          FIXED-BALLOON
REDDICK                                                         NO         NON-IO                           -2          FIXED
CHICAGO HEIGHTS                         60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
HUDSON                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
KENDUSKEAG                                                      NO         NON-IO                           -2          FIXED
SKOWHEGAN                                                       NO         NON-IO                           -2          FIXED
STAFFORD                                                       YES         5 YEARS                          58          FIXED
AGAWAM                                                          NO         NON-IO                           -2          FIXED
NEW LENOX                                                       NO         NON-IO                           -2          FIXED
UPPER MARLBORO                          36                     YES         5 YEARS                          58          WSJ-6MLIBOR
BRIDGEVIEW                              60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
WASHINGTON                                                      NO         NON-IO                           -2          FIXED
MAPLEWOOD                                                       NO         NON-IO                           -2          FIXED-BALLOON
BROOKLINE                                                       NO         NON-IO                           -2          FIXED
3EST WARWICK                                                    NO         NON-IO                           -2          FIXED-BALLOON
WESTBROOK                               60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
RALEIGH                                                         NO         NON-IO                           -2          FIXED
BROOKLYN                                                       YES         5 YEARS                          58          FIXED
ATLANTA                                                         NO         NON-IO                           -4          FIXED-BALLOON
ELK RIVER                                                       NO         NON-IO                           -2          FIXED
CARMEL                                                          NO         NON-IO                           -2          FIXED
DISTRICT HEIGHT                         60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
EVANSVILLE                                                      NO         NON-IO                           -2          FIXED
BROOKLYN                                                        NO         NON-IO                           -2          FIXED
ZEBULON                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
NORTH ADAMS                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
JONESBORO                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
HAMPSTEAD                               36                      NO         NON-IO                           -2          WSJ-6MLIBOR
MOREHEAD CITY                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LITTLETON                                                       NO         NON-IO                           -2          FIXED
WILMINGTON                                                      NO         NON-IO                           -2          FIXED
COLUMBIA                                                        NO         NON-IO                           -2          FIXED-BALLOON
WARREN                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
LOCKPORT                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
FLORHAM PARK                            24                     YES         5 YEARS                          58          WSJ-6MLIBOR
BURNHAM                                                         NO         NON-IO                           -3          FIXED-BALLOON
BALTIMORE                                                       NO         NON-IO                           -2          FIXED
GREENSBORO                              24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SAINT ALBANS                                                   YES         5 YEARS                          58          FIXED
IRVINGTON                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BREWER                                                          NO         NON-IO                           -2          FIXED
CHICAGO                                                         NO         NON-IO                           -2          FIXED
SANFORD                                                         NO         NON-IO                           -2          FIXED
DORCHESTER                                                      NO         NON-IO                           -3          FIXED
GAINESVILLE                                                     NO         NON-IO                           -4          FIXED-BALLOON
SILVER SPRING                           24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ROCKFORD                                                        NO         NON-IO                           -2          FIXED
HERMON                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
TWO HARBORS                                                     NO         NON-IO                           -2          FIXED-BALLOON
BALTIMORE                                                       NO         NON-IO                           -2          FIXED
WEST STEWARTSTO                                                 NO         NON-IO                           -3          FIXED
LOWELL                                                          NO         NON-IO                           -3          FIXED-BALLOON
MIDLOTHIAN                                                      NO         NON-IO                           -3          FIXED-BALLOON
PRINCESS ANNE                                                   NO         NON-IO                           -3          FIXED
CHICOPEE                                                        NO         NON-IO                           -3          FIXED-BALLOON
LOWELL                                                          NO         NON-IO                           -3          FIXED-BALLOON
LOWELL                                                          NO         NON-IO                           -3          FIXED-BALLOON
SOUTH OZONE PAR                                                 NO         NON-IO                           -3          FIXED
HIGH POINT                                                      NO         NON-IO                           -3          FIXED
ROSEVILLE                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BALTIMORE                                                       NO         NON-IO                           -2          FIXED
COUNTRY CLUB HI                                                 NO         NON-IO                           -3          FIXED
SPRINGFIELD                                                    YES         5 YEARS                          57          FIXED
SPRINGFIELD                                                     NO         NON-IO                           -3          FIXED-BALLOON
ATHENS                                                          NO         NON-IO                           -3          FIXED
GASTONIA                                                        NO         NON-IO                           -3          FIXED
ESSEX JUNCTION                                                  NO         NON-IO                           -2          FIXED
SAINT ALBANS                                                    NO         NON-IO                           -2          FIXED
DIXFIELD                                                        NO         NON-IO                           -3          FIXED
CORONA                                                          NO         NON-IO                           -2          FIXED-BALLOON
BALTIMORE                                                       NO         NON-IO                           -3          FIXED
BAY SHORE                                                       NO         NON-IO                           -2          FIXED-BALLOON
NORTH EAST                                                      NO         NON-IO                           -3          FIXED
EVERETT                                                         NO         NON-IO                           -2          FIXED-BALLOON
EDEN                                                            NO         NON-IO                           -3          FIXED
CHARLOTTE                               60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
CRYSTAL LAKE                            60                      NO         NON-IO                           -2          1YR TRSRY-CMT
BALTIMORE                                                       NO         NON-IO                           -3          FIXED-BALLOON
COVENTRY                                                        NO         NON-IO                           -3          FIXED
FRANKLINVILLE                                                   NO         NON-IO                           -2          FIXED-BALLOON
STEUBEN                                                         NO         NON-IO                           -2          FIXED
NEWARK                                                          NO         NON-IO                           -3          FIXED-BALLOON
CORINNA                                                         NO         NON-IO                           -2          FIXED
ATLANTA                                                         NO         NON-IO                           -4          FIXED-BALLOON
LEXINGTON                                                       NO         NON-IO                           -2          FIXED-BALLOON
HIBBING                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SCHAUMBURG                                                      NO         NON-IO                           -3          FIXED-BALLOON
UPPER MARLBORO                                                  NO         NON-IO                           -3          FIXED-BALLOON
LIVERMORE FALLS                                                 NO         NON-IO                           -3          FIXED
DETROIT                                                         NO         NON-IO                           -2          FIXED
BALTIMORE                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
METROPOLIS                              36                      NO         NON-IO                           -2          WSJ-6MLIBOR
JAMAICA                                                         NO         NON-IO                           -2          FIXED
SOMERSWORTH                                                     NO         NON-IO                           -2          FIXED
BURLINGTON                                                     YES         5 YEARS                          58          FIXED
RANDALLSTOWN                            60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
ROSELLE                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
CLINTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
CLINTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
RICHMOND                                24                      NO         NON-IO                           -3          WSJ-6MLIBOR
WINSTON SALEM                                                   NO         NON-IO                           -2          FIXED
STRASBURG                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BEMIDJI                                                         NO         NON-IO                           -2          FIXED
DEKALB                                                          NO         NON-IO                           -2          FIXED
EVANSVILLE                                                      NO         NON-IO                           -2          FIXED
GLEN BURNIE                                                     NO         NON-IO                           -2          FIXED
SPRINGFIELD                             60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
UNIVERSITY PARK                         60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
LINWOOD                                                         NO         NON-IO                           -2          FIXED
PATERSON                                                        NO         NON-IO                           -2          FIXED-BALLOON
BRISTOL                                                         NO         NON-IO                           -2          FIXED
CHICAGO                                                         NO         NON-IO                           -3          FIXED
CHICAGO                                 60                      NO         NON-IO                           -3          WSJ-1YRLIBOR
INVER GROVE HEI                                                 NO         NON-IO                           -3          FIXED-BALLOON
KNAPP                                                           NO         NON-IO                           -3          FIXED
ALEXANDRIA                                                      NO         NON-IO                           -2          FIXED-BALLOON
AMERY                                                           NO         NON-IO                           -3          FIXED
CHICAGO                                                         NO         NON-IO                           -2          FIXED-BALLOON
NORTH SAINT PAU                                                 NO         NON-IO                           -3          FIXED
OXFORD                                                          NO         NON-IO                           -4          FIXED
RALEIGH                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
LEVERING                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
AURORA                                                          NO         NON-IO                           -2          FIXED-BALLOON
PORTLAND                                                        NO         NON-IO                           -3          FIXED
MUNDELEIN                                                       NO         NON-IO                           -2          FIXED-BALLOON
PORTLAND                                                        NO         NON-IO                           -3          FIXED
ROLLING MEADOWS                         24                      NO         NON-IO                           -3          WSJ-6MLIBOR
GLENBURN                                                        NO         NON-IO                           -3          FIXED
DETROIT                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BENTON                                                          NO         NON-IO                           -3          FIXED
BURLINGTON                                                      NO         NON-IO                           -3          FIXED-BALLOON
SWANTON                                                         NO         NON-IO                           -3          FIXED
DETROIT                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CHICAGO                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
CHARLESTOWN                                                     NO         NON-IO                           -3          FIXED-BALLOON
BALTIMORE                                                       NO         NON-IO                           -3          FIXED-BALLOON
EAST GREENWICH                                                  NO         NON-IO                           -3          FIXED
CARMEL                                                         YES         5 YEARS                          57          FIXED
PATERSON                                                        NO         NON-IO                           -3          FIXED
WINSTON SALEM                                                   NO         NON-IO                           -4          FIXED
PETERBOROUGH                                                    NO         NON-IO                           -3          FIXED
JONESPORT                                                       NO         NON-IO                           -3          FIXED
PORTLAND                                                        NO         NON-IO                           -3          FIXED
ELGIN                                                           NO         NON-IO                           -3          FIXED-BALLOON
WOODBRIDGE                                                      NO         NON-IO                           -3          FIXED-BALLOON
HYATTSVILLE                             24                     YES         5 YEARS                          57          WSJ-6MLIBOR
BLOOMINGTON                                                     NO         NON-IO                           -2          FIXED
ROCKFORD                                24                      NO         NON-IO                           -3          WSJ-6MLIBOR
BALTIMORE                                                       NO         NON-IO                           -3          FIXED-BALLOON
HAMMOND                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
HOLBROOK                                60                      NO         NON-IO                           -2          1YR TRSRY-CMT
PATERSON                                                        NO         NON-IO                           -3          FIXED-BALLOON
SHAPLEIGH                                                       NO         NON-IO                           -2          FIXED
WATERVILLE                                                      NO         NON-IO                           -3          FIXED
FALL RIVER                                                      NO         NON-IO                           -3          FIXED
ALBANY                                                         YES         5 YEARS                          58          FIXED
MOUNT HOLLY                                                     NO         NON-IO                           -3          FIXED-BALLOON
MERRIMACK                                                       NO         NON-IO                           -3          FIXED-BALLOON
BALTIMORE                                                       NO         NON-IO                           -3          FIXED
LANDOVER                                                        NO         NON-IO                           -3          FIXED-BALLOON
MANCHESTER                                                      NO         NON-IO                           -3          FIXED-BALLOON
CHICAGO                                 60                      NO         NON-IO                           -3          WSJ-1YRLIBOR
BARRE                                                           NO         NON-IO                           -2          FIXED-BALLOON
CHICAGO                                                         NO         NON-IO                           -2          FIXED
NASHUA                                                          NO         NON-IO                           -3          FIXED
CENTRAL ISLIP                                                   NO         NON-IO                           -3          FIXED
AURORA                                                          NO         NON-IO                           -3          FIXED
BREWER                                                         YES         5 YEARS                          57          FIXED
CUMBERLAND FORE                                                YES         5 YEARS                          57          FIXED
SALISBURY                                                       NO         NON-IO                           -3          FIXED
PETERBOROUGH                                                    NO         NON-IO                           -3          FIXED-BALLOON
GLEN ALLEN                                                      NO         NON-IO                           -3          FIXED
REHOBOTH                                                        NO         NON-IO                           -3          FIXED
POOLESVILLE                                                     NO         NON-IO                           -3          FIXED
CHICAGO                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
NORTH PROVIDENC                         24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CHARLOTTE                                                       NO         NON-IO                           -3          FIXED-BALLOON
DAVENPORT                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SHELTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
DES MOINES                                                      NO         NON-IO                           -2          FIXED
CARL JUNCTION                                                   NO         NON-IO                           -2          FIXED
MARSHFIELD                                                      NO         NON-IO                           -2          FIXED
BOELUS                                                          NO         NON-IO                           -2          FIXED
GUTHRIE CENTER                                                  NO         NON-IO                           -2          FIXED
OLATHE                                                          NO         NON-IO                           -2          FIXED-BALLOON
LUFKIN                                                          NO         NON-IO                           -2          FIXED
MANSFIELD                                                       NO         NON-IO                           -2          FIXED
BRANDON                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BLACK CANYON CI                                                YES         5 YEARS                          58          FIXED
CARLSBAD                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
MISSION VIEJO                           60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
APLINGTON                                                       NO         NON-IO                           -2          FIXED
ELDON                                                           NO         NON-IO                           -2          FIXED
NEWTON                                                          NO         NON-IO                           -2          FIXED
LINDEN                                                          NO         NON-IO                           -2          FIXED
OKEECHOBEE                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BOONE                                                           NO         NON-IO                           -2          FIXED
LA PORTE                                                        NO         NON-IO                           -2          FIXED
WICHITA                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
NEWTON                                                          NO         NON-IO                           -2          FIXED
PERRY                                   60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
GRANGER                                                         NO         NON-IO                           -2          FIXED
FRANKFORT                                                       NO         NON-IO                           -2          FIXED
HARTLEY                                                         NO         NON-IO                           -2          FIXED
WALLLA WALLA                            36                     YES         5 YEARS                          58          WSJ-6MLIBOR
SHALIMAR                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CONWAY SPRINGS                          60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
SACRAMENTO                              24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LATHROP                                                         NO         NON-IO                           -2          FIXED
CHARLESTON                                                      NO         NON-IO                           -2          FIXED
DIXON IL 61021                                                  NO         NON-IO                           -2          FIXED
COVINGTON                                                       NO         NON-IO                           -2          FIXED
EVERETT                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LAS VEGAS                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
AURORA                                                          NO         NON-IO                           -2          FIXED
FRANKLIN                                                        NO         NON-IO                           -2          FIXED
INDEPENDENCE                            24                      NO         NON-IO                           -2          WSJ-6MLIBOR
INDEPENDENCE                                                    NO         NON-IO                           -2          FIXED
PHOENIX                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
MEMPHIS                                                         NO         NON-IO                           -2          FIXED
ATKINS                                                          NO         NON-IO                           -2          FIXED-BALLOON
WINLOCK                                                         NO         NON-IO                           -2          FIXED-BALLOON
BRYANT                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
INVERNESS                                                       NO         NON-IO                           -2          FIXED
LAS VEGAS                                                       NO         NON-IO                           -2          FIXED-BALLOON
MEMPHIS                                                         NO         NON-IO                           -2          FIXED
NORTH LAS VEGAS                                                 NO         NON-IO                           -2          FIXED-BALLOON
SHREVEPORT                                                      NO         NON-IO                           -2          FIXED
SIOUX CITY                                                      NO         NON-IO                           -2          FIXED
VANCOUVER                                                       NO         NON-IO                           -2          FIXED
ALBUQUERQUE                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
INDIANOLA                                                       NO         NON-IO                           -2          FIXED
PORTLAND                                                        NO         NON-IO                           -2          FIXED
NORTH LAS VEGAS                                                 NO         NON-IO                           -2          FIXED-BALLOON
RAPIDS CITY                                                     NO         NON-IO                           -2          FIXED
MIAMI                                                          YES         5 YEARS                          58          FIXED
EXETER                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
WICHITA                                                         NO         NON-IO                           -2          FIXED
VANCOUVER                                                       NO         NON-IO                           -2          FIXED-BALLOON
BARTLESVILLE                                                    NO         NON-IO                           -2          FIXED
WORTH                                                           NO         NON-IO                           -2          FIXED
MESA                                                            NO         NON-IO                           -2          FIXED
NORFOLK                                                         NO         NON-IO                           -2          FIXED
WEST DES MOINES                                                 NO         NON-IO                           -2          FIXED
BETTENDORF                                                      NO         NON-IO                           -2          FIXED
HEWITT                                                          NO         NON-IO                           -2          FIXED-BALLOON
FORT SMITH                                                      NO         NON-IO                           -2          FIXED
WICHITA                                                         NO         NON-IO                           -2          FIXED
ENUMCLAW                                                        NO         NON-IO                           -2          FIXED
CRAWFORDSVILLE                                                  NO         NON-IO                           -2          FIXED
EVERETT                                                        YES         5 YEARS                          58          FIXED
EVERETT                                                         NO         NON-IO                           -2          FIXED
LINDSBORG                                                       NO         NON-IO                           -2          FIXED
TACOMA                                                          NO         NON-IO                           -2          FIXED
PUYALLUP                                                        NO         NON-IO                           -2          FIXED
BATTLE GROUND                           24                      NO         NON-IO                           -2          WSJ-6MLIBOR
WATAUGA                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
DAVENPORT                                                      YES         5 YEARS                          58          FIXED
LAKE STEVENS                                                    NO         NON-IO                           -2          FIXED
PLAINFIELD                                                      NO         NON-IO                           -3          FIXED
PLAINFIELD                                                      NO         NON-IO                           -3          FIXED-BALLOON
BROOKLYN PARK                                                   NO         NON-IO                           -3          FIXED
BROOKLYN PARK                                                   NO         NON-IO                           -3          FIXED-BALLOON
OAKLAND CITY                                                    NO         NON-IO                           -3          FIXED
BRITTON                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
MACHESNEY PARK                                                  NO         NON-IO                           -3          FIXED-BALLOON
DETROIT                                                         NO         NON-IO                           -3          FIXED-BALLOON
ELGIN                                                           NO         NON-IO                           -3          FIXED
BENSENVILLE                                                    YES         5 YEARS                          57          FIXED
MIDLAND                                                         NO         NON-IO                           -3          FIXED
CRYSTAL                                                         NO         NON-IO                           -3          FIXED
THIEF RIVER FAL                                                 NO         NON-IO                           -3          FIXED
SAUK VILLAGE                            24                      NO         NON-IO                           -3          WSJ-6MLIBOR
DETROIT                                                         NO         NON-IO                           -3          FIXED-BALLOON
EVELETH                                                         NO         NON-IO                           -3          FIXED-BALLOON
GLENDALE HEIGHT                                                 NO         NON-IO                           -3          FIXED-BALLOON
GREENWOOD                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
BURNSVILLE                                                      NO         NON-IO                           -3          FIXED-BALLOON
ROCKFORD                                                        NO         NON-IO                           -3          FIXED-BALLOON
GILBERTSVILLE                                                   NO         NON-IO                           -3          FIXED
KOKOMO                                                          NO         NON-IO                           -3          FIXED
HUTCHINSON                                                      NO         NON-IO                           -3          FIXED
ZIMMERMAN                                                       NO         NON-IO                           -3          FIXED-BALLOON
CAMBRIA                                                         NO         NON-IO                           -3          FIXED
MAPLE GROVE                                                     NO         NON-IO                           -3          FIXED-BALLOON
STREAMWOOD                              24                      NO         NON-IO                           -3          WSJ-6MLIBOR
CHICAGO                                                         NO         NON-IO                           -3          FIXED
MATTESON                                                        NO         NON-IO                           -3          FIXED-BALLOON
MINNEAPOLIS                                                     NO         NON-IO                           -3          FIXED-BALLOON
MATTESON                                                        NO         NON-IO                           -3          FIXED-BALLOON
SPRING LAKE                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
OTTAWA                                                          NO         NON-IO                           -2          FIXED
SAINT PAUL                                                      NO         NON-IO                           -3          FIXED-BALLOON
CHICAGO                                                         NO         NON-IO                           -3          FIXED
CRETE                                   60                     YES         5 YEARS                          57          1YR TRSRY-CMT
POPLAR GROVE                                                    NO         NON-IO                           -3          FIXED
BOONVILLE                                                       NO         NON-IO                           -3          FIXED
HAZEL CREST                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
DAWSON                                                          NO         NON-IO                           -3          FIXED
UNIVERSITY PARK                                                 NO         NON-IO                           -3          FIXED-BALLOON
JORDAN                                                          NO         NON-IO                           -3          FIXED-BALLOON
MAYWOOD                                                         NO         NON-IO                           -3          FIXED
ROCKFORD                                                        NO         NON-IO                           -3          FIXED
LITTLE CANADA                                                   NO         NON-IO                           -3          FIXED-BALLOON
DAVIS JUNCTION                                                  NO         NON-IO                           -3          FIXED
BUFFALO                                                         NO         NON-IO                           -3          FIXED-BALLOON
BOLINGBROOK                                                     NO         NON-IO                           -3          FIXED-BALLOON
CHICAGO                                                         NO         NON-IO                           -3          FIXED
TAYLOR                                  24                      NO         NON-IO                           -3          WSJ-6MLIBOR
ATWATER                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SOUTH PARIS                                                     NO         NON-IO                           -3          FIXED
NEW RICHMOND                                                    NO         NON-IO                           -3          FIXED-BALLOON
CHICAGO                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
NEW RICHMOND                                                    NO         NON-IO                           -3          FIXED-BALLOON
AUBURN HILLS                                                    NO         NON-IO                           -3          FIXED-BALLOON
SAUK VILLAGE                            36                      NO         NON-IO                           -2          WSJ-6MLIBOR
BEAVER DAM                                                     YES         5 YEARS                          57          FIXED
LA SALLE                                                        NO         NON-IO                           -3          FIXED
DAVISON                                                         NO         NON-IO                           -3          FIXED
OXFORD                                  24                     YES         5 YEARS                          56          WSJ-6MLIBOR
MINNETONKA                                                      NO         NON-IO                           -3          FIXED
NEWBURGH                                                        NO         NON-IO                           -3          FIXED
CHICAGO                                                         NO         NON-IO                           -3          FIXED
JOLIET                                                          NO         NON-IO                           -3          FIXED
CONCORDIA                               60                      NO         NON-IO                           -3          WSJ-1YRLIBOR
SPRINGFIELD                                                     NO         NON-IO                           -3          FIXED
MARQUETTE HEIGH                                                 NO         NON-IO                           -2          FIXED
FRANKFORT                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
NASHVILLE                                                       NO         NON-IO                           -2          FIXED
MOUNT PROSPECT                                                  NO         NON-IO                           -3          FIXED-BALLOON
GRAND PRAIRIE                                                  YES         5 YEARS                          58          FIXED
SHERMAN                                                         NO         NON-IO                           -3          FIXED
ELDORA                                                          NO         NON-IO                           -3          FIXED
MIDLOTHIAN                                                      NO         NON-IO                           -2          FIXED
LIBERAL                                                         NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
CEDAR RAPIDS                                                    NO         NON-IO                           -2          FIXED
ABILENE                                                         NO         NON-IO                           -3          FIXED
KANSAS CITY                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
TACOMA                                                          NO         NON-IO                           -2          FIXED
OSCEOLA                                                         NO         NON-IO                           -3          FIXED
GENESEO                                                         NO         NON-IO                           -2          FIXED
SEAGOVILLE                                                      NO         NON-IO                           -2          FIXED
SEATTLE                                                         NO         NON-IO                           -3          FIXED
OLYMPIA                                                         NO         NON-IO                           -3          FIXED-BALLOON
NEW ORLEANS                                                     NO         NON-IO                           -2          FIXED
TACOMA                                  24                     YES         5 YEARS                          57          WSJ-6MLIBOR
ARLINGTON                                                       NO         NON-IO                           -3          FIXED
DALLAS                                                          NO         NON-IO                           -3          FIXED
MONROE                                                          NO         NON-IO                           -3          FIXED
CEDAR FALLS                                                     NO         NON-IO                           -3          FIXED
SHERMAN                                                         NO         NON-IO                           -2          FIXED
COMBINE                                                         NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED
MERIAM                                                          NO         NON-IO                           -3          FIXED
BLUE RIDGE                                                     YES         5 YEARS                          57          FIXED
KANSAS CITY                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SPRINGFIELD                                                     NO         NON-IO                           -3          FIXED
HAMILTON                                                        NO         NON-IO                           -3          FIXED
CONROE                                                          NO         NON-IO                           -2          FIXED
KENNEWICK                               60                      NO         NON-IO                           -3          WSJ-1YRLIBOR
KNOXVILLE                                                       NO         NON-IO                           -2          FIXED
HUMBLE                                                          NO         NON-IO                           -3          FIXED
WELLINGTON                                                      NO         NON-IO                           -2          FIXED
BUTLER                                                          NO         NON-IO                           -2          FIXED
SPRINGFIELD                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
PANAMA CITY BEA                         24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SARITA                                                          NO         NON-IO                           -2          FIXED
POTTSBORO                                                       NO         NON-IO                           -3          FIXED-BALLOON
MASON CITY                                                      NO         NON-IO                           -2          FIXED
NICKERSON                                                       NO         NON-IO                           -2          FIXED
GRANDVIEW                                                       NO         NON-IO                           -2          FIXED
MIRAMAR                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
CLEARWATER                              60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
LEAVENWORTH                                                     NO         NON-IO                           -2          FIXED
INDEPENDENCE                                                    NO         NON-IO                           -2          FIXED
BLOOMINGTON                                                     NO         NON-IO                           -2          FIXED
INDEPENDENCE                                                    NO         NON-IO                           -2          FIXED
WATERLOO                                                        NO         NON-IO                           -2          FIXED
SANTA ROSA BEAC                         24                      NO         NON-IO                           -2          WSJ-6MLIBOR
LARGO                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SEARCY                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BEAVERTON                                                      YES         5 YEARS                          58          FIXED
GRINNELL                                                        NO         NON-IO                           -2          FIXED
SEAGOVILLE                                                      NO         NON-IO                           -2          FIXED
BOONVILLE                                                       NO         NON-IO                           -2          FIXED
SPRINGDALE                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
MIDDLETON                                                       NO         NON-IO                           -2          FIXED
SAN ANTONIO                                                     NO         NON-IO                           -2          FIXED
EDMOND                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
DALLAS                                                          NO         NON-IO                           -2          FIXED
PEARCY                                                          NO         NON-IO                           -2          FIXED
FORT WORTH                                                      NO         NON-IO                           -2          FIXED-BALLOON
CEDAR HILL                                                      NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED
MEMPHIS                                                         NO         NON-IO                           -2          FIXED
TYLER                                                           NO         NON-IO                           -2          FIXED
BENTON                                                          NO         NON-IO                           -2          FIXED
NORTH LITTLE RO                                                 NO         NON-IO                           -2          FIXED
WYLIE                                                          YES         5 YEARS                          58          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED
LITTLETON                                                       NO         NON-IO                           -2          FIXED
DENTON                                                          NO         NON-IO                           -2          FIXED
ATHENS                                                          NO         NON-IO                           -2          FIXED
GRAND PRAIRIE                                                   NO         NON-IO                           -2          FIXED
ARLINGTON                                                       NO         NON-IO                           -2          FIXED
GRAND PRAIRIE                                                   NO         NON-IO                           -2          FIXED
CHILDRESS                                                       NO         NON-IO                           -2          FIXED
CARROLLTON                                                      NO         NON-IO                           -2          FIXED
ARLINGTON                                                       NO         NON-IO                           -2          FIXED
PROVIDENCE VILL                                                YES         5 YEARS                          58          FIXED
PROVIDENCE VILL                                                 NO         NON-IO                           -2          FIXED-BALLOON
SEVIERVILLE                                                     NO         NON-IO                           -2          FIXED
FRESNO                                                          NO         NON-IO                           -2          FIXED
DESOTO                                                          NO         NON-IO                           -3          FIXED
SOUTH HAVEN                             60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
BURRTON                                 60                      NO         NON-IO                           -4          WSJ-1YRLIBOR
SAN JACINTO                                                     NO         NON-IO                           -2          FIXED
PERU                                    24                      NO         NON-IO                           -4          WSJ-6MLIBOR
ATLANTA                                 24                      NO         NON-IO                           -4          WSJ-6MLIBOR
GAINESVILLE                                                     NO         NON-IO                           -3          FIXED-BALLOON
ALBUQUERQUE                             36                      NO         NON-IO                           -4          WSJ-6MLIBOR
CITY NAME                                                       NO         NON-IO                           -3          FIXED
SOLDIER                                                         NO         NON-IO                           -3          FIXED
DODGE CITY                              60                      NO         NON-IO                           -3          WSJ-1YRLIBOR
BRANSON                                 24                      NO         NON-IO                           -4          WSJ-6MLIBOR
ALLEN                                   24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ALTO PASS                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
ARLINGTON                                                       NO         NON-IO                           -3          FIXED
FORT WORTH                              24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SIKESTON                                                        NO         NON-IO                           -2          FIXED
CONVERSE                                24                      NO         NON-IO                           -3          WSJ-6MLIBOR
THE DALLES                                                     YES         5 YEARS                          58          FIXED
HUMBLE                                                          NO         NON-IO                           -3          FIXED
KELSO                                                           NO         NON-IO                           -3          FIXED
BATESVILLE                                                      NO         NON-IO                           -3          FIXED
GUN BARREL CITY                                                 NO         NON-IO                           -3          FIXED
ERIE                                                            NO         NON-IO                           -3          FIXED
WATERLOO                                                        NO         NON-IO                           -3          FIXED
VILLAGE MILLS                                                   NO         NON-IO                           -3          FIXED
IOWA CITY                                                       NO         NON-IO                           -3          FIXED
SHREWSBURY                                                      NO         NON-IO                           -3          FIXED
GILMER                                                          NO         NON-IO                           -3          FIXED
LITTLE ROCK                                                     NO         NON-IO                           -3          FIXED
COLLEGE STATION                                                 NO         NON-IO                           -3          FIXED
TRENTON                                                         NO         NON-IO                           -3          FIXED
DIBOLL                                                          NO         NON-IO                           -4          FIXED
OMAHA                                                           NO         NON-IO                           -3          FIXED
PERRYVILLE                                                      NO         NON-IO                           -3          FIXED
COVINGTON                                                       NO         NON-IO                           -3          FIXED
CARSON                                                          NO         NON-IO                           -3          FIXED
GRANDVIEW                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
LEBANON                                                         NO         NON-IO                           -3          FIXED-BALLOON
DALLAS                                                          NO         NON-IO                           -3          FIXED
OLYMPIA                                                        YES         5 YEARS                          57          FIXED
ALFORD                                                          NO         NON-IO                           -2          FIXED
BARTLESVILLE                            24                      NO         NON-IO                           -3          WSJ-6MLIBOR
OSAWATOMIE                                                      NO         NON-IO                           -4          FIXED-BALLOON
FRANKFORT                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
PROSSER                                                         NO         NON-IO                           -3          FIXED-BALLOON
MINGO                                                           NO         NON-IO                           -3          FIXED
THE WOODLANDS                                                   NO         NON-IO                           -2          FIXED
WICHITA                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
WINFIELD                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
MEMPHIS                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
KANSAS CITY                                                     NO         NON-IO                           -2          FIXED
FORT WORTH                                                      NO         NON-IO                           -3          FIXED
N. RICHLAND HIL                                                 NO         NON-IO                           -2          FIXED
FORT LAUDERDALE                                                 NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
GAINESVILLE                                                     NO         NON-IO                           -2          FIXED
FORT LAUDERDALE                                                 NO         NON-IO                           -3          FIXED-BALLOON
FRANKFORT                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
OSAWATOMIE                                                      NO         NON-IO                           -3          FIXED-BALLOON
ROWLETT                                                         NO         NON-IO                           -3          FIXED
LACY LAKEVIEW                                                   NO         NON-IO                           -3          FIXED-BALLOON
KANSAS CITY                                                     NO         NON-IO                           -2          FIXED
SAN ANTONIO                                                     NO         NON-IO                           -2          FIXED
SALEM                                                          YES         5 YEARS                          58          FIXED
WASHINGTON                                                      NO         NON-IO                           -3          FIXED
FT LAUDERDALE                                                   NO         NON-IO                           -2          FIXED
WICHITA                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
GLENN HEIGHTS                                                   NO         NON-IO                           -2          FIXED-BALLOON
CADDO MILLS                                                     NO         NON-IO                           -2          FIXED-BALLOON
OKLAHOMA CITY                                                  YES         5 YEARS                          58          FIXED
OKLAHOMA CITY                                                   NO         NON-IO                           -2          FIXED-BALLOON
ALVARADO                                                        NO         NON-IO                           -2          FIXED
ROSENBERG                                                       NO         NON-IO                           -2          FIXED
CORDOVA                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
BOSSIER CITY                                                    NO         NON-IO                           -2          FIXED
FATE                                    24                      NO         NON-IO                           -2          WSJ-6MLIBOR
MEMPHIS                                                         NO         NON-IO                           -3          FIXED
DALLAS                                                          NO         NON-IO                           -2          FIXED
LAMAR                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
EULESS                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
FORT WORTH                                                      NO         NON-IO                           -2          FIXED
CECILIA                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CROWLEY                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
LAS VEGAS                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CROWLEY                                                         NO         NON-IO                           -2          FIXED-BALLOON
BATON ROUGE                                                     NO         NON-IO                           -2          FIXED
EL PASO                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
KATY                                                            NO         NON-IO                           -2          FIXED
LAKE WORTH                                                      NO         NON-IO                           -2          FIXED
GARLAND                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ANTIOCH                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ANTIOCH                                                         NO         NON-IO                           -2          FIXED-BALLOON
GARLAND                                                         NO         NON-IO                           -2          FIXED
ALLEN                                                           NO         NON-IO                           -2          FIXED
ALLEN                                                           NO         NON-IO                           -2          FIXED-BALLOON
HARRAH                                                          NO         NON-IO                           -2          FIXED
EL PASO COUNTY                          24                      NO         NON-IO                           -2          WSJ-6MLIBOR
TULSA                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
DALLAS                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
FATE                                                            NO         NON-IO                           -2          FIXED-BALLOON
DALLAS                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
LEWISVILLE                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
FORT WORTH                                                      NO         NON-IO                           -2          FIXED
SAN ANTONIO                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
EL PASO                                                         NO         NON-IO                           -2          FIXED
MCKINNEY                                                        NO         NON-IO                           -2          FIXED
DENVER                                  60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
TUPELO                                                          NO         NON-IO                           -2          FIXED
AZLE                                                            NO         NON-IO                           -2          FIXED
ROCKWALL                                                        NO         NON-IO                           -2          FIXED-BALLOON
KATY                                                            NO         NON-IO                           -2          FIXED-BALLOON
FORT WORTH                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
RICHMOND                                                        NO         NON-IO                           -2          FIXED
MEMPHIS                                                         NO         NON-IO                           -2          FIXED
DERBY                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CABOT                                                           NO         NON-IO                           -2          FIXED
HOUMA                                                           NO         NON-IO                           -2          FIXED
SINTON                                                          NO         NON-IO                           -2          FIXED
EL PASO                                                         NO         NON-IO                           -2          FIXED
FORT WORTH                              24                      NO         NON-IO                           -3          WSJ-6MLIBOR
MEMPHIS                                                         NO         NON-IO                           -2          FIXED-BALLOON
WOODLAWN                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
WOODLAWN                                                        NO         NON-IO                           -2          FIXED-BALLOON
BROKEN ARROW                                                    NO         NON-IO                           -2          FIXED-BALLOON
WICHITA FALLS                                                   NO         NON-IO                           -3          FIXED-BALLOON
HUTTO                                                           NO         NON-IO                           -2          FIXED-BALLOON
BOLIVAR                                                         NO         NON-IO                           -2          FIXED
BOLIVAR                                                         NO         NON-IO                           -2          FIXED-BALLOON
GARLAND                                                         NO         NON-IO                           -2          FIXED
RICHARDSON                                                      NO         NON-IO                           -2          FIXED
MESQUITE                                                        NO         NON-IO                           -2          FIXED-BALLOON
MESQUITE                                                        NO         NON-IO                           -3          FIXED-BALLOON
MESQUITE                                                        NO         NON-IO                           -3          FIXED
FORT WORTH                                                      NO         NON-IO                           -3          FIXED-BALLOON
DELIGHT                                                         NO         NON-IO                           -3          FIXED
MEMPHIS                                                         NO         NON-IO                           -3          FIXED-BALLOON
WELCH                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
PARIS                                                           NO         NON-IO                           -3          FIXED-BALLOON
FATE                                                            NO         NON-IO                           -3          FIXED-BALLOON
SOUTHAVEN                                                      YES         5 YEARS                          58          FIXED
FLINT                                   24                      NO         NON-IO                           -2          WSJ-6MLIBOR
WHITEHOUSE                                                      NO         NON-IO                           -3          FIXED-BALLOON
GARLAND                                                         NO         NON-IO                           -3          FIXED-BALLOON
FATE                                                            NO         NON-IO                           -3          FIXED
ALVIN                                                           NO         NON-IO                           -3          FIXED-BALLOON
LAREDO                                                          NO         NON-IO                           -3          FIXED-BALLOON
INOLA                                                           NO         NON-IO                           -3          FIXED-BALLOON
AZLE                                                            NO         NON-IO                           -3          FIXED
MERCEDES                                                        NO         NON-IO                           -2          FIXED
ARLINGTON                                                       NO         NON-IO                           -3          FIXED
DUMAS                                                           NO         NON-IO                           -3          FIXED
WINNSBORO                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ARLINGTON                                                       NO         NON-IO                           -3          FIXED
SANGER                                  60                      NO         NON-IO                           -3          WSJ-1YRLIBOR
SAND SPRINGS                                                    NO         NON-IO                           -2          FIXED
ODESSA                                                          NO         NON-IO                           -3          FIXED-BALLOON
WYLIE                                                           NO         NON-IO                           -2          FIXED
WEATHERFORD                                                     NO         NON-IO                           -3          FIXED
WATAUGA                                                         NO         NON-IO                           -3          FIXED
LITTLE ROCK                                                     NO         NON-IO                           -2          FIXED
LEXINGTON                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
MESQUITE                                                        NO         NON-IO                           -3          FIXED-BALLOON
GRAPEVINE                                                      YES         5 YEARS                          58          FIXED
EL PASO                                 60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
WOLFFORTH                                                       NO         NON-IO                           -3          FIXED-BALLOON
MOUNDS                                                          NO         NON-IO                           -2          FIXED
FORT WORTH                              24                      NO         NON-IO                           -3          WSJ-6MLIBOR
ALLEN                                                           NO         NON-IO                           -3          FIXED-BALLOON
DALLAS                                  24                      NO         NON-IO                           -3          WSJ-6MLIBOR
JACKSON                                                         NO         NON-IO                           -4          FIXED
BURNET                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
FRISCO                                  24                      NO         NON-IO                           -3          WSJ-6MLIBOR
OLIVE BRANCH                                                    NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
CEDAR HILL                              24                      NO         NON-IO                           -4          WSJ-6MLIBOR
SEAGOVILLE                                                      NO         NON-IO                           -4          FIXED-BALLOON
BOLIVAR                                                         NO         NON-IO                           -3          FIXED-BALLOON
TULSA                                                           NO         NON-IO                           -3          FIXED
HORIZON CITY                                                    NO         NON-IO                           -2          FIXED
KATY                                                            NO         NON-IO                           -3          FIXED-BALLOON
SUNSET                                                          NO         NON-IO                           -3          FIXED-BALLOON
CLEBURNE                                                        NO         NON-IO                           -3          FIXED
JACKSON                                                         NO         NON-IO                           -3          FIXED
SHERMAN                                                         NO         NON-IO                           -3          FIXED
CHATTANOOGA                                                     NO         NON-IO                           -3          FIXED
FRISCO                                                          NO         NON-IO                           -3          FIXED
FORNEY                                  24                      NO         NON-IO                           -3          WSJ-6MLIBOR
EL PASO                                                         NO         NON-IO                           -3          FIXED
FORT WORTH                                                      NO         NON-IO                           -3          FIXED-BALLOON
EL PASO                                                         NO         NON-IO                           -3          FIXED
MESQUITE                                                        NO         NON-IO                           -3          FIXED
BEAUMONT                                                        NO         NON-IO                           -3          FIXED-BALLOON
MEMPHIS                                                         NO         NON-IO                           -3          FIXED-BALLOON
FORT WORTH                                                      NO         NON-IO                           -3          FIXED-BALLOON
TULSA                                                           NO         NON-IO                           -3          FIXED-BALLOON
CADDO MILLS                                                     NO         NON-IO                           -3          FIXED-BALLOON
BURLESON                                                        NO         NON-IO                           -3          FIXED
GRAND PRAIRIE                                                   NO         NON-IO                           -3          FIXED
TULSA                                                           NO         NON-IO                           -3          FIXED
ROWLETT                                                         NO         NON-IO                           -3          FIXED-BALLOON
HICKORY VALLEY                                                  NO         NON-IO                           -3          FIXED
GRANBURY                                                        NO         NON-IO                           -3          FIXED
DALLAS                                                          NO         NON-IO                           -3          FIXED
PLANO                                                           NO         NON-IO                           -3          FIXED
PLANO                                                           NO         NON-IO                           -3          FIXED-BALLOON
GRAND PRAIRIE                                                   NO         NON-IO                           -3          FIXED-BALLOON
COVINGTON                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
FORT WORTH                                                      NO         NON-IO                           -3          FIXED
EL PASO                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
LAGO VISTA                                                      NO         NON-IO                           -3          FIXED-BALLOON
BROWNSVILLE                                                     NO         NON-IO                           -3          FIXED
LUBBOCK                                                         NO         NON-IO                           -3          FIXED
LUBBOCK                                                         NO         NON-IO                           -3          FIXED-BALLOON
ANNA                                                            NO         NON-IO                           -3          FIXED-BALLOON
BOLIVAR                                                         NO         NON-IO                           -3          FIXED
HUMBOLDT                                24                      NO         NON-IO                           -3          WSJ-6MLIBOR
ALEDO                                                           NO         NON-IO                           -3          FIXED
ARLINGTON                                                       NO         NON-IO                           -3          FIXED-BALLOON
COLLIERVILLE                                                    NO         NON-IO                           -2          FIXED
BOLIVAR                                                         NO         NON-IO                           -3          FIXED
HEARTLAND                                                       NO         NON-IO                           -3          FIXED
MIDDLETON                                                       NO         NON-IO                           -3          FIXED
FORT WORTH                                                      NO         NON-IO                           -3          FIXED
RENOVA                                  24                      NO         NON-IO                           -3          WSJ-6MLIBOR
MESQUITE                                                       YES         5 YEARS                          57          FIXED
MESQUITE                                                        NO         NON-IO                           -3          FIXED-BALLOON
MULVANE                                                         NO         NON-IO                           -3          FIXED
WHITWELL                                                        NO         NON-IO                           -3          FIXED
HUTCHINSON                                                      NO         NON-IO                           -3          FIXED
LEWISVILLE                                                      NO         NON-IO                           -3          FIXED-BALLOON
CARROLLTON                                                      NO         NON-IO                           -3          FIXED
LOUISVILLE                              24                      NO         NON-IO                           -3          WSJ-6MLIBOR
TULSA                                                           NO         NON-IO                           -3          FIXED-BALLOON
HORIZON CITY                                                    NO         NON-IO                           -3          FIXED
HORIZON CITY                                                    NO         NON-IO                           -3          FIXED
AUSTIN                                                         YES         5 YEARS                          58          FIXED
LONGVIEW                                                        NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
CANYON LAKE                                                     NO         NON-IO                           -3          FIXED
ABILENE                                                         NO         NON-IO                           -3          FIXED
ANAHUAC                                                         NO         NON-IO                           -2          FIXED
MIDLAND                                                         NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
PASADENA                                                        NO         NON-IO                           -3          FIXED-BALLOON
PASADENA                                                        NO         NON-IO                           -2          FIXED-BALLOON
HOCKLEY                                                         NO         NON-IO                           -3          FIXED-BALLOON
BEAUMONT                                                        NO         NON-IO                           -3          FIXED
COLUMBIA                                                        NO         NON-IO                           -3          FIXED
AUSTIN                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
HOUSTON                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
BEAUMONT                                                        NO         NON-IO                           -3          FIXED
HOUSTON                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
PASADENA                                                        NO         NON-IO                           -3          FIXED
SAN ANTONIO                                                     NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -3          FIXED
DUBLIN                                  24                      NO         NON-IO                           -3          WSJ-6MLIBOR
HUMBLE                                                          NO         NON-IO                           -3          FIXED
GALENA PARK                                                     NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
CYPRESS                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
HUMBLE                                                          NO         NON-IO                           -2          FIXED-BALLOON
SAN ANTONIO                                                     NO         NON-IO                           -2          FIXED
MCALLEN                                                         NO         NON-IO                           -2          FIXED
PHARR                                                           NO         NON-IO                           -2          FIXED
PHARR                                                           NO         NON-IO                           -2          FIXED-BALLOON
AUSTIN                                                          NO         NON-IO                           -3          FIXED
AUSTIN                                                          NO         NON-IO                           -3          FIXED-BALLOON
KATY                                                            NO         NON-IO                           -2          FIXED
LEAGUE CITY                                                     NO         NON-IO                           -2          FIXED-BALLOON
WACO                                                            NO         NON-IO                           -3          FIXED
MONTGOMERY                                                      NO         NON-IO                           -3          FIXED
CROCKETT                                                        NO         NON-IO                           -2          FIXED
CROCKETT                                                        NO         NON-IO                           -2          FIXED-BALLOON
SAN JUAN                                24                      NO         NON-IO                           -2          WSJ-6MLIBOR
HOUSTON                                                         NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
MONTGOMERY                                                      NO         NON-IO                           -2          FIXED
RICHMOND                                                        NO         NON-IO                           -2          FIXED
MISSOURI CITY                                                   NO         NON-IO                           -2          FIXED
SUGAR LAND                                                      NO         NON-IO                           -2          FIXED
KILLEEN                                                         NO         NON-IO                           -2          FIXED
MCALLEN                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
HOUSTON                                                         NO         NON-IO                           -2          FIXED
HITCHCOCK                                                       NO         NON-IO                           -2          FIXED
HITCHCOCK                                                       NO         NON-IO                           -2          FIXED-BALLOON
SAN ANTONIO                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
HUFFMAN                                                         NO         NON-IO                           -2          FIXED
WHITESBORO                                                      NO         NON-IO                           -2          FIXED
ROUND ROCK                                                      NO         NON-IO                           -2          FIXED
LINDALE                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
HOUSTON                                                         NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -2          FIXED
CLEVELAND                                                       NO         NON-IO                           -2          FIXED
CLEVELAND                                                       NO         NON-IO                           -2          FIXED-BALLOON
ROUND ROCK                              24                      NO         NON-IO                           -2          WSJ-6MLIBOR
HOUSTON                                                         NO         NON-IO                           -2          FIXED
AUSTIN                                                          NO         NON-IO                           -2          FIXED-BALLOON
EL PASO                                                         NO         NON-IO                           -2          FIXED
PORTER                                                          NO         NON-IO                           -2          FIXED
WAXAHACHIE                                                      NO         NON-IO                           -2          FIXED
CYPRESS                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
HOUSTON                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
HOUSTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
SILSBEE                                                         NO         NON-IO                           -2          FIXED
ROSENBERG                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
LONGVIEW                                                        NO         NON-IO                           -2          FIXED-BALLOON
CANYON LAKE                                                     NO         NON-IO                           -2          FIXED
CEDAR PARK                                                      NO         NON-IO                           -2          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -2          FIXED
HUMBLE                                                          NO         NON-IO                           -2          FIXED
ORANGE                                                          NO         NON-IO                           -2          FIXED
DALLAS                                                          NO         NON-IO                           -2          FIXED
DALLAS                                                          NO         NON-IO                           -2          FIXED-BALLOON
LAREDO                                                          NO         NON-IO                           -2          FIXED
SEALY                                                           NO         NON-IO                           -2          FIXED
BAYTOWN                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
KATY                                                            NO         NON-IO                           -2          FIXED
MISSOURI CITY                                                   NO         NON-IO                           -2          FIXED
LA PORTE                                                        NO         NON-IO                           -2          FIXED
HUMBLE                                                          NO         NON-IO                           -2          FIXED
LEANDER                                                         NO         NON-IO                           -2          FIXED
CYPRESS                                                         NO         NON-IO                           -2          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -2          FIXED
DAYTON                                                          NO         NON-IO                           -2          FIXED
THE WOODLANDS                                                   NO         NON-IO                           -2          FIXED
BROWNSVILLE                                                     NO         NON-IO                           -2          FIXED
KYLE                                                            NO         NON-IO                           -2          FIXED
CORSICANA                                                       NO         NON-IO                           -2          FIXED-BALLOON
HUTTO                                                           NO         NON-IO                           -2          FIXED
PEARLAND                                                        NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
HUMBLE                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
DICKINSON                                                       NO         NON-IO                           -2          FIXED
PEARLAND                                                        NO         NON-IO                           -2          FIXED
PEARLAND                                                        NO         NON-IO                           -2          FIXED-BALLOON
BAYTOWN                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SAGINAW                                                         NO         NON-IO                           -4          FIXED-BALLOON
MESQUITE                                                        NO         NON-IO                           -3          FIXED-BALLOON
BOLIVAR                                                         NO         NON-IO                           -3          FIXED-BALLOON
OTTUMWA                                                         NO         NON-IO                           -3          FIXED
MARSHALLTOWN                                                    NO         NON-IO                           -3          FIXED-BALLOON
WYLIE                                                           NO         NON-IO                           -2          FIXED-BALLOON
HAYS                                                            NO         NON-IO                           -3          FIXED-BALLOON
GRINNELL                                                        NO         NON-IO                           -3          FIXED-BALLOON
ALLEN                                                           NO         NON-IO                           -2          FIXED-BALLOON
IOWA CITY                                                       NO         NON-IO                           -3          FIXED-BALLOON
FREEMONT                                                        NO         NON-IO                           -3          FIXED-BALLOON
NORFOLK                                                         NO         NON-IO                           -3          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
LUFKIN                                                          NO         NON-IO                           -2          FIXED-BALLOON
LEAGUE CITY                                                     NO         NON-IO                           -2          FIXED-BALLOON
TYLER                                                           NO         NON-IO                           -2          FIXED
KANSAS CITY                                                     NO         NON-IO                           -2          FIXED-BALLOON
SOUTH HOUSTON                           24                      NO         NON-IO                           -2          WSJ-6MLIBOR
LAREDO                                                          NO         NON-IO                           -3          FIXED
HOUSTON                                 24                      NO         NON-IO                           -4          WSJ-6MLIBOR
SUGAR LAND                                                      NO         NON-IO                           -3          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
CROSBY                                                          NO         NON-IO                           -3          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -2          FIXED
HIGHLANDS                                                       NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -4          FIXED-BALLOON
VIDOR                                   24                      NO         NON-IO                           -3          WSJ-6MLIBOR
HOUSTON                                                         NO         NON-IO                           -3          FIXED
LAKE CHARLES                                                    NO         NON-IO                           -3          FIXED
LUMBERTON                                                       NO         NON-IO                           -3          FIXED-BALLOON
SAN JUAN                                                        NO         NON-IO                           -3          FIXED-BALLOON
WACO                                                            NO         NON-IO                           -3          FIXED
KARNACK                                                         NO         NON-IO                           -3          FIXED-BALLOON
HORIZON                                                         NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
CEDAR PARK                                                      NO         NON-IO                           -2          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -3          FIXED
BAYTOWN                                                         NO         NON-IO                           -3          FIXED
CHANNELVIEW                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SAN ANTONIO                                                     NO         NON-IO                           -3          FIXED-BALLOON
MANOR                                                           NO         NON-IO                           -2          FIXED-BALLOON
FORT WORTH                                                      NO         NON-IO                           -3          FIXED-BALLOON
LEAGUE CITY                                                     NO         NON-IO                           -3          FIXED
SILSBEE                                                         NO         NON-IO                           -3          FIXED-BALLOON
SAN JUAN                                                        NO         NON-IO                           -3          FIXED-BALLOON
WILLIS                                                          NO         NON-IO                           -3          FIXED-BALLOON
HEMPSTEAD                                                       NO         NON-IO                           -3          FIXED-BALLOON
SAN ANTONIO                                                     NO         NON-IO                           -3          FIXED
HUMBLE                                                          NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
HUMBLE                                                          NO         NON-IO                           -3          FIXED-BALLOON
RIO GRANDE CITY                                                 NO         NON-IO                           -3          FIXED-BALLOON
LYTLE                                                           NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
TOMBALL                                                         NO         NON-IO                           -3          FIXED-BALLOON
RICHMOND                                                        NO         NON-IO                           -3          FIXED
AUSTIN                                                          NO         NON-IO                           -3          FIXED-BALLOON
BROWNSVILLE                                                     NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
CROSBY                                                          NO         NON-IO                           -3          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -3          FIXED
VICTORIA                                                        NO         NON-IO                           -3          FIXED-BALLOON
SAN ANTONIO                                                     NO         NON-IO                           -3          FIXED
SAN ANTONIO                                                     NO         NON-IO                           -3          FIXED
ROSENBERG                                                       NO         NON-IO                           -3          FIXED
BROWNSVILLE                                                     NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
SAN JUAN                                                        NO         NON-IO                           -3          FIXED
NEW CANEY                                                       NO         NON-IO                           -3          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -3          FIXED
BAYTOWN                                                         NO         NON-IO                           -3          FIXED
BROWNSVILLE                                                     NO         NON-IO                           -2          FIXED
LA PORTE                                                        NO         NON-IO                           -3          FIXED-BALLOON
LEWISVILLE                                                      NO         NON-IO                           -3          FIXED-BALLOON
HORIZON                                                         NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
VICTORIA                                                        NO         NON-IO                           -3          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -2          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED-BALLOON
MAGNOLIA                                                        NO         NON-IO                           -3          FIXED
AUSTIN                                                          NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
AUSTIN                                                         YES         3 YEARS                          33          FIXED
AUSTIN                                                          NO         NON-IO                           -3          FIXED-BALLOON
SPRING                                                          NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
SPRING                                                          NO         NON-IO                           -3          FIXED
HOUSTON                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
CYPRESS                                                         NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
SPRING                                                          NO         NON-IO                           -3          FIXED-BALLOON
HUMBLE                                                          NO         NON-IO                           -3          FIXED
HUMBLE                                                          NO         NON-IO                           -3          FIXED-BALLOON
EDINBURG                                                        NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED
BAYTOWN                                                         NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
DONNA                                                           NO         NON-IO                           -3          FIXED
EDINBURG                                                        NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -2          FIXED
FRESNO                                                          NO         NON-IO                           -3          FIXED
SAN ANTONIO                                                     NO         NON-IO                           -2          FIXED
SAN ANTONIO                                                     NO         NON-IO                           -3          FIXED
HOPKINS                                                         NO         NON-IO                           -3          FIXED
BAYTOWN                                                         NO         NON-IO                           -3          FIXED
KATY                                                            NO         NON-IO                           -3          FIXED
PENITAS                                                         NO         NON-IO                           -2          FIXED-BALLOON
SEA BROOK                                                       NO         NON-IO                           -2          FIXED-BALLOON
PENITAS                                                         NO         NON-IO                           -2          FIXED-BALLOON
SAN ANTONIO                                                     NO         NON-IO                           -2          FIXED-BALLOON
PFLUGERVILLE                                                    NO         NON-IO                           -2          FIXED
PENITAS                                                         NO         NON-IO                           -2          FIXED
EDINBURG                                                        NO         NON-IO                           -2          FIXED-BALLOON
KINGWOOD                                                        NO         NON-IO                           -2          FIXED
SPRING                                                          NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
VIDOR                                                           NO         NON-IO                           -3          FIXED
WINNIE                                                          NO         NON-IO                           -3          FIXED
GRANADA HILLS                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LAKE ELSINORE                                                   NO         NON-IO                           -3          FIXED-BALLOON
GRANADA HILLS                                                  YES         5 YEARS                          57          FIXED
HESPERIA                                                        NO         NON-IO                           -3          FIXED-BALLOON
RESEDA AREA                                                     NO         NON-IO                           -3          FIXED-BALLOON
SUN VALLEY                                                      NO         NON-IO                           -3          FIXED-BALLOON
MORENO VALLEY                                                   NO         NON-IO                           -3          FIXED-BALLOON
SOUTH GATE                                                      NO         NON-IO                           -3          FIXED-BALLOON
LOS ANGELES                             24                     YES         5 YEARS                          57          WSJ-6MLIBOR
RIVERSIDE                                                       NO         NON-IO                           -3          FIXED-BALLOON
DESERT HOT SPRI                         24                      NO         NON-IO                           -2          WSJ-6MLIBOR
DESERT HOT SPRI                                                 NO         NON-IO                           -2          FIXED-BALLOON
LA PUENTE                               60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
COSTA MESA                                                     YES         5 YEARS                          57          FIXED
COSTA MESA                                                      NO         NON-IO                           -3          FIXED-BALLOON
LAS VEGAS                                                       NO         NON-IO                           -3          FIXED-BALLOON
SUGARLOAF                                                       NO         NON-IO                           -3          FIXED-BALLOON
REDLANDS                                                        NO         NON-IO                           -3          FIXED-BALLOON
SANTA ANA                                                       NO         NON-IO                           -3          FIXED-BALLOON
SAN BERNARDINO                          24                     YES         5 YEARS                          57          WSJ-6MLIBOR
HIGHLAND                                                       YES         5 YEARS                          57          FIXED
LOS ANGELES                                                     NO         NON-IO                           -3          FIXED
FONTANA                                                         NO         NON-IO                           -3          FIXED-BALLOON
SANTA CRUZ                                                     YES         5 YEARS                          58          FIXED
BAKERSFIELD                                                    YES         5 YEARS                          57          FIXED
FONTANA AREA                                                   YES         5 YEARS                          57          FIXED
EL MONTE                                                        NO         NON-IO                           -3          FIXED-BALLOON
WESTMINSTER                                                    YES         5 YEARS                          57          FIXED
FONTANA                                                        YES         5 YEARS                          57          FIXED
GARDEN GROVE                                                    NO         NON-IO                           -3          FIXED-BALLOON
MORENO VALLEY                                                   NO         NON-IO                           -3          FIXED-BALLOON
LONG BEACH                                                      NO         NON-IO                           -3          FIXED-BALLOON
RIALTO                                                          NO         NON-IO                           -3          FIXED-BALLOON
NUEVO                                   60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
BAKERSFIELD                                                     NO         NON-IO                           -2          FIXED-BALLOON
LOS ANGELES                                                     NO         NON-IO                           -3          FIXED-BALLOON
PERRIS                                                         YES         5 YEARS                          57          FIXED
ONTARIO                                                         NO         NON-IO                           -3          FIXED
RIVERSIDE AREA                                                 YES         5 YEARS                          58          FIXED
HESPERIA                                                       YES         5 YEARS                          57          FIXED
ANAHEIM                                                         NO         NON-IO                           -2          FIXED-BALLOON
SANTA ANA                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
MONROVIA                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CORONA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LOS ANGELES                                                     NO         NON-IO                           -3          FIXED
SANTA ROSA BEAC                         24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LOS ANGELES                             60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
DOWNEY                                  60                     YES         5 YEARS                          58          1YR TRSRY-CMT
RICHMOND                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SAN DIEGO                                                      YES         5 YEARS                          58          FIXED
SAN DIEGO                                                       NO         NON-IO                           -2          FIXED
TEMECULA                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CATHEDRAL CITY                                                 YES         5 YEARS                          58          FIXED
HUNTINGTON BEAC                                                YES         5 YEARS                          58          FIXED
HIDDEN HILLS                                                   YES         5 YEARS                          58          FIXED
ESCONDIDO                                                      YES         5 YEARS                          58          FIXED
DESERT HOT SPRI                                                YES         5 YEARS                          58          FIXED
HEBER                                                          YES         5 YEARS                          58          FIXED
CHULA VISTA                                                     NO         NON-IO                           -2          FIXED
BRAWLEY                                                        YES         5 YEARS                          58          FIXED
CONWAY                                                          NO         NON-IO                           -4          FIXED-BALLOON
ROCKFORD                                                       YES         5 YEARS                          57          FIXED
LOS ANGELES                                                     NO         NON-IO                           -4          FIXED-BALLOON
LOS ANGELES                             24                     YES         5 YEARS                          57          WSJ-6MLIBOR
LOS ANGELES                                                     NO         NON-IO                           -3          FIXED-BALLOON
CHICAGO                                                         NO         NON-IO                           -3          FIXED-BALLOON
NORTHRIDGE AREA                                                 NO         NON-IO                           -3          FIXED-BALLOON
SANTA ANA                                                       NO         NON-IO                           -3          FIXED-BALLOON
APPLE VALLEY AR                                                 NO         NON-IO                           -3          FIXED-BALLOON
LAKEPORT                                24                     YES         5 YEARS                          56          WSJ-6MLIBOR
SURPRISE                                                       YES         5 YEARS                          57          FIXED
BAKERSFIELD                                                    YES         5 YEARS                          56          FIXED
BLOOMINGTON ARE                                                 NO         NON-IO                           -3          FIXED-BALLOON
ANAHEIM                                                         NO         NON-IO                           -3          FIXED-BALLOON
SAN DIEGO                                                       NO         NON-IO                           -3          FIXED-BALLOON
APPLE VALLEY                                                    NO         NON-IO                           -3          FIXED-BALLOON
OCEANSIDE                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
YUBA CITY                                                       NO         NON-IO                           -3          FIXED-BALLOON
SUN CITY                                                        NO         NON-IO                           -3          FIXED-BALLOON
CARLSBAD                                                        NO         NON-IO                           -3          FIXED-BALLOON
SAN DIEGO                                                      YES         5 YEARS                          57          FIXED
SAN YSIDRO                                                      NO         NON-IO                           -2          FIXED-BALLOON
MURRIETA                                                        NO         NON-IO                           -3          FIXED-BALLOON
SAN DIEGO                                                       NO         NON-IO                           -2          FIXED
EL CAJON                                                       YES         5 YEARS                          57          FIXED
EL CAJON                                                        NO         NON-IO                           -3          FIXED-BALLOON
SAN DIEGO                                6                     YES         5 YEARS                          57          WSJ-6MLIBOR
SAN DIEGO                                                      YES         5 YEARS                          57          FIXED
SHASTA LAKE                                                     NO         NON-IO                           -2          FIXED
PALM DESERT                                                     NO         NON-IO                           -3          FIXED
OCEANSIDE                                                       NO         NON-IO                           -3          FIXED-BALLOON
YUCAIPA                                                         NO         NON-IO                           -3          FIXED
ORANGEVALE                                                      NO         NON-IO                           -3          FIXED-BALLOON
OLIVEHURST                                                      NO         NON-IO                           -4          FIXED-BALLOON
RANCHO MURIETA                                                 YES         5 YEARS                          57          FIXED
SAN DIEGO                                                       NO         NON-IO                           -3          FIXED-BALLOON
MURRIETA                                                       YES         5 YEARS                          57          FIXED
HEBER                                                           NO         NON-IO                           -3          FIXED-BALLOON
ORANGE                                  24                     YES         5 YEARS                          57          WSJ-6MLIBOR
SAN DIEGO                                                      YES         5 YEARS                          58          FIXED
VIRGINIA CITY H                                                 NO         NON-IO                           -3          FIXED
RANCHO MIRAGE                                                  YES         5 YEARS                          57          FIXED
SAN JACINTO                                                     NO         NON-IO                           -2          FIXED
THOUSAND OAKS                                                   NO         NON-IO                           -3          FIXED-BALLOON
NORTH HIGHLANDS                                                 NO         NON-IO                           -3          FIXED-BALLOON
SAN DIEGO                               60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
HEBER                                                          YES         5 YEARS                          57          FIXED
SAN DIEGO                                                      YES         5 YEARS                          57          FIXED
SAN LORENZO                                                     NO         NON-IO                           -3          FIXED-BALLOON
COUPEVILLE                                                     YES         5 YEARS                          57          FIXED
LA QUINTA                                                       NO         NON-IO                           -3          FIXED
BENICIA                                                         NO         NON-IO                           -3          FIXED-BALLOON
SACRAMENTO                                                      NO         NON-IO                           -3          FIXED-BALLOON
SAN DIEGO                               60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
SOLANA BEACH                                                   YES         5 YEARS                          58          FIXED
HEMET                                                           NO         NON-IO                           -3          FIXED-BALLOON
ALISO VIEJO                             60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
MENIFEE                                 60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
MENIFEE                                                         NO         NON-IO                           -3          FIXED-BALLOON
INDIO                                                           NO         NON-IO                           -2          FIXED
SALINAS                                                         NO         NON-IO                           -2          FIXED
CHULA VISTA                             60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
BERKELEY                                36                      NO         NON-IO                           -2          WSJ-6MLIBOR
3443 MADISON AV                         60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
SACRAMENTO                                                      NO         NON-IO                           -3          FIXED-BALLOON
SAN JOSE                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
IMPERIAL BEACH                                                  NO         NON-IO                           -2          FIXED
RIVERSIDE                               60                     YES         5 YEARS                          58          WSJ-6MLIBOR
SAN JOSE                                                        NO         NON-IO                           -2          FIXED
SALIDA                                                          NO         NON-IO                           -2          FIXED-BALLOON
SAN DIEGO                                                       NO         NON-IO                           -2          FIXED
OAKDALE                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
MATHER                                                          NO         NON-IO                           -2          FIXED
SACRAMENTO                              60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
LINCOLN                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SOLANA BEACH                                                    NO         NON-IO                           -2          FIXED-BALLOON
STOCKTON                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SAN DIEGO                               60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
SAN JOSE                                60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
CHULA VISTA                             60                     YES         5 YEARS                          58          1YR TRSRY-CMT
CHULA VISTA                                                     NO         NON-IO                           -2          FIXED-BALLOON
SAN JOSE                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SAN JOSE                                                        NO         NON-IO                           -2          FIXED-BALLOON
ANTIOCH                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
HEBER                                   60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
LAKESIDE                                                        NO         NON-IO                           -2          FIXED
SIMI VALLEY                             60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
HOFFMAN ESTATES                                                 NO         NON-IO                           -3          FIXED-BALLOON
DETROIT                                                         NO         NON-IO                           -4          FIXED-BALLOON
MENAHGA                                                         NO         NON-IO                           -2          FIXED-BALLOON
DEKALB                                                          NO         NON-IO                           -3          FIXED
LOCKPORT                                                       YES         5 YEARS                          57          FIXED
OSWEGO                                                          NO         NON-IO                           -3          FIXED
HOUSTON                                                         NO         NON-IO                           -3          FIXED-BALLOON
GALVA                                                           NO         NON-IO                           -4          FIXED-BALLOON
IOLA                                                            NO         NON-IO                           -4          FIXED-BALLOON
COLLEGE STATION                                                 NO         NON-IO                           -3          FIXED-BALLOON
STANTON                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
DIAMOND BAR                                                     NO         NON-IO                           -2          FIXED
LAGUNA NIGUEL                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
MORENO VALLEY                           60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
ANAHEIM                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ONTARIO                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PERRIS                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
INGLEWOOD                               60                     YES         5 YEARS                          58          1YR TRSRY-CMT
INGLEWOOD                                                       NO         NON-IO                           -2          FIXED-BALLOON
FONTANA                                                        YES         5 YEARS                          58          FIXED
CORONA                                                         YES         5 YEARS                          58          FIXED
CORONA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CASTAIC                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
RIALTO                                                          NO         NON-IO                           -2          FIXED
EL CAJON                                                       YES         5 YEARS                          58          FIXED
LA HABRA                                                       YES         5 YEARS                          58          FIXED
NORTH HOLLYWOOD                         24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PACOIMA                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PACOIMA                                                         NO         NON-IO                           -2          FIXED-BALLOON
SAN BERNARDINO                          24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CORONA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LAKE ELSINORE                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
BALTIMORE                                                      YES         5 YEARS                          58          FIXED
AURORA                                                          NO         NON-IO                           -3          FIXED-BALLOON
AURORA                                                          NO         NON-IO                           -3          FIXED-BALLOON
DENVER                                                          NO         NON-IO                           -4          FIXED-BALLOON
MONUMENT                                36                     YES         5 YEARS                          56          WSJ-6MLIBOR
AURORA                                                          NO         NON-IO                           -3          FIXED-BALLOON
FARMINGTON                                                      NO         NON-IO                           -3          FIXED-BALLOON
STERLING                                                        NO         NON-IO                           -3          FIXED-BALLOON
DENVER                                                          NO         NON-IO                           -2          FIXED-BALLOON
COLORADO SPRING                                                 NO         NON-IO                           -3          FIXED-BALLOON
AURORA                                                          NO         NON-IO                           -3          FIXED-BALLOON
CENTENNIAL                                                     YES         5 YEARS                          57          FIXED
DENVER                                                          NO         NON-IO                           -3          FIXED-BALLOON
DENVER                                                          NO         NON-IO                           -3          FIXED-BALLOON
DENVER                                                         YES         5 YEARS                          57          FIXED
WESTMINSTER                                                     NO         NON-IO                           -3          FIXED-BALLOON
CARBONDALE                                                     YES         5 YEARS                          57          FIXED
CASTLE ROCK                             24                      NO         NON-IO                           -3          WSJ-6MLIBOR
CASTLE ROCK                                                     NO         NON-IO                           -3          FIXED-BALLOON
DENVER                                                          NO         NON-IO                           -3          FIXED-BALLOON
GREENWOOD VILLA                                                 NO         NON-IO                           -3          FIXED-BALLOON
DENVER                                                         YES         5 YEARS                          57          FIXED
DENVER                                                          NO         NON-IO                           -3          FIXED-BALLOON
WESTMINSTER                                                     NO         NON-IO                           -3          FIXED-BALLOON
THORNTON                                                       YES         5 YEARS                          57          FIXED
GREELEY                                                        YES         5 YEARS                          57          FIXED
LITTLETON                                                      YES         5 YEARS                          57          FIXED
FORT LUPTON                                                     NO         NON-IO                           -3          FIXED-BALLOON
ENGLEWOOD                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
DENVER                                                          NO         NON-IO                           -3          FIXED-BALLOON
GREELEY                                                         NO         NON-IO                           -3          FIXED-BALLOON
ALAMOSA                                 24                     YES         5 YEARS                          57          WSJ-6MLIBOR
ALAMOSA                                                         NO         NON-IO                           -3          FIXED-BALLOON
CHEYENNE                                                        NO         NON-IO                           -3          FIXED-BALLOON
CASTLE ROCK                                                     NO         NON-IO                           -3          FIXED
CARBONDALE                                                      NO         NON-IO                           -3          FIXED-BALLOON
DENVER                                                          NO         NON-IO                           -2          FIXED-BALLOON
LAS VEGAS                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
GLENROCK                                                        NO         NON-IO                           -2          FIXED-BALLOON
EVANS                                                           NO         NON-IO                           -3          FIXED-BALLOON
PLAIN CITY                              24                     YES         5 YEARS                          57          WSJ-6MLIBOR
COMMERCE CITY                           24                     YES         5 YEARS                          57          WSJ-6MLIBOR
AURORA                                  60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
PROVO                                   24                     YES         5 YEARS                          58          WSJ-6MLIBOR
BRIGHTON                                60                     YES         5 YEARS                          57          WSJ-1YRLIBOR
AURORA                                                          NO         NON-IO                           -3          FIXED-BALLOON
LONGMONT                                                        NO         NON-IO                           -3          FIXED-BALLOON
LITTLETON                               24                      NO         NON-IO                           -3          WSJ-6MLIBOR
COLORADO SPRING                                                 NO         NON-IO                           -2          FIXED
COMMERCE CITY                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
COMMERCE CITY                                                   NO         NON-IO                           -2          FIXED-BALLOON
AURORA                                                         YES         5 YEARS                          58          FIXED
DENVER                                  60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
COLORADO SPRING                                                 NO         NON-IO                           -2          FIXED-BALLOON
THORNTON                                60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
COLORADO SPRING                                                 NO         NON-IO                           -2          FIXED-BALLOON
AURORA                                  24                     YES         5 YEARS                          57          WSJ-6MLIBOR
WESTMINSTER                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
DENVER                                  60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
DENVER                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
NORTH LAS VEGAS                         24                     YES         5 YEARS                          58          WSJ-6MLIBOR
DENVER                                  24                      NO         NON-IO                           -2          WSJ-6MLIBOR
THORNTON                                60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
SANDY                                   60                      NO         NON-IO                           -2          1YR TRSRY-CMT
CASPER                                                          NO         NON-IO                           -2          FIXED
COMMERCE CITY                                                   NO         NON-IO                           -2          FIXED-BALLOON
TOOELE                                  60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
AMERICAN FORK                           60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
HAYDEN                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
WOODLAND PARK                           24                      NO         NON-IO                           -2          WSJ-6MLIBOR
COLORADO SPRING                         60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
BRIGHTON                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
CHEYENNE                                                        NO         NON-IO                           -2          FIXED
DENVER                                                         YES         5 YEARS                          58          FIXED
LONGMONT                                                        NO         NON-IO                           -2          FIXED-BALLOON
COLORADO SPRING                                                 NO         NON-IO                           -2          FIXED-BALLOON
JOHNSTOWN                                                       NO         NON-IO                           -2          FIXED-BALLOON
CAPE CORAL                              24                     YES         5 YEARS                          58          WSJ-1YRLIBOR
COMMERCE CITY                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
YORBA LINDA                                                     NO         NON-IO                           -2          FIXED
LAKEVILLE                               60                      NO         NON-IO                           -2          WSJ-1YRLIBOR
WESTMINSTER                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
NORFOLK                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
CHANNAHON                               36                     YES         5 YEARS                          55          WSJ-6MLIBOR
RED LION                                                        NO         NON-IO                           -3          FIXED
MINNEAPOLIS                                                     NO         NON-IO                           -3          FIXED-BALLOON
DETROIT                                                         NO         NON-IO                           -4          FIXED-BALLOON
URBANA                                  60                      NO         NON-IO                           -3          WSJ-1YRLIBOR
ALEDO                                                           NO         NON-IO                           -3          FIXED-BALLOON
DETROIT                                                         NO         NON-IO                           -4          FIXED-BALLOON
HAMMOND                                                         NO         NON-IO                           -3          FIXED-BALLOON
ADRIAN                                                          NO         NON-IO                           -3          FIXED-BALLOON
OAK FOREST                              24                      NO         NON-IO                           -3          WSJ-6MLIBOR
FORT BRANCH                                                     NO         NON-IO                           -4          FIXED
HOPKINSVILLE                            24                      NO         NON-IO                           -3          WSJ-6MLIBOR
CHICAGO                                 24                      NO         NON-IO                           -3          WSJ-6MLIBOR
DOLTON                                                          NO         NON-IO                           -3          FIXED
HENDERSON                                                       NO         NON-IO                           -3          FIXED
RIVERSIDE                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PACOIMA                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
FONTANA                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
BANNING                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
BANNING                                                         NO         NON-IO                           -2          FIXED-BALLOON
ADELANTO                                60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
ANAHEIM                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
CORONA                                  60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
COMPTON                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
HELENDALE AREA                          60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
HESPERIA                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ANAHEIM                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
(SAUGUS AREA) L                                                YES         5 YEARS                          58          FIXED
ANAHEIM                                 24                      NO         NON-IO                           -2          WSJ-6MLIBOR
ELMWOOD                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
PERRIS                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LOS ANGELES                             60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
RIALTO                                  60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
ORANGE (CITY)                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SANTA ANA                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ORANGE                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
AURORA                                  60                      NO         NON-IO                           -2          1YR TRSRY-CMT
FONTANA AREA                            24                     YES         5 YEARS                          58          WSJ-6MLIBOR
WINNETKA AREA                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
BELLFLOWER                              36                     YES         5 YEARS                          58          WSJ-6MLIBOR
POMONA                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
MURRIETA                                24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LAKE FOREST                                                     NO         NON-IO                           -2          FIXED-BALLOON
WEST COVINA                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
FONTANA                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
PARAMOUNT                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ANTIOCH                                                         NO         NON-IO                           -2          FIXED
SANTA ANA                               60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
WESTMINSTER                             24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SUISUN CITY                                                     NO         NON-IO                           -2          FIXED-BALLOON
FONTANA                                                         NO         NON-IO                           -2          FIXED
HEMET                                   60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
LINDEN                                                          NO         NON-IO                           -2          FIXED
LOS ANGELES                             24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LADERA RANCH AR                         60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
RIVERSIDE                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ANAHEIM                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
MORENO VALLEY                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
MORENO VALLEY                           60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
OAKLAND                                                         NO         NON-IO                           -3          FIXED-BALLOON
ORANGE                                  24                     YES         5 YEARS                          58          WSJ-6MLIBOR
HIGHLAND AREA                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SANTA ANA                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
BAKERSFIELD                             60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
GRAND TERRACE                           24                      NO         NON-IO                           -3          WSJ-6MLIBOR
SANTA ANA                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
RIALTO                                  60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
SAN BERNARDINO                          24                     YES         5 YEARS                          58          WSJ-6MLIBOR
GARDEN GROVE                                                    NO         NON-IO                           -2          FIXED-BALLOON
GARDENA                                                         NO         NON-IO                           -3          FIXED
SANTA ANA                                                       NO         NON-IO                           -3          FIXED
SANTA ANA                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
LOS ANGELES                                                     NO         NON-IO                           -3          FIXED
NORWALK                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
BEAUMONT                                24                     YES         5 YEARS                          57          WSJ-6MLIBOR
SOUTH GATE                                                      NO         NON-IO                           -3          FIXED-BALLOON
SANTA ANA                               24                      NO         NON-IO                           -2          WSJ-6MLIBOR
SANTA ANA                               24                     YES         5 YEARS                          58          WSJ-6MLIBOR
RIALTO                                  60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
RIVERSIDE                               24                     YES         5 YEARS                          57          WSJ-6MLIBOR
PERRIS                                                         YES         5 YEARS                          58          FIXED
ANAHEIM                                 60                     YES         5 YEARS                          58          WSJ-1YRLIBOR
SANTA CLARITA                           24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SAN FERNANDO                            24                     YES         5 YEARS                          58          WSJ-6MLIBOR
ANAHEIM                                 24                     YES         5 YEARS                          58          WSJ-6MLIBOR
SARATOGA SPRING                         24                     YES         5 YEARS                          55          WSJ-6MLIBOR
CHICAGO                                 24                     YES         5 YEARS                          56          WSJ-6MLIBOR
HOUSTON                                                         NO         NON-IO                           -6          FIXED-BALLOON
SAN ANTONIO                                                     NO         NON-IO                           -6          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -5          FIXED-BALLOON
CROSBY                                                          NO         NON-IO                           -5          FIXED-BALLOON
HOUSTON                                                         NO         NON-IO                           -5          FIXED-BALLOON
HUTTO                                                           NO         NON-IO                           -6          FIXED-BALLOON
HI HAT                                  24                      NO         NON-IO                           -5          WSJ-6MLIBOR
WYLIE                                   24                      NO         NON-IO                           -6          WSJ-6MLIBOR
MURFREESBORO                            24                      NO         NON-IO                           -6          WSJ-6MLIBOR
BLUE RIDGE                                                      NO         NON-IO                           -5          FIXED
LARGO                                                           NO         NON-IO                           -5          FIXED-BALLOON
KINGMAN                                 24                      NO         NON-IO                           -6          WSJ-6MLIBOR
WAMEGO                                                          NO         NON-IO                           -6          FIXED-BALLOON
KANSAS CITY                             24                      NO         NON-IO                           -5          WSJ-6MLIBOR
LEES SUMMIT                             24                     YES         5 YEARS                          55          WSJ-6MLIBOR
HESPERIA                                24                     YES         5 YEARS                          54          WSJ-6MLIBOR
TOWNSEND                                24                      NO         NON-IO                           -8          WSJ-6MLIBOR
YUBA CITY                                                       NO         NON-IO                           -6          FIXED-BALLOON

CITY1                     RATE_FREQ         PAY_FREQ                NEXT_RATE_ADJ_DATE1               NEXT_PAY_ADJ_DATE1        ROLL
------------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                     0                0                                                                                 0
BIG BEAR CITY                  0                0                                                                                 0
JAMUL                         12               12                           20120101                         20120201            59
JAMUL                          0                0                                                                                 0
HENDERSON                      6                6                           20081201                         20090101            22
BALDWIN PARK                   6                6                           20090101                         20090201            23
BONIFAY                        0                0                                                                                 0
AVENUE BLOOMING                6                6                           20081201                         20090101            22
AVENUE BLOOMING                0                0                                                                                 0
STANTON                        6                6                           20081201                         20090101            22
RIVERSIDE AREA                 0                0                                                                                 0
APPLE VALLEY                   0                0                                                                                 0
CANYON COUNTRY                 0                0                                                                                 0
LAKE ELSINORE                  6                6                           20090101                         20090201            23
LAKE ELSINORE                  0                0                                                                                 0
LOMITA                         0                0                                                                                 0
LOS ANGELES                    6                6                           20090101                         20090201            23
RAWLINS                        0                0                                                                                 0
AURORA                         6                6                           20091201                         20100101            34
CHULA VISTA                    0                0                                                                                 0
SOUTH PLAINFIEL                0                0                                                                                 0
OAKLEY                         0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
SAN MARCOS                    12               12                           20120101                         20120201            59
SAN MARCOS                     0                0                                                                                 0
TEMECULA                       0                0                                                                                 0
TEMECULA                       0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
HIGLEY                         0                0                                                                                 0
BIG BEAR CITY                  0                0                                                                                 0
SALINAS                        0                0                                                                                 0
SALINAS                        0                0                                                                                 0
MURRIETA                       0                0                                                                                 0
MENIFEE                       12               12                           20111201                         20120101            58
ALTON                         12               12                           20120101                         20120201            59
CLIFTON                       12               12                           20120101                         20120201            59
EL SOBRANTE                    0                0                                                                                 0
KELLER                         0                0                                                                                 0
LANCASTER                      0                0                                                                                 0
PALMDALE                       6                6                           20081201                         20090101            22
EVERETT                        6                6                           20080801                         20080901            18
RESEDA                        12               12                           20111101                         20111201            57
SCOTTSDALE                     6                6                           20081201                         20090101            22
EL SOBRANTE                    6                6                           20090101                         20090201            23
EAST ORANGE                    0                0                                                                                 0
FRISCO                         0                0                                                                                 0
COSTA MESA                     6                6                           20081201                         20090101            22
PUYALLUP                       0                0                                                                                 0
COLLIERVILLE                   0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
SAINT LOUIS                    0                0                                                                                 0
SEATTLE                        6                6                           20081201                         20090101            22
SEATTLE                        0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
LOVES PARK                     0                0                                                                                 0
COEUR D ALENE                  0                0                                                                                 0
SEATAC                         0                0                                                                                 0
LOS ANGELES                    0                0                                                                                 0
LOS ANGELES                    0                0                                                                                 0
BATESVILLE                     6                6                           20081201                         20090101            22
DELRAY BEACH                   6                6                           20081101                         20081201            21
CITY OF UPLAND                12               12                           20111201                         20120101            58
SAINT LOUIS                    0                0                                                                                 0
FORT SMITH                     0                0                                                                                 0
LOS ANGELES                    6                6                           20081201                         20090101            22
FONTANA                        0                0                                                                                 0
LAMAR                          0                0                                                                                 0
OXON HILL                      0                0                                                                                 0
FAIRHAVEN                      0                0                                                                                 0
HYANNIS                        0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
HUNTINGTON PARK                0                0                                                                                 0
CAPE GIRARDEAU                 6                6                           20081201                         20090101            22
WYOMING                        6                6                           20081101                         20081201            21
BALTIMORE                      0                0                                                                                 0
BURBANK                        0                0                                                                                 0
SPOKANE                        0                0                                                                                 0
CLOVIS                         0                0                                                                                 0
SPRING VALLEY                  6                6                           20081201                         20090101            22
MURRIETA                       0                0                                                                                 0
FLOSSMOOR                      0                0                                                                                 0
BELVIDERE                      0                0                                                                                 0
PFLUGERVILLE                   0                0                                                                                 0
GALENA PARK                    0                0                                                                                 0
COLUMBIA                       0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
WEST LINN                      0                0                                                                                 0
TOMBALL                        0                0                                                                                 0
WEST VALLEY CIT                0                0                                                                                 0
HOUSTON                        6                6                           20081201                         20090101            22
LONG BEACH                     0                0                                                                                 0
KISSIMMEE                      6                6                           20081101                         20081201            21
KATY                           6                6                           20081201                         20090101            22
TAMPA                          0                0                                                                                 0
YOUNGSTOWN                     6                6                           20081201                         20090101            22
PALO                          12               12                           20111101                         20111201            57
LYNN                           0                0                                                                                 0
TURRELL                        0                0                                                                                 0
PEMBROKE PINES                 0                0                                                                                 0
LITTLETON                      0                0                                                                                 0
FORT VALLEY                    6                6                           20080901                         20081001            19
SAN BERNARDINO                 0                0                                                                                 0
PHENIX                         6                6                           20080901                         20081001            19
OAK PARK                       0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
LONG BEACH                     0                0                                                                                 0
WICHITA                        0                0                                                                                 0
CORONA                         6                6                           20081201                         20090101            22
PUTNAM CT 06260                0                0                                                                                 0
WHITTIER AREA                  0                0                                                                                 0
QUARTZ HILL ARE                0                0                                                                                 0
KANSAS CITY                    6                6                           20081201                         20090101            22
SAN JUAN                       0                0                                                                                 0
NEWTON                         0                0                                                                                 0
MAQUOKETA                      0                0                                                                                 0
PRAIRIE CITY                   0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
EAGLE MOUNTAIN                 0                0                                                                                 0
YORBA LINDA                    0                0                                                                                 0
INGLEWOOD                      6                6                           20081101                         20081201            21
MINDEN                         0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
IOLA                           0                0                                                                                 0
KANSAS CITY                    6                6                           20081101                         20081201            21
SAINT LOUIS                    6                6                           20081101                         20081201            21
HOUSTON                        6                6                           20081101                         20081201            21
CHICAGO                        0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
FLORISSANT                     0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
ISSAQUAH                       0                0                                                                                 0
FRESNO                         0                0                                                                                 0
REDMOND                        6                6                           20081001                         20081101            20
CHICAGO                       12               12                           20111201                         20120101            58
COSTA MESA                     0                0                                                                                 0
TEMPE                          6                6                           20081201                         20090101            22
CARROLLTON                     0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
UNIC AREA OF LA                0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
SAINT LOUIS                    0                0                                                                                 0
OMAHA                          6                6                           20090101                         20090201            23
DAVENPORT                      0                0                                                                                 0
DAVENPORT                      0                0                                                                                 0
LEAVENWORTH                    6                6                           20081201                         20090101            22
SPANAWAY                       0                0                                                                                 0
PORT ORCHARD                   0                0                                                                                 0
POST FALLS                     6                6                           20090101                         20090201            23
POST FALLS                     0                0                                                                                 0
IONA                           6                6                           20090101                         20090201            23
POULSBO                        0                0                                                                                 0
BELLINGHAM                     6                6                           20090101                         20090201            23
SPANAWAY                      12               12                           20120101                         20120201            59
GERVAIS                        6                6                           20081201                         20090101            22
HARRISBURG                     0                0                                                                                 0
HARRISBURG                     0                0                                                                                 0
TACOMA                         6                6                           20090101                         20090201            23
VANCOUVER                      0                0                                                                                 0
NORTH LAS VEGAS                0                0                                                                                 0
NORTH LAS VEGAS                0                0                                                                                 0
BURLINGTON                     0                0                                                                                 0
PORT ORCHARD                   6                6                           20090101                         20090201            23
ONTARIO                        0                0                                                                                 0
APPLE VALLEY                  12               12                           20111201                         20120101            58
120-120 1/2 41S                6                6                           20090101                         20090201            23
NORWALK                       12               12                           20120101                         20120201            59
NORWALK                        0                0                                                                                 0
CARSON                         6                6                           20081201                         20090101            22
120-120 1/2 41S                0                0                                                                                 0
LONG BEACH                     0                0                                                                                 0
WINNETKA                       6                6                           20090101                         20090201            23
WINNETKA                       0                0                                                                                 0
RIVERSIDE                      0                0                                                                                 0
AREA OF LOS ANG               12               12                           20120101                         20120201            59
LONG BEACH                     0                0                                                                                 0
REDONDO BEACH                 12               12                           20111201                         20120101            58
SURPRISE                       0                0                                                                                 0
RANCHO CUCAMONG                6                6                           20081201                         20090101            22
ORANGE                         6                6                           20081201                         20090101            22
ORANGE                         0                0                                                                                 0
FONTANA                        6                6                           20081201                         20090101            22
(STUDIO CITY AR                6                6                           20081201                         20090101            22
PALMDALE                      12               12                           20111201                         20120101            58
HEMET                         12               12                           20111201                         20120101            58
LOS ANGELES                    0                0                                                                                 0
LOS ANGELES                    6                6                           20081201                         20090101            22
LOS ANGELES                    0                0                                                                                 0
SAN BERNARDINO                 6                6                           20081201                         20090101            22
FONTANA                        6                6                           20081201                         20090101            22
LOS ANGELES                   12               12                           20111201                         20120101            58
LONG BEACH                     0                0                                                                                 0
(LA PUENTE AREA                6                6                           20081201                         20090101            22
VAN NUYS AREA L                0                0                                                                                 0
SAN DIMAS                      6                6                           20081201                         20090101            22
OXNARD                         0                0                                                                                 0
AREA OF HEMET                  6                6                           20081201                         20090101            22
HESPERIA                       6                6                           20081201                         20090101            22
STOCKTON                      12               12                           20111201                         20120101            58
LAKEWOOD                       6                6                           20081201                         20090101            22
FONTANA                        6                6                           20081201                         20090101            22
LAWNDALE                       0                0                                                                                 0
CANOGA PARK ARE                6                6                           20081201                         20090101            22
FALLBROOK                     12               12                           20111201                         20120101            58
LAS VEGAS                      6                6                           20081201                         20091201            22
LOS ANGELES                   12               12                           20111201                         20120101            58
COMPTON                       12               12                           20111201                         20120101            58
BALDWIN PARK                   6                6                           20081201                         20090101            22
CYPRESS                        6                6                           20111201                         20120101            58
COMPTON                        6                6                           20081201                         20090101            22
LOS ANGELES                    6                6                           20081201                         20090101            22
LOS ANGELES                   12               12                           20111201                         20120101            58
LONG BEACH                    12               12                           20111201                         20120101            58
LONG BEACH                     0                0                                                                                 0
SANTA ANA                      0                0                                                                                 0
LOS ANGELES                    6                6                           20081201                         20090101            22
SAN DIEGO                      6                6                           20081201                         20090101            22
AREA OF SYLMAR                 6                6                           20081201                         20090101            22
CHINO                          6                6                           20081201                         20090101            22
AREA OF BLOOMIN                0                0                                                                                 0
LOS ANGELES                    6                6                           20081201                         20090101            22
(COMPTON AREA)                12               12                           20111201                         20120101            58
PROVO                          6                6                           20081201                         20090101            22
ADELANTO                       6                6                           20081201                         20090101            22
KENNEWICK                      6                6                           20081201                         20090101            22
PORTLAND                       6                6                           20081201                         20090101            22
COEUR D ALENE                  6                6                           20081201                         20090101            22
EATONVILLE                     6                6                           20081201                         20090101            22
FEDERAL WAY                    0                0                                                                                 0
PORTLAND                       0                0                                                                                 0
RENTON                        12               12                           20111101                         20111201            57
SPANAWAY                       6                6                           20081201                         20090101            22
SPANAWAY                       0                0                                                                                 0
SEATTLE                        6                6                           20081201                         20090101            22
SUMNER                         6                6                           20081201                         20090101            22
LAKE FOREST                    6                6                           20091201                         20100101            34
MARYSVILLE                     6                6                           20081201                         20090101            22
ASHFORD                        0                0                                                                                 0
RATHDRUM                       6                6                           20081201                         20090101            22
ABERDEEN                       6                6                           20081201                         20090101            22
MILWAUKIE                      0                0                                                                                 0
REDMOND                        6                6                           20081201                         20090101            22
TACOMA                        12               12                           20111201                         20120101            58
PUYALLUP                       6                6                           20081201                         20090101            22
PUYALLUP                      12               12                           20111201                         20120101            58
KENNEWICK                      0                0                                                                                 0
PORTLAND                       6                6                           20091201                         20100101            34
MULWAUKIE                      0                0                                                                                 0
MALAGA                         0                0                                                                                 0
PORT ORCHARD                   0                0                                                                                 0
BUCKLEY                        6                6                           20081201                         20090101            22
BONNEY LAKE                    0                0                                                                                 0
NAMPA                          6                6                           20081201                         20090101            22
TACOMA                         6                6                           20081201                         20090101            22
TACOMA                         0                0                                                                                 0
LAKEWOOD                       0                0                                                                                 0
OLYMPIA                        6                6                           20081201                         20090101            22
COEUR D ALENE                  0                0                                                                                 0
TACOMA                         6                6                           20081201                         20090101            22
SPOKANE                        6                6                           20081201                         20090101            22
SEATTLE                        6                6                           20081201                         20090101            22
ABERDEEN                       6                6                           20081201                         20090101            22
COVINGTON                      6                6                           20081201                         20090101            22
TACOMA                         6                6                           20081201                         20090101            22
EUGENE                        12               12                           20111201                         20120101            58
TACOMA                         6                6                           20081201                         20090101            22
PHOENIX                        6                6                           20081201                         20090101            22
SUMNER                         6                6                           20081201                         20090101            22
EUGENE                         0                0                                                                                 0
SEATTLE                        6                6                           20081201                         20090101            22
WOODINVILLE                    0                0                                                                                 0
TACOMA                         6                6                           20081201                         20090101            22
SHELTON                        6                6                           20081201                         20090101            22
EVERETT                        6                6                           20081201                         20090101            22
PASADENA                       0                0                                                                                 0
SIMI VALLEY                    6                6                           20081201                         20090101            22
VICTORVILLE                    6                6                           20081101                         20081201            21
PALMDALE                       6                6                           20081101                         20081201            21
LOS ANGELES                    0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
BUENA PARK                     6                6                           20081201                         20090101            22
TRABUCO CANYON                 6                6                           20081101                         20081201            21
CHATSWORTH                     6                6                           20081201                         20090101            22
CORONA                         0                0                                                                                 0
BELLFLOWER                     0                0                                                                                 0
LOS ANGELES                    6                6                           20081201                         20090101            22
HAWTHORNE                      6                6                           20081201                         20090101            22
IRVINE                         0                0                                                                                 0
SANTA PAULA                    0                0                                                                                 0
LAKEWOOD                       0                0                                                                                 0
ALHAMBRA                       6                6                           20081201                         20090101            22
SACRAMENTO                     0                0                                                                                 0
LOS ANGELES                   12               12                           20111201                         20120101            58
SAN BERNARDINO                 6                6                           20081201                         20090101            22
STOCKTON                       6                6                           20081201                         20090101            22
LONG BEACH                    12               12                           20111101                         20111201            57
KLAMATH FALLS                  6                6                           20081101                         20081201            21
BELLINGHAM                     0                0                                                                                 0
PORTLAND                       0                0                                                                                 0
PUYALLUP                       6                6                           20081101                         20081201            21
TACOMA                         6                6                           20081201                         20090101            22
WASILLA                        0                0                                                                                 0
SPOKANE                        6                6                           20081201                         20090101            22
WENDELL                        0                0                                                                                 0
PAYETTE                        0                0                                                                                 0
TACOMA                         0                0                                                                                 0
SUQUAMISH                      0                0                                                                                 0
PORTLAND                       0                0                                                                                 0
TACOMA                         0                0                                                                                 0
PUYALLUP                       0                0                                                                                 0
UNIVERSITY PLAC                0                0                                                                                 0
COVINGTON                      0                0                                                                                 0
TWIN FALLS                     0                0                                                                                 0
GIG HARBOR                     6                6                           20081101                         20081201            21
SHELTON                        0                0                                                                                 0
PORTLAND                       6                6                           20081101                         20081201            21
SPRINGFIELD                    0                0                                                                                 0
SEDRO WOOLLEY                  0                0                                                                                 0
REPUBLIC                       0                0                                                                                 0
ABERDEEN                       6                6                           20081101                         20081201            21
OTHELLO                        0                0                                                                                 0
BOTHELL                        0                0                                                                                 0
SPOKANE                        0                0                                                                                 0
SPOKANE                        0                0                                                                                 0
VALHALLA                       0                0                                                                                 0
MONCKS CORNER                  0                0                                                                                 0
BANGOR                         0                0                                                                                 0
TRENTON                        6                6                           20090101                         20090201            23
LANHAM                         0                0                                                                                 0
LOWELL                         0                0                                                                                 0
LOWELL                         0                0                                                                                 0
CALUMET CITY                  12               12                           20120101                         20120201            59
CALUMET CITY                   0                0                                                                                 0
TOWER CITY                     0                0                                                                                 0
MARKHAM                        0                0                                                                                 0
SAINT CLAIR SHO                6                6                           20081201                         20090101            22
ATLANTA                        0                0                                                                                 0
MONTICELLO                     0                0                                                                                 0
NORRIDGE                      12               12                           20120101                         20120201            59
BROOKLYN PARK                  0                0                                                                                 0
DETROIT                        6                6                           20090101                         20090201            23
DETROIT                        0                0                                                                                 0
CANTON                         0                0                                                                                 0
BOYNTON BEACH                  0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
DECATUR                        0                0                                                                                 0
GARY                           0                0                                                                                 0
GARY                           0                0                                                                                 0
HAMPTON                        0                0                                                                                 0
ADDISON                        0                0                                                                                 0
PALATINE                       6                6                           20090101                         20090201            23
ROBBINSDALE                    0                0                                                                                 0
LITTLE FALLS                   0                0                                                                                 0
PRINCETON                      0                0                                                                                 0
BROOKLYN PARK                  6                6                           20100101                         20100201            35
BROOKLYN PARK                  0                0                                                                                 0
LAND O LAKES                   0                0                                                                                 0
CHASKA                         0                0                                                                                 0
SAINT PAUL                     0                0                                                                                 0
HANOVER PARK                  12               12                           20120101                         20120201            59
BUCKEYE                        6                6                           20081201                         20090101            22
KINGMAN                        6                6                           20090101                         20090201            23
LAS VEGAS                      6                6                           20090101                         20090201            23
PHOENIX                        6                6                           20090101                         20090201            23
KANSAS CITY                    0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
DETROIT                        0                0                                                                                 0
CHADWICK                       0                0                                                                                 0
RICHMOND                       0                0                                                                                 0
NEW BEDFORD                    0                0                                                                                 0
RICHMOND                       0                0                                                                                 0
COLUMBIA                       6                6                           20091201                         20100101            34
BANGOR                         0                0                                                                                 0
NASHUA                         0                0                                                                                 0
CHARLOTTE                      0                0                                                                                 0
DETROIT                        0                0                                                                                 0
CROWLEY                        0                0                                                                                 0
MIAMI                          0                0                                                                                 0
RIDGELAND                      0                0                                                                                 0
RAILROAD FLAT                  0                0                                                                                 0
LANCASTER                      0                0                                                                                 0
RIDGELAND                      0                0                                                                                 0
HALSTEAD                       6                6                           20100101                         20100201            35
GILBERT                        0                0                                                                                 0
GILBERT                        0                0                                                                                 0
DETROIT                        0                0                                                                                 0
BRYAN                          0                0                                                                                 0
LITTLE RIVER AC                0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
LAREDO                         0                0                                                                                 0
LAREDO                         0                0                                                                                 0
HOUSTON                        6                6                           20081201                         20090101            22
KINGWOOD                       0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
BAYTOWN                        0                0                                                                                 0
LA PORTE                       0                0                                                                                 0
BAYTOWN                        0                0                                                                                 0
BACLIFF                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
AUSTIN                         0                0                                                                                 0
DEER PARK                      0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
FORT WORTH                     6                6                           20081201                         20090101            22
COLUMBIA                       0                0                                                                                 0
JENKS                          0                0                                                                                 0
MONCKS CORNER                  0                0                                                                                 0
EL PASO                        0                0                                                                                 0
SAN ANTONIO                    6                6                           20081201                         20090101            22
CARROLLTON                     0                0                                                                                 0
CARROLLTON                     6                6                           20081201                         20090101            22
GARLAND                        0                0                                                                                 0
EL PASO                        0                0                                                                                 0
BOLIVAR                        0                0                                                                                 0
ARLINGTON                      0                0                                                                                 0
DALLAS                         6                6                           20090101                         20090201            23
MEMPHIS                        0                0                                                                                 0
HITCHCOCK                      0                0                                                                                 0
DESOTO                         0                0                                                                                 0
ATHENS                         6                6                           20081201                         20090101            22
BOWIE                          0                0                                                                                 0
BEDFORD                        0                0                                                                                 0
DENISON                        0                0                                                                                 0
SAN MARCOS                    12               12                           20111201                         20120101            58
CEDAR HILL                     0                0                                                                                 0
GLENN HEIGHTS                  0                0                                                                                 0
IRVING                         0                0                                                                                 0
PRYOR                          0                0                                                                                 0
ROWLETT                        0                0                                                                                 0
BURLESON                       0                0                                                                                 0
BOWIE                          0                0                                                                                 0
BALCH SPRINGS                  0                0                                                                                 0
BALCH SPRINGS                  0                0                                                                                 0
MCKINNEY                       0                0                                                                                 0
DALLAS                         0                0                                                                                 0
WICHITA FALLS                  0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
GRAND PRAIRIE                  0                0                                                                                 0
BOWIE                          6                6                           20090101                         20090201            23
GULFPORT                       0                0                                                                                 0
MAYNARDVILLE                  12               12                           20120101                         20120201            59
VILONIA                        6                6                           20081201                         20090101            22
EL PASO                        0                0                                                                                 0
FORT WORTH                     6                6                           20081001                         20081101            20
VICTORIA                       6                6                           20091201                         20100101            34
LOWRY CROSSING                 0                0                                                                                 0
HAYDEN                         0                0                                                                                 0
TELEPHONE                      0                0                                                                                 0
GRAND PRAIRIE                  6                6                           20081201                         20090101            22
HOUSTON                        0                0                                                                                 0
STANHOPE                       0                0                                                                                 0
PORT NECHES                    0                0                                                                                 0
RICHMOND                       0                0                                                                                 0
DALLAS                         0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
WILLIS                         0                0                                                                                 0
KYLE                           0                0                                                                                 0
HUMBLE                         0                0                                                                                 0
HUNTSVILLE                     0                0                                                                                 0
WILLIS                         0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
KATY                           0                0                                                                                 0
HORIZON CITY                   6                6                           20081201                         20090101            22
NEW BRAUNFELS                  0                0                                                                                 0
PASADENA                       0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
LEANDER                        0                0                                                                                 0
S. OGDEN                       6                6                           20081201                         20090101            22
BILLINGS                       6                6                           20081201                         20090101            22
TOOELE                         6                6                           20081201                         20090101            22
LEHI                           0                0                                                                                 0
WEST VALLEY                    6                6                           20081201                         20090101            22
SAINT GEORGE                   6                6                           20081201                         20090101            22
COLORADO SPRING                0                0                                                                                 0
WALDORF                        0                0                                                                                 0
OWINGS MILLS                   6                6                           20081201                         20090101            22
CHICAGO                        6                6                           20081001                         20081101            20
CHICAGO                        0                0                                                                                 0
GLENDALE HEIGHT                0                0                                                                                 0
LA MARQUE                      6                6                           20080801                         20080901            18
LAKE JACKSON                   0                0                                                                                 0
EL PASO                        0                0                                                                                 0
SHOREACRES                     0                0                                                                                 0
EDINBURG                       0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
MONTGOMERY                     6                6                           20081201                         20090101            22
ANGLETON                       0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
MAGNOLIA                       0                0                                                                                 0
LEADWOOD                       6                6                           20081201                         20090101            22
ST. LOUIS                      0                0                                                                                 0
LINCOLN                        0                0                                                                                 0
MILFORD                        0                0                                                                                 0
SAINT LOUIS                    6                6                           20081101                         20081201            21
JESUP                          0                0                                                                                 0
LEAVENWORTH                    0                0                                                                                 0
MASON CITY                     0                0                                                                                 0
INDEPENDENCE                   0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
ST. LOUIS                      0                0                                                                                 0
BLAIR                          6                6                           20081101                         20081201            21
KANSAS CITY                    0                0                                                                                 0
DES MOINES                     0                0                                                                                 0
OMAHA                          0                0                                                                                 0
RAYMORE                        0                0                                                                                 0
SAINT LOUIS                    6                6                           20081101                         20081201            21
FREEBURG                       0                0                                                                                 0
COUNCIL BLUFFS                 6                6                           20081101                         20081201            21
OLATHE                         0                0                                                                                 0
ST. LOUIS                      0                0                                                                                 0
CANTON                         6                6                           20081101                         20081201            21
SIBLEY                         6                6                           20081201                         20090101            22
SAINT LOUIS                    6                6                           20081201                         20090101            22
TIFFIN                         0                0                                                                                 0
LEE'S SUMMIT                   0                0                                                                                 0
KANSAS CITY                    6                6                           20081201                         20090101            22
KANSAS CITY                    6                6                           20081201                         20090101            22
SAINT LOUIS                    6                6                           20081201                         20090101            22
COUNCIL BLUFFS                 6                6                           20081201                         20090101            22
KANSAS CITY                    6                6                           20081201                         20090101            22
SAINT LOUIS                    6                6                           20081201                         20090101            22
KANSAS CITY                    6                6                           20081201                         20090101            22
ST. LOUIS                      6                6                           20091201                         20100101            34
LEON                           6                6                           20081201                         20090101            22
BELLEVUE                       6                6                           20081201                         20090101            22
WICHITA                        0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
KANSAS CITY                    6                6                           20081201                         20090101            22
OMAHA                          6                6                           20081201                         20090101            22
KANSAS CITY                    0                0                                                                                 0
OVERLAND PARK                  6                6                           20081201                         20090101            22
HUTCHINSON                     6                6                           20081201                         20090101            22
BATES CITY                     0                0                                                                                 0
COSBY                          6                6                           20081201                         20090101            22
WENATCHEE                      6                6                           20081001                         20081101            20
WEST LINN                      0                0                                                                                 0
BREMERTON                      0                0                                                                                 0
PORTLAND                       0                0                                                                                 0
CAMARILLO                      0                0                                                                                 0
QUARTZ HILL ARE                6                6                           20081101                         20081201            21
CARSON                         0                0                                                                                 0
APPLE VALLEY AR                0                0                                                                                 0
BUENA PARK                     6                6                           20081101                         20081201            21
QUARTZ HILL ARE                0                0                                                                                 0
WILMINGTON AREA                0                0                                                                                 0
LOS ANGELES                    0                0                                                                                 0
ADELANTO                       0                0                                                                                 0
LANCASTER AREA                 0                0                                                                                 0
NIPOMO                         0                0                                                                                 0
CORONA                         6                6                           20081201                         20090101            22
VENTURA (AREA O                0                0                                                                                 0
NORTHRIDGE AREA                0                0                                                                                 0
NORTHRIDGE AREA                0                0                                                                                 0
WOODLAND HILLS                 6                6                           20081201                         20090101            22
POMONA                         6                6                           20081201                         20090101            22
VICTORVILLE                   12               12                           20111201                         20120101            58
HEMET                          0                0                                                                                 0
MATTAWA                        0                0                                                                                 0
COEUR D ALENE                  6                6                           20081201                         20090101            22
IDAHO FALLS                    0                0                                                                                 0
SPOKANE                        6                6                           20091001                         20091101            32
EVERETT                        0                0                                                                                 0
SPOKANE                        0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
CEDAR RAPIDS                   6                6                           20081101                         20081201            21
OVERLAND PARK                  0                0                                                                                 0
DES MOINES                     0                0                                                                                 0
MAQUOKETA                      0                0                                                                                 0
ST. PETERS                     6                6                           20081101                         20081201            21
GARDNER                        0                0                                                                                 0
ABBYVILLE                      6                6                           20081101                         20081201            21
ST. LOUIS                      6                6                           20081101                         20081201            21
DES MOINES                     0                0                                                                                 0
MAQUOKETA                      0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
PERRY                          0                0                                                                                 0
OVERLAND PARK                  0                0                                                                                 0
OLATHE                         0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
GRANDVIEW                      0                0                                                                                 0
ADAIR                          0                0                                                                                 0
ASHLAND                        6                6                           20081101                         20081201            21
KANSAS CITY                    0                0                                                                                 0
VIOLA                          0                0                                                                                 0
GRAIN VALLEY                   0                0                                                                                 0
MAQUOKETA                      0                0                                                                                 0
COLORADO SPRING                0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
CRESTON                        0                0                                                                                 0
COVINGTON                      0                0                                                                                 0
ELIZABETH CITY                 6                6                           20081201                         20090101            22
FORT WALTON BEA                6                6                           20081201                         20090101            22
ATLANTA                        6                6                           20081201                         20090101            22
MCHENRY                        0                0                                                                                 0
HIALEAH                        0                0                                                                                 0
LITHONIA                       0                0                                                                                 0
ORLANDO                        6                6                           20081201                         20090101            22
PORT SAINT LUCI                6                6                           20081201                         20090101            22
CLERMONT                       6                6                           20081201                         20090101            22
MIAMI                          6                6                           20081201                         20090101            22
CHICAGO                        0                0                                                                                 0
NORTH AUGUSTA                  0                0                                                                                 0
ATLANTA                        0                0                                                                                 0
SUNRISE                        6                6                           20081201                         20090101            22
ATLANTA                        0                0                                                                                 0
NORTHBROOK                     0                0                                                                                 0
SNELLVILLE                     6                6                           20081201                         20090101            22
CAROL STREAM                   6                6                           20081201                         20090101            22
ELLENWOOD                      6                6                           20081201                         20090101            22
TAMPA                          6                6                           20081201                         20090101            22
COVINGTON                      6                6                           20081201                         20090101            22
NEWNAN                         0                0                                                                                 0
ELLENWOOD                      0                0                                                                                 0
ORANGE PARK                    6                6                           20081201                         20090101            22
SCOTTSDALE                     0                0                                                                                 0
CASA GRANDE                    0                0                                                                                 0
PHOENIX                        6                6                           20081201                         20090101            22
CASA GRANDE                    0                0                                                                                 0
QUEEN CREEK                    0                0                                                                                 0
PHOENIX                        6                6                           20081101                         20091101            21
SURPRISE                       0                0                                                                                 0
TUCSON                         0                0                                                                                 0
QUEEN CREEK                    6                6                           20081201                         20090101            22
CASA GRANDE                    0                0                                                                                 0
NORTH LAS VEGAS                0                0                                                                                 0
LAS VEGAS                      0                0                                                                                 0
GOLD CANYON                    6                6                           20081101                         20081201            21
MAYER                          0                0                                                                                 0
QUEEN CREEK                    0                0                                                                                 0
KINGMAN                        0                0                                                                                 0
TUCSON                         0                0                                                                                 0
SURPRISE                       0                0                                                                                 0
CASA GRANDE                    0                0                                                                                 0
LAS VEGAS                     12               12                           20111201                         20120101            58
GOODYEAR                       6                6                           20081201                         20090101            22
SURPRISE                      12               12                           20111101                         20111201            57
TOLLESON                       6                6                           20081201                         20090101            22
MESA                          12               12                           20111101                         20111201            57
QUEEN CREEK                    6                6                           20081201                         20090101            22
LAS VEGAS                      0                0                                                                                 0
QUEEN CREEK                    0                0                                                                                 0
CASA GRANDE                    6                6                           20081201                         20090101            22
LAS VEGAS                      6                6                           20081201                         20090101            22
AVONDALE                       6                6                           20081201                         20090101            22
FORT MOHAVE                    6                6                           20081201                         20090101            22
QUEEN CREEK                    6                6                           20081201                         20090101            22
GLENDALE                       6                6                           20081201                         20090101            22
SURPRISE                       6                6                           20081201                         20090101            22
NORTH LAS VEGAS                0                0                                                                                 0
SEDONA                         6                6                           20081201                         20090101            22
LAS VEGAS                     12               12                           20111201                         20120101            58
PHOENIX                        6                6                           20081201                         20090101            22
PHOENIX                        6                6                           20081201                         20090101            22
PHOENIX                        6                6                           20081201                         20090101            22
QUEEN CREEK                    6                6                           20081201                         20090101            22
QUEEN CREEK                    6                6                           20081201                         20090101            22
QUEEN CREEK                    6                6                           20081201                         20090101            22
SAHUARITA                      6                6                           20081201                         20090101            22
AMADO                          6                6                           20081201                         20090101            22
TUCSON                         6                6                           20081201                         20090101            22
PHOENIX                        6                6                           20081201                         20090101            22
LAVEEN                         6                6                           20081201                         20090101            22
SURPRISE                       6                6                           20081201                         20090101            22
PEORIA                         6                6                           20081201                         20090101            22
SURPRISE                       0                0                                                                                 0
QUEEN CREEK                    6                6                           20081201                         20090101            22
KINGMAN                        6                6                           20081201                         20090101            22
PHOENIX                        6                6                           20081201                         20090101            22
KANSAS CITY                    6                6                           20081001                         20081101            20
INDEPENDENCE                   6                6                           20081001                         20081101            20
CHARLES CITY                   0                0                                                                                 0
INDEPENDENCE                   6                6                           20081201                         20090101            22
KANSAS CITY                    6                6                           20081101                         20081201            21
SENECA                         0                0                                                                                 0
LEAVENWORTH                    6                6                           20081101                         20081201            21
KANSAS CITY                    0                0                                                                                 0
DES MOINES                     6                6                           20081101                         20081201            21
COUNCIL BLUFFS                 0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
PALATINE                       0                0                                                                                 0
PORT CHARLOTTE                 6                6                           20081201                         20090101            22
ATLANTA                        6                6                           20081201                         20090101            22
CHICAGO                        0                0                                                                                 0
ATLANTA                       12               12                           20081201                         20090101            22
ST CLAIR SHORES                6                6                           20081201                         20090101            22
CHICAGO                        0                0                                                                                 0
LITHONIA                       0                0                                                                                 0
JACKSON                        0                0                                                                                 0
AURORA                         0                0                                                                                 0
HOFFMAN ESTATES                0                0                                                                                 0
COON RAPIDS                    0                0                                                                                 0
PLAINFIELD                     0                0                                                                                 0
SCHAUMBURG                     0                0                                                                                 0
JACKSONVILLE                   0                0                                                                                 0
DETROIT                        6                6                           20081201                         20090101            22
RUFFIN                         0                0                                                                                 0
TITUSVILLE                     6                6                           20081201                         20090101            22
ROSEVILLE                      0                0                                                                                 0
LAKELAND                       0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
RIVERDALE                      0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
CHICAGO HEIGHTS                6                6                           20081201                         20090101            22
ROCKMART                       0                0                                                                                 0
BOGART                         0                0                                                                                 0
EVANSVILLE                     0                0                                                                                 0
DETROIT                        0                0                                                                                 0
GAINESVILLE                    6                6                           20081201                         20090101            22
MIRAMAR                       12               12                           20111201                         20120101            58
MAYWOOD                        0                0                                                                                 0
CHICAGO                       12               12                           20111201                         20120101            58
ROSEMONT                      12               12                           20111201                         20120101            58
NEWAYGO                        6                6                           20081201                         20090101            22
NEWAYGO                        0                0                                                                                 0
ATLANTA                        0                0                                                                                 0
HARVEY                        12               12                           20111201                         20120101            58
CHICAGO                       12               12                           20111201                         20120101            58
MILTON                         0                0                                                                                 0
WOODRIDGE                      0                0                                                                                 0
ST LOUIS PARK                  0                0                                                                                 0
HIGH POINT                     6                6                           20081201                         20090101            22
BELLEVILLE                     0                0                                                                                 0
CONYERS                        6                6                           20081201                         20090101            22
COVINGTON                      0                0                                                                                 0
VALDOSTA                       0                0                                                                                 0
DEFUNIAK SPRING                0                0                                                                                 0
CHICAGO                       12               12                           20111201                         20120101            58
MACOMB                         0                0                                                                                 0
HIALEAH                        0                0                                                                                 0
ELK RIVER                     12               12                           20111201                         20120101            58
LAFAYETTE                      0                0                                                                                 0
GATESVILLE                     6                6                           20081201                         20090101            22
AUGUSTA                        0                0                                                                                 0
MOUNT PROSPECT                 6                6                           20081201                         20090101            22
ROCHELLE                      12               12                           20111201                         20120101            58
MOUNT VERNON                   6                6                           20081201                         20090101            22
DETROIT                        6                6                           20091201                         20100101            34
TAMPA                          0                0                                                                                 0
TEMPLE                         0                0                                                                                 0
DOUGLASVILLE                   0                0                                                                                 0
ROSELLE                       12               12                           20111201                         20120101            58
ELMORE                         6                6                           20081201                         20090101            22
CROSS                          0                0                                                                                 0
LECANTO                        0                0                                                                                 0
DECATUR                        0                0                                                                                 0
AUBURN HILLS                   6                6                           20081201                         20090101            22
LOUISVILLE                     6                6                           20081201                         20090101            22
GLENDALE HEIGHT                0                0                                                                                 0
RIVERVIEW                      0                0                                                                                 0
SOUTH HOLLAND                 12               12                           20111201                         20120101            58
CHICAGO                        6                6                           20081201                         20090101            22
MAYWOOD                        0                0                                                                                 0
CHICAGO                       12               12                           20111201                         20120101            58
LILBURN                        6                6                           20081101                         20081201            21
DEERFIELD                     12               12                           20111201                         20120101            58
NEW PORT RICHEY                0                0                                                                                 0
GLENWOOD                       0                0                                                                                 0
INDIANAPOLIS                   6                6                           20081201                         20090101            22
UNION                          0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
SANFORD                        6                6                           20081101                         20081201            21
ORLAND PARK                    6                6                           20091201                         20100101            34
ELGIN                         12               12                           20111201                         20120101            58
BELLWOOD                       6                6                           20081201                         20090101            22
JOLIET                         6                6                           20091201                         20100101            34
STERLING HEIGHT                6                6                           20081201                         20090101            22
IXONIA                         0                0                                                                                 0
BERWYN                         6                6                           20081201                         20090101            22
WHEATON                        0                0                                                                                 0
SAUK VILLAGE                   6                6                           20081201                         20090101            22
GRAND RAPIDS                   6                6                           20081201                         20090101            22
CHICAGO                       12               12                           20111201                         20120101            58
CHICAGO                       12               12                           20111201                         20120101            58
CHICAGO HEIGHTS               12               12                           20111201                         20120101            58
DETROIT                        0                0                                                                                 0
HAZEL PARK                     6                6                           20081201                         20090101            22
ROCKFORD                       6                6                           20091201                         20100101            34
HOLIDAY                        0                0                                                                                 0
WESTCHESTER                   12               12                           20111201                         20121201            58
MACHESNEY PARK                 6                6                           20081201                         20090101            22
CUMMING                        0                0                                                                                 0
BRADENTON                      0                0                                                                                 0
GLENN DALE                     6                6                           20081201                         20090101            22
CHARLOTTE                      6                6                           20081001                         20081101            20
COLLEGE PARK                   0                0                                                                                 0
MONTGOMERY                     0                0                                                                                 0
BANGOR                         0                0                                                                                 0
ROCHESTER HILLS               12               12                           20111201                         20120101            58
FOX LAKE                       6                6                           20081201                         20090101            22
ULEN                           0                0                                                                                 0
STONE MOUNTAIN                 0                0                                                                                 0
ROCKMART                       6                6                           20081101                         20081201            21
ROCKMART                       0                0                                                                                 0
SALEM                          6                6                           20081201                         20090101            22
PROVIDENCE                     0                0                                                                                 0
REDDICK                        0                0                                                                                 0
CHICAGO HEIGHTS               12               12                           20111201                         20120101            58
HUDSON                         6                6                           20081201                         20090101            22
KENDUSKEAG                     0                0                                                                                 0
SKOWHEGAN                      0                0                                                                                 0
STAFFORD                       0                0                                                                                 0
AGAWAM                         0                0                                                                                 0
NEW LENOX                      0                0                                                                                 0
UPPER MARLBORO                 6                6                           20091201                         20100101            34
BRIDGEVIEW                    12               12                           20111201                         20120101            58
WASHINGTON                     0                0                                                                                 0
MAPLEWOOD                      0                0                                                                                 0
BROOKLINE                      0                0                                                                                 0
3EST WARWICK                   0                0                                                                                 0
WESTBROOK                     12               12                           20111201                         20120101            58
RALEIGH                        0                0                                                                                 0
BROOKLYN                       0                0                                                                                 0
ATLANTA                        0                0                                                                                 0
ELK RIVER                      0                0                                                                                 0
CARMEL                         0                0                                                                                 0
DISTRICT HEIGHT               12               12                           20111201                         20120101            58
EVANSVILLE                     0                0                                                                                 0
BROOKLYN                       0                0                                                                                 0
ZEBULON                        6                6                           20081201                         20090101            22
NORTH ADAMS                    6                6                           20081201                         20090101            22
JONESBORO                      6                6                           20081101                         20081201            21
HAMPSTEAD                      6                6                           20091201                         20100101            34
MOREHEAD CITY                  6                6                           20081201                         20090101            22
LITTLETON                      0                0                                                                                 0
WILMINGTON                     0                0                                                                                 0
COLUMBIA                       0                0                                                                                 0
WARREN                         6                6                           20081201                         20090101            22
LOCKPORT                       6                6                           20081201                         20090101            22
FLORHAM PARK                   6                6                           20081201                         20080101            22
BURNHAM                        0                0                                                                                 0
BALTIMORE                      0                0                                                                                 0
GREENSBORO                     6                6                           20081201                         20090101            22
SAINT ALBANS                   0                0                                                                                 0
IRVINGTON                      6                6                           20081201                         20090101            22
BREWER                         0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
SANFORD                        0                0                                                                                 0
DORCHESTER                     0                0                                                                                 0
GAINESVILLE                    0                0                                                                                 0
SILVER SPRING                  6                6                           20081201                         20090101            22
ROCKFORD                       0                0                                                                                 0
HERMON                         6                6                           20081201                         20090101            22
TWO HARBORS                    0                0                                                                                 0
BALTIMORE                      0                0                                                                                 0
WEST STEWARTSTO                0                0                                                                                 0
LOWELL                         0                0                                                                                 0
MIDLOTHIAN                     0                0                                                                                 0
PRINCESS ANNE                  0                0                                                                                 0
CHICOPEE                       0                0                                                                                 0
LOWELL                         0                0                                                                                 0
LOWELL                         0                0                                                                                 0
SOUTH OZONE PAR                0                0                                                                                 0
HIGH POINT                     0                0                                                                                 0
ROSEVILLE                      6                6                           20081201                         20090101            22
BALTIMORE                      0                0                                                                                 0
COUNTRY CLUB HI                0                0                                                                                 0
SPRINGFIELD                    0                0                                                                                 0
SPRINGFIELD                    0                0                                                                                 0
ATHENS                         0                0                                                                                 0
GASTONIA                       0                0                                                                                 0
ESSEX JUNCTION                 0                0                                                                                 0
SAINT ALBANS                   0                0                                                                                 0
DIXFIELD                       0                0                                                                                 0
CORONA                         0                0                                                                                 0
BALTIMORE                      0                0                                                                                 0
BAY SHORE                      0                0                                                                                 0
NORTH EAST                     0                0                                                                                 0
EVERETT                        0                0                                                                                 0
EDEN                           0                0                                                                                 0
CHARLOTTE                     12               12                           20111201                         20120101            58
CRYSTAL LAKE                  12               12                           20111201                         20120101            58
BALTIMORE                      0                0                                                                                 0
COVENTRY                       0                0                                                                                 0
FRANKLINVILLE                  0                0                                                                                 0
STEUBEN                        0                0                                                                                 0
NEWARK                         0                0                                                                                 0
CORINNA                        0                0                                                                                 0
ATLANTA                        0                0                                                                                 0
LEXINGTON                      0                0                                                                                 0
HIBBING                        6                6                           20081101                         20081201            21
SCHAUMBURG                     0                0                                                                                 0
UPPER MARLBORO                 0                0                                                                                 0
LIVERMORE FALLS                0                0                                                                                 0
DETROIT                        0                0                                                                                 0
BALTIMORE                      6                6                           20081201                         20090101            22
METROPOLIS                     6                6                           20091201                         20100101            34
JAMAICA                        0                0                                                                                 0
SOMERSWORTH                    0                0                                                                                 0
BURLINGTON                     0                0                                                                                 0
RANDALLSTOWN                  12               12                           20111101                         20111201            57
ROSELLE                       12               12                           20111201                         20120101            58
CLINTON                        0                0                                                                                 0
CLINTON                        0                0                                                                                 0
RICHMOND                       6                6                           20081101                         20081201            21
WINSTON SALEM                  0                0                                                                                 0
STRASBURG                      6                6                           20081201                         20090101            22
BEMIDJI                        0                0                                                                                 0
DEKALB                         0                0                                                                                 0
EVANSVILLE                     0                0                                                                                 0
GLEN BURNIE                    0                0                                                                                 0
SPRINGFIELD                   12               12                           20111201                         20120101            58
UNIVERSITY PARK               12               12                           20111201                         20120101            58
LINWOOD                        0                0                                                                                 0
PATERSON                       0                0                                                                                 0
BRISTOL                        0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
CHICAGO                       12               12                           20111101                         20111201            57
INVER GROVE HEI                0                0                                                                                 0
KNAPP                          0                0                                                                                 0
ALEXANDRIA                     0                0                                                                                 0
AMERY                          0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
NORTH SAINT PAU                0                0                                                                                 0
OXFORD                         0                0                                                                                 0
RALEIGH                        6                6                           20081101                         20081201            21
LEVERING                       6                6                           20081201                         20090101            22
AURORA                         0                0                                                                                 0
PORTLAND                       0                0                                                                                 0
MUNDELEIN                      0                0                                                                                 0
PORTLAND                       0                0                                                                                 0
ROLLING MEADOWS                6                6                           20081101                         20081201            21
GLENBURN                       0                0                                                                                 0
DETROIT                        6                6                           20081201                         20090101            22
BENTON                         0                0                                                                                 0
BURLINGTON                     0                0                                                                                 0
SWANTON                        0                0                                                                                 0
DETROIT                        6                6                           20081201                         20090101            22
CHICAGO                        6                6                           20081101                         20081201            21
CHARLESTOWN                    0                0                                                                                 0
BALTIMORE                      0                0                                                                                 0
EAST GREENWICH                 0                0                                                                                 0
CARMEL                         0                0                                                                                 0
PATERSON                       0                0                                                                                 0
WINSTON SALEM                  0                0                                                                                 0
PETERBOROUGH                   0                0                                                                                 0
JONESPORT                      0                0                                                                                 0
PORTLAND                       0                0                                                                                 0
ELGIN                          0                0                                                                                 0
WOODBRIDGE                     0                0                                                                                 0
HYATTSVILLE                    6                6                           20081101                         20081201            21
BLOOMINGTON                    0                0                                                                                 0
ROCKFORD                       6                6                           20081101                         20081201            21
BALTIMORE                      0                0                                                                                 0
HAMMOND                       12               12                           20111201                         20120101            58
HOLBROOK                      12               12                           20111201                         20120101            58
PATERSON                       0                0                                                                                 0
SHAPLEIGH                      0                0                                                                                 0
WATERVILLE                     0                0                                                                                 0
FALL RIVER                     0                0                                                                                 0
ALBANY                         0                0                                                                                 0
MOUNT HOLLY                    0                0                                                                                 0
MERRIMACK                      0                0                                                                                 0
BALTIMORE                      0                0                                                                                 0
LANDOVER                       0                0                                                                                 0
MANCHESTER                     0                0                                                                                 0
CHICAGO                       12               12                           20111101                         20111201            57
BARRE                          0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
NASHUA                         0                0                                                                                 0
CENTRAL ISLIP                  0                0                                                                                 0
AURORA                         0                0                                                                                 0
BREWER                         0                0                                                                                 0
CUMBERLAND FORE                0                0                                                                                 0
SALISBURY                      0                0                                                                                 0
PETERBOROUGH                   0                0                                                                                 0
GLEN ALLEN                     0                0                                                                                 0
REHOBOTH                       0                0                                                                                 0
POOLESVILLE                    0                0                                                                                 0
CHICAGO                       12               12                           20111201                         20120101            58
NORTH PROVIDENC                6                6                           20081201                         20090101            22
CHARLOTTE                      0                0                                                                                 0
DAVENPORT                      6                6                           20081101                         20081201            21
SHELTON                        0                0                                                                                 0
DES MOINES                     0                0                                                                                 0
CARL JUNCTION                  0                0                                                                                 0
MARSHFIELD                     0                0                                                                                 0
BOELUS                         0                0                                                                                 0
GUTHRIE CENTER                 0                0                                                                                 0
OLATHE                         0                0                                                                                 0
LUFKIN                         0                0                                                                                 0
MANSFIELD                      0                0                                                                                 0
BRANDON                        6                6                           20081201                         20090101            22
BLACK CANYON CI                0                0                                                                                 0
CARLSBAD                       6                6                           20081201                         20090101            22
MISSION VIEJO                 12               12                           20111201                         20120101            58
APLINGTON                      0                0                                                                                 0
ELDON                          0                0                                                                                 0
NEWTON                         0                0                                                                                 0
LINDEN                         0                0                                                                                 0
OKEECHOBEE                     6                6                           20081201                         20090101            22
BOONE                          0                0                                                                                 0
LA PORTE                       0                0                                                                                 0
WICHITA                        6                6                           20081201                         20090101            22
NEWTON                         0                0                                                                                 0
PERRY                         12               12                           20111201                         20120101            58
GRANGER                        0                0                                                                                 0
FRANKFORT                      0                0                                                                                 0
HARTLEY                        0                0                                                                                 0
WALLLA WALLA                   6                6                           20091201                         20100101            34
SHALIMAR                       6                6                           20081201                         20090101            22
CONWAY SPRINGS                12               12                           20111201                         20120101            58
SACRAMENTO                     6                6                           20081201                         20090101            22
LATHROP                        0                0                                                                                 0
CHARLESTON                     0                0                                                                                 0
DIXON IL 61021                 0                0                                                                                 0
COVINGTON                      0                0                                                                                 0
EVERETT                        6                6                           20081201                         20090101            22
LAS VEGAS                      6                6                           20081201                         20090101            22
AURORA                         0                0                                                                                 0
FRANKLIN                       0                0                                                                                 0
INDEPENDENCE                   6                6                           20081201                         20090101            22
INDEPENDENCE                   0                0                                                                                 0
PHOENIX                        6                6                           20081201                         20090101            22
MEMPHIS                        0                0                                                                                 0
ATKINS                         0                0                                                                                 0
WINLOCK                        0                0                                                                                 0
BRYANT                         6                6                           20081201                         20090101            22
INVERNESS                      0                0                                                                                 0
LAS VEGAS                      0                0                                                                                 0
MEMPHIS                        0                0                                                                                 0
NORTH LAS VEGAS                0                0                                                                                 0
SHREVEPORT                     0                0                                                                                 0
SIOUX CITY                     0                0                                                                                 0
VANCOUVER                      0                0                                                                                 0
ALBUQUERQUE                    6                6                           20081201                         20090101            22
INDIANOLA                      0                0                                                                                 0
PORTLAND                       0                0                                                                                 0
NORTH LAS VEGAS                0                0                                                                                 0
RAPIDS CITY                    0                0                                                                                 0
MIAMI                          0                0                                                                                 0
EXETER                         6                6                           20081201                         20090101            22
WICHITA                        0                0                                                                                 0
VANCOUVER                      0                0                                                                                 0
BARTLESVILLE                   0                0                                                                                 0
WORTH                          0                0                                                                                 0
MESA                           0                0                                                                                 0
NORFOLK                        0                0                                                                                 0
WEST DES MOINES                0                0                                                                                 0
BETTENDORF                     0                0                                                                                 0
HEWITT                         0                0                                                                                 0
FORT SMITH                     0                0                                                                                 0
WICHITA                        0                0                                                                                 0
ENUMCLAW                       0                0                                                                                 0
CRAWFORDSVILLE                 0                0                                                                                 0
EVERETT                        0                0                                                                                 0
EVERETT                        0                0                                                                                 0
LINDSBORG                      0                0                                                                                 0
TACOMA                         0                0                                                                                 0
PUYALLUP                       0                0                                                                                 0
BATTLE GROUND                  6                6                           20081201                         20090101            22
WATAUGA                        6                6                           20081201                         20090101            22
DAVENPORT                      0                0                                                                                 0
LAKE STEVENS                   0                0                                                                                 0
PLAINFIELD                     0                0                                                                                 0
PLAINFIELD                     0                0                                                                                 0
BROOKLYN PARK                  0                0                                                                                 0
BROOKLYN PARK                  0                0                                                                                 0
OAKLAND CITY                   0                0                                                                                 0
BRITTON                        6                6                           20081201                         20090101            22
MACHESNEY PARK                 0                0                                                                                 0
DETROIT                        0                0                                                                                 0
ELGIN                          0                0                                                                                 0
BENSENVILLE                    0                0                                                                                 0
MIDLAND                        0                0                                                                                 0
CRYSTAL                        0                0                                                                                 0
THIEF RIVER FAL                0                0                                                                                 0
SAUK VILLAGE                   6                6                           20081101                         20081201            21
DETROIT                        0                0                                                                                 0
EVELETH                        0                0                                                                                 0
GLENDALE HEIGHT                0                0                                                                                 0
GREENWOOD                      6                6                           20081101                         20081201            21
BURNSVILLE                     0                0                                                                                 0
ROCKFORD                       0                0                                                                                 0
GILBERTSVILLE                  0                0                                                                                 0
KOKOMO                         0                0                                                                                 0
HUTCHINSON                     0                0                                                                                 0
ZIMMERMAN                      0                0                                                                                 0
CAMBRIA                        0                0                                                                                 0
MAPLE GROVE                    0                0                                                                                 0
STREAMWOOD                     6                6                           20081101                         20081201            21
CHICAGO                        0                0                                                                                 0
MATTESON                       0                0                                                                                 0
MINNEAPOLIS                    0                0                                                                                 0
MATTESON                       0                0                                                                                 0
SPRING LAKE                    6                6                           20081101                         20081201            21
OTTAWA                         0                0                                                                                 0
SAINT PAUL                     0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
CRETE                         12               12                           20111101                         20111201            57
POPLAR GROVE                   0                0                                                                                 0
BOONVILLE                      0                0                                                                                 0
HAZEL CREST                    6                6                           20081101                         20081201            21
DAWSON                         0                0                                                                                 0
UNIVERSITY PARK                0                0                                                                                 0
JORDAN                         0                0                                                                                 0
MAYWOOD                        0                0                                                                                 0
ROCKFORD                       0                0                                                                                 0
LITTLE CANADA                  0                0                                                                                 0
DAVIS JUNCTION                 0                0                                                                                 0
BUFFALO                        0                0                                                                                 0
BOLINGBROOK                    0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
TAYLOR                         6                6                           20081101                         20081201            21
ATWATER                        6                6                           20081101                         20081201            21
SOUTH PARIS                    0                0                                                                                 0
NEW RICHMOND                   0                0                                                                                 0
CHICAGO                        6                6                           20081101                         20081201            21
NEW RICHMOND                   0                0                                                                                 0
AUBURN HILLS                   0                0                                                                                 0
SAUK VILLAGE                   6                6                           20091201                         20100101            34
BEAVER DAM                     0                0                                                                                 0
LA SALLE                       0                0                                                                                 0
DAVISON                        0                0                                                                                 0
OXFORD                         6                6                           20081001                         20081101            20
MINNETONKA                     0                0                                                                                 0
NEWBURGH                       0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
JOLIET                         0                0                                                                                 0
CONCORDIA                     12               12                           20111101                         20111201            57
SPRINGFIELD                    0                0                                                                                 0
MARQUETTE HEIGH                0                0                                                                                 0
FRANKFORT                      6                6                           20081101                         20081201            21
NASHVILLE                      0                0                                                                                 0
MOUNT PROSPECT                 0                0                                                                                 0
GRAND PRAIRIE                  0                0                                                                                 0
SHERMAN                        0                0                                                                                 0
ELDORA                         0                0                                                                                 0
MIDLOTHIAN                     0                0                                                                                 0
LIBERAL                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
CEDAR RAPIDS                   0                0                                                                                 0
ABILENE                        0                0                                                                                 0
KANSAS CITY                    6                6                           20081201                         20090101            22
TACOMA                         0                0                                                                                 0
OSCEOLA                        0                0                                                                                 0
GENESEO                        0                0                                                                                 0
SEAGOVILLE                     0                0                                                                                 0
SEATTLE                        0                0                                                                                 0
OLYMPIA                        0                0                                                                                 0
NEW ORLEANS                    0                0                                                                                 0
TACOMA                         6                6                           20081101                         20081201            21
ARLINGTON                      0                0                                                                                 0
DALLAS                         0                0                                                                                 0
MONROE                         0                0                                                                                 0
CEDAR FALLS                    0                0                                                                                 0
SHERMAN                        0                0                                                                                 0
COMBINE                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
MERIAM                         0                0                                                                                 0
BLUE RIDGE                     0                0                                                                                 0
KANSAS CITY                    6                6                           20081101                         20081201            21
SPRINGFIELD                    0                0                                                                                 0
HAMILTON                       0                0                                                                                 0
CONROE                         0                0                                                                                 0
KENNEWICK                     12               12                           20111101                         20111201            57
KNOXVILLE                      0                0                                                                                 0
HUMBLE                         0                0                                                                                 0
WELLINGTON                     0                0                                                                                 0
BUTLER                         0                0                                                                                 0
SPRINGFIELD                    6                6                           20081201                         20090101            22
PANAMA CITY BEA                6                6                           20081201                         20090101            22
SARITA                         0                0                                                                                 0
POTTSBORO                      0                0                                                                                 0
MASON CITY                     0                0                                                                                 0
NICKERSON                      0                0                                                                                 0
GRANDVIEW                      0                0                                                                                 0
MIRAMAR                       12               12                           20111201                         20120101            58
CLEARWATER                    12               12                           20111201                         20120101            58
LEAVENWORTH                    0                0                                                                                 0
INDEPENDENCE                   0                0                                                                                 0
BLOOMINGTON                    0                0                                                                                 0
INDEPENDENCE                   0                0                                                                                 0
WATERLOO                       0                0                                                                                 0
SANTA ROSA BEAC                6                6                           20081201                         20090101            22
LARGO                          6                6                           20081201                         20090101            22
SEARCY                         6                6                           20081201                         20090101            22
BEAVERTON                      0                0                                                                                 0
GRINNELL                       0                0                                                                                 0
SEAGOVILLE                     0                0                                                                                 0
BOONVILLE                      0                0                                                                                 0
SPRINGDALE                     6                6                           20081201                         20090101            22
MIDDLETON                      0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
EDMOND                         6                6                           20081201                         20090101            22
DALLAS                         0                0                                                                                 0
PEARCY                         0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
CEDAR HILL                     0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
MEMPHIS                        0                0                                                                                 0
TYLER                          0                0                                                                                 0
BENTON                         0                0                                                                                 0
NORTH LITTLE RO                0                0                                                                                 0
WYLIE                          0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
LITTLETON                      0                0                                                                                 0
DENTON                         0                0                                                                                 0
ATHENS                         0                0                                                                                 0
GRAND PRAIRIE                  0                0                                                                                 0
ARLINGTON                      0                0                                                                                 0
GRAND PRAIRIE                  0                0                                                                                 0
CHILDRESS                      0                0                                                                                 0
CARROLLTON                     0                0                                                                                 0
ARLINGTON                      0                0                                                                                 0
PROVIDENCE VILL                0                0                                                                                 0
PROVIDENCE VILL                0                0                                                                                 0
SEVIERVILLE                    0                0                                                                                 0
FRESNO                         0                0                                                                                 0
DESOTO                         0                0                                                                                 0
SOUTH HAVEN                   12               12                           20111201                         20120101            58
BURRTON                       12               12                           20111001                         20111101            56
SAN JACINTO                    0                0                                                                                 0
PERU                           6                6                           20081001                         20081101            20
ATLANTA                        6                6                           20081001                         20081101            20
GAINESVILLE                    0                0                                                                                 0
ALBUQUERQUE                    6                6                           20091001                         20091101            32
CITY NAME                      0                0                                                                                 0
SOLDIER                        0                0                                                                                 0
DODGE CITY                    12               12                           20111101                         20111201            57
BRANSON                        6                6                           20081001                         20081101            20
ALLEN                          6                6                           20081201                         20090101            22
ALTO PASS                      6                6                           20081101                         20081201            21
ARLINGTON                      0                0                                                                                 0
FORT WORTH                     6                6                           20081101                         20081201            21
SIKESTON                       0                0                                                                                 0
CONVERSE                       6                6                           20081101                         20081201            21
THE DALLES                     0                0                                                                                 0
HUMBLE                         0                0                                                                                 0
KELSO                          0                0                                                                                 0
BATESVILLE                     0                0                                                                                 0
GUN BARREL CITY                0                0                                                                                 0
ERIE                           0                0                                                                                 0
WATERLOO                       0                0                                                                                 0
VILLAGE MILLS                  0                0                                                                                 0
IOWA CITY                      0                0                                                                                 0
SHREWSBURY                     0                0                                                                                 0
GILMER                         0                0                                                                                 0
LITTLE ROCK                    0                0                                                                                 0
COLLEGE STATION                0                0                                                                                 0
TRENTON                        0                0                                                                                 0
DIBOLL                         0                0                                                                                 0
OMAHA                          0                0                                                                                 0
PERRYVILLE                     0                0                                                                                 0
COVINGTON                      0                0                                                                                 0
CARSON                         0                0                                                                                 0
GRANDVIEW                      6                6                           20081201                         20090101            22
LEBANON                        0                0                                                                                 0
DALLAS                         0                0                                                                                 0
OLYMPIA                        0                0                                                                                 0
ALFORD                         0                0                                                                                 0
BARTLESVILLE                   6                6                           20081101                         20081201            21
OSAWATOMIE                     0                0                                                                                 0
FRANKFORT                      6                6                           20081101                         20081201            21
PROSSER                        0                0                                                                                 0
MINGO                          0                0                                                                                 0
THE WOODLANDS                  0                0                                                                                 0
WICHITA                        6                6                           20081101                         20081201            21
WINFIELD                       6                6                           20081201                         20090101            22
MEMPHIS                        6                6                           20081201                         20090101            22
KANSAS CITY                    0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
N. RICHLAND HIL                0                0                                                                                 0
FORT LAUDERDALE                0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
GAINESVILLE                    0                0                                                                                 0
FORT LAUDERDALE                0                0                                                                                 0
FRANKFORT                      6                6                           20081101                         20081201            21
OSAWATOMIE                     0                0                                                                                 0
ROWLETT                        0                0                                                                                 0
LACY LAKEVIEW                  0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
SALEM                          0                0                                                                                 0
WASHINGTON                     0                0                                                                                 0
FT LAUDERDALE                  0                0                                                                                 0
WICHITA                        6                6                           20081101                         20081201            21
GLENN HEIGHTS                  0                0                                                                                 0
CADDO MILLS                    0                0                                                                                 0
OKLAHOMA CITY                  0                0                                                                                 0
OKLAHOMA CITY                  0                0                                                                                 0
ALVARADO                       0                0                                                                                 0
ROSENBERG                      0                0                                                                                 0
CORDOVA                        6                6                           20081201                         20090101            22
BOSSIER CITY                   0                0                                                                                 0
FATE                           6                6                           20081201                         20090101            22
MEMPHIS                        0                0                                                                                 0
DALLAS                         0                0                                                                                 0
LAMAR                          6                6                           20081201                         20090101            22
EULESS                         6                6                           20081201                         20090101            22
FORT WORTH                     0                0                                                                                 0
CECILIA                        6                6                           20081201                         20090101            22
CROWLEY                        6                6                           20081201                         20090101            22
LAS VEGAS                      6                6                           20081201                         20090101            22
CROWLEY                        0                0                                                                                 0
BATON ROUGE                    0                0                                                                                 0
EL PASO                        6                6                           20081201                         20090101            22
KATY                           0                0                                                                                 0
LAKE WORTH                     0                0                                                                                 0
GARLAND                        6                6                           20081201                         20090101            22
ANTIOCH                        6                6                           20081201                         20090101            22
ANTIOCH                        0                0                                                                                 0
GARLAND                        0                0                                                                                 0
ALLEN                          0                0                                                                                 0
ALLEN                          0                0                                                                                 0
HARRAH                         0                0                                                                                 0
EL PASO COUNTY                 6                6                           20081201                         20090101            22
TULSA                          6                6                           20081201                         20090101            22
DALLAS                         6                6                           20081201                         20090101            22
FATE                           0                0                                                                                 0
DALLAS                         6                6                           20081201                         20090101            22
LEWISVILLE                     6                6                           20081201                         20090101            22
FORT WORTH                     0                0                                                                                 0
SAN ANTONIO                    6                6                           20081201                         20090101            22
EL PASO                        0                0                                                                                 0
MCKINNEY                       0                0                                                                                 0
DENVER                        12               12                           20111201                         20120101            58
TUPELO                         0                0                                                                                 0
AZLE                           0                0                                                                                 0
ROCKWALL                       0                0                                                                                 0
KATY                           0                0                                                                                 0
FORT WORTH                     6                6                           20081201                         20090101            22
RICHMOND                       0                0                                                                                 0
MEMPHIS                        0                0                                                                                 0
DERBY                          6                6                           20081201                         20090101            22
CABOT                          0                0                                                                                 0
HOUMA                          0                0                                                                                 0
SINTON                         0                0                                                                                 0
EL PASO                        0                0                                                                                 0
FORT WORTH                     6                6                           20081101                         20081201            21
MEMPHIS                        0                0                                                                                 0
WOODLAWN                       6                6                           20081201                         20090101            22
WOODLAWN                       0                0                                                                                 0
BROKEN ARROW                   0                0                                                                                 0
WICHITA FALLS                  0                0                                                                                 0
HUTTO                          0                0                                                                                 0
BOLIVAR                        0                0                                                                                 0
BOLIVAR                        0                0                                                                                 0
GARLAND                        0                0                                                                                 0
RICHARDSON                     0                0                                                                                 0
MESQUITE                       0                0                                                                                 0
MESQUITE                       0                0                                                                                 0
MESQUITE                       0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
DELIGHT                        0                0                                                                                 0
MEMPHIS                        0                0                                                                                 0
WELCH                          6                6                           20081201                         20090101            22
PARIS                          0                0                                                                                 0
FATE                           0                0                                                                                 0
SOUTHAVEN                      0                0                                                                                 0
FLINT                          6                6                           20081201                         20090101            22
WHITEHOUSE                     0                0                                                                                 0
GARLAND                        0                0                                                                                 0
FATE                           0                0                                                                                 0
ALVIN                          0                0                                                                                 0
LAREDO                         0                0                                                                                 0
INOLA                          0                0                                                                                 0
AZLE                           0                0                                                                                 0
MERCEDES                       0                0                                                                                 0
ARLINGTON                      0                0                                                                                 0
DUMAS                          0                0                                                                                 0
WINNSBORO                      6                6                           20081201                         20090101            22
ARLINGTON                      0                0                                                                                 0
SANGER                        12               12                           20111101                         20111201            57
SAND SPRINGS                   0                0                                                                                 0
ODESSA                         0                0                                                                                 0
WYLIE                          0                0                                                                                 0
WEATHERFORD                    0                0                                                                                 0
WATAUGA                        0                0                                                                                 0
LITTLE ROCK                    0                0                                                                                 0
LEXINGTON                      6                6                           20081201                         20090101            22
MESQUITE                       0                0                                                                                 0
GRAPEVINE                      0                0                                                                                 0
EL PASO                       12               12                           20111201                         20120101            58
WOLFFORTH                      0                0                                                                                 0
MOUNDS                         0                0                                                                                 0
FORT WORTH                     6                6                           20081101                         20081201            21
ALLEN                          0                0                                                                                 0
DALLAS                         6                6                           20081101                         20081201            21
JACKSON                        0                0                                                                                 0
BURNET                         6                6                           20081201                         20090101            22
FRISCO                         6                6                           20081101                         20081201            21
OLIVE BRANCH                   0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
CEDAR HILL                     6                6                           20081001                         20081101            20
SEAGOVILLE                     0                0                                                                                 0
BOLIVAR                        0                0                                                                                 0
TULSA                          0                0                                                                                 0
HORIZON CITY                   0                0                                                                                 0
KATY                           0                0                                                                                 0
SUNSET                         0                0                                                                                 0
CLEBURNE                       0                0                                                                                 0
JACKSON                        0                0                                                                                 0
SHERMAN                        0                0                                                                                 0
CHATTANOOGA                    0                0                                                                                 0
FRISCO                         0                0                                                                                 0
FORNEY                         6                6                           20081101                         20081201            21
EL PASO                        0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
EL PASO                        0                0                                                                                 0
MESQUITE                       0                0                                                                                 0
BEAUMONT                       0                0                                                                                 0
MEMPHIS                        0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
TULSA                          0                0                                                                                 0
CADDO MILLS                    0                0                                                                                 0
BURLESON                       0                0                                                                                 0
GRAND PRAIRIE                  0                0                                                                                 0
TULSA                          0                0                                                                                 0
ROWLETT                        0                0                                                                                 0
HICKORY VALLEY                 0                0                                                                                 0
GRANBURY                       0                0                                                                                 0
DALLAS                         0                0                                                                                 0
PLANO                          0                0                                                                                 0
PLANO                          0                0                                                                                 0
GRAND PRAIRIE                  0                0                                                                                 0
COVINGTON                      6                6                           20081201                         20090101            22
FORT WORTH                     0                0                                                                                 0
EL PASO                        6                6                           20081101                         20081201            21
LAGO VISTA                     0                0                                                                                 0
BROWNSVILLE                    0                0                                                                                 0
LUBBOCK                        0                0                                                                                 0
LUBBOCK                        0                0                                                                                 0
ANNA                           0                0                                                                                 0
BOLIVAR                        0                0                                                                                 0
HUMBOLDT                       6                6                           20081101                         20081201            21
ALEDO                          0                0                                                                                 0
ARLINGTON                      0                0                                                                                 0
COLLIERVILLE                   0                0                                                                                 0
BOLIVAR                        0                0                                                                                 0
HEARTLAND                      0                0                                                                                 0
MIDDLETON                      0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
RENOVA                         6                6                           20081101                         20081201            21
MESQUITE                       0                0                                                                                 0
MESQUITE                       0                0                                                                                 0
MULVANE                        0                0                                                                                 0
WHITWELL                       0                0                                                                                 0
HUTCHINSON                     0                0                                                                                 0
LEWISVILLE                     0                0                                                                                 0
CARROLLTON                     0                0                                                                                 0
LOUISVILLE                     6                6                           20081101                         20081201            21
TULSA                          0                0                                                                                 0
HORIZON CITY                   0                0                                                                                 0
HORIZON CITY                   0                0                                                                                 0
AUSTIN                         0                0                                                                                 0
LONGVIEW                       0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
CANYON LAKE                    0                0                                                                                 0
ABILENE                        0                0                                                                                 0
ANAHUAC                        0                0                                                                                 0
MIDLAND                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
PASADENA                       0                0                                                                                 0
PASADENA                       0                0                                                                                 0
HOCKLEY                        0                0                                                                                 0
BEAUMONT                       0                0                                                                                 0
COLUMBIA                       0                0                                                                                 0
AUSTIN                         6                6                           20081201                         20090101            22
HOUSTON                        6                6                           20081101                         20081201            21
BEAUMONT                       0                0                                                                                 0
HOUSTON                        6                6                           20081201                         20090101            22
PASADENA                       0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
DUBLIN                         6                6                           20081101                         20081201            21
HUMBLE                         0                0                                                                                 0
GALENA PARK                    0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
CYPRESS                        6                6                           20081201                         20090101            22
HUMBLE                         0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
MCALLEN                        0                0                                                                                 0
PHARR                          0                0                                                                                 0
PHARR                          0                0                                                                                 0
AUSTIN                         0                0                                                                                 0
AUSTIN                         0                0                                                                                 0
KATY                           0                0                                                                                 0
LEAGUE CITY                    0                0                                                                                 0
WACO                           0                0                                                                                 0
MONTGOMERY                     0                0                                                                                 0
CROCKETT                       0                0                                                                                 0
CROCKETT                       0                0                                                                                 0
SAN JUAN                       6                6                           20081201                         20090101            22
HOUSTON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
MONTGOMERY                     0                0                                                                                 0
RICHMOND                       0                0                                                                                 0
MISSOURI CITY                  0                0                                                                                 0
SUGAR LAND                     0                0                                                                                 0
KILLEEN                        0                0                                                                                 0
MCALLEN                        6                6                           20081201                         20090101            22
HOUSTON                        0                0                                                                                 0
HITCHCOCK                      0                0                                                                                 0
HITCHCOCK                      0                0                                                                                 0
SAN ANTONIO                    6                6                           20081201                         20090101            22
HUFFMAN                        0                0                                                                                 0
WHITESBORO                     0                0                                                                                 0
ROUND ROCK                     0                0                                                                                 0
LINDALE                        6                6                           20081201                         20090101            22
HOUSTON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
CLEVELAND                      0                0                                                                                 0
CLEVELAND                      0                0                                                                                 0
ROUND ROCK                     6                6                           20081201                         20090101            22
HOUSTON                        0                0                                                                                 0
AUSTIN                         0                0                                                                                 0
EL PASO                        0                0                                                                                 0
PORTER                         0                0                                                                                 0
WAXAHACHIE                     0                0                                                                                 0
CYPRESS                        6                6                           20081201                         20090101            22
HOUSTON                        6                6                           20081201                         20090101            22
HOUSTON                        0                0                                                                                 0
SILSBEE                        0                0                                                                                 0
ROSENBERG                      6                6                           20081201                         20090101            22
LONGVIEW                       0                0                                                                                 0
CANYON LAKE                    0                0                                                                                 0
CEDAR PARK                     0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HUMBLE                         0                0                                                                                 0
ORANGE                         0                0                                                                                 0
DALLAS                         0                0                                                                                 0
DALLAS                         0                0                                                                                 0
LAREDO                         0                0                                                                                 0
SEALY                          0                0                                                                                 0
BAYTOWN                        6                6                           20081201                         20090101            22
KATY                           0                0                                                                                 0
MISSOURI CITY                  0                0                                                                                 0
LA PORTE                       0                0                                                                                 0
HUMBLE                         0                0                                                                                 0
LEANDER                        0                0                                                                                 0
CYPRESS                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
DAYTON                         0                0                                                                                 0
THE WOODLANDS                  0                0                                                                                 0
BROWNSVILLE                    0                0                                                                                 0
KYLE                           0                0                                                                                 0
CORSICANA                      0                0                                                                                 0
HUTTO                          0                0                                                                                 0
PEARLAND                       0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HUMBLE                         6                6                           20081201                         20090101            22
DICKINSON                      0                0                                                                                 0
PEARLAND                       0                0                                                                                 0
PEARLAND                       0                0                                                                                 0
BAYTOWN                        6                6                           20081201                         20090101            22
SAGINAW                        0                0                                                                                 0
MESQUITE                       0                0                                                                                 0
BOLIVAR                        0                0                                                                                 0
OTTUMWA                        0                0                                                                                 0
MARSHALLTOWN                   0                0                                                                                 0
WYLIE                          0                0                                                                                 0
HAYS                           0                0                                                                                 0
GRINNELL                       0                0                                                                                 0
ALLEN                          0                0                                                                                 0
IOWA CITY                      0                0                                                                                 0
FREEMONT                       0                0                                                                                 0
NORFOLK                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
LUFKIN                         0                0                                                                                 0
LEAGUE CITY                    0                0                                                                                 0
TYLER                          0                0                                                                                 0
KANSAS CITY                    0                0                                                                                 0
SOUTH HOUSTON                  6                6                           20081201                         20090101            22
LAREDO                         0                0                                                                                 0
HOUSTON                        6                6                           20081001                         20081101            20
SUGAR LAND                     0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
CROSBY                         0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HIGHLANDS                      0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
VIDOR                          6                6                           20081101                         20081201            21
HOUSTON                        0                0                                                                                 0
LAKE CHARLES                   0                0                                                                                 0
LUMBERTON                      0                0                                                                                 0
SAN JUAN                       0                0                                                                                 0
WACO                           0                0                                                                                 0
KARNACK                        0                0                                                                                 0
HORIZON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
CEDAR PARK                     0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
BAYTOWN                        0                0                                                                                 0
CHANNELVIEW                    6                6                           20081101                         20081201            21
SAN ANTONIO                    0                0                                                                                 0
MANOR                          0                0                                                                                 0
FORT WORTH                     0                0                                                                                 0
LEAGUE CITY                    0                0                                                                                 0
SILSBEE                        0                0                                                                                 0
SAN JUAN                       0                0                                                                                 0
WILLIS                         0                0                                                                                 0
HEMPSTEAD                      0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
HUMBLE                         0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HUMBLE                         0                0                                                                                 0
RIO GRANDE CITY                0                0                                                                                 0
LYTLE                          0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
TOMBALL                        0                0                                                                                 0
RICHMOND                       0                0                                                                                 0
AUSTIN                         0                0                                                                                 0
BROWNSVILLE                    0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
CROSBY                         0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
VICTORIA                       0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
ROSENBERG                      0                0                                                                                 0
BROWNSVILLE                    0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
SAN JUAN                       0                0                                                                                 0
NEW CANEY                      0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
BAYTOWN                        0                0                                                                                 0
BROWNSVILLE                    0                0                                                                                 0
LA PORTE                       0                0                                                                                 0
LEWISVILLE                     0                0                                                                                 0
HORIZON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
VICTORIA                       0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
MAGNOLIA                       0                0                                                                                 0
AUSTIN                         0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
AUSTIN                         0                0                                                                                 0
AUSTIN                         0                0                                                                                 0
SPRING                         0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
SPRING                         0                0                                                                                 0
HOUSTON                        6                6                           20081101                         20081201            21
CYPRESS                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
SPRING                         0                0                                                                                 0
HUMBLE                         0                0                                                                                 0
HUMBLE                         0                0                                                                                 0
EDINBURG                       0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
BAYTOWN                        0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
DONNA                          0                0                                                                                 0
EDINBURG                       0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
FRESNO                         0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
HOPKINS                        0                0                                                                                 0
BAYTOWN                        0                0                                                                                 0
KATY                           0                0                                                                                 0
PENITAS                        0                0                                                                                 0
SEA BROOK                      0                0                                                                                 0
PENITAS                        0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
PFLUGERVILLE                   0                0                                                                                 0
PENITAS                        0                0                                                                                 0
EDINBURG                       0                0                                                                                 0
KINGWOOD                       0                0                                                                                 0
SPRING                         0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
VIDOR                          0                0                                                                                 0
WINNIE                         0                0                                                                                 0
GRANADA HILLS                  6                6                           20081201                         20090101            22
LAKE ELSINORE                  0                0                                                                                 0
GRANADA HILLS                  0                0                                                                                 0
HESPERIA                       0                0                                                                                 0
RESEDA AREA                    0                0                                                                                 0
SUN VALLEY                     0                0                                                                                 0
MORENO VALLEY                  0                0                                                                                 0
SOUTH GATE                     0                0                                                                                 0
LOS ANGELES                    6                6                           20081101                         20081201            21
RIVERSIDE                      0                0                                                                                 0
DESERT HOT SPRI                6                6                           20081201                         20090101            22
DESERT HOT SPRI                0                0                                                                                 0
LA PUENTE                     12               12                           20111101                         20111201            57
COSTA MESA                     0                0                                                                                 0
COSTA MESA                     0                0                                                                                 0
LAS VEGAS                      0                0                                                                                 0
SUGARLOAF                      0                0                                                                                 0
REDLANDS                       0                0                                                                                 0
SANTA ANA                      0                0                                                                                 0
SAN BERNARDINO                 6                6                           20081101                         20081201            21
HIGHLAND                       0                0                                                                                 0
LOS ANGELES                    0                0                                                                                 0
FONTANA                        0                0                                                                                 0
SANTA CRUZ                     0                0                                                                                 0
BAKERSFIELD                    0                0                                                                                 0
FONTANA AREA                   0                0                                                                                 0
EL MONTE                       0                0                                                                                 0
WESTMINSTER                    0                0                                                                                 0
FONTANA                        0                0                                                                                 0
GARDEN GROVE                   0                0                                                                                 0
MORENO VALLEY                  0                0                                                                                 0
LONG BEACH                     0                0                                                                                 0
RIALTO                         0                0                                                                                 0
NUEVO                         12               12                           20111101                         20111201            57
BAKERSFIELD                    0                0                                                                                 0
LOS ANGELES                    0                0                                                                                 0
PERRIS                         0                0                                                                                 0
ONTARIO                        0                0                                                                                 0
RIVERSIDE AREA                 0                0                                                                                 0
HESPERIA                       0                0                                                                                 0
ANAHEIM                        0                0                                                                                 0
SANTA ANA                      6                6                           20081201                         20090101            22
MONROVIA                       6                6                           20081201                         20090101            22
CORONA                         6                6                           20081201                         20090101            22
LOS ANGELES                    0                0                                                                                 0
SANTA ROSA BEAC                6                6                           20081201                         20090101            22
LOS ANGELES                   12               12                           20111101                         20111201            57
DOWNEY                        12               12                           20111201                         20120101            58
RICHMOND                       6                6                           20081201                         20090101            22
SAN DIEGO                      0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
TEMECULA                       6                6                           20081201                         20090101            22
CATHEDRAL CITY                 0                0                                                                                 0
HUNTINGTON BEAC                0                0                                                                                 0
HIDDEN HILLS                   0                0                                                                                 0
ESCONDIDO                      0                0                                                                                 0
DESERT HOT SPRI                0                0                                                                                 0
HEBER                          0                0                                                                                 0
CHULA VISTA                    0                0                                                                                 0
BRAWLEY                        0                0                                                                                 0
CONWAY                         0                0                                                                                 0
ROCKFORD                       0                0                                                                                 0
LOS ANGELES                    0                0                                                                                 0
LOS ANGELES                    6                6                           20081101                         20081201            21
LOS ANGELES                    0                0                                                                                 0
CHICAGO                        0                0                                                                                 0
NORTHRIDGE AREA                0                0                                                                                 0
SANTA ANA                      0                0                                                                                 0
APPLE VALLEY AR                0                0                                                                                 0
LAKEPORT                       6                6                           20081001                         20081101            20
SURPRISE                       0                0                                                                                 0
BAKERSFIELD                    0                0                                                                                 0
BLOOMINGTON ARE                0                0                                                                                 0
ANAHEIM                        0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
APPLE VALLEY                   0                0                                                                                 0
OCEANSIDE                      6                6                           20081201                         20090101            22
YUBA CITY                      0                0                                                                                 0
SUN CITY                       0                0                                                                                 0
CARLSBAD                       0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
SAN YSIDRO                     0                0                                                                                 0
MURRIETA                       0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
EL CAJON                       0                0                                                                                 0
EL CAJON                       0                0                                                                                 0
SAN DIEGO                      6                6                           20070501                         20070601             3
SAN DIEGO                      0                0                                                                                 0
SHASTA LAKE                    0                0                                                                                 0
PALM DESERT                    0                0                                                                                 0
OCEANSIDE                      0                0                                                                                 0
YUCAIPA                        0                0                                                                                 0
ORANGEVALE                     0                0                                                                                 0
OLIVEHURST                     0                0                                                                                 0
RANCHO MURIETA                 0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
MURRIETA                       0                0                                                                                 0
HEBER                          0                0                                                                                 0
ORANGE                         6                6                           20081101                         20081201            21
SAN DIEGO                      0                0                                                                                 0
VIRGINIA CITY H                0                0                                                                                 0
RANCHO MIRAGE                  0                0                                                                                 0
SAN JACINTO                    0                0                                                                                 0
THOUSAND OAKS                  0                0                                                                                 0
NORTH HIGHLANDS                0                0                                                                                 0
SAN DIEGO                     12               12                           20111201                         20120101            58
HEBER                          0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
SAN LORENZO                    0                0                                                                                 0
COUPEVILLE                     0                0                                                                                 0
LA QUINTA                      0                0                                                                                 0
BENICIA                        0                0                                                                                 0
SACRAMENTO                     0                0                                                                                 0
SAN DIEGO                     12               12                           20111201                         20120101            58
SOLANA BEACH                   0                0                                                                                 0
HEMET                          0                0                                                                                 0
ALISO VIEJO                   12               12                           20111101                         20111201            57
MENIFEE                       12               12                           20111101                         20111201            57
MENIFEE                        0                0                                                                                 0
INDIO                          0                0                                                                                 0
SALINAS                        0                0                                                                                 0
CHULA VISTA                   12               12                           20111201                         20120101            58
BERKELEY                       6                6                           20091201                         20100101            34
3443 MADISON AV               12               12                           20111201                         20120101            58
SACRAMENTO                     0                0                                                                                 0
SAN JOSE                       6                6                           20081201                         20090101            22
IMPERIAL BEACH                 0                0                                                                                 0
RIVERSIDE                      6                6                           20111201                         20120101            58
SAN JOSE                       0                0                                                                                 0
SALIDA                         0                0                                                                                 0
SAN DIEGO                      0                0                                                                                 0
OAKDALE                       12               12                           20111201                         20120101            58
MATHER                         0                0                                                                                 0
SACRAMENTO                    12               12                           20111201                         20120101            58
LINCOLN                        6                6                           20081201                         20090101            22
SOLANA BEACH                   0                0                                                                                 0
STOCKTON                       6                6                           20081201                         20090101            22
SAN DIEGO                     12               12                           20111201                         20120101            58
SAN JOSE                      12               12                           20111201                         20120101            58
CHULA VISTA                   12               12                           20111201                         20120101            58
CHULA VISTA                    0                0                                                                                 0
SAN JOSE                       6                6                           20081201                         20090101            22
SAN JOSE                       0                0                                                                                 0
ANTIOCH                       12               12                           20111201                         20120101            58
HEBER                         12               12                           20111201                         20120101            58
LAKESIDE                       0                0                                                                                 0
SIMI VALLEY                   12               12                           20111201                         20120101            58
HOFFMAN ESTATES                0                0                                                                                 0
DETROIT                        0                0                                                                                 0
MENAHGA                        0                0                                                                                 0
DEKALB                         0                0                                                                                 0
LOCKPORT                       0                0                                                                                 0
OSWEGO                         0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
GALVA                          0                0                                                                                 0
IOLA                           0                0                                                                                 0
COLLEGE STATION                0                0                                                                                 0
STANTON                        6                6                           20081201                         20090101            22
DIAMOND BAR                    0                0                                                                                 0
LAGUNA NIGUEL                  6                6                           20081201                         20090101            22
MORENO VALLEY                 12               12                           20111201                         20120101            58
ANAHEIM                        6                6                           20081201                         20090101            22
ONTARIO                        6                6                           20081201                         20090101            22
PERRIS                         6                6                           20081201                         20090101            22
INGLEWOOD                     12               12                           20111201                         20120101            58
INGLEWOOD                      0                0                                                                                 0
FONTANA                        0                0                                                                                 0
CORONA                         0                0                                                                                 0
CORONA                         6                6                           20081201                         20090101            22
CASTAIC                       12               12                           20111201                         20120101            58
RIALTO                         0                0                                                                                 0
EL CAJON                       0                0                                                                                 0
LA HABRA                       0                0                                                                                 0
NORTH HOLLYWOOD                6                6                           20081201                         20090101            22
PACOIMA                        6                6                           20081201                         20090101            22
PACOIMA                        0                0                                                                                 0
SAN BERNARDINO                 6                6                           20081201                         20090101            22
CORONA                         6                6                           20081201                         20090101            22
LAKE ELSINORE                  6                6                           20081201                         20090101            22
BALTIMORE                      0                0                                                                                 0
AURORA                         0                0                                                                                 0
AURORA                         0                0                                                                                 0
DENVER                         0                0                                                                                 0
MONUMENT                       6                6                           20091001                         20091101            32
AURORA                         0                0                                                                                 0
FARMINGTON                     0                0                                                                                 0
STERLING                       0                0                                                                                 0
DENVER                         0                0                                                                                 0
COLORADO SPRING                0                0                                                                                 0
AURORA                         0                0                                                                                 0
CENTENNIAL                     0                0                                                                                 0
DENVER                         0                0                                                                                 0
DENVER                         0                0                                                                                 0
DENVER                         0                0                                                                                 0
WESTMINSTER                    0                0                                                                                 0
CARBONDALE                     0                0                                                                                 0
CASTLE ROCK                    6                6                           20081101                         20081201            21
CASTLE ROCK                    0                0                                                                                 0
DENVER                         0                0                                                                                 0
GREENWOOD VILLA                0                0                                                                                 0
DENVER                         0                0                                                                                 0
DENVER                         0                0                                                                                 0
WESTMINSTER                    0                0                                                                                 0
THORNTON                       0                0                                                                                 0
GREELEY                        0                0                                                                                 0
LITTLETON                      0                0                                                                                 0
FORT LUPTON                    0                0                                                                                 0
ENGLEWOOD                      6                6                           20081101                         20081201            21
DENVER                         0                0                                                                                 0
GREELEY                        0                0                                                                                 0
ALAMOSA                        6                6                           20081101                         20081201            21
ALAMOSA                        0                0                                                                                 0
CHEYENNE                       0                0                                                                                 0
CASTLE ROCK                    0                0                                                                                 0
CARBONDALE                     0                0                                                                                 0
DENVER                         0                0                                                                                 0
LAS VEGAS                      6                6                           20081201                         20090101            22
GLENROCK                       0                0                                                                                 0
EVANS                          0                0                                                                                 0
PLAIN CITY                     6                6                           20081101                         20081201            21
COMMERCE CITY                  6                6                           20081101                         20081201            21
AURORA                        12               12                           20111101                         20111201            57
PROVO                          6                6                           20081201                         20090101            22
BRIGHTON                      12               12                           20111101                         20111201            57
AURORA                         0                0                                                                                 0
LONGMONT                       0                0                                                                                 0
LITTLETON                      6                6                           20081101                         20081201            21
COLORADO SPRING                0                0                                                                                 0
COMMERCE CITY                  6                6                           20081201                         20090101            22
COMMERCE CITY                  0                0                                                                                 0
AURORA                         0                0                                                                                 0
DENVER                        12               12                           20111201                         20120101            58
COLORADO SPRING                0                0                                                                                 0
THORNTON                      12               12                           20111201                         20120101            58
COLORADO SPRING                0                0                                                                                 0
AURORA                         6                6                           20081101                         20081201            21
WESTMINSTER                    6                6                           20081201                         20090101            22
DENVER                        12               12                           20111201                         20120101            58
DENVER                         6                6                           20081201                         20090101            22
NORTH LAS VEGAS                6                6                           20081201                         20090101            22
DENVER                         6                6                           20081201                         20090101            22
THORNTON                      12               12                           20111201                         20120101            58
SANDY                         12               12                           20111201                         20120101            58
CASPER                         0                0                                                                                 0
COMMERCE CITY                  0                0                                                                                 0
TOOELE                        12               12                           20111201                         20120101            58
AMERICAN FORK                 12               12                           20111201                         20120101            58
HAYDEN                         6                6                           20081201                         20090101            22
WOODLAND PARK                  6                6                           20081201                         20090101            22
COLORADO SPRING               12               12                           20111201                         20120101            58
BRIGHTON                       6                6                           20081201                         20090101            22
CHEYENNE                       0                0                                                                                 0
DENVER                         0                0                                                                                 0
LONGMONT                       0                0                                                                                 0
COLORADO SPRING                0                0                                                                                 0
JOHNSTOWN                      0                0                                                                                 0
CAPE CORAL                    12               12                           20081201                         20090101            22
COMMERCE CITY                  6                6                           20081201                         20090101            22
YORBA LINDA                    0                0                                                                                 0
LAKEVILLE                     12               12                           20111201                         20120101            58
WESTMINSTER                    6                6                           20081201                         20090101            22
NORFOLK                        6                6                           20081201                         20090101            22
CHANNAHON                      6                6                           20090901                         20091001            31
RED LION                       0                0                                                                                 0
MINNEAPOLIS                    0                0                                                                                 0
DETROIT                        0                0                                                                                 0
URBANA                        12               12                           20111101                         20111201            57
ALEDO                          0                0                                                                                 0
DETROIT                        0                0                                                                                 0
HAMMOND                        0                0                                                                                 0
ADRIAN                         0                0                                                                                 0
OAK FOREST                     6                6                           20081101                         20081201            21
FORT BRANCH                    0                0                                                                                 0
HOPKINSVILLE                   6                6                           20081101                         20081201            21
CHICAGO                        6                6                           20081101                         20081201            21
DOLTON                         0                0                                                                                 0
HENDERSON                      0                0                                                                                 0
RIVERSIDE                      6                6                           20081201                         20090101            22
PACOIMA                        6                6                           20081201                         20090101            22
FONTANA                       12               12                           20111201                         20120101            58
BANNING                        6                6                           20081201                         20090101            22
BANNING                        0                0                                                                                 0
ADELANTO                      12               12                           20111201                         20120101            58
ANAHEIM                       12               12                           20111201                         20120101            58
CORONA                        12               12                           20111201                         20120101            58
COMPTON                        6                6                           20081201                         20090101            22
HELENDALE AREA                12               12                           20111201                         20120101            58
HESPERIA                       6                6                           20081201                         20090101            22
ANAHEIM                       12               12                           20111201                         20120101            58
(SAUGUS AREA) L                0                0                                                                                 0
ANAHEIM                        6                6                           20081201                         20090101            22
ELMWOOD                       12               12                           20111201                         20120101            58
PERRIS                         6                6                           20081201                         20090101            22
LOS ANGELES                   12               12                           20111201                         20120101            58
RIALTO                        12               12                           20111201                         20120101            58
ORANGE (CITY)                  6                6                           20081201                         20090101            22
SANTA ANA                      6                6                           20081201                         20090101            22
ORANGE                         6                6                           20081201                         20090101            22
AURORA                        12               12                           20111201                         20120101            58
FONTANA AREA                   6                6                           20081201                         20090101            22
WINNETKA AREA                  6                6                           20081201                         20090101            22
BELLFLOWER                     6                6                           20091201                         20100101            34
POMONA                         6                6                           20081201                         20090101            22
MURRIETA                       6                6                           20081201                         20090101            22
LAKE FOREST                    0                0                                                                                 0
WEST COVINA                    6                6                           20081201                         20090101            22
FONTANA                        6                6                           20081201                         20090101            22
PARAMOUNT                      6                6                           20081201                         20090101            22
ANTIOCH                        0                0                                                                                 0
SANTA ANA                     12               12                           20111201                         20120101            58
WESTMINSTER                    6                6                           20081201                         20090101            22
SUISUN CITY                    0                0                                                                                 0
FONTANA                        0                0                                                                                 0
HEMET                         12               12                           20111201                         20120101            58
LINDEN                         0                0                                                                                 0
LOS ANGELES                    6                6                           20081201                         20090101            22
LADERA RANCH AR               12               12                           20111201                         20120101            58
RIVERSIDE                      6                6                           20081201                         20090101            22
ANAHEIM                        6                6                           20081201                         20090101            22
MORENO VALLEY                  6                6                           20081201                         20090101            22
MORENO VALLEY                 12               12                           20111201                         20120101            58
OAKLAND                        0                0                                                                                 0
ORANGE                         6                6                           20081201                         20090101            22
HIGHLAND AREA                  6                6                           20081201                         20090101            22
SANTA ANA                      6                6                           20081201                         20090101            22
BAKERSFIELD                   12               12                           20111201                         20120101            58
GRAND TERRACE                  6                6                           20081101                         20081201            21
SANTA ANA                      6                6                           20081201                         20090101            22
RIALTO                        12               12                           20111201                         20120101            58
SAN BERNARDINO                 6                6                           20081201                         20090101            22
GARDEN GROVE                   0                0                                                                                 0
GARDENA                        0                0                                                                                 0
SANTA ANA                      0                0                                                                                 0
SANTA ANA                      6                6                           20081201                         20090101            22
LOS ANGELES                    0                0                                                                                 0
NORWALK                        6                6                           20081201                         20090101            22
BEAUMONT                       6                6                           20081101                         20081201            21
SOUTH GATE                     0                0                                                                                 0
SANTA ANA                      6                6                           20081201                         20090101            22
SANTA ANA                      6                6                           20081201                         20090101            22
RIALTO                        12               12                           20111201                         20120101            58
RIVERSIDE                      6                6                           20081101                         20081201            21
PERRIS                         0                0                                                                                 0
ANAHEIM                       12               12                           20111201                         20120101            58
SANTA CLARITA                  6                6                           20081201                         20090101            22
SAN FERNANDO                   6                6                           20081201                         20090101            22
ANAHEIM                        6                6                           20081201                         20090101            22
SARATOGA SPRING                6                6                           20080901                         20081001            19
CHICAGO                        6                6                           20081001                         20081101            20
HOUSTON                        0                0                                                                                 0
SAN ANTONIO                    0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
CROSBY                         0                0                                                                                 0
HOUSTON                        0                0                                                                                 0
HUTTO                          0                0                                                                                 0
HI HAT                         6                6                           20080901                         20081001            19
WYLIE                          6                6                           20080801                         20080901            18
MURFREESBORO                   6                6                           20080801                         20080901            18
BLUE RIDGE                     0                0                                                                                 0
LARGO                          0                0                                                                                 0
KINGMAN                        6                6                           20080801                         20080901            18
WAMEGO                         0                0                                                                                 0
KANSAS CITY                    6                6                           20080901                         20081001            19
LEES SUMMIT                    6                6                           20080901                         20081001            19
HESPERIA                       6                6                           20080801                         20080901            18
TOWNSEND                       6                6                           20080601                         20080701            16
YUBA CITY                      0                0                                                                                 0

CITY1                       MARGIN              INIT_RATE_CAP              PER_RATE_CAP              GROSS_LIFE_CAP       MAX_RATE
----------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                     0                       0                         0                           0                  0
BIG BEAR CITY                  0                       0                         0                           0                  0
JAMUL                       6.05                       2                         2                           6              12.75
JAMUL                          0                       0                         0                           0                  0
HENDERSON                   6.05                       3                         1                           6              14.25
BALDWIN PARK                5.75                       3                         1                           6              13.99
BONIFAY                        0                       0                         0                           0                  0
AVENUE BLOOMING             6.05                       3                         1                           6              13.25
AVENUE BLOOMING                0                       0                         0                           0                  0
STANTON                      5.8                       3                         1                           6               12.9
RIVERSIDE AREA                 0                       0                         0                           0                  0
APPLE VALLEY                   0                       0                         0                           0                  0
CANYON COUNTRY                 0                       0                         0                           0                  0
LAKE ELSINORE               6.05                       3                         1                           6              13.35
LAKE ELSINORE                  0                       0                         0                           0                  0
LOMITA                         0                       0                         0                           0                  0
LOS ANGELES                  5.8                       3                         1                           6               15.9
RAWLINS                        0                       0                         0                           0                  0
AURORA                       5.8                       3                         1                           6              13.99
CHULA VISTA                    0                       0                         0                           0                  0
SOUTH PLAINFIEL                0                       0                         0                           0                  0
OAKLEY                         0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
SAN MARCOS                   5.8                       2                         2                           6               12.5
SAN MARCOS                     0                       0                         0                           0                  0
TEMECULA                       0                       0                         0                           0                  0
TEMECULA                       0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
HIGLEY                         0                       0                         0                           0                  0
BIG BEAR CITY                  0                       0                         0                           0                  0
SALINAS                        0                       0                         0                           0                  0
SALINAS                        0                       0                         0                           0                  0
MURRIETA                       0                       0                         0                           0                  0
MENIFEE                      5.8                       2                         2                           6              12.75
ALTON                        5.8                       2                         2                           6               15.9
CLIFTON                      5.8                       2                         2                           6              14.24
EL SOBRANTE                    0                       0                         0                           0                  0
KELLER                         0                       0                         0                           0                  0
LANCASTER                      0                       0                         0                           0                  0
PALMDALE                     5.8                       6                         1                           6              14.75
EVERETT                     5.75                       3                         1                           6               16.2
RESEDA                       5.8                       2                         2                           6              12.25
SCOTTSDALE                   5.8                       3                         1                           6              12.75
EL SOBRANTE                 6.05                       3                         1                           6               13.5
EAST ORANGE                    0                       0                         0                           0                  0
FRISCO                         0                       0                         0                           0                  0
COSTA MESA                   5.8                       3                         1                           6              14.75
PUYALLUP                       0                       0                         0                           0                  0
COLLIERVILLE                   0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
SAINT LOUIS                    0                       0                         0                           0                  0
SEATTLE                      5.8                       3                         1                           6              13.35
SEATTLE                        0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
LOVES PARK                     0                       0                         0                           0                  0
COEUR D ALENE                  0                       0                         0                           0                  0
SEATAC                         0                       0                         0                           0                  0
LOS ANGELES                    0                       0                         0                           0                  0
LOS ANGELES                    0                       0                         0                           0                  0
BATESVILLE                   5.5                       3                         1                           6              14.75
DELRAY BEACH                6.25                       3                         1                           6               13.2
CITY OF UPLAND              6.05                       2                         2                           6               13.3
SAINT LOUIS                    0                       0                         0                           0                  0
FORT SMITH                     0                       0                         0                           0                  0
LOS ANGELES                  5.8                       3                         1                           6               14.5
FONTANA                        0                       0                         0                           0                  0
LAMAR                          0                       0                         0                           0                  0
OXON HILL                      0                       0                         0                           0                  0
FAIRHAVEN                      0                       0                         0                           0                  0
HYANNIS                        0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
HUNTINGTON PARK                0                       0                         0                           0                  0
CAPE GIRARDEAU               5.5                       3                         1                           6                 16
WYOMING                      5.5                       3                         1                           6                 16
BALTIMORE                      0                       0                         0                           0                  0
BURBANK                        0                       0                         0                           0                  0
SPOKANE                        0                       0                         0                           0                  0
CLOVIS                         0                       0                         0                           0                  0
SPRING VALLEY               6.05                       3                         1                           6              12.85
MURRIETA                       0                       0                         0                           0                  0
FLOSSMOOR                      0                       0                         0                           0                  0
BELVIDERE                      0                       0                         0                           0                  0
PFLUGERVILLE                   0                       0                         0                           0                  0
GALENA PARK                    0                       0                         0                           0                  0
COLUMBIA                       0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
WEST LINN                      0                       0                         0                           0                  0
TOMBALL                        0                       0                         0                           0                  0
WEST VALLEY CIT                0                       0                         0                           0                  0
HOUSTON                     6.25                       3                         1                           6               14.8
LONG BEACH                     0                       0                         0                           0                  0
KISSIMMEE                    5.5                       3                         1                           6              14.99
KATY                         5.5                       3                         1                           6               14.7
TAMPA                          0                       0                         0                           0                  0
YOUNGSTOWN                  5.75                       3                         1                           6               15.4
PALO                        5.65                       2                         2                           6              15.45
LYNN                           0                       0                         0                           0                  0
TURRELL                        0                       0                         0                           0                  0
PEMBROKE PINES                 0                       0                         0                           0                  0
LITTLETON                      0                       0                         0                           0                  0
FORT VALLEY                 6.05                       3                         1                           6               14.8
SAN BERNARDINO                 0                       0                         0                           0                  0
PHENIX                       5.5                       3                         1                           6              15.25
OAK PARK                       0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
LONG BEACH                     0                       0                         0                           0                  0
WICHITA                        0                       0                         0                           0                  0
CORONA                      6.05                       3                         1                           6              14.65
PUTNAM CT 06260                0                       0                         0                           0                  0
WHITTIER AREA                  0                       0                         0                           0                  0
QUARTZ HILL ARE                0                       0                         0                           0                  0
KANSAS CITY                 6.25                       3                         1                           6              15.79
SAN JUAN                       0                       0                         0                           0                  0
NEWTON                         0                       0                         0                           0                  0
MAQUOKETA                      0                       0                         0                           0                  0
PRAIRIE CITY                   0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
EAGLE MOUNTAIN                 0                       0                         0                           0                  0
YORBA LINDA                    0                       0                         0                           0                  0
INGLEWOOD                    5.8                       3                         1                           6             14.625
MINDEN                         0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
IOLA                           0                       0                         0                           0                  0
KANSAS CITY                    6                       3                         1                           6              14.75
SAINT LOUIS                 6.25                       3                         1                           6               15.2
HOUSTON                     6.25                       3                         1                           6              14.75
CHICAGO                        0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
FLORISSANT                     0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
ISSAQUAH                       0                       0                         0                           0                  0
FRESNO                         0                       0                         0                           0                  0
REDMOND                     6.05                       3                         1                           6              15.15
CHICAGO                     6.25                       2                         2                           6              16.25
COSTA MESA                     0                       0                         0                           0                  0
TEMPE                        5.5                       3                         1                           6              13.65
CARROLLTON                     0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
UNIC AREA OF LA                0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
SAINT LOUIS                    0                       0                         0                           0                  0
OMAHA                        5.5                       3                         1                           6              15.85
DAVENPORT                      0                       0                         0                           0                  0
DAVENPORT                      0                       0                         0                           0                  0
LEAVENWORTH                  5.5                       3                         1                           6               15.6
SPANAWAY                       0                       0                         0                           0                  0
PORT ORCHARD                   0                       0                         0                           0                  0
POST FALLS                   5.8                       3                         1                           6               14.1
POST FALLS                     0                       0                         0                           0                  0
IONA                         5.5                       3                         1                           6               13.5
POULSBO                        0                       0                         0                           0                  0
BELLINGHAM                   5.8                       3                         1                           6               15.5
SPANAWAY                     5.5                       2                         2                           6               13.3
GERVAIS                     6.05                       3                         1                           6              15.29
HARRISBURG                     0                       0                         0                           0                  0
HARRISBURG                     0                       0                         0                           0                  0
TACOMA                       5.8                       3                         1                           6              14.45
VANCOUVER                      0                       0                         0                           0                  0
NORTH LAS VEGAS                0                       0                         0                           0                  0
NORTH LAS VEGAS                0                       0                         0                           0                  0
BURLINGTON                     0                       0                         0                           0                  0
PORT ORCHARD                 5.5                       3                         1                           6              13.95
ONTARIO                        0                       0                         0                           0                  0
APPLE VALLEY                 5.8                       2                         2                           6              13.75
120-120 1/2 41S             6.25                       3                         1                           6              15.99
NORWALK                      5.8                       2                         2                           6              13.95
NORWALK                        0                       0                         0                           0                  0
CARSON                       5.8                       3                         1                           6              13.55
120-120 1/2 41S                0                       0                         0                           0                  0
LONG BEACH                     0                       0                         0                           0                  0
WINNETKA                    6.05                       3                         1                           6              13.75
WINNETKA                       0                       0                         0                           0                  0
RIVERSIDE                      0                       0                         0                           0                  0
AREA OF LOS ANG              5.8                       2                         2                           6               13.5
LONG BEACH                     0                       0                         0                           0                  0
REDONDO BEACH                5.8                       2                         2                           6              13.75
SURPRISE                       0                       0                         0                           0                  0
RANCHO CUCAMONG             6.05                       3                         1                           6              15.25
ORANGE                       5.8                       3                         1                           6              12.75
ORANGE                         0                       0                         0                           0                  0
FONTANA                      5.8                       3                         1                           6               13.4
(STUDIO CITY AR             6.05                       3                         1                           6              14.75
PALMDALE                     5.8                       2                         2                           6               14.9
HEMET                        5.8                       2                         2                           6              15.75
LOS ANGELES                    0                       0                         0                           0                  0
LOS ANGELES                  5.8                       3                         1                           6              13.55
LOS ANGELES                    0                       0                         0                           0                  0
SAN BERNARDINO               5.8                       3                         1                           6              13.85
FONTANA                      5.8                       3                         1                           6               14.5
LOS ANGELES                  5.8                       2                         2                           6               13.6
LONG BEACH                     0                       0                         0                           0                  0
(LA PUENTE AREA              5.8                       3                         1                           6             14.875
VAN NUYS AREA L                0                       0                         0                           0                  0
SAN DIMAS                    5.8                       3                         1                           6             14.625
OXNARD                         0                       0                         0                           0                  0
AREA OF HEMET               6.05                       3                         1                           6               15.2
HESPERIA                     5.8                       3                         1                           6              14.99
STOCKTON                     5.8                       2                         2                           6              13.99
LAKEWOOD                     5.8                       3                         1                           6              13.85
FONTANA                      5.8                       3                         1                           6             14.375
LAWNDALE                       0                       0                         0                           0                  0
CANOGA PARK ARE              5.8                       3                         1                           6               14.7
FALLBROOK                   6.05                       2                         2                           6              14.75
LAS VEGAS                   6.05                       3                         1                           6               14.7
LOS ANGELES                  5.8                       2                         2                           6              13.95
COMPTON                      5.8                       2                         2                           6              13.65
BALDWIN PARK                 5.8                       3                         1                           6               14.5
CYPRESS                      5.8                       2                         1                           6              12.95
COMPTON                      5.8                       3                         1                           6              13.99
LOS ANGELES                  5.8                       3                         1                           6              13.75
LOS ANGELES                 6.25                       2                         2                           6               13.9
LONG BEACH                   5.8                       2                         2                           6              12.75
LONG BEACH                     0                       0                         0                           0                  0
SANTA ANA                      0                       0                         0                           0                  0
LOS ANGELES                 6.05                       3                         1                           6              14.99
SAN DIEGO                   6.05                       3                         1                           6             13.625
AREA OF SYLMAR             6.251                       3                         1                           6             13.375
CHINO                        5.8                       3                         1                           6              15.35
AREA OF BLOOMIN                0                       0                         0                           0                  0
LOS ANGELES                 6.05                       3                         1                           6              13.55
(COMPTON AREA)              6.25                       2                         2                           6              13.75
PROVO                        5.8                       3                         1                           6              14.45
ADELANTO                     5.8                       3                         1                           6              14.55
KENNEWICK                   6.25                       3                         1                           6              14.35
PORTLAND                     5.8                       3                         1                           6             13.625
COEUR D ALENE               6.25                       3                         1                           6               15.4
EATONVILLE                   5.8                       3                         1                           6              13.75
FEDERAL WAY                    0                       0                         0                           0                  0
PORTLAND                       0                       0                         0                           0                  0
RENTON                       5.8                       2                         2                           6              12.99
SPANAWAY                     5.8                       3                         1                           6              13.65
SPANAWAY                       0                       0                         0                           0                  0
SEATTLE                     6.25                       3                         1                           6               15.8
SUMNER                       5.8                       3                         1                           6               14.5
LAKE FOREST                 6.05                       3                         1                           6             13.999
MARYSVILLE                  6.25                       3                         1                           6                 15
ASHFORD                        0                       0                         0                           0                  0
RATHDRUM                       6                       3                         1                           6              14.99
ABERDEEN                     5.5                       3                         1                           6              14.65
MILWAUKIE                      0                       0                         0                           0                  0
REDMOND                     6.05                       3                         1                           6               13.8
TACOMA                       5.8                       2                         2                           6               14.4
PUYALLUP                     5.8                       3                         1                           6             13.375
PUYALLUP                     5.8                       2                         2                           6               13.9
KENNEWICK                      0                       0                         0                           0                  0
PORTLAND                     5.8                       3                         1                           6               14.5
MULWAUKIE                      0                       0                         0                           0                  0
MALAGA                         0                       0                         0                           0                  0
PORT ORCHARD                   0                       0                         0                           0                  0
BUCKLEY                     6.05                       3                         1                           6              14.45
BONNEY LAKE                    0                       0                         0                           0                  0
NAMPA                        5.5                       3                         1                           6               14.6
TACOMA                       5.8                       3                         1                           6              13.85
TACOMA                         0                       0                         0                           0                  0
LAKEWOOD                       0                       0                         0                           0                  0
OLYMPIA                      5.8                       3                         1                           6               13.3
COEUR D ALENE                  0                       0                         0                           0                  0
TACOMA                       5.8                       3                         1                           6               13.6
SPOKANE                        6                       3                         1                           6              15.75
SEATTLE                     6.05                       3                         1                           6              12.55
ABERDEEN                     5.8                       3                         1                           6               13.6
COVINGTON                    5.8                       3                         1                           6              13.75
TACOMA                      6.05                       3                         1                           6               14.5
EUGENE                       5.8                       2                         2                           6              13.99
TACOMA                      6.05                       3                         1                           6               14.5
PHOENIX                     5.75                       3                         1                           6               14.4
SUMNER                      5.75                       3                         1                           6               13.6
EUGENE                         0                       0                         0                           0                  0
SEATTLE                      5.8                       3                         1                           6               13.6
WOODINVILLE                    0                       0                         0                           0                  0
TACOMA                       5.8                       3                         1                           6               13.5
SHELTON                      5.5                       3                         1                           6               15.1
EVERETT                     6.05                       3                         1                           6              14.97
PASADENA                       0                       0                         0                           0                  0
SIMI VALLEY                  5.8                       3                         1                           6              12.75
VICTORVILLE                  5.5                       3                         1                           6              14.15
PALMDALE                    6.05                       3                         1                           6              15.25
LOS ANGELES                    0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
BUENA PARK                  6.05                       3                         1                           6              13.35
TRABUCO CANYON              6.25                       3                         1                           6             15.625
CHATSWORTH                  6.05                       3                         1                           6             14.625
CORONA                         0                       0                         0                           0                  0
BELLFLOWER                     0                       0                         0                           0                  0
LOS ANGELES                 6.25                       3                         1                           6              15.05
HAWTHORNE                   6.25                       3                         1                           6             14.675
IRVINE                         0                       0                         0                           0                  0
SANTA PAULA                    0                       0                         0                           0                  0
LAKEWOOD                       0                       0                         0                           0                  0
ALHAMBRA                     5.8                       3                         1                           6               14.3
SACRAMENTO                     0                       0                         0                           0                  0
LOS ANGELES                  5.8                       2                         2                           6              13.95
SAN BERNARDINO               5.8                       3                         1                           6              14.35
STOCKTON                    6.05                       3                         1                           6               14.1
LONG BEACH                   5.8                       2                         2                           6                 13
KLAMATH FALLS                5.5                       3                         1                           6              13.95
BELLINGHAM                     0                       0                         0                           0                  0
PORTLAND                       0                       0                         0                           0                  0
PUYALLUP                     5.8                       3                         1                           6             12.875
TACOMA                       5.5                       3                         1                           6               15.7
WASILLA                        0                       0                         0                           0                  0
SPOKANE                      5.5                       3                         1                           6              15.15
WENDELL                        0                       0                         0                           0                  0
PAYETTE                        0                       0                         0                           0                  0
TACOMA                         0                       0                         0                           0                  0
SUQUAMISH                      0                       0                         0                           0                  0
PORTLAND                       0                       0                         0                           0                  0
TACOMA                         0                       0                         0                           0                  0
PUYALLUP                       0                       0                         0                           0                  0
UNIVERSITY PLAC                0                       0                         0                           0                  0
COVINGTON                      0                       0                         0                           0                  0
TWIN FALLS                     0                       0                         0                           0                  0
GIG HARBOR                   5.8                       3                         1                           6              14.49
SHELTON                        0                       0                         0                           0                  0
PORTLAND                    5.75                       3                         1                           6              16.15
SPRINGFIELD                    0                       0                         0                           0                  0
SEDRO WOOLLEY                  0                       0                         0                           0                  0
REPUBLIC                       0                       0                         0                           0                  0
ABERDEEN                     5.5                       3                         1                           6              14.99
OTHELLO                        0                       0                         0                           0                  0
BOTHELL                        0                       0                         0                           0                  0
SPOKANE                        0                       0                         0                           0                  0
SPOKANE                        0                       0                         0                           0                  0
VALHALLA                       0                       0                         0                           0                  0
MONCKS CORNER                  0                       0                         0                           0                  0
BANGOR                         0                       0                         0                           0                  0
TRENTON                        6                       3                         1                           6              15.99
LANHAM                         0                       0                         0                           0                  0
LOWELL                         0                       0                         0                           0                  0
LOWELL                         0                       0                         0                           0                  0
CALUMET CITY                 5.5                       2                         2                           6              15.25
CALUMET CITY                   0                       0                         0                           0                  0
TOWER CITY                     0                       0                         0                           0                  0
MARKHAM                        0                       0                         0                           0                  0
SAINT CLAIR SHO             6.25                       3                         1                           6               16.5
ATLANTA                        0                       0                         0                           0                  0
MONTICELLO                     0                       0                         0                           0                  0
NORRIDGE                     5.5                       2                         2                           6               14.5
BROOKLYN PARK                  0                       0                         0                           0                  0
DETROIT                     6.75                       3                         1                           6              15.15
DETROIT                        0                       0                         0                           0                  0
CANTON                         0                       0                         0                           0                  0
BOYNTON BEACH                  0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
DECATUR                        0                       0                         0                           0                  0
GARY                           0                       0                         0                           0                  0
GARY                           0                       0                         0                           0                  0
HAMPTON                        0                       0                         0                           0                  0
ADDISON                        0                       0                         0                           0                  0
PALATINE                    5.75                       3                         1                           6               15.2
ROBBINSDALE                    0                       0                         0                           0                  0
LITTLE FALLS                   0                       0                         0                           0                  0
PRINCETON                      0                       0                         0                           0                  0
BROOKLYN PARK                5.8                       3                         1                           6               13.2
BROOKLYN PARK                  0                       0                         0                           0                  0
LAND O LAKES                   0                       0                         0                           0                  0
CHASKA                         0                       0                         0                           0                  0
SAINT PAUL                     0                       0                         0                           0                  0
HANOVER PARK                5.25                       2                         2                           6               16.3
BUCKEYE                      5.8                       3                         1                           6              15.45
KINGMAN                      5.5                       3                         1                           6               16.7
LAS VEGAS                    5.8                       3                         1                           6               13.4
PHOENIX                     6.05                       3                         1                           6               14.8
KANSAS CITY                    0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
DETROIT                        0                       0                         0                           0                  0
CHADWICK                       0                       0                         0                           0                  0
RICHMOND                       0                       0                         0                           0                  0
NEW BEDFORD                    0                       0                         0                           0                  0
RICHMOND                       0                       0                         0                           0                  0
COLUMBIA                     5.5                       3                         1                           6               15.7
BANGOR                         0                       0                         0                           0                  0
NASHUA                         0                       0                         0                           0                  0
CHARLOTTE                      0                       0                         0                           0                  0
DETROIT                        0                       0                         0                           0                  0
CROWLEY                        0                       0                         0                           0                  0
MIAMI                          0                       0                         0                           0                  0
RIDGELAND                      0                       0                         0                           0                  0
RAILROAD FLAT                  0                       0                         0                           0                  0
LANCASTER                      0                       0                         0                           0                  0
RIDGELAND                      0                       0                         0                           0                  0
HALSTEAD                     5.5                       3                         1                           6               14.6
GILBERT                        0                       0                         0                           0                  0
GILBERT                        0                       0                         0                           0                  0
DETROIT                        0                       0                         0                           0                  0
BRYAN                          0                       0                         0                           0                  0
LITTLE RIVER AC                0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
LAREDO                         0                       0                         0                           0                  0
LAREDO                         0                       0                         0                           0                  0
HOUSTON                     6.25                       3                         1                           6               15.8
KINGWOOD                       0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
BAYTOWN                        0                       0                         0                           0                  0
LA PORTE                       0                       0                         0                           0                  0
BAYTOWN                        0                       0                         0                           0                  0
BACLIFF                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
AUSTIN                         0                       0                         0                           0                  0
DEER PARK                      0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
FORT WORTH                   5.5                       3                         1                           6               15.3
COLUMBIA                       0                       0                         0                           0                  0
JENKS                          0                       0                         0                           0                  0
MONCKS CORNER                  0                       0                         0                           0                  0
EL PASO                        0                       0                         0                           0                  0
SAN ANTONIO                  5.5                       3                         1                           6               14.7
CARROLLTON                     0                       0                         0                           0                  0
CARROLLTON                   5.5                       3                         1                           6              16.35
GARLAND                        0                       0                         0                           0                  0
EL PASO                        0                       0                         0                           0                  0
BOLIVAR                        0                       0                         0                           0                  0
ARLINGTON                      0                       0                         0                           0                  0
DALLAS                      6.25                       3                         1                           6              14.65
MEMPHIS                        0                       0                         0                           0                  0
HITCHCOCK                      0                       0                         0                           0                  0
DESOTO                         0                       0                         0                           0                  0
ATHENS                       5.5                       3                         1                           6               14.5
BOWIE                          0                       0                         0                           0                  0
BEDFORD                        0                       0                         0                           0                  0
DENISON                        0                       0                         0                           0                  0
SAN MARCOS                   5.5                       2                         2                           6              12.99
CEDAR HILL                     0                       0                         0                           0                  0
GLENN HEIGHTS                  0                       0                         0                           0                  0
IRVING                         0                       0                         0                           0                  0
PRYOR                          0                       0                         0                           0                  0
ROWLETT                        0                       0                         0                           0                  0
BURLESON                       0                       0                         0                           0                  0
BOWIE                          0                       0                         0                           0                  0
BALCH SPRINGS                  0                       0                         0                           0                  0
BALCH SPRINGS                  0                       0                         0                           0                  0
MCKINNEY                       0                       0                         0                           0                  0
DALLAS                         0                       0                         0                           0                  0
WICHITA FALLS                  0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
GRAND PRAIRIE                  0                       0                         0                           0                  0
BOWIE                        5.5                       3                         1                           6               14.6
GULFPORT                       0                       0                         0                           0                  0
MAYNARDVILLE                5.75                       2                         2                           6              15.99
VILONIA                      5.5                       3                         1                           6               15.2
EL PASO                        0                       0                         0                           0                  0
FORT WORTH                     6                       3                         1                           6               15.5
VICTORIA                       6                       3                         1                           6              15.25
LOWRY CROSSING                 0                       0                         0                           0                  0
HAYDEN                         0                       0                         0                           0                  0
TELEPHONE                      0                       0                         0                           0                  0
GRAND PRAIRIE               5.85                       3                         1                           6              15.85
HOUSTON                        0                       0                         0                           0                  0
STANHOPE                       0                       0                         0                           0                  0
PORT NECHES                    0                       0                         0                           0                  0
RICHMOND                       0                       0                         0                           0                  0
DALLAS                         0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
WILLIS                         0                       0                         0                           0                  0
KYLE                           0                       0                         0                           0                  0
HUMBLE                         0                       0                         0                           0                  0
HUNTSVILLE                     0                       0                         0                           0                  0
WILLIS                         0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
KATY                           0                       0                         0                           0                  0
HORIZON CITY                6.25                       3                         1                           6               14.9
NEW BRAUNFELS                  0                       0                         0                           0                  0
PASADENA                       0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
LEANDER                        0                       0                         0                           0                  0
S. OGDEN                    6.25                       3                         1                           6               15.8
BILLINGS                     5.5                       3                         1                           6              15.99
TOOELE                      6.25                       3                         1                           6              15.35
LEHI                           0                       0                         0                           0                  0
WEST VALLEY                 6.25                       3                         1                           6              16.25
SAINT GEORGE                 5.5                       3                         1                           6              15.42
COLORADO SPRING                0                       0                         0                           0                  0
WALDORF                        0                       0                         0                           0                  0
OWINGS MILLS                 5.8                       3                         1                           6               13.7
CHICAGO                      5.3                       3                         1                           6              15.25
CHICAGO                        0                       0                         0                           0                  0
GLENDALE HEIGHT                0                       0                         0                           0                  0
LA MARQUE                   6.25                       3                         1                           6               14.7
LAKE JACKSON                   0                       0                         0                           0                  0
EL PASO                        0                       0                         0                           0                  0
SHOREACRES                     0                       0                         0                           0                  0
EDINBURG                       0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
MONTGOMERY                  6.25                       3                         1                           6               16.4
ANGLETON                       0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
MAGNOLIA                       0                       0                         0                           0                  0
LEADWOOD                       6                       3                         1                           6               17.4
ST. LOUIS                      0                       0                         0                           0                  0
LINCOLN                        0                       0                         0                           0                  0
MILFORD                        0                       0                         0                           0                  0
SAINT LOUIS                 5.75                       3                         1                           6               16.5
JESUP                          0                       0                         0                           0                  0
LEAVENWORTH                    0                       0                         0                           0                  0
MASON CITY                     0                       0                         0                           0                  0
INDEPENDENCE                   0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
ST. LOUIS                      0                       0                         0                           0                  0
BLAIR                        5.5                       3                         1                           6              15.95
KANSAS CITY                    0                       0                         0                           0                  0
DES MOINES                     0                       0                         0                           0                  0
OMAHA                          0                       0                         0                           0                  0
RAYMORE                        0                       0                         0                           0                  0
SAINT LOUIS                  5.5                       3                         1                           6              15.75
FREEBURG                       0                       0                         0                           0                  0
COUNCIL BLUFFS               5.5                       3                         1                           6             16.875
OLATHE                         0                       0                         0                           0                  0
ST. LOUIS                      0                       0                         0                           0                  0
CANTON                       5.5                       3                         1                           6              15.95
SIBLEY                       5.5                       3                         1                           6               16.4
SAINT LOUIS                 5.75                       3                         1                           6              17.75
TIFFIN                         0                       0                         0                           0                  0
LEE'S SUMMIT                   0                       0                         0                           0                  0
KANSAS CITY                 6.25                       3                         1                           6              15.79
KANSAS CITY                 5.75                       3                         1                           6               17.4
SAINT LOUIS                    6                       3                         1                           6               15.7
COUNCIL BLUFFS               5.5                       3                         1                           6               15.8
KANSAS CITY                 5.75                       3                         1                           6              15.95
SAINT LOUIS                 5.75                       3                         1                           6              16.99
KANSAS CITY                  5.5                       3                         1                           6              16.75
ST. LOUIS                    5.5                       3                         1                           6               15.4
LEON                        5.75                       3                         1                           6               15.3
BELLEVUE                     5.5                       3                         1                           6              15.95
WICHITA                        0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
KANSAS CITY                 5.75                       3                         1                           6              15.45
OMAHA                        5.5                       3                         1                           6              15.05
KANSAS CITY                    0                       0                         0                           0                  0
OVERLAND PARK                5.5                       3                         1                           6              14.65
HUTCHINSON                  6.25                       3                         1                           6              14.75
BATES CITY                     0                       0                         0                           0                  0
COSBY                        5.8                       3                         1                           6               15.2
WENATCHEE                    5.8                       3                         1                           6              13.95
WEST LINN                      0                       0                         0                           0                  0
BREMERTON                      0                       0                         0                           0                  0
PORTLAND                       0                       0                         0                           0                  0
CAMARILLO                      0                       0                         0                           0                  0
QUARTZ HILL ARE              5.8                       3                         1                           6              13.99
CARSON                         0                       0                         0                           0                  0
APPLE VALLEY AR                0                       0                         0                           0                  0
BUENA PARK                   5.8                       3                         1                           6              14.95
QUARTZ HILL ARE                0                       0                         0                           0                  0
WILMINGTON AREA                0                       0                         0                           0                  0
LOS ANGELES                    0                       0                         0                           0                  0
ADELANTO                       0                       0                         0                           0                  0
LANCASTER AREA                 0                       0                         0                           0                  0
NIPOMO                         0                       0                         0                           0                  0
CORONA                       5.8                       3                         1                           6              15.45
VENTURA (AREA O                0                       0                         0                           0                  0
NORTHRIDGE AREA                0                       0                         0                           0                  0
NORTHRIDGE AREA                0                       0                         0                           0                  0
WOODLAND HILLS               5.8                       3                         1                           6               14.5
POMONA                       5.8                       3                         1                           6               13.7
VICTORVILLE                  5.8                       2                         2                           6              13.45
HEMET                          0                       0                         0                           0                  0
MATTAWA                        0                       0                         0                           0                  0
COEUR D ALENE                5.5                       3                         1                           6              15.85
IDAHO FALLS                    0                       0                         0                           0                  0
SPOKANE                      5.5                       3                         1                           6             12.325
EVERETT                        0                       0                         0                           0                  0
SPOKANE                        0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
CEDAR RAPIDS                 5.5                       3                         1                           6               15.3
OVERLAND PARK                  0                       0                         0                           0                  0
DES MOINES                     0                       0                         0                           0                  0
MAQUOKETA                      0                       0                         0                           0                  0
ST. PETERS                  6.25                       3                         1                           6               14.1
GARDNER                        0                       0                         0                           0                  0
ABBYVILLE                   5.75                       3                         1                           6              15.05
ST. LOUIS                    5.5                       3                         1                           6               16.3
DES MOINES                     0                       0                         0                           0                  0
MAQUOKETA                      0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
PERRY                          0                       0                         0                           0                  0
OVERLAND PARK                  0                       0                         0                           0                  0
OLATHE                         0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
GRANDVIEW                      0                       0                         0                           0                  0
ADAIR                          0                       0                         0                           0                  0
ASHLAND                      5.8                       3                         1                           6               15.1
KANSAS CITY                    0                       0                         0                           0                  0
VIOLA                          0                       0                         0                           0                  0
GRAIN VALLEY                   0                       0                         0                           0                  0
MAQUOKETA                      0                       0                         0                           0                  0
COLORADO SPRING                0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
CRESTON                        0                       0                         0                           0                  0
COVINGTON                      0                       0                         0                           0                  0
ELIZABETH CITY              6.25                       3                         1                           6              14.95
FORT WALTON BEA              5.5                       3                         1                           6               17.4
ATLANTA                      5.5                       3                         1                           6               14.9
MCHENRY                        0                       0                         0                           0                  0
HIALEAH                        0                       0                         0                           0                  0
LITHONIA                       0                       0                         0                           0                  0
ORLANDO                     6.25                       3                         1                           6              14.25
PORT SAINT LUCI             6.25                       3                         1                           6               14.1
CLERMONT                     5.8                       3                         1                           6              14.75
MIAMI                       6.25                       3                         1                           6              14.45
CHICAGO                        0                       0                         0                           0                  0
NORTH AUGUSTA                  0                       0                         0                           0                  0
ATLANTA                        0                       0                         0                           0                  0
SUNRISE                      5.5                       3                         1                           6              14.45
ATLANTA                        0                       0                         0                           0                  0
NORTHBROOK                     0                       0                         0                           0                  0
SNELLVILLE                   5.5                       3                         1                           6              14.99
CAROL STREAM                5.75                       3                         1                           6               13.5
ELLENWOOD                    5.5                       3                         1                           6               15.6
TAMPA                       6.25                       3                         1                           6              14.95
COVINGTON                   5.75                       3                         1                           6               14.3
NEWNAN                         0                       0                         0                           0                  0
ELLENWOOD                      0                       0                         0                           0                  0
ORANGE PARK                 6.25                       3                         1                           6              14.15
SCOTTSDALE                     0                       0                         0                           0                  0
CASA GRANDE                    0                       0                         0                           0                  0
PHOENIX                      5.8                       3                         1                           6              13.15
CASA GRANDE                    0                       0                         0                           0                  0
QUEEN CREEK                    0                       0                         0                           0                  0
PHOENIX                      5.5                       3                         1                           6               16.2
SURPRISE                       0                       0                         0                           0                  0
TUCSON                         0                       0                         0                           0                  0
QUEEN CREEK                  5.8                       3                         1                           6              14.95
CASA GRANDE                    0                       0                         0                           0                  0
NORTH LAS VEGAS                0                       0                         0                           0                  0
LAS VEGAS                      0                       0                         0                           0                  0
GOLD CANYON                 5.75                       3                         1                           6               15.5
MAYER                          0                       0                         0                           0                  0
QUEEN CREEK                    0                       0                         0                           0                  0
KINGMAN                        0                       0                         0                           0                  0
TUCSON                         0                       0                         0                           0                  0
SURPRISE                       0                       0                         0                           0                  0
CASA GRANDE                    0                       0                         0                           0                  0
LAS VEGAS                    5.8                       2                         2                           6                 13
GOODYEAR                    6.05                       3                         1                           6              13.45
SURPRISE                     5.8                       2                         2                           6               12.8
TOLLESON                     5.8                       3                         1                           6              13.45
MESA                        5.75                       2                         2                           6               15.5
QUEEN CREEK                  5.8                       3                         1                           6              13.15
LAS VEGAS                      0                       0                         0                           0                  0
QUEEN CREEK                    0                       0                         0                           0                  0
CASA GRANDE                  5.8                       3                         1                           6               14.1
LAS VEGAS                    5.8                       3                         1                           6              13.05
AVONDALE                     5.8                       3                         1                           6               14.1
FORT MOHAVE                 6.05                       3                         1                           6              12.75
QUEEN CREEK                 6.05                       3                         1                           6               14.1
GLENDALE                     5.8                       3                         1                           6              13.35
SURPRISE                     5.8                       3                         1                           6              12.45
NORTH LAS VEGAS                0                       0                         0                           0                  0
SEDONA                      6.05                       3                         1                           6              13.65
LAS VEGAS                    5.8                       2                         2                           6              13.95
PHOENIX                      5.8                       3                         1                           6              14.55
PHOENIX                      5.8                       3                         1                           6              13.45
PHOENIX                      5.5                       3                         1                           6              13.55
QUEEN CREEK                  5.8                       3                         1                           6               14.7
QUEEN CREEK                  5.8                       3                         1                           6               13.9
QUEEN CREEK                  5.8                       3                         1                           6              13.75
SAHUARITA                    5.8                       3                         1                           6               13.1
AMADO                        5.5                       3                         1                           6               16.8
TUCSON                       5.5                       3                         1                           6              14.75
PHOENIX                      5.5                       3                         1                           6              15.45
LAVEEN                       5.5                       3                         1                           6              13.29
SURPRISE                    6.05                       3                         1                           6              12.95
PEORIA                       5.5                       3                         1                           6             13.625
SURPRISE                       0                       0                         0                           0                  0
QUEEN CREEK                  5.8                       3                         1                           6              13.95
KINGMAN                     5.75                       3                         1                           6              15.39
PHOENIX                      5.8                       3                         1                           6              13.65
KANSAS CITY                  5.5                       3                         1                           6              14.75
INDEPENDENCE                 5.5                       3                         1                           6              15.45
CHARLES CITY                   0                       0                         0                           0                  0
INDEPENDENCE                6.25                       3                         1                           6               15.6
KANSAS CITY                    6                       3                         1                           6               16.8
SENECA                         0                       0                         0                           0                  0
LEAVENWORTH                 5.75                       3                         1                           6              14.79
KANSAS CITY                    0                       0                         0                           0                  0
DES MOINES                   5.5                       3                         1                           6              15.05
COUNCIL BLUFFS                 0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
PALATINE                       0                       0                         0                           0                  0
PORT CHARLOTTE              6.25                       3                         1                           6              13.85
ATLANTA                      5.5                       3                         1                           6              15.85
CHICAGO                        0                       0                         0                           0                  0
ATLANTA                     6.25                       3                         1                           6               15.8
ST CLAIR SHORES              5.5                       3                         1                           6              15.99
CHICAGO                        0                       0                         0                           0                  0
LITHONIA                       0                       0                         0                           0                  0
JACKSON                        0                       0                         0                           0                  0
AURORA                         0                       0                         0                           0                  0
HOFFMAN ESTATES                0                       0                         0                           0                  0
COON RAPIDS                    0                       0                         0                           0                  0
PLAINFIELD                     0                       0                         0                           0                  0
SCHAUMBURG                     0                       0                         0                           0                  0
JACKSONVILLE                   0                       0                         0                           0                  0
DETROIT                      5.5                       3                         1                           6              15.99
RUFFIN                         0                       0                         0                           0                  0
TITUSVILLE                  6.25                       3                         1                           6              12.95
ROSEVILLE                      0                       0                         0                           0                  0
LAKELAND                       0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
RIVERDALE                      0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
CHICAGO HEIGHTS              5.5                       3                         1                           6              15.99
ROCKMART                       0                       0                         0                           0                  0
BOGART                         0                       0                         0                           0                  0
EVANSVILLE                     0                       0                         0                           0                  0
DETROIT                        0                       0                         0                           0                  0
GAINESVILLE                  5.5                       3                         1                           6              15.75
MIRAMAR                      5.8                       2                         2                           6              12.99
MAYWOOD                        0                       0                         0                           0                  0
CHICAGO                     6.25                       2                         2                           6              15.55
ROSEMONT                    5.75                       2                         2                           6              15.65
NEWAYGO                      5.5                       3                         1                           6              15.25
NEWAYGO                        0                       0                         0                           0                  0
ATLANTA                        0                       0                         0                           0                  0
HARVEY                      6.25                       2                         2                           6               15.1
CHICAGO                      5.5                       2                         2                           6               15.4
MILTON                         0                       0                         0                           0                  0
WOODRIDGE                      0                       0                         0                           0                  0
ST LOUIS PARK                  0                       0                         0                           0                  0
HIGH POINT                  6.25                       3                         1                           6               15.5
BELLEVILLE                     0                       0                         0                           0                  0
CONYERS                      5.5                       3                         1                           6              14.25
COVINGTON                      0                       0                         0                           0                  0
VALDOSTA                       0                       0                         0                           0                  0
DEFUNIAK SPRING                0                       0                         0                           0                  0
CHICAGO                     5.75                       2                         2                           6              16.15
MACOMB                         0                       0                         0                           0                  0
HIALEAH                        0                       0                         0                           0                  0
ELK RIVER                    5.8                       2                         2                           6              15.29
LAFAYETTE                      0                       0                         0                           0                  0
GATESVILLE                  6.25                       3                         1                           6              15.24
AUGUSTA                        0                       0                         0                           0                  0
MOUNT PROSPECT              5.75                       3                         1                           6               15.6
ROCHELLE                     5.5                       2                         2                           6               15.4
MOUNT VERNON                5.75                       3                         1                           6               15.7
DETROIT                      5.5                       3                         1                           6              15.85
TAMPA                          0                       0                         0                           0                  0
TEMPLE                         0                       0                         0                           0                  0
DOUGLASVILLE                   0                       0                         0                           0                  0
ROSELLE                     6.25                       2                         2                           6              14.85
ELMORE                       5.5                       3                         1                           6             16.235
CROSS                          0                       0                         0                           0                  0
LECANTO                        0                       0                         0                           0                  0
DECATUR                        0                       0                         0                           0                  0
AUBURN HILLS                5.75                       3                         1                           6              14.99
LOUISVILLE                   5.5                       3                         1                           6                 16
GLENDALE HEIGHT                0                       0                         0                           0                  0
RIVERVIEW                      0                       0                         0                           0                  0
SOUTH HOLLAND               5.75                       2                         2                           6               15.5
CHICAGO                      5.8                       3                         1                           6              15.35
MAYWOOD                        0                       0                         0                           0                  0
CHICAGO                        6                       2                         2                           6              16.15
LILBURN                      5.5                       3                         1                           6              15.34
DEERFIELD                    5.5                       2                         2                           6              14.35
NEW PORT RICHEY                0                       0                         0                           0                  0
GLENWOOD                       0                       0                         0                           0                  0
INDIANAPOLIS                 5.5                       3                         1                           6              15.55
UNION                          0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
SANFORD                      5.5                       3                         1                           6              16.15
ORLAND PARK                  5.5                       3                         1                           6               13.2
ELGIN                        5.5                       2                         2                           6              14.75
BELLWOOD                     5.6                       3                         1                           6              14.29
JOLIET                       5.5                       3                         1                           6              14.95
STERLING HEIGHT             5.75                       3                         1                           6              15.65
IXONIA                         0                       0                         0                           0                  0
BERWYN                         5                       3                         1                           6              16.15
WHEATON                        0                       0                         0                           0                  0
SAUK VILLAGE                   5                       3                         1                           6              15.99
GRAND RAPIDS                5.75                       3                         1                           6              15.99
CHICAGO                      5.5                       2                         2                           6               14.8
CHICAGO                      5.5                       2                         2                           6               13.2
CHICAGO HEIGHTS              5.5                       2                         2                           6               15.7
DETROIT                        0                       0                         0                           0                  0
HAZEL PARK                  6.25                       3                         1                           6              16.25
ROCKFORD                     5.5                       3                         1                           6              16.25
HOLIDAY                        0                       0                         0                           0                  0
WESTCHESTER                  5.5                       2                         2                           6              16.55
MACHESNEY PARK               5.5                       3                         1                           6               15.6
CUMMING                        0                       0                         0                           0                  0
BRADENTON                      0                       0                         0                           0                  0
GLENN DALE                  6.05                       3                         1                           6               14.5
CHARLOTTE                    5.5                       3                         1                           6               15.5
COLLEGE PARK                   0                       0                         0                           0                  0
MONTGOMERY                     0                       0                         0                           0                  0
BANGOR                         0                       0                         0                           0                  0
ROCHESTER HILLS              5.8                       2                         2                           6              15.99
FOX LAKE                     5.5                       3                         1                           6               14.5
ULEN                           0                       0                         0                           0                  0
STONE MOUNTAIN                 0                       0                         0                           0                  0
ROCKMART                     5.5                       3                         1                           6               12.6
ROCKMART                       0                       0                         0                           0                  0
SALEM                        5.5                       3                         1                           6              15.75
PROVIDENCE                     0                       0                         0                           0                  0
REDDICK                        0                       0                         0                           0                  0
CHICAGO HEIGHTS             6.25                       2                         2                           6              15.32
HUDSON                         6                       3                         1                           6               15.9
KENDUSKEAG                     0                       0                         0                           0                  0
SKOWHEGAN                      0                       0                         0                           0                  0
STAFFORD                       0                       0                         0                           0                  0
AGAWAM                         0                       0                         0                           0                  0
NEW LENOX                      0                       0                         0                           0                  0
UPPER MARLBORO               5.8                       3                         1                           6              12.85
BRIDGEVIEW                   5.5                       2                         2                           6               15.6
WASHINGTON                     0                       0                         0                           0                  0
MAPLEWOOD                      0                       0                         0                           0                  0
BROOKLINE                      0                       0                         0                           0                  0
3EST WARWICK                   0                       0                         0                           0                  0
WESTBROOK                    5.5                       2                         2                           6               15.2
RALEIGH                        0                       0                         0                           0                  0
BROOKLYN                       0                       0                         0                           0                  0
ATLANTA                        0                       0                         0                           0                  0
ELK RIVER                      0                       0                         0                           0                  0
CARMEL                         0                       0                         0                           0                  0
DISTRICT HEIGHT              5.8                       2                         2                           6              13.85
EVANSVILLE                     0                       0                         0                           0                  0
BROOKLYN                       0                       0                         0                           0                  0
ZEBULON                      5.5                       3                         1                           6               15.5
NORTH ADAMS                  5.5                       3                         1                           6               14.9
JONESBORO                    5.5                       3                         1                           6              15.35
HAMPSTEAD                    5.5                       3                         1                           6              16.79
MOREHEAD CITY                5.5                       3                         1                           6              14.05
LITTLETON                      0                       0                         0                           0                  0
WILMINGTON                     0                       0                         0                           0                  0
COLUMBIA                       0                       0                         0                           0                  0
WARREN                       5.5                       3                         1                           6              15.99
LOCKPORT                     5.5                       3                         1                           6              15.75
FLORHAM PARK                 5.8                       3                         1                           6               15.6
BURNHAM                        0                       0                         0                           0                  0
BALTIMORE                      0                       0                         0                           0                  0
GREENSBORO                   5.8                       3                         1                           6             14.275
SAINT ALBANS                   0                       0                         0                           0                  0
IRVINGTON                   5.75                       3                         1                           6              16.15
BREWER                         0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
SANFORD                        0                       0                         0                           0                  0
DORCHESTER                     0                       0                         0                           0                  0
GAINESVILLE                    0                       0                         0                           0                  0
SILVER SPRING                5.5                       3                         1                           6              13.55
ROCKFORD                       0                       0                         0                           0                  0
HERMON                       5.5                       3                         1                           6              13.49
TWO HARBORS                    0                       0                         0                           0                  0
BALTIMORE                      0                       0                         0                           0                  0
WEST STEWARTSTO                0                       0                         0                           0                  0
LOWELL                         0                       0                         0                           0                  0
MIDLOTHIAN                     0                       0                         0                           0                  0
PRINCESS ANNE                  0                       0                         0                           0                  0
CHICOPEE                       0                       0                         0                           0                  0
LOWELL                         0                       0                         0                           0                  0
LOWELL                         0                       0                         0                           0                  0
SOUTH OZONE PAR                0                       0                         0                           0                  0
HIGH POINT                     0                       0                         0                           0                  0
ROSEVILLE                    5.5                       3                         1                           6              14.25
BALTIMORE                      0                       0                         0                           0                  0
COUNTRY CLUB HI                0                       0                         0                           0                  0
SPRINGFIELD                    0                       0                         0                           0                  0
SPRINGFIELD                    0                       0                         0                           0                  0
ATHENS                         0                       0                         0                           0                  0
GASTONIA                       0                       0                         0                           0                  0
ESSEX JUNCTION                 0                       0                         0                           0                  0
SAINT ALBANS                   0                       0                         0                           0                  0
DIXFIELD                       0                       0                         0                           0                  0
CORONA                         0                       0                         0                           0                  0
BALTIMORE                      0                       0                         0                           0                  0
BAY SHORE                      0                       0                         0                           0                  0
NORTH EAST                     0                       0                         0                           0                  0
EVERETT                        0                       0                         0                           0                  0
EDEN                           0                       0                         0                           0                  0
CHARLOTTE                    5.5                       2                         2                           6              14.99
CRYSTAL LAKE                 5.5                       2                         2                           6               14.6
BALTIMORE                      0                       0                         0                           0                  0
COVENTRY                       0                       0                         0                           0                  0
FRANKLINVILLE                  0                       0                         0                           0                  0
STEUBEN                        0                       0                         0                           0                  0
NEWARK                         0                       0                         0                           0                  0
CORINNA                        0                       0                         0                           0                  0
ATLANTA                        0                       0                         0                           0                  0
LEXINGTON                      0                       0                         0                           0                  0
HIBBING                        6                       3                         1                           6              15.85
SCHAUMBURG                     0                       0                         0                           0                  0
UPPER MARLBORO                 0                       0                         0                           0                  0
LIVERMORE FALLS                0                       0                         0                           0                  0
DETROIT                        0                       0                         0                           0                  0
BALTIMORE                    5.5                       3                         1                           6              15.85
METROPOLIS                   5.5                       3                         1                           6              16.45
JAMAICA                        0                       0                         0                           0                  0
SOMERSWORTH                    0                       0                         0                           0                  0
BURLINGTON                     0                       0                         0                           0                  0
RANDALLSTOWN                 5.8                       2                         2                           6              13.85
ROSELLE                     6.25                       2                         2                           6               15.1
CLINTON                        0                       0                         0                           0                  0
CLINTON                        0                       0                         0                           0                  0
RICHMOND                     5.5                       3                         1                           6              15.25
WINSTON SALEM                  0                       0                         0                           0                  0
STRASBURG                   6.25                       3                         1                           6              14.35
BEMIDJI                        0                       0                         0                           0                  0
DEKALB                         0                       0                         0                           0                  0
EVANSVILLE                     0                       0                         0                           0                  0
GLEN BURNIE                    0                       0                         0                           0                  0
SPRINGFIELD                    6                       2                         2                           6               15.6
UNIVERSITY PARK              5.5                       2                         2                           6              15.95
LINWOOD                        0                       0                         0                           0                  0
PATERSON                       0                       0                         0                           0                  0
BRISTOL                        0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
CHICAGO                      5.5                       2                         2                           6               14.6
INVER GROVE HEI                0                       0                         0                           0                  0
KNAPP                          0                       0                         0                           0                  0
ALEXANDRIA                     0                       0                         0                           0                  0
AMERY                          0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
NORTH SAINT PAU                0                       0                         0                           0                  0
OXFORD                         0                       0                         0                           0                  0
RALEIGH                      5.5                       3                         1                           6               14.4
LEVERING                     5.5                       3                         1                           6              15.89
AURORA                         0                       0                         0                           0                  0
PORTLAND                       0                       0                         0                           0                  0
MUNDELEIN                      0                       0                         0                           0                  0
PORTLAND                       0                       0                         0                           0                  0
ROLLING MEADOWS              4.5                       3                         1                           6              16.25
GLENBURN                       0                       0                         0                           0                  0
DETROIT                     6.25                       3                         1                           6              15.15
BENTON                         0                       0                         0                           0                  0
BURLINGTON                     0                       0                         0                           0                  0
SWANTON                        0                       0                         0                           0                  0
DETROIT                      5.5                       3                         1                           6              15.85
CHICAGO                      5.5                       3                         1                           6              13.75
CHARLESTOWN                    0                       0                         0                           0                  0
BALTIMORE                      0                       0                         0                           0                  0
EAST GREENWICH                 0                       0                         0                           0                  0
CARMEL                         0                       0                         0                           0                  0
PATERSON                       0                       0                         0                           0                  0
WINSTON SALEM                  0                       0                         0                           0                  0
PETERBOROUGH                   0                       0                         0                           0                  0
JONESPORT                      0                       0                         0                           0                  0
PORTLAND                       0                       0                         0                           0                  0
ELGIN                          0                       0                         0                           0                  0
WOODBRIDGE                     0                       0                         0                           0                  0
HYATTSVILLE                  5.8                       3                         1                           6              13.25
BLOOMINGTON                    0                       0                         0                           0                  0
ROCKFORD                     5.5                       3                         1                           6              16.05
BALTIMORE                      0                       0                         0                           0                  0
HAMMOND                     6.25                       2                         2                           6               14.3
HOLBROOK                     5.5                       2                         2                           6              16.65
PATERSON                       0                       0                         0                           0                  0
SHAPLEIGH                      0                       0                         0                           0                  0
WATERVILLE                     0                       0                         0                           0                  0
FALL RIVER                     0                       0                         0                           0                  0
ALBANY                         0                       0                         0                           0                  0
MOUNT HOLLY                    0                       0                         0                           0                  0
MERRIMACK                      0                       0                         0                           0                  0
BALTIMORE                      0                       0                         0                           0                  0
LANDOVER                       0                       0                         0                           0                  0
MANCHESTER                     0                       0                         0                           0                  0
CHICAGO                      5.5                       2                         2                           6              13.75
BARRE                          0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
NASHUA                         0                       0                         0                           0                  0
CENTRAL ISLIP                  0                       0                         0                           0                  0
AURORA                         0                       0                         0                           0                  0
BREWER                         0                       0                         0                           0                  0
CUMBERLAND FORE                0                       0                         0                           0                  0
SALISBURY                      0                       0                         0                           0                  0
PETERBOROUGH                   0                       0                         0                           0                  0
GLEN ALLEN                     0                       0                         0                           0                  0
REHOBOTH                       0                       0                         0                           0                  0
POOLESVILLE                    0                       0                         0                           0                  0
CHICAGO                        5                       2                         2                           6               16.8
NORTH PROVIDENC              5.5                       3                         1                           6                 13
CHARLOTTE                      0                       0                         0                           0                  0
DAVENPORT                    5.6                       3                         1                           6              15.85
SHELTON                        0                       0                         0                           0                  0
DES MOINES                     0                       0                         0                           0                  0
CARL JUNCTION                  0                       0                         0                           0                  0
MARSHFIELD                     0                       0                         0                           0                  0
BOELUS                         0                       0                         0                           0                  0
GUTHRIE CENTER                 0                       0                         0                           0                  0
OLATHE                         0                       0                         0                           0                  0
LUFKIN                         0                       0                         0                           0                  0
MANSFIELD                      0                       0                         0                           0                  0
BRANDON                      5.5                       3                         1                           6               13.4
BLACK CANYON CI                0                       0                         0                           0                  0
CARLSBAD                    6.25                       3                         1                           6              16.25
MISSION VIEJO                5.5                       2                         2                           6              13.65
APLINGTON                      0                       0                         0                           0                  0
ELDON                          0                       0                         0                           0                  0
NEWTON                         0                       0                         0                           0                  0
LINDEN                         0                       0                         0                           0                  0
OKEECHOBEE                     6                       3                         1                           6               15.1
BOONE                          0                       0                         0                           0                  0
LA PORTE                       0                       0                         0                           0                  0
WICHITA                     6.25                       3                         1                           6               14.6
NEWTON                         0                       0                         0                           0                  0
PERRY                          6                       2                         2                           6              14.85
GRANGER                        0                       0                         0                           0                  0
FRANKFORT                      0                       0                         0                           0                  0
HARTLEY                        0                       0                         0                           0                  0
WALLLA WALLA                 5.8                       3                         1                           6              13.95
SHALIMAR                       6                       3                         1                           6               14.3
CONWAY SPRINGS              6.25                       2                         2                           6              15.75
SACRAMENTO                  6.05                       3                         1                           6              12.65
LATHROP                        0                       0                         0                           0                  0
CHARLESTON                     0                       0                         0                           0                  0
DIXON IL 61021                 0                       0                         0                           0                  0
COVINGTON                      0                       0                         0                           0                  0
EVERETT                     6.05                       3                         1                           6                 14
LAS VEGAS                   6.05                       3                         1                           6              14.95
AURORA                         0                       0                         0                           0                  0
FRANKLIN                       0                       0                         0                           0                  0
INDEPENDENCE                5.75                       3                         1                           6              16.35
INDEPENDENCE                   0                       0                         0                           0                  0
PHOENIX                      5.8                       3                         1                           6              14.25
MEMPHIS                        0                       0                         0                           0                  0
ATKINS                         0                       0                         0                           0                  0
WINLOCK                        0                       0                         0                           0                  0
BRYANT                         6                       3                         1                           6               13.6
INVERNESS                      0                       0                         0                           0                  0
LAS VEGAS                      0                       0                         0                           0                  0
MEMPHIS                        0                       0                         0                           0                  0
NORTH LAS VEGAS                0                       0                         0                           0                  0
SHREVEPORT                     0                       0                         0                           0                  0
SIOUX CITY                     0                       0                         0                           0                  0
VANCOUVER                      0                       0                         0                           0                  0
ALBUQUERQUE                  5.9                       3                         1                           6              15.95
INDIANOLA                      0                       0                         0                           0                  0
PORTLAND                       0                       0                         0                           0                  0
NORTH LAS VEGAS                0                       0                         0                           0                  0
RAPIDS CITY                    0                       0                         0                           0                  0
MIAMI                          0                       0                         0                           0                  0
EXETER                         6                       3                         1                           6              15.35
WICHITA                        0                       0                         0                           0                  0
VANCOUVER                      0                       0                         0                           0                  0
BARTLESVILLE                   0                       0                         0                           0                  0
WORTH                          0                       0                         0                           0                  0
MESA                           0                       0                         0                           0                  0
NORFOLK                        0                       0                         0                           0                  0
WEST DES MOINES                0                       0                         0                           0                  0
BETTENDORF                     0                       0                         0                           0                  0
HEWITT                         0                       0                         0                           0                  0
FORT SMITH                     0                       0                         0                           0                  0
WICHITA                        0                       0                         0                           0                  0
ENUMCLAW                       0                       0                         0                           0                  0
CRAWFORDSVILLE                 0                       0                         0                           0                  0
EVERETT                        0                       0                         0                           0                  0
EVERETT                        0                       0                         0                           0                  0
LINDSBORG                      0                       0                         0                           0                  0
TACOMA                         0                       0                         0                           0                  0
PUYALLUP                       0                       0                         0                           0                  0
BATTLE GROUND                5.5                       3                         1                           6              14.99
WATAUGA                      5.5                       3                         1                           6               15.9
DAVENPORT                      0                       0                         0                           0                  0
LAKE STEVENS                   0                       0                         0                           0                  0
PLAINFIELD                     0                       0                         0                           0                  0
PLAINFIELD                     0                       0                         0                           0                  0
BROOKLYN PARK                  0                       0                         0                           0                  0
BROOKLYN PARK                  0                       0                         0                           0                  0
OAKLAND CITY                   0                       0                         0                           0                  0
BRITTON                     5.75                       3                         1                           6               17.5
MACHESNEY PARK                 0                       0                         0                           0                  0
DETROIT                        0                       0                         0                           0                  0
ELGIN                          0                       0                         0                           0                  0
BENSENVILLE                    0                       0                         0                           0                  0
MIDLAND                        0                       0                         0                           0                  0
CRYSTAL                        0                       0                         0                           0                  0
THIEF RIVER FAL                0                       0                         0                           0                  0
SAUK VILLAGE                   5                       3                         1                           6               16.7
DETROIT                        0                       0                         0                           0                  0
EVELETH                        0                       0                         0                           0                  0
GLENDALE HEIGHT                0                       0                         0                           0                  0
GREENWOOD                    5.5                       3                         1                           6              15.99
BURNSVILLE                     0                       0                         0                           0                  0
ROCKFORD                       0                       0                         0                           0                  0
GILBERTSVILLE                  0                       0                         0                           0                  0
KOKOMO                         0                       0                         0                           0                  0
HUTCHINSON                     0                       0                         0                           0                  0
ZIMMERMAN                      0                       0                         0                           0                  0
CAMBRIA                        0                       0                         0                           0                  0
MAPLE GROVE                    0                       0                         0                           0                  0
STREAMWOOD                   5.5                       3                         1                           6               15.4
CHICAGO                        0                       0                         0                           0                  0
MATTESON                       0                       0                         0                           0                  0
MINNEAPOLIS                    0                       0                         0                           0                  0
MATTESON                       0                       0                         0                           0                  0
SPRING LAKE                  5.5                       3                         1                           6               15.5
OTTAWA                         0                       0                         0                           0                  0
SAINT PAUL                     0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
CRETE                        5.8                       2                         2                           6              14.45
POPLAR GROVE                   0                       0                         0                           0                  0
BOONVILLE                      0                       0                         0                           0                  0
HAZEL CREST                  5.5                       3                         1                           6              14.99
DAWSON                         0                       0                         0                           0                  0
UNIVERSITY PARK                0                       0                         0                           0                  0
JORDAN                         0                       0                         0                           0                  0
MAYWOOD                        0                       0                         0                           0                  0
ROCKFORD                       0                       0                         0                           0                  0
LITTLE CANADA                  0                       0                         0                           0                  0
DAVIS JUNCTION                 0                       0                         0                           0                  0
BUFFALO                        0                       0                         0                           0                  0
BOLINGBROOK                    0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
TAYLOR                       5.5                       3                         1                           6              15.25
ATWATER                      5.5                       3                         1                           6               15.5
SOUTH PARIS                    0                       0                         0                           0                  0
NEW RICHMOND                   0                       0                         0                           0                  0
CHICAGO                      5.5                       3                         1                           6              15.99
NEW RICHMOND                   0                       0                         0                           0                  0
AUBURN HILLS                   0                       0                         0                           0                  0
SAUK VILLAGE                 5.5                       3                         1                           6               15.3
BEAVER DAM                     0                       0                         0                           0                  0
LA SALLE                       0                       0                         0                           0                  0
DAVISON                        0                       0                         0                           0                  0
OXFORD                      6.25                       3                         1                           6               14.3
MINNETONKA                     0                       0                         0                           0                  0
NEWBURGH                       0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
JOLIET                         0                       0                         0                           0                  0
CONCORDIA                   5.85                       2                         2                           6               15.7
SPRINGFIELD                    0                       0                         0                           0                  0
MARQUETTE HEIGH                0                       0                         0                           0                  0
FRANKFORT                    5.5                       3                         1                           6              16.25
NASHVILLE                      0                       0                         0                           0                  0
MOUNT PROSPECT                 0                       0                         0                           0                  0
GRAND PRAIRIE                  0                       0                         0                           0                  0
SHERMAN                        0                       0                         0                           0                  0
ELDORA                         0                       0                         0                           0                  0
MIDLOTHIAN                     0                       0                         0                           0                  0
LIBERAL                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
CEDAR RAPIDS                   0                       0                         0                           0                  0
ABILENE                        0                       0                         0                           0                  0
KANSAS CITY                  5.5                       3                         1                           6               15.2
TACOMA                         0                       0                         0                           0                  0
OSCEOLA                        0                       0                         0                           0                  0
GENESEO                        0                       0                         0                           0                  0
SEAGOVILLE                     0                       0                         0                           0                  0
SEATTLE                        0                       0                         0                           0                  0
OLYMPIA                        0                       0                         0                           0                  0
NEW ORLEANS                    0                       0                         0                           0                  0
TACOMA                       5.8                       3                         1                           6             14.625
ARLINGTON                      0                       0                         0                           0                  0
DALLAS                         0                       0                         0                           0                  0
MONROE                         0                       0                         0                           0                  0
CEDAR FALLS                    0                       0                         0                           0                  0
SHERMAN                        0                       0                         0                           0                  0
COMBINE                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
MERIAM                         0                       0                         0                           0                  0
BLUE RIDGE                     0                       0                         0                           0                  0
KANSAS CITY                  5.5                       3                         1                           6               15.6
SPRINGFIELD                    0                       0                         0                           0                  0
HAMILTON                       0                       0                         0                           0                  0
CONROE                         0                       0                         0                           0                  0
KENNEWICK                    5.5                       2                         2                           6              15.35
KNOXVILLE                      0                       0                         0                           0                  0
HUMBLE                         0                       0                         0                           0                  0
WELLINGTON                     0                       0                         0                           0                  0
BUTLER                         0                       0                         0                           0                  0
SPRINGFIELD                  5.5                       3                         1                           6                 16
PANAMA CITY BEA             5.75                       3                         1                           6              15.85
SARITA                         0                       0                         0                           0                  0
POTTSBORO                      0                       0                         0                           0                  0
MASON CITY                     0                       0                         0                           0                  0
NICKERSON                      0                       0                         0                           0                  0
GRANDVIEW                      0                       0                         0                           0                  0
MIRAMAR                     6.05                       2                         2                           6              13.55
CLEARWATER                   5.5                       2                         2                           6              15.25
LEAVENWORTH                    0                       0                         0                           0                  0
INDEPENDENCE                   0                       0                         0                           0                  0
BLOOMINGTON                    0                       0                         0                           0                  0
INDEPENDENCE                   0                       0                         0                           0                  0
WATERLOO                       0                       0                         0                           0                  0
SANTA ROSA BEAC              5.9                       3                         1                           6               13.9
LARGO                          6                       3                         1                           6               15.7
SEARCY                      5.75                       3                         1                           6               16.5
BEAVERTON                      0                       0                         0                           0                  0
GRINNELL                       0                       0                         0                           0                  0
SEAGOVILLE                     0                       0                         0                           0                  0
BOONVILLE                      0                       0                         0                           0                  0
SPRINGDALE                   5.5                       3                         1                           6              13.85
MIDDLETON                      0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
EDMOND                       5.5                       3                         1                           6               13.6
DALLAS                         0                       0                         0                           0                  0
PEARCY                         0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
CEDAR HILL                     0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
MEMPHIS                        0                       0                         0                           0                  0
TYLER                          0                       0                         0                           0                  0
BENTON                         0                       0                         0                           0                  0
NORTH LITTLE RO                0                       0                         0                           0                  0
WYLIE                          0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
LITTLETON                      0                       0                         0                           0                  0
DENTON                         0                       0                         0                           0                  0
ATHENS                         0                       0                         0                           0                  0
GRAND PRAIRIE                  0                       0                         0                           0                  0
ARLINGTON                      0                       0                         0                           0                  0
GRAND PRAIRIE                  0                       0                         0                           0                  0
CHILDRESS                      0                       0                         0                           0                  0
CARROLLTON                     0                       0                         0                           0                  0
ARLINGTON                      0                       0                         0                           0                  0
PROVIDENCE VILL                0                       0                         0                           0                  0
PROVIDENCE VILL                0                       0                         0                           0                  0
SEVIERVILLE                    0                       0                         0                           0                  0
FRESNO                         0                       0                         0                           0                  0
DESOTO                         0                       0                         0                           0                  0
SOUTH HAVEN                  5.5                       2                         2                           6              15.35
BURRTON                     5.75                       2                         2                           6              15.55
SAN JACINTO                    0                       0                         0                           0                  0
PERU                         5.5                       3                         1                           6              16.05
ATLANTA                     5.75                       3                         1                           6              14.95
GAINESVILLE                    0                       0                         0                           0                  0
ALBUQUERQUE                    6                       3                         1                           6               13.2
CITY NAME                      0                       0                         0                           0                  0
SOLDIER                        0                       0                         0                           0                  0
DODGE CITY                   5.8                       2                         2                           6               15.5
BRANSON                      5.5                       3                         1                           6              15.95
ALLEN                       6.24                       3                         1                           6              14.99
ALTO PASS                      6                       3                         1                           6              15.95
ARLINGTON                      0                       0                         0                           0                  0
FORT WORTH                  6.25                       3                         1                           6             16.075
SIKESTON                       0                       0                         0                           0                  0
CONVERSE                       6                       3                         1                           6               15.9
THE DALLES                     0                       0                         0                           0                  0
HUMBLE                         0                       0                         0                           0                  0
KELSO                          0                       0                         0                           0                  0
BATESVILLE                     0                       0                         0                           0                  0
GUN BARREL CITY                0                       0                         0                           0                  0
ERIE                           0                       0                         0                           0                  0
WATERLOO                       0                       0                         0                           0                  0
VILLAGE MILLS                  0                       0                         0                           0                  0
IOWA CITY                      0                       0                         0                           0                  0
SHREWSBURY                     0                       0                         0                           0                  0
GILMER                         0                       0                         0                           0                  0
LITTLE ROCK                    0                       0                         0                           0                  0
COLLEGE STATION                0                       0                         0                           0                  0
TRENTON                        0                       0                         0                           0                  0
DIBOLL                         0                       0                         0                           0                  0
OMAHA                          0                       0                         0                           0                  0
PERRYVILLE                     0                       0                         0                           0                  0
COVINGTON                      0                       0                         0                           0                  0
CARSON                         0                       0                         0                           0                  0
GRANDVIEW                   5.75                       3                         1                           6               15.5
LEBANON                        0                       0                         0                           0                  0
DALLAS                         0                       0                         0                           0                  0
OLYMPIA                        0                       0                         0                           0                  0
ALFORD                         0                       0                         0                           0                  0
BARTLESVILLE                5.75                       3                         1                           6              15.65
OSAWATOMIE                     0                       0                         0                           0                  0
FRANKFORT                  6.125                       3                         1                           6             15.975
PROSSER                        0                       0                         0                           0                  0
MINGO                          0                       0                         0                           0                  0
THE WOODLANDS                  0                       0                         0                           0                  0
WICHITA                      5.5                       3                         1                           6              15.85
WINFIELD                     5.5                       3                         1                           6              15.55
MEMPHIS                     5.75                       3                         1                           6              15.95
KANSAS CITY                    0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
N. RICHLAND HIL                0                       0                         0                           0                  0
FORT LAUDERDALE                0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
GAINESVILLE                    0                       0                         0                           0                  0
FORT LAUDERDALE                0                       0                         0                           0                  0
FRANKFORT                      6                       3                         1                           6              15.55
OSAWATOMIE                     0                       0                         0                           0                  0
ROWLETT                        0                       0                         0                           0                  0
LACY LAKEVIEW                  0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
SALEM                          0                       0                         0                           0                  0
WASHINGTON                     0                       0                         0                           0                  0
FT LAUDERDALE                  0                       0                         0                           0                  0
WICHITA                     6.25                       3                         1                           6               14.9
GLENN HEIGHTS                  0                       0                         0                           0                  0
CADDO MILLS                    0                       0                         0                           0                  0
OKLAHOMA CITY                  0                       0                         0                           0                  0
OKLAHOMA CITY                  0                       0                         0                           0                  0
ALVARADO                       0                       0                         0                           0                  0
ROSENBERG                      0                       0                         0                           0                  0
CORDOVA                     5.75                       3                         1                           6              13.99
BOSSIER CITY                   0                       0                         0                           0                  0
FATE                         5.5                       3                         1                           6              14.99
MEMPHIS                        0                       0                         0                           0                  0
DALLAS                         0                       0                         0                           0                  0
LAMAR                        5.5                       3                         1                           6               14.3
EULESS                       5.5                       3                         1                           6              14.65
FORT WORTH                     0                       0                         0                           0                  0
CECILIA                      5.5                       3                         1                           6              15.99
CROWLEY                      5.5                       3                         1                           6              13.95
LAS VEGAS                    5.5                       3                         1                           6              13.65
CROWLEY                        0                       0                         0                           0                  0
BATON ROUGE                    0                       0                         0                           0                  0
EL PASO                      5.5                       3                         1                           6               14.6
KATY                           0                       0                         0                           0                  0
LAKE WORTH                     0                       0                         0                           0                  0
GARLAND                      5.5                       3                         1                           6              16.35
ANTIOCH                      5.5                       3                         1                           6               12.9
ANTIOCH                        0                       0                         0                           0                  0
GARLAND                        0                       0                         0                           0                  0
ALLEN                          0                       0                         0                           0                  0
ALLEN                          0                       0                         0                           0                  0
HARRAH                         0                       0                         0                           0                  0
EL PASO COUNTY               5.5                       3                         1                           6              14.75
TULSA                        5.5                       3                         1                           6               15.3
DALLAS                       5.5                       3                         1                           6              15.65
FATE                           0                       0                         0                           0                  0
DALLAS                       5.5                       3                         1                           6              14.55
LEWISVILLE                   5.5                       3                         1                           6               15.1
FORT WORTH                     0                       0                         0                           0                  0
SAN ANTONIO                  5.5                       3                         1                           6               14.7
EL PASO                        0                       0                         0                           0                  0
MCKINNEY                       0                       0                         0                           0                  0
DENVER                      6.25                       2                         2                           6              13.99
TUPELO                         0                       0                         0                           0                  0
AZLE                           0                       0                         0                           0                  0
ROCKWALL                       0                       0                         0                           0                  0
KATY                           0                       0                         0                           0                  0
FORT WORTH                   5.5                       3                         1                           6              14.39
RICHMOND                       0                       0                         0                           0                  0
MEMPHIS                        0                       0                         0                           0                  0
DERBY                        5.5                       3                         1                           6              15.65
CABOT                          0                       0                         0                           0                  0
HOUMA                          0                       0                         0                           0                  0
SINTON                         0                       0                         0                           0                  0
EL PASO                        0                       0                         0                           0                  0
FORT WORTH                   5.5                       3                         1                           6               15.1
MEMPHIS                        0                       0                         0                           0                  0
WOODLAWN                     5.5                       3                         1                           6               13.6
WOODLAWN                       0                       0                         0                           0                  0
BROKEN ARROW                   0                       0                         0                           0                  0
WICHITA FALLS                  0                       0                         0                           0                  0
HUTTO                          0                       0                         0                           0                  0
BOLIVAR                        0                       0                         0                           0                  0
BOLIVAR                        0                       0                         0                           0                  0
GARLAND                        0                       0                         0                           0                  0
RICHARDSON                     0                       0                         0                           0                  0
MESQUITE                       0                       0                         0                           0                  0
MESQUITE                       0                       0                         0                           0                  0
MESQUITE                       0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
DELIGHT                        0                       0                         0                           0                  0
MEMPHIS                        0                       0                         0                           0                  0
WELCH                        5.5                       3                         1                           6              16.35
PARIS                          0                       0                         0                           0                  0
FATE                           0                       0                         0                           0                  0
SOUTHAVEN                      0                       0                         0                           0                  0
FLINT                        5.5                       3                         1                           6              15.85
WHITEHOUSE                     0                       0                         0                           0                  0
GARLAND                        0                       0                         0                           0                  0
FATE                           0                       0                         0                           0                  0
ALVIN                          0                       0                         0                           0                  0
LAREDO                         0                       0                         0                           0                  0
INOLA                          0                       0                         0                           0                  0
AZLE                           0                       0                         0                           0                  0
MERCEDES                       0                       0                         0                           0                  0
ARLINGTON                      0                       0                         0                           0                  0
DUMAS                          0                       0                         0                           0                  0
WINNSBORO                    5.5                       3                         1                           6              16.55
ARLINGTON                      0                       0                         0                           0                  0
SANGER                       5.5                       2                         2                           6              14.45
SAND SPRINGS                   0                       0                         0                           0                  0
ODESSA                         0                       0                         0                           0                  0
WYLIE                          0                       0                         0                           0                  0
WEATHERFORD                    0                       0                         0                           0                  0
WATAUGA                        0                       0                         0                           0                  0
LITTLE ROCK                    0                       0                         0                           0                  0
LEXINGTON                   5.75                       3                         1                           6               16.7
MESQUITE                       0                       0                         0                           0                  0
GRAPEVINE                      0                       0                         0                           0                  0
EL PASO                      5.5                       2                         2                           6              13.99
WOLFFORTH                      0                       0                         0                           0                  0
MOUNDS                         0                       0                         0                           0                  0
FORT WORTH                   5.5                       3                         1                           6              14.35
ALLEN                          0                       0                         0                           0                  0
DALLAS                         6                       3                         1                           6               15.6
JACKSON                        0                       0                         0                           0                  0
BURNET                       5.5                       3                         1                           6              13.65
FRISCO                       5.5                       3                         1                           6              14.65
OLIVE BRANCH                   0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
CEDAR HILL                   5.5                       3                         1                           6              15.65
SEAGOVILLE                     0                       0                         0                           0                  0
BOLIVAR                        0                       0                         0                           0                  0
TULSA                          0                       0                         0                           0                  0
HORIZON CITY                   0                       0                         0                           0                  0
KATY                           0                       0                         0                           0                  0
SUNSET                         0                       0                         0                           0                  0
CLEBURNE                       0                       0                         0                           0                  0
JACKSON                        0                       0                         0                           0                  0
SHERMAN                        0                       0                         0                           0                  0
CHATTANOOGA                    0                       0                         0                           0                  0
FRISCO                         0                       0                         0                           0                  0
FORNEY                       5.5                       3                         1                           6               14.7
EL PASO                        0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
EL PASO                        0                       0                         0                           0                  0
MESQUITE                       0                       0                         0                           0                  0
BEAUMONT                       0                       0                         0                           0                  0
MEMPHIS                        0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
TULSA                          0                       0                         0                           0                  0
CADDO MILLS                    0                       0                         0                           0                  0
BURLESON                       0                       0                         0                           0                  0
GRAND PRAIRIE                  0                       0                         0                           0                  0
TULSA                          0                       0                         0                           0                  0
ROWLETT                        0                       0                         0                           0                  0
HICKORY VALLEY                 0                       0                         0                           0                  0
GRANBURY                       0                       0                         0                           0                  0
DALLAS                         0                       0                         0                           0                  0
PLANO                          0                       0                         0                           0                  0
PLANO                          0                       0                         0                           0                  0
GRAND PRAIRIE                  0                       0                         0                           0                  0
COVINGTON                    5.5                       3                         1                           6               15.8
FORT WORTH                     0                       0                         0                           0                  0
EL PASO                      5.5                       3                         1                           6              14.35
LAGO VISTA                     0                       0                         0                           0                  0
BROWNSVILLE                    0                       0                         0                           0                  0
LUBBOCK                        0                       0                         0                           0                  0
LUBBOCK                        0                       0                         0                           0                  0
ANNA                           0                       0                         0                           0                  0
BOLIVAR                        0                       0                         0                           0                  0
HUMBOLDT                       6                       3                         1                           6              15.55
ALEDO                          0                       0                         0                           0                  0
ARLINGTON                      0                       0                         0                           0                  0
COLLIERVILLE                   0                       0                         0                           0                  0
BOLIVAR                        0                       0                         0                           0                  0
HEARTLAND                      0                       0                         0                           0                  0
MIDDLETON                      0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
RENOVA                       5.5                       3                         1                           6              14.95
MESQUITE                       0                       0                         0                           0                  0
MESQUITE                       0                       0                         0                           0                  0
MULVANE                        0                       0                         0                           0                  0
WHITWELL                       0                       0                         0                           0                  0
HUTCHINSON                     0                       0                         0                           0                  0
LEWISVILLE                     0                       0                         0                           0                  0
CARROLLTON                     0                       0                         0                           0                  0
LOUISVILLE                   5.5                       3                         1                           6               15.8
TULSA                          0                       0                         0                           0                  0
HORIZON CITY                   0                       0                         0                           0                  0
HORIZON CITY                   0                       0                         0                           0                  0
AUSTIN                         0                       0                         0                           0                  0
LONGVIEW                       0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
CANYON LAKE                    0                       0                         0                           0                  0
ABILENE                        0                       0                         0                           0                  0
ANAHUAC                        0                       0                         0                           0                  0
MIDLAND                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
PASADENA                       0                       0                         0                           0                  0
PASADENA                       0                       0                         0                           0                  0
HOCKLEY                        0                       0                         0                           0                  0
BEAUMONT                       0                       0                         0                           0                  0
COLUMBIA                       0                       0                         0                           0                  0
AUSTIN                      6.25                       3                         1                           6               14.4
HOUSTON                     6.25                       3                         1                           6               15.6
BEAUMONT                       0                       0                         0                           0                  0
HOUSTON                     6.25                       3                         1                           6               14.9
PASADENA                       0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
DUBLIN                      6.25                       3                         1                           6              14.95
HUMBLE                         0                       0                         0                           0                  0
GALENA PARK                    0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
CYPRESS                     6.25                       3                         1                           6               14.7
HUMBLE                         0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
MCALLEN                        0                       0                         0                           0                  0
PHARR                          0                       0                         0                           0                  0
PHARR                          0                       0                         0                           0                  0
AUSTIN                         0                       0                         0                           0                  0
AUSTIN                         0                       0                         0                           0                  0
KATY                           0                       0                         0                           0                  0
LEAGUE CITY                    0                       0                         0                           0                  0
WACO                           0                       0                         0                           0                  0
MONTGOMERY                     0                       0                         0                           0                  0
CROCKETT                       0                       0                         0                           0                  0
CROCKETT                       0                       0                         0                           0                  0
SAN JUAN                    6.25                       3                         1                           6              14.75
HOUSTON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
MONTGOMERY                     0                       0                         0                           0                  0
RICHMOND                       0                       0                         0                           0                  0
MISSOURI CITY                  0                       0                         0                           0                  0
SUGAR LAND                     0                       0                         0                           0                  0
KILLEEN                        0                       0                         0                           0                  0
MCALLEN                     6.25                       3                         1                           6              14.35
HOUSTON                        0                       0                         0                           0                  0
HITCHCOCK                      0                       0                         0                           0                  0
HITCHCOCK                      0                       0                         0                           0                  0
SAN ANTONIO                 6.25                       3                         1                           6              15.35
HUFFMAN                        0                       0                         0                           0                  0
WHITESBORO                     0                       0                         0                           0                  0
ROUND ROCK                     0                       0                         0                           0                  0
LINDALE                     6.25                       3                         1                           6               12.9
HOUSTON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
CLEVELAND                      0                       0                         0                           0                  0
CLEVELAND                      0                       0                         0                           0                  0
ROUND ROCK                  6.25                       3                         1                           6              13.75
HOUSTON                        0                       0                         0                           0                  0
AUSTIN                         0                       0                         0                           0                  0
EL PASO                        0                       0                         0                           0                  0
PORTER                         0                       0                         0                           0                  0
WAXAHACHIE                     0                       0                         0                           0                  0
CYPRESS                     6.25                       3                         1                           6               14.9
HOUSTON                     6.25                       3                         1                           6              14.15
HOUSTON                        0                       0                         0                           0                  0
SILSBEE                        0                       0                         0                           0                  0
ROSENBERG                   6.25                       3                         1                           6              15.25
LONGVIEW                       0                       0                         0                           0                  0
CANYON LAKE                    0                       0                         0                           0                  0
CEDAR PARK                     0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HUMBLE                         0                       0                         0                           0                  0
ORANGE                         0                       0                         0                           0                  0
DALLAS                         0                       0                         0                           0                  0
DALLAS                         0                       0                         0                           0                  0
LAREDO                         0                       0                         0                           0                  0
SEALY                          0                       0                         0                           0                  0
BAYTOWN                     6.25                       3                         1                           6               13.4
KATY                           0                       0                         0                           0                  0
MISSOURI CITY                  0                       0                         0                           0                  0
LA PORTE                       0                       0                         0                           0                  0
HUMBLE                         0                       0                         0                           0                  0
LEANDER                        0                       0                         0                           0                  0
CYPRESS                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
DAYTON                         0                       0                         0                           0                  0
THE WOODLANDS                  0                       0                         0                           0                  0
BROWNSVILLE                    0                       0                         0                           0                  0
KYLE                           0                       0                         0                           0                  0
CORSICANA                      0                       0                         0                           0                  0
HUTTO                          0                       0                         0                           0                  0
PEARLAND                       0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HUMBLE                      6.25                       3                         1                           6              13.35
DICKINSON                      0                       0                         0                           0                  0
PEARLAND                       0                       0                         0                           0                  0
PEARLAND                       0                       0                         0                           0                  0
BAYTOWN                     6.25                       3                         1                           6              15.65
SAGINAW                        0                       0                         0                           0                  0
MESQUITE                       0                       0                         0                           0                  0
BOLIVAR                        0                       0                         0                           0                  0
OTTUMWA                        0                       0                         0                           0                  0
MARSHALLTOWN                   0                       0                         0                           0                  0
WYLIE                          0                       0                         0                           0                  0
HAYS                           0                       0                         0                           0                  0
GRINNELL                       0                       0                         0                           0                  0
ALLEN                          0                       0                         0                           0                  0
IOWA CITY                      0                       0                         0                           0                  0
FREEMONT                       0                       0                         0                           0                  0
NORFOLK                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
LUFKIN                         0                       0                         0                           0                  0
LEAGUE CITY                    0                       0                         0                           0                  0
TYLER                          0                       0                         0                           0                  0
KANSAS CITY                    0                       0                         0                           0                  0
SOUTH HOUSTON               6.25                       3                         1                           6              15.75
LAREDO                         0                       0                         0                           0                  0
HOUSTON                     6.25                       3                         1                           6              14.99
SUGAR LAND                     0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
CROSBY                         0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HIGHLANDS                      0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
VIDOR                       6.25                       3                         1                           6               15.6
HOUSTON                        0                       0                         0                           0                  0
LAKE CHARLES                   0                       0                         0                           0                  0
LUMBERTON                      0                       0                         0                           0                  0
SAN JUAN                       0                       0                         0                           0                  0
WACO                           0                       0                         0                           0                  0
KARNACK                        0                       0                         0                           0                  0
HORIZON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
CEDAR PARK                     0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
BAYTOWN                        0                       0                         0                           0                  0
CHANNELVIEW                 6.25                       3                         1                           6               17.6
SAN ANTONIO                    0                       0                         0                           0                  0
MANOR                          0                       0                         0                           0                  0
FORT WORTH                     0                       0                         0                           0                  0
LEAGUE CITY                    0                       0                         0                           0                  0
SILSBEE                        0                       0                         0                           0                  0
SAN JUAN                       0                       0                         0                           0                  0
WILLIS                         0                       0                         0                           0                  0
HEMPSTEAD                      0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
HUMBLE                         0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HUMBLE                         0                       0                         0                           0                  0
RIO GRANDE CITY                0                       0                         0                           0                  0
LYTLE                          0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
TOMBALL                        0                       0                         0                           0                  0
RICHMOND                       0                       0                         0                           0                  0
AUSTIN                         0                       0                         0                           0                  0
BROWNSVILLE                    0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
CROSBY                         0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
VICTORIA                       0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
ROSENBERG                      0                       0                         0                           0                  0
BROWNSVILLE                    0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
SAN JUAN                       0                       0                         0                           0                  0
NEW CANEY                      0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
BAYTOWN                        0                       0                         0                           0                  0
BROWNSVILLE                    0                       0                         0                           0                  0
LA PORTE                       0                       0                         0                           0                  0
LEWISVILLE                     0                       0                         0                           0                  0
HORIZON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
VICTORIA                       0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
MAGNOLIA                       0                       0                         0                           0                  0
AUSTIN                         0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
AUSTIN                         0                       0                         0                           0                  0
AUSTIN                         0                       0                         0                           0                  0
SPRING                         0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
SPRING                         0                       0                         0                           0                  0
HOUSTON                      5.5                       3                         1                           6               14.7
CYPRESS                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
SPRING                         0                       0                         0                           0                  0
HUMBLE                         0                       0                         0                           0                  0
HUMBLE                         0                       0                         0                           0                  0
EDINBURG                       0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
BAYTOWN                        0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
DONNA                          0                       0                         0                           0                  0
EDINBURG                       0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
FRESNO                         0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
HOPKINS                        0                       0                         0                           0                  0
BAYTOWN                        0                       0                         0                           0                  0
KATY                           0                       0                         0                           0                  0
PENITAS                        0                       0                         0                           0                  0
SEA BROOK                      0                       0                         0                           0                  0
PENITAS                        0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
PFLUGERVILLE                   0                       0                         0                           0                  0
PENITAS                        0                       0                         0                           0                  0
EDINBURG                       0                       0                         0                           0                  0
KINGWOOD                       0                       0                         0                           0                  0
SPRING                         0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
VIDOR                          0                       0                         0                           0                  0
WINNIE                         0                       0                         0                           0                  0
GRANADA HILLS               6.05                       3                         1                           6              13.85
LAKE ELSINORE                  0                       0                         0                           0                  0
GRANADA HILLS                  0                       0                         0                           0                  0
HESPERIA                       0                       0                         0                           0                  0
RESEDA AREA                    0                       0                         0                           0                  0
SUN VALLEY                     0                       0                         0                           0                  0
MORENO VALLEY                  0                       0                         0                           0                  0
SOUTH GATE                     0                       0                         0                           0                  0
LOS ANGELES                 6.05                       3                         1                           6               12.5
RIVERSIDE                      0                       0                         0                           0                  0
DESERT HOT SPRI             6.25                       3                         1                           6              16.95
DESERT HOT SPRI                0                       0                         0                           0                  0
LA PUENTE                    5.8                       2                         2                           6              12.99
COSTA MESA                     0                       0                         0                           0                  0
COSTA MESA                     0                       0                         0                           0                  0
LAS VEGAS                      0                       0                         0                           0                  0
SUGARLOAF                      0                       0                         0                           0                  0
REDLANDS                       0                       0                         0                           0                  0
SANTA ANA                      0                       0                         0                           0                  0
SAN BERNARDINO               5.5                       3                         1                           6               13.5
HIGHLAND                       0                       0                         0                           0                  0
LOS ANGELES                    0                       0                         0                           0                  0
FONTANA                        0                       0                         0                           0                  0
SANTA CRUZ                     0                       0                         0                           0                  0
BAKERSFIELD                    0                       0                         0                           0                  0
FONTANA AREA                   0                       0                         0                           0                  0
EL MONTE                       0                       0                         0                           0                  0
WESTMINSTER                    0                       0                         0                           0                  0
FONTANA                        0                       0                         0                           0                  0
GARDEN GROVE                   0                       0                         0                           0                  0
MORENO VALLEY                  0                       0                         0                           0                  0
LONG BEACH                     0                       0                         0                           0                  0
RIALTO                         0                       0                         0                           0                  0
NUEVO                       5.75                       2                         2                           6               14.6
BAKERSFIELD                    0                       0                         0                           0                  0
LOS ANGELES                    0                       0                         0                           0                  0
PERRIS                         0                       0                         0                           0                  0
ONTARIO                        0                       0                         0                           0                  0
RIVERSIDE AREA                 0                       0                         0                           0                  0
HESPERIA                       0                       0                         0                           0                  0
ANAHEIM                        0                       0                         0                           0                  0
SANTA ANA                   6.25                       3                         1                           6              13.25
MONROVIA                    6.05                       3                         1                           6              14.25
CORONA                       5.8                       3                         1                           6               12.9
LOS ANGELES                    0                       0                         0                           0                  0
SANTA ROSA BEAC             6.25                       3                         1                           6              14.99
LOS ANGELES                  5.8                       2                         2                           6              12.85
DOWNEY                       5.8                       2                         2                           6              12.85
RICHMOND                     5.8                       3                         1                           6              13.55
SAN DIEGO                      0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
TEMECULA                    6.05                       3                         1                           6              15.24
CATHEDRAL CITY                 0                       0                         0                           0                  0
HUNTINGTON BEAC                0                       0                         0                           0                  0
HIDDEN HILLS                   0                       0                         0                           0                  0
ESCONDIDO                      0                       0                         0                           0                  0
DESERT HOT SPRI                0                       0                         0                           0                  0
HEBER                          0                       0                         0                           0                  0
CHULA VISTA                    0                       0                         0                           0                  0
BRAWLEY                        0                       0                         0                           0                  0
CONWAY                         0                       0                         0                           0                  0
ROCKFORD                       0                       0                         0                           0                  0
LOS ANGELES                    0                       0                         0                           0                  0
LOS ANGELES                 6.05                       3                         1                           6              13.49
LOS ANGELES                    0                       0                         0                           0                  0
CHICAGO                        0                       0                         0                           0                  0
NORTHRIDGE AREA                0                       0                         0                           0                  0
SANTA ANA                      0                       0                         0                           0                  0
APPLE VALLEY AR                0                       0                         0                           0                  0
LAKEPORT                     5.5                       3                         1                           6             12.625
SURPRISE                       0                       0                         0                           0                  0
BAKERSFIELD                    0                       0                         0                           0                  0
BLOOMINGTON ARE                0                       0                         0                           0                  0
ANAHEIM                        0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
APPLE VALLEY                   0                       0                         0                           0                  0
OCEANSIDE                    5.8                       3                         1                           6               14.6
YUBA CITY                      0                       0                         0                           0                  0
SUN CITY                       0                       0                         0                           0                  0
CARLSBAD                       0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
SAN YSIDRO                     0                       0                         0                           0                  0
MURRIETA                       0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
EL CAJON                       0                       0                         0                           0                  0
EL CAJON                       0                       0                         0                           0                  0
SAN DIEGO                   3.25                       1                         1                           6               14.3
SAN DIEGO                      0                       0                         0                           0                  0
SHASTA LAKE                    0                       0                         0                           0                  0
PALM DESERT                    0                       0                         0                           0                  0
OCEANSIDE                      0                       0                         0                           0                  0
YUCAIPA                        0                       0                         0                           0                  0
ORANGEVALE                     0                       0                         0                           0                  0
OLIVEHURST                     0                       0                         0                           0                  0
RANCHO MURIETA                 0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
MURRIETA                       0                       0                         0                           0                  0
HEBER                          0                       0                         0                           0                  0
ORANGE                      6.05                       3                         1                           6              15.49
SAN DIEGO                      0                       0                         0                           0                  0
VIRGINIA CITY H                0                       0                         0                           0                  0
RANCHO MIRAGE                  0                       0                         0                           0                  0
SAN JACINTO                    0                       0                         0                           0                  0
THOUSAND OAKS                  0                       0                         0                           0                  0
NORTH HIGHLANDS                0                       0                         0                           0                  0
SAN DIEGO                    5.8                       2                         2                           6             13.875
HEBER                          0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
SAN LORENZO                    0                       0                         0                           0                  0
COUPEVILLE                     0                       0                         0                           0                  0
LA QUINTA                      0                       0                         0                           0                  0
BENICIA                        0                       0                         0                           0                  0
SACRAMENTO                     0                       0                         0                           0                  0
SAN DIEGO                    5.8                       2                         2                           6               13.1
SOLANA BEACH                   0                       0                         0                           0                  0
HEMET                          0                       0                         0                           0                  0
ALISO VIEJO                 6.25                       2                         2                           6               12.6
MENIFEE                      5.5                       2                         2                           6              14.95
MENIFEE                        0                       0                         0                           0                  0
INDIO                          0                       0                         0                           0                  0
SALINAS                        0                       0                         0                           0                  0
CHULA VISTA                  5.8                       2                         2                           6               13.7
BERKELEY                     5.5                       3                         1                           6              15.59
3443 MADISON AV             6.25                       2                         2                           6              12.75
SACRAMENTO                     0                       0                         0                           0                  0
SAN JOSE                     5.8                       3                         1                           6               14.3
IMPERIAL BEACH                 0                       0                         0                           0                  0
RIVERSIDE                    5.8                       2                         2                           6               12.5
SAN JOSE                       0                       0                         0                           0                  0
SALIDA                         0                       0                         0                           0                  0
SAN DIEGO                      0                       0                         0                           0                  0
OAKDALE                      5.8                       2                         2                           6               13.6
MATHER                         0                       0                         0                           0                  0
SACRAMENTO                   5.8                       2                         2                           6               13.8
LINCOLN                     6.05                       3                         1                           6              13.55
SOLANA BEACH                   0                       0                         0                           0                  0
STOCKTON                    6.05                       3                         1                           6              15.59
SAN DIEGO                    5.8                       2                         2                           6              13.75
SAN JOSE                     5.8                       2                         2                           6             13.875
CHULA VISTA                 6.05                       2                         2                           6              12.85
CHULA VISTA                    0                       0                         0                           0                  0
SAN JOSE                    6.05                       3                         1                           6              13.55
SAN JOSE                       0                       0                         0                           0                  0
ANTIOCH                      5.8                       2                         2                           6              12.55
HEBER                        5.8                       2                         2                           6             13.565
LAKESIDE                       0                       0                         0                           0                  0
SIMI VALLEY                  5.8                       2                         2                           6              12.75
HOFFMAN ESTATES                0                       0                         0                           0                  0
DETROIT                        0                       0                         0                           0                  0
MENAHGA                        0                       0                         0                           0                  0
DEKALB                         0                       0                         0                           0                  0
LOCKPORT                       0                       0                         0                           0                  0
OSWEGO                         0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
GALVA                          0                       0                         0                           0                  0
IOLA                           0                       0                         0                           0                  0
COLLEGE STATION                0                       0                         0                           0                  0
STANTON                      5.8                       3                         1                           6               15.5
DIAMOND BAR                    0                       0                         0                           0                  0
LAGUNA NIGUEL                5.8                       3                         1                           6              13.99
MORENO VALLEY                5.8                       2                         2                           6             13.875
ANAHEIM                      5.8                       3                         1                           6              14.25
ONTARIO                      5.8                       3                         1                           6              13.99
PERRIS                       5.8                       3                         1                           6               13.6
INGLEWOOD                   6.05                       2                         2                           6              14.65
INGLEWOOD                      0                       0                         0                           0                  0
FONTANA                        0                       0                         0                           0                  0
CORONA                         0                       0                         0                           0                  0
CORONA                         6                       3                         1                           6             14.875
CASTAIC                      5.8                       2                         2                           6             13.875
RIALTO                         0                       0                         0                           0                  0
EL CAJON                       0                       0                         0                           0                  0
LA HABRA                       0                       0                         0                           0                  0
NORTH HOLLYWOOD              5.8                       3                         1                           6              13.85
PACOIMA                     6.05                       2                         1                           6              13.35
PACOIMA                        0                       0                         0                           0                  0
SAN BERNARDINO              6.05                       3                         1                           6              13.65
CORONA                      6.05                       3                         1                           6               15.5
LAKE ELSINORE               6.05                       3                         1                           6              15.75
BALTIMORE                      0                       0                         0                           0                  0
AURORA                         0                       0                         0                           0                  0
AURORA                         0                       0                         0                           0                  0
DENVER                         0                       0                         0                           0                  0
MONUMENT                       6                       3                         1                           6              12.99
AURORA                         0                       0                         0                           0                  0
FARMINGTON                     0                       0                         0                           0                  0
STERLING                       0                       0                         0                           0                  0
DENVER                         0                       0                         0                           0                  0
COLORADO SPRING                0                       0                         0                           0                  0
AURORA                         0                       0                         0                           0                  0
CENTENNIAL                     0                       0                         0                           0                  0
DENVER                         0                       0                         0                           0                  0
DENVER                         0                       0                         0                           0                  0
DENVER                         0                       0                         0                           0                  0
WESTMINSTER                    0                       0                         0                           0                  0
CARBONDALE                     0                       0                         0                           0                  0
CASTLE ROCK                    6                       3                         1                           6              13.15
CASTLE ROCK                    0                       0                         0                           0                  0
DENVER                         0                       0                         0                           0                  0
GREENWOOD VILLA                0                       0                         0                           0                  0
DENVER                         0                       0                         0                           0                  0
DENVER                         0                       0                         0                           0                  0
WESTMINSTER                    0                       0                         0                           0                  0
THORNTON                       0                       0                         0                           0                  0
GREELEY                        0                       0                         0                           0                  0
LITTLETON                      0                       0                         0                           0                  0
FORT LUPTON                    0                       0                         0                           0                  0
ENGLEWOOD                    5.5                       3                         1                           6              14.99
DENVER                         0                       0                         0                           0                  0
GREELEY                        0                       0                         0                           0                  0
ALAMOSA                     6.05                       3                         1                           6              13.25
ALAMOSA                        0                       0                         0                           0                  0
CHEYENNE                       0                       0                         0                           0                  0
CASTLE ROCK                    0                       0                         0                           0                  0
CARBONDALE                     0                       0                         0                           0                  0
DENVER                         0                       0                         0                           0                  0
LAS VEGAS                    5.8                       3                         1                           6               14.8
GLENROCK                       0                       0                         0                           0                  0
EVANS                          0                       0                         0                           0                  0
PLAIN CITY                   5.8                       3                         1                           6              13.49
COMMERCE CITY               6.05                       3                         1                           6              12.99
AURORA                         6                       2                         2                           6              12.55
PROVO                       6.05                       3                         1                           6               13.9
BRIGHTON                       6                       2                         2                           6              13.99
AURORA                         0                       0                         0                           0                  0
LONGMONT                       0                       0                         0                           0                  0
LITTLETON                   5.75                       3                         1                           6              14.85
COLORADO SPRING                0                       0                         0                           0                  0
COMMERCE CITY               6.25                       3                         1                           6             14.925
COMMERCE CITY                  0                       0                         0                           0                  0
AURORA                         0                       0                         0                           0                  0
DENVER                         6                       2                         2                           6               13.4
COLORADO SPRING                0                       0                         0                           0                  0
THORNTON                     5.5                       2                         2                           6               14.5
COLORADO SPRING                0                       0                         0                           0                  0
AURORA                      6.25                       3                         1                           6               15.6
WESTMINSTER                 6.05                       3                         1                           6              13.99
DENVER                      6.05                       2                         2                           6              13.99
DENVER                      6.05                       3                         1                           6             13.725
NORTH LAS VEGAS              5.8                       3                         1                           6               14.2
DENVER                         6                       3                         1                           6              16.55
THORNTON                     5.8                       2                         2                           6              14.65
SANDY                          6                       2                         2                           6               13.4
CASPER                         0                       0                         0                           0                  0
COMMERCE CITY                  0                       0                         0                           0                  0
TOOELE                       5.8                       2                         2                           6              15.55
AMERICAN FORK               6.25                       2                         2                           6               15.8
HAYDEN                       5.8                       3                         1                           6               14.9
WOODLAND PARK                5.5                       3                         1                           6              14.95
COLORADO SPRING                6                       2                         2                           6              14.25
BRIGHTON                    6.25                       3                         1                           6              13.65
CHEYENNE                       0                       0                         0                           0                  0
DENVER                         0                       0                         0                           0                  0
LONGMONT                       0                       0                         0                           0                  0
COLORADO SPRING                0                       0                         0                           0                  0
JOHNSTOWN                      0                       0                         0                           0                  0
CAPE CORAL                  6.05                       3                         1                           6               14.7
COMMERCE CITY                5.5                       3                         1                           6              13.95
YORBA LINDA                    0                       0                         0                           0                  0
LAKEVILLE                    5.5                       2                         2                           6              14.45
WESTMINSTER                  5.8                       3                         1                           6              15.15
NORFOLK                      5.5                       3                         1                           6              15.85
CHANNAHON                    5.5                       3                         1                           6             13.375
RED LION                       0                       0                         0                           0                  0
MINNEAPOLIS                    0                       0                         0                           0                  0
DETROIT                        0                       0                         0                           0                  0
URBANA                       5.5                       2                         2                           6             14.625
ALEDO                          0                       0                         0                           0                  0
DETROIT                        0                       0                         0                           0                  0
HAMMOND                        0                       0                         0                           0                  0
ADRIAN                         0                       0                         0                           0                  0
OAK FOREST                   5.5                       3                         1                           6              15.49
FORT BRANCH                    0                       0                         0                           0                  0
HOPKINSVILLE                 5.5                       3                         1                           6               15.7
CHICAGO                      5.5                       3                         1                           6               13.8
DOLTON                         0                       0                         0                           0                  0
HENDERSON                      0                       0                         0                           0                  0
RIVERSIDE                   6.05                       3                         1                           6               13.4
PACOIMA                      5.8                       3                         1                           6              13.25
FONTANA                      5.8                       2                         2                           6              12.99
BANNING                     6.05                       3                         1                           6              13.55
BANNING                        0                       0                         0                           0                  0
ADELANTO                     5.8                       2                         2                           6                 14
ANAHEIM                      5.8                       2                         2                           6              13.99
CORONA                      6.05                       2                         2                           6              13.05
COMPTON                      5.8                       3                         1                           6               14.5
HELENDALE AREA              6.05                       2                         2                           6               12.5
HESPERIA                     5.8                       3                         1                           6                 14
ANAHEIM                     6.05                       2                         2                           6               12.3
(SAUGUS AREA) L                0                       0                         0                           0                  0
ANAHEIM                     5.75                       3                         1                           6              14.99
ELMWOOD                     6.25                       2                         2                           6              13.99
PERRIS                      6.05                       3                         1                           6              14.49
LOS ANGELES                  5.8                       2                         2                           6             13.375
RIALTO                       5.8                       2                         2                           6               14.9
ORANGE (CITY)               6.05                       3                         1                           6              13.25
SANTA ANA                   6.25                       3                         1                           6              14.99
ORANGE                       5.8                       3                         1                           6              13.75
AURORA                       5.5                       2                         2                           6               13.5
FONTANA AREA                6.05                       3                         1                           6              14.75
WINNETKA AREA               6.05                       3                         1                           6               12.9
BELLFLOWER                   5.5                       3                         1                           6              14.25
POMONA                       5.8                       3                         1                           6              15.35
MURRIETA                    6.05                       3                         1                           6               13.7
LAKE FOREST                    0                       0                         0                           0                  0
WEST COVINA                 6.05                       3                         1                           6               13.1
FONTANA                      5.8                       3                         1                           6              14.65
PARAMOUNT                    5.8                       3                         1                           6               14.2
ANTIOCH                        0                       0                         0                           0                  0
SANTA ANA                    5.8                       2                         2                           6               13.5
WESTMINSTER                  5.5                       3                         1                           6              13.15
SUISUN CITY                    0                       0                         0                           0                  0
FONTANA                        0                       0                         0                           0                  0
HEMET                       6.05                       2                         2                           6               13.5
LINDEN                         0                       0                         0                           0                  0
LOS ANGELES                  5.8                       3                         1                           6              13.65
LADERA RANCH AR             6.05                       2                         2                           6               13.5
RIVERSIDE                   6.05                       3                         1                           6              13.75
ANAHEIM                      5.8                       3                         1                           6             14.125
MORENO VALLEY                5.8                       3                         1                           6               14.2
MORENO VALLEY                5.8                       2                         2                           6             12.825
OAKLAND                        0                       0                         0                           0                  0
ORANGE                       5.8                       3                         1                           6              12.75
HIGHLAND AREA                5.5                       3                         1                           6              13.99
SANTA ANA                    5.8                       3                         1                           6              12.99
BAKERSFIELD                 6.05                       2                         2                           6              13.99
GRAND TERRACE                5.5                       3                         1                           6               13.7
SANTA ANA                   6.05                       3                         1                           6              14.99
RIALTO                       5.8                       2                         2                           6               13.5
SAN BERNARDINO              6.05                       3                         1                           6              14.95
GARDEN GROVE                   0                       0                         0                           0                  0
GARDENA                        0                       0                         0                           0                  0
SANTA ANA                      0                       0                         0                           0                  0
SANTA ANA                    5.8                       3                         1                           6                 13
LOS ANGELES                    0                       0                         0                           0                  0
NORWALK                      5.8                       3                         1                           6             13.875
BEAUMONT                     5.8                       3                         1                           6              14.99
SOUTH GATE                     0                       0                         0                           0                  0
SANTA ANA                   5.75                       3                         1                           6              13.25
SANTA ANA                    5.5                       3                         1                           6              13.99
RIALTO                       5.8                       2                         2                           6               12.9
RIVERSIDE                    5.8                       3                         1                           6              14.75
PERRIS                         0                       0                         0                           0                  0
ANAHEIM                      5.8                       2                         2                           6              13.95
SANTA CLARITA                5.8                       3                         1                           6              13.35
SAN FERNANDO                6.05                       3                         1                           6                 13
ANAHEIM                      5.8                       3                         1                           6              13.89
SARATOGA SPRING             6.05                       3                         1                           6               13.8
CHICAGO                     5.25                       3                         1                           6              15.95
HOUSTON                        0                       0                         0                           0                  0
SAN ANTONIO                    0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
CROSBY                         0                       0                         0                           0                  0
HOUSTON                        0                       0                         0                           0                  0
HUTTO                          0                       0                         0                           0                  0
HI HAT                       5.5                       3                         1                           6              15.75
WYLIE                        5.5                       3                         1                           6              15.45
MURFREESBORO                 5.5                       3                         1                           6              15.25
BLUE RIDGE                     0                       0                         0                           0                  0
LARGO                          0                       0                         0                           0                  0
KINGMAN                        6                       3                         1                           6              16.05
WAMEGO                         0                       0                         0                           0                  0
KANSAS CITY                  5.5                       3                         1                           6               15.8
LEES SUMMIT                  5.8                       3                         1                           6              14.69
HESPERIA                    6.25                       3                         1                           6               15.5
TOWNSEND                     5.5                       3                         1                           6              16.25
YUBA CITY                      0                       0                         0                           0                  0

CITY1                          MIN_RATE             ROUNDING_PCT    FICO_SCORE     CREDIT              FRGN_NAT         DOCTYPE
--------------------------------------------------------------------------------------------------------------------------------------
LONG BEACH                         0                        0          712                                 N         Stated Income
BIG BEAR CITY                      0                        0          667                                 N         Full/Alternative
JAMUL                           6.75                    0.125          684                                 N         Full/Alternative
JAMUL                              0                        0          684                                 N         Full/Alternative
HENDERSON                       8.25                    0.125          643          WAL                    N         Stated Income
BALDWIN PARK                    7.99                    0.125          609                                 N         Stated Income
BONIFAY                            0                        0          542                                 N         Full/Alternative
AVENUE BLOOMING                 7.25                    0.125          632                                 N         Full/Alternative
AVENUE BLOOMING                    0                        0          632                                 N         Full/Alternative
STANTON                          6.9                    0.125          716                                 N         Stated Income
RIVERSIDE AREA                     0                        0          583                                 N         Full/Alternative
APPLE VALLEY                       0                        0          593                                 N         Full/Alternative
CANYON COUNTRY                     0                        0          700                                 N         Stated Income
LAKE ELSINORE                   7.35                    0.125          658                                 N         Full/Alternative
LAKE ELSINORE                      0                        0          658                                 N         Full/Alternative
LOMITA                             0                        0          661                                 N         Stated Income
LOS ANGELES                      9.9                    0.125          644                                 N         Stated Income
RAWLINS                            0                        0          594                                 N         Full/Alternative
AURORA                          7.99                    0.125          647          HIG                    N         Full/Alternative
CHULA VISTA                        0                        0          688                                 N         Full/Alternative
SOUTH PLAINFIEL                    0                        0          532                                 N         Full/Alternative
OAKLEY                             0                        0          707                                 N         Stated Income
SAN DIEGO                          0                        0          661                                 N         Stated Income
SAN DIEGO                          0                        0          661                                 N         Stated Income
SAN MARCOS                       6.5                    0.125          700                                 N         Stated Income
SAN MARCOS                         0                        0          700                                 N         Stated Income
TEMECULA                           0                        0          705          WAL                    N         Stated Income
TEMECULA                           0                        0          705          WAL                    N         Stated Income
SAN DIEGO                          0                        0          653                                 N         Full/Alternative
HIGLEY                             0                        0          648          WAL                    N         Full/Alternative
BIG BEAR CITY                      0                        0          667                                 N         Full/Alternative
SALINAS                            0                        0          715                                 N         Stated Income
SALINAS                            0                        0          715                                 N         Stated Income
MURRIETA                           0                        0          731                                 N         Full/Alternative
MENIFEE                         6.75                    0.125          646          WAL                    N         Full/Alternative
ALTON                            9.9                    0.125          696                                 N         Stated Income
CLIFTON                         8.24                    0.125          588                                 N         Full/Alternative
EL SOBRANTE                        0                        0          785          WAL                    N         Stated Income
KELLER                             0                        0          606                                 N         Full/Alternative
LANCASTER                          0                        0          754                                 N         Full/Alternative
PALMDALE                        8.75                    0.125          652                                 N         Stated Income
EVERETT                         10.2                    0.125          647          HIG                    Y         Stated Income
RESEDA                          6.25                    0.125          714                                 N         Stated Income
SCOTTSDALE                      6.75                    0.125          665          WAL                    N         Full/Alternative
EL SOBRANTE                      7.5                    0.125          785          WAL                    N         Stated Income
EAST ORANGE                        0                        0          670          WAL                    N         Stated Income
FRISCO                             0                        0          624                                 N         Full/Alternative
COSTA MESA                      8.75                    0.125          637                                 N         Stated Income
PUYALLUP                           0                        0          663                                 N         Full/Alternative
COLLIERVILLE                       0                        0          648                                 N         Full/Alternative
FORT WORTH                         0                        0          579          U                      N         Full/Alternative
SAINT LOUIS                        0                        0          655          FIC                    Y         Full/Alternative
SEATTLE                         7.35                    0.125          691                                 N         Full/Alternative
SEATTLE                            0                        0          691                                 N         Full/Alternative
KANSAS CITY                        0                        0          620          WAL                    N         Full/Alternative
LOVES PARK                         0                        0          602                                 N         Full/Alternative
COEUR D ALENE                      0                        0          595          WAL                    N         Full/Alternative
SEATAC                             0                        0          639                                 N         Full/Alternative
LOS ANGELES                        0                        0          680          WAL                    N         Stated Income
LOS ANGELES                        0                        0          666                                 N         Stated Income
BATESVILLE                      8.75                    0.125          585                                 N         Full/Alternative
DELRAY BEACH                     7.2                    0.125          619          HIG                    N         Full/Alternative
CITY OF UPLAND                   7.3                    0.125          632                                 N         Full/Alternative
SAINT LOUIS                        0                        0          682          WAL                    N         Stated Income
FORT SMITH                         0                        0          580                                 N         Full/Alternative
LOS ANGELES                      8.5                    0.125          722                                 N         Stated Income
FONTANA                            0                        0          604                                 N         Full/Alternative
LAMAR                              0                        0          574                                 N         Full/Alternative
OXON HILL                          0                        0          663          WAL                    N         Full/Alternative
FAIRHAVEN                          0                        0          662          WAL                    N         Stated Income
HYANNIS                            0                        0          650                                 N         Full/Alternative
FORT WORTH                         0                        0          555                                 N         Full/Alternative
HUNTINGTON PARK                    0                        0          620          WAL                    N         Full/Alternative
CAPE GIRARDEAU                    10                    0.125          626          FIC                    N         Stated Income
WYOMING                           10                    0.125          585          HIG                    N         Full/Alternative
BALTIMORE                          0                        0          635          FIC                    N         Stated Income
BURBANK                            0                        0          655          WAL                    N         Full/Alternative
SPOKANE                            0                        0          587                                 N         Full/Alternative
CLOVIS                             0                        0          562          FIC                    N         Full/Alternative
SPRING VALLEY                   6.85                    0.125          670          WAL                    N         Full/Alternative
MURRIETA                           0                        0          731          WAL                    N         Full/Alternative
FLOSSMOOR                          0                        0          586          WAL                    N         Full/Alternative
BELVIDERE                          0                        0          583                                 N         Full/Alternative
PFLUGERVILLE                       0                        0          642                                 N         Stated Income
GALENA PARK                        0                        0          616                                 N         Full/Alternative
COLUMBIA                           0                        0          630                                 N         Full/Alternative
CHICAGO                            0                        0          667                                 N         Stated Income
WEST LINN                          0                        0          611                                 N         Full/Alternative
TOMBALL                            0                        0          634                                 N         Full/Alternative
WEST VALLEY CIT                    0                        0          729                                 N         Stated Income
HOUSTON                          8.8                    0.125          621                                 N         Full/Alternative
LONG BEACH                         0                        0          735          WAL                    N         Stated Income
KISSIMMEE                       8.99                    0.125          584          HIG                    N         Full/Alternative
KATY                             8.7                    0.125          693          WAL                    N         Stated Income
TAMPA                              0                        0          652          WAL                    N         Full/Alternative
YOUNGSTOWN                       9.4                    0.125          598          WAL                    N         Full/Alternative
PALO                            9.45                    0.125          675                                 N         Stated Income
LYNN                               0                        0          674          FIC                    N         Full/Alternative
TURRELL                            0                        0          570          FIC                    N         Full/Alternative
PEMBROKE PINES                     0                        0          676                                 N         Stated Income
LITTLETON                          0                        0          601                                 N         Full/Alternative
FORT VALLEY                      8.8                    0.125          646          WAL                    N         Stated Income
SAN BERNARDINO                     0                        0          612                                 N         Full/Alternative
PHENIX                          9.25                    0.125          578                                 N         Full/Alternative
OAK PARK                           0                        0          658                                 N         Stated Income
KANSAS CITY                        0                        0          588                                 N         Full/Alternative
LONG BEACH                         0                        0          681          WAL                    N         Stated Income
WICHITA                            0                        0          583                                 N         Full/Alternative
CORONA                          8.65                    0.125          651                                 N         Stated Income
PUTNAM CT 06260                    0                        0          659          WAL                    N         Stated Income
WHITTIER AREA                      0                        0          583          HIG                    N         Full/Alternative
QUARTZ HILL ARE                    0                        0          662          WAL                    N         Stated Income
KANSAS CITY                     9.79                    0.125          622                                 N         Full/Alternative
SAN JUAN                           0                        0          626                                 N         Full/Alternative
NEWTON                             0                        0          602                                 N         Full/Alternative
MAQUOKETA                          0                        0          688                                 N         Full/Alternative
PRAIRIE CITY                       0                        0          647          WAL                    N         Full/Alternative
KANSAS CITY                        0                        0          600                                 N         Full/Alternative
EAGLE MOUNTAIN                     0                        0          616                                 N         Full/Alternative
YORBA LINDA                        0                        0          688          WAL                    N         Stated Income
INGLEWOOD                      8.625                    0.125          696                                 N         Stated Income
MINDEN                             0                        0          583          HIG                    N         Full/Alternative
HOUSTON                            0                        0          627                                 N         Full/Alternative
IOLA                               0                        0          669                                 N         Full/Alternative
KANSAS CITY                     8.75                    0.125          635                                 N         Full/Alternative
SAINT LOUIS                      9.2                    0.125          634                                 N         Full/Alternative
HOUSTON                         8.75                    0.125          650                                 N         Full/Alternative
CHICAGO                            0                        0          610          WAL                    N         Full/Alternative
FORT WORTH                         0                        0          591                                 N         Full/Alternative
FLORISSANT                         0                        0          604          FIC                    N         Full/Alternative
KANSAS CITY                        0                        0          609                                 N         Full/Alternative
ISSAQUAH                           0                        0          644          WAL                    N         Full/Alternative
FRESNO                             0                        0          635          HIG                    N         Full/Alternative
REDMOND                         9.15                    0.125          666          WAL                    Y         Full/Alternative
CHICAGO                        10.25                    0.125          689                                 N         Stated Income
COSTA MESA                         0                        0          579          WAL                    N         Full/Alternative
TEMPE                           7.65                    0.125          582          FIC                    N         Full/Alternative
CARROLLTON                         0                        0          665                                 N         Stated Income
HOUSTON                            0                        0          646                                 N         Stated Income
UNIC AREA OF LA                    0                        0          714          WAL                    N         Stated Income
KANSAS CITY                        0                        0          572                                 N         Full/Alternative
SAINT LOUIS                        0                        0          693                                 N         Full/Alternative
OMAHA                           9.85                    0.125          587                                 N         Full/Alternative
DAVENPORT                          0                        0          610                                 N         Full/Alternative
DAVENPORT                          0                        0          610                                 N         Full/Alternative
LEAVENWORTH                      9.6                    0.125          590                                 N         Full/Alternative
SPANAWAY                           0                        0          582                                 N         Full/Alternative
PORT ORCHARD                       0                        0          625                                 N         Full/Alternative
POST FALLS                       8.1                    0.125          672                                 N         Stated Income
POST FALLS                         0                        0          672                                 N         Stated Income
IONA                             7.5                    0.125          619                                 N         Full/Alternative
POULSBO                            0                        0          620                                 N         Full/Alternative
BELLINGHAM                       9.5                    0.125          608                                 N         Full/Alternative
SPANAWAY                         7.3                    0.125          633          WAL                    N         Full/Alternative
GERVAIS                         9.29                    0.125          643                                 N         Stated Income
HARRISBURG                         0                        0          636                                 N         Full/Alternative
HARRISBURG                         0                        0          636                                 N         Full/Alternative
TACOMA                          8.45                    0.125          707                                 N         Stated Income
VANCOUVER                          0                        0          639                                 N         Full/Alternative
NORTH LAS VEGAS                    0                        0          624                                 N         Full/Alternative
NORTH LAS VEGAS                    0                        0          624                                 N         Full/Alternative
BURLINGTON                         0                        0          721                                 N         Stated Income
PORT ORCHARD                    7.95                    0.125          702          WAL                    N         Stated Income
ONTARIO                            0                        0          610                                 N         Full/Alternative
APPLE VALLEY                    7.75                    0.125          712                                 N         Stated Income
120-120 1/2 41S                 9.99                    0.125          747          WAL                    N         Full/Alternative
NORWALK                         7.95                    0.125          645                                 N         Stated Income
NORWALK                            0                        0          645                                 N         Stated Income
CARSON                          7.55                    0.125          646                                 N         Stated Income
120-120 1/2 41S                    0                        0          747          WAL                    N         Full/Alternative
LONG BEACH                         0                        0          540                                 N         Full/Alternative
WINNETKA                        7.75                    0.125          668                                 N         Stated Income
WINNETKA                           0                        0          668                                 N         Stated Income
RIVERSIDE                          0                        0          627          WAL                    N         Full/Alternative
AREA OF LOS ANG                  7.5                    0.125          714          WAL                    N         Stated Income
LONG BEACH                         0                        0          712                                 N         Stated Income
REDONDO BEACH                   7.75                    0.125          612          WAL                    N         Full/Alternative
SURPRISE                           0                        0          603                                 N         Stated Income
RANCHO CUCAMONG                 9.25                    0.125          664                                 N         Stated Income
ORANGE                          6.75                    0.125          693          HIG                    N         Stated Income
ORANGE                             0                        0          693          HIG                    N         Stated Income
FONTANA                          7.4                    0.125          740                                 N         Stated Income
(STUDIO CITY AR                 8.75                    0.125          713                                 N         Full/Alternative
PALMDALE                         8.9                    0.125          687                                 N         Stated Income
HEMET                           9.75                    0.125          605                                 N         Full/Alternative
LOS ANGELES                        0                        0          660                                 N         Stated Income
LOS ANGELES                     7.55                    0.125          717                                 N         Stated Income
LOS ANGELES                        0                        0          774                                 N         Stated Income
SAN BERNARDINO                  7.85                    0.125          699                                 N         Stated Income
FONTANA                          8.5                    0.125          683                                 N         Stated Income
LOS ANGELES                      7.6                    0.125          680                                 N         Stated Income
LONG BEACH                         0                        0          620          WAL                    N         Full/Alternative
(LA PUENTE AREA                8.875                    0.125          682                                 N         Stated Income
VAN NUYS AREA L                    0                        0          631                                 N         Full/Alternative
SAN DIMAS                      8.625                    0.125          659          WAL                    N         Stated Income
OXNARD                             0                        0          664                                 N         Stated Income
AREA OF HEMET                    9.2                    0.125          637                                 N         Full/Alternative
HESPERIA                        8.99                    0.125          646                                 N         Stated Income
STOCKTON                        7.99                    0.125          695                                 N         Stated Income
LAKEWOOD                        7.85                    0.125          678                                 N         Stated Income
FONTANA                        8.375                    0.125          645                                 N         Stated Income
LAWNDALE                           0                        0          688                                 N         Stated Income
CANOGA PARK ARE                  8.7                    0.125          627          WAL                    N         Stated Income
FALLBROOK                       8.75                    0.125          650                                 N         Stated Income
LAS VEGAS                        8.7                    0.125          640                                 N         Stated Income
LOS ANGELES                     7.95                    0.125          681                                 N         Stated Income
COMPTON                         7.65                    0.125          716                                 N         Stated Income
BALDWIN PARK                     8.5                    0.125          695                                 N         Stated Income
CYPRESS                         6.95                    0.125          704                                 N         Stated Income
COMPTON                         7.99                    0.125          672                                 N         Stated Income
LOS ANGELES                     7.75                    0.125          662                                 N         Stated Income
LOS ANGELES                      7.9                    0.125          668                                 N         Full/Alternative
LONG BEACH                      6.75                    0.125          685                                 N         Stated Income
LONG BEACH                         0                        0          685                                 N         Stated Income
SANTA ANA                          0                        0          675          WAL                    N         Stated Income
LOS ANGELES                     8.99                    0.125          616                                 N         Full/Alternative
SAN DIEGO                      7.625                    0.125          686                                 N         Stated Income
AREA OF SYLMAR                 7.375                    0.125          624                                 N         Full/Alternative
CHINO                           9.35                    0.125          685                                 N         Stated Income
AREA OF BLOOMIN                    0                        0          703                                 N         Full/Alternative
LOS ANGELES                     7.55                    0.125          633          WAL                    N         Stated Income
(COMPTON AREA)                  7.75                    0.125          697          WAL                    N         Stated Income
PROVO                           8.45                    0.125          628                                 N         Full/Alternative
ADELANTO                        8.55                    0.125          677                                 N         Stated Income
KENNEWICK                       8.35                    0.125          668                                 N         Full/Alternative
PORTLAND                       7.625                    0.125          706                                 N         Stated Income
COEUR D ALENE                    9.4                    0.125          664          WAL                    N         Stated Income
EATONVILLE                      7.75                    0.125          754                                 N         Stated Income
FEDERAL WAY                        0                        0          619                                 N         Stated Income
PORTLAND                           0                        0          664                                 N         Stated Income
RENTON                          6.99                    0.125          657          WAL                    N         Full/Alternative
SPANAWAY                        7.65                    0.125          622                                 N         Full/Alternative
SPANAWAY                           0                        0          622                                 N         Full/Alternative
SEATTLE                          9.8                    0.125          667          WAL                    N         Stated Income
SUMNER                           8.5                    0.125          701                                 N         Stated Income
LAKE FOREST                    7.999                    0.125          654                                 N         Stated Income
MARYSVILLE                         9                    0.125          684          WAL                    N         Stated Income
ASHFORD                            0                        0          608                                 N         Full/Alternative
RATHDRUM                        8.99                    0.125          564          A                      N         Full/Alternative
ABERDEEN                        8.65                    0.125          552                                 N         Full/Alternative
MILWAUKIE                          0                        0          625                                 N         Full/Alternative
REDMOND                          7.8                    0.125          729                                 N         Full/Alternative
TACOMA                           8.4                    0.125          677                                 N         Stated Income
PUYALLUP                       7.375                    0.125          622                                 N         Full/Alternative
PUYALLUP                         7.9                    0.125          604                                 N         Full/Alternative
KENNEWICK                          0                        0          668                                 N         Full/Alternative
PORTLAND                         8.5                    0.125          608          FIC                    N         Full/Alternative
MULWAUKIE                          0                        0          602          WAL                    N         Full/Alternative
MALAGA                             0                        0          580          FIC                    N         Stated Income
PORT ORCHARD                       0                        0          715                                 N         Full/Alternative
BUCKLEY                         8.45                    0.125          640                                 N         Stated Income
BONNEY LAKE                        0                        0          684                                 N         Full/Alternative
NAMPA                            8.6                    0.125          573          WAL                    N         Full/Alternative
TACOMA                          7.85                    0.125          617                                 N         Full/Alternative
TACOMA                             0                        0          617                                 N         Full/Alternative
LAKEWOOD                           0                        0          623                                 N         Full/Alternative
OLYMPIA                          7.3                    0.125          626                                 N         Full/Alternative
COEUR D ALENE                      0                        0          664          WAL                    N         Stated Income
TACOMA                           7.6                    0.125          620                                 N         Full/Alternative
SPOKANE                         9.75                    0.125          589                                 N         Full/Alternative
SEATTLE                         6.55                    0.125          651                                 N         Full/Alternative
ABERDEEN                         7.6                    0.125          648                                 N         Full/Alternative
COVINGTON                       7.75                    0.125          630                                 N         Full/Alternative
TACOMA                           8.5                    0.125          650                                 N         Stated Income
EUGENE                          7.99                    0.125          695                                 N         Stated Income
TACOMA                           8.5                    0.125          642                                 N         Stated Income
PHOENIX                          8.4                    0.125          627          HIG                    N         Stated Income
SUMNER                           7.6                    0.125          660                                 N         Full/Alternative
EUGENE                             0                        0          689                                 N         Full/Alternative
SEATTLE                          7.6                    0.125          674                                 N         Stated Income
WOODINVILLE                        0                        0          700                                 N         Stated Income
TACOMA                           7.5                    0.125          745                                 N         Stated Income
SHELTON                          9.1                    0.125          618                                 N         Full/Alternative
EVERETT                         8.97                    0.125          675                                 N         Stated Income
PASADENA                           0                        0          692          WAL                    N         Stated Income
SIMI VALLEY                     6.75                    0.125          714                                 N         Stated Income
VICTORVILLE                     8.15                    0.125          566                                 N         Full/Alternative
PALMDALE                        9.25                    0.125          621          FIC                    N         Full/Alternative
LOS ANGELES                        0                        0          651          WAL                    N         Stated Income
SAN DIEGO                          0                        0          701                                 N         Stated Income
BUENA PARK                      7.35                    0.125          679                                 N         Full/Alternative
TRABUCO CANYON                 9.625                    0.125          642                                 N         Stated Income
CHATSWORTH                     8.625                    0.125          668                                 N         Full/Alternative
CORONA                             0                        0          672                                 N         Stated Income
BELLFLOWER                         0                        0          677          WAL                    N         Full/Alternative
LOS ANGELES                     9.05                    0.125          689                                 N         Full/Alternative
HAWTHORNE                      8.675                    0.125          697                                 N         Stated Income
IRVINE                             0                        0          618                                 N         Full/Alternative
SANTA PAULA                        0                        0          580          FIC                    N         Full/Alternative
LAKEWOOD                           0                        0          594                                 N         Full/Alternative
ALHAMBRA                         8.3                    0.125          717                                 N         Stated Income
SACRAMENTO                         0                        0          663                                 N         Stated Income
LOS ANGELES                     7.95                    0.125          682                                 N         Stated Income
SAN BERNARDINO                  8.35                    0.125          683                                 N         Stated Income
STOCKTON                         8.1                    0.125          659                                 N         Full/Alternative
LONG BEACH                         7                    0.125          716                                 N         Stated Income
KLAMATH FALLS                   7.95                    0.125          647                                 N         Full/Alternative
BELLINGHAM                         0                        0          640                                 N         Full/Alternative
PORTLAND                           0                        0          658                                 N         Stated Income
PUYALLUP                       6.875                    0.125          630                                 N         Full/Alternative
TACOMA                           9.7                    0.125          527                                 N         Full/Alternative
WASILLA                            0                        0          610                                 N         Full/Alternative
SPOKANE                         9.15                    0.125          546                                 N         Full/Alternative
WENDELL                            0                        0          647          FIC                    N         Full/Alternative
PAYETTE                            0                        0          588          WAL                    N         Full/Alternative
TACOMA                             0                        0          616                                 N         Full/Alternative
SUQUAMISH                          0                        0          582                                 N         Full/Alternative
PORTLAND                           0                        0          644          WAL                    N         Full/Alternative
TACOMA                             0                        0          613                                 N         Full/Alternative
PUYALLUP                           0                        0          691          WAL                    N         Full/Alternative
UNIVERSITY PLAC                    0                        0          633                                 N         Full/Alternative
COVINGTON                          0                        0          600                                 N         Full/Alternative
TWIN FALLS                         0                        0          692          WAL                    N         Full/Alternative
GIG HARBOR                      8.49                    0.125          618          WAL                    N         Full/Alternative
SHELTON                            0                        0          728                                 N         Full/Alternative
PORTLAND                       10.15                    0.125          522                                 N         Full/Alternative
SPRINGFIELD                        0                        0          652                                 N         Limited
SEDRO WOOLLEY                      0                        0          586                                 N         Full/Alternative
REPUBLIC                           0                        0          583                                 N         Full/Alternative
ABERDEEN                        8.99                    0.125          651          HIG                    N         Full/Alternative
OTHELLO                            0                        0          670          WAL                    N         Full/Alternative
BOTHELL                            0                        0          636                                 N         Full/Alternative
SPOKANE                            0                        0          642                                 N         Stated Income
SPOKANE                            0                        0          642                                 N         Stated Income
VALHALLA                           0                        0          690                                 N         Full/Alternative
MONCKS CORNER                      0                        0          619          WAL                    N         Full/Alternative
BANGOR                             0                        0          697                                 N         Stated Income
TRENTON                         9.99                    0.125          583                                 N         Full/Alternative
LANHAM                             0                        0          751                                 N         Full/Alternative
LOWELL                             0                        0          673                                 N         Full/Alternative
LOWELL                             0                        0          673                                 N         Full/Alternative
CALUMET CITY                    9.25                    0.125          676          WAL                    N         Stated Income
CALUMET CITY                       0                        0          676          WAL                    N         Stated Income
TOWER CITY                         0                        0          587                                 N         Full/Alternative
MARKHAM                            0                        0          633          HIG                    N         Full/Alternative
SAINT CLAIR SHO                 10.5                    0.125          599                                 N         Full/Alternative
ATLANTA                            0                        0          712          WAL                    N         Stated Income
MONTICELLO                         0                        0          652                                 N         Full/Alternative
NORRIDGE                         8.5                    0.125          786          WAL                    N         Stated Income
BROOKLYN PARK                      0                        0          681                                 N         Stated Income
DETROIT                         9.15                    0.125          685                                 N         Stated Income
DETROIT                            0                        0          685                                 N         Stated Income
CANTON                             0                        0          660                                 N         Full/Alternative
BOYNTON BEACH                      0                        0          704          FIC                    N         Stated Income
CHICAGO                            0                        0          651          WAL                    Y         Stated Income
DECATUR                            0                        0          659          WAL                    N         Stated Income
GARY                               0                        0          632                                 N         Full/Alternative
GARY                               0                        0          632                                 N         Full/Alternative
HAMPTON                            0                        0          584          WAL                    N         Full/Alternative
ADDISON                            0                        0          640          WAL                    N         Stated Income
PALATINE                         9.2                    0.125          641          WAL                    N         Stated Income
ROBBINSDALE                        0                        0          682                                 N         Stated Income
LITTLE FALLS                       0                        0          591                                 N         Full/Alternative
PRINCETON                          0                        0          590                                 N         Full/Alternative
BROOKLYN PARK                    7.2                    0.125          645                                 N         Full/Alternative
BROOKLYN PARK                      0                        0          645                                 N         Full/Alternative
LAND O LAKES                       0                        0          606          WAL                    N         Full/Alternative
CHASKA                             0                        0          693          WAL                    Y         Full/Alternative
SAINT PAUL                         0                        0          657                                 N         Stated Income
HANOVER PARK                    10.3                    0.125          652          WAL                    N         Stated Income
BUCKEYE                         9.45                    0.125          606                                 N         Full/Alternative
KINGMAN                         10.7                    0.125          545                                 N         Full/Alternative
LAS VEGAS                        7.4                    0.125          647                                 N         Full/Alternative
PHOENIX                          8.8                    0.125          650          WAL                    N         Stated Income
KANSAS CITY                        0                        0          642                                 N         Stated Income
KANSAS CITY                        0                        0          642                                 N         Stated Income
DETROIT                            0                        0          660                                 N         Full/Alternative
CHADWICK                           0                        0          725          WAL                    N         Stated Income
RICHMOND                           0                        0          538                                 N         Full/Alternative
NEW BEDFORD                        0                        0          584                                 N         Full/Alternative
RICHMOND                           0                        0          628                                 N         Full/Alternative
COLUMBIA                         9.7                    0.125          593                                 N         Full/Alternative
BANGOR                             0                        0          648                                 N         Stated Income
NASHUA                             0                        0          550                                 N         Full/Alternative
CHARLOTTE                          0                        0          535          C                      N         Full/Alternative
DETROIT                            0                        0          562                                 N         Full/Alternative
CROWLEY                            0                        0          640                                 N         Stated Income
MIAMI                              0                        0          643                                 N         Stated Income
RIDGELAND                          0                        0          644          WAL                    N         Stated Income
RAILROAD FLAT                      0                        0          694                                 N         Full/Alternative
LANCASTER                          0                        0          583                                 N         Full/Alternative
RIDGELAND                          0                        0          644          WAL                    N         Stated Income
HALSTEAD                         8.6                    0.125          523                                 N         Full/Alternative
GILBERT                            0                        0          674                                 N         Full/Alternative
GILBERT                            0                        0          674                                 N         Full/Alternative
DETROIT                            0                        0          660                                 N         Full/Alternative
BRYAN                              0                        0          591                                 N         Full/Alternative
LITTLE RIVER AC                    0                        0          680          WAL                    N         Full/Alternative
SAN ANTONIO                        0                        0          637                                 N         Full/Alternative
LAREDO                             0                        0          634                                 N         Full/Alternative
LAREDO                             0                        0          634                                 N         Full/Alternative
HOUSTON                          9.8                    0.125          596          HIG                    N         Full/Alternative
KINGWOOD                           0                        0          581                                 N         Full/Alternative
HOUSTON                            0                        0          587                                 N         Full/Alternative
BAYTOWN                            0                        0          678                                 N         Stated Income
LA PORTE                           0                        0          601                                 N         Full/Alternative
BAYTOWN                            0                        0          678                                 N         Stated Income
BACLIFF                            0                        0          639          HIG                    N         Full/Alternative
HOUSTON                            0                        0          581                                 N         Full/Alternative
AUSTIN                             0                        0          586                                 N         Full/Alternative
DEER PARK                          0                        0          669          WAL                    N         Stated Income
FORT WORTH                         0                        0          585                                 N         Full/Alternative
FORT WORTH                       9.3                    0.125          588                                 N         Full/Alternative
COLUMBIA                           0                        0          590          HIG                    N         Full/Alternative
JENKS                              0                        0          582          WAL                    N         Full/Alternative
MONCKS CORNER                      0                        0          611                                 N         Full/Alternative
EL PASO                            0                        0          657          WAL                    N         Stated Income
SAN ANTONIO                      8.7                    0.125          681                                 N         Stated Income
CARROLLTON                         0                        0          674                                 N         Full/Alternative
CARROLLTON                     10.35                    0.125          581                                 N         Full/Alternative
GARLAND                            0                        0          719                                 N         Stated Income
EL PASO                            0                        0          599                                 N         Full/Alternative
BOLIVAR                            0                        0          535          MAI                    N         Full/Alternative
ARLINGTON                          0                        0          590                                 N         Full/Alternative
DALLAS                          8.65                    0.125          732                                 N         Full/Alternative
MEMPHIS                            0                        0          626                                 N         Full/Alternative
HITCHCOCK                          0                        0          586                                 N         Full/Alternative
DESOTO                             0                        0          589                                 N         Full/Alternative
ATHENS                           8.5                    0.125          600                                 N         Full/Alternative
BOWIE                              0                        0          604                                 N         Full/Alternative
BEDFORD                            0                        0          658                                 N         Full/Alternative
DENISON                            0                        0          634                                 N         Full/Alternative
SAN MARCOS                      6.99                    0.125          744                                 N         Stated Income
CEDAR HILL                         0                        0          583          WAL                    N         Full/Alternative
GLENN HEIGHTS                      0                        0          602                                 N         Full/Alternative
IRVING                             0                        0          599                                 N         Full/Alternative
PRYOR                              0                        0          645                                 N         Full/Alternative
ROWLETT                            0                        0          653                                 N         Stated Income
BURLESON                           0                        0          697                                 N         Stated Income
BOWIE                              0                        0          592                                 N         Full/Alternative
BALCH SPRINGS                      0                        0          692                                 N         Stated Income
BALCH SPRINGS                      0                        0          692                                 N         Stated Income
MCKINNEY                           0                        0          603                                 N         Full/Alternative
DALLAS                             0                        0          648                                 N         Full/Alternative
WICHITA FALLS                      0                        0          661                                 N         Full/Alternative
FORT WORTH                         0                        0          743          WAL                    N         Full/Alternative
GRAND PRAIRIE                      0                        0          610                                 N         Full/Alternative
BOWIE                            8.6                    0.125          622                                 N         Full/Alternative
GULFPORT                           0                        0          594                                 N         Full/Alternative
MAYNARDVILLE                    9.99                    0.125          641          WAL                    N         Stated Income
VILONIA                          9.2                    0.125          593                                 N         Full/Alternative
EL PASO                            0                        0          668                                 N         Stated Income
FORT WORTH                       9.5                    0.125          629                                 N         Full/Alternative
VICTORIA                        9.25                    0.125          616                                 N         Full/Alternative
LOWRY CROSSING                     0                        0          588                                 N         Full/Alternative
HAYDEN                             0                        0          572                                 N         Full/Alternative
TELEPHONE                          0                        0          634                                 N         Full/Alternative
GRAND PRAIRIE                   9.85                    0.125          581                                 N         Full/Alternative
HOUSTON                            0                        0          593                                 N         Full/Alternative
STANHOPE                           0                        0          584                                 N         Full/Alternative
PORT NECHES                        0                        0          604                                 N         Full/Alternative
RICHMOND                           0                        0          580                                 N         Full/Alternative
DALLAS                             0                        0          587                                 N         Full/Alternative
SAN ANTONIO                        0                        0          627                                 N         Full/Alternative
WILLIS                             0                        0          643                                 N         Stated Income
KYLE                               0                        0          596                                 N         Full/Alternative
HUMBLE                             0                        0          621          WAL                    N         Full/Alternative
HUNTSVILLE                         0                        0          628                                 N         Full/Alternative
WILLIS                             0                        0          635          WAL                    N         Full/Alternative
HOUSTON                            0                        0          606                                 N         Full/Alternative
KATY                               0                        0          595                                 N         Full/Alternative
HORIZON CITY                     8.9                    0.125          597                                 N         Full/Alternative
NEW BRAUNFELS                      0                        0          656                                 N         Full/Alternative
PASADENA                           0                        0          588                                 N         Full/Alternative
HOUSTON                            0                        0          600          HIG                    N         Full/Alternative
LEANDER                            0                        0          583          HIG                    N         Full/Alternative
S. OGDEN                         9.8                    0.125          602                                 N         Full/Alternative
BILLINGS                        9.99                    0.125          589                                 N         Full/Alternative
TOOELE                          9.35                    0.125          768          WAL                    N         Stated Income
LEHI                               0                        0          709                                 N         Full/Alternative
WEST VALLEY                    10.25                    0.125          580                                 N         Full/Alternative
SAINT GEORGE                    9.42                    0.125          603                                 N         Full/Alternative
COLORADO SPRING                    0                        0          645                                 N         Stated Income
WALDORF                            0                        0          589                                 N         Full/Alternative
OWINGS MILLS                     7.7                    0.125          680                                 N         Full/Alternative
CHICAGO                         9.25                    0.125          642                                 N         Stated Income
CHICAGO                            0                        0          642                                 N         Stated Income
GLENDALE HEIGHT                    0                        0          616          WAL                    N         Full/Alternative
LA MARQUE                        8.7                    0.125          640                                 N         Stated Income
LAKE JACKSON                       0                        0          640                                 N         Stated Income
EL PASO                            0                        0          717                                 N         Stated Income
SHOREACRES                         0                        0          593                                 N         Full/Alternative
EDINBURG                           0                        0          645                                 N         Stated Income
HOUSTON                            0                        0          621          WAL                    N         Full/Alternative
MONTGOMERY                      10.4                    0.125          580                                 N         Full/Alternative
ANGLETON                           0                        0          593                                 N         Full/Alternative
HOUSTON                            0                        0          595          HIG                    N         Full/Alternative
MAGNOLIA                           0                        0          586          HIG                    N         Full/Alternative
LEADWOOD                        11.4                    0.125          501                                 N         Full/Alternative
ST. LOUIS                          0                        0          604                                 N         Full/Alternative
LINCOLN                            0                        0          601                                 N         Stated Income
MILFORD                            0                        0          631                                 N         Full/Alternative
SAINT LOUIS                     10.5                    0.125          569                                 N         Stated Income
JESUP                              0                        0          541                                 N         Full/Alternative
LEAVENWORTH                        0                        0          639                                 N         Full/Alternative
MASON CITY                         0                        0          640                                 N         Full/Alternative
INDEPENDENCE                       0                        0          586                                 N         Full/Alternative
KANSAS CITY                        0                        0          711                                 N         Full/Alternative
ST. LOUIS                          0                        0          572          WAL                    N         Full/Alternative
BLAIR                           9.95                    0.125          605                                 N         Full/Alternative
KANSAS CITY                        0                        0          683                                 N         Stated Income
DES MOINES                         0                        0          590                                 N         Full/Alternative
OMAHA                              0                        0          574          WAL                    N         Full/Alternative
RAYMORE                            0                        0          668                                 N         Full/Alternative
SAINT LOUIS                     9.75                    0.125          586                                 N         Full/Alternative
FREEBURG                           0                        0          540                                 N         Stated Income
COUNCIL BLUFFS                10.875                    0.125          589                                 N         Full/Alternative
OLATHE                             0                        0          610                                 N         Full/Alternative
ST. LOUIS                          0                        0          675                                 N         Full/Alternative
CANTON                          9.95                    0.125          599                                 N         Full/Alternative
SIBLEY                          10.4                    0.125          599                                 N         Full/Alternative
SAINT LOUIS                    11.75                    0.125          543                                 N         Stated Income
TIFFIN                             0                        0          586                                 N         Full/Alternative
LEE'S SUMMIT                       0                        0          581                                 N         Full/Alternative
KANSAS CITY                     9.79                    0.125          622                                 N         Full/Alternative
KANSAS CITY                     11.4                    0.125          533                                 N         Stated Income
SAINT LOUIS                      9.7                    0.125          550                                 N         Full/Alternative
COUNCIL BLUFFS                   9.8                    0.125          613                                 N         Full/Alternative
KANSAS CITY                     9.95                    0.125          582                                 N         Stated Income
SAINT LOUIS                    10.99                    0.125          545                                 N         Stated Income
KANSAS CITY                    10.75                    0.125          526                                 N         Full/Alternative
ST. LOUIS                        9.4                    0.125          663                                 N         Full/Alternative
LEON                             9.3                    0.125          640          FIC                    N         Full/Alternative
BELLEVUE                        9.95                    0.125          600                                 N         Full/Alternative
WICHITA                            0                        0          605                                 N         Full/Alternative
KANSAS CITY                        0                        0          640                                 N         Stated Income
KANSAS CITY                     9.45                    0.125          603                                 N         Full/Alternative
OMAHA                           9.05                    0.125          552                                 N         Full/Alternative
KANSAS CITY                        0                        0          632                                 N         Full/Alternative
OVERLAND PARK                   8.65                    0.125          598                                 N         Full/Alternative
HUTCHINSON                      8.75                    0.125          647                                 N         Full/Alternative
BATES CITY                         0                        0          646          WAL                    N         Full/Alternative
COSBY                            9.2                    0.125          625                                 N         Full/Alternative
WENATCHEE                       7.95                    0.125          667                                 N         Full/Alternative
WEST LINN                          0                        0          589          FIC                    N         Full/Alternative
BREMERTON                          0                        0          595                                 N         Full/Alternative
PORTLAND                           0                        0          671                                 N         Stated Income
CAMARILLO                          0                        0          626          WAL                    N         Full/Alternative
QUARTZ HILL ARE                 7.99                    0.125          662                                 N         Stated Income
CARSON                             0                        0          734                                 N         Stated Income
APPLE VALLEY AR                    0                        0          648                                 N         Stated Income
BUENA PARK                      8.95                    0.125          651                                 N         Stated Income
QUARTZ HILL ARE                    0                        0          587          FIC                    N         Full/Alternative
WILMINGTON AREA                    0                        0          690          WAL                    N         Stated Income
LOS ANGELES                        0                        0          692                                 N         Stated Income
ADELANTO                           0                        0          639          WAL                    N         Full/Alternative
LANCASTER AREA                     0                        0          644          FIC                    N         Full/Alternative
NIPOMO                             0                        0          650          WAL                    N         Stated Income
CORONA                          9.45                    0.125          684                                 N         Stated Income
VENTURA (AREA O                    0                        0          785                                 N         Stated Income
NORTHRIDGE AREA                    0                        0          609                                 N         Full/Alternative
NORTHRIDGE AREA                    0                        0          631          WAL                    N         Full/Alternative
WOODLAND HILLS                   8.5                    0.125          691                                 N         Stated Income
POMONA                           7.7                    0.125          689                                 N         Stated Income
VICTORVILLE                     7.45                    0.125          704                                 N         Stated Income
HEMET                              0                        0          681          WAL                    N         Stated Income
MATTAWA                            0                        0          716                                 N         Stated Income
COEUR D ALENE                   9.85                    0.125          644          FIC                    N         Stated Income
IDAHO FALLS                        0                        0          642          WAL                    N         Full/Alternative
SPOKANE                        6.325                    0.125          692                                 N         Full/Alternative
EVERETT                            0                        0          623                                 N         Full/Alternative
SPOKANE                            0                        0          642                                 N         Full/Alternative
KANSAS CITY                        0                        0          605                                 N         Full/Alternative
CEDAR RAPIDS                     9.3                    0.125          596          HIG                    N         Full/Alternative
OVERLAND PARK                      0                        0          620                                 N         Full/Alternative
DES MOINES                         0                        0          597                                 N         Full/Alternative
MAQUOKETA                          0                        0          648                                 N         Full/Alternative
ST. PETERS                       8.1                    0.125          620                                 N         Full/Alternative
GARDNER                            0                        0          684                                 N         Full/Alternative
ABBYVILLE                       9.05                    0.125          640                                 N         Stated Income
ST. LOUIS                       10.3                    0.125          584          HIG                    N         Full/Alternative
DES MOINES                         0                        0          609                                 N         Full/Alternative
MAQUOKETA                          0                        0          595          HIG                    N         Full/Alternative
KANSAS CITY                        0                        0          550                                 N         Full/Alternative
PERRY                              0                        0          584                                 N         Full/Alternative
OVERLAND PARK                      0                        0          593          HIG                    N         Full/Alternative
OLATHE                             0                        0          600                                 N         Full/Alternative
KANSAS CITY                        0                        0          585                                 N         Full/Alternative
GRANDVIEW                          0                        0          600                                 N         Full/Alternative
ADAIR                              0                        0          594                                 N         Full/Alternative
ASHLAND                          9.1                    0.125          698                                 N         Stated Income
KANSAS CITY                        0                        0          603          FIC                    N         Full/Alternative
VIOLA                              0                        0          608                                 N         Full/Alternative
GRAIN VALLEY                       0                        0          632                                 N         Full/Alternative
MAQUOKETA                          0                        0          589                                 N         Full/Alternative
COLORADO SPRING                    0                        0          594          HIG                    N         Full/Alternative
KANSAS CITY                        0                        0          602                                 N         Full/Alternative
CRESTON                            0                        0          592                                 N         Full/Alternative
COVINGTON                          0                        0          611          WAL                    N         Full/Alternative
ELIZABETH CITY                  8.95                    0.125          694                                 N         Full/Alternative
FORT WALTON BEA                 11.4                    0.125          501          C                      N         Full/Alternative
ATLANTA                          8.9                    0.125          663          WAL                    N         Stated Income
MCHENRY                            0                        0          655                                 N         Stated Income
HIALEAH                            0                        0          615          WAL                    N         Full/Alternative
LITHONIA                           0                        0          581          WAL                    N         Full/Alternative
ORLANDO                         8.25                    0.125          689          WAL                    N         Stated Income
PORT SAINT LUCI                  8.1                    0.125          632          WAL                    N         Stated Income
CLERMONT                        8.75                    0.125          615          WAL                    N         Full/Alternative
MIAMI                           8.45                    0.125          643          FIC                    N         Stated Income
CHICAGO                            0                        0          667                                 N         Stated Income
NORTH AUGUSTA                      0                        0          609                                 N         Full/Alternative
ATLANTA                            0                        0          665          WAL                    N         Stated Income
SUNRISE                         8.45                    0.125          695          WAL                    N         Stated Income
ATLANTA                            0                        0          594          WAL                    N         Full/Alternative
NORTHBROOK                         0                        0          686                                 N         Stated Income
SNELLVILLE                      8.99                    0.125          596          WAL                    N         Full/Alternative
CAROL STREAM                     7.5                    0.125          723                                 N         Stated Income
ELLENWOOD                        9.6                    0.125          580          HIG                    N         Full/Alternative
TAMPA                           8.95                    0.125          714          WAL                    N         Stated Income
COVINGTON                        8.3                    0.125          718          WAL                    N         Stated Income
NEWNAN                             0                        0          592          WAL                    N         Full/Alternative
ELLENWOOD                          0                        0          692          WAL                    N         Stated Income
ORANGE PARK                     8.15                    0.125          674          WAL                    N         Stated Income
SCOTTSDALE                         0                        0          665                                 N         Full/Alternative
CASA GRANDE                        0                        0          614                                 N         Full/Alternative
PHOENIX                         7.15                    0.125          619                                 N         Full/Alternative
CASA GRANDE                        0                        0          606                                 N         Full/Alternative
QUEEN CREEK                        0                        0          614                                 N         Full/Alternative
PHOENIX                         10.2                    0.125          593                                 N         Full/Alternative
SURPRISE                           0                        0          649                                 N         Stated Income
TUCSON                             0                        0          661                                 N         Stated Income
QUEEN CREEK                     8.95                    0.125          661                                 N         Stated Income
CASA GRANDE                        0                        0          590                                 N         Full/Alternative
NORTH LAS VEGAS                    0                        0          609          WAL                    N         Full/Alternative
LAS VEGAS                          0                        0          713                                 N         Full/Alternative
GOLD CANYON                      9.5                    0.125          576                                 N         Full/Alternative
MAYER                              0                        0          583                                 N         Full/Alternative
QUEEN CREEK                        0                        0          623          WAL                    N         Full/Alternative
KINGMAN                            0                        0          610                                 N         Full/Alternative
TUCSON                             0                        0          596                                 N         Full/Alternative
SURPRISE                           0                        0          657                                 N         Stated Income
CASA GRANDE                        0                        0          630                                 N         Full/Alternative
LAS VEGAS                          7                    0.125          730                                 N         Stated Income
GOODYEAR                        7.45                    0.125          652                                 N         Full/Alternative
SURPRISE                         6.8                    0.125          659                                 N         Full/Alternative
TOLLESON                        7.45                    0.125          657                                 N         Full/Alternative
MESA                             9.5                    0.125          641                                 N         Stated Income
QUEEN CREEK                     7.15                    0.125          619                                 N         Full/Alternative
LAS VEGAS                          0                        0          665                                 N         Stated Income
QUEEN CREEK                        0                        0          657                                 N         Full/Alternative
CASA GRANDE                      8.1                    0.125          618                                 N         Full/Alternative
LAS VEGAS                       7.05                    0.125          700                                 N         Stated Income
AVONDALE                         8.1                    0.125          673                                 N         Stated Income
FORT MOHAVE                     6.75                    0.125          660                                 N         Full/Alternative
QUEEN CREEK                      8.1                    0.125          659                                 N         Stated Income
GLENDALE                        7.35                    0.125          634                                 N         Full/Alternative
SURPRISE                        6.45                    0.125          632                                 N         Full/Alternative
NORTH LAS VEGAS                    0                        0          569          WAL                    N         Full/Alternative
SEDONA                          7.65                    0.125          625                                 N         Full/Alternative
LAS VEGAS                       7.95                    0.125          742                                 N         Stated Income
PHOENIX                         8.55                    0.125          768                                 N         Stated Income
PHOENIX                         7.45                    0.125          608                                 N         Full/Alternative
PHOENIX                         7.55                    0.125          616                                 N         Full/Alternative
QUEEN CREEK                      8.7                    0.125          671                                 N         Stated Income
QUEEN CREEK                      7.9                    0.125          661                                 N         Full/Alternative
QUEEN CREEK                     7.75                    0.125          622                                 N         Full/Alternative
SAHUARITA                        7.1                    0.125          618                                 N         Full/Alternative
AMADO                           10.8                    0.125          505                                 N         Full/Alternative
TUCSON                          8.75                    0.125          548                                 N         Full/Alternative
PHOENIX                         9.45                    0.125          646                                 N         Full/Alternative
LAVEEN                          7.29                    0.125          638                                 N         Full/Alternative
SURPRISE                        6.95                    0.125          621                                 N         Full/Alternative
PEORIA                         7.625                    0.125          582          WAL                    N         Full/Alternative
SURPRISE                           0                        0          682                                 N         Full/Alternative
QUEEN CREEK                     7.95                    0.125          626                                 N         Full/Alternative
KINGMAN                         9.39                    0.125          604                                 N         Stated Income
PHOENIX                         7.65                    0.125          689          WAL                    N         Full/Alternative
KANSAS CITY                     8.75                    0.125          543                                 N         Full/Alternative
INDEPENDENCE                    9.45                    0.125          586                                 N         Full/Alternative
CHARLES CITY                       0                        0          657                                 N         Full/Alternative
INDEPENDENCE                     9.6                    0.125          629                                 N         Full/Alternative
KANSAS CITY                     10.8                    0.125          594          HIG                    N         Full/Alternative
SENECA                             0                        0          630                                 N         Full/Alternative
LEAVENWORTH                     8.79                    0.125          569                                 N         Full/Alternative
KANSAS CITY                        0                        0          648                                 N         Full/Alternative
DES MOINES                      9.05                    0.125          596                                 N         Full/Alternative
COUNCIL BLUFFS                     0                        0          629                                 N         Full/Alternative
KANSAS CITY                        0                        0          574                                 N         Stated Income
PALATINE                           0                        0          594                                 N         Full/Alternative
PORT CHARLOTTE                  7.85                    0.125          595          WAL                    N         Full/Alternative
ATLANTA                         9.85                    0.125          654          WAL                    N         Stated Income
CHICAGO                            0                        0          680                                 N         Stated Income
ATLANTA                          9.8                    0.125          659          WAL                    N         Stated Income
ST CLAIR SHORES                 9.99                    0.125          593                                 N         Full/Alternative
CHICAGO                            0                        0          581          WAL                    N         Full/Alternative
LITHONIA                           0                        0          641          WAL                    N         Stated Income
JACKSON                            0                        0          581                                 N         Full/Alternative
AURORA                             0                        0          675          WAL                    N         Full/Alternative
HOFFMAN ESTATES                    0                        0          678                                 N         Full/Alternative
COON RAPIDS                        0                        0          627                                 N         Full/Alternative
PLAINFIELD                         0                        0          665                                 N         Stated Income
SCHAUMBURG                         0                        0          698                                 N         Full/Alternative
JACKSONVILLE                       0                        0          599          WAL                    N         Full/Alternative
DETROIT                         9.99                    0.125          567                                 N         Stated Income
RUFFIN                             0                        0          576                                 N         Full/Alternative
TITUSVILLE                      6.95                    0.125          599          WAL                    N         Full/Alternative
ROSEVILLE                          0                        0          624                                 N         Full/Alternative
LAKELAND                           0                        0          581          WAL                    N         Full/Alternative
CHICAGO                            0                        0          697                                 N         Stated Income
RIVERDALE                          0                        0          612          WAL                    N         Full/Alternative
CHICAGO                            0                        0          620                                 N         Full/Alternative
CHICAGO HEIGHTS                 9.99                    0.125          671                                 N         Stated Income
ROCKMART                           0                        0          547          HIG                    N         Full/Alternative
BOGART                             0                        0          521          MAI                    N         Full/Alternative
EVANSVILLE                         0                        0          580                                 N         Full/Alternative
DETROIT                            0                        0          709                                 N         Stated Income
GAINESVILLE                     9.75                    0.125          655          WAL                    N         Stated Income
MIRAMAR                         6.99                    0.125          737          WAL                    N         Stated Income
MAYWOOD                            0                        0          666          WAL                    N         Full/Alternative
CHICAGO                         9.55                    0.125          694                                 N         Stated Income
ROSEMONT                        9.65                    0.125          682                                 N         Stated Income
NEWAYGO                         9.25                    0.125          628                                 N         Full/Alternative
NEWAYGO                            0                        0          628                                 N         Full/Alternative
ATLANTA                            0                        0          664          WAL                    N         Stated Income
HARVEY                           9.1                    0.125          664                                 N         Full/Alternative
CHICAGO                          9.4                    0.125          615                                 N         Full/Alternative
MILTON                             0                        0          590          FIC                    N         Full/Alternative
WOODRIDGE                          0                        0          687                                 N         Stated Income
ST LOUIS PARK                      0                        0          662                                 N         Stated Income
HIGH POINT                       9.5                    0.125          593                                 N         Full/Alternative
BELLEVILLE                         0                        0          635                                 N         Full/Alternative
CONYERS                         8.25                    0.125          731          WAL                    N         Stated Income
COVINGTON                          0                        0          607          WAL                    Y         Full/Alternative
VALDOSTA                           0                        0          598          WAL                    N         Full/Alternative
DEFUNIAK SPRING                    0                        0          592          WAL                    N         Full/Alternative
CHICAGO                        10.15                    0.125          657                                 N         Stated Income
MACOMB                             0                        0          629                                 N         Full/Alternative
HIALEAH                            0                        0          637          FIC                    N         Full/Alternative
ELK RIVER                       9.29                    0.125          661                                 N         Stated Income
LAFAYETTE                          0                        0          588                                 N         Full/Alternative
GATESVILLE                      9.24                    0.125          585                                 N         Full/Alternative
AUGUSTA                            0                        0          557          HIG                    N         Full/Alternative
MOUNT PROSPECT                   9.6                    0.125          651                                 N         Stated Income
ROCHELLE                         9.4                    0.125          680                                 N         Stated Income
MOUNT VERNON                     9.7                    0.125          621                                 N         Stated Income
DETROIT                         9.85                    0.125          606                                 N         Full/Alternative
TAMPA                              0                        0          652          WAL                    N         Full/Alternative
TEMPLE                             0                        0          614          HIG                    N         Full/Alternative
DOUGLASVILLE                       0                        0          728          WAL                    N         Stated Income
ROSELLE                         8.85                    0.125          734                                 N         Stated Income
ELMORE                        10.235                    0.125          590                                 N         Full/Alternative
CROSS                              0                        0          732                                 N         Stated Income
LECANTO                            0                        0          654          WAL                    N         Stated Income
DECATUR                            0                        0          590          HIG                    N         Full/Alternative
AUBURN HILLS                    8.99                    0.125          665                                 N         Stated Income
LOUISVILLE                       5.5                    0.125          584          WAL                    N         Full/Alternative
GLENDALE HEIGHT                    0                        0          608                                 N         Full/Alternative
RIVERVIEW                          0                        0          618          WAL                    N         Full/Alternative
SOUTH HOLLAND                    9.5                    0.125          564                                 N         Full/Alternative
CHICAGO                         9.35                    0.125          663                                 N         Stated Income
MAYWOOD                            0                        0          662          FIC                    N         Full/Alternative
CHICAGO                        10.15                    0.125          656                                 N         Stated Income
LILBURN                         9.34                    0.125          598          HIG                    N         Full/Alternative
DEERFIELD                       8.35                    0.125          666          WAL                    N         Stated Income
NEW PORT RICHEY                    0                        0          611          WAL                    N         Full/Alternative
GLENWOOD                           0                        0          598                                 N         Full/Alternative
INDIANAPOLIS                    9.55                    0.125          550                                 N         Full/Alternative
UNION                              0                        0          587                                 N         Full/Alternative
CHICAGO                            0                        0          607                                 N         Full/Alternative
SANFORD                        10.15                    0.125          644          HIG                    Y         Stated Income
ORLAND PARK                      7.2                    0.125          701          HIG                    N         Stated Income
ELGIN                           8.75                    0.125          548          WAL                    N         Full/Alternative
BELLWOOD                        8.29                    0.125          700                                 N         Stated Income
JOLIET                          8.95                    0.125          547                                 N         Full/Alternative
STERLING HEIGHT                 9.65                    0.125          606                                 N         Full/Alternative
IXONIA                             0                        0          580                                 N         Full/Alternative
BERWYN                         10.15                    0.125          586                                 N         Full/Alternative
WHEATON                            0                        0          723                                 N         Stated Income
SAUK VILLAGE                    9.99                    0.125          596                                 N         Full/Alternative
GRAND RAPIDS                    9.99                    0.125          658                                 N         Stated Income
CHICAGO                          8.8                    0.125          685                                 N         Stated Income
CHICAGO                          7.2                    0.125          718                                 N         Stated Income
CHICAGO HEIGHTS                  9.7                    0.125          669                                 N         Stated Income
DETROIT                            0                        0          687                                 N         Stated Income
HAZEL PARK                     10.25                    0.125          584                                 N         Full/Alternative
ROCKFORD                       10.25                    0.125          535                                 N         Full/Alternative
HOLIDAY                            0                        0          586          WAL                    N         Stated Income
WESTCHESTER                    10.55                    0.125          649                                 N         Stated Income
MACHESNEY PARK                   9.6                    0.125          566                                 N         Full/Alternative
CUMMING                            0                        0          676          WAL                    N         Stated Income
BRADENTON                          0                        0          597          FIC                    N         Full/Alternative
GLENN DALE                       8.5                    0.125          649                                 N         Stated Income
CHARLOTTE                        9.5                    0.125          583                                 N         Full/Alternative
COLLEGE PARK                       0                        0          672          HIG                    N         Stated Income
MONTGOMERY                         0                        0          660                                 N         Stated Income
BANGOR                             0                        0          651          WAL                    N         Full/Alternative
ROCHESTER HILLS                 9.99                    0.125          651          WAL                    N         Stated Income
FOX LAKE                         8.5                    0.125          584          FIC                    N         Full/Alternative
ULEN                               0                        0          690                                 N         Stated Income
STONE MOUNTAIN                     0                        0          649          WAL                    N         Full/Alternative
ROCKMART                         6.6                    0.125          623          WAL                    N         Full/Alternative
ROCKMART                           0                        0          623          WAL                    N         Full/Alternative
SALEM                           9.75                    0.125          585                                 N         Full/Alternative
PROVIDENCE                         0                        0          592                                 N         Full/Alternative
REDDICK                            0                        0          557                                 N         Full/Alternative
CHICAGO HEIGHTS                 9.32                    0.125          657          WAL                    N         Full/Alternative
HUDSON                           9.9                    0.125          590                                 N         Full/Alternative
KENDUSKEAG                         0                        0          719                                 N         Full/Alternative
SKOWHEGAN                          0                        0          629                                 N         Full/Alternative
STAFFORD                           0                        0          750                                 N         Full/Alternative
AGAWAM                             0                        0          588          WAL                    N         Full/Alternative
NEW LENOX                          0                        0          580          FIC                    N         Full/Alternative
UPPER MARLBORO                  6.85                    0.125          658          WAL                    N         Full/Alternative
BRIDGEVIEW                       9.6                    0.125          674          WAL                    N         Stated Income
WASHINGTON                         0                        0          695                                 N         Stated Income
MAPLEWOOD                          0                        0          630          WAL                    N         Full/Alternative
BROOKLINE                          0                        0          605                                 N         Full/Alternative
3EST WARWICK                       0                        0          611                                 N         Full/Alternative
WESTBROOK                        9.2                    0.125          623                                 N         Full/Alternative
RALEIGH                            0                        0          540                                 N         Full/Alternative
BROOKLYN                           0                        0          707          WAL                    N         Stated Income
ATLANTA                            0                        0          653          WAL                    N         Stated Income
ELK RIVER                          0                        0          609                                 N         Full/Alternative
CARMEL                             0                        0          628                                 N         Full/Alternative
DISTRICT HEIGHT                 7.85                    0.125          682                                 N         Stated Income
EVANSVILLE                         0                        0          597                                 N         Full/Alternative
BROOKLYN                           0                        0          556          HIG                    N         Full/Alternative
ZEBULON                          9.5                    0.125          592                                 N         Full/Alternative
NORTH ADAMS                      8.9                    0.125          724                                 N         Stated Income
JONESBORO                       9.35                    0.125          585          WAL                    N         Full/Alternative
HAMPSTEAD                      10.79                    0.125          528          MAI                    N         Full/Alternative
MOREHEAD CITY                   8.05                    0.125          725                                 N         Stated Income
LITTLETON                          0                        0          592          FIC                    N         Full/Alternative
WILMINGTON                         0                        0          545                                 N         Full/Alternative
COLUMBIA                           0                        0          567          WAL                    N         Full/Alternative
WARREN                          9.99                    0.125          599                                 N         Full/Alternative
LOCKPORT                        9.75                    0.125          608                                 N         Full/Alternative
FLORHAM PARK                     9.6                    0.125          618                                 N         Stated Income
BURNHAM                            0                        0          621                                 N         Full/Alternative
BALTIMORE                          0                        0          641          WAL                    N         Full/Alternative
GREENSBORO                     8.275                    0.125          663          WAL                    N         Full/Alternative
SAINT ALBANS                       0                        0          621                                 N         Full/Alternative
IRVINGTON                      10.15                    0.125          645                                 N         Stated Income
BREWER                             0                        0          581                                 N         Full/Alternative
CHICAGO                            0                        0          622                                 N         Full/Alternative
SANFORD                            0                        0          594                                 N         Full/Alternative
DORCHESTER                         0                        0          672                                 N         Stated Income
GAINESVILLE                        0                        0          668          HIG                    N         Stated Income
SILVER SPRING                   7.55                    0.125          595          WAL                    N         Full/Alternative
ROCKFORD                           0                        0          613          FIC                    N         Full/Alternative
HERMON                          7.49                    0.125          606                                 N         Full/Alternative
TWO HARBORS                        0                        0          667          WAL                    N         Full/Alternative
BALTIMORE                          0                        0          646                                 N         Full/Alternative
WEST STEWARTSTO                    0                        0          617                                 N         Full/Alternative
LOWELL                             0                        0          639                                 N         Full/Alternative
MIDLOTHIAN                         0                        0          585                                 N         Full/Alternative
PRINCESS ANNE                      0                        0          635          FIC                    N         Full/Alternative
CHICOPEE                           0                        0          600                                 N         Full/Alternative
LOWELL                             0                        0          616                                 N         Full/Alternative
LOWELL                             0                        0          616                                 N         Full/Alternative
SOUTH OZONE PAR                    0                        0          718                                 N         Stated Income
HIGH POINT                         0                        0          593                                 N         Full/Alternative
ROSEVILLE                       8.25                    0.125          634                                 N         Full/Alternative
BALTIMORE                          0                        0          531                                 N         Full/Alternative
COUNTRY CLUB HI                    0                        0          721                                 N         Stated Income
SPRINGFIELD                        0                        0          640          WAL                    N         Full/Alternative
SPRINGFIELD                        0                        0          640          WAL                    N         Full/Alternative
ATHENS                             0                        0          675                                 N         Full/Alternative
GASTONIA                           0                        0          637                                 N         Full/Alternative
ESSEX JUNCTION                     0                        0          611          WAL                    N         Full/Alternative
SAINT ALBANS                       0                        0          580                                 N         Full/Alternative
DIXFIELD                           0                        0          627                                 N         Full/Alternative
CORONA                             0                        0          666                                 N         Stated Income
BALTIMORE                          0                        0          585                                 N         Full/Alternative
BAY SHORE                          0                        0          669                                 N         Stated Income
NORTH EAST                         0                        0          602                                 N         Full/Alternative
EVERETT                            0                        0          648                                 N         Stated Income
EDEN                               0                        0          664                                 N         Full/Alternative
CHARLOTTE                       8.99                    0.125          652          WAL                    N         Full/Alternative
CRYSTAL LAKE                     8.6                    0.125          608                                 N         Full/Alternative
BALTIMORE                          0                        0          581                                 N         Full/Alternative
COVENTRY                           0                        0          613          WAL                    N         Full/Alternative
FRANKLINVILLE                      0                        0          681          WAL                    N         Full/Alternative
STEUBEN                            0                        0          725          WAL                    N         Full/Alternative
NEWARK                             0                        0          587                                 N         Full/Alternative
CORINNA                            0                        0          657                                 N         Limited
ATLANTA                            0                        0          674          WAL                    N         Stated Income
LEXINGTON                          0                        0          641          FIC                    N         Full/Alternative
HIBBING                         9.85                    0.125          582                                 N         Full/Alternative
SCHAUMBURG                         0                        0          677                                 N         Stated Income
UPPER MARLBORO                     0                        0          703                                 N         Full/Alternative
LIVERMORE FALLS                    0                        0          635                                 N         Full/Alternative
DETROIT                            0                        0          558                                 N         Stated Income
BALTIMORE                       9.85                    0.125          689          WAL                    N         Stated Income
METROPOLIS                     10.45                    0.125          637                                 N         Full/Alternative
JAMAICA                            0                        0          640          WAL                    N         Full/Alternative
SOMERSWORTH                        0                        0          586                                 N         Full/Alternative
BURLINGTON                         0                        0          609                                 N         Full/Alternative
RANDALLSTOWN                    7.85                    0.125          712                                 N         Stated Income
ROSELLE                          9.1                    0.125          734                                 N         Stated Income
CLINTON                            0                        0          648                                 N         Full/Alternative
CLINTON                            0                        0          648                                 N         Full/Alternative
RICHMOND                        9.25                    0.125          607                                 N         Full/Alternative
WINSTON SALEM                      0                        0          554                                 N         Full/Alternative
STRASBURG                       8.35                    0.125          622                                 N         Full/Alternative
BEMIDJI                            0                        0          640                                 N         Full/Alternative
DEKALB                             0                        0          567          FIC                    N         Full/Alternative
EVANSVILLE                         0                        0          698                                 N         Full/Alternative
GLEN BURNIE                        0                        0          611          FIC                    N         Full/Alternative
SPRINGFIELD                      9.6                    0.125          643                                 N         Stated Income
UNIVERSITY PARK                 9.95                    0.125          660                                 N         Stated Income
LINWOOD                            0                        0          649                                 N         Stated Income
PATERSON                           0                        0          666                                 N         Stated Income
BRISTOL                            0                        0          609                                 N         Full/Alternative
CHICAGO                            0                        0          681          WAL                    N         Stated Income
CHICAGO                          8.6                    0.125          704                                 N         Stated Income
INVER GROVE HEI                    0                        0          672          WAL                    N         Full/Alternative
KNAPP                              0                        0          615                                 N         Full/Alternative
ALEXANDRIA                         0                        0          638                                 N         Full/Alternative
AMERY                              0                        0          589                                 N         Full/Alternative
CHICAGO                            0                        0          639                                 N         Stated Income
NORTH SAINT PAU                    0                        0          671                                 N         Full/Alternative
OXFORD                             0                        0          662          HIG                    N         Full/Alternative
RALEIGH                          8.4                    0.125          593                                 N         Full/Alternative
LEVERING                        9.89                    0.125          617                                 N         Stated Income
AURORA                             0                        0          682                                 N         Full/Alternative
PORTLAND                           0                        0          604                                 N         Full/Alternative
MUNDELEIN                          0                        0          636                                 N         Full/Alternative
PORTLAND                           0                        0          604                                 N         Full/Alternative
ROLLING MEADOWS                10.25                    0.125          593                                 N         Full/Alternative
GLENBURN                           0                        0          630                                 N         Full/Alternative
DETROIT                         9.15                    0.125          606          WAL                    N         Full/Alternative
BENTON                             0                        0          655                                 N         Full/Alternative
BURLINGTON                         0                        0          592                                 N         Full/Alternative
SWANTON                            0                        0          604                                 N         Full/Alternative
DETROIT                         9.85                    0.125          640                                 N         Stated Income
CHICAGO                         7.75                    0.125          681                                 N         Stated Income
CHARLESTOWN                        0                        0          617                                 N         Full/Alternative
BALTIMORE                          0                        0          589          WAL                    N         Full/Alternative
EAST GREENWICH                     0                        0          756                                 N         Full/Alternative
CARMEL                             0                        0          688          WAL                    N         Full/Alternative
PATERSON                           0                        0          660          WAL                    N         Stated Income
WINSTON SALEM                      0                        0          580                                 N         Full/Alternative
PETERBOROUGH                       0                        0          627                                 N         Full/Alternative
JONESPORT                          0                        0          627                                 N         Full/Alternative
PORTLAND                           0                        0          619                                 N         Full/Alternative
ELGIN                              0                        0          667                                 N         Full/Alternative
WOODBRIDGE                         0                        0          665                                 N         Stated Income
HYATTSVILLE                     7.25                    0.125          717                                 N         Stated Income
BLOOMINGTON                        0                        0          672                                 N         Full/Alternative
ROCKFORD                       10.05                    0.125          614                                 N         Full/Alternative
BALTIMORE                          0                        0          579                                 N         Full/Alternative
HAMMOND                          8.3                    0.125          680                                 N         Stated Income
HOLBROOK                       10.65                    0.125          543          WAL                    N         Full/Alternative
PATERSON                           0                        0          660          WAL                    N         Stated Income
SHAPLEIGH                          0                        0          657          WAL                    N         Full/Alternative
WATERVILLE                         0                        0          687                                 N         Full/Alternative
FALL RIVER                         0                        0          723          WAL                    N         Stated Income
ALBANY                             0                        0          633                                 N         Full/Alternative
MOUNT HOLLY                        0                        0          652                                 N         Stated Income
MERRIMACK                          0                        0          616                                 N         Full/Alternative
BALTIMORE                          0                        0          644          WAL                    N         Full/Alternative
LANDOVER                           0                        0          670          WAL                    N         Full/Alternative
MANCHESTER                         0                        0          637                                 N         Full/Alternative
CHICAGO                         7.75                    0.125          704          WAL                    N         Full/Alternative
BARRE                              0                        0          655          WAL                    N         Full/Alternative
CHICAGO                            0                        0          707                                 N         Stated Income
NASHUA                             0                        0          635                                 N         Full/Alternative
CENTRAL ISLIP                      0                        0          695                                 N         Stated Income
AURORA                             0                        0          571                                 N         Full/Alternative
BREWER                             0                        0          614                                 N         Full/Alternative
CUMBERLAND FORE                    0                        0          637          WAL                    N         Full/Alternative
SALISBURY                          0                        0          637                                 N         Full/Alternative
PETERBOROUGH                       0                        0          627                                 N         Full/Alternative
GLEN ALLEN                         0                        0          582                                 N         Full/Alternative
REHOBOTH                           0                        0          645          WAL                    N         Full/Alternative
POOLESVILLE                        0                        0          641                                 N         Full/Alternative
CHICAGO                         10.8                    0.125          719                                 N         Stated Income
NORTH PROVIDENC                    7                    0.125          612                                 N         Full/Alternative
CHARLOTTE                          0                        0          595                                 N         Full/Alternative
DAVENPORT                       9.85                    0.125          589                                 N         Full/Alternative
SHELTON                            0                        0          560                                 N         Full/Alternative
DES MOINES                         0                        0          570                                 N         Full/Alternative
CARL JUNCTION                      0                        0          554                                 N         Full/Alternative
MARSHFIELD                         0                        0          557                                 N         Full/Alternative
BOELUS                             0                        0          572                                 N         Full/Alternative
GUTHRIE CENTER                     0                        0          665                                 N         Full/Alternative
OLATHE                             0                        0          554                                 N         Full/Alternative
LUFKIN                             0                        0          619                                 N         Full/Alternative
MANSFIELD                          0                        0          599                                 N         Full/Alternative
BRANDON                          7.4                    0.125          585          FIC                    N         Full/Alternative
BLACK CANYON CI                    0                        0          609                                 N         Stated Income
CARLSBAD                       10.25                    0.125          598                                 N         Full/Alternative
MISSION VIEJO                   7.65                    0.125          600                                 N         Full/Alternative
APLINGTON                          0                        0          604                                 N         Full/Alternative
ELDON                              0                        0          631                                 N         Full/Alternative
NEWTON                             0                        0          620                                 N         Full/Alternative
LINDEN                             0                        0          704                                 N         Full/Alternative
OKEECHOBEE                       9.1                    0.125          593          WAL                    N         Stated Income
BOONE                              0                        0          568          FIC                    N         Full/Alternative
LA PORTE                           0                        0          645                                 N         Full/Alternative
WICHITA                          8.6                    0.125          712                                 N         Full/Alternative
NEWTON                             0                        0          602                                 N         Full/Alternative
PERRY                           8.85                    0.125          633                                 N         Full/Alternative
GRANGER                            0                        0          786                                 N         Stated Income
FRANKFORT                          0                        0          580                                 N         Full/Alternative
HARTLEY                            0                        0          591                                 N         Full/Alternative
WALLLA WALLA                    7.95                    0.125          624                                 N         Full/Alternative
SHALIMAR                         8.3                    0.125          647          WAL                    N         Stated Income
CONWAY SPRINGS                  9.75                    0.125          604          WAL                    N         Full/Alternative
SACRAMENTO                      6.65                    0.125          664          FIC                    N         Full/Alternative
LATHROP                            0                        0          706                                 N         Full/Alternative
CHARLESTON                         0                        0          615                                 N         Full/Alternative
DIXON IL 61021                     0                        0          647                                 N         Full/Alternative
COVINGTON                          0                        0          582                                 N         Full/Alternative
EVERETT                            8                    0.125          605                                 N         Full/Alternative
LAS VEGAS                       8.95                    0.125          649                                 N         Stated Income
AURORA                             0                        0          567                                 N         Full/Alternative
FRANKLIN                           0                        0          637                                 N         Full/Alternative
INDEPENDENCE                   10.35                    0.125          527                                 N         Full/Alternative
INDEPENDENCE                       0                        0          578                                 N         Full/Alternative
PHOENIX                         8.25                    0.125          672                                 N         Stated Income
MEMPHIS                            0                        0          587                                 N         Full/Alternative
ATKINS                             0                        0          605                                 N         Full/Alternative
WINLOCK                            0                        0          596                                 N         Full/Alternative
BRYANT                           7.6                    0.125          676                                 N         Full/Alternative
INVERNESS                          0                        0          665          A                      N         Stated Income
LAS VEGAS                          0                        0          649                                 N         Stated Income
MEMPHIS                            0                        0          673                                 N         Stated Income
NORTH LAS VEGAS                    0                        0          659          WAL                    N         Full/Alternative
SHREVEPORT                         0                        0          569                                 N         Full/Alternative
SIOUX CITY                         0                        0          576          WAL                    N         Full/Alternative
VANCOUVER                          0                        0          649                                 N         Full/Alternative
ALBUQUERQUE                     9.95                    0.125          550                                 N         Stated Income
INDIANOLA                          0                        0          584                                 N         Full/Alternative
PORTLAND                           0                        0          544                                 N         Full/Alternative
NORTH LAS VEGAS                    0                        0          659          WAL                    N         Full/Alternative
RAPIDS CITY                        0                        0          626                                 N         Full/Alternative
MIAMI                              0                        0          661          WAL                    N         Full/Alternative
EXETER                          9.35                    0.125          639                                 N         Full/Alternative
WICHITA                            0                        0          675                                 N         Full/Alternative
VANCOUVER                          0                        0          649                                 N         Full/Alternative
BARTLESVILLE                       0                        0          571          HIG                    N         Full/Alternative
WORTH                              0                        0          702                                 N         Full/Alternative
MESA                               0                        0          555                                 N         Full/Alternative
NORFOLK                            0                        0          566                                 N         Full/Alternative
WEST DES MOINES                    0                        0          593                                 N         Full/Alternative
BETTENDORF                         0                        0          660                                 N         Full/Alternative
HEWITT                             0                        0          602                                 N         Full/Alternative
FORT SMITH                         0                        0          743                                 N         Stated Income
WICHITA                            0                        0          654                                 N         Full/Alternative
ENUMCLAW                           0                        0          542          WAL                    N         Full/Alternative
CRAWFORDSVILLE                     0                        0          568                                 N         Full/Alternative
EVERETT                            0                        0          692                                 N         Stated Income
EVERETT                            0                        0          692                                 N         Stated Income
LINDSBORG                          0                        0          606                                 N         Full/Alternative
TACOMA                             0                        0          574          FIC                    N         Full/Alternative
PUYALLUP                           0                        0          590                                 N         Stated Income
BATTLE GROUND                   8.99                    0.125          627                                 N         Stated Income
WATAUGA                          9.9                    0.125          582                                 N         Full/Alternative
DAVENPORT                          0                        0          641          WAL                    N         Full/Alternative
LAKE STEVENS                       0                        0          508                                 N         Full/Alternative
PLAINFIELD                         0                        0          669          WAL                    N         Stated Income
PLAINFIELD                         0                        0          669          WAL                    N         Stated Income
BROOKLYN PARK                      0                        0          624                                 N         Full/Alternative
BROOKLYN PARK                      0                        0          624                                 N         Full/Alternative
OAKLAND CITY                       0                        0          642                                 N         Full/Alternative
BRITTON                         11.5                    0.125          530                                 N         Full/Alternative
MACHESNEY PARK                     0                        0          576                                 N         Full/Alternative
DETROIT                            0                        0          668                                 N         Stated Income
ELGIN                              0                        0          667          FIC                    Y         Full/Alternative
BENSENVILLE                        0                        0          677                                 N         Stated Income
MIDLAND                            0                        0          689                                 N         Stated Income
CRYSTAL                            0                        0          625                                 N         Full/Alternative
THIEF RIVER FAL                    0                        0          638                                 N         Full/Alternative
SAUK VILLAGE                    10.7                    0.125          615                                 N         Full/Alternative
DETROIT                            0                        0          672                                 N         Stated Income
EVELETH                            0                        0          593                                 N         Full/Alternative
GLENDALE HEIGHT                    0                        0          626                                 N         Full/Alternative
GREENWOOD                       9.99                    0.125          647          WAL                    N         Stated Income
BURNSVILLE                         0                        0          670                                 N         Full/Alternative
ROCKFORD                           0                        0          648          WAL                    N         Full/Alternative
GILBERTSVILLE                      0                        0          580                                 N         Full/Alternative
KOKOMO                             0                        0          595                                 N         Full/Alternative
HUTCHINSON                         0                        0          665                                 N         Full/Alternative
ZIMMERMAN                          0                        0          635                                 N         Full/Alternative
CAMBRIA                            0                        0          675                                 N         Full/Alternative
MAPLE GROVE                        0                        0          645                                 N         Stated Income
STREAMWOOD                       9.4                    0.125          583                                 N         Full/Alternative
CHICAGO                            0                        0          653          WAL                    N         Full/Alternative
MATTESON                           0                        0          618                                 N         Full/Alternative
MINNEAPOLIS                        0                        0          641          WAL                    N         Stated Income
MATTESON                           0                        0          618                                 N         Full/Alternative
SPRING LAKE                      9.5                    0.125          590                                 N         Full/Alternative
OTTAWA                             0                        0          606                                 N         Full/Alternative
SAINT PAUL                         0                        0          656                                 N         Stated Income
CHICAGO                            0                        0          700          WAL                    N         Full/Alternative
CRETE                           8.45                    0.125          643          WAL                    N         Full/Alternative
POPLAR GROVE                       0                        0          698                                 N         Stated Income
BOONVILLE                          0                        0          596                                 N         Full/Alternative
HAZEL CREST                     8.99                    0.125          620                                 N         Full/Alternative
DAWSON                             0                        0          601                                 N         Full/Alternative
UNIVERSITY PARK                    0                        0          665                                 N         Stated Income
JORDAN                             0                        0          633                                 N         Full/Alternative
MAYWOOD                            0                        0          642          WAL                    N         Stated Income
ROCKFORD                           0                        0          609                                 N         Full/Alternative
LITTLE CANADA                      0                        0          649                                 N         Stated Income
DAVIS JUNCTION                     0                        0          638                                 N         Full/Alternative
BUFFALO                            0                        0          604          WAL                    N         Full/Alternative
BOLINGBROOK                        0                        0          661                                 N         Stated Income
CHICAGO                            0                        0          710                                 N         Stated Income
TAYLOR                          9.25                    0.125          595                                 N         Full/Alternative
ATWATER                          9.5                    0.125          592                                 N         Full/Alternative
SOUTH PARIS                        0                        0          728          FIC                    N         Full/Alternative
NEW RICHMOND                       0                        0          651                                 N         Full/Alternative
CHICAGO                         9.99                    0.125          723                                 N         Stated Income
NEW RICHMOND                       0                        0          651                                 N         Full/Alternative
AUBURN HILLS                       0                        0          597                                 N         Full/Alternative
SAUK VILLAGE                     9.3                    0.125          662                                 N         Stated Income
BEAVER DAM                         0                        0          641                                 N         Full/Alternative
LA SALLE                           0                        0          638                                 N         Full/Alternative
DAVISON                            0                        0          619                                 N         Full/Alternative
OXFORD                           8.3                    0.125          662          WAL                    N         Full/Alternative
MINNETONKA                         0                        0          652                                 N         Full/Alternative
NEWBURGH                           0                        0          621                                 N         Full/Alternative
CHICAGO                            0                        0          739                                 N         Stated Income
JOLIET                             0                        0          614                                 N         Full/Alternative
CONCORDIA                        9.7                    0.125          613                                 N         Full/Alternative
SPRINGFIELD                        0                        0          585                                 N         Full/Alternative
MARQUETTE HEIGH                    0                        0          539                                 N         Full/Alternative
FRANKFORT                      10.25                    0.125          589                                 N         Full/Alternative
NASHVILLE                          0                        0          557                                 N         Full/Alternative
MOUNT PROSPECT                     0                        0          563                                 N         Full/Alternative
GRAND PRAIRIE                      0                        0          596                                 N         Full/Alternative
SHERMAN                            0                        0          642                                 N         Full/Alternative
ELDORA                             0                        0          605                                 N         Full/Alternative
MIDLOTHIAN                         0                        0          647                                 N         Full/Alternative
LIBERAL                            0                        0          598                                 N         Full/Alternative
HOUSTON                            0                        0          753                                 N         Full/Alternative
CEDAR RAPIDS                       0                        0          671                                 N         Stated Income
ABILENE                            0                        0          605                                 N         Full/Alternative
KANSAS CITY                      9.2                    0.125          579                                 N         Full/Alternative
TACOMA                             0                        0          564                                 N         Full/Alternative
OSCEOLA                            0                        0          608                                 N         Full/Alternative
GENESEO                            0                        0          605                                 N         Full/Alternative
SEAGOVILLE                         0                        0          555                                 N         Full/Alternative
SEATTLE                            0                        0          660          WAL                    N         Full/Alternative
OLYMPIA                            0                        0          628                                 N         Full/Alternative
NEW ORLEANS                        0                        0          753          WAL                    N         Stated Income
TACOMA                         8.625                    0.125          604                                 N         Full/Alternative
ARLINGTON                          0                        0          793                                 N         Full/Alternative
DALLAS                             0                        0          575                                 N         Full/Alternative
MONROE                             0                        0          618                                 N         Full/Alternative
CEDAR FALLS                        0                        0          526                                 N         Full/Alternative
SHERMAN                            0                        0          595                                 N         Full/Alternative
COMBINE                            0                        0          668          FIC                    N         Full/Alternative
HOUSTON                            0                        0          676                                 N         Full/Alternative
MERIAM                             0                        0          639                                 N         Full/Alternative
BLUE RIDGE                         0                        0          710                                 N         Full/Alternative
KANSAS CITY                      9.6                    0.125          589                                 N         Full/Alternative
SPRINGFIELD                        0                        0          593                                 N         Full/Alternative
HAMILTON                           0                        0          583                                 N         Full/Alternative
CONROE                             0                        0          652                                 N         Full/Alternative
KENNEWICK                       9.35                    0.125          588                                 N         Full/Alternative
KNOXVILLE                          0                        0          617                                 N         Full/Alternative
HUMBLE                             0                        0          641                                 N         Stated Income
WELLINGTON                         0                        0          595                                 N         Full/Alternative
BUTLER                             0                        0          660                                 N         Full/Alternative
SPRINGFIELD                       10                    0.125          533                                 N         Full/Alternative
PANAMA CITY BEA                 9.85                    0.125          550          WAL                    N         Stated Income
SARITA                             0                        0          563                                 N         Full/Alternative
POTTSBORO                          0                        0          582                                 N         Full/Alternative
MASON CITY                         0                        0          617                                 N         Full/Alternative
NICKERSON                          0                        0          577                                 N         Full/Alternative
GRANDVIEW                          0                        0          536                                 N         Full/Alternative
MIRAMAR                         7.55                    0.125          773          WAL                    N         Stated Income
CLEARWATER                      9.25                    0.125          569                                 N         Full/Alternative
LEAVENWORTH                        0                        0          651                                 N         Full/Alternative
INDEPENDENCE                       0                        0          581                                 N         Full/Alternative
BLOOMINGTON                        0                        0          663                                 N         Full/Alternative
INDEPENDENCE                       0                        0          622                                 N         Full/Alternative
WATERLOO                           0                        0          619          FIC                    N         Full/Alternative
SANTA ROSA BEAC                  7.9                    0.125          704          WAL                    N         Stated Income
LARGO                            9.7                    0.125          520          HIG                    N         Full/Alternative
SEARCY                          10.5                    0.125          642                                 N         Stated Income
BEAVERTON                          0                        0          659                                 N         Full/Alternative
GRINNELL                           0                        0          582                                 N         Full/Alternative
SEAGOVILLE                         0                        0          588                                 N         Full/Alternative
BOONVILLE                          0                        0          567                                 N         Full/Alternative
SPRINGDALE                      7.85                    0.125          655          FIC                    N         Full/Alternative
MIDDLETON                          0                        0          554                                 N         Full/Alternative
SAN ANTONIO                        0                        0          714                                 N         Stated Income
EDMOND                           7.6                    0.125          721                                 N         Stated Income
DALLAS                             0                        0          661                                 N         Stated Income
PEARCY                             0                        0          588                                 N         Full/Alternative
FORT WORTH                         0                        0          596          HIG                    N         Full/Alternative
CEDAR HILL                         0                        0          634                                 N         Full/Alternative
HOUSTON                            0                        0          668                                 N         Stated Income
MEMPHIS                            0                        0          651                                 N         Full/Alternative
TYLER                              0                        0          584                                 N         Full/Alternative
BENTON                             0                        0          628                                 N         Full/Alternative
NORTH LITTLE RO                    0                        0          636                                 N         Full/Alternative
WYLIE                              0                        0          606                                 N         Full/Alternative
HOUSTON                            0                        0          631                                 N         Full/Alternative
LITTLETON                          0                        0          662                                 N         Stated Income
DENTON                             0                        0          591                                 N         Full/Alternative
ATHENS                             0                        0          587                                 N         Full/Alternative
GRAND PRAIRIE                      0                        0          661                                 N         Stated Income
ARLINGTON                          0                        0          666                                 N         Full/Alternative
GRAND PRAIRIE                      0                        0          650                                 N         Full/Alternative
CHILDRESS                          0                        0          588                                 N         Full/Alternative
CARROLLTON                         0                        0          583                                 N         Full/Alternative
ARLINGTON                          0                        0          586                                 N         Full/Alternative
PROVIDENCE VILL                    0                        0          635                                 N         Full/Alternative
PROVIDENCE VILL                    0                        0          635                                 N         Full/Alternative
SEVIERVILLE                        0                        0          715          WAL                    N         Stated Income
FRESNO                             0                        0          642                                 N         Full/Alternative
DESOTO                             0                        0          630                                 N         Full/Alternative
SOUTH HAVEN                     9.35                    0.125          622                                 N         Full/Alternative
BURRTON                         9.55                    0.125          595                                 N         Full/Alternative
SAN JACINTO                        0                        0          556          HIG                    N         Full/Alternative
PERU                           10.05                    0.125          580                                 N         Full/Alternative
ATLANTA                         8.95                    0.125          694          WAL                    N         Stated Income
GAINESVILLE                        0                        0          629                                 N         Full/Alternative
ALBUQUERQUE                      7.2                    0.125          651                                 N         Full/Alternative
CITY NAME                          0                        0          592                                 N         Full/Alternative
SOLDIER                            0                        0          701                                 N         Full/Alternative
DODGE CITY                       9.5                    0.125          602                                 N         Full/Alternative
BRANSON                         9.95                    0.125          642          WAL                    N         Stated Income
ALLEN                           8.99                    0.125          599                                 N         Full/Alternative
ALTO PASS                       9.95                    0.125          614                                 N         Full/Alternative
ARLINGTON                          0                        0          580                                 N         Full/Alternative
FORT WORTH                    10.075                    0.125          695          WAL                    N         Full/Alternative
SIKESTON                           0                        0          630                                 N         Full/Alternative
CONVERSE                         9.9                    0.125          611                                 N         Full/Alternative
THE DALLES                         0                        0          611                                 N         Full/Alternative
HUMBLE                             0                        0          636                                 N         Full/Alternative
KELSO                              0                        0          629                                 N         Full/Alternative
BATESVILLE                         0                        0          587                                 N         Full/Alternative
GUN BARREL CITY                    0                        0          552                                 N         Full/Alternative
ERIE                               0                        0          578                                 N         Full/Alternative
WATERLOO                           0                        0          630                                 N         Full/Alternative
VILLAGE MILLS                      0                        0          609                                 N         Full/Alternative
IOWA CITY                          0                        0          786                                 N         Full/Alternative
SHREWSBURY                         0                        0          655                                 N         Full/Alternative
GILMER                             0                        0          583                                 N         Full/Alternative
LITTLE ROCK                        0                        0          689                                 N         Full/Alternative
COLLEGE STATION                    0                        0          620                                 N         Full/Alternative
TRENTON                            0                        0          584                                 N         Full/Alternative
DIBOLL                             0                        0          582          HIG                    N         Full/Alternative
OMAHA                              0                        0          640                                 N         Full/Alternative
PERRYVILLE                         0                        0          644                                 N         Stated Income
COVINGTON                          0                        0          580                                 N         Full/Alternative
CARSON                             0                        0          644                                 N         Full/Alternative
GRANDVIEW                        9.5                    0.125          563                                 N         Stated Income
LEBANON                            0                        0          654                                 N         Full/Alternative
DALLAS                             0                        0          802          WAL                    N         Full/Alternative
OLYMPIA                            0                        0          628                                 N         Full/Alternative
ALFORD                             0                        0          610          WAL                    N         Full/Alternative
BARTLESVILLE                    9.65                    0.125          637                                 N         Full/Alternative
OSAWATOMIE                         0                        0          640                                 N         Full/Alternative
FRANKFORT                      9.975                    0.125          616          FIC                    N         Full/Alternative
PROSSER                            0                        0          680                                 N         Full/Alternative
MINGO                              0                        0          584                                 N         Full/Alternative
THE WOODLANDS                      0                        0          713                                 N         Full/Alternative
WICHITA                         9.85                    0.125          616                                 N         Full/Alternative
WINFIELD                        9.55                    0.125          630                                 N         Full/Alternative
MEMPHIS                         9.95                    0.125          660                                 N         Stated Income
KANSAS CITY                        0                        0          534                                 N         Stated Income
FORT WORTH                         0                        0          591                                 N         Full/Alternative
N. RICHLAND HIL                    0                        0          583                                 N         Full/Alternative
FORT LAUDERDALE                    0                        0          651          WAL                    N         Stated Income
HOUSTON                            0                        0          550                                 N         Full/Alternative
GAINESVILLE                        0                        0          549                                 N         Full/Alternative
FORT LAUDERDALE                    0                        0          651          WAL                    N         Stated Income
FRANKFORT                       9.55                    0.125          620                                 N         Full/Alternative
OSAWATOMIE                         0                        0          786                                 N         Stated Income
ROWLETT                            0                        0          598                                 N         Full/Alternative
LACY LAKEVIEW                      0                        0          587          WAL                    N         Full/Alternative
KANSAS CITY                        0                        0          643                                 N         Full/Alternative
SAN ANTONIO                        0                        0          633                                 N         Full/Alternative
SALEM                              0                        0          606          WAL                    N         Full/Alternative
WASHINGTON                         0                        0          605                                 N         Full/Alternative
FT LAUDERDALE                      0                        0          623          WAL                    N         Full/Alternative
WICHITA                          8.9                    0.125          712                                 N         Full/Alternative
GLENN HEIGHTS                      0                        0          660                                 N         Full/Alternative
CADDO MILLS                        0                        0          668                                 N         Full/Alternative
OKLAHOMA CITY                      0                        0          665          WAL                    N         Full/Alternative
OKLAHOMA CITY                      0                        0          665          WAL                    N         Full/Alternative
ALVARADO                           0                        0          617                                 N         Full/Alternative
ROSENBERG                          0                        0          624                                 N         Full/Alternative
CORDOVA                         7.99                    0.125          653                                 N         Stated Income
BOSSIER CITY                       0                        0          581                                 N         Full/Alternative
FATE                             5.5                    0.125          596                                 N         Full/Alternative
MEMPHIS                            0                        0          693                                 N         Stated Income
DALLAS                             0                        0          606          WAL                    N         Stated Income
LAMAR                            8.3                    0.125          545                                 N         Full/Alternative
EULESS                          8.65                    0.125          605                                 N         Full/Alternative
FORT WORTH                         0                        0          605                                 N         Full/Alternative
CECILIA                         9.99                    0.125          603                                 N         Full/Alternative
CROWLEY                         7.95                    0.125          607                                 N         Full/Alternative
LAS VEGAS                       7.65                    0.125          640                                 N         Stated Income
CROWLEY                            0                        0          607                                 N         Full/Alternative
BATON ROUGE                        0                        0          582                                 N         Full/Alternative
EL PASO                          8.6                    0.125          693                                 N         Stated Income
KATY                               0                        0          670          WAL                    N         Full/Alternative
LAKE WORTH                         0                        0          591                                 N         Full/Alternative
GARLAND                        10.35                    0.125          572                                 N         Full/Alternative
ANTIOCH                          6.9                    0.125          663                                 N         Full/Alternative
ANTIOCH                            0                        0          663                                 N         Full/Alternative
GARLAND                            0                        0          594                                 N         Stated Income
ALLEN                              0                        0          649          WAL                    N         Full/Alternative
ALLEN                              0                        0          649          WAL                    N         Full/Alternative
HARRAH                             0                        0          606                                 N         Full/Alternative
EL PASO COUNTY                  8.75                    0.125          657                                 N         Stated Income
TULSA                            9.3                    0.125          613                                 N         Full/Alternative
DALLAS                          9.65                    0.125          595                                 N         Full/Alternative
FATE                               0                        0          627                                 N         Full/Alternative
DALLAS                          8.55                    0.125          612                                 N         Full/Alternative
LEWISVILLE                       9.1                    0.125          592                                 N         Stated Income
FORT WORTH                         0                        0          612                                 N         Full/Alternative
SAN ANTONIO                      8.7                    0.125          599                                 N         Full/Alternative
EL PASO                            0                        0          611                                 N         Full/Alternative
MCKINNEY                           0                        0          634          HIG                    N         Full/Alternative
DENVER                          7.99                    0.125          668                                 N         Full/Alternative
TUPELO                             0                        0          652                                 N         Full/Alternative
AZLE                               0                        0          653          WAL                    N         Full/Alternative
ROCKWALL                           0                        0          520                                 N         Full/Alternative
KATY                               0                        0          637                                 N         Full/Alternative
FORT WORTH                      8.39                    0.125          604                                 N         Full/Alternative
RICHMOND                           0                        0          608                                 N         Full/Alternative
MEMPHIS                            0                        0          597                                 N         Full/Alternative
DERBY                           9.65                    0.125          561          HIG                    N         Full/Alternative
CABOT                              0                        0          591                                 N         Full/Alternative
HOUMA                              0                        0          723                                 N         Full/Alternative
SINTON                             0                        0          580                                 N         Full/Alternative
EL PASO                            0                        0          720                                 N         Stated Income
FORT WORTH                       9.1                    0.125          588                                 N         Full/Alternative
MEMPHIS                            0                        0          673                                 N         Full/Alternative
WOODLAWN                         7.6                    0.125          604                                 N         Full/Alternative
WOODLAWN                           0                        0          604                                 N         Full/Alternative
BROKEN ARROW                       0                        0          625                                 N         Full/Alternative
WICHITA FALLS                      0                        0          634                                 N         Full/Alternative
HUTTO                              0                        0          604                                 N         Full/Alternative
BOLIVAR                            0                        0          627                                 N         Full/Alternative
BOLIVAR                            0                        0          627                                 N         Full/Alternative
GARLAND                            0                        0          547                                 N         Full/Alternative
RICHARDSON                         0                        0          686                                 N         Stated Income
MESQUITE                           0                        0          676                                 N         Full/Alternative
MESQUITE                           0                        0          601                                 N         Full/Alternative
MESQUITE                           0                        0          652                                 N         Stated Income
FORT WORTH                         0                        0          673                                 N         Stated Income
DELIGHT                            0                        0          607                                 N         Full/Alternative
MEMPHIS                            0                        0          650                                 N         Stated Income
WELCH                          10.35                    0.125          600                                 N         Full/Alternative
PARIS                              0                        0          598                                 N         Full/Alternative
FATE                               0                        0          653          WAL                    N         Full/Alternative
SOUTHAVEN                          0                        0          622                                 N         Full/Alternative
FLINT                           9.85                    0.001          618                                 N         Full/Alternative
WHITEHOUSE                         0                        0          640                                 N         Stated Income
GARLAND                            0                        0          612                                 N         Full/Alternative
FATE                               0                        0          598                                 N         Full/Alternative
ALVIN                              0                        0          616                                 N         Full/Alternative
LAREDO                             0                        0          666                                 N         Stated Income
INOLA                              0                        0          602                                 N         Full/Alternative
AZLE                               0                        0          695                                 N         Full/Alternative
MERCEDES                           0                        0          547                                 N         Full/Alternative
ARLINGTON                          0                        0          596                                 N         Full/Alternative
DUMAS                              0                        0          608                                 N         Full/Alternative
WINNSBORO                      10.55                    0.125          545                                 N         Full/Alternative
ARLINGTON                          0                        0          691                                 N         Full/Alternative
SANGER                          8.45                    0.125          690                                 N         Stated Income
SAND SPRINGS                       0                        0          611                                 N         Full/Alternative
ODESSA                             0                        0          583                                 N         Full/Alternative
WYLIE                              0                        0          657                                 N         Full/Alternative
WEATHERFORD                        0                        0          661                                 N         Stated Income
WATAUGA                            0                        0          612                                 N         Full/Alternative
LITTLE ROCK                        0                        0          646                                 N         Stated Income
LEXINGTON                       10.7                    0.125          650                                 N         Stated Income
MESQUITE                           0                        0          623                                 N         Full/Alternative
GRAPEVINE                          0                        0          683          FIC                    N         Full/Alternative
EL PASO                         7.99                    0.125          663                                 N         Stated Income
WOLFFORTH                          0                        0          648                                 N         Stated Income
MOUNDS                             0                        0          598                                 N         Full/Alternative
FORT WORTH                      8.35                    0.125          704                                 N         Stated Income
ALLEN                              0                        0          673                                 N         Stated Income
DALLAS                           9.6                    0.125          584                                 N         Full/Alternative
JACKSON                            0                        0          622                                 N         Full/Alternative
BURNET                          7.65                    0.125          663                                 N         Full/Alternative
FRISCO                          8.65                    0.125          590                                 N         Full/Alternative
OLIVE BRANCH                       0                        0          643                                 N         Full/Alternative
HOUSTON                            0                        0          698                                 N         Stated Income
CEDAR HILL                      9.65                    0.125          596                                 N         Full/Alternative
SEAGOVILLE                         0                        0          628                                 N         Full/Alternative
BOLIVAR                            0                        0          593                                 N         Full/Alternative
TULSA                              0                        0          666                                 N         Full/Alternative
HORIZON CITY                       0                        0          681                                 N         Stated Income
KATY                               0                        0          602                                 N         Full/Alternative
SUNSET                             0                        0          636                                 N         Full/Alternative
CLEBURNE                           0                        0          542          FIC                    N         Full/Alternative
JACKSON                            0                        0          541                                 N         Full/Alternative
SHERMAN                            0                        0          590          HIG                    N         Full/Alternative
CHATTANOOGA                        0                        0          650                                 N         Full/Alternative
FRISCO                             0                        0          628                                 N         Full/Alternative
FORNEY                           8.7                    0.125          581                                 N         Full/Alternative
EL PASO                            0                        0          615                                 N         Full/Alternative
FORT WORTH                         0                        0          638                                 N         Full/Alternative
EL PASO                            0                        0          675                                 N         Full/Alternative
MESQUITE                           0                        0          599          WAL                    N         Full/Alternative
BEAUMONT                           0                        0          658                                 N         Full/Alternative
MEMPHIS                            0                        0          617          WAL                    N         Full/Alternative
FORT WORTH                         0                        0          659                                 N         Full/Alternative
TULSA                              0                        0          654                                 N         Stated Income
CADDO MILLS                        0                        0          632                                 N         Full/Alternative
BURLESON                           0                        0          682                                 N         Stated Income
GRAND PRAIRIE                      0                        0          659                                 N         Stated Income
TULSA                              0                        0          586                                 N         Full/Alternative
ROWLETT                            0                        0          610                                 N         Full/Alternative
HICKORY VALLEY                     0                        0          606          WAL                    N         Full/Alternative
GRANBURY                           0                        0          622          HIG                    N         Full/Alternative
DALLAS                             0                        0          587                                 N         Full/Alternative
PLANO                              0                        0          651                                 N         Full/Alternative
PLANO                              0                        0          651                                 N         Full/Alternative
GRAND PRAIRIE                      0                        0          635                                 N         Full/Alternative
COVINGTON                        9.8                    0.125          581                                 N         Full/Alternative
FORT WORTH                         0                        0          654                                 N         Full/Alternative
EL PASO                         8.35                    0.125          566                                 N         Full/Alternative
LAGO VISTA                         0                        0          667                                 N         Stated Income
BROWNSVILLE                        0                        0          720          WAL                    N         Stated Income
LUBBOCK                            0                        0          646                                 N         Full/Alternative
LUBBOCK                            0                        0          646                                 N         Full/Alternative
ANNA                               0                        0          641                                 N         Full/Alternative
BOLIVAR                            0                        0          597          WAL                    N         Full/Alternative
HUMBOLDT                        9.55                    0.125          638                                 N         Full/Alternative
ALEDO                              0                        0          638          FIC                    N         Full/Alternative
ARLINGTON                          0                        0          664                                 N         Stated Income
COLLIERVILLE                       0                        0          639          FIC                    N         Full/Alternative
BOLIVAR                            0                        0          627          HIG                    N         Full/Alternative
HEARTLAND                          0                        0          589                                 N         Full/Alternative
MIDDLETON                          0                        0          597                                 N         Full/Alternative
FORT WORTH                         0                        0          591                                 N         Full/Alternative
RENOVA                          8.95                    0.125          601                                 N         Full/Alternative
MESQUITE                           0                        0          629                                 N         Full/Alternative
MESQUITE                           0                        0          629                                 N         Full/Alternative
MULVANE                            0                        0          590                                 N         Full/Alternative
WHITWELL                           0                        0          584                                 N         Full/Alternative
HUTCHINSON                         0                        0          612                                 N         Full/Alternative
LEWISVILLE                         0                        0          655                                 N         Full/Alternative
CARROLLTON                         0                        0          599                                 N         Full/Alternative
LOUISVILLE                       9.8                    0.125          590                                 N         Full/Alternative
TULSA                              0                        0          635                                 N         Full/Alternative
HORIZON CITY                       0                        0          629                                 N         Full/Alternative
HORIZON CITY                       0                        0          661                                 N         Full/Alternative
AUSTIN                             0                        0          635                                 N         Full/Alternative
LONGVIEW                           0                        0          592                                 N         Full/Alternative
HOUSTON                            0                        0          644                                 N         Full/Alternative
CANYON LAKE                        0                        0          683                                 N         Stated Income
ABILENE                            0                        0          595                                 N         Full/Alternative
ANAHUAC                            0                        0          571                                 N         Full/Alternative
MIDLAND                            0                        0          598                                 N         Full/Alternative
HOUSTON                            0                        0          584                                 N         Full/Alternative
PASADENA                           0                        0          625                                 N         Full/Alternative
PASADENA                           0                        0          663                                 N         Full/Alternative
HOCKLEY                            0                        0          632                                 N         Full/Alternative
BEAUMONT                           0                        0          580                                 N         Full/Alternative
COLUMBIA                           0                        0          583                                 N         Full/Alternative
AUSTIN                           8.4                    0.125          660                                 N         Stated Income
HOUSTON                          9.6                    0.125          715                                 N         Stated Income
BEAUMONT                           0                        0          603                                 N         Full/Alternative
HOUSTON                          8.9                    0.125          581                                 N         Full/Alternative
PASADENA                           0                        0          580                                 N         Full/Alternative
SAN ANTONIO                        0                        0          646                                 N         Full/Alternative
HOUSTON                            0                        0          669                                 N         Stated Income
HOUSTON                            0                        0          591                                 N         Full/Alternative
DUBLIN                          8.95                    0.125          607                                 N         Full/Alternative
HUMBLE                             0                        0          620                                 N         Full/Alternative
GALENA PARK                        0                        0          616                                 N         Full/Alternative
HOUSTON                            0                        0          649                                 N         Full/Alternative
CYPRESS                          8.7                    0.125          617                                 N         Full/Alternative
HUMBLE                             0                        0          621                                 N         Full/Alternative
SAN ANTONIO                        0                        0          632                                 N         Full/Alternative
MCALLEN                            0                        0          700                                 N         Stated Income
PHARR                              0                        0          665                                 N         Full/Alternative
PHARR                              0                        0          665                                 N         Full/Alternative
AUSTIN                             0                        0          684                                 N         Full/Alternative
AUSTIN                             0                        0          684                                 N         Full/Alternative
KATY                               0                        0          612                                 N         Full/Alternative
LEAGUE CITY                        0                        0          602                                 N         Full/Alternative
WACO                               0                        0          611                                 N         Full/Alternative
MONTGOMERY                         0                        0          591                                 N         Full/Alternative
CROCKETT                           0                        0          644                                 N         Full/Alternative
CROCKETT                           0                        0          644                                 N         Full/Alternative
SAN JUAN                        8.75                    0.125          611                                 N         Full/Alternative
HOUSTON                            0                        0          621                                 N         Full/Alternative
HOUSTON                            0                        0          659                                 N         Full/Alternative
MONTGOMERY                         0                        0          699                                 N         Full/Alternative
RICHMOND                           0                        0          656                                 N         Full/Alternative
MISSOURI CITY                      0                        0          652                                 N         Full/Alternative
SUGAR LAND                         0                        0          616                                 N         Stated Income
KILLEEN                            0                        0          584                                 N         Full/Alternative
MCALLEN                         8.35                    0.125          748          WAL                    N         Stated Income
HOUSTON                            0                        0          586                                 N         Full/Alternative
HITCHCOCK                          0                        0          658                                 N         Full/Alternative
HITCHCOCK                          0                        0          658                                 N         Full/Alternative
SAN ANTONIO                     9.35                    0.125          541                                 N         Full/Alternative
HUFFMAN                            0                        0          650                                 N         Full/Alternative
WHITESBORO                         0                        0          698                                 N         Stated Income
ROUND ROCK                         0                        0          579                                 N         Full/Alternative
LINDALE                          6.9                    0.125          643                                 N         Full/Alternative
HOUSTON                            0                        0          601                                 N         Full/Alternative
HOUSTON                            0                        0          653                                 N         Full/Alternative
HOUSTON                            0                        0          681                                 N         Stated Income
CLEVELAND                          0                        0          646                                 N         Full/Alternative
CLEVELAND                          0                        0          646                                 N         Full/Alternative
ROUND ROCK                      7.75                    0.125          647                                 N         Full/Alternative
HOUSTON                            0                        0          604          HIG                    N         Full/Alternative
AUSTIN                             0                        0          610                                 N         Full/Alternative
EL PASO                            0                        0          663                                 N         Stated Income
PORTER                             0                        0          580                                 N         Stated Income
WAXAHACHIE                         0                        0          677                                 N         Full/Alternative
CYPRESS                          8.9                    0.125          659                                 N         Stated Income
HOUSTON                         8.15                    0.125          681          FIC                    N         Full/Alternative
HOUSTON                            0                        0          681                                 N         Full/Alternative
SILSBEE                            0                        0          594                                 N         Full/Alternative
ROSENBERG                       9.25                    0.125          592                                 N         Full/Alternative
LONGVIEW                           0                        0          586                                 N         Full/Alternative
CANYON LAKE                        0                        0          648                                 N         Stated Income
CEDAR PARK                         0                        0          591          FIC                    N         Full/Alternative
HOUSTON                            0                        0          613                                 N         Full/Alternative
HUMBLE                             0                        0          646                                 N         Stated Income
ORANGE                             0                        0          603                                 N         Full/Alternative
DALLAS                             0                        0          664                                 N         Stated Income
DALLAS                             0                        0          664                                 N         Stated Income
LAREDO                             0                        0          624                                 N         Full/Alternative
SEALY                              0                        0          725                                 N         Stated Income
BAYTOWN                          7.4                    0.125          671                                 N         Full/Alternative
KATY                               0                        0          702                                 N         Stated Income
MISSOURI CITY                      0                        0          610                                 N         Full/Alternative
LA PORTE                           0                        0          620                                 N         Full/Alternative
HUMBLE                             0                        0          610                                 N         Full/Alternative
LEANDER                            0                        0          677                                 N         Stated Income
CYPRESS                            0                        0          685                                 N         Stated Income
HOUSTON                            0                        0          554                                 N         Stated Income
DAYTON                             0                        0          591                                 N         Full/Alternative
THE WOODLANDS                      0                        0          628                                 N         Full/Alternative
BROWNSVILLE                        0                        0          714                                 N         Stated Income
KYLE                               0                        0          609                                 N         Full/Alternative
CORSICANA                          0                        0          647                                 N         Full/Alternative
HUTTO                              0                        0          662                                 N         Full/Alternative
PEARLAND                           0                        0          642                                 N         Full/Alternative
HOUSTON                            0                        0          587          HIG                    N         Full/Alternative
HUMBLE                          7.35                    0.125          694          WAL                    N         Full/Alternative
DICKINSON                          0                        0          606                                 N         Full/Alternative
PEARLAND                           0                        0          682                                 N         Stated Income
PEARLAND                           0                        0          682                                 N         Stated Income
BAYTOWN                         9.65                    0.125          641                                 N         Stated Income
SAGINAW                            0                        0          659                                 N         Full/Alternative
MESQUITE                           0                        0          637                                 N         Full/Alternative
BOLIVAR                            0                        0          633                                 N         Full/Alternative
OTTUMWA                            0                        0          673                                 N         Full/Alternative
MARSHALLTOWN                       0                        0          666                                 N         Full/Alternative
WYLIE                              0                        0          608                                 N         Full/Alternative
HAYS                               0                        0          671                                 N         Full/Alternative
GRINNELL                           0                        0          666          WAL                    N         Full/Alternative
ALLEN                              0                        0          600                                 N         Full/Alternative
IOWA CITY                          0                        0          670                                 N         Stated Income
FREEMONT                           0                        0          625                                 N         Full/Alternative
NORFOLK                            0                        0          631                                 N         Full/Alternative
HOUSTON                            0                        0          662                                 N         Full/Alternative
LUFKIN                             0                        0          619                                 N         Full/Alternative
LEAGUE CITY                        0                        0          659                                 N         Full/Alternative
TYLER                              0                        0          525          B                      N         Full/Alternative
KANSAS CITY                        0                        0          643                                 N         Full/Alternative
SOUTH HOUSTON                   9.75                    0.125          660                                 N         Full/Alternative
LAREDO                             0                        0          645                                 N         Full/Alternative
HOUSTON                         8.99                    0.125          588                                 N         Full/Alternative
SUGAR LAND                         0                        0          648          WAL                    N         Full/Alternative
HOUSTON                            0                        0          662                                 N         Full/Alternative
HOUSTON                            0                        0          590                                 N         Full/Alternative
CROSBY                             0                        0          645          WAL                    N         Stated Income
HOUSTON                            0                        0          686                                 N         Stated Income
HIGHLANDS                          0                        0          641                                 N         Full/Alternative
HOUSTON                            0                        0          656                                 N         Stated Income
VIDOR                            9.6                    0.125          597                                 N         Full/Alternative
HOUSTON                            0                        0          582                                 N         Full/Alternative
LAKE CHARLES                       0                        0          608                                 N         Full/Alternative
LUMBERTON                          0                        0          653                                 N         Full/Alternative
SAN JUAN                           0                        0          608                                 N         Full/Alternative
WACO                               0                        0          643          WAL                    N         Stated Income
KARNACK                            0                        0          657          WAL                    N         Full/Alternative
HORIZON                            0                        0          726                                 N         Stated Income
HOUSTON                            0                        0          654                                 N         Stated Income
CEDAR PARK                         0                        0          687                                 N         Stated Income
HOUSTON                            0                        0          592                                 N         Full/Alternative
BAYTOWN                            0                        0          541                                 N         Full/Alternative
CHANNELVIEW                     11.6                    0.125          545                                 N         Full/Alternative
SAN ANTONIO                        0                        0          648                                 N         Stated Income
MANOR                              0                        0          677                                 N         Stated Income
FORT WORTH                         0                        0          634          WAL                    N         Full/Alternative
LEAGUE CITY                        0                        0          637                                 N         Full/Alternative
SILSBEE                            0                        0          668                                 N         Stated Income
SAN JUAN                           0                        0          673                                 N         Stated Income
WILLIS                             0                        0          615                                 N         Full/Alternative
HEMPSTEAD                          0                        0          625                                 N         Full/Alternative
SAN ANTONIO                        0                        0          640                                 N         Full/Alternative
HUMBLE                             0                        0          597                                 N         Full/Alternative
HOUSTON                            0                        0          604                                 N         Full/Alternative
HUMBLE                             0                        0          644                                 N         Full/Alternative
RIO GRANDE CITY                    0                        0          673                                 N         Full/Alternative
LYTLE                              0                        0          546                                 N         Full/Alternative
HOUSTON                            0                        0          586                                 N         Full/Alternative
TOMBALL                            0                        0          643                                 N         Full/Alternative
RICHMOND                           0                        0          611                                 N         Full/Alternative
AUSTIN                             0                        0          643                                 N         Stated Income
BROWNSVILLE                        0                        0          588                                 N         Full/Alternative
HOUSTON                            0                        0          583                                 N         Full/Alternative
CROSBY                             0                        0          646          FIC                    N         Full/Alternative
HOUSTON                            0                        0          591                                 N         Full/Alternative
VICTORIA                           0                        0          631                                 N         Full/Alternative
SAN ANTONIO                        0                        0          646                                 N         Stated Income
SAN ANTONIO                        0                        0          646                                 N         Stated Income
ROSENBERG                          0                        0          596                                 N         Full/Alternative
BROWNSVILLE                        0                        0          597                                 N         Full/Alternative
HOUSTON                            0                        0          627                                 N         Full/Alternative
SAN JUAN                           0                        0          612                                 N         Full/Alternative
NEW CANEY                          0                        0          651                                 N         Stated Income
HOUSTON                            0                        0          634                                 N         Full/Alternative
HOUSTON                            0                        0          592                                 N         Full/Alternative
BAYTOWN                            0                        0          660          WAL                    N         Stated Income
BROWNSVILLE                        0                        0          566          MAI                    N         Full/Alternative
LA PORTE                           0                        0          591                                 N         Full/Alternative
LEWISVILLE                         0                        0          580                                 N         Full/Alternative
HORIZON                            0                        0          697                                 N         Stated Income
HOUSTON                            0                        0          585                                 N         Full/Alternative
HOUSTON                            0                        0          613                                 N         Full/Alternative
VICTORIA                           0                        0          655                                 N         Full/Alternative
HOUSTON                            0                        0          604                                 N         Full/Alternative
HOUSTON                            0                        0          691                                 N         Full/Alternative
MAGNOLIA                           0                        0          598                                 N         Full/Alternative
AUSTIN                             0                        0          679                                 N         Stated Income
HOUSTON                            0                        0          653                                 N         Stated Income
AUSTIN                             0                        0          628                                 N         Full/Alternative
AUSTIN                             0                        0          628                                 N         Full/Alternative
SPRING                             0                        0          589                                 N         Full/Alternative
HOUSTON                            0                        0          698                                 N         Stated Income
SPRING                             0                        0          691                                 N         Stated Income
HOUSTON                          8.7                    0.125          583                                 N         Full/Alternative
CYPRESS                            0                        0          594                                 N         Full/Alternative
HOUSTON                            0                        0          658                                 N         Full/Alternative
HOUSTON                            0                        0          658                                 N         Full/Alternative
SPRING                             0                        0          640                                 N         Stated Income
HUMBLE                             0                        0          657          WAL                    N         Full/Alternative
HUMBLE                             0                        0          657          WAL                    N         Full/Alternative
EDINBURG                           0                        0          586                                 N         Full/Alternative
HOUSTON                            0                        0          609                                 N         Full/Alternative
BAYTOWN                            0                        0          682                                 N         Stated Income
HOUSTON                            0                        0          656                                 N         Full/Alternative
DONNA                              0                        0          585                                 N         Full/Alternative
EDINBURG                           0                        0          640                                 N         Stated Income
HOUSTON                            0                        0          623                                 N         Full/Alternative
FRESNO                             0                        0          592                                 N         Full/Alternative
SAN ANTONIO                        0                        0          617          WAL                    N         Full/Alternative
SAN ANTONIO                        0                        0          641                                 N         Stated Income
HOPKINS                            0                        0          611                                 N         Full/Alternative
BAYTOWN                            0                        0          623                                 N         Full/Alternative
KATY                               0                        0          619                                 N         Full/Alternative
PENITAS                            0                        0          613                                 N         Full/Alternative
SEA BROOK                          0                        0          617                                 N         Full/Alternative
PENITAS                            0                        0          613                                 N         Full/Alternative
SAN ANTONIO                        0                        0          603                                 N         Full/Alternative
PFLUGERVILLE                       0                        0          628                                 N         Full/Alternative
PENITAS                            0                        0          592                                 N         Full/Alternative
EDINBURG                           0                        0          656                                 N         Full/Alternative
KINGWOOD                           0                        0          620                                 N         Full/Alternative
SPRING                             0                        0          582                                 N         Full/Alternative
HOUSTON                            0                        0          602                                 N         Full/Alternative
VIDOR                              0                        0          621                                 N         Full/Alternative
WINNIE                             0                        0          670                                 N         Stated Income
GRANADA HILLS                   7.85                    0.125          636                                 N         Full/Alternative
LAKE ELSINORE                      0                        0          662                                 N         Stated Income
GRANADA HILLS                      0                        0          695                                 N         Stated Income
HESPERIA                           0                        0          678                                 N         Stated Income
RESEDA AREA                        0                        0          632          HIG                    N         Full/Alternative
SUN VALLEY                         0                        0          663          FIC                    N         Full/Alternative
MORENO VALLEY                      0                        0          661          HIG                    N         Full/Alternative
SOUTH GATE                         0                        0          642                                 N         Stated Income
LOS ANGELES                      6.5                    0.125          684          WAL                    N         Full/Alternative
RIVERSIDE                          0                        0          621          WAL                    N         Full/Alternative
DESERT HOT SPRI                10.95                    0.125          660                                 N         Stated Income
DESERT HOT SPRI                    0                        0          660                                 N         Stated Income
LA PUENTE                       6.99                    0.125          673                                 N         Stated Income
COSTA MESA                         0                        0          640                                 N         Stated Income
COSTA MESA                         0                        0          640          WAL                    N         Stated Income
LAS VEGAS                          0                        0          750          WAL                    N         Stated Income
SUGARLOAF                          0                        0          652                                 N         Stated Income
REDLANDS                           0                        0          656          WAL                    N         Stated Income
SANTA ANA                          0                        0          705          FIC                    N         Stated Income
SAN BERNARDINO                   7.5                    0.125          639                                 N         Stated Income
HIGHLAND                           0                        0          611                                 N         Full/Alternative
LOS ANGELES                        0                        0          702                                 N         Stated Income
FONTANA                            0                        0          682                                 N         Stated Income
SANTA CRUZ                         0                        0          641          WAL                    N         Full/Alternative
BAKERSFIELD                        0                        0          647                                 N         Stated Income
FONTANA AREA                       0                        0          725                                 N         Stated Income
EL MONTE                           0                        0          695          WAL                    N         Stated Income
WESTMINSTER                        0                        0          657                                 N         Stated Income
FONTANA                            0                        0          618          WAL                    N         Full/Alternative
GARDEN GROVE                       0                        0          752          WAL                    N         Stated Income
MORENO VALLEY                      0                        0          650          WAL                    N         Stated Income
LONG BEACH                         0                        0          666          WAL                    N         Stated Income
RIALTO                             0                        0          641          WAL                    N         Stated Income
NUEVO                            8.6                    0.125          657          WAL                    N         Stated Income
BAKERSFIELD                        0                        0          586                                 N         Full/Alternative
LOS ANGELES                        0                        0          673          WAL                    N         Stated Income
PERRIS                             0                        0          681                                 N         Full/Alternative
ONTARIO                            0                        0          604          HIG                    N         Full/Alternative
RIVERSIDE AREA                     0                        0          644          WAL                    N         Full/Alternative
HESPERIA                           0                        0          681                                 N         Stated Income
ANAHEIM                            0                        0          755                                 N         Stated Income
SANTA ANA                       7.25                    0.125          629                                 N         Full/Alternative
MONROVIA                        8.25                    0.125          642                                 N         Stated Income
CORONA                           6.9                    0.125          667                                 N         Full/Alternative
LOS ANGELES                        0                        0          706          WAL                    N         Stated Income
SANTA ROSA BEAC                 8.99                    0.125          750          WAL                    N         Full/Alternative
LOS ANGELES                     6.85                    0.125          744                                 N         Stated Income
DOWNEY                          6.85                    0.125          699          WAL                    N         Stated Income
RICHMOND                        7.55                    0.125          732                                 N         Stated Income
SAN DIEGO                          0                        0          631          WAL                    N         Full/Alternative
SAN DIEGO                          0                        0          732                                 N         Stated Income
TEMECULA                        9.24                    0.125          642                                 N         Stated Income
CATHEDRAL CITY                     0                        0          642                                 N         Stated Income
HUNTINGTON BEAC                    0                        0          675                                 N         Full/Alternative
HIDDEN HILLS                       0                        0          621                                 N         Full/Alternative
ESCONDIDO                          0                        0          632                                 N         Full/Alternative
DESERT HOT SPRI                    0                        0          661                                 N         Stated Income
HEBER                              0                        0          693                                 N         Stated Income
CHULA VISTA                        0                        0          621                                 N         Full/Alternative
BRAWLEY                            0                        0          644          WAL                    N         Full/Alternative
CONWAY                             0                        0          654          WAL                    N         Full/Alternative
ROCKFORD                           0                        0          644          WAL                    N         Full/Alternative
LOS ANGELES                        0                        0          653                                 N         Stated Income
LOS ANGELES                     7.49                    0.125          658                                 N         Stated Income
LOS ANGELES                        0                        0          658          WAL                    N         Stated Income
CHICAGO                            0                        0          679                                 N         Full/Alternative
NORTHRIDGE AREA                    0                        0          636          WAL                    N         Full/Alternative
SANTA ANA                          0                        0          652          WAL                    N         Stated Income
APPLE VALLEY AR                    0                        0          675                                 N         Stated Income
LAKEPORT                       6.625                    0.125          702                                 N         Stated Income
SURPRISE                           0                        0          641                                 N         Stated Income
BAKERSFIELD                        0                        0          702          HIG                    N         Stated Income
BLOOMINGTON ARE                    0                        0          710          WAL                    N         Stated Income
ANAHEIM                            0                        0          646          WAL                    N         Full/Alternative
SAN DIEGO                          0                        0          651                                 N         Full/Alternative
APPLE VALLEY                       0                        0          647                                 N         Full/Alternative
OCEANSIDE                        8.6                    0.125          673                                 N         Stated Income
YUBA CITY                          0                        0          610                                 N         Full/Alternative
SUN CITY                           0                        0          642                                 N         Full/Alternative
CARLSBAD                           0                        0          580                                 N         Full/Alternative
SAN DIEGO                          0                        0          696                                 N         Full/Alternative
SAN YSIDRO                         0                        0          807                                 N         Full/Alternative
MURRIETA                           0                        0          667          HIG                    N         Stated Income
SAN DIEGO                          0                        0          553                                 N         Stated Income
EL CAJON                           0                        0          643                                 N         Full/Alternative
EL CAJON                           0                        0          643                                 N         Full/Alternative
SAN DIEGO                        8.3                    0.125          643                                 N         Stated Income
SAN DIEGO                          0                        0          717          HIG                    N         Stated Income
SHASTA LAKE                        0                        0          730          FIC                    N         Full/Alternative
PALM DESERT                        0                        0          632                                 N         Full/Alternative
OCEANSIDE                          0                        0          722                                 N         Stated Income
YUCAIPA                            0                        0          673                                 N         Full/Alternative
ORANGEVALE                         0                        0          613                                 N         Full/Alternative
OLIVEHURST                         0                        0          591                                 N         Full/Alternative
RANCHO MURIETA                     0                        0          657          WAL                    N         Full/Alternative
SAN DIEGO                          0                        0          642          WAL                    N         Stated Income
MURRIETA                           0                        0          604                                 N         Full/Alternative
HEBER                              0                        0          585                                 N         Full/Alternative
ORANGE                          9.49                    0.125          608          WAL                    N         Stated Income
SAN DIEGO                          0                        0          660                                 N         Full/Alternative
VIRGINIA CITY H                    0                        0          689          WAL                    N         Stated Income
RANCHO MIRAGE                      0                        0          721          WAL                    N         Full/Alternative
SAN JACINTO                        0                        0          711          WAL                    N         Full/Alternative
THOUSAND OAKS                      0                        0          676          WAL                    N         Full/Alternative
NORTH HIGHLANDS                    0                        0          579                                 N         Full/Alternative
SAN DIEGO                      7.875                    0.125          658                                 N         Stated Income
HEBER                              0                        0          609          FIC                    N         Full/Alternative
SAN DIEGO                          0                        0          756                                 N         Stated Income
SAN LORENZO                        0                        0          644          WAL                    N         Stated Income
COUPEVILLE                         0                        0          641          WAL                    N         Full/Alternative
LA QUINTA                          0                        0          781          WAL                    N         Full/Alternative
BENICIA                            0                        0          648          WAL                    N         Full/Alternative
SACRAMENTO                         0                        0          596          WAL                    N         Full/Alternative
SAN DIEGO                        7.1                    0.125          719                                 N         Stated Income
SOLANA BEACH                       0                        0          614          WAL                    N         Stated Income
HEMET                              0                        0          642          WAL                    N         Full/Alternative
ALISO VIEJO                      6.6                    0.125          717          WAL                    N         Full/Alternative
MENIFEE                         8.95                    0.125          644                                 N         Stated Income
MENIFEE                            0                        0          644          WAL                    N         Stated Income
INDIO                              0                        0          544          WAL                    N         Full/Alternative
SALINAS                            0                        0          770          WAL                    N         Full/Alternative
CHULA VISTA                      7.7                    0.125          601          WAL                    N         Full/Alternative
BERKELEY                        9.59                    0.125          523                                 N         Full/Alternative
3443 MADISON AV                 6.75                    0.125          798                                 N         Stated Income
SACRAMENTO                         0                        0          742                                 N         Stated Income
SAN JOSE                         8.3                    0.125          719                                 N         Stated Income
IMPERIAL BEACH                     0                        0          743                                 N         Full/Alternative
RIVERSIDE                        6.5                    0.125          726                                 N         Full/Alternative
SAN JOSE                           0                        0          655                                 N         Full/Alternative
SALIDA                             0                        0          613          FIC                    N         Full/Alternative
SAN DIEGO                          0                        0          665          WAL                    N         Full/Alternative
OAKDALE                          7.6                    0.125          707                                 N         Stated Income
MATHER                             0                        0          592          FIC                    N         Full/Alternative
SACRAMENTO                       7.8                    0.125          748                                 N         Stated Income
LINCOLN                         7.55                    0.125          737                                 N         Full/Alternative
SOLANA BEACH                       0                        0          584          FIC                    N         Full/Alternative
STOCKTON                        9.59                    0.125          646                                 N         Stated Income
SAN DIEGO                       7.75                    0.125          607                                 N         Full/Alternative
SAN JOSE                       7.875                    0.125          677                                 N         Stated Income
CHULA VISTA                     6.85                    0.125          670          WAL                    N         Full/Alternative
CHULA VISTA                        0                        0          670          WAL                    N         Full/Alternative
SAN JOSE                        7.55                    0.125          683                                 N         Full/Alternative
SAN JOSE                           0                        0          683          WAL                    N         Full/Alternative
ANTIOCH                         6.55                    0.125          688                                 N         Stated Income
HEBER                          7.565                    0.125          616                                 N         Full/Alternative
LAKESIDE                           0                        0          583                                 N         Full/Alternative
SIMI VALLEY                     6.75                    0.125          693                                 N         Stated Income
HOFFMAN ESTATES                    0                        0          654                                 N         Full/Alternative
DETROIT                            0                        0          650          WAL                    N         Stated Income
MENAHGA                            0                        0          607                                 N         Full/Alternative
DEKALB                             0                        0          610                                 N         Full/Alternative
LOCKPORT                           0                        0          635                                 N         Full/Alternative
OSWEGO                             0                        0          662          WAL                    N         Full/Alternative
HOUSTON                            0                        0          645                                 N         Full/Alternative
GALVA                              0                        0          636                                 N         Full/Alternative
IOLA                               0                        0          669                                 N         Full/Alternative
COLLEGE STATION                    0                        0          620                                 N         Full/Alternative
STANTON                          9.5                    0.125          656                                 N         Stated Income
DIAMOND BAR                        0                        0          698                                 N         Stated Income
LAGUNA NIGUEL                   7.99                    0.125          781                                 N         Stated Income
MORENO VALLEY                  7.875                    0.125          628                                 N         Full/Alternative
ANAHEIM                         8.25                    0.125          605                                 N         Full/Alternative
ONTARIO                         7.99                    0.125          650                                 N         Stated Income
PERRIS                           7.6                    0.125          662                                 N         Stated Income
INGLEWOOD                       8.65                    0.125          674                                 N         Stated Income
INGLEWOOD                          0                        0          674                                 N         Stated Income
FONTANA                            0                        0          674                                 N         Stated Income
CORONA                             0                        0          624                                 N         Stated Income
CORONA                         8.875                    0.125          582          FIC                    N         Full/Alternative
CASTAIC                        7.875                    0.125          650                                 N         Full/Alternative
RIALTO                             0                        0          653                                 N         Stated Income
EL CAJON                           0                        0          659          WAL                    N         Stated Income
LA HABRA                           0                        0          649                                 N         Full/Alternative
NORTH HOLLYWOOD                 7.85                    0.125          632                                 N         Stated Income
PACOIMA                         7.35                    0.125          698                                 N         Full/Alternative
PACOIMA                            0                        0          698          WAL                    N         Full/Alternative
SAN BERNARDINO                  7.65                    0.125          621                                 N         Full/Alternative
CORONA                           9.5                    0.125          612                                 N         Full/Alternative
LAKE ELSINORE                   9.75                    0.125          655                                 N         Stated Income
BALTIMORE                          0                        0          609                                 N         Full/Alternative
AURORA                             0                        0          642          WAL                    N         Full/Alternative
AURORA                             0                        0          624                                 N         Full/Alternative
DENVER                             0                        0          603                                 N         Full/Alternative
MONUMENT                        6.99                    0.125          687                                 N         Stated Income
AURORA                             0                        0          601                                 N         Full/Alternative
FARMINGTON                         0                        0          624                                 N         Full/Alternative
STERLING                           0                        0          638                                 N         Full/Alternative
DENVER                             0                        0          664                                 N         Stated Income
COLORADO SPRING                    0                        0          612                                 N         Full/Alternative
AURORA                             0                        0          580                                 N         Full/Alternative
CENTENNIAL                         0                        0          622                                 N         Full/Alternative
DENVER                             0                        0          700                                 N         Stated Income
DENVER                             0                        0          700          WAL                    N         Stated Income
DENVER                             0                        0          675          WAL                    N         Full/Alternative
WESTMINSTER                        0                        0          642          WAL                    N         Stated Income
CARBONDALE                         0                        0          679                                 N         Full/Alternative
CASTLE ROCK                     7.15                    0.125          629          A                      N         Full/Alternative
CASTLE ROCK                        0                        0          629          A                      N         Full/Alternative
DENVER                             0                        0          606          WAL                    N         Full/Alternative
GREENWOOD VILLA                    0                        0          652          WAL                    N         Stated Income
DENVER                             0                        0          652          WAL                    N         Stated Income
DENVER                             0                        0          652          WAL                    N         Stated Income
WESTMINSTER                        0                        0          657                                 N         Stated Income
THORNTON                           0                        0          650          HIG                    N         Full/Alternative
GREELEY                            0                        0          587                                 N         Full/Alternative
LITTLETON                          0                        0          702          HIG                    N         Full/Alternative
FORT LUPTON                        0                        0          632                                 N         Full/Alternative
ENGLEWOOD                       8.99                    0.125          586                                 N         Full/Alternative
DENVER                             0                        0          588                                 N         Full/Alternative
GREELEY                            0                        0          608                                 N         Full/Alternative
ALAMOSA                         7.25                    0.125          659                                 N         Full/Alternative
ALAMOSA                            0                        0          659                                 N         Full/Alternative
CHEYENNE                           0                        0          645                                 N         Stated Income
CASTLE ROCK                        0                        0          640                                 N         Full/Alternative
CARBONDALE                         0                        0          660          WAL                    Y         Full/Alternative
DENVER                             0                        0          607                                 N         Full/Alternative
LAS VEGAS                        8.8                    0.125          635          WAL                    N         Stated Income
GLENROCK                           0                        0          593                                 N         Full/Alternative
EVANS                              0                        0          590                                 N         Full/Alternative
PLAIN CITY                      7.49                    0.125          644                                 N         Full/Alternative
COMMERCE CITY                   6.99                    0.125          620                                 N         Full/Alternative
AURORA                          6.55                    0.125          709          WAL                    N         Full/Alternative
PROVO                            7.9                    0.125          643                                 N         Full/Alternative
BRIGHTON                        7.99                    0.125          659                                 N         Stated Income
AURORA                             0                        0          581                                 N         Full/Alternative
LONGMONT                           0                        0          615                                 N         Full/Alternative
LITTLETON                       8.85                    0.125          564          WAL                    N         Full/Alternative
COLORADO SPRING                    0                        0          538          MAI                    N         Full/Alternative
COMMERCE CITY                  8.925                    0.125          693                                 N         Stated Income
COMMERCE CITY                      0                        0          693                                 N         Stated Income
AURORA                             0                        0          645                                 N         Full/Alternative
DENVER                           7.4                    0.125          670                                 N         Stated Income
COLORADO SPRING                    0                        0          590                                 N         Full/Alternative
THORNTON                         8.5                    0.125          612                                 N         Full/Alternative
COLORADO SPRING                    0                        0          634                                 N         Full/Alternative
AURORA                           9.6                    0.125          602                                 N         Full/Alternative
WESTMINSTER                     7.99                    0.125          641                                 N         Full/Alternative
DENVER                          7.99                    0.125          621                                 N         Full/Alternative
DENVER                         7.725                    0.125          639          WAL                    N         Full/Alternative
NORTH LAS VEGAS                  8.2                    0.125          678                                 N         Stated Income
DENVER                         10.55                    0.125          537                                 N         Stated Income
THORNTON                        8.65                    0.125          701                                 N         Stated Income
SANDY                            7.4                    0.125          653                                 N         Full/Alternative
CASPER                             0                        0          586                                 N         Full/Alternative
COMMERCE CITY                      0                        0          698                                 N         Full/Alternative
TOOELE                          9.55                    0.125          627          FIC                    N         Stated Income
AMERICAN FORK                    9.8                    0.125          652                                 N         Stated Income
HAYDEN                           8.9                    0.125          685                                 N         Stated Income
WOODLAND PARK                   8.95                    0.125          552                                 N         Stated Income
COLORADO SPRING                 8.25                    0.125          720                                 N         Stated Income
BRIGHTON                        7.65                    0.125          690                                 N         Stated Income
CHEYENNE                           0                        0          602                                 N         Full/Alternative
DENVER                             0                        0          600                                 N         Full/Alternative
LONGMONT                           0                        0          714          WAL                    N         Full/Alternative
COLORADO SPRING                    0                        0          618                                 N         Full/Alternative
JOHNSTOWN                          0                        0          581          HIG                    N         Full/Alternative
CAPE CORAL                       8.7                    0.125          700          WAL                    N         Stated Income
COMMERCE CITY                   7.95                    0.125          660                                 N         Stated Income
YORBA LINDA                        0                        0          746                                 N         Full/Alternative
LAKEVILLE                       8.45                    0.125          598                                 N         Full/Alternative
WESTMINSTER                     9.15                    0.125          625                                 N         Stated Income
NORFOLK                         9.85                    0.125          622                                 N         Stated Income
CHANNAHON                      7.375                    0.125          654                                 N         Full/Alternative
RED LION                           0                        0          633                                 N         Full/Alternative
MINNEAPOLIS                        0                        0          635                                 N         Full/Alternative
DETROIT                            0                        0          755          FIC                    N         Stated Income
URBANA                         8.625                    0.125          628                                 N         Full/Alternative
ALEDO                              0                        0          664                                 N         Full/Alternative
DETROIT                            0                        0          650          WAL                    N         Stated Income
HAMMOND                            0                        0          669                                 N         Stated Income
ADRIAN                             0                        0          649                                 N         Full/Alternative
OAK FOREST                      9.49                    0.125          605          HIG                    N         Full/Alternative
FORT BRANCH                        0                        0          585                                 N         Full/Alternative
HOPKINSVILLE                     9.7                    0.125          586                                 N         Full/Alternative
CHICAGO                          7.8                    0.125          710          WAL                    N         Stated Income
DOLTON                             0                        0          589                                 N         Full/Alternative
HENDERSON                          0                        0          611                                 N         Full/Alternative
RIVERSIDE                        7.4                    0.125          632                                 N         Full/Alternative
PACOIMA                         7.25                    0.125          734                                 N         Stated Income
FONTANA                         6.99                    0.125          673                                 N         Stated Income
BANNING                         7.55                    0.125          648                                 N         Full/Alternative
BANNING                            0                        0          648                                 N         Full/Alternative
ADELANTO                           8                    0.125          672                                 N         Stated Income
ANAHEIM                         7.99                    0.125          694                                 N         Stated Income
CORONA                          7.05                    0.125          705                                 N         Full/Alternative
COMPTON                          8.5                    0.125          617                                 N         Full/Alternative
HELENDALE AREA                   6.5                    0.125          622                                 N         Full/Alternative
HESPERIA                           8                    0.125          663                                 N         Stated Income
ANAHEIM                          6.3                    0.125          734          WAL                    N         Full/Alternative
(SAUGUS AREA) L                    0                        0          772          WAL                    N         Stated Income
ANAHEIM                         8.99                    0.001          606                                 N         Stated Income
ELMWOOD                         7.99                    0.125          672                                 N         Stated Income
PERRIS                          8.49                    0.125          649                                 N         Stated Income
LOS ANGELES                    7.375                    0.125          758                                 N         Stated Income
RIALTO                           8.9                    0.125          661                                 N         Stated Income
ORANGE (CITY)                   7.25                    0.125          744                                 N         Full/Alternative
SANTA ANA                       8.99                    0.125          654                                 N         Stated Income
ORANGE                          7.75                    0.125          679                                 N         Stated Income
AURORA                           7.5                    0.125          693                                 N         Stated Income
FONTANA AREA                    8.75                    0.125          653                                 N         Full/Alternative
WINNETKA AREA                    6.9                    0.125          706                                 N         Full/Alternative
BELLFLOWER                      8.25                    0.125          670                                 N         Stated Income
POMONA                          9.35                    0.125          668                                 N         Stated Income
MURRIETA                         7.7                    0.125          670                                 N         Full/Alternative
LAKE FOREST                        0                        0          764          WAL                    N         Stated Income
WEST COVINA                      7.1                    0.125          628                                 N         Full/Alternative
FONTANA                         8.65                    0.125          683                                 N         Stated Income
PARAMOUNT                        8.2                    0.125          682                                 N         Stated Income
ANTIOCH                            0                        0          668                                 N         Full/Alternative
SANTA ANA                        7.5                    0.125          704                                 N         Stated Income
WESTMINSTER                     7.15                    0.125          600          FIC                    N         Full/Alternative
SUISUN CITY                        0                        0          661                                 N         Stated Income
FONTANA                            0                        0          661                                 N         Full/Alternative
HEMET                            7.5                    0.125          692          WAL                    N         Full/Alternative
LINDEN                             0                        0          642          WAL                    N         Full/Alternative
LOS ANGELES                     7.65                    0.125          672                                 N         Stated Income
LADERA RANCH AR                  7.5                    0.125          684                                 N         Stated Income
RIVERSIDE                       7.75                    0.125          620                                 N         Full/Alternative
ANAHEIM                        8.125                    0.125          619                                 N         Full/Alternative
MORENO VALLEY                    8.2                    0.125          689          WAL                    N         Stated Income
MORENO VALLEY                  6.825                    0.125          611          WAL                    N         Full/Alternative
OAKLAND                            0                        0          666                                 N         Stated Income
ORANGE                          6.75                    0.125          681                                 N         Stated Income
HIGHLAND AREA                   7.99                    0.125          683                                 N         Stated Income
SANTA ANA                       6.99                    0.125          723                                 N         Stated Income
BAKERSFIELD                     7.99                    0.125          631                                 N         Full/Alternative
GRAND TERRACE                    7.7                    0.125          599                                 N         Full/Alternative
SANTA ANA                       8.99                    0.125          640                                 N         Stated Income
RIALTO                           7.5                    0.125          765                                 N         Stated Income
SAN BERNARDINO                  8.95                    0.125          672                                 N         Stated Income
GARDEN GROVE                       0                        0          720                                 N         Stated Income
GARDENA                            0                        0          553          WAL                    N         Full/Alternative
SANTA ANA                          0                        0          708          WAL                    N         Stated Income
SANTA ANA                          7                    0.125          709                                 N         Stated Income
LOS ANGELES                        0                        0          618                                 N         Full/Alternative
NORWALK                        7.875                    0.125          671                                 N         Stated Income
BEAUMONT                        8.99                    0.125          622                                 N         Full/Alternative
SOUTH GATE                         0                        0          631          HIG                    N         Full/Alternative
SANTA ANA                       7.25                    0.125          650          WAL                    N         Stated Income
SANTA ANA                       7.99                    0.125          689                                 N         Stated Income
RIALTO                           6.9                    0.125          736                                 N         Full/Alternative
RIVERSIDE                       8.75                    0.125          687                                 N         Stated Income
PERRIS                             0                        0          701          WAL                    N         Stated Income
ANAHEIM                         7.95                    0.125          650                                 N         Stated Income
SANTA CLARITA                   7.35                    0.125          680                                 N         Stated Income
SAN FERNANDO                       7                    0.125          718                                 N         Full/Alternative
ANAHEIM                         7.89                    0.125          660                                 N         Stated Income
SARATOGA SPRING                  7.8                    0.125          658                                 N         Stated Income
CHICAGO                         9.95                    0.125          666                                 N         Stated Income
HOUSTON                            0                        0          643          WAL                    Y         Stated Income
SAN ANTONIO                        0                        0          643                                 N         Full/Alternative
HOUSTON                            0                        0          668                                 N         Stated Income
CROSBY                             0                        0          674                                 N         Full/Alternative
HOUSTON                            0                        0          641                                 N         Stated Income
HUTTO                              0                        0          621          WAL                    N         Full/Alternative
HI HAT                          9.75                    0.125          597                                 N         Full/Alternative
WYLIE                           9.45                    0.125          542                                 N         Full/Alternative
MURFREESBORO                    9.25                    0.125          562                                 N         Full/Alternative
BLUE RIDGE                         0                        0          683                                 N         Full/Alternative
LARGO                              0                        0          638          WAL                    N         Full/Alternative
KINGMAN                        10.05                    0.125          759                                 N         Stated Income
WAMEGO                             0                        0          643                                 N         Full/Alternative
KANSAS CITY                      9.8                    0.125          641          WAL                    N         Stated Income
LEES SUMMIT                     8.69                    0.125          685                                 N         Stated Income
HESPERIA                         9.5                    0.125          723          WAL                    N         Full/Alternative
TOWNSEND                       10.25                    0.125          534                                 N         Full/Alternative
YUBA CITY                          0                        0          608          WAL                    N         Full/Alternative

CITY1                  LOAN_PURP                  OCCTYPE                PROPTYPE                UNITS          SELLER          PREFUND
---------------------------------------------------------------------------------------------------------------------------------------
LONG BEACH             Purchase                   Owner Occupied         Condominium               1             EMC              NO
BIG BEAR CITY          Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
JAMUL                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
JAMUL                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
HENDERSON              Purchase                   Owner Occupied         PUD                       1             EMC              NO
BALDWIN PARK           Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
BONIFAY                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
AVENUE BLOOMING        Purchase                   Owner Occupied         Single Family             1             EMC              NO
AVENUE BLOOMING        Purchase                   Owner Occupied         Single Family             1             EMC              NO
STANTON                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
RIVERSIDE AREA         Cash Out Refinance         Investor               Single Family             1             EMC              NO
APPLE VALLEY           Purchase                   Owner Occupied         Single Family             1             EMC              NO
CANYON COUNTRY         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LAKE ELSINORE          Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAKE ELSINORE          Purchase                   Owner Occupied         Single Family             1             EMC              NO
LOMITA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
RAWLINS                Purchase                   Owner Occupied         Single Family             1             EMC              NO
AURORA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHULA VISTA            Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
SOUTH PLAINFIEL        Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
OAKLEY                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN MARCOS             Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN MARCOS             Purchase                   Owner Occupied         Single Family             1             EMC              NO
TEMECULA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
TEMECULA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
HIGLEY                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
BIG BEAR CITY          Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
SALINAS                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
SALINAS                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
MURRIETA               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
MENIFEE                Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
ALTON                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
CLIFTON                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
EL SOBRANTE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
KELLER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LANCASTER              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PALMDALE               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
EVERETT                Purchase                   Owner Occupied         Condominium               1             EMC              NO
RESEDA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SCOTTSDALE             Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
EL SOBRANTE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
EAST ORANGE            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
FRISCO                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
COSTA MESA             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PUYALLUP               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
COLLIERVILLE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAINT LOUIS            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SEATTLE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SEATTLE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
LOVES PARK             Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
COEUR D ALENE          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SEATAC                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
LOS ANGELES            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BATESVILLE             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DELRAY BEACH           Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
CITY OF UPLAND         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAINT LOUIS            Purchase                   Owner Occupied         2-4 Family                4             EMC              NO
FORT SMITH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Single Family             1             EMC              NO
FONTANA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAMAR                  Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
OXON HILL              Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
FAIRHAVEN              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HYANNIS                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
HUNTINGTON PARK        Purchase                   Owner Occupied         Single Family             1             EMC              NO
CAPE GIRARDEAU         Purchase                   Owner Occupied         Single Family             1             EMC              NO
WYOMING                Purchase                   Owner Occupied         Condominium               1             EMC              NO
BALTIMORE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
BURBANK                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SPOKANE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CLOVIS                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SPRING VALLEY          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MURRIETA               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FLOSSMOOR              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BELVIDERE              Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
PFLUGERVILLE           Purchase                   Owner Occupied         PUD                       1             EMC              NO
GALENA PARK            Purchase                   Owner Occupied         Single Family             1             EMC              NO
COLUMBIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Investor               Condominium               1             EMC              NO
WEST LINN              Purchase                   Owner Occupied         Single Family             1             EMC              NO
TOMBALL                Purchase                   Owner Occupied         PUD                       1             EMC              NO
WEST VALLEY CIT        Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LONG BEACH             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KISSIMMEE              Purchase                   Owner Occupied         PUD                       1             EMC              NO
KATY                   Purchase                   Owner Occupied         PUD                       1             EMC              NO
TAMPA                  Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
YOUNGSTOWN             Purchase                   Owner Occupied         Single Family             1             EMC              NO
PALO                   Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LYNN                   Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
TURRELL                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PEMBROKE PINES         Purchase                   Owner Occupied         PUD                       1             EMC              NO
LITTLETON              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FORT VALLEY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAN BERNARDINO         Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
PHENIX                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
OAK PARK               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
LONG BEACH             Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
WICHITA                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
CORONA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
PUTNAM CT 06260        Cash Out Refinance         Investor               Single Family             1             EMC              NO
WHITTIER AREA          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
QUARTZ HILL ARE        Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Cash Out Refinance         Investor               Single Family             1             EMC              NO
SAN JUAN               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NEWTON                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MAQUOKETA              Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
PRAIRIE CITY           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
EAGLE MOUNTAIN         Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
YORBA LINDA            Cash Out Refinance         Investor               Single Family             1             EMC              NO
INGLEWOOD              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MINDEN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
IOLA                   Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAINT LOUIS            Purchase                   Investor               Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         PUD                       1             EMC              NO
FLORISSANT             Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
ISSAQUAH               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FRESNO                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
REDMOND                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Investor               Condominium               1             EMC              NO
COSTA MESA             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
TEMPE                  Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
CARROLLTON             Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
UNIC AREA OF LA        Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         PUD                       1             EMC              NO
SAINT LOUIS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
OMAHA                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
DAVENPORT              Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
DAVENPORT              Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
LEAVENWORTH            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPANAWAY               Purchase                   Owner Occupied         Single Family             1             EMC              NO
PORT ORCHARD           Purchase                   Owner Occupied         Single Family             1             EMC              NO
POST FALLS             Purchase                   Owner Occupied         Single Family             1             EMC              NO
POST FALLS             Purchase                   Owner Occupied         Single Family             1             EMC              NO
IONA                   Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
POULSBO                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BELLINGHAM             Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPANAWAY               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GERVAIS                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HARRISBURG             Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
HARRISBURG             Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
TACOMA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
VANCOUVER              Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
NORTH LAS VEGAS        Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
NORTH LAS VEGAS        Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
BURLINGTON             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PORT ORCHARD           Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
ONTARIO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
APPLE VALLEY           Purchase                   Owner Occupied         Single Family             1             EMC              NO
120-120 1/2 41S        Purchase                   Owner Occupied         2-4 Family                4             EMC              NO
NORWALK                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
NORWALK                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
CARSON                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
120-120 1/2 41S        Purchase                   Owner Occupied         2-4 Family                4             EMC              NO
LONG BEACH             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WINNETKA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
WINNETKA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
RIVERSIDE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
AREA OF LOS ANG        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LONG BEACH             Purchase                   Owner Occupied         Condominium               1             EMC              NO
REDONDO BEACH          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SURPRISE               Purchase                   Owner Occupied         PUD                       1             EMC              NO
RANCHO CUCAMONG        Purchase                   Owner Occupied         Condominium               1             EMC              NO
ORANGE                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
ORANGE                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
FONTANA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
(STUDIO CITY AR        Purchase                   Owner Occupied         Single Family             1             EMC              NO
PALMDALE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HEMET                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN BERNARDINO         Purchase                   Owner Occupied         Single Family             1             EMC              NO
FONTANA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
LONG BEACH             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
(LA PUENTE AREA        Purchase                   Owner Occupied         Single Family             1             EMC              NO
VAN NUYS AREA L        Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIMAS              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
OXNARD                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
AREA OF HEMET          Purchase                   Owner Occupied         Single Family             1             EMC              NO
HESPERIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
STOCKTON               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LAKEWOOD               Purchase                   Owner Occupied         Single Family             1             EMC              NO
FONTANA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAWNDALE               Purchase                   Owner Occupied         Condominium               1             EMC              NO
CANOGA PARK ARE        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FALLBROOK              Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAS VEGAS              Purchase                   Owner Occupied         PUD                       1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
COMPTON                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
BALDWIN PARK           Purchase                   Owner Occupied         Single Family             1             EMC              NO
CYPRESS                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
COMPTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Condominium               1             EMC              NO
LONG BEACH             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LONG BEACH             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
AREA OF SYLMAR         Purchase                   Owner Occupied         Condominium               1             EMC              NO
CHINO                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
AREA OF BLOOMIN        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
(COMPTON AREA)         Cash Out Refinance         Owner Occupied         2-4 Family                3             EMC              NO
PROVO                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
ADELANTO               Purchase                   Owner Occupied         Single Family             1             EMC              NO
KENNEWICK              Purchase                   Investor               Single Family             1             EMC              NO
PORTLAND               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
COEUR D ALENE          Cash Out Refinance         Investor               Single Family             1             EMC              NO
EATONVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
FEDERAL WAY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PORTLAND               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
RENTON                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SPANAWAY               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPANAWAY               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SEATTLE                Cash Out Refinance         Investor               Single Family             1             EMC              NO
SUMNER                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
LAKE FOREST            Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
MARYSVILLE             Cash Out Refinance         Investor               Single Family             1             EMC              NO
ASHFORD                Purchase                   Owner Occupied         Single Family             1             EMC              NO
RATHDRUM               Purchase                   Owner Occupied         Single Family             1             EMC              NO
ABERDEEN               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MILWAUKIE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
REDMOND                Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
TACOMA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
PUYALLUP               Purchase                   Owner Occupied         Single Family             1             EMC              NO
PUYALLUP               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
KENNEWICK              Purchase                   Investor               Single Family             1             EMC              NO
PORTLAND               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MULWAUKIE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MALAGA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PORT ORCHARD           Purchase                   Owner Occupied         Single Family             1             EMC              NO
BUCKLEY                Purchase                   Owner Occupied         PUD                       1             EMC              NO
BONNEY LAKE            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NAMPA                  Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
TACOMA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
TACOMA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAKEWOOD               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
OLYMPIA                Purchase                   Owner Occupied         PUD                       1             EMC              NO
COEUR D ALENE          Cash Out Refinance         Investor               Single Family             1             EMC              NO
TACOMA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPOKANE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SEATTLE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ABERDEEN               Purchase                   Owner Occupied         Single Family             1             EMC              NO
COVINGTON              Purchase                   Owner Occupied         PUD                       1             EMC              NO
TACOMA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
EUGENE                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
TACOMA                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
PHOENIX                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SUMNER                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
EUGENE                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SEATTLE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
WOODINVILLE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
TACOMA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SHELTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
EVERETT                Purchase                   Owner Occupied         Condominium               1             EMC              NO
PASADENA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SIMI VALLEY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
VICTORVILLE            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PALMDALE               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BUENA PARK             Purchase                   Owner Occupied         PUD                       1             EMC              NO
TRABUCO CANYON         Purchase                   Owner Occupied         Condominium               1             EMC              NO
CHATSWORTH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
CORONA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BELLFLOWER             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Condominium               1             EMC              NO
HAWTHORNE              Purchase                   Investor               Single Family             1             EMC              NO
IRVINE                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
SANTA PAULA            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LAKEWOOD               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ALHAMBRA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SACRAMENTO             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN BERNARDINO         Purchase                   Owner Occupied         Single Family             1             EMC              NO
STOCKTON               Purchase                   Owner Occupied         Single Family             1             EMC              NO
LONG BEACH             Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
KLAMATH FALLS          Purchase                   Owner Occupied         Single Family             1             EMC              NO
BELLINGHAM             Purchase                   Owner Occupied         Condominium               1             EMC              NO
PORTLAND               Purchase                   Owner Occupied         Single Family             1             EMC              NO
PUYALLUP               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
TACOMA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
WASILLA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPOKANE                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WENDELL                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PAYETTE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
TACOMA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SUQUAMISH              Purchase                   Owner Occupied         Single Family             1             EMC              NO
PORTLAND               Purchase                   Owner Occupied         Single Family             1             EMC              NO
TACOMA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
PUYALLUP               Purchase                   Owner Occupied         Condominium               1             EMC              NO
UNIVERSITY PLAC        Purchase                   Owner Occupied         Single Family             1             EMC              NO
COVINGTON              Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
TWIN FALLS             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GIG HARBOR             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SHELTON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PORTLAND               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SPRINGFIELD            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SEDRO WOOLLEY          Purchase                   Owner Occupied         PUD                       1             EMC              NO
REPUBLIC               Purchase                   Owner Occupied         Single Family             1             EMC              NO
ABERDEEN               Purchase                   Owner Occupied         Single Family             1             EMC              NO
OTHELLO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BOTHELL                Purchase                   Owner Occupied         Condominium               1             EMC              NO
SPOKANE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPOKANE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
VALHALLA               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
MONCKS CORNER          Purchase                   Owner Occupied         Single Family             1             EMC              NO
BANGOR                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
TRENTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LANHAM                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
LOWELL                 Purchase                   Investor               Single Family             1             EMC              NO
LOWELL                 Purchase                   Investor               Single Family             1             EMC              NO
CALUMET CITY           Purchase                   Owner Occupied         Single Family             1             EMC              NO
CALUMET CITY           Purchase                   Owner Occupied         Single Family             1             EMC              NO
TOWER CITY             Purchase                   Owner Occupied         Single Family             1             EMC              NO
MARKHAM                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAINT CLAIR SHO        Cash Out Refinance         Investor               Condominium               1             EMC              NO
ATLANTA                Purchase                   Investor               Single Family             1             EMC              NO
MONTICELLO             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NORRIDGE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
BROOKLYN PARK          Purchase                   Owner Occupied         Single Family             1             EMC              NO
DETROIT                Purchase                   Investor               Single Family             1             EMC              NO
DETROIT                Purchase                   Investor               Single Family             1             EMC              NO
CANTON                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BOYNTON BEACH          Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
DECATUR                Purchase                   Owner Occupied         Single Family             1             EMC              NO
GARY                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
GARY                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
HAMPTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ADDISON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
PALATINE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROBBINSDALE            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LITTLE FALLS           Purchase                   Owner Occupied         Single Family             1             EMC              NO
PRINCETON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
BROOKLYN PARK          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BROOKLYN PARK          Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
LAND O LAKES           Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
CHASKA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAINT PAUL             Purchase                   Owner Occupied         Single Family             1             EMC              NO
HANOVER PARK           Purchase                   Owner Occupied         Condominium               1             EMC              NO
BUCKEYE                Purchase                   Owner Occupied         PUD                       1             EMC              NO
KINGMAN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAS VEGAS              Purchase                   Owner Occupied         PUD                       1             EMC              NO
PHOENIX                Purchase                   Owner Occupied         PUD                       1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
DETROIT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHADWICK               Purchase                   Owner Occupied         Single Family             1             EMC              NO
RICHMOND               Purchase                   Owner Occupied         Single Family             1             EMC              NO
NEW BEDFORD            Purchase                   Owner Occupied         Single Family             1             EMC              NO
RICHMOND               Purchase                   Owner Occupied         Single Family             1             EMC              NO
COLUMBIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
BANGOR                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
NASHUA                 Rate/Term Refinance        Owner Occupied         2-4 Family                2             EMC              NO
CHARLOTTE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
DETROIT                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CROWLEY                Purchase                   Owner Occupied         PUD                       1             EMC              NO
MIAMI                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
RIDGELAND              Purchase                   Investor               Single Family             1             EMC              NO
RAILROAD FLAT          Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
LANCASTER              Purchase                   Owner Occupied         Single Family             1             EMC              NO
RIDGELAND              Purchase                   Investor               Single Family             1             EMC              NO
HALSTEAD               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GILBERT                Purchase                   Owner Occupied         PUD                       1             EMC              NO
GILBERT                Purchase                   Owner Occupied         PUD                       1             EMC              NO
DETROIT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BRYAN                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
LITTLE RIVER AC        Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAREDO                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
LAREDO                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
KINGWOOD               Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BAYTOWN                Purchase                   Investor               Single Family             1             EMC              NO
LA PORTE               Purchase                   Owner Occupied         PUD                       1             EMC              NO
BAYTOWN                Purchase                   Investor               Single Family             1             EMC              NO
BACLIFF                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
AUSTIN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
DEER PARK              Purchase                   Owner Occupied         PUD                       1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         PUD                       1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         PUD                       1             EMC              NO
COLUMBIA               Purchase                   Owner Occupied         PUD                       1             EMC              NO
JENKS                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
MONCKS CORNER          Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         PUD                       1             EMC              NO
CARROLLTON             Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
CARROLLTON             Purchase                   Owner Occupied         Single Family             1             EMC              NO
GARLAND                Purchase                   Owner Occupied         Single Family             1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BOLIVAR                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ARLINGTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
DALLAS                 Purchase                   Investor               Single Family             1             EMC              NO
MEMPHIS                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HITCHCOCK              Purchase                   Owner Occupied         Single Family             1             EMC              NO
DESOTO                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
ATHENS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
BOWIE                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
BEDFORD                Purchase                   Owner Occupied         PUD                       1             EMC              NO
DENISON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN MARCOS             Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
CEDAR HILL             Purchase                   Owner Occupied         Single Family             1             EMC              NO
GLENN HEIGHTS          Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
IRVING                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
PRYOR                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROWLETT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BURLESON               Purchase                   Owner Occupied         Single Family             1             EMC              NO
BOWIE                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
BALCH SPRINGS          Purchase                   Owner Occupied         PUD                       1             EMC              NO
BALCH SPRINGS          Purchase                   Owner Occupied         PUD                       1             EMC              NO
MCKINNEY               Purchase                   Owner Occupied         PUD                       1             EMC              NO
DALLAS                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
WICHITA FALLS          Rate/Term Refinance        Investor               Single Family             1             EMC              NO
FORT WORTH             Purchase                   Investor               Single Family             1             EMC              NO
GRAND PRAIRIE          Purchase                   Owner Occupied         Single Family             1             EMC              NO
BOWIE                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
GULFPORT               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MAYNARDVILLE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
VILONIA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         PUD                       1             EMC              NO
VICTORIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
LOWRY CROSSING         Purchase                   Owner Occupied         PUD                       1             EMC              NO
HAYDEN                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
TELEPHONE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRAND PRAIRIE          Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
STANHOPE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
PORT NECHES            Purchase                   Owner Occupied         Single Family             1             EMC              NO
RICHMOND               Purchase                   Owner Occupied         PUD                       1             EMC              NO
DALLAS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
WILLIS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
KYLE                   Purchase                   Owner Occupied         PUD                       1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
HUNTSVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
WILLIS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
KATY                   Purchase                   Owner Occupied         PUD                       1             EMC              NO
HORIZON CITY           Purchase                   Owner Occupied         PUD                       1             EMC              NO
NEW BRAUNFELS          Purchase                   Owner Occupied         PUD                       1             EMC              NO
PASADENA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
LEANDER                Purchase                   Owner Occupied         PUD                       1             EMC              NO
S. OGDEN               Purchase                   Owner Occupied         Single Family             1             EMC              NO
BILLINGS               Purchase                   Owner Occupied         Single Family             1             EMC              NO
TOOELE                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LEHI                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
WEST VALLEY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAINT GEORGE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
COLORADO SPRING        Purchase                   Owner Occupied         PUD                       1             EMC              NO
WALDORF                Purchase                   Owner Occupied         PUD                       1             EMC              NO
OWINGS MILLS           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
GLENDALE HEIGHT        Purchase                   Owner Occupied         Condominium               1             EMC              NO
LA MARQUE              Purchase                   Owner Occupied         PUD                       1             EMC              NO
LAKE JACKSON           Purchase                   Owner Occupied         PUD                       1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SHOREACRES             Purchase                   Owner Occupied         PUD                       1             EMC              NO
EDINBURG               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
MONTGOMERY             Purchase                   Owner Occupied         PUD                       1             EMC              NO
ANGLETON               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
MAGNOLIA               Purchase                   Owner Occupied         PUD                       1             EMC              NO
LEADWOOD               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ST. LOUIS              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LINCOLN                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MILFORD                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAINT LOUIS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
JESUP                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
LEAVENWORTH            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MASON CITY             Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
INDEPENDENCE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ST. LOUIS              Cash Out Refinance         Investor               Single Family             1             EMC              NO
BLAIR                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
DES MOINES             Purchase                   Owner Occupied         Single Family             1             EMC              NO
OMAHA                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
RAYMORE                Purchase                   Owner Occupied         PUD                       1             EMC              NO
SAINT LOUIS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
FREEBURG               Purchase                   Owner Occupied         Single Family             1             EMC              NO
COUNCIL BLUFFS         Purchase                   Owner Occupied         Single Family             1             EMC              NO
OLATHE                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ST. LOUIS              Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
CANTON                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SIBLEY                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAINT LOUIS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
TIFFIN                 Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
LEE'S SUMMIT           Purchase                   Owner Occupied         PUD                       1             EMC              NO
KANSAS CITY            Cash Out Refinance         Investor               Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAINT LOUIS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
COUNCIL BLUFFS         Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAINT LOUIS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
ST. LOUIS              Purchase                   Owner Occupied         Single Family             1             EMC              NO
LEON                   Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
BELLEVUE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
WICHITA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
OMAHA                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
OVERLAND PARK          Purchase                   Owner Occupied         Single Family             1             EMC              NO
HUTCHINSON             Cash Out Refinance         Investor               2-4 Family                2             EMC              NO
BATES CITY             Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
COSBY                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
WENATCHEE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WEST LINN              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BREMERTON              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PORTLAND               Purchase                   Owner Occupied         Condominium               1             EMC              NO
CAMARILLO              Purchase                   Owner Occupied         PUD                       1             EMC              NO
QUARTZ HILL ARE        Purchase                   Owner Occupied         Single Family             1             EMC              NO
CARSON                 Purchase                   Owner Occupied         Condominium               1             EMC              NO
APPLE VALLEY AR        Purchase                   Owner Occupied         Single Family             1             EMC              NO
BUENA PARK             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
QUARTZ HILL ARE        Cash Out Refinance         Investor               Single Family             1             EMC              NO
WILMINGTON AREA        Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Single Family             1             EMC              NO
ADELANTO               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LANCASTER AREA         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NIPOMO                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
CORONA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
VENTURA (AREA O        Purchase                   Owner Occupied         Single Family             1             EMC              NO
NORTHRIDGE AREA        Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
NORTHRIDGE AREA        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WOODLAND HILLS         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
POMONA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
VICTORVILLE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
HEMET                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
MATTAWA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
COEUR D ALENE          Purchase                   Owner Occupied         Single Family             1             EMC              NO
IDAHO FALLS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPOKANE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
EVERETT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPOKANE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
CEDAR RAPIDS           Purchase                   Owner Occupied         Single Family             1             EMC              NO
OVERLAND PARK          Purchase                   Owner Occupied         Single Family             1             EMC              NO
DES MOINES             Purchase                   Owner Occupied         Single Family             1             EMC              NO
MAQUOKETA              Purchase                   Owner Occupied         Single Family             1             EMC              NO
ST. PETERS             Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
GARDNER                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ABBYVILLE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ST. LOUIS              Purchase                   Owner Occupied         Single Family             1             EMC              NO
DES MOINES             Purchase                   Owner Occupied         Single Family             1             EMC              NO
MAQUOKETA              Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
PERRY                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
OVERLAND PARK          Purchase                   Owner Occupied         Condominium               1             EMC              NO
OLATHE                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRANDVIEW              Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
ADAIR                  Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
ASHLAND                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
VIOLA                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GRAIN VALLEY           Purchase                   Owner Occupied         Single Family             1             EMC              NO
MAQUOKETA              Purchase                   Owner Occupied         Single Family             1             EMC              NO
COLORADO SPRING        Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         PUD                       1             EMC              NO
CRESTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
COVINGTON              Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
ELIZABETH CITY         Purchase                   Investor               Single Family             1             EMC              NO
FORT WALTON BEA        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ATLANTA                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
MCHENRY                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HIALEAH                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LITHONIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
ORLANDO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
PORT SAINT LUCI        Purchase                   Owner Occupied         Single Family             1             EMC              NO
CLERMONT               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MIAMI                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Investor               Single Family             1             EMC              NO
NORTH AUGUSTA          Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
ATLANTA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SUNRISE                Purchase                   Investor               Condominium               1             EMC              NO
ATLANTA                Cash Out Refinance         Investor               Single Family             1             EMC              NO
NORTHBROOK             Purchase                   Owner Occupied         Single Family             1             EMC              NO
SNELLVILLE             Purchase                   Owner Occupied         PUD                       1             EMC              NO
CAROL STREAM           Purchase                   Owner Occupied         Condominium               1             EMC              NO
ELLENWOOD              Purchase                   Owner Occupied         Single Family             1             EMC              NO
TAMPA                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
COVINGTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
NEWNAN                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
ELLENWOOD              Purchase                   Owner Occupied         PUD                       1             EMC              NO
ORANGE PARK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
SCOTTSDALE             Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
CASA GRANDE            Purchase                   Owner Occupied         PUD                       1             EMC              NO
PHOENIX                Purchase                   Owner Occupied         PUD                       1             EMC              NO
CASA GRANDE            Purchase                   Owner Occupied         PUD                       1             EMC              NO
QUEEN CREEK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
PHOENIX                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SURPRISE               Purchase                   Owner Occupied         PUD                       1             EMC              NO
TUCSON                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
QUEEN CREEK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
CASA GRANDE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
NORTH LAS VEGAS        Purchase                   Owner Occupied         PUD                       1             EMC              NO
LAS VEGAS              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GOLD CANYON            Purchase                   Owner Occupied         PUD                       1             EMC              NO
MAYER                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
QUEEN CREEK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
KINGMAN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
TUCSON                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SURPRISE               Purchase                   Owner Occupied         PUD                       1             EMC              NO
CASA GRANDE            Purchase                   Owner Occupied         PUD                       1             EMC              NO
LAS VEGAS              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GOODYEAR               Purchase                   Owner Occupied         PUD                       1             EMC              NO
SURPRISE               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
TOLLESON               Purchase                   Owner Occupied         PUD                       1             EMC              NO
MESA                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
QUEEN CREEK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
LAS VEGAS              Purchase                   Owner Occupied         Condominium               1             EMC              NO
QUEEN CREEK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
CASA GRANDE            Purchase                   Owner Occupied         PUD                       1             EMC              NO
LAS VEGAS              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
AVONDALE               Purchase                   Owner Occupied         PUD                       1             EMC              NO
FORT MOHAVE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
QUEEN CREEK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
GLENDALE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SURPRISE               Purchase                   Owner Occupied         PUD                       1             EMC              NO
NORTH LAS VEGAS        Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
SEDONA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAS VEGAS              Purchase                   Owner Occupied         Single Family             1             EMC              NO
PHOENIX                Purchase                   Owner Occupied         Single Family             1             EMC              NO
PHOENIX                Purchase                   Owner Occupied         PUD                       1             EMC              NO
PHOENIX                Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
QUEEN CREEK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
QUEEN CREEK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
QUEEN CREEK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
SAHUARITA              Purchase                   Owner Occupied         PUD                       1             EMC              NO
AMADO                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
TUCSON                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PHOENIX                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAVEEN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SURPRISE               Purchase                   Owner Occupied         PUD                       1             EMC              NO
PEORIA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SURPRISE               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
QUEEN CREEK            Purchase                   Owner Occupied         PUD                       1             EMC              NO
KINGMAN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
PHOENIX                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
INDEPENDENCE           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHARLES CITY           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
INDEPENDENCE           Cash Out Refinance         Investor               Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SENECA                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
LEAVENWORTH            Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
DES MOINES             Purchase                   Owner Occupied         Single Family             1             EMC              NO
COUNCIL BLUFFS         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
PALATINE               Purchase                   Owner Occupied         Condominium               1             EMC              NO
PORT CHARLOTTE         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ATLANTA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
ATLANTA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ST CLAIR SHORES        Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LITHONIA               Purchase                   Owner Occupied         PUD                       1             EMC              NO
JACKSON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
AURORA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOFFMAN ESTATES        Purchase                   Owner Occupied         Single Family             1             EMC              NO
COON RAPIDS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
PLAINFIELD             Purchase                   Owner Occupied         PUD                       1             EMC              NO
SCHAUMBURG             Purchase                   Owner Occupied         PUD                       1             EMC              NO
JACKSONVILLE           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DETROIT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
RUFFIN                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
TITUSVILLE             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ROSEVILLE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAKELAND               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
RIVERDALE              Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Rate/Term Refinance        Owner Occupied         2-4 Family                2             EMC              NO
CHICAGO HEIGHTS        Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROCKMART               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
BOGART                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EVANSVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
DETROIT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
GAINESVILLE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
MIRAMAR                Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
MAYWOOD                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Investor               Single Family             1             EMC              NO
ROSEMONT               Purchase                   Owner Occupied         Condominium               1             EMC              NO
NEWAYGO                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NEWAYGO                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ATLANTA                Purchase                   Investor               2-4 Family                2             EMC              NO
HARVEY                 Cash Out Refinance         Investor               Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
MILTON                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WOODRIDGE              Purchase                   Owner Occupied         Condominium               1             EMC              NO
ST LOUIS PARK          Purchase                   Owner Occupied         Single Family             1             EMC              NO
HIGH POINT             Purchase                   Owner Occupied         Single Family             1             EMC              NO
BELLEVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
CONYERS                Purchase                   Owner Occupied         PUD                       1             EMC              NO
COVINGTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
VALDOSTA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
DEFUNIAK SPRING        Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Condominium               1             EMC              NO
MACOMB                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
HIALEAH                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ELK RIVER              Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAFAYETTE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
GATESVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
AUGUSTA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MOUNT PROSPECT         Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROCHELLE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MOUNT VERNON           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DETROIT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
TAMPA                  Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
TEMPLE                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DOUGLASVILLE           Cash Out Refinance         Investor               Single Family             1             EMC              NO
ROSELLE                Purchase                   Investor               2-4 Family                2             EMC              NO
ELMORE                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
CROSS                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
LECANTO                Purchase                   Owner Occupied         PUD                       1             EMC              NO
DECATUR                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
AUBURN HILLS           Purchase                   Owner Occupied         Condominium               1             EMC              NO
LOUISVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
GLENDALE HEIGHT        Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
RIVERVIEW              Purchase                   Owner Occupied         PUD                       1             EMC              NO
SOUTH HOLLAND          Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MAYWOOD                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Condominium               1             EMC              NO
LILBURN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
DEERFIELD              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NEW PORT RICHEY        Purchase                   Owner Occupied         PUD                       1             EMC              NO
GLENWOOD               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
INDIANAPOLIS           Purchase                   Owner Occupied         Single Family             1             EMC              NO
UNION                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
SANFORD                Purchase                   Owner Occupied         Condominium               1             EMC              NO
ORLAND PARK            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ELGIN                  Rate/Term Refinance        Owner Occupied         2-4 Family                2             EMC              NO
BELLWOOD               Purchase                   Owner Occupied         Single Family             1             EMC              NO
JOLIET                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
STERLING HEIGHT        Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
IXONIA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
BERWYN                 Purchase                   Owner Occupied         Condominium               1             EMC              NO
WHEATON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAUK VILLAGE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRAND RAPIDS           Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
CHICAGO HEIGHTS        Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
DETROIT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HAZEL PARK             Cash Out Refinance         Investor               2-4 Family                2             EMC              NO
ROCKFORD               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOLIDAY                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
WESTCHESTER            Purchase                   Owner Occupied         Single Family             1             EMC              NO
MACHESNEY PARK         Purchase                   Owner Occupied         Single Family             1             EMC              NO
CUMMING                Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
BRADENTON              Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
GLENN DALE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHARLOTTE              Purchase                   Owner Occupied         PUD                       1             EMC              NO
COLLEGE PARK           Purchase                   Owner Occupied         Single Family             1             EMC              NO
MONTGOMERY             Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
BANGOR                 Purchase                   Owner Occupied         2-4 Family                3             EMC              NO
ROCHESTER HILLS        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FOX LAKE               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ULEN                   Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
STONE MOUNTAIN         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ROCKMART               Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROCKMART               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SALEM                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
PROVIDENCE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
REDDICK                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
CHICAGO HEIGHTS        Purchase                   Owner Occupied         2-4 Family                4             EMC              NO
HUDSON                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
KENDUSKEAG             Purchase                   Owner Occupied         Single Family             1             EMC              NO
SKOWHEGAN              Purchase                   Owner Occupied         Single Family             1             EMC              NO
STAFFORD               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
AGAWAM                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NEW LENOX              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
UPPER MARLBORO         Purchase                   Owner Occupied         PUD                       1             EMC              NO
BRIDGEVIEW             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WASHINGTON             Purchase                   Owner Occupied         Single Family             1             EMC              NO
MAPLEWOOD              Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
BROOKLINE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
3EST WARWICK           Purchase                   Owner Occupied         Single Family             1             EMC              NO
WESTBROOK              Purchase                   Owner Occupied         Single Family             1             EMC              NO
RALEIGH                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
BROOKLYN               Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
ATLANTA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ELK RIVER              Purchase                   Owner Occupied         PUD                       1             EMC              NO
CARMEL                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
DISTRICT HEIGHT        Purchase                   Owner Occupied         Single Family             1             EMC              NO
EVANSVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
BROOKLYN               Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
ZEBULON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
NORTH ADAMS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
JONESBORO              Purchase                   Owner Occupied         Single Family             1             EMC              NO
HAMPSTEAD              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MOREHEAD CITY          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LITTLETON              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WILMINGTON             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
COLUMBIA               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WARREN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LOCKPORT               Purchase                   Owner Occupied         Single Family             1             EMC              NO
FLORHAM PARK           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BURNHAM                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BALTIMORE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GREENSBORO             Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAINT ALBANS           Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
IRVINGTON              Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
BREWER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Rate/Term Refinance        Owner Occupied         2-4 Family                2             EMC              NO
SANFORD                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
DORCHESTER             Purchase                   Owner Occupied         Condominium               1             EMC              NO
GAINESVILLE            Purchase                   Owner Occupied         PUD                       1             EMC              NO
SILVER SPRING          Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
ROCKFORD               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HERMON                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
TWO HARBORS            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BALTIMORE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WEST STEWARTSTO        Purchase                   Owner Occupied         Single Family             1             EMC              NO
LOWELL                 Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
MIDLOTHIAN             Purchase                   Owner Occupied         PUD                       1             EMC              NO
PRINCESS ANNE          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHICOPEE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
LOWELL                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LOWELL                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SOUTH OZONE PAR        Purchase                   Owner Occupied         Single Family             1             EMC              NO
HIGH POINT             Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROSEVILLE              Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
BALTIMORE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
COUNTRY CLUB HI        Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPRINGFIELD            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
SPRINGFIELD            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
ATHENS                 Purchase                   Second Home            Single Family             1             EMC              NO
GASTONIA               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
ESSEX JUNCTION         Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
SAINT ALBANS           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DIXFIELD               Purchase                   Owner Occupied         Single Family             1             EMC              NO
CORONA                 Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
BALTIMORE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BAY SHORE              Purchase                   Owner Occupied         Condominium               1             EMC              NO
NORTH EAST             Purchase                   Owner Occupied         PUD                       1             EMC              NO
EVERETT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
EDEN                   Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
CHARLOTTE              Purchase                   Owner Occupied         PUD                       1             EMC              NO
CRYSTAL LAKE           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BALTIMORE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
COVENTRY               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FRANKLINVILLE          Purchase                   Owner Occupied         Single Family             1             EMC              NO
STEUBEN                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NEWARK                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CORINNA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ATLANTA                Purchase                   Investor               Single Family             1             EMC              NO
LEXINGTON              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HIBBING                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SCHAUMBURG             Purchase                   Owner Occupied         PUD                       1             EMC              NO
UPPER MARLBORO         Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
LIVERMORE FALLS        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DETROIT                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BALTIMORE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
METROPOLIS             Purchase                   Owner Occupied         Single Family             1             EMC              NO
JAMAICA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SOMERSWORTH            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BURLINGTON             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
RANDALLSTOWN           Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROSELLE                Purchase                   Investor               2-4 Family                2             EMC              NO
CLINTON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CLINTON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
RICHMOND               Purchase                   Owner Occupied         Single Family             1             EMC              NO
WINSTON SALEM          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
STRASBURG              Cash Out Refinance         Investor               Single Family             1             EMC              NO
BEMIDJI                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
DEKALB                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EVANSVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
GLEN BURNIE            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SPRINGFIELD            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
UNIVERSITY PARK        Purchase                   Owner Occupied         Single Family             1             EMC              NO
LINWOOD                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PATERSON               Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
BRISTOL                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
INVER GROVE HEI        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KNAPP                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
ALEXANDRIA             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
AMERY                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Condominium               1             EMC              NO
NORTH SAINT PAU        Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
OXFORD                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
RALEIGH                Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
LEVERING               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
AURORA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PORTLAND               Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
MUNDELEIN              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PORTLAND               Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
ROLLING MEADOWS        Purchase                   Owner Occupied         Condominium               1             EMC              NO
GLENBURN               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DETROIT                Cash Out Refinance         Investor               Single Family             1             EMC              NO
BENTON                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BURLINGTON             Purchase                   Owner Occupied         PUD                       1             EMC              NO
SWANTON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DETROIT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHARLESTOWN            Purchase                   Owner Occupied         Single Family             1             EMC              NO
BALTIMORE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EAST GREENWICH         Purchase                   Owner Occupied         Single Family             1             EMC              NO
CARMEL                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
PATERSON               Cash Out Refinance         Investor               2-4 Family                3             EMC              NO
WINSTON SALEM          Purchase                   Owner Occupied         PUD                       1             EMC              NO
PETERBOROUGH           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
JONESPORT              Purchase                   Owner Occupied         Single Family             1             EMC              NO
PORTLAND               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ELGIN                  Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
WOODBRIDGE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
HYATTSVILLE            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BLOOMINGTON            Purchase                   Owner Occupied         Condominium               1             EMC              NO
ROCKFORD               Purchase                   Owner Occupied         Single Family             1             EMC              NO
BALTIMORE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HAMMOND                Rate/Term Refinance        Investor               Single Family             1             EMC              NO
HOLBROOK               Purchase                   Owner Occupied         Single Family             1             EMC              NO
PATERSON               Cash Out Refinance         Investor               2-4 Family                3             EMC              NO
SHAPLEIGH              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WATERVILLE             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FALL RIVER             Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
ALBANY                 Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
MOUNT HOLLY            Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
MERRIMACK              Purchase                   Owner Occupied         Condominium               1             EMC              NO
BALTIMORE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LANDOVER               Cash Out Refinance         Investor               Single Family             1             EMC              NO
MANCHESTER             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
BARRE                  Purchase                   Owner Occupied         2-4 Family                3             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
NASHUA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CENTRAL ISLIP          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
AURORA                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
BREWER                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CUMBERLAND FORE        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SALISBURY              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PETERBOROUGH           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GLEN ALLEN             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
REHOBOTH               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
POOLESVILLE            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Investor               2-4 Family                3             EMC              NO
NORTH PROVIDENC        Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHARLOTTE              Purchase                   Owner Occupied         PUD                       1             EMC              NO
DAVENPORT              Purchase                   Owner Occupied         Single Family             1             EMC              NO
SHELTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
DES MOINES             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CARL JUNCTION          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MARSHFIELD             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BOELUS                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GUTHRIE CENTER         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
OLATHE                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LUFKIN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
MANSFIELD              Purchase                   Owner Occupied         Single Family             1             EMC              NO
BRANDON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BLACK CANYON CI        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CARLSBAD               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MISSION VIEJO          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
APLINGTON              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ELDON                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NEWTON                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LINDEN                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
OKEECHOBEE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
BOONE                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LA PORTE               Purchase                   Second Home            PUD                       1             EMC              NO
WICHITA                Purchase                   Investor               Single Family             1             EMC              NO
NEWTON                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
PERRY                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRANGER                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FRANKFORT              Purchase                   Investor               Single Family             1             EMC              NO
HARTLEY                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WALLLA WALLA           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SHALIMAR               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CONWAY SPRINGS         Cash Out Refinance         Investor               Single Family             1             EMC              NO
SACRAMENTO             Purchase                   Owner Occupied         Condominium               1             EMC              NO
LATHROP                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
CHARLESTON             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DIXON IL 61021         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
COVINGTON              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EVERETT                Purchase                   Owner Occupied         Condominium               1             EMC              NO
LAS VEGAS              Purchase                   Owner Occupied         PUD                       1             EMC              NO
AURORA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FRANKLIN               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
INDEPENDENCE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
INDEPENDENCE           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PHOENIX                Purchase                   Owner Occupied         Single Family             1             EMC              NO
MEMPHIS                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ATKINS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
WINLOCK                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BRYANT                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
INVERNESS              Cash Out Refinance         Investor               PUD                       1             EMC              NO
LAS VEGAS              Purchase                   Owner Occupied         PUD                       1             EMC              NO
MEMPHIS                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NORTH LAS VEGAS        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SHREVEPORT             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SIOUX CITY             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
VANCOUVER              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ALBUQUERQUE            Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
INDIANOLA              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PORTLAND               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NORTH LAS VEGAS        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
RAPIDS CITY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MIAMI                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
EXETER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
WICHITA                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
VANCOUVER              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BARTLESVILLE           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WORTH                  Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
MESA                   Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NORFOLK                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WEST DES MOINES        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BETTENDORF             Purchase                   Owner Occupied         Single Family             1             EMC              NO
HEWITT                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT SMITH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
WICHITA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ENUMCLAW               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CRAWFORDSVILLE         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EVERETT                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EVERETT                Cash Out Refinance         Investor               Single Family             1             EMC              NO
LINDSBORG              Purchase                   Owner Occupied         Single Family             1             EMC              NO
TACOMA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PUYALLUP               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
BATTLE GROUND          Purchase                   Owner Occupied         Single Family             1             EMC              NO
WATAUGA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
DAVENPORT              Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAKE STEVENS           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PLAINFIELD             Purchase                   Owner Occupied         Condominium               1             EMC              NO
PLAINFIELD             Purchase                   Owner Occupied         Condominium               1             EMC              NO
BROOKLYN PARK          Purchase                   Owner Occupied         Single Family             1             EMC              NO
BROOKLYN PARK          Purchase                   Owner Occupied         Single Family             1             EMC              NO
OAKLAND CITY           Purchase                   Owner Occupied         Single Family             1             EMC              NO
BRITTON                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
MACHESNEY PARK         Purchase                   Owner Occupied         Single Family             1             EMC              NO
DETROIT                Cash Out Refinance         Investor               Single Family             1             EMC              NO
ELGIN                  Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
BENSENVILLE            Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
MIDLAND                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CRYSTAL                Purchase                   Owner Occupied         Single Family             1             EMC              NO
THIEF RIVER FAL        Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
SAUK VILLAGE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
DETROIT                Cash Out Refinance         Investor               Single Family             1             EMC              NO
EVELETH                Purchase                   Owner Occupied         Single Family             1             EMC              NO
GLENDALE HEIGHT        Purchase                   Owner Occupied         Condominium               1             EMC              NO
GREENWOOD              Purchase                   Owner Occupied         Single Family             1             EMC              NO
BURNSVILLE             Rate/Term Refinance        Owner Occupied         Condominium               1             EMC              NO
ROCKFORD               Purchase                   Owner Occupied         Single Family             1             EMC              NO
GILBERTSVILLE          Purchase                   Owner Occupied         Single Family             1             EMC              NO
KOKOMO                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
HUTCHINSON             Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
ZIMMERMAN              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CAMBRIA                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
MAPLE GROVE            Purchase                   Owner Occupied         PUD                       1             EMC              NO
STREAMWOOD             Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                3             EMC              NO
MATTESON               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
MINNEAPOLIS            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MATTESON               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SPRING LAKE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
OTTAWA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAINT PAUL             Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CRETE                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
POPLAR GROVE           Purchase                   Owner Occupied         PUD                       1             EMC              NO
BOONVILLE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
HAZEL CREST            Purchase                   Owner Occupied         Single Family             1             EMC              NO
DAWSON                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
UNIVERSITY PARK        Purchase                   Owner Occupied         Single Family             1             EMC              NO
JORDAN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
MAYWOOD                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
ROCKFORD               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
LITTLE CANADA          Purchase                   Owner Occupied         Condominium               1             EMC              NO
DAVIS JUNCTION         Purchase                   Owner Occupied         Single Family             1             EMC              NO
BUFFALO                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BOLINGBROOK            Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
TAYLOR                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
ATWATER                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SOUTH PARIS            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NEW RICHMOND           Purchase                   Owner Occupied         Condominium               1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
NEW RICHMOND           Purchase                   Owner Occupied         Condominium               1             EMC              NO
AUBURN HILLS           Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAUK VILLAGE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
BEAVER DAM             Purchase                   Owner Occupied         Single Family             1             EMC              NO
LA SALLE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
DAVISON                Purchase                   Owner Occupied         Condominium               1             EMC              NO
OXFORD                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
MINNETONKA             Purchase                   Owner Occupied         Single Family             1             EMC              NO
NEWBURGH               Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
JOLIET                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
CONCORDIA              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SPRINGFIELD            Purchase                   Owner Occupied         Single Family             1             EMC              NO
MARQUETTE HEIGH        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FRANKFORT              Purchase                   Owner Occupied         Single Family             1             EMC              NO
NASHVILLE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MOUNT PROSPECT         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GRAND PRAIRIE          Purchase                   Owner Occupied         PUD                       1             EMC              NO
SHERMAN                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
ELDORA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MIDLOTHIAN             Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
LIBERAL                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
CEDAR RAPIDS           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ABILENE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
TACOMA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
OSCEOLA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GENESEO                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SEAGOVILLE             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SEATTLE                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
OLYMPIA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NEW ORLEANS            Purchase                   Investor               2-4 Family                4             EMC              NO
TACOMA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ARLINGTON              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DALLAS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
MONROE                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CEDAR FALLS            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SHERMAN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
COMBINE                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
MERIAM                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BLUE RIDGE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPRINGFIELD            Purchase                   Owner Occupied         Single Family             1             EMC              NO
HAMILTON               Purchase                   Owner Occupied         Single Family             1             EMC              NO
CONROE                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
KENNEWICK              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
KNOXVILLE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
WELLINGTON             Purchase                   Owner Occupied         Single Family             1             EMC              NO
BUTLER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPRINGFIELD            Purchase                   Owner Occupied         Single Family             1             EMC              NO
PANAMA CITY BEA        Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
SARITA                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
POTTSBORO              Purchase                   Owner Occupied         PUD                       1             EMC              NO
MASON CITY             Purchase                   Owner Occupied         Single Family             1             EMC              NO
NICKERSON              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GRANDVIEW              Purchase                   Owner Occupied         Single Family             1             EMC              NO
MIRAMAR                Rate/Term Refinance        Owner Occupied         Condominium               1             EMC              NO
CLEARWATER             Purchase                   Owner Occupied         Single Family             1             EMC              NO
LEAVENWORTH            Purchase                   Owner Occupied         Single Family             1             EMC              NO
INDEPENDENCE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
BLOOMINGTON            Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
INDEPENDENCE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
WATERLOO               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SANTA ROSA BEAC        Purchase                   Owner Occupied         Single Family             1             EMC              NO
LARGO                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SEARCY                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
BEAVERTON              Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
GRINNELL               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SEAGOVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
BOONVILLE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SPRINGDALE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
MIDDLETON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
EDMOND                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
DALLAS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
PEARCY                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         PUD                       1             EMC              NO
CEDAR HILL             Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
MEMPHIS                Purchase                   Owner Occupied         Single Family             1             EMC              NO
TYLER                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
BENTON                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
NORTH LITTLE RO        Purchase                   Owner Occupied         Single Family             1             EMC              NO
WYLIE                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
LITTLETON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
DENTON                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
ATHENS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRAND PRAIRIE          Purchase                   Owner Occupied         PUD                       1             EMC              NO
ARLINGTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRAND PRAIRIE          Purchase                   Owner Occupied         PUD                       1             EMC              NO
CHILDRESS              Purchase                   Owner Occupied         Single Family             1             EMC              NO
CARROLLTON             Purchase                   Owner Occupied         Single Family             1             EMC              NO
ARLINGTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
PROVIDENCE VILL        Purchase                   Owner Occupied         PUD                       1             EMC              NO
PROVIDENCE VILL        Purchase                   Owner Occupied         PUD                       1             EMC              NO
SEVIERVILLE            Purchase                   Owner Occupied         PUD                       1             EMC              NO
FRESNO                 Purchase                   Investor               Single Family             1             EMC              NO
DESOTO                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SOUTH HAVEN            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BURRTON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAN JACINTO            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PERU                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
ATLANTA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
GAINESVILLE            Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
ALBUQUERQUE            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CITY NAME              Purchase                   Owner Occupied         PUD                       1             EMC              NO
SOLDIER                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DODGE CITY             Purchase                   Owner Occupied         Single Family             1             EMC              NO
BRANSON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ALLEN                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
ALTO PASS              Purchase                   Owner Occupied         Single Family             1             EMC              NO
ARLINGTON              Purchase                   Owner Occupied         PUD                       1             EMC              NO
FORT WORTH             Purchase                   Investor               Single Family             1             EMC              NO
SIKESTON               Purchase                   Owner Occupied         Single Family             1             EMC              NO
CONVERSE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
THE DALLES             Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
HUMBLE                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
KELSO                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BATESVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
GUN BARREL CITY        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ERIE                   Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WATERLOO               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
VILLAGE MILLS          Purchase                   Owner Occupied         Single Family             1             EMC              NO
IOWA CITY              Purchase                   Owner Occupied         Single Family             1             EMC              NO
SHREWSBURY             Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
GILMER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LITTLE ROCK            Cash Out Refinance         Investor               Single Family             1             EMC              NO
COLLEGE STATION        Purchase                   Owner Occupied         PUD                       1             EMC              NO
TRENTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
DIBOLL                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
OMAHA                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PERRYVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
COVINGTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
CARSON                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GRANDVIEW              Purchase                   Owner Occupied         Single Family             1             EMC              NO
LEBANON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DALLAS                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
OLYMPIA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ALFORD                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BARTLESVILLE           Purchase                   Owner Occupied         Condominium               1             EMC              NO
OSAWATOMIE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
FRANKFORT              Purchase                   Owner Occupied         Single Family             1             EMC              NO
PROSSER                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MINGO                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
THE WOODLANDS          Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
WICHITA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
WINFIELD               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MEMPHIS                Purchase                   Owner Occupied         Condominium               1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
N. RICHLAND HIL        Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT LAUDERDALE        Purchase                   Owner Occupied         Condominium               1             EMC              NO
HOUSTON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GAINESVILLE            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FORT LAUDERDALE        Purchase                   Owner Occupied         Condominium               1             EMC              NO
FRANKFORT              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
OSAWATOMIE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROWLETT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LACY LAKEVIEW          Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         PUD                       1             EMC              NO
SALEM                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WASHINGTON             Purchase                   Owner Occupied         Single Family             1             EMC              NO
FT LAUDERDALE          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WICHITA                Purchase                   Investor               Single Family             1             EMC              NO
GLENN HEIGHTS          Purchase                   Owner Occupied         PUD                       1             EMC              NO
CADDO MILLS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
OKLAHOMA CITY          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
OKLAHOMA CITY          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ALVARADO               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ROSENBERG              Purchase                   Owner Occupied         Single Family             1             EMC              NO
CORDOVA                Purchase                   Owner Occupied         PUD                       1             EMC              NO
BOSSIER CITY           Purchase                   Owner Occupied         PUD                       1             EMC              NO
FATE                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
MEMPHIS                Purchase                   Owner Occupied         Single Family             1             EMC              NO
DALLAS                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LAMAR                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EULESS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
CECILIA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CROWLEY                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAS VEGAS              Purchase                   Owner Occupied         Single Family             1             EMC              NO
CROWLEY                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BATON ROUGE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
KATY                   Purchase                   Owner Occupied         PUD                       1             EMC              NO
LAKE WORTH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
GARLAND                Purchase                   Owner Occupied         PUD                       1             EMC              NO
ANTIOCH                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ANTIOCH                Purchase                   Owner Occupied         Single Family             1             EMC              NO
GARLAND                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ALLEN                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
ALLEN                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
HARRAH                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EL PASO COUNTY         Purchase                   Owner Occupied         PUD                       1             EMC              NO
TULSA                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
DALLAS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
FATE                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
DALLAS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LEWISVILLE             Purchase                   Owner Occupied         PUD                       1             EMC              NO
FORT WORTH             Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         PUD                       1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
MCKINNEY               Purchase                   Owner Occupied         PUD                       1             EMC              NO
DENVER                 Purchase                   Owner Occupied         2-4 Family                4             EMC              NO
TUPELO                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
AZLE                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROCKWALL               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
KATY                   Purchase                   Owner Occupied         PUD                       1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         PUD                       1             EMC              NO
RICHMOND               Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
MEMPHIS                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DERBY                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CABOT                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUMA                  Purchase                   Investor               Single Family             1             EMC              NO
SINTON                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
MEMPHIS                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
WOODLAWN               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WOODLAWN               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BROKEN ARROW           Purchase                   Owner Occupied         PUD                       1             EMC              NO
WICHITA FALLS          Purchase                   Owner Occupied         Single Family             1             EMC              NO
HUTTO                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
BOLIVAR                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BOLIVAR                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GARLAND                Purchase                   Owner Occupied         Single Family             1             EMC              NO
RICHARDSON             Purchase                   Owner Occupied         Single Family             1             EMC              NO
MESQUITE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MESQUITE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MESQUITE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
DELIGHT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
MEMPHIS                Purchase                   Owner Occupied         Single Family             1             EMC              NO
WELCH                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PARIS                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
FATE                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
SOUTHAVEN              Purchase                   Owner Occupied         Single Family             1             EMC              NO
FLINT                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
WHITEHOUSE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
GARLAND                Purchase                   Owner Occupied         Single Family             1             EMC              NO
FATE                   Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
ALVIN                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAREDO                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
INOLA                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
AZLE                   Purchase                   Owner Occupied         PUD                       1             EMC              NO
MERCEDES               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ARLINGTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
DUMAS                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
WINNSBORO              Purchase                   Owner Occupied         Single Family             1             EMC              NO
ARLINGTON              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SANGER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAND SPRINGS           Purchase                   Owner Occupied         Single Family             1             EMC              NO
ODESSA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
WYLIE                  Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
WEATHERFORD            Purchase                   Owner Occupied         Single Family             1             EMC              NO
WATAUGA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LITTLE ROCK            Purchase                   Owner Occupied         Single Family             1             EMC              NO
LEXINGTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
MESQUITE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRAPEVINE              Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
WOLFFORTH              Purchase                   Owner Occupied         Single Family             1             EMC              NO
MOUNDS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         PUD                       1             EMC              NO
ALLEN                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
DALLAS                 Purchase                   Owner Occupied         Condominium               1             EMC              NO
JACKSON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BURNET                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
FRISCO                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
OLIVE BRANCH           Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
CEDAR HILL             Purchase                   Owner Occupied         Single Family             1             EMC              NO
SEAGOVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
BOLIVAR                Purchase                   Owner Occupied         Single Family             1             EMC              NO
TULSA                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HORIZON CITY           Purchase                   Owner Occupied         Single Family             1             EMC              NO
KATY                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
SUNSET                 Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
CLEBURNE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
JACKSON                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SHERMAN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHATTANOOGA            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FRISCO                 Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
FORNEY                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
EL PASO                Purchase                   Investor               Single Family             1             EMC              NO
MESQUITE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
BEAUMONT               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MEMPHIS                Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
TULSA                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
CADDO MILLS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
BURLESON               Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRAND PRAIRIE          Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
TULSA                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROWLETT                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HICKORY VALLEY         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GRANBURY               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DALLAS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
PLANO                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
PLANO                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRAND PRAIRIE          Purchase                   Owner Occupied         PUD                       1             EMC              NO
COVINGTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         Single Family             1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAGO VISTA             Purchase                   Owner Occupied         PUD                       1             EMC              NO
BROWNSVILLE            Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
LUBBOCK                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LUBBOCK                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ANNA                   Purchase                   Owner Occupied         PUD                       1             EMC              NO
BOLIVAR                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HUMBOLDT               Purchase                   Owner Occupied         Single Family             1             EMC              NO
ALEDO                  Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
ARLINGTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
COLLIERVILLE           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BOLIVAR                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HEARTLAND              Purchase                   Owner Occupied         PUD                       1             EMC              NO
MIDDLETON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT WORTH             Purchase                   Owner Occupied         PUD                       1             EMC              NO
RENOVA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
MESQUITE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MESQUITE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MULVANE                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WHITWELL               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HUTCHINSON             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LEWISVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
CARROLLTON             Purchase                   Owner Occupied         Single Family             1             EMC              NO
LOUISVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
TULSA                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
HORIZON CITY           Purchase                   Owner Occupied         Single Family             1             EMC              NO
HORIZON CITY           Purchase                   Owner Occupied         Single Family             1             EMC              NO
AUSTIN                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
LONGVIEW               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
CANYON LAKE            Purchase                   Owner Occupied         PUD                       1             EMC              NO
ABILENE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ANAHUAC                Purchase                   Owner Occupied         Single Family             1             EMC              NO
MIDLAND                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
PASADENA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
PASADENA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOCKLEY                Purchase                   Owner Occupied         PUD                       1             EMC              NO
BEAUMONT               Purchase                   Owner Occupied         Single Family             1             EMC              NO
COLUMBIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
AUSTIN                 Purchase                   Owner Occupied         Condominium               1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
BEAUMONT               Purchase                   Owner Occupied         Condominium               1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
PASADENA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
DUBLIN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
GALENA PARK            Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
CYPRESS                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
MCALLEN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
PHARR                  Purchase                   Owner Occupied         2-4 Family                4             EMC              NO
PHARR                  Purchase                   Owner Occupied         2-4 Family                4             EMC              NO
AUSTIN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
AUSTIN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
KATY                   Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
LEAGUE CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
WACO                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
MONTGOMERY             Purchase                   Owner Occupied         PUD                       1             EMC              NO
CROCKETT               Purchase                   Owner Occupied         Single Family             1             EMC              NO
CROCKETT               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN JUAN               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
MONTGOMERY             Purchase                   Investor               PUD                       1             EMC              NO
RICHMOND               Purchase                   Owner Occupied         PUD                       1             EMC              NO
MISSOURI CITY          Purchase                   Owner Occupied         PUD                       1             EMC              NO
SUGAR LAND             Purchase                   Owner Occupied         PUD                       1             EMC              NO
KILLEEN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
MCALLEN                Cash Out Refinance         Investor               Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HITCHCOCK              Purchase                   Owner Occupied         Single Family             1             EMC              NO
HITCHCOCK              Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HUFFMAN                Purchase                   Owner Occupied         PUD                       1             EMC              NO
WHITESBORO             Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROUND ROCK             Purchase                   Owner Occupied         Single Family             1             EMC              NO
LINDALE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CLEVELAND              Purchase                   Owner Occupied         Single Family             1             EMC              NO
CLEVELAND              Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROUND ROCK             Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
AUSTIN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
EL PASO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
PORTER                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
WAXAHACHIE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
CYPRESS                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SILSBEE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ROSENBERG              Purchase                   Owner Occupied         Single Family             1             EMC              NO
LONGVIEW               Purchase                   Owner Occupied         Single Family             1             EMC              NO
CANYON LAKE            Purchase                   Owner Occupied         PUD                       1             EMC              NO
CEDAR PARK             Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
ORANGE                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
DALLAS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
DALLAS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAREDO                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
SEALY                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
BAYTOWN                Purchase                   Owner Occupied         PUD                       1             EMC              NO
KATY                   Purchase                   Owner Occupied         PUD                       1             EMC              NO
MISSOURI CITY          Purchase                   Owner Occupied         Single Family             1             EMC              NO
LA PORTE               Purchase                   Owner Occupied         PUD                       1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
LEANDER                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CYPRESS                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Investor               PUD                       1             EMC              NO
DAYTON                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
THE WOODLANDS          Purchase                   Owner Occupied         PUD                       1             EMC              NO
BROWNSVILLE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
KYLE                   Purchase                   Owner Occupied         PUD                       1             EMC              NO
CORSICANA              Purchase                   Owner Occupied         Single Family             1             EMC              NO
HUTTO                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
PEARLAND               Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
DICKINSON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
PEARLAND               Purchase                   Owner Occupied         PUD                       1             EMC              NO
PEARLAND               Purchase                   Owner Occupied         PUD                       1             EMC              NO
BAYTOWN                Purchase                   Owner Occupied         PUD                       1             EMC              NO
SAGINAW                Purchase                   Owner Occupied         PUD                       1             EMC              NO
MESQUITE               Purchase                   Owner Occupied         PUD                       1             EMC              NO
BOLIVAR                Purchase                   Owner Occupied         Single Family             1             EMC              NO
OTTUMWA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MARSHALLTOWN           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WYLIE                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
HAYS                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRINNELL               Purchase                   Owner Occupied         Single Family             1             EMC              NO
ALLEN                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
IOWA CITY              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FREEMONT               Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
NORFOLK                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
LUFKIN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LEAGUE CITY            Purchase                   Owner Occupied         PUD                       1             EMC              NO
TYLER                  Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SOUTH HOUSTON          Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAREDO                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
SUGAR LAND             Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
CROSBY                 Purchase                   Investor               PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HIGHLANDS              Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
VIDOR                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
LAKE CHARLES           Purchase                   Owner Occupied         Single Family             1             EMC              NO
LUMBERTON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN JUAN               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
WACO                   Purchase                   Owner Occupied         Single Family             1             EMC              NO
KARNACK                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HORIZON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
CEDAR PARK             Cash Out Refinance         Investor               PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
BAYTOWN                Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
CHANNELVIEW            Purchase                   Investor               PUD                       1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
MANOR                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
FORT WORTH             Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
LEAGUE CITY            Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
SILSBEE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN JUAN               Purchase                   Owner Occupied         Single Family             1             EMC              NO
WILLIS                 Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
HEMPSTEAD              Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
RIO GRANDE CITY        Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
LYTLE                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
TOMBALL                Purchase                   Owner Occupied         PUD                       1             EMC              NO
RICHMOND               Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
AUSTIN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
BROWNSVILLE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
CROSBY                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
VICTORIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         PUD                       1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         PUD                       1             EMC              NO
ROSENBERG              Purchase                   Owner Occupied         PUD                       1             EMC              NO
BROWNSVILLE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN JUAN               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
NEW CANEY              Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
BAYTOWN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BROWNSVILLE            Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
LA PORTE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
LEWISVILLE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
HORIZON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Condominium               1             EMC              NO
VICTORIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Investor               Single Family             1             EMC              NO
MAGNOLIA               Purchase                   Owner Occupied         PUD                       1             EMC              NO
AUSTIN                 Purchase                   Owner Occupied         Condominium               1             EMC              NO
HOUSTON                Purchase                   Investor               2-4 Family                4             EMC              NO
AUSTIN                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
AUSTIN                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
SPRING                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SPRING                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CYPRESS                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
SPRING                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
HUMBLE                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
EDINBURG               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
BAYTOWN                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
DONNA                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
EDINBURG               Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
FRESNO                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
SAN ANTONIO            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOPKINS                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BAYTOWN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
KATY                   Purchase                   Owner Occupied         PUD                       1             EMC              NO
PENITAS                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SEA BROOK              Purchase                   Owner Occupied         PUD                       1             EMC              NO
PENITAS                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
PFLUGERVILLE           Purchase                   Owner Occupied         PUD                       1             EMC              NO
PENITAS                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
EDINBURG               Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
KINGWOOD               Purchase                   Owner Occupied         PUD                       1             EMC              NO
SPRING                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
VIDOR                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
WINNIE                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
GRANADA HILLS          Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAKE ELSINORE          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GRANADA HILLS          Purchase                   Owner Occupied         Single Family             1             EMC              NO
HESPERIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
RESEDA AREA            Purchase                   Owner Occupied         Single Family             1             EMC              NO
SUN VALLEY             Purchase                   Owner Occupied         Single Family             1             EMC              NO
MORENO VALLEY          Purchase                   Owner Occupied         Single Family             1             EMC              NO
SOUTH GATE             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
RIVERSIDE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DESERT HOT SPRI        Purchase                   Investor               Single Family             1             EMC              NO
DESERT HOT SPRI        Purchase                   Investor               Single Family             1             EMC              NO
LA PUENTE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
COSTA MESA             Purchase                   Owner Occupied         Single Family             1             EMC              NO
COSTA MESA             Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAS VEGAS              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SUGARLOAF              Purchase                   Owner Occupied         Single Family             1             EMC              NO
REDLANDS               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
SAN BERNARDINO         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HIGHLAND               Cash Out Refinance         Owner Occupied         2-4 Family                3             EMC              NO
LOS ANGELES            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FONTANA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SANTA CRUZ             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BAKERSFIELD            Purchase                   Owner Occupied         Single Family             1             EMC              NO
FONTANA AREA           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EL MONTE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
WESTMINSTER            Purchase                   Owner Occupied         Single Family             1             EMC              NO
FONTANA                Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
GARDEN GROVE           Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
MORENO VALLEY          Purchase                   Owner Occupied         Single Family             1             EMC              NO
LONG BEACH             Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
RIALTO                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
NUEVO                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BAKERSFIELD            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Single Family             1             EMC              NO
PERRIS                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ONTARIO                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
RIVERSIDE AREA         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HESPERIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
ANAHEIM                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Purchase                   Owner Occupied         Condominium               1             EMC              NO
MONROVIA               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CORONA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Cash Out Refinance         Owner Occupied         2-4 Family                4             EMC              NO
SANTA ROSA BEAC        Cash Out Refinance         Investor               Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Single Family             1             EMC              NO
DOWNEY                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
RICHMOND               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Rate/Term Refinance        Owner Occupied         Condominium               1             EMC              NO
SAN DIEGO              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
TEMECULA               Purchase                   Owner Occupied         Condominium               1             EMC              NO
CATHEDRAL CITY         Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HUNTINGTON BEAC        Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
HIDDEN HILLS           Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ESCONDIDO              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DESERT HOT SPRI        Purchase                   Owner Occupied         Single Family             1             EMC              NO
HEBER                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHULA VISTA            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BRAWLEY                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CONWAY                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
ROCKFORD               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Single Family             1             EMC              NO
NORTHRIDGE AREA        Purchase                   Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Purchase                   Owner Occupied         Single Family             1             EMC              NO
APPLE VALLEY AR        Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAKEPORT               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SURPRISE               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
BAKERSFIELD            Purchase                   Owner Occupied         Single Family             1             EMC              NO
BLOOMINGTON ARE        Purchase                   Owner Occupied         Single Family             1             EMC              NO
ANAHEIM                Purchase                   Owner Occupied         Condominium               1             EMC              NO
SAN DIEGO              Purchase                   Owner Occupied         Condominium               1             EMC              NO
APPLE VALLEY           Purchase                   Owner Occupied         Single Family             1             EMC              NO
OCEANSIDE              Purchase                   Owner Occupied         Condominium               1             EMC              NO
YUBA CITY              Purchase                   Owner Occupied         Single Family             1             EMC              NO
SUN CITY               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CARLSBAD               Purchase                   Owner Occupied         Condominium               1             EMC              NO
SAN DIEGO              Purchase                   Owner Occupied         Condominium               1             EMC              NO
SAN YSIDRO             Purchase                   Owner Occupied         Condominium               1             EMC              NO
MURRIETA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EL CAJON               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EL CAJON               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Purchase                   Owner Occupied         Condominium               1             EMC              NO
SAN DIEGO              Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
SHASTA LAKE            Purchase                   Owner Occupied         Single Family             1             EMC              NO
PALM DESERT            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
OCEANSIDE              Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
YUCAIPA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ORANGEVALE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
OLIVEHURST             Purchase                   Owner Occupied         Single Family             1             EMC              NO
RANCHO MURIETA         Purchase                   Owner Occupied         PUD                       1             EMC              NO
SAN DIEGO              Purchase                   Owner Occupied         Single Family             1             EMC              NO
MURRIETA               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HEBER                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
ORANGE                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
VIRGINIA CITY H        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
RANCHO MIRAGE          Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
SAN JACINTO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
THOUSAND OAKS          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NORTH HIGHLANDS        Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
SAN DIEGO              Rate/Term Refinance        Owner Occupied         PUD                       1             EMC              NO
HEBER                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
SAN LORENZO            Purchase                   Owner Occupied         PUD                       1             EMC              NO
COUPEVILLE             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LA QUINTA              Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
BENICIA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SACRAMENTO             Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Purchase                   Owner Occupied         Condominium               1             EMC              NO
SOLANA BEACH           Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
HEMET                  Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
ALISO VIEJO            Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
MENIFEE                Purchase                   Owner Occupied         PUD                       1             EMC              NO
MENIFEE                Purchase                   Owner Occupied         PUD                       1             EMC              NO
INDIO                  Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
SALINAS                Purchase                   Owner Occupied         PUD                       1             EMC              NO
CHULA VISTA            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BERKELEY               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
3443 MADISON AV        Purchase                   Owner Occupied         2-4 Family                4             EMC              NO
SACRAMENTO             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAN JOSE               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
IMPERIAL BEACH         Purchase                   Owner Occupied         Condominium               1             EMC              NO
RIVERSIDE              Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
SAN JOSE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SALIDA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Purchase                   Owner Occupied         Condominium               1             EMC              NO
OAKDALE                Purchase                   Owner Occupied         Single Family             1             EMC              NO
MATHER                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
SACRAMENTO             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LINCOLN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SOLANA BEACH           Purchase                   Owner Occupied         Condominium               1             EMC              NO
STOCKTON               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN DIEGO              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SAN JOSE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHULA VISTA            Purchase                   Owner Occupied         Condominium               1             EMC              NO
CHULA VISTA            Purchase                   Owner Occupied         Condominium               1             EMC              NO
SAN JOSE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN JOSE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
ANTIOCH                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HEBER                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAKESIDE               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SIMI VALLEY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HOFFMAN ESTATES        Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
DETROIT                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
MENAHGA                Cash Out Refinance         Investor               Single Family             1             EMC              NO
DEKALB                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOCKPORT               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
OSWEGO                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
GALVA                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
IOLA                   Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
COLLEGE STATION        Purchase                   Owner Occupied         PUD                       1             EMC              NO
STANTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
DIAMOND BAR            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LAGUNA NIGUEL          Purchase                   Owner Occupied         Condominium               1             EMC              NO
MORENO VALLEY          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ANAHEIM                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ONTARIO                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PERRIS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
INGLEWOOD              Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
INGLEWOOD              Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
FONTANA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CORONA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CORONA                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CASTAIC                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
RIALTO                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
EL CAJON               Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
LA HABRA               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NORTH HOLLYWOOD        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PACOIMA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
PACOIMA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN BERNARDINO         Purchase                   Owner Occupied         Single Family             1             EMC              NO
CORONA                 Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
LAKE ELSINORE          Purchase                   Owner Occupied         Single Family             1             EMC              NO
BALTIMORE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
AURORA                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
AURORA                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
DENVER                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
MONUMENT               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
AURORA                 Purchase                   Owner Occupied         Condominium               1             EMC              NO
FARMINGTON             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
STERLING               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
DENVER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
COLORADO SPRING        Purchase                   Owner Occupied         Single Family             1             EMC              NO
AURORA                 Purchase                   Owner Occupied         Condominium               1             EMC              NO
CENTENNIAL             Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
DENVER                 Purchase                   Investor               Single Family             1             EMC              NO
DENVER                 Purchase                   Investor               Single Family             1             EMC              NO
DENVER                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WESTMINSTER            Purchase                   Owner Occupied         Single Family             1             EMC              NO
CARBONDALE             Purchase                   Owner Occupied         PUD                       1             EMC              NO
CASTLE ROCK            Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
CASTLE ROCK            Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
DENVER                 Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
GREENWOOD VILLA        Cash Out Refinance         Investor               PUD                       1             EMC              NO
DENVER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
DENVER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
WESTMINSTER            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
THORNTON               Purchase                   Owner Occupied         PUD                       1             EMC              NO
GREELEY                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LITTLETON              Purchase                   Owner Occupied         PUD                       1             EMC              NO
FORT LUPTON            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ENGLEWOOD              Purchase                   Owner Occupied         Single Family             1             EMC              NO
DENVER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
GREELEY                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ALAMOSA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ALAMOSA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHEYENNE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
CASTLE ROCK            Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
CARBONDALE             Purchase                   Owner Occupied         Single Family             1             EMC              NO
DENVER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAS VEGAS              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
GLENROCK               Purchase                   Owner Occupied         Single Family             1             EMC              NO
EVANS                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
PLAIN CITY             Purchase                   Owner Occupied         Single Family             1             EMC              NO
COMMERCE CITY          Purchase                   Owner Occupied         Condominium               1             EMC              NO
AURORA                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
PROVO                  Cash Out Refinance         Owner Occupied         Condominium               1             EMC              NO
BRIGHTON               Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
AURORA                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
LONGMONT               Purchase                   Owner Occupied         Single Family             1             EMC              NO
LITTLETON              Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
COLORADO SPRING        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
COMMERCE CITY          Purchase                   Investor               Single Family             1             EMC              NO
COMMERCE CITY          Purchase                   Investor               Single Family             1             EMC              NO
AURORA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
DENVER                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
COLORADO SPRING        Purchase                   Owner Occupied         Single Family             1             EMC              NO
THORNTON               Purchase                   Owner Occupied         PUD                       1             EMC              NO
COLORADO SPRING        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
AURORA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
WESTMINSTER            Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
DENVER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
DENVER                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NORTH LAS VEGAS        Purchase                   Owner Occupied         PUD                       1             EMC              NO
DENVER                 Cash Out Refinance         Owner Occupied         PUD                       1             EMC              NO
THORNTON               Purchase                   Owner Occupied         PUD                       1             EMC              NO
SANDY                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CASPER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
COMMERCE CITY          Purchase                   Investor               Single Family             1             EMC              NO
TOOELE                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
AMERICAN FORK          Purchase                   Owner Occupied         Single Family             1             EMC              NO
HAYDEN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
WOODLAND PARK          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
COLORADO SPRING        Purchase                   Owner Occupied         PUD                       1             EMC              NO
BRIGHTON               Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHEYENNE               Purchase                   Owner Occupied         Single Family             1             EMC              NO
DENVER                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LONGMONT               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
COLORADO SPRING        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
JOHNSTOWN              Purchase                   Owner Occupied         Single Family             1             EMC              NO
CAPE CORAL             Purchase                   Owner Occupied         Condominium               1             EMC              NO
COMMERCE CITY          Purchase                   Owner Occupied         PUD                       1             EMC              NO
YORBA LINDA            Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAKEVILLE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WESTMINSTER            Purchase                   Owner Occupied         Single Family             1             EMC              NO
NORFOLK                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
CHANNAHON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
RED LION               Purchase                   Owner Occupied         Single Family             1             EMC              NO
MINNEAPOLIS            Purchase                   Owner Occupied         Single Family             1             EMC              NO
DETROIT                Purchase                   Investor               Single Family             1             EMC              NO
URBANA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
ALEDO                  Purchase                   Owner Occupied         Single Family             1             EMC              NO
DETROIT                Rate/Term Refinance        Owner Occupied         Single Family             1             EMC              NO
HAMMOND                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ADRIAN                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
OAK FOREST             Purchase                   Owner Occupied         Single Family             1             EMC              NO
FORT BRANCH            Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOPKINSVILLE           Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
DOLTON                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
HENDERSON              Purchase                   Owner Occupied         Single Family             1             EMC              NO
RIVERSIDE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PACOIMA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
FONTANA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BANNING                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BANNING                Purchase                   Owner Occupied         Single Family             1             EMC              NO
ADELANTO               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ANAHEIM                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
CORONA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
COMPTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
HELENDALE AREA         Purchase                   Owner Occupied         PUD                       1             EMC              NO
HESPERIA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
ANAHEIM                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
(SAUGUS AREA) L        Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ANAHEIM                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ELMWOOD                Purchase                   Owner Occupied         2-4 Family                3             EMC              NO
PERRIS                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
RIALTO                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
ORANGE (CITY)          Purchase                   Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Purchase                   Owner Occupied         Condominium               1             EMC              NO
ORANGE                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
AURORA                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
FONTANA AREA           Purchase                   Owner Occupied         Single Family             1             EMC              NO
WINNETKA AREA          Purchase                   Owner Occupied         Single Family             1             EMC              NO
BELLFLOWER             Purchase                   Owner Occupied         Single Family             1             EMC              NO
POMONA                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
MURRIETA               Purchase                   Owner Occupied         Single Family             1             EMC              NO
LAKE FOREST            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
WEST COVINA            Purchase                   Owner Occupied         Single Family             1             EMC              NO
FONTANA                Purchase                   Owner Occupied         Single Family             1             EMC              NO
PARAMOUNT              Purchase                   Owner Occupied         Single Family             1             EMC              NO
ANTIOCH                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Purchase                   Owner Occupied         Single Family             1             EMC              NO
WESTMINSTER            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SUISUN CITY            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
FONTANA                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HEMET                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LINDEN                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Purchase                   Owner Occupied         Single Family             1             EMC              NO
LADERA RANCH AR        Purchase                   Owner Occupied         Condominium               1             EMC              NO
RIVERSIDE              Purchase                   Owner Occupied         Single Family             1             EMC              NO
ANAHEIM                Purchase                   Owner Occupied         PUD                       1             EMC              NO
MORENO VALLEY          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MORENO VALLEY          Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
OAKLAND                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ORANGE                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
HIGHLAND AREA          Purchase                   Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
BAKERSFIELD            Purchase                   Owner Occupied         2-4 Family                2             EMC              NO
GRAND TERRACE          Purchase                   Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Purchase                   Owner Occupied         Single Family             1             EMC              NO
RIALTO                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN BERNARDINO         Purchase                   Owner Occupied         Condominium               1             EMC              NO
GARDEN GROVE           Rate/Term Refinance        Owner Occupied         Condominium               1             EMC              NO
GARDENA                Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LOS ANGELES            Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
NORWALK                Purchase                   Owner Occupied         Single Family             1             EMC              NO
BEAUMONT               Purchase                   Owner Occupied         PUD                       1             EMC              NO
SOUTH GATE             Cash Out Refinance         Owner Occupied         2-4 Family                2             EMC              NO
SANTA ANA              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
SANTA ANA              Purchase                   Owner Occupied         Condominium               1             EMC              NO
RIALTO                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
RIVERSIDE              Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
PERRIS                 Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
ANAHEIM                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SANTA CLARITA          Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN FERNANDO           Purchase                   Owner Occupied         Single Family             1             EMC              NO
ANAHEIM                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SARATOGA SPRING        Purchase                   Owner Occupied         Single Family             1             EMC              NO
CHICAGO                Purchase                   Owner Occupied         Condominium               1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         Single Family             1             EMC              NO
SAN ANTONIO            Purchase                   Owner Occupied         Single Family             1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
CROSBY                 Purchase                   Owner Occupied         PUD                       1             EMC              NO
HOUSTON                Purchase                   Owner Occupied         PUD                       1             EMC              NO
HUTTO                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
HI HAT                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
WYLIE                  Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
MURFREESBORO           Purchase                   Owner Occupied         Single Family             1             EMC              NO
BLUE RIDGE             Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
LARGO                  Purchase                   Owner Occupied         PUD                       1             EMC              NO
KINGMAN                Purchase                   Owner Occupied         Single Family             1             EMC              NO
WAMEGO                 Purchase                   Owner Occupied         Single Family             1             EMC              NO
KANSAS CITY            Purchase                   Owner Occupied         Single Family             1             EMC              NO
LEES SUMMIT            Purchase                   Owner Occupied         PUD                       1             EMC              NO
HESPERIA               Purchase                   Investor               Single Family             1             EMC              NO
TOWNSEND               Cash Out Refinance         Owner Occupied         Single Family             1             EMC              NO
YUBA CITY              Purchase                   Owner Occupied         Single Family             1             EMC              NO

    
    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      C

     

    FORM
      OF TRANSFER AFFIDAVIT AND AGREEMENT

     

    Affidavit
      pursuant to Section 860E(e)(4) of the Internal Revenue Code of 1986, as amended,
      and for other purposes

    

    
      	
              STATE
                OF NEW YORK

            	
              )

            	 
	 	
              )

            	
              ss.:

            
	
              COUNTY
                OF NEW YORK

            	
              )

            	 

    

     

    The
      undersigned is the [Title of Officer] of [Name of Transferee] (the “Investor”),
      the proposed transferee of an Ownership Interest in the Bear Stearns Asset
      Backed Securities I LLC Asset-Backed Certificates, Series 2007-FS1, Class
      [R-1][R-2][R-3][RX] Certificates (the “Certificates”) issued pursuant to the
      Pooling and Servicing Agreement, dated as of February 1, 2007 (the “Agreement”),
      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”),
      and
      makes this affidavit on behalf of the Investor for the benefit of the Depositor
      and the Trustee. Capitalized terms used, but not defined herein, shall have
      the
      meanings ascribed to such terms in the Agreement. 

     

    1.  The
      Investor is, as of the date hereof, and will be, as of the date of the Transfer,
      a Permitted Transferee. The Investor is not acquiring its ownership interest
      in
      the Certificates for the account of a Person other than a Permitted Transferee.
      

     

    2.  The
      Investor has been advised and understands that (i) a tax will be imposed on
      Transfers of the Certificates to Persons that are not Permitted Transferees;
      (ii) such tax will be imposed on the transferor, or, if such Transfer is
      through an agent (which includes a broker, nominee or middleman) for a Person
      that is not a Permitted Transferee, on the agent; and (iii) the Person
      otherwise liable for the tax shall be relieved of liability for the tax if
      a
      subsequent transferee furnishes to such Person an affidavit that such subsequent
      transferee is a Permitted Transferee, and at the time of Transfer, such Person
      does not have actual knowledge that the affidavit is false.

     

    3.  The
      Investor has been advised and understands that a tax will be imposed on a
“pass-through entity” holding the Certificates if at any time during the taxable
      year of the pass-through entity a Person that is not a Permitted Transferee
      is
      the record holder of an interest in such entity. The Investor understands that
      such tax will not be imposed for any period with respect to which the record
      holder furnishes to the pass-through entity an affidavit that such record holder
      is a Permitted Transferee and the pass-through entity does not have actual
      knowledge that such affidavit is false. (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
      and, except as may be provided in Treasury regulations, Persons holding
      interests in pass-through entities as a nominee for another
      Person.)

     

    4.  The
      Investor has reviewed the provisions of Section 6.02(i) of the Agreement and
      understands the legal consequences of the acquisition of an Ownership Interest
      in the Certificates, including, without limitation, the restrictions on
      subsequent Transfers and the provisions regarding voiding any prohibited
      Transfers and mandatory sales. The Investor expressly agrees to be bound by,
      and
      to abide by, such provisions of the Agreement and the restrictions noted on the
      face of the Certificates. The Investor understands and agrees that any breach
      of
      any of the representations included herein shall render the Transfer of the
      Certificates to the Investor contemplated hereby null and void. The Investor
      consents to any amendment of the Agreement that shall be deemed necessary by
      the
      Depositor (upon advice of nationally recognized counsel) to constitute a
      reasonable arrangement to ensure that the Certificates will not be owned
      directly or indirectly by a Person other than a Permitted
      Transferee.

     

    5.  The
      Investor agrees not to Transfer the Certificates, or cause the Transfer of
      the
      Certificates by a Person for whom the Investor is acting as nominee, trustee
      or
      agent, in each case unless it has received an affidavit and agreement in
      substantially the same form as this affidavit and agreement containing these
      same representations and covenants from the subsequent transferee. In connection
      with any such Transfer by the Investor, the Investor agrees to deliver to the
      Trustee and the Depositor an
      affidavit
      substantially in the form set forth as Exhibit R to the Agreement to the
      effect that the Investor has no actual knowledge that the Person to which the
      Transfer is to be made is not a Permitted Transferee.

     

    6.  The
      Investor has historically paid its debts as they have come due, intends to
      pay
      its debts as they come due in the future, and understands that the taxes
      associated with holder an ownership interest in the Certificates may exceed
      the
      cash flow with respect thereto in some or all periods and intends to pay such
      taxes as they become due. The Investor does not have the intention, and no
      purpose of the Transfer of the Certificates to the Investor is, to impede the
      assessment or collection of any tax legally required to be paid with respect
      to
      the Certificates.

     

    7.  The
      Investor’s U.S. taxpayer identification number is [_____________].

     

    8.  The
      Investor is a “United States person” within the meaning of Section 7701(a)(30)
      of the Code (a “United State Person”).

     

    9.  The
      Investor is aware that the Certificates may be a “noneconomic residual interest”
within the meaning of Treasury regulations promulgated under Section 860E of
      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 was to impede the assessment
      or
      collection of tax.

     

    10.  The
      Investor will not cause income from the Certificates to be attributable to
      a
      foreign permanent establishment or fixed base, within the meaning of an
      applicable income tax treaty, of the Investor or any other United States
      Person.

     

    11.  Check
      one
      of the following:

     

      The
      Transfer of the Certificates complies with U.S. Treasury Regulation Sections
      1.860E-1(c)(7) and (8) and, accordingly:

     

    (i) the
      present value of the anticipated tax liabilities associated with holding the
      Certificates does not exceed the sum of:

     

    
      	 	
              (a)

            	
              the
                present value of any consideration given to the Investor to acquire
                such
                Certificates;

            

    

     

    
      	 	
              (b)

            	
              the
                present value of the expected future distributions on such Certificates;
                and

            

    

     

    
      	 	
              (c)

            	
              the
                present value of the anticipated tax savings associated with holding
                such
                Certificates as the related REMIC generates losses;
                and

            

    

     

    (ii) the
      Transfer of the Certificates will not result in such Certificates being held,
      directly or indirectly, by a foreign permanent establishment or fixed base,
      within the meaning of an applicable income tax treaty, of the Investor or any
      other United States Person.

     

    For
      purposes of the calculation in clause (i) above, (x) the Investor is assumed
      to
      pay tax at the highest rate currently specified in Section 11(b)(1) of the
      Code
      (but the tax rate in Section 55(b)(1)(B) of the Code may be used in lieu of
      the highest rate specified in Section 11(b)(1) of the Code if the Investor
      has
      been subject to the alternative minimum tax under Section 55 of the Code in
      the
      preceding two years and will compute its taxable income in the current taxable
      year using the alternative minimum tax rate) and (y) present values are computed
      using a discount rate equal to the short-term Federal rate prescribed by Section
      1274(d) of the Code for the month of the transfer and the compounding period
      used by the Investor.

     

    o  The
      Transfer
      of the Certificates complies with U.S. Treasury Regulation Sections
      1.860E-1(c)(5) and (6) and, accordingly:

     

    
      	 	
              (i)

            	
              the
                Investor is an “eligible corporation,” as defined in U.S. Treasury
                Regulation Section 1.860E-1(c)(6)(i), as to which income from the
                Certificates will only be taxed in the United
                States;

            

    

     

    
      	 	
              (ii)

            	
              at
                the time of the Transfer, and at the close of the Investor’s two fiscal
                years preceding the fiscal year of the transfer, the Investor had
                gross
                assets for financial reporting purposes (excluding any obligation
                of a
                “related person” to the Investor within the meaning of U.S. Treasury
                Regulation Section 1.860E-1(c)(6)(ii) and any other asset the principal
                purpose of which is to permit the Investor to satisfy the condition
                of
                this clause (ii)) in excess of $100 million and net assets in excess
                of
                $10 million;

            

    

     

    
      	 	
              (iii)

            	
              the
                Investor will transfer the Certificates only to another “eligible
                corporation,” as defined in U.S. Treasury Regulation Section
                1.860E-1(c)(6)(i), in a transaction in which the requirements of
                U.S. Treasury Regulation Sections 1.860E-1(c)(4)(i), (ii) and (iii)
                and -1(c)(5) are satisfied and, accordingly, the subsequent transferee
                provides a similar affidavit with this box checked;
                and

            

    

     

    
      	 	
              (iv)

            	
              the
                Investor determined the consideration paid to it to acquire the
                Certificates based on reasonable market assumptions (including, but
                not
                limited to, borrowing and investment rates, prepayment and loss
                assumptions, expense and reinvestment assumptions, tax rates and
                other
                factors specific to the Investor) that it has determined in good
                faith and
                has concluded that such consideration, together with other assets
                of the
                Investor, will be sufficient to cover the taxes associated with the
                Certificates.

            

    

     

    o  None
      of the
      above.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    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 1511

    Chicago,
      Illinois 60603

     

    Attention:
      Bear Stearns Asset Backed Securities Trust 2007-FS1

     

    
      	
              Re:

            	
              Bear
                Stearns Asset Backed Securities I Trust 2007-FS1, Asset-Backed
                Certificates, Series 2007-FS1 (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 2007-FS1, Class _____ (the “Certificates”), issued pursuant
      to the Pooling and Servicing Agreement (the “Pooling and Servicing Agreement”),
      dated as of February 1, 2007, 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 1511

    Chicago,
      Illinois 60603

     

    
      	
              Re:

            	
              Bear
                Stearns Asset Backed Securities I Trust 2007-FS1, Asset-Backed
                Certificates, Series 2007-FS1 (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
                Rule 501(a)(1), (2), (3) or (7) 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)

            	
              either:
                we (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, we have provided the Opinion of Counsel
                required by the Agreement, or (iii) in the case of the Class M-10
                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 M-10 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. 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.

            
	 	 
	 	
              [In
                the case of the Class P, Class CE, Class R-1, Class R-2, Class R-3
                and
                Class RX 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.

              [In
                the case of the Class CE Certificates]: NO
                TRANSFER OF ANY CLASS CE CERTIFICATE SHALL BE MADE UNLESS THE PROPOSED
                TRANSFEREE OF SUCH CLASS CE CERTIFICATE PROVIDES TO THE TRUSTEE THE
                APPROPRIATE TAX CERTIFICATION FORM THAT WOULD ELIMINATE ANY WITHHOLDING
                OR
                DEDUCTION FOR TAXES FROM AMOUNTS PAYABLE TO THE SWAP ADMINISTRATOR,
                ON
                BEHALF OF THE SUPPLEMENTAL INTEREST TRUST, PURSUANT TO THE INTEREST
                RATE
                SWAP AGREEMENT BY THE SWAP PROVIDER (I.E., IRS FORM W-9 OR IRS FORM
                W-8BEN, W-8IMY, W-8EXP OR W-8ECI, AS APPLICABLE (OR ANY SUCCESSOR
                FORM
                THERETO)) 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 SUCH FORM HAS BECOME OBSOLETE OR
                INCORRECT, AND IN THE CASE OF ANY TRANSFER OF THE CLASS CE CERTIFICATES
                THAT WOULD CAUSE THE SUPPLEMENTAL INTEREST TRUST TO BE BENEFICIALLY
                OWNED
                BY TWO OR MORE PERSONS FOR FEDERAL INCOME TAX PURPOSES, AGREES TO
                COMPLY
                WITH SUCH OTHER PROVISIONS IN THE AGREEMENT AS MAY APPLY IN SUCH
                CASE,
                EACH AS A CONDITION TO SUCH TRANSFER. UNDER THE AGREEMENT, UPON RECEIPT
                OF
                ANY SUCH TAX CERTIFICATION FORM FROM A TRANSFEREE OF ANY CLASS CE
                CERTIFICATE, THE TRUSTEE SHALL FORWARD SUCH TAX CERTIFICATION FORM
                PROVIDED TO IT TO THE SUPPLEMENTAL INTEREST TRUST TRUSTEE. THE
                SUPPLEMENTAL INTEREST TRUST TRUSTEE SHALL FORWARD SUCH TAX CERTIFICATION
                FORM PROVIDED TO IT TO THE SWAP PROVIDER. EACH HOLDER OF A CLASS
                CE
                CERTIFICATE AND EACH TRANSFEREE THEREOF SHALL BE DEEMED TO HAVE CONSENTED
                TO THE SUPPLEMENTAL INTEREST TRUST TRUSTEE FORWARDING TO THE SWAP
                PROVIDER
                ANY SUCH TAX CERTIFICATION FORM IT HAS PROVIDED AND UPDATED IN ACCORDANCE
                WITH THESE TRANSFER RESTRICTIONS. ANY PURPORTED SALES OR TRANSFERS
                OF ANY
                CLASS CE CERTIFICATE TO A TRANSFEREE WHICH DOES NOT COMPLY WITH THESE
                REQUIREMENTS SHALL BE DEEMED NULL AND VOID UNDER 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 February 1, 2007, 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 1511

    Chicago,
      Illinois 60603

     

    
      	
              Re:

            	
              Bear
                Stearns Asset Backed Securities I Trust 2007-FS1, Asset-Backed
                Certificates, Series 2007-FS1 (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 February 1, 2007, 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, pursuant
      to which the Certificates were issued.

     

    The
      undersigned certifies that either: (i) it 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, it has provided the Opinion of Counsel required by the
      Agreement, or (iii) in the case of the Class M-10 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): _______________________________________

    

    

      

      
        1 A
          purchase by an insurance company for one or more of its separate accounts,
          as
          defined by Section 2(a)(37) of the Investment Company Act of 1940, which
          are
          neither registered nor required to be registered thereunder, shall be deemed
          to
          be a purchase for the account of such insurance
          company.

      

    

    

    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 1511

            
	 	
              Chicago,
                Illinois 60603

            

    

     

    
      	
              RE:

            	
              Pooling
                and Servicing Agreement, dated as of February 1, 2007, 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

    

    [Provided
      upon request]

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      I

     

    Schedule
      of Mortgage Loans with Lost Notes

    

    [Provided
      upon request]

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      J

     

    CUSTODIAL
      AGREEMENT

     

    THIS
      CUSTODIAL AGREEMENT (as amended and supplemented from time to time, the
“Agreement”), dated as of February 28, 2007, 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 February 1, 2007, relating to
      the
      issuance of Bear Stearns Asset Backed Securities I Trust 2007-FS1, Asset-Backed
      Certificates, Series 2007-FS1 (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 February 28, 2007. 

    

    “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 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 second 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 2008, 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. 

     

    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.

     

    In
      the
      event the Custodian is terminated under, or resigns pursuant to, the terms
      of
      this Agreement, the Custodian shall provide an Assessment of Compliance and
      cause to be provided an Attestation Report pursuant to this Section 4.4
      notwithstanding any such termination or resignation.

     

    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 1511

              Chicago,
                Illinois 60603

              Attention:
                BSABS I Trust, Series 2007-FS1

            	
              LASALLE
                BANK NATIONAL ASSOCIATION, not individually but solely as
                Trustee

              By:_________________________________

              Name: 

              Title: 

            
	 	 
	
              Address:

              2571
                Busse Rd., Suite 200

              Elk
                Grove Village, Illinois 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: 

              Title:  

            
	 	 
	
              Address:

              2780
                Lake Vista Drive

              Lewisville,
                Texas 75067

              Facsimile:
                (469)759-4714

              Attention:
                General Counsel

            	
              EMC
                MORTGAGE CORPORATION

              By:_________________________________

              Name: 

              Title: 

            
	 	 
	
              Address:

              Master
                Funding

              2780
                Lake Vista Drive,

              Lewisville,
                Texas
                75067

              Facsimile:
                (214) 626-4889

              Attention:
                Mark Novachek

            	
              MASTER
                FUNDING LLC

              By:_________________________________

              Name: 

              Title: 

            
	 	 

    

    

     

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    
      	
              STATE
                OF ILLINOIS

            	
              )

            	 
	 	
              )

            	
              ss.:

            
	
              COUNTY
                OF COOK

            	
              )

            	 

    

    

     

    On
      the
      28th
      day of
      February, 2007 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
      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
      28th
      day of
      February, 2007 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
      28th
      day of
      February, 2007 before me, a notary public in and for said State, personally
      appeared _________________, known to me to be a(n) _______________ 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
      28th
      day of
      February, 2007 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
      28th
      day of
      February, 2007 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

     

    February
      28, 2007

     

    LaSalle
      Bank National Association   

    135
      South
      LaSalle Street, Suite 1511    

    Chicago,
      Illinois 60603     

     

    EMC
      Mortgage Corporation

    2780
      Lake
      Vista Drive

    Lewisville,
      Texas 75067

    Attention:
      Janan Weeks

     

    Attention:
      Bear Stearns Asset Backed Securities I LLC, Series 2007-FS1

     

    
      	
              Re:

            	
              Custodial
                Agreement, dated as of February 28, 2007, 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 2007-FS1, Asset-Backed
                Certificates, Series 2007-FS1

            

    

    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

    (Provided
      Upon Request)

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    EXHIBIT
      TWO

     

    FORM
      OF
      CUSTODIAN INTERIM CERTIFICATION

     

    [DATE]

     

    LaSalle
      Bank National Association   

    135
      South
      LaSalle Street, Suite 1511    

    Chicago,
      Illinois 60603     

     

    EMC
      Mortgage Corporation

    2780
      Lake
      Vista Drive

    Lewisville,
      Texas 75067

    Attention:
      Janan Weeks

     

    Attention:
      Bear Stearns Asset Backed Securities I LLC, Series 2007-FS1

     

    
      	
              Re:

            	
              Custodial
                Agreement, dated as of February 28, 2007, 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 2007-FS1, Asset-Backed
                Certificates, Series 2007-FS1

            	 

    

    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 February 28, 2007
      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 1511    

    Chicago,
      Illinois 60603     

     

    EMC
      Mortgage Corporation

    2780
      Lake
      Vista Drive

    Lewisville,
      Texas 75067

    Attention:
      Janan Weeks

     

    Attention:
      Bear Stearns Asset Backed Securities I LLC, Series 2007-FS1

     

    
      	
              Re:

            	
              Custodial
                Agreement, dated as of February 28, 2007, 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 2007-FS1, Asset-Backed
                Certificates, Series 2007-FS1

            	 

    

    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 February 28, 2007
      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 February 28, 2007, 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 2007-FS1, Asset-Backed
                Certificates, Series 2007-FS1

            	 

    

     

    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

            	
              √2 

            
	
               

               

               

               

               

              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.

            	 

    

    

    

    

    

    

      

      
        2
          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 February 28, 2007, 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 2007-FS1, Asset-Backed
      Certificates, Series 2007-FS1 (the “Certificates”),
      under
      a pooling and servicing agreement, to be dated as of February 1, 2007 (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 February 26, 2007, relating to certain
      classes of the Certificates. The “Prospectus
      Supplement”
shall
      mean the final supplement, dated February 27, 2007, to the Prospectus, dated
      December 18, 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 February 26,
      2007, 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). 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:
      February 28, 2007.

     

    Custodial
      Agreement:
      An
      agreement, dated as of February 28, 2007, 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:
      February 1, 2007.

     

    Cut-off
      Date Balance:
      Shall
      mean $385,997,874.77. 

    

    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. 

     

    Group
      II Mortgage Loans:
      The
      Mortgage Loans with respect to Loan Group II.

     

    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.

    
      

      
        * Please
          contact Bear Stearns for pricing information.

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

    

    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), net of any Servicing Advances and Advances attributable to
      principal and payable to the purchaser of the Mortgage Loan
      if such purchaser is also the Master Servicer of such Mortgage Loan,
      (ii) accrued and unpaid interest thereon at the applicable Mortgage Rate through
      and including the last day of the month of such purchase, net of any
      portion of the Servicing Fee and any Servicing Advances and
      Advances attributable to interest that is payable to the purchaser of the
      Mortgage Loan if such purchaser is also the Master Servicer of such
      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.

     

    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. 

     

    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 Cut-off Date Balance, and each
      Mortgage Loan Seller’s interest in the 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. The Mortgage Loan Schedule shall be delivered
      to the Purchaser on the Closing Date and shall be in form and substance mutually
      agreed to by EMC (on its own behalf as a Mortgage Loan Seller and on behalf
      of
      Master Funding) and the Purchaser. 

     

    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 each 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)  [No
      Group
      II Mortgage Loan is a balloon loan that has an original stated maturity of
      less
      than seven (7) years.

     

    (aa)  No
      Group
      II Mortgage Loan that was originated on or after October 31, 2004 is subject
      to
      mandatory arbitration except when the terms of the arbitration also contain
      a
      waiver provision that provides that in the event of a sale or transfer of the
      Group II Loan or interest in the Group II Loan to Fannie Mae, the terms of
      the
      arbitration are null and void and cannot be reinstated. EMC hereby covenants
      that the seller or servicer of the Group II Loan, as applicable, will notify
      the
      borrower in writing within 60 days of the sale or transfer of the Group II
      Loan
      to Fannie Mae that the terms of arbitration are null and void.

     

    (bb)  With
      respect to the Group II Loans, no borrower was encouraged or required to select
      a Group II Loan product which is a higher cost product designed for less
      creditworthy borrowers, unless at the time of the Group II Loan’s origination,
      such borrower did not qualify taking into account credit history and
      debt-to-income ratios for a lower-cost credit product then offered by the Group
      II Loan’s originator or any affiliate of that originator. If, at the time of
      loan application, the borrower may have qualified for a lower-cost product
      than
      offered by any mortgage lending affiliate of the Group II Loan’s originator, the
      Group II Loan’s originator referred the borrower’s application to such affiliate
      for underwriting consideration.

     

    (cc)  With
      respect to the Group II Mortgage Loans, the methodology used in underwriting
      the
      extension of credit for each such Mortgage Loan employs objective mathematical
      principles which relate the borrower’s income, assets and liabilities to the
      proposed payment and such underwriting methodology does not rely on the extent
      of the borrower’s equity in the collateral as the principal determining factor
      in approving such credit extension. Such underwriting methodology confirmed
      that
      at the time of origination (application/approval) the borrower had a reasonable
      ability to make timely payments on the Group II Loan.

     

    (dd)  With
      respect to the Group II Mortgage Loans, that contains a provision permitting
      imposition of a premium upon a prepayment prior to maturity: (i) prior to the
      loan’s origination, the borrower agreed to such premium in exchange for a
      monetary benefit, including but not limited to a rate or fee reduction, (ii)
      prior to the loan’s origination, the borrower was offered the option of
      obtaining a mortgage loan that did not require payment of such a premium, (iii)
      the prepayment premium is disclosed to the borrower in the loan documents
      pursuant to applicable state and federal law, (iv) the duration of the
      prepayment period shall not exceed three (3) years from the date of the note,
      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.

     

    (ee)  With
      respect to the Group II Mortgage Loans, no borrower was required to purchase
      any
      single premium credit insurance policy (e.g., life, mortgage, disability,
      accident unemployment or health insurance product) or debt cancellation
      agreement as a condition of obtaining the extension of credit. No borrower
      obtained a prepaid single-premium credit insurance policy (e.g., life, mortgage,
      disability, accident, unemployment or health insurance product) or debt
      cancellation agreement in connection with the origination of a Group II Loan;
      No
      proceeds from any Group II Loan were used to purchase single premium credit
      insurance policies or debt cancellation agreements as part of the origination
      of, or as a condition to closing, such Group II Loan.

     

    (ff)  All
      points and fees related to each Group II Mortgage Loan were disclosed in writing
      to the borrower in accordance with applicable state and federal law and
      regulation. No borrower was charged “points and fees” (whether or not financed)
      in an amount greater than 5% of the principal amount of such loan, such 5%
      limitation is calculated in accordance with Fannie Mae’s anti-predatory lending
      requirements as set forth in the Fannie Mae Selling Guide. 

     

    (gg)  All
      fees
      and charges (including finance charges) and whether or not financed, assessed,
      collected or to be collected in connection with the origination and servicing
      of
      each Group II Mortgage Loan has been disclosed in writing to the borrower in
      accordance with applicable state and federal law and regulation.

     

      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. 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, the Prospectus Supplement and
      the
      Free Writing Prospectus, (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 Free Writing Prospectus, 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: General Counsel;
      notices to Master Funding shall be directed to Master Funding LLC, 2780 Lake
      Vista Drive, Lewisville, Texas 75067 (Facsimile: (214)626-4889) Attention:
      Mark
      Novachek; 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 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.
      EMC
      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.
      Master
      Funding will keep in full force and effect its existence, all rights and
      franchises as a limited liability company under the laws of the State of its
      formation and will obtain and preserve its qualification to do business as
      a
      foreign limited liability company 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:

            	
              Baron
                Silverstein

            
	
              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 2007-FS1,” 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, 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 2007-FS1,” 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 (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 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 (o)
      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 Free Writing Prospectus, Prospectus Supplement and the
      Prospectus, except the Mortgage Loan Sellers’ Information. 

     

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      5

     

    SCHEDULE
      OF LOST NOTES

     

    Available
      Upon Request

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      EXHIBIT
        6

       

      REVISED
        October 20, 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

              
	
                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

              
	
                Indiana

              	
                Indiana
                  Home Loan Practices Act, Ind. Code Ann. §§ 24-9-1-1 et seq.

                Effective
                  January 1, 2005; amended by 2005 HB 1179, effective July 1, 2005.
                  

              	
                High
                  Cost Home Loans 

              
	
                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

              
	
                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

              
	
                Rhode
                  Island

              	
                Rhode
                  Island Home Loan Protection Act, R.I. Gen. Laws §§ 34-25.2-1 et seq.

                Effective
                  December 31, 2006. 

              	
                High
                  Cost 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

              	
                High
                  Cost Home Loan

              
	
                Tennessee

              	
                Tennessee
                  Home Loan Protection Act, Tenn. Code Ann. §§ 45-20-101 et seq.

                Effective
                  January 1, 2007.

              	
                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

     

    

    
      	
              Class

            	
              S&P

            	
              Moody’s

            
	
              I-A-1

            	
              AAA

            	
              Aaa

            
	
              I-A-2

            	
              AAA

            	
              Aaa

            
	
              I-A-3

            	
              AAA

            	
              Aaa

            
	
              I-A-4

            	
              AAA

            	
              Aaa

            
	
              II-A

            	
              AAA

            	
              Aaa

            
	
              M-1

            	
              AA+

            	
              Aa1

            
	
              M-2

            	
              AA

            	
              Aa2

            
	
              M-3

            	
              AA-

            	
              Aa3

            
	
              M-4

            	
              A+

            	
              A1

            
	
              M-5

            	
              A

            	
              A2

            
	
              M-6

            	
              A-

            	
              A3

            
	
              M-7

            	
              BBB+

            	
              Baa1

            
	
              M-8

            	
              BBB

            	
              Baa2

            
	
              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.

     

    

    Private
      Certificates

    

    
      	
              Class

            	
              S&P

            	
              Moody’s

            
	
              M-10

            	
              BB+

            	
              Ba1

            
	
              CE

            	
              Not
                Rated

            	
              Not
                Rated

            
	
              P

            	
              Not
                Rated

            	
              Not
                Rated

            
	
              R-1

            	
              Not
                Rated

            	
              Not
                Rated

            
	
              R-2

            	
              Not
                Rated

            	
              Not
                Rated

            
	
              R-3

            	
              Not
                Rated

            	
              Not
                Rated

            
	
              RX

            	
              Not
                Rated

            	
              Not
                Rated

            

    

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    EXHIBIT
      M

     

    SWAP
      AGREEMENT

     

    
      	
              DATE:

            	
              February
                28, 2007

            
	 	 
	
              TO:

            	
              LaSalle
                Bank National Association, not individually, but solely as Supplemental
                Interest Trust Trustee on behalf of the Supplemental Interest Trust
                with
                respect to the Bear Stearns Asset Backed Securities I Trust 2007-FS1,
                Asset-Backed Certificates, Series 2007-FS1

            
	 	 
	
              ATTENTION:

            	
              Global
                Securities and Trust Services - BSABS 07-FS1

            
	
              TELEPHONE:

            	
              312-992-4855

            
	
              FACSIMILE:

            	
              312-904-1368

            
	 	 
	
              FROM:

            	
              ABN
                AMRO Bank N.V.

            
	
              TELEPHONE:

            	
              312-904-5214

            
	
              FACSIMILE: 

            	
              312-904-0392

            
	 	 
	
              SUBJECT:

            	
              Fixed
                Income Derivatives Confirmation 

            
	 	 
	
              REFERENCE
                NUMBER:

            	
              5281993

            

    

    

    The
      purpose of this long-form confirmation (“Confirmation”)
      is to
      confirm the terms and conditions of the current Transaction entered into on
      the
      Trade Date specified below (the “Transaction”)
      between
      ABN AMRO Bank N.V. (“Party
      A”) and
      LaSalle Bank National Association, not individually, but solely as trustee
      (the
“Supplemental
      Interest Trust Trustee”)
      on
      behalf of the supplemental interest trust with respect to the Bear Stearns
      Asset
      Backed Securities I Trust 2007-FS1, Asset-Backed Certificates, Series 2007-FS1
      (the “Supplemental
      Interest Trust”
or
      “Party
      B”),
      created under the Pooling and Servicing Agreement, dated as of February 1,
      2007,
      among Bear Stearns Asset Backed Securities I LLC, as depositor (the
“Depositor”),
      EMC
      Mortgage Corporation, as seller, (in that capacity, the “Seller”)
      and as
      master servicer (in that capacity, the “Master
      Servicer”),
      and
      LaSalle Bank National Association, as trustee (the “Trustee”)
      (the
“Pooling
      and Servicing Agreement”).
      This
      Confirmation evidences a complete and binding agreement between you and us
      to
      enter into the Transaction on the terms set forth below and replaces any
      previous agreement between us with respect to the subject matter hereof. This
      Confirmation constitutes a “Confirmation”
      and also
      constitutes a “Schedule”
      as
      referred to in the ISDA Master Agreement, and Paragraph 13 of a Credit Support
      Annex to the Schedule. 

    

    
      	1.  	
              This
                Confirmation shall supplement, form a part of, and be subject to
                an
                agreement in the form of the ISDA Master Agreement (Multicurrency
                - Cross
                Border) as published and copyrighted in 1992 by the International
                Swaps
                and Derivatives Association, Inc. (the “ISDA
                Master Agreement”),
                as if Party A and Party B had executed an agreement in such form
                on the
                date hereof, with a Schedule as set forth in Item 3 of this Confirmation,
                and an ISDA Credit Support Annex (Bilateral Form - ISDA Agreements
                Subject
                to New York Law Only version) as published and copyrighted in 1994
                by the
                International Swaps and Derivatives Association, Inc., with Paragraph
                13
                thereof as set forth in Annex A hereto (the “Credit
                Support Annex”).
                For the avoidance of doubt, the Transaction described herein shall
                be the
                sole Transaction governed by such ISDA Master Agreement. In the event
                of
                any inconsistency among any of the following documents, the relevant
                document first listed shall govern: (i) this Confirmation, exclusive
                of
                the provisions set forth in Item 3 hereof and Annex A hereto; (ii)
                the
                provisions set forth in Item 3 hereof, which are incorporated by
                reference
                into the Schedule; (iii) the Credit Support Annex; (iv) the Definitions;
                and (v) the ISDA Master Agreement.

            

    

    

    Each
      reference herein 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 Master Agreement; each herein reference
      to
      a “Part” will be construed as a reference to the provisions herein deemed
      incorporated in a Schedule to the ISDA Master Agreement; each reference herein
      to a “Paragraph” will be construed as a reference to a Paragraph of the Credit
      Support Annex.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              2.

            	
              The
                terms of the particular Transaction to which this Confirmation relates
                are
                as follows:

            

    

    

    
      	
              Type
                of Transaction:

            	
              Interest
                Rate Swap

            
	 	 
	
              Notional
                Amount:

            	
              With
                respect to any Calculation Period, the amount set forth for such
                period on
                Schedule I attached hereto.

            
	 	 
	
              Trade
                Date:

            	
              February
                23, 2007

            
	 	 
	
              Effective
                Date:

            	
              February
                28, 2007

            
	 	 
	
              Termination
                Date:

            	
              February
                25, 2012, subject to adjustment in accordance with the Business Day
                Convention; provided, however, that for the purpose of determining
                the
                final Fixed Rate Payer Period End Date, Termination Date shall be
                subject
                to No Adjustment. 

            
	 	 
	
              Fixed
                Amounts:

            	 
	 	 
	
              Fixed
                Rate Payer:

            	
              Party
                B

            
	 	 
	
              Fixed
                Rate Payer

            	 
	
              Period
                End Dates:

            	
              The
                25th
                calendar day of each month during the Term of this Transaction, commencing
                March 25, 2007, and ending on the Termination Date, with no
                Adjustment.

            
	
              Fixed
                Rate Payer 

            	 
	
              Payment
                Dates:

            	
              Early
                Payment shall be applicable. One Business Day prior to each Fixed
                Rate
                Payer Period End Date.

            
	 	 
	
              Fixed
                Rate:

            	
              5.108%

            
	 	 
	
              Fixed
                Amount:

            	
              To
                be determined in accordance with the following formula:

            
	 	 
	 	
              Scale
                Factor*Fixed Rate*Notional Amount*Fixed Rate Day Count
                Fraction

            
	 	 
	
              Fixed
                Rate Day 

            	 
	
              Count
                Fraction:

            	
              30/360

            
	 	 
	
              Floating
                Amounts:

            	 
	 	 
	
              Floating
                Rate Payer:

            	
              Party
                A

            
	 	 
	
              Floating
                Rate Payer 

            	 
	
              Period
                End Dates:

            	
              The
                25th
                calendar day of each month during the Term of this Transaction, commencing
                March 25, 2007, and ending on the Termination Date, subject to adjustment
                in accordance with the Business Day Convention.

            
	
              Floating
                Rate Payer 

            	 
	
              Payments
                Dates:

            	
              Early
                Payment shall be applicable. 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:

            
	 	 
	 	
              Scale
                Factor*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

            
	 	 
	
              Business
                Day Convention:

            	
              Following

            
	 	 
	
              Scale
                Factor:

            	
              100

            
	 	 
	
              Calculation
                Agent:

            	
              Party
                A

            
	 	 
	
              Offices:
                The Office of Party A for this Transaction is
                London

            

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              3.

            	
              Provisions
                Deemed Incorporated in a Schedule to the ISDA Master
                Agreement:

            

    

    

    
      	
              Part
                1.

            	
              Termination
                Provisions.

            

    

    

    For
      the
      purposes of this Agreement:-

    

    (a)          
      “Specified
      Entity”
      will not
      apply to Party A or Party B for any purpose. 

    

    
      	
              (b)

            	
              “Specified
                Transaction”
                will have the meaning specified in Section
                14.

            

    

    

    
      	
              (c)

            	
              Events
                of Default.

            

    

    

    The
      statement below that an Event of Default will apply to a specific party means
      that upon the occurrence of such an Event of Default with respect to such party,
      the other party shall have the rights of a Non-defaulting Party under Section
      6
      of this Agreement; conversely, the statement below that such event will not
      apply to a specific party means that the other party shall not have such
      rights.

    

    
      	(i)  	
              The
                “Failure
                to Pay or Deliver”
                provisions of Section 5(a)(i) will apply to Party A and will apply
                to
                Party B; provided, however, that Section 5(a)(i) is hereby amended
                by
                replacing the word “third” with the word “first”; provided, further, that
                notwithstanding anything to the contrary in Section 5(a)(i), any
                failure
                by Party A to comply with or perform any obligation to be complied
                with or
                performed by Party A under the Credit Support Annex shall not constitute
                an Event of Default under Section 5(a)(i) unless (A) a Required Ratings
                Downgrade Event has occurred and been continuing for 30 or more Local
                Business Days, and (B) such failure is not remedied on or before
                the third
                Local Business Day after notice of such failure is given to Party
                A.

            

    

    

    
      	(ii)  	
              The
                “Breach
                of Agreement”
                provisions of Section 5(a)(ii) will apply to Party A and will not
                apply to
                Party B.

            

    

    

    
      	(iii)  	
              The
                “Credit Support Default” provisions of Section 5(a)(iii)
                will apply to Party A and will not apply to Party B except that Section
                5(a)(iii)(1) will apply to Party B solely in respect of Party B’s
                obligations under Paragraph 3(b) of the Credit Support Annex; provided,
                however, that notwithstanding anything to the contrary in Section
                5(a)(iii)(1), any failure by Party A to comply with or perform any
                obligation to be complied with or performed by Party A under the
                Credit
                Support Annex shall not constitute an Event of Default under Section
                5(a)(iii) unless (A) a Required Ratings Downgrade Event has occurred
                and
                been continuing for 30 or more Local Business Days, and (B) such
                failure
                is not remedied on or before the third Local Business Day after notice
                of
                such failure is given to Party A.

            

    

    

    
      	(iv)  	
              The
                “Misrepresentation”
                provisions of Section 5(a)(iv) will apply to Party A and will not
                apply to
                Party B. 

            

    

    

    
      	(v)  	
              The
                “Default
                under Specified Transaction”
                provisions of Section 5(a)(v) will apply to Party A and will not
                apply to
                Party B.

            

    

    

    
      	(vi)  	
              The
                “Cross
                Default”
                provisions of Section 5(a)(vi) will apply to Party A and will not
                apply to
                Party B. For purposes of Section 5(a)(vi), solely with respect to
                Party
                A:

            

    

    

    “Specified
      Indebtedness” will have the meaning specified in Section 14 ,except that such
      term shall not include obligations in respect of deposits received in the
      ordinary course of Party A’s banking business.

    

    "Threshold
      Amount" means with respect to Party A, an amount equal to three percent (3%)
      of
      its total shareholders equity as specified from time to time in the most recent
      Annual Report of ABN AMRO Holding N.V. containing consolidated financial
      statements, prepared in accordance with accounting principles that are generally
      accepted for institutions of its type in the jurisdiction of its organization
      and certified by independent public accountants, or its equivalent in any other
      currency.

    

    
      	(vii)  	
              The
                “Bankruptcy”
                provisions of Section 5(a)(vii) will apply to Party A and will apply
                to
                Party B except that the provisions of Section 5(a)(vii)(2), (6) (to
                the
                extent that such provisions refer to any appointment contemplated
                or
                effected by the Pooling and Servicing Agreement or any appointment
                to
                which Party B has not become subject), (7) and (9) will not apply
                to Party
                B; provided that, with respect to Party B only, Section 5(a)(vii)(4)
                is
                hereby amended by adding after the words “against it” the words
                “(excluding any proceeding or petition instituted or presented by
                Party A
                or its Affiliates)”, and Section 5(a)(vii)(8) is hereby amended by
                deleting the words “to (7) inclusive” and inserting lieu thereof “, (3),
                (4) as amended, (5), (6) as amended, or
                (7)”.

            

    

    

    
      	(viii)  	
              The
                “Merger
                Without Assumption”
                provisions of Section 5(a)(viii) will apply to Party A and will apply
                to
                Party B.

            

    

    

    (d)         
       Termination
      Events.

    

    The
      statement below that a Termination Event will apply to a specific party means
      that upon the occurrence of such a Termination Event, if such specific party
      is
      the Affected Party with respect to a Tax Event, the Burdened Party with respect
      to a Tax Event Upon Merger (except as noted below) or the non-Affected Party
      with respect to a Credit Event Upon Merger, as the case may be, such specific
      party shall have the right to designate an Early Termination Date in accordance
      with Section 6 of this Agreement; conversely, the statement below that such
      an
      event will not apply to a specific party means that such party shall not have
      such right; provided, however, with respect to “Illegality” the statement that
      such event will apply to a specific party means that upon the occurrence of
      such
      a Termination Event with respect to such party, either party shall have the
      right to designate an Early Termination Date in accordance with Section 6 of
      this Agreement.

    

    (i)          
       The
      “Illegality”
      provisions of Section 5(b)(i) will apply to Party A and will apply to Party
      B.

    

    
      	 	
              (ii)

            	
              The
                “Tax
                Event”
                provisions of Section 5(b)(ii) will apply to Party A except that,
                for
                purposes of the application of Section 5(b)(ii) to Party A, Section
                5(b)(ii) is hereby amended by deleting the words “(x) any action taken by
                a taxing authority, or brought in a court of competent jurisdiction,
                on or
                after the date on which a Transaction is entered into (regardless
                of
                whether such action is taken or brought with respect to a party to
                this
                Agreement) or (y)”, and the “Tax
                Event”
                provisions of Section 5(b)(ii) will apply to Party B.
                

            

    

    

    
      	 	
              (iii)

            	
              The
                “Tax
                Event Upon Merger”
                provisions of Section 5(b)(iii) will apply to Party A and will apply
                to
                Party B, provided that Party A shall not be entitled to designate
                an Early
                Termination Date by reason of a Tax Event upon Merger in respect
                of which
                it is the Affected Party.

            

    

    

    
      	 	
              (iv)

            	
              The
                “Credit
                Event Upon Merger”
                provisions of Section 5(b)(iv) will not apply to Party A and will
                not
                apply to Party B.

            

    

    

    
      	
              (e)

            	
              The
                “Automatic
                Early Termination”
                provision of Section 6(a) will not apply to Party A and will not
                apply to
                Party B.

            

    

    

    (f)         
        Payments
      on Early Termination.
      For the
      purpose of Section 6(e) of this Agreement:

    

    
      	(i)  	
              Market
                Quotation will apply, provided, however, that, in the event of a
                Derivative Provider Trigger Event, the following provisions will
                apply:

            

    

    

    
      	 	
              (A)
                

            	
              The
                definition of Market Quotation in Section 14 shall be deleted in
                its
                entirety and replaced with the
                following:

            

    

    

    “Market
      Quotation” means,
      with respect to one or more Terminated Transactions, a Firm Offer which is
      (1)
      made by a Reference Market-maker that is an Eligible Replacement, (2) for an
      amount that would be paid to Party B (expressed as a negative number) or by
      Party B (expressed as a positive number) in consideration of an agreement
      between Party B and such Reference Market-maker to enter into a Replacement
      Transaction, and (3) made on the basis that Unpaid Amounts in respect of the
      Terminated Transaction or group of Transactions are to be excluded but, without
      limitation, any payment or delivery that would, but for the relevant Early
      Termination Date, have been required (assuming satisfaction of each applicable
      condition precedent) after that Early Termination Date is to be
      included.

    

    
      	 	
              (B)

            	
              The
                definition of Settlement Amount shall be deleted in its entirety
                and
                replaced with the following:

            

    

    

    “Settlement
      Amount”
      means,
      with respect to any Early Termination Date, an amount (as determined by Party
      B)
      equal to: 

    

    
      	 	
              (a)

            	
              If
                a Market Quotation for the relevant Terminated Transaction or group
                of
                Terminated Transactions is accepted by Party B so as to become legally
                binding on or before the day falling ten Local Business Days after
                the day
                on which the Early Termination Date is designated, or such later
                day as
                Party B may specify in writing to Party A, but in either case no
                later
                than one Local Business Day prior to the Early Termination Date (such
                day,
                the “Latest Settlement Amount Determination Day”), the Termination
                Currency Equivalent of the amount (whether positive or negative)
                of such
                Market Quotation; 

            

    

    

    
      	 	
              (b)

            	
              If,
                on the Latest Settlement Amount Determination Day, no Market Quotation
                for
                the relevant Terminated Transaction or group of Terminated Transactions
                has been accepted by Party B so as to become legally binding and
                one or
                more Market Quotations from Approved Replacements have been made
                and
                remain capable of becoming legally binding upon acceptance, the Settlement
                Amount shall equal the Termination Currency Equivalent of the amount
                (whether positive or negative) of the lowest of such Market Quotations
                (for the avoidance of doubt, the lowest of such Market Quotations
                shall be
                the lowest Market Quotation of such Market Quotations expressed as
                a
                positive number or, if any of such Market Quotations is expressed
                as a
                negative number, the Market Quotation expressed as a negative number
                with
                the largest absolute value); or

            

    

    

    
      	 	
              (c)

            	
              If,
                on the Latest Settlement Amount Determination Day, no Market Quotation
                for
                the relevant Terminated Transaction or group of Terminated Transactions
                is
                accepted by Party B so as to become legally binding and no Market
                Quotation from an Approved Replacement remains capable of becoming
                legally
                binding upon acceptance, the Settlement Amount shall equal Party
                B’s Loss
                (whether positive or negative and without reference to any Unpaid
                Amounts)
                for the relevant Terminated Transaction or group of Terminated
                Transactions.

            

    

    

    
      	 	
              (C)

            	
              If
                Party B requests Party A in writing to obtain Market Quotations,
                Party A
                shall use its reasonable efforts to do so before the Latest Settlement
                Amount Determination Day.

            

    

    

    
      	 	
              (D)

            	
              If
                the Settlement Amount is a negative number, Section 6(e)(i)(3) shall
                be
                deleted in its entirety and replaced with the
                following:

            

    

    

    “(3)
      Second
      Method and Market Quotation.
      If the
      Second Method and Market Quotation apply, (I) Party B shall pay to Party A
      an
      amount equal to the absolute value of the Settlement Amount in respect of the
      Terminated Transactions, (II) Party B shall pay to Party A the Termination
      Currency Equivalent of the Unpaid Amounts owing to Party A and (III) Party
      A
      shall pay to Party B the Termination Currency Equivalent of the Unpaid Amounts
      owing to Party B; provided, however, that (x) the amounts payable under the
      immediately preceding clauses (II) and (III) shall be subject to netting in
      accordance with Section 2(c) of this Agreement and (y) notwithstanding any
      other
      provision of this Agreement, any amount payable by Party A under the immediately
      preceding clause (III) shall not be netted-off against any amount payable by
      Party B under the immediately preceding clause (I).”

     

    
      	 	
              (E)

            	
              At
                any time on or before the Latest Settlement Amount Determination
                Day at
                which two or more Market Quotations from Approved Replacements remain
                capable of becoming legally binding upon acceptance, Party B shall
                be
                entitled to accept only the lowest of such Market Quotations (for
                the
                avoidance of doubt, the lowest of such Market Quotations shall be
                the
                lowest Market Quotation of such Market Quotations expressed as a
                positive
                number or, if any of such Market Quotations is expressed as a negative
                number, the Market Quotation expressed as a negative number with
                the
                largest absolute value).

            

    

    

    
      	(ii)  	
              The
                Second Method will apply.

            

    

    

    (g)         
       “Termination
      Currency”
      means
      USD.

    

    (h)         
        Additional
      Termination Events.
      Additional Termination Events will apply as provided in Part 5(c).

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Part
      2.  Tax
      Matters.

    

    (a)         
       Tax
      Representations. 

    

    
      	 	
              (i)

            	
              Payer
                Representations.
                For the purpose of Section 3(e) of this Agreement:
                

            

    

     

    (A) Party
      A
      makes the following representation(s):

    

    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 it to the other party under this Agreement. In making this representation,
      it
      may rely on: the accuracy of any representations made by the other party
      pursuant to Section 3(f) of this Agreement; (ii) the satisfaction of the
      agreement 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) Party
      B
      makes the following representation(s):

    

    None.

    

    (ii)        
        Payee
      Representations.
      For the
      purpose of Section 3(f) of this Agreement: 

     

    (A)        
       Party
      A
      makes the following representation(s):

    

    (1)
      It is
      a resident of The Netherlands for the purpose of the application of the existing
      tax treaties between The Netherlands and those countries where offices of Party
      B are located.

    

    (2)
      With
      respect  to
      its
      non-U.S. branches, it is fully eligible for the benefits of the “Business
      Profits” or “Industrial and Commercial Profits” provision, as the case may be,
      the “Interest” provision or the “Other Income” provision (if any) of the
      Specified Treaty with respect to any payment described in such provisions and
      received or to be received by it in connection with this Agreement and no such
      payment is attributable to a trade or business carried on by it through a
      permanent establishment in the Specified Jurisdiction. With respect to Party
      A,
      Specified Treaty means the income tax treaty between the United States and
      The
      Netherlands; Specified Jurisdiction means the United States. 

    

    (3)
      With
      respect to its U.S. branches, each payment received or to be received by it
      in
      connection with this Agreement will be effectively connected with its conduct
      of
      a trade or business in the United States. 

     

    (B)         
       Party
      B
      makes the following representation(s):

    

    None. 

    

    
      	
              (b)

            	
              Tax
                Provisions.

            

    

    

    
      	 	
              (i)

            	
              Gross
                Up.
                Section 2(d)(i)(4) shall not apply to Party B as X, and Section 2(d)(ii)
                shall not apply to Party B as Y, in each case such that Party B shall
                not
                be required to pay any additional amounts referred to
                therein.

            

    

    

    
      	 	
              (ii)

            	
              Indemnifiable
                Tax.
                The definition of “Indemnifiable Tax” in Section 14 is deleted in its
                entirety and replaced with the
                following:

            

    

    

    “Indemnifiable
      Tax”
      means,
      in relation to payments by Party A, any Tax and, in relation to payments by
      Party B, no Tax. 

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Part
      3.  Agreement
      to Deliver Documents.  

    

    (a) For
      the
      purpose of Section 4(a)(i), tax forms, documents, or certificates to be
      delivered are:

    

    
      	
              Party
                required to deliver document

            	
              Form/Document/

              Certificate

            	 	
              Date
                by which to

              be
                delivered

            
	
              Party
                A

            	
              A
                correct, complete and duly executed U.S. Internal Revenue Service
                Form
                W-8BEN (or successor thereto), together with appropriate attachments,
                that
                eliminates U.S. federal withholding and backup withholding Tax on
                payments
                to Party A under this Agreement.

            	 	
              (i)
                before the first Payment Date under this Agreement, (ii) promptly
                upon
                reasonable demand by Party B, and (ii) promptly upon learning that
                any
                such form previously provided has become obsolete or
                incorrect.

            
	 	 	 	 
	
              Party
                B

            	
              A
                United States Internal Revenue Service Form W-9, or any successor
                form,
                and thereafter, the appropriate tax certification form (i.e., IRS
                Form W-9
                or IRS Form W-8BEN, W-8IMY, W-8EXP or W-8ECI, as applicable (or any
                successor form thereto)) with respect to any payments received or
                to be
                received by the beneficial owner of payments to Party B under this
                Agreement from time to time.

            	 	
              (i)
                before the first Payment Date under this Agreement, (ii) promptly
                upon
                reasonable demand by Party A, and (ii) promptly upon learning that
                any
                such form previously provided has become obsolete or
                incorrect.

            

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (b) For
      the
      purpose of Section 4(a)(ii), 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

            
	
              Party
                A and

              Party
                B

            	
              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 the Agreement, this 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 the Agreement, this Confirmation and any Credit Support Document,
                as
                the case may be

            	 	
              Upon
                the execution and delivery of this Agreement

            	
              Yes

            
	 	 	 	 	 
	
              Party
                A and

              Party
                B

            	
              A
                certificate of an authorized officer of the party, as to the incumbency
                and authority of the respective officers of the party signing the
                Agreement, this Confirmation, and any relevant Credit Support Document,
                as
                the case may be

            	 	
              Upon
                the execution and delivery of this Agreement

            	
              Yes

            
	 	 	 	 	 
	
              Party
                A

            	
              Annual
                Report of ABN Amro Holding N.V. containing consolidated financial
                statements certified by independent certified public accountants
                and
                prepared in accordance with generally accepted accounting principles
                in
                the country in which Party A is organized

            	 	
              Promptly
                upon becoming publicly available

            	
              Yes

            
	 	 	 	 	 
	
              Party
                A and Party B

            	
              An
                opinion of counsel to such party reasonably satisfactory in form
                and
                substance to the other party, and, in the case of Party B, opinions
                of
                counsel relating to the Pooling and Servicing Agreement and other
                deal
                documents reasonably satisfactory in form and substance to Party
                A.

            	 	
              Upon
                the execution and delivery of this Agreement

            	
              No

            
	 	 	 	 	 
	
              Party
                B

            	
              An
                executed copy of the Pooling and Servicing Agreement and other deal
                documents related to this Transaction.

            	 	
              Promptly
                upon receipt by Party B

            	
              No

            

    

    

    Part
      4. Miscellaneous. 

    

    
      	
              (a)

            	
              Address
                for Notices:
                For the purposes of Section 12(a) of this
                Agreement:

            

    

    

    Address
      for notices or communications to Party A:

     

    ABN
      AMRO
      Bank N.V., London Branch 

    199
      Bishopsgate, 

    London,
      EC2M 3XW, 

    United
      Kingdom 

    Attention:
       Fixed Income Derivatives Documentation

     

    (For
      all
      purposes)

    

    Address
      for notices or communications to Party B:

    

    
      	
              Address:

            	
              LaSalle
                Bank National Association

            
	 	
              135
                South LaSalle Street, Suite 1511

            
	 	
              Chicago,
                IL 60603

            
	
              Attention:

            	
              Global
                Securities and Trust Services - BSABS 2007-FS1

            
	
              Facsimile:

            	
              312-904-1368

            
	
              Phone:

            	
              312-992-4855

            

    

    

    (For
      all
      purposes)

    

    (b) Process
      Agent.
      For the
      purpose of Section 13(c):

    

    Party
      A
      appoints as its Process Agent: Not applicable.

    

    Party
      B
      appoints as its Process Agent: Not applicable.

    

    
      	
              (c)

            	
              Offices.
                The provisions of Section 10(a) will apply to this
                Agreement.

            

    

    

    
      	
              (d)

            	
              Multibranch
                Party.
                For the purpose of Section 10(c) of this
                Agreement:

            

    

    

    Party
      A
      is a Multibranch Party and may act through its London, Amsterdam and Chicago
      offices.

    

    
      	 	
              Party
                B is not a Multibranch Party.

            

    

    

    
      	
              (e)

            	
              Calculation
                Agent.
                The Calculation Agent is Party A; provided, however, that if an Event
                of
                Default shall have occurred with respect to Party A, Party B shall
                have
                the right to appoint as Calculation Agent a third party, reasonably
                acceptable to Party A, the cost for which shall be borne by Party
                A.

            

    

    

    (f)          
       Credit
      Support Document. 

     

    
      	
              Party
                A:

            	
              The
                Credit Support Annex, and any guarantee in support of Party A’s
                obligations under this Agreement.

            
	 	 
	
              Party
                B:

            	
              The
                Credit Support Annex, solely in respect of Party B’s obligations under
                Paragraph 3(b) of the Credit Support Annex.

            
	 	 

    

    
    

     

    
      	
              (g)

            	
              Credit
                Support Provider.

            

    

    

    
      	
              Party
                A:

            	
              The
                guarantor under any guarantee in support of Party A’s obligations under
                this Agreement.

            
	 	 
	
              Party
                B:

            	
              None.

            

    

    

    
      	
              (h)

            	
              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.

            

    

    

    
      	
              (i)

            	
              Netting
                of Payments.
                The parties agree that subparagraph (ii) of Section 2(c) will apply
                to
                each Transaction hereunder. 

            

    

    

    
      	
              (j)

            	
              Affiliate.“Affiliate”
                shall have the meaning assigned thereto in Section 14; provided,
                however,
                that Party B shall be deemed to have no Affiliates for purposes of
                this
                Agreement, including for purposes of Section
                6(b)(ii).

            

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Part
      5.  Others
      Provisions.

    

    
      	
              (a)

            	
              Definitions.
                Unless
                otherwise specified in a Confirmation, this Agreement and each Transaction
                under this Agreement are subject to the 2000 ISDA Definitions as
                published
                and copyrighted in 2000 by the International Swaps and Derivatives
                Association, Inc. (the “Definitions”),
                and will be governed in all relevant respects by the provisions set
                forth
                in the Definitions, without regard to any amendment to the Definitions
                subsequent to the date hereof. The provisions of the Definitions
                are
                hereby incorporated by reference in and shall be deemed a part of
                this
                Agreement, except that (i) references in the Definitions to a “Swap
                Transaction” shall be deemed references to a “Transaction” for purposes of
                this Agreement, and (ii) references to a “Transaction” in this Agreement
                shall be deemed references to a “Swap Transaction” for purposes of the
                Definitions. Each term capitalized but not defined in this Agreement
                shall
                have the meaning assigned thereto in the Pooling and Servicing
                Agreement.

            

    

     

    (b)          
      Amendments
      to ISDA Master Agreement.

    

    
      	 	
              (i)

            	
              Single
                Agreement.
                Section 1(c) is hereby amended by the adding the words “including, for the
                avoidance of doubt, the Credit Support Annex” after the words “Master
                Agreement”. 

            

    

    

    
      	 	
              (ii)

            	
              [Reserved]

            

    

    

    
      	 	
              (iii)

            	
              Change
                of Account.
                Section 2(b) is hereby amended by the addition of the following after
                the
                word “delivery” in the first line
                thereof:

            

    

     

    “to
      another account in the same legal and tax jurisdiction as the original
      account”.

    

    
      	 	
              (iv)

            	
              Representations.
                Section 3 is hereby amended by adding at the end thereof the following
                subsection (g): 

            

    

    

    
      	 	
              “(g)

            	
              Relationship
                Between Parties. 

            

    

    

    
      	 	
              (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 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 is an “eligible swap participant” as such term is
                defined in, Section 35.1(b)(2) of the regulations (17 C.F.R. 35)
                promulgated under, and an “eligible contract participant” as defined in
                Section 1(a)(12) of the Commodity Exchange Act, as
                amended.”

            

    

    

    
      	 	
              (v)

            	
              Transfer
                to Avoid Termination Event.
                Section 6(b)(ii) is hereby amended by (i) deleting the words “or if a Tax
                Event Upon Merger occurs and the Burdened Party is the Affected Party,”
                and (ii) by deleting the words “to transfer” and inserting the words “to
                effect a Permitted Transfer” in lieu
                thereof.

            

    

    

    
      	 	
              (vi)

            	
              Jurisdiction.
                Section
                13(b) is hereby amended by: (i) deleting in the second line of
                subparagraph (i) thereof the word "non-", (ii) deleting “; and” from the
                end of subparagraph (i) and inserting “.” in lieu thereof, and (iii)
                deleting the final paragraph
                thereof.

            

    

    

    
      	 	
              (vii)

            	
              Local
                Business Day.
                The definition of Local Business Day in Section 14 is hereby amended
                by
                the addition of the words “or any Credit Support Document” after “Section
                2(a)(i)” and the addition of the words “or Credit Support Document” after
                “Confirmation”. 

            

    

    

    
      	
              (c)

            	
              Additional
                Termination Events.
                The following Additional Termination Events will
                apply:

            

    

    

    
      	(i)         
                	
              First
                Rating Trigger Collateral.
                If
                (A) it is not the case that a Moody’s Second Trigger Ratings Event has
                occurred and been continuing for 30 or more Local Business Days and
                (B)
                Party A has failed to comply with or perform any obligation to be
                complied
                with or performed by Party A in accordance with the Credit Support
                Annex,
                then an Additional Termination Event shall have occurred with respect
                to
                Party A and Party A shall be the sole Affected Party with respect
                to such
                Additional Termination Event. 

            

    

    

    
      	(ii)        
                	
              Second
                Rating Trigger Replacement.
                If
                (A) a Required Ratings Downgrade Event has occurred and been continuing
                for 30 or more Local Business Days and (B) (i) at least one Eligible
                Replacement has made a Firm Offer to be the transferee of all of
                Party A’s
                rights and obligations under this Agreement (and such Firm Offer
                remains
                an offer that will become legally binding upon such Eligible Replacement
                upon acceptance by the offeree) and/or (ii) an Eligible Guarantor
                has made
                a Firm Offer to provide an Eligible Guarantee (and such Firm Offer
                remains
                an offer that will become legally binding upon such Eligible Guarantor
                immediately upon acceptance by the offeree), then an Additional
                Termination Event shall have occurred with respect to Party A and
                Party A
                shall be the sole Affected Party with respect to such Additional
                Termination Event. 

            

    

    

    
      	 	
              (iii)

            	
              Amendment
                of Pooling and Servicing Agreement.
                If, without the prior written consent of Party A where such consent
                is
                required under the Pooling and Servicing Agreement (such consent
                not to be
                unreasonably withheld), an amendment is made to the Pooling and Servicing
                Agreement which amendment could reasonably be expected to have a
                material
                adverse effect on the interests of Party A (excluding, for the avoidance
                of doubt, any amendment to the Pooling and Servicing Agreement that
                is
                entered into solely for the purpose of appointing a successor servicer,
                master servicer, securities administrator, trustee or other service
                provider) under this Agreement, then an Additional Termination Event
                shall
                have occurred with respect to Party B and Party B shall be the sole
                Affected Party with respect to such Additional Termination Event.
                

            

    

    

    
      	 	
              (iv)

            	
              Trust
                Termination.
                If the Trust is terminated pursuant to the Pooling and Servicing
                Agreement
                other than in an Optional Termination, an Additional Termination
                Event
                shall have occurred with respect to Party B and Party B shall be
                the sole
                Affected Party with respect to such Additional Termination Event.
                Notwithstanding anything in Section 6 to the contrary, any amounts
                due as
                a result of the occurrence of an Additional Termination Event described
                in
                this paragraph (iv) may be calculated prior to the related Early
                Termination Date and shall be payable on the final Distribution Date
                in
                connection with the termination of the
                trust.

            

    

    

    
      	 	
              (v)

            	
              Optional
                Termination of Securitization.
                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: (A) Party B shall
                be
                the sole Affected Party; (B) notwithstanding anything to the contrary
                in
                Section 6(b)(iv) or Section 6(c)(i), the final Distribution Date
                specified
                in the Optional Termination Notice is hereby designated as the Early
                Termination Date for this Additional Termination Event in respect
                of all
                Affected Transactions; (C) Section 2(a)(iii)(2) shall not be applicable
                to
                any Affected Transaction in connection with the Early Termination
                Date
                resulting from this Additional Termination Event; notwithstanding
                anything
                to the contrary in Section 6(c)(ii), payments and deliveries under
                Section
                2(a)(i) or Section 2(e) in respect of the Terminated Transactions
                resulting from this Additional Termination Event will be required
                to be
                made through and including the Early Termination Date designated
                as a
                result of this Additional Termination Event; provided, for the avoidance
                of doubt, that any such payments or deliveries that are made on or
                prior
                to such Early Termination Date will not be treated as Unpaid Amounts
                in
                determining the amount payable in respect of such Early Termination
                Date;
                (D) notwithstanding anything to the contrary in Section 6(d)(i),
                (I) if,
                on the day that is four Business Days prior to the final Distribution
                Date
                specified in the Optional Termination Notice, no later than 4:00
                pm New
                York City time the Trustee requests the amount of the Estimated Swap
                Termination Payment, Party A shall provide to the Trustee 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 (II) if the Trustee provides written notice
                (which may be done in electronic format) to Party A 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 Party A 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 Master Agreement (as amended herein) and provide to the
                Trustee
                in writing (which may be done in electronic format) the amount payable
                by
                either Party B or Party A in respect of the related Early Termination
                Date
                in connection with this Additional Termination Event; provided, however,
                that the amount payable by Party B, if any, in respect of the related
                Early Termination Date shall be the lesser of (x) the amount calculated
                to
                be due from Party B pursuant to Section 6(e) and (y) the Estimated
                Swap
                Termination Payment; and (E) notwithstanding anything to the contrary
                in
                this Agreement, any amount due from Party B to Party A in respect
                of this
                Additional Termination Event will be payable on the final Distribution
                Date specified in the Optional Termination Notice and any amount
                due from
                Party A to Party B in respect of this Additional Termination Event
                will be
                payable one Business Day prior to the final Distribution Date specified
                in
                the Optional Termination Notice. 

            

    

    

    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 herein.

    

    
      	
              (d)

            	
              Required
                Ratings Downgrade Event.
                In
                the event that no Relevant Entity has credit ratings at least equal
                to the
                Required Ratings Threshold, then Party A shall, as soon as reasonably
                practicable and so long as a Required Ratings Downgrade Event is
                in
                effect, at its own expense, using commercially reasonable efforts,
                procure
                either (A) a Permitted Transfer or (B) an Eligible Guarantee.
                

            

    

    

    
      	
              (e)
                

            	
              Item
                1115 Agreement.
                Party A and Party B hereby agree that the terms of the Item 1115
                Agreement, dated as of November 22, 2006 (the “Item
                1115 Agreement”),
                among, EMC Mortgage Corporation, Bear Stearns Asset Backed Securities
                I
                LLC, Structured Asset Mortgage Investments II Inc. and Party A shall
                be
                incorporated by reference into this Agreement and Party B shall be
                an
                express third party beneficiary of the Item 1115 Agreement. A copy
                of the
                Item 1115 Agreement is annexed hereto at Annex B.
                

            

    

    

    
      	
              (f)

            	
              Transfers. 

            

    

     

    (i)           
       Section
      7
      is hereby amended to read in its entirety as follows:

     

    “Except
      with respect to any Permitted Transfer pursuant to Section 6(b)(ii), Part 5(d),
      the Item 1115 Agreement or the succeeding sentence, neither Party A nor Party
      B
      is permitted to assign, novate or transfer (whether by way of security or
      otherwise) as a whole or in part any of its rights, obligations or interests
      under the Agreement or any Transaction unless (a) the prior written consent
      of
      the other party is obtained, and (b) the Rating Agency Condition has been
      satisfied with respect to S&P. At any time at which no Relevant Entity has
      credit ratings at least equal to the Approved Ratings Threshold, Party A may
      make a Permitted Transfer.” 

     

    
      	 	
              (ii)

            	
              If
                an Eligible Replacement has made a Firm Offer (which remains an offer
                that
                will become legally binding upon acceptance by Party B) to be the
                transferee pursuant to a Permitted Transfer, Party B shall, at Party
                A’s
                written request and at Party A’s expense, execute such documentation
                provided to it as reasonably deemed necessary by Party
                A.

            

    

     

    
      	
              (g)

            	
              Non-Recourse.
                Party A acknowledges and agree that, notwithstanding any provision
                in this
                Agreement to the contrary, the obligations of Party B hereunder are
                limited recourse obligations of Party B, payable solely from the
                Supplemental Interest Trust and the proceeds thereof, in accordance
                with
                the priority of payments and other terms of the Pooling and Servicing
                Agreement and that Party A will not have any recourse to any of the
                directors, officers, agents, employees, shareholders or affiliates
                of the
                Party B with respect to any claims, losses, damages, liabilities,
                indemnities or other obligations in connection with any transactions
                contemplated hereby. In the event that the Supplemental Interest
                Trust and
                the proceeds thereof, should be insufficient to satisfy all claims
                outstanding and following the realization of the account held by
                the
                Supplemental Interest Trust and the proceeds thereof, any claims
                against
                or obligations of Party B under the ISDA Master Agreement or any
                other
                confirmation thereunder still outstanding shall be extinguished and
                thereafter not revive. The Supplemental Interest Trust Trustee shall
                not
                have liability for any failure or delay in making a payment hereunder
                to
                Party A due to any failure or delay in receiving amounts in the account
                held by the Supplemental Interest Trust from the Trust created pursuant
                to
                the Pooling and Servicing Agreement. For the avoidance of doubt,
                nothing
                in this Part 5(g) shall preclude Party A from declaring an Event
                of
                Default or from exercising any other right or remedy as set forth
                in this
                Agreement or the Pooling and Servicing Agreement. This provision
                will
                survive the termination of this
                Agreement.

            

    

    

    
      	
              (h)

            	
              Timing
                of Payments
                by Party B upon Early Termination.
                Notwithstanding anything to the contrary in Section 6(d)(ii), to
                the
                extent that all or a portion (in either case, the “Unfunded Amount”) of
                any amount that is calculated as being due in respect of any Early
                Termination Date under Section 6(e) from Party B to Party A will
                be paid
                by Party B from amounts other than any upfront payment paid to Party
                B by
                an Eligible Replacement that has entered a Replacement Transaction
                with
                Party B, then such Unfunded Amount shall be due on the next Distribution
                Date following the date on which the payment would have been payable
                as
                determined in accordance with Section 6(d)(ii), and on any subsequent
                Distribution Dates until paid in full (or if such Early Termination
                Date
                is the final Distribution Date, on such final Distribution Date);
                provided, however, that if the date on which the payment would have
                been
                payable as determined in accordance with Section 6(d)(ii) is a
                Distribution Date, such payment will be payable on such Distribution
                Date.

            

    

    

    
      	
              (i)

            	
              Rating
                Agency Notifications. Notwithstanding
                any other provision of this Agreement, no Early Termination Date
                shall be
                effectively designated hereunder by Party B and no transfer of any
                rights
                or obligations under this Agreement shall be made by either party
                unless
                each Swap Rating Agency has been given prior written notice of such
                designation or transfer. 

            

    

     

    
      	
              (j)

            	
              No
                Set-off.
                Except as expressly provided for in Section 2(c), Section 6 or Part
                1(f)(i)(D) hereof, and notwithstanding any other 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.
                Section 6(e) shall be amended by deleting the following sentence:
“The
                amount, if any, payable in respect of an Early Termination Date and
                determined pursuant to this Section will be subject to any
                Set-off.”.

            

    

     

    
      	
              (k)

            	
              Amendment.
                Notwithstanding any provision to the contrary in this Agreement,
                no
                amendment of either this Agreement or any Transaction under this
                Agreement
                shall be permitted by either party unless each of the Swap Rating
                Agencies
                has been provided prior written notice of the same and such amendment
                satisfies the Rating Agency Condition with respect to S&P.
                

            

    

    

    
      	
              (l)

            	
              Notice
                of Certain Events or Circumstances.
                Each Party agrees, upon learning of the occurrence or existence of
                any
                event or condition that constitutes (or that with the giving of notice
                or
                passage of time or both would constitute) an Event of Default or
                Termination Event with respect to such party, promptly to give the
                other
                Party and to each Swap Rating Agency notice of such event or condition;
                provided that failure to provide notice of such event or condition
                pursuant to this Part 5(l) shall not constitute an Event of Default
                or a
                Termination Event.

            

    

     

    (m)        
       Proceedings.
      No
      Relevant Entity shall institute against, or cause any other person to institute
      against, or join any other person in instituting against Party B, the
      Supplemental Interest Trust, or the trust formed pursuant to the Pooling and
      Servicing Agreement, in 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 (or, if longer, the
      applicable preference period) and one day following payment in full of the
      Certificates and any Notes; provided however, that this provision shall not
      preclude, or be deemed to stop, a Relevant Entity or an Affiliate of a Relevant
      Entity (i) from taking any action prior to the expiration of the aforementioned
      one year and one day period, or if longer the applicable preference period
      then
      in effect, in (A) any case or proceeding voluntarily filed or commenced by
      Party
      B or (B) any involuntary insolvency proceeding filed or commenced by a Person
      other than a Relevant Entity or an Affiliate of a Relevant Entity, or (ii)
      from
      commencing against Party B or any of the Mortgage Loans any legal action which
      is not a bankruptcy, reorganization, arrangement, insolvency, moratorium,
      liquidation or similar proceeding. This provision will survive the termination
      of this Agreement. 

    

    
      	
              (n)

            	
              Supplemental
                Interest Trust Trustee Limitation of Liability. It
                is expressly understood and agreed by the parties hereto that (a)
                this
                Agreement is executed and delivered by LaSalle Bank National Association,
                not individually or personally but solely as the Supplemental Interest
                Trust Trustee, in the exercise of the powers and authority conferred
                and
                vested in it under the Pooling and Servicing Agreement, (b) the
                representations, warranties, covenants, undertakings and agreements
                herein
                made on the part of the Supplemental Interest Trust are made and
                intended
                not as personal representations, undertakings and agreements by LaSalle
                Bank National Association but are made and intended for the purpose
                of
                binding only the Supplemental Interest Trust, (c) nothing herein
                contained
                shall be construed as creating any liability on LaSalle Bank National
                Association, 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 LaSalle Bank National Association be personally
                liable
                for the payment of any indemnity, indebtedness, fees or expenses
                of the
                Supplemental Interest Trust or be liable for the breach or failure
                of any
                obligation, representation, warranty or covenant made or undertaken
                by the
                Supplemental Interest Trust under this
                Agreement.

            

    

    

    
      	
              (o)

            	
              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) in any respect, 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; provided, however, that this severability provision shall
                not be
                applicable if any provision of Section 2, 5, 6, or 13 (or any definition
                or provision in Section 14 to the extent it relates to, or is used
                in or
                in connection with any such Section) shall be so held to be invalid
                or
                unenforceable. 

            

    

    

    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. 

    

    
      	
              (p)

            	
              Agent
                for Party B. Party
                A acknowledges that the Supplemental Interest Trust Trustee and the
                Swap
                Administrator have been appointed as agents under the Pooling and
                Servicing Agreement and the Swap Administration Agreement to carry
                out
                certain functions on behalf of Party B, and that the Supplemental
                Interest
                Trust Trustee and the Swap Administrator shall be entitled to give
                notices
                and to perform and satisfy the obligations of Party B hereunder on
                behalf
                of Party B.

            

    

     

    
      	
              (q)

            	
              Escrow
                Payments.
                If
                (whether by reason of the time difference between the cities in which
                payments are to be made or otherwise) it is not possible for simultaneous
                payments to be made on any date on which both parties are required
                to make
                payments hereunder, either Party may at its option and in its sole
                discretion notify the other Party that payments on that date are
                to be
                made in escrow. In this case deposit of the payment due earlier on
                that
                date shall be made by 2:00 pm (local time at the place for the earlier
                payment) on that date with an escrow agent selected by the notifying
                party, accompanied by irrevocable payment instructions (i) to release
                the
                deposited payment to the intended recipient upon receipt by the escrow
                agent of the required deposit of any corresponding payment payable
                by the
                other party on the same date accompanied by irrevocable payment
                instructions to the same effect or (ii) if the required deposit of
                the
                corresponding payment is not made on that same date, to return the
                payment
                deposited to the party that paid it into escrow. The party that elects
                to
                have payments made in escrow shall pay all costs of the escrow
                arrangements.

            

    

     

    
      	
              (r)

            	
              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 trading, marketing, and operations personnel of the parties
                and
                their Affiliates, waives any further notice of such monitoring or
                recording, and agrees to notify such personnel of such monitoring
                or
                recording. 

            

    

    

     

    
      	
              (s)

            	
              Waiver
                of Jury Trial.
                Each party waives any right it may have to a trial by jury in respect
                of
                any suit, action or proceeding relating to this Agreement or any
                Credit
                Support Document. 

            

    

    

     

    
      	
              (t)

            	
              Form
                of ISDA Master Agreement. Party
                A and Party B hereby agree that the text of the body of the ISDA
                Master
                Agreement is intended to be the printed form of the ISDA Master Agreement
                (Multicurrency - Crossborder) as published and copyrighted in 1992
                by the
                International Swaps and Derivatives Association,
                Inc.

            

    

     

    
      	
              (u)

            	
              Payment
                Instructions.
                Party A hereby agrees that, unless notified in writing by Party B
                of other
                payment instructions, any and all amounts payable by Party A to Party
                B
                under this Agreement shall be paid to the account specified in Item
                4 of
                this Confirmation, below. 

            

    

     

    
      	
              (v)

            	
              Additional
                representations.

            

    

    

    
      	 	
              (i)

            	
              Representations
                of Party A.
                Party A represents to Party B on the date on which Party A enters
                into
                each Transaction that:--

            

    

     

    Party
      A’s
      obligations under this Agreement rank pari passu with all of Party A’s other
      unsecured, unsubordinated obligations except those obligations preferred by
      operation of law.

    

    
      	 	
              (ii)

            	
              Representations
                of Party B.
                Party B represents to Party A on the date on which Party B enters
                into
                each Transaction that:--

            

    

     

    In
      its
      capacity as Supplemental Interest Trust Trustee of the Supplemental Interest
      Trust, the Supplemental Interest Trust Trustee has been authorized under the
      Pooling and Servicing Agreement to execute this Agreement, to deliver this
      Agreement, to perform the obligations (on behalf of the Supplemental Interest
      Trust) under this Agreement and any obligations (on behalf of the Supplemental
      Interest Trust) under any Credit Support Document to which the Supplemental
      Interest Trust Trustee on behalf of the Supplemental Interest Trust is party
      and
      has taken all necessary action to authorize such execution, delivery and
      performance.

     

    
      	 	
              (iii)

            	
              Capacity.
                Party A represents to Party B on the date on which Party A enters
                into
                this Agreement that it is entering into the Agreement and the Transaction
                as principal and not as agent of any person. Party B represents to
                Party A
                on the date on which Party B executes this Agreement that it is executing
                the Agreement in its capacity as Supplemental Interest Trust Trustee
                on
                behalf of the Supplemental Interest
                Trust.

            

    

     

    
      	
              (w)

            	
              Acknowledgements.

            

    

     

    
      	 	
              (i)

            	
              Substantial
                financial transactions.
                Each party hereto is hereby advised and acknowledges as of the date
                hereof
                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 shall be deemed repeated
                on the
                trade date of each Transaction.

            

    

     

    
      	 	
              (ii)

            	
              Bankruptcy
                Code.
                Subject to Part 5(m), without limiting the applicability if any,
                of any
                other provision of the U.S. Bankruptcy Code as amended (the “Bankruptcy
                Code”) (including without limitation Sections 362, 546, 556, and 560
                thereof and the applicable definitions in Section 101 thereof), the
                parties acknowledge and agree that all Transactions entered into
                hereunder
                will constitute “forward contracts” or “swap agreements” as defined in
                Section 101 of the Bankruptcy Code or “commodity contracts” as defined in
                Section 761 of the Bankruptcy Code, that the rights of the parties
                under
                Section 6 of this Agreement will constitute contractual rights to
                liquidate Transactions, that any margin or collateral provided under
                any
                margin, collateral, security, pledge, or similar agreement related
                hereto
                will constitute a “margin payment” as defined in Section 101 of the
                Bankruptcy Code, and that the parties are entities entitled to the
                rights
                under, and protections afforded by, Sections 362, 546, 556, and 560
                of the
                Bankruptcy Code.

            

    

     

    
      	 	
              (iii)

            	
              Regarding
                Party A.
                Party B acknowledges and agrees that Party A has had and will have
                no
                involvement in and, accordingly Party A accepts no responsibility
                for: (i)
                the establishment, structure, or choice of assets of Party B; (ii)
                the
                selection of any person performing services for or acting on behalf
                of
                Party B; (iii) the selection of Party A as the swap counterparty;
                (iv) the
                terms of the Certificates; (v) the preparation of or passing on the
                disclosure and other information contained in any offering circular
                for
                the Certificates, the Pooling and Servicing Agreement, or any other
                agreements or documents used by Party B or any other party in connection
                with the marketing and sale of the Certificates (other than information
                provided by Party A for purposes of the disclosure document relating
                to
                the Class I-A Certificates and the Class I-M Certificates, (vi) the
                ongoing operations and administration of Party B, including the furnishing
                of any information to Party B which is not specifically required
                under
                this Agreement; or (vii) any other aspect of Party B's
                existence.

            

    

     

    
      	
              (x)

            	
              [Reserved]

            

    

     

    
      	
              (y)

            	
              [Reserved]

            

    

     

    (z)          
       Additional
      Definitions. 

     

    As
      used
      in this Agreement, the following terms shall have the meanings set forth below,
      unless the context clearly requires otherwise: 

     

    “Approved
      Ratings Threshold”
      means
      each of the S&P Approved Ratings Threshold and the Moody’s First Trigger
      Ratings Threshold.

     

    “Approved
      Replacement” means,
      with respect to a Market Quotation, an entity making such Market Quotation,
      which entity would satisfy conditions (a), (b), (c) and (d) of the definition
      of
      Permitted Transfer (as determined by Party B in its sole discretion, acting
      in a
      commercially reasonable manner) if such entity were a Transferee, as defined
      in
      the definition of Permitted Transfer.

     

    “Derivative
      Provider Trigger Event”
      means
      (i) an Event of Default with respect to which Party A is a Defaulting Party,
      (ii) a Termination Event with respect to which Party A is the sole Affected
      Party or (iii) an Additional Termination Event with respect to which Party
      A is
      the sole Affected Party.

     

    “Eligible
      Guarantee”
      means an
      unconditional and irrevocable guarantee of all present and future obligations
      (for the avoidance of doubt, not limited to payment obligations) of Party A
      or
      an Eligible Replacement to Party B under this Agreement that is provided by
      an
      Eligible Guarantor as principal debtor rather than surety and that is directly
      enforceable by Party B, the form and substance of which guarantee are subject
      to
      the Rating Agency Condition with respect to S&P, and either (A) a law firm
      has given a legal opinion confirming that none of the guarantor’s payments to
      Party B under such guarantee will be subject to Tax collected by withholding
      or
      (B) such guarantee provides that, in the event that any of such guarantor’s
      payments to Party B are subject to Tax collected by withholding, such guarantor
      is required to pay such additional amount as is necessary to ensure that the
      net
      amount actually received by Party B (free and clear of any Tax collected by
      withholding) will equal the full amount Party B would have received had no
      such
      withholding been required.

     

    “Eligible
      Guarantor”
means
      an entity that (A) has credit ratings from S&P at least equal to the S&P
      Approved Ratings Threshold, and (B) has credit ratings from Moody’s at least
      equal to the Moody’s Second Trigger Ratings Threshold, provided, for the
      avoidance of doubt, that an Eligible Guarantee of an Eligible Guarantor with
      credit ratings below the Moody’s First Trigger Ratings Threshold will not cause
      a Collateral Event (as defined in the Credit Support Annex) not to occur or
      continue with respect to Moody’s. All credit ratings described in this
      definition of Eligible Guarantor shall be provided to Party B in writing if
      requested by Party B.

     

    “Eligible
      Replacement”
      means an
      entity (A) (i) (a) that has credit ratings from S&P at least equal to the
      S&P Approved Ratings Threshold, and (b) has credit ratings from Moody’s at
      least equal to the Moody’s Second Trigger Ratings Threshold, provided, for the
      avoidance of doubt, that an Eligible Replacement with credit ratings below
      the
      Moody’s First Trigger Ratings Threshold will not cause a Collateral Event (as
      defined in the Credit Support Annex) not to occur or continue with respect
      to
      Moody’s, or (ii) the present and future obligations (for the avoidance of doubt,
      not limited to payment obligations) of which entity to Party B under this
      Agreement are guaranteed pursuant to an Eligible Guarantee and (B) that has
      executed an Item 1115 Agreement with the Depositor. All credit ratings described
      in this definition of Eligible Replacement shall be provided to Party B in
      writing if requested by Party B.

     

    “Estimated
      Swap Termination Payment”
      means,
      with respect to an Early Termination Date, an amount determined by Party A
      in
      good faith and in a commercially reasonable manner as the maximum payment that
      could be owed by Party B to Party A in respect of such Early Termination Date
      pursuant to Section 6(e) of the ISDA Master Agreement, taking into account
      then
      current market conditions.

     

    “Firm
      Offer”
      means
      (A) with respect to an Eligible Replacement, a quotation from such Eligible
      Replacement (i) in an amount equal to the actual amount payable by or to Party
      B
      in consideration of an agreement between Party B and such Eligible Replacement
      to replace Party A as the counterparty to this Agreement by way of novation
      or,
      if such novation is not possible, an agreement between Party B and such Eligible
      Replacement to enter into a Replacement Transaction (assuming that all
      Transactions hereunder become Terminated Transactions), and (ii) that
      constitutes an offer by such Eligible Replacement to replace Party A as the
      counterparty to this Agreement or enter a Replacement Transaction that will
      become legally binding upon such Eligible Replacement upon acceptance by Party
      B, and (B) with respect to an Eligible Guarantor, an offer by such Eligible
      Guarantor to provide an Eligible Guarantee that will become legally binding
      upon
      such Eligible Guarantor upon acceptance by the offeree.

     

    “Moody’s”
      means
      Moody’s Investors Service, Inc., or any successor thereto. 

     

    “Moody’s
      First Trigger Ratings Event”
means
      that no Relevant Entity has credit ratings from Moody’s at least equal to the
      Moody’s First Trigger Ratings Threshold.

     

    “Moody’s
      First Trigger Ratings Threshold” means, with respect to Party A,
      the guarantor under an Eligible Guarantee or an Eligible Replacement, (i) if
      such entity has a short-term unsecured and unsubordinated debt rating or
      counterparty rating from Moody’s, a long-term unsecured and unsubordinated debt
      rating or counterparty rating from Moody’s of “A2” and a short-term unsecured
      and unsubordinated debt rating from Moody’s of “Prime-1”, or (ii) if such entity
does not have a short-term unsecured and unsubordinated
      debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating
      or counterparty rating from Moody’s of “A1”.

     

    “Moody’s
      Second Trigger Ratings Event”
      means
      that no Relevant Entity has credit ratings from Moody’s at least equal to the
      Moody’s Second Trigger Ratings Threshold. 

     

    “Moody’s
      Second Trigger Ratings Threshold” means, with respect to
      Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement,
      (i) if such entity has a short-term unsecured and unsubordinated debt rating
      from Moody’s, a long-term unsecured and unsubordinated debt rating or
      counterparty rating from Moody’s of “A3” and a
      short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”,
      or (ii) if such entity does nothave a short-term
      unsecured and unsubordinated debtrating from Moody’s, a
      long-term unsecured and unsubordinated debt rating or counterparty rating from
      Moody’s of “A3”.

     

    “Permitted
      Transfer” means
      a
      transfer by novation by Party A pursuant to Section 6(b)(ii), Part 5(d), the
      Item 1115 Agreement or Part 5(e) or the second sentence of Section 7 (as amended
      herein) to a transferee (the “Transferee”) of all, but not less than all, of
      Party A’s rights, liabilities, duties and obligations under this Agreement, with
      respect to which transfer each of the following conditions is satisfied: (a)
      the
      Transferee is an Eligible Replacement that is a recognized dealer in interest
      rate swaps organized under the laws of the United States of America or a
      jurisdiction located in the United States of America (or another jurisdiction
      reasonably acceptable to Party B), (b) as of the date of such transfer the
      Transferee would not be required to withhold or deduct on account of Tax from
      any payments under this Agreement or would be required to gross up for such
      Tax
      under Section 2(d)(i)(4), (c) an Event of Default or Termination Event would
      not
      occur as a result of such transfer, (d) pursuant to a written instrument (the
      “Transfer
      Agreement”),
      the
      Transferee acquires and assumes all rights and obligations of Party A under
      the
      Agreement and the relevant Transaction, (e) Party B shall have determined,
      in
      its sole discretion, acting in a commercially reasonable manner, that such
      Transfer Agreement is effective to transfer to the Transferee all, but not
      less
      than all, of Party A’s rights and obligations under the Agreement and all
      relevant Transactions; (f) Party A will be responsible for any costs or expenses
      incurred in connection with such transfer (including any replacement cost of
      entering into a replacement transaction); (g) either (A) Moody’s has been given
      prior written notice of such transfer and the Rating Agency Condition is
      satisfied with respect to S&P or (B) each Swap Rating Agency has been given
      prior written notice of such transfer and such transfer is in connection with
      the assignment and assumption of this Agreement without modification of its
      terms, other than party names, dates relevant to the effective date of such
      transfer, tax representations (provided that the representations in Part 2(a)(i)
      are not modified) and any other representations regarding the status of the
      substitute counterparty of the type included in Part 5(b)(iv), Part 5(v)(i)(2)
      or Part 5(v)(ii), notice information and account details; and (h) such transfer
      otherwise complies with the terms of the Pooling and Servicing
      Agreement.

     

    “Rating
      Agency Condition”
      means,
      with respect to any particular proposed act or omission to act hereunder and
      each Swap Rating Agency specified in connection with such proposed act or
      omission, that the party acting or failing to act must consult with each of
      the
      specified Swap Rating Agencies and receive from each such Swap 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 or
      Notes.

    

    “Relevant
      Entity” means
      Party A and, to the extent applicable, a guarantor under an Eligible
      Guarantee.

     

    “Replacement
      Transaction”
      means,
      with respect to any Terminated Transaction or group of Terminated Transactions,
      a transaction or group of transactions that (i) would have the effect of
      preserving for Party B the economic equivalent of any payment or delivery
      (whether the underlying obligation was absolute or contingent and assuming
      the
      satisfaction of each applicable condition precedent) by the parties under
      Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated
      Transactions that would, but for the occurrence of the relevant Early
      Termination Date, have been required after that Date, and (ii) has terms which
      are substantially the same as this Agreement, including, without limitation,
      rating triggers, Regulation AB compliance, and credit support documentation,
      save for the exclusion of provisions relating to Transactions that are not
      Terminated Transaction, as determined by Party B in its sole discretion, acting
      in a commercially reasonable manner.

     

    “Required
      Ratings Downgrade Event”
      means
      that no Relevant Entity has credit ratings at least equal to the Required
      Ratings Threshold. For purposes of determining whether a Required Ratings
      Downgrade Event has occurred, each Relevant Entity will, if requested, provide
      its credit ratings to Party B in writing.

     

    “S&P”
      means
      Standard & Poor's Rating Services, a division of The McGraw-Hill Companies,
      Inc., or any successor thereto. 

     

    “S&P
      Approved Ratings Threshold”
      means,
      with respect to Party A, the guarantor under an Eligible Guarantee or an
      Eligible Replacement, a short-term unsecured and unsubordinated debt rating
      from
      S&P of “A-1”, or, if such entity does not have a short-term unsecured and
      unsubordinated debt rating from S&P, a long-term unsecured and
      unsubordinated debt rating or counterparty rating from S&P of
“A+”.

     

    “S&P
      Required Ratings Threshold”
      means,
      with respect to Party A, the guarantor under an Eligible Guarantee or an
      Eligible Replacement, a long-term unsecured and unsubordinated debt rating
      or
      counterparty rating from S&P of “BBB+”. 

     

    “Swap
      Rating Agencies”
      means,
      with respect to any date of determination, each of S&P and Moody’s, to the
      extent that each such rating agency is then providing a rating for any of the
      Bear Stearns Asset Backed Securities I Trust 2007-FS1, Asset-Backed
      Certificates, Series 2007-FS1 (the “Certificates”) or any notes backed by the
      Certificates (the “Notes”).

     

    

     

    [Remainder
      of this page intentionally left blank.]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    4. Account
      Details and Settlement Information:  

     

    

    
      	
              Payments
                to Party A:

            	
              ABN
                AMRO BANK NEW YORK 

            
	 	
              ABNAUS33
                

            
	 	
              CHIPS
                007535

            
	 	
              ABA
                026009580 

            
	 	
              FAVOUR
                ABN AMRO BANK LONDON 

            
	 	
              ABNAGB2P
                

            
	 	
              A/C
                661001036741 

            
	 	
              REF
                DCM 

            

    

    

     

    
      	
              Payments
                to Party B:

            	
              LaSalle
                Bank, N.A.

            
	 	
              ABA
                #071 000 505

            
	 	
              LaSalle
                CHGO/CTR/BNF:/LaSalle Trust

            
	 	
              Ref
                Trust A/C# 724521.3

            
	 	
              Attn:
                Hans Gehrke 312-992-4855

            

    

     

    

    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.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    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,

    

    ABN
      AMRO Bank N.V.

    

    

    Section
      1.1.  By:
      /s/ Robert
      Furlong               
                  By:
      /s/ Stuart Ware-Lane     

    Name
      Robert
      Furling:                                                         
Name:
      Stuart Ware-Lane   

    Title:
      Authorized
      Signature                                                
Title: Authorized Signature

     

    Section
      1.2.

     

    Section
      1.3.   

     

    

    

    

    Party
      B,
      acting through its duly authorized signatory, hereby agrees to, accepts and
      confirms the terms of the foregoing as of the date hereof.

    

    LaSalle
      Bank National Association, not individually, but solely as Supplemental Interest
      Trust Trustee on behalf of the Supplemental Interest Trust with respect to
      the
      Bear Stearns Asset Backed Securities I Trust 2007-FS1, Asset-Backed
      Certificates, Series 2007-FS1

    

    

    
      	
              By:

            	/s/
              Susan L. Feld 
	
              Name:

            	Susan
              L. Feld 
	
              Title:

            	Assistant
              Vice President 

    

     

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    SCHEDULE
      I

    (All
      such
      dates subject to No Adjustment with respect to Fixed Rate Payer Period End Dates
      and adjustment in accordance with the Following Business Day Convention with
      respect to Floating Rate Payer Period End Dates)

    

    
      	
              From
                and including

            	
              To
                but excluding

            	
              Notional
                Amount (USD)

            
	
              Effective
                Date

            	
              3/25/2007

            	
              3,153,623.9878

            
	
              3/25/2007

            	
              4/25/2007

            	
              3,120,396.5157

            
	
              4/25/2007

            	
              5/25/2007

            	
              3,078,563.3850

            
	
              5/25/2007

            	
              6/25/2007

            	
              3,028,157.7159

            
	
              6/25/2007

            	
              7/25/2007

            	
              2,969,281.5312

            
	
              7/25/2007

            	
              8/25/2007

            	
              2,902,108.2898

            
	
              8/25/2007

            	
              9/25/2007

            	
              2,826,885.2045

            
	
              9/25/2007

            	
              10/25/2007

            	
              2,743,933.0224

            
	
              10/25/2007

            	
              11/25/2007

            	
              2,653,646.5886

            
	
              11/25/2007

            	
              12/25/2007

            	
              2,556,679.4765

            
	
              12/25/2007

            	
              1/25/2008

            	
              2,455,045.2482

            
	
              1/25/2008

            	
              2/25/2008

            	
              2,357,581.7050

            
	
              2/25/2008

            	
              3/25/2008

            	
              2,264,133.4225

            
	
              3/25/2008

            	
              4/25/2008

            	
              2,174,529.4779

            
	
              4/25/2008

            	
              5/25/2008

            	
              2,088,606.4227

            
	
              5/25/2008

            	
              6/25/2008

            	
              2,006,207.9475

            
	
              6/25/2008

            	
              7/25/2008

            	
              1,927,184.5654

            
	
              7/25/2008

            	
              8/25/2008

            	
              1,851,393.3054

            
	
              8/25/2008

            	
              9/25/2008

            	
              1,778,697.4249

            
	
              9/25/2008

            	
              10/25/2008

            	
              1,708,966.1303

            
	
              10/25/2008

            	
              11/25/2008

            	
              1,642,074.3138

            
	
              11/25/2008

            	
              12/25/2008

            	
              1,577,902.3005

            
	
              12/25/2008

            	
              1/25/2009

            	
              1,516,348.1774

            
	
              1/25/2009

            	
              2/25/2009

            	
              1,457,311.8673

            
	
              2/25/2009

            	
              3/25/2009

            	
              1,400,663.4419

            
	
              3/25/2009

            	
              4/25/2009

            	
              1,346,302.8614

            
	
              4/25/2009

            	
              5/25/2009

            	
              1,294,134.4042

            
	
              5/25/2009

            	
              6/25/2009

            	
              1,244,066.4758

            
	
              6/25/2009

            	
              7/25/2009

            	
              1,196,011.4452

            
	
              7/25/2009

            	
              8/25/2009

            	
              1,149,885.4923

            
	
              8/25/2009

            	
              9/25/2009

            	
              1,105,608.2571

            
	
              9/25/2009

            	
              10/25/2009

            	
              1,063,102.9118

            
	
              10/25/2009

            	
              11/25/2009

            	
              1,022,295.9228

            
	
              11/25/2009

            	
              12/25/2009

            	
              983,117.0191

            
	
              12/25/2009

            	
              1/25/2010

            	
              945,497.8541

            
	
              1/25/2010

            	
              2/25/2010

            	
              909,375.6339

            
	
              2/25/2010

            	
              3/25/2010

            	
              874,687.8478

            
	
              3/25/2010

            	
              4/25/2010

            	
              841,375.2722

            
	
              4/25/2010

            	
              5/25/2010

            	
              809,381.3174

            
	
              5/25/2010

            	
              6/25/2010

            	
              778,651.8222

            
	
              6/25/2010

            	
              7/25/2010

            	
              749,134.8821

            
	
              7/25/2010

            	
              8/25/2010

            	
              720,780.8164

            
	
              8/25/2010

            	
              9/25/2010

            	
              693,542.0496

            
	
              9/25/2010

            	
              10/25/2010

            	
              667,373.0196

            
	
              10/25/2010

            	
              11/25/2010

            	
              642,230.0898

            
	
              11/25/2010

            	
              12/25/2010

            	
              618,071.4736

            
	
              12/25/2010

            	
              1/25/2011

            	
              594,857.1290

            
	
              1/25/2011

            	
              2/25/2011

            	
              572,548.7088

            
	
              2/25/2011

            	
              3/25/2011

            	
              407,274.1248

            
	
              3/25/2011

            	
              4/25/2011

            	
              393,428.6386

            
	
              4/25/2011

            	
              5/25/2011

            	
              380,065.9834

            
	
              5/25/2011

            	
              6/25/2011

            	
              367,168.7543

            
	
              6/25/2011

            	
              7/25/2011

            	
              354,720.1983

            
	
              7/25/2011

            	
              8/25/2011

            	
              342,704.1895

            
	
              8/25/2011

            	
              9/25/2011

            	
              331,105.2042

            
	
              9/25/2011

            	
              10/25/2011

            	
              319,908.2979

            
	
              10/25/2011

            	
              11/25/2011

            	
              309,099.0821

            
	
              11/25/2011

            	
              12/25/2011

            	
              298,663.3012

            
	
              12/25/2011

            	
              1/25/2012

            	
              288,585.4121

            
	
              1/25/2012

            	
              Termination
                Date

            	
              278,769.0714

            

    

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Annex
      A

    

    Paragraph
      13 of the Credit Support Annex

    

     

    ISDA®

    CREDIT
      SUPPORT ANNEX

    to
      the
      Schedule to the

    ISDA
      Master Agreement

    dated
      as
      of February 28, 2007 between

    ABN
      AMRO
      Bank N.V. (hereinafter referred to as “Party
      A”
      or
“Pledgor”)

    And

    LaSalle
      Bank National Association, not individually, but solely as Supplemental Interest
      Trust Trustee on behalf of the Supplemental Interest Trust with respect to
      the
      Bear Stearns Asset Backed Securities I Trust 2007-FS1, Asset-Backed
      Certificates, Series 2007-FS1
      (hereinafter referred to as “Party
      B”
      or
“Secured
      Party”).
      

    

    For
      the
      avoidance of doubt, and notwithstanding anything to the contrary that may be
      contained in the Agreement, this Credit Support Annex shall relate solely to
      the
      Transaction documented in the Confirmation dated February 28, 2007 between
      Party
      A and Party B, Reference Number: 5281993.

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    ARTICLE
      II.  PARAGRAPH
      13. ELECTIONS AND VARIABLES.

     

    Security
      Interest for “Obligations”.
      The
      term “Obligations”
      as used
      in this Annex includes the following additional obligations:

     

    With
      respect to Party A: not applicable.

    With
      respect to Party B: not applicable.

    Credit
      Support Obligations.

     

    Delivery
      Amount, Return Amount and Credit Support Amount.

     

    “Delivery
      Amount”
      has the
      meaning specified in Paragraph 3(a) as amended (I) by deleting the words “upon a
      demand made by the Secured Party on or promptly following a Valuation Date” and
      inserting in lieu thereof the words “not later than the close of business on
      each Valuation Date” and (II) by deleting in its entirety the sentence beginning
“Unless otherwise specified in Paragraph 13” and ending “(ii) the Value as of
      that Valuation Date of all Posted Credit Support held by the Secured Party.” and
      inserting in lieu thereof the following:

     

    The
      “Delivery
      Amount”
      applicable to the Pledgor for any Valuation Date will equal the greatest of
      

     

    
      	
              (1)
                

            	
              the
                amount by which (a) the S&P Credit Support Amount for such Valuation
                Date exceeds (b) the S&P Value as of such Valuation Date of all Posted
                Credit Support held by the Secured Party, 

            
	 	 
	
              (2)
                

            	
              the
                amount by which (a) the Moody’s First Trigger Credit Support Amount for
                such Valuation Date exceeds (b) the Moody’s First Trigger Value as of such
                Valuation Date of all Posted Credit Support held by the Secured Party,
                and

            
	 	 
	
              (3)
                

            	
              the
                amount by which (a) the Moody’s Second Trigger Credit Support Amount for
                such Valuation Date exceeds (b) the Moody’s Second Trigger Value as of
                such Valuation Date of all Posted Credit Support held by the Secured
                Party.

            
	 	 

    

    “Return
      Amount”
      has the
      meaning specified in Paragraph 3(b) as amended by deleting in its entirety
      the
      sentence beginning “Unless otherwise specified in Paragraph 13” and ending “(ii)
      the Credit Support Amount.” and inserting in lieu thereof the
      following:

     

    The
      “Return
      Amount”
      applicable to the Secured Party for any Valuation Date will equal the least
      of

     

    
      	
              (1)
                

            	
              the
                amount by which (a) the S&P Value as of such Valuation Date of all
                Posted Credit Support held by the Secured Party exceeds (b) the S&P
                Credit Support Amount for such Valuation Date, 

            
	 	 
	
              (2)
                

            	
              the
                amount by which (a) the Moody’s First Trigger Value as of such Valuation
                Date of all Posted Credit Support held by the Secured Party exceeds
                (b)
                the Moody’s First Trigger Credit Support Amount for such Valuation Date,
                and

            
	 	 
	
              (3)
                

            	
              the
                amount by which (a) the Moody’s Second Trigger Value as of such Valuation
                Date of all Posted Credit Support held by the Secured Party exceeds
                (b)
                the Moody’s Second Trigger Credit Support Amount for such Valuation
                Date.

            
	 	 

    

    “Credit
      Support Amount”
      shall
      not apply. For purposes of calculating any Delivery Amount or Return Amount
      for
      any Valuation Date, reference shall be made to the S&P Credit Support
      Amount, the Moody’s First Trigger Credit Support Amount, or the Moody’s Second
      Trigger Credit Support Amount, in each case for such Valuation Date, as provided
      in Paragraphs 13(b)(i)(A) and 13(b)(i)(B), above.

     

    Eligible
      Collateral.
      

     

    On
      any
      date, the following items will qualify as “Eligible
      Collateral”
(for
      the avoidance of doubt, all Eligible Collateral to be denominated in
      USD):

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    
      	
               

              Collateral
                

            	
              S&P

              Valuation
                

              Percentage

            	
              Moody’s
                

              First
                Trigger Valuation
                Percentage

            	
              Moody’s
                

              Second
                Trigger Valuation
                Percentage

            
	
              Cash

            	
              100%

            	
              100%

            	
              100%

            
	
              Fixed-rate
                negotiable debt obligations issued by the U.S. Treasury Department
                having
                a remaining maturity on such date of not more than one
                year

            	
              98.5%

            	
              100%

            	
              100%

            
	
              Fixed-rate
                negotiable debt obligations issued by the U.S. Treasury Department
                having
                a remaining maturity on such date of more than one year but not more
                than
                ten years

            	
              89.9%

            	
              100%

            	
              94%

            
	
              Fixed-rate
                negotiable debt obligations issued by the U.S. Treasury Department
                having
                a remaining maturity on such date of more than ten years

            	
              83.9%

            	
              100%

            	
              87%

            

    

    

    Other
      Eligible Support. 

     

    The
      following items will qualify as “Other
      Eligible Support”
      for the
      party specified: 

     

    Not
      applicable.

     

    Threshold.

     

    “Independent
      Amount”
      means
      zero with respect to Party A and Party B.

     

    “Threshold”
      means,
      with respect to Party A and any Valuation Date, zero if (i) a Collateral Event
      has occurred and has been continuing (x) for at least 30 days or (y) since
      this
      Annex was executed, or (ii) a Required Ratings Downgrade Event has occurred
      and
      is continuing; otherwise, infinity.

     

      “Threshold”
      means,
      with respect to Party B and any Valuation Date, infinity.

     

    “Minimum
      Transfer Amount” means
      USD
      100,000 with respect to Party A and Party B; provided, however, that if the
      aggregate Certificate Principal Balance of the Certificates and the aggregate
      principal balance of any Notes rated by S&P is at the time of any transfer
      less than USD 50,000,000, the “Minimum
      Transfer Amount”
shall
      be USD 50,000.

     

    Rounding: The
      Delivery Amount will be rounded up to the nearest integral multiple of USD
      10,000. The Return Amount will be rounded down to the nearest integral multiple
      of USD 10,000.

     

    Valuation
      and Timing.

     

    “Valuation
      Agent”
      means
      Party A; provided, however, that if an Event of Default shall have occurred
      with
      respect to which Party A is the Defaulting Party, Party B shall have the right
      to designate as Valuation Agent an independent party, reasonably acceptable
      to
      Party A, the cost for which shall be borne by Party A. All calculations by
      the
      Valuation Agent must be made in accordance with standard market practice,
      including, in the event of a dispute as to the Value of any Eligible Credit
      Support or Posted Credit Support, by making reference to quotations received
      by
      the Valuation Agent from one or more Pricing Sources.

     

    “Valuation
      Date” means
      the
      first Local Business Day in each week on which any of the S&P Credit Support
      Amount, the Moody’s First Trigger Credit Support Amount or the Moody’s Second
      Trigger Credit Support Amount is greater than zero.

     

    “Valuation
      Time” means
      the
      close of business in the city of the Valuation Agent on the Local Business
      Day
      immediately preceding the Valuation Date or date of calculation, as applicable;
      provided
      that the
      calculations of Value and Exposure will be made as of approximately the same
      time on the same date. The Valuation Agent will notify each party (or the other
      party, if the Valuation Agent is a party) of its calculations not later than
      the
      Notification Time on the applicable Valuation Date (or in the case of Paragraph
      6(d), the Local Business Day following the day on which such relevant
      calculations are performed).

     

    “Notification
      Time” means
      11:00 a.m., New York time, on a Local Business Day. 

     

    External
      Verification.
      Notwithstanding anything to the contrary in the definitions of Valuation Agent
      or Valuation Date, at any time at which Party A (or, to the extent applicable,
      its Credit Support Provider) does not have a long-term unsubordinated and
      unsecured debt rating of at least “BBB+” from S&P, the Valuation Agent shall
      (A) calculate the Secured Party’s Exposure and the S&P Value of Posted
      Credit Support on each Valuation Date based on internal marks and (B) verify
      such calculations with external marks monthly by obtaining on the last Local
      Business Day of each calendar month two external marks for each Transaction
      to
      which this Annex relates and for all Posted Credit Support; such verification
      of
      the Secured Party’s Exposure shall be based on the higher of the two external
      marks. Each external mark in respect of a Transaction shall be obtained from
      an
      independent Reference Market-maker that would be eligible and willing to enter
      into such Transaction in the absence of the current derivative provider,
      provided that an external mark may not be obtained from the same Reference
      Market-maker more than four times in any 12-month period. The Valuation Agent
      shall obtain these external marks directly or through an independent third
      party, in either case at no cost to Party B. The Valuation Agent shall calculate
      on each Valuation Date (for purposes of this paragraph, the last Local Business
      Day in each calendar month referred to above shall be considered a Valuation
      Date) the Secured Party’s Exposure based on the greater of the Valuation Agent’s
      internal marks and the external marks received. If the S&P Value on any such
      Valuation Date of all Posted Credit Support then held by the Secured Party
      is
      less than the S&P Credit Support Amount on such Valuation Date (in each case
      as determined pursuant to this paragraph), Party A shall, within three Local
      Business Days of such Valuation Date, Transfer to the Secured Party Eligible
      Credit Support having an S&P Value as of the date of Transfer at least equal
      to such deficiency. 

     

    Notice
      to S&P.
      At any
      time at which Party A (or, to the extent applicable, its Credit Support
      Provider) does not have a long-term unsubordinated and unsecured debt rating
      of
      at least “BBB+” from S&P, the Valuation Agent shall provide to S&P not
      later than the Notification Time on the Local Business Day following each
      Valuation Date its calculations of the Secured Party’s Exposure and the S&P
      Value of any Eligible Credit Support or Posted Credit Support for that Valuation
      Date. The Valuation Agent shall also provide to S&P any external marks
      received pursuant to the preceding paragraph.

     

    Conditions
      Precedent and Secured Party’s Rights and Remedies.
      None.

     

    Substitution.

     

    “Substitution
      Date”
has
      the
      meaning specified in Paragraph 4(d)(ii).

     

    Consent.
      If
      specified here as applicable, then the Pledgor must obtain the Secured Party’s
      consent for any substitution pursuant to Paragraph 4(d):
      Inapplicable.

     

    Dispute
      Resolution.

     

    “Resolution
      Time”
means
      1:00 p.m. New York time on the Local Business Day following the date on which
      the notice of the dispute is given under Paragraph 5.

     

    Value.
      Notwithstanding anything to the contrary in Paragraph 12, for the purpose of
      Paragraphs 5(i)(C) and 5(ii), the S&P Value, Moody’s First Trigger Value,
      and Moody’s Second Trigger Value, on any date, of Eligible Collateral other than
      Cash will be calculated as follows: 

     

     

    For
      Eligible Collateral in the form of securities listed in Paragraph 13(b)(ii):
      the
      sum of (A) the product of (1)(x) the bid price at the Valuation Time for such
      securities on the principal national securities exchange on which such
      securities are listed, or (y) if such securities are not listed on a national
      securities exchange, the bid price for such securities quoted at the Valuation
      Time by any principal market maker for such securities selected by the Valuation
      Agent, or (z) if no such bid price is listed or quoted for such date, the bid
      price listed or quoted (as the case may be) at the Valuation Time for the day
      next preceding such date on which such prices were available and (2) the
      applicable Valuation Percentage for such Eligible Collateral, and (B) the
      accrued interest on such securities (except to the extent Transferred to the
      Pledgor pursuant to Paragraph 6(d)(ii) or included in the applicable price
      referred to in the immediately preceding clause (A)) as of such
      date.

     

    Alternative.
      The
      provisions of Paragraph 5 will apply.

     

    Holding
      and Using Posted Collateral.

     

    (i)          
       Eligibility
      to Hold Posted Collateral; Custodians.  

     

    A
      Custodian will be entitled to hold Posted Collateral on behalf of Party B
      pursuant to Paragraph 6(b); provided that:

     

     

    (1)
      Party
      B may appoint as Custodian (A) the entity then serving as Swap Administrator
      or
      (B) any entity other than the entity then serving as Swap Administrator if
      such
      other entity (or, to the extent applicable, its parent company or credit support
      provider) shall then have a short-term unsecured and unsubordinated debt rating
      from S&P of at least “A-1.”

     

     

    (2)
      Posted Collateral may be held only in the following jurisdiction: United
      States.

     

    Initially,
      the Custodian for Party B is: the Swap Administrator. 

     

    
      	 	
              (ii)

            	
              Use
                of Posted Collateral.
                The provisions of Paragraph 6(c)(i) will not apply to Party B, but
                the
                provisions of Paragraph 6(c)(ii) will apply to Party B.
                

            

    

     

    (iii)          Notice.
      If a
      party or its Custodian fails to meet the criteria for eligibility to hold (or,
      in the case of a party, to use) Posted Collateral set forth in this Paragraph
      13(g), such party shall promptly notify the other party of such
      ineligibility.

     

    Distributions
      and Interest Amount.

     

    Interest
      Rate.
      The
“Interest
      Rate”
will
      be
      the actual interest rate earned on Posted Collateral in the form of Cash that
      is
      held by Party B or its Custodian. Posted Collateral in the form of Cash shall
      be
      invested in such overnight (or redeemable within two Local Business Days of
      demand) Permitted Investments rated at least (x) AAAm or AAAm-G by S&P and
      (y) Prime-1 by Moody’s or Aaa by Moody’s, as directed by Party A (unless (x) an
      Event of Default or an Additional Termination Event has occurred with respect
      to
      which Party A is the defaulting or sole Affected Party or (y) an Early
      Termination Date has been designated, in which case such investment shall be
      held uninvested). Gains and losses incurred in respect of any investment of
      Posted Collateral in the form of Cash in Permitted Investments as directed
      by
      Party A shall be for the account of Party A.

     

    Transfer
      of Interest Amount.
      The
      Transfer of the Interest Amount will be made on the second Local Business Day
      following the end of each calendar month and on any other Local Business Day
      on
      which Posted Collateral in the form of Cash is Transferred to the Pledgor
      pursuant to Paragraph 3(b); provided, however, that the obligation of Party
      B to
      Transfer any Interest Amount to Party A shall be limited to the extent that
      Party B has earned and received such funds and such funds are available to
      Party
      B. 

     

    Alternative
      to Interest Amount.
      The
      provisions of Paragraph 6(d)(ii) will apply.

     

    Additional
      Representation(s).
      There
      are no additional representations by either party.

     

    Other
      Eligible Support and Other Posted Support.

     

    “Value”
with
      respect to Other Eligible Support and Other Posted Support means: not
      applicable. 

     

    “Transfer”
with
      respect to Other Eligible Support and Other Posted Support means: not
      applicable.

     

    Demands
      and Notices.All
      demands, specifications and notices under this Annex will be made pursuant
      to
      the Notices Section of this Agreement, except that any demand, specification
      or
      notice shall be given to or made at the following addresses, or at such other
      address as the relevant party may from time to time designate by giving notice
      (in accordance with the terms of this paragraph) to the other
      party:

     

    If
      to
      Party A:

     

    ABN
      AMRO
      Bank N.V., London Branch      

    199
      Bishopsgate, 

    London,
      EC2M 3XW, 

    United
      Kingdom 

    Attention:
       Fixed Income Derivatives Documentation

    

    If
      to
      Party B, at the address specified pursuant to the Notices Section of this
      Agreement.

     

    If
      to
      Party B’s Custodian:   

    LaSalle
      Bank National Association      

    135
      South
      LaSalle Street, Suite 1511

    Chicago,
      IL 60603

    Attn:
      Global Securities and Trust Services - BSABS 2007-FS1

    Phone: 312-992-4855

    Fax: 312-904-1368

    

    Address
      for Transfers.
      Each
      Transfer hereunder shall be made to the address specified below or to an address
      specified in writing from time to time by the party to which such Transfer
      will
      be made.

     

    Party
      A
      account details for holding collateral:  

    ABN
      AMRO
      Bank, NY

    ABA
      #026009580

    A/C
      674054501541

    F/A
      ABN
      AMRO Bank NV London Branch

    

    Party
      B’s
      Custodian account details for holding collateral: 

    LaSalle
      Bank N.A.

    ABA
      #:
      071 000 505 

    LaSalle
      CHGO/CTR/BNF:/LaSalle Trust

    Acct
      #:
      724521.4

    Att:
      Hans
      Gehrke 312-992-4855

    

    Other
      Provisions.

     

    Collateral
      Account.
      Party B
      shall open and maintain a segregated account, which shall be an Eligible
      Account, and hold, record and identify all Posted Collateral in such segregated
      account established pursuant to the Swap Administration Agreement.

     

    Agreement
      as to Single Secured Party and Single Pledgor.
      Party A
      and Party B hereby agree that, notwithstanding anything to the contrary in
      this
      Annex, (a) the term “Secured Party” as used in this Annex means only Party B,
      (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party
      A makes the pledge and grant in Paragraph 2, the acknowledgement in the final
      sentence of Paragraph 8(a) and the representations in Paragraph 9.

     

    Calculation
      of Value.
      Paragraph 4(c) is hereby amended by deleting the word “Value” and inserting in
      lieu thereof “S&P Value, Moody’s First Trigger Value, Moody’s Second Trigger
      Value”. Paragraph 4(d)(ii) is hereby amended by (A) deleting the words “a Value”
and inserting in lieu thereof “an S&P Value, Moody’s First Trigger Value,
      and Moody’s Second Trigger Value” and (B) deleting the words “the Value” and
      inserting in lieu thereof “S&P Value, Moody’s First Trigger Value, and
      Moody’s Second Trigger Value”. Paragraph 5 (flush language) is hereby amended by
      deleting the word “Value” and inserting in lieu thereof “S&P Value, Moody’s
      First Trigger Value, or Moody’s Second Trigger Value”. Paragraph 5(i) (flush
      language) is hereby amended by deleting the word “Value” and inserting in lieu
      thereof “S&P Value, Moody’s First Trigger Value, and Moody’s Second Trigger
      Value”. Paragraph 5(i)(C) is hereby amended by deleting the word “the Value, if”
and inserting in lieu thereof “any one or more of the S&P Value, Moody’s
      First Trigger Value, or Moody’s Second Trigger Value, as may be”. Paragraph
      5(ii) is hereby amended by (1) deleting the first instance of the words “the
      Value” and inserting in lieu thereof “any one or more of the S&P Value,
      Moody’s First Trigger Value, or Moody’s Second Trigger Value” and (2) deleting
      the second instance of the words “the Value” and inserting in lieu thereof “such
      disputed S&P Value, Moody’s First Trigger Value, or Moody’s Second Trigger
      Value”. Each of Paragraph 8(b)(iv)(B) and Paragraph 11(a) is hereby amended by
      deleting the word “Value” and inserting in lieu thereof “least of the S&P
      Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”.

     

    Form
      of Annex. Party
      A
      and Party B hereby agree that the text of Paragraphs 1 through 12, inclusive,
      of
      this Annex is intended to be the printed form of ISDA Credit Support Annex
      (Bilateral Form - ISDA Agreements Subject to New York Law Only version) as
      published and copyrighted in 1994 by the International Swaps and Derivatives
      Association, Inc.

     

    Events
      of Default.
      Paragraph 7 will not apply to cause any Event of Default to exist with respect
      to Party B except that Paragraph 7(i) will apply to Party B solely in respect
      of
      Party B’s obligations under Paragraph 3(b) of the Credit Support Annex.
      Notwithstanding anything to the contrary in Paragraph 7, any failure by Party
      A
      to comply with or perform any obligation to be complied with or performed by
      Party A under the Credit Support Annex shall only be an Event of Default if
      (A) a
      Required Ratings Downgrade Event has occurred and been continuing for 30 or
      more
      Local Business Days, and (B) such failure is not remedied on or before the
      third
      Local Business Day after notice of such failure is given to Party
      A.

     

    Expenses.
      Notwithstanding anything to the contrary in Paragraph 10, the Pledgor will
      be
      responsible for, and will reimburse the Secured Party for, all transfer and
      other taxes and other costs involved in any Transfer of Eligible
      Collateral.

     

    Withholding.
      Paragraph 6(d)(ii) is hereby amended by inserting immediately after “the
      Interest Amount” in the fourth line thereof the words “less any applicable
      withholding taxes.”

     

    (ix) Additional
      Definitions.
      As used
      in this Annex:

     

    “Collateral
      Event” means
      that no Relevant Entity has credit ratings at least equal to the Approved
      Ratings Threshold.

    “DV01”
      means,
      with respect to a Transaction and any date of determination, the estimated
      change in the Secured Party’s Transaction Exposure with respect to such
      Transaction that would result from a one basis point change in the relevant
      swap
      curve on such date, as determined by the Valuation Agent in good faith and
      in a
      commercially reasonable manner. The Valuation Agent shall, upon request of
      Party
      B, provide to Party B a statement showing in reasonable detail such
      calculation.

    “Exposure”
      has the meaning specified in Paragraph 12, except that after the word
“Agreement” the words “(assuming, for this purpose only, that Part 1(f) of the
      Schedule is deleted)” shall be inserted. 

    “Local
      Business Day”
means,
      for purposes of this Annex: any day on which (A) commercial banks are open
      for
      business (including dealings in foreign exchange and foreign currency deposits)
      in New York and the location of Party A, Party B and any Custodian, and (B)
      in
      relation to a Transfer of Eligible Collateral, any day on which the clearance
      system agreed between the parties for the delivery of Eligible Collateral is
      open for acceptance and execution of settlement instructions (or in the case
      of
      a Transfer of Cash or other Eligible Collateral for which delivery is
      contemplated by other means a day on which commercial banks are open for
      business (including dealings in foreign exchange and foreign deposits) in New
      York and the location of Party A, Party B and any Custodian. 

    “Moody’s
      First Trigger Event” means
      that no Relevant Entity has credit ratings from Moody’s at least equal to the
      Moody’s First Trigger Ratings Threshold.

    “Moody’s
      First Trigger Credit Support Amount” means,
      for any Valuation Date, the excess, if any, of

    
      	 	
              (I)

            	
              (A)

            	
              for
                any Valuation Date on which (I) a Moody’s First Trigger Ratings Event has
                occurred and has been continuing (x) for at least 30 Local Business
                Days
                or (y) since this Annex was executed and (II) it is not the case
                that a
                Moody’s Second Trigger Ratings Event has occurred and been continuing for
                at least 30 Local Business Days, an amount equal to the greater of
                (a)
                zero and (b) the sum of (i) the Secured Party’s Exposure for such
                Valuation Date and (ii) the sum, for each Transaction to which this
                Annex
                relates, of the lesser of (x) the product of the Moody’s First Trigger
                DV01 Multiplier and DV01 for such Transaction and such Valuation
                Date and
                (y) the product of (i) Moody’s First Trigger Notional Amount Multiplier,
                (ii) 100, and (iii) the Notional Amount for such Transaction for
                the
                Calculation Period for such Transaction (each as defined in the related
                Confirmation) which includes such Valuation Date; or
                

            

    

    
      	 	
              (B)

            	
              for
                any other Valuation Date, zero,
                over

            

    

    (II) the
      Threshold for Party A such Valuation Date.

    “Moody’s
      First Trigger DV01 Multiplier”
      means
      25.

    “Moody’s
      First Trigger Value”
      means,
      on any date and with respect to any Eligible Collateral other than Cash, the
      bid
      price obtained by the Valuation Agent multiplied by the Moody’s First Trigger
      Valuation Percentage for such Eligible Collateral set forth in Paragraph
      13(b)(ii).

    “Moody’s
      First Trigger Notional Amount Multiplier”
      means
      4%.

    “Moody’s
      Second Trigger Credit Support Amount”
      means,
      for any Valuation Date, the excess, if any, of

    
      	 	
              (I)

            	
              (A)

            	
              for
                any Valuation Date on which it is the case that a Moody’s Second Trigger
                Ratings Event has occurred and been continuing for at least 30 Local
                Business Days, an amount equal to the greatest of (a) zero, (b) the
                aggregate amount of the Next Payments for all Next Payment Dates,
                and (c)
                the sum of (x) the Secured Party’s Exposure for such Valuation Date and
                (y) the sum, for each Transaction to which this Annex relates,
                of

            

    

     

    (1)
      if such Transaction is not a Transaction-Specific Hedge, the lesser of (i)
      the
      product of the Moody’s Second Trigger DV01 Multiplier and DV01 for such
      Transaction and such Valuation Date and (ii) the product of (1) the Moody’s
      Second Trigger Notional Amount Multiplier, (2) 100, and (3) the Notional Amount
      for such Transaction for the Calculation Period for such Transaction (each
      as
      defined in the related Confirmation) which includes such Valuation
      Date;or

     

    (2)
      if such Transaction is a Transaction-Specific Hedge, the lesser of (i) the
      product of the Moody’s Second Trigger Transaction-Specific Hedge DV01 Multiplier
      and DV01 for such Transaction and such Valuation Date and (ii) the product
      of
      (1) the Moody’s Second Trigger Transaction-Specific Hedge Notional Amount
      Multiplier, (2) 100, and (3) the Notional Amount for such Transaction for the
      Calculation Period for such Transaction (each as defined in the related
      Confirmation) which includes such Valuation Date; or 

     

    
      	 	
              (B)

            	
              for
                any other Valuation Date, zero,
                over

            

    

    (II) the
      Threshold for Party A for such Valuation Date.

    “Moody’s
      Second Trigger DV01 Multiplier”
      means
      60.

    “Moody’s
      Second Trigger Notional Amount Multiplier”
      means
      9%.

    “Moody’s
      Second Trigger Transaction-Specific Hedge DV01
      Multiplier”
      means
      75.

    “Moody’s
      Second Trigger Transaction-Specific Hedge Notional Amount
      Multiplier”
      means
      11%.

    “Moody’s
      Second Trigger Value”
      means,
      on any date and with respect to any Eligible Collateral other than Cash, the
      bid
      price obtained by the Valuation Agent multiplied by the Moody’s Second Trigger
      Valuation Percentage for such Eligible Collateral set forth in Paragraph
      13(b)(ii).

    “Next
      Payment”
      means,
      in respect of each Next Payment Date, the greater of (i) the amount of any
      payments due to be made by Party A under Section 2(a) on such Next Payment
      Date
      less any payments due to be made by Party B under Section 2(a) on such Next
      Payment Date (in each case, after giving effect to any applicable netting under
      Section 2(c)) and (ii) zero.

    “Next
      Payment Date”
      means
      each date on which the next scheduled payment under any Transaction is due
      to be
      paid.

    “Pricing
      Sources”
      means
      the sources of financial information commonly known as Bloomberg, Bridge
      Information Services, Data Resources Inc., Interactive Data Services,
      International Securities Market Association, Merrill Lynch Securities Pricing
      Service, Muller Data Corporation, Reuters, Wood Gundy, Trepp Pricing, JJ Kenny,
      S&P and Telerate.

    “Remaining
      Weighted Average Maturity”
      means,
      with respect to a Transaction, the expected weighted average maturity for such
      Transaction as determined by the Valuation Agent.

    “S&P
      Approved Ratings Downgrade Event”
      means
      that no Relevant Entity has credit ratings at least equal to the S&P
      Approved Ratings Threshold.

    “S&P
      Credit Support Amount”
      means,
      for any Valuation Date, the excess, if any, of

    
      	 	 	 	 

      	 	
              (I)

            	
              (A)
                

            	
              for
                any Valuation Date on which (i) a S&P Approved Ratings Downgrade Event
                has occurred and been continuing for at least 30 days, or (ii) a
                S&P
                Required Ratings Downgrade Event has occurred and is continuing,
                an amount
                equal to the sum of (1) 100.0% of the Secured Party’s Exposure for such
                Valuation Date and (2) the sum, for each Transaction to which this
                Annex
                relates, of the product of (i) the Volatility Buffer for such Transaction,
                (ii) 100 and (iii) the Notional Amount of such Transaction for the
                Calculation Period (each as defined in the related Confirmation)
                of such
                Transaction which includes such Valuation Date, or
                

            

      	 	 	 	 

    

    
      	 	
              (B)

            	
              for
                any other Valuation Date, zero, over

            

      	 	 	 

    

    (II) the
      Threshold for Party A for such Valuation Date.

    “S&P
      Required Ratings Downgrade Event” means
      that no Relevant Entity has credit ratings at least equal to the S&P
      Required Ratings Threshold.

    “S&P
      Value”
      means,
      on any date and with respect to any Eligible Collateral other than Cash, the
      product of (A) the bid price obtained by the Valuation Agent for such Eligible
      Collateral and (B) the S&P Valuation Percentage for such Eligible Collateral
      set forth in paragraph 13(b)(ii).

     

    “Transaction
      Exposure”
      means,
      for any Transaction, Exposure determined as if such Transaction were the only
      Transaction between the Secured Party and the Pledgor.

    “Transaction-Specific
      Hedge” means
      any
      Transaction that is (i) an interest rate swap in respect of which (x) the
      notional amount of the interest rate swap is “balance guaranteed” or (y) the
      notional amount of the interest rate swap for any Calculation Period (as defined
      in the related Confirmation) otherwise is not a specific dollar amount that
      is
      fixed at the inception of the Transaction, (ii) an interest rate cap, (iii)
      an
      interest rate floor or (iv) an interest rate swaption.

    “Valuation
      Percentage”
      shall
      mean, for purposes of determining the S&P Value, Moody’s First Trigger
      Value, or Moody’s Second Trigger Value with respect to any Eligible Collateral
      or Posted Collateral, the applicable S&P Valuation Percentage, Moody’s First
      Trigger Valuation Percentage, or Moody’s Second Trigger Valuation Percentage for
      such Eligible Collateral or Posted Collateral, respectively, in each case as
      set
      forth in Paragraph 13(b)(ii).

    “Value”
      shall
      mean, in respect of any date, the related S&P Value, the related Moody’s
      First Trigger Value, and the related Moody’s Second Trigger Value.

    “Volatility
      Buffer”
      means,
      for any Transaction, the related percentage set forth in the following table.
      

     

    
      	
              The
                higher of the S&P credit rating of (i) Party A and (ii) the Credit
                Support Provider of Party A, if applicable

            	
              Remaining
                Weighted Average Maturity of such Transaction

              up
                to 3 years

            	
              Remaining
                Weighted Average Maturity

              of
                such Transaction up to 5 years

            	
              Remaining
                Weighted Average Maturity of such Transaction

              up
                to 10 years

            	
              Remaining
                Weighted Average Maturity of such Transaction

              up
                to 30 years

            
	
              “A-2”
                or higher

            	
              2.75%

            	
              3.25%

            	
              4.00%

            	
              4.75%

            
	
              “A-3”

            	
              3.25%

            	
              4.00%

            	
              5.00%

            	
              6.25%

            
	
              “BB+”
                or
                lower

            	
              3.50%

            	
              4.50%

            	
              6.75%

            	
              7.50%

            

    

    

    

    

     

    [Remainder
      of this page intentionally left blank]

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have executed this Annex by their duly authorized
      representatives as of the date of the Agreement.

    

    

    
      	
              ABN
                AMRO Bank N.V.

            	 	
              LaSalle
                Bank National Association, not individually, but solely as Supplemental
                Interest Trust Trustee on behalf of the Supplemental Interest Trust
                with
                respect to the Bear Stearns Asset Backed Securities I Trust 2007-FS1,
                Asset-Backed Certificates, Series 2007-FS1

            
	 	 	 	 	 
	 	 	 	 	 
	
              By:

            	 	 	
              By:

            	 
	
              Name:

            	 	 	
              Name:

            	 
	
              Title:

            	 	 	
              Title:

            	 
	
              Date:

            	 	 	
              Date:

            	 

    

    

    
      	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	
              By:

            	 	 	 	 
	
              Name:

            	 	 	 	 
	
              Title:

            	 	 	 	 
	
              Date:

            	 	 	 	 

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Annex
      B

    

    ITEM
      1115 AGREEMENT

     

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    EXHIBIT
      N

     

    [Reserved]

     

     

     

     

     

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    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 1511

    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 2007-FS1-SEC REPORT PROCESSING

     

    RE:
      **Additional Form [ ] Disclosure**Required

     

    Ladies
      and Gentlemen:

     

    In
      accordance with Section 3.16(a)(iv) of the Pooling and Servicing Agreement,
      dated as of February 1, 2007, 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:

            	 

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      S

     

    FORM
      OF TRANSFEROR AFFIDAVIT

     

    
      	
              STATE
                OF NEW YORK

            	
              )

            	 
	 	
              )

            	
              ss.:

            
	
              COUNTY
                OF NEW YORK

            	
              )

            	 

    

     

    The
      undersigned is the [Title of Officer] of [Name of Transferor] (the “Owner”), the
      proposed transferor of an Ownership Interest in the Bear Stearns Asset Backed
      Securities I LLC Asset-Backed Certificates, Series 2007-FS1, Class
      [R-1][R-2][R-3][RX] Certificate (the “Certificate”) issued
      pursuant to the Pooling and Servicing Agreement, dated as of February 1, 2007
      (the “Agreement”), 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”),
      and
      makes this affidavit on behalf of the Owner for the benefit of the
      Depositor
      and the
      Trustee. Capitalized terms used, but not defined herein, shall have the meanings
      ascribed to such terms in the
      Agreement. 

     

    1.
       The
      Owner
      is not transferring the Certificate to impede the assessment or collection
      of
      any tax.

     

    2.
       The
      Owner
      has no actual knowledge that the proposed transferee of the Certificate: (i)
      has
      insufficient assets to pay any taxes that would be owed by such transferee
      as
      Holder of the Certificate; (ii) may become insolvent or subject to a bankruptcy
      proceeding for so long as the Certificate remains outstanding; and (iii) is
      not
      a Permitted Transferee.

     

    3.
       The
      Owner
      understands that the proposed transferee has delivered to the Trustee and the
      Depositor a transfer affidavit and agreement in the form attached to the
      Agreement as Exhibit C. The Owner does not know or believe that any
      representation contained therein is false.

     

    4.
       At
      the
      time of transfer, the Owner has conducted a reasonable investigation of the
      financial condition of the proposed transferee as contemplated by Treasury
      Regulation Section 1.860E-1(c)(4)(i) and, as a result of that investigation,
      the
      Owner has determined that the proposed transferee has historically paid its
      debts as they became due and has found no significant evidence to indicate
      that
      the proposed transferee will not continue to pay its debts as they become due
      in
      the future. The Owner understands that the transfer of the Certificate may
      not
      be respected for U.S. federal income tax purposes (and the Owner may continue
      to
      be liable for U.S. federal income taxes associated therewith) unless the Owner
      has conducted such an investigation.

     

    

     

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    

     

    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 OWNER]

            
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	
              By:

            	 
	 	 	 	 	 	 	
              Name:

            	
              [Name
                of Officer]

            
	 	 	 	 	 	 	
              Title:

            	
              [Title
                of Officer]

            
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 

    

    

     

    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 Owner, 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 Owner.

     

    Subscribed
      and sworn before me this ___ day of _________, 20___.

     

    NOTARY
      PUBLIC

     

    COUNTY
      OF

     

    STATE
      OF

     

    My
      commission expires the ___ day of ___________________, 20___.Unassociated Document

    

    

    

    

    FINANCIAL
      ASSET SECURITIES CORP.,

    Depositor

    

    

    OCWEN
      LOAN SERVICING, LLC.,

    Servicer

    

    

    WELLS
      FARGO BANK, N.A.,

    Master
      Servicer and Trust Administrator

    

    

    DEUTSCHE
      BANK NATIONAL TRUST COMPANY,

    Trustee
      

    

    

    

    POOLING
      AND SERVICING AGREEMENT

    

    Dated
      as
      of February 1, 2007

    

    

    ___________________________

    Soundview
      Home Loan Trust 2007-1

    

    Asset-Backed
      Certificates, Series 2007-1

    

    

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Table
      of Contents

     

    
      	
               

              ARTICLE
                I

              DEFINITIONS

               

            
	
              SECTION
                1.01

            	
              Defined
                Terms.

            
	
              SECTION
                1.02

            	
              Accounting.

            
	
              SECTION
                1.03

            	
              Allocation
                of Certain Interest Shortfalls.

            
	
              SECTION
                1.04

            	
              Rights
                of the NIMS Insurer.

            
	
               

              ARTICLE
                II

              CONVEYANCE
                OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES

               

            
	
              SECTION
                2.01

            	
              Conveyance
                of Mortgage Loans.

            
	
              SECTION
                2.02

            	
              Acceptance
                by Trustee.

            
	
              SECTION
                2.03

            	
              Repurchase
                or Substitution of Mortgage Loans by an Originator or the
                Seller.

            
	
              SECTION
                2.04

            	
              [Reserved].

            
	
              SECTION
                2.05

            	
              Representations,
                Warranties and Covenants of Ocwen and the Master
                Servicer.

            
	
              SECTION
                2.06

            	
              Representations
                and Warranties of the Depositor.

            
	
              SECTION
                2.07

            	
              Issuance
                of Certificates.

            
	
              SECTION
                2.08

            	
              Authorization
                to Enter into Basis Risk Cap Agreement, Interest Rate Cap Agreement
                and
                Interest Rate Swap Agreement.

            
	
              SECTION
                2.09

            	
              Conveyance
                of REMIC Regular Interests and Acceptance of REMIC 1, REMIC 2, REMIC
                3,
                REMIC 4, REMIC 5 and REMIC 6 by the Trustee; Issuance of
                Certificates.

            
	
               

              ARTICLE
                III

              ADMINISTRATION
                AND SERVICING OF THE MORTGAGE LOANS

               

            
	
              SECTION
                3.01

            	
              Ocwen
                to Act as a Servicer.

            
	
              SECTION
                3.02

            	
              Sub-Servicing
                Agreements Between Ocwen and Sub-Servicers;
                Subcontractors.

            
	
              SECTION
                3.03

            	
              Successor
                Sub-Servicers.

            
	
              SECTION
                3.04

            	
              Liability
                of Ocwen.

            
	
              SECTION
                3.05

            	
              No
                Contractual Relationship Between Sub-Servicers and the Trustee, the
                Trust
                Administrator, the NIMS Insurer or Certificateholders.

            
	
              SECTION
                3.06

            	
              Assumption
                or Termination of Sub-Servicing Agreements by Master
                Servicer.

            
	
              SECTION
                3.07

            	
              Collection
                of Certain Mortgage Loan Payments.

            
	
              SECTION
                3.08

            	
              Sub-Servicing
                Accounts.

            
	
              SECTION
                3.09

            	
              Collection
                of Taxes, Assessments and Similar Items; Servicing
                Accounts.

            
	
              SECTION
                3.10

            	
              Collection
                Account.

            
	
              SECTION
                3.11

            	
              Withdrawals
                from the Collection Account.

            
	
              SECTION
                3.12

            	
              Investment
                of Funds in the Collection Account.

            
	
              SECTION
                3.13

            	
              [Reserved].

            
	
              SECTION
                3.14

            	
              Maintenance
                of Hazard Insurance and Errors and Omissions and Fidelity
                Coverage.

            
	
              SECTION
                3.15

            	
              Enforcement
                of Due-On-Sale Clauses; Assumption Agreements.

            
	
              SECTION
                3.16

            	
              Realization
                Upon Defaulted Mortgage Loans.

            
	
              SECTION
                3.17

            	
              Trustee
                to Cooperate; Release of Mortgage Files.

            
	
              SECTION
                3.18

            	
              Servicing
                Compensation.

            
	
              SECTION
                3.19

            	
              Reports;
                Collection Account Statements.

            
	
              SECTION
                3.20

            	
              Statement
                as to Compliance.

            
	
              SECTION
                3.21

            	
              Assessments
                of Compliance and Attestation Reports.

            
	
              SECTION
                3.22

            	
              Access
                to Certain Documentation.

            
	
              SECTION
                3.23

            	
              Title,
                Management and Disposition of REO Property.

            
	
              SECTION
                3.24

            	
              Obligations
                of Ocwen in Respect of Prepayment Interest Shortfalls.

            
	
              SECTION
                3.25

            	
              Obligations
                of Ocwen in Respect of Monthly Payments.

            
	
              SECTION
                3.26

            	
              [Reserved].

            
	
              SECTION
                3.27

            	
              [Reserved].

            
	
              SECTION
                3.28

            	
              Late
                Remittance.

            
	
              SECTION
                3.29

            	
              Advance
                Facility.

            
	
              SECTION
                3.30

            	
              Solicitations.

            
	
               

              ARTICLE
                IIIA

              ADMINISTRATION
                AND SERVICING OF THE MORTGAGE LOANS

               

            
	
              SECTION
                3A.01

            	
              Master
                Servicer to Act as Master Servicer.

            
	
              SECTION
                3A.02

            	
              [Reserved].

            
	
              SECTION
                3A.03

            	
              Monitoring
                of Servicers.

            
	
              SECTION
                3A.04

            	
              Fidelity
                Bond.

            
	
              SECTION
                3A.05

            	
              Power
                to Act; Procedures.

            
	
              SECTION
                3A.06

            	
              Due
                on Sale Clauses; Assumption Agreements.

            
	
              SECTION
                3A.07

            	
              [Reserved].

            
	
              SECTION
                3A.08

            	
              Documents,
                Records and Funds in Possession of Master Servicer to be Held for
                Trustee.

            
	
              SECTION
                3A.09

            	
              Compensation
                for the Master Servicer.

            
	
              SECTION
                3A.10

            	
              Obligations
                of the Master Servicer in Respect of Prepayment Interest
                Shortfalls.

            
	
              SECTION
                3A.11

            	
              Distribution
                Account.

            
	
              SECTION
                3A.12

            	
              Permitted
                Withdrawals and Transfers from the Distribution
                Account.

            
	
               

              ARTICLE
                IV

              FLOW
                OF FUNDS

               

            
	
              SECTION
                4.01

            	
              Distributions.

            
	
              SECTION
                4.02

            	
              [Reserved].

            
	
              SECTION
                4.03

            	
              Statements.

            
	
              SECTION
                4.04

            	
              Remittance
                Reports; Advances.

            
	
              SECTION
                4.05

            	
              Commission
                Reporting.

            
	
              SECTION
                4.06

            	
              [Reserved].

            
	
              SECTION
                4.07

            	
              [Reserved].

            
	
              SECTION
                4.08

            	
              Distributions
                on the REMIC Regular Interests.

            
	
              SECTION
                4.09

            	
              Allocation
                of Realized Losses.

            
	
              SECTION
                4.10

            	
              Swap
                Account.

            
	
              SECTION
                4.11

            	
              Tax
                Treatment of Swap Payments and Swap Termination
                Payments.

            
	
              SECTION
                4.12

            	
              Cap
                Account.

            
	
              SECTION
                4.13

            	
              Net
                WAC Rate Carryover Reserve Account.

            
	
              SECTION
                4.14

            	
              Collateral
                Accounts

            
	
              SECTION
                4.15

            	
              Rights
                and Obligations Under the Basis Risk Cap Agreement, the Interest
                Rate Cap
                Agreement and the Interest Rate Swap Agreement.

            
	
               

              ARTICLE
                V

              THE
                CERTIFICATES

               

            
	
              SECTION
                5.01

            	
              The
                Certificates.

            
	
              SECTION
                5.02

            	
              Registration
                of Transfer and Exchange of Certificates.

            
	
              SECTION
                5.03

            	
              Mutilated,
                Destroyed, Lost or Stolen Certificates.

            
	
              SECTION
                5.04

            	
              Persons
                Deemed Owners.

            
	
              SECTION
                5.05

            	
              Appointment
                of Paying Agent.

            
	
               

              ARTICLE
                VI

              THE
                MASTER SERVICER, OCWEN aND THE DEPOSITOR

               

            
	
              SECTION
                6.01

            	
              Liability
                of the Master Servicer, Ocwen and the Depositor.

            
	
              SECTION
                6.02

            	
              Merger
                or Consolidation of, or Assumption of the Obligations of Ocwen, the
                Master
                Servicer or the Depositor.

            
	
              SECTION
                6.03

            	
              Limitation
                on Liability of Ocwen, the Master Servicer and Others.

            
	
              SECTION
                6.04

            	
              Limitation
                on Resignation of Ocwen; Assignment of Master
                Servicing.

            
	
              SECTION
                6.05

            	
              Successor
                Master Servicer.

            
	
              SECTION
                6.06

            	
              Delegation
                of Duties.

            
	
              SECTION
                6.07

            	
              [Reserved].

            
	
              SECTION
                6.08

            	
              Inspection.

            
	
              SECTION
                6.09

            	
              Duties
                of the Credit Risk Manager.

            
	
              SECTION
                6.10

            	
              Limitation
                Upon Liability of the Credit Risk Manager.

            
	
              SECTION
                6.11

            	
              Removal
                of the Credit Risk Manager.

            
	
               

              ARTICLE
                VII

              DEFAULT

               

            
	
              SECTION
                7.01

            	
              Master
                Servicer Events of Termination and Servicer Events of
                Termination.

            
	
              SECTION
                7.02

            	
              Master
                Servicer or Trustee to Act; Appointment of Successor
                Servicer.

            
	
              SECTION
                7.03

            	
              Trustee
                to Act; Appointment of Successor Master Servicer.

            
	
              SECTION
                7.04

            	
              Waiver
                of Defaults.

            
	
              SECTION
                7.05

            	
              Notification
                to Certificateholders.

            
	
              SECTION
                7.06

            	
              Survivability
                of Servicer and Master Servicer Liabilities.

            
	
               

              ARTICLE
                VIII

              THE
                TRUSTEE AND THE TRUST ADMINISTRATOR

               

            
	
              SECTION
                8.01

            	
              Duties
                of Trustee and Trust Administrator.

            
	
              SECTION
                8.02

            	
              Certain
                Matters Affecting the Trustee and the Trust
                Administrator.

            
	
              SECTION
                8.03

            	
              Trustee
                and Trust Administrator Not Liable for Certificates or Mortgage
                Loans.

            
	
              SECTION
                8.04

            	
              Trustee
                and Trust Administrator May Own Certificates.

            
	
              SECTION
                8.05

            	
              Trust
                Administrator and Trustee Compensation and Expenses.

            
	
              SECTION
                8.06

            	
              Eligibility
                Requirements for Trustee and Trust Administrator.

            
	
              SECTION
                8.07

            	
              Resignation
                or Removal of Trustee or Trust Administrator.

            
	
              SECTION
                8.08

            	
              Successor
                Trustee.

            
	
              SECTION
                8.09

            	
              Merger
                or Consolidation of Trustee or Trust Administrator.

            
	
              SECTION
                8.10

            	
              Appointment
                of Co-Trustee or Separate Trustee.

            
	
              SECTION
                8.11

            	
              Limitation
                of Liability.

            
	
              SECTION
                8.12

            	
              Trustee
                May Enforce Claims Without Possession of Certificates.

            
	
              SECTION
                8.13

            	
              Suits
                for Enforcement.

            
	
              SECTION
                8.14

            	
              Waiver
                of Bond Requirement.

            
	
              SECTION
                8.15

            	
              Waiver
                of Inventory, Accounting and Appraisal Requirement.

            
	
              SECTION
                8.16

            	
              Appointment
                of the Custodians.

            
	
               

              ARTICLE
                IX

              REMIC
                ADMINISTRATION

               

            
	
              SECTION
                9.01

            	
              REMIC
                Administration.

            
	
              SECTION
                9.02

            	
              Prohibited
                Transactions and Activities.

            
	
              SECTION
                9.03

            	
              Indemnification
                with Respect to Certain Taxes and Loss of REMIC Status.

            
	
               

              ARTICLE
                X

              TERMINATION

               

            
	
              SECTION
                10.01

            	
              Termination.

            
	
              SECTION
                10.02

            	
              Additional
                Termination Requirements.

            
	
               

              ARTICLE
                XI

              MISCELLANEOUS
                PROVISIONS

               

            
	
              SECTION
                11.01

            	
              Amendment.

            
	
              SECTION
                11.02

            	
              Recordation
                of Agreement; Counterparts.

            
	
              SECTION
                11.03

            	
              Limitation
                on Rights of Certificateholders.

            
	
              SECTION
                11.04

            	
              Governing
                Law; Jurisdiction.

            
	
              SECTION
                11.05

            	
              Notices.

            
	
              SECTION
                11.06

            	
              Severability
                of Provisions.

            
	
              SECTION
                11.07

            	
              Article
                and Section References.

            
	
              SECTION
                11.08

            	
              Notice
                to the Rating Agencies.

            
	
              SECTION
                11.09

            	
              Further
                Assurances.

            
	
              SECTION
                11.10

            	
              Benefits
                of Agreement.

            
	
              SECTION
                11.11

            	
              Acts
                of Certificateholders.

            
	
              SECTION
                11.12

            	
              Intention
                of the Parties and Interpretation.

               

               

            
	
              Exhibits:

            	 
	 	 
	
              Exhibit
                A-1

            	
              Form
                of Class I-A-1 Certificates

            
	
              Exhibit
                A-2

            	
              Form
                of Class II-A-1 Certificates

            
	
              Exhibit
                A-3

            	
              Form
                of Class II-A-2 Certificates

            
	
              Exhibit
                A-4

            	
              Form
                of Class II-A-3 Certificates

            
	
              Exhibit
                A-5

            	
              Form
                of Class II-A-4 Certificates

            
	
              Exhibit
                A-6

            	
              Form
                of Class M-1 Certificates

            
	
              Exhibit
                A-7

            	
              Form
                of Class M-2 Certificates

            
	
              Exhibit
                A-8

            	
              Form
                of Class M-3 Certificates

            
	
              Exhibit
                A-9

            	
              Form
                of Class M-4 Certificates

            
	
              Exhibit
                A-10

            	
              Form
                of Class M-5 Certificates

            
	
              Exhibit
                A-11

            	
              Form
                of Class M-6 Certificates

            
	
              Exhibit
                A-12

            	
              Form
                of Class M-7 Certificates

            
	
              Exhibit
                A-13

            	
              Form
                of Class M-8A Certificates

            
	
              Exhibit
                A-14

            	
              Form
                of Class M-8B Certificates

            
	
              Exhibit
                A-15

            	
              Form
                of Class M-9 Certificates

            
	
              Exhibit
                A-16

            	
              Form
                of Class M-10 Certificates

            
	
              Exhibit
                A-17

            	
              Form
                of Class C Certificates

            
	
              Exhibit
                A-18

            	
              Form
                of Class P Certificates

            
	
              Exhibit
                A-19

            	
              Form
                of Class R Certificates

            
	
              Exhibit
                A-20 

            	
              Form
                of Class R-X Certificates

            
	
              Exhibit
                A-21

            	
              Form
                of Class X Certificates

            
	
              Exhibit
                A-22

            	
              Form
                of Class FL Certificates 

            
	
              Exhibit
                B

            	
              [Reserved]

            
	
              Exhibit
                C-1

            	
              Form
                of Mortgage Loan Purchase Agreement

            
	
              Exhibit
                C-2

            	
              Form
                of Assignment and Recognition Agreement

            
	
              Exhibit
                C-3

            	
              Form
                of Omnibus Assignment Agreement

            
	
              Exhibit
                D

            	
              Mortgage
                Loan Schedule

            
	
              Exhibit
                E

            	
              Request
                for Release

            
	
              Exhibit
                F-1

            	
              Form
                of Trustee’s Initial Certification

            
	
              Exhibit
                F-2

            	
              Form
                of Trustee’s Final Certification

            
	
              Exhibit
                F-3

            	
              Form
                of Receipt of Mortgage Note

            
	
              Exhibit
                G

            	
              Form
                of Cap Allocation Agreement

            
	
              Exhibit
                H

            	
              Form
                of Lost Note Affidavit

            
	
              Exhibit
                I

            	
              Form
                of Limited Power of Attorney

            
	
              Exhibit
                J

            	
              Form
                of Investment Letter

            
	
              Exhibit
                K

            	
              Form
                of Transfer Affidavit for Residual Certificates

            
	
              Exhibit
                L

            	
              Form
                of Transferor Certificate

            
	
              Exhibit
                M

            	
              Form
                of ERISA Representation Letter

            
	
              Exhibit
                N-1

            	
              Form
                of Certification to be Provided by the Master Servicer with Form
                10-K

            
	
              Exhibit
                N-2

            	
              Form
                of Certification to be Provided to the Master Servicer by the
                Trustee

            
	
              Exhibit
                N-3

            	
              Form
                of Certification to be Provided to the Master Servicer by
                Ocwen

            
	
              Exhibit
                O

            	
              Form
                of Interest Rate Cap Agreement

            
	
              Exhibit
                P

            	
              Additional
                Disclosure Notification

            
	
              Exhibit
                Q

            	
              Form
                of Interest Rate Swap Agreement

            
	
              Exhibit
                R-1

            	
              Form
                of Delinquency Report

            
	
              Exhibit
                R-2

            	
              Form
                of Monthly Remittance Report

            
	
              Exhibit
                R-3

            	
              Form
                of Realized Loss Report

            
	
              Exhibit
                S

            	
              Servicing
                Criteria

            
	
              Exhibit
                T

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

            
	
              Exhibit
                U 

            	
              
                Form
                  of Basis Risk Cap Agreement

              

            
	 	 
	
              Schedule
                I

            	
              Prepayment
                Charge Schedule

            

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    This
      Pooling and Servicing Agreement is dated as of February 1, 2007 (the
“Agreement”), among FINANCIAL ASSET SECURITIES CORP., as depositor (the
“Depositor”), OCWEN LOAN SERVICING, LLC, as servicer (the “Servicer”), WELLS
      FARGO BANK, N.A., as master servicer and trust administrator (the “Master
      Servicer” and “Trust Administrator”) and DEUTSCHE BANK NATIONAL TRUST COMPANY,
      as trustee (the “Trustee”).

     

    PRELIMINARY
      STATEMENT:

     

    The
      Depositor intends to sell pass-through certificates (collectively, the
“Certificates”), to be issued hereunder in multiple classes, which in the
      aggregate will evidence the entire beneficial ownership interest in the Trust
      Fund created hereunder. The Certificates will consist of twenty-two classes
      of
      certificates, designated as (i) the Class I-A-1 Certificates, (ii) the Class
      II-A-1 Certificates, (iii) the Class II-A-2 Certificates, (iv) the Class II-A-3
      Certificates, (v) the Class II-A-4 Certificates, (vi) the Class M-1
      Certificates, (vii) the Class M-2 Certificates, (viii) the Class M-3
      Certificates, (ix) the Class M-4 Certificates, (x) the Class M-5 Certificates,
      (xi) the Class M-6 Certificates, (xii) the Class M-7 Certificates, (xiii)
the
      Class
      M-8A Certificates,
      (xiv)
      the Class M-8B Certificates, (xv) the Class M-9 Certificates, (xvi) the Class
      M-10 Certificates, (xvii) the Class C Certificates, (xviii) the Class P
      Certificates, (xix) the Class R Certificates, (xx) the Class R-X Certificates
      and (xxi) the Class X Certificates, (xxi) the Class X Certificates, (xxii)
      the
      Class FL Certificates.

     

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    REMIC
      1

     

    As
      provided herein, the Trustee shall elect to treat the segregated pool of assets
      consisting of the Mortgage Loans and certain other related assets subject to
      this Agreement (exclusive of the Net WAC Rate Carryover Reserve Account, the
      Basis Risk Cap Agreement, the Interest Rate Cap Agreement, the Cap Account,
      the
      Cap Allocation Agreement, any Servicer Prepayment Charge Payment Amounts, the
      Swap Account, the Supplemental Interest Trust and the Interest Rate Swap
      Agreement) as a REMIC for federal income tax purposes, and such segregated
      pool
      of assets shall be designated as “REMIC 1.” The Class R-1 Interest shall
      represent the sole class of “residual interests” in REMIC 1 for purposes of the
      REMIC Provisions (as defined herein). The following table irrevocably sets
      forth
      the designation, the Uncertificated REMIC 1 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 1 Regular Interests (as defined herein). None of the REMIC
      1
      Regular Interests shall be certificated. 

    
      	
              Designation

            	 	
               

              Uncertificated
                REMIC 1

              Pass-Through
                Rate

            	 	
               

              Initial

              Uncertificated
                Principal Balance

            	 	
               

              Latest
                Possible

              Maturity
                Date(1)

            
	
              I

            	 	
              Variable
                (2)

            	 	 	
              $
                124,386,234.94

            	 	
              March
                2037

            
	
              I-1-A

            	 	
              Variable
                (2)

            	 	 	
              $
                8,486,160.00

            	 	
              March
                2037

            
	
              I-1-B

            	 	
              Variable
                (2)

            	 	 	
              $
                8,486,160.00

            	 	
              March
                2037

            
	
              I-2-A

            	 	
              Variable
                (2)

            	 	 	
              $
                8,492,515.00

            	 	
              March
                2037

            
	
              I-2-B

            	 	
              Variable
                (2)

            	 	 	
              $
                8,492,515.00

            	 	
              March
                2037

            
	
              I-3-A

            	 	
              Variable
                (2)

            	 	 	
              $
                8,353,457.50

            	 	
              March
                2037

            
	
              I-3-B

            	 	
              Variable
                (2)

            	 	 	
              $
                8,353,457.50

            	 	
              March
                2037

            
	
              I-4-A

            	 	
              Variable
                (2)

            	 	 	
              $
                7,902,145.00

            	 	
              March
                2037

            
	
              I-4-B

            	 	
              Variable
                (2)

            	 	 	
              $
                7,902,145.00

            	 	
              March
                2037

            
	
              I-5-A

            	 	
              Variable
                (2)

            	 	 	
              $
                8,594,595.00

            	 	
              March
                2037

            
	
              I-5-B

            	 	
              Variable
                (2)

            	 	 	
              $
                8,594,595.00

            	 	
              March
                2037

            
	
              I-6-A

            	 	
              Variable
                (2)

            	 	 	
              $
                9,204,900.00

            	 	
              March
                2037

            
	
              I-6-B

            	 	
              Variable
                (2)

            	 	 	
              $
                9,204,900.00

            	 	
              March
                2037

            
	
              I-7-A

            	 	
              Variable
                (2)

            	 	 	
              $
                9,132,952.50

            	 	
              March
                2037

            
	
              I-7-B

            	 	
              Variable
                (2)

            	 	 	
              $
                9,132,952.50

            	 	
              March
                2037

            
	
              I-8-A

            	 	
              Variable
                (2)

            	 	 	
              $
                8,771,128.75

            	 	
              March
                2037

            
	
              I-8-B

            	 	
              Variable
                (2)

            	 	 	
              $
                8,771,128.75

            	 	
              March
                2037

            
	
              I-9-A

            	 	
              Variable
                (2)

            	 	 	
              $
                7,382,617.50

            	 	
              March
                2037

            
	
              I-9-B

            	 	
              Variable
                (2)

            	 	 	
              $
                7,382,617.50

            	 	
              March
                2037

            
	
              I-10-A

            	 	
              Variable
                (2)

            	 	 	
              $
                6,668,737.50

            	 	
              March
                2037

            
	
              I-10-B

            	 	
              Variable
                (2)

            	 	 	
              $
                6,668,737.50

            	 	
              March
                2037

            
	
              I-11-A

            	 	
              Variable
                (2)

            	 	 	
              $
                6,032,302.50

            	 	
              March
                2037

            
	
              I-11-B

            	 	
              Variable
                (2)

            	 	 	
              $
                6,032,302.50

            	 	
              March
                2037

            
	
              I-12-A

            	 	
              Variable
                (2)

            	 	 	
              $
                6,189,516.25

            	 	
              March
                2037

            
	
              I-12-B

            	 	
              Variable
                (2)

            	 	 	
              $
                6,189,516.25

            	 	
              March
                2037

            
	
              I-13-A

            	 	
              Variable
                (2)

            	 	 	
              $
                28,924,417.50

            	 	
              March
                2037

            
	
              I-13-B

            	 	
              Variable
                (2)

            	 	 	
              $
                28,924,417.50

            	 	
              March
                2037

            
	
              I-14-A

            	 	
              Variable
                (2)

            	 	 	
              $
                27,157,228.75

            	 	
              March
                2037

            
	
              I-14-B

            	 	
              Variable
                (2)

            	 	 	
              $
                27,157,228.75

            	 	
              March
                2037

            
	
              I-15-A

            	 	
              Variable
                (2)

            	 	 	
              $
                4,276,727.50

            	 	
              March
                2037

            
	
              I-15-B

            	 	
              Variable
                (2)

            	 	 	
              $
                4,276,727.50

            	 	
              March
                2037

            
	
              I-16-A

            	 	
              Variable
                (2)

            	 	 	
              $
                4,087,601.25

            	 	
              March
                2037

            
	
              I-16-B

            	 	
              Variable
                (2)

            	 	 	
              $
                4,087,601.25

            	 	
              March
                2037

            
	
              I-17-A

            	 	
              Variable
                (2)

            	 	 	
              $
                7,221,091.25

            	 	
              March
                2037

            
	
              I-17-B

            	 	
              Variable
                (2)

            	 	 	
              $
                7,221,091.25

            	 	
              March
                2037

            
	
              I-18-A

            	 	
              Variable
                (2)

            	 	 	
              $
                6,938,052.50

            	 	
              March
                2037

            
	
              I-18-B

            	 	
              Variable
                (2)

            	 	 	
              $
                6,938,052.50

            	 	
              March
                2037

            
	
              I-19-A

            	 	
              Variable
                (2)

            	 	 	
              $
                3,800,918.75

            	 	
              March
                2037

            
	
              I-19-B

            	 	
              Variable
                (2)

            	 	 	
              $
                3,800,918.75

            	 	
              March
                2037

            
	
              I-20-A

            	 	
              Variable
                (2)

            	 	 	
              $
                2,525,243.75

            	 	
              March
                2037

            
	
              I-20-B

            	 	
              Variable
                (2)

            	 	 	
              $
                2,525,243.75

            	 	
              March
                2037

            
	
              I-21-A

            	 	
              Variable
                (2)

            	 	 	
              $
                2,288,115.00

            	 	
              March
                2037

            
	
              I-21-B

            	 	
              Variable
                (2)

            	 	 	
              $
                2,288,115.00

            	 	
              March
                2037

            
	
              I-22-A

            	 	
              Variable
                (2)

            	 	 	
              $
                2,234,573.75

            	 	
              March
                2037

            
	
              I-22-B

            	 	
              Variable
                (2)

            	 	 	
              $
                2,234,573.75

            	 	
              March
                2037

            
	
              I-23-A

            	 	
              Variable
                (2)

            	 	 	
              $
                2,145,568.75

            	 	
              March
                2037

            
	
              I-23-B

            	 	
              Variable
                (2)

            	 	 	
              $
                2,145,568.75

            	 	
              March
                2037

            
	
              I-24-A

            	 	
              Variable
                (2)

            	 	 	
              $
                2,108,407.50

            	 	
              March
                2037

            
	
              I-24-B

            	 	
              Variable
                (2)

            	 	 	
              $
                2,108,407.50

            	 	
              March
                2037

            
	
              I-25-A

            	 	
              Variable
                (2)

            	 	 	
              $
                3,591,075.00

            	 	
              March
                2037

            
	
              I-25-B

            	 	
              Variable
                (2)

            	 	 	
              $
                3,591,075.00

            	 	
              March
                2037

            
	
              I-26-A

            	 	
              Variable
                (2)

            	 	 	
              $
                3,417,387.50

            	 	
              March
                2037

            
	
              I-26-B

            	 	
              Variable
                (2)

            	 	 	
              $
                3,417,387.50

            	 	
              March
                2037

            
	
              I-27-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,786,016.25

            	 	
              March
                2037

            
	
              I-27-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,786,016.25

            	 	
              March
                2037

            
	
              I-28-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,672,731.25

            	 	
              March
                2037

            
	
              I-28-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,672,731.25

            	 	
              March
                2037

            
	
              I-29-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,620,861.25

            	 	
              March
                2037

            
	
              I-29-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,620,861.25

            	 	
              March
                2037

            
	
              I-30-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,570,657.50

            	 	
              March
                2037

            
	
              I-30-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,570,657.50

            	 	
              March
                2037

            
	
              I-31-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,522,060.00

            	 	
              March
                2037

            
	
              I-31-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,522,060.00

            	 	
              March
                2037

            
	
              I-32-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,475,020.00

            	 	
              March
                2037

            
	
              I-32-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,475,020.00

            	 	
              March
                2037

            
	
              I-33-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,429,482.50

            	 	
              March
                2037

            
	
              I-33-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,429,482.50

            	 	
              March
                2037

            
	
              I-34-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,385,397.50

            	 	
              March
                2037

            
	
              I-34-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,385,397.50

            	 	
              March
                2037

            
	
              I-35-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,342,715.00

            	 	
              March
                2037

            
	
              I-35-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,342,715.00

            	 	
              March
                2037

            
	
              I-36-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,301,391.25

            	 	
              March
                2037

            
	
              I-36-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,301,391.25

            	 	
              March
                2037

            
	
              I-37-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,269,397.50

            	 	
              March
                2037

            
	
              I-37-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,269,397.50

            	 	
              March
                2037

            
	
              I-38-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,226,582.50

            	 	
              March
                2037

            
	
              I-38-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,226,582.50

            	 	
              March
                2037

            
	
              I-39-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,197,820.00

            	 	
              March
                2037

            
	
              I-39-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,197,820.00

            	 	
              March
                2037

            
	
              I-40-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,154,805.00

            	 	
              March
                2037

            
	
              I-40-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,154,805.00

            	 	
              March
                2037

            
	
              I-41-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,527,275.00

            	 	
              March
                2037

            
	
              I-41-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,527,275.00

            	 	
              March
                2037

            
	
              I-42-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,800,310.00

            	 	
              March
                2037

            
	
              I-42-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,800,310.00

            	 	
              March
                2037

            
	
              I-43-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,131,718.75

            	 	
              March
                2037

            
	
              I-43-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,131,718.75

            	 	
              March
                2037

            
	
              I-44-A

            	 	
              Variable
                (2)

            	 	 	
              $
                963,366.25

            	 	
              March
                2037

            
	
              I-44-B

            	 	
              Variable
                (2)

            	 	 	
              $
                963,366.25

            	 	
              March
                2037

            
	
              I-45-A

            	 	
              Variable
                (2)

            	 	 	
              $
                927,810.00

            	 	
              March
                2037

            
	
              I-45-B

            	 	
              Variable
                (2)

            	 	 	
              $
                927,810.00

            	 	
              March
                2037

            
	
              I-46-A

            	 	
              Variable
                (2)

            	 	 	
              $
                900,450.00

            	 	
              March
                2037

            
	
              I-46-B

            	 	
              Variable
                (2)

            	 	 	
              $
                900,450.00

            	 	
              March
                2037

            
	
              I-47-A

            	 	
              Variable
                (2)

            	 	 	
              $
                874,273.75

            	 	
              March
                2037

            
	
              I-47-B

            	 	
              Variable
                (2)

            	 	 	
              $
                874,273.75

            	 	
              March
                2037

            
	
              I-48-A

            	 	
              Variable
                (2)

            	 	 	
              $
                849,963.75

            	 	
              March
                2037

            
	
              I-48-B

            	 	
              Variable
                (2)

            	 	 	
              $
                849,963.75

            	 	
              March
                2037

            
	
              I-49-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,180,150.00

            	 	
              March
                2037

            
	
              I-49-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,180,150.00

            	 	
              March
                2037

            
	
              I-50-A

            	 	
              Variable
                (2)

            	 	 	
              $
                1,053,035.00

            	 	
              March
                2037

            
	
              I-50-B

            	 	
              Variable
                (2)

            	 	 	
              $
                1,053,035.00

            	 	
              March
                2037

            
	
              I-51-A

            	 	
              Variable
                (2)

            	 	 	
              $
                25,683,835.00

            	 	
              March
                2037

            
	
              I-51-B

            	 	
              Variable
                (2)

            	 	 	
              $
                25,683,835.00

            	 	
              March
                2037

            
	
              P

            	 	
              Variable
                (2)

            	 	 	
              $
                100.00

            	 	
              March
                2037

            

    

    ________________

    (1) For
      purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
      Regulations.

    (2) Calculated
      in accordance with the definition of “Uncertificated REMIC 1 Pass-Through Rate”
herein.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    REMIC
      2

     

    As
      provided herein, the Trustee shall elect to treat the segregated pool of assets
      consisting of the REMIC 1 Regular Interests as a REMIC for federal income tax
      purposes, and such segregated pool of assets shall be designated as “REMIC 2.”
The Class R-2 Interest shall evidence the sole class of “residual interests” in
      REMIC 2 for purposes of the REMIC Provisions under federal income tax law.
      The
      following table irrevocably sets forth the designation, the Uncertificated
      REMIC
      2 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 2 Regular Interests (as
      defined herein). None of the REMIC 2 Regular Interests shall be
      certificated.

     

    
      	
              Designation

            	
              Uncertificated
                REMIC 2

              Pass-Through
                Rate

            	
              Initial
                Uncertificated 

              Principal
                Balance

            	
              Latest
                Possible

              Maturity
                Date(1)

            
	
              LTAA

            	
              Variable(2)

            	
              $
                617,336,650.29

            	
              March
                2037

            
	
              LTIA1

            	
              Variable(2)

            	
              $  
                 2,279,480.00

            	
              March
                2037

            
	
              LTIIA1

            	
              Variable(2)

            	
              $  
                 1,456,000.00

            	
              March
                2037

            
	
              LTIIA2

            	
              Variable(2)

            	
              $     
                 255,600.00

            	
              March
                2037

            
	
              LTIIA3

            	
              Variable(2)

            	
              $     
                 773,700.00

            	
              March
                2037

            
	
              LTIIA4

            	
              Variable(2)

            	
              $     
                 297,640.00

            	
              March
                2037

            
	
              LTM1

            	
              Variable(2)

            	
              $     
                 204,760.00

            	
              March
                2037

            
	
              LTM2

            	
              Variable(2)

            	
              $     
                 185,860.00

            	
              March
                2037

            
	
              LTM3

            	
              Variable(2)

            	
              $     
                 107,110.00

            	
              March
                2037

            
	
              LTM4

            	
              Variable(2)

            	
              $       
                 97,660.00

            	
              March
                2037

            
	
              LTM5

            	
              Variable(2)

            	
              $       
                 91,360.00

            	
              March
                2037

            
	
              LTM6

            	
              Variable(2)

            	
              $       
                 85,060.00

            	
              March
                2037

            
	
              LTM7

            	
              Variable(2)

            	
              $       
                 81,910.00

            	
              March
                2037

            
	
              LTM8A

            	
              Variable(2)

            	
              $       
                 43,000.00

            	
              March
                2037

            
	
              LTM8B

            	
              Variable(2)

            	
              $       
                 20,000.00

            	
              March
                2037

            
	
              LTM9

            	
              Variable(2)

            	
              $       
                 59,850.00

            	
              March
                2037

            
	
              LTM10

            	
              Variable(2)

            	
              $       
                 63,000.00

            	
              March
                2037

            
	
              LTZZ

            	
              Variable(2)

            	
              $  
                 6,496,717.15

            	
              March
                2037

            
	
              LTP

            	
              Variable(2)

            	
              $            
                 100.00

            	
              March
                2037

            
	
              LTIO

            	
              Variable(2)

            	
              (3)

            	
              March
                2037

            

    

    ________________

    (1) For
      purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
      Regulations.

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

    (3) REMIC
      2
      Regular Interest LTIO will not have an Uncertificated Principal Balance, but
      will accrue interest on its Uncertificated Notional Amount, as defined
      herein.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    REMIC
      3

     

    As
      provided herein, the Trustee shall elect to treat the segregated pool of assets
      consisting of the REMIC 2 Regular Interests as a REMIC for federal income tax
      purposes, and such segregated pool of assets shall be designated as “REMIC 3.”
The Class R-3 Interest shall evidence the sole class of “residual interests” in
      REMIC 3 for purposes of the REMIC Provisions.

     

    The
      following table irrevocably sets forth the designation, the Pass-Through Rate
      and the Original Class Certificate Principal Balance for each Class of
      Certificates comprising the interests representing “regular interests” in REMIC
      3, and the Class FL Certificates and the Class X Certificates which are not
      “regular interests” in REMIC 3. For purposes of satisfying Treasury Regulation
      Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each Class
      of Certificates that represents one or more of the “regular interests” in REMIC
      3 created hereunder:

     

    
      	
              Designation

            	
              Original
                Class Certificate Principal Balance

            	
              Pass-Through
                Rate

            	
              Latest
                Possible Maturity Date(1)

            
	
              Class
                I-A-1

            	
              $
                227,948,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                II-A-1

            	
              $
                145,600,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                II-A-2

            	
              $ 
                 25,560,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                II-A-3

            	
              $ 
                 77,370,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                II-A-4

            	
              $ 
                 29,764,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-1

            	
              $ 
                 20,476,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-2

            	
              $ 
                 18,586,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-3

            	
              $ 
                 10,711,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-4

            	
              $   
                 9,766,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-5

            	
              $   
                 9,136,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-6

            	
              $   
                 8,506,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-7

            	
              $   
                 8,191,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-8A

            	
              $   
                 4,300,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-8B

            	
              $   
                 2,000,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-9

            	
              $   
                 5,985,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class
                M-10

            	
              $   
                 6,300,000.00

            	
              Variable(2) 

            	
              March
                2037

            
	
              Class FL 

            	
               
                $  
                                  0.00 

            	
               0.00% 

            	
               March
                2037 

            
	
              Class
                X

            	
              $ 
                   
                             
                 0.00

            	
              0.00%

            	
              March
                2037

            
	
              Class
                C Interest

            	
              $ 
                 19,846,089.69

            	
              Variable(3)

            	
              March
                2037

            
	
              Class
                P Interest

            	
              $  
                            
                 100.00

            	
              N/A(4)

            	
              March
                2037

            
	
              Class
                IO Interest

            	
              (5)

            	
              (6)

            	
              March
                2037

            

    

    ________________

    (1) For
      purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
      Regulations.

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

    (3) The
      Class
      C Interest will accrue interest at its variable Pass-Through Rate on the
      Notional Amount of the Class C Interest outstanding from time to time which
      shall equal the aggregate Uncertificated Principal Balance of the REMIC 2
      Regular Interests (other than REMIC 2 Regular Interest LTP). The Class C
      Interest will not accrue interest on its Certificate Principal
      Balance.

    (4) The
      Class
      P Interest will not accrue interest.

    (5) For
      federal income tax purposes, the Class IO Interest will not have a Certificate
      Principal Balance, but will have a notional amount equal to the Uncertificated
      Notional Amount of REMIC 2 Regular Interest LTIO.

    (6) For
      federal income tax purposes, the Class IO Interest will not have a Pass-Through
      Rate, but will be entitled to 100% of the amounts distributed on REMIC 2 Regular
      Interest LTIO.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    REMIC
      4

     

    As
      provided herein, the Trustee shall make an election to treat the segregated
      pool
      of assets consisting of the Class C Interest as a REMIC for federal income
      tax
      purposes, and such segregated pool of assets will be designated as “REMIC 4.”
The Class R-4 Interest represents the sole class of “residual interests” in
      REMIC 4 for purposes of the REMIC Provisions.

     

    The
      following table sets forth (or describes) the designation, Pass-Through Rate
      ,
      the Original Class 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 4 created hereunder:

     

    
      	
              Designation

            	
              Original
                Class Certificate Principal Balance

            	
              Pass-Through
                Rate

            	
              Latest
                Possible Maturity Date(1)

            
	
              Class
                C Certificates

            	
              $
                19,846,089.69

            	
              Variable(2)

            	
              March
                2037

            

    

    _______________

    (1) For
      purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
      Regulations.

    (2) The
      Class
      C Certificates will receive 100% of amounts received in respect of the Class
      C
      Interest. 

     

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    REMIC
      5

     

    As
      provided herein, the Trustee shall make an election to treat the segregated
      pool
      of assets consisting of the Class P Interest as a REMIC for federal income
      tax
      purposes, and such segregated pool of assets will be designated as “REMIC 5.”
The Class R-5 Interest represents the sole class of “residual interests” in
      REMIC 5 for purposes of the REMIC Provisions.

     

    The
      following table sets forth (or describes) the designation, Pass-Through Rate,
      the Original Class 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 5 created hereunder:

     

    
      	
              Designation

            	
              Original
                Class Certificate Principal Balance

            	
              Pass-Through
                Rate

            	
              Latest
                Possible Maturity Date(1)

            
	
              Class
                P

            	
              $100.00

            	
              Variable(2)

            	
              March
                2037

            

    

    _______________

    (1) For
      purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
      Regulations.

    (2) The
      Class
      P Certificates will receive 100% of amounts received in respect of the Class
      P
      Interest.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    REMIC
      6

     

    As
      provided herein, the Trustee shall 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 shall be designated as “REMIC 6.”
The Class R-6 Interest represents the sole class of “residual interests” in
      REMIC 6 for purposes of the REMIC Provisions. 

     

    The
      following table irrevocably sets forth the designation, the Pass-Through Rate,
      the Original Class 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 REMIC 6 Regular Interest, which will be
      uncertificated.

     

    
      	
              Designation

            	
              Original
                Class Certificate

              Principal
                Balance

            	
              Pass-Through
                Rate

            	
              Latest
                Possible Maturity Date(1)

            
	
              SWAP
                IO

            	
              N/A

            	
              Variable(2)

            	
              March
                2037

            

    

    ________________

    (1) For
      purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
      Regulations.

    (2) REMIC
      6
      Regular Interest SWAP IO shall receive 100% of amounts received in respect
      of
      the Class IO Interest.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    ARTICLE
      I

     

    DEFINITIONS

     

    
      	SECTION
              1.01  	
              Defined
                Terms.

            

    

     

    Whenever
      used in this Agreement or in the Preliminary Statement, the following words
      and
      phrases, unless the context otherwise requires, shall have the meanings
      specified in this Article. Unless otherwise specified, all calculations in
      respect of interest on the Floating Rate Certificates shall be made on the
      basis
      of the actual number of days elapsed and a 360-day year and all calculations
      in
      respect of interest on the
      Class
      C
      Certificates and all other calculations of interest described herein shall
      be
      made on the basis of a 360-day year consisting of twelve 30-day months. The
      Class P Certificates and the Residual Certificates are not entitled to
      distributions in respect of interest and, accordingly, will not accrue
      interest.

     

    “10-K
      Filing Deadline” has the meaning set forth in Section
      4.05(a)(iv)(A).

     

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

     

    “Accepted
      Master Servicing Practices”: With respect to any Mortgage Loan, as applicable,
      either (x) those customary mortgage loan 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
      (except in its capacity as successor to the Servicer), or (y) as provided in
      Section 3A.01 hereof, but in no event below the standard set forth in clause
      (x). 

     

    “Accrual
      Period”: With respect to the Floating Rate Certificates and each Distribution
      Date, the period commencing on the preceding Distribution Date (or in the case
      of the first such Accrual Period, commencing on the Closing Date) and ending
      on
      the day preceding such Distribution Date. With respect to the Class C
      Certificates and each Distribution Date, the calendar month prior to the month
      of such Distribution Date.

     

    “Additional
      Disclosure Notification”: The meaning set forth in Section
      4.05(a)(ii).

     

    “Additional
      Form 10-D Disclosure”: The meaning set forth in Section
      4.05(a)(i.).

     

    “Additional
      Form 10-K Disclosure”: The meaning set forth in Section
      4.05(a)(iv).

     

    “Adjustable-Rate
      Mortgage Loan”: A first lien Mortgage Loan which provides at any period during
      the life of such loan for the adjustment of the Mortgage Rate payable in respect
      thereto. The Adjustable-Rate Mortgage Loans are identified as such on the
      Mortgage Loan Schedule.

     

    “Adjusted
      Net Maximum Mortgage Rate”: With respect to any Mortgage Loan (or the related
      REO Property), as of any date of determination, a per annum rate of interest
      equal to the applicable Maximum Mortgage Rate for such Mortgage Loan (or the
      Mortgage Rate in the case of any Fixed-Rate Mortgage Loan) as of the first
      day
      of the month preceding the month in which the related Distribution Date occurs
      minus the sum
      of
      (i) the Servicing Fee Rate, (ii) the Administration Fee Rate and (iii) the
      Credit Risk Manager Fee Rate.

     

    “Adjusted
      Net Mortgage Rate”: With respect to any Mortgage Loan (or the related REO
      Property), as of any date of determination, a per annum rate of interest equal
      to the applicable Mortgage Rate for such Mortgage Loan as of the first day
      of
      the month preceding the month in which the related Distribution Date occurs
      minus the
      sum
      of (i) the Servicing Fee Rate, (ii) the Administration Fee Rate and (iii) the
      Credit Risk Manager Fee Rate.

     

    “Adjustment
      Date”: With respect to each Adjustable-Rate Mortgage Loan, each adjustment date,
      on which the Mortgage Rate of such 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.

     

    “Administration
      Fee”: The amount payable to the Trust Administrator on each Distribution Date
      pursuant to Section 8.05 as compensation for all services rendered by the Trust
      Administrator in the execution and administration of the trust created hereby
      and in the exercise and performance of any of the powers and duties of the
      Trust
      Administrator hereunder, which amount, with respect to the Mortgage Loans and
      REO Properties and for any calendar month, shall be equal to one-twelfth of
      the
      Administration Fee Rate (without regard to the words “per annum” in the
      definition thereof) multiplied by the Stated Principal Balance of the Mortgage
      Loans as of the first day of the related Due Period. The fee payable to the
      Trustee for all services rendered by it in the exercise and performance of
      any
      of its respective powers and duties hereunder will be paid by the Trust
      Administrator on an annual basis from its own funds in accordance with a
      separate agreement between the Trust Administrator and the Trustee.

     

    “Administration
      Fee Rate”: 0.0125% per annum. 

     

    “Advance”:
      As to any Mortgage Loan or REO Property, any advance made by the Master Servicer
      or Ocwen in respect of any Distribution Date pursuant to Section
      4.04.

     

    “Advance
      Facility”: As defined in Section 3.29 hereof.

     

    “Advance
      Facility Notice”: As defined in Section 3.29 hereof.

     

    “Advance
      Financing Person”: As defined in Section 3.29 hereof.

     

    “Advance
      Reimbursement Amounts”: As defined in Section 3.29 hereof.

     

    “Adverse
      REMIC Event”: As defined in Section 9.01(f) hereof.

     

    “Affiliate”:
      With respect to any Person, any other Person controlling, controlled by or
      under
      common control with such Person. For purposes of this definition, “control”
means the power to direct the management and policies of a Person, directly
      or
      indirectly, whether through ownership of voting securities, by contract or
      otherwise and “controlling” and “controlled” shall have meanings correlative to
      the foregoing.

     

    “Agreement”:
      This Pooling and Servicing Agreement and all amendments hereof and supplements
      hereto.

     

    “Allocated
      Realized Loss Amount”: With respect to any Distribution Date and any Class of
      Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such
      Class of Certificates on such Distribution Date and (ii) the amount of any
      Allocated Realized Loss Amount for such Class of Certificates remaining
      undistributed from the previous Distribution Date as reduced by an amount equal
      to the increase in the related Certificate Principal Balance due to the receipt
      of Subsequent Recoveries.

     

    “Assessment
      of Compliance”: As defined in Section 3.21. 

     

    “Assignment”:
      An assignment of Mortgage, notice of transfer or equivalent instrument, in
      recordable form, which is sufficient under the laws of the jurisdiction wherein
      the related Mortgaged Property is located to reflect or record the sale of
      the
      Mortgage.

     

    “Assignment
      Agreement”: Any of (i) the Assignment and Recognition Agreement, dated the
      Closing Date, among the Seller, Ameriquest Mortgage Company and the Depositor,
      pursuant to which certain of the Seller’s rights under the related Master
      Agreement were assigned to the Depositor, substantially in the form attached
      hereto as Exhibit C-2, (ii) the Assignment and Recognition Agreement, dated
      the
      Closing Date, among the Seller, Mortgage Network Inc. and the Depositor,
      pursuant to which certain of the Seller’s rights under the related Master
      Agreement were assigned to the Depositor, substantially in the form attached
      hereto as Exhibit C-2 or (iii) the Omnibus Assignment Agreement, dated the
      Closing Date, between the Seller and the Depositor, pursuant to which certain
      of
      the Seller’s rights under certain Master Agreements were assigned to the
      Depositor, substantially in the form attached hereto as Exhibit
      C-3.

     

    “Assumed
      Final Maturity Date”: As to each Class of Certificates, the date set forth as
      such in the Prospectus Supplement.

     

    “Attestation
      Report”: As defined in Section 3.21.

     

    “Available
      Funds”: With respect to any Distribution Date, an amount equal to the excess of
      (i) the sum of (a) the aggregate of the related Monthly Payments received on
      the
      Mortgage Loans on or prior to the related Determination Date, (b) Net
      Liquidation Proceeds, Insurance Proceeds, Principal Prepayments, Subsequent
      Recoveries, proceeds from repurchases of and substitutions for such Mortgage
      Loans and other unscheduled recoveries of principal and interest in respect
      of
      the Mortgage Loans received during the related Prepayment Period, (c) the
      aggregate of any amounts received in respect of a related REO Property withdrawn
      from any REO Account and deposited in the Collection Account for such
      Distribution Date, (d) the aggregate of any amounts deposited in the Collection
      Account (in the case of Ocwen) or the related Custodial Account (in the case
      of
      each Servicer other than Ocwen) in respect of related Prepayment Interest
      Shortfalls for such Distribution Date, (e) the aggregate of any Advances made
      by
      each Servicer for such Distribution Date in respect of the Mortgage Loans,
      (f)
      the aggregate of any related advances made by the Trustee in respect of the
      Mortgage Loans for such Distribution Date pursuant to Section 7.02, (g) the
      amount of any Prepayment Charges collected by each Servicer in connection with
      the full or partial prepayment of any of the Mortgage Loans serviced by it
      and
      any Servicer Prepayment Charge Payment Amount and (h) all income and gain
      realized from the investment of funds deposited in the Distribution Account
      during the Float Period, over (ii) the sum of (a) amounts reimbursable or
      payable to Ocwen pursuant to Section 3.11(a), to the Master Servicer pursuant
      to
      Section 3A.09 or to each Servicer (other than Ocwen) pursuant to the related
      Servicing Agreement, amounts reimburseable or payable to the Credit Risk
      Manager, amounts reimburseable to the Trustee pursuant to Section 3.11(b) or
      the
      Swap Provider (including any Net Swap Payment and Swap Termination Payment
      owed
      to the Swap Provider, but excluding any Swap Termination Payment owed to the
      Swap Provider resulting from a Swap Provider Trigger Event), (b) Extraordinary
      Trust Fund Expenses reimbursable to the Trustee, Ocwen, the Master Servicer
      or
      the Trust Administrator pursuant to 3A.12 or the Trustee pursuant to Section
      3.11(b), (c) amounts deposited in the Collection Account, a Custodial Account
      or
      the Distribution Account pursuant to clauses (a) through (g) above, as the
      case
      may be, in error, (d) the amount of any Prepayment Charges collected by each
      Servicer in connection with the full or partial prepayment of any of the
      Mortgage Loans and any Servicer Prepayment Charge Payment Amount, (e) the amount
      of any income and gain realized from the investment of funds deposited in the
      Distribution Account during the Float Period, (f) any indemnification payments
      or expense reimbursements made by the Trust Fund pursuant to Section 6.03 or
      Section 8.05 and (g) without duplication, any amounts in respect of the items
      set forth in clauses (I)(a) and (I)(b) permitted hereunder to be retained by
      the
      Master Servicer or to be withdrawn by the Master Servicer from the Distribution
      Account pursuant to 3A.12.

     

    “Back-Up
      Certification”: The meaning set forth in Section 4.05(a)(iv).

     

    “Balloon
      Mortgage Loan”: A Mortgage Loan that provides for the payment of the unamortized
      Stated Principal Balance of such Mortgage Loan in a single payment at the
      maturity of such Mortgage Loan that is substantially greater than the preceding
      monthly payment.

     

    “Balloon
      Payment”: A payment of the unamortized Stated Principal Balance of a Mortgage
      Loan in a single payment at the maturity of such Mortgage Loan that is
      substantially greater than the preceding Monthly Payment.

     

    “Bankruptcy
      Code”: The Bankruptcy Reform Act of 1978 (Title 11 of the United States Code),
      as amended.

     

    “Basis
      Risk Cap Agreement”: The basis risk cap agreement, dated the Closing Date,
      between the Basis Risk Cap Provider and the Trust Administrator on behalf of
      the
      Trust, including any schedule, confirmations, credit support annex or other
      credit support document relating thereto, and attached hereto as Exhibit
      U.

     

    “Basis
      Risk Cap Amount”: The Basis Risk Cap Amount for any Class of the Floating Rate
      Certificates is equal to (i) the aggregate amount received by the Trust from
      the
      Basis Risk Cap Agreement multiplied by (ii) a fraction equal to (a) the
      Certificate Principal Balance of such Class immediately prior to the applicable
      Distribution Date divided by (b) the aggregate Certificate Principal Balance
      of
      the Floating Rate Certificates immediately prior to the applicable Distribution
      Date.

     

    “Basis
      Risk Cap Collateral Account”: The account or accounts created and maintained
      pursuant to Section 4.14. 

     

    “Basis
      Risk Cap Credit Support Annex”: The credit support annex, dated the Closing
      Date, between the Trust Administrator on behalf of the Trust and the Basis
      Risk
      Cap Provider, which is annexed to and forms a part of the Basis Risk Cap
      Agreement.

     

    “Basis
      Risk Cap Provider”: The cap provider under the Basis Risk Cap Agreement.
      Initially, the Basis Risk Cap Provider shall be Bear Stearns Financial Products
      Inc.

     

    “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 5.02 hereof). On the Closing Date, the Floating Rate
      Certificates shall be Book-Entry Certificates.

     

    “Business
      Day”: Any
      day
      other than a Saturday, a Sunday or a day on which banking or savings
      institutions in the State of Delaware, the State of New York, the State of
      Texas, the State of California, the State of Minnesota or in the city in which
      the Corporate Trust Office of the Trustee or the Corporate Trust Office of
      the
      Trust Administrator is located are authorized or obligated by law or executive
      order to be closed.

     

    “Cap
      Account”: The account or accounts created and maintained pursuant to Section
      4.12. The Cap Account must be an Eligible Account.

     

    “Cap
      Allocation Agreement”: The Cap Allocation Agreement, dated as of the Closing
      Date between the Trust Administrator and the Cap Trustee, a form of which is
      attached hereto as Exhibit G.

     

    “Cap
      Trustee”: The Trust Administrator, not in its individual capacity but solely in
      its capacity as Cap Trustee, and any successor thereto.

     

    “Certificate”:
      Any Regular Certificate or Residual Certificate.

     

    “Certificateholder”
      or “Holder”: The Person in whose name a Certificate is registered in the
      Certificate Register, except that a Disqualified Organization or non-U.S. Person
      shall not be a Holder of a Residual Certificate for any purpose hereof and,
      solely for the purposes of giving any consent pursuant to this Agreement, any
      Certificate registered in the name of the Depositor, the Servicer or the Master
      Servicer or any Affiliate thereof shall be deemed not to be outstanding and
      the
      Voting Rights to which it is entitled shall not be taken into account in
      determining whether the requisite percentage of Voting Rights necessary to
      effect any such consent has been obtained, except as otherwise provided in
      Section 11.01. The Trust Administrator, the Trustee and the NIMS Insurer may
      conclusively rely upon a certificate of the Depositor, a Servicer or the Master
      Servicer in determining whether a Certificate is held by an Affiliate thereof.
      All references herein to “Holders” or “Certificateholders” shall reflect the
      rights of Certificate Owners as they may indirectly exercise such rights through
      the Depository and participating members thereof, except as otherwise specified
      herein; provided, however, that the Trust Administrator, the Trustee and the
      NIMS Insurer shall be required to recognize as a “Holder” or “Certificateholder”
only the Person in whose name a Certificate is registered in the Certificate
      Register.

     

    “Certificate
      Margin”: With respect to the Floating Rate Certificates and for purposes of the
      Marker Rate and the Maximum Uncertificated Accrued Interest Deferral Amount,
      the
      specified REMIC 2 Regular Interest, as follows:

     

    
      	
              Class

            	
              REMIC
                2 Regular Interest

            	
              Certificate
                Margin

            
	
              (1)
                (%)

            	
              (2)
                (%)

            
	
              I-A-1

            	
              LTIA1

            	
              0.150%

            	
              0.300%

            
	
              II-A-1

            	
              LTIIA1

            	
              0.090%

            	
              0.180%

            
	
              II-A-2

            	
              LTIIA2

            	
              0.130%

            	
              0.260%

            
	
              II-A-3

            	
              LTIIA3

            	
              0.170%

            	
              0.340%

            
	
              II-A-4

            	
              LTIIA4

            	
              0.250%

            	
              0.500%

            
	
              M-1

            	
              LTM1

            	
              0.320%

            	
              0.480%

            
	
              M-2

            	
              LTM2

            	
              0.350%

            	
              0.525%

            
	
              M-3

            	
              LTM3

            	
              0.400%

            	
              0.600%

            
	
              M-4

            	
              LTM4

            	
              0.680%

            	
              1.020%

            
	
              M-5

            	
              LTM5

            	
              0.780%

            	
              1.170%

            
	
              M-6

            	
              LTM6

            	
              1.000%

            	
              1.500%

            
	
              M-7

            	
              LTM7

            	
              1.700%

            	
              2.550%

            
	
              M-8A

            	
              LTM8A

            	
              2.000%

            	
              3.000%

            
	
              M-8B

            	
              LTM8B

            	
              0.400%

            	
              0.600%

            
	
              M-9

            	
              LTM9

            	
              2.000%

            	
              3.000%

            
	
              M-10

            	
              LTM10

            	
              2.000%

            	
              3.000%

            

    

    __________

    (1) For
      the
      Accrual Period for each Distribution Date on or prior to the Optional
      Termination Date.

    (2) For
      each
      other Accrual Period.

    

    “Certificate
      Owner”: With respect to each Book-Entry Certificate, any beneficial owner
      thereof.

     

    “Certificate
      Principal Balance”: With respect to any Class of Regular Certificates (other
      than the Class C Certificates) immediately prior to any Distribution Date,
      will
      be equal to the Initial Certificate Principal Balance thereof plus any
      Subsequent Recoveries added to the Certificate Principal Balance of such
      Certificate pursuant to Section 4.01, reduced by the sum of all amounts actually
      distributed in respect of principal of such Class and, in the case of a
      Mezzanine Certificate, Realized Losses allocated thereto on all prior
      Distribution Dates. With respect to the Class C Certificates as of any date
      of
      determination, an amount equal to the excess, if any, of (A) the then aggregate
      Uncertificated Principal Balance of the REMIC 2 Regular Interests over (B)
      the
      then aggregate Certificate Principal Balance of the Floating Rate Certificates
      and the Class P Certificates then outstanding.

     

    “Certificate
      Register” and “Certificate Registrar”: The register maintained and registrar
      appointed pursuant to Section 5.02 hereof.

     

    “Certification”:
      As defined in Section 4.05(b)(iii).

     

    “Certification
      Parties”: The meaning set forth in Section 4.05(a)(iv). 

     

    “Certifying
      Person”: The meaning set forth in Section 4.05(a)(iv).

     

    “Class”:
      Collectively, Certificates which have the same priority of payment and bear
      the
      same class designation and the form of which is identical except for variation
      in the Percentage Interest evidenced thereby.

     

    “Class
      I-A-1 Certificate”: Any one of the Class I-A-1 Certificates executed by the
      Trust Administrator, and authenticated and delivered by the Certificate
      Registrar, substantially in the form annexed hereto as Exhibit A-1, representing
      (i) a Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      II-A-1 Certificate”: Any one of the Class II-A-1 Certificates executed by the
      Trust Administrator, and authenticated and delivered by the Certificate
      Registrar, substantially in the form annexed hereto as Exhibit A-2, representing
      (i) a Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      II-A-2 Certificate”: Any one of the Class II-A-2 Certificates executed by the
      Trust Administrator, and authenticated and delivered by the Certificate
      Registrar, substantially in the form annexed hereto as Exhibit A-3, representing
      (i) a Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      II-A-3 Certificate”: Any one of the Class II-A-3 Certificates executed by the
      Trust Administrator, and authenticated and delivered by the Certificate
      Registrar, substantially in the form annexed hereto as Exhibit A-4, representing
      (i) a Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount. 

     

    “Class
      II-A-4 Certificate”: Any one of the Class II-A-4 Certificates executed by the
      Trust Administrator, and authenticated and delivered by the Certificate
      Registrar, substantially in the form annexed hereto as Exhibit A-5, representing
      (i) a Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      C
      Certificates”: Any one of the Class C Certificates executed, authenticated and
      delivered by the Trust Administrator, substantially in the form annexed hereto
      as Exhibit A-17, representing (i) a Regular Interest in REMIC 4, (ii) the
      obligation to pay Net WAC Rate Carryover Amounts and Swap Termination Payments
      and (iii) the right to receive the Class IO Distribution Amount.

     

    “Class
      C
      Interest”: An uncertificated interest in the Trust Fund held by the Trustee on
      behalf of the Holders of the Class C Certificates, evidencing a Regular Interest
      in REMIC 3 for purposes of the REMIC Provisions.

     

    “Class
      FL Certificate”: Any one of the Class FL
      Certificates executed, authenticated and delivered by the Trustee, substantially
      in the form annexed hereto as Exhibit A-22, representing the right to
      distributions as set forth herein.

     

    “Class
      IO
      Distribution Amount”: As defined in Section 4.10 hereof. For purposes of
      clarity, the Class IO Distribution Amount for any Distribution Date shall equal
      the amount payable to the Trust Administrator on such Distribution Date in
      excess of the amount payable on the Class IO Interest on such Distribution
      Date,
      all as further provided in Section 4.10 hereof.

     

    “Class
      IO
      Interest”: An uncertificated interest in the Trust Fund evidencing a Regular
      Interest in REMIC 3.

     

    “Class
      M-1 Certificate”: Any one of the Class M-1 Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-6, representing (i) a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-1 Principal Distribution Amount: The excess of (x) the sum of (i) the
      aggregate Certificate Principal Balance of the Senior Certificates (after taking
      into account the distribution of the Senior Principal Distribution Amount on
      such Distribution Date) and (ii) the Certificate Principal Balance of the Class
      M-1 Certificates immediately prior to such Distribution Date over (y) the lesser
      of (A) the product of (i) 67.20% and (ii) 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, and unscheduled collections of principal received
      during the related Prepayment Period) and (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) minus the
      Overcollateralization Floor.

     

    “Class
      M-2 Certificate”: Any one of the Class M-2 Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-7, representing (i) a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-2 Principal Distribution Amount: The excess of (x) the sum of (i) the
      aggregate Certificate Principal Balance of the Senior Certificates (after taking
      into account the distribution of the Senior Principal Distribution Amount on
      such Distribution Date), (ii) the Certificate Principal Balance of the Class
      M-1
      Certificates (after taking into account the distribution of the Class M-1
      Principal Distribution Amount on such Distribution Date) and (iii) the
      Certificate Principal Balance of the Class M-2 Certificates immediately prior
      to
      such Distribution Date over (y) the lesser of (A) the product of (i) 73.10%
      and
      (ii) 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, and
      unscheduled collections of principal received during the related Prepayment
      Period) and (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) minus the Overcollateralization Floor.

     

    “Class
      M-3 Certificate”: Any one of the Class M-3 Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-8, representing (i) a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-3 Principal Distribution Amount: The excess of (x) the sum of (i) the
      aggregate Certificate Principal Balance of the Senior Certificates (after taking
      into account the distribution of the Senior Principal Distribution Amount on
      such Distribution Date), (ii) the Certificate Principal Balance of the Class
      M-1
      Certificates (after taking into account the distribution of the Class M-1
      Principal Distribution Amount on such Distribution Date), (iii) the Certificate
      Principal Balance of the Class M-2 Certificates (after taking into account
      the
      distribution of the Class M-2 Principal Distribution Amount on such Distribution
      Date) and (iv) the Certificate Principal Balance of the Class M-3 Certificates
      immediately prior to such Distribution Date over (y) the lesser of (A) the
      product of (i) 76.50% and (ii) 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, and unscheduled collections of principal received during
      the related Prepayment Period) and (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) minus the Overcollateralization
      Floor.

     

    “Class
      M-4 Certificate”: Any one of the Class M-4 Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-9, representing (i) a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-4 Principal Distribution Amount: The excess of (x) the sum of (i) the
      aggregate Certificate Principal Balance of the Senior Certificates (after taking
      into account the distribution of the Senior Principal Distribution Amount on
      such Distribution Date), (ii) the Certificate Principal Balance of the Class
      M-1
      Certificates (after taking into account the distribution of the Class M-1
      Principal Distribution Amount on such Distribution Date), (iii) the Certificate
      Principal Balance of the Class M-2 Certificates (after taking into account
      the
      distribution of the Class M-2 Principal Distribution Amount on such Distribution
      Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
      (after taking into account the distribution of the Class M-3 Principal
      Distribution Amount on such Distribution Date) and (v) the Certificate Principal
      Balance of the Class M-4 Certificates immediately prior to such Distribution
      Date over (y) the lesser of (A) the product of (i) 79.60% and (ii) 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, and unscheduled
      collections of principal received during the related Prepayment Period) and
      (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) minus the Overcollateralization Floor.

     

    “Class
      M-5 Certificate”: Any one of the Class M-5 Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-10, representing (i)
      a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-5 Principal Distribution Amount: The excess of (x) the sum of (i) the
      aggregate Certificate Principal Balance of the Senior Certificates (after taking
      into account the distribution of the Senior Principal Distribution Amount on
      such Distribution Date), (ii) the Certificate Principal Balance of the Class
      M-1
      Certificates (after taking into account the distribution of the Class M-1
      Principal Distribution Amount on such Distribution Date), (iii) the Certificate
      Principal Balance of the Class M-2 Certificates (after taking into account
      the
      distribution of the Class M-2 Principal Distribution Amount on such Distribution
      Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
      (after taking into account the distribution of the Class M-3 Principal
      Distribution Amount on such Distribution Date), (v) the Certificate Principal
      Balance of the Class M-4 Certificates (after taking into account the
      distribution of the Class M-4 Principal Distribution Amount on such Distribution
      Date) and (iv) the Certificate Principal Balance of the Class M-5 Certificates
      immediately prior to such Distribution Date over (y) the lesser of (A) the
      product of (i) 82.50% and (ii) 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, and unscheduled collections of principal received during
      the related Prepayment Period) and (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) minus the Overcollateralization
      Floor.

     

    “Class
      M-6 Certificate”: Any one of the Class M-6 Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-11, representing (i)
      a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-6 Principal Distribution Amount: The excess of (x) the sum of (i) the
      aggregate Certificate Principal Balance of the Senior Certificates (after taking
      into account the distribution of the Senior Principal Distribution Amount on
      such Distribution Date), (ii) the Certificate Principal Balance of the Class
      M-1
      Certificates (after taking into account the distribution of the Class M-1
      Principal Distribution Amount on such Distribution Date), (iii) the Certificate
      Principal Balance of the Class M-2 Certificates (after taking into account
      the
      distribution of the Class M-2 Principal Distribution Amount on such Distribution
      Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
      (after taking into account the distribution of the Class M-3 Principal
      Distribution Amount on such Distribution Date), (v) the Certificate Principal
      Balance of the Class M-4 Certificates (after taking into account the
      distribution of the Class M-4 Principal Distribution Amount on such Distribution
      Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
      (after taking into account the distribution of the Class M-5 Principal
      Distribution Amount on such Distribution Date) and (vii) the Certificate
      Principal Balance of the Class M-6 Certificates immediately prior to such
      Distribution Date over (y) the lesser of (A) the product of (i) 85.20% and
      (ii)
      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, and
      unscheduled collections of principal received during the related Prepayment
      Period) and (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) minus the Overcollateralization Floor.

     

    “Class
      M-7 Certificate”: Any one of the Class M-7 Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-12, representing (i)
      a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-7 Principal Distribution Amount: The excess of (x) the sum of (i) the
      aggregate Certificate Principal Balance of the Senior Certificates (after taking
      into account the distribution of the Senior Principal Distribution Amount on
      such Distribution Date), (ii) the Certificate Principal Balance of the Class
      M-1
      Certificates (after taking into account the distribution of the Class M-1
      Principal Distribution Amount on such Distribution Date), (iii) the Certificate
      Principal Balance of the Class M-2 Certificates (after taking into account
      the
      distribution of the Class M-2 Principal Distribution Amount on such Distribution
      Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
      (after taking into account the distribution of the Class M-3 Principal
      Distribution Amount on such Distribution Date), (v) the Certificate Principal
      Balance of the Class M-4 Certificates (after taking into account the
      distribution of the Class M-4 Principal Distribution Amount on such Distribution
      Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
      (after taking into account the distribution of the Class M-5 Principal
      Distribution Amount on such Distribution Date), (vii) the Certificate Principal
      Balance of the Class M-6 Certificates (after taking into account the
      distribution of the Class M-6 Principal Distribution Amount on such Distribution
      Date) and (viii) the Certificate Principal Balance of the Class M-7 Certificates
      immediately prior to such Distribution Date over (y) the lesser of (A) the
      product of (i) 87.80% and (ii) 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, and unscheduled collections of principal received during
      the related Prepayment Period) and (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) minus the Overcollateralization
      Floor.

     

    “Class
      M-8 Certificate”: Any Class M-8A Certificates or Class M-8B
      Certificates.

     

    “Class
      M-8A Certificate”: Any one of the Class M-8A Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-13, representing (i)
      a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-8B Certificate”: Any one of the Class M-8B Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-14, representing (i)
      a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-8 Principal Distribution Amount: The excess of (x) the sum of (i) the
      aggregate Certificate Principal Balance of the Senior Certificates (after taking
      into account the distribution of the Senior Principal Distribution Amount on
      such Distribution Date), (ii) the Certificate Principal Balance of the Class
      M-1
      Certificates (after taking into account the distribution of the Class M-1
      Principal Distribution Amount on such Distribution Date), (iii) the Certificate
      Principal Balance of the Class M-2 Certificates (after taking into account
      the
      distribution of the Class M-2 Principal Distribution Amount on such Distribution
      Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
      (after taking into account the distribution of the Class M-3 Principal
      Distribution Amount on such Distribution Date), (v) the Certificate Principal
      Balance of the Class M-4 Certificates (after taking into account the
      distribution of the Class M-4 Principal Distribution Amount on such Distribution
      Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
      (after taking into account the distribution of the Class M-5 Principal
      Distribution Amount on such Distribution Date), (vii) the Certificate Principal
      Balance of the Class M-6 Certificates (after taking into account the
      distribution of the Class M-6 Principal Distribution Amount on such Distribution
      Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates
      (after taking into account the distribution of the Class M-7 Principal
      Distribution Amount on such Distribution Date) and (ix) the aggregate
      Certificate Principal Balance of the Class M-8A Certificates and Class M-8B
      Certificates immediately prior to such Distribution Date over (y) the lesser
      of
      (A) the product of (i) 89.80% and (ii) 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, and unscheduled collections of principal received
      during the related Prepayment Period) and (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) minus the
      Overcollateralization Floor.

     

    “Class
      M-9 Certificate”: Any one of the Class M-9 Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-15, representing (i)
      a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-9 Principal Distribution Amount: The excess of (x) the sum of (i) the
      aggregate Certificate Principal Balance of the Senior Certificates (after taking
      into account the distribution of the Senior Principal Distribution Amount on
      such Distribution Date), (ii) the Certificate Principal Balance of the Class
      M-1
      Certificates (after taking into account the distribution of the Class M-1
      Principal Distribution Amount on such Distribution Date), (iii) the Certificate
      Principal Balance of the Class M-2 Certificates (after taking into account
      the
      distribution of the Class M-2 Principal Distribution Amount on such Distribution
      Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
      (after taking into account the distribution of the Class M-3 Principal
      Distribution Amount on such Distribution Date), (v) the Certificate Principal
      Balance of the Class M-4 Certificates (after taking into account the
      distribution of the Class M-4 Principal Distribution Amount on such Distribution
      Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
      (after taking into account the distribution of the Class M-5 Principal
      Distribution Amount on such Distribution Date), (vii) the Certificate Principal
      Balance of the Class M-6 Certificates (after taking into account the
      distribution of the Class M-6 Principal Distribution Amount on such Distribution
      Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates
      (after taking into account the distribution of the Class M-7 Principal
      Distribution Amount on such Distribution Date), (ix) the
      aggregate Certificate Principal Balance of the Class M-8A Certificates and
      Class
      M-8B Certificates (after taking into account the distribution of the Class
      M-8
      Principal Distribution Amount on such Distribution Date) and
      (x)
      the Certificate Principal Balance of the Class M-9 Certificates immediately
      prior to such Distribution Date over (y) the lesser of (A) the product of (i)
      91.70% and (ii) 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,
      and unscheduled collections of principal received during the related Prepayment
      Period) and (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) minus the Overcollateralization Floor.

     

    “Class
      M-10 Certificate”: Any one of the Class M-10 Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-16, representing (i)
      a
      Regular Interest in REMIC 3, (ii) the right to receive the Net WAC Rate
      Carryover Amount and (iii) the obligation to pay the Class IO Distribution
      Amount.

     

    “Class
      M-10 Principal Distribution Amount: The excess of (x) the sum of (i) the
      aggregate Certificate Principal Balance of the Senior Certificates (after taking
      into account the distribution of the Senior Principal Distribution Amount on
      such Distribution Date), (ii) the Certificate Principal Balance of the Class
      M-1
      Certificates (after taking into account the distribution of the Class M-1
      Principal Distribution Amount on such Distribution Date), (iii) the Certificate
      Principal Balance of the Class M-2 Certificates (after taking into account
      the
      distribution of the Class M-2 Principal Distribution Amount on such Distribution
      Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates
      (after taking into account the distribution of the Class M-3 Principal
      Distribution Amount on such Distribution Date), (v) the Certificate Principal
      Balance of the Class M-4 Certificates (after taking into account the
      distribution of the Class M-4 Principal Distribution Amount on such Distribution
      Date), (vi) the Certificate Principal Balance of the Class M-5 Certificates
      (after taking into account the distribution of the Class M-5 Principal
      Distribution Amount on such Distribution Date), (vii) the Certificate Principal
      Balance of the Class M-6 Certificates (after taking into account the
      distribution of the Class M-6 Principal Distribution Amount on such Distribution
      Date), (viii) the Certificate Principal Balance of the Class M-7 Certificates
      (after taking into account the distribution of the Class M-7 Principal
      Distribution Amount on such Distribution Date), (ix) the aggregate Certificate
      Principal Balance of the Class M-8A Certificates and Class M-8B Certificates
      (after taking into account the distribution of the Class M-8 Principal
      Distribution Amount on such Distribution Date), (x) the Certificate Principal
      Balance of the Class M-9 Certificates (after taking into account the
      distribution of the Class M-9 Principal Distribution Amount on such Distribution
      Date) and (xi) the Certificate Principal Balance of the Class M-10 Certificates
      immediately prior to such Distribution Date over (y) the lesser of (A) the
      product of (i) 93.70% and (ii) 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, and unscheduled collections of principal received during
      the related Prepayment Period) and (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) minus the Overcollateralization
      Floor.

     

    “Class
      P
      Certificates”: Any one of the Class P Certificates executed by the Trust
      Administrator, and authenticated and delivered by the Certificate Registrar,
      substantially in the form annexed hereto as Exhibit A-18, representing a Regular
      Interest in REMIC 5.

     

    “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 3 for purposes of the REMIC Provisions.

     

    “Class
      R
      Certificate”: The Class R Certificate executed by the Trust Administrator, and
      authenticated and delivered by the Certificate Registrar, substantially in
      the
      form annexed hereto as Exhibit A-19 and evidencing the ownership of the Class
      R-1 Interest, the Class R-2 Interest and the Class R-3 Interest.

     

    “Class
      R-X Certificate”: The Class R-X Certificate executed by the Trust Administrator,
      and authenticated and delivered by the Certificate Registrar, substantially
      in
      the form annexed hereto as Exhibit A-20 and evidencing the ownership of the
      Class R-4 Interest, the Class R-5 Interest and the Class R-6
      Interest.

     

    “Class
      R-1 Interest”: The uncertificated Residual Interest in REMIC 1.

     

    “Class
      R-2 Interest”: The uncertificated Residual Interest in REMIC 2.

     

    “Class
      R-3 Interest”: The uncertificated Residual Interest in REMIC 3.

     

    “Class
      R-4 Interest”: The uncertificated Residual Interest in REMIC 4.

     

    “Class
      R-5 Interest”: The uncertificated Residual Interest in REMIC 5.

     

    “Class
      R-6 Interest”: The uncertificated Residual Interest in REMIC 6.

     

    “Class
      X
      Certificate”: The Class X Certificates executed by the Trust Administrator, and
      authenticated and delivered by the Certificate Registrar, substantially in
      the
      form annexed hereto as Exhibit A-21, representing the right to distributions
      as
      set forth herein.

     

    “Close
      of
      Business”: As used herein, with respect to any Business Day, 5:00 p.m. (New York
      time).

     

    “Closing
      Date”: February 28, 2007.

     

    “Code”:
      The Internal Revenue Code of 1986, as amended.

     

    “Collection
      Account”: The account or accounts created and maintained by Ocwen pursuant to
      Section 3.10(a), which shall be titled “Ocwen
      Loan Servicing, LLC, as Servicer for Deutsche Bank National Trust Company as
      Trustee, in trust for the registered Holders of Soundview
      Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1,” which must be
      an Eligible Account.

     

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

     

    “Compensating
      Interest”: With respect to Ocwen and any voluntary Principal Prepayment in full,
      the amount
      in
      respect of Prepayment Interest Shortfalls required to be paid by Ocwen pursuant
      to Section 3.24 from its own funds without right of reimbursement.
      With
      respect to each Servicer other than Ocwen and any Principal Prepayment, the
      amount in respect of Prepayment Interest Shortfalls required to be paid by
      such
      Servicer pursuant to the related Servicing Agreement from its own funds without
      right of reimbursement. With respect to the Master Servicer, the amount in
      respect of Prepayment Interest Shortfalls required to be paid by the Master
      Servicer pursuant to Section 3A.10 from its own funds without right of
      reimbursement except as provided in Section 3A.10.

     

    “Corporate
      Trust Office”: The principal corporate trust office of the Trustee or the Trust
      Administrator, as the case may be, at which at any particular time its corporate
      trust business in connection with this Agreement shall be administered, which
      office at the date of the execution of this instrument is located at, (i) with
      respect to the Trustee, 1761 East St. Andrew Place, Santa Ana, California
      92705-4934, or at such other address as the Trustee may designate from time
      to
      time by notice to the Certificateholders, the Depositor, the Servicer, the
      Master Servicer, the Originator, and the Trust Administrator, or (ii) with
      respect to the Trust Administrator, (A) for Certificate transfer and surrender
      purposes, Wells Fargo Bank, N.A., Sixth Street and Marquette Avenue,
      Minneapolis, Minnesota 55479, Attention: Corporate Trust Services—Soundview
      2007-1 and (B) for all other purposes, Wells Fargo Bank, N.A., 9062 Old
      Annapolis Road, Columbia, Maryland 21045, Attention: Corporate Trust
      Services—Soundview 2007-1, or in each case, at such other address as the Trust
      Administrator may designate from time to time by notice to the
      Certificateholders, the Depositor, the Servicer, the Master Servicer, the
      Originator and the Trustee.

     

    “Corresponding
      Certificate”: With respect to each REMIC 2 Regular Interest set forth below, the
      corresponding Regular Certificate set forth in the table below:

     

    
      	
              REMIC
                2 Regular Interest

            	
              Regular
                Certificate

            
	
              LTIA1

            	
              Class
                I-A-1

            
	
              LTIIA1

            	
              Class
                II-A-1

            
	
              LTIIA2

            	
              Class
                II-A-2

            
	
              LTIIA3

            	
              Class
                II-A-3

            
	
              LTIIA4

            	
              Class
                II-A-4

            
	
              LTM1

            	
              Class
                M-1

            
	
              LTM2

            	
              Class
                M-2

            
	
              LTM3

            	
              Class
                M-3

            
	
              LTM4

            	
              Class
                M-4

            
	
              LTM5

            	
              Class
                M-5

            
	
              LTM6

            	
              Class
                M-6

            
	
              LTM7

            	
              Class
                M-7

            
	
              LTM8A

            	
              Class
                M-8A

            
	
              LTM8B

            	
              Class
                M-8B

            
	
              LTM9

            	
              Class
                M-9

            
	
              LTM10

            	
              Class
                M-10

            
	
              LTP

            	
              Class
                P

            

    

    

    “Credit
      Enhancement Percentage”: For any Distribution Date, the percentage equivalent of
      a fraction, the numerator of which is the aggregate Certificate Principal
      Balance of the Mezzanine Certificates and the Class C Certificates, and the
      denominator of which is the aggregate Stated Principal Balance of the Mortgage
      Loans, calculated prior to taking into account payments of principal on the
      Mortgage Loans and distribution of the Group I Principal Distribution Amount
      and
      the Group II Principal Distribution Amount to the Holders of the Certificates
      then entitled to distributions of principal on such Distribution
      Date.

     

    “Credit
      Risk Management Agreement”: The respective agreements between the Credit Risk
      Manager and each Servicer and/or Master Servicer regarding the loss mitigation
      and advisory services to be provided by the Credit Risk Manager.

     

    “Credit
      Risk Manager”: Clayton Fixed Income Services Inc., a Colorado corporation, and
      its successors and assigns. 

     

    “Credit
      Risk Manager Fee”: The amount payable to the Credit Risk Manager on each
      Distribution Date as compensation for all services rendered by it in the
      exercise and performance of any of the powers and duties of the Credit Risk
      Manager under the Credit Risk Management Agreement and any other agreement
      pursuant to which the Credit Risk Manager is to perform any duties with respect
      to the Mortgage Loans, which amount shall equal one twelfth of the product
      of
      (i) the Credit Risk Manager Fee Rate (without regard to the words “per annum”)
      and (ii) the aggregate Stated Principal Balance of the Mortgage Loans and any
      related REO Properties as of the first day of the related Due
      Period.

     

    “Credit
      Risk Manager Fee Rate”: 0.0125% per annum.

     

    “Cumulative
      Loss Percentage”: With respect to any Distribution Date, the percentage
      equivalent of a fraction, the numerator of which is the aggregate amount of
      Realized Losses incurred from the Cut-off Date to the last day of the preceding
      calendar month and the denominator of which is the aggregate Stated Principal
      Balance of the Mortgage Loans as of the Cut-off Date.

     

    “Custodial
      Account”: The account or accounts created and maintained by each Servicer (other
      than Ocwen) pursuant to the related Servicing Agreement, which must be an
      Eligible Account.

     

    “Custodial
      Agreement”: Any of (i) the Custodial Agreement, dated February 1, 2007, among
      Deutsche Bank National Trust Company as Trustee, U.S. Bank National Association
      as custodian and Ocwen Loan Servicing, LLC as servicer and (ii) the Custodial
      Agreement, dated February 1, 2007, among Deutsche Bank National Trust Company
      as
      Trustee, The Bank of New York Trust Company, N.A. as custodian and Wells Fargo
      Bank, N.A. as servicer. 

     

    “Custodian”:
      Any of Deutsche Bank National Trust Company, U.S. Bank National Association
      or
The
      Bank
      of New York Trust Company, N.A. as
      custodian of the Mortgage Files, or any successor thereto.

     

    “Cut-off
      Date”: February 1, 2007.

     

    “Cut-off
      Date Principal Balance”: With respect to any Mortgage Loan, the unpaid Stated
      Principal Balance thereof as of the Cut-off Date of such Mortgage Loan (or
      as of
      the applicable date of substitution with respect to a Qualified Substitute
      Mortgage Loan), after giving effect to scheduled payments due on or before
      the
      Cut-off Date, whether or not received.

     

    “Debt
      Service Reduction”: With respect to any Mortgage Loan, a reduction in the
      scheduled Monthly Payment for such Mortgage Loan by a court of competent
      jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction
      resulting from a Deficient Valuation.

     

    “Deficient
      Valuation”: With respect to any Mortgage Loan, a valuation of the related
      Mortgaged Property by a court of competent jurisdiction in an amount less than
      the then outstanding Stated Principal Balance of the Mortgage Loan, which
      valuation results from a proceeding initiated under the Bankruptcy
      Code.

     

    “Definitive
      Certificates”: As defined in Section 5.02(c) hereof.

     

    “Deleted
      Mortgage Loan”: A Mortgage Loan replaced or to be replaced by one or more
      Qualified Substitute Mortgage Loans.

     

    “Delinquency
      Percentage”: For any Distribution Date, the percentage obtained by dividing (x)
      the aggregate Stated Principal Balance of Mortgage Loans that are Delinquent
      60
      days or more (including Mortgage Loans that are in foreclosure, that have been
      converted to REO Properties or that are in bankruptcy and are Delinquent 60
      days
      or more) in each case, as of the last day of the previous calendar month by
      (y)
      the aggregate Stated Principal Balance of the Mortgage Loans (in each case,
      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).

     

    “Delinquent”:
      With respect to any Mortgage Loan and related Monthly Payment, the Monthly
      Payment due on a Due Date which is not made by the Close of Business on the
      next
      scheduled Due Date for such Mortgage Loan. For example, a Mortgage Loan is
      60 or
      more days Delinquent if the Monthly Payment due on a Due Date is not made by
      the
      Close of Business on the second scheduled Due Date after such Due
      Date.

     

    “Depositor”:
      Financial Asset Securities Corp., a Delaware corporation, or any successor
      in
      interest.

     

    “Depository”:
      The initial Depository shall be The Depository Trust Company, whose nominee
      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(3) of the
      Uniform Commercial Code of the State of New York.

     

    “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 calendar month in which such Distribution Date occurs or, if such
      15th
      day is
      not a Business Day, the Business Day immediately preceding such 15th
      day.

     

    “Directly
      Operate”: With respect to any REO Property, the furnishing or rendering of
      services to the tenants thereof, the management or operation of such REO
      Property, the holding of such REO Property primarily for sale to customers,
      the
      performance of any construction work thereon or any use of such REO Property
      in
      a trade or business conducted by any REMIC other than through an Independent
      Contractor; provided, however, that the Trustee (or a Servicer or the Master
      Servicer on behalf of the Trustee) shall not be considered to Directly Operate
      an REO Property solely because the Trustee (or a Servicer or the Master Servicer
      on behalf of the Trustee) establishes rental terms, chooses tenants, enters
      into
      or renews leases, deals with taxes and insurance, or makes decisions as to
      repairs or capital expenditures with respect to such REO Property.

     

    “Disqualified
      Organization”: A “disqualified organization” under Section 860E of the Code,
      which as of the Closing Date is any of: (i) the United States, any state or
      political subdivision thereof, any foreign government, any international
      organization, or any agency or instrumentality of any of the foregoing, (ii)
      any
      organization (other than a cooperative 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, (iii)
      any
      organization described in Section 1381(a)(2)(C) of the Code or (iv) an “electing
      large partnership” within the meaning of Section 775 of the Code. A corporation
      will not be treated as an instrumentality of the United States or of any state
      or political subdivision thereof, if all of its activities are subject to tax
      and a majority of its board of directors is not selected by a governmental
      unit.
      The term “United States”, “state” and “international organizations” shall have
      the meanings set forth in Section 7701 of the Code.

     

    “Distribution
      Account”: The trust account or accounts created and maintained by the Trust
      Administrator pursuant to Section 3.10(b) which shall be titled “Distribution
      Account, Wells Fargo Bank, N.A. as Trust Administrator, in trust for the
      registered Certificateholders of Soundview Home Loan Trust 2007-1, Asset-Backed
      Certificates, Series 2007-1” and which must be an Eligible Account.

     

    “Distribution
      Date”: The 25th
      day of
      any calendar month, or if such 25th
      day is
      not a Business Day, the Business Day immediately following such 25th
      day,
      commencing in March 2007.

     

    “Due
      Date”: With respect to each Mortgage Loan and any Distribution Date, the first
      day of the calendar month in which such Distribution Date occurs on which the
      Monthly Payment for such Mortgage Loan was due (or, in the case of any Mortgage
      Loan under the terms of which the Monthly Payment for such Mortgage Loan was
      due
      on a day other than the first day of the calendar month in which such
      Distribution Date occurs, the day during the related Due Period on which such
      Monthly Payment was due), exclusive of any days of grace.

     

    “Due
      Period”: With respect to any Distribution Date, the period commencing on the
      second day of the month preceding the month in which such Distribution Date
      occurs and ending on the first day of the 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 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 short-term
      unsecured debt obligations of such holding company) are rated A-1+ by S&P,
      F-1 by Fitch and P-1 by Moody’s (or comparable ratings if S&P, Fitch and
      Moody’s are not the Rating Agencies) at the time any amounts are held on deposit
      therein, (ii) an account or accounts the deposits in which are fully insured
      by
      the FDIC up to the insured amount, (iii) a trust account or accounts maintained
      with the trust department of a federal or state chartered depository
      institution, national banking association or trust company acting in its
      fiduciary capacity or (iv) an account otherwise acceptable to each Rating Agency
      without reduction or withdrawal of their then current ratings of the
      Certificates as evidenced by a letter from each Rating Agency to the Trust
      Administrator, the Trustee and the NIMS Insurer. Eligible Accounts may bear
      interest.

     

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

     

    “Escrow
      Payments”: The amounts constituting ground rents, taxes, assessments, water
      rates, fire and hazard insurance premiums and other payments required to be
      escrowed by the Mortgagor with the mortgagee pursuant to any Mortgage
      Loan.

     

    “Estimated
      Swap Termination Payment”: As defined in the Interest Rate Swap Agreement.

     

    “Excess
      Overcollateralized Amount”: With respect to the Floating Rate Certificates and
      any Distribution Date, the excess, if any, of the sum of (i) the
      Overcollateralized Amount for such Distribution Date, assuming that 100% of
      the
      Principal Remittance Amount is applied as a principal payment on such
      Distribution Date and (ii) any amounts received under the Interest Rate Swap
      Agreement and the Interest Rate Cap Agreement for such purpose over (iii) the
      Overcollateralization Target Amount for such Distribution Date.

     

    “Exchange
      Act”: The Securities Exchange Act of 1934, as amended, and the rules and
      regulations thereunder.

     

    “Extra
      Principal Distribution Amount”: With respect to any Distribution Date, the
      lesser of (x) the Monthly Interest Distributable Amount distributable on the
      Class C Certificates on such Distribution Date as reduced by Realized Losses
      allocated thereto with respect to such Distribution Date pursuant to Section
      4.08 and (y) the Overcollateralization Deficiency Amount for such Distribution
      Date.

     

    “Extraordinary
      Trust Fund Expense”: Any amounts reimbursable to the Master Servicer pursuant to
      Section 3A.03 or Section 6.03, to Ocwen, the Trustee or the Trust Administrator,
      or any director, officer, employee or agent of the Trustee or the Trust
      Administrator from the Trust Fund pursuant to Section 6.03, Section 8.05 or
      Section 10.01(c) and any amounts payable from the Distribution Account in
      respect of taxes pursuant to Section 10.01(g)(iii).

     

    “Fannie
      Mae”: Federal National Mortgage Association or any successor
      thereto.

     

    “FDIC”:
      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 an Originator,
      the Seller or Ocwen pursuant to or as contemplated by Section 2.03, Section
      3.16(c) or Section 10.01), a determination made by the related Servicer that
      all
      Insurance Proceeds, Liquidation Proceeds and other payments or recoveries which
      such Servicer, in its reasonable good faith judgment, expects to be finally
      recoverable in respect thereof have been so recovered. Ocwen
      shall maintain records, prepared by a
      Servicing Officer, of each Final Recovery Determination made
      thereby.

     

    “Fitch”:
      Fitch Ratings, or its successor in interest.

     

    “Fixed-Rate
      Mortgage Loan”: A first lien Mortgage Loan which provides for a fixed Mortgage
      Rate payable with respect thereto. The Fixed-Rate Mortgage Loans are identified
      as such on the Mortgage Loan Schedule.

     

    “Fixed
      Swap Payment”: With respect to any Distribution Date, a fixed amount equal to
      the related amount set forth in the Interest Rate Swap Agreement.

     

    “Float
      Period”: With respect to any Distribution Date and amounts in the Distribution
      Account, the period commencing on the related Servicer Remittance Date and
      ending on the Business Day prior to the Distribution Date.

     

    “Floating
      Rate Certificates”: The Senior Certificates and the Mezzanine
      Certificates.

     

    “Floating
      Swap Payment”: With respect to any Distribution Date, a floating amount equal to
      the product of (i) Swap LIBOR, (ii) the related Notional Amount (as defined
      in
      the Interest Rate Swap Agreement), (iii) 250 and (iv) a fraction, the numerator
      of which is the actual number of days elapsed from and including the previous
      Floating Rate Payer Payment Date (as defined in the Interest Rate Swap
      Agreement) to but excluding the current Floating Rate Payer Payment (or, for
      the
      first Floating Rate Payer Payment Date, the actual number of days elapsed from
      the Closing Date to but excluding the first Floating Rate Payer Payment Date),
      and the denominator of which is 360.

     

    “Form
      8-K
      Disclosure Information”: The meaning set forth in Section
      4.05(a)(iii).

     

    “Formula
      Rate”: For any Distribution Date and the Floating Rate Certificates, the lesser
      of (a) the sum of (i) LIBOR plus (ii) the related Certificate Margin and (b)
      the
      Maximum Cap Rate.

     

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

     

    “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
      Allocation Percentage”: With respect to any Distribution Date, the percentage
      equivalent of a fraction, the numerator of which is (i) the Group I Principal
      Remittance Amount for such Distribution Date, and the denominator of which
      is
      (ii) the Principal Remittance Amount for such Distribution Date.

     

    “Group
      I
      Basic Principal Distribution Amount”: With respect to any Distribution Date, the
      excess of (i) the Group I Principal Remittance Amount for such Distribution
      Date
      over (ii)(a) the Overcollateralization Release Amount, if any, for such
      Distribution Date multiplied by (b) the Group I Allocation
      Percentage.

     

    “Group
      I
      Certificates”: The Class I-A-1 Certificates.

     

    “Group
      I
      Initial Deposit”: An amount equal to $12,024.27 deposited with the Trust
      Administrator by the Depositor on the Closing Date.

     

    “Group
      I
      Interest Remittance Amount”: With respect to any Distribution Date, that portion
      of the Available Funds for such Distribution Date attributable to interest
      received or advanced with respect to the Group I Mortgage Loans.

     

    “Group
      I
      Mortgage Loan”: A Mortgage Loan assigned to Loan Group I with a Stated Principal
      Balance at origination that conforms to Fannie Mae and Freddie Mac loan limits.
      The aggregate principal balance of the Group I Mortgage Loans as of the Cut-off
      Date is equal to $283,681,616.64.

     

    “Group
      I
      Principal Distribution Amount”: With respect to any Distribution Date, the sum
      of (i) the Group I Basic Principal Distribution Amount for such Distribution
      Date, (ii)(a) the Extra Principal Distribution Amount for such Distribution
      Date
      multiplied by (b) the Group I Allocation Percentage and (iii) with respect
      to
      the first Distribution Date, the Group I Initial Deposit.

     

    “Group
      I
      Principal Remittance Amount”: With respect to any Distribution Date, that
      portion of Available Funds equal to the sum of (i) each scheduled payment of
      principal collected or advanced on the Group I Mortgage Loans by the related
      Servicer that were due during the related Due Period, (ii) the principal portion
      of all full Principal Prepayments of the Group I Mortgage Loans applied by
      the
      related Servicer during the related Prepayment Period, (iii) the principal
      portion of all related partial Principal Prepayments, Net Liquidation Proceeds,
      Insurance Proceeds and Subsequent Recoveries received during the related
      Prepayment Period with respect to the Group I Mortgage Loans, (iv) that portion
      of the Purchase Price, representing principal of any repurchased Group I
      Mortgage Loan, deposited to the Collection Account or a Custodial Account during
      the related Prepayment Period, (v) the principal portion of any related
      Substitution Adjustments deposited in the Collection Account or a Custodial
      Account during the related Prepayment Period with respect to the Group I
      Mortgage Loans and (vi) on the Distribution Date on which the Trust Fund is
      to
      be terminated pursuant to Section 10.01, that portion of the Termination Price,
      in respect of principal on the Group I Mortgage Loans. 

     

    “Group
      I
      Senior Principal Distribution Amount”: The excess of (x) the Certificate
      Principal Balance of the Group I Certificates immediately prior to such
      Distribution Date over (y) the lesser of (A) the product of (i) 60.70% and
      (ii)
      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 (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) minus the related Overcollateralization
      Floor.

     

    “Group
      II
      Allocation Percentage”: With respect to any Distribution Date, the percentage
      equivalent of a fraction, the numerator of which is (i) the Group II Principal
      Remittance Amount for such Distribution Date, and the denominator of which
      is
      (ii) the Principal Remittance Amount for such Distribution Date.

     

    “Group
      II
      Basic Principal Distribution Amount”: With respect to any Distribution Date, the
      excess of (i) the Group II Principal Remittance Amount for such Distribution
      Date over (ii)(a) the Overcollateralization Release Amount, if any, for such
      Distribution Date multiplied by (b) the Group II Allocation
      Percentage.

     

    “Group
      II
      Certificates”: Collectively, the Class II-A-1 Certificates, the Class II-A-2
      Certificates, the Class II-A-3 Certificates and the Class II-A-4
      Certificates.

     

    “Group
      II
      Initial Deposit”: An amount equal to $97,707.98 deposited with the Trust
      Administrator by the Depositor on the Closing Date.

     

    “Group
      II
      Interest Remittance Amount”: With respect to any Distribution Date, that portion
      of the Available Funds for such Distribution Date attributable to interest
      received or advanced with respect to the Group II Mortgage Loans.

     

    “Group
      II
      Mortgage Loan”: A Mortgage Loan assigned to Loan Group II with a Stated
      Principal Balance at origination that may or may not conform to Fannie Mae
      and
      Freddie Mac loan limits. The aggregate principal balance of the Group II
      Mortgage Loans as of the Cut-off Date is equal to $346,253,840.80.

     

    “Group
      II
      Principal Distribution Amount”: With respect to any Distribution Date, the sum
      of (i) the Group II Basic Principal Distribution Amount for such Distribution
      Date, (ii)(a) the Extra Principal Distribution Amount for such Distribution
      Date
      multiplied by (b) the Group II Allocation Percentage and (iii) with respect
      to
      the first Distribution Date, the Group II Initial Deposit.

     

    “Group
      II
      Principal Remittance Amount”: With respect to any Distribution Date, that
      portion of Available Funds equal to the sum of (i) each scheduled payment of
      principal collected or advanced on the Group II Mortgage Loans by the related
      Servicer that were due during the related Due Period, (ii) the principal portion
      of all full Principal Prepayments of the Group II Mortgage Loans applied by
      the
      related Servicer during the related Prepayment Period, (iii) the principal
      portion of all related partial Principal Prepayments, Net Liquidation Proceeds,
      Insurance Proceeds and Subsequent Recoveries received during the related
      Prepayment Period with respect to the Group II Mortgage Loans, (iv) that portion
      of the Purchase Price, representing principal of any repurchased Group II
      Mortgage Loan, deposited to the Collection Account or a Custodial Account during
      the related Prepayment Period, (v) the principal portion of any related
      Substitution Adjustments deposited in the Collection Account or a Custodial
      Account during the related Prepayment Period with respect to the Group II
      Mortgage Loans and (vi) on the Distribution Date on which the Trust Fund is
      to
      be terminated pursuant to Section 10.01, that portion of the Termination Price,
      in respect of principal on the Group II Mortgage Loans. 

     

    “Group
      II
      Senior Principal Distribution Amount”: The excess of (x) the Certificate
      Principal Balance of the Group II Certificates immediately prior to such
      Distribution Date over (y) the lesser of (A) the product of (i) 60.70% and
      (ii)
      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 (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) minus the related Overcollateralization
      Floor.

     

    “Highest
      Priority”: As of any date of determination, the Class of Mezzanine Certificates
      then outstanding with a Certificate Principal Balance greater than zero, with
      the highest priority for payments pursuant to Section 4.01, in the following
      order of decreasing priority: Class M-1, Class M-2, Class M-3, Class M-4, Class
      M-5, Class M-6, Class M-7, Class M-8 (concurrently, to the holders of the Class
      M-8A Certificates and the Class M-8B Certificates, on a pro
      rata
      basis
      based on the Certificate Principal Balance of each such class), Class M-9 and
      Class M-10 Certificates.

     

    “Indenture”:
      An indenture relating to the issuance of notes secured by the Class C
      Certificates, the Class P Certificates and/or the Class R Certificates (or
      any
      portion thereof) which may or may not be guaranteed by the NIMS
      Insurer.

     

    “Independent”:
      When used with respect to any specified Person, any such Person who (a) is
      in
      fact independent of the Depositor, each Servicer or the Master Servicer and
      their respective Affiliates, (b) does not have any direct financial interest
      in
      or any material indirect financial interest in the Depositor or any Servicer
      or
      any Affiliate thereof, and (c) is not connected with the Depositor or any
      Servicer 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 or a Servicer or any Affiliate thereof merely because such Person
      is
      the beneficial owner of 1% or less of any class of securities issued by the
      Depositor or such Servicer or any Affiliate thereof, as the case may
      be.

     

    “Independent
      Contractor”: Either (i) any Person (other than a Servicer or the Master
      Servicer) that would be an “independent contractor” with respect to any of the
      REMICs created hereunder within the meaning of Section 856(d)(3) of the Code
      if
      such REMIC were a real estate investment trust (except that the ownership tests
      set forth in that section shall be considered to be met by any Person that
      owns,
      directly or indirectly, 35% or more of any Class of Certificates), so long
      as
      each such REMIC does not receive or derive any income from such Person and
      provided that the relationship between such Person and such REMIC is at arm’s
      length, all within the meaning of Treasury Regulation Section 1.856-4(b)(5),
      or
      (ii) any other Person (including a Servicer and the Master Servicer) if the
      Trust Administrator has received an Opinion of Counsel for the benefit of the
      Trustee and the Trust Administrator to the effect that the taking of any action
      in respect of any REO Property by such Person, subject to any conditions therein
      specified, that is otherwise herein contemplated to be taken by an Independent
      Contractor will not cause such REO Property to cease to qualify as “foreclosure
      property” within the meaning of Section 860G(a)(8) of the Code (determined
      without regard to the exception applicable for purposes of Section 860D(a)
      of
      the Code), or cause any income realized in respect of such REO Property to
      fail
      to qualify as Rents from Real Property.

     

    “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.

     

    “Initial
      Certificate Principal Balance”: With respect to any Regular Certificate, the
      amount designated “Initial Certificate Principal Balance” on the face
      thereof.

     

    “Insurance
      Proceeds”: Proceeds of any title policy, hazard policy or other insurance policy
      covering a Mortgage Loan, to the extent such proceeds are received by the
      related Servicer and are not to be applied to the restoration of the related
      Mortgaged Property or released to the Mortgagor in accordance with the
      procedures that such Servicer would follow in servicing mortgage loans held
      for
      its own account, subject to the terms and conditions of the related Mortgage
      Note and Mortgage.

     

    “Interest
      Determination Date”: With respect to the Floating Rate Certificates and each
      Accrual Period, the second LIBOR Business Day preceding the commencement of
      such
      Accrual Period.

     

    “Interest
      Rate Cap Agreement”: The interest rate swap agreement, dated the Closing Date
      between the Cap Trustee and the Interest Rate Cap Provider, including any
      schedule, confirmations, credit support annex or other credit support document
      relating thereto, and attached hereto as Exhibit O.

     

    “Interest
      Rate Cap Collateral Account”: The account or accounts created and maintained
      pursuant to Section 4.14. 

     

    “Interest
      Rate Cap Credit Support Annex”: The credit support annex, dated the Closing
      Date, between the Cap Trustee on behalf of the Cap Trust and the Interest Rate
      Cap Provider, which is annexed to and forms a part of the Interest Rate Cap
      Agreement.

     

    “Interest
      Rate Cap Provider”: The cap provider under the Interest Rate Cap Agreement.
      Initially, the Interest Rate Cap Provider shall be Bear Stearns Financial
      Products Inc.

     

    “Interest
      Rate Swap Agreement”: The interest rate swap agreement, dated the Closing Date,
      between the Supplemental Interest Trust Trustee on behalf of the Cap Trust
      and
      the Swap Provider, including any schedule, confirmations, credit support annex
      or other credit support document relating thereto, and attached hereto as
      Exhibit Q.

     

    “Late
      Collections”: With respect to any Mortgage Loan, all amounts received by the
      related Servicer subsequent to the Determination Date immediately following
      any
      related Due Period, whether as late payments of Monthly Payments or as Insurance
      Proceeds, Liquidation Proceeds or otherwise, which represent late payments
      or
      collections of principal and/or interest due (without regard to any acceleration
      of payments under the related Mortgage and Mortgage Note) but delinquent on
      a
      contractual basis for such Due Period and not previously recovered.

     

    “LIBOR”:
      With respect to each Accrual Period, the rate determined by the Trust
      Administrator on the related Interest Determination Date on the basis of the
      London interbank offered rate for one-month United States dollar deposits,
      as
      such rate appears on the Telerate Page 3750, as of 11:00 a.m. (London time)
      on
      such Interest Determination Date. If such rate does not appear on Telerate
      Page
      3750, the rate for such Interest Determination Date will be determined on the
      basis of the offered rates of the Reference Banks for one-month United States
      dollar deposits, as of 11:00 a.m. (London time) on such Interest Determination
      Date. The Trust Administrator will request the principal London office of each
      of the Reference Banks to provide a quotation of its rate. On such Interest
      Determination Date, LIBOR for the related Accrual Period will be established
      by
      the Trust Administrator as follows:

     

    (i)  If
      on
      such Interest Determination Date two or more Reference Banks provide such
      offered quotations, LIBOR for the related Accrual Period shall be the arithmetic
      mean of such offered quotations (rounded upwards if necessary to the nearest
      whole multiple of 1/16 of 1%); and

     

    (ii)  If
      on
      such Interest Determination Date fewer than two Reference Banks provide such
      offered quotations, LIBOR for the related Accrual Period shall be the higher
      of
      (i) LIBOR as determined on the previous Interest Determination Date and (ii)
      the
      Reserve Interest Rate.

     

    “LIBOR
      Business Day”: Any day on which banks in London, England and The City of New
      York are open and conducting transactions in foreign currency and
      exchange.

     

    “Liquidated
      Mortgage Loan”: As to any Distribution Date, any Mortgage Loan in respect of
      which the related Servicer has determined, in accordance with its reasonable
      judgment, as of the end of the related Prepayment Period, that all Liquidation
      Proceeds which it expects to recover with respect to the liquidation of the
      Mortgage Loan or disposition of the related REO Property have been
      recovered.

     

    “Liquidation
      Event”: With respect to any Mortgage Loan, any of the following events: (i) such
      Mortgage Loan is paid in full, (ii) a Final Recovery Determination is made
      as to
      such Mortgage Loan or (iii) such Mortgage Loan is removed from the Trust Fund
      by
      reason of its being purchased, sold or replaced pursuant to or as contemplated
      by Section 2.03, Section 3.16(c) or Section 10.01. With respect to any REO
      Property, either of the following events: (i) a Final Recovery Determination
      is
      made as to such REO Property or (ii) such REO Property is removed from the
      Trust
      Fund by reason of its being sold or purchased pursuant to Section 3.23 or
      Section 10.01.

     

    “Liquidation
      Proceeds”: The amount (other than amounts received in respect of the rental of
      any REO Property prior to REO Disposition) received by the related Servicer
      in
      connection with (i) the taking of all or a part of a Mortgaged Property by
      exercise of the power of eminent domain or condemnation, (ii) the liquidation
      of
      a defaulted Mortgage Loan by means of a trustee’s sale, foreclosure sale or
      otherwise or (iii) the repurchase, substitution or sale of a Mortgage Loan or an
      REO Property pursuant to or as contemplated by Section 2.03, Section 3.16(c),
      Section 3.23 or Section 10.01. 

     

    “Loan-to-Value
      Ratio”: As of any date and as to any Mortgage Loan, the fraction, expressed as a
      percentage, the numerator of which is the Stated Principal Balance of the
      Mortgage Loan and the denominator of which is the Value of the related Mortgaged
      Property.

     

    “Loan
      Group”: Either Loan Group I or Loan Group II, as the context
      requires.

     

    “Loan
      Group I”: The group of Mortgage Loans identified in the Mortgage Loan Schedule
      as having been assigned to Loan Group I.

     

    “Loan
      Group II”: The group of Mortgage Loans identified in the Mortgage Loan Schedule
      as having been assigned to Loan Group II.

     

    “Losses”:
      As defined in Section 9.03.

     

    “Lost
      Note Affidavit”: With respect to any Mortgage Loan as to which the original
      Mortgage Note has been permanently lost, misplaced or destroyed and has not
      been
      replaced, an affidavit from the related Originator certifying that the original
      Mortgage Note has been lost, misplaced or destroyed (together with a copy of
      the
      related Mortgage Note) and indemnifying the Trust against any loss, cost or
      liability resulting from the failure to deliver the original Mortgage Note
      in
      the form of Exhibit H hereto.

     

    “Majority
      Certificateholders”: The Holders of Certificates evidencing at least 51% of the
      Voting Rights.

     

    “Marker
      Rate”: With respect to the Class C Interest and any Distribution Date, a per
      annum rate equal to two (2) times the weighted average of the Uncertificated
      REMIC 2 Pass-Through Rates for each REMIC 2 Regular Interest (other than REMIC
      2
      Regular Interest LTAA, REMIC 2 Regular Interest LTIO and REMIC 2 Regular
      Interest LTP), with the rate on each such REMIC 2 Regular Interest (other than
      REMIC 2 Regular Interest LTZZ) 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 2 Regular Interest LTZZ subject to a cap of zero for the
      purpose of this calculation; provided, however, that solely for this purpose,
      calculations of the Uncertificated REMIC 2 Pass-Through Rate and the related
      caps with respect to each such REMIC 2 Regular Interest (other than REMIC 2
      Regular Interest LTZZ) shall be multiplied by a fraction, the numerator of
      which
      is the actual number of days in the related Accrual Period and the denominator
      of which is 30.

     

    “Master
      Agreement”: Each of the Master Mortgage Loan Purchase and Interim Servicing
      Agreements betweeen the related Originator and the Seller.

     

    “Master
      Servicer”: As of the Closing Date, Wells Fargo Bank, N.A. and thereafter, its
      respective successors in interest who meet the qualifications of the Master
      Servicer under this Agreement or any successor appointed hereunder. The Master
      Servicer and the Trust Administrator shall at all times be the same
      Person.

     

    “Master
      Servicer Event of Termination”: One or more of the events described in Section
      7.01(b).

     

    “Master
      Servicing Compensation”: The meaning specified in Section 3A.09.

     

    “Master
      Servicing Transfer Costs”: Shall mean all reasonable out-of-pocket costs and
      expenses incurred by the Trustee in connection with the transfer of master
      servicing from a predecessor master servicer, including, without limitation,
      any
      reasonable costs or 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 (or other successor master servicer)
      to
      correct any errors or insufficiencies in the servicing data or otherwise to
      enable the Trustee (or other successor master servicer) to master service the
      Mortgage Loans properly and effectively. 

     

    “Maximum
      Cap Rate”: For any Distribution Date with respect to the Floating Rate
      Certificates, a per annum rate equal to the product of (i) the sum of (x) the
      weighted average of the Adjusted Net Maximum Mortgage Rates of the Mortgage
      Loans (weighted based on the Stated Principal Balances of the Mortgage Loans
      as
      of the first
      day
      of the related Due Period or, in the case of the first Distribution Date, the
      Cut-off Date, adjusted, except in the case of the first Distribution Date,
      to
      reflect unscheduled principal payments made thereafter during
      the Prepayment Period that includes such first day of the related Due Period)
      minus the Swap Expense Fee Rate and (y) an amount, expressed as a percentage,
      equal to a fraction, the numerator of which is equal to any Net Swap Payment
      made by the Swap Provider and the denominator of which is equal to the aggregate
      Stated Principal Balance of the Mortgage Loans as of the first day of the
      related Due Period (adjusted to reflect unscheduled principal payments made
      thereafter during the Prepayment Period that includes such first day),
      multiplied by 12 and (ii) 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.

     

    “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.

     

    “Maximum
      Uncertificated Accrued Interest Deferral Amount”: With respect to any
      Distribution Date, the excess of (a) accrued interest at the Uncertificated
      REMIC 2 Pass-Through Rate applicable to REMIC 2 Regular Interest LTZZ for such
      Distribution Date on a balance equal to the Uncertificated Principal Balance
      of
      REMIC 2 Regular Interest LTZZ minus the REMIC 2 Overcollateralization Amount,
      in
      each case for such Distribution Date, over (b) the sum of the Uncertificated
      Accrued Interest on REMIC 2 Regular Interest LTIA1, REMIC 2 Regular Interest
      LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC
      2
      Regular Interest LTIIA3,
      REMIC 2
      Regular Interest LTIIA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest
      LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2
      Regular Interest LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest
      LTM7, REMIC 2 Regular Interest LTM8A, REMIC 2 Regular Interest LTM8B, REMIC
      2
      Regular Interest LTM9 and REMIC 2 Regular Interest LTM10 with the rate on each
      such REMIC 2 Regular Interest subject to a cap equal to the Pass-Through Rate
      for the related Corresponding Certificate for the purpose of this calculation;
      provided, however, that for this purpose, calculations of the Uncertificated
      REMIC 2 Pass-Through Rate and the related caps with respect to each such REMIC
      2
      Regular Interest (other than REMIC 2 Regular Interest LTZZ) shall be multiplied
      by a fraction, the numerator of which is the actual number of days elapsed
      in
      the related Accrual Period and the denominator of which is 30.

     

    “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
      Certificate”: Any Class M-1 Certificate, Class M-2 Certificate, Class M-3
      Certificate, Class M-4 Certificate, Class M-5 Certificate, Class M-6
      Certificate, Class M-7 Certificate, Class M-8A Certificate, Class M-8B
      Certificate, Class M-9 Certificate or Class M-10 Certificate.

     

    “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 applicable 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
      Interest Distributable Amount”: With respect to the Floating Rate Certificates
      and the Class C Certificates and any Distribution Date, the amount of interest
      accrued during the related Accrual Period at the related Pass-Through Rate
      on
      the Certificate Principal Balance (or Notional Amount in the case of the Class
      C
      Certificates) of such Class immediately prior to such Distribution Date, in
      each
      case, reduced by any Net Prepayment Interest Shortfalls and Relief Act Interest
      Shortfalls (allocated to such Certificate based on its respective entitlements
      to interest irrespective of any Net Prepayment Interest Shortfalls and Relief
      Act Interest Shortfalls for such Distribution Date).

     

    “Monthly
      Payment”: With respect to any Mortgage Loan, the scheduled monthly payment of
      principal and interest on such Mortgage Loan which is payable by the related
      Mortgagor from time to time under the related Mortgage Note, determined: (a)
      after giving effect to (i) any Deficient Valuation and/or Debt Service Reduction
      with respect to such Mortgage Loan, (ii) any modifications to a Mortgage Loan
      pursuant to Section 3.07 and (iii) any reduction in the amount of interest
      collectible from the related Mortgagor pursuant to the Relief Act; (b) without
      giving effect to any extension granted or agreed to by Ocwen pursuant to clause
      (ii) of Section 3.07 or by a Servicer (other than Ocwen) pursuant to the related
      Servicing Agreement; and (c) on the assumption that all other amounts, if any,
      due under such Mortgage Loan are paid when due.

     

    “Moody’s”:
      Moody’s Investors Service, Inc., or its successor in interest.

     

    “Mortgage”:
      The mortgage, deed of trust or other instrument creating a first or second
      lien
      on, or first or second priority security interest in, a Mortgaged Property
      securing a Mortgage Note.

     

    “Mortgage
      File”: The mortgage documents listed in Section 2.01 pertaining to a particular
      Mortgage Loan and any additional documents required to be added to the Mortgage
      File pursuant to this Agreement.

     

    “Mortgage
      Loan”: Each mortgage loan transferred and assigned to the Trustee pursuant to
      Section 2.01 or Section 2.03(d) as from time to time held as a part of the
      Trust
      Fund, the Mortgage Loans so held being identified in the Mortgage Loan
      Schedule.

     

    “Mortgage
      Loan Schedule”: As of any date, the list of Mortgage Loans included in REMIC 1
      on such date, separately identifying the Group I Mortgage Loans and the Group
      II
      Mortgage Loans, attached hereto as Exhibit D. The Mortgage Loan Schedule shall
      be prepared by the Seller and shall set forth the following information with
      respect to each Mortgage Loan, as applicable:

     

    
      	(1)  	
              the
                Mortgage Loan identifying number;

            

    

     

    
      	(2)  	
              [reserved];

            

    

     

    
      	(3)  	
              the
                state and zip code of the Mortgaged
                Property;

            

    

     

    
      	(4)  	
              a
                code indicating whether the Mortgaged Property was represented by
                the
                borrower, at the time of origination, as being
                owner-occupied;

            

    

     

    
      	(5)  	
              the
                type of Residential Dwelling constituting the Mortgaged
                Property;

            

    

     

    
      	(6)  	
              the
                original months to maturity;

            

    

     

    
      	(7)  	
              the
                stated remaining months to maturity from the Cut-off Date based on
                the
                original amortization schedule;

            

    

     

    
      	(8)  	
              the
                Loan-to-Value Ratio at origination;

            

    

     

    
      	(9)  	
              the
                Mortgage Rate in effect immediately following the Cut-off
                Date;

            

    

     

    
      	(10)  	
              the
                date on which the first Monthly Payment was due on the Mortgage
                Loan;

            

    

     

    
      	(11)  	
              the
                stated maturity date;

            

    

     

    
      	(12)  	
              the
                amount of the Monthly Payment at
                origination;

            

    

     

    
      	(13)  	
              the
                amount of the Monthly Payment due on the first Due Date after the
                Cut-off
                Date;

            

    

     

    
      	(14)  	
              the
                last Due Date on which a Monthly Payment was actually applied to
                the
                unpaid Stated Principal Balance;

            

    

     

    
      	(15)  	
              the
                original principal amount of the Mortgage
                Loan;

            

    

     

    
      	(16)  	
              the
                Stated Principal Balance of the Mortgage Loan as of the Close of
                Business
                on the Cut-off Date;

            

    

     

    
      	(17)  	
              a
                code indicating the purpose of the Mortgage Loan (i.e., purchase
                financing, rate/term refinancing, cash-out
                refinancing);

            

    

     

    
      	(18)  	
              the
                Mortgage Rate at origination;

            

    

     

    
      	(19)  	
              a
                code indicating the documentation program (i.e., full documentation,
                limited income verification, no income verification, alternative
                income
                verification);

            

    

     

    
      	(20)  	
              the
                risk grade;

            

    

     

    
      	(21)  	
              the
                Value of the Mortgaged Property;

            

    

     

    
      	(22)  	
              the
                sale price of the Mortgaged Property, if
                applicable;

            

    

     

    
      	(23)  	
              the
                actual unpaid principal balance of the Mortgage Loan as of the Cut-off
                Date;

            

    

     

    
      	(24)  	
              the
                type and term of the related Prepayment
                Charge;

            

    

     

    
      	(25)  	
              with
                respect to any Adjustable-Rate Mortgage Loan, the rounding code,
                the
                Minimum Mortgage Rate, the Maximum Mortgage Rate, the Gross Margin,
                the
                next Adjustment Date and the Periodic Rate
                Cap;

            

    

     

    
      	(26)  	
              the
                program code;

            

    

     

    
      	(27)  	
              the
                lien priority; 

            

    

     

    
      	(28)  	
              the
                Originator and the Servicer; 

            

    

     

    
      	(29)  	
              the
                Loan Group; and

            

    

     

    
      	(30)  	
              the
                MIN, if applicable.

            

    

     

    The
      Mortgage Loan Schedule shall set forth the following information, with respect
      to the Mortgage Loans in the aggregate and for each Loan Group as of the Cut-off
      Date: (1) the number of Mortgage Loans; (2) the current Principal Balance of
      the
      Mortgage Loans; (3) the weighted average Mortgage Rate of the Mortgage Loans
      and
      (4) the weighted average remaining term to maturity of the Mortgage Loans.
      The
      Mortgage Loan Schedule shall be amended from time to time by the Depositor
      in
      accordance with the provisions of this Agreement. With respect to any Qualified
      Substitute Mortgage Loan, Cut-off Date shall refer to the Cut-off Date for
      such
      Mortgage Loan, determined in accordance with the definition of Cut-off Date
      herein. On the Closing Date, the Depositor will deliver to each Servicer, as
      of
      the Cut-off Date, an electronic copy of the Mortgage Loan Schedule.

     

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

     

    “Mortgage
      Pool”: The pool of Mortgage Loans, identified on Exhibit D from time to time,
      and any REO Properties acquired in respect thereof.

     

    “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, including any REO
      Property, consisting of a fee simple estate in a parcel of real property
      improved by a Residential Dwelling.

     

    “Mortgagor”:
      The obligor on a Mortgage Note.

     

    “Net
      Liquidation Proceeds”: With respect to any Liquidated Mortgage Loan or any other
      disposition of related Mortgaged Property (including REO Property) the related
      Liquidation Proceeds and Insurance Proceeds net of Advances, Servicing Advances,
      Servicing Fees and any other accrued and unpaid servicing fees or ancillary
      income received and retained in connection with the liquidation of such Mortgage
      Loan or Mortgaged Property.

     

    “Net
      Monthly Excess Cashflow”: With respect to each Distribution Date, the sum of (a)
      any Overcollateralization Release Amount for such Distribution Date and (b)
      the
      excess of (x) Available Funds for such Distribution Date over (y) the sum for
      such Distribution Date of (A) the Monthly Interest Distributable Amounts for
      the
      Floating Rate Certificates, (B) the Unpaid Interest Shortfall Amounts for the
      Senior Certificates and (C) the Principal Remittance Amount.

     

    “Net
      Mortgage Rate”: With respect to any Mortgage Loan (or the related REO Property),
      as of any date of determination, a per annum rate of interest equal to the
      then
      applicable Mortgage Rate for such Mortgage Loan minus the Servicing Fee
      Rate.

     

    “Net
      Prepayment Interest Shortfall”: With respect to any Distribution Date, the
      excess, if any, of any Prepayment Interest Shortfalls for such date over the
      related Compensating Interest.

     

    “Net
      Swap
      Payment”: In the case of payments made by the Trust, the excess, if any, of (x)
      the Fixed Swap Payment over (y) the Floating Swap Payment and in the case of
      payments made by the Swap Provider, the excess, if any, of (x) the Floating
      Swap
      Payment over (y) the Fixed Swap Payment. In each case, the Net Swap Payment
      shall not be less than zero.

     

    “Net
      WAC
      Rate”: With respect to the Floating Rate Certificates, for the first
      Distribution Date, such rate shall be 6.94788%, and for any Distribution Date
      following the first Distribution Date, such rate shall be a per annum rate
      equal
      to the product of (x) the weighted average of the Adjusted Net Mortgage Rates
      of
      the Mortgage Loans (weighted based on the Stated Principal Balances of the
      Mortgage Loans as of the first day of the related Due Period or, in the case
      of
      the first Distribution Date, the Cut-off Date, adjusted, except in the case
      of
      the first Distribution Date, to reflect unscheduled principal payments made
      thereafter during the Prepayment Period that includes such first day of the
      related Due Period) minus the Swap Expense Fee Rate 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. For federal income tax purposes,
      the
      equivalent of the foregoing shall be expressed as a per annum rate equal to
      the
      weighted average of the Uncertificated REMIC 2 Pass-Through Rates on each REMIC
      2 Regular Interest (other than REMIC 2 Regular Interests LTIO), weighted on
      the
      basis of the Uncertificated Principal Balance of each such REMIC 2 Regular
      Interest.

     

    “Net
      WAC
      Rate Carryover Amount”: With respect to the Floating Rate Certificates and any
      Distribution Date, the sum of (A) the positive excess of (i) the amount of
      interest accrued on such Class of Certificates on such Distribution Date
      calculated at the related Formula Rate over (ii) the amount of interest accrued
      on such Class of Certificates at the Net WAC Rate for such Distribution Date
      and
      (B) the Net WAC Rate Carryover Amount for the previous Distribution Date not
      previously paid, together with interest thereon at a rate equal to the related
      Formula Rate for the most recently ended Accrual Period.

     

    “Net
      WAC
      Rate Carryover Reserve Account”: The account established and maintained pursuant
      to Section 4.13.

     

    “New
      Lease”: Any lease of REO Property entered into on behalf of the Trust, including
      any lease renewed or extended on behalf of the Trust if the Trust has the right
      to renegotiate the terms of such lease.

     

    “NIMS
      Insurer”: Any insurer that is guaranteeing certain payments under notes secured
      by collateral which includes all or a portion of the Class C Certificates,
      the
      Class P Certificates and/or the Residual Certificates. 

     

    “Nonrecoverable
      Advance”: Any Advance or Servicing Advance previously made or proposed to be
      made in respect of a Mortgage Loan or REO Property that, in the good faith
      business judgment of the related Servicer or the Master Servicer, as applicable,
      will not be ultimately recoverable from Late Collections, Insurance Proceeds,
      Liquidation Proceeds or condemnation proceeds on such Mortgage Loan or REO
      Property as provided herein.

     

    “Nonrecoverable
      Servicing Advance”: Any Servicing Advance previously made or proposed to be made
      in respect of a Mortgage Loan or REO Property that, in the good faith business
      judgment of the related Servicer, will not or, in the case of a proposed
      Servicing Advance, would not be ultimately recoverable from related Late
      Collections, Insurance Proceeds or Liquidation Proceeds on such Mortgage Loan
      or
      REO Property as provided herein.

     

    “Notional
      Amount”: Immediately prior to any Distribution Date with respect to the Class C
      Interest, the aggregate Uncertificated Principal Balance of the REMIC 2 Regular
      Interests (other than the REMIC 2 Regular Interest LTP).

     

    “Ocwen”:
      Ocwen Loan Servicing, LLC.

     

    “Ocwen
      Mortgage Loans”: The Mortgage Loans serviced by Ocwen pursuant to the terms of
      this Agreement.

     

    “Offered
      Certificates”: The Senior Certificates and the Mezzanine Certificates offered to
      the public pursuant to the Prospectus Supplement.

     

    “Officers’
      Certificate”: A certificate signed by the Chairman of the Board, the Vice
      Chairman of the Board, the President or a vice president (however denominated),
      or by the Treasurer, the Secretary, or one of the assistant treasurers or
      assistant secretaries of any Servicer, the Master Servicer, the Originator,
      the
      Seller or the Depositor, as applicable.

     

    “Opinion
      of Counsel”: A written opinion of counsel, who may, without limitation, be a
      salaried counsel for the Depositor, the Seller, any Servicer or the Master
      Servicer, acceptable to the Trustee, if such opinion is delivered to the
      Trustee, or acceptable to the Trust Administrator, if such opinion is delivered
      to the Trust Administrator, 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.

     

    “Optional
      Termination Date”: The first Distribution Date on which the Terminator may opt
      to terminate the Trust Fund pursuant to Section 10.01.

     

    “Original
      Class Certificate Principal Balance”:
      With
      respect to the Floating Rate Certificates, the Class C Certificates, the Class
      C
      Interest, the Class IO Interest, REMIC 6 Regular Interest SWAP IO, the Class
      P
      Certificates and the Class P Interest, the corresponding amounts set forth
      opposite such Class above in the Preliminary Statement.

     

    “Originator”:
      Any of Mortgage Lenders Network USA, Ameriquest Mortgage Company, Mortgaeg
      Network Inc., Nationstar Mortgage LLC, First NLC Financial Services LLC, Fremont
      Investment & Loan, New Century Mortgage Corporation, Countrywide Home Loans,
      LP, NovaStar Mortgage Inc., Long Beach Mortgage Company, Meritage Mortgage
      Corporation and Aames Financial Corp., or their successors in
      interest.

     

    “Overcollateralization
      Deficiency Amount”: With respect to any Distribution Date, the amount, if any,
      by which the Overcollateralization Target Amount exceeds the Overcollateralized
      Amount on such Distribution Date (assuming that 100% of the Principal Remittance
      Amount is applied as a principal distribution on such Distribution
      Date).

     

    “Overcollateralization
      Floor”: With respect to the Group I Certificates, $1,433,019,
      with respect to the Group II Certificates, $1,717,207 and with respect to the
      Mezzanine Certificates, $3,150,226.

     

    “Overcollateralization
      Release Amount”: With respect to any Distribution Date, the lesser of (x) the
      Principal Remittance Amount for such Distribution Date and (y) the Excess
      Overcollateralized Amount.

     

    “Overcollateralization
      Target Amount”: With
      respect to any Distribution Date, (i) prior to the Stepdown Date, an amount
      equal to 3.15% of
      the
      aggregate Cut-off Date Principal Balance of the Mortgage Loans,
      (ii) on
      or after the Stepdown Date provided a Trigger Event is not in effect, the
      greater of (A) 6.30% of 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 (B) 0.50%
      of
      the
      aggregate Cut-off Date Principal Balance of the Mortgage Loans and (iii) on
      or
      after the Stepdown Date if a Trigger Event is in effect, the
      Overcollateralization Target Amount for the immediately preceding Distribution
      Date.
      Notwithstanding the foregoing, on and after any Distribution Date following
      the
      reduction of the aggregate Certificate Principal Balance of the Floating Rate
      Certificates to zero, the Overcollateralization Target Amount shall be
      zero.

     

    “Overcollateralized
      Amount”: For any Distribution Date, the amount equal to (i) 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) minus
      (ii) the aggregate Certificate Principal Balance of the Floating Rate
      Certificates and the Class P Certificates as of such Distribution Date after
      giving effect to distributions to be made on such Distribution
      Date.

     

    “Ownership
      Interest”: As to any Certificate, any ownership or security 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,
      as owner or as pledgee.

     

    “Pass-Through
      Rate”: With respect to the Floating
      Rate Certificates and any Distribution Date, the lesser of (a) the related
      Formula Rate and (b) the Net WAC Rate for such Distribution Date. 

     

    With
      respect to the Class C Interest and any Distribution Date, a per annum rate
      equal to the percentage equivalent of a fraction, the numerator of which is
      (x)
      the sum of (i) 100% of the interest on REMIC 2 Regular Interest LTP and (ii)
      interest on the Uncertificated Balance of each REMIC 2 Regular Interest listed
      in clause (y) at a rate equal to the related Uncertificated REMIC 2 Pass-Through
      Rate minus the Marker Rate and the denominator of which is (y) the aggregate
      Uncertificated Principal Balance of REMIC 2 Regular Interests LTAA, LTIA1,
      LTIIA1, LTIIA2, LTIIA3, LTIIA4, LTM1, LTM2, LTM3, LTM4, LTM5, LTM6, LTM7, LTM8A,
      LTM8B, LTM9, LTM10
      and
      LTZZ.

     

    With
      respect to the Class C Certificates, 100% of the interest distributable to
      the
      Class C Interest, expressed as a per annum rate.

     

    The
      Class
      IO Interest shall not have a Pass-Through Rate, but interest for such Regular
      Interest and each Distribution Date shall be an amount equal to 100% of the
      amounts distributable to REMIC 2 Regular Interest LTIO.

     

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

     

    The
      Class
      P Certificates, Class R Certificates and Class R-X Certificates will not accrue
      interest and therefore will not have a Pass-Through Rate.

     

    “Paying
      Agent”: Any paying agent appointed pursuant to Section 5.05.

     

    “Percentage
      Interest”: With respect to any Certificate (other than a Residual Certificate),
      a fraction, expressed as a percentage, the numerator of which is the Initial
      Certificate Principal Balance represented by such Certificate and the
      denominator of which is the Original Class Certificate Principal Balance of
      the
      related Class. With respect to a Residual Certificate, the portion of the Class
      evidenced thereby, expressed as a percentage, as stated on the face of such
      Certificate; provided, however, that the sum of all such percentages for each
      such Class totals 100%.

     

    “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”: Any one or more of the following obligations or securities
      acquired at a purchase price of not greater than par, regardless of whether
      issued or managed by the Depositor, the Servicer, the Master Servicer, the
      Trustee, the Trust Administrator or any of their respective Affiliates or for
      which an Affiliate of the Trustee or the Trust Administrator serves as an
      advisor: 

     

    (i)  direct
      obligations of, or obligations fully guaranteed as to timely payment of
      principal and interest by, the United States or any agency or instrumentality
      thereof, provided such obligations are backed by the full faith and credit
      of
      the United States;

     

    (ii)  (A)
      demand and time deposits in, certificates of deposit of, bankers’ acceptances
      issued by or federal funds sold by any depository institution or trust company
      (including the Trustee or its agent acting in their respective commercial
      capacities) incorporated under the laws of the United States of America or
      any
      state thereof and subject to supervision and examination by federal and/or
      state
      authorities, so long as, at the time of such investment or contractual
      commitment providing for such investment, such depository institution or trust
      company (or, if the only Rating Agency is S&P, in the case of the principal
      depository institution in a depository institution holding company, debt
      obligations of the depository institution holding company) or its ultimate
      parent has a short-term uninsured debt rating in one of the two highest
      available ratings of Moody’s and the highest available rating category of Fitch
      and S&P and provided that each such investment has an original maturity of
      no more than 365 days; and provided further that, if the only Rating Agency
      is
      S&P and if the depository or trust company is a principal subsidiary of a
      bank holding company and the debt obligations of such subsidiary are not
      separately rated, the applicable rating shall be that of the bank holding
      company; and, provided further that, if the original maturity of such short-
      term obligations of a domestic branch of a foreign depository institution or
      trust company shall exceed 30 days, the short-term rating of such institution
      shall be A-1+ in the case of S&P if S&P is the Rating Agency; and (B)
      any other demand or time deposit or deposit which is fully insured by the
      FDIC;

     

    (iii)  repurchase
      obligations with a term not to exceed 30 days with respect to any security
      described in clause (i) above and entered into with a depository institution
      or
      trust company (acting as principal) rated F-1+ or higher by Fitch, P-1 by
      Moody’s and rated A-1+ or higher by S&P, provided, however, that collateral
      transferred pursuant to such repurchase obligation must be of the type described
      in clause (i) above and must (A) be valued daily at current market prices plus
      accrued interest, (B) pursuant to such valuation, be equal, at all times, to
      105% of the cash transferred by the Trust Administrator in exchange for such
      collateral and (C) be delivered to the Trust Administrator or, if the Trust
      Administrator is supplying the collateral, an agent for the Trust Administrator,
      in such a manner as to accomplish perfection of a security interest in the
      collateral by possession of certificated securities;

     

    (iv)  securities
      bearing interest or sold at a discount that are issued by any corporation
      incorporated under the laws of the United States of America or any State thereof
      and that are rated by S&P (and if rated by any other Rating Agency, also by
      such other Rating Agency) in its highest long-term unsecured rating category
      at
      the time of such investment or contractual commitment providing for such
      investment;

     

    (v)  commercial
      paper (including both non-interest-bearing discount obligations and
      interest-bearing obligations payable on demand or on a specified date not more
      than 30 days after the date of acquisition thereof) that is rated by S&P
      (and if rated by any other Rating Agency, also by such other Rating Agency)
      in
      its highest short-term unsecured debt rating available at the time of such
      investment;

     

    (vi)  units
      of
      money market funds, including those money market funds managed or advised by
      the
      Trust Administrator or its Affiliates, that have been rated “AAA” by Fitch (if
      rated by Fitch), “Aaa” by Moody’s and “AAAm” or “AAAm-G” by S&P;
      and

     

    (vii)  if
      previously confirmed in writing to the Trustee and the Trust Administrator,
      any
      other demand, money market or time deposit, or any other obligation, security
      or
      investment, as may be acceptable to the Rating Agencies in writing as a
      permitted investment of funds backing securities having ratings equivalent
      to
      its highest initial rating of the Senior Certificates;

     

    provided,
      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 transferee of a Residual Certificate other than a Disqualified
      Organization or a non-U.S. Person.

     

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

     

    “Plan”:
      Any employee benefit plan or certain other retirement plans and arrangements,
      including individual retirement accounts and annuities, Keogh plans and bank
      collective investment funds and insurance company general or separate accounts
      in which such plans, accounts or arrangements are invested, that are subject
      to
      ERISA or Section 4975 of the Code.

     

    “Pool
      Balance”: As of any date of determination, the aggregate Stated Principal
      Balance of the Mortgage Loans in both Loan Groups as of such date.

     

    “Prepayment
      Assumption”: As defined in the Prospectus Supplement.

     

    “Prepayment
      Charge”: With respect to any Mortgage Loan, the charges or premiums, if any, due
      in connection with a full or partial Principal Prepayment of such Mortgage
      Loan
      in accordance with the terms thereof (other than any Servicer Prepayment Charge
      Payment Amount).

     

    “Prepayment
      Charge Schedule”: As of any date, the list of Prepayment Charges on the Mortgage
      Loans included in the Trust Fund on such date, attached hereto as Schedule
      I
      (including the prepayment charge summary attached thereto). The Prepayment
      Charge Schedule shall set forth the following information with respect to each
      Prepayment Charge:

     

    (i)  the
      Mortgage Loan identifying number;

     

    (ii)  a
      code
      indicating the type of Prepayment Charge;

     

    (iii)  the
      state
      of origination of the related Mortgage Loan;

     

    (iv)  the
      date
      on which the first monthly payment was due on the related Mortgage
      Loan;

     

    (v)  the
      term
      of the related Prepayment Charge; and

     

    (vi)  the
      Stated Principal Balance of the related Mortgage Loan as of the Cut-off
      Date.

     

    The
      Prepayment Charge Schedule shall be amended from time to time by the Depositor
      in accordance with the provisions of this Agreement and a copy of such amended
      Prepayment Charge Schedule shall be furnished by the Servicer to the NIMS
      Insurer. 

     

    “Prepayment
      Interest Excess”: With respect to any Distribution Date, for each Mortgage Loan
      serviced by Ocwen that was the subject of a Principal Prepayment in full during
      the portion of the related Prepayment Period occurring between the first day
      and
      the 15th
      day of
      the calendar month in which such Distribution Date occurs, an amount equal
      to
      interest (to the extent received) at the applicable Net Mortgage Rate on the
      amount of such Principal Prepayment in full for the number of days commencing
      on
      the first day of the calendar month in which such Distribution Date occurs
      and
      ending on the date on which such prepayment is so applied.

     

    “Prepayment
      Interest Shortfall”: With respect to any Distribution Date, for each Mortgage
      Loan that was the subject of a Principal Prepayment during the portion of the
      related Prepayment Period occurring from the first day of the related Prepayment
      Period through the last day of the calendar month preceding the month in which
      such Distribution Date occurs, an amount equal to one-month’s interest at the
      applicable Net Mortgage Rate less any payments made by the Mortgagor on the
      amount of such Principal Prepayment for the number of days commencing on the
      date such Principal Prepayment is received and ending on the last day of the
      calendar month preceding the month in which such Distribution Date
      occurs.

     

    “Prepayment
      Period”: With respect to any Distribution Date and each Mortgage Loan serviced
      by Ocwen, for prepayments in full, the period commencing on the 16th
      day of
      the calendar month preceding the calendar month in which such Distribution
      Date
      occurs (or, in the case of the first Distribution Date, from February 1, 2007)
      and ending on the 15th
      day of
      the calendar month in which the related Distribution Date occurs. The
      Prepayment Period with respect to prepayments in part is the preceding calendar
      month.

     

    “Principal
      Balance”: As to any Mortgage Loan other than a Liquidated Mortgage Loan, and any
      day, the related Cut-off Date Principal Balance, minus all collections credited
      against the Cut-off Date Principal Balance of any such Mortgage Loan. For
      purposes of this definition, a Liquidated Mortgage Loan shall be deemed to
      have
      a Principal Balance equal to the Principal Balance of the related Mortgage
      Loan
      as of the final recovery of related Liquidation Proceeds and a Principal Balance
      of zero thereafter. As to any REO Property and any day, the Principal Balance
      of
      the related Mortgage Loan immediately prior to such Mortgage Loan becoming
      REO
      Property minus any REO Principal Amortization received with respect thereto
      on
      or prior to such day.

     

    “Principal
      Prepayment”: Any payment of principal made by the Mortgagor on a Mortgage Loan
      which is received in advance of its scheduled Due Date and which is not
      accompanied by an amount of interest representing the full amount of scheduled
      interest due on any Due Date in any month or months subsequent to the month
      of
      prepayment.

     

    “Principal
      Remittance Amount”: With respect to any Distribution Date, the sum of the Group
      I Principal Remittance Amount and the Group II Principal Remittance
      Amount.

     

    “Prospectus
      Supplement”: That certain Prospectus Supplement dated February 23, 2007 relating
      to the public offering of the Offered Certificates.

     

    “Purchase
      Price”: With respect to any Mortgage Loan or REO Property to be purchased by the
      Seller or Ocwen pursuant to or as contemplated by Section 2.03, Section 3.16(c)
      or Section 10.01, and as confirmed by an Officers’ Certificate from the party
      purchasing the Mortgage Loan to the Trustee, an amount equal to the sum of
      (i)
      100% of the Stated Principal Balance thereof as of the date of purchase (or
      such
      other price as provided in Section 10.01), (ii) in the case of (x) a Mortgage
      Loan, accrued interest on such Stated Principal Balance at the applicable
      Mortgage Rate in effect from time to time from the Due Date as to which interest
      was last covered by a payment by the Mortgagor or an Advance by the related
      Servicer, which payment or Advance had as of the date of purchase been
      distributed pursuant to Section 4.01, through the end of the calendar month
      in
      which the purchase is to be effected, and (y) an REO Property, the sum of (1)
      accrued interest on such Stated Principal Balance at the applicable Mortgage
      Rate in effect from time to time from the Due Date as to which interest was
      last
      covered by a payment by the Mortgagor or an advance by the related Servicer
      through the end of the calendar month immediately preceding the calendar month
      in which such REO Property was acquired, plus (2) 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
      purchase is to be effected, net of the total of all net rental income, Insurance
      Proceeds, Liquidation Proceeds and Advances that as of the date of purchase
      had
      been distributed as or to cover REO Imputed Interest pursuant to Section 4.04,
      (iii) any unreimbursed Servicing Advances and Advances and any unpaid Servicing
      Fees allocable to such Mortgage Loan or REO Property, (iv) any amounts
      previously withdrawn from the Collection Account or the related Custodial
      Account in respect of such Mortgage Loan or REO Property pursuant to Section
      3.23 and (v) in the case of a Mortgage Loan required to be purchased pursuant
      to
      Section 2.03, expenses reasonably incurred or to be incurred by a Servicer,
      the
      Master Servicer, the Trust Administrator or the Trustee in respect of the breach
      or defect giving rise to the purchase obligation, including any costs and
      damages incurred by the Trust Fund in connection with any violation with respect
      to such loan of any predatory or abusive lending law. With respect to an
      Originator and any Mortgage Loan or REO Property to be purchased pursuant to
      or
      as contemplated by Section 2.03 or 10.01, and as confirmed by a certificate
      of
      an Officers’ Certificate of the Originator to the Trustee, an amount equal to
      the amount set forth pursuant to the terms of the related Master
      Agreement.

     

    “Qualified
      Insurer”: Any insurance company acceptable to Fannie Mae.

     

    “Qualified
      Substitute Mortgage Loan”: With respect to the Seller, a mortgage loan
      substituted for a Deleted Mortgage Loan pursuant to the terms of this Agreement
      which must, on the date of such substitution, (i) have an outstanding Stated
      Principal Balance (or in the case of a substitution of more than one mortgage
      loan for a Deleted Mortgage Loan, an aggregate Stated Principal Balance), after
      application of all scheduled payments of principal and interest due during
      or
      prior to the month of substitution, not in excess of, and not more than 5%
      less
      than, the outstanding Stated Principal Balance of the Deleted Mortgage Loan
      as
      of the Due Date in the calendar month during which the substitution occurs,
      (ii)
      have a Mortgage Rate not less than (and not more than one percentage point
      in
      excess of) the Mortgage Rate of the Deleted Mortgage Loan, (iii) if the
      Qualified Substitute 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, (iv) if the Qualified Substitute 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, (v) if the Qualified
      Substitute 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,
      (vi) if the Qualified Substitute 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, (vii) have a remaining term to
      maturity not greater than (and not more than one year less than) that of the
      Deleted Mortgage Loan, (viii) be current as of the date of substitution, (ix)
      have a Loan-to-Value Ratio as of the date of substitution equal to or lower
      than
      the Loan-to-Value Ratio of the Deleted Mortgage Loan as of such date, (x) have
      a
      risk grading determined by the Originator at least equal to the risk grading
      assigned on the Deleted Mortgage Loan, (xi) have been underwritten or
      reunderwritten by the Originator in accordance with the same underwriting
      criteria and guidelines as the Deleted Mortgage Loan, (xii) be a first lien
      mortgage loan if the Deleted Mortgage Loan is a first lien mortgage loan and
      (xiii) conform to each representation and warranty set forth in Section 3.01
      of
      the Mortgage Loan Purchase Agreement or assigned to the Depositor pursuant
      to
      the Assignment Agreement applicable to the Deleted Mortgage Loan. In the event
      that one or more mortgage loans are substituted for one or more Deleted Mortgage
      Loans, the amounts described in clause (i) hereof shall be determined on the
      basis of aggregate Stated Principal Balance, the Mortgage Rates described in
      clause (ii) hereof shall be satisfied for each such mortgage loan, the risk
      gradings described in clause (x) hereof shall be satisfied as to each such
      mortgage loan, the terms described in clause (vii) hereof shall be determined
      on
      the basis of weighted average remaining term to maturity (provided that no
      such
      mortgage loan may have a remaining term to maturity longer than the Deleted
      Mortgage Loan), the Loan-to-Value Ratios described in clause (ix) hereof shall
      be satisfied as to each such mortgage loan and, except to the extent otherwise
      provided in this sentence, the representations and warranties described in
      clause (xii) hereof must be satisfied as to each Qualified Substitute Mortgage
      Loan or in the aggregate, as the case may be. With respect to an Originator,
      a
      mortgage loan substituted for a Deleted Mortgage Loan pursuant to the terms
      of
      the related Master Agreement which must, on the date of such substitution
      conform to the terms set forth in the related Master Agreement.

     

    “Rating
      Agency or Rating Agencies”: Moody’s, S&P and Fitch, 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 and the Master Servicer.

     

    “Realized
      Loss”: With respect to any Liquidated Mortgage Loan, the amount of loss realized
      equal to the portion of the Stated Principal Balance remaining unpaid after
      application of all Net Liquidation Proceeds in respect of such Mortgage Loan.
      If
      the related 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 applied to principal distributions
      on
      any Distribution Date.

     

    “Reconstitution
      Agreement”: Any of the reconstitution agreements among the Seller, the Depositor
      and the related Servicer (other than Ocwen) and acknowledged by the Master
      Servicer and the Trustee, reconstituting the related Servicing
      Agreement.

     

    “Record
      Date”: With respect to (i) the Floating Rate Certificates, the Close of Business
      on the Business Day immediately preceding the related Distribution Date;
      provided, however, that following the date on which Definitive Certificates
      for
      any of the Floating Rate Certificates are available pursuant to Section 5.02,
      the Record Date for such Certificates that are Definitive Certificates shall
      be
      the last Business Day of the calendar month preceding the month in which the
      related Distribution Date occurs and (ii) the Class P Certificates, the Class
      C
      Certificates and the Residual Certificates, the Close of Business on the last
      Business Day of the calendar month preceding the month in which the related
      Distribution Date occurs.

     

    “Reference
      Banks”: Those banks (i) with an established place of business in London,
      England, (ii) not controlling, under the control of or under common control
      with
      the Originator, the Master Servicer, the Servicer or any Affiliate thereof
      and
      (iii) which have been designated as such by the Trust Administrator, after
      consultation with the Depositor; provided, however, that if fewer than two
      of
      such banks provide a LIBOR rate, then any leading banks selected by the Trust
      Administrator after consultation with the Depositor which are engaged in
      transactions in United States dollar deposits in the international Eurocurrency
      market.

     

    “Refinanced
      Mortgage Loan”: A Mortgage Loan the proceeds of which were not used to purchase
      the related Mortgaged Property.

     

    “Regular
      Certificate”: Any of the Floating Rate Certificates, Class C Certificates or
      Class P Certificates.

     

    “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. 

     

    “Relevant
      Servicing Criteria”: The Servicing Criteria applicable to the various parties,
      as set forth on Exhibit O attached hereto. For clarification purposes, multiple
      parties can have responsibility for the same Relevant Servicing
      Criteria.

     

    “Relief
      Act”: The Servicemembers Civil Relief Act, or any state law providing for
      similar relief.

     

    “Relief
      Act Interest Shortfall”: With respect to any Distribution Date, for any Mortgage
      Loan with respect to which there has been a reduction in the amount of interest
      collectible thereon for the most recently ended Due Period as a result of the
      application of the Relief Act, the amount by which (i) interest collectible
      on
      such Mortgage Loan during such Due Period is less than (ii) one month’s interest
      on the Stated Principal Balance of such Mortgage Loan at the Mortgage Rate
      for
      such Mortgage Loan before giving effect to the application of the Relief
      Act.

     

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

     

    “REMIC
      1”: 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) such Mortgage Loans as from time
      to
      time are subject to this Agreement, together with the Mortgage Files relating
      thereto, and together with all collections thereon and proceeds thereof, (ii)
      any REO Property, together with all collections thereon and proceeds thereof,
      (iii) the Trustee’s rights with respect to the Mortgage Loans under all
      insurance policies, required to be maintained pursuant to this Agreement and
      any
      proceeds thereof, (iv) the Depositor’s rights under the Mortgage Loan Purchase
      Agreement and the Assignment Agreements (including any security interest created
      thereby) and (v) the Collection Account, the Custodial Accounts, the
      Distribution Account (subject to the last sentence of this definition) and
      any
      REO Account and such assets that are deposited therein from time to time and
      any
      investments thereof, together with any and all income, proceeds and payments
      with respect thereto. Notwithstanding the foregoing, however, a REMIC election
      will not be made with respect to the Net WAC Rate Carryover Reserve Account,
      the
      Basis Risk Cap Agreement, the Interest Rate Cap Agreement, the Cap Account,
      the
      Cap Allocation Agreement, any Servicer Prepayment Charge Payment Amounts, the
      Swap Account, the Supplemental Interest Trust or the Interest Rate Swap
      Agreement.

     

    “REMIC
      1
      Regular Interests”: Any of the separate non-certificated beneficial ownership
      interests in REMIC 1 issued hereunder and designated as a “regular interest” in
      REMIC 1. Each REMIC 1 Regular Interest shall accrue interest at the related
      Uncertificated REMIC 1 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
      2”: The segregated pool of assets consisting of all of the REMIC 1 Regular
      Interests and conveyed in trust to the Trustee, for the benefit of REMIC 3,
      as
      holder of the REMIC 2 Regular Interests, and the Class R Certificateholders,
      as
      Holders of the Class R-2 Interest, pursuant to Article II hereunder, and all
      amounts deposited therein, with respect to which a separate REMIC election
      is to
      be made.

     

    “REMIC
      2
      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 related REO Properties then outstanding and (ii) the
      Uncertificated REMIC 2 Pass-Through Rate for REMIC 2 Regular Interest LTAA
      minus
      the Marker Rate, divided by (b) 12.

     

    “REMIC
      2
      Overcollateralization Target Amount”: 1.00% of the Overcollateralization Target
      Amount.

     

    “REMIC
      2
      Overcollateralization Amount”: With respect to any date of determination, (i)
      1.00% of the aggregate Uncertificated Principal Balance of the REMIC 2 Regular
      Interests (other than REMIC 2 Regular Interest LTP) minus (ii) the aggregate
      Uncertificated Principal Balance of REMIC 2 Regular Interest LTIA1, REMIC 2
      Regular Interest LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC 2 Regular
      Interest LTAII3, REMIC 2 Regular Interest LTAII4, REMIC 2 Regular Interest
      LTM1,
      REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular
      Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6,
      REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8A, REMIC 2 Regular
      Interest LTM8B, REMIC 2 Regular Interest LTM9 and REMIC 2 Regular Interest
      LTM10, in each case as of such date of determination.

     

    “REMIC
      2
      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
      Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus
      a
      fraction, the numerator of which is two times the aggregate Uncertificated
      Principal Balance of REMIC 2 Regular Interest LTIA1, REMIC 2 Regular Interest
      LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC 2 Regular Interest LTAII3, REMIC
      2 Regular Interest LTAII4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular
      Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular Interest LTM4,
      REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular
      Interest LTM7, REMIC 2 Regular Interest LTM8A, REMIC 2 Regular Interest LTM8B,
      REMIC 2 Regular Interest LTM9 and REMIC 2 Regular Interest LTM10 and the
      denominator of which is the aggregate Uncertificated Principal Balance of REMIC
      2 Regular Interest LTIA1, REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular
      Interest LTIIA2, REMIC 2 Regular Interest LTAII3, REMIC 2 Regular Interest
      LTAII4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC
      2
      Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest
      LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2
      Regular Interest LTM8A, REMIC 2 Regular Interest LTM8B, REMIC 2 Regular Interest
      LTM9, REMIC 2 Regular Interest LTM10 and REMIC 2 Regular Interest
      LTZZ.

     

    “REMIC
      2
      Regular Interests”: One of the separate non-certificated beneficial ownership
      interests in REMIC 2 issued hereunder and designated as a Regular Interest
      in
      REMIC 2. Each REMIC 2 Regular Interest shall accrue interest at the related
      Uncertificated REMIC 2 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 following is
      a
      list of each of the REMIC 2 Regular Interests: REMIC 2 Regular Interest LTAA,
      REMIC 2 Regular Interest LTIA1, REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular
      Interest LTIIA2, REMIC 2 Regular Interest LTAII3, REMIC 2 Regular Interest
      LTAII4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC
      2
      Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest
      LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2
      Regular Interest LTM8A, REMIC 2 Regular Interest LTM8B, REMIC 2 Regular Interest
      LTM9, REMIC 2 Regular Interest LTM10, REMIC 2 Regular Interest LTZZ, REMIC
      2
      Regular Interest LTP and REMIC 2 Regular Interest LTIO.

     

    “REMIC
      3”: The segregated pool of assets consisting of all of the REMIC 2 Regular
      Interests conveyed in trust to the Trustee, for the benefit of the Holders
      of
      the Regular Certificates (other than the Class C Certificates or the Class
      P
      Certificates), the Class C Interest, the Class P Interest, the Class IO Interest
      and the Class R Certificates (in respect of the Class R-3 Interest), pursuant
      to
      Article II hereunder, and all amounts deposited therein, with respect to which
      a
      separate REMIC election is to be made.

     

    “REMIC
      4”: The segregated pool of assets consisting of the Class C Interest conveyed
      in
      trust to the Trustee, for the benefit of the Holders of the Class C Certificates
      and the Class R-X Certificates (in respect of the Class R-4 Interest), pursuant
      to Article II hereunder, and all amounts deposited therein, with respect to
      which a separate REMIC election is to be made.

     

    “REMIC
      5”: The segregated pool of assets consisting of the Class P Interest conveyed
      in
      trust to the Trustee, for the benefit of the Holders of the Class P Certificates
      and the Class R-X Certificates (in respect of the Class R-5 Interest), pursuant
      to Article II hereunder, and all amounts deposited therein, with respect to
      which a separate REMIC election is to be made.

     

    “REMIC
      6”: The segregated pool of assets consisting of the Class IO Interest conveyed
      in trust to the Trustee, for the benefit of the Holders of the REMIC 6 Regular
      Interest SWAP IO and the Class R-X Certificates (in respect of the Class R-6
      Interest), pursuant to Article II hereunder, and all amounts deposited therein,
      with respect to which a separate REMIC election is to be made.

     

    “REMIC
      Provisions”: Provisions of the federal income tax law relating to real estate
      mortgage investment conduits which appear at Section 860A through 860G of
      Subchapter M of Chapter 1 of the Code, and related provisions, and regulations
      and rulings promulgated thereunder, as the foregoing may be in effect from
      time
      to time.

     

    “REMIC
      Regular Interests”: The REMIC 1 Regular Interests, the REMIC 2 Regular
      Interests, the Class C Interest, the Class P Interest and the Class IO
      Interest.

     

    “Remittance
      Report”: A report prepared by the Servicer and delivered to the Master Servicer
      pursuant to Section 4.04 (in the case of Ocwen) or pursuant to the related
      Servicing Agreement (in the case of each Servicer other than
      Ocwen).

     

    “Rents
      from Real Property”: With respect to any REO Property, gross income of the
      character described in Section 856(d) of the Code.

     

    “REO
      Account”: The account or accounts maintained by the Servicer in respect of an
      REO Property pursuant to Section 3.23 (in the case of Ocwen) or pursuant to
      the
      related Servicing Agreement (in the case of each Servicer other than
      Ocwen).

     

    “REO
      Disposition”: The sale or other disposition of an REO Property on behalf of the
      Trust Fund.

     

    “REO
      Imputed Interest”: As to any REO Property, for any calendar month during which
      such REO Property was at any time part of the Trust Fund, 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
      Principal Amortization”: With respect to any REO Property, for any calendar
      month, the excess, if any, of (a) the aggregate of all amounts received in
      respect of such REO Property during such calendar month, whether in the form
      of
      rental income, sale proceeds (including, without limitation, that portion of
      the
      Termination Price paid in connection with a purchase of all of the Mortgage
      Loans and REO Properties pursuant to Section 10.01 that is allocable to such
      REO
      Property) or otherwise, net of any portion of such amounts (i) payable pursuant
      to Section 3.23 in respect of the proper operation, management and maintenance
      of such REO Property or (ii) payable or reimbursable to the Servicer pursuant
      to
      Section 3.23 (in the case of Ocwen) or the related Servicing Agreement (in
      the
      case of each Servicer other than Ocwen) for unpaid Servicing Fees in respect
      of
      the related Mortgage Loan and unreimbursed Servicing Advances and Advances
      in
      respect of such REO Property or the related Mortgage Loan, over (b) the REO
      Imputed Interest in respect of such REO Property for such calendar
      month.

     

    “REO
      Property”: A Mortgaged Property acquired by the related Servicer on behalf of
      the Trust Fund through foreclosure or deed-in-lieu of foreclosure, as described
      in Section 3.23 or the related Servicing Agreement.

     

    “Reportable
      Event”: The meaning set forth in Section 4.05(b)(ii).

     

    “Reporting
      Servicer”: The meaning set forth in Section 4.05(a)(iv)(A).

     

    “Request
      for Release”: A release signed by a Servicing Officer, in the form of Exhibit E
      attached hereto.

     

    “Reserve
      Interest Rate”: With respect to any Interest Determination Date, the rate per
      annum that the Trust Administrator determines to be either (i) the arithmetic
      mean (rounded upwards if necessary to the nearest whole multiple of 1/16 of
      1%)
      of the one-month United States dollar lending rates which banks in The City
      of
      New York selected by the Trust Administrator are quoting on the relevant
      Interest Determination Date to the principal London offices of leading banks
      in
      the London interbank market or (ii) in the event that the Trust Administrator
      can determine no such arithmetic mean, in the case of any Interest Determination
      Date after the initial Interest Determination Date, the lowest one-month United
      States dollar lending rate which such New York banks selected by the Trust
      Administrator are quoting on such Interest Determination Date to leading
      European banks.

     

    “Residential
      Dwelling”: Any one of the following: (i) a detached one-family dwelling, (ii) a
      detached two- to four-family dwelling, (iii) a one-family dwelling unit in
      a
      Fannie Mae eligible condominium project, (iv) a manufactured home, or (v) a
      detached one-family dwelling in a planned unit development, none of which is
      a
      co-operative or mobile home.

     

    “Residual
      Certificate”: The Class R Certificates and the Class R-X
      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”: When used with respect to the Trustee or the Trust Administrator, any
      director, any vice president, any assistant vice president, the Secretary,
      any
      assistant secretary, the Treasurer, any assistant treasurer or any other officer
      of the Trustee or the Trust Administrator, as applicable, customarily performing
      functions similar to those performed by any of the above designated officers
      and, with respect to a particular matter, to whom such matter is referred
      because of such officer’s knowledge of and familiarity with the particular
      subject.

     

    “S&P”:
      Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies,
      Inc., or its successor in interest.

     

    “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”: A written certification signed by an officer of the Master
      Servicer that complies with (i) the Sarbanes-Oxley Act, 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 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, 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 that then form of the required
      certification as of the Closing Date, the Sarbanes-Oxley Certification shall
      be
      as agreed to by the Master Servicer and the Depositor following a negotiation
      in
      good faith to determine how to comply with any such new
      requirements. 

     

    “Securities
      Act”: The Securities Act of 1933, as amended, and the rules and regulations
      thereunder.

     

    “Seller”:
      Greenwich Capital Financial Products, Inc., a Delaware corporation, in its
      capacity as Seller under the Assignment Agreement.

     

    “Senior
      Certificate”: Any one of the Class I-A-1 Certificates, the Class II-A-1
      Certificates, the Class II-A-2 Certificates, the Class II-A-3 Certificates
      or
      the Class II-A-4 Certificates.

     

    “Senior
      Principal Distribution Amount”: With respect to any Distribution Date, the sum
      of the Group I Senior
      Principal Distribution Amount and
      the
      Group II Senior Principal Distribution Amount.

     

    “Servicer”:
      Any of Ocwen Loan Servicing, LLC, Central Mortgage Company, GMAC Mortgage
      Corporation, Wells Fargo Bank, N.A. or Countrywide Home Loans Servicing LP,
      or
      any successor Servicer appointed as herein provided or as provided in the
      related Servicing Agreement, in its capacity as a Servicer hereunder.

     

    “Servicer
      Certification”: As defined in Section 4.05(b)(iii).

     

    “Servicer
      Event of Termination”: One or more of the events described in Section
      7.01.

     

    “Servicer
      Prepayment Charge Payment Amount”: The amounts payable by Ocwen in respect of
      any waived Prepayment Charges pursuant to Section 2.05 or Section
      3.01.

     

    “Servicer
      Remittance Date”: With
      respect to any Distribution Date and Ocwen, the Business Day immediately
      preceding such Distribution Date.
      With
      respect to any Distribution Date and any other Servicer, the date set forth
      in
      the related Servicing Agreement. 

     

    “Servicing
      Account”: The account or accounts created and maintained pursuant to Section
      3.09.

     

    “Servicing
      Advances”: With respect to Ocwen, all customary, reasonable and necessary “out
      of pocket” costs and expenses (including reasonable attorneys’ fees and
      expenses) incurred by Ocwen in the performance of its servicing obligations,
      including, but not limited to, the cost of (i) the preservation, restoration,
      inspection and protection of the Mortgaged Property, (ii) any enforcement or
      judicial proceedings, including foreclosures, (iii) obtaining any legal
      documentation required to be included in the Mortgage File and/or correcting
      any
      outstanding title issues (i.e. any lien or encumbrance on the Mortgaged Property
      that prevents the effective enforcement of the intended lien position)
      reasonably necessary for Ocwen to perform its obligations under this Agreement,
      (iv) the management and liquidation of the REO Property, (v) compliance with
      the
      obligations under Sections 3.01, 3.09, 3.13, 3.14, 3.16, and 3.23 and (vi)
      refunding to any Mortgagor such prepaid origination fees and/or finance charges
      that are subject to reimbursement upon a Principal Prepayment of the related
      Mortgage Loan to the extent such reimbursement is required by applicable law.
      Servicing Advances also include any reasonable “out-of-pocket” costs and
      expenses (including legal fees) incurred by Ocwen in connection with executing
      and recording instruments of satisfaction, deeds of reconveyance or Assignments
      of Mortgage in connection with any foreclosure in respect of any Mortgage Loan
      to the extent not recovered from the related Mortgagor or otherwise payable
      under this Agreement. Ocwen shall not be required to make any Servicing Advance
      that would be a Nonrecoverable Advance.

     

    With
      respect to each Servicer other than Ocwen, “Servicing Advances” shall have the
      meaning set forth in the related Servicing Agreement.

     

    “Servicing
      Agreement”: Each of the Servicing Agreements, between the Seller, as purchaser,
      and the related Servicer (other than Ocwen), as servicer, as reconstituted
      by
      the related Reconstitution Agreement, as the same may be amended from time
      to
      time.

     

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

     

    “Servicing
      Fee”: With respect to each Mortgage Loan, the amount of the annual fee paid to
      the Servicer, which shall, for a period of one full month, be equal to
      one-twelfth of the product of (a) the Servicing Fee Rate (without regard to
      the
      words “:per annum”) and (b) the outstanding principal balance of such Mortgage
      Loan. Such fee shall be payable monthly, computed on the basis of the same
      principal amount and period respecting which any related interest payment on
      a
      Mortgage Loan is received. The obligation for payment of the Servicing Fee
      is
      limited to, and the Servicing Fee is payable solely from, the interest portion
      (including recoveries with respect to interest from Liquidation Proceeds) of
      such Monthly Payment collected by the Servicer, or as otherwise provided under
      Section 3.11.

     

    “Servicing
      Fee Rate”: With respect to Ocwen, 0.500% per annum. With respect to each
      Servicer other than Ocwen, the rate set forth in the related Servicing
      Agreement.

     

    “Servicing
      Officer”: Any officer of a Servicer involved in, or responsible for, the
      administration and servicing of Mortgage Loans, whose name and specimen
      signature appear on a list of servicing officers furnished by such Servicer
      to
      the Master Servicer, the Trust Administrator, the Trustee and the Depositor
      on
      the Closing Date, as such list may from time to time be amended. With respect
      to
      the Master Servicer, any officer of the Master Servicer involved in or
      responsible for, the administration and master servicing of the Mortgage Loans
      whose name appears on a list of master Servicing Officers furnished by the
      Master Servicer to the Trustee, the Trust Administrator and the Depositor upon
      request, as such list may from time to time be amended. 

     

    “Servicing
      Standard”: Shall mean the standards set forth in Section 3.01.

     

    “Servicing
      Transfer Costs”: Shall mean all reasonable out-of-pocket costs and expenses
      incurred by the Trustee or the Master Servicer in connection with the transfer
      of servicing from a predecessor servicer, including, without limitation, any
      reasonable costs or 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 or the Master Servicer to correct any
      errors or insufficiencies in the servicing data or otherwise to enable the
      Trustee or the Master Servicer (or any successor servicer appointed pursuant
      to
      Section 7.02) to service the Mortgage Loans properly and effectively and any
      fees associated with MERS. 

     

    “Startup
      Day”: As defined in Section 9.01(b) hereof.

     

    “Stated
      Principal Balance”: With respect to any Mortgage Loan: (a) as of any date of
      determination up to but not including the Distribution Date on which the
      proceeds, if any, of a Liquidation Event with respect to such Mortgage Loan
      would be distributed, the outstanding principal balance of such Mortgage Loan
      as
      of the Cut-off Date as shown in the Mortgage Loan Schedule, minus the sum of
      (i)
      the principal portion of each Monthly Payment due on a Due Date subsequent
      to
      the Cut-off Date to the extent received from the Mortgagor or advanced by the
      related Servicer and distributed pursuant to Section 4.01 on or before such
      date
      of determination, (ii) all Principal Prepayments received after the Cut-off
      Date
      to the extent distributed pursuant to Section 4.01 on or before such date of
      determination, (iii) all Liquidation Proceeds and Insurance Proceeds to the
      extent distributed pursuant to Section 4.01 on or before such date of
      determination, and (iv) any Realized Loss incurred with respect thereto as
      a
      result of a Deficient Valuation made during or prior to the Due Period for
      the
      most recent Distribution Date coinciding with or preceding such date of
      determination; and (b) as of any date of determination coinciding with or
      subsequent to the Distribution Date on which the proceeds, if any, of a
      Liquidation Event with respect to such Mortgage Loan would be distributed,
      zero.
      With respect to any REO Property: (a) as of any date of determination up to
      but
      not including the Distribution Date on which the proceeds, if any, of a
      Liquidation Event with respect to such REO Property would be distributed, an
      amount (not less than zero) equal to the Stated Principal Balance of the related
      Mortgage Loan as of the date on which such REO Property was acquired on behalf
      of the Trust Fund, minus the aggregate amount of REO Principal Amortization
      in
      respect of such REO Property for all previously ended calendar months, to the
      extent distributed pursuant to Section 4.01 on or before such date of
      determination; and (b) as of any date of determination coinciding with or
      subsequent to the Distribution Date on which the proceeds, if any, of a
      Liquidation Event with respect to such REO Property would be distributed,
      zero.

     

    “Stepdown
      Date”: The earlier to occur of (i) the Distribution Date following the
      Distribution Date on which the aggregate Certificate Principal Balance of the
      Senior Certificates has been reduced to zero and (ii) the later to occur of
      (x)
      the Distribution Date occurring in March 2010 and (y) the first Distribution
      Date on which the Credit Enhancement Percentage (calculated for this purpose
      only after taking into account payments of principal on the Mortgage Loans
      but
      prior to distribution of the Group I Principal Distribution Amount and the
      Group
      II Principal Distribution Amount to the Certificates then entitled to
      distributions of principal on such Distribution Date) is equal to or greater
      than 39.30%.

     

    “Subcontractor”:
      Any vendor, subcontractor or other Person that 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 any Servicer (or a Sub-Servicer of any Servicer),
      the Master Servicer, the Trustee, any Custodian or the Trust
      Administrator.

     

    “Sub-Servicer”:
      Any Person with which a Servicer has entered into a Sub- Servicing Agreement
      and
      which meets the qualifications of a Sub-Servicer pursuant to Section 3.02
(in
      the
      case of Ocwen) or pursunt to the related Servicing Agreement (in the case of
      each Servicer other than Ocwen).

     

    “Sub-Servicing
      Account”: An account established by a Sub-Servicer which meets the requirements
      set forth in Section 3.08 (in the case of Ocwen) or the requirements of the
      related Servicing Agreement (in the case of each Servicer other than Ocwen)
      and
      is otherwise acceptable to the related Servicer.

     

    “Sub-Servicing
      Agreement”: The written contract between a Servicer and a Sub-Servicer relating
      to servicing and administration of certain Mortgage Loans as provided in Section
      3.02 (in the case of Ocwen) or pursunt to the related Servicing Agreement (in
      the case of each Servicer other than Ocwen).

     

    “Subsequent
      Recoveries”: As of any Distribution Date, amounts received by the related
      Servicer (net of any related expenses permitted to be reimbursed) pursuant
      to
      Section 3.11 (in the case of Ocwen) or pursunt to the related Servicing
      Agreement (in the case of each Servicer other than Ocwen) specifically related
      to a Mortgage Loan that was the subject of a liquidation or an REO Disposition
      prior to the related Prepayment Period that resulted in a Realized
      Loss.

     

    “Substitution
      Adjustment”: As defined in Section 2.03(d) hereof.

     

    “Supplemental
      Interest Trust”: As defined in Section 4.10(a).

     

    “Supplemental
      Interest Trust Trustee”: Wells Fargo Bank, N.A., a national banking association,
      not in its individual capacity but solely in its capacity as supplemental
      interest Trust Trustee, and any successor thereto.

     

    “Swap
      Account”: The account or accounts created and maintained pursuant to Section
      4.10. The Swap Account must be an Eligible Account.

     

    “Swap
      Collateral Account”: The account or accounts created and maintained pursuant to
      Section 4.14. 

     

    “Swap
      Credit Support Annex”: The credit support annex, dated the Closing Date, between
      the Supplemental Interest Trust Trustee on behalf of the Supplement Interest
      Trust and the Interest Rate Swap Provider, which is annexed to and forms part
      of
      the Interest Rate Swap Agreement.

     

    “Swap
      Expense Fee Rate”: For any Distribution Date, is an amount expressed as a per
      annum rate, equal to the sum of (a) the product of (i) the Net Swap Payment
      made
      to the Swap Provider divided by the aggregate Principal Balance of the Mortgage
      Loans as of the first day of the related Due Period or, in the case of the
      first
      Distribution Date, the Cut-off Date, adjusted, except in the case of the first
      Distribution Date, to reflect unscheduled principal payments made thereafter
      during the Prepayment Period that includes such first day of the related Due
      Period and (ii) 12 and (b) the product of (i) any Swap Termination Payment
      (other than a Swap Termination Payment resulting from a Swap Provider Trigger
      Event) made to the Swap Provider divided by the aggregate Principal Balance
      of
      the Mortgage Loans as of the first day of the related Due Period or, in the
      case
      of the first Distribution Date, the Cut-off Date, adjusted, except in the case
      of the first Distribution Date, to reflect unscheduled principal payments made
      thereafter during the Prepayment Period that includes such first day of the
      related Due Period and (ii) 12.

     

    “Swap
      Interest Shortfall Amount”: Any shortfall of interest with respect to any Class
      of Certificates resulting from the application of the Net WAC Rate due to a
      discrepancy between the Uncertificated Notional Amount of the REMIC 6 Regular
      Interest SWAP IO and the scheduled notional amount.

     

    “Swap
      LIBOR”:
      A per annum rate equal to the floating rate payable by the Swap Provider under
      the Swap Agreement. 

     

    “Swap
      Provider”: The swap provider under the Interest Rate Swap Agreement. Initially,
      the swap provider shall be Bear Stearns Financial Products Inc.

     

    “Swap
      Provider Trigger Event”: A Swap Termination Payment that is triggered upon: (i)
      an Event of Default under the Interest Rate Swap Agreement with respect to
      which
      the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap
      Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement
      with
      respect to which the Swap Provider is the sole Affected Party (as defined in
      the
      Interest Rate Swap Agreement) or (iii) an Additional Termination Event under
      the
      Interest Rate Swap Agreement with respect to which the Swap Provider is the
      sole
      Affected Party.

     

    “Swap
      Termination Payment”: The payment due to either party under the Interest Rate
      Swap Agreement upon the early termination of the Interest Rate Swap
      Agreement.

     

    “Tax
      Matters Person”: The tax matters person appointed pursuant to Section 9.01(e)
      hereof.

     

    “Tax
      Returns”: The federal income tax return on Internal Revenue Service Form 1066,
      U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including
      Schedule Q thereto, Quarterly Notice to Residual Interest Holders of the REMIC
      Taxable Income or Net Loss Allocation, or any successor forms, to be filed
      by
      the Trust Administrator on behalf of each REMIC, together with any and all
      other
      information reports or returns that may be required to be furnished to the
      Certificateholders or filed with the Internal Revenue Service or any other
      governmental taxing authority under any applicable provisions of federal, state
      or local tax laws.

     

    “Termination
      Price”: As defined in Section 10.01(a) hereof.

     

    “Terminator”:
      As defined in Section 10.01(a) hereof.

     

    “Trigger
      Event”: A Trigger Event is in effect with respect to any Distribution Date on or
      after the Stepdown Date if:

     

    (i) the
      Delinquency Percentage exceeds the applicable percentages 40.71%
      of
      the Credit Enhancement Percentage
      for the
      prior Distribution Date:

     

    or

     

    (ii) the
      aggregate amount of Realized Losses incurred since the Cut-off Date through
      the
      last day of the related Due Period (reduced by the aggregate amount of
      Subsequent Recoveries received 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 (the “Realized Loss Percentage”), exceeds
      the applicable percentages set forth below with respect to such Distribution
      Date:

     

    
      	
              Distribution
                Date Occurring In

            	
              Percentage

            
	
              March
                2009 through February 2010

            	
              1.25%
                for the first month, plus an additional 1/12th
                of
                1.50% for each month thereafter.

            
	
              March
                2010 through February 2011

            	
              2.75%
                for the first month, plus an additional 1/12th
                of
                1.60% for each month thereafter.

            
	
              March
                2011 through February 2012

            	
              4.35%
                for the first month, plus an additional 1/12th
                of
                1.30% for each month thereafter.

            
	
              March
                2012 through February 2013

            	
              5.65%
                for the first month, plus an additional 1/12th
                of
                0.80% for each month thereafter.

            
	
              March
                2013 through February 2014

            	
              6.45%
                for the first month, plus an additional 1/12th
                of
                0.10% for each month thereafter.

            
	
              March
                2014 and thereafter

            	
              6.55%

            

    

    

    “Trust”:
      Soundview Home Loan Trust 2007-1, the trust created hereunder.

     

    “Trust
      Administrator”: Wells Fargo Bank, N.A. or any successor in interest, or any
      successor trust administrator appointed as herein provided.

     

    “Trust
      Fund”: All of the assets of the Trust, which is the trust created hereunder
      consisting of REMIC 1, REMIC 2, REMIC 3, REMIC 4, REMIC 5, REMIC 6, any Servicer
      Prepayment Charge Payment Amounts, the Net WAC Rate Carryover Reserve Account,
      the Swap Account, the Supplemental Interest Trust, the Interest Rate Swap
      Agreement, the Basis Risk Cap Agreement, distributions made to the Trust
      Administrator by the Cap Trustee pursuant to the Interest Rate Cap Agreement,
      the Cap Allocation Agreement and the Cap Account.

     

    “Trustee”:
      Deutsche Bank National Trust Company, a national banking association, or any
      successor trustee appointed as herein provided.

     

    “Trustee
      Compensation”: Such compensation, if any, as set forth in the separate fee
      schedule between the Trustee and the Depositor, which compensation shall be
      payable to the Trustee on each Distribution Date pursuant to Section 8.05 as
      compensation for all services rendered by it in the execution of the trust
      hereby created and in the exercise and performance of any of the powers and
      duties of the Trustee hereunder.

     

    “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 REMIC Pass-Through Rate on the Uncertificated Principal Balance
      of such REMIC Regular Interest. In each case, Uncertificated Accrued Interest
      will be reduced by any Net Prepayment Interest Shortfalls, Relief Act Interest
      Shortfalls (allocated to such REMIC Regular Interests based on their respective
      entitlements to interest irrespective of any Net Prepayment Interest Shortfalls
      and Relief Act Interest Shortfalls for such Distribution Date).

     

    “Uncertificated
      Notional Amount”: With respect to REMIC 2 Regular Interest LTIO and each
      Distribution Date listed below, the aggregate Uncertificated Principal Balance
      of the REMIC 1 Regular Interests ending with the designation “A” listed
      below:

     

    
      	
              Distribution
                Date

            	
              REMIC
                1 Regular Interests

            
	
              1st
                through 10th

            	
              I-1-A
                through I-51-A

            
	
              11

            	
              I-2-A
                through I-51-A

            
	
              12

            	
              I-3-A
                through I-51-A

            
	
              13

            	
              I-4-A
                through I-51-A

            
	
              14

            	
              I-5-A
                through I-51-A

            
	
              15

            	
              I-6-A
                through I-51-A

            
	
              16

            	
              I-7-A
                through I-51-A

            
	
              17

            	
              I-8-A
                through I-51-A

            
	
              18

            	
              I-9-A
                through I-51-A

            
	
              19

            	
              I-10-A
                through I-51-A

            
	
              20

            	
              I-11-A
                through I-51-A

            
	
              21

            	
              I-12-A
                through I-51-A

            
	
              22

            	
              I-13-A
                through I-51-A

            
	
              23

            	
              I-14-A
                through I-51-A

            
	
              24

            	
              I-15-A
                through I-51-A

            
	
              25

            	
              I-16-A
                through I-51-A

            
	
              26

            	
              I-17-A
                through I-51-A

            
	
              27

            	
              I-18-A
                through I-51-A

            
	
              28

            	
              I-19-A
                through I-51-A

            
	
              29

            	
              I-20-A
                through I-51-A

            
	
              30

            	
              I-21-A
                through I-51-A

            
	
              31

            	
              I-22-A
                through I-51-A

            
	
              32

            	
              I-23-A
                through I-51-A

            
	
              33

            	
              I-24-A
                through I-51-A

            
	
              34

            	
              I-25-A
                through I-51-A

            
	
              35

            	
              I-26-A
                through I-51-A

            
	
              36

            	
              I-27-A
                through I-51-A

            
	
              37

            	
              I-28-A
                through I-51-A

            
	
              38

            	
              I-29-A
                through I-51-A

            
	
              39

            	
              I-30-A
                through I-51-A

            
	
              40

            	
              I-31-A
                through I-51-A

            
	
              41

            	
              I-32-A
                through I-51-A

            
	
              42

            	
              I-33-A
                through I-51-A

            
	
              43

            	
              I-34-A
                through I-51-A

            
	
              44

            	
              I-35-A
                through I-51-A

            
	
              45

            	
              I-36-A
                through I-51-A

            
	
              46

            	
              I-37-A
                through I-51-A

            
	
              47

            	
              I-38-A
                through I-51-A

            
	
              48

            	
              I-39-A
                through I-51-A

            
	
              49

            	
              I-40-A
                through I-51-A

            
	
              50

            	
              I-41-A
                through I-51-A

            
	
              51

            	
              I-42-A
                through I-51-A

            
	
              52

            	
              I-43-A
                through I-51-A

            
	
              53

            	
              I-44-A
                through I-51-A

            
	
              54

            	
              I-45-A
                through I-51-A

            
	
              55

            	
              I-46-A
                through I-51-A

            
	
              56

            	
              I-47-A
                through I-51-A

            
	
              57

            	
              I-48-A
                through I-51-A

            
	
              58

            	
              I-49-A
                through I-51-A

            
	
              59

            	
              I-50-A
                and I-51-A

            
	
              60

            	
              I-51-A

            
	
              thereafter

            	
              $0.00

            

    

    

    With
      respect to the Class IO Interest and any Distribution Date, an amount equal
      to
      the Uncertificated Notional Amount of the REMIC 2 Regular Interest
      LTIO.

     

    “Uncertificated
      Principal Balance”: With respect to each REMIC Regular Interest, the 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 4.08 and, if and to the extent necessary
      and appropriate, shall be further reduced on such Distribution Date by Realized
      Losses as provided in Section 4.08, and the Uncertificated Principal Balance
      of
      REMIC 2 Regular Interest LTZZ shall be increased by interest deferrals as
      provided in Section 4.08. With respect to the Class C Interest as of any date
      of
      determination, an amount equal to the excess, if any, of (A) the then aggregate
      Uncertificated Principal Balance of the REMIC 2 Regular Interests over (B)
      the
      then aggregate Certificate Principal Balance of the Senior Certificates, the
      Mezzanine Certificates and the Class P Certificates then outstanding. The
      Uncertificated Principal Balance of each REMIC Regular Interest that has an
      Uncertificated Principal Balance shall never be less than zero.

     

    “Uncertificated
      REMIC Pass-Through Rate”: The Uncertificated REMIC 1 Pass-Through Rate or the
      Uncertificated REMIC 2 Pass-Through Rate, as applicable.

     

    “Uncertificated
      REMIC 1 Pass-Through Rate”: With respect to REMIC 1 Regular Interest I and REMIC
      1 Regular Interest P, a per annum rate equal to the weighted average of the
      Adjusted Net Mortgage Rates of the Mortgage Loans. With respect to each REMIC
      1
      Regular Interest ending with the designation “A”, a per annum rate equal to the
      weighted average of the Adjusted Net Mortgage Rates of the Mortgage Loans
      multiplied by 2, subject to a maximum rate of 10.700%. With respect to each
      REMIC 1 Regular Interest ending with the designation “B”, the greater of (x) a
      per annum rate equal to the excess, if any, of (i) 2 multiplied by the weighted
      average of the Adjusted Net Mortgage Rates of the Mortgage Loans over (ii)
      10.700% and (y) 0.00%.

     

    “Uncertificated
      REMIC 2 Pass-Through Rate”:
      With
      respect to REMIC 2 Regular Interest LTAA, REMIC
      2
      Regular Interest LTIA1, REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular
      Interest LTIIA2, REMIC 2 Regular Interest LTIIA3, REMIC 2 Regular Interest
      LTIIA4, REMIC
      2
      Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest
      LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2
      Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest
      LTM8A, REMIC 2 Regular Interest LTM8B, REMIC 2 Regular Interest LTM9, REMIC
      2
      Regular Interest LTM10, REMIC 2 Regular Interest LTZZ and REMIC 2 Regular
      Interest LTP, a
      per
      annum rate (but not less than zero) equal to the weighted average of (v) with
      respect to REMIC 1 Regular Interest I and REMIC 1 Regular Interest P, the
      Uncertificated REMIC 1 Pass-Through Rates for such REMIC 1 Regular Interests
      for
      each such Distribution Date, (w) with respect to REMIC 1 Regular Interests
      ending with the designation “B”, the weighted average of the Uncertificated
      REMIC 1 Pass-Through Rates for such REMIC 1 Regular Interests, weighted on
      the
      basis of the Uncertificated Principal Balance of such REMIC 1 Regular Interests
      for each such Distribution Date and (x) with respect to REMIC 1 Regular
      Interests ending with the designation “A”, for each Distribution Date listed
      below, the weighted average of the rates listed below for each such REMIC 1
      Regular Interest listed below, weighted on the basis of the Uncertificated
      Principal Balance of each such REMIC 1 Regular Interest for each such
      Distribution Date:

     

    
      	
              Distribution
                Date

            	
              REMIC
                1 Regular Interest

            	
              Rate

            
	
              1st
                through 9h 

            	
              I-1-A
                through I-51-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              10

            	
              I-1-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              11

            	
              I-2-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              12

            	
              I-3-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                and I-2-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              13

            	
              I-4-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-3-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              14

            	
              I-5-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-4-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              15

            	
              I-6-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-5-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              16

            	
              I-7-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-6-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              17

            	
              I-8-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-7-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              18

            	
              I-9-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-8-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              19

            	
              I-10-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-9-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              20

            	
              I-11-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-10-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              21

            	
              I-12-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-11-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              22

            	
              I-13-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-12-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              23

            	
              I-14-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-13-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              24

            	
              I-15-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-14-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              25

            	
              I-16-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-15-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              26

            	
              I-17-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-16-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              27

            	
              I-18-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-17-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              28

            	
              I-19-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-18-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              29

            	
              I-20-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-19-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              30

            	
              I-21-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-20-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              31

            	
              I-22-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-21-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              32

            	
              I-23-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-22-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              33

            	
              I-24-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-23-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              34

            	
              I-25-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-24-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              35

            	
              I-26-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-25-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              36

            	
              I-27-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-26-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              37

            	
              I-28-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-27-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              38

            	
              I-29-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-28-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              39

            	
              I-30-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-29-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              40

            	
              I-31-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-30-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              41

            	
              I-32-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-31-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              42

            	
              I-33-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-32-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              43

            	
              I-34-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-33-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              44

            	
              I-35-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-34-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              45

            	
              I-36-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-35-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              46

            	
              I-37-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-36-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              47

            	
              I-38-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-37-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              48

            	
              I-39-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-38-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              49

            	
              I-40-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-39-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              50

            	
              I-41-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-40-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              51

            	
              I-42-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-41-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              52

            	
              I-43-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-42-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              53

            	
              I-44-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-43-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              54

            	
              I-45-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-44-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              55

            	
              I-46-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-45-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              56

            	
              I-47-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-46-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              57

            	
              I-48-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-47-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              58

            	
              I-49-A
                through I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-48-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              59

            	
              I-50-A
                and I-51-A

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-49-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              60

            	
              I-51-A
                

            	
              2
                multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                REMIC 1 Pass-Through Rate

            
	 	
              I-1-A
                through I-54-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            
	
              thereafter

            	
              I-1-A
                through I-51-A

            	
              Uncertificated
                REMIC 1 Pass-Through Rate

            

    

    

    With
      respect to REMIC 2 Regular Interest LTIO, and (a) the first nine Distribution
      Dates, the excess of (i) the weighted average of the Uncertificated REMIC 1
      Pass-Through Rates for REMIC 1 Regular Interests ending with the designation
“A”
over (ii) the weighted average of the Uncertificated REMIC 1 Pass-Through Rates
      for REMIC 1 Regular Interests ending with the designation “A”, and (b) the tenth
      Distribution Date through the 60th
      Distribution Date, the excess of (i) the weighted average of the Uncertificated
      REMIC 1 Pass-Through Rates for REMIC 1 Regular Interests ending with the
      designation “A” over (ii) 2 multiplied by Swap LIBOR, and (c) thereafter 0.00%.

     

    “Uninsured
      Cause”: Any cause of damage to a Mortgaged Property such that the complete
      restoration of such property is not fully reimbursable by the hazard insurance
      policies required to be maintained pursuant to Section 3.14.

     

    “United
      States Person” or “U.S. Person”: A citizen or resident of the United States, a
      corporation, partnership (or other entity treated as a corporation or
      partnership for United States federal income tax purposes) created or organized
      in, or under the laws of, the United States, any state thereof, or the District
      of Columbia (except in the case of a partnership, to the extent provided in
      Treasury Regulations) provided that, for purposes solely of the restrictions
      on
      the transfer of Residual Certificates, no partnership or other entity treated
      as
      a partnership for United States federal income tax purposes shall be treated
      as
      a United States Person 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 required by the applicable
      operative agreement to be United States Persons, or an estate the income of
      which 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. The term “United States”
shall have the meaning set forth in Section 7701 of the Code or successor
      provisions.

     

    “Unpaid
      Interest Shortfall Amount”: With respect to the Floating Rate Certificates and
      (i) the first Distribution Date, zero, and (ii) any Distribution Date after
      the
      first Distribution Date, the amount, if any, by which (a) the sum of (1) the
      Monthly Interest Distributable Amount for such Class for the immediately
      preceding Distribution Date and (2) the outstanding Unpaid Interest Shortfall
      Amount, if any, for such Class for such preceding Distribution Date exceeds
      (b)
      the aggregate amount distributed on such Class in respect of interest pursuant
      to clause (a) of this definition on such preceding Distribution Date, plus
      interest on the amount of interest due but not distributed on the Certificates
      of such Class on such preceding Distribution Date, to the extent permitted
      by
      law, at the Pass-Through Rate for such Class for the related Accrual
      Period.

     

    “Value”:
      With respect to any Mortgaged Property, the lesser of (i) the value thereof
      as
      determined by an appraisal made for the originator of the Mortgage Loan at
      the
      time of origination of the Mortgage Loan by an appraiser who met the minimum
      requirements of Fannie Mae and Freddie Mac and (ii) the purchase price paid
      for
      the related Mortgaged Property by the Mortgagor with the proceeds of the
      Mortgage Loan.

     

    “Voting
      Rights”: The portion of the voting rights of all of the Certificates which is
      allocated to any Certificate. At all times the Floating Rate Certificates and
      the Class C Certificates shall have 98% of the Voting Rights (allocated among
      the Holders of the Floating Rate Certificates and the Class C Certificates
      in
      proportion to the then outstanding Certificate Principal Balances of their
      respective Certificates), the Class P Certificates shall have 1% of the Voting
      Rights and the Residual Certificates shall have 1% of the Voting Rights. The
      Voting Rights allocated to any Class of Certificates (other than the Class
      P
      Certificates and the Residual Certificates) shall be allocated among all Holders
      of each such Class in proportion to the outstanding Certificate Principal
      Balance of such Certificates and the Voting Rights allocated to the Class P
      Certificates and the Residual Certificates shall be allocated among all Holders
      of each such Class in proportion to such Holders’ respective Percentage
      Interest; provided, however that when none of the Regular Certificates are
      outstanding, 100% of the Voting Rights shall be allocated among Holders of
      the
      Residual Certificates in accordance with such Holders’ respective Percentage
      Interests in the Certificates of such Class. The Class X and Class FL
      Certificates shall have no Voting Rights.

     

    
      	SECTION
              1.02  	
              Accounting.

            

    

     

    Unless
      otherwise specified herein, for the purpose of any definition or calculation,
      whenever amounts are required to be netted, subtracted or added or any
      distributions are taken into account such definition or calculation and any
      related definitions or calculations shall be determined without duplication
      of
      such functions.

     

    
      	SECTION
              1.03  	
              Allocation
                of Certain Interest Shortfalls.

            

    

     

    For
      purposes of calculating the amount of the Monthly Interest Distributable Amount
      for the Floating Rate Certificates and the Class C Certificates for any
      Distribution Date, (1) the aggregate amount of any Net Prepayment Interest
      Shortfalls and any Relief Act Interest Shortfalls incurred in respect of the
      Mortgage Loans for any Distribution Date shall be allocated first, among the
      Class C Certificates on a pro
      rata
      basis
      based on, and to the extent of, one month’s interest at the then applicable
      Pass-Through Rate on the Notional Amount of each such Certificate and,
      thereafter, among the Floating Rate 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
      of
      each such Certificate and (2) the aggregate amount of any Realized Losses and
      Net WAC Rate Carryover Amounts shall be allocated among the Class C Certificates
      on a pro
      rata
      basis
      based on, and to the extent of, one month’s interest at the then applicable
      Pass-Through Rate on the Notional Amount of each such Certificate.

     

    For
      purposes of calculating the amount of Uncertificated Accrued Interest for the
      REMIC 1 Regular Interests for any Distribution Date the aggregate amount of
      any
      Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls
      incurred in respect of the Mortgage Loans shall be allocated first, to REMIC
      1
      Regular Interest I and to the REMIC 1 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 1 Pass-Through Rates on the respective Uncertificated
      Principal Balances of each such REMIC 1 Regular Interest, and then, to REMIC
      1
      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 1 Pass-Through Rates on the respective Uncertificated Principal Balances
      of each such REMIC 1 Regular Interest.

     

    For
      purposes of calculating the amount of Uncertificated Accrued Interest for the
      REMIC 2 Regular Interests for any Distribution Date, the aggregate amount of
      any
      Net Prepayment Interest Shortfalls and any Relief Act Interest Shortfalls
      incurred in respect of the Mortgage Loans for any Distribution Date shall be
      allocated among REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTIA1,
      REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC 2
      Regular Interest LTIIA3, REMIC 2 Regular Interest LTIIA4, REMIC 2 Regular
      Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3,
      REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular
      Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8A,
      REMIC 2 Regular Interest LTM8B, REMIC 2 Regular Interest LTM9, REMIC 2 Regular
      Interest LTM10 and REMIC 2 Regular Interest LTZZ pro
      rata based
      on,
      and to the extent of, one month’s interest at the then applicable respective
      Uncertificated REMIC 2 Pass-Through Rate on the respective Uncertificated
      Principal Balance of each such REMIC 2 Regular Interest.

     

    
      	SECTION
              1.04  	
              Rights
                of the NIMS Insurer.

            

    

     

    Each
      of
      the rights of the NIMS Insurer set forth in this Agreement shall exist so long
      as (i) the NIMS Insurer has undertaken to guarantee certain payments of notes
      issued pursuant to an Indenture and (ii) any series of notes issued pursuant
      to
      one or more Indentures remain outstanding or the NIMS Insurer is owed amounts
      in
      respect of its guarantee of payment on such notes; provided, however, the NIMS
      Insurer shall not have any rights hereunder (except pursuant to Section 11.01
      in
      the case of clause (ii) below) so long as (i) the NIMS Insurer has not
      undertaken to guarantee certain payments of notes issued pursuant to the
      Indenture or (ii) any default has occurred and is continuing under the insurance
      policy issued by the NIMS Insurer with respect to such notes. The Depositor
      shall provide notice to each Servicer if a NIMS Insurer has been engaged, upon
      the occurrence of a default under the insurance policy issued by the NIMS
      Insurer and the termination of the NIMS Insurer.

     

     

     

    ARTICLE
      II

     

    CONVEYANCE
      OF MORTGAGE LOANS;

    ORIGINAL
      ISSUANCE OF CERTIFICATES

     

    
      	SECTION
              2.01  	
              Conveyance
                of Mortgage Loans.

            

    

     

    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 for the benefit of the Certificateholders all the right, title and
      interest of the Depositor, including any security interest therein for the
      benefit of the Depositor, in and to (i) each Mortgage Loan identified on the
      Mortgage Loan Schedule, including the related Cut-off Date Principal Balance,
      all interest accruing thereon on and after the Cut-off Date and all collections
      in respect of interest and principal due after the Cut-off Date; (ii) property
      which secured each such Mortgage Loan and which has been acquired by foreclosure
      or deed in lieu of foreclosure; (iii) its interest in any insurance policies
      in
      respect of the Mortgage Loans; (iv) the rights of the Depositor under the
      Mortgage Loan Purchase Agreement and the Master Agreements (as assigned to
      the
      Depositor pursuant to the terms of the related Assignment Agreements), (v)
      the
      right
      to receive any amounts payable under the Basis Risk Cap Agreement and the
      Interest Rate Swap Agreement,
      (vi)
      payments made to the Cap Trustee by the Interest Rate Cap Provider and the
      Cap
      Account, (vii) all other assets included or to be included in the Trust Fund
      and
      (viii) all proceeds of any of the foregoing. Such assignment includes all
      interest and principal due and collected by the Depositor or the Servicer after
      the Cut-off Date with respect to the Mortgage Loans.

     

    In
      connection with such transfer and assignment, the Depositor, does hereby deliver
      to, and deposit with, the Trustee (or the related Custodian on behalf of the
      Trustee), the following documents or instruments with respect to each Mortgage
      Loan so transferred and assigned (with respect to each Mortgage Loan, a
“Mortgage File”):

     

    (iii)  the
      original Mortgage Note including any riders thereto, endorsed either (A) in
      blank, in which case the Trustee shall cause the endorsement to be completed
      or
      (B) in the following form: “Pay to the order of Deutsche Bank National Trust
      Company, as Trustee, without recourse” or with respect to any lost Mortgage
      Note, an original Lost Note Affidavit stating that the original mortgage note
      was lost, misplaced or destroyed, together with a copy of the related mortgage
      note; provided, however, that such substitutions of Lost Note Affidavits for
      original Mortgage Notes may occur only with respect to Mortgage Loans, the
      aggregate Cut-off Date Principal Balance of which is less than or equal to
      1.00%
      of the Pool Balance as of the Cut-off Date;

     

    (iv)  the
      original Mortgage (noting the presence of the MIN of the Mortgage Loan and
      language indicating that the Mortgage Loan is a MOM Loan if the Mortgage Loan
      is
      a MOM Loan), 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 or, if such Mortgage or power of attorney has
      been
      submitted for recording but has not been returned from the applicable public
      recording office, has been lost or is not otherwise available, a copy of such
      Mortgage or power of attorney, as the case may be, certified to be a true and
      complete copy of the original submitted for recording;

     

    (v)  unless
      the Mortgage Loan is registered on the MERS® System, an original Assignment, in
      form and substance acceptable for recording. The Mortgage shall be assigned
      either (A) in blank or (B) to “Deutsche Bank National Trust Company, as Trustee,
      without recourse”;

     

    (vi)  an
      original of any intervening assignment of Mortgage showing a complete chain
      of
      assignments (or to MERS if the Mortgage Loan is registered on the MERS® System
      and noting the presence of MIN);

     

    (vii)  the
      original or a certified copy of lender’s title insurance policy;
      and

     

    (viii)  the
      original or copies of each assumption, modification, written assurance or
      substitution agreement, if any.

     

    The
      Depositor herewith also delivers to the Trustee an executed copy of the Mortgage
      Loan Purchase Agreement, each Assignment Agreement and each Master
      Agreement.

     

    If
      any of
      the documents referred to in Section 2.01(ii), (iii) or (iv) above has as of
      the
      Closing Date been submitted for recording but either (x) has not been returned
      from the applicable public recording office or (y) has been lost or such public
      recording office has retained the original of such document, the obligations
      of
      the Depositor to deliver such documents shall be deemed to be satisfied upon
      (1)
      delivery to the Trustee (or the related Custodian on behalf of the Trustee)
      no
      later than the Closing Date, of a copy of each such document certified by the
      related Originator in the case of (x) above or the applicable public recording
      office in the case of (y) above to be a true and complete copy of the original
      that was submitted for recording and (2) if such copy is certified by the
      related Originator, delivery to the Trustee (or the related Custodian on behalf
      of the Trustee) promptly upon receipt thereof of either the original or a copy
      of such document certified by the applicable public recording office to be
      a
      true and complete copy of the original. If the original lender’s title insurance
      policy, or a certified copy thereof, was not delivered pursuant to Section
      2.01(v) above, the Depositor shall deliver or cause to be delivered to the
      Trustee (or the related Custodian on behalf of the Trustee), the original or
      a
      copy of a written commitment or interim binder or preliminary report of title
      issued by the title insurance or escrow company, with the original or a
      certified copy thereof to be delivered to the Trustee (or the related Custodian
      on behalf of the Trustee), promptly upon receipt thereof. Ocwen or the Depositor
      shall deliver or cause to be delivered to the Trustee (or the related Custodian
      on behalf of the Trustee) promptly upon receipt thereof any other documents
      constituting a part of a Mortgage File received with respect to any Mortgage
      Loan, including, but not limited to, any original documents evidencing an
      assumption or modification of any Mortgage Loan.

     

    Upon
      discovery or receipt of notice of any materially defective document in, or
      that
      a document is missing from, a Mortgage File, the Trustee (or the related
      Custodian on behalf of the Trustee) shall enforce the obligations of the Seller
      under the Mortgage Loan Purchase Agreement or the Originator under the related
      Master Agreement to cure such defect or deliver such missing document to the
      Trustee (or the related Custodian on behalf of the Trustee) within 90 days.
      If
      the Seller or such Originator does not cure such defect or deliver such missing
      document within such time period, the Trustee shall use commercially reasonable
      efforts to enforce the obligations of the Seller or the related Originator,
      as
      applicable, to either repurchase or substitute for such Mortgage Loan in
      accordance with Section 2.03; provided, however, that the Trustee shall not
      be
      under any obligation to take any action pursuant to this paragraph unless
      directed by the Depositor and provided, further, the Depositor hereby agrees
      to
      assist the Trustee in enforcing any obligations of the Seller or the related
      Originator, as applicable, to repurchase or substitute for a Mortgage Loan
      which
      has breached a representation or warranty under the Mortgage Loan Purchase
      Agreement or the related Assignment Agreement. In connection with the foregoing,
      it is understood that the Trustee shall have no duty to discover any such
      defects except in the course of performing its review of the Mortgage Files
      to
      the extent set forth herein.

     

    Except
      with respect to any Mortgage Loan for which MERS is identified on the Mortgage,
      the Trustee (upon receipt of notice from the related Custodian) shall enforce
      the obligations of the Seller under the Mortgage Loan Purchase Agreement or
      the
      Originator under the related Master Agreement to cause the Assignments which
      were delivered in blank to be completed and to record all Assignments referred
      to in Section 2.01(iii) hereof and, to the extent necessary, in Section 2.01(iv)
      hereof. The Trustee shall enforce the obligations of the Seller under the
      Mortgage Loan Purchase Agreement or the Originator under the related Master
      Agreement to deliver such assignments for recording within 180 days of the
      Closing Date. In the event that any such Assignment is lost or returned
      unrecorded because of a defect therein, the Trustee shall enforce the
      obligations of the Seller under the Mortgage Loan Purchase Agreement or the
      Originator under the related Master Agreement to promptly have a substitute
      Assignment prepared or have such defect cured, as the case may be, and
      thereafter cause each such Assignment to be duly recorded.

     

    Notwithstanding
      the foregoing, for administrative convenience and facilitation of servicing
      and
      to reduce closing costs, the Assignments shall not be required to be submitted
      for recording (except with respect to any Mortgage Loan located in Maryland)
      unless the Trustee and the Depositor receive notice that such failure to record
      would result in a withdrawal or a downgrading by any Rating Agency of the rating
      on any Class of Certificates; provided, however, each Assignment, except with
      respect to any Mortgage Loan for which MERS is identified on the Mortgage,
      shall
      be submitted for recording 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 entitled to at least 25% of the Voting Rights,
      (ii) the occurrence of a Servicer Event of Termination, (iii) the occurrence
      of
      a bankruptcy, insolvency or foreclosure relating to the Seller, (iv) the
      occurrence of a servicing transfer as described in Section 7.02 hereof, (v)
      upon
      receipt of notice from the related Servicer, the occurrence of a bankruptcy,
      insolvency or foreclosure relating to the Mortgagor under the related Mortgage,
      (vi) upon receipt of notice from the related Servicer, any Mortgage Loan that
      is
      90 days or more Delinquent and (vii) reasonable direction by the NIMS Insurer.
      In the event of (i) through (vii) set forth in the immediately preceding
      sentence, the Trustee shall enforce the obligations of the Seller or the
      Originator, as applicable, to deliver such Assignments for recording as provided
      above, promptly and in any event within 30 days following receipt of notice
      by
      the Seller or the Originator, as applicable. Notwithstanding the foregoing,
      if
      the Seller or the Originator, as applicable, fails to pay the cost of recording
      the Assignments, such expense will be paid by the Trustee and the Trustee shall
      be reimbursed for such expenses by the Trust. In the event an Assignment is
      not
      recorded, neither the Trustee nor the Servicers will have any liability for
      the
      failure to act on notices that were not received and would have been had such
      Assignment been recorded, except, in the case of the Trustee, with respect to
      Mortgage Loans that are subject to provisions (i) through (vi) set forth in
      this
      paragraph, if the Trustee shall have failed to timely request the Seller or
      the
      Originator to cause such Assignments to be recorded.

     

    Ocwen
      shall forward to the related Custodian original documents evidencing an
      assumption, modification, consolidation or extension of any Mortgage Loan
      entered into in accordance with this Agreement within two weeks of their
      execution; provided, however, that Ocwen shall provide the related Custodian
      with a certified true copy of any such document submitted for recordation within
      two weeks of its execution, and shall provide the original of any document
      submitted for recordation or a copy of such document certified by the
      appropriate public recording office to be a true and complete copy of the
      original within 365 days of its submission for recordation. In the event that
      Ocwen
      cannot
      provide a copy of such document certified by the public recording office within
      such 365 day period, Ocwen shall deliver to the related Custodian, within such
      365 day period, an Officers’ Certificate of Ocwen which shall (A) identify the
      recorded document, (B) state that the recorded document has not been delivered
      to the related Custodian due solely to a delay caused by the public recording
      office, (C) state the amount of time generally required by the applicable
      recording office to record and return a document submitted for recordation,
      if
      known and (D) specify the date the applicable recorded document is expected
      to
      be delivered to the related Custodian, and, upon receipt of a copy of such
      document certified by the public recording office, Ocwen shall immediately
      deliver such document to the related Custodian. In the event the appropriate
      public recording office will not certify as to the accuracy of such document,
      Ocwen shall deliver a copy of such document certified by an officer of Ocwen
      to
      be a true and complete copy of the original to the related Custodian. The
      Depositor shall deliver or cause the Seller to deliver to the related Servicer
      copies of all trailing documents required to be included in the servicing file
      at the same time the originals or certified copies thereof are delivered to
      the
      Trustee or the related Custodian, such documents including but not limited
      to
      the mortgagee policy of title insurance and any mortgage loan documents upon
      return from the recording office. No Servicer shall be responsible for any
      custodian fees or other costs incurring in obtaining such documents and the
      Depositor shall cause each Servicer to be reimbursed for any such costs it
      may
      incur in connection with performing its obligations under this
      Agreement

     

    The
      parties hereto understand and agree that it is not intended that any Mortgage
      Loan be included in the Trust that is a “High-Cost Home Loan” as defined by the
      Homeownership and Equity Protection Act of 1994 or any other applicable
      predatory or abusive lending laws.

     

    
      	SECTION
              2.02  	
              Acceptance
                by Trustee.

            

    

     

    Subject
      to the provisions of Section 2.01 and subject to the review described below
      and
      any exceptions noted on the exception report described in the next paragraph
      below, the Trustee acknowledges receipt (or receipt by the related Custodian
      on
      behalf of the Trustee) of the documents referred to in Section 2.01 above and
      all other assets included in the definition of “Trust Fund” and declares that it
      holds and will hold such documents and the other documents delivered to it
      constituting a Mortgage File, and that it holds or will hold all such assets
      and
      such other assets included in the definition of “Trust Fund” in trust for the
      exclusive use and benefit of all present and future
      Certificateholders.

     

    The
      Trustee agrees to execute and deliver to the Depositor and the related Servicer
      on or prior to the Closing Date an acknowledgment of receipt of the related
      original Mortgage Note for each Mortgage Loan (with any exceptions noted),
      substantially in the form attached as Exhibit F-3 hereto.

     

    The
      Trustee (or the related Custodian on behalf of the Trustee) agrees, for the
      benefit of the Certificateholders, to review, or that it has reviewed pursuant
      to Section 2.01 (or to cause the related Custodian to review or that it has
      caused the related Custodian to have reviewed) each Mortgage File on or prior
      to
      the Closing Date, with respect to each Mortgage Loan (or, with respect to any
      document delivered after the Startup Day, within 45 days of receipt and with
      respect to any Qualified Substitute Mortgage Loan, within 45 days after the
      assignment thereof). The Trustee further agrees, for the benefit of the
      Certificateholders, to certify to the Depositor and the related Servicer (with
      a
      copy to the NIMS Insurer) in substantially the form attached hereto as Exhibit
      F-1, within 45 days after the Closing Date, with respect to each Mortgage Loan
      (or, with respect to any document delivered after the Startup Day, within 45
      days of receipt and with respect to any Qualified Substitute Mortgage, within
      45
      days after the assignment thereof) that, as to each Mortgage Loan listed in
      the
      Mortgage Loan Schedule (other than any Mortgage Loan paid in full or any
      Mortgage Loan specifically identified in the exception report annexed thereto
      as
      not being covered by such certification), (i) all documents required to be
      delivered to it pursuant to Section 2.01 of this Agreement are in its
      possession, (ii) such documents have been reviewed by it and have not been
      mutilated, damaged or torn and appear on their face to relate to such Mortgage
      Loan and (iii) based on its examination and only as to the foregoing, the
      information set forth in the Mortgage Loan Schedule that corresponds to items
      (1) and (3) of the Mortgage Loan Schedule accurately reflects information set
      forth in the Mortgage File. It is herein acknowledged that, in conducting such
      review, the Trustee (or the related Custodian, as applicable) is under no duty
      or obligation to inspect, review or examine any such documents, instruments,
      certificates or other papers to determine that they are genuine, legally
      enforceable, valid or binding 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.

     

    Prior
      to
      the first anniversary date of this Agreement the Trustee shall deliver (or
      cause
      the related Custodian to deliver) to the Depositor the Trustee, the related
      Servicer and the Master Servicer (with a copy to the NIMS Insurer) a final
      certification in the form annexed hereto as Exhibit F-2 (or, in the case of
      the
      related Custodian, Exhibit 2 to the Custodial Agreement), with any applicable
      exceptions noted thereon.

     

    If
      in the
      process of reviewing the Mortgage Files and making or preparing, as the case
      may
      be, the certifications referred to above, the Trustee (or the related Custodian,
      as applicable) finds any document or documents constituting a part of a Mortgage
      File to be missing or not to conform with respect to any characteristics which
      are within the scope of the Trustee’s (or the related Custodian’s, as
      applicable) review as provided herein, at the conclusion of its review, the
      Trustee (or the related Custodian on behalf of the Trustee) shall so notify
      the
      Seller, the Depositor, the related Originator, the Trustee, the related
      Servicer, the NIMS Insurer and the Master Servicer. In addition, upon the
      discovery by the Depositor or the related Servicer or the Master Servicer (or
      upon receipt by the Trustee of written notification of such breach) of a breach
      of any of the representations and warranties made by an Originator in the
      related Master Agreement or the Seller in the Mortgage Loan Purchase Agreement
      or an Assignment Agreement in respect of any Mortgage Loan which materially
      adversely affects such Mortgage Loan or the interests of the Certificateholders
      in such Mortgage Loan, the party discovering such breach shall give prompt
      written notice to the other parties to this Agreement and the NIMS
      Insurer.

     

    The
      Depositor and the Trustee intend that the assignment and transfer herein
      contemplated constitute a sale of the Mortgage Loans, the related Mortgage
      Notes
      and the related documents, conveying good title thereto free and clear of any
      liens and encumbrances, from the Depositor to the Trustee in trust for the
      benefit of the Certificateholders and that such property not be part of the
      Depositor’s estate or property of the Depositor in the event of any insolvency
      by the Depositor. In the event that such conveyance is deemed to be, or to
      be
      made as security for, a loan, the parties intend that the Depositor shall be
      deemed to have granted and does hereby grant to the Trustee a first priority
      perfected security interest in all of the Depositor’s right, title and interest
      in and to the Mortgage Loans, the related Mortgage Notes and the related
      documents, and that this Agreement shall constitute a security agreement under
      applicable law.

     

    
      	SECTION
              2.03  	
              Repurchase
                or Substitution of Mortgage Loans by an Originator or the
                Seller.

            

    

     

    (a)  Upon
      discovery or receipt of written notice from the related Custodian of any
      materially defective document in, or that a document is missing from, a Mortgage
      File or of the breach by an Originator or the Seller, as applicable, of any
      representation, warranty or covenant under the Master Agreement, the Mortgage
      Loan Purchase Agreement or the Assignment Agreement, as applicable, in respect
      of any Mortgage Loan which materially adversely affects the value of such
      Mortgage Loan or the interest therein of the Certificateholders, the Trustee
      shall request that the Originator or the Seller, as applicable, deliver such
      missing document or that the Originator or the Seller, as applicable, cure
      such
      defect or breach within 90 (in the case of an Originator) or 120 (in the case
      of
      the Seller) days from the date the Originator or the Seller, as applicable,
      was
      notified of such missing document, defect or breach, and if the Originator
      or
      the Seller, as applicable, does not deliver such missing document or cure such
      defect or breach in all material respects during such period, the Trustee shall
      enforce (in the manner set forth in Section 2.01) the related Originator’s
      obligation under the related Master Agreement or the related Assignment
      Agreement or the Seller’s obligation under the Mortgage Loan Purchase Agreement
      or the related Assignment Agreement and notify the related Originator or the
      Seller, as applicable, of its obligation to repurchase such Mortgage Loan from
      the Trust Fund at the Purchase Price on or prior to the Determination Date
      following the expiration of such 90 or 120 day period (subject to Section
      2.03(e)). The Purchase Price for the repurchased Mortgage Loan shall be remitted
      to the related Servicer for deposit in the Collection Account or the related
      Custodial Account, and the Trustee, (or the related Custodian on behalf of
      the
      Trustee), upon receipt of written certification from the related Servicer of
      such deposit, shall release to the related Originator or the Seller, as
      applicable, the related Mortgage File and the Trustee shall execute and deliver
      such instruments of transfer or assignment, in each case without recourse,
      as
      the related Originator or the Seller, as applicable, shall furnish to it and
      as
      shall be necessary to vest in the related Originator or Seller, as applicable,
      any Mortgage Loan released pursuant hereto and the Trustee and the related
      Custodian shall have no further responsibility with regard to such Mortgage
      File
      (it being understood that the Trustee shall have no responsibility for
      determining the sufficiency of such assignment for its intended purpose). In
      lieu of repurchasing any such Mortgage Loan as provided above, the related
      Originator or the Seller, as applicable, may cause such Mortgage Loan to be
      removed from the Trust Fund (in which case it shall become a Deleted Mortgage
      Loan) and substitute one or more Qualified Substitute Mortgage Loans in the
      manner and subject to the limitations set forth in Section 2.03(d); provided,
      however, neither an Originator nor the Seller may substitute for any Mortgage
      Loan which breaches a representation or warranty regarding abusive or predatory
      lending laws. In furtherance of the foregoing, if the related Originator or
      the
      Seller, as applicable, is not a member of MERS and repurchases a Mortgage Loan
      which is registered on the MERS® System, such Originator or the Seller, as
      applicable, at its own expense and without any right of reimbursement, shall
      cause MERS to execute and deliver an assignment of the Mortgage in recordable
      form to transfer the Mortgage from MERS to the related Originator or the Seller,
      as applicable, and shall cause such Mortgage to be removed from registration
      on
      the MERS® System in accordance with MERS’ rules and regulations. It is
      understood and agreed that the obligation of the related Originator or the
      Seller, as applicable, to cure or to repurchase (or to substitute for) any
      Mortgage Loan as to which a document is missing, a material defect in a
      constituent document exists or as to which such a breach has occurred and is
      continuing shall constitute the sole remedy against the related Originator
      or
      the Seller, as applicable, respecting such omission, defect or breach available
      to the Trustee on behalf of the Certificateholders.

     

    Within
      90
      days of the earlier of discovery by the Depositor or receipt of notice by the
      Depositor of the breach of any representation, warranty or covenant of the
      Depositor set forth in Section 2.06, which materially and adversely affects
      the
      interests of the Certificateholders in any Mortgage Loan, the Depositor shall
      cure such breach in all material respects.

     

    (b)  Within
      90
      days of the earlier of discovery by Ocwen or receipt of notice by Ocwen of
      the
      breach of any representation, warranty or covenant of Ocwen set forth in Section
      2.05 which materially and adversely affects the interests of the
      Certificateholders in any Mortgage Loan, Ocwen shall cure such breach in all
      material respects.

     

    (c)  Any
      substitution of Qualified Substitute Mortgage Loans for Deleted Mortgage Loans
      made pursuant to Section 2.03(a) must be effected prior to the last Business
      Day
      that is within two years after the Closing Date. As to any Deleted Mortgage
      Loan
      for which the related Originator or the Seller, as applicable, substitutes
      a
      Qualified Substitute Mortgage Loan or Loans, such substitution shall be effected
      by the related Originator or the Seller, as applicable, delivering to the
      Trustee, (or the related Custodian on behalf of the Trustee), for such Qualified
      Substitute Mortgage Loan or Loans, the Mortgage Note, the Mortgage and the
      Assignment to the Trustee, and such other documents and agreements, with all
      necessary endorsements thereon, as are required by Section 2.01, together with
      an Officers’ Certificate providing that each such Qualified Substitute Mortgage
      Loan satisfies the definition thereof and specifying the Substitution Adjustment
      (as described below), if any, in connection with such substitution. The Trustee
      (or the related Custodian on behalf of the Trustee), shall acknowledge receipt
      for such Qualified Substitute Mortgage Loan or Loans and, within 45 days
      thereafter, shall review such documents as specified in Section 2.02 and deliver
      to the Depositor and the Servicer, with respect to such Qualified Substitute
      Mortgage Loan or Loans, a certification substantially in the form attached
      hereto as Exhibit F-1 (with a copy to the NIMS Insurer), with any applicable
      exceptions noted thereon. Within one year of the date of substitution, the
      Trustee (or the related Custodian on behalf of the Trustee) shall deliver to
      the
      Depositor and the related Servicer a certification substantially in the form
      of
      Exhibit F-2 hereto (with a copy to the NIMS Insurer) with respect to such
      Qualified Substitute Mortgage Loan or Loans, with any applicable exceptions
      noted thereon. Monthly Payments due with respect to Qualified Substitute
      Mortgage Loans in the month of substitution are not part of the Trust Fund
      and
      will be retained by the related Originator or the Seller, as applicable. For
      the
      month of substitution, distributions to Certificateholders will reflect the
      collections and recoveries in respect of such Deleted Mortgage Loan in the
      Due
      Period preceding the month of substitution and the related Originator or the
      Seller, as applicable, shall thereafter be entitled to retain all amounts
      subsequently received in respect of such Deleted Mortgage Loan. The Depositor
      shall give or cause to be given written notice to the Trustee and the NIMS
      Insurer, who shall forward such notice to the Certificateholders, that such
      substitution has taken place, shall amend the Mortgage Loan Schedule to reflect
      the removal of such Deleted Mortgage Loan from the terms of this Agreement
      and
      the substitution of the Qualified Substitute Mortgage Loan or Loans and shall
      deliver a copy of such amended Mortgage Loan Schedule to the Master Servicer,
      the Trust Administrator, the Trustee, the related Custodian, the related
      Servicer and the NIMS Insurer. Upon such substitution by the related Originator
      or the Seller, as applicable, such Qualified Substitute Mortgage Loan or Loans
      shall constitute part of the Mortgage Pool and shall be subject in all respects
      to the terms of this Agreement and the Mortgage Loan Purchase Agreement or
      the
      related Assignment Agreement, as applicable, including all applicable
      representations and warranties thereof included in the related Assignment
      Agreement as of the date of substitution.

     

    For
      any
      month in which an Originator or the Seller, as applicable, substitutes one
      or
      more Qualified Substitute Mortgage Loans for one or more Deleted Mortgage Loans,
      the related Servicer will determine the amount (the “Substitution Adjustment”),
      if any, by which the aggregate Purchase Price of all such Deleted Mortgage
      Loans
      exceeds the aggregate, as to each such Qualified Substitute Mortgage Loan,
      of
      the Stated Principal Balance thereof as of the date of substitution, together
      with one month’s interest on such Stated Principal Balance at the applicable
      Mortgage Rate. On the date of such substitution, the related Originator or
      the
      Seller, as applicable, will deliver or cause to be delivered to the related
      Servicer for deposit in the Collection Account or the related Custodial Account,
      as applicable, an amount equal to the Substitution Adjustment, if any, and
      the
      Trustee (or the related Custodian on behalf of the Trustee), upon receipt of
      the
      related Qualified Substitute Mortgage Loan or Loans and certification by the
      related Servicer of such deposit, shall release to the related Originator or
      the
      Seller, as applicable, the related Mortgage File or Files and the Trustee shall
      execute and deliver such instruments of transfer or assignment, in each case
      without recourse, as the related Originator or the Seller, as applicable, shall
      deliver to it and as shall be necessary to vest therein any Deleted Mortgage
      Loan released pursuant hereto.

     

    In
      addition, pursuant to the terms of the Mortgage Loan Purchase Agreement and
      each
      Assignment Agreement, the related Originator or the Seller, as applicable,
      shall
      obtain at its own expense and deliver to the Trustee, the Trust Administrator
      and the NIMS Insurer an Opinion of Counsel to the effect that such substitution
      will not cause (a) any federal tax to be imposed on the Trust Fund, including
      without limitation, any federal tax imposed on “prohibited transactions” under
      Section 860F(a)(I) of the Code or on “contributions after the startup date”
under Section 860G(d)(I) of the Code or (b) any REMIC to fail to qualify as
      a
      REMIC at any time that any Certificate is outstanding. If such Opinion of
      Counsel can not be delivered, then such substitution may only be effected at
      such time as the required Opinion of Counsel can be given.

     

    (d)  Upon
      discovery by the Depositor, the Master Servicer, the Trust Administrator or
      the
      NIMS Insurer 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 within two Business Days give written notice thereof to the other
      parties hereto. In connection therewith, the related Originator, the Seller
      or
      the Depositor, as the case may be, shall repurchase or, subject to the
      limitations set forth in Section 2.03(d), substitute one or more Qualified
      Substitute Mortgage Loans for the affected Mortgage Loan within 90 days of
      the
      earlier of discovery or receipt of such notice with respect to such affected
      Mortgage Loan. Such repurchase or substitution shall be made (i) by the related
      Originator if the affected Mortgage Loan’s status as a non-qualified mortgage is
      or results from a breach of any representation, warranty or covenant made by
      such Originator under the related Master Agreement or Assignment Agreement,
      (ii)
      by the Seller if the affected Mortgage Loan’s status as a non-qualified mortgage
      is or results from a breach of any representation, warranty or covenant made
      by
      the Seller under the Mortgage Loan Purchase Agreement or (iii) the Depositor,
      if
      the affected Mortgage Loan’s status as a non-qualified mortgage is a breach of
      any representation or warranty of the Depositor set forth in Section 2.06,
      or if
      its status as a non-qualified mortgage is a breach of no representation or
      warranty. Any such repurchase or substitution shall be made in the same manner
      as set forth in Section 2.03(a) or 2.03(d), if made by an Originator or the
      Seller, or Section 2.03(b), if made by the Depositor. The Trustee shall reconvey
      to the Depositor or the Originator, as the case may be, 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.

     

    (e)  Upon
      discovery or receipt of written notice of a breach by the Seller of any
      representation, warranty or covenant made by the Seller under an Assignment
      Agreement in respect of any Mortgage Loan which materially adversely affects
      the
      value of such Mortgage Loan or the interest therein of the Certificateholders,
      and if either (i) such Mortgage Loan is not in breach of any representation,
      warranty or covenant of the related Originator or (ii) the related Originator
      has failed to remedy such representation, warranty or covenant with respect
      to
      such Mortgage Loan, then the Trustee shall enforce the obligation of the Seller
      to remedy such breach, to the extent provided in the related Assignment
      Agreement, in the manner and within the time periods set forth in the related
      Assignment Agreement.

     

    
      	SECTION
              2.04  	
              [Reserved].

            

    

     

    
      	SECTION
              2.05  	
              Representations,
                Warranties and Covenants of Ocwen and the Master
                Servicer.

            

    

     

    (a)  Ocwen
      hereby represents, warrants and covenants to the Trust Administrator and the
      Trustee, for the benefit of each of the Trustee, the Trust Administrator, the
      Certificateholders and to the Depositor that as of the Closing Date or as of
      such date specifically provided herein:

     

    (i)  Ocwen
      is
      a limited liability company duly organized and validly existing 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 Ocwen 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 and to service
      the
      Mortgage Loans in accordance with the terms of this Agreement;

     

    (ii)  Ocwen
      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. Ocwen 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 Ocwen, 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 Ocwen, the servicing of the Mortgage
      Loans by Ocwen hereunder, the consummation by Ocwen 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 Ocwen and will not (A)
      result in a breach of any term or provision of the certificate of formation
      or
      limited liability company agreement of Ocwen 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 Ocwen is a party or by
      which
      it may be bound, or any statute, order or regulation applicable to Ocwen of
      any
      court, regulatory body, administrative agency or governmental body having
      jurisdiction over Ocwen; and Ocwen 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 Ocwen’s knowledge, would in the future
      materially and adversely affect, (x) the ability of Ocwen to perform its
      obligations under this Agreement or (y) the business, operations, financial
      condition, properties or assets of Ocwen taken as a whole;

     

    (iv)  Ocwen
      is
      a HUD approved servicer. No event has occurred, including but not limited to
      a
      change in insurance coverage, that would make Ocwen unable to comply with HUD
      eligibility requirements or that would require notification to HUD;

     

    (v)  Ocwen
      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;

     

    (vi)  No
      information, certificate of an officer, statement furnished in writing or report
      delivered to the Trustee or the Trust Administrator by Ocwen in connection
      with
      the transactions contemplated hereby contains any untrue statement of a material
      fact (except to the extent that any such information, statement or report has
      been corrected or superseded in writing by Ocwen as of the Closing Date, it
      being understood (i) that Ocwen has delivered no certificate of an officer
      prior
      to the Closing Date and (ii) that any representations, warranties and
      indemnifications as to the accuracy and completeness of the Prospectus
      Supplement made by Ocwen in agreements and Officers’ Certificates delivered by
      Ocwen on the Closing Date in connection with the transactions contemplated
      by
      this Agreement shall be interpreted such that the information in the Prospectus
      Supplement provided by Ocwen is deemed to correct and/or supersede as of the
      Closing Date, within the meaning of this parenthetical, any information,
      statement or report delivered by Ocwen to the Trustee prior to the Closing
      Date
      that is inconsistent with the information in the Prospectus Supplement or that
      was omitted from such information, statement or report delivered prior to the
      Closing Date);

     

    (vii)  No
      litigation is pending against Ocwen that would materially and adversely affect
      the execution, delivery or enforceability of this Agreement or the ability
      of
      Ocwen to service the Mortgage Loans or to perform any of its other obligations
      hereunder in accordance with the terms hereof;

     

    (viii)  There
      are
      no actions or proceedings against, or investigations known to it of, Ocwen
      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 Ocwen of its obligations
      under, or validity or enforceability of, this Agreement;

     

    (ix)  No
      consent, approval, authorization or order of any court or governmental agency
      or
      body is required for the execution, delivery and performance by Ocwen of, or
      compliance by Ocwen 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;

     

    (x)  Ocwen
      will not waive any Prepayment Charge unless it is waived in accordance with
      the
      standard set forth in Section 3.01; and

     

    (xi)  With
      respect to each Mortgage Loan, Ocwen has fully and accurately furnished with
      respect to the period in which it serviced the Mortgage Loans, and will continue
      to fully and accurately furnish, complete information on the related borrower
      credit files to Equifax, Experian and Trans Union Credit Information Company,
      in
      accordance with the Fair Credit Reporting Act and its implementing
      regulations.

     

    It
      is
      understood and agreed that the representations, warranties and covenants set
      forth in this Section 2.05 shall survive delivery of the Mortgage Files to
      the
      Trustee or to the related Custodian on its behalf and shall inure to the benefit
      of the Trustee, the Trust Administrator, the Depositor and the
      Certificateholders. Upon discovery by any of the Depositor, the Trust
      Administrator or the Trustee of a breach of any of the foregoing
      representations, warranties and covenants which materially and adversely affects
      the value of any Mortgage Loan, Prepayment Charge or the interests therein
      of
      the Certificateholders, the party discovering such breach shall give prompt
      written notice (but in no event later than two Business Days following such
      discovery) to Ocwen, the Trustee and the Trust Administrator. The foregoing
      shall not, however, limit any remedies available to the Certificateholders,
      the
      Depositor, the Trust Administrator or the Trustee on behalf of the
      Certificateholders, pursuant to the Master Agreements, the Assignment Agreements
      or the Mortgage Loan Purchase Agreement respecting a breach of the
      representations, warranties and covenants of the Originators or the
      Seller.

     

    (b)  The
      Master Servicer hereby represents, warrants and covenants to the Trustee, for
      the benefit of each of the Trustee and the Certificateholders, and to each
      Servicer and the Depositor that as of the Closing Date or as of such date
      specifically provided herein:

     

    (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 Depositor and the
      Trustee, 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, the
      ability of the Master Servicer to perform its obligations under this
      Agreement;

     

    (iv)  The
      Master Servicer or an Affiliate thereof is an approved seller/servicer for
      Fannie Mae or Freddie Mac in good standing and is a HUD approved mortgagee
      pursuant to Section 203 of the National Housing Act;

     

    (v)  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;

     

    (vi)  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;

     

    (vii)  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

     

    (viii)  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 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.

     

    It
      is
      understood and agreed that the representations, warranties and covenants set
      forth in this Section 2.05 shall survive delivery of the Mortgage Files to
      the
      Trust Administrator, the Trustee or the related Custodian, as applicable and
      shall inure to the benefit of the Trustee, the Depositor and the
      Certificateholders. Upon discovery by any of the Depositor, any Servicer, the
      Master Servicer or the Trustee of a breach of any of the foregoing
      representations, warranties and covenants which materially and adversely affects
      the value of any Mortgage Loan or the interests therein of the
      Certificateholders, the party discovering such breach shall give prompt written
      notice (but in no event later than two Business Days following such discovery)
      to other parties to this Agreement.

     

    
      	SECTION
              2.06  	
              Representations
                and Warranties of the Depositor.

            

    

     

    The
      Depositor represents and warrants to the Trust, the Servicer and the Trustee
      on
      behalf of the Certificateholders as follows:

     

    (i)  This
      agreement constitutes a legal, valid and binding obligation of the Depositor,
      enforceable against the Depositor in accordance with its terms, except as
      enforceability may be limited by applicable bankruptcy, insolvency,
      reorganization, moratorium or other similar laws now or hereafter in effect
      affecting the enforcement of creditors’ rights in general and except as such
      enforceability may be limited by general principles of equity (whether
      considered in a proceeding at law or in equity);

     

    (ii)   Immediately
      prior to the sale and assignment by the Depositor to the Trustee on behalf
      of
      the Trust of each Mortgage Loan, the Depositor had good and marketable title
      to
      each Mortgage Loan (insofar as such title was conveyed to it by the Seller)
      subject to no prior lien, claim, participation interest, mortgage, security
      interest, pledge, charge or other encumbrance or other interest of any
      nature;

     

    (iii)  As
      of the
      Closing Date, the Depositor has transferred all right, title and interest in
      the
      Mortgage Loans to the Trustee on behalf of the Trust;

     

    (iv)  The
      Depositor has not transferred the Mortgage Loans to the Trustee on behalf of
      the
      Trust with any intent to hinder, delay or defraud any of its
      creditors;

     

    (v)  The
      Depositor has been duly incorporated and is validly existing as a corporation
      in
      good standing under the laws of Delaware, with full corporate power and
      authority to own its assets and conduct its business as presently being
      conducted;

     

    (vi)  The
      Depositor is not in violation of its articles of incorporation or by-laws or
      in
      default in the performance or observance of any material obligation, agreement,
      covenant or condition contained in any contract, indenture, mortgage, loan
      agreement, note, lease or other instrument to which the Depositor is a party
      or
      by which it or its properties may be bound, which default might result in any
      material adverse changes in the financial condition, earnings, affairs or
      business of the Depositor or which might materially and adversely affect the
      properties or assets, taken as a whole, of the Depositor;

     

    (vii)  The
      execution, delivery and performance of this Agreement by the Depositor, and
      the
      consummation of the transactions contemplated thereby, do not and will not
      result in a material breach or violation of any of the terms or provisions
      of,
      or, to the knowledge of the Depositor, constitute a default under, any
      indenture, mortgage, deed of trust, loan agreement or other agreement or
      instrument to which the Depositor is a party or by which the Depositor is bound
      or to which any of the property or assets of the Depositor is subject, nor
      will
      such actions result in any violation of the provisions of the articles of
      incorporation or by-laws of the Depositor or, to the best of the Depositor’s
      knowledge without independent investigation, any statute or any order, rule
      or
      regulation of any court or governmental agency or body having jurisdiction
      over
      the Depositor or any of its properties or assets (except for such conflicts,
      breaches, violations and defaults as would not have a material adverse effect
      on
      the ability of the Depositor to perform its obligations under this
      Agreement);

     

    (viii)  To
      the
      best of the Depositor’s knowledge without any independent investigation, no
      consent, approval, authorization, order, registration or qualification of or
      with any court or governmental agency or body of the United States or any other
      jurisdiction is required for the issuance of the Certificates, or the
      consummation by the Depositor of the other transactions contemplated by this
      Agreement, except such consents, approvals, authorizations, registrations or
      qualifications as (a) may be required under State securities or Blue Sky laws,
      (b) have been previously obtained or (c) the failure of which to obtain would
      not have a material adverse effect on the performance by the Depositor of its
      obligations under, or the validity or enforceability of, this Agreement;
      and

     

    (ix)  There
      are
      no actions, proceedings or investigations pending before or, to the Depositor’s
      knowledge, threatened by any court, administrative agency or other tribunal
      to
      which the Depositor is a party or of which any of its properties is the subject:
      (a) which if determined adversely to the Depositor would have a material adverse
      effect on the business, results of operations or financial condition of the
      Depositor; (b) asserting the invalidity of this Agreement or the Certificates;
      (c) seeking to prevent the issuance of the Certificates or the consummation
      by
      the Depositor of any of the transactions contemplated by this Agreement, as
      the
      case may be; or (d) which might materially and adversely affect the performance
      by the Depositor of its obligations under, or the validity or enforceability
      of,
      this Agreement.

     

    
      	SECTION
              2.07  	
              Issuance
                of Certificates.

            

    

     

    The
      Trustee acknowledges the assignment to it of the Mortgage Loans and the delivery
      to it of the Mortgage Files, subject to the provisions of Sections 2.01 and
      2.02, together with the assignment to it of all other assets included in the
      Trust Fund, receipt of which is hereby acknowledged. Concurrently with such
      assignment and delivery and in exchange therefor, the Trust Administrator,
      pursuant to the written request of the Depositor executed by an officer of
      the
      Depositor, has executed, authenticated and delivered to or upon the order of
      the
      Depositor, the Certificates in authorized denominations. The interests evidenced
      by the Certificates constitute the entire beneficial ownership interest in
      the
      Trust Fund.

     

    
      	SECTION
              2.08  	
              Authorization
                to Enter into Basis Risk Cap Agreement, Interest Rate Cap Agreement
                and
                Interest Rate Swap Agreement.

            

    

     

    (a)  The
      Trust
      Administrator is hereby directed to execute and deliver the Basis Risk Cap
      Agreement on behalf of Party B (as defined therein) and to exercise the rights,
      perform the obligations, and make the representations of Party B thereunder,
      solely in its capacity as Trust Administrator on behalf of Party B (as defined
      therein) and not in its individual capacity. Ocwen, the Depositor and the
      Certificateholders (by acceptance of their Certificates) acknowledge and agree
      that (i) the Trust Administrator shall execute and deliver the Basis Risk Cap
      Agreement on behalf of Party B (as defined therein) and (ii) the Trust
      Administrator shall exercise the rights, perform the obligations, and make
      the
      representations of Party B thereunder, solely in its capacity as Trust
      Administrator on behalf of Party B as defined therein) and not in its individual
      capacity.

     

    Every
      provision of this Agreement relating to the conduct or affecting the liability
      of or affording protection to the Trust Administrator shall apply to the Trust
      Administrator’s execution of the Basis Risk Cap Agreement, and the performance
      of its duties and satisfaction of its obligations thereunder. 

     

    (b)  The
      Trust
      Administrator, not in its individual capacity but solely in its separate
      capacity as Cap Trustee, is hereby directed to exercise the rights, perform
      the
      obligations, and make any representations to be exercised, performed, or made
      by
      the Cap Trustee, as described herein. The Cap Trustee is hereby directed to
      execute and deliver the Interest Rate Cap Agreement on behalf of Party B (as
      defined therein) and to exercise the rights, perform the obligations, and make
      the representations of Party B thereunder, solely in its capacity as Cap Trustee
      on behalf of Party B (as defined therein) and not in its individual capacity.
      Ocwen, the Depositor and the Certificateholders (by acceptance of their
      Certificates) acknowledge and agree that (i) the Cap Trustee shall execute
      and
      deliver the Interest Rate Cap Agreement on behalf of Party B (as defined
      therein), (ii) the Cap Trustee shall exercise the rights, perform the
      obligations, and make the representations of Party B thereunder, solely in
      its
      capacity as Cap Trustee on behalf of Party B (as defined therein) and not in
      its
      individual capacity and (iii) the Trust Administrator on the Cap Trustee’s
      behalf shall also be entitled to exercise the rights and obligated to perform
      the obligations of Party B under the Interest Rate Cap Agreement. Every
      provision of this Agreement relating to the conduct or affecting the liability
      of or affording protection to the Trust Administrator shall apply to the Cap
      Trustee’s execution of the Interest Rate Cap Agreement, and the performance of
      its duties and satisfaction of its obligations thereunder.

     

    Every
      provision of this Agreement relating to the conduct or affecting the liability
      of or affording protection to the Trust Administrator shall apply to the Trust
      Administrator’s execution (as Cap Trustee) of the Interest Rate Cap Agreement,
      and the performance of its duties and satisfaction of its obligations
      thereunder. 

     

    (c)  The
      Trust
      Administrator, not in its individual capacity but solely in its separate
      capacity as Supplemental Interest Trust Trustee, is hereby directed to exercise
      the rights, perform the obligations, and make any representations to be
      exercised, performed, or made by the Supplemental Interest Trust Trustee, as
      described herein. The Supplemental Interest Trust Trustee is hereby directed
      to
      execute and deliver the Interest Rate Swap Agreement on behalf of Party B (as
      defined therein) and to exercise the rights, perform the obligations, and make
      the representations of Party B thereunder, solely in its capacity as
      Supplemental Interest Trust Trustee on behalf of Party B (as defined therein)
      and not in its individual capacity. Ocwen, the Depositor and the
      Certificateholders (by acceptance of their Certificates) acknowledge and agree
      that (i) the Supplemental Interest Trust Trustee shall execute and deliver
      the
      Interest Rate Swap Agreement on behalf of Party B (as defined therein), (ii)
      the
      Supplemental Interest Trust Trustee shall exercise the rights, perform the
      obligations, and make the representations of Party B thereunder, solely in
      its
      capacity as Supplemental Interest Trust Trustee on behalf of Party B (as defined
      therein) and not in its individual capacity and (iii) the Trust Administrator
      on
      the Supplemental Interest Trust Trustee’s behalf shall also be entitled to
      exercise the rights and obligated to perform the obligations of Party B under
      the Interest Rate Swap Agreement. Every provision of this Agreement relating
      to
      the conduct or affecting the liability of or affording protection to the Trust
      Administrator shall apply to the Supplemental Interest Trust Trustee’s execution
      of the Interest Rate Swap Agreement, and the performance of its duties and
      satisfaction of its obligations thereunder.

    

    Every
      provision of this Agreement relating to the conduct or affecting the liability
      of or affording protection to the Trust Administrator shall apply to the Trust
      Administrator’s execution (as Supplemental Interest Trust Trustee) of the
      Interest Rate Swap Agreement, and the performance of its duties and satisfaction
      of its obligations thereunder. 

     

    
      	SECTION
              2.09  	
              Conveyance
                of REMIC Regular Interests and Acceptance of REMIC 1, REMIC 2, REMIC
                3,
                REMIC 4, REMIC 5 and REMIC 6 by the Trustee; Issuance of
                Certificates.

            

    

     

    (a)  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 assets
      described in the definition of REMIC 1 for the benefit of the holders of the
      REMIC 1 Regular Interests (which are uncertificated) and the Class R
      Certificates (in respect of the Class R-1 Interest). The Trustee acknowledges
      receipt of the assets described in the definition of REMIC 1 and declares that
      it holds and will hold the same in trust for the exclusive use and benefit
      of
      the holders of the REMIC 1 Regular Interests and the Class R Certificates (in
      respect of the Class R-1 Interest). The interests evidenced by the Class R-1
      Interest, together with the REMIC 1 Regular Interests, constitute the entire
      beneficial ownership interest in REMIC 1.

     

    (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
      1 Regular Interests for the benefit of the holders of the REMIC 2 Regular
      Interests (which are uncertificated) and the Class R Certificates (in respect
      of
      the Class R-2 Interest). The Trustee acknowledges receipt of the REMIC 1 Regular
      Interests and declares that it holds and will hold the same in trust for the
      exclusive use and benefit of the holders of the REMIC 2 Regular Interests and
      the Class R Certificates (in respect of the Class R-2 Interest). The interests
      evidenced by the Class R-2 Interest, together with the REMIC 2 Regular
      Interests, constitute the entire beneficial ownership interest in REMIC
      2.

     

    (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
      2 Regular Interests (which are uncertificated) for the benefit of the Holders
      of
      the Regular Certificates (other than the Class C Certificates or the Class
      P
      Certificates), the
      Class
      C Interest, the Class P Interest, the Class IO Interest and
      the
      Class R Certificates (in respect of the Class R-3 Interest). The Trustee
      acknowledges receipt of the REMIC 3 Regular Interests 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 C Certificates or Class P
      Certificates), the Class C Interest, the Class P Interest, the Class IO Interest
      and the Class R Certificates (in respect of the Class R-3 Interest). The
      interests evidenced by the Class R-3 Interest, together with the Regular
      Certificates (other than the Class C Certificates or Class P Certificates),
      the
      Class C Interest, the Class P Interest and the Class IO Interest, constitute
      the
      entire beneficial ownership interest in REMIC 3.

     

    (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
      C Interest (which is uncertificated) for the benefit of the Holders of the
      Class
      C Certificates and the Class R-X Certificates (in respect of the Class R-4
      Interest). The Trustee acknowledges receipt of the Class C Interest and declares
      that it holds and will hold the same in trust for the exclusive use and benefit
      of the Holders of the Class C Certificates and the Class R-X Certificates (in
      respect of the Class R-4 Interest). The interests evidenced by the Class R-4
      Interest, together with the Class C Certificates, constitute the entire
      beneficial ownership interest in REMIC 4.

     

    (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
      P Interest (which is uncertificated) for the benefit of the Holders of the
      Class
      P Certificates and the Class R-X Certificates (in respect of the Class R-5
      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 the Holders of the Class P Certificates and the Class R-X Certificates (in
      respect of the Class R-5 Interest). The interests evidenced by the Class R-5
      Interest, together with the Class P Certificates, constitute the entire
      beneficial ownership interest in REMIC 5.

     

    (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
      IO Interest (which is uncertificated) for the benefit of the Holders of the
      REMIC 6 Regular Interest SWAP IO and the Class R-X Certificates (in respect
      of
      the Class R-6 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 the Holders of the REMIC 6 Regular Interest SWAP
      IO
      and the Class R-X Certificates (in respect of the Class R-6 Interest). The
      interests evidenced by the Class R-6 Interest, together with the REMIC 6 Regular
      Interest SWAP IO, constitute the entire beneficial ownership interest in REMIC
      6. 

     

    (g)  Concurrently
      with (i) the assignment and delivery to the Trustee of REMIC 1 and the
      acceptance by the Trustee thereof, pursuant to Section 2.01, Section 2.02 and
      subsection (a) hereof, (ii) the assignment and delivery to the Trustee of REMIC
      2 (including the Residual Interest therein represented by the Class R-2
      Interest) and the acceptance by the Trustee thereof, pursuant to subsection
      (b)
      hereof, (iii) the assignment and delivery to the Trustee of REMIC 3 (including
      the Residual Interest therein represented by the Class R-3 Interest) and the
      acceptance by the Trustee thereof, pursuant to subsection (c) hereof, (iv)
      the
      assignment and delivery to the Trustee of REMIC 4 (including the Residual
      Interest therein represented by the Class R-4 Interest) and the acceptance
      by
      the Trustee thereof, pursuant to subsection (d) hereof, (v) the assignment
      and
      delivery to the Trustee of REMIC 5 (including the Residual Interest therein
      represented by the Class R-5 Interest) and the acceptance by the Trustee
      thereof, pursuant to subsection (e) hereof, and (vi) the assignment and delivery
      to the Trustee of REMIC 6 (including the Residual Interest therein represented
      by the Class R-6 Interest) and the acceptance by the Trustee thereof, pursuant
      to subsection (f) hereof, the Trustee, pursuant to the written request of the
      Depositor executed by an officer of the Depositor, has executed, authenticated
      and delivered to or upon the order of the Depositor, (A) the Class R
      Certificates in authorized denominations evidencing the Class R-1 Interest,
      the
      Class R-2 Interest and the Class R-3 Interest and (B) the Class R-X Certificates
      in authorized denominations evidencing the Class R-4 Interest, the Class R-5
      Interest and the Class R-6 Interest.

     

     

     

    ARTICLE
      III

     

    ADMINISTRATION
      AND SERVICING

    OF
      THE
      MORTGAGE LOANS

     

    
      	SECTION
              3.01  	
              Ocwen
                to Act as a Servicer.

            

    

     

    Ocwen
      shall service and administer the Ocwen Mortgage Loans on behalf of the Trust
      and
      in the best interests of and for the benefit of the Certificateholders (as
      determined by Ocwen in its reasonable judgment) in accordance with the terms
      of
      this Agreement and such Mortgage Loans and, to the extent consistent with such
      terms, in the same manner in which it services and administers similar mortgage
      loans for its own portfolio, giving due consideration to customary and usual
      standards of practice of mortgage lenders and loan servicers administering
      similar mortgage loans but without regard to:

     

    (i)  any
      relationship that Ocwen, any Sub-Servicer or any Affiliate of Ocwen or any
      Sub-Servicer may have with the related Mortgagor;

     

    (ii)  the
      ownership or non-ownership of any Certificate by Ocwen or any Affiliate of
      Ocwen;

     

    (iii)  Ocwen’s
      obligation to make Advances or Servicing Advances; or

     

    (iv)  Ocwen’s
      or any Sub-Servicer’s right to receive compensation for its services hereunder
      or with respect to any particular transaction.

     

    To
      the
      extent consistent with the foregoing servicing standard (the “Servicing
      Standard”), Ocwen (a) shall seek the timely and complete recovery of principal
      and interest on the related Mortgage Notes and (b) may waive (or permit a
      Sub-Servicer to waive) a Prepayment Charge only under the following
      circumstances: (i) such waiver is standard and customary in servicing similar
      mortgage loans and such waiver relates to a default or a reasonably foreseeable
      default and would, in the reasonable judgment of Ocwen, maximize recovery of
      total proceeds taking into account the value of such Prepayment Charge and
      the
      related Mortgage Loan, (ii) the collection of such Prepayment Charge would
      be in
      violation of applicable laws or (iii) the amount of the Prepayment Charge set
      forth on the Prepayment Charge Schedule is not consistent with the related
      Mortgage Note or is otherwise unenforceable. If a Prepayment Charge is waived
      as
      permitted by meeting the standard described in clauses (ii) or (iii) above,
      then, as notified to the Trustee, the Trustee shall enforce the obligation
      of
      the related Originator or the Seller, as applicable, to pay the amount of such
      waived Prepayment Charge to Ocwen for deposit in the Collection Account for
      the
      benefit of the Holders of the Class P Certificates. If the related Originator
      or
      the Seller, as applicable, fails to pay the amount of such waived Prepayment
      Charge in accordance with its obligations under the related Assignment
      Agreement, the related Master Agreement or the Mortgage Loan Purchase Agreement,
      Ocwen shall notify the Trustee, and the Trustee and the Depositor shall consult
      on further actions to be taken against the Originator. Subject only to the
      above-described Servicing Standard and the terms of this Agreement and of the
      Ocwen Mortgage Loans, Ocwen shall have full power and authority, acting alone
      or
      through Sub-Servicers as provided in Section 3.02, to do or cause to be done
      any
      and all things in connection with such servicing and administration which it
      may
      deem necessary or desirable. Without limiting the generality of the foregoing,
      Ocwen in its own name or in the name of a Sub-Servicer is hereby authorized
      and
      empowered by the Trustee when Ocwen believes it appropriate in its best judgment
      in accordance with the Servicing Standard, to execute and deliver, on behalf
      of
      the Certificateholders, the Trust Fund and the Trustee 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 Ocwen
      Mortgage Loans and the related Mortgaged Properties and to institute foreclosure
      proceedings or obtain a deed-in-lieu of foreclosure so as to convert the
      ownership of such properties, and to hold or cause to be held title to such
      properties, on behalf of the Trustee and Certificateholders. Ocwen shall service
      and administer the Ocwen Mortgage Loans in accordance with applicable state
      and
      federal law and shall provide to the related Mortgagors any reports required
      to
      be provided to them thereby. Ocwen shall also comply in the performance of
      this
      Agreement with all reasonable rules and requirements of each insurer under
      any
      standard hazard insurance policy. Subject to Section 3.17, within five (5)
      days
      of the Closing Date, the Trustee shall execute, at the written request of Ocwen,
      and furnish to Ocwen and any Sub-Servicer any special or limited powers of
      attorney and other documents necessary or appropriate to enable Ocwen or any
      Sub-Servicer to carry out their servicing and administrative duties hereunder;
      provided, such limited powers of attorney or other documents shall be prepared
      by Ocwen and submitted to the Trustee for execution. The Trustee shall not
      be
      liable for the actions of Ocwen or any Sub-Servicers under such powers of
      attorney.

     

    Ocwen
      further is authorized and empowered by the Trustee, on behalf of the
      Certificateholders and the Trustee, in its own name or in the name of the
      Sub-Servicer, when Ocwen or the Sub-Servicer, as the case may be, believes
      it is
      appropriate in its best judgment to register any Mortgage Loan on the MERS®
System, or cause the removal from the registration of any Ocwen Mortgage Loan
      on
      the MERS® System, to execute and deliver, on behalf of the Trustee and the
      Certificateholders or any of them, any and all instruments of assignment and
      other comparable instruments with respect to such assignment or re-recording
      of
      a related Mortgage in the name of MERS, solely as nominee for the Trustee and
      its successors and assigns. Any reasonable expenses incurred in connection
      with
      the actions described in the preceding sentence or as a result of MERS
      discontinuing or becoming unable to continue operations in connection with
      the
      MERS® System, shall be reimbursable to Ocwen by withdrawal from the Collection
      Account pursuant to Section 3.11.

     

    Subject
      to Section 3.09 hereof, in accordance with the standards of the preceding
      paragraph, Ocwen, on escrowed accounts, shall advance or cause to be advanced
      funds as necessary for the purpose of effecting the payment of taxes and
      assessments on the Mortgaged Properties, which advances shall be Servicing
      Advances reimbursable in the first instance from related collections from the
      Mortgagors pursuant to Section 3.09, and further as provided in Section 3.11.
      Any cost incurred by Ocwen or by Sub-Servicers in effecting the payment of
      taxes
      and assessments on a Mortgaged Property shall not, for the purpose of
      calculating distributions to Certificateholders, be added to the unpaid Stated
      Principal Balance of the related Ocwen Mortgage Loan, notwithstanding that
      the
      terms of such Mortgage Loan so permit; provided, however, that (subject to
      Section 3.07) Ocwen may capitalize the amount of any Servicing Advances incurred
      pursuant to this Section 3.01 in connection with the modification of a Mortgage
      Loan.

     

    Notwithstanding
      anything in this Agreement to the contrary, Ocwen may not make any future
      advances with respect to an Ocwen Mortgage Loan (except as provided in Section
      4.04) and Ocwen shall not (i) permit any modification with respect to any
      Mortgage Loan that would change the Mortgage Rate, reduce or increase the Stated
      Principal Balance (except for reductions resulting from actual payments of
      principal) or change the final maturity date on such Ocwen Mortgage Loan
      (unless, in any such case, the Mortgagor is in default with respect to the
      Ocwen
      Mortgage Loan or such default is, in the judgment of Ocwen, reasonably
      foreseeable) or (ii) permit any modification, waiver or amendment of any term
      of
      any Ocwen Mortgage Loan that would both (A) effect an exchange or reissuance
      of
      such Ocwen Mortgage Loan under Section 1001 of the Code (or Treasury regulations
      promulgated thereunder) and (B) cause any REMIC created hereunder to fail to
      qualify as a REMIC under the Code or the imposition of any tax on “prohibited
      transactions” or “contributions after the startup date” under the REMIC
      Provisions.

     

    Notwithstanding
      anything in this Agreement to the contrary and notwithstanding its ability
      to do
      so pursuant to the terms of the related mortgage note, Ocwen shall not be
      required to enforce any provision in any mortgage note the enforcement of which
      would violate federal, state or local laws or ordinances designed to discourage
      predatory lending practices.

     

    Ocwen
      may
      delegate its responsibilities under this Agreement; provided, however, that
      no
      such delegation shall release Ocwen from the responsibilities or liabilities
      arising under this Agreement.

     

    
      	SECTION
              3.02  	
              Sub-Servicing
                Agreements Between Ocwen and Sub-Servicers;
                Subcontractors.

            

    

     

    (a)  Ocwen
      may
      enter into Sub-Servicing Agreements with Sub-Servicers, which may be Affiliates
      of Ocwen, for the performance of a substantial portion of the material servicing
      and administration of the Ocwen Mortgage Loans; provided, however, such
      sub-servicing arrangement and the terms of the related Sub-Servicing Agreement
      must provide for the servicing of the Ocwen Mortgage Loans in a manner
      consistent with the servicing arrangement contemplated hereunder. The Trustee
      is
      hereby authorized to acknowledge, at the request of Ocwen, any Sub-Servicing
      Agreement. No such acknowledgment shall be deemed to imply that the Trustee
      has
      consented to any such Sub-Servicing Agreement, has passed upon whether such
      Sub-Servicing Agreement meets the requirements applicable to Sub-Servicing
      Agreements set forth in this Agreement or has passed upon whether such
      Sub-Servicing Agreement is otherwise permitted under this
      Agreement.

     

    Each
      Sub-Servicer shall be (i) authorized to transact business in the state or states
      where the related Mortgaged Properties it is to service are situated, if and
      to
      the extent required by applicable law to enable the Sub-Servicer to perform
      its
      obligations hereunder and under the Sub-Servicing Agreement and (ii) a Freddie
      Mac or Fannie Mae approved mortgage servicer. Each Sub-Servicing Agreement
      must
      impose on the Sub-Servicer requirements conforming to the provisions set forth
      in Section 3.08 and provide for servicing of the Ocwen Mortgage Loans consistent
      with the terms of this Agreement. Ocwen will examine each Sub-Servicing
      Agreement and will be familiar with the terms thereof. The terms of any
      Sub-Servicing Agreement will not be inconsistent with any of the provisions
      of
      this Agreement. Any variation in any Sub-Servicing Agreements from the
      provisions set forth in Section 3.08 relating to insurance or priority
      requirements of Sub-Servicing Accounts, or credits and charges to the
      Sub-Servicing Accounts or the timing and amount of remittances by the
      Sub-Servicers to Ocwen, are conclusively deemed to be inconsistent with this
      Agreement and therefore prohibited. Ocwen shall deliver to the Trustee, the
      Trust Administrator and the Master Servicer copies of all Sub-Servicing
      Agreements, and any amendments or modifications thereof, promptly upon Ocwen’s
      execution and delivery of such instruments.

     

    (b)  As
      part
      of its servicing activities hereunder, Ocwen, for the benefit of the Trustee
      and
      the Certificateholders, shall enforce the obligations of each Sub-Servicer
      under
      the related Sub-Servicing Agreement, including, without limitation, any
      obligation to make advances in respect of delinquent payments as required by
      a
      Sub-Servicing Agreement. Such enforcement, including, without limitation, the
      legal prosecution of claims, termination of Sub-Servicing Agreements, and the
      pursuit of other appropriate remedies, shall be in such form and carried out
      to
      such an extent and at such time as Ocwen, in its good faith business judgment,
      would require were it the owner of the related Ocwen Mortgage Loans. Ocwen
      shall
      pay the costs of such enforcement at its own expense, and shall be reimbursed
      therefor only (i) from a general recovery resulting from such enforcement,
      to
      the extent, if any, that such recovery exceeds all amounts due in respect of
      the
      related Ocwen Mortgage Loans, or (ii) from a specific recovery of costs,
      expenses or attorneys’ fees against the party against whom such enforcement is
      directed.

     

    (c)  It
      shall
      not be necessary for Ocwen to seek the consent of the Depositor, the Master
      Servicer, the Trust Administrator or the Trustee for the utilization of any
      Subcontractor. Ocwen shall promptly, upon request, provide to the Depositor,
      the
      Master Servicer and the Trust Administrator a written description (in form
      and
      substance satisfactory to the Depositor, the Master Servicer and the Trust
      Administrator) of the role and function of each Subcontractor utilized by Ocwen
      or any Sub-Servicer, specifying (i) the identity of each such Subcontractor,
      (ii) which (if any) of such Subcontractors are “participating in the servicing
      function” within the meaning of Item 1122 of Regulation AB and (iii) which
      elements of the Relevant Servicing Criteria will be addressed in assessments
      of
      compliance provided by each Subcontractor. 

     

    (d)  As
      a
      condition to the utilization of any Subcontractor determined to be
“participating in the servicing function” within the meaning of Item 1122 of
      Regulation AB, Ocwen shall cause any such Subcontractor used by Ocwen (or by
      any
      Sub-Servicer) for the benefit of the Depositor, the Master Servicer and the
      Trust Administrator to comply with the provisions of Section 3.20, 3.21 and
      4.05
      of this Agreement to the same extent as if the Subcontractor were Ocwen. Ocwen
      shall be responsible for obtaining from each Subcontractor and delivering to
      the
      Depositor, the Master Servicer and the Trust Administrator any assessment of
      compliance and attestation required to be delivered by such Subcontractor under
      Section 3.21, in each case as and when required to be delivered.

     

    
      	SECTION
              3.03  	
              Successor
                Sub-Servicers.

            

    

     

    Ocwen,
      shall be entitled to terminate any Sub-Servicing Agreement and the rights and
      obligations of any Sub-Servicer pursuant to any Sub-Servicing Agreement in
      accordance with the terms and conditions of such Sub-Servicing Agreement. In
      the
      event of termination of any Sub-Servicer, all servicing obligations of such
      Sub-Servicer shall be assumed simultaneously by Ocwen without any act or deed
      on
      the part of such Sub-Servicer or Ocwen, and Ocwen either shall service directly
      the related Mortgage Loans or shall enter into a Sub-Servicing Agreement with
      a
      successor Sub-Servicer which qualifies under Section 3.02.

     

    Any
      Sub-Servicing Agreement shall include the provision that such agreement may
      be
      immediately terminated by Ocwen or the Master Servicer (if the Master Servicer
      is acting as Servicer) without fee, in accordance with the terms of this
      Agreement, in the event that Ocwen (or the Master Servicer, if it is then acting
      as Servicer) shall, for any reason, no longer be Ocwen (including termination
      due to a Servicer Event of Termination).

     

    
      	SECTION
              3.04  	
              Liability
                of Ocwen.

            

    

     

    Notwithstanding
      any Sub-Servicing Agreement, any of the provisions of this Agreement relating
      to
      agreements or arrangements between Ocwen and a Sub-Servicer or reference to
      actions taken through a Sub-Servicer or otherwise, Ocwen shall remain obligated
      and primarily liable to the Trustee and the Certificateholders for the servicing
      and administering of the Ocwen Mortgage Loans in accordance with the provisions
      of Section 3.01 without diminution of such obligation or liability by virtue
      of
      such Sub-Servicing Agreements or arrangements or by virtue of indemnification
      from the Sub-Servicer and to the same extent and under the same terms and
      conditions as if Ocwen alone were servicing and administering the Ocwen Mortgage
      Loans. Ocwen shall be entitled to enter into any agreement with a Sub- Servicer
      for indemnification of Ocwen by such Sub-Servicer and nothing contained in
      this
      Agreement shall be deemed to limit or modify such indemnification.

     

    
      	SECTION
              3.05  	
              No
                Contractual Relationship Between Sub-Servicers and the Trustee, the
                Trust
                Administrator, the NIMS Insurer or
                Certificateholders.

            

    

     

    Any
      Sub-Servicing Agreement that may be entered into and any transactions or
      services relating to the Ocwen Mortgage Loans involving a Sub-Servicer in its
      capacity as such shall be deemed to be between the Sub-Servicer and Ocwen alone,
      and the NIMS Insurer, the Trustee, the Master Servicer, the Trust Administrator
      and the Certificateholders shall not be deemed parties thereto and shall have
      no
      claims, rights, obligations, duties or liabilities with respect to the
      Sub-Servicer except as set forth in Section 3.06. Ocwen shall be solely liable
      for all fees owed by it to any Sub-Servicer, irrespective of whether Ocwen’s
      compensation pursuant to this Agreement is sufficient to pay such
      fees.

     

    
      	SECTION
              3.06  	
              Assumption
                or Termination of Sub-Servicing Agreements by Master
                Servicer.

            

    

     

    In
      the
      event Ocwen shall for any reason no longer be a Servicer (including by reason
      of
      the occurrence of a Servicer Event of Termination), the Master Servicer
(or
      another successor master servicer)
      shall
      thereupon assume all of the rights and obligations of Ocwen under each
      Sub-Servicing Agreement that Ocwen may have entered into, unless the Master
      Servicer elects to terminate any Sub-Servicing Agreement in accordance with
      its
      terms as provided in Section 3.03. Upon such assumption, the Master Servicer
      (or
      another successor master servicer) shall be deemed, subject to Section 3.03,
      to
      have assumed all of Ocwen’s interest therein and to have replaced Ocwen as a
      party to each Sub-Servicing Agreement to the same extent as if each
      Sub-Servicing Agreement had been assigned to the assuming party, except that
      (i)
      Ocwen shall not thereby be relieved of any liability or obligations under any
      Sub-Servicing Agreement and (ii) none of the Trust Administrator, its designee
      or any successor Servicer shall be deemed to have assumed any liability or
      obligation of Ocwen that arose before it ceased to be a Servicer.

     

    Ocwen
      at
      its expense shall, upon request of the Master Servicer, deliver to the assuming
      party all documents and records relating to each Sub-Servicing Agreement and
      the
      Ocwen Mortgage Loans then being serviced and an accounting of amounts collected
      and held by or on behalf of it, and otherwise use its best efforts to effect
      the
      orderly and efficient transfer of the Sub-Servicing Agreements to the assuming
      party.

     

    
      	SECTION
              3.07  	
              Collection
                of Certain Mortgage Loan Payments.

            

    

     

    Ocwen
      shall make reasonable efforts, in accordance with the Servicing Standard, to
      collect all payments called for under the terms and provisions of the Ocwen
      Mortgage Loans and the provisions of any applicable insurance policies provided
      to Ocwen. Consistent with the foregoing, Ocwen may in its discretion (i) waive
      any late payment charge or, if applicable, any penalty interest or any
      provisions of any Ocwen Mortgage Loan requiring the related Mortgagor to submit
      to mandatory arbitration with respect to disputes arising thereunder, or (ii)
      extend the due dates for the Monthly Payments due on a Mortgage Note for a
      period of not greater than 180 days; provided, however, that any extension
      pursuant to clause (ii) above shall not affect the amortization schedule of
      any
      Ocwen Mortgage Loan for purposes of any computation hereunder, except as
      provided below. In the event of any such arrangement pursuant to clause (ii)
      above, Ocwen shall make timely Advances on such Mortgage Loan during such
      extension pursuant to Section 4.04 and in accordance with the amortization
      schedule of such Ocwen Mortgage Loan without modification thereof by reason
      of
      such arrangement. Notwithstanding the foregoing, in the event that any Ocwen
      Mortgage Loan is in default or, in the judgment of Ocwen, such default is
      reasonably foreseeable, Ocwen, consistent with the Servicing Standards, may
      also
      waive, modify or vary any term of such Ocwen Mortgage Loan (including, but
      not
      limited to, modifications that would change the Mortgage Rate, forgive the
      payment of principal or interest or extend the final maturity date of such
      Ocwen
      Mortgage Loan), accept payment from the related Mortgagor of an amount less
      than
      the Stated Principal Balance in final satisfaction of such Ocwen Mortgage Loan,
      or consent to the postponement of strict compliance with any such term or
      otherwise grant indulgence to any Mortgagor (any and all such waivers,
      modifications, variances, forgiveness of principal or interest, postponements,
      or indulgences collectively referred to herein as “forbearance”); provided,
      however, Ocwen shall not modify any Ocwen Mortgage Loan in a manner that would
      capitalize the amount of any unpaid Monthly Payments or tax or insurance
      payments advanced by Ocwen on the Mortgagor’s behalf unless the related
      Mortgagor shall have remitted an amount equal to a full Monthly Payment (or,
      in
      the case of any Ocwen Mortgage Loan subject to a forbearance plan or bankruptcy
      plan, a full modified monthly payment under such plan) in each of the three
      calendar months immediately preceding the month of such modification. Ocwen’s
      analysis supporting any forbearance and the conclusion that any forbearance
      meets the standards of Section 3.01 shall be reflected in writing in the
      Mortgage File or Ocwen’s books and records.

     

    
      	SECTION
              3.08  	
              Sub-Servicing
                Accounts.

            

    

     

    In
      those
      cases where a Sub-Servicer is servicing an Ocwen Mortgage Loan pursuant to
      a
      Sub-Servicing Agreement, the Sub-Servicer will be required to establish and
      maintain one or more accounts (collectively, the “Sub-Servicing Account”). The
      Sub-Servicing Account shall be an Eligible Account and shall comply with all
      requirements of this Agreement relating to the Collection Account. The
      Sub-Servicer shall deposit in the clearing account in which it customarily
      deposits payments and collections on mortgage loans in connection with its
      mortgage loan servicing activities on a daily basis, and in no event more than
      one Business Day after the Sub-Servicer’s receipt thereof, all proceeds of Ocwen
      Mortgage Loans received by the Sub-Servicer less its servicing compensation
      to
      the extent permitted by the Sub-Servicing Agreement, and shall thereafter
      deposit such amounts in the Sub-Servicing Account, in no event more than two
      Business Days after the receipt of such amounts. The Sub-Servicer shall
      thereafter deposit such proceeds in the Collection Account or remit such
      proceeds to Ocwen for deposit in the Collection Account not later than two
      Business Days after the deposit of such amounts in the Sub-Servicing Account.
      For purposes of this Agreement, Ocwen shall be deemed to have received payments
      on the Mortgage Loans when the Sub-Servicer receives such payments.

     

    
      	SECTION
              3.09  	
              Collection
                of Taxes, Assessments and Similar Items; Servicing
                Accounts.

            

    

     

    Ocwen
      shall establish and maintain, or cause to be established and maintained, one
      or
      more accounts (the “Servicing Accounts”), into which all Escrow Payments shall
      be deposited and retained. Servicing Accounts shall be Eligible Accounts. Ocwen
      shall deposit in the clearing account in which it customarily deposits payments
      and collections on mortgage loans in connection with its mortgage loan servicing
      activities on a daily basis, and in no event more than the second Business
      Day
      after Ocwen’s receipt thereof, all Escrow Payments collected on account of the
      Ocwen Mortgage Loans and shall thereafter deposit such Escrow Payments in the
      Servicing Accounts, in no event more than two Business Days after the receipt
      of
      such Escrow Payments, all Escrow Payments collected on account of the Mortgage
      Loans for the purpose of effecting the payment of any such items as required
      under the terms of this Agreement. Withdrawals of amounts from a Servicing
      Account may be made only to (i) effect payment of taxes, assessments, hazard
      insurance premiums, and comparable items in a manner and at a time that assures
      that the lien priority of the Mortgage is not jeopardized (or, with respect
      to
      the payment of taxes, in a manner and at a time that avoids the loss of the
      Mortgaged Property due to a tax sale or the foreclosure as a result of a tax
      lien); (ii) reimburse Ocwen (or a Sub-Servicer to the extent provided in the
      related Sub-Servicing Agreement) out of related collections for any Servicing
      Advances made pursuant to Section 3.01 (with respect to taxes and assessments)
      and Section 3.14 (with respect to hazard insurance); (iii) refund to Mortgagors
      any sums as may be determined to be overages; (iv) pay interest, if required
      and
      as described below, to Mortgagors on balances in the Servicing Account; or
      (v)
      clear and terminate the Servicing Account at the termination of Ocwen’s
      obligations and responsibilities in respect of the Ocwen Mortgage Loans under
      this Agreement in accordance with Article X. In the event Ocwen shall deposit
      in
      a Servicing Account any amount not required to be deposited therein, it may
      at
      any time withdraw such amount from such Servicing Account, any provision herein
      to the contrary notwithstanding. Ocwen will be responsible for the
      administration of the Servicing Accounts and will be obligated to make Servicing
      Advances to such accounts when and as necessary to avoid the lapse of insurance
      coverage on the Mortgaged Property, or which Ocwen knows, or in the exercise
      of
      the required standard of care of Ocwen hereunder should know, is necessary
      to
      avoid the loss of the Mortgaged Property due to a tax sale or the foreclosure
      as
      a result of a tax lien. If any such payment has not been made and Ocwen receives
      notice of a tax lien with respect to the Mortgage being imposed, Ocwen will,
      within a reasonable time following receipt of such notice, advance or cause
      to
      be advanced funds necessary to discharge such lien on the Mortgaged Property.
      As
      part of its servicing duties, Ocwen or Sub-Servicers shall pay to the Mortgagors
      interest on funds in the Servicing Accounts, to the extent required by law
      and,
      to the extent that interest earned on funds in the Servicing Accounts is
      insufficient, to pay such interest from its or their own funds, without any
      reimbursement therefor. Ocwen may pay to itself any excess interest on funds
      in
      the Servicing Accounts, to the extent such action is in conformity with the
      Servicing Standard, is permitted by law and such amounts are not required to
      be
      paid to Mortgagors or used for any of the other purposes set forth
      above.

     

    
      	SECTION
              3.10  	
              Collection
                Account.

            

    

     

    (a)  On
      behalf
      of the Trust Fund, Ocwen shall establish and maintain, or cause to be
      established and maintained, one or more accounts (such account or accounts,
      the
“Collection Account”), held in trust for the benefit of the Trustee and the
      Certificateholders. On behalf of the Trust Fund, Ocwen shall deposit or cause
      to
      be deposited in the clearing account in which it customarily deposits payments
      and collections on mortgage loans in connection with its mortgage loan servicing
      activities on a daily basis, and in no event more than one Business Day after
      Ocwen’s receipt thereof, and shall thereafter deposit in the Collection Account,
      in no event more than two Business Days after Ocwen’s receipt thereof, as and
      when received or as otherwise required hereunder, the following payments and
      collections received or made by it subsequent to the Cut-off Date (other than
      in
      respect of principal or interest on the Ocwen Mortgage Loans due on or before
      the Cut-off Date) or payments (other than Principal Prepayments) received by
      it
      on or prior to the Cut-off Date but allocable to a Due Period subsequent
      thereto:

     

    (i)  all
      payments on account of principal, including Principal Prepayments (but not
      Prepayment Charges), on the Ocwen Mortgage Loans;

     

    (ii)  all
      payments on account of interest (net of the Servicing Fee) on each Ocwen
      Mortgage Loan;

     

    (iii)  all
      Insurance Proceeds, Liquidation Proceeds, Subsequent Recoveries and condemnation
      proceeds (other than proceeds collected in respect of any particular REO
      Property and amounts paid in connection with a purchase of Ocwen Mortgage Loans
      and related REO Properties pursuant to Section 10.01);

     

    (iv)  any
      amounts required to be deposited pursuant to Section 3.12 in connection with
      any
      losses realized on Permitted Investments with respect to funds held in the
      Collection Account;

     

    (v)  any
      amounts required to be deposited by Ocwen pursuant to the second paragraph
      of
      Section 3.14(a) in respect of any blanket policy deductibles;

     

    (vi)  all
      proceeds of any Ocwen Mortgage Loan repurchased or purchased in accordance
      with
      Section 2.03, Section 3.16(c) or Section 10.01;

     

    (vii)  all
      amounts required to be deposited in connection with Substitution Adjustments
      pursuant to Section 2.03; and

     

    (viii)  all
      Prepayment Charges collected by Ocwen and any Servicer Prepayment Charge Payment
      Amounts in connection with the Principal Prepayment of any of the Ocwen Mortgage
      Loans.

     

    The
      foregoing requirements for deposit in the Collection Account shall be exclusive,
      it being understood and agreed that, without limiting the generality of the
      foregoing, payments in the nature of Servicing Fees, late payment charges,
      assumption fees, insufficient funds charges, Prepayment Interest Excess and
      ancillary income (other than Prepayment Charges) on the Ocwen Mortgage Loans
      need not be deposited by Ocwen in the Collection Account and may be retained
      by
      Ocwen as additional compensation. In the event Ocwen shall deposit in the
      Collection Account any amount not required to be deposited therein, it may
      at
      any time withdraw such amount from the Collection Account, any provision herein
      to the contrary notwithstanding.

     

    (b)  Funds
      in
      the Collection Account may be invested in Permitted Investments in accordance
      with the provisions set forth in Section 3.12. Ocwen shall give written notice
      to the Trust Administrator and the Master Servicer of the location of the
      Collection Account maintained by it when established and prior to any change
      thereof. The Trust Administrator will then provide timely written notice to
      the
      Depositor and the Trustee.

     

    (c)  Funds
      held in the Collection Account at any time may be delivered by Ocwen to the
      Trust Administrator for deposit in an account (which may be the Distribution
      Account and must satisfy the standards for the Distribution Account as set
      forth
      in the definition thereof) and for all purposes of this Agreement shall be
      deemed to be a part of the Collection Account; provided, however, that the
      Trust
      Administrator shall have the sole authority to withdraw any funds held pursuant
      to this subsection (c). In the event Ocwen shall deliver to the Trust
      Administrator for deposit in the Distribution Account any amount not required
      to
      be deposited therein, it may at any time request that the Trust Administrator
      withdraw such amount from the Distribution Account and remit to it any such
      amount, any provision herein to the contrary notwithstanding. In addition,
      Ocwen, with respect to items (i) through (iv) below, shall deliver to the Trust
      Administrator from time to time for deposit, and the Trust Administrator, with
      respect to items (i) through (iv) below, shall so deposit, in the Distribution
      Account:

     

    (i)  any
      Advances, as required pursuant to Section 4.04;

     

    (ii)  any
      amounts required to be deposited pursuant to Section 3.23(d) or (f) in
      connection with any REO Property;

     

    (iii)  any
      amounts to be paid by Ocwen in connection with a purchase of Ocwen Mortgage
      Loans and related REO Properties pursuant to Section 10.01;

     

    (iv)  any
      Compensating Interest to be deposited pursuant to Section 3.24 in connection
      with any Prepayment Interest Shortfall; and

     

    (v)  any
      amounts required to be paid to the Trust Administrator pursuant to the
      Agreement, including, but not limited to Section 3.06 and Section
      7.02.

     

    
      	SECTION
              3.11  	
              Withdrawals
                from the Collection Account.

            

    

     

    Ocwen
      shall, from time to time, make withdrawals from the Collection Account for
      any
      of the following purposes, without priority, or as described in Section
      4.03:

     

    (i)  to
      remit
      to the Trust Administrator on the Servicer Remittance Date for deposit in the
      Distribution Account the amounts required to be so remitted pursuant to Section
      3.10(b) or permitted to be so remitted pursuant to the first sentence of Section
      3.10(c);

     

    (ii)  subject
      to Section 3.16(d), to reimburse Ocwen for (a) any unreimbursed Advances to
      the
      extent of amounts received which represent Late Collections (net of the related
      Servicing Fees), Liquidation Proceeds and Insurance Proceeds on Ocwen Mortgage
      Loans or related REO Properties with respect to which such Advances were made
      in
      accordance with the provisions of Section 4.04; or (b) without limiting any
      right of withdrawal set forth in clause (vi) below, any unreimbursed Advances
      that, upon a Final Recovery Determination with respect to such Ocwen Mortgage
      Loan, are Nonrecoverable Advances, but only to the extent that Late Collections
      (net of the related Servicing Fees), Liquidation Proceeds and Insurance Proceeds
      received with respect to such Ocwen Mortgage Loan are insufficient to reimburse
      Ocwen for such unreimbursed Advances;

     

    (iii)  subject
      to Section 3.16(d), to pay Ocwen or any Sub-Servicer (a) any unpaid Servicing
      Fees, (b) any unreimbursed Servicing Advances with respect to each Ocwen
      Mortgage Loan, but only to the extent of any Late Collections, Liquidation
      Proceeds and Insurance Proceeds received with respect to such Ocwen Mortgage
      Loan or related REO Property, and (c) without limiting any right of withdrawal
      set forth in clause (vi) below, any Servicing Advances made with respect to
      an
      Ocwen Mortgage Loan that, upon a Final Recovery Determination with respect
      to
      such Ocwen Mortgage Loan are Nonrecoverable Advances, but only to the extent
      that Late Collections, Liquidation Proceeds and Insurance Proceeds received
      with
      respect to such Ocwen Mortgage Loan are insufficient to reimburse Ocwen or
      any
      Sub-Servicer for Servicing Advances;

     

    (iv)  to
      pay to
      Ocwen as servicing compensation (in addition to the Servicing Fee) on a Servicer
      Remittance Date any interest or investment income earned on funds deposited
      in
      the Collection Account; 

     

    (v)  to
      pay to
      Ocwen or the Seller, as the case may be, with respect to each Ocwen Mortgage
      Loan that has previously been purchased or replaced pursuant to Section 2.03
      or
      Section 3.16(c) all amounts received thereon subsequent to the date of purchase
      or substitution, as the case may be;

     

    (vi)  to
      reimburse Ocwen for any Advance or Servicing Advance previously made which
      Ocwen
      has determined to be a Nonrecoverable Advance or Nonrecoverable Servicing
      Advance in accordance with the provisions of Section 4.03; 

     

    (vii)  to
      reimburse Ocwen, the Master Servicer or the Depositor for expenses incurred
      by
      or reimbursable to Ocwen, the Master Servicer or the Depositor, as the case
      may
      be, pursuant to Section 6.03; 

     

    (viii)  to
      reimburse Ocwen, the Trust Administrator, the Master Servicer or the Trustee,
      as
      the case may be, for expenses reasonably incurred in respect of the breach
      or
      defect giving rise to the purchase obligation under Section 2.03 of this
      Agreement that were included in the Purchase Price of the Ocwen
      Mortgage
      Loan, including any expenses arising out of the enforcement of the purchase
      obligation; 

     

    (ix)  to
      reimburse Ocwen for any unpaid Servicing Fees to the extent not recoverable
      from
      Late Collections, Liquidation Proceeds or Insurance Proceeds received with
      respect to the related Ocwen Mortgage Loan under Section 3.11(iii);

     

    (x)  to
      pay,
      or to reimburse Ocwen for advances in respect of expenses incurred in connection
      with any Ocwen Mortgage Loan pursuant to Section 3.16(b); 

     

    (xi)  to
      pay
      itself any Prepayment Interest Excess; and

     

    (xii)  to
      clear
      and terminate the Collection Account pursuant to Section 9.01.

     

    The
      foregoing requirements for withdrawal from the Collection Account shall be
      exclusive. In the event Ocwen shall deposit in the Collection Account any amount
      not required to be deposited therein, it may at any time withdraw such amount
      from the Collection Account, any provision herein to the contrary
      notwithstanding.

     

    With
      respect to the Ocwen Mortgage Loans, Ocwen shall keep and maintain separate
      accounting, on a Mortgage Loan by Mortgage Loan basis, for the purpose of
      justifying any withdrawal from the Collection Account, to the extent held by
      or
      on behalf of it, pursuant to subclauses (ii), (iii), (iv), (v), (vi), (viii)
      and
      (ix) above. Ocwen shall provide written notification to the Trust Administrator,
      on or prior to the next succeeding Servicer Remittance Date, upon making any
      withdrawals from the Collection Account pursuant to subclause (vi) above;
      provided that a Servicing Officer certification in the form described under
      Section 4.04(d) shall suffice for such written notification to the Trustee
      in
      respect hereof.

     

    
      	SECTION
              3.12  	
              Investment
                of Funds in the Collection Account.

            

    

     

    (a)  Ocwen
      may
      direct any depository institution maintaining the Collection Account and any
      REO
      Account (for purposes of this Section 3.12, such account an “Investment
      Account”) to invest the funds in such Investment Account in one or more
      Permitted Investments specified in such instruction bearing interest or sold
      at
      a discount, and maturing, unless payable on demand, (i) no later than the
      Business Day immediately preceding the date on which such funds are required
      to
      be withdrawn from such account pursuant to this Agreement, if a Person other
      than the Trust Administrator is the obligor thereon, and (ii) no later than
      the
      date on which such funds are required to be withdrawn from such account pursuant
      to this Agreement, if the Trust Administrator is the obligor thereon. All such
      Permitted Investments shall be held to maturity, unless payable on demand.
      Any
      investment of funds in an Investment Account shall be made in the name of the
      Trust Administrator (in its capacity as such) or in the name of a nominee of
      the
      Trust Administrator. The Trust Administrator shall be entitled to sole
      possession (except with respect to investment direction of funds held in any
      Investment Account and any income and gain realized thereon) over each such
      investment, and any certificate or other instrument evidencing any such
      investment shall be delivered directly to the Trust Administrator or its agent,
      together with any document of transfer necessary to transfer title to such
      investment to the Trust Administrator or its nominee. In the event amounts
      on
      deposit in an Investment Account are at any time invested in a Permitted
      Investment payable on demand, the Trust Administrator shall:

     

    (x) consistent
      with any notice required to be given thereunder, demand that payment thereon
      be
      made on the last day such Permitted Investment may otherwise mature hereunder
      in
      an amount equal to the lesser of (1) all amounts then payable thereunder and
      (2)
      the amount required to be withdrawn on such date; and

     

    (y) demand
      payment of all amounts due thereunder promptly upon determination by a
      Responsible Officer of the Trust Administrator that such Permitted Investment
      would not constitute a Permitted Investment in respect of funds thereafter
      on
      deposit in the Investment Account.

     

    (b)  All
      income and gain realized from the investment of funds deposited in the
      Collection Account and any REO Account held by or on behalf of Ocwen, shall
      be
      for the benefit of Ocwen and shall be subject to its withdrawal in accordance
      with Section 3.11 or Section 3.23, as applicable. Ocwen shall deposit in the
      Collection Account or any REO Account, as applicable, the amount of any loss
      of
      principal incurred in respect of any such Permitted Investment made with funds
      in such accounts immediately upon realization of such loss.

     

    (c)  Except
      as
      otherwise expressly provided in this Agreement, if any default occurs in the
      making of a payment due under any Permitted Investment, or if a default occurs
      in any other performance required under any Permitted Investment, the Trust
      Administrator may and, subject to Section 8.01 and Section 8.02(a)(v), upon
      the
      request of the Holders of Certificates representing more than 50% of the Voting
      Rights allocated to any Class of Certificates, shall take such action as may
      be
      appropriate to enforce such payment or performance, including the institution
      and prosecution of appropriate proceedings. 

    

      (d)  The
        Trust
        Administrator is hereby directed to invest all amounts on deposit in the
        Distribution Account during the Float Period in Permitted Investments of
        the
        type set forth in clause (vi) of the definition thereof. All such amounts
        in the
        Distribution Account shall be invested in the Wells Fargo Advantage Government
        Money Market Fund. All income and gain realized from the investment of funds
        deposited in the Distribution Account during the Float Period shall be
        distributed to the Holders of the Class FL Certificates (the “Class FL Holder”)
        as set forth in Section 4.01(h) for the next Distribution Date. The Class
        FL
        Holder shall deposit in the Distribution Account, from its own funds, the
        amount
        of any loss of principal incurred in respect of any such Permitted Investment
        made with funds in the Distribution Account during the Float Period immediately
        upon notification of such loss. 

    

     

    
      	SECTION
              3.13  	
              [Reserved].

            

    

     

    
      	SECTION
              3.14  	
              Maintenance
                of Hazard Insurance and Errors and Omissions and Fidelity
                Coverage.

            

    

     

    Ocwen
      shall cause to be maintained for each Ocwen
      Mortgage
      Loan hazard insurance with extended coverage on the Mortgaged Property in an
      amount which is at least equal to the lesser of the current principal balance
      of
      such Ocwen Mortgage Loan and the amount necessary to fully compensate for any
      damage or loss to the improvements which are a part of such property on a
      replacement cost basis, in each case in an amount not less than such amount
      as
      is necessary to avoid the application of any coinsurance clause contained in
      the
      related hazard insurance policy. Ocwen shall also cause to be maintained hazard
      insurance with extended coverage on each REO Property serviced by it in an
      amount which is at least equal to the lesser of (i) the maximum insurable value
      of the improvements which are a part of such property and (ii) the outstanding
      Principal Balance of the related Ocwen Mortgage Loan at the time it became
      an
      REO Property. Ocwen will comply in the performance of this Agreement with all
      reasonable rules and requirements of each insurer under any such hazard
      policies. Any amounts to be collected by Ocwen under any such policies (other
      than amounts to be applied to the restoration or repair of the property subject
      to the related Mortgage or amounts to be released to the Mortgagor in accordance
      with the procedures that Ocwen would follow in servicing loans held for its
      own
      account, subject to the terms and conditions of the related Mortgage and
      Mortgage Note) shall be deposited in the Collection Account, subject to
      withdrawal pursuant to Section 3.11, if received in respect of an Ocwen Mortgage
      Loan, or in the REO Account, subject to withdrawal pursuant to Section 3.23,
      if
      received in respect of an REO Property. Any cost incurred by Ocwen in
      maintaining any such insurance shall not, for the purpose of calculating
      distributions to Certificateholders, be added to the unpaid principal balance
      of
      the related Ocwen Mortgage Loan, notwithstanding that the terms of such Ocwen
      Mortgage Loan so permit; provided, however, that, subject to Section 3.07,
      Ocwen
      may capitalize the amount of any Servicing Advances incurred pursuant to this
      Section 3.14 in connection with the modification of an Ocwen Mortgage Loan.
      It
      is understood and agreed that no earthquake or other additional insurance is
      to
      be required of any Mortgagor 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 or REO Property is at any time
      in an area identified in the Federal Register by the Federal Emergency
      Management Agency as having special flood hazards and flood insurance has been
      made available, Ocwen will cause to be maintained a flood insurance policy
      in
      respect thereof. Such flood insurance shall be in an amount equal to the lesser
      of (i) the unpaid Principal Balance of the related Ocwen Mortgage Loan and
      (ii)
      the maximum amount of such insurance available for the related Mortgaged
      Property under the national flood insurance program (assuming that the area
      in
      which such Mortgaged Property is located is participating in such program).
      If
      at any time during the term of the Ocwen Mortgage Loan, Ocwen determines, in
      accordance with applicable law, that a Mortgaged Property is located in a
      special flood hazard area and is not covered by flood insurance or is covered
      in
      an amount less than the amount required by the Flood Disaster Protection Act
      of
      1973, as amended, Ocwen shall notify the related Mortgagor that the Mortgagor
      must obtain such flood insurance coverage, and if said Mortgagor fails to obtain
      the required flood insurance coverage within forty-five (45) days after such
      notification, Ocwen shall immediately force place the required flood insurance
      on the Mortgagor’s behalf.

     

    In
      the
      event that Ocwen shall obtain and maintain a blanket policy insuring against
      hazard losses on all of the Ocwen Mortgage Loans, it shall conclusively be
      deemed to have satisfied its obligations as set forth in the first two sentences
      of this Section 3.14, it being understood and agreed that such policy may
      contain a deductible clause on terms substantially equivalent to those
      commercially available and maintained by competent servicers, in which case
      Ocwen shall, in the event that there shall not have been maintained on the
      related Mortgaged Property or REO Property a policy complying with the first
      two
      sentences of this Section 3.14, and there shall have been one or more losses
      which would have been covered by such policy, deposit to the Collection Account
      from its own funds the amount not otherwise payable under the blanket policy
      because of such deductible clause. In connection with its activities as
      administrator and servicer of the Ocwen Mortgage Loans, Ocwen agrees to prepare
      and present, on behalf of itself, the Trustee, the Trust Fund and the
      Certificateholders, claims under any such blanket policy in a timely fashion
      in
      accordance with the terms of such policy.

     

    Ocwen
      shall keep in force during the term of this Agreement a policy or policies
      of
      insurance covering errors and omissions for failure in the performance of its
      respective obligations under this Agreement, which policy or policies shall
      be
      in such form and amount that would meet the requirements of Fannie Mae or
      Freddie Mac if it were the purchaser of the Ocwen Mortgage Loans, unless Ocwen
      has obtained a waiver of such requirements from Fannie Mae or Freddie Mac.
      Ocwen
      shall also maintain a fidelity bond in the form and amount that would meet
      the
      requirements of Fannie Mae or Freddie Mac, unless Ocwen has obtained a waiver
      of
      such requirements from Fannie Mae or Freddie Mac. Ocwen shall be deemed to have
      complied with this provision if an Affiliate of Ocwen has such errors and
      omissions and fidelity bond coverage and, by the terms of such insurance policy
      or fidelity bond, the coverage afforded thereunder extends to Ocwen. Any such
      errors and omissions policy and fidelity bond shall by its terms not be
      cancelable without thirty days’ prior written notice to the Trustee and the
      Trust Administrator. 

     

    Ocwen
      shall also cause each Sub-Servicer to maintain a policy of insurance covering
      errors and omissions and a fidelity bond which would meet such requirements
      and
      shall provide to the Master Servicer evidence of the authorization of the person
      signing any certification, statement, financial information and reports or
      such
      other information related to Ocwen or any Sub-Servicer or to Ocwen’s or such
      Sub-Servicer’s performance hereunder.

     

    
      	SECTION
              3.15  	
              Enforcement
                of Due-On-Sale Clauses; Assumption
                Agreements.

            

    

     

    With
      respect to the Ocwen Mortgage Loans, Ocwen will, to the extent it has knowledge
      of any conveyance or prospective conveyance of any Mortgaged Property by any
      Mortgagor (whether by absolute conveyance or by contract of sale, and whether
      or
      not the Mortgagor remains or is to remain liable under the Mortgage Note and/or
      the Mortgage), exercise its rights to accelerate the maturity of such Ocwen
      Mortgage Loan under the “due-on-sale” clause, if any, applicable thereto;
      provided, however, that Ocwen shall not be required to take such action if
      in
      its sole business judgment Ocwen believes it is not in the best interests of
      the
      Trust Fund and shall not exercise any such rights if prohibited by law from
      doing so. If Ocwen reasonably believes it is unable under applicable law to
      enforce such “due-on-sale” clause, or if any of the other conditions set forth
      in the proviso to the preceding sentence apply, Ocwen will enter into an
      assumption and modification agreement from or with the person to whom such
      property has been conveyed or is proposed to be conveyed, pursuant to which
      such
      person becomes liable under the Mortgage Note and, to the extent permitted
      by
      applicable state law, the Mortgagor remains liable thereon. Ocwen is also
      authorized, to the extent permitted under the related Mortgage Note, 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 the Mortgagor and becomes liable under the Mortgage Note, provided that
      no
      such substitution shall be effective unless such person satisfies the current
      underwriting criteria of Ocwen for a mortgage loan similar to the related Ocwen
      Mortgage Loan. In connection with any assumption, modification or substitution,
      Ocwen shall apply such underwriting standards and follow such practices and
      procedures as shall be normal and usual in its general mortgage servicing
      activities and as it applies to other mortgage loans owned solely by it. Ocwen
      shall not take or enter into any assumption and modification agreement, however,
      unless (to the extent practicable in the circumstances) it shall have received
      confirmation, in writing, of the continued effectiveness of any applicable
      hazard insurance policy. Any fee collected by Ocwen in respect of an assumption,
      modification or substitution of liability agreement shall be retained by Ocwen
      as additional servicing compensation. In connection with any such assumption,
      no
      material term of the Mortgage Note (including but not limited to the related
      Mortgage Rate and the amount of the Monthly Payment) may be amended or modified,
      except as otherwise required pursuant to the terms thereof. Ocwen shall notify
      the Trustee, the Master Servicer, the Trust Administrator and the related
      Custodian that any such substitution, modification or assumption agreement
      has
      been completed by forwarding to the related Custodian the executed original
      of
      such substitution or assumption agreement, which document 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.

     

    Notwithstanding
      the foregoing paragraph or any other provision of this Agreement, Ocwen shall
      not be deemed to be in default, breach or any other violation of its obligations
      hereunder by reason of any assumption of an Ocwen Mortgage Loan by operation
      of
      law or by the terms of the Mortgage Note or any assumption which Ocwen may
      be
      restricted by law from preventing, for any reason whatsoever. For purposes
      of
      this Section 3.15, the term “assumption” is deemed to also include a sale (of
      the Mortgaged Property) subject to the Mortgage that is not accompanied by
      an
      assumption or substitution of liability agreement.

     

    
      	SECTION
              3.16  	
              Realization
                Upon Defaulted Mortgage Loans.

            

    

     

    (a)  (i)Ocwen
      shall use its reasonable efforts, consistent with the Servicing Standard, to
      foreclose upon or otherwise comparably convert the ownership of properties
      securing such of the Ocwen Mortgage Loans as come into and continue in default
      and as to which no satisfactory arrangements can be made for collection of
      delinquent payments pursuant to Section 3.07. Ocwen shall be responsible for
      all
      costs and expenses incurred by it in any such proceedings; provided, however,
      that such costs and expenses will be recoverable as Servicing Advances by Ocwen
      as contemplated in Section 3.11 and Section 3.23. The foregoing is subject
      to
      the provision that, in any case in which a Mortgaged Property shall have
      suffered damage from an Uninsured Cause, Ocwen shall not be required to expend
      its own funds toward the restoration of such property unless it shall determine
      in its discretion that such restoration will increase the proceeds of
      liquidation of the related Ocwen Mortgage Loan after reimbursement to itself
      for
      such expenses.

     

    (ii) With
      respect to any second lien Ocwen Mortgage Loan, if Ocwen determines that no
      significant recovery is possible through foreclosure proceedings or other
      liquidation of the related Mortgage Property it may elect to charge off the
      related Ocwen Mortgage Loan (each such Ocwen Mortgage Loan, a “Charged Off
      Loan”) at the time the related first lien mortgage loan has been liquidated or
      at any time thereafter; provided, however, if a second lien Ocwen Mortgage
      Loan
      is 365 days Delinquent and the related first lien mortgage loan is not in
      foreclosure, such Ocwen Mortgage Loan will be charged off immediately.

     

    Each
      Charged Off Loan will be serviced in accordance with the terms of this Agreement
      until the date of charge off. Once such an Ocwen Mortgage Loan has been charged
      off, Ocwen will discontinue making Advances, Ocwen will not be entitled to
      any
      additional servicing compensation (subject to paragraph (a)(iii) below), the
      Charged Off Loan will give rise to a Realized Loss, and Ocwen will follow the
      procedures described in paragraph (a)(iii) below. 

     

    (iii) Ocwen
      will not be entitled to any Servicing Fees or reimbursement of expenses in
      connection with such Charged Off Loans except to the extent of funds available
      from the aggregate amount of recoveries on such Charged Off Loan which shall
      be
      paid to Ocwen as any accrued and unpaid Servicing Fees and reimbursement of
      expenses. Ocwen will only be entitled to previously accrued Servicing Fees
      on
      any such Charged Off Loans and will not be entitled to receive any future
      unaccrued Servicing Fees or expenses from collections on such Charged Off Loans.
      Any recoveries on such Charged Off Loans (net of accrued and unpaid Servicing
      Fees for the number of full Monthly Payments collected and out-of-pocket
      expenses) will be treated as Liquidation Proceeds distributable by the Trustee
      to the Holders of the Class X Certificates pursuant to Section
      4.01(c)(vii).

     

    Upon
      the
      request of the majority Holder of the Class X Certificates, any Charged Off
      Loan
      will be transferred to such Holder, without recourse (a “Released Loan”) and
      thereafter (i) those Holders will be entitled to any amounts subsequently
      received in respect of any such Charged Off Loans, (ii) the Holders of the
      Class
      X Certificates may designate any servicer to service any such Released Loan
      and
      (iii) the Holders of the Class X Certificates may sell any such Charged Off
      Loan
      to a third party. With respect to any Released Loan, the Trustee or the related
      Custodian, upon receipt of a Request for Release, shall release to the majority
      Holder of the Class X Certificates the related Mortgage File and shall execute
      and deliver such instruments of transfer or assignment, in each case without
      recourse, as shall be furnished to it and as shall be necessary to vest in
      the
      majority Holder of the Class X Certificates any Released Loan and the Trustee
      shall have no further responsibility with regard to such Mortgage File (it
      being
      understood that the Trustee shall have no responsibility for determining the
      sufficiency of such assignment for its intended purpose).

     

    Notwithstanding
      the foregoing, the procedures described above in this subsection 3.16(a)(iii)
      relating to the treatment of Charged Off Loans may be modified at any time
      at
      the discretion of the Holders of a majority Percentage Interest of the Class
      X
      Certificates, with the reasonable consent of Ocwen.

     

    (b)  Notwithstanding
      the foregoing provisions of this Section 3.16 or any other provision of this
      Agreement, with respect to any Ocwen Mortgage Loan as to which Ocwen has
      received actual notice of, or has actual knowledge of, the presence of any
      toxic
      or hazardous substance on the related Mortgaged Property, Ocwen shall not,
      on
      behalf of the Trustee, either (i) obtain title to such Mortgaged Property as
      a
      result of or in lieu of foreclosure or otherwise, or (ii) otherwise acquire
      possession of, or take any other action with respect to, such Mortgaged
      Property, if, as a result of any such action, the Trustee, the Trust Fund,
      the
      Trust Administrator, Ocwen or the Certificateholders would be considered to
      hold
      title to, to be a “mortgagee-in-possession” of, or to be an “owner” or
“operator” of such Mortgaged Property within the meaning of the Comprehensive
      Environmental Response, Compensation and Liability Act of 1980, as amended
      from
      time to time, or any comparable law, unless Ocwen has also previously
      determined, based on its reasonable judgment and a report prepared by a Person
      who regularly conducts environmental audits using customary industry standards,
      that:

     

    (1)  such
      Mortgaged Property is in compliance with applicable environmental laws or,
      if
      not, that it would be in the best economic interest of the Trust Fund to take
      such actions as are necessary to bring the Mortgaged Property into compliance
      therewith; and

     

    (2)  there
      are
      no circumstances present at such Mortgaged Property relating to the use,
      management or disposal of any hazardous substances, hazardous materials,
      hazardous wastes, or petroleum-based materials for which investigation, testing,
      monitoring, containment, clean-up or remediation could be required under any
      federal, state or local law or regulation, or that if any such materials are
      present for which such action could be required, that it would be in the best
      economic interest of the Trust Fund to take such actions with respect to the
      affected Mortgaged Property.

     

    The
      cost
      of the environmental audit report contemplated by this Section 3.16 shall be
      advanced by Ocwen, subject to Ocwen’s right to be reimbursed therefor from the
      Collection Account as provided in Section 3.11 (ix), such right of reimbursement
      being prior to the rights of Certificateholders to receive any amount in the
      Collection Account received in respect of the affected Ocwen Mortgage Loan
      or
      other Ocwen Mortgage Loans.

     

    If
      Ocwen
      determines, as described above, that it is in the best economic interest of
      the
      Trust Fund to take such actions as are necessary to bring any such Mortgaged
      Property into compliance with applicable environmental laws, or to take such
      action with respect to the containment, clean-up or remediation of hazardous
      substances, hazardous materials, hazardous wastes or petroleum-based materials
      affecting any such Mortgaged Property, then Ocwen shall take such action as
      it
      deems to be in the best economic interest of the Trust Fund; provided that
      any
      amounts disbursed by Ocwen pursuant to this Section 3.16(b) shall constitute
      Servicing Advances, subject to Section 4.04(d). The cost of any such compliance,
      containment, cleanup or remediation shall be advanced by Ocwen, subject to
      Ocwen’s right to be reimbursed therefor from the Collection Account as provided
      in Section 3.11 (ix), such right of reimbursement being prior to the rights
      of
      Certificateholders to receive any amount in the Collection Account received
      in
      respect of the affected Ocwen Mortgage Loan or other Ocwen Mortgage
      Loans.

     

    (c)  Ocwen
      may, at its option, purchase an Ocwen Mortgage Loan which has become 90 or
      more
      days delinquent or for which Ocwen has accepted a deed in lieu of foreclosure.
      Prior to purchase pursuant to this Section 3.16(c), Ocwen shall be required
      to
      continue to make Advances pursuant to Section 4.04. Ocwen shall not use any
      procedure in selecting Ocwen Mortgage Loans to be repurchased which is
      materially adverse to the interests of the Certificateholders. Ocwen shall
      purchase such delinquent Ocwen Mortgage Loan at a price equal to the Purchase
      Price of such Ocwen Mortgage Loan. Any such purchase of an Ocwen Mortgage Loan
      pursuant to this Section 3.16(c) shall be accomplished by deposit in the
      Collection Account of the amount of the Purchase Price. Upon the satisfaction
      of
      the requirements set forth in Section 3.17(a), the Trustee shall immediately
      deliver the Mortgage File and any related documentation to Ocwen and will
      execute such documents provided to it as are necessary to convey the Ocwen
      Mortgage Loan to Ocwen.

     

    (d)  Proceeds
      received in connection with any Final Recovery Determination, as well as any
      recovery resulting from a partial collection of Insurance Proceeds, Liquidation
      Proceeds or condemnation proceeds, in respect of any Ocwen Mortgage Loan, will
      be applied in the following order of priority: first, to unpaid Servicing Fees;
      second, to reimburse Ocwen or any Sub-Servicer for any related unreimbursed
      Servicing Advances pursuant to Section 3.11(iii) and Advances pursuant to
      Section 3.11(ii); third, to accrued and unpaid interest on the Ocwen Mortgage
      Loan, to the date of the Final Recovery Determination, or to the Due Date prior
      to the Distribution Date on which such amounts are to be distributed if not
      in
      connection with a Final Recovery Determination; and fourth, as a recovery of
      principal of the Ocwen Mortgage Loan. If the amount of the recovery so allocated
      to interest is less than the full amount of accrued and unpaid interest due
      on
      such Ocwen Mortgage Loan, the amount of such recovery will be allocated by
      Ocwen
      as follows: first, to unpaid Servicing Fees; and second, to the balance of
      the
      interest then due and owing. The portion of the recovery so allocated to unpaid
      Servicing Fees shall be reimbursed to Ocwen or any Sub-Servicer pursuant to
      Section 3.11(iii). 

     

    
      	SECTION
              3.17  	
              Trustee
                to Cooperate; Release of Mortgage
                Files.

            

    

     

    (a)  Upon
      the
      payment in full of any Ocwen Mortgage Loan, or the receipt by Ocwen of a
      notification that payment in full shall be escrowed in a manner customary for
      such purposes, Ocwen shall deliver to the Trustee, in written (with two executed
      copies) or electronic format, a Request for Release in the form of Exhibit
      E
      hereto (which certification shall include a statement to the effect that all
      amounts received or to be received in connection with such payment which are
      required to be deposited in the Collection Account pursuant to Section 3.10
      have
      been or will be so deposited) signed by a Servicing Officer (or in a mutually
      agreeable electronic format that will, in lieu of a signature on its face,
      originate from a Servicing Officer) and shall request delivery to it or its
      designee of the Mortgage File. Upon receipt of such certification and request,
      the Trustee shall, within five Business Days, release the related Mortgage
      File
      to Ocwen or its designee (which shall be sent by overnight mail at Ocwen’s
      expense) and Ocwen is authorized to cause the removal from the registration
      on
      the MERS® System of any such Ocwen Mortgage Loan, if applicable. Except as
      otherwise provided herein, no expenses incurred in connection with any
      instrument of satisfaction or deed of reconveyance shall be chargeable to the
      Collection Account or the Distribution Account.

     

    (b)  From
      time
      to time and as appropriate for the servicing or foreclosure of any Ocwen
      Mortgage Loan, including, for this purpose, collection under any insurance
      policy relating to the Ocwen Mortgage Loans, the Trustee shall, upon any request
      made by or on behalf of Ocwen and delivery to the Trustee, in written (with
      two
      executed copies) or electronic format, of a Request for Release in the form
      of
      Exhibit E hereto signed by a Servicing Officer (or in a mutually agreeable
      electronic format that will, in lieu of a signature on its face, originate
      from
      a Servicing Officer), release the related Mortgage File to Ocwen or its designee
      within five Business Days, and the Trustee shall, at the written direction
      of
      Ocwen, execute such documents provided to it by Ocwen as shall be necessary
      to
      the prosecution of any such proceedings. Such Request for Release shall obligate
      Ocwen to return each and every document previously requested from the Mortgage
      File to the Trustee when the need therefor by Ocwen no longer exists, unless
      the
      Ocwen Mortgage Loan has been liquidated and the Liquidation Proceeds relating
      to
      the Ocwen Mortgage Loan have been deposited in the Collection Account or 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 either judicially or non-judicially, and Ocwen has delivered,
      or caused to be delivered, to the Trustee an additional Request for Release
      certifying as to such liquidation or action or proceedings. Upon the request
      of
      the Trustee, Ocwen shall provide notice to the Trustee of the name and address
      of the Person to which such Mortgage File or such document was delivered and
      the
      purpose or purposes of such delivery. Upon receipt of a Request for Release,
      in
      written (with two executed copies) or electronic format (or in a mutually
      agreeable electronic format that will, in lieu of a signature on its face,
      originate from a Servicing Officer), from a Servicing Officer stating that
      such
      Ocwen Mortgage Loan was liquidated and that all amounts received or to be
      received in connection with such liquidation that are required to be deposited
      into the Collection Account have been so deposited, or that such Ocwen Mortgage
      Loan has become an REO Property, such Ocwen Mortgage Loan shall be released
      by
      the Trustee to Ocwen or its designee within five Business Days.

     

    (c)  Upon
      written certification of a Servicing Officer, the Trustee shall execute and
      deliver to Ocwen and the Sub-Servicer, as the case may be, copies of any court
      pleadings, requests for trustee’s sale or other documents reasonably necessary
      to the foreclosure or trustee’s sale in respect of a Mortgaged Property or to
      any legal action brought to obtain judgment against any Mortgagor on the
      Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce
      any
      other remedies or rights provided by the Mortgage Note or Mortgage or otherwise
      available at law or in equity. Each such certification shall include a request
      that such pleadings or documents be executed by the Trustee and a statement
      as
      to the reason such documents or pleadings are required and that the execution
      and delivery thereof by the Trustee will not invalidate or otherwise affect
      the
      lien of the Mortgage, except for the termination of such a lien upon completion
      of the foreclosure or trustee’s sale.

     

    
      	SECTION
              3.18  	
              Servicing
                Compensation.

            

    

     

    As
      compensation for its activities hereunder, Ocwen shall be entitled to the
      Servicing Fee with respect to each Ocwen Mortgage Loan payable solely from
      payments of interest in respect of such Ocwen Mortgage Loan, subject to Section
      3.24. In addition, Ocwen shall be entitled to recover unpaid Servicing Fees
      out
      of Insurance Proceeds, Liquidation Proceeds or condemnation proceeds to the
      extent permitted by Section 3.11(iii) and out of amounts derived from the
      operation and sale of an REO Property serviced by it to the extent permitted
      by
      Section 3.23. Except as provided in Section 3.29 or Section 6.04, the right
      to
      receive the Servicing Fee may not be transferred in whole or in part except
      in
      connection with the transfer of all of Ocwen’s responsibilities and obligations
      under this Agreement; provided, however, that Ocwen may pay from the Servicing
      Fee any amounts due to a Sub-Servicer pursuant to a Sub-Servicing Agreement
      entered into under Section 3.02.

     

    Additional
      servicing compensation in the form of assumption fees, late payment charges,
      insufficient funds charges, ancillary income or otherwise (other than Prepayment
      Charges) shall be retained by Ocwen only to the extent such fees or charges
      are
      received by Ocwen. Ocwen shall also be entitled pursuant to Section 3.11(iv)
      to
      withdraw from the Collection Account and pursuant to Section 3.23(b) to withdraw
      from any REO Account, as additional servicing compensation, interest or other
      income earned on deposits therein, subject to Section 3.12 and Section 3.24.
      Ocwen shall also be entitled to receive Prepayment Interest Excess pursuant
      to
      Section 3.10 and Section 3.11 as additional servicing compensation. Ocwen shall
      be required to pay all expenses incurred by it in connection with its servicing
      activities hereunder (including premiums for the insurance required by Section
      3.14, to the extent such premiums are not paid by the related Mortgagors or
      by a
      Sub-Servicer, and servicing compensation of each Sub-Servicer) and shall not
      be
      entitled to reimbursement therefor except as specifically provided
      herein.

     

    
      	SECTION
              3.19  	
              Reports;
                Collection Account Statements.

            

    

     

    Not
      later
      than twenty days after each Distribution Date, Ocwen shall forward, upon
      request, to the Trust
      Administrator
      and the
      Depositor the most current available bank statement for the Collection Account.
      Copies of such statement shall be provided by the Trust Administrator to any
      Certificateholder and to any Person identified to the Trust Administrator as
      a
      prospective transferee of a Certificate, upon request and at the expense of
      the
      requesting party, provided such statement is delivered by Ocwen to the Trust
      Administrator.

     

    
      	SECTION
              3.20  	
              Statement
                as to Compliance.

            

    

     

    On
      or
      before March 15th
      of each
      calendar year (with no cure period), commencing in 2008, Ocwen shall deliver
      or
      otherwise make available to the Trust Administrator and
      the
      Master Servicer
      a
      statement of compliance addressed to the Master Servicer and the Depositor
      and
      signed by an authorized officer of Ocwen, to the effect that (a) a review of
      Ocwen’s activities during the immediately preceding calendar year (or applicable
      portion thereof) and of its performance under this Agreement during such period
      has been made under such officer’s supervision, and (b) to the best of such
      officers’ knowledge, based on such review, Ocwen has fulfilled all of its
      obligations under this Agreement in all material respects throughout such
      calendar year (or applicable portion thereof) or, if there has been a failure
      to
      fulfill any such obligation in any material respect, specifically identifying
      each such failure known to such officer and the nature and the status thereof.
      

     

    Ocwen
      shall deliver, or cause to be delivered, a similar Annual Statement of
      Compliance by any Sub-Servicer, Subcontractor or other Person engaged by it
      and
      satisfying any of the criteria set forth in Item 1108(a)(i), (ii) or (iii),
      to
      which Ocwen has delegated any servicing responsibilities with respect to the
      Ocwen Mortgage Loans, to the Trust Administrator as described above as and
      when
      required with respect to Ocwen.

     

    Each
      of
      the Master Servicer and Trust Administrator shall deliver, or cause to be
      delivered, a similar Annual Statement of Compliance by any Sub-Servicer,
      Subcontractor or other Person engaged by it and satisfying any of the criteria
      set forth in Item 1108(a)(i), (ii) or (iii), to which the Master Servicer has
      delegated any servicing responsibilities with respect to the Ocwen Mortgage
      Loans, to the Trust Administrator as described above as and when required with
      respect to the Master Servicer.

     

    Each
      of
      the Master Servicer and the Trust Administrator shall also provide an Annual
      Statement of Compliance, as and when provided above.

     

    Each
      of
      Ocwen, the Master Servicer and the Trust Administrator (each, an “Indemnifying
      Party”) shall indemnify and hold harmless the Depositor, the Master Servicer,
      Ocwen, the Trust Administrator and their officers, directors and Affiliates,
      as
      applicable, from and against any actual losses, damages, penalties, fines,
      forfeitures, reasonable and necessary legal fees and related costs, judgments
      and other costs and expenses that such Person may sustain based upon a breach
      of
      the obligations of such Indemnifying Party under this Section 3.20.

     

    
      	SECTION
              3.21  	
              Assessments
                of Compliance and Attestation
                Reports.

            

    

     

    (A) On
      or
      before March 15th
      of each
      calendar year (with no cure period), commencing in 2008, Ocwen
      shall:

     

    (i)  deliver
      to the Trust Administrator and the Master Servicer a report (in form and
      substance reasonably satisfactory to the Depositor, the Master Servicer and
      the
      Trust Administrator) regarding Ocwen’s assessment of compliance with the
      Relevant Servicing Criteria during the immediately preceding calendar year,
      as
      required under Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122 of
      Regulation AB. Such report shall be addressed to the Master Servicer and the
      Depositor and signed by an authorized officer of Ocwen and shall address each
      of
      the Relevant Servicing Criteria specified substantially on Exhibit S hereto
      (or
      those Servicing Criteria otherwise mutually agreed to by the Depositor, the
      Master Servicer and Ocwen in response to evolving interpretations of Regulation
      AB;

     

    (ii)  deliver
      to the Trust Administrator and the Master Servicer a report of a registered
      public accounting firm reasonably acceptable to the Master Servicer, the
      Depositor and the Trust Administrator that attests to, and reports on, the
      assessment of the compliance made by Ocwen and delivered pursuant to the
      .preceding paragraph. Such attestation shall be in accordance with Rules
      1-02(a)(3) and 2-02(g) of Regulation S-X under the Securities Act and the
      Exchange Act;

     

    (iii)  cause
      each Sub-Servicer and each Subcontractor, determined by Ocwen pursuant to
      Section 4.24(b) to be “participating in the servicing function” within the
      meaning of Item 1122 of Regulation AB, to deliver to the Trust Administrator,
      the Master Servicer and the Depositor an assessment of compliance and
      accountants’ attestation as and when provided in paragraphs (i) and (ii) of this
      Section 3.21; and

     

    (iv)  pursuant
      to Section 4.05(a)(iv), deliver, and cause each Sub-Servicer and each
      Subcontractor, determined by Ocwen pursuant to Section 4.24(b) to be
“participating in the servicing function” within the meaning of Item 1122 of
      Regulation AB, to deliver to the Master Servicer a certification substantially
      in the form attached hereto as Exhibit N-2.

     

    Each
      assessment of compliance provided by a Sub-Servicer pursuant to Section
      3.21(iii) shall address each of the Relevant Servicing Criteria applicable
      to
      Ocwen in Exhibit S. An assessment of compliance provided by a Subcontractor
      pursuant to Section 3.21(iii) need not address any elements of the Relevant
      Servicing Criteria other than those specified by Ocwen pursuant to Section
      3.02.

     

    Ocwen
      acknowledges that the Master Servicer may rely on the certification provided
      by
      Ocwen pursuant clause (iv) above in signing the Certification and filing such
      with the Commission. Neither the Master Servicer nor the Depositor will request
      delivery of a certification under clause (iv) above unless the Depositor is
      required under the Exchange Act to file an annual report on Form 10-K with
      respect to an issuing entity whose asset pool includes Ocwen Mortgage
      Loans.

     

    Each
      of
      the Master Servicer, the Trust Administrator and each Custodian shall also
      provide, and each such party and the Trustee shall cause any Sub-servicer or
      Subcontractor engaged by it to provide an Assessment of Compliance and
      Attestation Report, as and when provided above, which shall at a minimum address
      each of the Servicing Criteria specified on Exhibit O hereto which are indicated
      as applicable to each such party. Notwithstanding the foregoing, as to any
      trustee, an Assessment of Compliance is not required to be delivered unless
      it
      is required as part of Form 10-K with respect to the Trust Fund.

     

    Each
      of
      Ocwen, the Master Servicer, the Trustee (in its capacity as a Custodian) and
      the
      Trust Administrator shall indemnify and hold harmless the Depositor, the Master
      Servicer, Ocwen and the Trust Administrator and their officers, directors and
      Affiliates from and against any actual losses, damages, penalties, fines,
      forfeitures, reasonable and necessary legal fees and related costs, judgments
      and other costs and expenses that such Person may sustain based upon a breach
      of
      the obligations of such Indemnifying Party under this Section 3.21.

     

    
      	 	
              (B)

            	
              Remedies
                Regarding Statements as to Compliance, Assessments of Compliance
                and
                Attestation Reports.

            

    

     

    Any
      failure by Ocwen, any Sub-Servicer or any Subcontractor to deliver any
      information, report, certification or accountants’ letter when and as required
      under Section 3.20 or Section 3.21, including (except as provided below) any
      failure by Ocwen to identify any Subcontractor “participating in the servicing
      function” within the meaning of Item 1122 of Regulation AB, shall constitute a
      Servicer Event of Termination, and the Trustee may (at the direction of the
      Depositor) terminate the rights and obligations of Ocwen under this Agreement
      without payment (notwithstanding anything in this Agreement to the contrary)
      of
      any compensation to Ocwen (other than Ocwen’s rights to reimbursement of
      unreimbursed Advances and Servicing Advances and accrued and unpaid Servicing
      Fees in the manner provided in this Agreement); provided that to the extent
      that
      any provision of this Agreement expressly provides for the survival of certain
      rights or obligations following termination of Ocwen as servicer, such provision
      shall be given effect.

     

    Neither
      the Trustee nor the Depositor shall be entitled to terminate the rights and
      obligations of Ocwen pursuant to this subparagraph (B)(i) if a failure of Ocwen
      to identify a Subcontractor “participating in the servicing function” within the
      meaning of Item 1122 of Regulation AB was attributable solely to the role or
      functions of such Subcontractor with respect to mortgage loans other than the
      Mortgage Loans. 

     

    
      	SECTION
              3.22  	
              Access
                to Certain Documentation.

            

    

     

    Ocwen
      shall provide to the Trustee, the Trust Administrator and the Depositor, at
      the
      request of the Office of the Controller of the Currency, the Office of Thrift
      Supervision, the FDIC and any other federal or state banking or insurance
      regulatory authority that may exercise authority over any Certificateholder,
      access to the documentation regarding the Ocwen Mortgage Loans required by
      applicable laws and regulations. Such access shall be afforded without charge,
      but only upon reasonable request and during normal business hours at the offices
      of Ocwen designated by it. In addition, upon receipt of 5 days written notice,
      access to the documentation regarding the Ocwen Mortgage Loans required by
      applicable laws and regulations will be provided to such Certificateholder,
      the
      Trustee, the Trust Administrator, the Master Servicer and to any Person
      identified to Ocwen as a prospective transferee of a Certificate subject to
      the
      execution of a confidentiality agreement in form and substance satisfactory
      to
      Ocwen, upon reasonable request during normal business hours at the offices
      of
      Ocwen designated by it at the expense of the Person requesting such access.
      Nothing in this Section 3.22 shall derogate from the obligation of any such
      party to observe any applicable law prohibiting disclosure of information
      regarding the Mortgagors and the failure of any such party to provide access
      as
      provided in this Section as a result of such obligation shall not constitute
      a
      breach of this Section 3.22. Nothing in this Section 3.22 shall require Ocwen
      to
      collect, create, collate or otherwise generate any information that it does
      not
      generate in its usual course of business. Ocwen 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 which shall in no event be reimbursable
      by the Trustee.

     

    Ocwen
      agrees to fully furnish, in accordance with the Fair Credit Reporting Act and
      its implementing regulations, accurate and complete information (e.g.,
      favorable and unfavorable) on its borrower credit files to Equifax, Experian
      and
      Trans Union Credit Information Servicer, on a monthly basis.

     

    
      	SECTION
              3.23  	
              Title,
                Management and Disposition of REO
                Property.

            

    

     

    (a)  The
      deed
      or certificate of sale of any REO Property serviced by Ocwen shall, subject
      to
      applicable laws, be taken in the name of the Trustee, or its nominee, in trust
      for the benefit of the Certificateholders. Ocwen, on behalf of REMIC 1, shall
      sell any such REO Property as soon as practicable and in any event no later
      than
      the end of the third full taxable year after the taxable year in which such
      REMIC acquires ownership of such REO Property for purposes of Section 860G(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 such three-year period, unless Ocwen shall have delivered to the
      Trustee an Opinion of Counsel, addressed to the Trustee and the Depositor,
      to
      the effect that the holding by the REMIC of such REO Property subsequent to
      three years after its acquisition will not result in the imposition on the
      REMIC
      of taxes on “prohibited transactions” thereof, as defined in Section 860F of the
      Code, or cause any of the REMICs created hereunder to fail to qualify as a
      REMIC
      under Federal law at any time that any Certificates are outstanding. Ocwen
      shall
      manage, conserve, protect and operate each REO Property serviced by it for
      the
      Certificateholders solely for the purpose of its prompt disposition and sale
      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 of the REMICs 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.

     

    (b)  Ocwen
      shall separately account for all funds collected and received in connection
      with
      the operation of any REO Property and shall establish and maintain, or cause
      to
      be established and maintained, with respect to REO Properties serviced by it
      an
      account held in trust for the Trustee for the benefit of the Certificateholders
      (the “REO Account”), which shall be an Eligible Account. Ocwen shall be
      permitted to allow the Collection Account to serve as the REO Account, subject
      to separate ledgers for each REO Property serviced by it. Ocwen shall be
      entitled to retain or withdraw any interest income paid on funds deposited
      in
      the REO Account.

     

    (c)  Ocwen
      shall have full power and authority, subject only to the specific requirements
      and prohibitions of this Agreement, to do any and all things in connection
      with
      any REO Property serviced by it as are consistent with the manner in which
      Ocwen
      manages and operates similar property owned by Ocwen or any of its Affiliates,
      all on such terms and for such period (subject to the requirement of prompt
      disposition set forth in Section 3.23(a)) as Ocwen deems to be in the best
      interests of Certificateholders. In connection therewith, Ocwen shall deposit,
      or cause to be deposited in the clearing account in which it customarily
      deposits payments and collections on mortgage loans in connection with its
      mortgage loan servicing activities on a daily basis, and in no event more than
      one Business Day after Ocwen’s receipt thereof, and shall thereafter deposit in
      the REO Account, in no event more than two Business Days after Ocwen’s receipt
      thereof, all revenues received by it with respect to an REO Property serviced
      by
      it and shall withdraw therefrom funds necessary for the proper operation,
      management and maintenance of such REO Property including, without
      limitation:

     

    
      	(1)  	
              all
                insurance premiums due and payable in respect of such REO
                Property;

            

    

     

    
      	(2)  	
              all
                real estate taxes and assessments in respect of such REO Property
                that may
                result in the imposition of a lien thereon;
                and

            

    

     

    
      	(3)  	
              all
                costs and expenses necessary to maintain, operate and dispose of
                such REO
                Property.

            

    

     

    To
      the
      extent that amounts on deposit in the REO Account with respect to an REO
      Property are insufficient for the purposes set forth in clauses (i) through
      (iii) above with respect to such REO Property, Ocwen shall advance from its
      own
      funds such amount as is necessary for such purposes if, but only if, Ocwen
      would
      make such advances if Ocwen owned the REO Property and if in Ocwen’s judgment,
      the payment of such amounts will be recoverable from the rental or sale of
      the
      REO Property.

     

    Notwithstanding
      the foregoing, neither Ocwen nor the Trustee shall:

     

    (i)  authorize
      the Trust Fund to enter into, renew or extend any New Lease with respect to
      any
      REO Property serviced by Ocwen, if the New Lease by its terms will give rise
      to
      any income that does not constitute Rents from Real Property;

     

    (ii)  authorize
      any amount to be received or accrued under any New Lease other than amounts
      that
      will constitute Rents from Real Property;

     

    (iii)  authorize
      any construction on any such REO Property, other than the completion of a
      building or other improvement thereon, and then only if more than ten percent
      of
      the construction of such building or other improvement was completed before
      default on the related Mortgage Loan became imminent, all within the meaning
      of
      Section 856(e)(4)(B) of the Code; or

     

    (iv)  authorize
      any Person to Directly Operate any such REO Property on any date more than
      90
      days after its date of acquisition by the Trust Fund;

     

    unless,
      in any such case, Ocwen has obtained an Opinion of Counsel, provided to the
      Trust Administrator and the Master Servicer, to the effect that such action
      will
      not cause such REO Property to fail to qualify as “foreclosure property” within
      the meaning of Section 860G(a)(8) of the Code at any time that it is held by
      the
      REMIC, in which case Ocwen may take such actions as are specified in such
      Opinion of Counsel.

     

    Ocwen
      may
      contract with any Independent Contractor for the operation and management of
      any
      REO Property serviced by it, provided that:

     

    (i)  the
      terms
      and conditions of any such contract shall not be inconsistent
      herewith;

     

    (ii)  any
      such
      contract shall require, or shall be administered to require, that the
      Independent Contractor pay all costs and expenses incurred in connection with
      the operation and management of such REO Property, including those listed above
      and remit all related revenues (net of such costs and expenses) to Ocwen as
      soon
      as practicable, but in no event later than thirty days following the receipt
      thereof by such Independent Contractor;

     

    (iii)  none
      of
      the provisions of this Section 3.23(c) relating to any such contract or to
      actions taken through any such Independent Contractor shall be deemed to relieve
      Ocwen of any of its duties and obligations to the Trustee on behalf of the
      Certificateholders with respect to the operation and management of any such
      REO
      Property; and

     

    (iv)  Ocwen
      shall be obligated with respect thereto to the same extent as if it alone were
      performing all duties and obligations in connection with the operation and
      management of such REO Property.

     

    Ocwen
      shall be entitled to enter into any agreement with any Independent Contractor
      performing services for it related to its duties and obligations hereunder
      for
      indemnification of Ocwen by such Independent Contractor, and nothing in this
      Agreement shall be deemed to limit or modify such indemnification. Ocwen shall
      be solely liable for all fees owed by it to any such Independent Contractor,
      irrespective of whether Ocwen’s compensation pursuant to Section 3.18 is
      sufficient to pay such fees; provided, however, that to the extent that any
      payments made by such Independent Contractor would constitute Servicing Advances
      if made by Ocwen, such amounts shall be reimbursable as Servicing Advances
      made
      by Ocwen.

     

    (d)  In
      addition to the withdrawals permitted under Section 3.23(c), Ocwen may from
      time
      to time make withdrawals from the REO Account for any REO Property serviced
      by
      it: (i) to pay itself or any Sub-Servicer unpaid Servicing Fees in respect
      of
      the related Mortgage Loan; and (ii) to reimburse itself or any Sub-Servicer
      for
      unreimbursed Servicing Advances and Advances made in respect of such REO
      Property or the related Mortgage Loan. On the Servicer Remittance Date, Ocwen
      shall withdraw from each REO Account maintained by it and remit to the Trust
      Administrator for deposit into the Distribution Account in accordance with
      Section 3.10(d)(ii), for distribution on the related Distribution Date in
      accordance with Section 4.01, the income from the related REO Property received
      during the prior calendar month, net of any withdrawals made pursuant to Section
      3.23(c) or this Section 3.23(d).

     

    (e)  Subject
      to the time constraints set forth in Section 3.23(a), each REO Disposition
      shall
      be carried out by Ocwen in a manner, at such price and upon such terms and
      conditions as shall be normal and usual in the Servicing Standard.

     

    (f)  The
      proceeds from the REO Disposition, net of any amount required by law to be
      remitted to the Mortgagor under the related Mortgage Loan and net of any payment
      or reimbursement to Ocwen or any Sub-Servicer as provided above, shall be
      remitted to the Trust Administrator for deposit in the Distribution Account
      in
      accordance with Section 3.10(d)(ii) on the Servicer Remittance Date in the
      month
      following the receipt thereof for distribution on the related Distribution
      Date
      in accordance with Section 4.01. Any REO Disposition shall be for cash only
      (unless changes in the REMIC Provisions made subsequent to the Startup Day
      allow
      a sale for other consideration).

     

    (g)  Ocwen
      shall file information returns with respect to the receipt of mortgage interest
      received in a trade or business, reports of foreclosures and abandonments of
      any
      Mortgaged Property and cancellation of indebtedness income with respect to
      any
      Mortgaged Property as required by the Code. Such reports shall be in form and
      substance sufficient to meet the reporting requirements of the
      Code.

     

    
      	SECTION
              3.24  	
              Obligations
                of Ocwen in Respect of Prepayment Interest
                Shortfalls.

            

    

     

    Ocwen
      shall deliver to the Trust Administrator for deposit into the Distribution
      Account on each Servicer Remittance Date from its own funds (or from a
      Sub-Servicer’s own funds received by Ocwen in respect of Compensating Interest)
      an amount equal to the lesser of (a) the amount, if any, by which the Prepayment
      Interest Shortfall for the related Prepayment Period exceeds the Prepayment
      Interest Excess for the related Prepayment Period, and (b) the amount of the
      Servicing Fee payable to Ocwen for such Distribution Date. Ocwen shall not
      be
      obligated to pay Compensating Interest with respect to Relief Act Interest
      Shortfalls.

     

    
      	SECTION
              3.25  	
              Obligations
                of Ocwen in Respect of Monthly Payments. 

            

    

     

    In
      the
      event that a shortfall in any collection on or liability with respect to the
      Ocwen
      Mortgage
      Loans in the aggregate results from or is attributable to adjustments to
      Mortgage Rates, Monthly Payments or Stated Principal Balances that were made
      by
      Ocwen in a manner not consistent with the terms of the related Mortgage Note
      and
      this Agreement, Ocwen, upon discovery or receipt of notice thereof, immediately
      shall deposit in the Collection Account from its own funds the amount of any
      such shortfall and shall indemnify and hold harmless the Trust Fund, the
      Trustee, the Trust Administrator, the Depositor and any successor servicer
      in
      respect of any such liability. Such indemnities shall survive the termination
      or
      discharge of this Agreement. If amounts paid by Ocwen with respect to any Ocwen
      Mortgage Loan pursuant to this Section 3.25 are subsequently recovered from
      the
      related Mortgagor, Ocwen shall be permitted to reimburse itself for such amounts
      paid by it pursuant to this Section 3.25 from such recoveries. Notwithstanding
      the foregoing, this Section 3.25 shall not limit the ability of Ocwen to seek
      recovery of any such amounts from the related Mortgagor under the terms of
      the
      related Mortgage Note, as permitted by law.

     

    
      	SECTION
              3.26  	
              [Reserved].

            

    

     

    
      	SECTION
              3.27  	
              [Reserved].

            

    

     

    
      	SECTION
              3.28  	
              Late
                Remittance.

            

    

     

    With
      respect to any remittance received by the Master
      Servicer after
      the
      day on which such payment was due, Ocwen shall pay to the Master Servicer
      interest on any such late payment at an annual rate equal to the Prime Rate,
      adjusted as of the date of each change, plus three percentage points, but in
      no
      event greater than the maximum amount permitted by applicable law. Such interest
      shall be deposited in the Distribution Account by Ocwen on the date such late
      payment is made and shall cover the period commencing with the day such payment
      was due and ending with the Business Day on which such payment is made, both
      inclusive. Such interest shall be remitted along with the distribution payable
      on the next succeeding Servicer Remittance Date. The payment by Ocwen of any
      such interest shall not be deemed an extension of time for payment or a waiver
      of any Servicer Event of Termination.

     

    
      	SECTION
              3.29  	
              Advance
                Facility.

            

    

     

    Ocwen
      is
      hereby authorized to enter into a financing or other facility (any such
      arrangement, an “Advance Facility”) under which (1) Ocwen sells, assigns or
      pledges to another Person (together with such Person’s successors and assigns,
      an “Advancing Person”) Ocwen’s rights under this Agreement to be reimbursed for
      any Advances or Servicing Advances and/or (2) an Advancing Person agrees to
      fund
      some or all Advances and/or Servicing Advances required to be made by Ocwen
      pursuant to this Agreement. Ocwen is hereby authorized to assign its rights
      to
      the Servicing Fee and to pledge any applicable servicing rights; it being
      understood that neither the Trust Fund nor any party hereto shall have a right
      or claim (including without limitation any right of offset) to the portion
      of
      the Servicing Fee so assigned. No consent of the Depositor, the Master Servicer,
      the Trustee, the Trust Administrator, the Certificateholders or any other party
      shall be required before Ocwen may enter into an Advance Facility. Ocwen shall
      notify each other party to this Agreement prior to or promptly after entering
      into or terminating any Advance Facility. Notwithstanding the existence of
      any
      Advance Facility under which an Advancing Person agrees to fund Advances and/or
      Servicing Advances on Ocwen’s behalf, Ocwen shall remain obligated pursuant to
      this Agreement to make Advances and Servicing Advances pursuant to and as
      required by this Agreement. If Ocwen enters into an Advance Facility, and for
      so
      long as an Advancing Person remains entitled to receive reimbursement for any
      Advances including Nonrecoverable Advances (“Advance Reimbursement Amounts”)
      and/or Servicing Advances including Nonrecoverable Advances (“Servicing Advance
      Reimbursement Amounts” and together with Advance Reimbursement Amounts,
“Reimbursement Amounts”) (in each case to the extent such type of Reimbursement
      Amount is included in the Advance Facility), as applicable, pursuant to this
      Agreement, then, Ocwen shall identify such Reimbursement Amounts consistent
      with
      the reimbursement rights set forth in Section 3.11(ii), (iii), (vi) and (vii)
      and remit such Reimbursement Amounts in accordance with Section 3.10(b) or
      otherwise in accordance with the documentation establishing the Advance Facility
      to such Advancing Person or to a trustee, agent or custodian (an “Advance
      Facility Trustee”) designated by such Advancing Person. Notwithstanding anything
      to the contrary herein, in no event shall Advance Reimbursement Amounts or
      Servicing Advance Reimbursement Amounts be included in the Available Funds
      or
      distributed to Certificateholders.

     

    Reimbursement
      Amounts shall consist solely of amounts in respect of Advances and/or Servicing
      Advances made with respect to the Ocwen Mortgage Loans for which Ocwen would
      be
      permitted to reimburse itself in accordance with this Agreement, assuming Ocwen
      or the Advancing Person had made the related Advance(s) and/or Servicing
      Advance(s). Notwithstanding the foregoing, except with respect to reimbursement
      of Nonrecoverable Advances as set forth in this Agreement, no Person shall
      be
      entitled to reimbursement from funds held in the Collection Account for future
      distribution to Certificateholders pursuant to this Agreement. None of the
      Depositor, the Master Servicer, the Trustee or the Trust Administrator shall
      have any duty or liability with respect to the calculation or payment of any
      Reimbursement Amount, nor shall the Depositor, the Master Servicer, the Trustee
      or the Trust Administrator shall have any responsibility to track or monitor
      the
      administration of the Advance Facility or the payment of Reimbursement Amounts
      to the related Advancing Person or Advance Facility Trustee. Ocwen shall
      maintain and provide to any successor servicer and (upon request) the Trust
      Administrator a detailed accounting on a loan by loan basis as to amounts
      advanced by, sold, pledged or assigned to, and reimbursed to any Advancing
      Person. The successor servicer and the Trust Administrator shall be entitled
      to
      rely on any such information provided by the predecessor servicer, and the
      successor servicer and the Trust Administrator shall not be liable for any
      errors in such information.

     

    An
      Advancing Person who receives an assignment or pledge of the rights to be
      reimbursed for Advances and/or Servicing Advances, and/or whose obligations
      hereunder are limited to the funding or purchase of Advances and/or Servicing
      Advances shall not be required to meet the criteria for qualification of a
      subservicer set forth in this Agreement.

     

    Reimbursement
      Amounts distributed with respect to each Ocwen Mortgage Loan shall be allocated
      to outstanding unreimbursed Advances or Servicing Advances (as the case may
      be)
      made with respect to that Ocwen Mortgage Loan on a “first in, first out” (FIFO)
      basis. Such documentation shall also require Ocwen to provide to the related
      Advancing Person or Advance Facility Trustee loan by loan information with
      respect to each Reimbursement Amount distributed to such Advancing Person or
      Advance Facility Trustee, to enable the Advancing Person or Advance Facility
      Trustee to make the FIFO allocation of each Reimbursement Amount with respect
      to
      each Ocwen Mortgage Loan. Ocwen shall remain entitled to be reimbursed for
      all
      Advances and Servicing Advances funded by Ocwen to the extent the related rights
      to be reimbursed therefor have not been sold, assigned or pledged to an
      Advancing Person.

     

    Ocwen
      shall indemnify the Depositor, the Trustee, the Trust Administrator, the Master
      Servicer, any successor servicer and the Trust Fund for any loss, liability
      or
      damage resulting from any claim by the related Advancing Person, except to
      the
      extent that such claim, loss, liability or damage resulted from or arose out
      of
      negligence, recklessness or willful misconduct or breach of its duties hereunder
      on the part of the Depositor, the Master Servicer, the Trustee, the Trust
      Administrator or any successor servicer.

     

    Any
      amendment to this Section 3.29 or to any other provision of this Agreement
      that
      may be necessary or appropriate to effect the terms of an Advance Facility
      as
      described generally in this Section 3.29, including amendments to add provisions
      relating to a successor servicer, may be entered into by the Trustee, the Trust
      Administrator, the Depositor, the Master Servicer and Ocwen without the consent
      of any Certificateholder, provided such amendment complies with Section 11.01
      hereof. All reasonable costs and expenses (including attorneys’ fees and
      expenses) of each party hereto of any such amendment shall be borne solely
      by
      Ocwen. Prior to entering into an Advance Facility, Ocwen shall notify the
      Advancing Person in writing that: (a) the Advances and/or Servicing Advances
      purchased, financed by and/or pledged to the Advancing Person are obligations
      owed to Ocwen on a non-recourse basis payable only from the cash flows and
      proceeds received under this Agreement for reimbursement of Advances and/or
      Servicing Advances only to the extent provided herein, and the Trustee, the
      Trust Administrator, the Master Servicer and the Trust are not otherwise
      obligated or liable to repay any Advances and/or Servicing Advances financed
      by
      the Advancing Person; (b) Ocwen will be responsible for remitting to the
      Advancing Person the applicable amounts collected by it as reimbursement for
      Advances and/or Servicing Advances funded by the Advancing Person, subject
      to
      the restrictions and priorities created in this Agreement; and (c) neither
      the
      Trustee nor the Trust Administrator shall have any responsibility to track
      or
      monitor the administration of the Advance Facility between Ocwen and the
      Advancing Person.

     

    This
      Section 3.29 may not be amended or otherwise modified without the prior written
      consent of the related Advancing Person.

     

    
      	SECTION
              3.30  	
              Solicitations.

            

    

     

    From
      and
      after the Closing Date, Ocwen agrees that it will not take 

     

    any
      action or permit or cause any action to be taken by any of its agents and
      Affiliates, or by any 

     

    independent
      contractors or independent mortgage brokerage companies on Ocwen’s 

     

    behalf,
      to personally, by telephone, mail or electronic mail, solicit the Mortgagor
      under any 

     

    Ocwen
      Mortgage Loan for the purpose of refinancing such Ocwen Mortgage Loan; provided,
      that the Servicer may solicit any Mortgagor for whom Ocwen has received a
      request for 

     

    verification
      of mortgage, a request for demand for payoff, a mortgagor initiated written
      or
      verbal 

     

    communication
      indicating a desire to prepay the related Ocwen Mortgage Loan, another mortgage
      company has pulled a credit report on the mortgagor or the mortgagor initiates
      a
      title search; provided further, it is understood and agreed that promotions
      undertaken by the 

     

    or
      any of
      its Affiliates which (i) concern optional insurance products or other additional
      products 

     

    or
      (ii)
      are directed to the general public at large, including, without limitation,
      mass
      mailings 

     

    based
      on
      commercially acquired mailing lists, newspaper, radio and television
      advertisements 

     

    shall
      not
      constitute solicitation under this Section, nor is Ocwen prohibited from

     

    responding
      to unsolicited requests or inquiries made by a Mortgagor or an agent of a
      Mortgagor. 

     

    Furthermore,
      Ocwen shall be permitted to include in its monthly statements to 

     

    borrowers
      or otherwise, statements regarding the availability of Ocwen’s counseling

     

    services
      with respect to refinancing mortgage loans.

     

     

     

    ARTICLE
      IIIA

     

    ADMINISTRATION
      AND SERVICING OF THE MORTGAGE LOANS

     

    
      	SECTION
              3A.01  	
              Master
                Servicer to Act as Master Servicer.

            

    

     

    The
      Master Servicer shall supervise, monitor and oversee the obligation of each
      Servicer to service and administer the Mortgage Loans serviced by it in
      accordance with the terms of this Agreement or the related 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 related Servicer and shall cause
      each Servicer to perform and observe the covenants, obligations and conditions
      to be performed or observed by such Servicer under this Agreement or the related
      Servicing Agreement. The Master Servicer shall independently monitor each
      Servicer’s servicing activities 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 such
      Servicer’s and the Master Servicer’s records, and based on such reconciled and
      corrected information, the Master Servicer shall provide such information to
      the
      Trust Administrator as shall be necessary in order for it to prepare the
      statements specified in Section 4.02, and prepare any other information and
      statements required to be forwarded by the Master Servicer hereunder. The Master
      Servicer shall reconcile the results of its Mortgage Loan monitoring with the
      actual remittances of the Servicer to the Distribution Account pursuant to
      Section 3A.11.

     

    The
      Trustee shall furnish each Servicer and the Master Servicer with any powers
      of
      attorney and other documents in form as provided to it necessary or appropriate
      to enable such Servicer and the Master Servicer to service and administer the
      Mortgage Loans and REO Properties.

     

    The
      Trustee and the Trust Administrator shall provide access to the records and
      documentation in possession of the Trustee or the Trust Administrator, as
      applicable, regarding the Mortgage Loans and REO Properties 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
      or
      the Trust Administrator, as applicable; provided, however, that, unless
      otherwise required by law, neither the Trustee nor the Trust 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
      and the Trust 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 or Trust Administrator’s, as
      applicable, actual costs. In addition, the Trustee shall, upon request of the
      Depositor, give the Depositor access to the Mortgage Files in its possession,
      such access being afforded only upon reasonable prior written request and during
      normal business hours at the office of the Trustee. 

     

    The
      Trustee shall execute and deliver to the related Servicer and the Master
      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 or Security Instrument; (iii) obtain a
      deficiency judgment against the Mortgagor; or (iv) enforce any other rights
      or
      remedies provided by the Mortgage Note or Mortgage or otherwise available at
      law
      or equity.

     

    
      	SECTION
              3A.02  	
              [Reserved].

            

    

     

    
      	SECTION
              3A.03  	
              Monitoring
                of Servicers.

            

    

     

    In
      the
      review of each Servicer’s activities, the Master Servicer may rely upon an
      Officers’ Certificate of the related Servicer (or similar document signed by a
      Servicing Officer of the related Servicer) with regard to such Servicer’s
      compliance with the terms of this Agreement or the related Servicing Agreement.
      In the event that the Master Servicer, in its judgment, determines that a
      Servicer should be terminated in accordance with the terms hereof or thereof,
      or
      that a notice should be sent pursuant to the terms hereof or thereof with
      respect to the occurrence of an event that, unless cured, would constitute
      grounds for such termination, the Master Servicer shall notify the Depositor,
      the Trust Administrator and the Trustee thereof and the Master Servicer shall
      issue such notice or take such other action as it deems
      appropriate.

     

    The
      Master Servicer or (if the Master Servicer is the Servicer) the Trustee, for
      the
      benefit of the Certificateholders, shall enforce the obligations of each
      Servicer under this Agreement or the related Servicing Agreement, and shall,
      in
      the event that it receives notice that a Servicer has failed to perform its
      obligations in accordance with this Agreement or
      the
      related Servicing Agreement,
      subject
      to the preceding paragraph, terminate the rights and obligations of such
      Servicer hereunder or thereunder in accordance with the provisions of Article
      VII or the related Servicing Agreement and act as Servicer of such Mortgage
      Loans or appoint a successor servicer; 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 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 Master Servicer or Trustee (or such other successor master
      servicer), as applicable, in its good faith business judgment, would require
      were it the owner of such Mortgage Loans. The Master Servicer or the Trustee
      (or
      such other successor master servicer), as applicable, shall pay the costs of
      such enforcement at its own expense, provided that the Master Servicer or the
      Trustee (or such other successor master servicer), as applicable, shall not
      be
      required to prosecute or defend any legal action except to the extent that
      the
      Master Servicer or the Trustee (or such other successor master servicer), as
      applicable, shall have received reasonable indemnity for its costs and expenses
      in pursuing such action.

     

    To
      the
      extent that the costs and expenses of the Master Servicer or Trustee, as
      applicable, related to any termination of a Servicer, appointment of a successor
      servicer or the transfer and assumption of servicing by the Master Servicer
      or
      the Trustee, as applicable, with respect to this Agreement (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 a Servicer Event of Termination 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
      this Agreement or the related Servicing Agreement) are not fully and timely
      reimbursed by the terminated Servicer, the Master Servicer or the Trustee,
      as
      applicable, shall be entitled to reimbursement of such costs and expenses from
      the Distribution Account.

     

    The
      Master Servicer (or if the Master Servicer is the Servicer, the Trustee (or
      other successor master servicer)) shall, upon receipt from the related Servicer,
      the Master Servicer or the Trust Administrator, of notice of any failure of
      a
      Servicer to comply with the remittance requirements and other obligations set
      forth in this Agreement or the related Servicing Agreement, enforce such
      obligations after consultation with the Depositor.

     

    If
      the
      Master Servicer or the Trustee, as applicable, acts as a Servicer, it will
      not
      assume liability for the representations and warranties of such Servicer that
      it
      replaces.

     

    
      	SECTION
              3A.04  	
              Fidelity
                Bond.

            

    

     

    The
      Master Servicer, at its expense, shall maintain in effect a blanket fidelity
      bond and an errors and omissions insurance policy, 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. The errors and omissions
      insurance policy and the fidelity bond shall be in such form and amount
      generally acceptable for entities serving as Master Servicer.

     

    
      	SECTION
              3A.05  	
              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
      Article X 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 Mortgage Loan, in each
      case, in accordance with the provisions of this Agreement or the related
      Servicing Agreement; provided, however, that the Master Servicer shall not
      (and,
      consistent with its responsibilities under Article X, shall not permit any
      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 the Trust
      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 would 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 or the related Servicer, upon written
      request from a Servicing Officer, with any powers of attorney empowering the
      Master Servicer or such 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 or the related Servicing
      Agreement, and the Trustee shall execute and deliver such other documents,
      as
      the Master 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 misuse of any such powers of attorney by the Master
      Servicer or the related Servicer). 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 8.10
      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 in the name of the Trustee, be deemed to be the agent of the
      Trustee.

     

    
      	SECTION
              3A.06  	
              Due
                on Sale Clauses; Assumption
                Agreements.

            

    

     

    To
      the
      extent Mortgage Loans contain enforceable due-on-sale clauses, the Master
      Servicer shall cause the related Servicer to enforce such clauses in accordance
      with this Agreement. If applicable law prohibits the enforcement of a
      due-on-sale clause or such clause is otherwise not enforced in accordance with
      this Agreement, and, as a consequence, a Mortgage Loan is assumed, the original
      Mortgagor may be released from liability in accordance with this Agreement
      or
      the related Servicing Agreement.

     

    
      	SECTION
              3A.07  	
              [Reserved].

            

    

     

    
      	SECTION
              3A.08  	
              Documents,
                Records and Funds in Possession of Master Servicer to be Held for
                Trustee.

            

    

     

    The
      Master Servicer and the related Servicer shall transmit to the Trustee (or
      the
      related Custodian on behalf of the Trustee) such documents and instruments
      coming into the possession of the Master Servicer or such Servicer from time
      to
      time as are required by the terms hereof to be delivered to the Trustee, the
      Trust Administrator or the related Custodian. Any funds received by the Master
      Servicer or by the related Servicer in respect of any Mortgage Loan or which
      otherwise are collected by the Master Servicer or by the related Servicer as
      Liquidation Proceeds or Insurance Proceeds 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 related Servicer to retain its Servicing Fee and other
      amounts as provided in this Agreement. The Master Servicer shall, and subject
      to
      Section 3.22 or subject to the related Servicing Agreement shall cause the
      related Servicer to, provide access to information and documentation regarding
      the Mortgage Loans to the Trust Administrator, 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 Office of Thrift Supervision, 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 Office of Thrift Supervision 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 or the related 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 related
      Servicer or the Master Servicer, as applicable, 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
      related 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 related Servicer under this Agreement or the related Servicing
      Agreement.

     

    
      	SECTION
              3A.09  	
              Compensation
                for the Master Servicer.

            

    

     

    The
      Master Servicer will be entitled to a portion of the Administration Fee and
      all
      income and gain realized from any investment of funds in the Distribution
      Account, pursuant to Section 3A.11 and Section 3A.12, for the performance of
      its
      activities hereunder (the “Master Servicing Compensation”). Servicing
      compensation in the form of assumption fees, if any, late payment charges,
      as
      collected, if any, or otherwise shall be retained by the Servicer in accordance
      with Section 3.18. The Master Servicer shall be required to pay all expenses
      incurred by it in connection with the performance of its duties hereunder and
      shall not be entitled to reimbursement therefor except as provided in this
      Agreement.

     

    
      	SECTION
              3A.10  	
              Obligations
                of the Master Servicer in Respect of Prepayment Interest
                Shortfalls.

            

    

     

    In
      the
      event of a Prepayment Interest Shortfall, the Master Servicer shall remit to
      the
      Trust Administrator, from its own funds and without right of reimbursement
      (except as described below), not later than the related Distribution Date,
      Compensating Interest in an amount equal to the lesser of (i) the aggregate
      amounts in respect of Compensating Interest required to be paid by the Servicer
      pursuant to Section 3.24 with respect to Prepayment Interest Shortfalls
      attributable to Principal Prepayments in full on the Mortgage Loans for the
      related Distribution Date and not so paid by the related
      Servicer
      and (ii) the aggregate compensation payable to the Master Servicer for the
      related collection period under this Agreement. In the event the Master Servicer
      pays any amount in respect of such Compensating Interest prior to the time
      it
      shall have succeeded as successor servicer, the Master Servicer shall be
      subrogated to the Trust Fund’s right to receive such amount from the related
      Servicer. In the event the Trust Fund receives from the related Servicer all
      or
      any portion of amounts in respect of Compensating Interest required to be paid
      by the related Servicer pursuant to Section 3.24 or pursuant to the related
      Servicing Agreement, not so paid by the related Servicer when required, and
      paid
      by the Master Servicer pursuant to this Section 3A.10, then the Master Servicer
      may reimburse itself for the amount of Compensating Interest paid by the Master
      Servicer from such receipts by the Trust Fund.

     

    
      	SECTION
              3A.11  	
              Distribution
                Account. 

            

    

     

    On
      behalf
      of the Trust Fund, the Trust Administrator shall establish and maintain one
      or
      more accounts (such account or accounts, the “Distribution Account”), held in
      Trust for the benefit of the Trustee and the Certificateholders. The
      Distribution Account shall be an Eligible Account. The Master Servicer will
      deposit in the Distribution Account as identified by the Master Servicer and
      as
      received by the Master Servicer, the following amounts:

     

    (i)  Any
      amounts remitted to the Master Servicer by the related Servicer from the
      Collection Account or the related Custodial Account;

     

    (ii)  Any
      Advances received from a Servicer, or made by the Master Servicer or (if the
      Master Servicer is the Servicer) the Trustee (in each case in its capacity
      as
      successor servicer), and any payments of Compensating Interest received from
      the
      related Servicer or made by the Master Servicer (unless, in the case of the
      Master Servicer, such amounts are deposited by the Master Servicer directly
      into
      the Distribution Account);

     

    (iii)  Any
      Insurance Proceeds or Net Liquidation Proceeds received by or on behalf of
      the
      Master Servicer or which were not deposited in the Collection
      Account;

     

    (iv)  Any
      amounts required to be deposited with respect to losses on investments of
      deposits in the Distribution Account; and

     

    (v)  Any
      other
      amounts received by or on behalf of the Master Servicer and required to be
      deposited in the Distribution Account pursuant to this Agreement.

     

    All
      amounts deposited to the Distribution Account shall be held by the Master
      Servicer in the name of the Trustee in Trust for the benefit of the
      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 (A) late payment charges or
      assumption, tax service, statement account or payoff, substitution,
      satisfaction, release and other like fees and charges and (B) the items
      enumerated in Section 3A.12(a) (with respect the clearing and termination of
      the
      Distribution Account and with respect to amounts deposited in error), in Section
      3A.12(b) or in clauses (i), (ii), (iii) and (iv), (v) of Section 3A.12(c),
      need
      not be credited by the Master Servicer to the Distribution Account. In the
      event
      that the Master Servicer shall deposit or cause to be deposited to the
      Distribution Account any amount not required to be credited thereto, the Trustee
      or the Trust Administrator, upon receipt of a written request therefor signed
      by
      a Servicing Officer of the Master Servicer, shall promptly transfer such amount
      to the Master Servicer, any provision herein to the contrary
      notwithstanding.

     

    The
      Trust
      Administrator may direct any depository institution maintaining the Distribution
      Account to invest the funds on deposit in such account or to hold such funds
      uninvested. All investments pursuant to this Section 3A.11 shall be in one
      or
      more Permitted Investments bearing interest or sold at a discount, and maturing,
      unless payable on demand, (i) no later than the Business Day immediately
      preceding the date on which such funds are required to be withdrawn from such
      account pursuant to this Agreement, if a Person other than the Trust
      Administrator is the obligor thereon or if such investment is managed or advised
      by a Person other than the Trust Administrator or an Affiliate of the Trust
      Administrator, and (ii) no later than the date on which such funds are required
      to be withdrawn from such account pursuant to this Agreement, if the Trust
      Administrator is the obligor thereon or if such investment is managed or advised
      by the Trust Administrator or any Affiliate. All such Permitted Investments
      shall be held to maturity, unless payable on demand. Any investment of funds
      in
      the Distribution Account shall be made in the name of the Trustee, or in the
      name of a nominee of the Trust Administrator. The Trust Administrator shall
      be
      entitled to sole possession over each such investment, and any certificate
      or
      other instrument evidencing any such investment shall be delivered directly
      to
      the Trust Administrator or its agent, together with any document of transfer
      necessary to transfer title to such investment to the Trust Administrator or
      its
      nominee. In the event amounts on deposit in the Distribution Account are at
      any
      time invested in a Permitted Investment payable on demand, the Trust
      Administrator shall:

     

    (x) consistent
      with any notice required to be given thereunder, demand that payment thereon
      be
      made on the last day such Permitted Investment may otherwise mature hereunder
      in
      an amount equal to the lesser of (1) all amounts then payable thereunder and
      (2)
      the amount required to be withdrawn on such date; and

     

    (y) demand
      payment of all amounts due thereunder promptly upon determination by a
      Responsible Officer of the Trust Administrator that such Permitted Investment
      would not constitute a Permitted Investment in respect of funds thereafter
      on
      deposit in the Distribution Account.

     

    All
      income and gain realized from the investment of funds deposited in the
      Distribution Account shall be for the benefit of the Master Servicer. The Trust
      Administrator shall deposit in the Distribution Account the amount of any loss
      of principal incurred in respect of any such Permitted Investment made with
      funds in such Account immediately upon realization of such loss.

     

    
      	SECTION
              3A.12  	
              Permitted
                Withdrawals and Transfers from the Distribution
                Account.

            

    

     

    (a)
      The
      Trust Administrator will, from time to time on demand of the Master Servicer,
      a
      Servicer or the Trustee, make or cause to be made such withdrawals or transfers
      from the Distribution Account pursuant to this Agreement. The Trust
      Administrator may clear and terminate the Distribution Account pursuant to
      Section 9.01 and remove amounts from time to time deposited in
      error.

     

    (b)
      On an
      ongoing basis, the Trust Administrator shall withdraw funds from the
      Distribution Account to pay (i) any Extraordinary Trust Fund Expenses including
      but not limited to amounts payable to the Servicer or the Depositor pursuant
      to
      Section 6.03(b) or Master Servicer pursuant to Section 6.03(c), and (ii) any
      amounts expressly payable to the Master Servicer as set forth in Section
      3A.09.

     

    (c)
      The
      Trust Administrator may withdraw from the Distribution Account any of the
      following amounts (in the case of any such amount payable or reimbursable to
      the
      related Servicer, only to the extent such Servicer shall not have paid or
      reimbursed itself such amount prior to making any remittance to the Master
      Servicer pursuant to the terms of this Agreement or the related Servicing
      Agreement):

     

    (v)  to
      reimburse the Master Servicer or (if the Master Servicer is the Servicer) the
      Trustee (to the extent either of them is obligated to do so as successor
      Servicer) for any Advance of its own funds, the right of the Master Servicer
      or
      the Trustee, as applicable, to reimbursement pursuant to this subclause (i)
      being limited to amounts received on a particular Mortgage Loan (including,
      for
      this purpose, the Purchase Price therefor, Insurance Proceeds, Liquidation
      Proceeds and Subsequent Recoveries) which represent late payments or recoveries
      of the principal of or interest on such Mortgage Loan respecting which such
      Advance was made;

     

    (vi)  to
      reimburse the Master Servicer from Insurance Proceeds, Liquidation Proceeds
      or
      Subsequent Recoveries relating to a particular Mortgage Loan for amounts
      expended by the Master 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;

     

    (vii)  to
      reimburse the Master 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 from Liquidation Proceeds and Subsequent
      Recoveries from a particular Mortgage Loan for Liquidation Expenses incurred
      with respect to such Mortgage Loan;

     

    (viii)  to
      reimburse the Master Servicer for advances of funds (other than Advances) made
      with respect to the Mortgage Loans, 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 Subsequent Recoveries) which represent late recoveries
      of the payments for which such advances were made;

     

    (ix)  to
      reimburse the Master Servicer or (if the Master Servicer is the Servicer) the
      Trustee (to the extent either of them is obligated to do so as successor
      Servicer) for any Advance or Servicing Advance, after a Realized Loss has been
      allocated with respect to the related Mortgage Loan if the Advance or Servicing
      Advance has not been reimbursed pursuant to clauses (i) through
      (iv);

     

    (x)  to
      pay
      the Credit Risk Manager the Credit Risk Manager Fee;

     

    (xi)  to
      make
      distributions in accordance with Section 4.01;

     

    (xii)  to
      pay
      compensation to the Trust Administrator on each Distribution Date;

     

    (xiii)  to
      pay
      any amounts in respect of taxes pursuant to Section 10.01(g);

     

    (xiv)  without
      duplication of the amount set forth in clause (iii) above, to pay any
      Extraordinary Trust Fund Expenses to the extent not paid by the Master Servicer
      from the Distribution Account;

     

    (xv)  without
      duplication of any of the foregoing, to reimburse or pay the related Servicer
      any such amounts as are due thereto under this Agreement and have not been
      retained by or paid to the related Servicer, to the extent provided in this
      Agreement or the related Servicing Agreement and to refund to the related
      Servicer any amount remitted by such Servicer to the Master Servicer in
      error;

     

    (xvi)  to
      pay to
      the Master Servicer, any interest or investment income earned on funds deposited
      in the Distribution Account;

     

    (xvii)  to
      withdraw any amount deposited in the Distribution Account in error;
      and

     

    (xviii)  to
      clear
      and terminate the Distribution Account pursuant to Section 9.01.

     

    The
      Master Servicer 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 clauses (i) through (v) above or with
      respect to any such amounts which would have been covered by such clauses had
      the amounts not been retained by the Master Servicer without being deposited
      in
      the Distribution Account.

     

    On
      each
      Distribution Date, the Master Servicer or (if the Master Servicer is the
      Servicer) the Trustee (to the extent either of them is obligated to do so as
      a
      successor Servicer) shall remit to the Trust Administrator for deposit in the
      Distribution Account any Advances required to be made, but not made by Ocwen
      or
      any other Servicer and the Master Servicer shall deposit in the Distribution
      Account any Compensating Interest required to be paid by Ocwen or any other
      Servicer, in either such case by the Master Servicer or the Trustee, as
      applicable, with respect to the Mortgage Loans.

     

    

     

    ARTICLE
      IV

     

    FLOW
      OF
      FUNDS

     

    
      	SECTION
              4.01  	
              Distributions.

            

    

     

    (a)  (I)
      On
      each Distribution Date, the Trust Administrator shall, first, withdraw from
      the
      Distribution Account an amount equal to the Credit Risk Manager Fee for such
      Distribution Date and shall pay such amount to the Credit Risk Manager and,
      then, withdraw that portion of Available Funds for such Distribution Date
      consisting of the Group I Interest Remittance Amount for such Distribution
      Date,
      and make the following disbursements and transfers in the order of priority
      described below, in each case to the extent of the Group I Interest Remittance
      Amount remaining for such Distribution Date:

     

    (i)  to
      the
      Holders of the Group I Certificates, the Monthly Interest Distributable Amount
      and the Unpaid Interest Shortfall Amount, if any, for such Class;
      and

     

    (ii)  concurrently,
      to the Holders of the Group II Certificates, on a pro
      rata basis
      based on the entitlement of each such Class, an amount equal to the excess,
      if
      any, of (x) the amount required to be distributed pursuant to Section
      4.01(a)(II)(i) below for such Distribution Date over (y) the amount actually
      distributed pursuant to such clause from the Group II Interest Remittance
      Amount.

     

    (II) On
      each
      Distribution Date the Trust Adminsitrator shall withdraw from the Distribution
      Account that portion of Available Funds for such Distribution Date consisting
      of
      the Group II Interest Remittance Amount for such Distribution Date, and make
      the
      following disbursements and transfers in the order of priority described below,
      in each case to the extent of the Group II Interest Remittance Amount remaining
      for such Distribution Date.

     

    (i)  concurrently,
      to the Holders of the Group II Certificates, on a pro
      rata
      basis
      based on the entitlement of each such Class, the Monthly Interest Distributable
      Amount and the Unpaid Interest Shortfall Amount, if any, for each such Class;
      and

     

    (ii)  to
      the
      Holders of the Group I Certificates, an amount equal to the excess, if any,
      of
      (x) the amount required to be distributed pursuant to Section 4.01(a)(I)(i)
      above for such Distribution Date over (y) the amount actually distributed
      pursuant to such clause from the Group I Interest Remittance
      Amount.

     

    (III) On
      each
      Distribution Date, distributions to the extent of the sum of the Group I
      Interest Remittance Amount and the Group II Interest Remittance Amount remaining
      undistributed for such Distribution Date shall be distributed sequentially,
      to
      the Holders of the Class M-1 Certificates, the Class M-2 Certificates, the
      Class
      M-3 Certificates, the Class M-4 Certificates, the Class M-5 Certificates, the
      Class M-6 Certificates, the Class M-7 Certificates, the Class M-8 Certificates
      (concurrently, to the holders of the Class M-8A Certificates and the Class
      M-8B
      Certificates, on a pro
      rata
      basis
      based on the entitlement of each such class), the Class M-9 Certificates and
      the
      Class M-10 Certificates, in that order, in an amount equal to the Monthly
      Interest Distributable Amount for each such Class.

     

    (b)  (I)On
      each
      Distribution Date (a) prior to the Stepdown Date or (b) on which
      a
      Trigger Event is in effect, distributions in respect of principal to the extent
      of the Group I Principal Distribution Amount shall be made in the following
      amounts and order of priority:

     

    (i)  to
      the
      Holders of the Group I Certificates, until the Certificate Principal Balance
      thereof has been reduced to zero; and

     

    (ii)  after
      taking into account the amount distributed to the Holders of the Group II
      Certificates pursuant to Section 4.01(b)(II)(i) below on such Distribution
      Date,
      to the Holders of the Group II Certificates (allocated among the Group II
      Certificates in the priority described below), until the Certificate Principal
      Balances thereof have been reduced to zero.

     

    (II) On
      each
      Distribution Date (a) prior to the Stepdown Date or (b) on which a Trigger
      Event
      is in effect, distributions in respect of principal to the extent of the Group
      II Principal Distribution Amount shall be made in the following amounts and
      order of priority:

     

    (i)  to
      the
      Holders of the Group II Certificates (allocated among Group II Certificates
      in
      the priority described below), until the Certificate Principal Balances thereof
      have been reduced to zero; and

     

    (ii)  after
      taking into account the amount distributed to the Holders of the Group I
      Certificates pursuant to Section 4.01(b)(I)(i) above on such Distribution Date,
      to the Holders of the Group I Certificates, until the Certificate Principal
      Balance thereof has been reduced to zero.

     

    (III) On
      each
      Distribution Date (a) prior to the Stepdown Date or (b) on which a Trigger
      Event
      is in effect, distributions in respect of principal to the extent of the sum
      of
      the Group I Principal Distribution Amount and the Group II Principal
      Distribution Amount remaining undistributed for such Distribution Date shall
      be
      distributed sequentially, to the Holders of the Class M-1 Certificates, the
      Class M-2 Certificates, the Class M-3 Certificates, the Class M-4 Certificates,
      the Class M-5 Certificates, the Class M-6 Certificates, the Class M-7
      Certificates, the Class M-8 Certificates (concurrently, to the holders of the
      Class M-8A Certificates and the Class M-8B Certificates, on a pro
      rata
      basis
      based on the Certificate Principal Balance of each such class), the Class M-9
      Certificates and the Class M-10 Certificates, in that order, in each case,
      until
      the Certificate Principal Balance thereof has been reduced to zero.

     

    (IV) On
      each
      Distribution Date (a) on or after the Stepdown Date and (b) on which a Trigger
      Event is not in effect, distributions in respect of principal to the extent
      of
      the Group I Principal Distribution Amount shall be made in the following amounts
      and order of priority:

     

    (i)  to
      the
      Holders of the Group I Certificates, the Group I Senior Principal Distribution
      Amount until the Certificate Principal Balance thereof has been reduced to
      zero;
      and

     

    (ii)  to
      the
      Holders of the Group II Certificates (allocated among Group II Certificates
      in
      the priority described below), an amount equal to the excess, if any, of (x)
      the
      amount required to be distributed pursuant to Section 4.01(b)(V)(i) below for
      such Distribution Date over (y) the amount actually distributed pursuant to
      Section 4.01(b)(V)(i) below from the Group II Principal Distribution Amount
      on
      such Distribution Date.

     

    (V) On
      each
      Distribution Date (a) on or after the Stepdown Date and (b) on which a Trigger
      Event is not in effect, distributions in respect of principal to the extent
      of
      the Group II Principal Distribution Amount shall be made in the following
      amounts and order of priority:

     

    (i)  to
      the
      Holders of the Group II Certificates (allocated among Group II Certificates
      in
      the priority described below), the Group II Senior Principal Distribution Amount
      until the Certificate Principal Balances thereof have been reduced to zero;
      and

     

    (ii)  to
      the
      Holders of the Group I Certificates, an amount equal to the excess, if any,
      of
      (x) the amount required to be distributed pursuant to Section 4.01(b)(IV)(i)
      above for such Distribution Date over (y) the amount actually distributed
      pursuant to Section 4.01(b)(IV)(i) above from the Group I Principal Distribution
      Amount on such Distribution Date.

     

    (VI) On
      each
      Distribution Date (a) on or after the Stepdown Date and (b) on which a Trigger
      Event is not in effect, distributions in respect of principal to the extent
      of
      the sum of the Group I Principal Distribution Amount and the Group II Principal
      Distribution Amount remaining undistributed for such Distribution Date shall
      be
      made in the following amounts and order of priority:

     

    (i)  to
      the
      Holders of the Class M-1 Certificates, the Class M-1 Principal Distribution
      Amount until the Certificate Principal Balance thereof has been reduced to
      zero;

     

    (ii)  to
      the
      Holders of the Class M-2 Certificates, the Class M-2 Principal Distribution
      Amount until the Certificate Principal Balance thereof has been reduced to
      zero;

     

    (iii)  to
      the
      Holders of the Class M-3 Certificates, the Class M-3 Principal Distribution
      Amount until the Certificate Principal Balance thereof has been reduced to
      zero;

     

    (iv)  to
      the
      Holders of the Class M-4 Certificates, the Class M-4 Principal Distribution
      Amount until the Certificate Principal Balance thereof has been reduced to
      zero;

     

    (v)  to
      the
      Holders of the Class M-5 Certificates, the Class M-5 Principal Distribution
      Amount until the Certificate Principal Balance thereof has been reduced to
      zero;

     

    (vi)  to
      the
      Holders of the Class M-6 Certificates, the Class M-6 Principal Distribution
      Amount until the Certificate Principal Balance thereof has been reduced to
      zero;

     

    (vii)  to
      the
      Holders of the Class M-7 Certificates, the Class M-7 Principal Distribution
      Amount until the Certificate Principal Balance thereof has been reduced to
      zero;

     

    (viii)  concurrently,
      to the Holders of the Class M-8 Certificates, on a pro
      rata
      basis
      based on the Certificate Principal Balance of each such class, the Class M-8
      Principal Distribution Amount, until the Certificate Principal Balance thereof
      have been reduced to zero;

     

    (ix)  to
      the
      Holders of the Class M-9 Certificates, the Class M-9 Principal Distribution
      Amount until the Certificate Principal Balance thereof has been reduced to
      zero;
      and

     

    (x)  to
      the
      Holders of the Class M-10 Certificates, the Class M-10 Principal Distribution
      Amount until the Certificate Principal Balance thereof has been reduced to
      zero.

     

    With
      respect to the Group II Certificates, all principal distributions will be
      distributed sequentially, first, to the Holders of the Class II-A-1
      Certificates, until the Certificate Principal Balance of the Class II-A-1
      Certificates has been reduced to zero; second, to the Holders of the Class
      II-A-2 Certificates, until the Certificate Principal Balance of the Class II-A-2
      Certificates has been reduced to zero; third, to the Holders of the Class II-A-3
      Certificates, until the Certificate Principal Balance of the Class II-A-3
      Certificates has been reduced to zero and fourth, to the Holders of the Class
      II-A-4 Certificates, until the Certificate Principal Balance of the Class II-A-4
      Certificates has been reduced to zero; provided, however, on any Distribution
      Date on which the aggregate Certificate Principal Balance of the Mezzanine
      Certificates and the Class C Certificates has been reduced to zero, all
      principal distributions will be distributed concurrently, to the Holders of
      the
      Senior Certificates, on a pro
      rata
      basis
      based on the Certificate Principal Balance of each such Class.

     

    (c)  On
      each
      Distribution Date, the Net Monthly Excess Cashflow shall be distributed as
      follows:

     

    (i)  to
      the
      Holders of the Class or Classes of Certificates then entitled to receive
      distributions in respect of principal, in an amount equal to any Extra Principal
      Distribution Amount, distributable to such Holders as part of the Group I
      Principal Distribution Amount and/or the Group II Principal Distribution Amount
      as described under Section 4.01(b) above;

     

    (ii)  sequentially,
      to the Holders of the Class M-1 Certificates, the Class M-2 Certificates, the
      Class M-3 Certificates, the Class M-4 Certificates, the Class M-5 Certificates,
      the Class M-6 Certificates, the Class M-7 Certificates, the Class M-8
      Certificates (concurrently, to the holders of the Class M-8A Certificates and
      the Class M-8B Certificates, on a pro
      rata
      basis
      based on the entitlement of each such class), the Class M-9 Certificates and
      the
      Class M-10 Certificates, in that order, first, up to the Unpaid Interest
      Shortfall Amount for each such Class and second, up to the Allocated Realized
      Loss Amount for each such Class;

     

    (iii)  to
      the
      Net WAC Rate Carryover Reserve Account, the aggregate of any Net WAC Rate
      Carryover Amounts for the Floating Rate Certificates which exceed the amounts
      received under the Basis Risk Cap Agreement, without taking into account
      amounts, if any, received
      by the Supplemental Interest Trust Trustee under the Interest Rate Swap
      Agreement or the Cap Trustee under the Interest Rate Cap Agreement;

     

    (iv)  to
      the
      Supplemental Interest Trust Trustee for payment to the Swap Provider, any Swap
      Termination Payments resulting from a Swap Provider Trigger Event;

     

    (v)  to
      the
      Holders of the Class C Certificates, (a) the Monthly Interest Distributable
      Amount for such Distribution Date and any Overcollateralization Release Amount
      for such Distribution Date and (b) on any Distribution Date on which the
      Certificate Principal Balances of the Floating Rate Certificates have been
      reduced to zero, any remaining amounts in reduction of the Certificate Principal
      Balance of the Class C Certificates, until the Certificate Principal Balance
      thereof has been reduced to zero;

     

    (vi)  if
      such
      Distribution Date follows the Prepayment Period during which occurs the latest
      date on which a Prepayment Charge may be required to be paid in respect of
      any
      Mortgage Loans, to the Holders of the Class P Certificates, in reduction of
      the
      Certificate Principal Balance thereof, until the Certificate Principal Balance
      thereof is reduced to zero; 

     

    (vii)  to
      the
      Holders of the Class X Certificates, any recoveries in respect of the Charged
      Off Loans; and

     

    (viii)  any
      remaining amounts to the Holders of the Residual Certificates (in respect of
      the
      Class R-4 Interest).

     

    (d)  On
      each
      Distribution Date, after making the distributions of the Available Funds as
      set
      forth above, the Trust Administrator shall withdraw from the Net WAC Rate
      Carryover Reserve Account, to the extent of amounts remaining on deposit
      therein, the aggregate of any Net WAC Rate Carryover Amounts for such
      Distribution Date and distribute such amount in the following order of
      priority:

     

    (i)  concurrently,
      to each Class of Senior Certificates, the related Basis Risk Cap Amount, from
      payments made under the Basis Risk Cap Agreement, in each case up to a maximum
      amount equal to the related Net WAC Rate Carryover Amount for such Distribution
      Date;

     

    (ii)  sequentially,
      the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3
      Certificates, the Class M-4 Certificates, the Class M-5 Certificates, the Class
      M-6 Certificates, the Class M-7 Certificates, the Class M-8 Certificates
      (concurrently, to the holders of the Class M-8A Certificates and the Class
      M-8B
      Certificates, on a pro
      rata basis
      based on
      the entitlement of each such class), the Class M-9 Certificates and the Class
      M-10 Certificates, in that order, the related Basis Risk Cap Amount, from
      payments made under the Basis Risk Cap Agreement, in each case up to a maximum
      amount equal to the related Net WAC Rate Carryover Amount for such Distribution
      Date;

     

    (iii)  concurrently,
      to each Class of Senior Certificates, the related Net WAC Rate Carryover Amount
      remaining undistributed pursuant to clause (i) above, on a pro
      rata
      basis
      based on such respective remaining Net WAC Rate Carryover Amounts;
      and

     

    (iv)  sequentially,
      to the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3
      Certificates, the Class M-4 Certificates, the Class M-5 Certificates, the Class
      M-6 Certificates, the Class M-7 Certificates, the Class M-8 Certificates
(concurrently,
      to the holders of the Class M-8A Certificates and the Class M-8B Certificates,
      on a pro
      rata
      basis
      based on the entitlement of each such class),
      the
      Class M-9 Certificates and the Class M-10 Certificates, in that order, the
      related Net WAC Rate Carryover Amount remaining undistributed pursuant to clause
      (ii) above.

     

    (e)  On
      or
      before each Distribution Date, Net Swap Payments (whether payable to the Swap
      Provider or to the Supplemental Interest Trust Trustee), any Swap Termination
      Payment owed to the Swap Provider not resulting from a Swap Provider Trigger
      Event pursuant to the Interest Rate Swap Agreement and any Swap Termination
      Payments owed to the Supplemental Interest Trust Trustee will be deposited
      by
      the Supplemental Interest Trust Trustee into the Swap Account. On each
      Distribution Date, the Trust Administrator shall withdraw from amounts on
      deposit in the Swap Account (other than amounts representing Swap Termination
      Payments received by the Supplemental Interest Trust Trustee or Net Swap
      Payments received by the Supplemental Interest Trust Trustee) prior to any
      distribution to any Certificates as follows:

     

    (i)  to
      the
      Swap Provider, any Net Swap Payment owed to the Swap Provider pursuant to the
      Interest Rate Swap Agreement for such Distribution Date; and

     

    (ii)  to
      the
      Swap Provider, any Swap Termination Payment owed to the Swap Provider not due
      to
      a Swap Provider Trigger Event pursuant to the Interest Rate Swap Agreement
      and
      to the extent not paid by the Trust Administrator (in its capacity as
      Supplemental Interest Trust Trustee) from any upfront payment received pursuant
      to any replacement interest rate swap agreement.

     

    On
      each
      Distribution Date, after making the distributions of the Available Funds, Net
      Monthly Excess Cashflow and amounts on deposit in the Net WAC Rate Carryover
      Reserve Account as set forth above, the Trust Administrator shall distribute
      the
      amount on deposit in the Swap Account as follows:

     

    (i)  concurrently,
      to each Class of Senior Certificates, the related Monthly Interest Distributable
      Amount and Unpaid Interest Shortfall Amount remaining undistributed, on a
pro
      rata
      basis
      based on such respective remaining Monthly Interest Distributable Amount and
      Unpaid Interest Shortfall Amount;

     

    (ii)  sequentially,
      to the Class M-1 Certificates,
      Class
      M-2 Certificates, Class M-3 Certificates, Class M-4 Certificates, Class M-5
      Certificates, Class M-6 Certificates, Class M-7 Certificates, Class M-8
      Certificates (concurrently,
      to the holders of the Class M-8A Certificates and the Class M-8B Certificates,
      on a pro
      rata
      basis
      based on the entitlement of each such class),
      Class
      M-9 Certificates and Class M-10 Certificates, in that order, the related Monthly
      Interest Distributable Amount and Unpaid Interest Shortfall Amount, to the
      extent remaining undistributed;

     

    (iii)  to
      the
      Holders of the Class or Classes of Certificates then entitled to receive
      distributions in respect of principal, in an amount equal to any Extra Principal
      Distribution Amount, distributable to such Holders as part of the Group I
      Principal Distribution Amount and/or the Group II Principal Distribution
      Amount;

     

    (iv)  sequentially
      to the Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
      Class M-4 Certificates, Class M-5 Certificates, Class M-6 Certificates, Class
      M-7 Certificates, Class M-8 Certificates (concurrently,
      to the holders of the Class M-8A Certificates and the Class M-8B Certificates,
      on a pro
      rata
      basis
      based on the entitlement of each such class),
      Class
      M-9 Certificates and Class M-10 Certificates, in that order, in each case up
      to
      the related Allocated Realized Loss Amount related to such Certificates for
      such
      Distribution Date remaining undistributed;

     

    (v)  concurrently,
      to each Class of Senior Certificates, the related Net WAC Rate Carryover Amount,
      to the extent remaining undistributed after distributions are made from the
      Net
      WAC Rate Carryover Reserve Account, on a pro
      rata
      basis
      based on such respective Net WAC Rate Carryover Amounts remaining;

     

    (vi)  sequentially,
      to the Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
      Class M-4 Certificates, Class M-5 Certificates, Class M-6 Certificates, Class
      M-7 Certificates, Class M-8 Certificates (concurrently,
      to the holders of the Class M-8A Certificates and the Class M-8B Certificates,
      on a pro
      rata
      basis
      based on the entitlement of each such class),
      Class
      M-9 Certificates and Class M-10 Certificates, in that order, the related Net
      WAC
      Rate Carryover Amount, to the extent remaining undistributed after distributions
      are made from the Net WAC Rate Carryover Reserve Account; and

     

    (vii)  any
      remaining amounts to the Holders of the Class C Certificates.

     

    Notwithstanding
      any of the foregoing, the aggregate amount distributed under Section
      4.01(e)(iii) above on such Distribution Date, when added to the cumulative
      amount distributed under Section 4.01(e)(iii) above on all prior Distribution
      Dates, will not be permitted to exceed the cumulative amount of Realized Losses
      incurred on the Mortgage Loans since the Cut-off Date through the last day
      of
      the Prepayment Period (reduced by the aggregate amount of Subsequent Recoveries
      received since the Cut-off date through the last day of the Prepayment Period).
      Any amounts that would otherwise be distributable from the Supplemental Interest
      Trust on any Distribution Date under Section 4.01(e)(iii) above, but for the
      foregoing proviso, will be retained in the Supplemental Interest Trust and
      will
      be included in amounts available for distribution from the Supplemental Interest
      Trust on the next succeeding Distribution Date, subject to the foregoing proviso
      in the case of amounts to be distributed under Section 4.01(e)(iii)
      above.

     

    (f)  On
      each
      Distribution Date, after making the distributions of the Available Funds, Net
      Monthly Excess Cashflow, amounts on deposit in the Net WAC Rate Carryover
      Reserve Account and amounts on deposit in the Swap Account as set forth above,
      the Trust Administrator shall distribute the amount on deposit in the Cap
      Account as follows:

     

    (i)  concurrently,
      to each Class of Senior Certificates, the related Monthly Interest Distributable
      Amount and Unpaid Interest Shortfall Amount remaining undistributed, on a
pro
      rata
      basis
      based on such respective remaining Monthly Interest Distributable Amount and
      Unpaid Interest Shortfall Amount;

     

    (ii)  sequentially,
      to the Class M-1 Certificates,
      Class
      M-2 Certificates, Class M-3 Certificates, Class M-4 Certificates, Class M-5
      Certificates, Class M-6 Certificates, Class M-7 Certificates, Class M-8
      Certificates (concurrently,
      to the holders of the Class M-8A Certificates and the Class M-8B Certificates,
      on a pro
      rata
      basis
      based on the entitlement of each such class),
      Class
      M-9 Certificates and Class M-10 Certificates,, in that order, the related
      Monthly Interest Distributable Amount and Unpaid Interest Shortfall Amount,
      to
      the extent remaining undistributed;

     

    (iii)  to
      the
      Holders of the Class or Classes of Certificates then entitled to receive
      distributions in respect of principal, in an amount equal to any Extra Principal
      Distribution Amount, without taking into account amounts, if any, received
      under
      the Interest Rate Swap Agreement, distributable to such Holders as part of
      the
      Group I Principal Distribution Amount and/or the Group II Principal Distribution
      Amount;

     

    (iv)  sequentially
      to the Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
      Class M-4 Certificates, Class M-5 Certificates, Class M-6 Certificates, Class
      M-7 Certificates, Class M-8 Certificates (concurrently,
      to the holders of the Class M-8A Certificates and the Class M-8B Certificates,
      on a pro
      rata
      basis
      based on the entitlement of each such class),
      Class
      M-9 Certificates and Class M-10 Certificates,, in that order, in each case
      up to
      the related Allocated Realized Loss Amount related to such Certificates for
      such
      Distribution Date remaining undistributed;

     

    (v)  concurrently,
      to each Class of Senior Certificates, the related Net WAC Rate Carryover Amount,
      to the extent remaining undistributed after distributions are made from the
      Net
      WAC Rate Carryover Reserve Account, on a pro
      rata
      basis
      based on such respective Net WAC Rate Carryover Amounts remaining;

     

    (vi)  sequentially,
      to the Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates,
      Class M-4 Certificates, Class M-5 Certificates, Class M-6 Certificates, Class
      M-7 Certificates, Class M-8 Certificates (concurrently,
      to the holders of the Class M-8A Certificates and the Class M-8B Certificates,
      on a pro
      rata
      basis
      based on the entitlement of each such class) and
      Class
      M-9 Certificates, in that order, the related Net WAC Rate Carryover Amount,
      to
      the extent remaining undistributed after distributions are made from the Net
      WAC
      Rate Carryover Reserve Account; and

     

    (vii)  any
      remaining amounts to the Sponsor or its designee, as set forth in the Cap
      Allocation Agreement.

     

    (g)  On
      each
      Distribution Date, all amounts representing Prepayment Charges in respect of
      the
      Mortgage Loans received during the related Prepayment Period and the Servicer
      Prepayment Charge Payment Amounts paid by the related Servicer during the
      related Prepayment Period will be withdrawn from the Distribution Account and
      distributed by the Trust Administrator to the Holders of the Class P
      Certificates and shall not be available for distribution to the Holders of
      any
      other Class of Certificates. The payment of the foregoing amounts to the Holders
      of the Class P Certificates shall not reduce the Certificate Principal Balances
      thereof. 

    

      (h)  On
        each
        Distribution Date, all amounts representing income and gain realized from
        the
        investment of funds deposited in the Distribution Account during the Float
        Period, will be withdrawn from the Distribution Account and distributed by
        the
        Trust Administrator to the Holders of the Class FL Certificates and shall
        not be
        available for distribution to the Holders of any other Class of Certificates.
        The payment of the foregoing amounts to the Holders of the Class FL Certificates
        shall not reduce the Certificate Principal Balances thereof.

       

    

    (i)  The
      Trust
      Administrator shall make distributions in respect of a Distribution Date to
      each
      Certificateholder of record on the related Record Date (other than as provided
      in Section 10.01 respecting the final distribution), in the case of
      Certificateholders of the Regular Certificates, by check or money order mailed
      to such Certificateholder at the address appearing in the Certificate Register,
      or by wire transfer. Distributions among Certificateholders shall be made in
      proportion to the Percentage Interests evidenced by the Certificates held by
      such Certificateholders.

     

    (j)  Each
      distribution with respect to a Book-Entry Certificate shall be paid to the
      Depository, which shall credit the amount of such distribution to the accounts
      of its Depository Participants in accordance with its normal procedures. Each
      Depository Participant shall be responsible for disbursing such distribution
      to
      the Certificate Owners that it represents and to each indirect participating
      brokerage firm (a “brokerage firm” or “indirect participating firm”) for which
      it acts as agent. Each brokerage firm shall be responsible for disbursing funds
      to the Certificate Owners that it represents. All such credits and disbursements
      with respect to a Book-Entry Certificate are to be made by the Depository and
      the Depository Participants in accordance with the provisions of the
      Certificates. None of the Trustee, the Depositor or the Servicer shall have
      any
      responsibility therefor except as otherwise provided by applicable
      law.

     

    On
      each
      Distribution Date, following the foregoing distributions, an amount equal to
      the
      amount of Subsequent Recoveries deposited into the Collection Account pursuant
      to Section 3.10 shall be applied to increase the Certificate Principal Balance
      of the Class of Certificates with the Highest Priority up to the extent of
      such
      Realized Losses previously allocated to that Class of Certificates pursuant
      to
      Section 4.08. An amount equal to the amount of any remaining Subsequent
      Recoveries shall be applied to increase the Certificate Principal Balance of
      the
      Class of Certificates with the next Highest Priority, up to the amount of such
      Realized Losses previously allocated to that Class of Certificates pursuant
      to
      Section 4.08. Holders of such Certificates will not be entitled to any
      distribution in respect of interest on the amount of such increases for any
      Interest 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.

     

    (k)  It
      is the
      intention of all of the parties hereto that the Class C Certificates receive
      all
      principal and interest received by the Trust on the Mortgage Loans that is
      not
      otherwise distributable to any other Class of Regular Certificates or REMIC
      Regular Interests and that the Residual Certificates are to receive no principal
      and interest. If the Trust Administrator determines that the Residual
      Certificates are entitled to any distributions, the Trust Administrator, prior
      to any such distribution to any Residual Certificate, shall notify the Depositor
      of such impending distribution but shall make such distribution in accordance
      with the terms of this Agreement until this Agreement is amended as specified
      in
      the following sentence. Upon such notification, the Depositor will request
      an
      amendment to the Pooling and Servicing Agreement to revise such mistake in
      the
      distribution provisions. The Residual Certificate Holders, by acceptance of
      their Certificates, and the Servicer(s), hereby agree to any such amendment
      and
      no further consent shall be necessary, notwithstanding anything to the contrary
      in Section 11.01 of this Pooling and Servicing Agreement; provided, however,
      that such amendment shall otherwise comply with Section 11.01
      hereof.

     

    
      	SECTION
              4.02  	
              [Reserved].

            

    

     

    
      	SECTION
              4.03  	
              Statements.

            

    

     

    (a)  On
      each
      Distribution Date, based, as applicable, on information provided to the Trust
      Administrator by the Master Servicer (which in turn shall be based, as
      applicable, on information provided to the Master Servicer by the Servicers)
      the
      Trust Administrator shall prepare and make available to each Holder of the
      Regular Certificates, each Servicer, the Credit Risk Manager and the Rating
      Agencies, a statement as to the distributions made on such Distribution
      Date:

     

    (i)  the
      amount of the distribution made on such Distribution Date to the Holders of
      each
      Class of Regular Certificates, separately identified, allocable to principal
      and
      the amount of the distribution made to the Holders of the Class P Certificates
      allocable to Prepayment Charges and Servicer Prepayment Charge Payment
      Amounts;

     

    (ii)  the
      amount of the distribution made on such Distribution Date to the Holders of
      each
      Class of Regular Certificates (other than the Class P Certificates) allocable
      to
      interest, separately identified;

     

    (iii)  the
      Net
      Monthly Excess Cashflow, the Overcollateralized Amount, the
      Overcollateralization Release Amount, the Overcollateralization Deficiency
      Amount and the Overcollateralization Target Amount as of such Distribution
      Date
      and the Excess Overcollateralized Amount for the Mortgage Pool for such
      Distribution Date;

     

    (iv)  the
      fees
      and expenses of the Trust Fund accrued and paid on such Distribution Date and
      to
      whom such fees and expenses were paid;

     

    (v)  the
      aggregate amount of Advances for the related Due Period (including the general
      purpose of such Advances);

     

    (vi)  the
      Pool
      Balance at the Close of Business at the end of the related Due
      Period;

     

    (vii)  the
      number, aggregate Stated Principal Balance, weighted average remaining term
      to
      maturity and weighted average Mortgage Rate of the Mortgage Loans as of the
      related Determination Date;

     

    (viii)  the
      number and aggregate unpaid Stated Principal Balance of Mortgage Loans (not
      including a Liquidated Mortgage Loan as of the end of the Prepayment Period)
      that were (A) Delinquent (exclusive of Mortgage Loans in bankruptcy or
      foreclosure and REO Properties) using the OTS Method (as described below) (1)
      30
      to 59 days, (2) 60 to 89 days and (3) 90 or more days, (B) as to which
      foreclosure proceedings have been commenced and Delinquent (1) 30 to 59 days,
      (2) 60 to 89 days and (3) 90 or more days, (C) in bankruptcy and Delinquent
      (1)
      30 to 59 days, (2) 60 to 89 days and (3) 90 or more days, in each case as of
      the
      Close of Business on the last day of the calendar month preceding such
      Distribution Date and (D) REO Properties, as well as the aggregate principal
      balance of Mortgage Loans that were liquidated and the net proceeds resulting
      therefrom;

     

    (ix)  the
      total
      number and cumulative Stated Principal Balance of all REO Properties as of
      the
      Close of Business of the last day of the calendar month preceding the related
      Distribution Date;

     

    (x)  the
      aggregate amount of Principal Prepayments made during the related Prepayment
      Period, separately indicating Principal Prepayments in full and Principal
      Prepayments in part;

     

    (xi)  the
      aggregate amount of Realized Losses incurred during the related Prepayment
      Period, which will include the aggregate amount of Subsequent Recoveries
      received during the related Prepayment Period and the aggregate amount of
      Realized Losses incurred since the Closing Date, which will include the
      cumulative amount of Subsequent Recoveries received since the Closing
      Date;

     

    (xii)  the
      aggregate amount of extraordinary Trust Fund expenses withdrawn from the
      Collection Account or the Distribution Account for such Distribution
      Date;

     

    (xiii)  the
      Certificate Principal Balance of each Class of Floating Rate Certificates and
      the Class C Certificates, before and after giving effect to the distributions
      made on such Distribution Date;

     

    (xiv)  the
      Monthly Interest Distributable Amount in respect of the Floating Rate
      Certificates and the Class C Certificates for such Distribution Date and the
      Unpaid Interest Shortfall Amount, if any, with respect to the Floating Rate
      Certificates for such Distribution Date;

     

    (xv)  the
      aggregate amount of any Prepayment Interest Shortfalls for such Distribution
      Date, to the extent not covered by payments by the related Servicer pursuant
      to
      Section 3.24 or pursuant to the related Servicing Agreement;

     

    (xvi)  the
      Credit Enhancement Percentage for such Distribution Date;

     

    (xvii)  the
      Net
      WAC Rate Carryover Amount for the Floating Rate Certificates, if any, for such
      Distribution Date and the amount remaining unpaid after reimbursements therefor
      on such Distribution Date;

     

    (xviii)  whether
      the Stepdown Date or a Trigger Event has occurred, the Delinquency Percentage
      for such Distribution Date and the Realized Loss Percentage for such
      Distribution Date;

     

    (xix)  the
      total
      cashflows received and the general sources thereof (including amounts received
      from the Supplemental Interest Trust Trustee under the Interest Rate Swap
      Agreement, from the Cap Trustee under the Interest Rate Cap Agreement and under
      the Basis Risk Cap Agreement);

     

    (xx)  the
      respective Pass-Through Rates applicable to the Floating Rate Certificates
      and
      the Class C Certificates for such Distribution Date and the Pass-Through Rate
      applicable to the Floating Rate Certificates for the immediately succeeding
      Distribution Date;

     

    (xxi)  payments,
      if any, made under the Basis Risk Cap Agreement and the Interest Rate Cap
      Agreement and the amount distributed to the Floating Rate Certificates from
      such
      payments;

     

    (xxii)  the
      amount of any Net Swap Payments or Swap Termination Payments paid to the Swap
      Provider; and

     

    (xxiii)  the
      applicable Record Date, Accrual Period and any other applicable determination
      dates for calculating distributions for such Distribution Date.

     

    The
      Trust
      Administrator will make such statement (and, at its option, any additional
      files
      containing the same information in an alternative format) available each month
      to Certificateholders, the Master Servicer, the Servicers, the Depositor and
      the
      Rating Agencies via the Trust Administrator’s internet website. The Trust
      Administrator’s internet website shall initially be located at
“www.ctslink.com”. Assistance in using the website can be obtained by calling
      the Trust 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 Trust Administrator shall have the right to change
      the
      way such statements are distributed in order to make such distribution more
      convenient and/or more accessible to the above parties and the Trust
      Administrator shall provide timely and adequate notification to all above
      parties regarding any such changes. As a condition to access the Trust
      Administrator’s internet website, the Trust Administrator may require
      registration and the acceptance of a disclaimer. The Trust Administrator will
      not be liable for the dissemination of information in accordance with this
      Agreement. The Trust Administrator shall also 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 the distribution date statement and
      may
      affix thereto any disclaimer it deems appropriate in its reasonable discretion
      (without suggesting liability on the part of any other party
      thereto).

     

    In
      the
      case of information furnished pursuant to subclauses (i) and (ii) above, the
      amounts shall be expressed in a separate section of the report as a dollar
      amount for each Class for each $1,000 original dollar amount as of the Cut-off
      Date.

     

    For
      all
      purposes of this Agreement, with respect to any Mortgage Loan, delinquencies
      shall be determined by the Trust Administrator from information provided by
      the
      Servicer and reported by the Trust Administrator based on the “OTS” methodology
      for determining delinquencies on mortgage loans similar to the Mortgage Loans.
      By way of example, a Mortgage Loan would be Delinquent with respect to a Monthly
      Payment due on a Due Date if such Monthly Payment is not made by the close
      of
      business on the Mortgage Loan’s next succeeding Due Date, and a Mortgage Loan
      would be more than 30-days Delinquent with respect to such Monthly Payment
      if
      such Monthly Payment were not made by the close of business on the Mortgage
      Loan’s second succeeding Due Date. Ocwen hereby represents and warrants to the
      Depositor that this delinquency recognition policy is not less restrictive
      than
      any delinquency recognition policy established by the primary safety and
      soundness regulator, if any, of Ocwen. 

     

    (b)  Within
      a
      reasonable period of time after the end of each calendar year, the Trust
      Administrator shall, upon written request, furnish to each Person who at any
      time during the calendar year was a Certificateholder of a Regular Certificate,
      if requested in writing by such Person, such information as is reasonably
      necessary to provide to such Person a statement containing the information
      set
      forth in subclauses (i) and (ii) above, aggregated for such calendar year or
      applicable portion thereof during which such Person was a Certificateholder.
      Such obligation of the Trust Administrator shall be deemed to have been
      satisfied to the extent that substantially comparable information shall be
      prepared and furnished by the Trust Administrator to Certificateholders pursuant
      to any requirements of the Code as are in force from time to time.

     

    (c)  On
      each
      Distribution Date, the Trust Administrator shall make available to the Residual
      Certificateholders a copy of the reports forwarded to the Regular
      Certificateholders in respect of such Distribution Date with such other
      information as the Trust Administrator deems necessary or
      appropriate.

     

    (d)  Within
      a
      reasonable period of time after the end of each calendar year, the Trust
      Administrator shall deliver to each Person who at any time during the calendar
      year was a Residual Certificateholder, if requested in writing by such Person,
      such information as is reasonably necessary to provide to such Person a
      statement containing the information provided pursuant to the previous paragraph
      aggregated for such calendar year or applicable portion thereof during which
      such Person was a Residual Certificateholder. Such obligation of the Trust
      Administrator shall be deemed to have been satisfied to the extent that
      substantially comparable information shall be prepared and furnished to
      Certificateholders by the Trust Administrator pursuant to any requirements
      of
      the Code as from time to time in force.

     

    
      	SECTION
              4.04  	
              Remittance
                Reports; Advances.

            

    

     

    (a)  Not
      later
      than the 17th
      day of
      each calendar month or if such 17th
      day is
      not a Business Day, the following Business Day, Ocwen
      shall
      furnish to the Master Servicer a monthly remittance advice (which together
      with
      any supplemental reports is known as the “Remittance Report”) in a format
      attached as Exhibit R-2 or in any other format as mutually agreed to between
      Ocwen and the Master Servicer, containing such information regarding the Ocwen
      Mortgage Loans as is needed by the Master Servicer to perform its duties as
      set
      forth in Section 4.01 and 4.02 hereof. Such Remittance Report will also include
      a delinquency report substantially in the form set forth in Exhibit R-1 and
      a
      realized loss report substantially in the form set forth in Exhibit R-3 (or
      in
      either case, such other format as mutually agreed to between Ocwen and the
      Master Servicer). The Master Servicer shall not be responsible to recompute,
      recalculate or verify any information provided to it by the
      Servicer.

     

    (b)  The
      amount of Advances to be made by Ocwen for any Distribution Date shall equal,
      subject to Section 4.04(d), the sum of (i) the aggregate amount of Monthly
      Payments (net of the related Servicing Fee), due during the related Due Period
      in respect of the Ocwen Mortgage Loans (other than with respect to any REO
      Property or second lien Ocwen Mortgage Loan as described in clauses (ii) and
      (iii) below or a Balloon Mortgage Loan as described below), which Monthly
      Payments were delinquent on a contractual basis as of the Close of Business
      on
      the related Determination Date, (ii) with respect to each REO Property serviced
      by Ocwen, which REO Property was acquired during or prior to the related Due
      Period and as to which REO Property an REO Disposition did not occur during
      the
      related Due Period, an amount equal to the excess, if any, of the REO Imputed
      Interest on such REO Property for the most recently ended calendar month, over
      the net income from such REO Property transferred to the Distribution Account
      pursuant to Section 3.23 for distribution on such Distribution Date and (iii)
      with respect to each second lien Ocwen Mortgage Loan, an amount equal to the
      interest portion of the related Monthly Payment (net of the related Servicing
      Fee). For purposes of the preceding sentence, the Monthly Payment on each
      Balloon Mortgage Loan serviced by Ocwen with a delinquent Balloon Payment is
      equal to the assumed monthly payment that would have been due on the related
      Due
      Date based on the original principal amortization schedule for such Balloon
      Mortgage Loan and not the entire Balloon Payment. In addition, Ocwen shall
      not
      be required to advance any Relief Act Interest Shortfalls or to cover Prepayment
      Interest Shortfalls in excess of its obligations under Section
      3.24.

     

    On
      or
      before the Servicer Remittance Date, Ocwen shall remit in immediately available
      funds to the Trust Administrator for deposit in the Distribution Account an
      amount equal to the aggregate amount of Advances, if any, to be made in respect
      of the Ocwen Mortgage Loans and related REO Properties for the related
      Distribution Date either (i) from its own funds or (ii) from the Collection
      Account, to the extent of funds held therein for future distribution (in which
      case it will cause to be made an appropriate entry in the records of Collection
      Account that amounts held for future distribution have been, as permitted by
      this Section 4.04, used by Ocwen in discharge of any such Advance) or (iii)
      in
      the form of any combination of (i) and (ii) aggregating the total amount of
      Advances to be made by Ocwen with respect to the Ocwen Mortgage Loans and
      related REO Properties. Any amounts held for future distribution used by Ocwen
      to make an Advance as permitted in the preceding sentence shall be appropriately
      reflected in Ocwen’s records and replaced by Ocwen by deposit in the Collection
      Account on or before any future Servicer Remittance Date to the extent that
      the
      Available Funds for the related Distribution Date (determined without regard
      to
      Advances to be made on the Servicer Remittance Date) shall be less than the
      total amount that would be distributed to the Classes of Certificateholders
      pursuant to Section 4.01 on such Distribution Date if such amounts held for
      future distributions had not been so used to make Advances. The Trust
      Administrator will provide notice to Ocwen
      by
      telecopy by the Close of Business on any Servicer Remittance Date in the event
      that the amount remitted by Ocwen to the Trust Administrator on such date is
      less than the Advances required to be made by Ocwen for the related Distribution
      Date, as set forth in the related Remittance Report.

     

    (c)  The
      obligation of Ocwen to make such Advances is mandatory, notwithstanding any
      other provision of this Agreement but subject to (d) below, and, with respect
      to
      any Ocwen Mortgage Loan, shall continue until the Ocwen Mortgage Loan is paid
      in
      full or until all Liquidation Proceeds thereon have been recovered, or a Final
      Recovery Determination has been made thereon.

     

    (d)  If
      the
      Monthly Payment on a Mortgage Loan that was due on a related Due Date and is
      delinquent, other than as a result of application of the Relief Act, and for
      which Ocwen was required to make an advance pursuant to this Agreement or for
      which the related Servicer was required to make an advance pursuant to the
      applicable Servicing Agreement exceeds the amount deposited in the Distribution
      Account which will be used for an advance with respect to such Mortgage Loan,
      the Master Servicer as successor servicer will deposit in the Distribution
      Account not later than the Business Day immediately preceding the related
      Distribution Date an amount equal to such deficiency, net of the Servicing
      Fee
      and the Master Servicing Fee, for such Mortgage Loan except to the extent the
      Master Servicer as successor servicer 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. Subject to the foregoing,
      the Master Servicer as successor servicer shall continue to make such Advances
      through the date that Ocwen or the related Servicer is required to do so under
      this Agreement or the applicable Servicing Agreement, as applicable.

     

    (e)  Notwithstanding
      anything herein to the contrary, no Advance or Servicing Advance shall be
      required to be made hereunder by Ocwen or the Master Servicer if such Advance
      or
      Servicing Advance would, if made, constitute a Nonrecoverable Advance. The
      determination by Ocwen or the Master Servicer that it has made a Nonrecoverable
      Advance or that any proposed Advance or Servicing Advance, if made, would
      constitute a Nonrecoverable Advance, shall be evidenced by a certification
      of a
      Servicing Officer delivered to the Trust Administrator (whereupon, upon receipt
      of such certification, the Trust Administrator shall forward a copy of such
      certification to the Depositor, the Trustee and the Credit Risk Manager).
      Notwithstanding the foregoing, if following the application of Liquidation
      Proceeds on any Ocwen Mortgage Loan that was the subject of a Final Recovery
      Determination, any Servicing Advance with respect to such Ocwen Mortgage Loan
      shall remain unreimbursed to Ocwen, then without limiting the provisions of
      Section 3.11(a), a certification of a Servicing Officer regarding such
      Nonrecoverable Servicing Advance shall not be required to be delivered by Ocwen
      to the Trust Administrator.

     

    
      	SECTION
              4.05  	
              Commission
                Reporting.

            

    

     

    (a)  (i)
      Using
      best efforts, within 10 days after each Distribution Date, and no later than
      15
      days after each Distribution Date (subject to permitted extensions under the
      Exchange Act), the Trust Administrator shall, in accordance with industry
      standards, prepare and file, on behalf of the Trust, with the Commission via
      the
      Electronic Data Gathering and Retrieval System (“EDGAR”), any Form 10-D required
      by the Exchange Act, in form and substance as required by the Exchange Act,
      signed by the Master Servicer, with a copy of the monthly statement to be
      furnished by the Trust Administrator to the Certificateholders for such
      Distribution Date. 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 T to the Depositor and the
      Trust
      Administrator and directed and approved by the Depositor pursuant to the
      following paragraph, and the Trust 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) For
      so
      long as the Trust is subject to the reporting requirements of the Exchange
      Act,
      within 3 calendar days after the related Distribution Date, (i) the parties
      set
      forth in Exhibit T shall be required to provide, pursuant to Section 4.05(a)(v)
      below, to the Trust Administrator (by email at cts.sec.notifications@wellsfargo.com
      and by
      facsimile at 410-715-2380) and the Depositor, to the extent known, in
      EDGAR-compatible format, or in such other format as otherwise agreed upon by
      the
      Trust 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 attached hereto as Exhibit P (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 Trust Administrator has no duty under this
      Agreement to monitor or enforce the performance by the parties listed on Exhibit
      T 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 fees and expenses assessed or incurred by
      the
      Trust Administrator in connection with including any Additional Form 10-D
      Disclosure on Form 10-D pursuant to this Section.

     

    After
      preparing the Form 10-D, the Trust Administrator shall, upon request, forward
      electronically a copy of the Form 10-D to the Depositor for review, only to
      the
      extent that the Form 10-D contains Additional Form 10-D Disclosure. Within
      two
      Business Days after receipt of such copy, but no later than the 7th calendar
      day
      (on a best efforts basis, and in no event later than the 12th calendar day)
      after the Distribution Date, the Depositor shall notify the Trust 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,
      or if the Depositor does not request a copy of a Form 10-D, the Trust
      Administrator shall be entitled to assume that such Form 10-D is in final form
      and the Trust 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 Trust Administrator will follow the
      procedures set forth in Section 4.05(a)(vi). Promptly (but no later than 1
      Business Day) after filing with the Commission, the Trust Administrator will
      make available on its internet website a final executed copy of each Form 10-D
      filed by the Trust Administrator. The parties to this Agreement acknowledge
      that
      the performance by the Master Servicer and the Trust Administrator of its duties
      under Sections 4.05(a)(i), (ii) and (v) 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.
      The
      Depositor acknowledges that the performance by the Master Servicer and the
      Trust
      Administrator of its duties under this Section 4.05(a)(ii) related to the timely
      preparation, execution and filing of Form 10-D is also contingent upon each
      Servicer, the Custodians and any Sub-Servicer 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 Trust
      Administrator of any necessary Additional Form 10-D Disclosure pursuant to
      the
      Custodial Agreement or any other applicable agreement. Neither the Master
      Servicer nor the Trust Administrator shall have any liability for any loss,
      expense, damage or claim arising out of or with respect to any failure to
      properly prepare, execute and/or timely file such Form 10-D and Form 10-K,
      where
      such failure results from the Trust Administrator’s inability or failure to
      receive, on a timely basis, any information from any other party hereto or
      any
      Custodian, Sub-Servicer or Subcontractor needed to prepare, arrange for
      execution or file such Form 10-D, not resulting from its own negligence, bad
      faith or willful misconduct.

     

    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 hereby represents to
      the
      Trust Administrator that the Depositor has filed all such required reports
      during the preceding 12 months and that it has been subject to such filing
      requirements for the past 90 days. The Depositor shall notify the Trust
      Administrator in writing, no later than the fifth calendar day after the related
      Distribution Date with respect to filing of a report on Form 10-D, if the answer
      to either question should be “no.” The Trust Administrator shall be entitled to
      rely on such representations in preparing, executing and/or filing any such
      Form
      10-D.

     

    (iii) Within
      four (4) Business Days after the occurrence of an event requiring disclosure
      on
      Form 8-K (each such event, a “Reportable Event”), and if requested by the
      Depositor, the Trust Administrator shall prepare and file on behalf of the
      Trust
      a 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
      T to the Depositor and the Trust Administrator and directed and approved by
      the
      Depositor, pursuant to the following paragraph, and the Trust 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.

     

    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 2nd
      Business
      Day after the occurrence of a Reportable Event (i) the parties set forth in
      Exhibit T shall be required pursuant to Section 4.05(a)(v) below to provide
      to
      the Trust Administrator and the Depositor, to the extent known, in
      EDGAR-compatible format, or in such other format as otherwise agreed upon by
      the
      Trust 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 on Form 8-K. The Depositor will be responsible for any reasonable
      fees and expenses assessed or incurred by the Trust Administrator in connection
      with including any Form 8-K Disclosure Information on Form 8-K pursuant to
      this
      Section.

     

    After
      preparing the Form 8-K, the Trust Administrator shall, upon request, forward
      electronically a copy of the Form 8-K to the Depositor for review. Promptly,
      but
      no later than the close of business on the third Business Day after the
      Reportable Event, the Depositor shall notify the Trust 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, or
      if
      the Depositor does not request a copy of a Form 8-K, the Trust Administrator
      shall be entitled to assume that such Form 8-K is in final form and the Trust
      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 Trust Administrator will follow the procedures set forth in Section
      4.05(a)(vi). Promptly (but no later than 1 Business Day) after filing with
      the
      Commission, the Trust Administrator will make available on its internet website
      a final executed copy of each Form 8-K filed by it. The parties to this
      Agreement acknowledge that the performance by the Master Servicer and the Trust
      Administrator of its duties under this Section 4.05(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 4.05(a)(iii). The Depositor acknowledges that the performance
      by the Master Servicer and the Trust Administrator of its duties under this
      Section 4.05(a)(iii) related to the timely preparation, execution and filing
      of
      Form 10-D is also contingent upon each Servicer, the Custodians and any
      Sub-Servicer 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 Trust Administrator of any necessary Form 8-K Disclosure
      Information pursuant to the Custodial Agreement or any other applicable
      agreement. Neither the Master Servicer nor the Trust Administrator shall have
      any liability for any loss, expense, damage or 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 Trust Administrator’s inability or
      failure to receive, on a timely basis, any information from any other party
      hereto or any Custodian, Sub-Servicer or Subcontractor needed to prepare,
      arrange for execution or file such Form 8-K, not resulting from its own
      negligence, bad faith or willful misconduct.

     

    (iv) (A)
      On or
      prior to 90 days 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 2008, the Trust Administrator 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 Trust Administrator within
      the applicable time frames set forth in this Agreement and the Custodial
      Agreement, (i) an annual compliance statement for each Servicer, the Master
      Servicer, the Trust Administrator and any Sub-Servicer, Subcontractor or other
      Person engaged by such parties or the Trustee (together with each Custodian,
      each a “Reporting Servicer”), as described under Section 3.20 of this Agreement
      and the Custodial Agreement, provided, however, that the Trust Administrator,
      at
      its discretion, may omit from the Form 10-K any annual compliance statement
      that
      is not required to be filed with such Form 10-K for each Reporting Servicer
      pursuant to Regulation AB, (ii)(A) the annual reports on assessment of
      compliance with Servicing Criteria for each Reporting Servicer, as described
      under Section 3.21 of this Agreement and the Custodial Agreement, and (B) if
      the
      report on assessment of compliance with the Servicing Criteria identifies any
      material instance of noncompliance, disclosure identifying such instance of
      noncompliance, or if each Reporting Servicer’s report on assessment of
      compliance with Servicing Criteria 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 provided, however, that the Trust Administrator, at
      its
      discretion, may omit from the Form 10-K any assessment of compliance or
      attestation report described in clause (iii) below that is not required to
      be
      filed with such Form 10-K pursuant to Regulation AB, (iii)(A) the registered
      public accounting firm attestation report for each Reporting Servicer as
      described under Section 3.21 of this Agreement and the Custodial Agreement,
      and
      (B) if any registered public accounting firm attestation report described under
      Section 3.21 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 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 T
      to the Depositor and the Trust Administrator and directed and approved by the
      Depositor pursuant to the following paragraph, and the Trust 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.

     

    No
      later
      than March 15th
      of each
      year that the Trust is subject to the Exchange Act reporting requirements,
      commencing in 2008, (i) the parties set forth in Exhibit T shall be required
      to
      provide pursuant to Section 4.05(a)(v) below to the Depositor and to the Trust
      Administrator (by email at cts.sec.notifications@wellsfargo.com
      and by
      facsimile at 410-715-2380), to the extent known, in EDGAR-compatible format,
      or
      in such other format as otherwise agreed upon by the Trust 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
      Trust
      Administrator has no duty under this Agreement to monitor or enforce the
      performance by the parties listed on Exhibit T of their duties under this
      paragraph or proactively solicit or procure from such parties any Additional
      Form 10-K Disclosure information. The Depositor will be responsible for any
      reasonable fees and expenses assessed or incurred by the Trust Administrator
      in
      connection with including any Additional Form 10-K Disclosure on Form 10-K
      pursuant to this Section.

     

    After
      preparing the Form 10-K, the Trust Administrator shall forward, upon request,
      electronically a copy of the Form 10-K to the Depositor for review. Within
      three
      Business Days after receipt of such copy, but no later than March 25th, the
      Depositor shall notify the Trust 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-K, the Trust Administrator shall be
      entitled to assume that such Form 10-K is in final form and the Trust
      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 Trust Administrator will
      follow the procedures set forth in Section 4.05(a)(vi). Promptly (but no later
      than 1 Business Day) after filing with the Commission, the Trust Administrator
      will make available on its internet website a final executed copy of each Form
      10-K filed by it. The parties to this Agreement acknowledge that the performance
      by the Master Servicer and the Trust Administrator of its duties under Section
      4.05(a)(iv) and Section 4.05(a) (v) related to the timely preparation, execution
      and filing of Form 10-K is contingent upon such parties strictly observing
      all
      applicable deadlines in the performance of their duties under such Sections,
      Section 3.20 and Section 3.21. The Depositor acknowledges that the performance
      by the Master Servicer and the Trust Administrator of its duties under this
      Section 4.05(a)(iv) related to the timely preparation, execution and filing
      of
      Form 10-K is also contingent upon each Servicer, the Custodians and any
      Sub-Servicer 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 Trust Administrator of any necessary Additional Form
      10-K
      Disclosure, any annual statement of compliance and any assessment of compliance
      and attestation pursuant to the related Custodial Agreement or any other
      applicable agreement. Neither the Master Servicer nor the Trust 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-K, where such failure results from the Trust Administrator’s inability
      or failure to receive, on a timely basis, any information from any other party
      hereto or any Custodian, Sub-Servicer or Subcontractor needed to prepare,
      arrange for execution or file such Form 10-K, not resulting from its own
      negligence, bad faith or willful misconduct.

     

    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
      Trust Administrator that the Depositor has filed all such required reports
      during the preceding 12 months and that it has been subject to such filing
      requirements for the past 90 days. The Depositor shall notify the Trust
      Administrator in writing, no later than the 15th
      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 Trust Administrator shall be entitled to rely on such representations
      in preparing, executing and/or filing any such Form 10-K.

     

    Each
      Form
      10-K shall include a certification (the “Sarbanes-Oxley Certification”), exactly
      as set forth in Exhibit N-1 attached hereto, required to be included therewith
      pursuant to the Sarbanes-Oxley Act. Each of the Servicers, the Master Servicer
      and the Trust Administrator shall provide, and each such party and the Trustee
      shall cause any Sub-servicer or Subcontractor engaged by it to provide, to
      the
      Person who signs the Sarbanes-Oxley Certification (the “Certifying Person”), by
      March 1 of each year in which the Trust is subject to the reporting requirements
      of the Exchange Act, a certification (a “Back-Up Certification”), in the form
      attached hereto as Exhibit N-2, 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. A senior officer of the Master
      Servicer in charge of the master servicing function shall serve as the
      Certifying Person on behalf of the Trust. 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 that any such party or any Sub-Servicer
      or Subcontractor 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 4.05(a)(iv) 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 Trust
      Administrator shall not be required to deliver a Back-Up Certification to each
      other if both are the same Person and the Master Servicer is the Certifying
      Person and (ii) the Master Servicer shall not be obligated to sign the
      Sarbanes-Oxley Certification in the event that it does not receive any Back-Up
      Certification required to be furnished to it pursuant to this section or any
      Servicing Agreement.

     

    (v) 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, the Trust Administrator’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 T as the
      responsible party for providing that information, if other than the Trust
      Administrator, as and when required as described in Section 4.05(a)(ii) through
      (iv) above. Each of the Master Servicer, the Servicers, the Trust Administrator
      and Depositor hereby agree to notify and to provide, to the extent known, to
      the
      Trust Administrator and the Depositor, all Additional Disclosure relating to
      the
      Trust Fund, with respect to which such party is the responsible party for
      providing that information, as indicated in Exhibit P hereof. The Swap Provider
      will be obligated pursuant to the Swap Agreement to provide to the Trust
      Administrator any information that may be required to be included in any Form
      10-D, Form 8-K or Form 10-K. Each of the Servicers shall be responsible for
      determining the pool concentration applicable to any Sub-Servicer or originator
      at any time, for purposes of disclosure as required by Items 1108 and 1110
      of
      Regulation AB.

     

    (vi) On
      or
      prior to January 30 of the first year in which the Trust Administrator is able
      to do so under applicable law, the Trust Administrator shall prepare and file
      a
      Form 15 Suspension Notification relating to the automatic suspension of
      reporting in respect of the Trust under the Exchange Act. 

     

    In
      the
      event that the Trust Administrator is unable to timely file with the Commission
      all or any required portion of any Form 8-K, Form 10-D or Form 10-K required
      to
      be filed by this Agreement because required disclosure information was either
      not delivered to it or was delivered to it after the delivery deadlines set
      forth in this Agreement or for any other reason, the Trust Administrator will
      promptly notify electronically the Depositor. In the case of Form 10-D and
      Form
      10-K, the parties to this Agreement will cooperate to prepare and file a Form
      12b-25 and a Form 10-D/A and Form 10-K/A as applicable, pursuant to Rule 12b-25
      of the Exchange Act. In the case of Form 8-K, the Trust 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
      succeeding Form 10-D. In the event that any previously filed Form 8-K, Form
      10-D
      or Form 10-K needs to be amended, in connection with any Additional Form 10-D
      Disclosure (other than, in the case of Form 10-D, for the purpose of restating
      any Monthly Statement), Additional Form 10-K Disclosure or Form 8-K Disclosure
      Information, the Trust 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 Form 8-K/A, Form 10-D/A
      or
      Form 10-K/A. Any Form 15, Form 12b-25 or any amendment to Form 8-K or Form
      10-D
      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 Trust
      Administrator of its duties under this Section 4.05(a)(vi) related to the timely
      preparation, execution and filing of Form 15, a Form 12b-25 or any amendment
      to
      Form 8-K, Form 10-D or Form 10-K is contingent upon each such party performing
      its duties under this Section. Neither the Master Servicer nor the Trust
      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 Form
      8-K,
      Form 10-D or Form 10-K, where such failure results from the Trust
      Administrator’s inability or failure to receive, on a timely basis, any
      information from any other party hereto or any custodian, sub-servicer or
      subcontractor needed to prepare, arrange for execution or file such Form 15,
      Form 12b-25 or any amendments to Form 8-K, Form 10-D or Form 10-K, not resulting
      from its own negligence, bad faith or willful misconduct.

     

    The
      Depositor agrees to promptly furnish to the Trust Administrator, 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
      Trust
      Administrator reasonably deems appropriate to prepare and file all necessary
      reports with the Commission. The Trust Administrator shall have no
      responsibility to file any items other than those specified in this Section
      4.05; provided, however, the Trust Administrator will 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. Fees and expenses
      incurred by the Trust Administrator in connection with this Section 4.05 shall
      not be reimbursable from the Trust Fund.

     

    (b)  (A)
      The
      Trust Administrator shall indemnify and hold harmless the Depositor 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
      (i) a
      breach of the Trust Administrator’s obligations under this Section 4.05 or the
      Trust Administrator’s negligence, bad faith or willful misconduct in connection
      therewith or (ii) any material misstatement or omission in the Annual Statement
      of Compliance and the Assessment of Compliance delivered by the Trust
      Administrator pursuant to Section 3.20 and Section 3.21.

     

    (B) The
      Depositor shall indemnify and hold harmless the Trust Administrator and the
      Master Servicer 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 Depositor under
      this Section 4.05 or the Depositor’s negligence, bad faith or willful misconduct
      in connection therewith.

     

    (C) The
      Master Servicer shall indemnify and hold harmless the Trust Administrator 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 (i) a breach of the obligations of the Master
      Servicer under this Section 4.05 or the Master Servicer’s negligence, bad faith
      or willful misconduct in connection therewith or (ii) any material misstatement
      or omission in the Statement as to Compliance delivered by the Master Servicer
      pursuant to Section 3.20 or the Assessment of Compliance delivered by the Master
      Servicer pursuant to Section 3.21.

     

    (D) Ocwen
      shall indemnify and hold harmless the Master Servicer, Trust Administrator
      and
      the Depositor and their respective officers, directors and affiliates from
      and
      against any actual 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) a breach of the obligations of Ocwen
      under Section 3.20, Section 3.21 or Section 4.05, including any failure by
      Ocwen
      (or any Sub-Servicer or any Subcontractor engaged by Ocwen), to provide any
      Back-Up Certification, annual statement of compliance, annual assessment of
      compliance with Servicing Criteria or attestation report, any information,
      data
      or materials required to be included in any Exchange Act report or any other
      information or material when and as required under Sections 3.20, 3.21 or 4.05,
      or Ocwen’s negligence, bad faith or willful misconduct in connection therewith
      and (ii) any
      material misstatement or omission contained in any information, disclosure,
      report, certification, data, accountants’ letter or other material provided
      under Sections 3.20, 3.21 and 4.05 to the Master Servicer or the Trust
      Administrator by or on behalf of Ocwen
      or
      on
      behalf of any Sub-Servicer or Subcontractor), including any material
      misstatement or material omission in (i) any Back-Up Certification, annual
      statement of compliance, annual assessment of compliance with Servicing Criteria
      or attestation report delivered by Ocwen,
      or by
      any Sub-Servicer or Subcontractor 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 Information provided by Ocwen.

     

    (E) The
      Trustee (and in its capacity as a Custodian) shall indemnify and hold harmless
      the Master Servicer, Trust Administrator 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
      (i) a
      breach of the obligations of the Trustee under Section 3.21 or Section 4.05,
      including any failure by the Trustee, to provide any annual assessment of
      compliance or attestation report, any information, data or materials required
      to
      be included in any Exchange Act report or any other information or material
      when
      and as required under Sections 3.21 or 4.05, or the Trustee’s negligence, bad
      faith or willful misconduct in connection therewith and (ii) any
      material misstatement or omission contained in any information, disclosure,
      report, certification, data, accountants’ letter or other material provided
      under Sections 3.20, 3.21 and 4.05 to the Master Servicer or the Trust
      Administrator by or on behalf of the Trustee,
      including any material misstatement or material omission in (i) any annual
      assessment of compliance or attestation report, or (ii) any Additional Form
      10-D
      Disclosure, Additional Form 10-K Disclosure or Form 8-K Disclosure Information
      provided by the Trustee.

     

    (F) If
      the
      indemnification provided for herein is unavailable or insufficient to hold
      harmless the Depositor, Ocwen, the Master Servicer, the Trustee or the Trust
      Administrator, as applicable, then the defaulting party, in connection with
      a
      breach of its respective obligations under this Section 4.05 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. This indemnification shall survive the
      termination of this Agreement or the termination of any party to this
      Agreement.

     

    (c)  Nothing
      shall be construed from the foregoing subsections (a) and (b) to require the
      Trust Administrator or any officer, director or Affiliate thereof to sign any
      Form 10-K or any certification contained therein. Furthermore, the inability
      of
      the Trust Administrator to file a Form 10-K as a result of the lack of required
      information as set forth in Section 4.05(a) or required signatures on such
      Form
      10-K or any certification contained therein shall not be regarded as a breach
      by
      the Trust Administrator of any obligation under this Agreement.

     

    (d)  Notwithstanding
      the provisions of Section 11.01, this Section 4.05 may be amended without the
      consent of the Certificateholders.

     

    (e)  Each
      of
      the parties agrees to provide to the Master Servicer and the Trust Administrator
      such additional information related to such party as the Master Servicer and
      the
      Trust Administrator may reasonably request, including evidence of the
      authorization of the person signing any certificate or statement, financial
      information and reports, and such other information related to such party or
      its
      performance hereunder.

     

    Any
      notice or notification required to be delivered by the Trust Administrator
      or
      Master Servicer to the Depositor pursuant to this 4.05, may be delivered via
      facsimile to the legal department at (203) 618-2132, with a copy delivered
      to
      the operations group at facsimile (203) 422-4646.

     

    
      	SECTION
              4.06  	
              [Reserved].

            

    

     

    
      	SECTION
              4.07  	
              [Reserved].

            

    

     

    
      	SECTION
              4.08  	
              Distributions
                on the REMIC Regular Interests.

            

    

     

    (a)  On
      each
      Distribution Date, the Trust Administrator shall cause in the following order
      of
      priority, the following amounts which shall be deemed to be distributed by
      REMIC
      1 to REMIC 2 on account of the REMIC 1 Regular Interests or withdrawn from
      the
      Distribution Account and distributed to the holders of the Class R Certificates
      (in respect of the Class R-1 Interest), as the case may be:

     

    (i)  to
      Holders of each of REMIC 1 Regular Interest I and REMIC 1 Regular Interest
      I-1-A
      through I-51-B, on a pro
      rata
      basis,
      in an amount equal to (A) Uncertificated Accrued Interest for such REMIC 1
      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 distributions made pursuant to clause
      (A)
      above, payments of principal shall be allocated as follows: first, to REMIC
      1
      Regular interests I-1-A through I-51-B starting with the lowest numerical
      denomination until the Uncertificated Principal Balance of each such REMIC
      1
      Regular Interest is reduced to zero, provided that, for REMIC 1 Regular
      Interests with the same numerical denomination, such payments of principal
      shall
      be allocated pro rata between such REMIC 1 Regular Interests, and second, to
      the
      extent of the Overcollateralization Release Amounts, to REMIC 1 Regular Interest
      I-51-B until the Uncertificated Principal Balance of such REMIC 1 Regular
      Interest is reduced to zero; and

     

    (iii)  to
      the
      Holders of REMIC 1 Regular Interest P, (A) on each Distribution Date, 100%
      of
      the amount paid in respect of Prepayment Charges and (B) on the Distribution
      Date immediately following the expiration of the latest Prepayment Charge as
      identified on the Prepayment Charge Schedule or any Distribution Date thereafter
      until $100 has been distributed pursuant to this clause.

     

    (b)  On
      each
      Distribution Date, the Trust Administrator shall cause in the following order
      of
      priority, the following amounts which shall be deemed to be distributed by
      REMIC
      2 to REMIC 3 on account of the REMIC 2 Regular Interests or withdrawn from
      the
      Distribution Account and distributed to the holders of the Class R Certificates
      (in respect of the Class R-2 Interest), as the case may be:

     

    (i)  first,
      to
      the Holders of REMIC 2 Regular Interest LTIO, in an amount equal to (A)
      Uncertificated Accrued Interest for such REMIC 2 Regular Interest for such
      Distribution Date, plus (B) any amounts in respect thereof remaining unpaid
      from
      previous Distribution Dates;

     

    (ii)  second,
      to the extent of Available Funds, to Holders of REMIC 2 Regular Interest LTAA,
      REMIC 2 Regular Interest LTIA1, REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular
      Interest LTIIA2, REMIC 2 Regular Interest LTIIA3, REMIC 2 Regular Interest
      LTIIA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC
      2
      Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest
      LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2
      Regular Interest LTM8A, REMIC 2 Regular Interest LTM8B, REMIC 2 Regular Interest
      LTM9, REMIC 2 Regular Interest LTM10, REMIC 2 Regular Interest LTZZ and REMIC
      2
      Regular Interest LTP, on a pro
      rata
      basis,
      in 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. Amounts payable as Uncertificated Accrued Interest
      in respect of REMIC 2 Regular Interest LTZZ shall be reduced and deferred when
      the REMIC 2 Overcollateralization Amount is less than the REMIC 2
      Overcollateralization Target Amount, by the lesser of (x) the amount of such
      difference and (y) the Maximum Uncertificated Accrued Interest Deferral Amount
      and such amount will be payable to the Holders of REMIC 2 Regular Interest
      LTIA1, REMIC 2 Regular Interest LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC
      2
      Regular Interest LTIIA3, REMIC 2 Regular Interest LTIIA4, REMIC 2 Regular
      Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3,
      REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular
      Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8A,
      REMIC 2 Regular Interest LTM8B, REMIC 2 Regular Interest LTM9 and REMIC 2
      Regular Interest LTM10, in the same proportion as the Overcollateralization
      Deficiency Amount is allocated to the Corresponding Certificates and the
      Uncertificated Principal Balance of the REMIC 2 Regular Interest LTZZ shall
      be
      increased by such amount; and

     

    (iii)  third,
      to
      the Holders of REMIC 2 Regular Interests, in an amount equal to the remainder
      of
      the Available Funds for such Distribution Date after the distributions made
      pursuant to clause (i) above, allocated as follows:

     

    (a) 98.00%
      of
      such remainder to the Holders of REMIC 2 Regular Interest LTAA and REMIC 2
      Regular Interest LTP, until the Uncertificated Principal Balance of such
      Uncertificated REMIC 2 Regular Interest is reduced to zero; provided, however,
      that REMIC 2 Regular Interest LTP shall not be reduced until the Distribution
      Date immediately following the expiration of the latest Prepayment Charge as
      identified on the Prepayment Charge Schedule or any Distribution Date
      thereafter, at which point such amount shall be distributed to REMIC 2 Regular
      Interest LTP, until $100 has been distributed pursuant to this
      clause;

     

    (b) 2.00%
      of
      such remainder first, to the Holders of REMIC 2 Regular Interest LTIA1, REMIC
      2
      Regular Interest LTIIA1, REMIC 2 Regular Interest LTIIA2, REMIC 2 Regular
      Interest LTIIA3, REMIC 2 Regular Interest LTIIA4, REMIC 2 Regular Interest
      LTM1,
      REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular
      Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6,
      REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8A, REMIC 2 Regular
      Interest LTM8B, REMIC 2 Regular Interest LTM9, REMIC 2 Regular Interest LTM10,
      of and in the same proportion as principal payments are allocated to the
      Corresponding Certificates, until the Uncertificated Principal Balances of
      such
      REMIC 2 Regular Interests are reduced to zero, and second, to the Holders of
      REMIC 2 Regular Interest LTZZ, until the Uncertificated Principal Balance of
      such REMIC 2 Regular Interest is reduced to zero; and

     

    (c) any
      remaining amount to the Holders of the Class R Certificates (in respect of
      the
      Class R-2 Interest).

     

    
      	SECTION
              4.09  	
              Allocation
                of Realized Losses.

            

    

     

    (a)  All
      Realized Losses on the Mortgage Loans allocated to any Regular Certificate
      shall
      be allocated by the Trust Administrator on each Distribution Date as follows:
      first, to Net Monthly Excess Cashflow; second, to
      Net
      Swap
      Payments received under the Interest Rate Swap Agreement; third, to amounts
      received under the Interest Rate Cap Agreement; fourth, to the Class C
      Certificates, until the Certificate Principal Balance thereof has been reduced
      to zero; fifth, to the Class M-10 Certificates, until the Certificate Principal
      Balance thereof has been reduced to zero; sixth, to the Class M-9 Certificates,
      until the Certificate Principal Balance thereof has been reduced to zero;
      seventh, to the Class M-8 Certificates on a pro
      rata
      basis
      based on the Certificate Principal Balance of each such class, until the
      Certificate Principal Balances thereof have been reduced to zero; eighth, to
      the
      Class M-7 Certificates, until the Certificate Principal Balance thereof has
      been
      reduced to zero; ninth, to the Class M-6 Certificates, until the Certificate
      Principal Balance thereof has been reduced to zero; tenth, to the Class M-5
      Certificates, until the Certificate Principal Balance thereof has been reduced
      to zero; eleventh, to the Class M-4 Certificates, until the Certificate
      Principal Balance thereof has been reduced to zero; twelfth, to the Class M-3
      Certificates, until the Certificate Principal Balance thereof has been reduced
      to zero; thirteenth, to the Class M-2 Certificates, until the Certificate
      Principal Balance thereof has been reduced to zero and fourteenth, to the Class
      M-1 Certificates, until the Certificate Principal Balance thereof has 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.

     

    Any
      allocation 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 a Class C Certificates
      shall be made first by reducing the amount otherwise payable in respect thereof
      pursuant to Section 4.01(c)(v). No allocations of any Realized Losses shall
      be
      made to the Certificate Principal Balances of the Senior Certificates or the
      Class P Certificates.

     

    (b)  With
      respect to the REMIC 1 Regular Interests, all Realized Losses on the Mortgage
      Loans shall be allocated by the Trust Administrator on each Distribution Date,
      first to REMIC 1 Regular Interest I until the Uncertificated Principal Balance
      has been reduced to zero, and second, to REMIC 1 Regular Interest I-1-A through
      REMIC 1 Regular Interest I-51-B, starting with the lowest numerical denomination
      until such REMIC 1 Regular Interest has been reduced to zero, provided that,
      for
      REMIC 1 Regular Interests with the same numerical denomination, such Realized
      Losses shall be allocated pro
      rata
      between
      such REMIC 1 Regular Interests.

     

    (c)  All
      Realized Losses on the Mortgage Loans shall be deemed to have been allocated
      in
      the specified percentages, as follows: first, to Uncertificated Accrued Interest
      payable to the REMIC 2 Regular Interest LTAA and REMIC 2 Regular Interest LTZZ
      up to an aggregate amount equal to the REMIC 2 Interest Loss Allocation Amount,
      98% and 2%, respectively; second, to the Uncertificated Principal Balances
      of
      REMIC 2 Regular Interest LTAA and REMIC 2 Regular Interest LTZZ up to an
      aggregate amount equal to the REMIC 2 Principal Loss Allocation Amount, 98%
      and
      2%, respectively; third, to the Uncertificated Principal Balances of REMIC
      2
      Regular Interest LTAA, REMIC 2 Regular Interest LTM10 and REMIC 2 Regular
      Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal
      Balance of REMIC 2 Regular Interest LTM10 has been reduced to zero; fourth,
      to
      the Uncertificated Principal Balances of REMIC 2 Regular Interest LTAA, REMIC
      2
      Regular Interest LTM9 and REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%,
      respectively, until the Uncertificated Principal Balance of REMIC 2 Regular
      Interest LTM9 has been reduced to zero; fifth, to the Uncertificated Principal
      Balances of REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTM8B and
      REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the
      Uncertificated Principal Balance of REMIC 2 Regular Interest LTM8B has been
      reduced to zero; sixth, to the Uncertificated Principal Balances of REMIC 2
      Regular Interest LTAA, REMIC 2 Regular Interest LTM8A and REMIC 2 Regular
      Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal
      Balance of REMIC 2 Regular Interest LTM8A has been reduced to zero; seventh,
      to
      the Uncertificated Principal Balances of REMIC 2 Regular Interest LTAA, REMIC
      2
      Regular Interest LTM7 and REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%,
      respectively, until the Uncertificated Principal Balance of REMIC 2 Regular
      Interest LTM7 has been reduced to zero; eighth, to the Uncertificated Principal
      Balances of REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest LTM6 and
      REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until the
      Uncertificated Principal Balance of REMIC 2 Regular Interest LTM6 has been
      reduced to zero; ninth, to the Uncertificated Principal Balances of REMIC 2
      Regular Interest LTAA, REMIC 2 Regular Interest LTM5 and REMIC 2 Regular
      Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal
      Balance of REMIC 2 Regular Interest LTM5 has been reduced to zero; tenth, to
      the
      Uncertificated Principal Balances of REMIC 2 Regular Interest LTAA, REMIC 2
      Regular Interest LTM4 and REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%,
      respectively, until the Uncertificated Principal Balance of REMIC 2 Regular
      Interest LTM4 has been reduced to zero; eleventh, to the Uncertificated
      Principal Balances of REMIC 2 Regular Interest LTAA, REMIC 2 Regular Interest
      LTM3 and REMIC 2 Regular Interest LTZZ, 98%, 1% and 1%, respectively, until
      the
      Uncertificated Principal Balance of REMIC 2 Regular Interest LTM3 has been
      reduced to zero; twelfth, to the Uncertificated Principal Balances of REMIC
      2
      Regular Interest LTAA, REMIC 2 Regular Interest LTM2 and REMIC 2 Regular
      Interest LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal
      Balance of REMIC 2 Regular Interest LTM2 has been reduced to zero and
      thirteenth, to the Uncertificated Principal Balances of REMIC 2 Regular Interest
      LTAA, REMIC 2 Regular Interest LTM1 and REMIC 2 Regular Interest LTZZ, 98%,
      1%
      and 1%, respectively, until the Uncertificated Principal Balance of REMIC 2
      Regular Interest LTM1 has been reduced to zero.

     

    
      	SECTION
              4.10  	
              Swap
                Account.

            

    

     

    (a)  On
      the
      Closing Date, there is hereby established a separate trust (the “Supplemental
      Interest Trust”), into which the Depositor shall deposit the Interest Rate Swap
      Agreement. The Supplemental Interest Trust shall be maintained by the
      Supplemental Interest Trust Trustee. No later than the Closing Date, the
      Supplemental Interest Trust Trustee shall establish and maintain a separate,
      segregated trust account to be held in the Supplemental Interest Trust, titled,
      “Swap
      Account, Wells Fargo Bank, N.A., as Supplemental Interest Trust Trustee, in
      trust for the registered Certificateholders of Soundview Home Loan Trust 2007-1,
      Asset-Backed Certificates, Series 2007-1.”
Such
      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 Trust Administrator held
      pursuant to this Agreement. Amounts therein shall be held
      uninvested.

     

    (b)  Prior
      to
      each Distribution Date, prior to any distribution to any Certificate, the
      Supplemental Interest Trust Trustee shall deposit into the Swap Account: (i)
      the
      amount of any Net Swap Payment or Swap Termination Payment (other than any
      Swap
      Termination Payment resulting from a Swap Provider Trigger Event) owed to the
      Swap Provider (after taking into account any upfront payment received from
      the
      counterparty to a replacement interest rate swap agreement) from funds collected
      and received with respect to the Mortgage Loans prior to the determination
      of
      Available Funds. For federal income tax purposes, any amounts paid to the Swap
      Provider on each Distribution Date shall first be deemed paid to the Swap
      Provider in respect of REMIC 6 Regular Interest SWAP IO to the extent of the
      amount distributable on REMIC 6 Regular Interest SWAP IO on such Distribution
      Date, and any remaining amount shall be deemed paid to the Swap Provider in
      respect of a Class IO Distribution Amount (as defined below).

     

    (c)  It
      is the
      intention of the parties hereto that, for federal and state income and state
      and
      local franchise tax purposes, the Supplemental Interest Trust be disregarded
      as
      an entity separate from the Holder of the Class C Certificates unless and until
      the date when either (a) there is more than one Class C Certificateholder or
      (b)
      any Class of Certificates in addition to the Class C Certificates is
      recharacterized as an equity interest in the Supplemental Interest Trust for
      federal income tax purposes, in which case it is the intention of the parties
      hereto that, for federal and state income and state and local franchise tax
      purposes, the Supplemental Interest Trust be treated as a partnership, provided,
      that the Trust Administrator shall not be required to prepare and file
      partnership tax returns in respect of such partnership unless it receives
      additional reasonable compensation (not to exceed $10,000 per year) for the
      preparation of such filings, written notification recognizing the creation
      of a
      partnership agreement or comparable documentation evidencing the partnership,
      if
      any. The Supplemental Interest Trust will be an “outside reserve fund” within
      the meaning of Treasury Regulation Section 1.860G-2(h).

     

    (d)  To
      the
      extent that the Supplemental Interest Trust is determined to be a separate
      legal
      entity from the Supplemental Interest Trust Trustee, any obligation of the
      Supplemental Interest Trust Trustee under the Interest Rate Swap Agreement
      shall
      be deemed to be an obligation of the Supplemental Interest Trust.

     

    (e)  The
      Trust
      Administrator shall treat the Holders of Certificates (other than the Class
      P,
      Class C, Class R and Class R-X Certificates) as having entered into a notional
      principal contract with respect to the Holders of the Class C Certificates.
      Pursuant to each such notional principal contract, all Holders of Certificates
      (other than the Class P, Class C, Class R and Class R-X Certificates) shall
      be
      treated as having agreed to pay, on each Distribution Date, to the Holder of
      the
      Class C Certificates an aggregate amount equal to the excess, if any, of (i)
      the
      amount payable on such Distribution Date on the REMIC 2 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 “Class
      IO
      Distribution Amount”). A Class IO Distribution Amount payable from interest
      collections shall be allocated pro
      rata
      among
      such Certificates based on the excess of (a) the amount of interest otherwise
      payable to such Certificates over (ii) the amount of interest payable to such
      Certificates at a per annum rate equal to the Net WAC Rate, and a Class IO
      Distribution Amount payable from principal collections shall be allocated to
      the
      most subordinate Class of 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 C Certificates shall be treated as having
      agreed to pay Net WAC Rate Carryover Amounts to the Holders of the Certificates
      (other than the Class C, Class P, Class R and Class R-X Certificates) in
      accordance with the terms of this Agreement. Any payments to the 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 Certificates
      (other than the Class C, Class P, Class R and Class R-X Certificates) of a
      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
      4 and
      as having been paid by such Holders pursuant to the notional principal contract.
      Thus, each Certificate (other than the Class P and Class R Certificates) shall
      be treated as representing not only ownership of Regular Interests in REMIC
      2,
      but also ownership of an interest in, and obligations with respect to, a
      notional principal contract.

     

    (f)  The
      Trust
      Administrator shall, at the direction of the Depositor, enforce all of its
      rights and exercise any remedies under the Swap Agreement. In the event the
      Swap
      Agreement is terminated as a result of the designation by either party thereto
      of an Early Termination Date (as defined therein), the Trust Administrator
      shall, at the direction of the Depositor, appoint a replacement counterparty
      to
      enter into a replacement swap agreement. The Trust Administrator shall have
      no
      responsibility with regard to the selection of a replacement swap provider
      or
      the negotiation of a replacement swap agreement. Any Swap Termination Payment
      received by the Trust Administrator shall be deposited in the Swap Account
      and
      shall be used to make any upfront payment required under a replacement swap
      agreement and any upfront payment received from the counterparty to a
      replacement swap agreement shall be used to pay any Swap Termination Payment
      owed to the Swap Provider.

     

    (g)  For
      federal tax return and information reporting, the right of the Holders of the
      Floating Rate Certificates to receive payments from the Supplemental Interest
      Trust in respect of any Net WAC Cap Carry Forward Amounts may have more than
      a
de
      minimis
      value.

     

    
      	SECTION
              4.11  	
              Tax
                Treatment of Swap Payments and Swap Termination
                Payments.

            

    

     

    For
      federal income tax purposes, each holder of a Floating Rate Certificate is
      deemed to own an undivided beneficial ownership interest in a REMIC regular
      interest and the right to receive payments from either the Net WAC Rate
      Carryover Reserve Account or the Swap Account in respect of the Net WAC Rate
      Carryover Amount or the obligation to make payments to the Swap Account. For
      federal income tax purposes, the Trust Administrator will account for payments
      to each Floating Rate Certificates as follows: each Floating Rate Certificate
      will be treated as receiving their entire payment from REMIC 3 (regardless
      of
      any Swap Termination Payment or obligation under the Interest Rate Swap
      Agreement) and subsequently paying their portion of any Swap Termination Payment
      in respect of each such Class’ obligation under the Interest Rate Swap
      Agreement. In the event that any such Class is resecuritized in a REMIC, the
      obligation under the Interest Rate Swap Agreement to pay any such Swap
      Termination Payment (or any shortfall in Swap Provider Fee), will be made by
      one
      or more of the REMIC Regular Interests issued by the resecuritization REMIC
      subsequent to such REMIC Regular Interest receiving its full payment from any
      such Floating Rate Certificate. 

     

    The
      REMIC
      regular interest corresponding to a Floating Rate Certificate will be entitled
      to receive interest and principal payments at the times and in the amounts
      equal
      to those made on the certificate to which it corresponds, except that (i) the
      maximum interest rate of that REMIC regular interest will equal the Net WAC
      Rate
      computed for this purpose by limiting the Base Calculation Amount of the
      Interest Rate Swap Agreement to the aggregate Stated Principal Balance of the
      Mortgage Loans and (ii) any Swap Termination Payment will be treated as being
      payable solely from Net Monthly Excess Cashflow. As a result of the foregoing,
      the amount of distributions and taxable income on the REMIC regular interest
      corresponding to a Floating Rate Certificate may exceed the actual amount of
      distributions on the Floating Rate Certificate.

     

    
      	SECTION
              4.12  	
              Cap
                Account.

            

    

     

    (a)  No
      later
      than the Closing Date, the Trust Administrator shall establish and maintain
      with
      itself, a separate, segregated trust account titled, “Cap Account, Wells Fargo
      Bank, N.A., as Cap Trustee, in trust for the registered Certificateholders
      of
      Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1.”
Such account shall be an Eligible Account and amounts therein shall be held
      uninvested.

     

    (b)  On
      each
      Distribution Date, pursuant to the Cap Allocation Agreement, the Cap Trustee,
      prior to any distribution to any Certificate, shall deposit into the Cap Account
      amounts received pursuant to the Interest Rate Cap Agreement for distribution
      in
      accordance with Section 4.01(f) above.

     

    (c)  It
      is the
      intention of the parties hereto that, for federal and state income and state
      and
      local franchise tax purposes, the Cap Account be disregarded as an entity
      separate from the Holder of the Class C Certificates unless and until the date
      when either (a) there is more than one Class C Certificateholder or (b) any
      Class of Certificates in addition to the Class C Certificates is recharacterized
      as an equity interest in the Cap Account for federal income tax purposes, in
      which case it is the intention of the parties hereto that, for federal and
      state
      income and state and local franchise tax purposes, the Cap Account be treated
      as
      a partnership. The Cap Account will be an “outside reserve fund” within the
      meaning of Treasury Regulation Section 1.860G-2(h). Upon the termination of
      the
      Trust Fund, or the payment in full of the Senior Certificates and the Mezzanine
      Certificates, all amounts remaining on deposit in the Cap Account shall be
      released by the Trust Fund and distributed to the Class C Certificateholders
      or
      their designees. The Cap Account shall be part of the Trust Fund but not part
      of
      any Trust REMIC and any payments to the Holders of the Floating Rate
      Certificates of Net WAC Rate Carryover Amounts will not be payments with respect
      to a “regular interest” in a REMIC within the meaning of Code Section
      860(G)(a)(1).

     

    (d)  By
      accepting a Class C Certificate, each Class C Certificateholder hereby agrees
      to
      direct the Trust Administrator, and the Trust Administrator is hereby directed,
      to deposit into the Cap Account the amounts described above on each Distribution
      Date.

     

    For
      federal income tax purposes, the right of the Floating Rate Certificates to
      receive payments from the Cap Account may have more than a de
      minimis
      value.

     

    
      	SECTION
              4.13  	
              Net
                WAC Rate Carryover Reserve Account.

            

    

     

    No
      later
      than the Closing Date, the Trust Administrator shall establish and maintain
      with
      itself a separate, segregated trust account titled, “Net WAC Rate Carryover
      Reserve Account, Deutsche Bank National Trust Company, as Trustee, in trust
      for
      registered Holders of Soundview Mortgage Loan Trust 2007-1, Asset-Backed
      Certificates, Series 2007-1.” All amounts deposited in the Net WAC Rate
      Carryover Reserve Account shall be distributed to the Holders of the Floating
      Rate Certificates in the manner set forth in Section 4.01(d).

     

    On
      each
      Distribution Date as to which there is a Net WAC Rate Carryover Amount payable
      to the Floating Rate Certificates (after taking into account the remaining
      Initial Net WAC Rate Carryover Reserve Account Deposit), the Trust Administrator
      has been directed by the Class C Certificateholders to, and therefore will,
      deposit into the Net WAC Rate Carryover Reserve Account the amounts described
      in
      Section 4.01(c)(v), rather than distributing such amounts to the Class C
      Certificateholders. In addition, any payments received by the Trust
      Administrator under the Basis Risk Cap Agreement on each Distribution Date
      will
      be deposited into the Net WAC Rate Carryover Reserve Account. On each such
      Distribution Date, the Trust Administrator shall hold all such amounts for
      the
      benefit of the Holders of the Floating Rate Certificates, and will distribute
      such amounts to the Holders of the Floating Rate Certificates in the amounts
      and
      priorities set forth in Section 4.01(d).

     

    On
      each
      Distribution Date, any amounts remaining in the Net WAC Rate Carryover Reserve
      Account (representing payments received by the Trust Administrator under the
      Basis Risk Cap Agreement) after the payment of any Net WAC Rate Carryover
      Amounts on the Floating Rate Certificates for such Distribution Date, shall
      be
      payable to the Trust Administrator as additional compensation. For so long
      as
      any Floating Rate Certificates are beneficially owned by the Depositor or any
      of
      its Affiliates, the Depositor shall refund or cause such Affiliate to refund
      any
      amounts paid to it under the Basis Risk Cap Agreement to the Trust Administrator
      who shall, pursuant to the terms of the Basis Risk Cap Agreement, return such
      amount to the counterparty thereunder.

     

    It
      is the
      intention of the parties hereto that, for federal and state income and state
      and
      local franchise tax purposes, the Net WAC Rate Carryover Reserve Account be
      disregarded as an entity separate from the Holder of the Class C Certificates
      unless and until the date when either (a) there is more than one Class C
      Certificateholder or (b) any Class of Certificates in addition to the Class
      C
      Certificates is recharacterized as an equity interest in the Net WAC Rate
      Carryover Reserve Account for federal income tax purposes, in which case it
      is
      the intention of the parties hereto that, for federal and state income and
      state
      and local franchise tax purposes, the Net WAC Rate Carryover Reserve Account
      be
      treated as a partnership provided, that the Trust Administrator shall not be
      required to prepare and file partnership tax returns in respect of such
      partnership unless it receives additional reasonable compensation (not to exceed
      $10,000 per year) for the preparation of such filings, written notification
      recognizing the creation of a partnership agreement or comparable documentation
      evidencing the partnership, if any. All amounts deposited into the Net WAC
      Rate
      Carryover Reserve Account (other than amounts received under the Basis Risk
      Cap
      Agreement) shall be treated as amounts distributed by REMIC 4 to the Holder
      of
      the Class C Interest and by REMIC 4 to the Holder of the Class C Certificates.
      The Net WAC Rate Carryover Reserve Account will be an “outside reserve fund”
within the meaning of Treasury Regulation Section 1.860G-2(h). Upon the
      termination of the Trust, or the payment in full of the Floating Rate
      Certificates, all amounts remaining on deposit in the Net WAC Rate Carryover
      Reserve Account will be released by the Trust and distributed to the Holders
      of
      the Class C Certificates or their designee. The Net WAC Rate Carryover Reserve
      Account will be part of the Trust but not part of any REMIC and any payments
      to
      the Holders of the Floating Rate Certificates of Net WAC Rate Carryover Amounts
      will not be payments with respect to a “regular interest” in a REMIC within the
      meaning of Code Section 860(G)(a)(1).

     

    By
      accepting a Class C Certificate, each Class C Certificateholder hereby agrees
      to
      direct the Trust Administrator, and the Trust Administrator hereby is directed,
      to deposit into the Net WAC Rate Carryover Reserve Account the amounts described
      above on each Distribution Date as to which there is any Net WAC Rate Carryover
      Amount rather than distributing such amounts to the Class C Certificateholders.
      By accepting a Class C Certificate, each Class C Certificateholder further
      agrees that such direction is given for good and valuable consideration, the
      receipt and sufficiency of which is acknowledged by such
      acceptance.

     

    Amounts
      on deposit in the Net WAC Rate Carryover Reserve Account shall remain
      uninvested.

     

    For
      federal tax return and information reporting, the right of the Holders of the
      Floating Rate Certificates to receive payments from the Net WAC Rate Carryover
      Reserve Account in respect of any Net WAC Cap Carry Forward Amounts may have
      more than a de
      minimis
      value.

     

    
      	SECTION
              4.14  	
              Collateral
                Accounts

            

    

     

    (a)  The
      Trust
      Administrator is hereby directed to perform the obligations of the Custodian
      as
      defined under the Basis Risk Cap Credit Support Annex (the “Basis Risk Cap
      Custodian”). On or before the Closing Date, the Basis Risk Cap Custodian shall
      establish a Basis Risk Cap Collateral Account. The Basis Risk Cap Collateral
      Account shall be held in the name of the Basis Risk Cap Custodian in trust
      for
      the benefit of the Certificateholders. The Basis Risk Cap Collateral Account
      must be an Eligible Account and shall be titled “Basis Risk Cap Collateral
      Account, Wells Fargo Bank, N.A., as Basis Risk Cap Custodian for registered
      Certificateholders of Soundview Home Loan Trust 2007-1, Asset-Backed
      Certificates, Series 2007-1.”

     

    The
      Basis
      Risk Cap Custodian shall credit to Basis Risk Cap Collateral Account all
      collateral (whether in the form of cash or securities) posted by the Basis
      Risk
      Cap Provider to secure the obligations of the Basis Risk Cap Provider in
      accordance with the terms of the Basis Risk Cap Agreement. Except for investment
      earnings, the Basis Risk Cap Provider shall not have any legal, equitable or
      beneficial interest in the Basis Risk Cap Collateral Account other than in
      accordance with this Agreement, the Basis Risk Cap Agreement and applicable
      law.
      The Basis Risk Cap Custodian shall maintain and apply all collateral and
      earnings thereon on deposit in the Basis Risk Cap Collateral Account in
      accordance with Basis Risk Cap Credit Support Annex.

     

    Cash
      collateral posted by the Basis Risk Cap Provider in accordance with the Basis
      Risk Cap Credit Support Annex shall be invested at the direction of the Basis
      Risk Cap Provider in Permitted Investments in accordance with the requirements
      of the Basis Risk Cap Credit Support Annex. All amounts earned on amounts on
      deposit in the Basis Risk Cap Collateral Account (whether cash collateral or
      securities) shall be for the account of and taxable to the Basis Risk Cap
      Provider. If no investment direction is provided, such amounts shall remain
      uninvested.

     

    Upon
      the
      occurrence of an Event of Default or Specified Condition (each as defined in
      the
      Basis Risk Cap Agreement), with respect to the Basis Risk Cap Provider or upon
      occurrence or designation of an Early Termination Date (as defined in the Basis
      Risk Cap Agreement) as a result of any such Event of Default or Specified
      Condition with respect to the Basis Risk Cap Provider, and, in either such
      case,
      unless the Basis Risk Cap Provider has paid in full all of its Obligations
      (as
      defined in the Basis Risk Cap Credit Support Annex) that are then due, then
      any
      collateral posted by the Basis Risk Cap Provider in accordance with the Basis
      Risk Cap Credit Support Annex shall be applied to the payment of any Obligations
      due to Party B (as defined in the Basis Risk Cap Agreement) in accordance with
      the Basis Risk Cap Credit Support Annex. Any excess amounts held in such Basis
      Risk Cap Collateral Account after payment of all amounts owing to Party B under
      the Basis Risk Cap Agreement shall be withdrawn from the Basis Risk Cap
      Collateral Account and paid to the Basis Risk Cap Provider in accordance with
      the Basis Risk Cap Credit Support Annex.

     

    (b) The
      Trust
      Administrator (in its capacity as Cap Trustee) is hereby directed to perform
      the
      obligations of the Custodian as defined under the Interest Rate Cap Credit
      Support Annex (the “Interest Rate Cap Custodian”). On or before the Closing
      Date, the Interest Rate Cap Custodian shall establish a Interest Rate Cap
      Collateral Account. The Interest Rate Cap Collateral Account shall be held
      in
      the name of the Interest Rate Cap Custodian in trust for the benefit of the
      Certificateholders. The Interest Rate Cap Collateral Account must be an Eligible
      Account and shall be titled “Interest Rate Cap Collateral Account, Wells Fargo
      Bank, N.A., as Interest Rate Cap Custodian for registered Certificateholders
      of
      Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series
      2007-1.”

     

    The
      Interest Rate Cap Custodian shall credit to Interest Rate Cap Collateral Account
      all collateral (whether in the form of cash or securities) posted by the
      Interest Rate Cap Provider to secure the obligations of the Interest Rate Cap
      Provider in accordance with the terms of the Interest Rate Cap Agreement. Except
      for investment earnings, the Interest Rate Cap Provider shall not have any
      legal, equitable or beneficial interest in the Interest Rate Cap Collateral
      Account other than in accordance with this Agreement, the Interest Rate Cap
      Agreement and applicable law. The Interest Rate Cap Custodian shall maintain
      and
      apply all collateral and earnings thereon on deposit in the Interest Rate Cap
      Collateral Account in accordance with Interest Rate Cap Credit Support
      Annex.

     

    Cash
      collateral posted by the Interest Rate Cap Provider in accordance with the
      Interest Rate Cap Credit Support Annex shall be invested at the direction of
      the
      Interest Rate Cap Provider in Permitted Investments in accordance with the
      requirements of the Interest Rate Cap Credit Support Annex. All amounts earned
      on amounts on deposit in the Interest Rate Cap Collateral Account (whether
      cash
      collateral or securities) shall be for the account of and taxable to the
      Interest Rate Cap Provider. If
      no
      investment direction is provided, such amounts shall remain
      uninvested.

     

    Upon
      the
      occurrence of an Event of Default or Specified Condition (each as defined in
      the
      Interest Rate Cap Agreement), with respect to the Interest Rate Cap Provider
      or
      upon occurrence or designation of an Early Termination Date (as defined in
      the
      Interest Rate Cap Agreement) as a result of any such Event of Default or
      Specified Condition with respect to the Interest Rate Cap Provider, and, in
      either such case, unless the Interest Rate Cap Provider has paid in full all
      of
      its Obligations (as defined in the Interest Rate Cap Credit Support Annex)
      that
      are then due, then any collateral posted by the Interest Rate Cap Provider
      in
      accordance with the Interest Rate Cap Credit Support Annex shall be applied
      to
      the payment of any Obligations due to Party B (as defined in the Interest Rate
      Cap Agreement) in accordance with the Interest Rate Cap Credit Support Annex.
      Any excess amounts held in such Interest Rate Cap Collateral Account after
      payment of all amounts owing to Party B under the Interest Rate Cap Agreement
      shall be withdrawn from the Interest Rate Cap Collateral Account and paid to
      the
      Interest Rate Cap Provider in accordance with the Interest Rate Cap Credit
      Support Annex. 

     

    (c) The
      Trust
      Administrator (in its capacity as Supplemental Interest Trust Trustee) is hereby
      directed to perform the obligations of the Custodian as defined under the Swap
      Credit Support Annex (the “Swap Custodian”). On or before the Closing Date, the
      Swap Custodian shall establish a Swap Collateral Account. The Swap Collateral
      Account shall be held in the name of the Swap Custodian in trust for the benefit
      of the Certificateholders. The Swap Collateral Account must be an Eligible
      Account and shall be titled “Swap Collateral Account, Wells Fargo Bank, N.A., as
      Swap Custodian for registered Certificateholders of Soundview Home Loan Trust
      2007-1, Asset-Backed Certificates, Series 2007-1.”

     

    The
      Swap
      Custodian shall credit to Swap Collateral Account all collateral (whether in
      the
      form of cash or securities) posted by the Swap Provider to secure the
      obligations of the Swap Provider in accordance with the terms of the Interest
      Rate Swap Agreement. Except for investment earnings, the Swap Provider shall
      not
      have any legal, equitable or beneficial interest in the Swap Collateral Account
      other than in accordance with this Agreement, the Interest Rate Swap Agreement
      and applicable law. The Swap Custodian shall maintain and apply all collateral
      and earnings thereon on deposit in the Swap Collateral Account in accordance
      with Swap Credit Support Annex.

     

    Cash
      collateral posted by the Swap Provider in accordance with the Swap Credit
      Support Annex shall be invested at the direction of the Swap Provider in
      Permitted Investments in accordance with the requirements of the Swap Credit
      Support Annex. All amounts earned on amounts on deposit in the Swap Collateral
      Account (whether cash collateral or securities) shall be for the account of
      and
      taxable to the Swap Provider. If no investment direction is provided, such
      amounts shall remain uninvested.

     

    Upon
      the
      occurrence of an Event of Default or Specified Condition (each as defined in
      the
      Interest Rate Swap Agreement), a with respect to the Interest Rate Swap Provider
      or upon occurrence or designation of an Early Termination Date (as defined
      in
      the Interest Rate Swap Agreement) as a result of any such Event of Default
      or
      Specified Condition with respect to the Interest Rate Swap Provider, and, in
      either such case, unless the Interest Rate Swap Provider has paid in full all
      of
      its Obligations (as defined in the Interest Rate Swap Credit Support Annex)
      that
      are then due, then any collateral posted by the Interest Rate Swap Provider
      in
      accordance with the Interest Rate Swap Credit Support Annex shall be applied
      to
      the payment of any Obligations due to Party B (as defined in the Interest Rate
      Swap Agreement) in accordance with the Interest Rate Swap Credit Support Annex.
      Any excess amounts held in such Swap Collateral Account after payment of all
      amounts owing to Party B under the Interest Rate Swap Agreement shall be
      withdrawn from the Swap Collateral Account and paid to the Swap Provider in
      accordance with the Swap Credit Support Annex.

     

    
      	SECTION
              4.15  	
              Rights
                and Obligations Under the Basis Risk Cap Agreement, the Interest
                Rate Cap
                Agreement and the Interest Rate Swap
                Agreement.

            

    

     

    (a)  In
      the
      event that the Basis Risk Cap Provider fails to perform any of its obligations
      under the Basis Risk Cap Agreement (including, without limitation, its
      obligation to make any payment or transfer collateral), or breaches any of
      its
      representations and warranties thereunder, or in the event that any Event of
      Default, Termination Event, or Additional Termination Event (each as defined
      in
      the Basis Risk Cap Agreement) occurs with respect to the Basis Risk Cap
      Agreement, the Trust Administrator shall, promptly following actual notice
      of
      such failure, breach or event, notify the Depositor and send any notices and
      make any demands, on behalf of the Trust, required to enforce the rights of
      the
      Trust under the Basis Risk Cap Agreement.

     

    In
      the
      event that the Basis Risk Cap Provider’s obligations are guaranteed by a third
      party under a guaranty relating to the Basis Risk Cap Agreement (such guaranty
      the “Guaranty” and such third party the “Guarantor”), then to the extent that
      the Basis Risk Cap Provider fails to make any payment by the close of business
      on the day it is required to make payment under the terms of the Basis Risk
      Cap
      Agreement, the Trust Administrator shall, promptly following actual notice
      of
      the Basis Risk Cap Provider’s failure to pay, demand that the Guarantor make any
      and all payments then required to be made by the Guarantor pursuant to such
      Guaranty; provided, that the Trust Administrator shall in no event be liable
      for
      any failure or delay in the performance by the Basis Risk Cap Provider or any
      Guarantor of its obligations hereunder or pursuant to the Basis Risk Cap
      Agreement and the Guaranty, nor for any special, indirect or consequential
      loss
      or damage of any kind whatsoever (including but not limited to lost profits)
      in
      connection therewith.

     

    Upon
      an
      early termination of the Basis Risk Cap Agreement other than in connection
      with
      the optional termination of the Trust, the Trust Administrator, at the direction
      of the Depositor, will use reasonable efforts to appoint a successor basis
      risk
      cap provider to enter into a new basis risk cap agreement on terms substantially
      similar to the Basis Risk Cap Agreement, with a successor basis risk cap
      provider meeting all applicable eligibility requirements. If the Trust
      Administrator receives a termination payment from the Basis Risk Cap Provider
      in
      connection with such early termination, the Trust Administrator (will apply
      such
      termination payment to any upfront payment required to appoint the successor
      basis risk cap provider. If the Trust Administrator is required to pay a
      termination payment to the Basis Risk Cap Provider in connection with such
      early
      termination, the Trust Administrator will apply any upfront payment received
      from the successor basis risk cap provider to pay such termination
      payment.

     

    If
      the
      Trust Administrator is unable to appoint a successor basis risk cap provider
      within 30 days of the early termination, then the Trust Administrator will
      deposit any termination payment received from the original Basis Risk Cap
      Provider into a separate, non-interest bearing reserve account and will, on
      each
      subsequent Distribution Date, withdraw from the amount then remaining on deposit
      in such reserve account, an amount equal to the payment, if any, that would
      have
      been paid to the Trust Administrator by the original Basis Risk Cap Provider
      calculated in accordance with the terms of the original Basis Risk Cap
      Agreement, and distribute such amount in accordance with the terms of Section
      4.01(d).

     

    Upon
      an
      early termination of the Basis Risk Cap Agreement in connection with the
      optional termination of the Trust, if the Trust Administrator receives a
      termination payment from the Basis Risk Cap Provider, such termination payment
      will be distributed in accordance with Section 4.01(d).

     

    (b)  In
      the
      event that the Interest Rate Cap Provider fails to perform any of its
      obligations under the Interest Rate Cap Agreement (including, without
      limitation, its obligation to make any payment or transfer collateral), or
      breaches any of its representations and warranties thereunder, or in the event
      that any Event of Default, Termination Event, or Additional Termination Event
      (each as defined in the Interest Rate Cap Agreement) occurs with respect to
      the
      Interest Rate Cap Agreement, the Trust Administrator (in its capacity as Cap
      Trustee) shall, promptly following actual notice of such failure, breach or
      event, notify the Depositor and send any notices and make any demands, on behalf
      of the Cap Trust, required to enforce the rights of the Cap Trust under the
      Interest Rate Cap Agreement.

     

    In
      the
      event that the Interest Rate Cap Provider’s obligations are guaranteed by a
      third party under a guaranty relating to the Interest Rate Cap Agreement (such
      guaranty the “Guaranty” and such third party the “Guarantor”), then to the
      extent that the Interest Rate Cap Provider fails to make any payment by the
      close of business on the day it is required to make payment under the terms
      of
      the Interest Rate Cap Agreement, the Trust Administrator (in its capacity as
      Cap
      Trustee) shall, promptly following actual notice of the Interest Rate Cap
      Provider’s failure to pay, demand that the Guarantor make any and all payments
      then required to be made by the Guarantor pursuant to such Guaranty; provided,
      that the Trust Administrator (in its capacity as Cap Trustee) shall in no event
      be liable for any failure or delay in the performance by the Interest Rate
      Cap
      Provider or any Guarantor of its obligations hereunder or pursuant to the
      Interest Rate Cap Agreement and the Guaranty, nor for any special, indirect
      or
      consequential loss or damage of any kind whatsoever (including but not limited
      to lost profits) in connection therewith.

     

    Upon
      an
      early termination of the Interest Rate Cap Agreement other than in connection
      with the optional termination of the Trust, the Trust Administrator (in its
      capacity as Cap Trustee), at the direction of the Depositor, will use reasonable
      efforts to appoint a successor interest rate cap provider to enter into a new
      interest rate cap agreement on terms substantially similar to the Interest
      Rate
      Cap Agreement, with a successor interest rate cap provider meeting all
      applicable eligibility requirements. If the Trust Administrator (in its capacity
      as Cap Trustee) receives a termination payment from the Interest Rate Cap
      Provider in connection with such early termination, the Trust Administrator
      (in
      its capacity as Cap Trustee) will apply such termination payment to any upfront
      payment required to appoint the successor interest rate cap provider. If the
      Trust Administrator (in its capacity as Cap Trustee) is required to pay a
      termination payment to the Interest Rate Cap Provider in connection with such
      early termination, the Trust Administrator (in its capacity as Cap Trustee)
      will
      apply any upfront payment received from the successor interest rate cap provider
      to pay such termination payment.

     

    If
      the
      Trust Administrator (in its capacity as Cap Trustee) is unable to appoint a
      successor interest rate cap provider within 30 days of the early termination,
      then the Trust Administrator (in its capacity as Cap Trustee) will deposit
      any
      termination payment received from the original Interest Rate Cap Provider into
      a
      separate, non-interest bearing reserve account and will, on each subsequent
      Distribution Date, withdraw from the amount then remaining on deposit in such
      reserve account an amount equal to the payment, if any, that would have been
      paid to the Trust Administrator (in its capacity as Cap Trustee) by the original
      Interest Rate Cap Provider calculated in accordance with the terms of the
      original Interest Rate Cap Agreement, and distribute such amount in accordance
      with the terms of Section 4.01(g).

     

    Upon
      an
      early termination of the Interest Rate Cap Agreement in connection with the
      optional termination of the Trust, if the Trust Administrator (in its capacity
      as Cap Trustee) receives a termination payment from the Interest Rate Cap
      Provider, such termination payment will be distributed in accordance with
      Section 4.01(g).

     

    (c)  In
      the
      event that the Swap Provider fails to perform any of its obligations under
      the
      Interest Rate Swap Agreement (including, without limitation, its obligation
      to
      make any payment or transfer collateral), or breaches any of its representations
      and warranties thereunder, or in the event that any Event of Default,
      Termination Event, or Additional Termination Event (each as defined in the
      Interest Rate Swap Agreement) occurs with respect to the Interest Rate Swap
      Agreement, the Trust Administrator (in its capacity as Supplemental Interest
      Trust Trustee) shall, promptly following actual notice of such failure, breach
      or event, notify the Depositor and send any notices and make any demands, on
      behalf of the Supplemental Interest Trust, required to enforce the rights of
      the
      Supplemental Interest Trust under the Interest Rate Swap Agreement.

     

    In
      the
      event that the Swap Provider’s obligations are guaranteed by a third party under
      a guaranty relating to the Interest Rate Swap Agreement (such guaranty the
      “Guaranty” and such third party the “Guarantor”), then to the extent that the
      Swap Provider fails to make any payment by the close of business on the day
      it
      is required to make payment under the terms of the Interest Rate Swap Agreement,
      the Trust Administrator (in its capacity as Supplemental Interest Trust Trustee)
      shall, promptly following actual notice of the Swap Provider’s failure to pay,
      demand that the Guarantor make any and all payments then required to be made
      by
      the Guarantor pursuant to such Guaranty; provided, that the Trust Administrator
      (in its capacity as Supplemental Interest Trust Trustee) shall in no event
      be
      liable for any failure or delay in the performance by the Swap Provider or
      any
      Guarantor of its obligations hereunder or pursuant to the Interest Rate Swap
      Agreement and the Guaranty, nor for any special, indirect or consequential
      loss
      or damage of any kind whatsoever (including but not limited to lost profits)
      in
      connection therewith.

     

    Upon
      an
      early termination of the Interest Rate Swap Agreement other than in connection
      with the optional termination of the Trust, the Trust Administrator (in its
      capacity as Supplemental Interest Trust Trustee), at the direction of the
      Depositor, will use reasonable efforts to appoint a successor swap provider
      to
      enter into a new interest rate swap agreement on terms substantially similar
      to
      the Interest Rate Swap Agreement, with a successor swap provider meeting all
      applicable eligibility requirements. If the Trust Administrator (in its capacity
      as Supplemental Interest Trust Trustee) receives a termination payment from
      the
      Swap Provider in connection with such early termination, the Trust Administrator
      (in its capacity as Supplemental Interest Trust Trustee) will apply such
      termination payment to any upfront payment required to appoint the successor
      swap provider. If the Trust Administrator (in its capacity as Supplemental
      Interest Trust Trustee) is required to pay a termination payment to the Swap
      Provider in connection with such early termination, the Trust Administrator
      (in
      its capacity as Supplemental Interest Trust Trustee) will apply any upfront
      payment received from the successor swap provider to pay such termination
      payment.

     

    If
      the
      Trust Administrator (in its capacity as Supplemental Interest Trust Trustee)
      is
      unable to appoint a successor swap provider within 30 days of the early
      termination, then the Trust Administrator (in its capacity as Supplemental
      Interest Trust Trustee) will deposit any termination payment received from
      the
      original Swap Provider into a separate, non-interest bearing reserve account
      and
      will, on each subsequent Distribution Date, withdraw from the amount then
      remaining on deposit in such reserve account an amount equal to the Net Swap
      Payment, if any, that would have been paid to the Trust Administrator (in its
      capacity as Supplemental Interest Trust Trustee) by the original Swap Provider
      calculated in accordance with the terms of the original Interest Rate Swap
      Agreement, and distribute such amount in accordance with the terms of Section
      4.01(f).

     

    Upon
      an
      early termination of the Interest Rate Swap Agreement in connection with the
      optional termination of the Trust, if the Trustee (in its capacity as
      Supplemental Interest Trust Trustee) receives a termination payment from the
      Swap Provider, such termination payment will be distributed in accordance with
      Section 4.01(f).

     

     

     

    ARTICLE
      V

     

    THE
      CERTIFICATES

     

    
      	SECTION
              5.01  	
              The
                Certificates.

            

    

     

    Each
      of
      the Floating Rate Certificates, the Class P Certificates, the Class C
      Certificates, the Class FL Certificates, the Class X Certificates and the
      Residual Certificates shall be substantially in the forms annexed hereto as
      exhibits, and shall, on original issue, be executed, authenticated and delivered
      by the Trust Administrator to or upon the order of the Depositor concurrently
      with the sale and assignment to the Trust Administrator of the Trust Fund.
      The
      Floating Rate Certificates shall be initially evidenced by one or more
      Certificates representing a Percentage Interest with a minimum dollar
      denomination of $25,000 and integral dollar multiples of $1.00 in excess
      thereof; provided, that the Floating Rate Certificates must be purchased in
      minimum total investments of $100,000 per Class and that one Certificate of
      each
      such Class of Certificates may be in a different denomination so that the sum
      of
      the denominations of all outstanding Certificates of such Class shall equal
      the
      Certificate Principal Balance of such Class on the Closing Date. The Class
      C
      Certificates, the Class P Certificates, the Class FL Certificates, the Class
      X
      Certificates and the Residual Certificates are issuable in any Percentage
      Interests; provided, however, that the sum of all such percentages for each
      such
      Class totals 100% and no more than ten Certificates of each Class may be issued
      and outstanding at any one time.

     

    The
      Certificates shall be executed on behalf of the Trust Administrator by manual
      or
      facsimile signature on behalf of the Trust Administrator by a Responsible
      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 Trust Administrator shall bind the Trust, 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 Certificate. No Certificate shall be entitled to any benefit
      under this Agreement or be valid for any purpose, unless such Certificate shall
      have been manually authenticated by the Trust Administrator substantially in
      the
      form provided for herein, and such authentication upon any Certificate 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. Subject to Section 5.02(c), the Floating Rate
      Certificates shall be Book-Entry Certificates. The other Classes of Certificates
      shall not be Book-Entry Certificates.

     

    
      	SECTION
              5.02  	
              Registration
                of Transfer and Exchange of
                Certificates.

            

    

     

    (a)  The
      Certificate Registrar shall cause to be kept at the Corporate Trust Office
      a
      Certificate Register in which, subject to such reasonable regulations as it
      may
      prescribe, the Certificate Registrar shall provide for the registration of
      Certificates and of transfers and exchanges of Certificates as herein provided.
      The Trust Administrator shall initially serve as Certificate Registrar for
      the
      purpose of registering Certificates and transfers and exchanges of Certificates
      as herein provided.

     

    Upon
      surrender for registration of transfer of any Certificate at any office or
      agency of the Certificate Registrar maintained for such purpose pursuant to
      the
      foregoing paragraph which office shall initially be the offices of the Trust
      Administrator’s agent located at Sixth Street and Marquette Avenue, Minneapolis,
      Minnesota 55479, Attention: Corporate Trust Services Soundview Homes Loan Trust
      2007-1 and, in the case of a Residual Certificate, upon satisfaction of the
      conditions set forth below, the Trust Administrator on behalf of the Trust
      shall
      execute, authenticate and deliver, in the name of the designated transferee
      or
      transferees, one or more new Certificates of the same aggregate Percentage
      Interest.

     

    At
      the
      option of the Certificateholders, Certificates may be exchanged for other
      Certificates in authorized denominations and the same aggregate Percentage
      Interests, upon surrender of the Certificates to be exchanged at any such office
      or agency. Whenever any Certificates are so surrendered for exchange, the Trust
      Administrator shall execute on behalf of the Trust and authenticate and deliver
      the Certificates which the Certificateholder making the exchange is entitled
      to
      receive. Every Certificate presented or surrendered for registration of transfer
      or exchange shall (if so required by the Trust Administrator or the Certificate
      Registrar) be duly endorsed by, or be accompanied by a written instrument of
      transfer satisfactory to the Trust Administrator and the Certificate Registrar
      duly executed by, the Holder thereof or his attorney duly authorized in writing.
      In addition, (i) with respect to each Class R Certificate, the holder thereof
      may exchange, in the manner described above, such Class R Certificate for four
      separate certificates, each representing such holder’s respective Percentage
      Interest in the Class R-1 Interest, the Class R-2 Interest and the Class R-3
      Interest that was evidenced by the Class R Certificate being exchanged and
      (ii)
      with respect to each Class R-X Certificate, the holder thereof may exchange,
      in
      the manner described above, such Class R-X Certificate for three separate
      certificates, each representing such holder’s respective Percentage Interest in
      the Class R-4 Interest, the Class R-5 Interest and the Class R-6 Interest that
      was evidenced by the Class R-X Certificate being exchanged.

     

    (b)  Except
      as
      provided in paragraph (c) below, the Book-Entry Certificates shall at all times
      remain registered in the name of the Depository or its nominee and at all times:
      (i) registration of such Certificates may not be transferred by the Trust
      Administrator except to another Depository; (ii) the Depository shall maintain
      book-entry records with respect to the Certificate Owners and with respect
      to
      ownership and transfers of such Certificates; (iii) ownership and transfers
      of
      registration of such Certificates on the books of the Depository shall be
      governed by applicable rules established by the Depository; (iv) the Depository
      may collect its usual and customary fees, charges and expenses from its
      Depository Participants; (v) the Trustee, the Trust Administrator, the Master
      Servicer and the Depositor may for all purposes deal with the Depository as
      representative of the Certificate Owners of the Certificates for purposes of
      exercising the rights of Holders under this Agreement, and requests and
      directions for and votes of such representative shall not be deemed to be
      inconsistent if they are made with respect to different Certificate Owners;
      (vi)
      the Trust Administrator may rely and shall be fully protected in relying upon
      information furnished by the Depository with respect to its Depository
      Participants and furnished by the Depository Participants with respect to
      indirect participating firms and Persons shown on the books of such indirect
      participating firms as direct or indirect Certificate Owners; and (vii) the
      direct participants of the Depository shall have no rights under this Agreement
      under or with respect to any of the Certificates held on their behalf by the
      Depository, and the Depository may be treated by the Trust Administrator and
      its
      agents, employees, officers and directors as the absolute owner of the
      Certificates for all purposes whatsoever.

     

    All
      transfers by Certificate Owners of Book-Entry 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 that it
      represents or of brokerage firms for which it acts as agent in accordance with
      the Depository’s normal procedures. The parties hereto are hereby authorized to
      execute a Letter of Representations with the Depository or take such other
      action as may be necessary or desirable to register a Book-Entry Certificate
      to
      the Depository. In the event of any conflict between the terms of any such
      Letter of Representation and this Agreement, the terms of this Agreement shall
      control.

     

    (c)  If
      (i)(x)
      the Depository or the Depositor advises the Trust Administrator in writing
      that
      the Depository is no longer willing or able to discharge properly its
      responsibilities as Depository and (y) the Trustee or the Depositor is unable
      to
      locate a qualified successor or (ii) after the occurrence of a Servicer Event
      of
      Termination or a Master Servicer Event of Termination, the Certificate Owners
      of
      the Book-Entry Certificates representing Percentage Interests of such Classes
      aggregating not less than 51% advise the Trust Administrator and Depository
      through the Financial Intermediaries and the Depository Participants in writing
      that the continuation of a book-entry system through the Depository to the
      exclusion of definitive, fully registered certificates (the “Definitive
      Certificates”) to Certificate Owners is no longer in the best interests of the
      Certificate Owners. Upon surrender to the Certificate Registrar of the
      Book-Entry Certificates by the Depository, accompanied by registration
      instructions from the Depository for registration, the Trust Administrator
      shall
      in the case of (i) and (ii) above, execute on behalf of the Trust and
      authenticate the Definitive Certificates. None of the Depositor, the Master
      Servicer, the Servicers, the Trustee or the Trust Administrator shall be liable
      for any delay in delivery of such instructions and may conclusively rely on,
      and
      shall be protected in relying on, such instructions. Upon the issuance of
      Definitive Certificates, the Trustee, the Trust Administrator, the Certificate
      Registrar, the Servicers, the Master Servicer, any Paying Agent and the
      Depositor shall recognize the Holders of the Definitive Certificates as
      Certificateholders hereunder.

     

    (d)  No
      transfer, sale, pledge or other disposition of any Class C Certificate, Class
      P
      Certificate, Residual Certificate, the Class FL Certificates or Class X
      Certificate (the “Private Certificates”) shall be made unless such disposition
      is exempt from the registration requirements of the Securities Act of 1933,
      as
      amended (the “Securities Act”), and any applicable state securities laws or is
      made in accordance with the Securities Act and laws. In the event of any such
      transfer (other than in connection with (i) the initial transfer of any Private
      Certificate by the Depositor to an Affiliate of the Depositor or, in the case
      of
      the Class R-X Certificates, the first transfer by an Affiliate of the Depositor
      or the first transfer by the initial transferee of an Affiliate of the
      Depositor, (ii) the transfer of any Private Certificate to the issuer under
      the
      Indenture or the indenture trustee under the Indenture or (iii) a transfer
      of
      any Private Certificate from the issuer under the Indenture or the indenture
      trustee under the Indenture to the Depositor or an Affiliate of the Depositor),
      (x) unless such transfer is made in reliance upon Rule 144A (as evidenced by
      the
      investment letter delivered to the Trust Administrator, in substantially the
      form attached hereto as Exhibit J) under the Securities Act, the Trust
      Administrator and the Depositor shall require a written Opinion of Counsel
      (which may be in-house counsel) acceptable to and in form and substance
      reasonably satisfactory to the Trust Administrator and the Depositor that such
      transfer may be made pursuant to an exemption, describing the applicable
      exemption and the basis therefor, from the Securities Act or is being made
      pursuant to the Securities Act, which Opinion of Counsel shall not be an expense
      of the Trust Administrator or the Depositor or (y) the Trust Administrator
      shall
      require the transferor to execute a transferor certificate (in substantially
      the
      form attached hereto as Exhibit L) and the transferee to execute an investment
      letter (in substantially the form attached hereto as Exhibit J) acceptable
      to
      and in form and substance reasonably satisfactory to the Depositor and the
      Trust
      Administrator certifying to the Depositor and the Trust Administrator the facts
      surrounding such transfer, which investment letter shall not be an expense
      of
      the Trust Administrator or the Depositor. The Holder of a Private Certificate
      desiring to effect such transfer shall, and does hereby agree to, indemnify
      the
      Trust Administrator and the Depositor 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.

     

    Notwithstanding
      the foregoing, in the event of any such transfer of any Ownership Interest
      in
      any Private Certificate that is a Book-Entry Certificate, except with respect
      to
      the initial transfer of any such Ownership Interest by the Depositor, such
      transfer shall be required to be made in reliance upon Rule 144A under the
      Securities Act, and the transferor will be deemed to have made each of the
      transferor representations and warranties set forth Exhibit L hereto in respect
      of such interest as if it was evidenced by a Definitive Certificate and the
      transferee will be deemed to have made each of the transferee representations
      and warranties set forth Exhibit J hereto in respect of such interest as if
      it
      was evidenced by a Definitive Certificate. The Certificate Owner of any such
      Ownership Interest in any such Book-Entry Certificate desiring to effect such
      transfer shall, and does hereby agree to, indemnify the Trust Administrator
      and
      the Depositor 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.

     

    Notwithstanding
      the foregoing, no certification or Opinion of Counsel described above in this
      Section 5.02(d) will be required in connection with the transfer, on the Closing
      Date, of any Residual Certificate by the Depositor to an “accredited investor”
within the meaning of Rule 501 of the Securities Act.

     

    No
      transfer of any Class C Certificate shall be made unless the transferee of
      such
      Class C Certificate provides to the Trust Administrator, the Swap Provider
      and
      the Interest Rate Cap Provider 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 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 thereto), has become obsolete or incorrect. In addition, no transfer
      of any Class C Certificate shall be made if such transfer would cause the
      Supplemental Interest Trust or the Cap Account to be beneficially owned by
      two
      or more persons for federal income tax purposes, or continue to be so treated,
      unless (a) each proposed transferee of such Class C Certificate complies with
      the foregoing conditions, (b) the proposed majority Holder of the Class C
      Certificates (or each Holder, if there is or would be no majority Holder) (A)
      provides, or causes to be provided, on behalf of the Supplemental Interest
      Trust
      and the Cap Account, if applicable, the appropriate tax certification form
      that
      would be required from the Supplemental Interest Trust or the Cap Account,
      as
      applicable, to eliminate any withholding or deduction for taxes from amounts
      payable by the Swap Provider or the Interest Rate Cap Provider, pursuant to
      the
      Interest Rate Swap Agreement or the Interest Rate Cap Agreement, to the Trust
      Administrator, the Swap Provider and the Interest Rate Cap Provider on behalf
      of
      the Supplemental Interest Trust or the Cap Account (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, together with any applicable attachments) and
      (B)
      agrees to update such form (x) upon expiration of any such form, (y) as required
      under then applicable U.S. Treasury regulations and (z) promptly upon learning
      that such form has become obsolete or incorrect. If, under applicable U.S.
      Treasury regulations, such tax certification form may only be signed by a
      trustee acting on behalf of the Supplemental Interest Trust or the Cap Account,
      then the Supplemental Interest Trust Trustee or the Trust Administrator, as
      applicable, shall sign such certification form if so requested by a Holder
      of
      the Class C Certificates.

     

    Upon
      receipt of any such tax certification form from a transferee of any Class C
      Certificate pursuant to the immediately preceding paragraph, the Trust
      Administrator shall provide a copy of any such tax certification form to the
      Swap Provider and the Interest Rate Cap Provider, upon its request, solely
      to
      the extent the Swap Provider or the Interest Rate Cap Provider has not received
      such IRS Form directly from the Holder of the Class C Certificates. Each Holder
      of a Class C Certificate by its purchase of such Certificate is deemed to
      consent to any such IRS Form being so forwarded. Upon the request of the Swap
      Provider or the Interest Rate Cap Provider, the Trust Administrator shall be
      required to forward any tax certification received by it to the Swap Provider
      or
      the Interest Rate Cap Provider at the last known address provided to it, and,
      subject to Section 8.01, shall not be liable for the receipt of such tax
      certification by the Swap Provider or the Interest Rate Cap Provider, nor any
      action taken or not taken by the Swap Provider or the Interest Rate Cap Provider
      with respect to such tax certification. Any purported sales or transfers of
      any
      Class C Certificate to a transferee which does not comply with the requirements
      of the preceding paragraph shall be deemed null and void under this Agreement.
      The Trust Administrator shall have no duty to take any action to correct any
      misstatement or omission in any tax certification provided to it by the Holder
      of the Class C Certificates and forwarded to the Swap Provider or the Interest
      Rate Cap Provider.

     

    No
      transfer of a Private Certificate or any interest therein shall be made to
      any
      Plan, any Person acting, directly or indirectly, on behalf of any such Plan
      or
      any Person acquiring such Certificates with “Plan Assets” of a Plan within the
      meaning of the Department of Labor regulation promulgated at 29 C.F.R. §
2510.3-101 (“Plan Assets”), as certified by such transferee in the form of
      Exhibit M, unless the Trust Administrator is provided with an Opinion of Counsel
      for the benefit of the Trustee, the Trust Administrator, the Depositor, the
      Master Servicer and the Servicers and on which they may rely which establishes
      to the satisfaction of the Depositor, the Trust Administrator, the Servicers
      and
      the Master Servicer that the purchase of such Certificates is permissible under
      applicable law, will not constitute or result in any prohibited transaction
      under ERISA or Section 4975 of the Code and will not subject the Depositor,
      the
      Master Servicer, the Servicers, the Trust Administrator, the Trustee or the
      Trust Fund to any obligation or liability (including obligations or liabilities
      under ERISA or Section 4975 of the Code) in addition to those undertaken in
      this
      Agreement, which Opinion of Counsel shall not be an expense of the Depositor,
      the Master Servicer, the Servicers, the Trust Administrator, the Trustee or
      the
      Trust Fund. Neither a certification nor an Opinion of Counsel will be required
      in connection with (i) the initial transfer of any Private Certificate by the
      Depositor to an Affiliate of the Depositor, (ii) the transfer of any Private
      Certificate to the issuer under the Indenture or the indenture trustee under
      the
      Indenture or (iii) a transfer of any Private Certificate from the issuer under
      the Indenture or the indenture trustee under the Indenture to the Depositor
      or
      an Affiliate of the Depositor (in which case, the Depositor or any Affiliate
      thereof shall have deemed to have represented that such Affiliate is not a
      Plan
      or a Person investing Plan Assets) and the Trust Administrator shall be entitled
      to conclusively rely upon a representation (which, upon the request of the
      Trust
      Administrator shall be a written representation) from the Depositor of the
      status of such transferee as an affiliate of the Depositor.

     

    For
      so
      long as the Supplemental Interest Trust is in existence, each beneficial owner
      of a Floating Rate Certificate or any interest therein, shall be deemed to
      have
      represented, by virtue of its acquisition or holding of the Floating Rate
      Certificate, or interest therein, that either (i) it is not a Plan or (ii)
      (A)
      it is an accredited investor within the meaning of Prohibited Transaction
      Exemption (“PTE”) 90-59, 55 Fed. Reg. 36724 (September 6, 1990), as amended by
      PTE 97-34, 62 Fed. Reg. 39021 (July 21, 1997), PTE 2000-58, 65 Fed. Reg. 67765
      (November 13, 2000) and PTE 2002-41, 67 Fed. Reg. 54487 (August 22, 2002) (the
      “Exemption”) and (B) the acquisition and holding of such Certificate and the
      separate right to receive payments from the Supplemental Interest Trust are
      eligible for the exemptive relief available under Prohibited Transaction Class
      Exemption (“PTCE”) 84-14, 91-38, 90-1, 95-60 or 96-23.

     

    Subsequent
      to the termination of the Supplemental Interest Trust, each Transferee of a
      Mezzanine Certificate will be deemed to have represented by virtue of its
      purchase or holding of such Certificate (or interest therein) that either (a)
      such Transferee is not a Plan or purchasing such Certificate with Plan Assets,
      (b) except in the case of a Class M-10 Certificate, 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 such Certificate must be rated, at the time of purchase, not lower than
      “BBB-” (or its equivalent) by a Rating Agency or (c) the following conditions
      are satisfied: (i) such Transferee is an insurance company, (ii) the source
      of
      funds used to purchase or hold such Certificate (or interest therein) is an
      “insurance company general account” (as defined in PTCE 95-60), and (iii) the
      conditions set forth in Sections I and III of PTCE 95-60 have been
      satisfied.

     

    If
      any
      Certificate or any interest therein is acquired or held in violation of the
      provisions of the three preceding paragraphs, the next preceding permitted
      beneficial owner will be treated as the beneficial owner of that Certificate
      retroactive to the date of transfer to the purported beneficial owner. Any
      purported beneficial owner whose acquisition or holding of any such Certificate
      or interest therein was effected in violation of the provisions of the three
      preceding paragraphs shall indemnify and hold harmless the Depositor, the Master
      Servicer, the Servicers, the Trust Administrator, the Trustee and the Trust
      from
      and against any and all liabilities, claims, costs or expenses incurred by
      those
      parties as a result of that acquisition or holding.

     

    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 to have irrevocably
      appointed the Depositor or its designee as its attorney-in-fact to negotiate
      the
      terms of any mandatory sale under clause (v) below and to execute all
      instruments of transfer and to do all other things necessary in connection
      with
      any such sale, 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 Trust
      Administrator of any change or impending change in its status as a Permitted
      Transferee.

     

    (ii)  No
      Person
      shall acquire an Ownership Interest in a Residual Certificate unless such
      Ownership Interest is a pro
      rata
      undivided interest.

     

    (iii)  In
      connection with any proposed transfer of any Ownership Interest in a Residual
      Certificate, the Trust Administrator shall as a condition to registration of
      the
      transfer, require delivery to it, in form and substance satisfactory to it,
      of
      each of the following:

     

    
      	 	
              (A)

            	
              an
                affidavit in the form of Exhibit K hereto from the proposed transferee
                to
                the effect that such transferee is a Permitted Transferee and 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 who is not a Permitted Transferee;
                and

            

    

     

    
      	 	
              (B)

            	
              a
                covenant of the proposed transferee to the effect that the proposed
                transferee agrees to be bound by and to abide by the transfer restrictions
                applicable to the Residual
                Certificates.

            

    

     

    (iv)  Any
      attempted or purported transfer of any Ownership Interest in a Residual
      Certificate in violation of the provisions of this Section shall be absolutely
      null and void and shall vest no rights in the purported transferee. If any
      purported transferee shall, in violation of the provisions of this Section,
      become a Holder of a Residual Certificate, then the prior Holder of such
      Residual Certificate that is a Permitted Transferee shall, upon discovery that
      the registration of transfer of such Residual Certificate was not in fact
      permitted by this Section, be restored to all rights as Holder thereof
      retroactive to the date of registration of transfer of such Residual
      Certificate. The Trust 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 or for making any distributions due on such Residual
      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 Trust
      Administrator received the documents specified in clause (iii). The Trust
      Administrator shall be entitled to recover from any Holder of a Residual
      Certificate that was in fact not a Permitted Transferee at the time such
      distributions were made all distributions made on such Residual Certificate.
      Any
      such distributions so recovered by the Trust Administrator shall be distributed
      and delivered by the Trust Administrator to the prior Holder of such Residual
      Certificate that is a Permitted Transferee.

     

    (v)  If
      any
      Person other than a Permitted Transferee acquires any Ownership Interest in
      a
      Residual Certificate in violation of the restrictions in this Section, then
      the
      Trust Administrator shall have the right but not the obligation, without notice
      to the Holder of such Residual Certificate or any other Person having an
      Ownership Interest therein, to notify the Depositor to arrange for the sale
      of
      such Residual Certificate. The proceeds of such sale, net of commissions (which
      may include commissions payable to the Depositor or its affiliates in connection
      with such sale), expenses and taxes due, if any, will be remitted by the Trust
      Administrator to the previous Holder of such Residual Certificate that is a
      Permitted Transferee, except that in the event that the Trust Administrator
      determines that the Holder of such Residual Certificate may be liable for any
      amount due under this Section or any other provisions of this Agreement, the
      Trust Administrator may withhold a corresponding amount from such remittance
      as
      security for such claim. The terms and conditions of any sale under this clause
      (v) shall be determined in the sole discretion of the Trust Administrator and
      it
      shall not be liable to any Person having an Ownership Interest in a Residual
      Certificate as a result of its exercise of such discretion.

     

    (vi)  If
      any
      Person other than a Permitted Transferee acquires any Ownership Interest in
      a
      Residual Certificate in violation of the restrictions in this Section, then
      the
      Trust Administrator upon receipt of reasonable compensation will provide to
      the
      Internal Revenue Service, and to the persons specified in Sections 860E(e)(3)
      and (6) of the Code, information needed to compute the tax imposed under Section
      860E(e)(5) of the Code on transfers of residual interests to disqualified
      organizations.

     

    The
      foregoing provisions of this Section shall cease to apply to transfers occurring
      on or after the date on which there shall have been delivered to the Trust
      Administrator, in form and substance satisfactory to the Trust Administrator,
      (i) written notification from each Rating Agency that the removal of the
      restrictions on transfer set forth in this Section will not cause such Rating
      Agency to downgrade its rating of the Certificates and (ii) an Opinion of
      Counsel to the effect that such removal will not cause any REMIC created
      hereunder to fail to qualify as a REMIC.

     

    (e)  No
      service charge shall be made for any registration of transfer or exchange of
      Certificates of any Class, but the Certificate Registrar 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.

     

    All
      Certificates surrendered for registration of transfer or exchange shall be
      canceled by the Certificate Registrar and disposed of pursuant to its standard
      procedures.

     

    
      	SECTION
              5.03  	
              Mutilated,
                Destroyed, Lost or Stolen
                Certificates.

            

    

     

    If
      (i)
      any mutilated Certificate is surrendered to the Certificate Registrar or the
      Certificate Registrar receives evidence to its satisfaction of the destruction,
      loss or theft of any Certificate and (ii) there is delivered to the Trustee,
      the
      Depositor and the Certificate Registrar such security or indemnity as may be
      required by them to save each of them harmless, then, in the absence of notice
      to the Trust Administrator, or the Certificate Registrar that such Certificate
      has been acquired by a bona fide purchaser, the Trust Administrator shall
      execute on behalf of the Trust, authenticate and deliver, in exchange for or
      in
      lieu of any such mutilated, destroyed, lost or stolen Certificate, a new
      Certificate of like tenor and Percentage Interest. Upon the issuance of any
      new
      Certificate under this Section, the Trust Administrator or the Certificate
      Registrar 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 and the Certificate
      Registrar) in connection therewith. Any duplicate Certificate issued pursuant
      to
      this Section, shall constitute complete and indefeasible evidence of ownership
      in the Trust, as if originally issued, whether or not the lost, stolen or
      destroyed Certificate shall be found at any time.

     

    
      	SECTION
              5.04  	
              Persons
                Deemed Owners.

            

    

     

    The
      Servicers, the Depositor, the Trustee, the Master Servicer, the Trust
      Administrator, the Certificate Registrar, any Paying Agent and any agent of
      the
      Servicers, the Depositor, the Master Servicer, the Trust Administrator, the
      Certificate Registrar or any Paying Agent may treat the Person, including a
      Depository, in whose name any Certificate is registered as the owner of such
      Certificate for the purpose of receiving distributions pursuant to Section
      4.01
      and for all other purposes whatsoever, and none of the Depositor, the Master
      Servicer, the Trust Administrator, the Trustee, the Certificate Registrar or
      any
      Paying Agent nor any agent of any of them shall be affected by notice to the
      contrary.

     

    
      	SECTION
              5.05  	
              Appointment
                of Paying Agent.

            

    

     

    (a)  The
      Paying Agent shall make distributions to Certificateholders from the
      Distribution Account pursuant to Section 4.01. The duties of the Paying Agent
      may include the obligation (i) to withdraw funds from the Collection Account
      pursuant to Section 3.11(a) and for the purpose of making the distributions
      referred to above and (ii) to distribute statements and provide information
      to
      Certificateholders as required hereunder. The Paying Agent hereunder shall
      at
      all times be an entity duly organized and validly existing under the laws of
      the
      United States of America or any state thereof, authorized under such laws to
      exercise corporate trust powers and subject to supervision or examination by
      federal or state authorities. The Paying Agent shall initially be the Trust
      Administrator. 

     

     

     

    ARTICLE
      VI

     

    THE
      MASTER SERVICER, OCWEN AND THE DEPOSITOR

     

    
      	SECTION
              6.01  	
              Liability
                of the Master Servicer, Ocwen and the
                Depositor.

            

    

     

    The
      Master Servicer and Ocwen
      shall
      be
      liable in accordance herewith only to the extent of the obligations specifically
      imposed upon and undertaken by the Master Servicer and Ocwen herein. The
      Depositor shall be liable in accordance herewith only to the extent of the
      obligations specifically imposed upon and undertaken by the
      Depositor.

     

    
      	SECTION
              6.02  	
              Merger
                or Consolidation of, or Assumption of the Obligations of Ocwen, the
                Master
                Servicer or the Depositor.

            

    

     

    Any
      entity into which Ocwen, the Master Servicer or Depositor may be merged or
      consolidated, or any entity resulting from any merger, conversion or
      consolidation to which Ocwen, the Master Servicer or the Depositor shall be
      a
      party, or any corporation succeeding to the business of Ocwen, the Master
      Servicer or the Depositor, shall be the successor of Ocwen, the Master Servicer
      or the Depositor, as the case may be, 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, however, that the
      successor servicer shall satisfy all the requirements of Section 7.02 with
      respect to the qualifications of a successor servicer.

     

    
      	SECTION
              6.03  	
              Limitation
                on Liability of Ocwen, the Master Servicer and
                Others.

            

    

     

    Neither
      the Master Servicer, Ocwen or the Depositor nor any of the directors or officers
      or employees or agents of the Master Servicer, Ocwen or the Depositor shall
      be
      under any liability to the Trust or the Certificateholders for any action taken
      or for refraining from the taking of any action by the Master Servicer, Ocwen
      or
      the Depositor in good faith pursuant to this Agreement, or for errors in
      judgment; provided, however, that this provision shall not protect the Master
      Servicer, Ocwen, the Depositor or any such Person against any liability which
      would otherwise be imposed by reason of its willful misfeasance, bad faith
      or
      negligence in the performance of duties of the Master Servicer, Ocwen or the
      Depositor, as the case may be, or by reason of its reckless disregard of its
      obligations and duties of the Master Servicer, Ocwen or the Depositor, as the
      case may be, hereunder; provided, further, that this provision shall not be
      construed to entitle the Master Servicer or Ocwen to indemnity in the event
      that
      amounts advanced by the Master Servicer or Ocwen to retire any senior lien
      exceed Liquidation Proceeds (in excess of related liquidation expenses) realized
      with respect to the related Mortgage Loan. The Master Servicer and Ocwen and
      any
      director or officer or employee or agent of the Master Servicer and Ocwen 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.
      The Master Servicer, Ocwen and the Depositor, and any director or officer or
      employee or agent of the Master Servicer, Ocwen or the Depositor, shall be
      indemnified by the Trust and held harmless against (i) any loss, liability
      or
      expense incurred in connection with any legal action relating to this Agreement
      or the Certificates, other than any loss, liability or expense related to any
      specific Mortgage Loan or Mortgage Loans (except as any such loss, liability
      or
      expense shall be otherwise reimbursable pursuant to this Agreement) and any
      loss, liability or expense incurred by reason of its willful misfeasance, bad
      faith or negligence in the performance of duties hereunder or by reason of
      its
      reckless disregard of obligations and duties hereunder or (ii) any breach of
      a
      representation or warranty by the Seller or any Originator regarding the
      Mortgage Loans. The Master Servicer, Ocwen or the Depositor may undertake any
      such action which it may deem necessary or desirable in respect of this
      Agreement, and the rights and duties of the parties hereto and the interests
      of
      the Certificateholders hereunder. In such event, the reasonable legal expenses
      and costs of such action and any liability resulting therefrom shall be
      expenses, costs and liabilities of the Trust and the Depositor, the Master
      Servicer or Ocwen shall be entitled to be reimbursed therefor from the
      Collection Account as and to the extent provided in Section 3.11, any such
      right
      of reimbursement being prior to the rights of the Certificateholders to receive
      any amount in the Collection Account. The Master Servicer’s and Ocwen’s right to
      indemnity or reimbursement pursuant to this Section shall survive any
      resignation or termination of the Master Servicer and Ocwen pursuant to Section
      6.04 or 7.01 with respect to any losses, expenses, costs or liabilities arising
      prior to such resignation or termination (or arising from events that occurred
      prior to such resignation or termination). This paragraph shall apply to the
      Master Servicer and Ocwen solely in their capacity as Master Servicer and
      Servicer hereunder and in no other capacities.

     

    
      	SECTION
              6.04  	
              Limitation
                on Resignation of Ocwen; Assignment of Master
                Servicing.

            

    

     

    Ocwen
      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 Ocwen shall be evidenced by an Opinion of Counsel
      to such effect obtained at the expense of Ocwen and delivered to the Trustee,
      the Trust Administrator and the Master Servicer. No resignation of Ocwen shall
      become effective until the Master Servicer or (if the Master Servicer is Ocwen)
      the Trustee or a successor servicer shall have assumed Ocwen’s responsibilities,
      duties, liabilities (other than those liabilities arising prior to the
      appointment of such successor) and obligations under this
      Agreement.

     

    Except
      as
      expressly provided herein, Ocwen shall not assign or transfer any of its rights,
      benefits or privileges hereunder to any other Person, or delegate to or
      subcontract with, or authorize or appoint any other Person to perform any of
      the
      duties, covenants or obligations to be performed by Ocwen hereunder. The
      foregoing prohibition on assignment shall not prohibit Ocwen from designating
      a
      Sub-Servicer as payee of any indemnification amount payable to Ocwen hereunder;
      provided, however, no Sub-Servicer shall be a third-party beneficiary hereunder
      and the parties hereto shall not be required to recognize any Subservicer as
      an
      indemnitee under this Agreement.

     

    The
      Master Servicer may sell, assign or delegate its rights, duties and obligations
      as Master Servicer under this Agreement in their entirety; provided, however,
      that: (i) the purchaser or transferee accepting such sale, assignment and
      delegation (a) shall be a Person qualified to service mortgage loans for Fannie
      Mae or Freddie Mac; (b) shall have a net worth of not less than $50,000,000
      (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 from and after the effective date of such
      assumption agreement; (ii) each Rating Agency shall be given prior written
      notice of the identity of the proposed successor to the Master Servicer and
      shall confirm in writing to the Master Servicer and the Trustee that any such
      sale, assignment or delegation would not result in a withdrawal or a downgrading
      of the rating on any Class of Certificates in effect immediately prior to such
      sale, assignment or delegation; and (iii) the Master Servicer shall deliver
      to
      the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating
      that all conditions precedent to such action under this Agreement have been
      fulfilled and such action is permitted by and complies with the terms of this
      Agreement. No such sale, assignment or delegation shall affect any liability
      of
      the Master Servicer arising prior to the effective date thereof.

     

    
      	SECTION
              6.05  	
              Successor
                Master Servicer.

            

    

     

    In
      connection with the appointment of any successor Master Servicer or the
      assumption of the duties of the Master Servicer, the Depositor or the Trustee
      may make such arrangements for the compensation of such successor Master
      Servicer out of payments on the Mortgage Loans as the Depositor or 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 master servicing of single-family mortgage loans. Notwithstanding
      the foregoing, the compensation payable to a successor Master Servicer may
      not
      exceed the compensation which the Master Servicer would have been entitled
      to
      retain if the Master Servicer had continued to act as Master Servicer
      hereunder.

     

    
      	SECTION
              6.06  	
              Delegation
                of Duties.

            

    

     

    In
      the
      ordinary course of business, Ocwen at any time may delegate any of its duties
      hereunder to any Person, including any of its Affiliates, who agrees to conduct
      such duties in accordance with standards comparable to those set forth in
      Section 3.01. Such delegation shall not relieve Ocwen of its liabilities and
      responsibilities with respect to such duties and shall not constitute a
      resignation within the meaning of Section 6.04. Except as provided in Section
      3.02, no such delegation is permitted that results in the delegee subservicing
      any Mortgage Loans.

     

    
      	SECTION
              6.07  	
              [Reserved].

            

    

     

    
      	SECTION
              6.08  	
              Inspection.

            

    

     

    Ocwen,
      in
      its capacity as Servicer, shall afford the Depositor, the Master Servicer,
      the
      Trust Administrator and the Trustee, upon reasonable notice, during normal
      business hours, access to all records maintained by Ocwen in respect of its
      rights and obligations hereunder and access to officers of Ocwen responsible
      for
      such obligations.

     

    
      	SECTION
              6.09  	
              Duties
                of the Credit Risk Manager.

            

    

     

    For
      and
      on behalf of the Depositor, the Credit Risk Manager will provide reports and
      recommendations concerning certain delinquent and defaulted Mortgage Loans,
      and
      as to the collection of any Prepayment Premiums with respect to the Mortgage
      Loans. Such reports and recommendations will be based upon information provided
      pursuant to the Credit Risk Management Agreement to the Credit Risk Manager
      by
      the Servicers and/or the Master Servicer. The Credit Risk Manager shall look
      solely to the Servicers and/or the 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 Mortgage Loans and neither the Trust
      Administrator nor the Trustee shall have any obligation to provide any such
      information to the Credit Risk Manager and shall not otherwise have any
      responsibility with respect to the performance of the Credit Risk
      Manager.

     

    
      	SECTION
              6.10  	
              Limitation
                Upon Liability of the Credit Risk
                Manager.

            

    

     

    Neither
      the Credit Risk Manager, nor any of its directors, officers, employees, or
      agents shall be under any liability to the Trustee, the Certificateholders,
      the
      Trust Administrator, the Servicers and/or the Master Servicer or the Depositor
      for any action taken or for refraining from the taking of any action made in
      good faith pursuant to this Agreement, in reliance upon information provided
      by
      the Servicers and/or the Master Servicer under the Credit Risk Management
      Agreement, or for 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 or bad faith
      in
      its performance of its duties. 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 Ocwen
      and/or the Master Servicer pursuant to the Credit Risk Management Agreement
      in
      the performance of its duties thereunder and hereunder.

     

    
      	SECTION
              6.11  	
              Removal
                of the Credit Risk Manager.

            

    

     

    The
      Credit Risk Manager may be removed as Credit Risk Manager by the Depositor
      at
      any time, without cause, with the consent of Certificateholders holding not
      less
      than 66 2/3% of the Voting Rights, upon ten (10) days prior written notice.
      The
      Depositor shall provide such written notice to the Trustee and the Trust
      Administrator and upon receipt of such notice and evidence of such
      Certificateholders’ consent, the Trustee and the Trust Administrator shall
      provide written notice to the Credit Risk Manager of its removal, effective
      upon
      receipt of such notice. 

     

     

     

    ARTICLE
      VII

     

    DEFAULT

     

    
      	SECTION
              7.01  	
              Master
                Servicer Events of Termination and Servicer Events of
                Termination.

            

    

     

    (a)  With
      respect to Ocwen, if any one of the following events (“Servicer Events of
      Termination”) shall occur and be continuing:

     

    (i)  The
      failure by Ocwen to make any Advance; or (B) any other failure by Ocwen to
      deposit in the Collection Account or Distribution Account any deposit required
      to be made under the terms of this Agreement which continues unremedied for
      a
      period of one Business Day after the date upon which written notice (which
      shall
      also be provided via facsimile at the number listed in Section 11.05 of this
      Agreement) of such failure shall have been given to Ocwen by the Trust
      Administrator or to Ocwen and the Trust Administrator by any Holders of a
      Regular Certificate evidencing at least 25% of the Voting Rights;
      or

     

    (ii)  The
      failure by Ocwen to make any required Servicing Advance which failure continues
      unremedied for a period of 30 days, or the failure by Ocwen duly to observe
      or
      perform, in any material respect, any other covenants, obligations or agreements
      of Ocwen as set forth in this Agreement, which failure continues unremedied
      for
      a period of 30 days (or if such failure or breach cannot be remedied within
      30
      days, then such remedy shall have commenced within 30 days and diligently
      pursued thereafter; provided, however, that in no event shall such failure
      or
      breach be allowed to exist for a period of greater than 90 days), after the
      date
      (A) on which written notice of such failure, requiring the same to be remedied,
      shall have been given to Ocwen by the Trust Administrator or to the Trust
      Administrator by any Holders of a Regular Certificate evidencing at least 25%
      of
      the Voting Rights or (B) of actual knowledge of such failure by a Servicing
      Officer of Ocwen; or

     

    (iii)  The
      entry
      against Ocwen of a decree or order by a court or agency or supervisory authority
      having jurisdiction in the premises for the appointment of a trustee,
      conservator, receiver or liquidator in any insolvency, conservatorship,
      receivership, readjustment of debt, marshalling of assets and liabilities or
      similar proceedings, or for the winding up or liquidation of its affairs, and
      the continuance of any such decree or order unstayed and in effect for a period
      of 60 days; 

     

    (iv)  Ocwen
      shall voluntarily go into liquidation, consent to the appointment of a
      conservator or receiver or liquidator or similar person in any insolvency,
      readjustment of debt, marshalling of assets and liabilities or similar
      proceedings of or relating to Ocwen or of or relating to all or substantially
      all of its property; or a decree or order of a court or agency or supervisory
      authority having jurisdiction in the premises for the appointment of a
      conservator, receiver, liquidator or similar person 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 Ocwen and such decree or order shall have remained in
      force
      undischarged, unbonded or unstayed for a period of 60 days; or Ocwen 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)  A
      withdrawal or downgrade of Ocwen rating of Ocwen by Moody’s to “SQ3-” or
      lower;

     

    then,
      and
      in each and every such case, so long as a Servicer Event of Termination shall
      not have been remedied within the applicable grace period, (x) with respect
      solely to clause (i)(A) above, if such Advance is not made by 11:00 A.M., New
      York time, on the Business Day immediately following Servicer Remittance Date
      (provided the Trust Administrator shall give Ocwen notice of such failure to
      advance by 5:00 P.M. New York time on the Servicer Remittance Date), the Trust
      Administrator shall terminate all of the rights and obligations of Ocwen under
      this Agreement, to the extent permitted by law, and in and to the Ocwen Mortgage
      Loans and the proceeds thereof and the Master Servicer or the Trustee
(as
      successor master servicer and servicer),
      or a
      successor servicer appointed in accordance with Section 7.02, shall make such
      Advance in accordance with Section 4.04 and assume, pursuant to Section 7.02,
      the duties of a successor Servicer and (y) in the case of (i)(B), (ii), (iii),
      (iv) and (v) above, the Trust Administrator shall, at the direction of the
      Holders of each Class of Regular Certificates evidencing Percentage Interests
      aggregating not less than 51%, by notice then given in writing to Ocwen (and
      to
      the Trust Administrator if given by Holders of Certificates), terminate all
      of
      the rights and obligations of Ocwen as servicer under this Agreement. Any such
      notice to Ocwen shall also be given to each Rating Agency, the Depositor and
      Ocwen. On or after the receipt by Ocwen (and by the Trustee if such notice
      is
      given by the Holders) of such written notice, all authority and power of Ocwen
      under this Agreement, whether with respect to the Certificates or the Ocwen
      Mortgage Loans or otherwise, shall pass to and be vested in the Trustee pursuant
      to and under this Section; and, without limitation, and the Master Servicer
      and
      the Trustee are hereby authorized and empowered to execute and deliver, on
      behalf of Ocwen, 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 of each Ocwen Mortgage Loan and related
      documents or otherwise. Ocwen agrees to cooperate with the Master Servicer
      and
      the Trustee (or the applicable successor servicer) in effecting the termination
      of the responsibilities and rights of Ocwen hereunder, including, without
      limitation, the delivery to the Master Servicer and the Trustee (as successor
      master servicer and servicer) of all documents and records requested by it
      to
      enable it to assume Ocwen’s functions under this Agreement within ten Business
      Days subsequent to such notice, the transfer within one Business Day subsequent
      to such notice to the Trustee (or the applicable successor Servicer) for the
      administration by it of all cash amounts that shall at the time be held by
      Ocwen
      and to be deposited by it in the Collection Account, the Distribution Account,
      any REO Account or any Servicing Account or that have been deposited by Ocwen
      in
      such accounts or thereafter serviced by Ocwen with respect to the Ocwen Mortgage
      Loans or any REO Property received by Ocwen (provided, however, that Ocwen
      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, whether in respect of
      Advances, Servicing Advances, accrued Servicing Fees or otherwise, and shall
      continue to be entitled to the benefits of Section 6.03, notwithstanding any
      such termination, with respect to events occurring prior to such termination).
      All reasonable costs and expenses (including attorneys’ fees) incurred in
      connection with transferring the Mortgage Files to the successor Servicer and
      amending this Agreement to reflect such succession as Servicer pursuant to
      this
      Section shall be paid by the predecessor Servicer (or if the predecessor
      Servicer is the Trustee, the initial Servicer) upon presentation of reasonable
      documentation of such costs and expenses and to the extent not paid by Ocwen,
      by
      the Trust. 

     

    (b)  “Master
      Servicer Event of Termination,” wherever used herein, means any one of the
      following events:

     

    (1)  the
      Master Servicer fails to cause to be deposited in the Distribution Account
      any
      amount so required to be deposited pursuant to this Agreement (other than an
      Advance), and such failure continues unremedied for a period of three Business
      Days after the date upon which written notice of such failure, requiring the
      same to be remedied, shall have been given to the Master Servicer;
      or

     

    (2)  the
      Master Servicer fails to observe or perform in any material respect any other
      material covenants and agreements set forth in this Agreement to be performed
      by
      it, which covenants and agreements materially affect the rights of
      Certificateholders, and such failure continues unremedied for a period of 60
      days after the date on which written notice of such failure, properly requiring
      the same to be remedied, shall have been given to the Master Servicer by the
      Trustee or to the Master Servicer and the Trustee by the Holders of Certificates
      evidencing not less than 25% of the Voting Rights; or

     

    (3)  there
      is
      entered against the Master Servicer a decree or order by a court or agency
      or
      supervisory authority having jurisdiction in the premises for the appointment
      of
      a conservator, receiver or liquidator in any insolvency, readjustment of debt,
      marshaling of assets and liabilities or similar proceedings, or for the winding
      up or liquidation of its affairs, and the continuance of any such decree or
      order is unstayed and in effect for a period of 60 consecutive days, or an
      involuntary case is commenced against the Master Servicer under any applicable
      insolvency or reorganization statute and the petition is not dismissed within
      60
      days after the commencement of the case; or

     

    (4)  the
      Master Servicer consents to the appointment of a conservator or receiver or
      liquidator in any insolvency, readjustment of debt, marshaling of assets and
      liabilities or similar proceedings of or relating to the Master Servicer or
      substantially all of its property; or the Master Servicer admits in writing
      its
      inability to pay its debts generally as they become due, files a petition to
      take advantage of any applicable insolvency or reorganization statute, makes
      an
      assignment for the benefit of its creditors, or voluntarily suspends payment
      of
      its obligations; or

     

    (5)  the
      Master Servicer assigns or delegates its duties or rights under this Agreement
      in contravention of the provisions permitting such assignment or delegation
      under Section 6.05; or

     

    (6)  any
      failure of the Master Servicer to make any Advance (other than a Nonrecoverable
      Advance) required to be made from its own funds pursuant to Section 4.03 by
      5:00 p.m. New York time on the Business Day prior to the applicable Distribution
      Date.

     

    In
      each
      and every such case, so long as such Master Servicer Event of Termination with
      respect to the Master Servicer shall not have been remedied, either the Trustee
      or the Holders of Certificates evidencing not less than 51% of the Voting
      Rights, by notice in writing to the Depositor, the Master Servicer (and to
      the
      Trustee if given by such Certificateholders), with a copy to the Rating Agencies
      and the Credit Risk Manager, may terminate all of the rights and obligations
      (but not the liabilities) of the Master Servicer under this Agreement and in
      and
      to the Mortgage Loans and/or the REO Property master serviced by the Master
      Servicer and the proceeds thereof. Upon the receipt by the Master Servicer
      of
      the written notice, all authority and power of the Master Servicer under this
      Agreement, whether with respect to the Certificates, the Mortgage Loans, REO
      Property or under any other related agreements (but only to the extent that
      such
      other agreements relate to the Mortgage Loans or related REO Property) shall,
      subject to Section 7.03, automatically and without further action pass to
      and be vested in the Trustee(as successor master servicer and servicer) pursuant
      to this Section 7.01(b); and, without limitation, the Trustee (as successor
      master servicer and servicer) is hereby authorized and empowered to execute
      and
      deliver, on behalf of the 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
      the Mortgage Loans and related documents, or otherwise. The Master Servicer
      agrees to cooperate with the Trustee in effecting the termination of the Master
      Servicer’s rights and obligations hereunder, including, without limitation, the
      transfer to the Trustee of (i) the property and amounts which are then or should
      be part of the Trust Fund or which thereafter become part of the Trust Fund;
      and
      (ii) originals or copies of all documents of the Master Servicer reasonably
      requested by the Trustee to enable it to assume the Master Servicer’s duties
      thereunder. In addition to any other amounts which are then, or, notwithstanding
      the termination of its activities under this Agreement, may become payable
      to
      the Master Servicer under this Agreement, the Master Servicer shall be entitled
      to receive, out of any amount received on account of a Mortgage Loan or related
      REO Property, that portion of such payments which it would have received as
      reimbursement under this Agreement if notice of termination had not been given.
      The termination of the rights and obligations of the Master Servicer shall
      not
      affect any obligations incurred by the Master Servicer prior to such
      termination.

     

    Notwithstanding
      the foregoing, if a Master Servicer Event of Termination described in clause
      (6)
      of this Section 7.01(b) 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 (as successor master servicer) act as provided
      in Section 7.03 to carry out the duties of the Master Servicer, including
      the obligation to make any Advance the nonpayment of which was a Master Servicer
      Event of Termination described in clause (6) of this Section 7.01(b). Any
      such action taken by the Trustee or the Trust Administrator must be prior to
      the
      distribution on the relevant Distribution Date. 

     

    
      	SECTION
              7.02  	
              Master
                Servicer or Trustee to Act; Appointment of Successor
                Servicer.

            

    

     

    (c)  Within
      90
      days of the time Ocwen (and the Trustee, if notice is sent by the Holders)
      receives a notice of termination pursuant to Section 7.01 or 6.04, the Master
      Servicer shall be the successor in all respects to Ocwen in its capacity as
      servicer under this Agreement and the transactions set forth or provided for
      herein and shall be subject to all the responsibilities, duties and liabilities
      relating thereto placed on Ocwen by the terms and provisions hereof arising
      on
      and after its succession. Notwithstanding
      the foregoing, the parties hereto agree that the Master Servicer, in its
      capacity as successor Servicer, immediately will assume all of the obligations
      of Ocwen (or to the extent of a failure to make a required advance under any
      other Servicing Agreement, will assume the obligations of the related Servicer)
      to make Advances. Notwithstanding
      the foregoing, the Master Servicer, in its capacity as successor Servicer,
      shall
      not be responsible for the lack of information and/or documents that it cannot
      obtain through reasonable efforts. As compensation therefor, the Master Servicer
      shall be entitled to such compensation as Ocwen would have been entitled to
      hereunder if no such notice of termination had been given. Notwithstanding
      the
      above, (i) if the Master Servicer is unwilling to act as successor Servicer
      or
      (ii) if the Master Servicer is legally unable so to act, the Master Servicer
      shall appoint or petition a court of competent jurisdiction to appoint, any
      established housing and home finance institution, bank or other mortgage loan
      or
      home equity loan servicer having a net worth of not less than $50,000,000 as
      the
      successor to Ocwen hereunder in the assumption of all or any part of the
      responsibilities, duties or liabilities of Ocwen hereunder; provided, that
      the
      appointment of any such successor Servicer will not result in the qualification,
      reduction or withdrawal of the ratings assigned to the Certificates by the
      Rating Agencies as evidenced by a letter to such effect from the Rating
      Agencies. Pending appointment of a successor to Ocwen hereunder, the Master
      Servicer or the Trustee shall act in such capacity as hereinabove provided.
      In
      connection with such appointment and assumption, the successor shall be entitled
      to receive compensation out of payments on Ocwen Mortgage Loans in an amount
      equal to the compensation which Ocwen would otherwise have received pursuant
      to
      Section 3.18 (or such other compensation as the Master Servicer and such
      successor shall agree, not to exceed the Servicing Fee). The appointment of
      a
      successor Servicer shall not affect any liability of the predecessor Servicer
      which may have arisen under this Agreement prior to its termination as Servicer
      to pay any deductible under an insurance policy pursuant to Section 3.14 or
      to
      reimburse the Master Servicer or Trustee pursuant to Section 3.06), nor shall
      any successor Servicer be liable for any acts or omissions of the predecessor
      Servicer or for any breach by such Servicer of any of its representations or
      warranties contained herein or in any related document or agreement. The Master
      Servicer or the Trustee and such successor shall take such action, consistent
      with this Agreement, as shall be necessary to effectuate any such succession.
      All Servicing Transfer Costs shall be paid by the predecessor Servicer upon
      presentation of reasonable documentation of such costs, and if such predecessor
      Servicer defaults in its obligation to pay such costs, such costs shall be
      paid
      by the successor Servicer, the Master Servicer or the Trustee (in which case
      the
      successor Servicer, the Master Servicer or the Trustee, as applicable, shall
      be
      entitled to reimbursement therefor from the assets of the Trust).

     

    (d)  Any
      successor to Ocwen, including the Master Servicer, shall during the term of
      its
      service as servicer continue to service and administer the Ocwen Mortgage Loans
      for the benefit of Certificateholders, and maintain in force a policy or
      policies of insurance covering errors and omissions in the performance of its
      obligations as Servicer hereunder and a fidelity bond in respect of its
      officers, employees and agents to the same extent as Ocwen is so required
      pursuant to Section 3.14.

     

    (e)  In
      connection with the resignation, removal or expiration of the term of Ocwen
      hereunder, or in connection with the resignation or removal of any successor
      to
      Ocwen (or any other successor to Ocwen appointed hereunder) acting as successor
      Servicer hereunder, either (i) the successor Servicer, (or any other successor
      to Ocwen appointed hereunder) acting as successor Servicer hereunder, shall
      represent and warrant that it is a member of MERS in good standing and shall
      agree to comply in all material respects with the rules and procedures of MERS
      in connection with the servicing of the Ocwen Mortgage Loans that are registered
      with MERS, in which case the predecessor Servicer shall cooperate with the
      successor Servicer in causing MERS to revise its records to reflect the transfer
      of servicing to the successor Servicer as necessary under MERS’ rules and
      regulations or (ii) the predecessor Servicer shall cooperate with the successor
      Servicer in causing MERS to execute and deliver an assignment of Mortgage in
      recordable form to transfer the Mortgage from MERS to the Master Servicer or
      the
      Trustee and to execute and deliver such other notices, documents and other
      instruments as may be necessary or desirable to effect a transfer of such
      Mortgage Loan or servicing of such Mortgage Loan on the MERS® System to the
      successor Servicer. The predecessor Servicer shall file or cause to be filed any
      such assignment in the appropriate recording office. The predecessor Servicer
      shall bear any and all fees of MERS, costs of preparing any assignments of
      Mortgage, and fees and costs of filing any assignments of Mortgage that may
      be
      required under this paragraph. 

     

    
      	SECTION
              7.03  	
              Trustee
                to Act; Appointment of Successor Master
                Servicer.

            

    

     

    (a)  Upon
      the
      receipt by the Master Servicer of a notice of termination pursuant to
      Section 7.01(b) or an Opinion of Counsel rendered by Independent counsel
      pursuant to Section 6.05(b) to the effect that the Master Servicer is
      legally unable to act or to delegate its duties to a Person which is legally
      able to act, the Trustee shall automatically become the successor in all
      respects to the Master Servicer in its capacity under this Agreement and the
      transactions set forth or provided for herein and shall thereafter be subject
      to
      all the responsibilities, duties, liabilities and limitations on liabilities
      relating thereto placed on the Master Servicer by the terms and provisions
      hereof; provided, however, that the Trustee (i) shall have no obligation
      whatsoever with respect to any liability (other than Advances deemed recoverable
      and not previously made) incurred by the Master Servicer at or prior to the
      time
      of termination and (ii) shall not be obligated to perform any obligation of
      the
      Master Servicer under Section 3.20 or 3.21 with respect to any period of time
      during which the Trustee was not the Master Servicer. As compensation therefor,
      but subject to Section 6.05, the Trustee shall be entitled to compensation
      which the Master Servicer would have been entitled to retain if the Master
      Servicer had continued to act hereunder, except for those amounts due the Master
      Servicer as reimbursement permitted under this Agreement for advances previously
      made or expenses previously incurred. Notwithstanding the above, the Trustee
      may, if it shall be unwilling so to act, or shall, if it is legally unable
      so to
      act, appoint or petition a court of competent jurisdiction to appoint, any
      established housing and home finance institution which is a Fannie Mae- or
      Freddie Mac-approved servicer, and with respect to a successor to the Master
      Servicer only, having a net worth of not less than $10,000,000, 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;
      provided, that the Depositor shall obtain consent and a letter or other evidence
      each Rating Agency that the ratings, if any, on each of the Certificates will
      not be lowered as a result of the selection of the successor to the Master
      Servicer. Pending appointment of a successor to the Master Servicer hereunder,
      the Trustee 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 as
      it
      and such successor shall agree; provided, however, that the provisions of
      Section 6.05 shall apply, the compensation shall not be in excess of that
      which the Master Servicer would have been entitled to if the Master Servicer
      had
      continued to act hereunder, and that such successor shall undertake and assume
      the obligations of the Trustee to pay compensation to any third Person acting
      as
      an agent or independent contractor in the performance of master servicing
      responsibilities hereunder. The Trustee and such successor shall take such
      action, consistent with this Agreement, as shall be necessary to effectuate
      any
      such succession.

     

    If
      the
      Master Servicer and the Trust Administrator are the same entity, then at any
      time the Master Servicer resigns or is removed as Master Servicer, the Trust
      Administrator shall also be removed hereunder. All reasonable Master Servicing
      Transfer Costs shall be paid by the predecessor Master Servicer (or, if the
      Trustee is the predecessor master servicer, the Trust Fund) upon presentation
      of
      reasonable documentation of such costs, and if such predecessor Master Servicer
      defaults in its obligation to pay such costs, such costs shall be paid by the
      successor Master Servicer or the Trustee (in which case the successor Master
      Servicer or the Trustee, as applicable, shall be entitled to reimbursement
      therefor from the assets of the Trust Fund).

     

    If
      the
      Trustee shall succeed to any duties of the Master Servicer respecting the
      Mortgage Loans as provided herein, it shall do so in a separate capacity and
      not
      in its capacity as Trustee and, accordingly, the provisions of Article VIII
      shall be inapplicable to the Trustee in its duties as the successor to the
      Master Servicer in the master servicing of the Mortgage Loans (although such
      provisions shall continue to apply to the Trustee in its capacity as Trustee);
      the provisions of Article VI, however, shall apply to it in its capacity as
      successor Master Servicer.

     

    
      	SECTION
              7.04  	
              Waiver
                of Defaults.

            

    

     

    The
      Majority Certificateholders may, on behalf of all Certificateholders, waive
      any
      events permitting removal of Ocwen as servicer pursuant to this Article VII,
      provided, however, that the Majority Certificateholders may not waive a default
      in making a required distribution on a Certificate without the consent of the
      Holder of such Certificate. Upon any waiver of a past default, such default
      shall cease to exist and any Master Servicer Event of Termination 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 thereto except to the extent expressly so waived.
      Notice of any such waiver shall be given by the Trust Administrator or the
      Trustee, as applicable, to the Rating Agencies.

     

    
      	SECTION
              7.05  	
              Notification
                to Certificateholders.

            

    

     

    (a)  Upon
      any
      termination or appointment of a successor to Ocwen or the Master Servicer
      pursuant to this Article VII or Section 6.04, the Trust Administrator, or in
      the
      event of the termination of the Master Servicer, the Trustee (or such other
      trust administrator) shall give prompt written notice thereof to the
      Certificateholders at their respective addresses appearing in the Certificate
      Register and each Rating Agency.

     

    (b)  No
      later
      than 60 days after the occurrence of any event which constitutes or which,
      with
      notice or a lapse of time or both, would constitute a Servicer Event of
      Termination or a Master Servicer Event of Termination for five Business Days
      after a Responsible Officer of the Trust Administrator (in the case of a
      Servicer Event of Termination) or the Trustee (in the case of a Master Servicer
      Event of Termination) becomes aware of the occurrence of such an event, the
      Trust Administrator or Trustee, as applicable, shall transmit by mail to the
      Credit
      Risk Manager
      and all
      Certificateholders notice of such occurrence unless such default, Servicer
      Event
      of Termination or Master Servicer Event of Termination shall have been waived
      or
      cured.

     

    
      	SECTION
              7.06  	
              Survivability
                of Servicer and Master Servicer
                Liabilities.

            

    

     

    Notwithstanding
      anything herein to the contrary, upon termination of Ocwen or the Master
      Servicer hereunder, any liabilities of Ocwen or the Master Servicer, as
      applicable, which accrued prior to such termination shall survive such
      termination.

     

     

     

    ARTICLE
      VIII

     

    THE
      TRUSTEE AND THE TRUST ADMINISTRATOR

     

    
      	SECTION
              8.01  	
              Duties
                of Trustee and Trust Administrator.

            

    

     

    The
      Trustee and the Trust Administrator, prior to the occurrence of a Servicer
      Event
      of Termination or Master Servicer Event of Termination and after the curing
      of
      all Servicer Events of Termination or Master Servicer Events of Termination
      which may have occurred, undertakes to perform such duties and only such duties
      as are specifically set forth in this Agreement. If a Servicer Event of
      Termination or Master Servicer Event of Termination has occurred (which has
      not
      been cured) of which a Responsible Officer has knowledge, each of the Trustee
      and the Trust Administrator 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 man would exercise or use under the circumstances in
      the
      conduct of his own affairs.

     

    Each
      of
      the Trustee and the Trust 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; provided, however,
      that neither the Trustee nor the Trust Administrator will be responsible for
      the
      accuracy or content of any such resolutions, certificates, statements, opinions,
      reports, documents or other instruments. If any such instrument is found not
      to
      conform to the requirements of this Agreement in a material manner the Trustee
      or the Trust Administrator, as applicable, shall take such action as it deems
      appropriate to have the instrument corrected, and if the instrument is not
      corrected to the Trustee’s or the Trust Administrator’s satisfaction, the
      Trustee or the Trust Administrator, as applicable, will provide notice thereof
      to the Certificateholders.

     

    No
      provision of this Agreement shall be construed to relieve the Trustee or the
      Trust 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 Event of Termination or Master Servicer Event
      of
      Termination, and after the curing of all such Servicer Events of Termination
      or
      Master Servicer Events of Termination which may have occurred, the duties and
      obligations of the Trustee and the Trust Administrator shall be determined
      solely by the express provisions of this Agreement, the Trustee and the Trust
      Administrator shall not be liable except for the performance of such 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 Trust Administrator and, in the absence of bad faith on the part of
      the
      Trustee or the Trust Administrator, as applicable, the Trustee or the Trust
      Administrator, as applicable, 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 or the Trust Administrator,
      as
      the case may be, and conforming to the requirements of this
      Agreement;

     

    (ii)  neither
      the Trustee nor the Trust Administrator shall be personally liable for an error
      of judgment made in good faith by a Responsible Officer of the Trustee or the
      Trust Administrator, as applicable, unless it shall be proved that the Trustee
      or the Trust Administrator, as the case may be, was negligent in ascertaining
      the pertinent facts; 

     

    (iii)  neither
      the Trustee nor the Trust Administrator shall be personally liable with respect
      to any action taken, suffered or omitted to be taken by it in good faith in
      accordance with the direction of the Majority Certificateholders relating to
      the
      time, method and place of conducting any proceeding for any remedy available
      to
      the Trustee or the Trust Administrator, as applicable, or exercising or omitting
      to exercise any trust or power conferred upon the Trustee, under this Agreement;
      and

     

    (iv)  the
      Trustee shall not be charged with knowledge of any failure by Ocwen to comply
      with the obligations of Ocwen referred to in clauses (i) and (ii) of Section
      7.01(a) or of the existence of any Servicer Event of Termination unless a
      Responsible Officer of the Trustee at the Corporate Trust Office obtains actual
      knowledge of such failure or the Trustee receives written notice of such failure
      from the Depositor, Ocwen or the Majority Certificateholders.

     

    Neither
      the Trustee nor the Trust Administrator shall 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 under this Agreement, except
      during such time, if any, as the Trustee shall be the successor to, and be
      vested with the rights, duties, powers and privileges of, the Master Servicer
      in
      accordance with the terms of this Agreement.

     

    
      	SECTION
              8.02  	
              Certain
                Matters Affecting the Trustee and the Trust
                Administrator.

            

    

     

    (a)  Except
      as
      otherwise provided in Section 8.01:

     

    (i)  either
      the Trustee or the Trust Administrator may request and rely upon, and shall
      be
      protected in acting or refraining from acting upon, any resolution, Officers’
Certificate, certificate of auditors or any other certificate, statement,
      instrument, opinion, report, notice, request, consent, order, appraisal, bond
      or
      other paper or document reasonably believed by it to be genuine and to have
      been
      signed or presented by the proper party or parties, and the manner of obtaining
      consents and of evidencing the authorization of the execution thereof by
      Certificateholders shall be subject to such reasonable regulations as the
      Trustee or the Trust Administrator may prescribe;

     

    (ii)  either
      the Trustee or the Trust Administrator may consult with counsel and any Opinion
      of Counsel shall be full and complete authorization and protection in respect
      of
      any action taken or suffered or omitted by it hereunder in good faith and in
      accordance with such Opinion of Counsel;

     

    (iii)  neither
      the Trustee nor the Trust Administrator shall be under any obligation to
      exercise any of the rights or powers vested in it by 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 Trust Administrator, as applicable, reasonable
      security or indemnity against the costs, expenses and liabilities which may
      be
      incurred therein or thereby; the right of the Trustee or the Trust Administrator
      to perform any discretionary act enumerated in this Agreement shall not be
      construed as a duty, and neither the Trustee nor the Trust Administrator shall
      be answerable for other than its negligence or willful misconduct in the
      performance of any such act;

     

    (iv)  neither
      the Trustee nor the Trust Administrator shall be personally liable 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 Event of Termination or Master Servicer Event
      of
      Termination and after the curing of all Servicer Events of Termination or Master
      Servicer Events of Termination which may have occurred, neither the Trustee
      nor
      the Trust 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 documents, unless requested in writing to do so by the Majority
      Certificateholder; provided, however, that if the payment within a reasonable
      time to the Trustee or the Trust Administrator, as applicable, 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 Trust Administrator,
      as
      applicable, not reasonably assured to the Trustee or the Trust Administrator,
      as
      applicable, by the security afforded to it by the terms of this Agreement,
      the
      Trustee or the Trust Administrator, as applicable, may require reasonable
      indemnity against such cost, expense or liability as a condition to such
      proceeding. The reasonable expense of every such examination shall be paid
      by
      the related Servicer or, if paid by the Trustee or the Trust Administrator,
      as
      applicable, shall be reimbursed by the related Servicer upon demand and, if
      not
      reimbursed by the related Servicer, shall be reimbursed by the Trust. Nothing
      in
      this clause (v) shall derogate from the obligation of the related Servicer
      to
      observe any applicable law prohibiting disclosure of information regarding
      the
      Mortgagors;

     

    (vi)  the
      Trustee or the Trust Administrator shall not be accountable, shall have no
      liability and make no representation as to any acts or omissions hereunder
      of
      Ocwen until such time as the Trustee may be required to act as Servicer pursuant
      to Section 7.02 and thereupon only for the acts or omissions of the Trustee
      as
      successor Servicer;

     

    (vii)  the
      Trustee or the Trust Administrator may execute any of the trusts or powers
      hereunder or perform any duties hereunder either directly or by or through
      agents or attorneys, custodians or nominees;

     

    (viii)  the
      right
      of the Trustee or the Trust Administrator to perform any discretionary act
      enumerated in this Agreement shall not be construed as a duty, and the Trustee
      shall not be answerable for other than its negligence or willful misconduct
      in
      the performance of such act; 

     

    (ix)  neither
      the Trustee nor the Trust Administrator shall be personally liable for any
      loss
      resulting from the investment of funds held in the Collection Account or the
      REO
      Account made at the direction of Ocwen pursuant to Section 3.12;
      and

     

    (x)  the
      Trustee or the Trust Administrator or its Affiliates are permitted to receive
      compensation that could be deemed to be in the Trustee’s or the Trust
      Administrator’s economic self-interest for (i) serving as investment adviser,
      administrator, shareholder, servicing agent, custodian or sub-custodian with
      respect to certain of the Permitted Investments, (ii) using Affiliates to effect
      transactions in certain Permitted Investments and (iii) effecting transactions
      in certain Permitted Investments. Such compensation shall not be considered
      an
      amount that is reimbursable or payable pursuant to Section 3.11. 

     

    In
      order
      to comply with laws, rules, regulations and executive orders in effect from
      time
      to time applicable to banking institutions, including those relating to the
      funding of terrorist activities and money laundering (“Applicable Law”), the
      Trustee is required to obtain, verify and record certain information relating
      to
      individuals and entities which maintain a business relationship with the
      Trustee. Accordingly, each of the parties agrees to provide to the Trustee
      upon
      its request from time to time such identifying information and documentation
      as
      may be available for such party in order to enable the Trustee to comply with
      Applicable Law.

     

    
      	SECTION
              8.03  	
              Trustee
                and Trust Administrator Not Liable for Certificates or Mortgage
                Loans.

            

    

     

    The
      recitals contained herein and in the Certificates (other than, with respect
      to
      the Trust Administrator, the authentication of the Trust Administrator on the
      Certificates) shall be taken as the statements of the Depositor, and neither
      the
      Trustee nor the Trust Administrator assumes responsibility for the correctness
      of the same. Neither the Trustee nor the Trust Administrator makes any
      representations as to the validity or sufficiency of this Agreement or of the
      Certificates (other than, with respect to the Trust Administrator, the signature
      and authentication of the Trust Administrator on the Certificates) or of any
      Mortgage Loan or related document or MERS or the MERS® System other than, with
      respect to the Trust Administrator, the Trust Administrator’s execution and
      authentication of the Certificates. Neither the Trustee nor the Trust
      Administrator shall be accountable for the use or application by a Servicer,
      or
      for the use or application of any funds paid to a Servicer in respect of the
      Mortgage Loans or deposited in or withdrawn from the Collection Account or
      the
      related Custodial Account by the related Servicer. The Trustee and the Trust
      Administrator shall at no 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 or its ability to generate the payments to be distributed to
      Certificateholders under this Agreement, including, without limitation: the
      existence, condition and ownership of any Mortgaged Property; the existence
      and
      enforceability of any hazard insurance thereon; the validity of the assignment
      of any Mortgage Loan to the Trustee or of any intervening assignment; the
      completeness of any Mortgage Loan; the performance or enforcement of any
      Mortgage Loan; the compliance by the Depositor, the Originator, the Seller
      or
      Ocwen with any warranty or representation made under this Agreement or in any
      related document or the accuracy of any such warranty or representation prior
      to
      the Trustee’s receipt of notice or other discovery of any non-compliance
      therewith or any breach thereof; any investment of monies by or at the direction
      of Ocwen or any loss resulting therefrom, it being understood that the Trust
      Administrator shall remain responsible for any Trust property that it may hold
      in its individual capacity; the acts or omissions of any of Ocwen (other than
      if
      the Trust Administrator shall assume the duties of Ocwen pursuant to Section
      7.02), any Sub-Servicer or any Mortgagor; any action of Ocwen, or any
      Sub-Servicer taken in the name of the Trust Administrator; the failure of a
      Servicer or any Sub-Servicer to act or perform any duties required of it as
      agent of the Trust Administrator hereunder; or any action by the Trust
      Administrator taken at the instruction of Ocwen; provided, however, that the
      foregoing shall not relieve the Trustee of its obligation to perform its duties
      under this Agreement, including, without limitation, the Trustee’s duty to
      review the Mortgage Files pursuant to Section 2.01. Neither the Trust
      Administrator nor the Trustee shall have responsibility 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 (unless the Trustee shall have become the successor
      Servicer).

     

    
      	SECTION
              8.04  	
              Trustee
                and Trust Administrator May Own
                Certificates.

            

    

     

    The
      Trustee and the Trust Administrator in its individual or any other capacity
      may
      become the owner or pledgee of Certificates with the same rights as it would
      have if it were not Trustee or Trust Administrator may transact any banking
      and
      trust business with the Originator, any Servicer, the Depositor or their
      Affiliates.

     

    
      	SECTION
              8.05  	
              Trust
                Administrator and Trustee Compensation and
                Expenses.

            

    

     

    (a)  The
      Trustee will be paid by the Master Servicer pursuant to a side letter between
      each other. 

     

    (b)  The
      Trustee, the Trust Administrator or any director, officer, employee or agent
      of
      any of them, shall be indemnified by the Trust Fund and held harmless against
      any loss, liability or expense (not including expenses and disbursements
      incurred or made by the Trustee or the Trust Administrator, including the
      compensation and the expenses and disbursements of its agents and counsel,
      in
      the ordinary course of the Trustee’s or the Trust Administrator’s performance in
      accordance with the provisions of this Agreement) incurred by the Trustee or
      by
      the Trust Administrator arising out of or in connection with the acceptance
      or
      administration of the obligations and duties of the Trustee or the Trust
      Administrator under this Agreement, other than any loss, liability or expense
      (i) resulting from a breach of Ocwen’s or the Master Servicer’s obligations and
      duties under this Agreement for which the Trustee or the Trust Administrator,
      as
      applicable, is indemnified under Section 8.05(b) or (ii) any loss, liability
      or
      expense incurred by reason of willful misfeasance, bad faith or negligence
      of
      the Trustee or of the Trust Administrator, as applicable, in the performance
      of
      its duties hereunder or by reason of the Trustee’s or the Trust Administrator’s,
      as applicable, reckless disregard of obligations and duties hereunder or as
      a
      result of a breach of the Trustee’s or the Trust Administrator’s, as applicable,
      obligations under Article X hereof. Any amounts payable to the Trustee, the
      Trust Administrator or any director, officer, employee or agent of the Trustee
      or the Trust Administrator, in respect of the indemnification provided by this
      Section 8.05, or pursuant to any other right of reimbursement from the Trust
      Fund that the Trustee, the Trust Administrator or any director, officer,
      employee or agent of the Trustee or the Trust Administrator, may have hereunder
      in its capacity as such, may be withdrawn by the Trust Administrator from the
      Distribution Account at any time. The foregoing indemnity shall survive the
      resignation or removal of the Trustee or the Trust Administrator.

     

    
      	SECTION
              8.06  	
              Eligibility
                Requirements for Trustee and Trust
                Administrator.

            

    

     

    Each
      of
      the Trustee and the Trust Administrator hereunder shall at all times be an
      entity duly organized and validly existing under the laws of the United States
      of America or any state thereof, authorized under such laws to exercise
      corporate trust powers, having a combined capital and surplus of at least
      $50,000,000 and subject to supervision or examination by federal or state
      authority. If such entity 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 8.06, the combined capital
      and
      surplus of such entity shall be deemed to be its combined capital and surplus
      as
      set forth in its most recent report of condition so published. The principal
      offices of each of the Trustee and the Trust Administrator (other than the
      initial Trustee and initial Trust Administrator) shall be in a state with
      respect to which an Opinion of Counsel has been delivered to such Trustee or
      Trust Administrator, as applicable, at the time such Trustee or Trust
      Administrator, as applicable, is appointed Trustee or Trust Administrator,
      as
      applicable, to the effect that the Trust will not be a taxable entity under
      the
      laws of such state. In case at any time the Trustee or the Trust Administrator
      shall cease to be eligible in accordance with the provisions of this Section
      8.06, the Trustee or the Trust Administrator, as applicable, shall resign
      immediately in the manner and with the effect specified in Section
      8.07.

     

    
      	SECTION
              8.07  	
              Resignation
                or Removal of Trustee or Trust
                Administrator.

            

    

     

    The
      Trustee or the Trust Administrator may at any time resign and be discharged
      from
      the trusts hereby created by giving written notice thereof to the Depositor,
      the
      Servicers, the Master Servicer, each Rating Agency and, if the Trustee is
      resigning, to the Trust Administrator, or, if the Trust Administrator is
      resigning, to the Trustee. Upon receiving such notice of resignation, the
      Depositor shall promptly appoint a successor Trustee or Trust Administrator,
      (which may be the same Person in the event both the Trustee and the Trust
      Administrator resign or are removed) by written instrument, in duplicate, one
      copy of which instrument shall be delivered to the resigning Trustee or Trust
      Administrator, as applicable, and one copy to the successor Trustee or Trust
      Administrator. If no successor Trustee or Trust Administrator, as applicable,
      shall have been so appointed and having accepted appointment within 30 days
      after the giving of such notice of resignation, the resigning Trustee or Trust
      Administrator may petition any court of competent jurisdiction for the
      appointment of a successor Trustee or Trust Administrator, as
      applicable.

     

    If
      the
      Trust Administrator and the Master Servicer are the same entity, then at any
      time the Trust Administrator resigns or is removed as Trust Administrator,
      the
      Master Servicer shall also be removed hereunder. 

     

    If
      at any
      time the Trustee or the Trust Administrator shall cease to be eligible in
      accordance with the provisions of Section 8.06 and shall fail to resign after
      written request therefor by the Depositor (or in the case of the Trust
      Administrator, the Trustee), or if at any time the Trustee or the Trust
      Administrator shall be legally unable to act, or shall be adjudged bankrupt
      or
      insolvent, or a receiver of the Trustee or the Trust Administrator or of its
      property shall be appointed, or any public officer shall take charge or control
      of the Trustee or the Trust Administrator or of its property or affairs for
      the
      purpose of rehabilitation, conservation or liquidation, then the Depositor,
      the
      Servicers or the Master Servicer may remove the Trustee or the Trust
      Administrator, as applicable. If the Depositor, the Servicers or the Master
      Servicer removes the Trustee or the Trust Administrator under the authority
      of
      the immediately preceding sentence, the Depositor shall promptly appoint a
      successor Trustee or Trust Administrator, as applicable, by written instrument,
      in duplicate, one copy of which instrument shall be delivered to the Trustee
      or
      Trust Administrator so removed and one copy to the successor Trustee or Trust
      Administrator.

     

    The
      Majority Certificateholders may at any time remove the Trustee or Trust
      Administrator by written instrument or instruments delivered to the Servicers,
      the Master Servicer, the Depositor, the Trust Administrator and the Trustee;
      the
      Depositor shall thereupon use its best efforts to appoint a successor trustee
      in
      accordance with this Section.

     

    Any
      resignation or removal of the Trustee or Trust Administrator and appointment
      of
      a successor Trustee or Trust Administrator pursuant to any of the provisions
      of
      this Section 8.07 shall not become effective until acceptance of appointment
      by
      the successor trustee as provided in Section 8.08.

     

    Notwithstanding
      anything to the contrary contained herein, the Master Servicer and the Trust
      Administrator shall at all times be the same Person.

     

    
      	SECTION
              8.08  	
              Successor
                Trustee.

            

    

     

    Any
      successor Trustee or Trust Administrator appointed as provided in Section 8.07
      shall execute, acknowledge and deliver to the Depositor, the Servicers, the
      Master Servicer and to its predecessor Trustee or Trust Administrator an
      instrument accepting such appointment hereunder, and thereupon the resignation
      or removal of the predecessor Trustee or Trust Administrator shall become
      effective, and such successor Trustee or Trust 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 like effect
      as
      if originally named as Trustee or Trust Administrator. The Depositor, the Master
      Servicer, the Servicers and the predecessor Trustee or Trust Administrator
      shall
      execute and deliver such instruments and do such other things as may reasonably
      be required for fully and certainly vesting and confirming in the successor
      Trustee Trust Administrator all such rights, powers, duties and
      obligations.

     

    No
      successor Trustee or Trust Administrator shall accept appointment as provided
      in
      this Section 8.08 unless at the time of such acceptance such successor Trustee
      or Trust Administrator shall be eligible under the provisions of Section 8.06
      and the appointment of such successor Trustee or Trust Administrator shall
      not
      result in a downgrading of the Regular Certificates by any Rating Agency, as
      evidenced by a letter from each Rating Agency.

     

    Upon
      acceptance of appointment by a successor Trustee or Trust Administrator as
      provided in this Section 8.08, the successor Trustee or Trust Administrator
      shall mail notice of the appointment of a successor Trustee or Trust
      Administrator hereunder to all Holders of Certificates at their addresses as
      shown in the Certificate Register and to each Rating Agency.

     

    Any
      Person appointed as successor Trust Administrator pursuant to this Agreement
      shall also be required to serve as successor supplemental interest trust trustee
      under the Interest Rate Swap Agreement and
      as
      successor cap trustee under the Interest Rate Cap Agreement.

     

    
      	SECTION
              8.09  	
              Merger
                or Consolidation of Trustee or Trust
                Administrator.

            

    

     

    Any
      entity into which the Trustee or the Trust Administrator may be merged or
      converted or with which it may be consolidated, or any entity resulting from
      any
      merger, conversion or consolidation to which the Trustee or the Trust
      Administrator shall be a party, or any entity succeeding to the business of
      the
      Trustee or Trust Administrator, shall be the successor of the Trustee or the
      Trust Administrator hereunder, as applicable, provided such entity shall be
      eligible under the provisions of Section 8.06 and 8.08, 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.

     

    
      	SECTION
              8.10  	
              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 or
      any
      Mortgaged Property may at the time be located, the Depositor 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, and to vest in such Person
      or Persons, in such capacity and for the benefit of the Certificateholders,
      such
      title to the Trust, or any part thereof, and, subject to the other provisions
      of
      this Section 8.10, such powers, duties, obligations, rights and trusts as the
      Servicers and the Trustee may consider necessary or desirable. Any such
      co-trustee or separate trustee shall be subject to the written approval of
      the
      related Servicer. If the related Servicer shall not have joined in such
      appointment within 15 days after the receipt by it of a request so to do, or
      in
      the case a Servicer Event of Termination 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 8.06, and no notice to Certificateholders
      of the appointment of any co-trustee or separate trustee shall be required
      under
      Section 8.08. The related Servicer shall be responsible for the fees of any
      co-trustee or separate trustee appointed hereunder.

     

    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
      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
      as
      Trustee hereunder or as successor to the 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 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
      related Servicer and the Trustee, acting jointly, may at any time accept the
      resignation of or remove any separate trustee or co-trustee except that
      following the occurrence of a Servicer Event of Termination, the Trustee acting
      alone may accept the resignation 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
      VIII. 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
      Depositor and the related Servicer.

     

    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
              8.11  	
              Limitation
                of Liability.

            

    

     

    The
      Certificates are executed by the Trust Administrator, not in its individual
      capacity but solely as Trust Administrator of the Trust, in the exercise of
      the
      powers and authority conferred and vested in it by this Agreement. Each of
      the
      undertakings and agreements made on the part of the Trust Administrator in
      the
      Certificates is made and intended not as a personal undertaking or agreement
      by
      the Trust Administrator but is made and intended for the purpose of binding
      only
      the Trust.

     

    
      	SECTION
              8.12  	
              Trustee
                May Enforce Claims Without Possession of
                Certificates.

            

    

     

    (a)  All
      rights of action and claims under this Agreement or the Certificates may be
      prosecuted and enforced by the Trustee without the possession of any of the
      Certificates or the production thereof in any proceeding relating thereto,
      and
      such proceeding instituted by the Trustee shall be brought in its own name
      or in
      its capacity as Trustee for the benefit of all Holders of such Certificates,
      subject to the provisions of this Agreement. Any recovery of judgment shall,
      after provision for the payment of the reasonable compensation, expenses,
      disbursement and advances of the Trustee, its agents and counsel, be for the
      ratable benefit of the Certificateholders in respect of which such judgment
      has
      been recovered.

     

    (b)  The
      Trustee shall afford the Seller, the Depositor, each Servicer and each
      Certificateholder upon reasonable prior notice during normal business hours,
      access to all records maintained by the Trustee in respect of its duties
      hereunder and access to officers of the Trustee responsible for performing
      such
      duties. Upon request, the Trustee shall furnish the Depositor, each Servicer
      and
      any requesting Certificateholder with its most recent financial statements.
      The
      Trustee shall cooperate fully with the Seller, each Servicer, the Depositor
      and
      such Certificateholder and shall make available to the Seller, each Servicer,
      the Depositor and such Certificateholder for review and copying such books,
      documents or records as may be requested with respect to the Trustee’s duties
      hereunder. The Seller, the Depositor, each Servicer and the Certificateholders
      shall not have any responsibility or liability for any action or failure to
      act
      by the Trustee and are not obligated to supervise the performance of the Trustee
      under this Agreement or otherwise.

     

    
      	SECTION
              8.13  	
              Suits
                for Enforcement.

            

    

     

    In
      case a
      Servicer Event of Termination or other default by a Servicer or the Depositor
      hereunder or under the related Servicing Agreement shall occur and be
      continuing, the Trustee, shall, at the direction of the Majority
      Certificateholders, or may, proceed to protect and enforce its rights and the
      rights of the Certificateholders under this Agreement by a suit, action or
      proceeding in equity or at law or otherwise, whether for the specific
      performance of any covenant or agreement contained in this Agreement or in
      aid
      of the execution of any power granted in this Agreement or for the enforcement
      of any other legal, equitable or other remedy, as the Trustee, being advised
      by
      counsel, and subject to the foregoing, shall deem most effectual to protect
      and
      enforce any of the rights of the Trustee and the
      Certificateholders.

     

    
      	SECTION
              8.14  	
              Waiver
                of Bond Requirement.

            

    

     

    The
      Trustee shall be relieved of, and each Certificateholder hereby waives, any
      requirement of any jurisdiction in which the Trust, or any part thereof, may
      be
      located that the Trustee post a bond or other surety with any court, agency
      or
      body whatsoever.

     

    
      	SECTION
              8.15  	
              Waiver
                of Inventory, Accounting and Appraisal
                Requirement.

            

    

     

    The
      Trustee shall be relieved of, and each Certificateholder hereby waives, any
      requirement of any jurisdiction in which the Trust, or any part thereof, may
      be
      located that the Trustee file any inventory, accounting or appraisal of the
      Trust with any court, agency or body at any time or in any manner
      whatsoever.

     

    
      	SECTION
              8.16  	
              Appointment
                of the Custodians.

            

    

     

    The
      Trustee shall, at the direction of the Depositor and with the consent of the
      Servicers, appoint the Custodians to hold all or a portion of the Mortgage
      Files. The appointment of the Custodians may at any time be terminated and
      a
      substitute Custodian appointed therefor at the direction of the Depositor to
      the
      Trustee, the consent to which shall not be unreasonably withheld. Each Custodian
      shall be entitled to its fees and expenses in accordance with the related
      Custodial Agreement, which fees and expenses shall be paid to the related
      Custodian from the Trust in accordance with Section 8.05. Subject to Article
      VIII hereof, the Trustee agrees to comply with the terms of each Custodial
      Agreement to which it is a party, which agreement may be amended from time
      to
      time, and shall have the right to enforce the terms and provisions thereof
      against the related Custodian for the benefit of the Certificateholders having
      an interest in any Mortgage File held by such Custodian. Notwithstanding
      anything to the contrary in this Agreement, neither Custodian is an agent of
      the
      Trustee and in no event shall the Trustee be liable for any acts, omission,
      duties, obligations, or liabilities of either Custodian. In no event shall
      the
      appointment of the Custodians pursuant to the Custodial Agreements diminish
      the
      obligations of the Trustee hereunder.

     

     

     

    ARTICLE
      IX

     

    REMIC
      ADMINISTRATION

     

    
      	SECTION
              9.01  	
              REMIC
                Administration.

            

    

     

    (a)  REMIC
      elections as set forth in the Preliminary Statement shall be made by the Trustee
      on Form 1066 or other appropriate federal tax or information return for the
      taxable year ending on the last day of the calendar year in which the
      Certificates are issued. The regular interests and residual interest in each
      REMIC shall be as designated in the Preliminary Statement.

     

    (b)  The
      Closing Date is hereby designated as the “Startup Day” of each REMIC within the
      meaning of section 860G(a)(9) of the Code.

     

    (c)  The
      Trust
      Administrator shall pay any and all expenses relating to any tax audit of any
      REMIC (including, but not limited to, any professional fees or any
      administrative or judicial proceedings with respect to any Trust REMIC that
      involve the Internal Revenue Service or state tax authorities), including the
      expense of obtaining any tax related Opinion of Counsel. The Trust Administrator
      shall be entitled to reimbursement of expenses incurred pursuant to this Section
      9.01(c) to the extent provided in Section 8.05.

     

    (d)  The
      Trust
      Administrator shall prepare, sign and file, all of the REMICs’ federal and state
      tax and information returns (including Form 8811) as the direct representative
      each REMIC created hereunder. The expenses of preparing and filing such returns
      shall be borne by the Trust Administrator.

     

    (e)  The
      Holder of the Class R Certificate at any time holding the largest Percentage
      Interest thereof shall be the “tax matters person” as defined in the REMIC
      Provisions (the related “Tax Matters Person”) with respect to REMIC
      1,
      REMIC
      2
      and
      REMIC 3 and shall act as Tax Matters Person for each such REMIC. The Holder
      of
      the Class R-X Certificate at any time holding the largest Percentage Interest
      thereof shall be the Tax Matters Person with respect to REMIC 4,
      REMIC
5
      and
      REMIC 6, and shall act as Tax Matters Person for each such REMIC. The Trust
      Administrator, as agent for the Tax Matters Person, shall perform on behalf
      of
      each REMIC all reporting and other tax compliance duties that are the
      responsibility of such REMIC under the Code, the REMIC Provisions, or other
      compliance guidance issued by the Internal Revenue Service or any state or
      local
      taxing authority. Among its other duties, if required by the Code, the REMIC
      Provisions, or other such guidance, the Trust Administrator, as agent for the
      Tax Matters Person, shall provide (i) to the Treasury or other governmental
      authority such information as is necessary for the application of any tax
      relating to the transfer of a Residual Certificate to any disqualified person
      or
      organization upon reasonable additional compensation and (ii) to the
      Certificateholders such information or reports as are required by the Code
      or
      REMIC Provisions. The Trust Administrator, as agent for the Tax Matters Person,
      shall represent each REMIC 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, enter
      into settlement agreements with any government taxing agency, extend any statute
      of limitations relating to any item of any REMIC and otherwise act on behalf
      of
      any REMIC in relation to any tax matter involving the Trust.

     

    (f)  The
      Trust
      Administrator, the Master Servicer, Ocwen and the Holders of Certificates shall
      not take any action or cause any REMIC to take any action necessary to create
      or
      maintain the status of each REMIC as a REMIC under the REMIC Provisions and
      shall assist each other as necessary to create or maintain such status. None
      of
      the Trustee, the Trust Administrator, Ocwen or the Holder of any Residual
      Certificate shall take any action, cause any REMIC created hereunder to take
      any
      action or fail to take (or fail to cause to be taken) any action that, under
      the
      REMIC Provisions, if taken or not taken, as the case may be, could (i) endanger
      the status of such REMIC as a REMIC or (ii) result in the imposition of a tax
      upon such REMIC (including but not limited to the tax on prohibited transactions
      as defined in Code Section 860F(a)(2) and the tax on prohibited contributions
      set forth on Section 860G(d) of the Code) (either such event, an “Adverse REMIC
      Event”) unless the Trustee, the Trust Administrator and Ocwen have received an
      Opinion of Counsel, (at the expense of the party seeking to take such action)
      to
      the effect that the contemplated action will not endanger such status or result
      in the imposition of such a tax. In addition, prior to taking any action with
      respect to any REMIC created hereunder or the assets therein, or causing such
      REMIC to take any action, which is not expressly permitted under the terms
      of
      this Agreement, any Holder of a Residual Certificate will consult with the
      Trustee, the Trust Administrator and Ocwen, or their respective designees,
      in
      writing, with respect to whether such action could cause an Adverse REMIC Event
      to occur with respect to any REMIC, and no such Person shall take any such
      action or cause any REMIC to take any such action as to which the Trustee,
      the
      Trust Administrator or the Master Servicer has advised it in writing that an
      Adverse REMIC Event could occur.

     

    (g)  Each
      Holder of a Residual Certificate shall pay when due any and all taxes imposed
      on
      each REMIC created hereunder by federal or state governmental authorities.
      To
      the extent that such Trust taxes are not paid by a Residual Certificateholder,
      the Trust Administrator shall pay any remaining REMIC taxes out of current
      or
      future amounts otherwise distributable to the Holder of the Residual Certificate
      in the REMICs or, if no such amounts are available, out of other amounts held
      in
      the Distribution Account, and shall reduce amounts otherwise payable to Holders
      of regular interests in the related REMIC. Subject to the foregoing, in the
      event that a REMIC incurs a state or local tax, including franchise taxes,
      as a
      result of a determination that such REMIC is domiciled in the State of
      California for state tax purposes by virtue of the location of Ocwen, Ocwen
      agrees to pay on behalf of such REMIC when due, any and all state and local
      taxes imposed as a result of such a determination, in the event that the Holder
      of the related Residual Certificate fails to pay such taxes, if any, when
      imposed.

     

    (h)  The
      Trust
      Administrator, as agent for the Tax Matters Person, shall, for federal income
      tax purposes, maintain books and records with respect to each REMIC created
      hereunder on a calendar year and on an accrual basis.

     

    (i)  No
      additional contributions of assets shall be made to any REMIC created hereunder,
      except as expressly provided in this Agreement with respect to eligible
      substitute mortgage loans.

     

    (j)  None
      of
      the Trustee, the Trust Administrator, Ocwen or the Master Servicer shall enter
      into any arrangement by which any REMIC created hereunder will receive a fee
      or
      other compensation for services.

     

    (k)  [Reserved].

     

    (l)  The
      Trust
      Administrator will apply for an Employee Identification Number from the Internal
      Revenue Service via a Form SS-4 or other acceptable method for all tax entities
      and shall complete the Form 8811.

     

    
      	SECTION
              9.02  	
              Prohibited
                Transactions and Activities.

            

    

     

    None
      of
      the Depositor, Ocwen, the Master Servicer, the Trust Administrator or the
      Trustee shall sell, dispose of, or substitute for any of the Mortgage Loans,
      except in a disposition pursuant to (i) the foreclosure of a Mortgage Loan,
      (ii)
      the bankruptcy of the Trust Fund, (iii) the termination of any REMIC created
      hereunder pursuant to Article X of this Agreement, (iv) a substitution pursuant
      to Article II of this Agreement or (v) a repurchase of Mortgage Loans pursuant
      to Article II of this Agreement, nor acquire any assets for any REMIC, nor
      sell
      or dispose of any investments in the Distribution Account for gain, nor accept
      any contributions to either REMIC after the Closing Date, unless it has received
      an Opinion of Counsel (at the expense of the party causing such sale,
      disposition, or substitution) that such disposition, acquisition, substitution,
      or acceptance will not (a) affect adversely the status of any REMIC created
      hereunder as a REMIC or of the interests therein other than the Residual
      Certificates as the regular interests therein, (b) affect the distribution
      of
      interest or principal on the Certificates, (c) result in the encumbrance of
      the
      assets transferred or assigned to the Trust Fund (except pursuant to the
      provisions of this Agreement) or (d) cause any REMIC created hereunder to be
      subject to a tax on prohibited transactions or prohibited contributions pursuant
      to the REMIC Provisions.

     

    
      	SECTION
              9.03  	
              Indemnification
                with Respect to Certain Taxes and Loss of REMIC
                Status.

            

    

     

    (a)  In
      the
      event that any REMIC fails to qualify as a REMIC, loses its status as a REMIC,
      or incurs federal, state or local taxes as a result of a prohibited transaction
      or prohibited contribution under the REMIC Provisions due to the negligent
      performance by Ocwen of its duties and obligations set forth herein, Ocwen
      shall
      indemnify the Trustee, the Master Servicer, the Trust Administrator and the
      Trust Fund against any and all losses, claims, damages, liabilities or expenses
      (“Losses”) resulting from such negligence; provided, however, that Ocwen shall
      not be liable for any such Losses attributable to the action or inaction of
      the
      Master Servicer, the Trustee, the Trust Administrator, the Depositor or the
      Holder of such Residual Certificate, as applicable, nor for any such Losses
      resulting from misinformation provided by the Holder of such Residual
      Certificate on which Ocwen has relied. The foregoing shall not be deemed to
      limit or restrict the rights and remedies of the Holder of such Residual
      Certificate now or hereafter existing at law or in equity. Notwithstanding
      the
      foregoing, however, in no event shall Ocwen 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 negligent performance
      by Ocwen 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). 

     

    (b)  In
      the
      event that any REMIC fails to qualify as a REMIC, loses its status as a REMIC,
      or incurs federal, state or local taxes as a result of a prohibited transaction
      or prohibited contribution under the REMIC Provisions due to the negligent
      performance by the Trust Administrator of its duties and obligations set forth
      herein, the Trust Administrator shall indemnify the Trust Fund against any and
      all Losses resulting from such negligence; provided, however, that the Trust
      Administrator shall not be liable for any such Losses attributable to the action
      or inaction of Ocwen, the Depositor or the Holder of such Residual Certificate,
      as applicable, nor for any such Losses resulting from misinformation provided
      by
      the Holder of such Residual Certificate on which the Trust Administrator has
      relied. The foregoing shall not be deemed to limit or restrict the rights and
      remedies of the Holder of such Residual Certificate now or hereafter existing
      at
      law or in equity. Notwithstanding the foregoing, however, in no event shall
      the
      Trust 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 negligent performance by the Trust 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.

            

    

     

    (a)  The
      respective obligations and responsibilities of Ocwen, the Depositor, the Master
      Servicer, the Trust Administrator and the Trustee created hereby (other than
      the
      obligation of the Trust
      Administrator to
      make
      certain payments to Certificateholders after the final Distribution Date and
      the
      obligation of Ocwen to send certain notices as hereinafter set forth) shall
      terminate upon notice to the Trust Administrator upon the earliest of (i) the
      Distribution Date on which the Certificate Principal Balances of the Regular
      Certificates have been reduced to zero, (ii) the final payment or other
      liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
      by the Terminator of the Mortgage Loans as described below and (iv) the
      Distribution Date in March 2037. Notwithstanding the foregoing, in no event
      shall the trust created hereby continue beyond 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’s, living on the date
      hereof.

     

    Ocwen,
      or
      if Ocwen fails to exercise such option within ten (10) Business Days after
      receipt of notice from the Master Servicer, the Master Servicer (in such
      context, the “Terminator”), may, at its option, terminate this Agreement on any
      date on which the aggregate Stated Principal Balance of the Mortgage Loans
      (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) on such date is equal
      to or less than 10% of the aggregate Stated Principal Balance of the Mortgage
      Loans as of the Cut-off Date by purchasing, on the next succeeding Distribution
      Date, all of the outstanding Mortgage Loans and REO Properties at a price equal
      to the greater of (i) the Stated Principal Balance of the Mortgage Loans (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 the appraised
      value
      of the REO Properties and (ii) fair market value of the Mortgage Loans and
      REO
      Properties (as determined and as agreed upon as of the close of business on
      the
      third Business Day next preceding the date upon which notice of any such
      termination is furnished to the related Certificateholders pursuant to Section
      10.01(c) by (x) the Terminator, (y) the Holders of a majority in Percentage
      Interest in the Class C Certificates and (z) if the Floating Rate Certificates
      will not receive all amounts owed to it as a result of the termination, the
      Trust Administrator, provided that if this clause (z) applies to such
      determination, such determination shall be based solely upon an appraisal
      obtained as provided in the last sentence of this paragraph), plus accrued
      and
      unpaid interest thereon at the weighted average of the Mortgage Rates through
      the end of the Due Period preceding the final Distribution Date plus
      unreimbursed Servicing Advances, Advances, any unpaid Servicing Fees allocable
      to such Mortgage Loans and REO Properties and any accrued and unpaid Net WAC
      Rate Carryover Amounts and any Swap Termination Payment payable to the Swap
      Provider (the “Termination Price”); provided, however, such option may only be
      exercised if the Termination Price is sufficient to result in the payment of
      all
      interest accrued on, as well as amounts necessary to retire the principal
      balance of, each class of notes issued pursuant to the Indenture. If the
      determination of the fair market value of the Mortgage Loans and REO Properties
      shall be required to be made and agreed upon by the Terminator, the Holders
      of a
      majority in Percentage Interest in the Class C Certificates and the Trust
      Administrator as provided in (ii) above, such determination shall be based
      on an
      appraisal of the value of the Mortgage Loans and REO Properties conducted by
      an
      independent appraiser mutually agreed upon by the Terminator, the Holders of
      a
      majority in Percentage Interest in the Class C Certificates and the Trust
      Administrator in their reasonable discretion, and (A) such appraisal shall
      be
      obtained at no expense to the Trustee and (B) the Trust Administrator may
      conclusively rely on, and shall be protected in relying on, such
      appraisal.

     

    By
      acceptance of a Residual Certificate, the Holders of the Residual Certificates
      agree, in connection with any termination hereunder, to assign and transfer
      any
      amounts in excess of par, and to the extent received in respect of such
      termination, to pay any such amounts to the Holders of the Class C
      Certificates.

     

    (a)  In
      connection with any termination pursuant to this Section 10.01: 

     

    (1)  At
      least
      twenty (20) days prior to the latest date on which notice of such optional
      termination is required to be mailed to the Certificateholders, the Terminator
      shall notify in writing (which may be done in electronic format), the Trust
      Administrator, the Master Servicer, the Swap Provider and the Trustee of the
      final Distribution Date on which the Terminator intends to terminate the Trust
      Fund;

     

    (2)  No
      later
      than 4:00 pm (New York City time) four (4) Business Days prior to the final
      Distribution Date specified in the notices required pursuant to Section 10.01,
      the Swap Provider shall notify in writing (in accordance with the applicable
      provisions of the Interest Rate Swap Agreement) (which may be done in electronic
      format) and by phone, the Terminator, the Trust Administrator, the Master
      Servicer and the Trustee of the amount of the Estimated Swap Termination
      Payment; and

     

    (3)  Three
      (3)
      Business Days prior to the final Distribution Date specified in the notices
      required pursuant to Sections 10.01, (x) the Terminator shall, no
      later
      than 1:00 pm (New
      York
      City time) on such day, deliver to the Trust Administrator and the Trust
      Administrator shall deposit funds in the Distribution Account in an amount
      equal
      to the sum of the Termination Price (which shall be based on the Estimated
      Swap
      Termination Payment), and (y) if the Trust Administrator shall have received
      an
      Officer’s Certificate stating that all of the requirements for Optional
      Termination have been met, including without limitation the deposit required
      pursuant to the immediately preceding clause (x) as well as the requirements
      specified in Section 10.01, then the Trust Administrator shall, on the same
      Business Day, provide written notice (which may be done in electronic format)
      to
      the Terminator and the Swap Provider (in accordance with the applicable
      provision of the Interest Rate Swap Agreement) confirming (a) its receipt of
      the
      Termination Price (which shall be based on the Estimated Swap Termination
      Payment), and (b) that all other requirements specified in Section 10.01 have
      been met (the “Optional Termination Notice”). Upon the delivery of the Optional
      Termination Notice by the Trust Administrator pursuant to the preceding
      sentence, (i) the optional termination shall become irrevocable, (ii) the notice
      to Certificateholders of such optional termination provided pursuant to Section
      10.01 shall become unrescindable, (iii) the Swap Provider shall determine the
      Swap Termination Payment in accordance with the Interest Rate Swap Agreement
      (which shall not exceed the Estimated Swap Termination Payment), and (iv) the
      Swap Provider shall provide to the Trust Administrator written notice of the
      amount of the Swap Termination Payment not later than two (2) Business Days
      prior to the final Distribution Date specified in the notices required pursuant
      to Sections 10.01.

     

    Upon
      a
      termination pursuant to this Section 10.01, the Trustee shall assign to the
      Terminator each of the representations and warranties made by the Originator
      and
      the Seller pursuant to the Master Agreement and the Assignment Agreement,
      without recourse, representation or warranty.

     

    In
      connection with any such purchase pursuant to this Section 10.01, the Terminator
      shall deposit in the Distribution Account all amounts then on deposit in the
      Collection Account, which deposit shall be deemed to have occurred immediately
      preceding such purchase.

     

    Any
      such
      purchase shall be accomplished by deposit into the Distribution Account on
      the
      Determination Date before such Distribution Date of the Termination
      Price.

     

    (b)  Notice
      of
      any termination, specifying the Distribution Date (which shall be a date that
      would otherwise be a Distribution Date) upon which the Certificateholders may
      surrender their Certificates to the Trust Administrator for payment of the
      final
      distribution and cancellation, shall be given promptly by the Trust
      Administrator upon the Trust Administrator receiving notice of such date from
      the Terminator, by letter to the Certificateholders mailed not earlier than
      the
      15th
      day and
      not later than the 25th
      day of
      the month next preceding the month of such final distribution specifying (1)
      the
      Distribution Date upon which final distribution of the Certificates will be
      made
      upon presentation and surrender of such Certificates at the office or agency
      of
      the Trust Administrator therein designated, (2) the amount of any such final
      distribution and (3) 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 or agency of the
      Trust Administrator therein specified.

     

    (c)  Upon
      presentation and surrender of the Certificates, the Trust Administrator shall
      cause to be distributed to the Holders of the Certificates on the Distribution
      Date for such final distribution, in proportion to the Percentage Interests
      of
      their respective Class and to the extent that funds are available for such
      purpose, an amount equal to the amount required to be distributed to such
      Holders in accordance with the provisions of Section 4.01 for such Distribution
      Date. By acceptance of the Residual Certificates, the Holders of the Residual
      Certificates agree, in connection with any termination hereunder, to assign
      and
      transfer any amounts in excess of the par value of the Mortgage Loans, and
      to
      the extent received in respect of such termination, to pay any such amounts
      to
      the Holders of the Class C Certificates.

     

    (d)  In
      the
      event that all Certificateholders shall not surrender their Certificates for
      final payment and cancellation on or before such final Distribution Date, the
      Trust Administrator shall promptly following such date cause all funds in the
      Distribution Account not distributed in final distribution to Certificateholders
      to be withdrawn therefrom and credited to the remaining Certificateholders
      by
      depositing such funds in a separate Servicing Account for the benefit of such
      Certificateholders, and the Terminator (if the Terminator has exercised its
      right to purchase the Mortgage Loans) or the Trust Administrator (in any other
      case) 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 nine months after the second notice all the
      Certificates shall not have been surrendered for cancellation, the Residual
      Certificateholders shall be entitled to all unclaimed funds and other assets
      which remain subject hereto, and the Trust Administrator upon transfer of such
      funds shall be discharged of any responsibility for such funds, and the
      Certificateholders shall look to the Residual Certificateholders for
      payment.

     

    
      	SECTION
              10.02  	
              Additional
                Termination Requirements.

            

    

     

    (a)  In
      the
      event that the Terminator exercises its purchase option as provided in Section
      10.01, each REMIC shall be terminated in accordance with the following
      additional requirements, unless the Trust Administrator shall have been
      furnished with an Opinion of Counsel to the effect that the failure of the
      Trust
      to comply with the requirements of this Section will not (i) result in the
      imposition of taxes on “prohibited transactions” of the Trust as defined in
      Section 860F of the Code or (ii) cause any REMIC constituting part of the Trust
      Fund to fail to qualify as a REMIC at any time that any Certificates are
      outstanding:

     

    (i)  Within
      90
      days prior to the final Distribution Date, the Terminator shall adopt and the
      Trust Administrator shall sign a plan of complete liquidation of each REMIC
      created hereunder meeting the requirements of a “Qualified Liquidation” under
      Section 860F of the Code and any regulations thereunder; and

     

    (ii)  At
      or
      after the time of adoption of such a plan of complete liquidation and at or
      prior to the final Distribution Date, the Trust Administrator shall sell all
      of
      the assets of the Trust Fund to the Terminator for cash pursuant to the terms
      of
      the plan of complete liquidation.

     

    (b)  By
      their
      acceptance of Certificates, the Holders thereof hereby agree to appoint the
      Trust Administrator as their attorney in fact to: (i) adopt such a plan of
      complete liquidation (and the Certificateholders hereby appoint the Trust
      Administrator as their attorney in fact to sign such plan) as appropriate and
      (ii) to take such other action in connection therewith as may be reasonably
      required to carry out such plan of complete liquidation all in accordance with
      the terms hereof.

     

     

     

    ARTICLE
      XI

     

    MISCELLANEOUS
      PROVISIONS

     

    
      	SECTION
              11.01  	
              Amendment.

            

    

     

    This
      Agreement may be amended from time to time by the Depositor, Ocwen, the Master
      Servicer, the Trust Administrator and the Trustee; and without the consent
      of
      the Certificateholders (i) to cure any ambiguity, (ii) to correct or supplement
      any provisions herein which may be defective or inconsistent with any other
      provisions herein or (iii) to make any other provisions with respect to matters
      or questions arising under this Agreement which shall not be inconsistent with
      the provisions of this Agreement; provided that such action shall not as
      evidenced by either (a) an Opinion of Counsel delivered to Ocwen, the Master
      Servicer, the Trustee and the Trust Administrator or (b) written or electronic
      notice to the Depositor, Ocwen, the Master Servicer, the Trustee and the Trust
      Administrator from each Rating Agency that such action will not result in the
      reduction or withdrawal of the rating of any outstanding Class of Certificates
      with respect to which it is a Rating Agency, adversely affect in any material
      respect the interests of any Certificateholder. No amendment shall be deemed
      to
      adversely affect in any material respect the interests of any Certificateholder
      who shall have consented thereto, and no Opinion of Counsel or Rating Agency
      confirmation shall be required to address the effect of any such amendment
      on
      any such consenting Certificateholder.

     

    In
      addition, this Agreement may be amended from time to time by the Depositor,
      Ocwen, the Master Servicer, the Trust Administrator and the Trustee with the
      consent of the Majority Certificateholders 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 Swap Provider
      or
      the Holders of Certificates; provided, however, that no such amendment or waiver
      shall (x) reduce in any manner the amount of, or delay the timing of, payments
      on the Certificates or distributions which are required to be made on any
      Certificate without the consent of the Holder of such Certificate, (y) adversely
      affect in any material respect the interests of the Swap Provider or the Holders
      of any Class of Certificates (as evidenced by either (i) an Opinion of Counsel
      delivered to the Trustee or (ii) written notice to the Depositor, Ocwen, the
      Master Servicer and the Trustee from each Rating Agency that such action will
      not result in the reduction or withdrawal of the rating of any outstanding
      Class
      of Certificates with respect to which it is a Rating Agency) in a manner other
      than as described in clause (x) above, without the consent of the Holders of
      Certificates of such Class evidencing at least a 66% Percentage Interest in
      such
      Class, or (z) reduce the percentage of Voting Rights required by clause (y)
      above without the consent of the Holders of all Certificates of such Class
      then
      outstanding. Upon approval of an amendment, a copy of such amendment shall
      be
      sent to the Rating Agencies.

     

    Notwithstanding
      any provision of this Agreement to the contrary, the Trustee and the Trust
      Administrator shall not consent to any amendment to this Agreement unless it
      shall have first received an Opinion of Counsel, delivered by (and at the
      expense of) the Person seeking such Amendment, to the effect that such amendment
      will not result in the imposition of a tax on any REMIC created hereunder
      constituting part of the Trust Fund pursuant to the REMIC Provisions or cause
      any REMIC created hereunder constituting part of the Trust to fail to qualify
      as
      a REMIC at any time that any Certificates are outstanding and that the amendment
      is being made in accordance with the terms hereof.

     

    Notwithstanding
      any of the other provisions of this Section 11.01, none of the parties to this
      Agreement shall enter into any amendment to this Agreement that could reasonably
      be expected to have a material adverse effect on the interests of the Swap
      Provider hereunder (excluding, for the avoidance of doubt, any amendment to
      this
      Agreement that is entered into solely for the purpose of appointing a successor
      servicer or trustee) without the prior written consent of the Swap Provider,
      which consent shall not be unreasonably withheld, conditioned or
      delayed.

     

    Promptly
      after the execution of any such amendment the Trust Administrator shall furnish,
      at the expense of the Person that requested the amendment if such Person is
      Ocwen (but in no event at the expense of the Trustee or the Trust
      Administrator), otherwise at the expense of the Trust, a copy of such amendment
      and the Opinion of Counsel referred to in the immediately preceding paragraph
      to
      Ocwen and each Rating Agency.

     

    It
      shall
      not be necessary for the consent of Certificateholders under this Section 11.01
      to approve the particular form of any proposed amendment; instead 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 Trust Administrator may prescribe.

     

    The
      Trustee and the Trust Administrator may, but neither shall be obligated to,
      enter into any amendment pursuant to this Section 11.01 that affects its rights,
      duties and 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 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 Ocwen at the expense of the
      Trust, but only upon direction of the Certificateholders accompanied by an
      Opinion of Counsel to the effect that such recordation materially and
      beneficially affects 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 together constitute but one and the same
      instrument.

     

    
      	SECTION
              11.03  	
              Limitation
                on Rights of Certificateholders.

            

    

     

    The
      death
      or incapacity of any Certificateholder shall not (i) operate to terminate this
      Agreement or the Trust, (ii) entitle such Certificateholder’s legal
      representatives or heirs to claim an accounting or to take any action or
      proceeding in any court for a partition or winding up of the Trust, or (iii)
      otherwise affect the rights, obligations and liabilities of the parties hereto
      or any of them.

     

    Except
      as
      expressly provided for herein, no Certificateholder shall have any right to
      vote
      or in any manner otherwise control the operation and management of the Trust,
      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 person
      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 of any provision 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 default and of the continuance
      thereof, as hereinbefore provided, and unless also the Holders of Certificates
      entitled to at least 25% of the Voting Rights shall have made written request
      upon 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 15 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 is understood and intended,
      and 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 of any provision of this
      Agreement to affect, disturb or prejudice the rights of the Holders of any
      other
      of such Certificates, or to obtain or seek to obtain priority over or preference
      to any other such Holder, which priority or preference is not otherwise provided
      for herein, or to enforce any right under this Agreement, except in the manner
      herein provided and for the equal, ratable and common benefit of all
      Certificateholders. For the protection and enforcement of the provisions of
      this
      Section 11.03 each and every Certificateholder and the Trustee shall be entitled
      to such relief as can be given either at law or in equity.

     

    
      	SECTION
              11.04  	
              Governing
                Law; Jurisdiction.

            

    

     

    This
      Agreement shall be construed in accordance with the laws of the State of New
      York, and the obligations, rights and remedies of the parties hereunder shall
      be
      determined in accordance with such laws. With respect to any claim arising
      out
      of this Agreement, each party irrevocably submits to the exclusive jurisdiction
      of the courts of the State of New York and the United States District Court
      located in the Borough of Manhattan in The City of New York, and each party
      irrevocably waives any objection which it may have at any time to the laying
      of
      venue of any suit, action or proceeding arising out of or relating hereto
      brought in any such courts, irrevocably waives any claim that any such suit,
      action or proceeding brought in any such court has been brought in any
      inconvenient forum and further irrevocably waives the right to object, with
      respect to such claim, suit, action or proceeding brought in any such court,
      that such court does not have jurisdiction over such party, provided that
      service of process has been made by any lawful means.

     

    
      	SECTION
              11.05  	
              Notices.

            

    

     

    All
      directions, demands and notices hereunder shall be in writing and shall be
      deemed to have been duly given if personally delivered at or mailed by first
      class mail, postage prepaid, by facsimile or by express delivery service, to
      (a)
      in the case of Ocwen as Servicer, Ocwen Loan Servicing, LLC, 1675 Palm Beach
      Lakes Boulevard, Suite 10A, West Palm Beach, Florida 33401, Attention: Secretary
      (telecopy number: (561) 682-8177), or such other address or telecopy number
      as
      may hereafter be furnished to the Depositor, the Master Servicer, the Trust
      Administrator and the Trustee in writing, (b) ) in the case of the Trustee,
      Deutsche Bank National Trust Company, 1761 East St. Andrew Place, Santa Ana,
      California 92705-4934, Attention: Trust Admin—GC07S1 (telecopy number: (714)
      247-6478), or such other address or telecopy number as may hereafter be
      furnished to the Depositor, Ocwen, the Trust Administrator and the Master
      Servicer in writing by the Trustee, or such other address or telecopy number
      as
      may hereafter be furnished to the Master Servicer and the Depositor in writing
      by the Trustee, (c) in the case of the Credit Risk Manager, 1700 Lincoln Street,
      Suite 1600, Denver, Colorado 80203, Attention: General Counsel, or such other
      address or telecopy number as may hereafter be furnished to the Depositor,
      Ocwen, the Trust Administrator and the Master Servicer, (d) in the case of
      the
      Master Servicer or the Trust Administrator, Wells Fargo Bank, N.A., P.O. Box
      98,
      Columbia, Maryland 21046, Attention: Soundview 2007-1 (telecopy number (410)
      715-2380), with a copy to Wells Fargo Bank, N.A., 9062 Old Annapolis Road,
      Columbia, Maryland 21045, Attention: Soundview 2007-1 (telecopy number (410)
      715-2380), and for certificate transfer purposes, with a copy to Wells Fargo
      Bank, N.A., Sixth Street and Marquette Avenue, Minneapolis, Minnesota 55479,
      Attention: Soundview 2007-1, or such other address or telecopy number as may
      hereafter be furnished to Ocwen, the Trustee and the Depositor in writing by
      the
      Master Servicer and (e) in the case of the Depositor, Financial Asset Securities
      Corp., 600 Steamboat Road, Greenwich, Connecticut 06830, Attention: Legal,
      or
      such other address or telecopy number as may hereafter be furnished to Ocwen,
      the Master Servicer, the Trust Administrator and the Trustee in writing by
      the
      Depositor. Any notice required or permitted to be mailed to a Certificateholder
      shall be given by first class mail, postage prepaid, at the address of such
      Holder as shown in the Certificate Register. Notice of a Servicer Event of
      Termination shall be given by telecopy and by certified mail. Any notice so
      mailed within the time prescribed in this Agreement shall be conclusively
      presumed to have duly been given when mailed, whether or not the
      Certificateholder receives such notice. A copy of any notice required to be
      telecopied hereunder shall also be mailed to the appropriate party in the manner
      set forth above.

     

    
      	SECTION
              11.06  	
              Severability
                of Provisions.

            

    

     

    If
      any
      one or more of the covenants, agreements, provisions or terms of this Agreement
      shall for any reason whatsoever be 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  	
              Article
                and Section References.

            

    

     

    All
      article and section references used in this Agreement, unless otherwise
      provided, are to articles and sections in this Agreement.

     

    
      	SECTION
              11.08  	
              Notice
                to the Rating Agencies.

            

    

     

    (a)  Each
      of
      the Trustee, the Trust Administrator, the Master Servicer and Ocwen shall be
      obligated to use its best reasonable efforts promptly to provide notice to
      the
      Rating Agencies with respect to each of the following of which a Responsible
      Officer of the Trust Administrator, the Master Servicer or Ocwen, as the case
      may be, has actual knowledge:

     

    (i)  any
      material change or amendment to this Agreement;

     

    (ii)  the
      occurrence of any Servicer Event of Termination or Master Servicer Event of
      Termination that has not been cured or waived;

     

    (iii)  the
      resignation or termination of Master Servicer, the Trust Administrator or the
      Trustee;

     

    (iv)  the
      final
      payment to Holders of the Certificates of any Class;

     

    (v)  any
      change in the location of any Account; and

     

    (vi)  if
      the
      Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any
      event that would result in the inability of the Trustee to make
      Advances.

     

    (b)  In
      addition, the Trust Administrator shall promptly make available to each Rating
      Agency copies of each Statement to Certificateholders described in Section
      4.03
      hereof and copies of the following:

     

    (i)  each
      annual statement as to compliance described in Section 3.20 hereof;

     

    (ii)  each
      Attestation Report described in Section 3.21 hereof; and

     

    (i)  each
      notice delivered pursuant to Section 7.01(a) hereof which relates to the fact
      that the Servicer has not made an Advance.

     

    Any
      such
      notice pursuant to this Section 11.08 shall be in writing and shall be deemed
      to
      have been duly given if personally delivered or mailed by first class mail,
      postage prepaid, or by express delivery service to (i) Moody’s Investors
      Service, Inc., 99 Church Street, New York, New York 10007 and (ii) Standard
      & Poor’s Rating Services, a division of The McGraw-Hill Companies, Inc., 55
      Water Street, 41st
      Floor,
      New York, New York 10041, Attention: Residential Mortgage Surveillance
      Group.

     

    
      	SECTION
              11.09  	
              Further
                Assurances.

            

    

     

    Notwithstanding
      any other provision of this Agreement, neither the Regular Certificateholders
      nor the Trustee shall have any obligation to consent to any amendment or
      modification of this Agreement unless they have been provided reasonable
      security or indemnity against their out-of-pocket expenses (including reasonable
      attorneys’ fees) to be incurred in connection therewith.

     

    
      	SECTION
              11.10  	
              Benefits
                of Agreement.

            

    

     

    Each
      of
      the Swap Provider and the Cap Provider shall be an express third party
      beneficiary of this Agreement as if a party hereto to the extent of Swap
      Provider's and Cap Provider’s rights, respectively, as are explicitly specified
      herein.

     

    Other
      than as set forth above, nothing in this Agreement or in the Certificates,
      expressed or implied, shall give to any Person, other than the
      Certificateholders and the parties hereto and their successors hereunder, any
      benefit or any legal or equitable right, remedy or claim under this
      Agreement.

     

    
      	SECTION
              11.11  	
              Acts
                of Certificateholders.

            

    

     

    (a)  Any
      request, demand, authorization, direction, notice, consent, waiver or other
      action provided by this Agreement to be given or taken by the Certificateholders
      may be embodied in and evidenced by one or more instruments of substantially
      similar tenor signed by such Certificateholders in person or by agent duly
      appointed in writing, and such action shall become effective when such
      instrument or instruments are delivered to the Trustee and Ocwen. Such
      instrument or instruments (and the action embodied therein and evidenced
      thereby) are herein sometimes referred to as the “act” of the Certificateholders
      signing such instrument or instruments. Proof of execution of any such
      instrument or of a writing appointing any such agent shall be sufficient for
      any
      purpose of this Agreement and conclusive in favor of the Trustee and the Trust,
      if made in the manner provided in this Section 11.11.

     

    (b)  The
      fact
      and date of the execution by any Person of any such instrument or writing may
      be
      proved by the affidavit of a witness of such execution or by the certificate
      of
      a notary public or other officer authorized by law to take acknowledgments
      of
      deeds, certifying that the individual signing such instrument or writing
      acknowledged to him the execution thereof. Whenever such execution is by a
      signer acting in a capacity other than his or her individual capacity, such
      certificate or affidavit shall also constitute sufficient proof of his
      authority.

     

    (c)  Any
      request, demand, authorization, direction, notice, consent, waiver or other
      action by any Certificateholder shall bind every future Holder of such
      Certificate and the Holder of every Certificate issued upon the registration
      of
      transfer thereof or in exchange therefor or in lieu thereof, in respect of
      anything done, omitted or suffered to be done by the Trustee or the Trust in
      reliance thereon, whether or not notation of such action is made upon such
      Certificate.

     

    
      	SECTION
              11.12  	
              Intention
                of the Parties and Interpretation.

            

    

     

    Each
      of
      the parties acknowledges and agrees that the purpose of Sections 3.20, 3.21
      and  4.05 of this Agreement is to facilitate compliance by
      the Depositor with the provisions of Regulation AB promulgated by the SEC
      under the 1934 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, (c)
      the
      parties shall comply, with requests made by the Depositor for delivery of
      additional or different information as 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.

     

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the Depositor, Ocwen, the Master Servicer and Trust
      Administrator and the Trustee have caused their names to be signed hereto by
      their respective officers thereunto duly authorized, in each case as of the
      day
      and year first above written.

     

    
      	 	 	 	 	 	 	 	
              FINANCIAL
                ASSET SECURITIES CORP.,

              as
                Depositor

            
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
              By:

            	
              /s/
                Ara Balabanian

            
	 	 	 	 	 	 	 	
              Name:

            	
              Ara
                Balabanian

            
	 	 	 	 	 	 	 	
              Title:

            	
              Vice
                President

            

    

    

     

    
      	 	 	 	 	 	 	 	
              OCWEN
                LOAN SERVICING, LLC, as Servicer

            
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
              By:

            	
              /s/
                Richard Delgado

            
	 	 	 	 	 	 	 	
              Name:

            	
              Richard
                Delgado

            
	 	 	 	 	 	 	 	
              Title:

            	
              Authorized
                Representative

            

    

    

     

    
      	 	 	 	 	 	 	 	
              WELLS
                FARGO BANK, N.A.,

              as
                Master Servicer and Trust Administrator

            
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
              By:

            	
              /s/
                Graham Oglesby

            
	 	 	 	 	 	 	 	
              Name:

            	
              Graham
                Oglesby

            
	 	 	 	 	 	 	 	
              Title:

            	
              Assistant
                Vice President

            

    

    

     

    
      	 	 	 	 	 	 	 	
              DEUTSCHE
                BANK NATIONAL TRUST

              COMPANY,
                as Trustee

            
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
              By:

            	
              /s/
                Melissa Wilman

            
	 	 	 	 	 	 	 	
              Name:

            	
              Melissa
                Wilman

            
	 	 	 	 	 	 	 	
              Title:

            	
              Vice
                President

            
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
              By:

            	
              /s/
                Manuel Rivas

            
	 	 	 	 	 	 	 	
              Name:

            	
              Manuel
                Rivas

            
	 	 	 	 	 	 	 	
              Title:

            	
              Authorized
                Signer

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    For
      purposes of Sections 6.09, 6.10 and 6.11:

    CLAYTON
      FIXED INCOME SERVICES INC.

     

    
      	
               

              By:

            	
              /s/
                John Andriola

            	 
	
              Name:

            	
              John
                Andriola

            	 
	
              Title:

            	
              Authorized
                Representative

            	 

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	
              STATE
                OF CONNECTICUT

            	
              )

            	 
	 	
              )

            	
              ss.:

            
	
              COUNTY
                OF FAIRFIELD

            	
              )

            	 

    

    

    On
      the
      _____ day of February 2007 before me, a notary public in and for said State,
      personally appeared _________________________ known to me to be
      _______________________ of Financial Asset Securities Corp., a Delaware
      corporation that executed the within instrument, and also known to me to be
      the
      person who executed it on behalf of said 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

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    
      	
              STATE
                OF_____________

            	
              )

            	 
	 	
              )

            	
              ss.:

            
	
              COUNTY
                OF___________

            	
              )

            	 

    

    

     

    On
      the
      _____ day of, February 2007 before me, a notary public in and for said State,
      personally appeared ____________________________ known to me to be a
      ___________________________ of Ocwen Loan Servicing, LLC, a Delaware limited
      liability company that executed the within instrument, and also known to me
      to
      be the person who executed it on behalf of said company, 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

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    
      	
              STATE
                OF_____________

            	
              )

            	 
	 	
              )

            	
              ss.:

            
	
              COUNTY
                OF___________

            	
              )

            	 

    

    

     

    On
      the
      _____ day of, February 2007 before me, a notary public in and for said State,
      personally appeared ____________________________ known to me to be a
      ___________________________ of Wells Fargo Bank, N.A., a national banking
      association that executed the within instrument, and also known to me to be
      the
      person who executed it on behalf of said 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

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

      
        	
                STATE
                  OF_____________

              	
                )

              	 
	 	
                )

              	
                ss.:

              
	
                COUNTY
                  OF___________

              	
                )

              	 

      

       

    

     

    On
      the
      ____ day of February 2007 before me, a notary public in and for said State,
      personally appeared _________________________, known to me to be a(n)
      _______________________ and _________________________, known to me to be a(n)
      _______________________of Deutsche Bank National Trust Company, a national
      banking association that executed the within instrument, and also known to
      me to
      be the person who executed it on behalf of said association, 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

            

    

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    

      EXHIBIT
        A-1

       

      FORM
        OF
        CLASS I-A-1 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      PRIOR
        TO
        THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST, ANY PERSON ACQUIRING
        A
        CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS IN SECTION 5.02(D)
        OF THE POOLING AND SERVICING AGREEMENT.

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance

                of
                  this Certificate (“Denomination”)

                 

              	
                :

                 

              	
                $
                  227,948,000

                 

              
	
                Original
                  Class Certificate

                Principal
                  Balance of this Class

                 

              	
                :

                 

              	
                $
                  227,948,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAA8

              
	
                Class

                 

              	
                :

                 

              	
                I-A-1

                 

              
	
                Assumed
                  Maturity Date

                 

              	
                :

                 

              	
                March
                  2037

                 

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        I-A-1

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class I-A-1 Certificate
        at any time may be less than the Initial Certificate Principal Balance set
        forth
        on the face hereof, as described herein. This Class I-A-1 Certificate does
        not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class I-A-1 Certificate (obtained by dividing the Denomination
        of this Class I-A-1 Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class I-A-1 Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        I-A-1 Certificate by virtue of the acceptance hereof assents and by which
        such
        Holder is bound.

       

      Prior
        to
        the termination of the Supplemental Interest Trust, any person acquiring
        a
        Certificate shall be deemed to have made the representations in Section 5.02(d)
        of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class I-A-1 Certificate
        set
        forth on the reverse hereof, which further provisions shall for all purposes
        have the same effect as if set forth at this place.

       

      This
        Class I-A-1 Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of

                Wells
                  Fargo Bank, N.A.,

                as
                  Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class I-A-1Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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 II-A-1 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      PRIOR
        TO
        THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST, ANY PERSON ACQUIRING
        A
        CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS IN SECTION 5.02(D)
        OF THE POOLING AND SERVICING AGREEMENT.

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance

                of
                  this Certificate (“Denomination”)

                 

              	
                :

                 

              	
                $145,600,000

                 

              
	
                Original
                  Class Certificate

                Principal
                  Balance of this Class

                 

              	
                :

                 

              	
                $145,600,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAB6

              
	
                Class

                 

              	
                :

                 

              	
                II-A-1

                 

              
	
                Assumed
                  Maturity Date

                 

              	
                :

                 

              	
                March
                  2037

                 

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        II-A-1

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class II-A-1 Certificate
        at any time may be less than the Initial Certificate Principal Balance set
        forth
        on the face hereof, as described herein. This Class II-A-1 Certificate does
        not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class II-A-1 Certificate (obtained by dividing the
        Denomination of this Class II-A-1 Certificate by the Original Class Certificate
        Principal Balance) in certain monthly distributions with respect to a Trust
        consisting primarily of the Mortgage Loans deposited by Financial Asset
        Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
        and Servicing Agreement dated as of February 1, 2007 (the “Agreement”) among the
        Depositor, Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo
        Bank, N.A. as master servicer and trust administrator (the “Master Servicer” and
“Trust Administrator”), and Deutsche Bank National Trust Company, a national
        banking association, as trustee (the “Trustee”). To the extent not defined
        herein, the capitalized terms used herein have the meanings assigned in the
        Agreement. This Class II-A-1 Certificate is issued under and is subject to
        the
        terms, provisions and conditions of the Agreement, to which Agreement the
        Holder
        of this Class II-A-1 Certificate by virtue of the acceptance hereof assents
        and
        by which such Holder is bound.

       

      Prior
        to
        the termination of the Supplemental Interest Trust, any person acquiring
        a
        Certificate shall be deemed to have made the representations in Section 5.02(d)
        of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class II-A-1 Certificate
        set
        forth on the reverse hereof, which further provisions shall for all purposes
        have the same effect as if set forth at this place.

       

      This
        Class II-A-1 Certificate shall not be entitled to any benefit under the
        Agreement or be valid for any purpose unless manually countersigned by an
        authorized signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of

                Wells
                  Fargo Bank, N.A.,

                as
                  Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class II-A-1Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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 II-A-2 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      PRIOR
        TO
        THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST, ANY PERSON ACQUIRING
        A
        CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS IN SECTION 5.02(D)
        OF THE POOLING AND SERVICING AGREEMENT.

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance

                of
                  this Certificate (“Denomination”)

                 

              	
                :

                 

              	
                $25,560,000

                 

              
	
                Original
                  Class Certificate

                Principal
                  Balance of this Class

                 

              	
                :

                 

              	
                $25,560,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAC4

              
	
                Class

                 

              	
                :

                 

              	
                II-A-2

                 

              
	
                Assumed
                  Maturity Date

                 

              	
                :

                 

              	
                March
                  2037

                 

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        II-A-2

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class II-A-2 Certificate
        at any time may be less than the Initial Certificate Principal Balance set
        forth
        on the face hereof, as described herein. This Class II-A-2 Certificate does
        not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class II-A-2 Certificate (obtained by dividing the
        Denomination of this Class II-A-2 Certificate by the Original Class Certificate
        Principal Balance) in certain monthly distributions with respect to a Trust
        consisting primarily of the Mortgage Loans deposited by Financial Asset
        Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
        and Servicing Agreement dated as of February 1, 2007 (the “Agreement”) among the
        Depositor, Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo
        Bank, N.A. as master servicer and trust administrator (the “Master Servicer” and
“Trust Administrator”), and Deutsche Bank National Trust Company, a national
        banking association, as trustee (the “Trustee”). To the extent not defined
        herein, the capitalized terms used herein have the meanings assigned in the
        Agreement. This Class II-A-2 Certificate is issued under and is subject to
        the
        terms, provisions and conditions of the Agreement, to which Agreement the
        Holder
        of this Class II-A-2 Certificate by virtue of the acceptance hereof assents
        and
        by which such Holder is bound.

       

      Prior
        to
        the termination of the Supplemental Interest Trust, any person acquiring
        a
        Certificate shall be deemed to have made the representations in Section 5.02(d)
        of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class II-A-2 Certificate
        set
        forth on the reverse hereof, which further provisions shall for all purposes
        have the same effect as if set forth at this place.

       

      This
        Class II-A-2 Certificate shall not be entitled to any benefit under the
        Agreement or be valid for any purpose unless manually countersigned by an
        authorized signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class II-A-2Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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 II-A-3 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      PRIOR
        TO
        THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST, ANY PERSON ACQUIRING
        A
        CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS IN SECTION 5.02(D)
        OF THE POOLING AND SERVICING AGREEMENT.

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance

                of
                  this Certificate (“Denomination”)

                 

              	
                :

                 

              	
                $77,370,000

                 

              
	
                Original
                  Class Certificate

                Principal
                  Balance of this Class

                 

              	
                :

                 

              	
                $77,370,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAD2

              
	
                Class

                 

              	
                :

                 

              	
                II-A-3

                 

              
	
                Assumed
                  Maturity Date

                 

              	
                :

                 

              	
                March
                  2037

                 

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        II-A-3

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class II-A-3 Certificate
        at any time may be less than the Initial Certificate Principal Balance set
        forth
        on the face hereof, as described herein. This Class II-A-3 Certificate does
        not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class II-A-3 Certificate (obtained by dividing the
        Denomination of this Class II-A-3 Certificate by the Original Class Certificate
        Principal Balance) in certain monthly distributions with respect to a Trust
        consisting primarily of the Mortgage Loans deposited by Financial Asset
        Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
        and Servicing Agreement dated as of February 1, 2007 (the “Agreement”) among the
        Depositor, Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo
        Bank, N.A. as master servicer and trust administrator (the “Master Servicer” and
“Trust Administrator”), and Deutsche Bank National Trust Company, a national
        banking association, as trustee (the “Trustee”). To the extent not defined
        herein, the capitalized terms used herein have the meanings assigned in the
        Agreement. This Class II-A-3 Certificate is issued under and is subject to
        the
        terms, provisions and conditions of the Agreement, to which Agreement the
        Holder
        of this Class II-A-3 Certificate by virtue of the acceptance hereof assents
        and
        by which such Holder is bound.

       

      Prior
        to
        the termination of the Supplemental Interest Trust, any person acquiring
        a
        Certificate shall be deemed to have made the representations in Section 5.02(d)
        of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class II-A-3 Certificate
        set
        forth on the reverse hereof, which further provisions shall for all purposes
        have the same effect as if set forth at this place.

       

      This
        Class II-A-3 Certificate shall not be entitled to any benefit under the
        Agreement or be valid for any purpose unless manually countersigned by an
        authorized signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class II-A-3Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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 II-A-4 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      PRIOR
        TO
        THE TERMINATION OF THE SUPPLEMENTAL INTEREST TRUST, ANY PERSON ACQUIRING
        A
        CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS IN SECTION 5.02(D)
        OF THE POOLING AND SERVICING AGREEMENT.

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance

                of
                  this Certificate (“Denomination”)

                 

              	
                :

                 

              	
                $29,764,000

                 

              
	
                Original
                  Class Certificate

                Principal
                  Balance of this Class

                 

              	
                :

                 

              	
                $29,764,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAE0

              
	
                Class

                 

              	
                :

                 

              	
                II-A-4

                 

              
	
                Assumed
                  Maturity Date

                 

              	
                :

                 

              	
                March
                  2037

                 

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        II-A-4

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class II-A-4 Certificate
        at any time may be less than the Initial Certificate Principal Balance set
        forth
        on the face hereof, as described herein. This Class II-A-4 Certificate does
        not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class II-A-4 Certificate (obtained by dividing the
        Denomination of this Class II-A-4 Certificate by the Original Class Certificate
        Principal Balance) in certain monthly distributions with respect to a Trust
        consisting primarily of the Mortgage Loans deposited by Financial Asset
        Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
        and Servicing Agreement dated as of February 1, 2007 (the “Agreement”) among the
        Depositor, Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo
        Bank, N.A. as master servicer and trust administrator (the “Master Servicer” and
“Trust Administrator”), and Deutsche Bank National Trust Company, a national
        banking association, as trustee (the “Trustee”). To the extent not defined
        herein, the capitalized terms used herein have the meanings assigned in the
        Agreement. This Class II-A-4 Certificate is issued under and is subject to
        the
        terms, provisions and conditions of the Agreement, to which Agreement the
        Holder
        of this Class II-A-4 Certificate by virtue of the acceptance hereof assents
        and
        by which such Holder is bound.

       

      Prior
        to
        the termination of the Supplemental Interest Trust, any person acquiring
        a
        Certificate shall be deemed to have made the representations in Section 5.02(d)
        of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class II-A-4 Certificate
        set
        forth on the reverse hereof, which further provisions shall for all purposes
        have the same effect as if set forth at this place.

       

      This
        Class II-A-4 Certificate shall not be entitled to any benefit under the
        Agreement or be valid for any purpose unless manually countersigned by an
        authorized signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class II-A-4 Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-6

       

      FORM
        OF
        CLASS M-1 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES TO THE EXTENT DESCRIBED
        IN
        THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $20,476,000

                 

              
	
                Original
                  Class Certificate Principal Balance of this Class

                 

              	
                :

                 

              	
                $20,476,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAF7

              
	
                Class

                 

              	
                :

                 

              	
                M-1

                 

              
	
                Assumed
                  Maturity Date

                 

              	
                :

                 

              	
                March
                  2037

                 

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-1

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-1 Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-1 Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-1 Certificate (obtained by dividing the Denomination
        of this Class M-1 Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-1 Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-1
        Certificate by virtue of the acceptance hereof assents and by which such
        Holder
        is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-1 Certificate set
        forth
        on the reverse hereof, which further provisions shall for all purposes have
        the
        same effect as if set forth at this place.

       

      This
        Class M-1 Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class M-1 Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      I
        (We)
        further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-7

       

      FORM
        OF
        CLASS M-2 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES AND CLASS M-1 CERTIFICATES
        TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
        HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      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,
        AS
        AMENDED (THE “CODE”).

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $18,586,000

                 

              
	
                Original
                  Class Certificate

                 

                Principal
                  Balance of this Class

                 

              	
                :

                 

              	
                $18,586,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable
                  

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAG5

              
	
                Class

                 

              	
                :

                 

              	
                M-2

                 

              
	
                Assumed
                  Maturity Date

                 

              	
                :

                 

              	
                March
                  2037

                 

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-2

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-2 Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-2 Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-2 Certificate (obtained by dividing the Denomination
        of this Class M-2 Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-2 Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-2
        Certificate by virtue of the acceptance hereof assents and by which such
        Holder
        is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-2 Certificate set
        forth
        on the reverse hereof, which further provisions shall for all purposes have
        the
        same effect as if set forth at this place.

       

      This
        Class M-2 Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class M-2 Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-8

       

      FORM
        OF
        CLASS M-3 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES, THE CLASS M-1
        CERTIFICATES AND THE CLASS M-2 CERTIFICATES TO THE EXTENT DESCRIBED IN THE
        POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      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,
        AS
        AMENDED (THE “CODE”).

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $10,711,000

                 

              
	
                Original
                  Class Certificate Principal Balance of this Class

                 

              	
                :

                 

              	
                $10,711,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable
                  

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAH3

              
	
                Class

                 

              	
                :

                 

              	
                M-3

                 

              
	
                Assumed
                  Maturity Date

                 

              	
                :

                 

              	
                March
                  2037

                 

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-3

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-3 Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-3 Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-3 Certificate (obtained by dividing the Denomination
        of this Class M-3 Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-3 Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-3
        Certificate by virtue of the acceptance hereof assents and by which such
        Holder
        is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-3 Certificate set
        forth
        on the reverse hereof, which further provisions shall for all purposes have
        the
        same effect as if set forth at this place.

       

      This
        Class M-3 Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class M-3 Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-9

       

      FORM
        OF
        CLASS M-4 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES, THE CLASS M-1
        CERTIFICATES, THE CLASS M-2 CERTIFICATES AND THE CLASS M-3 CERTIFICATES TO
        THE
        EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
        HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      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,
        AS
        AMENDED (THE “CODE”).

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $9,766,000

                 

              
	
                Original
                  Class Certificate Principal Balance of this Class

                 

              	
                :

                 

              	
                $9,766,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAJ9

              
	
                Class

                 

              	
                :

                 

              	
                M-4

                 

              
	
                Assumed
                  Maturity Date

                 

              	
                :

                 

              	
                March
                  2037

                 

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-4

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-4 Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-4 Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-4 Certificate (obtained by dividing the Denomination
        of this Class M-4 Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-4 Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-4
        Certificate by virtue of the acceptance hereof assents and by which such
        Holder
        is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-4 Certificate set
        forth
        on the reverse hereof, which further provisions shall for all purposes have
        the
        same effect as if set forth at this place.

       

      This
        Class M-4 Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class M-4 Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-10

       

      FORM
        OF
        CLASS M-5 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES, THE CLASS M-1
        CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES AND
        THE
        CLASS M-4 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING
        AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      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,
        AS
        AMENDED (THE “CODE”).

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $9,136,000

                 

              
	
                Original
                  Class Certificate Principal Balance of this Class

                 

              	
                :

                 

              	
                $9,136,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAK6

              
	
                Class

                 

              	
                :

                 

              	
                M-5

                 

              
	
                Assumed
                  Maturity Date

              	
                :

              	
                March
                  2037

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-5

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-5 Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-5 Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-5 Certificate (obtained by dividing the Denomination
        of this Class M-5 Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-5 Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-5
        Certificate by virtue of the acceptance hereof assents and by which such
        Holder
        is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-5 Certificate set
        forth
        on the reverse hereof, which further provisions shall for all purposes have
        the
        same effect as if set forth at this place.

       

      This
        Class M-5 Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [REVERSE
        OF CLASS M-5 CERTIFICATE]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-11

       

      FORM
        OF
        CLASS M-6 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES, THE CLASS M-1
        CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE
        CLASS
        M-4 CERTIFICATES AND THE CLASS M-5 CERTIFICATES TO THE EXTENT DESCRIBED IN
        THE
        POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      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,
        AS
        AMENDED (THE “CODE”).

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $8,506,000

                 

              
	
                Original
                  Class Certificate Principal Balance of this Class

                 

              	
                :

                 

              	
                $8,506,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable
                  

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAL4

              
	
                Class

                 

              	
                :

                 

              	
                M-6

                 

              
	
                Assumed
                  Maturity Date

              	
                :

              	
                March
                  2037

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-6

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-6 Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-6 Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-6 Certificate (obtained by dividing the Denomination
        of this Class M-6 Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-6 Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-6
        Certificate by virtue of the acceptance hereof assents and by which such
        Holder
        is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-6 Certificate set
        forth
        on the reverse hereof, which further provisions shall for all purposes have
        the
        same effect as if set forth at this place.

       

      This
        Class M-6 Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class M-6 Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-12

       

      FORM
        OF
        CLASS M-7 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES, THE CLASS M-1
        CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE
        CLASS
        M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES AND THE CLASS M-6 CERTIFICATES
        TO
        THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
        HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      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,
        AS
        AMENDED (THE “CODE”).

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $8,191,000

                 

              
	
                Original
                  Class Certificate Principal Balance of this Class

                 

              	
                :

                 

              	
                $8,191,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAM2

              
	
                Class

                 

              	
                :

                 

              	
                M-7

                 

              
	
                Assumed
                  Maturity Date

              	
                :

              	
                March
                  2037

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-7

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-7 Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-7 Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-7 Certificate (obtained by dividing the Denomination
        of this Class M-7 Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-7 Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-7
        Certificate by virtue of the acceptance hereof assents and by which such
        Holder
        is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-7 Certificate set
        forth
        on the reverse hereof, which further provisions shall for all purposes have
        the
        same effect as if set forth at this place.

       

      This
        Class M-7 Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class M-7 Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-13

       

      FORM
        OF
        CLASS M-8A CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES, THE CLASS M-1
        CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE
        CLASS
        M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES, THE CLASS M-6 CERTIFICATES
        AND THE
        CLASS M-7 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING
        AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      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,
        AS
        AMENDED (THE “CODE”).

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $4,300,000

                 

              
	
                Original
                  Class Certificate Principal Balance of this Class

                 

              	
                :

                 

              	
                $4,300,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable
                  

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAN0

              
	
                Class

                 

              	
                :

                 

              	
                M-8A

                 

              
	
                Assumed
                  Maturity Date

              	
                :

              	
                March
                  2037

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-8A

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-8A Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-8A Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-8A Certificate (obtained by dividing the Denomination
        of this Class M-8A Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-8A Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-8A Certificate by virtue of the acceptance hereof assents and by which
        such
        Holder is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-8A Certificate set
        forth on the reverse hereof, which further provisions shall for all purposes
        have the same effect as if set forth at this place.

       

      This
        Class M-8A Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class M-8A Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-14

       

      FORM
        OF
        CLASS M-8B CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES, THE CLASS M-1
        CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE
        CLASS
        M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES, THE CLASS M-6 CERTIFICATES
        AND THE
        CLASS M-7 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING
        AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      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,
        AS
        AMENDED (THE “CODE”).

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $2,000,000

                 

              
	
                Original
                  Class Certificate Principal Balance of this Class

                 

              	
                :

                 

              	
                $2,000,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable
                  

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612P
                  AV2

              
	
                Class

                 

              	
                :

                 

              	
                M-8B

                 

              
	
                Assumed
                  Maturity Date

              	
                :

              	
                March
                  2037

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-8B

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-8B Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-8B Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-8B Certificate (obtained by dividing the Denomination
        of this Class M-8B Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-8B Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-8B Certificate by virtue of the acceptance hereof assents and by which
        such
        Holder is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-8B Certificate set
        forth on the reverse hereof, which further provisions shall for all purposes
        have the same effect as if set forth at this place.

       

      This
        Class M-8B Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class M-8B Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      
        	
                I
                  (We) further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-15

       

      FORM
        OF
        CLASS M-9 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES, THE CLASS M-1
        CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE
        CLASS
        M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES, THE CLASS M-6 CERTIFICATES,
        THE
        CLASS M-7 CERTIFICATES AND THE M-8 CERTIFICATES TO THE EXTENT DESCRIBED IN
        THE
        POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      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,
        AS
        AMENDED (THE “CODE”).

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $5,985,000

                 

              
	
                Original
                  Class Certificate Principal Balance of this Class

                 

              	
                :

                 

              	
                $5,985,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAP5

              
	
                Class

                 

              	
                :

                 

              	
                M-9

                 

              
	
                Assumed
                  Maturity Date

              	
                :

              	
                March
                  2037

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-9

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-9 Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-9 Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-9 Certificate (obtained by dividing the Denomination
        of this Class M-9 Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-9 Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-9
        Certificate by virtue of the acceptance hereof assents and by which such
        Holder
        is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-9 Certificate set
        forth
        on the reverse hereof, which further provisions shall for all purposes have
        the
        same effect as if set forth at this place.

       

      This
        Class M-9 Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class M-9 Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      I
        (We)
        further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-16

       

      FORM
        OF
        CLASS M-10 CERTIFICATES

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS
        AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE
        ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
        REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE
        TO
        CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
        REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
        OR
        OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
        HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES, THE CLASS THE
        M-1
        CERTIFICATES, THE CLASS M-2 CERTIFICATES, THE CLASS M-3 CERTIFICATES, THE
        CLASS
        M-4 CERTIFICATES, THE CLASS M-5 CERTIFICATES, THE CLASS M-6 CERTIFICATES,
        THE
        CLASS M-7 CERTIFICATES, THE CLASS M-8 CERTIFICATES AND THE CLASS M-9
CERTIFICATES,
        TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO
        HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

       

      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,
        AS
        AMENDED (THE “CODE”).

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance of this Certificate
                  (“Denomination”)

                 

              	
                :

                 

              	
                $6,300,000

                 

              
	
                Original
                  Class Certificate Principal Balance of this Class

                 

              	
                :

                 

              	
                $6,300,000

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Pass-Through
                  Rate

                 

              	
                :

                 

              	
                Variable
                  

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAQ3

              
	
                Class

                 

              	
                :

                 

              	
                M-10

                 

              
	
                Assumed
                  Maturity Date

              	
                :

              	
                March
                  2037

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        M-10

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class M-10 Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class M-10 Certificate does not
        evidence an obligation of, or an interest in, and is not guaranteed by the
        Depositor, the Servicer, the Master Servicer, the Trust Administrator or
        the
        Trustee referred to below or any of their respective affiliates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced by this Class M-10 Certificate (obtained by dividing the Denomination
        of this Class M-10 Certificate by the Original Class Certificate Principal
        Balance) in certain monthly distributions with respect to a Trust consisting
        primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.
        (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing
        Agreement dated as of February 1, 2007 (the “Agreement”) among the Depositor,
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”), and Deutsche Bank National Trust Company, a national banking
        association, as trustee (the “Trustee”). To the extent not defined herein, the
        capitalized terms used herein have the meanings assigned in the Agreement.
        This
        Class M-10 Certificate is issued under and is subject to the terms, provisions
        and conditions of the Agreement, to which Agreement the Holder of this Class
        M-10 Certificate by virtue of the acceptance hereof assents and by which
        such
        Holder is bound.

       

      No
        transfer of this Certificate to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class M-10 Certificate set
        forth on the reverse hereof, which further provisions shall for all purposes
        have the same effect as if set forth at this place.

       

      This
        Class M-10 Certificate shall not be entitled to any benefit under the Agreement
        or be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class M-10 Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      I
        (We)
        further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-17

       

      FORM
        OF
        CLASS C CERTIFICATES

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      THIS
        CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
        AMENDED
        (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
        THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
        REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
        OF
        THE AGREEMENT REFERRED TO HEREIN.

       

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES AND THE MEZZANINE
        CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT
        REFERRED TO HEREIN.

       

      THIS
        CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
        AMENDED
        (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
        THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
        REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
        OF
        THE AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Notional Amount

                of
                  this Certificate (“Denomination”)

              	
                :

                 

              	
                $19,846,089.69

              
	
                Original
                  Class Certificate

                Principal
                  Balance of this Class

              	
                :

                 

              	
                $19,846,089.69

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAS9

              
	
                Class

                 

              	
                :

                 

              	
                C

                 

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        C

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class C Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class C Certificate does not evidence
        an obligation of, or an interest in, and is not guaranteed by the Depositor,
        the
        Servicer, the Master Servicer, the Trust Administrator or the Trustee referred
        to below or any of their respective affiliates.

       

      This
        certifies that Greenwich Capital Financial Products, Inc. is the registered
        owner of the Percentage Interest evidenced by this Class C Certificate (obtained
        by dividing the Denomination of this Class C Certificate by the Original
        Class
        Certificate Principal Balance) in certain distributions with respect to a
        Trust
        consisting primarily of the Mortgage Loans deposited by Financial Asset
        Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
        and Servicing Agreement dated as of February 1, 2007 (the “Agreement”) among the
        Depositor, Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo
        Bank, N.A. as master servicer and trust administrator (the “Master Servicer” and
“Trust Administrator”), and Deutsche Bank National Trust Company, a national
        banking association, as trustee (the “Trustee”). To the extent not defined
        herein, the capitalized terms used herein have the meanings assigned in the
        Agreement. This Class C Certificate is issued under and is subject to the
        terms,
        provisions and conditions of the Agreement, to which Agreement the Holder
        of
        this Class C Certificate by virtue of the acceptance hereof assents and by
        which
        such Holder is bound.

       

      No
        transfer of a Certificate of this Class shall be made unless such transfer
        is
        made pursuant to an effective registration statement under the Act and any
        applicable state securities laws or is exempt from the registration requirements
        under said Act and such laws. In the event that a transfer is to be made
        in
        reliance upon an exemption from the Act and such laws, in order to assure
        compliance with the Act and such laws, the Certificateholder desiring to
        effect
        such transfer and such Certificateholder’s prospective transferee shall each
        certify to the Trust Administrator and the Depositor in writing the facts
        surrounding the transfer. In the event that such a transfer is not to be
        made
        pursuant to Rule 144A of the Act, there shall be delivered to the Trust
        Administrator and the Depositor of an Opinion of Counsel that such transfer
        may
        be made pursuant to an exemption from the Act, which Opinion of Counsel shall
        not be obtained at the expense of the Trustee, the Servicer, the Master
        Servicer, the Trust Administrator or the Depositor; or there shall be delivered
        to the Trust Administrator and the Depositor a transferor certificate by
        the
        transferor and an investment letter shall be executed by the transferee.
        The
        Holder hereof desiring to effect such transfer shall, and does hereby agree
        to,
        indemnify the Trust Administrator and the Depositor 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 to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class C Certificate set
        forth
        on the reverse hereof, which further provisions shall for all purposes have
        the
        same effect as if set forth at this place.

       

      This
        Class C Certificate shall not be entitled to any benefit under the Agreement
        or
        be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class C Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      I
        (We)
        further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-18

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      THIS
        CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
        AMENDED
        (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
        THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
        REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
        OF
        THE AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Initial
                  Certificate Principal Balance

                of
                  this Certificate (“Denomination”)

                 

              	
                :

                 

              	
                $100.00

                 

              
	
                Original
                  Class Certificate

                Principal
                  Balance of this Class

                 

              	
                :

                 

              	
                $100.00

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAR1

              
	
                Class

                 

              	
                :

                 

              	
                P

                 

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        P

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      Principal
        in respect of this Certificate is distributable monthly as set forth herein.
        Accordingly, the Certificate Principal Balance of this Class P Certificate
        at
        any time may be less than the Initial Certificate Principal Balance set forth
        on
        the face hereof, as described herein. This Class P Certificate does not evidence
        an obligation of, or an interest in, and is not guaranteed by the Depositor,
        the
        Servicer, the Master Servicer, the Trust Administrator or the Trustee referred
        to below or any of their respective affiliates.

       

      This
        certifies that Greenwich Capital Financial Products, Inc. is the registered
        owner of the Percentage Interest evidenced by this Class P Certificate (obtained
        by dividing the Denomination of this Class P Certificate by the Original
        Class
        Certificate Principal Balance) in certain distributions with respect to a
        Trust
        consisting primarily of the Mortgage Loans deposited by Financial Asset
        Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling
        and Servicing Agreement dated as of February 1, 2007 (the “Agreement”) among the
        Depositor, Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo
        Bank, N.A. as master servicer and trust administrator (the “Master Servicer” and
“Trust Administrator”), and Deutsche Bank National Trust Company, a national
        banking association, as trustee (the “Trustee”). To the extent not defined
        herein, the capitalized terms used herein have the meanings assigned in the
        Agreement. This Class P Certificate is issued under and is subject to the
        terms,
        provisions and conditions of the Agreement, to which Agreement the Holder
        of
        this Class P Certificate by virtue of the acceptance hereof assents and by
        which
        such Holder is bound.

       

      This
        Certificate does not have a pass-through rate and will be entitled to
        distributions only to the extent set forth in the Agreement.

       

      No
        transfer of a Certificate of this Class shall be made unless such transfer
        is
        made pursuant to an effective registration statement under the Act and any
        applicable state securities laws or is exempt from the registration requirements
        under said Act and such laws. In the event that a transfer is to be made
        in
        reliance upon an exemption from the Act and such laws, in order to assure
        compliance with the Act and such laws, the Certificateholder desiring to
        effect
        such transfer and such Certificateholder’s prospective transferee shall each
        certify to the Trust Administrator and the Depositor in writing the facts
        surrounding the transfer. In the event that such a transfer is not to be
        made
        pursuant to Rule 144A of the Act, there shall be delivered to the Trust
        Administrator and the Depositor of an Opinion of Counsel that such transfer
        may
        be made pursuant to an exemption from the Act, which Opinion of Counsel shall
        not be obtained at the expense of the Trustee, the Servicer, the Master
        Servicer, the Trust Administrator or the Depositor; or there shall be delivered
        to the Trust Administrator and the Depositor a transferor certificate by
        the
        transferor and an investment letter shall be executed by the transferee. The
        Holder hereof desiring to effect such transfer shall, and does hereby agree
        to,
        indemnify the Trust Administrator and the Depositor 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 to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Reference
        is hereby made to the further provisions of this Class P Certificate set
        forth
        on the reverse hereof, which further provisions shall for all purposes have
        the
        same effect as if set forth at this place.

       

      This
        Class P Certificate shall not be entitled to any benefit under the Agreement
        or
        be valid for any purpose unless manually countersigned by an authorized
        signatory of the Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class P Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      I
        (We)
        further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-19

       

      FORM
        OF
        CLASS R CERTIFICATE

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      THIS
        CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
        AMENDED
        (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
        THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
        REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
        OF
        THE AGREEMENT REFERRED TO HEREIN.

       

      THIS
        CLASS R CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND
        WILL
        NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.

       

      NEITHER
        THIS CERTIFICATE NOR ANY INTEREST HEREIN MAY BE TRANSFERRED UNLESS THE PROPOSED
        TRANSFEREE DELIVERS TO THE TRUST ADMINISTRATOR A TRANSFER AFFIDAVIT IN
        ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100%

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAT7

                 

              
	
                Class

                 

              	
                :

                 

              	
                R

                 

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        R

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      This
        Certificate does not evidence an obligation of, or an interest in, and is
        not
        guaranteed by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator or the Trustee referred to below or any of their respective
        affiliates.

       

      This
        certifies that Greenwich Capital Markets, Inc. is the registered owner of
        the
        Percentage Interest evidenced by this Certificate specified above in the
        interest represented by all Certificates of the Class to which this Certificate
        belongs in a Trust consisting primarily of the Mortgage Loans deposited by
        Financial Asset Securities Corp. (the “Depositor”). The Trust was created
        pursuant to a Pooling and Servicing Agreement dated as of February 1, 2007
        (the
“Agreement”) among the Depositor, Ocwen Loan Servicing, LLC as servicer (the
“Servicer”), Wells Fargo Bank, N.A. as master servicer and trust administrator
        (the “Master Servicer” and “Trust Administrator”), and Deutsche Bank National
        Trust Company, a national banking association, as trustee (the “Trustee”). To
        the extent not defined herein, the capitalized terms used herein have the
        meanings assigned 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 the acceptance hereof
        assents and by which such Holder is bound.

       

      This
        Certificate does not have a principal balance or pass-through rate and will
        be
        entitled to distributions only to the extent set forth in the Agreement.
        In
        addition, any distribution of the proceeds of any remaining assets of the
        Trust
        will be made only upon presentment and surrender of this Certificate at the
        Office or the office or agency maintained by the Trust
        Administrator.

       

      No
        transfer of a Certificate of this Class shall be made unless such transfer
        is
        made pursuant to an effective registration statement under the Act and any
        applicable state securities laws or is exempt from the registration requirements
        under said Act and such laws. In the event that a transfer is to be made
        in
        reliance upon an exemption from the Act and such laws, in order to assure
        compliance with the Act and such laws, the Certificateholder desiring to
        effect
        such transfer and such Certificateholder’s prospective transferee shall each
        certify to the Trust Administrator and the Depositor in writing the facts
        surrounding the transfer. In the event that such a transfer is not to be
        made
        pursuant to Rule 144A of the Act, there shall be delivered to the Trust
        Administrator and the Depositor of an Opinion of Counsel that such transfer
        may
        be made pursuant to an exemption from the Act, which Opinion of Counsel shall
        not be obtained at the expense of the Trustee, the Servicer, the Master
        Servicer, the Trust Administrator or the Depositor; or there shall be delivered
        to the Trust Administrator and the Depositor a transferor certificate by
        the
        transferor and an investment letter shall be executed by the transferee.
        The
        Holder hereof desiring to effect such transfer shall, and does hereby agree
        to,
        indemnify the Trust Administrator and the Depositor 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 to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Each
        Holder of this Certificate will be deemed to have agreed to be bound by the
        restrictions of the Agreement, including but not limited to the restrictions
        that (i) each person holding or acquiring any Ownership Interest in this
        Certificate must be a Permitted Transferee, (ii) no Ownership Interest in
        this
        Certificate may be transferred without delivery to the Trust Administrator
        of
        (a) a transfer affidavit of the proposed transferee and (b) a transfer
        certificate of the transferor, each of such documents to be in the form
        described in the Agreement, (iii) each person holding or acquiring any Ownership
        Interest in this Certificate must agree to require a transfer affidavit and
        to
        deliver a transfer certificate to the Trust Administrator as required pursuant
        to the Agreement, (iv) each person holding or acquiring an Ownership Interest
        in
        this Certificate must agree not to transfer an Ownership Interest in this
        Certificate if it has actual knowledge that the proposed transferee is not
        a
        Permitted Transferee and (v) 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.
        Pursuant to the Agreement, The Trust Administrator will provide the Internal
        Revenue Service and any pertinent persons with the information needed to
        compute
        the tax imposed under the applicable tax laws on transfers of residual interests
        to disqualified organizations, if any person other than a Permitted Transferee
        acquires an Ownership Interest on a Class R Certificate in violation of the
        restrictions mentioned above.

       

      Reference
        is hereby made to the further provisions of this Certificate set forth on
        the
        reverse hereof, which further provisions shall for all purposes have the
        same
        effect as if set forth at this place.

       

      This
        Certificate shall not be entitled to any benefit under the Agreement or be
        valid
        for any purpose unless manually countersigned by an authorized officer of
        the
        Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class R Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1 Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      I
        (We)
        further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-20

       

      FORM
        OF
        CLASS R-X CERTIFICATES

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      THIS
        CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
        AMENDED
        (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
        THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
        REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
        OF
        THE AGREEMENT REFERRED TO HEREIN.

       

      THIS
        CLASS R-X CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND
        WILL
        NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.

       

      NEITHER
        THIS CERTIFICATE NOR ANY INTEREST HEREIN MAY BE TRANSFERRED UNLESS THE PROPOSED
        TRANSFEREE DELIVERS TO THE TRUST ADMINISTRATOR A TRANSFER AFFIDAVIT IN
        ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                CUSIP

                 

              	
                :

                 

              	
                83612PAU4

                 

              
	
                Class

                 

              	
                :

                 

              	
                R-X

                 

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        R-X

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      This
        Certificate does not evidence an obligation of, or an interest in, and is
        not
        guaranteed by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator or the Trustee referred to below or any of their respective
        affiliates.

       

      This
        certifies that Greenwich Capital Markets, Inc. is the registered owner of
        the
        Percentage Interest evidenced by this Certificate specified above in the
        interest represented by all Certificates of the Class to which this Certificate
        belongs in a Trust consisting primarily of the Mortgage Loans deposited by
        Financial Asset Securities Corp. (the “Depositor”). The Trust was created
        pursuant to a Pooling and Servicing Agreement dated as of February 1, 2007
        (the
“Agreement”) among the Depositor, Ocwen Loan Servicing, LLC as servicer (the
“Servicer”), Wells Fargo Bank, N.A. as master servicer and trust administrator
        (the “Master Servicer” and “Trust Administrator”), and Deutsche Bank National
        Trust Company, a national banking association, as trustee (the “Trustee”). To
        the extent not defined herein, the capitalized terms used herein have the
        meanings assigned 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 the acceptance hereof
        assents and by which such Holder is bound.

       

      This
        Certificate does not have a principal balance or pass-through rate and will
        be
        entitled to distributions only to the extent set forth in the Agreement.
        In
        addition, any distribution of the proceeds of any remaining assets of the
        Trust
        will be made only upon presentment and surrender of this Certificate at the
        Office or the office or agency maintained by the Trust
        Administrator.

       

      No
        transfer of a Certificate of this Class shall be made unless such transfer
        is
        made pursuant to an effective registration statement under the Act and any
        applicable state securities laws or is exempt from the registration requirements
        under said Act and such laws. In the event that a transfer is to be made
        in
        reliance upon an exemption from the Act and such laws, in order to assure
        compliance with the Act and such laws, the Certificateholder desiring to
        effect
        such transfer and such Certificateholder’s prospective transferee shall each
        certify to the Trust Administrator and the Depositor in writing the facts
        surrounding the transfer. In the event that such a transfer is not to be
        made
        pursuant to Rule 144A of the Act, there shall be delivered to the Trust
        Administrator and the Depositor of an Opinion of Counsel that such transfer
        may
        be made pursuant to an exemption from the Act, which Opinion of Counsel shall
        not be obtained at the expense of the Trustee, the Servicer, the Master
        Servicer, the Trust Administrator or the Depositor; or there shall be delivered
        to the Trust Administrator and the Depositor a transferor certificate by
        the
        transferor and an investment letter shall be executed by the transferee.
        The
        Holder hereof desiring to effect such transfer shall, and does hereby agree
        to,
        indemnify the Trust Administrator and the Depositor 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 to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Each
        Holder of this Certificate will be deemed to have agreed to be bound by the
        restrictions of the Agreement, including but not limited to the restrictions
        that (i) each person holding or acquiring any Ownership Interest in this
        Certificate must be a Permitted Transferee, (ii) no Ownership Interest in
        this
        Certificate may be transferred without delivery to the Trust Administrator
        of
        (a) a transfer affidavit of the proposed transferee and (b) a transfer
        certificate of the transferor, each of such documents to be in the form
        described in the Agreement, (iii) each person holding or acquiring any Ownership
        Interest in this Certificate must agree to require a transfer affidavit and
        to
        deliver a transfer certificate to the Trust Administrator as required pursuant
        to the Agreement, (iv) each person holding or acquiring an Ownership Interest
        in
        this Certificate must agree not to transfer an Ownership Interest in this
        Certificate if it has actual knowledge that the proposed transferee is not
        a
        Permitted Transferee and (v) 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.
        Pursuant to the Agreement, the Trust Administrator will provide the Internal
        Revenue Service and any pertinent persons with the information needed to
        compute
        the tax imposed under the applicable tax laws on transfers of residual interests
        to disqualified organizations, if any person other than a Permitted Transferee
        acquires an Ownership Interest on a Class R-X Certificate in violation of
        the
        restrictions mentioned above.

       

      Reference
        is hereby made to the further provisions of this Certificate set forth on
        the
        reverse hereof, which further provisions shall for all purposes have the
        same
        effect as if set forth at this place.

       

      This
        Certificate shall not be entitled to any benefit under the Agreement or be
        valid
        for any purpose unless manually countersigned by an authorized officer of
        the
        Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class R-X Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      I
        (We)
        further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-21

       

      FORM
        OF
        CLASS X CERTIFICATES

       

      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,
        AS
        AMENDED (THE “CODE”).

       

      THIS
        CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
        AMENDED
        (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
        THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
        REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
        OF
        THE AGREEMENT REFERRED TO HEREIN.

       

      THIS
        CLASS X CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND
        WILL
        NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.

       

      NEITHER
        THIS CERTIFICATE NOR ANY INTEREST HEREIN MAY BE TRANSFERRED UNLESS THE PROPOSED
        TRANSFEREE DELIVERS TO THE TRUST ADMINISTRATOR A TRANSFER AFFIDAVIT IN
        ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      
        	
                Certificate
                  No.

                 

              	
                :

                 

              	
                1

                 

              
	
                Cut-off
                  Date

                 

              	
                :

                 

              	
                February
                  1, 2007

                 

              
	
                First
                  Distribution Date

                 

              	
                :

                 

              	
                March
                  26, 2007

                 

              
	
                Percentage
                  Interest

                 

              	
                :

                 

              	
                100.00%

                 

              
	
                Class

                 

              	
                :

                 

              	
                X

                 

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        X

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      This
        Certificate does not evidence an obligation of, or an interest in, and is
        not
        guaranteed by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator or the Trustee referred to below or any of their respective
        affiliates.

       

      This
        certifies that Greenwich Capital Markets, Inc. is the registered owner of
        the
        Percentage Interest evidenced by this Certificate specified above in the
        interest represented by all Certificates of the Class to which this Certificate
        belongs in a Trust consisting primarily of the Mortgage Loans deposited by
        Financial Asset Securities Corp. (the “Depositor”). The Trust was created
        pursuant to a Pooling and Servicing Agreement dated as of February 1, 2007
        (the
“Agreement”) among the Depositor, Ocwen Loan Servicing, LLC as servicer (the
“Servicer”), Wells Fargo Bank, N.A. as master servicer and trust administrator
        (the “Master Servicer” and “Trust Administrator”), and Deutsche Bank National
        Trust Company, a national banking association, as trustee (the “Trustee”). To
        the extent not defined herein, the capitalized terms used herein have the
        meanings assigned 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 the acceptance hereof
        assents and by which such Holder is bound.

       

      This
        Certificate does not have a principal balance or pass-through rate and will
        be
        entitled to distributions only to the extent set forth in the Agreement.
        In
        addition, any distribution of the proceeds of any remaining assets of the
        Trust
        will be made only upon presentment and surrender of this Certificate at the
        Office or the office or agency maintained by the Trust
        Administrator.

       

      No
        transfer of a Certificate of this Class shall be made unless such transfer
        is
        made pursuant to an effective registration statement under the Act and any
        applicable state securities laws or is exempt from the registration requirements
        under said Act and such laws. In the event that a transfer is to be made
        in
        reliance upon an exemption from the Act and such laws, in order to assure
        compliance with the Act and such laws, the Certificateholder desiring to
        effect
        such transfer and such Certificateholder’s prospective transferee shall each
        certify to the Trust Administrator and the Depositor in writing the facts
        surrounding the transfer. In the event that such a transfer is not to be
        made
        pursuant to Rule 144A of the Act, there shall be delivered to the Trust
        Administrator and the Depositor of an Opinion of Counsel that such transfer
        may
        be made pursuant to an exemption from the Act, which Opinion of Counsel shall
        not be obtained at the expense of the Trustee, the Servicer, the Master
        Servicer, the Trust Administrator or the Depositor; or there shall be delivered
        to the Trust Administrator and the Depositor a transferor certificate by
        the
        transferor and an investment letter shall be executed by the transferee.
        The
        Holder hereof desiring to effect such transfer shall, and does hereby agree
        to,
        indemnify the Trust Administrator and the Depositor 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 to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Each
        Holder of this Certificate will be deemed to have agreed to be bound by the
        restrictions of the Agreement, including but not limited to the restrictions
        that (i) each person holding or acquiring any Ownership Interest in this
        Certificate must be a Permitted Transferee, (ii) no Ownership Interest in
        this
        Certificate may be transferred without delivery to the Trust Administrator
        of
        (a) a transfer affidavit of the proposed transferee and (b) a transfer
        certificate of the transferor, each of such documents to be in the form
        described in the Agreement, (iii) each person holding or acquiring any Ownership
        Interest in this Certificate must agree to require a transfer affidavit and
        to
        deliver a transfer certificate to the Trust Administrator as required pursuant
        to the Agreement, (iv) each person holding or acquiring an Ownership Interest
        in
        this Certificate must agree not to transfer an Ownership Interest in this
        Certificate if it has actual knowledge that the proposed transferee is not
        a
        Permitted Transferee and (v) 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.
        Pursuant to the Agreement, the Trust Administrator will provide the Internal
        Revenue Service and any pertinent persons with the information needed to
        compute
        the tax imposed under the applicable tax laws on transfers of residual interests
        to disqualified organizations, if any person other than a Permitted Transferee
        acquires an Ownership Interest on a Class X Certificate in violation of the
        restrictions mentioned above.

       

      Reference
        is hereby made to the further provisions of this Certificate set forth on
        the
        reverse hereof, which further provisions shall for all purposes have the
        same
        effect as if set forth at this place.

       

      This
        Certificate shall not be entitled to any benefit under the Agreement or be
        valid
        for any purpose unless manually countersigned by an authorized officer of
        the
        Trust Administrator.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be
        duly
        executed.

       

      Dated:
        February __, 2007

       

      
        	
                SOUNDVIEW
                  HOME LOAN TRUST 2007-1

                 

              
	
                WELLS
                  FARGO BANK, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator

                 

              
	
                By:

              	 

      

      

      
        	
                 

                 

                This
                  is one of the Certificates referenced

                in
                  the within-mentioned Agreement

                 

              	 	 
	
                By:

              	 	 
	 	
                Authorized
                  Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                 

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      [Reverse
        of Class X Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trust
        Administrator and the Trustee and of Holders of the requisite percentage
        of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      I
        (We)
        further direct the Trust Administrator 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:_________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      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-22

      

      FORM
        OF
        CLASS FL CERTIFICATES

       

      THIS
        CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
        AMENDED
        (THE “ACT”). ANY RESALE OR TRANSFER OF THIS CERTIFICATE WITHOUT REGISTRATION
        THEREOF UNDER THE ACT MAY ONLY BE MADE IN A TRANSACTION EXEMPTED FROM THE
        REGISTRATION REQUIREMENTS OF THE ACT AND IN ACCORDANCE WITH THE PROVISIONS
        OF
        THE AGREEMENT REFERRED TO HEREIN.

       

      THIS
        CLASS FL CERTIFICATE HAS NO PRINCIPAL BALANCE, DOES NOT BEAR INTEREST AND
        WILL
        NOT RECEIVE ANY DISTRIBUTIONS EXCEPT AS PROVIDED HEREIN.

       

      NEITHER
        THIS CERTIFICATE NOR ANY INTEREST HEREIN MAY BE TRANSFERRED UNLESS THE PROPOSED
        TRANSFEREE DELIVERS TO THE TRUST ADMINISTRATOR A TRANSFER AFFIDAVIT IN
        ACCORDANCE WITH THE PROVISIONS OF THE AGREEMENT REFERRED TO HEREIN.

       

      NO
        TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT
        ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY
        ACT OF 1974, AS AMENDED (“ERISA”), SHALL BE MADE EXCEPT IN COMPLIANCE WITH THE
        PROCEDURES DESCRIBED HEREIN.

      

      
        	
                Certificate
                  No.

              	
                :

              	
                1

              
	 	 	 
	
                Cut-off
                  Date

              	
                :

              	
                February
                  1, 2007

              
	 	 	 
	
                First
                  Distribution Date

              	
                :

              	
                March
                  26, 2007

              
	 	 	 
	
                Percentage
                  Interest

              	
                :

              	
                100.00%

              
	 	 	 
	
                Class

              	
                :

              	
                FL

              

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      Series
        2007-1

      CLASS
        FL

       

      evidencing
        the Percentage Interest in the distributions allocable to the Certificates
        of
        the above-referenced Class with respect to the Trust consisting of first
        and
        second lien, fixed-rate and adjustable-rate mortgage loans (the “Mortgage
        Loans”)

       

      FINANCIAL
        ASSET SECURITIES CORP., AS DEPOSITOR

       

      This
        Certificate does not evidence an obligation of, or an interest in, and is
        not
        guaranteed by the Depositor, the Servicer, the Master Servicer, the Trustee
        or
        the Trust Administrator referred to below or any of their respective
        affiliates.

       

      This
        certifies that Greenwich Capital Financial Products, Inc. is the registered
        owner of the Percentage Interest evidenced by this Certificate specified
        above
        in the interest represented by all Certificates of the Class to which this
        Certificate belongs in a Trust consisting primarily of the Mortgage Loans
        deposited by Financial Asset Securities Corp. (the “Depositor”). The Trust was
        created pursuant to a Pooling and Servicing Agreement dated as of February
        1,
        2007 (the “Agreement”) among the Depositor, Ocwen Loan Servicing, LLC as
        servicer (the “Servicer”), Wells Fargo Bank, N.A. as master servicer and trust
        administrator (the “Master Servicer” and “Trust Administrator”), and Deutsche
        Bank National Trust Company, a national banking association, as trustee (the
        “Trustee”). To the extent not defined herein, the capitalized terms used herein
        have the meanings assigned 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 the acceptance
        hereof assents and by which such Holder is bound.

       

      This
        Certificate does not have a principal balance or pass-through rate and will
        be
        entitled to distributions only to the extent set forth in the Agreement.
        In
        addition, any distribution of the proceeds of any remaining assets of the
        Trust
        will be made only upon presentment and surrender of this Certificate at the
        Office or the office or agency maintained by the Trust
        Administrator.

       

      No
        transfer of a Certificate of this Class shall be made unless such transfer
        is
        made pursuant to an effective registration statement under the Act and any
        applicable state securities laws or is exempt from the registration requirements
        under said Act and such laws. In the event that a transfer is to be made
        in
        reliance upon an exemption from the Act and such laws, in order to assure
        compliance with the Act and such laws, the Certificateholder desiring to
        effect
        such transfer and such Certificateholder’s prospective transferee shall each
        certify to the Trust Administrator and the Depositor in writing the facts
        surrounding the transfer. In the event that such a transfer is not to be
        made
        pursuant to Rule 144A of the Act, there shall be delivered to the Trust
        Administrator and the Depositor of an Opinion of Counsel that such transfer
        may
        be made pursuant to an exemption from the Act, which Opinion of Counsel shall
        not be obtained at the expense of the Trustee, the Servicer, the Master
        Servicer, the Trust Administrator or the Depositor; or there shall be delivered
        to the Trust Administrator and the Depositor a transferor certificate by
        the
        transferor and an investment letter shall be executed by the transferee.
        The
        Holder hereof desiring to effect such transfer shall, and does hereby agree
        to,
        indemnify the Trust Administrator and the Depositor 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 to a Plan subject to ERISA or Section 4975 of
        the
        Code, any Person acting, directly or indirectly, on behalf of any such Plan
        or
        any person using Plan Assets to acquire this Certificate shall be made except
        in
        accordance with Section 5.02(d) of the Agreement.

       

      Each
        Holder of this Certificate will be deemed to have agreed to be bound by the
        restrictions of the Agreement, including but not limited to the restrictions
        that (i) each person holding or acquiring any Ownership Interest in this
        Certificate must be a Permitted Transferee, (ii) no Ownership Interest in
        this
        Certificate may be transferred without delivery to the Trust Administrator
        of
        (a) a transfer affidavit of the proposed transferee and (b) a transfer
        certificate of the transferor, each of such documents to be in the form
        described in the Agreement, (iii) each person holding or acquiring any Ownership
        Interest in this Certificate must agree to require a transfer affidavit and
        to
        deliver a transfer certificate to the Trust Administrator as required pursuant
        to the Agreement, (iv) each person holding or acquiring an Ownership Interest
        in
        this Certificate must agree not to transfer an Ownership Interest in this
        Certificate if it has actual knowledge that the proposed transferee is not
        a
        Permitted Transferee and (v) 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.
        Pursuant to the Agreement, the Trust Administrator will provide the Internal
        Revenue Service and any pertinent persons with the information needed to
        compute
        the tax imposed under the applicable tax laws on transfers of residual interests
        to disqualified organizations, if any person other than a Permitted Transferee
        acquires an Ownership Interest on a Class FL Certificate in violation of
        the
        restrictions mentioned above.

       

      Reference
        is hereby made to the further provisions of this Certificate set forth on
        the
        reverse hereof, which further provisions shall for all purposes have the
        same
        effect as if set forth at this place.

       

      This
        Certificate shall not be entitled to any benefit under the Agreement or be
        valid
        for any purpose unless manually countersigned by an authorized officer of
        the
        Trust Administrator.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

      

        IN
          WITNESS WHEREOF, the Trust Administrator has caused this Certificate to
          be duly
          executed.

         

        Dated:
          February __, 2007

         

        
          	
                  SOUNDVIEW
                    HOME LOAN TRUST 2007-1

                   

                
	
                  WELLS
                    FARGO BANK, N.A., not in its individual capacity, but solely
                    as Trust
                    Administrator

                   

                
	
                  By:

                	 

        

        

        
          	
                   

                   

                  This
                    is one of the Certificates referenced

                  in
                    the within-mentioned Agreement

                   

                	 	 
	
                  By:

                	 	 
	 	
                  Authorized
                    Signatory of Wells Fargo Bank, N.A., as Trust Administrator

                   

                	 

        

        

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      [Reverse
        of Class FL Certificate]

       

      Soundview
        Home Loan Trust 2007-1

      Asset-Backed
        Certificates,

      SERIES
        2007-1

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as
        Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series 2007-1
        (herein collectively called the “Certificates”), and representing a beneficial
        ownership interest in the Trust created by the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the funds on deposit in the Distribution Account for payment
        hereunder and that the Trust 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 thereby, and the rights, duties and immunities
        of the Trust Administrator.

       

      Pursuant
        to the terms of the Agreement, a distribution will be made on the 25th day
        of
        each month or, if such 25th day is not a Business Day, then the Business
        Day
        immediately following such Distribution Date (the “Distribution Date”),
        commencing on the first Distribution Date specified on the face hereof, to
        the
        Person in whose name this Certificate is registered at the close of business
        on
        the applicable Record Date in an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount required to be distributed
        to Holders of Certificates of the Class to which this Certificate belongs
        on
        such Distribution Date pursuant to the Agreement.

       

      Distributions
        on this Certificate shall be made by check or money order mailed to the address
        of the person entitled thereto as it appears on the Certificate Register
        or by
        wire transfer or otherwise, as set forth in the Agreement. The final
        distribution on each Certificate will be made in like manner, but only upon
        presentment and surrender of such Certificate at the office of the Trust
        Administrator or the Trust Administrator’s agent specified in the notice to
        Certificateholders of such final distribution.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Trust
        Administrator and the rights of the Certificateholders under the Agreement
        at
        any time by the Depositor, the Servicer, the Master Servicer, the Trustee
        and
        the Trust Administrator and of Holders of the requisite percentage of the
        Percentage Interests of each Class of Certificates affected by such amendment,
        as specified in the Agreement. 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 exchange therefor 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 in the Certificate Register
        of
        the Certificate Registrar upon surrender of this Certificate for registration
        of
        transfer at the offices or agencies of the Trust Administrator as provided
        in
        the Pooling and Servicing Agreement accompanied by a written instrument of
        transfer in form satisfactory to the Trust Administrator and the Certificate
        Registrar duly executed by the holder hereof or such holder’s attorney duly
        authorized in writing, and thereupon one or more new Certificates of the
        same
        Class in authorized denominations and evidencing the same aggregate Percentage
        Interest in the Trust will be issued to the designated transferee or
        transferees.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in
        denominations specified in the Agreement. As provided in the Agreement and
        subject to certain limitations therein set forth, Certificates are exchangeable
        for new Certificates of the same Class in authorized denominations and
        evidencing the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made for any such registration of transfer or exchange,
        but the Trust Administrator may require payment of a sum sufficient to cover
        any
        tax or other governmental charge payable in connection therewith.

       

      The
        Depositor, the Servicer, the Master Servicer, the Trust Administrator and
        the
        Trustee and any agent of the Depositor, the Servicer, the Master Servicer,
        the
        Trust Administrator or the Trustee may treat the Person in whose name this
        Certificate is registered as the owner hereof for all purposes, and none
        of the
        Depositor, the Trustee, the Servicer, the Master Servicer, the Trust
        Administrator or any such agent shall be affected by any notice to the
        contrary.

       

      On
        any
        Distribution Date following the date at which the remaining aggregate Principal
        Balance of the Mortgage Loans is less than 10% of the aggregate Stated Principal
        Balance of the Mortgage Loans as of the Cut-off Date, the Servicer may purchase,
        in whole, from the Trust the Mortgage Loans at a purchase price determined
        as
        provided in the Agreement. In the event that no such optional termination
        occurs, the obligations and responsibilities created by the Agreement will
        terminate upon notice to the Trust Administrator upon the earliest of (i)
        the
        Distribution Date on which the Certificate Principal Balances of the Regular
        Certificates have been reduced to zero, (ii) the final payment or other
        liquidation of the last Mortgage Loan in the Trust, (iii) the optional purchase
        by the Servicer of the Mortgage Loans as described in the Agreement and (iv)
        the
        Distribution Date in March 2037.

       

      Capitalized
        terms used herein that are defined in the Agreement shall have the meanings
        ascribed to them in the Agreement, and nothing herein shall be deemed
        inconsistent with that meaning.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      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)

       

      the
        Percentage Interest evidenced by the within Certificate and hereby authorizes
        the transfer of registration of such Percentage Interest to assignee on the
        Certificate Register of the Trust.

       

      I
        (We)
        further direct the Trust Administrator 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:_________________

       

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      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

       

      [RESERVED]

       

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        C-1

       

      FORM
        OF
        MORTGAGE LOAN PURCHASE AGREEMENT 

       

      

        GREENWICH
          CAPITAL FINANCIAL PRODUCTS, INC.,

         

        as
          Seller

         

        and

         

        FINANCIAL
          ASSET SECURITIES CORP.,

         

        as
          Purchaser

         

        MORTGAGE
          LOAN PURCHASE AGREEMENT

         

        Dated
          as
          of February 23, 2007

         

        Adjustable-Rate
          and Fixed-Rate Mortgage Loans

         

        Soundview
          Home Loan Trust 2007-1

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        Table
          of Contents

         

        
          	
                   

                  ARTICLE
                    I

                  DEFINITIONS

                   

                
	
                  Section
                    1.01

                	
                  Definitions

                
	
                   

                  ARTICLE
                    II

                  SALE
                    OF MORTGAGE LOANS; PAYMENT OF PURCHASE PRICE

                   

                
	
                  Section
                    2.01

                	
                  Sale
                    of Mortgage Loans

                
	
                  Section
                    2.02

                	
                  Obligations
                    of the Seller and Seller Upon Sale

                
	
                  Section
                    2.03

                	
                  Payment
                    of Purchase Price for the Mortgage Loans.

                
	
                   

                  ARTICLE
                    III

                  REPRESENTATIONS
                    AND WARRANTIES; REMEDIES FOR BREACH

                   

                
	
                  Section
                    3.01

                	
                  Seller
                    Representations and Warranties Relating to the Mortgage
                    Loans.

                
	
                  Section
                    3.02

                	
                  Seller
                    Representations and Warranties Relating to the Seller

                
	
                  Section
                    3.03

                	
                  Remedies
                    for Breach of Representations and Warranties

                
	
                   

                  ARTICLE
                    IV

                  SELLER’S
                    COVENANTS

                   

                
	
                  Section
                    4.01

                	
                  Covenants
                    of the Seller

                
	
                   

                  ARTICLE
                    V

                  INDEMNIFICATION
                    WITH RESPECT TO THE MORTGAGE LOANS

                   

                
	
                  Section
                    5.01

                	
                  Indemnification.

                
	
                   

                  ARTICLE
                    VI

                  TERMINATION

                   

                
	
                  Section
                    6.01

                	
                  Termination

                
	
                   

                  ARTICLE
                    VII

                  MISCELLANEOUS
                    PROVISIONS

                   

                
	
                  Section
                    7.01

                	
                  Amendment

                
	
                  Section
                    7.02

                	
                  Governing
                    Law

                
	
                  Section
                    7.03

                	
                  Notices

                
	
                  Section
                    7.04

                	
                  Severability
                    of Provisions

                
	
                  Section
                    7.05

                	
                  Counterparts

                
	
                  Section
                    7.06

                	
                  Further
                    Agreements

                
	
                  Section
                    7.07

                	
                  Intention
                    of the Parties

                
	
                  Section
                    7.08

                	
                  Successors
                    and Assigns; Assignment of Purchase Agreement

                
	
                  Section
                    7.09

                	
                  Survival

                
	 	 
	 	 
	
                  EXHIBIT
                    1

                   

                	
                  List
                    of Servicing Agreements

                   

                

        

        

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        MORTGAGE
          LOAN PURCHASE AGREEMENT, dated as of February 23, 2007 (the “Agreement”),
          between Greenwich Capital Financial Products, Inc. (the “Seller” or “GCFP”) and
          Financial Asset Securities Corp. (the “Purchaser” or “FASCO”).

         

        WITNESSETH

         

        WHEREAS,
          the Seller is the owner of (a) the notes or other evidence of indebtedness
          (the
“Mortgage Notes”) so indicated on Schedule I hereto referred to below and (b)
          the other documents or instruments constituting the Mortgage File (collectively,
          the “Mortgage Loans”); and

         

        WHEREAS,
          the Seller, as of the date hereof, owns the mortgages (the “Mortgages”) on the
          properties (the “Mortgaged Properties”) securing such Mortgage Loans, including
          rights to (a) any property acquired by foreclosure or deed in lieu of
          foreclosure or otherwise and (b) the proceeds of any insurance policies
          covering
          the Mortgage Loans or the Mortgaged Properties or the obligors on the Mortgage
          Loans; and

         

        WHEREAS,
          the parties hereto desire that the Seller sell the Mortgage Loans to the
          Purchaser pursuant to the terms of this Agreement; and

         

        WHEREAS,
          pursuant to the terms of a Pooling and Servicing Agreement dated as of
          February
          1, 2007 (the “Pooling and Servicing Agreement”) among the Purchaser as
          depositor, Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo
          Bank, N.A. as master servicer and trust administrator (the “Master Servicer” and
“Trust Administrator”) and Deutsche Bank National Trust Company as trustee (the
“Trustee”), the Purchaser will convey the Mortgage Loans to Soundview Home Loan
          Trust 2007-1 (the “Trust”).

         

        NOW,
          THEREFORE, in consideration of the mutual covenants herein contained, the
          parties hereto agree as follows:

         

         

         

        ARTICLE
          I

         

        DEFINITIONS

         

        Section
          1.01  Definitions.
          All
          capitalized terms used but not defined herein and below shall have the
          meanings
          assigned thereto in the Pooling and Servicing Agreement.

         

        “Seller
          Information”:
          The
          information contained in the Prospectus Supplement, read either individually
          or
          collectively under “SUMMARY OF TERMS—Mortgage Loans,” the first sentence of the
          fourth bullet point under “RISK FACTORS—Unpredictability of Prepayments and
          Effect on Yields,” the first sentence under “RISK FACTORS—High Loan-to-Value
          Ratios Increase Risk of Loss,” the first sentence under “RISK FACTORS—Interest
          Only Mortgage Loans,” the second sentence of the third bullet point under “RISK
          FACTORS—Interest Generated by the Mortgage Loans May Be Insufficient to Maintain
          Overcollateralization,” “THE MORTGAGE POOL,” the first sentence of the seventh
          paragraph under “YIELD, PREPAYMENT AND MATURITY CONSIDERATIONS” and “THE
          SELLER.”

         

         

         

        ARTICLE
          II

         

        SALE
          OF
          MORTGAGE LOANS; PAYMENT OF PURCHASE PRICE

         

        Section
          2.01  Sale
          of Mortgage Loans.
          The
          Seller, concurrently with the execution and delivery of this Agreement,
          does
          hereby sell, assign, set over, and otherwise convey to the Purchaser, without
          recourse, (i) all of its right, title and interest in and to each Mortgage
          Loan,
          including the related Cut-off Date Principal Balance, all interest accruing
          thereon on or after the Cut-off Date and all collections in respect of
          interest
          and principal due after the Cut-off Date; (ii) property which secured such
          Mortgage Loan and which has been acquired by foreclosure or deed in lieu
          of
          foreclosure; (iii) its interest in any insurance policies in respect of
          the
          Mortgage Loans (iv) the right to receive any amounts under the Interest
          Rate Cap
          Agreement and the Basis Risk Cap Agreement, (v) all proceeds of any of
          the
          foregoing and (vi) all of its rights under the Servicing Agreements set
          forth in
          Exhibit 1. 

         

        Section
          2.02  Obligations
          of the Seller and Seller Upon Sale.
          In
          connection with any transfer pursuant to Section 2.01 hereof, the Seller
          further
          agrees, at its own expense on or prior to the Closing Date, (a) to cause
          its
          books and records to indicate that the Mortgage Loans have been sold to
          the
          Purchaser pursuant to this Agreement and (b) to deliver to the Purchaser
          and the
          Trustee a computer file containing a true and complete list of all such
          Mortgage
          Loans specifying for each such Mortgage Loan, as of the Cut-off Date, (i)
          its
          account number and (ii) the Cut-off Date Principal Balance. Such file,
          which
          forms a part of Exhibit D to the Pooling and Servicing Agreement, shall
          also be
          marked as Schedule I to this Agreement and is hereby incorporated into
          and made
          a part of this Agreement.

         

        In
          connection with any conveyance by the Seller, the Seller shall on behalf
          of the
          Purchaser deliver to, and deposit with the Trustee (or the Custodian on
          behalf
          of the Trustee), as assignee of the Purchaser, on or before the Closing
          Date,
          the following documents or instruments with respect to each Mortgage
          Loan:

         

        (i)  the
          original Mortgage Note, endorsed either (A) in blank, in which case the
          Trustee
          shall cause the endorsement to be completed or (B) in the following form:
“Pay
          to the order of Deutsche Bank National Trust Company, as Trustee,” or with
          respect to any lost Mortgage Note, an original Lost Note Affidavit stating
          that
          the original mortgage note was lost, misplaced or destroyed, together with
          a
          copy of the related mortgage note; provided,
          however,
          that
          such substitutions of Lost Note Affidavits for original Mortgage Notes
          may occur
          only with respect to Mortgage Loans, the aggregate Cut-off Date Principal
          Balance of which is less than or equal to 1.00% of the Pool Balance as
          of the
          Cut-off Date;

         

        (ii)  the
          original Mortgage 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 or, if such Mortgage or power of attorney
          has
          been submitted for recording but has not been returned from the applicable
          public recording office, has been lost or is not otherwise available, a
          copy of
          such Mortgage or power of attorney, as the case may be, certified to be
          a true
          and complete copy of the original submitted for recording;

         

        (iii)  an
          original Assignment, in form and substance acceptable for recording. The
          Mortgage shall be assigned either (A) in blank, without recourse or (B)
          to
“Deutsche Bank National Trust Company, as Trustee”;

         

        (iv)  an
          original copy of any intervening assignment of Mortgage showing a complete
          chain
          of assignments;

         

        (v)  the
          original or a certified copy of lender’s title insurance policy;
          and

         

        (vi)  the
          original or copies of each assumption, modification, written assurance,
          substitution agreement or guarantee, if any.

         

        The
          Seller hereby confirms to the Purchaser and the Trustee that it has caused
          the
          appropriate entries to be made in its general accounting records to indicate
          that such Mortgage Loans have been transferred to the Trustee and constitute
          part of the Trust in accordance with the terms of the Pooling and Servicing
          Agreement.

         

        If
          any of
          the documents referred to in Section 2.02(ii), (iii) or (iv) above has
          as of the
          Closing Date been submitted for recording but either (x) has not been returned
          from the applicable public recording office or (y) has been lost or such
          public
          recording office has retained the original of such document, the obligations
          of
          the Seller to deliver such documents shall be deemed to be satisfied upon
          (1)
          delivery to the Trustee or the Custodian, no later than the Closing Date,
          of a
          copy of each such document certified by the Seller in the case of (x) above
          or
          the applicable public recording office in the case of (y) above to be a
          true and
          complete copy of the original that was submitted for recording and (2)
          if such
          copy is certified by the Seller, delivery to the Trustee or the Custodian,
          promptly upon receipt thereof of either the original or a copy of such
          document
          certified by the applicable public recording office to be a true and complete
          copy of the original. If the original lender’s title insurance policy, or a
          certified copy thereof, was not delivered pursuant to Section 2.02(v) above.
          The
          Seller shall deliver or cause to be delivered to the Trustee or the Custodian,
          the original or a copy of a written commitment or interim binder or preliminary
          report of title issued by the title insurance or escrow company, with the
          original or a certified copy thereof to be delivered to the Trustee or
          the
          Custodian, promptly upon receipt thereof. The Seller shall deliver or cause
          to
          be delivered to the Trustee or the Custodian promptly upon receipt thereof
          any
          other documents constituting a part of a Mortgage File received with respect
          to
          any Mortgage Loan, including, but not limited to, any original documents
          evidencing an assumption or modification of any Mortgage Loan.

         

        Upon
          discovery or receipt of notice of any materially defective document in,
          or that
          a document is missing from, a Mortgage File, the Seller shall have 120
          days to
          cure such defect or deliver such missing document to the Purchaser. If
          the
          Seller does not cure such defect or deliver such missing document within
          such
          time period, the Seller shall either repurchase or substitute for such
          Mortgage
          Loan pursuant to Section 2.03 of the Pooling and Servicing
          Agreement.

         

        The
          Seller shall cause the Assignments which were delivered in blank to be
          completed
          and shall cause all Assignments referred to in Section 2.02(iii) hereof
          and, to
          the extent necessary, in Section 2.02(iv) hereof to be recorded. The Seller
          shall be required to deliver such assignments for recording within 180
          days of
          the Closing Date. In the event that any such Assignment is lost or returned
          unrecorded because of a defect therein, the Seller shall promptly have
          a
          substitute Assignment prepared or have such defect cured, as the case may
          be,
          and thereafter cause each such Assignment to be duly recorded.

         

        Notwithstanding
          the foregoing, for administrative convenience and facilitation of servicing
          and
          to reduce closing costs, the Assignments of Mortgage shall not be required
          to be
          submitted for recording (except with respect to any Mortgage Loan located
          in
          Maryland) unless such failure to record would result in a withdrawal or
          a
          downgrading by any Rating Agency of the rating on any Class of Certificates;
          provided,
          however,
          each
          Assignment 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 Holders of Certificates entitled
          to at
          least 25% of the Voting Rights, (ii) the occurrence of a Servicer Event
          of
          Termination, (iii) the occurrence of a bankruptcy, insolvency or foreclosure
          relating to the Servicer, (iv) the occurrence of a servicing transfer as
          described in Section 7.02 of the Pooling and Servicing Agreement, (v) upon
          receipt of notice from the Servicer, the occurrence of a bankruptcy, insolvency
          or foreclosure relating to the Mortgagor under the related Mortgage and
          (vi)
          upon receipt of notice from the Servicer, any Mortgage Loan that is 90
          days or
          more Delinquent. Upon receipt of written notice from the Purchaser that
          recording of the Assignments is required pursuant to one or more of the
          conditions set forth in the preceding sentence, the Seller shall be required
          to
          deliver such Assignments for recording as provided above, promptly and
          in any
          event within 30 days following receipt of such notice. The Seller shall
          furnish
          the Trustee (or the Custodian on behalf of the Trustee), or its designated
          agent, with a copy of each Assignment submitted for recording.

         

        In
          the
          event that any Mortgage Note is endorsed in blank as of the Closing Date,
          promptly following the Closing Date, the Trustee (or the Custodian on behalf
          of
          the Trustee), at the expense of the Seller, shall cause to be completed
          such
          endorsements “Pay to the order of Deutsche Bank National Trust Company, as
          Trustee, without recourse.”

         

        The
          Purchaser hereby acknowledges its acceptance of all right, title and interest
          to
          the Mortgage Loans and other property, now existing and hereafter created,
          conveyed to it pursuant to Section 2.01.

         

        The
          parties hereto intend that the transaction set forth herein be a sale by
          the
          Seller to the Purchaser of all the Seller’s right, title and interest in and to
          the Mortgage Loans and other property described above. In the event the
          transaction set forth herein is deemed not to be a sale, the Seller hereby
          grants to the Purchaser a security interest in all of the Seller’s right, title
          and interest in, to and under the Mortgage Loans and other property described
          above, whether now existing or hereafter created, to secure all of the
          Seller’s
          obligations hereunder; and this Agreement shall constitute a security agreement
          under applicable law.

         

        Section
          2.03  Payment
          of Purchase Price for the Mortgage Loans.

         

        In
          consideration of the sale of the Mortgage Loans originated by Mortgage
          Lenders
Network
          USA
          from the
          Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay
          to the
          Seller on the Closing Date (the “Purchase Price”) by transfer of (i) immediately
          available funds in an amount equal to a portion of the net sale proceeds
          of the
          Floating Rate Certificates and the Residual Certificates and (ii) a certain
          percentage of the Class C Certificates, the Class P Certificates and the
          Class
          FL Certificates (collectively the “Retained Certificates”) which Retained
          Certificates shall be registered in the name of Greenwich Capital Financial
          Products, Inc. or its designee. The Seller shall pay, and be billed directly
          for, all expenses incurred by the Purchaser in connection with the issuance
          of
          the Certificates, including, without limitation, printing fees incurred
          in
          connection with the prospectus relating to the Certificates, blue sky
          registration fees and expenses, fees and expenses of Purchaser’s counsel, fees
          of the rating agencies requested to rate the Certificates, accountant’s fees and
          expenses and the fees and expenses of the Trustee and other out-of-pocket
          costs,
          if any.

         

         

         

        ARTICLE
          III

         

        REPRESENTATIONS
          AND WARRANTIES; REMEDIES FOR BREACH

         

        Section
          3.01  Seller
          Representations and Warranties Relating to the Mortgage Loans.

         

        The
          Seller and the Purchaser understand, acknowledge and agree that, the
          representations and warranties set forth in this Section 3.01 are made
          as of the
          Closing Date or as of the date specifically provided herein.

         

        Unless
          otherwise specified, all capitalized terms in this Section 3.01 shall have
          the
          meanings ascribed to them in the Master Mortgage Loan Purchase and Interim
          Servicing Agreement, dated December 1, 2006, between Mortgage Lenders Network
          USA, Inc. as seller and interim servicer and Greenwich Capital Financial
          Products, Inc. as initial purchaser. 

         

        GCFP
          hereby represents and warrants with respect to the Mortgage Loans to FASCO
          that
          as of the Closing Date or as of such date specifically provided
          herein:

         

        (a)(i)
           The
          information set forth in the related Mortgage Loan Schedule is complete,
          true
          and correct;

         

        (ii)  To
          the
          best of the Seller’s knowledge, there are no delinquent taxes, ground rents,
          water charges, sewer rents, assessments, insurance premiums, leasehold
          payments,
          including assessments payable in future installments or other outstanding
          charges affecting the related Mortgaged Property;

         

        (iii)  The
          terms
          of the Mortgage Note and the Mortgage have not been 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, and which have been delivered to the Custodian; the substance
          of
          any such waiver, alteration or modification has been approved by the title
          insurer, to the extent required by the related policy, and is reflected
          on the
          related Mortgage Loan Schedule. No instrument of waiver, alteration or
          modification has been executed, and 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 Custodian and the terms of which are reflected
          in the
          related Mortgage Loan Schedule;

         

        (iv)  The
          Mortgage Note and the Mortgage are not subject to any right of rescission,
          set-off, counterclaim or defense, including the defense of usury, nor will
          the
          operation of any of the terms of the Mortgage Note and the Mortgage, or
          the
          exercise of any right thereunder, render the Mortgage unenforceable, in
          whole or
          in part, or subject to any right of rescission, set-off, counterclaim or
          defense, including the defense of usury and no such right of rescission,
          set-off, counterclaim or defense has been asserted with respect thereto.
          Each
          Prepayment Charge or penalty with respect to any Mortgage Loan is permissible,
          enforceable and collectible under applicable federal, state and local
          law;

         

        (v)  All
          buildings upon the Mortgaged Property are insured by a Qualified Insurer
          against
          loss by fire, hazards of extended coverage and such other hazards as are
          customary in the area where the Mortgaged Property is located, pursuant
          to
          insurance policies providing coverage in an amount not less than the greatest
          of
          (i) 100% of the replacement cost of all improvements to the Mortgaged Property,
          (ii) either (A) the outstanding principal balance of the Mortgage Loan
          with
          respect to each first lien Mortgage Loan or (B) with respect to each second
          lien
          Mortgage Loan, the sum of the outstanding principal balance of the related
          first
          lien mortgage loan and the outstanding principal balance of the second
          lien
          Mortgage Loan, or (iii) the amount necessary to avoid the operation of
          any
          co-insurance provisions with respect to the Mortgaged Property, and consistent
          with the amount that would have been required as of the date of origination
          in
          accordance with the Underwriting Guidelines. All such insurance policies
          contain
          a standard mortgagee clause naming the Seller, its successors and assigns
          as
          mortgagee and all premiums thereon have been paid. 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 which policy conforms to the requirements of
          prudent
          lenders in the secondary mortgage market. 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;

         

        (vi)  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;

         

        (vii)  The
          Mortgage (including any Negative Amortization which may arise thereunder)
          is a
          valid, existing and enforceable (A) first lien and first priority security
          interest with respect to each Mortgage Loan which is indicated by the Seller
          to
          be a first lien (as reflected on the Mortgage Loan Schedule), or (B) second
          lien
          and second priority security interest with respect to each Mortgage Loan
          which
          is indicated by the Seller to be a second lien (as reflected on the Mortgage
          Loan Schedule), in either case, on the Mortgaged Property, including all
          improvements on the Mortgaged Property subject only to (a) the lien of
          current
          real property taxes and assessments not yet due and payable, (b) covenants,
          conditions and restrictions, rights of way, easements and other matters
          of the
          public record as of the date of recording being acceptable to mortgage
          lending
          institutions generally and specifically referred to in the lender's title
          insurance policy delivered to the originator of the Mortgage Loan and which
          do
          not adversely affect the Appraised Value of the Mortgaged Property, (c)
          with
          respect to each Mortgage Loan which is indicated by the Seller to be a
          second
          lien Mortgage Loan (as reflected on the Mortgage Loan Schedule) a first
          lien on
          the Mortgaged Property; and (d) 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 the Mortgage or the use, enjoyment,
          value or
          marketability of the related Mortgaged Property. Any security agreement,
          chattel
          mortgage or equivalent document related to and delivered in connection
          with the
          Mortgage Loan establishes and creates a valid, existing and enforceable
          first or
          second lien and first or second priority security interest (in each case,
          as
          indicated on the Mortgage Loan Schedule) on the property described therein
          and
          the Seller has full right to sell and assign the same to the Purchaser.
          The
          Mortgaged Property was not, as of the time of origination of the Mortgage
          Loan,
          subject to a mortgage, deed of trust, deed to secure debt or other security
          instrument creating a lien subordinate to the lien of the Mortgage;

         

        (viii)  The
          Mortgage Note and the related Mortgage are genuine and each is the legal,
          valid
          and binding obligation of the maker thereof, enforceable in accordance
          with its
          terms;

         

        (ix)  All
          parties to the Mortgage Note and the Mortgage had legal capacity to enter
          into
          the Mortgage Loan and to execute and deliver the Mortgage Note and the
          Mortgage,
          and the Mortgage Note and the Mortgage have been duly and properly executed
          by
          such parties. The Mortgagor is a natural person;

         

        (x)  The
          proceeds of the Mortgage Loan have been fully disbursed to or for the account
          of
          the Mortgagor and there is no obligation for the Mortgagee to advance additional
          funds thereunder and any and all requirements as to completion of any on-site
          or
          off-site improvement and as to disbursements of any escrow funds therefor
          have
          been complied with. All costs, fees and expenses incurred in making or
          closing
          the Mortgage Loan and the recording of the Mortgage have been paid, and
          the
          Mortgagor is not entitled to any refund of any amounts paid or due to the
          Mortgagee pursuant to the Mortgage Note or Mortgage;

         

        (xi)  All
          parties which have had any interest in the Mortgage Loan, whether as mortgagee,
          assignee, pledgee or otherwise, are (or, during the period in which they
          held
          and disposed of such interest, were) in compliance with any and all applicable
          “doing business” and licensing requirements of the laws of the state wherein the
          Mortgaged Property is located;

         

        (xii)  The
          Mortgage Loan is covered by an American Land Title Association (“ALTA”) lender’s
          title insurance policy (which, in the case of an Adjustable Rate Mortgage
          Loan
          has an adjustable rate mortgage endorsement in the form of ALTA 6.0 or
          6.1)
          acceptable to prudent lenders in the secondary mortgage market, issued
          by a
          title insurer acceptable to prudent lenders in the secondary mortgage market
          and
          qualified to do business in the jurisdiction where the Mortgaged Property
          is
          located, insuring (subject to the exceptions contained in (x)(a) and (b),
          and
          with respect to any second lien Mortgage Loan (c), above) the Seller, its
          successors and assigns as to the first or second priority lien (as indicated
          on
          the Mortgage Loan Schedule) of the Mortgage in the original principal amount
          of
          the Mortgage Loan (including, if the Mortgage Loan provides for Negative
          Amortization, the maximum amount of Negative Amortization in accordance
          with the
          Mortgage) and, with respect to any Adjustable Rate Mortgage Loan, against
          any
          loss by reason of the invalidity or unenforceability of the lien resulting
          from
          the provisions of the Mortgage providing for adjustment in the Mortgage
          Interest
          Rate and Monthly Payment and Negative Amortization provisions of the Mortgage
          Note. Additionally, such lender's title insurance policy affirmatively
          insures
          ingress and egress to and from the Mortgaged Property, and against encroachments
          by or upon the Mortgaged Property or any interest therein. The Seller is
          the
          sole insured of such lender's title insurance policy, and such lender’s title
          insurance policy is in full force and effect and will be in full force
          and
          effect upon the consummation of the transactions contemplated by this Agreement.
          No claims are outstanding and, except as disclosed, have been made under
          such
          lender's title insurance policy, and no prior holder of the related Mortgage,
          including the Seller, has done, by act or omission, anything which would
          impair
          the coverage of such lender's title insurance policy; 

         

        (xiii)  To
          the
          best of the Seller’s knowledge, there is no default, breach, violation 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 default, breach, violation or event
          of
          acceleration, and the Seller has not waived any default, breach, violation
          or
          event of acceleration. With respect to each second lien Mortgage Loan (i)
          the
          first lien mortgage loan is in full force and effect, (ii) there is no
          default,
          breach, violation or event of acceleration existing under such first lien
          mortgage or the related mortgage note, (iii) no event which, with the passage
          of
          time or with notice and the expiration of any grace or cure period, would
          constitute a default, breach, violation or event of acceleration thereunder,
          (iv) either (A) the first lien mortgage contains a provision which allows
          or (B)
          applicable law requires, the mortgagee under the second lien Mortgage Loan
          to
          receive notice of, and affords such mortgagee an opportunity to cure any
          default
          by payment in full or otherwise under the first lien mortgage, (v) the
          related
          first lien does not provide for or permit negative amortization under such
          first
          lien Mortgage Loan, and (vi) either no consent for the Mortgage Loan is
          required
          by the holder of the first lien or such consent has been obtained and is
          contained in the Mortgage File; 

         

        (xiv)  There
          are
          no mechanics' or similar liens or claims which have been filed for work,
          labor
          or material (and no rights are outstanding that under law could give rise
          to
          such lien) affecting the related Mortgaged Property which are or may be
          liens
          prior to, or equal or coordinate with, the lien of the related
          Mortgage;

         

        (xv)  To
          the
          best of the Seller’s knowledge, all improvements which were considered in
          determining the Appraised Value of the related Mortgaged Property lay wholly
          within the boundaries and building restriction lines of the Mortgaged Property,
          and no improvements on adjoining properties encroach upon the Mortgaged
          Property;

         

        (xvi)  The
          Mortgage Loan was originated by the Seller or by a savings and loan association,
          a savings bank, a commercial bank or similar banking institution which
          is
          supervised and examined by a federal or state authority, or by a mortgagee
          approved as such by the Secretary of HUD;

         

        (xvii)  Principal
          payments on the Mortgage Loan commenced no more than sixty (60) days after
          the
          proceeds of the Mortgage Loan were disbursed. The Mortgage Loan bears interest
          at the Mortgage Interest Rate. With respect to each Mortgage Loan which
          is not a
          Negative Amortization Loan, the Mortgage Note is payable on the first day
          of
          each month in Monthly Payments, which, in the case of a Fixed Rate Mortgage
          Loan, are sufficient to fully amortize the original principal balance over
          the
          original term thereof (other than with respect to a Mortgage Loan identified
          on
          the related Mortgage Loan Schedule as an interest-only Mortgage Loan during
          the
          interest-only period or a Mortgage Loan which is identified on the related
          Mortgage Loan Schedule as a Balloon Mortgage Loan) and to pay interest
          at the
          related Mortgage Interest Rate, and, in the case of an Adjustable Rate
          Mortgage
          Loan, are changed on each Adjustment Date, and in any case, are sufficient
          to
          fully amortize the original principal balance over the original term thereof
          (other than with respect to a Mortgage Loan identified on the related Mortgage
          Loan Schedule as an interest-only Mortgage Loan during the interest-only
          period
          or a Mortgage Loan which is identified on the related Mortgage Loan Schedule
          as
          a Balloon Mortgage Loan) and to pay interest at the related Mortgage Interest
          Rate. With respect to each Negative Amortization Mortgage Loan, the related
          Mortgage Note requires a Monthly Payment which is sufficient during the
          period
          following each Payment Adjustment Date, to fully amortize the outstanding
          principal balance as of the first day of such period (including any Negative
          Amortization) over the then remaining term of such Mortgage Note and to
          pay
          interest at the related Mortgage Interest Rate; provided, that the Monthly
          Payment shall not increase to an amount that exceeds 107.5% of the amount
          of the
          Monthly Payment that was due immediately prior to the Payment Adjustment
          Date;
          provided, further, that the payment adjustment cap shall not be applicable
          with
          respect to the adjustment made to the Monthly Payment that occurs in a
          year in
          which the Mortgage Loan has been outstanding for a multiple of five (5)
          years
          and in any such year the Monthly Payment shall be adjusted to fully amortize
          the
          Mortgage Loan over the remaining term. With respect to each Mortgage Loan
          identified on the Mortgage Loan Schedule as an interest-only Mortgage Loan,
          the
          interest-only period shall not exceed ten (10) years (or such other period
          specified on the Mortgage Loan Schedule) and following the expiration of
          such
          interest-only period, the remaining Monthly Payments shall be sufficient
          to
          fully amortize the original principal balance over the remaining term of
          the
          Mortgage Loan and to pay interest at the related Mortgage Interest Rate.
          With
          respect to each Balloon Mortgage Loan, the Mortgage Note requires a monthly
          payment which is sufficient to fully amortize the original principal balance
          over a term which is longer than the original term thereof, and to pay
          interest
          at the related Mortgage Interest Rate, and requires a final Monthly Payment
          substantially greater than the preceding monthly payment which is sufficient
          to
          repay the remaining unpaid principal balance of the Balloon Mortgage Loan
          at the
          Due Date of such monthly payment. The Index for each Adjustable Rate Mortgage
          Loan is as set forth on the Mortgage Loan Schedule. No Mortgage Loan is
          a
          Convertible Mortgage Loan. No Balloon Mortgage Loan has an original stated
          maturity of less than seven (7) years;

         

        (xviii)  The
          origination, servicing and collection practices used with respect to each
          Mortgage Note and Mortgage including, without limitation, the establishment,
          maintenance and servicing of the Escrow Accounts and Escrow Payments, if
          any,
          since origination, have been in all respects legal, proper, prudent and
          customary in the mortgage origination and servicing industry. The Mortgage
          Loan
          has been serviced by the Seller and any predecessor servicer in accordance
          with
          the terms of the Mortgage Note and Accepted Servicing Practices. With respect
          to
          escrow deposits and Escrow Payments, if any, all such payments are in the
          possession of, or under the control of, the Seller and there exist no
          deficiencies in connection therewith for which customary arrangements for
          repayment thereof have not been made. No escrow deposits or Escrow Payments
          or
          other charges or payments due the Seller have been capitalized under any
          Mortgage or the related Mortgage Note and no such escrow deposits or Escrow
          Payments are being held by the Seller for any work on a Mortgaged Property
          which
          has not been completed;

         

        (xix)  The
          Mortgaged Property is free of damage and waste and there is no proceeding
          pending for the total or partial condemnation thereof;

         

        (xx)  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.
          Since
          origination, the Mortgaged Property has not been subject to any bankruptcy
          proceeding or foreclosure proceeding and the Mortgagor has not filed for
          protection under applicable bankruptcy laws. There is no homestead or other
          exemption available to the Mortgagor which would interfere with the right
          to
          sell the Mortgaged Property at a trustee's sale or the right to foreclose
          the
          Mortgage. The Mortgagor has not notified the Seller and the Seller has
          no
          knowledge of any relief requested or allowed to the Mortgagor under the
          Servicemembers’ Civil Relief Act;

         

        (xxi)  The
          Mortgage Loan was underwritten in accordance with the Underwriting Guidelines
          in
          effect at the time the Mortgage Loan was originated; and the Mortgage Note
          and
          Mortgage are on forms acceptable to prudent lenders in the secondary mortgage
          market;

         

        (xxii)  The
          Mortgage Note is not and has not been secured by any collateral except
          the lien
          of the corresponding Mortgage on the Mortgaged Property and the security
          interest of any applicable security agreement or chattel mortgage referred
          to in
          (x) above;

         

        (xxiii)  The
          Mortgage File contains an appraisal of the related Mortgaged Property which
          satisfied the standards of prudent lenders in the secondary mortgage market,
          was
          on appraisal form 1004 or form 2055 with an interior inspection and was
          made and
          signed, prior to the approval of the Mortgage Loan application, by a qualified
          appraiser, duly appointed by the Seller, who had no interest, direct or
          indirect
          in the Mortgaged Property or in any loan made on the security thereof,
          whose
          compensation is not affected by the approval or disapproval of the Mortgage
          Loan
          and who met the minimum qualifications of prudent lenders in the secondary
          mortgage market. Each appraisal of the Mortgage Loan was made in accordance
          with
          the relevant provisions of the Financial Institutions Reform, Recovery,
          and
          Enforcement Act of 1989;

         

        (xxiv)  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 Purchaser to the trustee under the deed of trust, except
          in
          connection with a trustee's sale after default by the Mortgagor;

         

        (xxv)  No
          Mortgage Loan contains provisions pursuant to which Monthly Payments are
          (a)
          paid or partially paid with funds deposited in any separate account established
          by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, (b)
          paid by
          any source other than the Mortgagor or (c) contains any other similar provisions
          which may constitute a “buydown” provision. 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;

         

        (xxvi)  The
          Mortgagor has executed a statement to the effect that the Mortgagor has
          received
          all disclosure materials required by applicable law with respect to the
          making
          of fixed rate mortgage loans in the case of Fixed Rate Mortgage Loans,
          and
          adjustable rate mortgage loans in the case of Adjustable Rate Mortgage
          Loans and
          rescission materials with respect to Refinanced Mortgage Loans, and such
          statement is and will remain in the Mortgage File;

         

        (xxvii)  No
          Mortgage Loan was made in connection with (a) the construction or rehabilitation
          of a Mortgaged Property or (b) facilitating the trade-in or exchange of
          a
          Mortgaged Property;

         

        (xxviii)  No
          Mortgage Loan had an LTV or a CLTV at origination in excess of 100%. No
          Mortgage
          Loan is subject to a lender paid primary mortgage insurance policy;

         

        (xxix)  At
          origination, the Mortgaged Property was, and to the best of Seller’s knowledge,
          still is lawfully occupied under applicable law; all inspections, licenses
          and
          certificates required to be made or issued with respect to all occupied
          portions
          of the Mortgaged Property and, with respect to the use and occupancy of
          the
          same, including but not limited to certificates of occupancy, have been
          made or
          obtained from the appropriate authorities; 

         

        (xxx)  To
          the
          best of the Seller’s knowledge, no error, omission, misrepresentation,
          negligence, fraud or similar occurrence with respect to a Mortgage Loan
          has
          taken place on the part of any person, including without limitation the
          Mortgagor, any appraiser, any builder or developer, or any other party
          involved
          in the origination of the Mortgage Loan or in the application of any insurance
          in relation to such Mortgage Loan;

         

        (xxxi)  For
          each
          non-MERS Mortgage Loan, the Assignment of Mortgage is in recordable form,
          except
          for the name of the assignee which is blank, and is acceptable for recording
          under the laws of the jurisdiction in which the Mortgaged Property is
          located;

         

        (xxxii)  Any
          principal advances made to the Mortgagor prior to the Cut-off Date have
          been
          consolidated with the outstanding principal amount secured by the Mortgage,
          and
          the secured principal amount, as consolidated, bears a single interest
          rate and
          single repayment term. The lien of the Mortgage securing the consolidated
          principal amount is expressly insured as having first or second (as indicated
          on
          the Mortgage Loan Schedule) lien priority by a title insurance policy,
          an
          endorsement to the policy insuring the mortgagee's consolidated interest
          or by
          other title evidence acceptable to prudent lenders in the secondary mortgage
          market. The consolidated principal amount does not exceed the original
          principal
          amount of the Mortgage Loan plus any Negative Amortization;

         

        (xxxiii)  If
          the
          Residential Dwelling on the Mortgaged Property is a condominium unit or
          a unit
          in a planned unit development (other than a de minimis planned unit development)
          such condominium or planned unit development project meets the eligibility
          requirements of prudent lenders in the secondary mortgage market;

         

        (xxxiv)  The
          source of the down payment with respect to each Mortgage Loan has been
          fully
          verified by the Seller;

         

        (xxxv)  Interest
          on each Mortgage Loan is calculated on the basis of a 360-day year consisting
          of
          twelve 30-day months;

         

        (xxxvi)  The
          Seller shall, at its own expense, cause each first lien Mortgage Loan to
          be
          covered by a Tax Service Contract which is assignable to the Purchaser
          or its
          designee; provided however, that if the Seller fails to purchase such Tax
          Service Contract, the Seller shall be required to reimburse the Purchaser
          for
          all costs and expenses incurred by the Purchaser in connection with the
          purchase
          of any such Tax Service Contract;

         

        (xxxvii)  Each
          Mortgage Loan is covered by a Flood Zone Service Contract which is assignable
          to
          the Purchaser or its designee or, for each Mortgage Loan not covered by
          such
          Flood Zone Service Contract, the Seller agrees to purchase such Flood Zone
          Service Contract;

         

        (xxxviii)  No
          predatory, abusive, or deceptive lending practices, including but not limited
          to, the extension of credit to a Mortgagor without regard for the Mortgagor’s
          ability to repay the Mortgage Loan and the extension of credit to a Mortgagor
          which has no apparent benefit to the Mortgagor, were employed in connection
          with
          the origination of the Mortgage Loan;

         

        (xxxix)  The
          debt-to-income ratio of the related Mortgagor was not greater than 60%
          at the
          origination of the related Mortgage Loan;

         

        (xl)  The
          Mortgage Loans were not selected from the outstanding one- to four-family
          mortgage loans in the Seller’s portfolio as to which the representations and
          warranties set forth in this Agreement could be made at the related Closing
          Date
          in a manner so as to affect adversely the interests of the
          Purchaser;

         

        (xli)  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;

         

        (xlii)  The
          Mortgage Loan complies with all applicable consumer credit statutes and
          regulations, including, without limitation, the respective Uniform Consumer
          Credit Code laws in effect in Alabama, Colorado, Idaho, Indiana, Iowa,
          Kansas,
          Maine, Oklahoma, South Carolina, Utah, West Virginia and Wyoming, has been
          originated by a properly licensed entity, and in all other respects, complies
          with all of the material requirements of any such applicable laws;

         

        (xliii)  The
          information set forth in the Mortgage Loan Schedule as to Prepayment Charges
          is
          complete, true and correct in all material respects and each Prepayment
          Charge
          is permissible, enforceable and collectable in accordance with its terms
          upon
          the Mortgagor’s full and voluntary principal payment under applicable law
          (except to the extent that the enforceability thereof may be limited by
          bankruptcy, insolvency, moratorium, receivership and other similar laws
          affecting creditor’s rights generally or the collectability thereof may be
          limited due to acceleration in connection with a foreclosure);

         

        (xliv)  The
          Mortgage Loan was not prepaid in full prior to the Closing Date and the
          Seller
          has not received notification from a Mortgagor that a prepayment in full
          shall
          be made after the Closing Date;

         

        (xlv)  No
          Mortgage Loan is secured by cooperative housing, commercial property or
          mixed
          use property;

         

        (xlvi)  The
          Seller has transmitted full-file credit reporting data for each Mortgage
          Loan
          pursuant to Fannie Mae Guide Announcement 95-19 and for each Mortgage Loan,
          Seller agrees it shall report one of the following statuses each month
          as
          follows: new origination, current, delinquent (30-, 60-, 90-days, etc.),
          foreclosed, or charged-off;

         

        (xlvii)  With
          respect to any Mortgage Loan which is secured by manufactured housing,
          if such
          Mortgage Loans are permitted hereunder, such Mortgage Loan satisfies the
          requirements for inclusion in residential mortgage backed securities
          transactions rated by Standard & Poor's Ratings Services and such
          manufactured housing will be the principal residence of the Mortgagor upon
          the
          origination of the Mortgage Loan. With respect to any second lien Mortgage
          Loan,
          such lien is on a one- to four-family residence that is (or will be) the
          principal residence of the Mortgagor upon the origination of the second
          lien
          Mortgage Loan;

         

        (xlviii)  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);

         

        (xlix)  No
          Mortgage Loan is a “manufactured housing loan” or “home improvement home loan”
pursuant to the New Jersey Home Ownership Act. No Mortgage Loan is a “High-Cost
          Home Loan” or a refinanced “Covered Home Loan,” in each case, as defined in the
          New Jersey Home Ownership Act effective November 27, 2003 (N.J.S.A. 46;10B-22
          et
          seq.);

         

        (l)  
          With
          respect to each MOM Loan, a MIN has been assigned by MERS and such MIN
          is
          accurately provided on the Mortgage Loan Schedule. The related Assignment
          of
          Mortgage to MERS has been duly and properly recorded, or has been delivered
          for
          recording to the applicable recording office;

         

        (li)  With
          respect to each MOM Loan, Seller has not received any notice of liens or
          legal
          actions with respect to such Mortgage Loan and no such notices have been
          electronically posted by MERS; and

         

        (lii)  With
          respect to each second lien Mortgage Loan, either no consent for the Mortgage
          Loan is required by the holder of the first lien or such consent has been
          obtained and is contained in the Mortgage File.

         

        (liii)  No
          Mortgage Loan is (a)(1) subject to the provisions of the Homeownership
          and
          Equity Protection Act of 1994 as amended (“HOEPA”) or (2) has an “annual
          percentage rate” or “total points and fees” (as each such term is defined under
          HOEPA) payable by the Mortgagor that equal or exceed the applicable thresholds
          defined under HOEPA (as defined in 12 CFR 226.32 (a)(1)(i) and (ii)), (b)
          a
“high cost” mortgage loan, “covered” mortgage loan, “high risk home” mortgage
          loan, or “predatory” mortgage loan or any other comparable term, no matter how
          defined under any federal, state or local law, (c) subject to any comparable
          federal, state or local statutes or regulations, or any other statute or
          regulation providing for heightened regulatory scrutiny or assignee liability
          to
          holders of such mortgage loans, or (d) a High Cost Loan or Covered Loan,
          as
          applicable (as such terms are defined in the current Standard & Poor’s
          LEVELS® Glossary Revised, Appendix E);

         

        (liv)  No
          Mortgage Loan is secured by real property or secured by a manufactured
          home
          located in the state of Georgia unless (x) such Mortgage Loan was originated
          prior to October 1, 2002 or after March 6, 2003, or (y) the property securing
          the Mortgage Loan is not, nor will be, occupied by the Mortgagor as the
          Mortgagor’s principal dwelling. No Mortgage Loan is a “High Cost Home Loan” as
          defined in the Georgia Fair Lending Act, as amended (the “Georgia Act”). Each
          Mortgage Loan that is a “Home Loan” under the Georgia Act complies with all
          applicable provisions of the Georgia Act. No Mortgage Loan secured by owner
          occupied real property or an owner occupied manufactured home located in
          the
          State of Georgia was originated (or modified) on or after October 1, 2002
          through and including March 6, 2003;

         

        (lv)  Each
          Mortgage Loan at the time it was made complied in all material respects
          with
          applicable local, state, and federal laws, including, but not limited to,
          all
          applicable predatory and abusive and/or usury lending laws;

         

        (lvi)  No
          mortgage loan originated on or after October 1, 2002 through March 6, 2003
          is
          governed by the Georgia Fair Lending Act.

         

        GCFP
          hereby represents and warrants to FASCO, with respect to the Group I Mortgage
          Loans as of the Closing Date or as of such date specifically provided
          herein:

         

        (b)(i) Any
          and
          all requirements of any federal, state or local law including, without
          limitation, usury, truth in lending, real estate settlement procedures,
          predatory and abusive lending, fair lending, consumer credit protection,
          equal
          credit opportunity, fair housing or disclosure laws applicable to the
          origination and servicing of mortgage loans of a type similar to the Mortgage
          Loans and applicable to any prepayment penalty associated with the Mortgage
          Loans at origination have been complied with; 

         

        (ii)  No
          Mortgagor was required to purchase any credit insurance product (e.g.,
          life,
          mortgage, disability, accident, unemployment or health insurance product)
          or
          debt cancellation agreement as a condition of obtaining the extension of
          credit.
          No Mortgagor obtained a prepaid single premium credit insurance policy
          (e.g.,
          life, mortgage, disability, accident, unemployment or health insurance
          product)
          or debt cancellation agreement in connection with the origination of the
          Mortgage Loan. No proceeds from any Mortgage Loan were used to purchase
          single
          premium credit insurance policies ) or debt cancellation agreements as
          part of
          the origination of, or as a condition to closing, such Mortgage
          Loan;

         

        (iii)  With
          respect to each Mortgage Loan, the Seller has fully and accurately furnished
          complete information (i.e., favorable and unfavorable) on the related borrower
          credit files to Equifax, Experian and Trans Union Credit Information Company,
          in
          accordance with the Fair Credit Reporting Act and its implementing regulations,
          on a monthly basis and, for each Mortgage Loan, the Seller will furnish,
          in
          accordance with the Fair Credit Reporting Act and its implementing regulations,
          accurate and complete information on its borrower credit files to Equifax,
          Experian, and Trans Union Credit Information Company, on a monthly
          basis;

         

        (iv)  The
          Mortgagor 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 Mortgagor’s credit
          history, income, assets and liabilities. With respect to any Mortgage Loan,
          the
          Mortgagor was assigned the highest credit grade available with respect
          to a
          mortgage loan product offered by such Mortgage Loan’s originator, based on a
          comprehensive assessment of risk factors, including the Mortgagor’s credit
          history;

         

        (v)  The
          methodology used in underwriting the extension of credit for each Mortgage
          Loan
          did not rely solely on the extent of the Mortgagor’s equity in the collateral as
          the principal determining factor in approving such extension of credit.
          The
          methodology employed objective criteria such as the Mortgagor’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 Mortgagor had the ability to make timely
          payments
          on the Mortgage Loan;

         

        (vi)  All
          points and fees related to each Mortgage Loan were disclosed in writing
          to the
          related Borrower in accordance with applicable state and federal laws and
          regulations. With respect to each Mortgage Loan that is segregated for
          a Fannie
          Mae or Freddie Mac sale, no related Borrower was charged “points and fees”
(whether or not financed) in an amount greater than (a) $1,000 or (b) 5%
          of the
          principal amount of such loan, whichever is greater, such 5% limitation
          is
          calculated in accordance with Fannie Mae’s anti-predatory lending requirements
          as set forth in the Fannie Mae Guides. For purposes of this representation,
          “points and fees” (a) include origination, underwriting, broker and finder’s
          fees and other charges that the lender imposed as a condition of making
          the
          loan, whether they are paid to the lender or a third party, and (b) 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 fees and charges, in
          total,
          do not exceed 0.25 percent of the loan amount. All points, fees and charges
          (including finance charges) and whether or not financed, assessed, collected
          or
          to be collected in connection with the origination and servicing of each
          Mortgage Loan were disclosed in writing to the related Mortgagor in accordance
          with applicable state and federal laws and regulations;

         

        (vii)  No
          Mortgagor agreed to submit to arbitration to resolve any dispute arising
          out of
          or relating in any way to the Mortgage Loan transaction. No Mortgage Loan
          is
          subject to any mandatory arbitration; 

         

        (viii)  Except
          as
          set forth on the related Mortgage Loan Schedule, none of the Mortgage Loans
          are
          subject to a Prepayment Charge. With respect to any Mortgage Loan that
          contains
          a provision permitting imposition of a premium upon a prepayment prior
          to
          maturity: (a) the Mortgage Loan provides some benefit to the Mortgagor
          (e.g. a
          rate or fee reduction) in exchange for accepting such Prepayment Charge;
          (b)
          prior to the Mortgage Loan’s origination, the Mortgage Loan’s originator had
          mortgage loan programs available that provided the option of obtaining
          a
          Mortgage Loan that did not require payment of such a Prepayment Charge
          and the
          Mortgage Loan was made available to the borrower with and without prepayment
          restriction; (c) the Prepayment Charge was adequately disclosed to the
          Mortgagor
          pursuant to applicable state and federal law; (d) the duration of the Prepayment
          Charge shall not exceed three (3) years from the date of the Mortgage Note;
          and
          (e) such Prepayment Charge shall not be imposed in any instance where the
          Mortgage Loan is accelerated or paid off in connection with the workout
          of a
          delinquent Mortgage or due to the Mortgagor’s default, notwithstanding that the
          terms of the Mortgage Loan or state or federal law might permit the imposition
          of such Prepayment Charge; and

         

        (ix)  The
          original principal balance of each mortgage loan underlying our Security
          must be
          within Freddie Mac’s dollar amount limits for conforming one- to four-family
          mortgage loans.

         

        Section
          3.02  Seller
          Representations and Warranties Relating to the Seller.
          The
          Seller represents, warrants and covenants to the Purchaser as of the Closing
          Date or as of such other date specifically provided herein:

         

        (ii)  The
          Seller is duly organized, validly existing and in good standing as a corporation
          under the laws of the State of Delaware and is and will remain in compliance
          with the laws of each state in which any Mortgaged Property is located
          to the
          extent necessary to ensure the enforceability of each Mortgage Loan in
          accordance with the terms of this Agreement;

         

        (iii)  The
          Seller has the full power and authority to hold each Mortgage Loan, to
          sell each
          Mortgage Loan, to execute, deliver and perform, and to enter into and
          consummate, all transactions contemplated by this Agreement. 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 terns except as the enforceability thereof may be limited by
          bankruptcy, insolvency or reorganization;

         

        (iv)  The
          execution and delivery of this Agreement by the Seller and the performance
          of
          and compliance with the terms of this Agreement will not violate the Seller’s
          articles of incorporation or by-laws or constitute a default under or result
          in
          a breach or acceleration of, any material contract, agreement or other
          instrument to which the Seller is a party or which may be applicable to
          the
          Seller or its assets;

         

        (v)  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;

         

        (vi)  Except
          with respect to 0.32% of the Group I Mortgage Loans and 0.56% of the Group
          II
          Mortgage Loans, no Mortgage Loan is thirty (30) or more days delinquent
          as of
          January 31, 2007 based
          on
          the OTS method.

         

        (vii)  Immediately
          prior to the payment of the Purchase Price for each Mortgage Loan, the
          Seller
          was the owner of the related Mortgage and the indebtedness evidenced by
          the
          related Mortgage Note and upon the payment of the Purchase Price by the
          Purchaser, in the event that the Seller retains 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,

         

        (viii)  The
          Seller has not transferred the Mortgage Loans to the Purchaser with any
          intent
          to hinder, delay or defraud any of its creditors;

         

        (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 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)  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 by this Agreement, except for such consents,
          approvals, authorizations or orders, if any, that have been
          obtained;

         

        (xi)  The
          consummation of the transactions contemplated by this Agreement are in
          the
          ordinary course of business of the Seller. The sale of the Mortgage Loans
          is in
          the ordinary course of business of the Seller and the assignment and conveyance
          of the Mortgage Notes and the Mortgages by the Seller are not subject to
          the
          bulk transfer or any similar statutory provisions;

         

        (xii)  Except
          with respect to liens released immediately prior to the transfer herein
          contemplated, each Mortgage Note and related Mortgage have not been assigned
          or
          pledged and immediately prior to the transfer and assignment herein
          contemplated, the Seller held good, marketable and indefeasible title to,
          and
          was the sole owner and holder of, each Mortgage Loan subject to no liens,
          charges, mortgages, claims, participation interests, equities, pledges
          or
          security interests of any nature, encumbrances or rights of others
          (collectively, a “Lien”); the Seller has full right and authority under all
          governmental and regulatory bodies having jurisdiction over the Seller,
          subject
          to no interest or participation of, or agreement with, any party, to sell
          and
          assign the same pursuant to this Agreement; and immediately upon the transfers
          and assignments herein contemplated. The Seller shall have transferred
          all of
          its right, title and interest in and to each Mortgage Loan and the Trustee
          will
          hold good, marketable and indefeasible title to, and be the sole owner
          of, each
          Mortgage Loan subject to no Liens.

         

        (xiii)  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;
          and

         

        (xiv)  Except
          with respect to any statement regarding the intentions of the Purchaser,
          or any
          other statement contained herein the truth or falsity of which is dependant
          solely upon the actions of the Purchaser, 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.

         

        Section
          3.03  Remedies
          for Breach of Representations and Warranties.
          It is
          understood and agreed that the representations and warranties set forth
          in
          Subsections 3.01 and 3.02 shall survive the sale of the Mortgage Loans
          to the
          Purchaser and shall inure to the benefit of the Purchaser, notwithstanding
          any
          restrictive or qualified endorsement on any Mortgage Note or Assignment
          or the
          examination or lack of examination of any Mortgage File. Upon discovery
          by
          either the Seller or the Purchaser of a breach of any of the foregoing
          representations and warranties that materially and adversely affects the
          value
          of the Mortgage Loans or the interest of the Purchaser (or which materially
          and
          adversely affects the interests of the Purchaser in the related Mortgage
          Loan in
          the case of a representation and warranty relating to a particular Mortgage
          Loan), the party discovering such breach shall give prompt written notice
          to the
          other. It is understood by the parties hereto that a breach of the
          representations and warranties made in Section 3.01(b) and Section
          3.01(a)(xlix), (liii) and (liv) will be deemed to materially and adversely
          affect the value of the related Mortgage Loan or the interest of the
          Purchaser.

         

        Within
          120 days of the earlier of either discovery by or notice to the Seller
          of any
          breach of a representation or warranty made by the Seller that materially
          and
          adversely affects the value of a Mortgage Loan or the Mortgage Loans or
          the
          interest therein of the Purchaser, the Seller shall use its best efforts
          promptly to cure such breach in all material respects and, if such breach
          cannot
          be cured, the Seller shall, at the Purchaser’s option, repurchase such Mortgage
          Loan at the Purchase Price. In the event that a breach shall involve any
          representation or warranty set forth in Subsection 3.02 and such breach
          cannot
          be cured within 120 days of the earlier of either discovery by or notice
          to the
          Seller of such breach, all of the Mortgage Loans shall, at the Purchaser’s
          option be repurchased by the Seller at the Purchase Price. The Seller may,
          at
          the request of the Purchaser and assuming the Seller has a Qualified Substitute
          Mortgage Loan, rather than repurchase a deficient Mortgage Loan as provided
          above, remove such Mortgage Loan and substitute in its place a Qualified
          Substitute Mortgage Loan or Loans. If the Seller does not provide a Qualified
          Substitute Mortgage Loan or Loans, it shall repurchase the deficient Mortgage
          Loan. Any repurchase of a Mortgage Loan(s) pursuant to the foregoing provisions
          of this Section 3.03 shall occur on a date designated by the Purchaser
          and shall
          be accomplished by deposit in accordance with Section 2.03 of the Pooling
          and
          Servicing Agreement. Any repurchase or substitution required by this Section
          shall be made in a manner consistent with Section 2.03 of the Pooling and
          Servicing Agreement.

         

        In
          addition to the foregoing, within 120 days of the earlier of discovery
          by the
          Seller or receipt of notice by the Seller of (i) the breach of any
          representation or warranty of Ameriquest Mortgage Company (“Ameriquest”) set
          forth in Section 7.03 of the Master Mortgage Loan Purchase and Interim
          Servicing
          Agreement, dated June 1, 2006 (the “Purchase Agreement”), between GCFP and
          Ameriquest, which materially and adversely affects the interests of the
          Certificateholders in any of the Mortgage Loans originated by Ameriquest
          (the
“Ameriquest Mortgage Loans”) and for which Ameriquest has failed to cure such
          breach in accordance with the terms of the Purchase Agreement and (ii)(a)
          the
          fact that Ameriquest is no longer an operating company or (b) an Officers’
Certificate certifying to the fact that Ameriquest is financially unable
          to cure
          such breach pursuant to the terms of the Purchase Agreement, the Seller
          shall
          take such action described in Section 2.03 of the Pooling Agreement in
          respect
          of such Ameriquest Mortgage Loan. Such obligation of the Seller shall continue
          until such time that the Rating Agencies inform Ameriquest and the Seller
          in
          writing that such obligation is no longer required in order for the Rating
          Agencies to maintain their then-current ratings on the
          Certificates.

         

        Notwithstanding
          the foregoing, within 90 days of the earlier of either discovery by or
          notice to
          the Seller of a breach of the representation of the Seller set forth in
          Section
          3.01(ww), the Seller shall repurchase such Mortgage Loan at the Purchase
          Price
          or substitute a Qualified Substitute Mortgage Loan for such Mortgage Loan,
          in
          each case, in accordance with the provisions set forth above.

         

        Notwithstanding
          the foregoing, within 90 days of the earlier of discovery by the Seller
          or
          receipt of notice by the Seller of the breach of the representation of
          the
          Seller set forth in Section 3.01(tt) above which materially and adversely
          affects the interests of the Holders of the Class P Certificates in any
          Prepayment Charge, the Seller shall pay the amount of the scheduled Prepayment
          Charge, for the benefit of the Holders of the Class P Certificates, by
          depositing such amount into the Collection Account, net of any amount previously
          collected by the Servicer and paid by the Servicer, for the benefit of
          the
          Holders of the Class P Certificates, in respect of such Prepayment
          Charge.

         

        At
          the
          time of substitution or repurchase of any deficient Mortgage Loan, the
          Purchaser
          and the Seller shall arrange for the reassignment of the repurchased or
          substituted Mortgage Loan to the Seller and the delivery to the Seller
          of any
          documents held by the Trustee relating to the deficient or repurchased
          Mortgage
          Loan. In the event the Purchase Price is deposited in the Collection Account.
          The Seller shall, simultaneously with such deposit, give written notice
          to the
          Purchaser that such deposit has taken place. Upon such repurchase, the
          Mortgage
          Loan Schedule shall be amended to reflect the withdrawal of the repurchased
          Mortgage Loan from this Agreement.

         

        As
          to any
          Deleted Mortgage Loan for which the Seller substitutes a Qualified Substitute
          Mortgage Loan or Loans, the Seller shall effect such substitution by delivering
          to the Purchaser or its designee for such Qualified Substitute Mortgage
          Loan or
          Loans the Mortgage Note, the Mortgage, the Assignment and such other documents
          and agreements as are required by the Pooling and Servicing Agreement.
          with the
          Mortgage Note endorsed as required therein. The Seller shall remit for
          deposit
          in the Collection Account the Monthly Payment due on such Qualified Substitute
          Mortgage Loan or Loans in the month following the date of such substitution.
          Monthly payments due with respect to Qualified Substitute Mortgage Loans
          in the
          month of substitution will be retained by the Seller. For the month of
          substitution, distributions to the Purchaser will include the Monthly Payment
          due on such Deleted Mortgage Loan in the month of substitution, and the
          Seller
          shall thereafter be entitled to retain all amounts subsequently received
          by the
          Seller in respect of such Deleted Mortgage Loan. Upon such substitution,
          the
          Qualified Substitute Mortgage 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 Qualified Substitute Mortgage Loan or Loans as of the date
          of
          substitution, the covenants, representations and warranties set forth in
          Subsections 3.01 and 3.02.

         

        It
          is
          understood and agreed that the representations and warranties set forth
          in
          Sections 3.01 and 3.02 shall survive delivery of the respective Mortgage
          Files
          to the Trustee on behalf of the Purchaser.

         

        It
          is
          understood and agreed that the obligations of the Seller set forth in this
          Section 3.03 to cure, repurchase and substitute for a defective Mortgage
          Loan
          and the obligations of the Seller to indemnify the Purchaser as provided
          in
          Section 5.01 constitute the sole remedies of the Purchaser respecting a
          missing
          or defective document or a breach of the representations and warranties
          contained in Section 3.01 or 3.02.

         

         

         

        ARTICLE
          IV

         

        SELLER’S
          COVENANTS

         

        Section
          4.01  Covenants
          of the Seller.
          The
          Seller hereby covenants that except for the transfer hereunder, the Seller
          will
          not sell, pledge, assign or transfer to any other Person, or grant, create,
          incur, assume or suffer to exist any Lien on any Mortgage Loan, or any
          interest
          therein; the Seller will notify the Trustee, as assignee of the Purchaser,
          of
          the existence of any Lien on any Mortgage Loan immediately upon discovery
          thereof, and the Seller will defend the right, title and interest of the
          Trust,
          as assignee of the Purchaser, in, to and under the Mortgage Loans, against
          all
          claims of third parties claiming through or under the Seller; provided,
          however,
          that
          nothing in this Section 4.01 shall prevent or be deemed to prohibit the
          Seller
          from suffering to exist upon any of the Mortgage Loans any Liens for municipal
          or other local taxes and other governmental charges if such taxes or
          governmental charges shall not at the time be due and payable or if the
          Seller
          shall currently be contesting the validity thereof in good faith by appropriate
          proceedings and shall have set aside on its books adequate reserves with
          respect
          thereto.

         

         

         

        ARTICLE
          V

         

        INDEMNIFICATION
          WITH RESPECT TO THE MORTGAGE LOANS

         

        Section
          5.01  Indemnification.

         

        (ii)  The
          Seller indemnifies and holds harmless the Purchaser, its respective officers
          and
          directors and each person, if any, who controls the Purchaser within the
          meaning
          of Section 15 of the Securities Act or Section 20 of the Exchange Act,
          as
          follows:

         

        (i)  against
          any and all losses, claims, expenses, damages or liabilities, joint or
          several,
          to which the Purchaser or such controlling person may become subject under
          the
          Securities Act or otherwise, insofar as such losses, claims, damages or
          liabilities (or actions in respect thereof including, but not limited to,
          any
          loss, claim, expense, damage or liability related to purchases and sales
          of the
          Certificates) arise out of or are based upon any untrue statement or alleged
          untrue statement of any material fact contained in the Prospectus Supplement,
          or
          any amendment or supplement thereto, or arise out of, or are based upon,
          the
          omission or alleged omission to state therein a material fact required
          to be
          stated therein or necessary to make the statements made therein not misleading,
          to the extent that any untrue statement or alleged untrue statement therein
          results (or is alleged to have resulted) from an error or material omission
          in
          the information concerning the Seller Information furnished by the Seller
          to the
          Purchaser for use in the preparation of the Prospectus Supplement, which
          error
          was not superseded or corrected by the delivery to the Purchaser of corrected
          written or electronic information, or for which the Seller provided written
          notice of such error to the Purchaser prior to the confirmation of the
          sale of
          the Certificates; and will reimburse the Purchaser and each such controlling
          person for any legal or other expenses reasonably incurred by the Purchaser
          or
          such controlling person in connection with investigating or defending any
          such
          loss, claim, damage. liability or action as such expenses are
          incurred;

         

        (ii)  against
          any and all loss, liability, claim, damage and expense whatsoever, to the
          extent
          of the aggregate amount paid in settlement of any litigation, or investigation
          or proceeding by any governmental agency or body, commenced or threatened,
          or of
          any claim whatsoever based upon any such untrue statement or omission,
          or any
          such alleged untrue statement or omission, if such settlement is effected
          with
          the written consent of the Purchaser; and

         

        (iii)  against
          any and all expense whatsoever (including the fees and disbursements of
          counsel
          chosen by the Purchaser), reasonably incurred in investigating, preparing
          or
          defending against any litigation, or investigation or proceeding by any
          governmental agency or body. commenced or threatened, or any claim whatsoever
          based upon any such untrue statement or omission, or any such alleged untrue
          statement or omission, to the extent that any such expense is not paid
          under
          clause (i) or clause (ii) above.

         

        This
          indemnity agreement will be in addition to any liability which the Seller
          may
          otherwise have.

         

        (iii)  Promptly
          after receipt by any indemnified party under this Article V of notice of
          any
          claim or the commencement of any action, such indemnified party shall,
          if a
          claim in respect thereof is to be made against any indemnifying party under
          this
          Article V, notify the indemnifying party in writing of the claim or the
          commencement of that action; provided,
          however,
          that
          the failure to notify an indemnifying party shall not relieve it from any
          liability which it may have under this Article V except to the extent it
          has
          been materially prejudiced by such failure and, provided further, that
          the
          failure to notify any indemnifying party shall not relieve it from any
          liability
          which it may have to any indemnified party otherwise than under this Article
          V.

         

        If
          any
          such claim or action shall be brought against an indemnified party, and
          it shall
          notify the indemnifying party thereof, the indemnifying party shall be
          entitled
          to participate therein and, to the extent that it wishes, jointly with
          any other
          similarly notified indemnifying party, to assume the defense thereof with
          counsel reasonably satisfactory to the indemnified party. After notice
          from the
          indemnifying party to the indemnified party of its election to assume the
          defense of such claim or action, the indemnifying party shall not be liable
          to
          the indemnified party under this Article V for any legal or other expenses
          subsequently incurred by the indemnified party in connection with the defense
          thereof other than reasonable costs of investigation.

         

        Any
          indemnified party shall have the right to employ separate counsel in any
          such
          action and to participate in the defense thereof, but the fees and expenses
          of
          such counsel shall be at the expense of such indemnified party unless:
          (i) the
          employment thereof has been specifically authorized by the indemnifying
          party in
          writing; (ii) such indemnified party shall have been advised in writing
          by such
          counsel that there may be one or more legal defenses available to it which
          are
          different from or additional to those available to the indemnifying party
          and in
          the reasonable judgment of such counsel it is advisable for such indemnified
          party to employ separate counsel; or (iii) the indemnifying party has failed
          to
          assume the defense of such action and employ counsel reasonably satisfactory
          to
          the indemnified party, in which case, if such indemnified party notifies
          the
          indemnifying party in writing that it elects to employ separate counsel
          at the
          expense of the indemnifying party, the indemnifying party shall not have
          the
          right to assume the defense of such action on behalf of such indemnified
          party,
          it being understood, however, the indemnifying party shall not, in connection
          with any one such action or separate but substantially similar or related
          actions in the same jurisdiction arising out of the same general allegations
          or
          circumstances, be liable for the reasonable fees and expenses of more than
          one
          separate firm of attorneys (in addition to local counsel) at any time for
          all
          such indemnified parties, which firm shall be designated in writing by
          the
          Purchaser, if the indemnified parties under this Article V consist of the
          Purchaser.

         

        Each
          indemnified party, as a condition of the indemnity agreements contained
          in
          Section 5.01 (a) and (b) hereof, shall use its best efforts to cooperate
          with
          the indemnifying party in the defense of any such action or claim. No
          indemnifying party shall be liable for any settlement of any such action
          effected without its written consent (which consent shall not be unreasonably
          withheld), but if settled with its written consent or if there be a final
          judgment for the plaintiff in any such action, the indemnifying party agrees
          to
          indemnify and hold harmless any indemnified party from and against any
          loss or
          liability by reason of such settlement or judgment. Notwithstanding the
          foregoing sentence, if at any time an indemnified party shall have requested
          an
          indemnifying party to consent to a settlement of any action, the indemnifying
          party agrees that it shall be liable for any settlement of any proceeding
          effected without its written consent if such settlement is entered into
          more
          than 30 days after receipt by such indemnifying party of the aforesaid
          request
          and the indemnifying party has not previously provided the indemnified
          party
          with written notice of its objection to such settlement. No indemnifying
          party
          shall effect any settlement of any pending or threatened proceeding in
          respect
          of which an indemnified party is or could have been a party and indemnity
          is or
          could have been sought hereunder, without the written consent of such
          indemnified party, unless settlement includes an unconditional release
          of such
          indemnified party from all liability and claims that are the subject matter
          of
          such proceeding.

         

        (iv)  In
          order
          to provide for just and equitable contribution in circumstances in which
          the
          indemnity agreement provided for in this Article is for any reason held
          to be
          unenforceable although applicable in accordance with its terms, the Seller,
          on
          the one hand, and the Purchaser, on the other, shall contribute to the
          aggregate
          losses, liabilities, claims, damages and expenses of the nature contemplated
          by
          said indemnity agreement incurred by the Seller and the Purchaser in such
          proportions as shall be appropriate to reflect the relative benefits received
          by
          the Seller on the one hand and the Purchaser on the other from the sale
          of the
          Mortgage Loans; provided,
          however,
          that no
          person guilty of fraudulent misrepresentation (within the meaning of Section
          11
          (f) of the Securities Act) shall be entitled to contribution from any person
          who
          was not guilty of such fraudulent misrepresentation. For purposes of this
          Section, each officer and director of the Purchaser and each person, if
          any, who
          controls the Purchaser within the meaning of Section 15 of the Securities
          Act
          shall have the same rights to contribution as the Purchaser and each director
          of
          the Seller, each officer of the Seller, and each person, if any, who controls
          the Seller within the meaning of Section 15 of the Securities Act shall
          have the
          same rights to contribution as the Seller.

         

        (v)  The
          Seller agrees to indemnify and to hold each of the Purchaser, the Trustee,
          each
          of the officers and directors of each such entity and each person or entity
          who
          controls each such entity or person and each Certificateholder harmless
          against
          any and all claims, losses, penalties, fines, forfeitures, legal fees and
          related costs, judgments, and any other costs, fees and expenses that the
          Purchaser, the Trustee, or any such person or entity and any Certificateholder
          may sustain in any way (i) related to the failure of the Seller to perform
          its
          duties in compliance with the terms of this Agreement or (ii) arising from
          a
          breach by the Seller of its representations and warranties in Sections
          3.01 and
          3.02 of this Agreement. The Seller shall immediately notify the Purchaser,
          the
          Trustee and each Certificateholder if a claim is made by a third party
          with
          respect to this Agreement. The Seller shall assume the defense of any such
          claim
          and pay all expenses in connection therewith, including reasonable counsel
          fees,
          and promptly pay, discharge and satisfy any judgment or decree which may
          be
          entered against the Purchaser, the Trustee or any such person or entity
          and/or
          any Certificateholder in respect of such claim.

         

         

         

        ARTICLE
          VI

         

        TERMINATION

         

        Section
          6.01  Termination.
          The
          respective obligations and responsibilities of the Seller and the Purchaser
          created hereby shall terminate, except for the Seller’s indemnity obligations as
          provided herein upon the termination of the Trust as provided in Article
          X of
          the Pooling and Servicing Agreement.

         

         

         

        ARTICLE
          VII

         

        MISCELLANEOUS
          PROVISIONS

         

        Section
          7.01  Amendment.
          This
          Agreement may be amended from time to time by the Seller and the Purchaser,
          by
          written agreement
          signed by the Seller and the Purchaser.

         

        Section
          7.02  Governing
          Law.
          This
          Agreement shall be governed by and construed in accordance with the laws
          of the
          State of New York and the obligations, rights and remedies of the parties
          hereunder shall be determined in accordance with such laws.

         

        Section
          7.03  Notices.
          All
          demands, notices and communications hereunder shall be in writing and shall
          be
          deemed to have been duly given if personally delivered at or mailed by
          registered mail, postage prepaid, addressed as follows: (i) if to the Seller,
          Greenwich Capital Financial Products, Inc., 600 Steamboat Road, Greenwich,
          Connecticut 06830, Attention: Legal, or such other address as may hereafter
          be
          furnished to the Purchaser in writing by the Seller and (ii) if to the
          Purchaser, Financial Asset Securities Corp., 600 Steamboat Road, Greenwich,
          Connecticut 06830, Attention: Legal, or such other address as may hereafter
          be
          furnished to the Seller in writing by the Purchaser.

         

        Section
          7.04  Severability
          of Provisions.
          If any
          one or more of the covenants, agreements, provisions of terms of this Agreement
          shall be held invalid for any reason whatsoever, 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 of enforceability of the other provisions of this
          Agreement.

         

        Section
          7.05  Counterparts.
          This
          Agreement may be executed in one or more counterparts and by the different
          parties hereto on separate counterparts, each of which, when so executed,
          shall
          be deemed to be an original and such counterparts, together, shall constitute
          one and the same agreement.

         

        Section
          7.06  Further
          Agreements.
          The
          Purchaser and the Seller each agree to execute and deliver to the other
          such
          additional documents, instruments or agreements as may be necessary or
          reasonable and appropriate to effectuate the purposes of this Agreement
          or in
          connection with the issuance of any Series of Certificates representing
          interests in the Mortgage Loans.

         

        Without
          limiting the generality of the foregoing, as a further inducement for the
          Purchaser to purchase the Mortgage Loans from the Seller, the Seller will
          cooperate with the Purchaser in connection with the sale of any of the
          securities representing interests in the Mortgage Loans. In that connection,
          the
          Seller will provide to the Purchaser any and all information and appropriate
          verification of information, whether through letters of its auditors and
          counsel
          or otherwise, as the Purchaser shall reasonably request and will provide
          to the
          Purchaser such additional representations and warranties, covenants, opinions
          of
          counsel, letters from auditors, and certificates of public officials or
          officers
          of the Seller as are reasonably required in connection with such transactions
          and the offering of investment grade securities rated by the Rating
          Agencies.

         

        Section
          7.07  Intention
          of the Parties.
          It is
          the intention of the parties that the Purchaser is purchasing, and the
          Seller is
          selling, the Mortgage Loans rather than pledging the Mortgage Loans to
          secure a
          loan by the Purchaser to the Seller. Accordingly, the parties hereto each
          intend
          to treat the transaction for federal income tax purposes and all other
          purposes
          as a sale by the Seller, and a purchase by the Purchaser, of the Mortgage
          Loans.
          The Purchaser will have the right to review the Mortgage Loans and the
          related
          Mortgage Files to determine the characteristics of the Mortgage Loans which
          will
          affect the federal income tax consequences of owning the Mortgage Loans
          and the
          Seller will cooperate with all reasonable requests made by the Purchaser
          in the
          course of such review.

         

        Section
          7.08  Successors
          and Assigns; Assignment of Purchase Agreement.
          This
          Agreement shall bind and inure to the benefit of and be enforceable by
          the
          Seller, the Purchaser and the Trustee.

         

        The
          obligations of the Seller under this Agreement cannot be assigned or delegated
          to a third party without the consent of the Purchaser which consent shall
          be at
          the Purchaser’s sole discretion, except that the Purchaser acknowledges and
          agrees that the Seller may assign its obligations hereunder to any Person
          into
          which the Seller is merged or any corporation resulting from any merger,
          conversion or consolidation to which the Seller is a party or any Person
          succeeding to the business of the Seller. The parties hereto acknowledge
          that
          the Purchaser is acquiring the Mortgage Loans for the purpose of contributing
          them to a trust that will issue a series of Certificates representing undivided
          interests in such Mortgage Loans. As an inducement to the Purchaser to
          purchase
          the Mortgage Loans, the Seller acknowledges and consents to the assignment
          by
          the Purchaser to the Trustee of all of the Purchaser’s rights against the Seller
          pursuant to this Agreement insofar as such rights relate to Mortgage Loans
          transferred to the Trustee and to the enforcement or exercise of any right
          or
          remedy against the Seller pursuant to this Agreement by the Trustee. Such
          enforcement of a right or remedy by the Trustee shall have the same force
          and
          effect as if the right or remedy had been enforced or exercised by the
          Purchaser
          directly.

         

        Section
          7.09  Survival.
          The
          representations and warranties set forth in Sections 3.01 and 3.02 and
          the
          provisions of Article V hereof shall survive the purchase of the Mortgage
          Loans
          hereunder.

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        IN
          WITNESS WHEREOF, the Seller and the Purchaser have caused their names to
          be
          signed to this Mortgage Loan Purchase Agreement by their respective officers
          thereunto duly authorized as of the day and year first above
          written.

         

        FINANCIAL
          ASSET SECURITIES CORP.,

        as
          Purchaser

         

        By:________________________________

        Name:

        Title:

         

        GREENWICH
          CAPITAL FINANCIAL PRODUCTS, INC., as Seller

         

        By:_________________________________

        Name:

        Title:

         

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        SCHEDULE
          I

         

        MORTGAGE
          LOANS

         

        SEE
          EXHIBIT D TO

        POOLING
          AND SERVICING AGREEMENT

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        EXHIBIT
          1

         

        LIST
          OF
          SERVICING AGREEMENTS

         

        

        1.
           Amended
          and Restated Master Interim Servicing Agreement, dated as of January 1,
          2006,
          between Greenwich Capital Financial Products, Inc. and GMAC Mortgage,
          LLC.

        

        2.
           Servicing
          Agreement, dated as of January 1, 2006, between Greenwich Capital Financial
          Products, Inc. and Central Mortgage Company.

        

        3.
           Servicing
          Agreement, dated as of March 1, 2006, between Greenwich Capital Financial
          Products, Inc. and Wells Fargo Bank, N.A.

        

        4.
           Master
          Mortgage Loan Purchase and Servicing Agreement, dated as of March 1, 2004,
          between Greenwich Capital Financial Products, Inc. and Countrywide Home
          Loans,
          Inc., as amended by an Amendment Reg AB, dated as of December 1, 2005,
          between
          Greenwich Capital Financial Products, Inc. and Countrywide Home Loans,
          Inc.

        

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        C-2

       

      FORM
        OF
        ASSIGNMENT AND RECOGNITION AGREEMENT

       

      

      ASSIGNMENT
        AND RECOGNITION AGREEMENT

       

      THIS
        ASSIGNMENT AND RECOGNITION AGREEMENT, dated February 1, 2007, (“Agreement”)
        among
        Greenwich Capital Financial Products, Inc. (“Assignor”),
        Financial Asset Securities Corp. (“Assignee”)
        and
        Mortgage Network Inc. (the “Company”):

       

      

        For
          and
          in consideration of the sum of TEN DOLLARS ($10.00) and a certain percentage
          of
the
          Class
          C Certificates, the Class P Certificates and the Class FL Certificates
          which
          shall be registered in the name of Greenwich Capital Financial Products,
          Inc. or
          its designee, and of the mutual covenants herein contained, the parties
          hereto
          hereby agree as follows:

         

      

      Assignment
        and Conveyance

       

      1.  The
        Assignor hereby conveys, sells, grants, transfers and assigns to the Assignee
        all of the right, title and interest of the Assignor, as purchaser, in, to
        and
        under (a) those certain Mortgage Loans listed as being originated by the
        Company
        on the schedule (the “Mortgage
        Loan Schedule”)
        attached hereto as Exhibit A (the “Mortgage
        Loans”)
        and
        (b) that certain Master Mortgage Loan Purchase and Interim Servicing Agreement
        dated as of May 1, 2006, as amended (the “Purchase
        Agreement”),
        between the Company as seller and interim servicer and the Assignor, as
        purchaser (the “Purchaser”),
        solely insofar as the Purchase Agreement relates to the Mortgage
        Loans.

       

      The
        Assignor specifically reserves and does not assign to the Assignee hereunder
        any
        and all right, title and interest in, to and under and any obligations of
        the
        Assignor with respect to any mortgage loans subject to the Purchase Agreement
        which are not the Mortgage Loans set forth on the Mortgage Loan Schedule
        and are
        not the subject of this Agreement.

       

      Recognition
        of the Company

       

      2.  From
        and
        after the date hereof, the Company shall and does hereby recognize that the
        Assignee will transfer the Mortgage Loans and assign its rights under the
        Purchase Agreement (solely to the extent set forth herein) and this Agreement
        to
        Soundview Home Loan Trust 2007-1 (the “Trust”)
        created pursuant to a Pooling and Servicing Agreement, dated as of February
        1,
        2006 (the “Pooling
        Agreement”),
        among
        the Assignee, Ocwen Loan Servicing, LLC as servicer (the “Servicer”),
        Wells
        Fargo Bank, N.A as master servicer and trust administrator and Deutsche Bank
        National Trust Company as trustee (including its successors in interest and
        any
        successor trustees under the Pooling Agreement, the “Trustee”).
        The
        Company hereby acknowledges and agrees that from and after the date hereof
        (i) the Trust will be the owner of the Mortgage Loans, (ii) the
        Company shall look solely to the Trust for performance of any obligations
        of the
        Assignor insofar as they relate to the enforcement of the representations,
        warranties and covenants with respect to the Mortgage Loans, (iii) the
        Trust (including the Trustee, the Trust Administrator, the Master Servicer
        and
        the Servicer acting on the Trust’s behalf) shall have all the rights and
        remedies available to the Assignor, insofar as they relate to the Mortgage
        Loans, under the Purchase Agreement, including, without limitation, the
        enforcement of the document delivery requirements and remedies with respect
        to
        breaches of representations and warranties set forth in the Purchase Agreement,
        and shall be entitled to enforce all of the obligations of the Company
        thereunder insofar as they relate to the Mortgage Loans, and (iv) all
        references to the Purchaser (insofar as they relate to the rights, title
        and
        interest and, with respect to obligations of the Purchaser, only insofar
        as they
        relate to the enforcement of the representations, warranties and covenants
        of
        the Company) or the Custodian under the Purchase Agreement insofar as they
        relate to the Mortgage Loans, shall be deemed to refer to the Trust (including
        the Trustee, the Trust Administrator, the Master Servicer and the Servicer
        acting on the Trust’s behalf). Neither the Company nor the Assignor shall amend
        or agree to amend, modify, waiver, or otherwise alter any of the terms or
        provisions of the Purchase Agreement which amendment, modification, waiver
        or
        other alteration would in any way affect the Mortgage Loans or the Company’s
        performance under the Purchase Agreement with respect to the Mortgage Loans
        without the prior written consent of the Trustee.

       

      Representations
        and Warranties of the Company

       

      3.  The
        Company warrants and represents to the Assignor, the Assignee and the Trust
        as
        of the date hereof that:

       

      (a) The
        Company is duly organized, validly existing and in good standing under the
        laws
        of the jurisdiction of its incorporation;

       

      (b)
         The
        Company has full power and authority to execute, deliver and perform its
        obligations under this Agreement and has full power and authority to perform
        its
        obligations under the Purchase Agreement. The execution by the Company of
        this
        Agreement is in the ordinary course of the Company’s business and will not
        conflict with, or result in a breach of, any of the terms, conditions or
        provisions of the Company’s charter or bylaws or any legal restriction, or any
        material agreement or instrument to which the Company 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 Company or its property is subject. The
        execution, delivery and performance by the Company of this Agreement have
        been
        duly authorized by all necessary corporate action on part of the Company.
        This
        Agreement has been duly executed and delivered by the Company, and, upon
        the due
        authorization, execution and delivery by the Assignor and the Assignee, will
        constitute the valid and legally binding obligation of the Company, enforceable
        against the Company 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
        the Company in connection with the execution, delivery or performance by
        the
        Company of this Agreement; and

       

      (d)
         There
        is
        no action, suit, proceeding or investigation pending or threatened against
        the
        Company, before any court, administrative agency or other tribunal, which
        would
        draw into question the validity of this Agreement or the Purchase Agreement,
        or
        which, either in any one instance or in the aggregate, would result in any
        material adverse change in the ability of the Company to perform its obligations
        under this Agreement or the Purchase Agreement, and the Company is
        solvent.

       

      4.  Pursuant
        to Section 12 of the Purchase Agreement, the Company hereby represents and
        warrants, for the benefit of the Assignor, the Assignee and the Trust, that
        the
        representations and warranties set forth in Sections 7.01 of the Purchase
        Agreement, are true and correct as of the date hereof as if such representations
        and warranties were made on the date hereof, and that the representations
        and
        warranties set forth in Section 7.02 of the Purchase Agreement (attached
        hereto
        as Schedule I) are true and correct as of the related servicing transfer
        date
        from Company to Assignor, except that the representation and warranty set
        forth
        in Section 7.02(i) shall, for purposes of this Agreement, relate to the
        Mortgage Loan Schedule attached hereto.

       

      5.  The
        Assignor hereby makes the following representations, warranties and covenants
        as
        of the date hereof:

       

      (a) To
        the
        best of the Assignor’s knowledge, nothing has occurred in the period of time
        from the related servicing transfer date to the date hereof which would cause
        such representation and warranties referred to in Section 4 herein to be
        untrue
        in any material respect as of the date hereof;

       

      (b) Each
        Mortgage Loan at the time it was made complied in all material respects with
        applicable local, state, and federal laws, including, but not limited to,
        all
        applicable predatory and abusive and/or usury lending laws;

       

      (c) None
        of
        the mortgage loans are High Cost as defined by any applicable predatory and
        abusive lending laws; 

       

      (e) No
        Mortgage 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 Glossary,
        Appendix E); and

       

      (d) No
        mortgage loan originated on or after October 1, 2002 through March 6, 2003
        is
        governed by the Georgia Fair Lending Act.

       

      Remedies
        for Breach of Representations and Warranties

       

      6.  The
        Company hereby acknowledges and agrees that the remedies available to the
        Assignor, the Assignee and the Trust (including the Trustee and the Servicer
        acting on the Trust’s behalf) in connection with any breach of the
        representations and warranties made by the Company set forth in Sections
        3 and 4
        hereof shall be as set forth in Subsection 7.03 of the Purchase Agreement
        as if they were set forth herein (including without limitation the repurchase
        and indemnity obligations set forth therein).

       

      Miscellaneous

       

      7.  This
        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.

       

      8.  No
        term
        or provision of this Agreement may be waived or modified unless such waiver
        or
        modification is in writing and signed by the party against whom such waiver
        or
        modification is sought to be enforced, with the prior written consent of
        the
        Trustee.

       

      9.  This
        Agreement shall inure to the benefit of (i) the successors and assigns of
        the
        parties hereto and (ii) the Trust (including the Trustee and the Servicer
        acting
        on the Trust’s behalf). 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.

       

      10.  Each
        of
        this Agreement and the Purchase Agreement shall survive the conveyance of
        the
        Mortgage Loans and the assignment of the Purchase Agreement (to the extent
        assigned hereunder) by Assignor to Assignee and by Assignee to the Trust
        and
        nothing contained herein shall supersede or amend the terms of the Purchase
        Agreement.

       

      11.  This
        Agreement may be executed simultaneously in any number of counterparts. Each
        counterpart shall be deemed to be an original and all such counterparts shall
        constitute one and the same instrument.

       

      12.  In
        the
        event that any provision of this Agreement conflicts with any provision of
        the
        Purchase Agreement with respect to the Mortgage Loans, the terms of this
        Agreement shall control.

       

      13.  Capitalized
        terms used in this Agreement (including the exhibits hereto) but not defined
        in
        this Agreement shall have the meanings given to such terms in the Purchase
        Agreement.

       

      [SIGNATURE
        PAGE FOLLOWS]

       

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      IN
        WITNESS WHEREOF, the parties have caused this Agreement to be executed by
        their
        duly authorized officers as of the date first above written.

       

      
        	 	 	 	 	 	 	 	
                GREENWICH
                  CAPITAL FINANCIAL PRODUCTS, INC.

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	
                Name:

              	 
	 	 	 	 	 	 	 	
                Title:

              	 

      

      

      

      
        	 	 	 	 	 	 	 	
                FINANCIAL
                  ASSET SECURITIES CORP.

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	
                Name:

              	 
	 	 	 	 	 	 	 	
                Title:

              	 

      

      

      

      
        	 	 	 	 	 	 	 	
                MORTGAGE
                  NETWORK INC.

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	
                Name:

              	 
	 	 	 	 	 	 	 	
                Title:

              	 

      

      

      

      

      

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      EXHIBIT
        A

      

      MORTGAGE
        LOAN SCHEDULE

      

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      SCHEDULE
        I

      

      Capitalized
        terms used in this Schedule I but not defined in this Agreement shall have
        the
        meanings given to such terms in the Purchase Agreement.

      

      (i)  The
        information set forth in the related Mortgage Loan Schedule is complete,
        true
        and correct;

       

      (ii)  The
        Mortgage Loan is in compliance with all requirements set forth in the related
        Confirmation, and the characteristics of the related Mortgage Loan Package
        as
        set forth in the related Confirmation are true and correct; provided, however,
        that in the event of any conflict between the terms of any Confirmation and
        this
        Agreement, the terms of this Agreement shall control;

       

      (iii)  All
        payments required to be made up to the close of business on the Closing Date
        for
        such Mortgage Loan under the terms of the Mortgage Note have been made; the
        Seller has not advanced funds, or induced, solicited or knowingly received
        any
        advance of funds from a party other than the owner of the related Mortgaged
        Property, directly or indirectly, for the payment of any amount required
        by the
        Mortgage Note or Mortgage; no Mortgage Loan is thirty (30) or more days
        delinquent as of the Closing Date and there has been no delinquency, exclusive
        of any period of grace, in any payment by the Mortgagor thereunder since
        the
        origination of the Mortgage Loan;

       

      (iv)  There
        are
        no delinquent taxes, ground rents, water charges, sewer rents, assessments,
        insurance premiums, leasehold payments, including assessments payable in
        future
        installments or other outstanding charges affecting the related Mortgaged
        Property;

       

      (v)  The
        terms
        of the Mortgage Note and the Mortgage have not been 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, and which have been delivered to the Custodian; the substance
        of
        any such waiver, alteration or modification has been approved by the insurer
        under the Primary Insurance Policy, if any, and has been approved by the
        title
        insurer, to the extent required by the related policy, and is reflected on
        the
        related Mortgage Loan Schedule. No instrument of waiver, alteration or
        modification has been executed, and no Mortgagor has been released, in whole
        or
        in part, except in connection with an assumption agreement approved by
the
        insurer under the Primary Insurance Policy, if any, and by the
        title
        insurer, to the extent required by the policy, and which assumption agreement
        has been delivered to the Custodian and the terms of which are reflected
        in the
        related Mortgage Loan Schedule;

       

      (vi)  The
        Mortgage Note and the Mortgage are not subject to any right of rescission,
        set-off, counterclaim or defense, including the defense of usury, nor will
        the
        operation of any of the terms of the Mortgage Note and the Mortgage, or the
        exercise of any right thereunder, render the Mortgage unenforceable, in whole
        or
        in part, or subject to any right of rescission, set-off, counterclaim or
        defense, including the defense of usury and no such right of rescission,
        set-off, counterclaim or defense has been asserted with respect thereto.
        Each
        Prepayment Charge or penalty with respect to any Mortgage Loan is permissible,
        enforceable and collectible under applicable federal, state and local
        law;

       

      (vii)  All
        buildings upon the Mortgaged Property are insured by a Qualified Insurer
        acceptable to Fannie Mae and Freddie
        Mac
        against
        loss by fire, hazards of extended coverage and such other hazards as are
        customary in the area where the Mortgaged Property is located, pursuant to
        insurance policies providing coverage in an amount not less than the greatest
        of
        (i) 100% of the replacement cost of all improvements to the Mortgaged Property,
        (ii) either (A) the outstanding principal balance of the Mortgage Loan with
        respect to each first lien Mortgage Loan or (B) with respect to each second
        lien
        Mortgage Loan, the sum of the outstanding principal balance of the related
        first
        lien mortgage loan and the outstanding principal balance of the second lien
        Mortgage Loan, or (iii) the amount necessary to avoid the operation of any
        co-insurance provisions with respect to the Mortgaged Property, and consistent
        with the amount that would have been required as of the date of origination
        in
        accordance with the Underwriting Guidelines. All such insurance policies
        contain
        a standard mortgagee clause naming the Seller, its successors and assigns
        as
        mortgagee and all premiums thereon have been paid. 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 which policy conforms to the requirements of
        Fannie
        Mae and Freddie
        Mac.
        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)  Any
        and
        all requirements of any federal, state or local law including, without
        limitation, usury, truth in lending, real estate settlement procedures,
        predatory and abusive lending, fair lending, consumer credit protection,
        equal
        credit opportunity, fair housing or disclosure laws applicable to the
        origination and servicing of mortgage loans of a type similar to the Mortgage
        Loans and applicable to any prepayment penalty associated with the Mortgage
        Loans at origination have been complied with;

       

      (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 (including any Negative Amortization which may arise thereunder)
        is a
        valid, existing and enforceable (A) first lien and first priority security
        interest with respect to each Mortgage Loan which is indicated by the Seller
        to
        be a first lien (as reflected on the Mortgage Loan Schedule), or (B) second
        lien
        and second priority security interest with respect to each Mortgage Loan
        which
        is indicated by the Seller to be a second lien (as reflected on the Mortgage
        Loan Schedule), in either case, on the Mortgaged Property, including all
        improvements on the Mortgaged Property subject only to (a) the lien of current
        real property taxes and assessments not yet due and payable, (b) covenants,
        conditions and restrictions, rights of way, easements and other matters of
        the
        public record as of the date of recording being acceptable to mortgage lending
        institutions generally and specifically referred to in the lender's title
        insurance policy delivered to the originator of the Mortgage Loan and which
        do
        not adversely affect the Appraised Value of the Mortgaged Property, (c) with
        respect to each Mortgage Loan which is indicated by the Seller to be a second
        lien Mortgage Loan (as reflected on the Mortgage Loan Schedule) a first lien
        on
        the Mortgaged Property; and (d) 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 the Mortgage or the use, enjoyment, value
        or
        marketability of the related Mortgaged Property. Any security agreement,
        chattel
        mortgage or equivalent document related to and delivered in connection with
        the
        Mortgage Loan establishes and creates a valid, existing and enforceable first
        or
        second lien and first or second priority security interest (in each case,
        as
        indicated on the Mortgage Loan Schedule) on the property described therein
        and
        the Seller has full right to sell and assign the same to the Purchaser. The
        Mortgaged Property was not, as of the date of origination of the Mortgage
        Loan,
        subject to a mortgage, deed of trust, deed to secure debt or other security
        instrument creating a lien subordinate to the lien of the Mortgage;

       

      (xi)  The
        Mortgage Note and the related Mortgage are genuine and each is the legal,
        valid
        and binding obligation of the maker thereof, enforceable in accordance with
        its
        terms;

       

      (xii)  All
        parties to the Mortgage Note and the Mortgage had legal capacity to enter
        into
        the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage,
        and the Mortgage Note and the Mortgage have been duly and properly executed
        by
        such parties. The Mortgagor is a natural person;

       

      (xiii)  The
        proceeds of the Mortgage Loan have been fully disbursed to or for the account
        of
        the Mortgagor and there is no obligation for the Mortgagee to advance additional
        funds thereunder and any and all requirements as to completion of any on-site
        or
        off-site improvement and as to disbursements of any escrow funds therefor
        have
        been complied with. All costs, fees and expenses incurred in making or closing
        the Mortgage Loan and the recording of the Mortgage have been paid, and the
        Mortgagor is not entitled to any refund of any amounts paid or due to the
        Mortgagee pursuant to the Mortgage Note or Mortgage;

       

      (xiv)  The
        Seller is the sole legal, beneficial and equitable owner of the Mortgage
        Note
        and the Mortgage and has full right to transfer and sell the Mortgage Loan
        to
        the Purchaser free and clear of any encumbrance, equity, lien, pledge, charge,
        claim or security interest;

       

      (xv)  All
        parties which have had any interest in the Mortgage Loan, whether as mortgagee,
        assignee, pledgee or otherwise, are (or, during the period in which they
        held
        and disposed of such interest, were) in compliance with any and all applicable
        “doing business” and licensing requirements of the laws of the state wherein the
        Mortgaged Property is located;

       

      (xvi)  The
        Mortgage Loan is covered by an American Land Title Association (“ALTA”) lender’s
        title insurance policy (which, in the case of an Adjustable Rate Mortgage
        Loan
        has an adjustable rate mortgage endorsement in the form of ALTA 6.0 or 6.1)
        acceptable to Fannie Mae and Freddie
        Mac,
        issued
        by a title insurer acceptable to Fannie Mae and Freddie
        Mac
        and
        qualified to do business in the jurisdiction where the Mortgaged Property
        is
        located, insuring (subject to the exceptions contained in (x)(a) and (b),
        and
        with respect to any second lien Mortgage Loan (c), above) the Seller, its
        successors and assigns as to the first or second priority lien (as indicated
        on
        the Mortgage Loan Schedule) of the Mortgage in the original principal amount
        of
        the Mortgage Loan (including, if the Mortgage Loan provides for Negative
        Amortization, the maximum amount of Negative Amortization in accordance with
        the
        Mortgage) and, with respect to any Adjustable Rate Mortgage Loan, against
        any
        loss by reason of the invalidity or unenforceability of the lien resulting
        from
        the provisions of the Mortgage providing for adjustment in the Mortgage Interest
        Rate and Monthly Payment and Negative Amortization provisions of the Mortgage
        Note. Additionally, such lender's title insurance policy affirmatively insures
        ingress and egress to and from the Mortgaged Property, and against encroachments
        by or upon the Mortgaged Property or any interest therein. The Seller is
        the
        sole insured of such lender's title insurance policy, and such lender’s title
        insurance policy is in full force and effect and will be in full force and
        effect upon the consummation of the transactions contemplated by this Agreement.
        No claims have been made under such lender's title insurance policy, and
        no
        prior holder of the related Mortgage, including the Seller, has done, by
        act or
        omission, anything which would impair the coverage of such lender's title
        insurance policy;

       

      (xvii)  There
        is
        no default, breach, violation 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
        default, breach, violation or event of acceleration, and the Seller has not
        waived any default, breach, violation or event of acceleration. With respect
        to
        each second lien Mortgage Loan (i) the first lien mortgage loan is in full
        force
        and effect, (ii) there is no default, breach, violation or event of acceleration
        existing under such first lien mortgage or the related mortgage note, (iii)
        no
        event which, with the passage of time or with notice and the expiration of
        any
        grace or cure period, would constitute a default, breach, violation or event
        of
        acceleration thereunder, (iv) either (A) the first lien mortgage contains
        a
        provision which allows or (B) applicable law requires, the mortgagee under
        the
        second lien Mortgage Loan to receive notice of, and affords such mortgagee
        an
        opportunity to cure any default by payment in full or otherwise under the
        first
        lien mortgage, (v) the related first lien does not provide for or permit
        negative amortization under such first lien Mortgage Loan, and (vi) either
        no
        consent for the Mortgage Loan is required by the holder of the first lien
        or
        such consent has been obtained and is contained in the Mortgage
        File;

       

      (xviii)  There
        are
        no mechanics' or similar liens or claims which have been filed for work,
        labor
        or material (and no rights are outstanding that under law could give rise
        to
        such lien) affecting the related Mortgaged Property which are or may be liens
        prior to, or equal or coordinate with, the lien of the related
        Mortgage;

       

      (xix)  All
        improvements which were considered in determining the Appraised Value of
        the
        related Mortgaged Property lay wholly within the boundaries and building
        restriction lines of the Mortgaged Property, and no improvements on adjoining
        properties encroach upon the Mortgaged Property;

       

      (xx)  The
        Mortgage Loan was originated by the Seller or by a savings and loan association,
        a savings bank, a commercial bank or similar banking institution which is
        supervised and examined by a federal or state authority, or by a mortgagee
        approved as such by the Secretary of HUD;

       

      (xxi)  
        Principal payments on the Mortgage Loan commenced no more than sixty (60)
        days
        after the proceeds of the Mortgage Loan were disbursed. The Mortgage Loan
        bears
        interest at the Mortgage Interest Rate. With respect to each Mortgage Loan
        which
        is not a Negative Amortization Loan, the Mortgage Note is payable on the
        first
        day of each month in Monthly Payments, which, in the case of a Fixed Rate
        Mortgage Loan, are sufficient to fully amortize the original principal balance
        over the original term thereof (other than with respect to a Mortgage Loan
        identified on the related Mortgage Loan Schedule as an interest-only Mortgage
        Loan during the interest-only period or a Mortgage Loan which is identified
        on
        the related Mortgage Loan Schedule as a Balloon Mortgage Loan) and to pay
        interest at the related Mortgage Interest Rate, and, in the case of an
        Adjustable Rate Mortgage Loan, are changed on each Adjustment Date, and in
        any
        case, are sufficient to fully amortize the original principal balance over
        the
        original term thereof (other than with respect to a Mortgage Loan identified
        on
        the related Mortgage Loan Schedule as an interest-only Mortgage Loan during
        the
        interest-only period or a Mortgage Loan which is identified on the related
        Mortgage Loan Schedule as a Balloon Mortgage Loan) and to pay interest at
        the
        related Mortgage Interest Rate. With respect to each Negative Amortization
        Mortgage Loan, the related Mortgage Note requires a Monthly Payment which
        is
        sufficient during the period following each Payment Adjustment Date, to fully
        amortize the outstanding principal balance as of the first day of such period
        (including any Negative Amortization) over the then remaining term of such
        Mortgage Note and to pay interest at the related Mortgage Interest Rate;
        provided, that the Monthly Payment shall not increase to an amount that exceeds
        107.5% of the amount of the Monthly Payment that was due immediately prior
        to
        the Payment Adjustment Date; provided, further, that the payment adjustment
        cap
        shall not be applicable with respect to the adjustment made to the Monthly
        Payment that occurs in a year in which the Mortgage Loan has been outstanding
        for a multiple of five (5) years and in any such year the Monthly Payment
        shall
        be adjusted to fully amortize the Mortgage Loan over the remaining term.
        With
        respect to each Mortgage Loan identified on the Mortgage Loan Schedule as
        an
        interest-only Mortgage Loan, the interest-only period shall not exceed ten
        (10)
        years (or such other period specified on the Mortgage Loan Schedule) and
        following the expiration of such interest-only period, the remaining Monthly
        Payments shall be sufficient to fully amortize the original principal balance
        over the remaining term of the Mortgage Loan and to pay interest at the related
        Mortgage Interest Rate. With respect to each Balloon Mortgage Loan, the Mortgage
        Note requires a monthly payment which is sufficient to fully amortize the
        original principal balance over the original term thereof and to pay interest
        at
        the related Mortgage Interest Rate and requires a final Monthly Payment
        substantially greater than the preceding monthly payment which is sufficient
        to
        repay the remaining unpaid principal balance of the Balloon Mortgage Loan
        at the
        Due Date of such monthly payment. The Index for each Adjustable Rate Mortgage
        Loan is as set forth on the Mortgage Loan Schedule. No Mortgage Loan is a
        Convertible Mortgage Loan. No Balloon Mortgage Loan has an original stated
        maturity of less than seven (7) years;

       

      (xxii)  The
        origination, servicing and collection practices used with respect to each
        Mortgage Note and Mortgage including, without limitation, the establishment,
        maintenance and servicing of the Escrow Accounts and Escrow Payments, if
        any,
        since origination, have been in all respects legal, proper, prudent and
        customary in the mortgage origination and servicing industry. The Mortgage
        Loan
        has been serviced by the Seller and any predecessor servicer in accordance
        with
        the terms of the Mortgage Note and Accepted Servicing Practices. With respect
        to
        escrow deposits and Escrow Payments, if any, all such payments are in the
        possession of, or under the control of, the Seller and there exist no
        deficiencies in connection therewith for which customary arrangements for
        repayment thereof have not been made. No escrow deposits or Escrow Payments
        or
        other charges or payments due the Seller have been capitalized under any
        Mortgage or the related Mortgage Note and no such escrow deposits or Escrow
        Payments are being held by the Seller for any work on a Mortgaged Property
        which
        has not been completed;

       

      (xxiii)  The
        Mortgaged Property is free of damage and waste and there is no proceeding
        pending for the total or partial condemnation thereof;

       

      (xxiv)  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. The
        Mortgaged Property has not been subject to any bankruptcy proceeding or
        foreclosure proceeding and the Mortgagor has not filed for protection under
        applicable bankruptcy laws. There is no homestead or other exemption available
        to the Mortgagor which would interfere with the right to sell the Mortgaged
        Property at a trustee's sale or the right to foreclose the Mortgage. The
        Mortgagor has not notified the Seller and the Seller has no knowledge of
        any
        relief requested or allowed to the Mortgagor under the Servicemembers’ Civil
        Relief Act;

       

      (xxv)  The
        Mortgage Loan was underwritten in accordance with the Underwriting Guidelines
        in
        effect at the time the Mortgage Loan was originated which underwriting standards
        satisfy the standards of Fannie Mae or Freddie
        Mac;
        and the
        Mortgage Note and Mortgage are on forms acceptable to Fannie Mae or Freddie
        Mac;

       

      (xxvi)  The
        Mortgage Note is not and has not been secured by any collateral except the
        lien
        of the corresponding Mortgage on the Mortgaged Property and the security
        interest of any applicable security agreement or chattel mortgage referred
        to in
        (x) above;

       

      (xxvii)  The
        Mortgage File contains an appraisal of the related Mortgaged Property which
        satisfied the standards of Fannie Mae and Freddie
        Mac,
        was on
        appraisal form 1004 or form 2055 with an interior inspection and was made
        and
        signed, prior to the approval of the Mortgage Loan application, by a qualified
        appraiser, duly appointed by the Seller, who had no interest, direct or indirect
        in the Mortgaged Property or in any loan made on the security thereof, whose
        compensation is not affected by the approval or disapproval of the Mortgage
        Loan
        and who met the minimum qualifications of Fannie Mae and Freddie
        Mac.
        Each
        appraisal of the Mortgage Loan was made in accordance with the relevant
        provisions of the Financial Institutions Reform, Recovery, and Enforcement
        Act
        of 1989;

       

      (xxviii)  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 Purchaser to the trustee under the deed of trust, except in
        connection with a trustee's sale after default by the Mortgagor;

       

      (xxix)  No
        Mortgage Loan contains provisions pursuant to which Monthly Payments are
        (a)
        paid or partially paid with funds deposited in any separate account established
        by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, (b) paid
        by
        any source other than the Mortgagor or (c) contains any other similar provisions
        which may constitute a “buydown” provision. 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;

       

      (xxx)  The
        Mortgagor has executed a statement to the effect that the Mortgagor has received
        all disclosure materials required by applicable law with respect to the making
        of fixed rate mortgage loans in the case of Fixed Rate Mortgage Loans, and
        adjustable rate mortgage loans in the case of Adjustable Rate Mortgage Loans
        and
        rescission materials with respect to Refinanced Mortgage Loans, and such
        statement is and will remain in the Mortgage File;

       

      (xxxi)  No
        Mortgage Loan was made in connection with (a) the construction or rehabilitation
        of a Mortgaged Property or (b) facilitating the trade-in or exchange of a
        Mortgaged Property;

       

      (xxxii)  The
        Seller has no knowledge of any circumstances or condition with respect to
        the
        Mortgage, the Mortgaged Property, the Mortgagor or the Mortgagor's credit
        standing that can reasonably be expected to cause the Mortgage Loan to be
        an
        unacceptable investment, cause the Mortgage Loan to become delinquent, or
        adversely affect the value of the Mortgage Loan;

       

      (xxxiii)  No
        Mortgage Loan had an LTV or a CLTV at origination in excess of 95%. Each
        Mortgage Loan with an LTV at origination in excess of 80% is and will be
        subject
        to a Primary Insurance Policy, issued by a Qualified Insurer, which insures
        that
        portion of the Mortgage Loan in excess of the portion of the Appraised Value
        of
        the Mortgaged Property as required by Fannie Mae. With respect to any Mortgage
        Loan which allows Negative Amortization, such Primary Insurance Policy contains
        provisions to cover the potential Negative Amortization of such Mortgage
        Loan.
        All provisions of such Primary Insurance Policy have been and are being complied
        with, such policy is in full force and effect, and all premiums due thereunder
        have been paid. Any Mortgage subject to any such Primary Insurance Policy
        obligates the Mortgagor thereunder to maintain such insurance and to pay
        all
        premiums and charges in connection therewith. The Mortgage Interest Rate
        for the
        Mortgage Loan does not include any such insurance premium. No Mortgage Loan
        is
        subject to a lender paid primary mortgage insurance policy;

       

      (xxxiv)  The
        Mortgaged Property is lawfully occupied under applicable law; all inspections,
        licenses and certificates required to be made or issued with respect to all
        occupied portions of the Mortgaged Property and, with respect to the use
        and
        occupancy of the same, including but not limited to certificates of occupancy,
        have been made or obtained from the appropriate authorities;

       

      (xxxv)  No
        error,
        omission, misrepresentation, negligence, fraud or similar occurrence with
        respect to a Mortgage Loan has taken place on the part of any person, including
        without limitation the Mortgagor, any appraiser, any builder or developer,
        or
        any other party involved in the origination of the Mortgage Loan or in the
        application of any insurance in relation to such Mortgage Loan;

       

      (xxxvi)  The
        Assignment of Mortgage is in recordable form, except for the name of the
        assignee which is blank, and is acceptable for recording under the laws of
        the
        jurisdiction in which the Mortgaged Property is located;

       

      (xxxvii)  Any
        principal advances made to the Mortgagor prior to the Cut-off Date have been
        consolidated with the outstanding principal amount secured by the Mortgage,
        and
        the secured principal amount, as consolidated, bears a single interest rate
        and
        single repayment term. The lien of the Mortgage securing the consolidated
        principal amount is expressly insured as having first or second (as indicated
        on
        the Mortgage Loan Schedule) lien priority by a title insurance policy, an
        endorsement to the policy insuring the mortgagee's consolidated interest
        or by
        other title evidence acceptable to Fannie Mae and Freddie
        Mac.
        The
        consolidated principal amount does not exceed the original principal amount
        of
        the Mortgage Loan plus any Negative Amortization;

       

      (xxxviii)  If
        the
        Residential Dwelling on the Mortgaged Property is a condominium unit or a
        unit
        in a planned unit development (other than a de minimis planned unit development)
        such condominium or planned unit development project meets the eligibility
        requirements of Fannie Mae and Freddie
        Mac;

       

      (xxxix)  The
        source of the down payment with respect to each Mortgage Loan has been fully
        verified by the Seller;

       

      (xl)  Interest
        on each Mortgage Loan is calculated on the basis of a 360-day year consisting
        of
        twelve 30-day months;

       

      (xli)  The
        Mortgaged Property is in material compliance with all applicable environmental
        laws pertaining to environmental hazards including, without limitation,
        asbestos, and neither the Seller nor, to the Seller’s knowledge, the related
        Mortgagor, has received any notice of any violation or potential violation
        of
        such law;

       

      (xlii)  The
        Seller shall, at its own expense, cause each Mortgage Loan to be covered
        by a
        Tax Service Contract which is assignable to the Purchaser or its designee;
        provided however, that if the Seller fails to purchase such Tax Service
        Contract, the Seller shall be required to reimburse the Purchaser for all
        costs
        and expenses incurred by the Purchaser in connection with the purchase of
        any
        such Tax Service Contract;

       

      (xliii)  Each
        Mortgage Loan is covered by a Flood Zone Service Contract which is assignable
        to
        the Purchaser or its designee or, for each Mortgage Loan not covered by such
        Flood Zone Service Contract, the Seller agrees to purchase such Flood Zone
        Service Contract;

       

      (xliv)  No
        Mortgage Loan is (a)(1) subject to the provisions of the Homeownership and
        Equity Protection Act of 1994 as amended (“HOEPA”) or (2) has an “annual
        percentage rate” or “total points and fees” (as each such term is defined under
        HOEPA) payable by the Mortgagor that equal or exceed the applicable thresholds
        defined under HOEPA (as defined in 12 CFR 226.32 (a)(1)(i) and (ii)), (b)
        a
“high cost” mortgage loan, “covered” mortgage loan, “high risk home” mortgage
        loan, or “predatory” mortgage loan or any other comparable term, no matter how
        defined under any federal, state or local law, (c) subject to any comparable
        federal, state or local statutes or regulations, or any other statute or
        regulation providing for heightened regulatory scrutiny or assignee liability
        to
        holders of such mortgage loans, or (d) a High Cost Loan or Covered Loan,
        as
        applicable (as such terms are defined in the current Standard & Poor’s
        LEVELS® Glossary Revised, Appendix E);

       

      (xlv)  No
        predatory, abusive, or deceptive lending practices, including but not limited
        to, the extension of credit to a Mortgagor without regard for the Mortgagor’s
        ability to repay the Mortgage Loan and the extension of credit to a Mortgagor
        which has no apparent benefit to the Mortgagor, were employed in connection
        with
        the origination of the Mortgage Loan. Each Mortgage Loan is in compliance
        with
        the anti-predatory lending eligibility for purchase requirements of the Fannie
        Mae Guides;

       

      (xlvi)  The
        debt-to-income ratio of the related Mortgagor was not greater than 60% at
        the
        origination of the related Mortgage Loan;

       

      (xlvii)  No
        Mortgagor was required to purchase any credit insurance product (e.g., life,
        mortgage, disability, accident, unemployment or health insurance product)
        or
        debt cancellation agreement as a condition of obtaining the extension of
        credit.
        No Mortgagor obtained a prepaid single premium credit insurance policy (e.g.,
        life, mortgage, disability, accident, unemployment or health insurance product)
        or debt cancellation agreement in connection with the origination of the
        Mortgage Loan. No proceeds from any Mortgage Loan were used to purchase single
        premium credit insurance policies or debt cancellation agreements as part
        of the
        origination of, or as a condition to closing, such Mortgage Loan;

       

      (xlviii)  The
        Mortgage Loans were not selected from the outstanding one- to four-family
        mortgage loans in the Seller’s portfolio as to which the representations and
        warranties set forth in this Agreement could be made at the related Closing
        Date
        in a manner so as to affect adversely the interests of the
        Purchaser;

       

      (xlix)  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;

       

      (l)  The
        Mortgage Loan complies with all applicable consumer credit statutes and
        regulations, including, without limitation, the respective Uniform Consumer
        Credit Code laws in effect in Alabama, Colorado, Idaho, Indiana, Iowa, Kansas,
        Maine, Oklahoma, South Carolina, Utah, West Virginia and Wyoming, has been
        originated by a properly licensed entity or an entity that is exempt from
        licensing, and in all other respects, complies with all of the material
        requirements of any such applicable laws;

       

      (li)  The
        information set forth in the Mortgage Loan Schedule as to Prepayment Charges
        is
        complete, true and correct in all material respects and each Prepayment Charge
        is permissible, enforceable and collectable in accordance with its terms
        upon
        the Mortgagor’s full and voluntary principal payment under applicable
        law;

       

      (lii)  The
        Mortgage Loan was not prepaid in full prior to the Closing Date and the Seller
        has not received notification from a Mortgagor that a prepayment in full
        shall
        be made after the Closing Date;

       

      (liii)  No
        Mortgage Loan is secured by cooperative housing, commercial property or mixed
        use property;

       

      (liv)  Each
        Mortgage Loan is eligible for sale in the secondary market or for inclusion
        in a
        Securitization Transaction without unreasonable credit enhancement;

       

      (lv)  Except
        as
        set forth on the related Mortgage Loan Schedule, none of the Mortgage Loans
        are
        subject to a Prepayment Charge. With respect to any Mortgage Loan that contains
        a provision permitting imposition of a premium upon a prepayment prior to
        maturity: (a) the Mortgage Loan provides some benefit to the Mortgagor (e.g.
        a
        rate or fee reduction) in exchange for accepting such Prepayment Charge;
        (b) the
        Mortgage Loan’s originator had a written policy of offering the Mortgagor, or
        requiring third-party brokers to offer the Mortgagor, the option of obtaining
        a
        Mortgage Loan that did not require payment of such a Prepayment Charge; (c)
        the
        Prepayment Charge was adequately disclosed to the Mortgagor pursuant to
        applicable state and federal law; (d) the duration of the Prepayment Charge
        shall not exceed three (3) years from the date of the Mortgage Note; and
        (e)
        such Prepayment Charge shall not be imposed in any instance where the Mortgage
        Loan is accelerated or paid off in connection with the workout of a delinquent
        Mortgage or due to the Mortgagor’s default, notwithstanding that the terms of
        the Mortgage Loan or state or federal law might permit the imposition of
        such
        Prepayment Charge;

       

      (lvi)  The
        Seller has complied with all applicable anti-money laundering laws and
        regulations, including without limitation the Bank Secrecy Act, as amended
        by
        the USA Patriot Act of 2001 (collectively, the “Anti-Money Laundering Laws”);
        the Seller has established an anti-money laundering compliance program as
        required by the Anti-Money Laundering Laws, has conducted the requisite due
        diligence in connection with the origination of each Mortgage Loan for purposes
        of the Anti-Money Laundering Laws, including with respect to the legitimacy
        of
        the applicable Mortgagor and the origin of the assets used by the said Mortgagor
        to purchase the Mortgaged Property, and maintains, and will maintain, sufficient
        information to identify and verify the identification of the applicable
        Mortgagor for purposes of the Anti-Money Laundering Laws. No Mortgage Loan
        is
        subject to nullification pursuant to Executive Order 13224 (the “Executive
        Order”) or the regulations promulgated by the Office of Foreign Assets Control
        of the United States Department of the Treasury (the “OFAC Regulations”) or in
        violation of the Executive Order or the OFAC Regulations, and no Mortgagor
        is
        subject to the provisions of such Executive Order or the OFAC Regulations
        nor
        listed as a “specially designated national or blocked person” for purposes of
        the OFAC Regulations;

       

      (lvii)  The
        Mortgagor 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 Mortgagor’s credit
        history, income, assets and liabilities. If, at the time of loan application,
        the Mortgagor may have qualified for a lower cost credit product then offered
        by
        any mortgage lending affiliate of the Mortgage Loan’s originator, the Mortgage
        Loan’s originator referred the Mortgagor’s application to such affiliate for
        underwriting consideration. With respect to any Mortgage Loan, the Mortgagor
        was
        assigned the highest credit grade available with respect to a mortgage loan
        product offered by such Mortgage Loan’s originator, based on a comprehensive
        assessment of risk factors, including the Mortgagor’s credit
        history;

       

      (lviii)  The
        methodology used in underwriting the extension of credit for each Mortgage
        Loan
        did not rely on the extent of the Mortgagor’s equity in the collateral as the
        principal determining factor in approving such extension of credit. The
        methodology employed objective criteria that related such facts as, without
        limitation, the Mortgagor’s credit history, income, assets or 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 Mortgagor had the ability to make timely payments on the
        Mortgage Loan;

       

      (lix)  With
        respect to each Mortgage Loan, the Seller has fully and accurately furnished
        complete information (i.e., favorable and unfavorable) on the related borrower
        credit files to Equifax, Experian and Trans Union Credit Information Company,
        in
        accordance with the Fair Credit Reporting Act and its implementing regulations,
        on a monthly basis and, for each Mortgage Loan, the Seller will furnish,
        in
        accordance with the Fair Credit Reporting Act and its implementing regulations,
        accurate and complete information on its borrower credit files to Equifax,
        Experian, and Trans Union Credit Information Company, on a monthly
        basis;

       

      (lx)  All
        points and fees related to each Mortgage Loan were disclosed in writing to
        the
        related Borrower in accordance with applicable state and federal laws and
        regulations. No related Borrower was charged “points and fees” (whether or not
        financed) in an amount greater than (a) $1,000 or (b) 5% of the principal
        amount
        of such loan, whichever is greater, such 5% limitation is calculated in
        accordance with Fannie Mae’s anti-predatory lending requirements as set forth in
        the Fannie Mae Guides. For purposes of this representation, “points and fees”
(a) include origination, underwriting, broker and finder’s fees and other
        charges that the lender imposed as a condition of making the loan, whether
        they
        are paid to the lender or a third party, and (b) 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 that, in total, do not exceed 0.25 percent
        of the
        loan amount. All points, fees and charges (including finance charges) and
        whether or not financed, assessed, collected or to be collected in connection
        with the origination and servicing of each Mortgage Loan were disclosed in
        writing to the related Mortgagor in accordance with applicable state and
        federal
        laws and regulations;

       

      (lxi)  The
        Seller will transmit full-file credit reporting data for each Mortgage Loan
        pursuant to Fannie Mae Guide Announcement 95-19 and for each Mortgage Loan,
        Seller agrees it shall report one of the following statuses each month as
        follows: new origination, current, delinquent (30-, 60-, 90-days, etc.),
        foreclosed, or charged-off;

       

      (lxii)  With
        respect to any Mortgage Loan which is secured by manufactured housing, if such
        Mortgage Loans are permitted hereunder, such Mortgage Loan satisfies the
        requirements for inclusion in residential mortgage backed securities
        transactions rated by Standard & Poor's Ratings Services and such
        manufactured housing will be the principal residence of the Mortgagor upon
        the
        origination of the Mortgage Loan. With respect to any second lien Mortgage
        Loan,
        such lien is on a one- to four-family residence that is (or will be) the
        principal residence of the Mortgagor upon the origination of the second lien
        Mortgage Loan;

       

      (lxiii)  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);

       

      (lxiv)  No
        Mortgage Loan is secured by real property or secured by a manufactured home
        located in the state of Georgia unless (x) such Mortgage Loan was originated
        prior to October 1, 2002 or after March 6, 2003, or (y) the property securing
        the Mortgage Loan is not, nor will be, occupied by the Mortgagor as the
        Mortgagor’s principal dwelling. No Mortgage Loan is a “High Cost Home Loan” as
        defined in the Georgia Fair Lending Act, as amended (the “Georgia Act”). Each
        Mortgage Loan that is a “Home Loan” under the Georgia Act complies with all
        applicable provisions of the Georgia Act. No Mortgage Loan secured by owner
        occupied real property or an owner occupied manufactured home located in
        the
        State of Georgia was originated (or modified) on or after October 1, 2002
        through and including March 6, 2003;

       

      (lxv)  No
        Mortgage Loan is a “High-Cost” loan as defined under the New York Banking Law
        Section 6-1, effective as of April 1, 2003;

       

      (lxvi)  No
        Mortgage Loan (a) is secured by property located in the State of New York;
        (b)
        had an unpaid principal balance at origination of $300,000 or less, and (c)
        has
        an application date on or after April 1, 2003, the terms of which Mortgage
        Loan
        equal or exceed either the APR or the points and fees threshold for “high-cost
        home loans”, as defined in Section 6-1 of the New York State Banking
        Law;

       

      (lxvii)  No
        Mortgage Loan is a “High Cost Home Loan” as defined in the Arkansas Home Loan
        Protection Act effective July 16, 2003 (Act 1340 or 2003);

       

      (lxviii)  No
        Mortgage Loan is a “High Cost Home Loan” as defined in the Kentucky high-cost
        loan statute effective June 24, 2003 (Ky. Rev. Stat.
        Section 360.100);

       

      (lxix)  No
        Mortgage Loan secured by property located in the State of Nevada is a “home
        loan” as defined in the Nevada Assembly Bill No. 284;

       

      (lxx)  No
        Mortgage Loan is a “manufactured housing loan” or “home improvement home loan”
pursuant to the New Jersey Home Ownership Act. No Mortgage Loan is a “High-Cost
        Home Loan” or a refinanced “Covered Home Loan,” in each case, as defined in the
        New Jersey Home Ownership Act effective November 27, 2003 (N.J.S.A. 46;10B-22
        et
        seq.);

       

      (lxxi)  No
        Mortgage Loan is a subsection 10 mortgage under the Oklahoma Home Ownership
        and
        Equity protection Act;

       

      (lxxii)  No
        Mortgage Loan is a “High-Cost Home Loan” as defined in the New Mexico Home Loan
        Protection Act effective January 1, 2004 (N.M. Stat. Ann. §§ 58-21A-1 et
        seq.);

       

      (lxxiii)  No
        Mortgage Loan is a “High-Risk Home Loan” as defined in the Illinois High-Risk
        Home Loan Act effective January 1, 2004 (815 Ill. Comp. Stat. 137/1 et
        seq.);

       

      (lxxiv)  No
        Loan
        that is secured by property located within the State of Maine meets the
        definition of a (i) “high-rate, high-fee” mortgage loan under Article VIII,
        Title 9-A of the Maine Consumer Credit Code or (ii) “High-Cost Home Loan” as
        defined under the Maine House Bill 383 L.D. 494, effective as of September
        13,
        2003;

       

      (lxxv)  With
        respect to any Loan for which a mortgage loan application was submitted by
        the
        Mortgagor after April 1, 2004, no such Loan secured by Mortgaged Property
        in the
        State of Illinois which has a Loan Interest Rate in excess of 8.0% per annum
        has
        lender-imposed fees (or other charges) in excess of 3.0% of the original
        principal balance of the Loan;

       

      (lxxvi)  No
        Mortgage Loan is a “High Cost Home Mortgage Loan” as defined in the
        Massachusetts Predatory Home Loan Practices Act, effective November 7, 2004
        (Mass. Ann. Laws Ch. 183C). No Mortgage Loan secured by a Mortgaged Property
        located in the Commonwealth of Massachusetts was made to pay off or refinance
        an
        existing loan or other debt of the related borrower (as the term “borrower” is
        defined in the regulations promulgated by the Massachusetts Secretary of
        State
        in connection with Massachusetts House Bill 4880 (2004)) unless either (1)
        (a)
        the related Mortgage Interest Rate (that would be effective once the
        introductory rate expires, with respect to Adjustable Rate Mortgage Loans)
        did
        or would not exceed by more than 2.25% the yield on United States Treasury
        securities having comparable periods of maturity to the maturity of the related
        Mortgage Loan as of the fifteenth day of the month immediately preceding
        the
        month in which the application for the extension of credit was received by
        the
        related lender or (b) the Mortgage Loan is an “open-end home loan” (as such term
        is used in the Massachusetts House Bill 4880 (2004)) and the related Mortgage
        Note provides that the related Mortgage Interest Rate may not exceed at any
        time
        the Prime rate index as published in The Wall Street Journal plus a margin
        of
        one percent, or (2) such Mortgage Loan is in the "borrower's interest," as
        documented by a "borrower's interest worksheet" for the particular Mortgage
        Loan, which worksheet incorporates the factors set forth in Massachusetts
        House
        Bill 4880 (2004) and the regulations promulgated thereunder for determining
        "borrower's interest," and otherwise complies in all material respects with
        the
        laws of the Commonwealth of Massachusetts;

       

      (lxxvii)  No
        Loan
        is a “High Cost Home Loan” as defined by the Indiana Home Loan Practices Act,
        effective January 1, 2005 ( Ind. Code Ann. §§ 24-9-1 et seq.);

       

      (lxxviii)  The
        Mortgagee has not made or caused to be made any payment in the nature of
        an
“average” or “yield spread premium” to a mortgage broker or a like Person which
        has not been fully disclosed to the Mortgagor;

       

      (lxxix)  The
        sale
        or transfer of the Mortgage Loan by the Seller complies with all applicable
        federal, state, and local laws, rules, and regulations governing such sale
        or
        transfer, including, without limitation, the Fair and Accurate Credit
        Transactions Act (“FACT Act”) and the Fair Credit Reporting Act, each as may be
        amended from time to time, and the Seller has not received any actual or
        constructive notice of any identity theft, fraud, or other misrepresentation
        in
        connection with such Mortgage Loan or any party thereto;

       

      (lxxx)  With
        respect to each MOM Loan, a MIN has been assigned by MERS and such MIN is
        accurately provided on the Mortgage Loan Schedule. The related Assignment
        of
        Mortgage to MERS has been duly and properly recorded, or has been delivered
        for
        recording to the applicable recording office;

       

      (lxxxi)  With
        respect to each MOM Loan, Seller has not received any notice of liens or
        legal
        actions with respect to such Mortgage Loan and no such notices have been
        electronically posted by MERS;

       

      (lxxxii)  With
        respect to each second lien Mortgage Loan, either no consent for the Mortgage
        Loan is required by the holder of the first lien or such consent has been
        obtained and is contained in the Mortgage File; and

       

      (lxxxiii)  No
        Mortgagor agreed to submit to arbitration to resolve any dispute arising
        out of
        or relating in any way to the Mortgage Loan transaction. No Mortgage Loan
        is
        subject to any mandatory arbitration.

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      

        ASSIGNMENT
          AND RECOGNITION AGREEMENT

         

        THIS
          ASSIGNMENT AND RECOGNITION AGREEMENT, dated February 1, 2007, (“Agreement”)
          among
          Greenwich Capital Financial Products, Inc. (“Assignor”),
          Financial Asset Securities Corp. (“Assignee”)
          and
          Ameriquest Mortgage Company (the “Company”):

         

        
          For
            and
            in consideration of the sum of TEN DOLLARS ($10.00) and a certain percentage
            of
the
            Class
            C Certificates, the Class P Certificates and the Class FL Certificates
            which
            shall be registered in the name of Greenwich Capital Financial Products,
            Inc. or
            its designee, and of the mutual covenants herein contained, the parties
            hereto
            hereby agree as follows:

           

        

        Assignment
          and Conveyance

        

        1.  The
          Assignor hereby conveys, sells, grants, transfers and assigns to the Assignee
          (x) all of the right, title and interest of the Assignor, as purchaser,
          in, to
          and under (a) those certain Mortgage Loans listed as being originated by
          the
          Company on the schedule (the “Mortgage
          Loan Schedule”)
          attached hereto as Exhibit A (the “Mortgage
          Loans”)
          and
          (b) except as described below, that certain Master Mortgage Loan Purchase
          and
          Interim Servicing Agreement dated as of June 1, 2006, as amended (the
“Purchase
          Agreement”),
          between the Assignor, as purchaser (the “Purchaser”),
          and
          the Company, as seller, solely insofar as the Purchase Agreement relates
          to the
          Mortgage Loans and (y) other than as provided below with respect to the
          enforcement of representations and warranties, none of the obligations
          of the
          Assignor under the Purchase Agreement.

         

        The
          Assignor specifically reserves and does not assign to the Assignee hereunder
          any
          and all right, title and interest in, to and under and any obligations
          of the
          Assignor with respect to any mortgage loans subject to the Purchase Agreement
          which are not the Mortgage Loans set forth on the Mortgage Loan Schedule
          and are
          not the subject of this Agreement.

        

        Recognition
          of the Company

        

        2.  From
          and
          after the date hereof, the Company shall and does hereby recognize that
          the
          Assignee will transfer the Mortgage Loans and assign its rights under the
          Purchase Agreement (solely to the extent set forth herein) and this Agreement
          to
          Soundview Home Loan Trust 2007-1 (the “Trust”)
          created pursuant to a Pooling and Servicing Agreement, dated as of February
          1,
          2007 (the “Pooling
          Agreement”),
          among
          the
          Assignee, Ocwen Loan Servicing, LLC as servicer (including their successors
          in
          interest and any successor servicers under the Pooling Agreement, a
“Servicer”),
          Wells
          Fargo Bank, N.A. as master servicer and trust administrator and Deutsche
          Bank
          National Trust Company, as trustee (including its successors in interest
          and any
          successor trustees under the Pooling Agreement, the “Trustee”).
          The
          Company hereby acknowledges and agrees that from and after the date hereof
          (i) the Trust will be the owner of the Mortgage Loans, (ii) the
          Company shall look solely to the Trust for performance of any obligations
          of the
          Assignor insofar as they relate to the enforcement of the representations,
          warranties and covenants with respect to the Mortgage Loans, (iii) the
          Trust (including
          the Trustee, the Trust Administrator, the Master Servicer and the Servicer
          acting on the Trust’s behalf) shall
          have all the rights and remedies available to the Assignor, insofar as
          they
          relate to the Mortgage Loans, under the Purchase Agreement, including,
          without
          limitation, the enforcement of the document delivery requirements and remedies
          with respect to breaches of representations and warranties set forth in
          the
          Purchase Agreement, and shall be entitled to enforce all of the obligations
          of
          the Company thereunder insofar as they relate to the Mortgage Loans, and
          (iv) all references to the Purchaser (insofar as they relate to the rights,
          title and interest and, with respect to obligations of the Purchaser, only
          insofar as they relate to the enforcement of the representations, warranties
          and
          covenants of the Company) or the Custodian under the Purchase Agreement
          insofar
          as they relate to the Mortgage Loans, shall be deemed to refer to the Trust
          (including the Trustee, the Trust Administrator, the Master Servicer and
          the
          Servicer acting on the Trust’s behalf). Neither the Company nor the Assignor
          shall amend or agree to amend, modify, waiver, or otherwise alter any of
          the
          terms or provisions of the Purchase Agreement which amendment, modification,
          waiver or other alteration would in any way affect the Mortgage Loans or
          the
          Company’s performance under the Purchase Agreement with respect to the Mortgage
          Loans without the prior written consent of the Trustee.

         

        

         

        Representations
          and Warranties of the Company

        3.  The
          Company warrants and represents to the Assignor, the Assignee and the Trust
          as
          of the date hereof that:

         

        (a)  The
          Company is duly organized, validly existing and in good standing as a
          corporation under the laws of the State of Delaware; 

         

        (b)  The
          Company has the full power and authority to execute, deliver and perform,
          and to
          enter into and consummate, all transactions contemplated by this Agreement.
          The
          Company 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 Assignor or Assignee
          constitutes a legal, valid and binding obligation of the Company, enforceable
          against it in accordance with its terms except as the enforceability thereof
          may
          be limited by bankruptcy, insolvency or reorganization; 

         

        (c)  The
          execution and delivery of this Agreement by the Company and the performance
          of
          and compliance with the terms of this Agreement will not violate the Company’s
          articles of incorporation or by-laws or constitute a default under or result
          in
          a breach or acceleration of, any material contract, agreement or other
          instrument to which the Company is a party or which may be applicable to
          the
          Company or its assets; 

         

        (d)  The
          Company is not in violation of, and the execution and delivery of this
          Agreement
          by the Company 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 Company or its assets,
          which
          violation might have consequences that would materially and adversely affect
          the
          condition (financial or otherwise) or the operation of the Company or its
          assets
          or might have consequences that would materially and adversely affect the
          performance of its obligations and duties hereunder;

         

        (e)  The
          Company 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;
          

         

        (f)  There
          are
          no actions or proceedings against, investigations known to it of, the Company
          before any court, administrative or other tribunal (A) that might prohibit
          its
          entering into this Agreement or (B) that might prohibit or materially and
          adversely affect the performance by the Company of its obligations under,
          or
          validity or enforceability of, this Agreement or the Mortgage Loans;
          and

         

        (g)  No
          consent, approval, authorization or order of any court or governmental
          agency or
          body is required for the execution, delivery and performance by the Company
          of,
          or compliance by the Company with, this Agreement or the consummation of
          the
          transactions contemplated by this Agreement, except for such consents,
          approvals, authorizations or orders, if any, that have been obtained.

         

        4.  Pursuant
          to Section 11 of the Purchase Agreement, the Company hereby represents
          and
          warrants, for the benefit of the Assignor, the Assignee and the Trust,
          that the
          representations and warranties set forth in Sections 7.01 and 7.03 (attached
          hereto as Schedule I) of the Purchase Agreement, are true and correct as
          of the
          date hereof as if such representations and warranties were made on the
          date
          hereof or such earlier date as specified in any such representation and
          warranty.

         

        5.  The
          Assignor hereby makes the following representations, warranties and covenants
          as
          of the date hereof:

         

        (a)  With
          respect to the representations and warranties set forth in Section 7.03
          (a) (2),
          Section 7.03 (a) (3), Section 7.03 (a) (4), Section 7.03 (a) (5), Section
          7.03
          (a) (7), Section 7.03 (a) (9), Section 7.03 (a) (15), Section 7.03 (a)
          (16),
          Section 7.03 (a) (18), Section 7.03 (a) (19), Section 7.03 (a) (20), Section
          7.03 (a) (25), Section 7.03 (a) (34), Section 7.03 (a) (41) and Section
          7.03 (a)
          (50) to the best of the Assignor’s knowledge, nothing has occurred in the period
          of time since the whole loan purchase date to the date hereof which would
          cause
          such representations and warranties to be untrue in any material respect
          as of
          the date hereof;

         

        (b)  Each
          Mortgage Loan at the time it was made complied in all material respects
          with
          applicable local, state, and federal laws, including, but not limited to,
          all
          applicable predatory and abusive lending laws;

         

        (c)  None
          of
          the mortgage loans are High Cost as defined by any applicable predatory
          and
          abusive and/or usury lending laws; 

         

        (d)  No
          Mortgage 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 Glossary,
          Appendix E); 

         

        (e)  No
          mortgage loan originated on or after October 1, 2002 through March 6, 2003
          is
          governed by the Georgia Fair Lending Act.

         

        (f)  With
          respect to the Group I Mortgage Loans:

         

          (i)
          There
          are
          no manufactured housing units;

         

        
          	(ii)  	
                  There
                    are no first lien mortgage loans that have an original principal
                    balance
                    that exceeds the applicable Freddie Mac loan limits;
                    

                

        

         

        
          	(iii)  	
                  With
                    respect to any subordinate lien mortgage loans, such lien is
                    on a one- to
                    four- family residence that is the principal residence of the
                    boffower.

                

        

         

        
          	(iv)  	
                  No
                    subordinate lien mortgage loan has an original principal balance
                    that
                    exceeds one-half of the one-unit limitation for first lien mortgage
                    loans,
                    without regard to the number of
                    units;

                

        

         

        
          	(v)  	
                  The
                    original principal balance of the first lien mortgage loan plus
                    the
                    original principal balance of any subordinate lien mortgage loans
                    relating
                    to the same mortgaged property does not exceed the applicable
                    Freddie Mac
                    loan limit for first lien mortgage loans for that property
                    type.

                

        

         

        

         

        Remedies
          for Breach of Representations and Warranties

        

        6.  The
          Company hereby acknowledges and agrees that the remedies available to the
          Assignor, the Assignee and the Trust (including
          the Trustee, the Trust Administrator, the Master Servicer and the Servicer
          acting on the Trust’s behalf)
          in
          connection with any breach of the representations and warranties made by
          the
          Company set forth in Sections 3 and 4 hereof shall be as set forth in Subsection
          7.04 of the Purchase Agreement as if they were set forth herein (including
          without limitation the repurchase and indemnity obligations set forth therein);
          provided, however, with respect to any representation of the Company which
          materially and adversely affects the interests of any Prepayment Charge,
          the
          Company shall pay the amount of the scheduled Prepayment Charge by remitting
          such amount to the Servicer for deposit into the Collection Account in
          respect
          of such Prepayment Charge.

         

        The
          Assignor hereby acknowledges and agrees that the remedies available to
          the
          Assignee and the Trust (including the Trustee, the Trust Administrator,
          the
          Master Servicer and the Servicer acting on the Trust’s behalf) in connection
          with any breach of the representations and warranties made by the Assignor
          set
          forth in Section 5 hereof shall be as set forth in Section 2.03 of the
          Pooling
          Agreement as if they were set forth herein.

        

        

        Miscellaneous

        

        7.  This
          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. 

         

        8.  No
          term
          or provision of this Agreement may be waived or modified unless such waiver
          or
          modification is in writing and signed by the party against whom such waiver
          or
          modification is sought to be enforced, with the prior written consent of
          the
          Trustee. 

         

        9.  This
          Agreement shall inure to the benefit of (i) the successors and assigns
          of the
          parties hereto and (ii) the Trust (including the Trustee, the Trust
          Administrator, the Master Servicer and the Servicer acting on the Trust’s
          behalf). 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. 

         

        10.  Each
          of
          this Agreement and the Purchase Agreement shall survive the conveyance
          of the
          Mortgage Loans and the assignment of the Purchase Agreement (to the extent
          assigned hereunder) by Assignor to Assignee and by Assignee to the Trust
          and
          nothing contained herein shall supersede or amend the terms of the Purchase
          Agreement.

         

        11.  This
          Agreement may be executed simultaneously in any number of counterparts.
          Each
          counterpart shall be deemed to be an original and all such counterparts
          shall
          constitute one and the same instrument. 

         

        12.  In
          the
          event that any provision of this Agreement conflicts with any provision
          of the
          Purchase Agreement with respect to the Mortgage Loans, the terms of this
          Agreement shall control. 

         

        13.  Capitalized
          terms used in this Agreement (including the exhibits hereto) but not defined
          in
          this Agreement shall have the meanings given to such terms in the Purchase
          Agreement.

         

         

        [SIGNATURE
          PAGE FOLLOWS]

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        IN
          WITNESS WHEREOF, the parties have caused this Agreement to be executed
          by their
          duly authorized officers as of the date first above written.

         

        

        GREENWICH
          CAPITAL FINANCIAL PRODUCTS, INC.

        

        

        By:________________________________   

        Name:
          

        Title:

        

        

        FINANCIAL
          ASSET SECURITIES CORP.

        

        

        By:
          ________________________________   

        Name:
          

        Title:

        

        

        AMERIQUEST
          MORTGAGE COMPANY

        

        

        By:
          ________________________________   

        Name:
          

        Title:

         

        
 

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        EXHIBIT
          A

        

        Mortgage
          Loan Schedule

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        SCHEDULE
          I

        

        Capitalized
          terms used in this Schedule I but not defined in this Agreement shall have
          the
          meanings given to such terms in the Purchase Agreement.

        

        The
          information set forth in the Mortgage Loan Schedule is complete, true and
          correct as of the related Cut-off Date; 

         

        1.  The
          information set forth in the Mortgage Loan Schedule is complete, true and
          correct as of the related Cut-off Date;

         

        2.  As
          of the
          Closing Date, the Mortgage Loan is in compliance with all requirements
          set forth
          in the Term Sheet;

         

        3.  As
          of the
          related Closing Date, the Company has not advanced funds, or induced, solicited
          or knowingly received any advance of funds from a party other than the
          owner of
          the related Mortgaged Property, directly, for the payment of any amount
          required
          by the Mortgage Note or Mortgage, and no Mortgage Loan has been delinquent
          for
          more than thirty (30) days in the prior twelve (12) months;

         

        4.  As
          of the
          related Closing Date, there are no delinquent taxes or insurance premiums
          affecting the related Mortgaged Property;

         

        5.  As
          of the
          related Closing Date, the terms of the Mortgage Note and the Mortgage have
          not
          been 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, and which have been delivered
          to the
          Custodian; the substance of any such waiver, alteration or modification
          has been
          approved by the title insurer, to the extent required by the related policy,
          and
          is reflected on the Mortgage Loan Schedule. No instrument of waiver, alteration
          or modification has been executed, and no Mortgagor has been released,
          in whole
          or in part, except in connection with an assumption agreement approved
          by title
          insurer, to the extent required by the policy, and which assumption agreement
          has been delivered to the Custodian and the terms of which are reflected
          in the
          Mortgage Loan Schedule;

         

        6.  The
          Mortgage Note and the Mortgage are not subject to any valid right of rescission,
          set-off, counterclaim or defense, including the defense of usury, nor will
          the
          operation of any of the terms of the Mortgage Note and the Mortgage, or
          the
          exercise of any right thereunder, render the Mortgage unenforceable, in
          whole or
          in part, or subject to any such valid right of rescission, set-off, counterclaim
          or defense, including the defense of usury and no such valid right of
          rescission, set-off, counterclaim or defense has been asserted with respect
          thereto. 

         

        7.  As
          of the
          related Closing Date, all buildings upon the Mortgaged Property are insured
          by a
          generally acceptable insurer against loss by fire, hazards of extended
          coverage
          and such other hazards as are customary in the area where the Mortgaged
          Property
          is located, in an amount not less than the least of (i) 100% of the replacement
          cost of all improvements to the Mortgaged Property, (ii) either (A) the
          outstanding principal balance of the Mortgage Loan with respect to each
          first
          lien Mortgage Loan or (B) with respect to each second lien Mortgage Loan,
          the
          sum of the outstanding principal balance of the related first lien mortgage
          loan
          and the outstanding principal balance of the second lien Mortgage Loan,
          (iii)
          the amount necessary to avoid the operation of any co-insurance provisions
          with
          respect to the Mortgaged Property, or (iv) the amount necessary to fully
          compensate for any damage or loss to the improvements that are a part of
          such
          property on a replacement cost basis. All such insurance policies contain
          a
          standard mortgagee clause naming the originator, its successors and assigns
          as
          mortgagee and all premiums thereon are paid current. If upon origination
          of the
          Mortgage Loan, the Mortgaged Property was 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
          which
          policy conforms to the requirements of Fannie Mae and Freddie Mac. Except
          as may
          otherwise 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;

         

        8.  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, disclosure laws and/or all
          predatory and abusive lending laws applicable to the origination and servicing
          of the Mortgage Loan have been complied with. Any and all disclosure statements
          required to be made by the Mortgagor relating to such requirements are
          and will
          remain in the Mortgage File;

         

        9.  As
          of the
          related Closing Date, the Mortgage has not been satisfied, canceled,
          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;

         

        10.  The
          Mortgage creates a valid first or second lien, as applicable, in the related
          Mortgaged Property as reflected on the Mortgage Loan Schedule;

         

        11.  The
          related Mortgage is a valid, existing and enforceable first or second lien,
          as
          applicable and as indicated on the Mortgage Loan Schedule, on the related
          Mortgaged Property, including all improvements on the related Mortgaged
          Property
          subject only to (i) the lien of current real property taxes and assessments
          not
          yet due and payable, (ii) covenants, conditions and restrictions, rights
          of way,
          easements, mineral right reservations and other matters of the public record
          as
          of the date of recording of such Mortgage being acceptable to mortgage
          lending
          institutions generally and specifically referred to in the lender’s title
          insurance policy delivered to the originator of the related Mortgage Loan
          and
          which do not adversely affect the Appraised Value of the related Mortgaged
          Property 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 the related Mortgage or the use, enjoyment, value (as determined
          by Appraised Value) or marketability of the related Mortgaged Property.
          Any
          security agreement, chattel mortgage or equivalent document related to
          and
          delivered in connection with the Mortgage Loan establishes and creates
          a valid,
          subsisting, enforceable and perfected first or second (as indicated on
          the
          Mortgage Loan Schedule) lien and first or second (as indicated on the Mortgage
          Loan Schedule) priority security interest on the property described therein,
          and
          the Company has the full right to sell and assign the same to the Purchaser.
          

         

        12.  The
          Mortgage Note and the related Mortgage are genuine and each is the legal,
          valid
          and binding obligation of the maker thereof, enforceable in accordance
          with its
          terms;

         

        13.  All
          parties to the Mortgage Note and the Mortgage had legal capacity to enter
          into
          the Mortgage Loan and to execute and deliver the Mortgage Note and the
          Mortgage,
          and the Mortgage Note and the Mortgage have been duly and properly executed
          by
          such parties. The Mortgagor is a natural person, at least one Mortgagor
          is a
          party to the Mortgage Note, and the Mortgage is in an individual
          capacity;

         

        14.  Excluding
          any Mortgage Loan subject to an escrow holdback, the proceeds of the Mortgage
          Loan have been fully disbursed to or for the account of the Mortgagor and
          there
          is no obligation for the Mortgagee to advance additional funds thereunder
          and
          any and all requirements as to completion of any on-site or off-site improvement
          and as to disbursements of any escrow funds therefor have been complied
          with.
          All costs, fees and expenses incurred in making or closing the Mortgage
          Loan and
          the recording of the Mortgage have been paid, and the Mortgagor is not
          currently
          entitled to any refund of any amounts paid or due to the Mortgagee pursuant
          to
          the Mortgage Note or Mortgage;

         

        15.  As
          of the
          related Closing Date and immediately prior to the sale of the Mortgage
          Loan
          hereunder, the Company is the sole legal, beneficial and equitable owner
          of the
          Mortgage Note and the Mortgage and has full right to transfer and sell
          the
          Mortgage Loan to the Purchaser free and clear of any encumbrance, equity,
          lien,
          pledge, charge, claim or security interest excepting therefrom warehouse
          lending
          arrangements security interests which will be released concurrent with
          the
          closing of the sale to the Purchaser;

         

        16.  As
          of the
          related Closing Date, all parties which have had any interest in the Mortgage
          Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during
          the
          period in which they held and disposed of such interest, were) in compliance
          with any and all applicable “doing business” and licensing requirements of the
          laws of the state wherein the Mortgaged Property is located;

         

        17.  The
          Mortgage Loan is covered by an ALTA lender’s title insurance policy and, in the
          case of an Adjustable Rate Mortgage Loan, with an adjustable rate mortgage
          endorsement, such endorsement substantially in the form of ALTA Form 6.0
          or 6.1,
          issued by a title insurer and qualified to do business in the jurisdiction
          where
          the Mortgaged Property is located, insuring the Interim Servicer, its successors
          and assigns as to the first or second (as indicated on the Mortgage Loan
          Schedule) priority lien of the Mortgage in the original principal amount
          of the
          Mortgage Loan and, with respect to an Adjustable Rate Mortgage Loan, against
          any
          loss by reason of the invalidity or unenforceability of the lien resulting
          from
          the provisions of the Mortgage providing for adjustment in the Mortgage
          Interest
          Rate and Monthly Payment. Additionally, such lender’s title insurance policy
          affirmatively insures ingress and egress to and from the Mortgaged Property,
          and
          against encroachments by or upon the Mortgaged Property or any interest
          therein.
          The Originator and its successors and assigns is the sole insured of such
          lender’s title insurance policy, and such lender’s title insurance policy is in
          full force and effect and will be in full force and effect upon the consummation
          of the transactions contemplated by this Agreement. Such lender’s title
          insurance policy does not require the consent of or notification to the
          related
          insurer for assignment to the Purchaser. 

         

        18.  As
          of the
          related Closing Date, no claims have been made under such lender’s title
          insurance policy, and no prior holder of the related Mortgage, including
          the
          Company, has done, by act or omission, anything which would impair the
          coverage
          of such lender’s title insurance policy;

         

        19.  As
          of the
          related Closing Date, there is no default, breach, violation 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 default, breach, violation or event
          of
          acceleration; and as of such Closing Date, the Company or the Interim Servicer
          has not waived any default, breach, violation or event of acceleration,
          except
          as otherwise provided in this Agreement. For purposes of the foregoing,
          a
          delinquent payment of less than thirty (30) days on a Mortgage Loan in
          and of
          itself does not constitute a default, breach, violation or event of acceleration
          with respect to such Mortgage Loan. With respect to each second lien mortgage
          loan, as of the origination date of such Mortgage Loan and, to the best
          of the
          Company’s knowledge, as of the Closing Date (i) the first lien mortgage loan is
          in full force and effect, (ii) to the best of Company’s knowledge, there is no
          default, breach, violation or event of acceleration existing under such
          first
          lien mortgage or the related mortgage note, (iii) no event which, with
          the
          passage of time or with notice and the expiration of any grace or cure
          period,
          would constitute a default, breach, violation or event of acceleration
          thereunder, (iv) either (A) the first lien mortgage contains a provision
          which
          allows or (B) applicable law requires, the mortgagee under the second lien
          Mortgage Loan to receive notice of, and affords such mortgagee an opportunity
          to
          cure any default by payment in full or otherwise under the first lien mortgage,
          (v) the related first lien does not provide for or permit negative amortization
          under such first lien Mortgage Loan, and (vi) either no consent for the
          Mortgage
          Loan is required by the holder of the first lien or such consent has been
          obtained and is contained in the Mortgage File.

         

        20.  As
          of the
          related Closing Date, there are no mechanics’ or similar liens or claims which
          have been filed for work, labor or material (and no rights are outstanding
          that
          under law could give rise to such lien) affecting the related Mortgaged
          Property
          which are or may be liens prior to, or equal or coordinate with, the lien
          of the
          related Mortgage;

         

        21.  All
          improvements which were considered in determining the Appraised Value of
          the
          related Mortgaged Property lay wholly within the boundaries and building
          restriction lines of the Mortgaged Property, and no improvements on adjoining
          properties encroach upon the Mortgaged Property. Each appraisal has been
          performed in accordance with the provisions of the Financial Institutions
          Reform, Recovery and Enforcement Act of 1989;

         

        22.  The
          Mortgage Loan was (i) originated by or in conjunction with a mortgagee
          approved
          by the Secretary of Housing and Urban Development pursuant to Sections
          203 and
          211 of the National Housing Act, a savings and loan association, a savings
          bank,
          a commercial bank, mortgage banker, credit union, insurance company or
          similar
          banking institution which is supervised and examined by a federal or state
          authority or (ii) acquired by the Company or its affiliates directly through
          loan brokers or correspondents such that (a) the Mortgage Loan was originated
          in
          conformity with the Underwriting Guidelines and (b) the Company or its
          affiliates approved the Mortgage Loan prior to funding;

         

        23.  Other
          than with respect to interest-only Mortgage Loans, principal payments on
          the
          Mortgage Loan are scheduled to commence no more than sixty days after the
          proceeds of the Mortgage Loan are disbursed. The Mortgage Loan bears interest
          at
          the Mortgage Interest Rate. The Mortgage Note is payable on the first day
          of
          each month in Monthly Payments. Interest on the Mortgage Loan is calculated
          on
          the basis of a 360-day year consisting of twelve 30-day months. The Mortgage
          Note does not permit negative amortization. With respect to each Mortgage
          Loan
          identified on the Mortgage Loan Schedule as an interest-only Mortgage Loan,
          the
          interest-only period shall not exceed ten (10) years (or such other period
          specified on the Mortgage Loan Schedule) and following the expiration of
          such
          interest-only period, the remaining Monthly Payments shall be sufficient
          to
          fully amortize the original principal balance over the remaining term of
          the
          Mortgage Loan and to pay interest at the related Mortgage Interest
          Rate;

         

        24.  The
          origination, servicing and collection practices used with respect to each
          Mortgage Note and Mortgage including, without limitation, the establishment,
          maintenance and servicing of the Escrow Accounts and Escrow Payments, if
          any,
          since origination, have been in all respects legal, proper, reasonable
          and
          customary in the mortgage origination and servicing industry. The Mortgage
          Loan
          has been serviced by the Interim Servicer and any predecessor servicer
          in
          accordance with the terms of the Mortgage Note and applicable law. With
          respect
          to escrow deposits and Escrow Payments, if any, all such payments (so long
          as
          the Company is acting as Interim Servicer) are in the possession of, or
          under
          the control with, the Interim Servicer, and there exist no deficiencies
          in
          connection therewith for which customary arrangements for repayment thereof
          have
          not been made. No escrow deposits or Escrow Payments or other charges or
          payments due the Interim Servicer have been capitalized under any Mortgage
          or
          the related Mortgage Note;

         

        25.  As
          of the
          related Closing Date, the Mortgaged Property is free of material damage
          and
          waste and there is no proceeding pending for the total or partial condemnation
          thereof;

         

        26.  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, (i) in the case of a Mortgage designated as
          a deed
          of trust, by trustee’s sale, and (ii) otherwise by judicial foreclosure. As of
          the related Closing Date, since the date of origination of the Mortgage
          Loan,
          the Mortgaged Property has not been subject to any bankruptcy proceeding
          or
          foreclosure proceeding and the Mortgagor has not filed for protection under
          applicable bankruptcy laws. There is no homestead or other exemption available
          to the Mortgagor, which would materially interfere with the right to sell
          the
          Mortgaged Property at a trustee’s sale or the right to foreclose the Mortgage.
          As of the related Closing Date, the Mortgagor has not notified the Interim
          Servicer or the Company and the Company or the Interim Servicer has no
          knowledge
          of any relief requested or allowed to the Mortgagor under the Servicemembers
          Civil Relief Act formerly known as the Soldiers and Sailors Civil Relief
          Act of
          1940;

         

        27.  If
          a
          Mortgage Loan is secured by a long-term residential lease, (1) the lessor
          under
          the lease holds a fee simple interest in the land; (2) the terms of such
          lease
          expressly permit the mortgaging of the leasehold estate, the assignment
          of the
          lease without the lessor’s consent and the acquisition by the holder of the
          Mortgage of the rights of the lessee upon foreclosure or assignment in
          lieu of
          foreclosure or provide the holder of the Mortgage with substantially similar
          protections; (3) the terms of such lease do not (a) allow the termination
          thereof upon the lessee’s default without the holder of the Mortgage being
          entitled to receive written notice of, and opportunity to cure, such default,
          (b) allow the termination of the lease in the event of damage or destruction
          as
          long as the Mortgage is in existence, (c) prohibit the holder of the Mortgage
          from being insured (or receiving proceeds of insurance) under the hazard
          insurance policy or policies relating to the Mortgaged Property or (d)
          permit
          any increase in rent other than pre-established increases set forth in
          the
          lease; (4) the original term of such lease is not less than 15 years; (5)
          the
          term of such lease does not terminate earlier than five years after the
          maturity
          date of the Mortgage Note; and (6) the Mortgaged Property is located in
          a
          jurisdiction in which the use of leasehold estates in transferring ownership
          in
          residential properties is a widely accepted practice;

         

        28.  The
          Mortgage Note is not and has not been secured by any collateral except
          the lien
          of the corresponding Mortgage on the Mortgaged Property and the security
          interest of any applicable security agreement or chattel mortgage referred
          to
          above;

         

        29.  The
          Mortgage File contains an appraisal or insured AVM of the related Mortgaged
          Property made prior to the approval of the Mortgage Loan. In the case of
          an
          appraisal it was made by a staff or third party qualified appraiser who
          had no
          interest, direct or indirect in the Mortgaged Property or in any loan made
          on
          the security thereof, whose compensation is not affected by the approval
          or
          disapproval of the Mortgage Loan, for whom no conflict of interest is present
          and who met the minimum qualifications of USPAP;

         

        30.  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 Purchaser to the trustee under the deed of trust, except
          in
          connection with a trustee’s sale after default by the Mortgagor;

         

        31.  No
          Mortgage Loan contains provisions pursuant to which Monthly Payments are
          (i)
          paid or partially paid with funds deposited in any separate account established
          by the Company, the Mortgagor, or anyone on behalf of the Mortgagor, (ii)
          paid
          by any source other than the Mortgagor or (iii) contains any other similar
          provisions which may constitute a “buydown” provision. 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;

         

        32.  Mortgagor
          has received all disclosure materials required by applicable law with respect
          to
          the making of a Refinanced Mortgage Loan, and evidence of such receipt
          is and
          will remain in the Mortgage File;

         

        33.  The
          Mortgage Note, the Mortgage, the Assignment of Mortgage and any other documents
          required to be delivered with respect to each Mortgage Loan pursuant to
          the
          Custodial Agreement, have been delivered to the Custodian all in compliance
          with
          the specific requirements of the Custodial Agreement;

         

        34.  As
          of the
          related Closing Date, the Mortgaged Property is lawfully occupied under
          applicable law and if it is the borrower’s primary residence is not vacant
          within ninety (90) days of the related Closing Date (with notice from and
          proof
          of such vacancy by the Purchaser); all inspections, licenses and certificates
          required to be made or issued with respect to all occupied portions of
          the
          Mortgaged Property and, with respect to the use and occupancy of the same,
          including but not limited to certificates of occupancy, have been made
          or
          obtained from the appropriate authorities;

         

        35.  The
          Assignment of Mortgage, is in recordable form and (other than with respect
          to
          the blank assignee and the lack of mortgage recordation information) is
          acceptable for recording under the laws of the jurisdiction in which the
          Mortgaged Property is located. When endorsed as provided for in this Agreement,
          the Mortgage Notes will be duly endorsed under applicable law;

         

        36.  Any
          principal advances made to the Mortgagor prior to the related Cut-off Date
          have
          been consolidated with the outstanding principal amount secured by the
          Mortgage,
          and the secured principal amount, as consolidated, bears a single interest
          rate
          and single repayment term. So long as the Company is acting as Interim
          Servicer,
          the lien of the Mortgage securing the consolidated principal amount is
          expressly
          insured as having first or second (as indicated on the Mortgage Loan Schedule)
          lien priority by a title insurance policy, an endorsement to the policy
          insuring
          the mortgagee’s consolidated interest or by other title evidence acceptable to
          Fannie Mae and Freddie Mac. So long as the Company is acting as Interim
          Servicer, the consolidated principal amount does not exceed the original
          principal amount of the Mortgage Loan; 

         

        37.  No
          Mortgage Loan has a balloon payment feature;

         

        38.  If
          the
          Residential Dwelling on the Mortgaged Property is a condominium unit or
          a unit
          in a planned unit development (other than a de minimis planned unit development)
          such condominium or planned unit development project is not ineligible
          under
          Fannie Mae’s eligibility requirements;

         

        39.  No
          statement, report or other document constituting a part of the Mortgage
          Loan
          Schedule contains any material untrue statement of fact or omits to state
          a fact
          necessary to make the statements contained therein not misleading which
          would,
          either individually or in the aggregate, have a material adverse effect
          on the
          value of the Mortgage Loans;

         

        40.  Each
          Mortgage Loan constitutes a “qualified mortgage” within the meaning of Section
          860G(a)(3) of the Code;

         

        41.  As
          of the
          related Closing Date, no Mortgage Loan has an LTV or a CLTV of more than
          100%.

         

        42.  No
          Mortgage Loan is a “high cost” mortgage loan, as defined under any applicable
          state, local or federal predatory and abusive lending laws, including,
          but not
          limited to, the Georgia Fair Lending Act and Section 6 L of the New York
          State
          Banking Law;

         

        43.  With
          respect to any Mortgage Loan which is a Texas Home Equity Loan, any and
          all
          requirements of Section 50, Article XVI of the Texas Constitution applicable
          to
          Texas Home Equity Loans which were in effect at the time of the origination
          of
          the Mortgage Loan have been complied with. Specifically, without limiting
          the
          generality of the foregoing: (i) all fees paid by the owner of the Mortgaged
          Property or such owner’s spouse, to any person, that were necessary to
          originate, evaluate, maintain, record, insure or service the Mortgage Loan
          are
          reflected in the closing statement for such Mortgage Loan; (ii) the Mortgage
          Loan was closed only at the office of the mortgage lender, an attorney
          at law,
          or a title company; (iii) the mortgagee has not been found by a federal
          regulatory agency to have engaged in the practice of refusing to make loans
          because the applicants for the loans reside or the property proposed to
          secure
          the loans is located in a certain area; (iv) the owner of the Mortgaged
          Property
          was not required to apply the proceeds of the Mortgage Loan to repay another
          debt except debt secured by the Mortgaged Property or debt to a lender
          other
          than the mortgagee; (v) the owner of the Mortgaged Property did not sign
          any
          documents or instruments relating to the Loan in which blanks were left
          to be
          filled in; and (vii) if discussions between the mortgagee and the Mortgagor
          were
          conducted primarily in a language other than English, the mortgagee provided
          to
          the owner of the Mortgaged Property, prior to closing, a copy of the notice
          required by Section 50(g), Article XVI of the Texas Constitution translated
          into
          the written language in which the discussions were conducted;

         

        44.  All
          notices, acknowledgments and disclosure statements required by Section
          50,
          Article XVI of the Texas Constitution applicable to Texas Home Equity Loans
          are
          contained in the Mortgage File for each such Mortgage Loan;

         

        45.  All
          cash-out Mortgage Loans secured by real property in the state of Texas
          shall be
          made in accordance with Texas law;

         

        46.  The
          Mortgage Loans are not subject to the requirement of the Home Ownership
          and
          Equity Protection Act of 1994 (“HOEPA”) and no Mortgage Loan is subject to, or
          in violation of, any applicable state or local law, ordinance or regulation
          similar to HOEPA and (2) (i) no Mortgage Loan is a “high cost” loan as defined
          by HOEPA or any other applicable predatory or abusive lending laws and
          (ii) no
          Mortgage Loan is a “high cost home”, “covered” (excluding home loans defined as
“covered home loans” pursuant to clause (1) of the definition of that term in
          the New Jersey Home Ownership Security Act of 2002), “high risk home” or
“predatory” loan under any other applicable state, federal or local law (or
          similarly classified loan using different terminology under a law imposing
          heightened regulatory scrutiny or additional legal liability for resident
          mortgage loans having high interest rates, points and/or fees);

         

        47.  No
          Mortgage Loan is a “covered home loan” pursuant to the New Jersey Home Ownership
          Security Act of 2002;

         

        48.  With
          respect to each Mortgage Loan subject to a Prepayment Charge, such Prepayment
          Charge, at the time of the origination of the related Mortgage Loan, is
          enforceable and in compliance with all applicable local, state and federal
          law;

         

        49.  [Reserved];
          

         

        50.  As
          of the
          related Closing Date, the Mortgaged Property is being primarily used as
          a
          Residential Dwelling for residential purposes;

         

        51.  The
          Company has obtained a life of loan, transferable real estate tax service
          contract on each Mortgage Loan and such contract is assignable without
          penalty,
          premium or cost to the Purchaser; 

         

        52.  The
          Company has obtained a life of loan, transferable flood certification contract
          for each Mortgage Loan and such contract is assignable without penalty,
          premium
          or cost to the Purchaser;

         

        53.  The
          Mortgage Loans conform in all material respects to the Underwriting
          Guidelines;

         

        54.  No
          Mortgage Loan originated on or after October 1, 2002 and before March 7,
          2003 is
          secured by a Mortgaged Property located in the State of Georgia; No Mortgage
          Loan that was originated on or after March 7, 2003, is a “high-cost home loan”
as defined under the Georgia Fair Lending Act;

         

        55.  No
          Mortgagor was required to purchase any credit insurance product (e.g.,
          life,
          mortgage, disability, accident, unemployment or health insurance product)
          or
          debt cancellation agreement as a condition of obtaining the extension of
          credit.
          No Mortgagor obtained a prepaid single premium credit insurance policy
          (e.g.,
          life, mortgage, disability, accident, unemployment or health insurance
          product)
          or debt cancellation agreement in connection with the origination of the
          Mortgage Loan. No proceeds from any Mortgage Loan were used to purchase
          single
          premium credit insurance policies or debt cancellation agreements as part
          of the
          origination of, or as a condition to closing, such Mortgage Loan;

         

        56.  [Reserved.]

         

        57.  In
          connection with any Mortgage Loan, the Interim Servicer has fully furnished,
          and
          will fully furnish in accordance with the Fair Credit Reporting Act and
          its
          implementing regulations, accurate and complete information (i.e., favorable
          and
          unfavorable) on its borrower credit files to Equifax, Experian and Trans
          Union
          Credit Information Company, on a monthly basis;

         

        58.  With
          respect to each Mortgage Loan that contains a provision permitting imposition
          of
          a premium upon a prepayment prior to maturity: (a) the Mortgage Loan provides
          some benefits to the Mortgagor (e.g., such as rate or fee reduction) in
          exchange
          for accepting such prepayment premium; (b) the Mortgage Loan’s originator had a
          written policy of offering the Mortgagor, or requiring any third-party
          brokers
          to offer the Mortgagor, the option of obtaining a mortgage loan that did
          not
          require payment of such a premium, unless the Mortgage Loan that did not
          require
          payment of such a premium would be a HOEPA loan or a high-cost home loan
          under
          any applicable state or local law prohibited by the originator's underwriting
          guidelines; (c) the prepayment premium was adequately disclosed to the
          Mortgagor
          pursuant to applicable state and federal law; (d) no subprime Mortgage
          Loan
          originated on or after October 1, 2002 will impose a prepayment premium
          for a
          term in excess of three years and any Mortgage Loans originated prior to
          such
          date, and any non-subprime Mortgage Loans, will not impose prepayment penalties
          in excess of five years; in each case unless the Mortgage Loan was modified
          to
          reduce the prepayment period to no more than three years from the date
          of the
          note and the Mortgagor was notified in writing of such reduction in prepayment
          period; and (e) the Company shall not impose such prepayment premium in
          any
          instance when the Mortgage Loan is accelerated or paid off in connection
          with
          the workout of a delinquent Mortgage or due to the Mortgagor’s default,
          notwithstanding that the terms of the Mortgage Loan or state or federal
          law
          might permit the Company to impose such premium;

         

        59.  No
          Mortgage Loan is a “high cost”, “covered” or similarly classified loans as
          defined by the applicable federal, state or local predatory and abusive
          lending
          laws nor is any loan a High Cost Loan or Covered Loan, as applicable (as
          such
          terms are defined in the then current Standard & Poor’s LEVELS Glossary
          Revised, Appendix E);

         

        60.  No
          fraud
          was committed in connection with the origination of any Mortgage Loan;
          provided,
          however, the Company does not represent or warrant the accuracy of the
          qualifying income stated by the related Mortgagor(s) in connection with
          a
          Mortgage Loan that does not require income verification as defined in the
          Underwriting Guidelines;

         

        61.  The
          Mortgaged Property is free from any and all toxic or hazardous substances,
          other
          than those commonly used for homeowner repair and maintenance and/or household
          purposes, and there exists no pending action or proceeding directly involving
          the Mortgaged Property in which compliance with any environmental law,
          rule or
          regulation is an issue;

         

        62.  The
          Mortgage Loan was not prepaid in full prior to the related Closing
          Date;

         

        63.  The
          Company has materially complied with all applicable anti-money laundering
          laws
          and regulations, including without limitation the USA Patriot Act of
          2001;

         

        64.  No
          Mortgage Loan mortgagor was encouraged or required to select a mortgage
          loan
          product offered by the originator which is a higher cost product designed
          for a
          less creditworthy mortgagor, unless at the time of the Mortgage Loan’s
          origination, such mortgagor did not qualify taking into account credit
          history
          and debt-to-income ratios for a lower cost credit product then offered
          by the
          originator. A borrower who is able to qualify for one of the originator’s
          standard products should be directed towards or offered the originator’s
          standard mortgage line;

         

        65.  With
          respect to any Mortgage Loan, the methodology used in underwriting the
          extension
          of credit for each Mortgage Loan did not rely 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 that related
          such facts as, without limitation, the borrower’s credit history, income, assets
          or liabilities, to the proposed mortgage payment and, based on such methodology,
          the originator made a reasonable determination that at the time of origination
          the borrower had the ability to make timely payments on the Mortgage
          Loan;

         

        66.  With
          respect to each Mortgage Loan, the Company or one of its affiliates as
          servicer
          for each Mortgage Loan, has fully furnished and will fully furnish, in
          accordance with the Fair Credit Reporting Act and its implementing regulations,
          accurate and complete information (e.g., favorable and unfavorable) on
          its
          borrower credit files to Equifax, Experian and Trans Union Credit Information
          Company or their successors (the “Credit Repositories”) on a monthly
          basis;

         

        67.  With
          respect to any Mortgage Loan, 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” (a) 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 (b) 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 that, in total, do not exceed 0.25 percent
          of the
          loan amount. 

         

        68.  With
          respect to any Mortgage Loan which is secured by manufactured housing,
          if such
          Mortgage Loans are permitted hereunder, such Mortgage Loan satisfies the
          requirements for inclusion in residential mortgage backed securities
          transactions rated by Standard & Poor's Ratings Services and such
          manufactured housing will be the principal residence of the Mortgagor upon
          the
          origination of the Mortgage Loan. With respect to any second lien Mortgage
          Loan,
          such lien is on a one- to four-family residence that is (or will be) the
          principal residence of the Mortgagor upon the origination of the second
          lien
          Mortgage Loan;

         

        69.  With
          respect to any Mortgage Loan or the underlying security related thereto,
          neither
          the related Mortgage nor the related Mortgage Note requires the Mortgagor
          to
          submit to arbitration to resolve any dispute arising out of or relating
          in any
          way thereto; and

         

        70.  With
          respect to each second lien Mortgage Loan, such Mortgage Loan was originated
          in
          connection with the origination of a first lien Mortgage Loan on the related
          Mortgaged Property.

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        C-3

       

      FORM
        OF
        OMNIBUS ASSIGNMENT AGREEMENT

       

      

        OMNIBUS
          ASSIGNMENT AGREEMENT

         

        THIS
          OMNIBUS ASSIGNMENT AGREEMENT, dated February 1, 2007, (“Agreement”)
          between Greenwich Capital Financial Products, Inc. (“Assignor”),
          Financial Asset Securities Corp. (“Assignee”):

         

        

          For
            and
            in consideration of the sum of TEN DOLLARS ($10.00) and a certain percentage
            of
            the Class C Certificates, the Class P Certificates and the Class FL Certificates
            which shall be registered in the name of Greenwich Capital Financial
            Products,
            Inc. or its designee, and of the mutual covenants herein contained, the
            parties
            hereto hereby agree as follows:

        

         

        Assignment
          and Conveyance

         

        1.  The
          Assignor hereby conveys, sells, grants, transfers and assigns to the Assignee
          all of the right, title and interest of the Assignor, as purchaser, in,
          to and
          under (a) those certain Mortgage Loans listed as being originated by the
          related
          originator on the schedule (the “Mortgage
          Loan Schedule”)
          attached hereto as Exhibit A (the “Mortgage
          Loans”)
          and
          (b) the master mortgage loan purchase and interim servicing agreement as
          set
          forth on Schedule I, as amended (the “Purchase
          Agreements”),
          solely insofar as the Purchase Agreement relates to the Mortgage
          Loans.

         

        The
          Assignor specifically reserves and does not assign to the Assignee hereunder
          any
          and all right, title and interest in, to and under and any obligations
          of the
          Assignor with respect to any mortgage loans subject to the Purchase Agreement
          which are not the Mortgage Loans set forth on the Mortgage Loan Schedule
          and are
          not the subject of this Agreement.

         

        2.  The
          Assignor hereby makes the following representations, warranties and covenants
          as
          of the date hereof:

         

        (a) Each
          Mortgage Loan at the time it was made complied in all material respects
          with
          applicable local, state, and federal laws, including, but not limited to,
          all
          applicable predatory and abusive and/or usury lending laws;

         

        (c) None
          of
          the mortgage loans are High Cost as defined by any applicable predatory
          and
          abusive lending laws; 

         

        (e) No
          Mortgage 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 Glossary,
          Appendix E); and

         

        (d) 
          No
          mortgage loan originated on or after October 1, 2002 through March 6, 2003
          is
          governed by the Georgia Fair Lending Act.

         

        Miscellaneous

         

        3.  This
          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.

         

        4.  No
          term
          or provision of this Agreement may be waived or modified unless such waiver
          or
          modification is in writing and signed by the party against whom such waiver
          or
          modification is sought to be enforced, with the prior written consent of
          the
          Trustee.

         

        5.  This
          Agreement shall inure to the benefit of (i) the successors and assigns
          of the
          parties hereto and (ii) the Trust (including the Trustee and the Servicer
          acting
          on the Trust’s behalf). Any entity into which Assignor, Assignee may be merged
          or consolidated shall, without the requirement for any further writing, be
          deemed Assignor, Assignee, respectively, hereunder.

         

        6.  Each
          of
          this Agreement and the Purchase Agreement shall survive the conveyance
          of the
          Mortgage Loans and the assignment of the Purchase Agreement (to the extent
          assigned hereunder) by Assignor to Assignee and by Assignee to the Trust
          and
          nothing contained herein shall supersede or amend the terms of the Purchase
          Agreement.

         

        7.  This
          Agreement may be executed simultaneously in any number of counterparts.
          Each
          counterpart shall be deemed to be an original and all such counterparts
          shall
          constitute one and the same instrument.

         

        8.  In
          the
          event that any provision of this Agreement conflicts with any provision
          of the
          Purchase Agreement with respect to the Mortgage Loans, the terms of this
          Agreement shall control.

         

        9.  Capitalized
          terms used in this Agreement (including the exhibits hereto) but not defined
          in
          this Agreement shall have the meanings given to such terms in the Purchase
          Agreement.

         

        [SIGNATURE
          PAGE FOLLOWS]

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        IN
          WITNESS WHEREOF, the parties have caused this Agreement to be executed
          by their
          duly authorized officers as of the date first above written.

         

        
          	 	 	 	 	 	 	 	
                  GREENWICH
                    CAPITAL FINANCIAL PRODUCTS, INC.

                
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                  By:

                	 
	 	 	 	 	 	 	 	
                  Name:

                	 
	 	 	 	 	 	 	 	
                  Title:

                	 

        

        

        

        
          	 	 	 	 	 	 	 	
                  FINANCIAL
                    ASSET SECURITIES CORP.

                
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                  By:

                	 
	 	 	 	 	 	 	 	
                  Name:

                	 
	 	 	 	 	 	 	 	
                  Title:

                	 

        

        

         

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        EXHIBIT
          A

        

        MORTGAGE
          LOAN SCHEDULE

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        SCHEDULE
          I

        

        Schedule
          of Master Mortgage Loan Purchase and Interim Servicing Agreements

        

        

        1. Master
          Mortgage Loan Purchase and Interim Servicing Agreement, dated March 1,
          2006,
          between Novastar Certificates Financing Corporation and Greenwich Capital
          Financial Products, Inc. 

        

        2. Master
          Mortgage Loan Purchase and Interim Servicing Agreement, dated May 1, 2006,
          between New Century Mortgage Corporation, as Seller and Interim Servicer,
          and
          Greenwich Capital Financial Products, Inc., as Initial Purchaser. 

        

        3. Master
          Mortgage Loan Purchase and Interim Servicing Agreement, dated March 1,
          2006,
          among Harwood Street Funding II, LLC, as Seller, Centex Home Equity Company,
          LLC, as Interim Servicer, and Greenwich Capital Financial Products, Inc.,
          as
          Initial Purchaser. 

        

        4. Master
          Mortgage Loan Purchase and Interim Servicing Agreement, dated June 1, 2006,
          between First NLC Financial Services, LLC, as Seller and Interim Servicer,
          and
          Greenwich Capital Financial Products, Inc., as Initial Purchaser. 

        

        5. Master
          Mortgage Loan Purchase and Servicing Agreement, dated April 1, 2003, between
          Greenwich Capital
          Financial
          Products, Inc., as Purchaser, and Countrywide Home Loans, Inc. as Seller
          and
          Servicer.

        

        6. Master
          Mortgage Loan Purchase and Interim Servicing Agreement, dated December
          1, 2005,
          between Aames Capital Corporation, as Seller and Interim Servicer, and
          Greenwich
          Capital Financial Products, Inc., as Initial Purchaser. 

        

        7. Master
          Mortgage Loan Purchase and Interim Servicing Agreement, dated November
          1, 2005,
          between Meritage Mortgage Corporation, as Seller and Interim Servicer,
          and
          Greenwich Capital Financial Products, Inc., as Initial Purchaser. 

        

        8. Master
          Mortgage Loan Purchase and Interim Servicing Agreement, dated April 1,
          2005,
          between Long Beach Mortgage Company, as Seller and Interim Servicer, and
          Greenwich Capital Financial Products, Inc., as Purchaser. 

        

        9. Master
          Mortgage Loan Purchase and Interim Servicing Agreement, dated December
          1, 2005,
          between Fremont Investment and Loan, as Seller and Interim Servicer, and
          Greenwich Capital Financial Products, Inc., as Initial Purchaser.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        D

       

      MORTGAGE
        LOAN SCHEDULE

       

      AS
        FILED
        ON FEBRUARY 27, 2007

       

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        E

       

      REQUEST
        FOR RELEASE

       

      
        	
                To:
                  

                 

              	
                Deutsche
                  Bank National Trust Company

                1761
                  East St. Andrew Place

                Santa
                  Ana, California 92705-4934

              

      

      

       

      
        	
                Re:

                 

              	
                Pooling
                  and Servicing Agreement dated as of February 1, 2007, among Financial
                  Asset Securities Corp. as Depositor, Ocwen Loan Servicing, LLC
                  as
                  Servicer, Wells Fargo Bank, N.A. as Master Servicer and Trust
                  Administrator and Deutsche Bank National Trust Company, a national
                  banking
                  association, as Trustee

              

      

      

       

      In
        connection with the administration of the Mortgage Loans held by you as Trustee
        pursuant to the above-captioned Pooling and Servicing Agreement, we request
        the
        release, and hereby acknowledge receipt of the Trustee’s Mortgage File Or the
        Mortgage Loan described below, for the reason indicated. Any payments received
        in connection with this Request for Release of documents have been or will
        be
        deposited into the Collection Account for the benefit of the Trust.

       

      Mortgage
        Loan Number:

       

      Mortgagor
        Name, Address & Zip Code:

       

      Reason
        for Requesting Documents (check one):

       

      
        	
                _________1.

                 

              	
                Mortgage
                  Paid in Full

                 

              	 
	
                _________2.

                 

              	
                Foreclosure

                 

              	 
	
                _________3.

                 

              	
                Substitution

                 

              	 
	
                _________4.

                 

              	
                Other
                  Liquidation (Repurchases, etc.)

                 

              	 
	
                _________5.

                 

              	
                Nonliquidation

                 

              	
                Reason:_____________________

                 

              

      

      Address
        to which Trustee should deliver

       

      the
        Trustee’s Mortgage File:

       

      
        	 
	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

       

      
        	
                By:

              	 
	 	
                (authorized
                  signer)

              
	 	 
	
                Issuer:

              	 
	 	 
	
                Address:

              	 
	 	 
	 	 
	 	 
	
                Date:

              	 
	 	 

      

      

       

      Trustee

       

      Deutsche
        Bank National Trust Company

       

      Please
        acknowledge the execution of the above request by your signature and date
        below:

       

      
        	 	 	 
	
                Signature

              	 	
                Date

              
	 	 	 
	
                Documents
                  returned to Trustee:

              	 	 
	 	 	 
	
                Trustee

              	 	
                Date

              

      

      

       

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        F-1

       

      FORM
        OF
        TRUSTEE’S INITIAL CERTIFICATION

       

      February
        __, 2007

       

      
        	
                Financial
                  Asset Securities Corp.

                600
                  Steamboat Road 

                Greenwich,
                  Connecticut 06830

              	
                Ocwen
                  Loan Servicing, LLC

                1675
                  Palm Beach Lakes Boulevard, Suite 10A

                West
                  Palm Beach, Florida 33401

              
	 	 
	
                Greenwich
                  Capital Markets, Inc.

                600
                  Steamboat Road

                Greenwich,
                  Connecticut 08630

                 

              	
                Wells
                  Fargo Bank, N.A.

                9062
                  Old Annapolis Road

                Columbia,
                  Maryland 21045

                Attention:
                  Soundview 2007-1

                 

              
	
                Countrywide
                  Home Loans Servicing LP

                400
                  Countrywide Way

                Simi
                  Valley, California 93065

                 

              	
                Central
                  Mortgage Company

                801
                  John Barrow Road Suite 1

                Little
                  Rock, Arkansas 72205

              
	
                GMAC
                  Mortgage LLC

                3451
                  Hammond Avenue

                Waterloo,
                  Iowa 50702

              	 

      

      

       

      
        	
                Re:

              	
                Pooling
                  and Servicing Agreement dated as of February 1, 2007, among Financial
                  Asset Securities Corp. as Depositor, Ocwen Loan Servicing, LLC
                  as
                  Servicer, Wells Fargo Bank, N.A. as Master Servicer and Trust
                  Administrator and Deutsche Bank National Trust Company, a national
                  banking
                  association, as Trustee

              

      

      

       

      Ladies
        and Gentlemen:

       

      Attached
        is the Trustee’s preliminary exception report delivered in accordance with
        Section 2.02 of the referenced Pooling and Servicing Agreement (the “Pooling and
        Servicing Agreement”). Capitalized terms used but not otherwise defined herein
        shall have the meanings set forth in the Pooling and Servicing
        Agreement.

       

      The
        Trustee has made no independent examination of any documents contained in
        each
        Mortgage File beyond the review specifically required in the Pooling and
        Servicing Agreement. The Trustee makes no representations as to (i) the
        validity, legality, sufficiency, enforceability or genuineness of any of
        the
        documents contained in the Mortgage File pertaining to the Mortgage Loans
        identified on the Mortgage Loan Schedule, (ii) the collectability, insurability,
        effectiveness or suitability of any such Mortgage Loan or (iii) whether any
        Mortgage File includes any of the documents specified in clause (vi) of Section
        2.01 of the Pooling and Servicing Agreement.

       

      
        	
                [DEUTSCHE
                  BANK NATIONAL TRUST COMPANY] 

              
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
                By:

              	 
	
                Name:

              	 
	
                Title:

              	 

      

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        F-2

       

      FORM
        OF
        TRUSTEE’S FINAL CERTIFICATION

       

      ________________

      [Date]

       

      
        	
                Financial
                  Asset Securities Corp.

                600
                  Steamboat Road 

                Greenwich,
                  Connecticut 06830

              	
                Ocwen
                  Loan Servicing, LLC

                1675
                  Palm Beach Lakes Boulevard, Suite 10A

                West
                  Palm Beach, Florida 33401

              
	 	 
	
                Greenwich
                  Capital Markets, Inc.

                600
                  Steamboat Road

                Greenwich,
                  Connecticut 08630

                 

              	
                Wells
                  Fargo Bank, N.A.

                9062
                  Old Annapolis Road

                Columbia,
                  Maryland 21045

                Attention:
                  Soundview 2007-1

                 

              
	
                Countrywide
                  Home Loans Servicing LP

                400
                  Countrywide Way

                Simi
                  Valley, California 93065

                 

              	
                Central
                  Mortgage Company

                801
                  John Barrow Road Suite 1

                Little
                  Rock, Arkansas 72205

              
	
                GMAC
                  Mortgage LLC

                3451
                  Hammond Avenue

                Waterloo,
                  Iowa 50702

              	 

      

      

       

      
        	
                Re:

                 

              	
                Pooling
                  and Servicing Agreement (the “Pooling and Servicing Agreement”), dated as
                  of February 1, 2007 among Financial Asset Securities Corp., as
                  Depositor,
                  Ocwen Loan Servicing, LLC as Servicer, Wells Fargo Bank, N.A. as
                  Master
                  Servicer and Trust Administrator and Deutsche Bank National Trust
                  Company,
                  as Trustee with respect to Soundview Home Loan Trust 2007-1, Asset-Backed
                  Certificates, Series 2007-1

              

      

      

      Ladies
        and Gentlemen:

      In
        accordance with Section 2.02 of the Pooling and Servicing Agreement, the
        undersigned, as Trustee, hereby certifies that as to each Mortgage Loan listed
        in the Mortgage Loan Schedule (other than any Mortgage loan paid in full
        or
        listed on Schedule I hereto) it (or its custodian) has received the applicable
        documents listed in Section 2.01 of the Pooling and Servicing
        Agreement.

       

      The
        undersigned hereby certifies that as to each Mortgage Loan identified on
        the
        Mortgage Loan Schedule, other than any Mortgage Loan listed on Schedule I
        hereto, it has reviewed the documents listed above and has determined that
        each
        such document appears to be complete and, based on an examination of such
        documents, the information set forth in items 1, 3, 10, 11 and 15 of the
        definition of Mortgage Loan Schedule in the Pooling and Servicing Agreement
        accurately reflects information in the Mortgage File.

       

      Capitalized
        words and phrases used herein shall have the respective meanings assigned
        to
        them in the Pooling and Servicing Agreement. This Certificate is qualified
        in
        all respects by the terms of said Pooling and Servicing Agreement.

       

      
        	
                [DEUTSCHE
                  BANK NATIONAL TRUST COMPANY]

              
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
                By:

              	 
	
                Name:

              	 
	
                Title:

              	 

      

      

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        F-3

       

      FORM
        OF
        RECEIPT OF MORTGAGE NOTE

       

      Financial
        Asset Securities Corp.

      600
        Steamboat Road

      Greenwich,
        Connecticut 06830

       

      
        	
                Re:

                 

              	
                Soundivew
                  Home Loan Trust 2007-1, 

                Asset-Backed
                  Certificates Series 2007-1

              

      

      

       

      Ladies
        and Gentlemen:

       

      Pursuant
        to Section 2.01 of the Pooling and Servicing Agreement (the “Pooling and
        Servicing Agreement”), dated as of February 1, 2007 among Financial Asset
        Securities Corp., as Depositor, Ocwen Loan Servicing, LLC as Servicer, Wells
        Fargo Bank, N.A. as Master Servicer and Trust Administrator and Deutsche
        Bank
        National Trust Company, as Trustee, we hereby acknowledge the receipt of
        the
        original Mortgage Notes (a copy of which is attached hereto as Exhibit 1)
        with
        any exceptions thereto listed on Exhibit 2.

       

      
        	
                [DEUTSCHE
                  BANK NATIONAL TRUST COMPANY] 

              
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
                By:

              	 
	
                Name:

              	 
	
                Title:

              	 

      

      

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        G

       

      FORM
        OF
        CAP ALLOCATION AGREEMENT

       

      

      

        
           
CAP
          ALLOCATION AGREEMENT

         

        This
          Cap
          Allocation Agreement, dated as of February 28, 2007 (this “Agreement”), between
          Wells Fargo Bank, N.A. (“Wells Fargo”), as cap trustee for the cap trust (in
          such capacity, the “Cap Trustee”) and Greenwich
          Capital Financial Products, Inc. (“GCFP”), or its designee.

         

        WHEREAS,
          Wells Fargo, on behalf of a separate trust established hereunder which
          holds an
          Interest Rate Cap Agreement (the “Cap Agreement”), a copy of which is attached
          hereto as Exhibit A, between the Cap Trustee,
          on
          behalf of the Cap Trust
          and Bear
          Stearns Financial Products Inc. (the “Cap Provider”) is a counterparty to the
          Cap Agreement;
          and

         

        WHEREAS,
          it is desirable to irrevocably appoint the Cap Trustee, and the Cap Trustee
          desires to accept such appointment, to receive and distribute funds payable
          by
          the Cap Provider to the Cap Trustee, on behalf of the Cap Trust under the
          Cap
          Agreement as provided herein; 

         

        NOW,
          THEREFORE, in consideration of the mutual covenants contained herein, and
          for
          other good and valuable consideration, the receipt and adequacy of which
          are
          hereby acknowledged, the parties agree as follows: 

         

        1.  Definitions.
          Capitalized terms used but not otherwise defined herein shall have the
          respective meanings assigned thereto in the Pooling and Servicing Agreement,
          dated as of February 1, 2007 (the “Pooling and Servicing Agreement”), among
          Financial Asset Securities Corp., as Depositor, Ocwen Loan Servicing, LLC,
          as
          servicer, Wells Fargo Bank, N.A., as master servicer and trust administrator
          (the “Master Servicer”) and Deutsche Bank National Trust Company, as trustee
          (the “Trustee”), relating to the Soundview Home Loan Trust 2007-1 (the “Trust”),
          Asset-Backed Certificates, Series 2007-1 (the “Certificates”), or in the related
          Indenture as the case may be, as in effect on the date hereof. 

         

        2.  Cap
          Trust.
          There
          is hereby established a separate trust (the “Cap Trust”), into which the Cap
          Trustee shall deposit the Cap Agreement. The Cap Trust shall be maintained
          by
          the Cap Trustee. The sole assets of the Cap Trust shall be the Cap Agreement
          and
          the Cap Trust Account.

         

        3.  Cap
          Trustee.
          

         

        (a)  The
          Cap
          Trustee, on behalf of the Cap Trust, is hereby irrevocably appointed to
          receive
          all funds paid to the Cap Trustee by the Cap Provider, or its successors
          in
          interest under the Cap Agreement (including any Cap Termination Payment)
          and the
          Cap Trustee accepts such appointment and hereby agrees to receive such
          amounts,
          deposit such amounts into the Cap Trust Account and to distribute on each
          Distribution Date such amounts in the following order of priority:

         

        (i)  first,
          for deposit into the Cap Account (established under the Pooling and Servicing
          Agreement), an amount equal to the sum of the following amounts remaining
          outstanding after distribution of the Net Monthly Excess Cashflow and any
          Net
          Swap Payments received under the Interest Rate Swap Agreement with the
          Trust:
          (A) Unpaid Interest Shortfall Amounts, (B) Net WAC Rate Carryover Amounts;
          (C)
an
          amount
          necessary to maintain or restore the Overcollateralization Target Amount;
          and
          (D) any
          Allocated Realized Loss Amounts;

         

        (ii)  second,
          to GCFP, or its designee, any amounts remaining after payment of (i) above,
          provided,
          however,
          upon the
          issuance of notes by an issuer (the “NIM Trust”), secured by all or a portion of
          the Class C Certificates and the Class P Certificates (the “NIM Notes”), GCFP,
          or its designee, hereby instructs the Cap Trustee to make any payments
          under
          this clause 3(a)(ii):

         

        (A)  to
          the
          Indenture Trustee for the NIM Trust, for deposit into the Note Account
          (each as
          defined in the related Indenture), for distribution in accordance with
          the terms
          of the Indenture until satisfaction and discharge of the Indenture;
          and

         

        (B)  after
          satisfaction and discharge of the Indenture, to the Holders of the Class
          C
          Certificates, pro
          rata
          based on
          the outstanding Notional Amount of each such Certificate.

         

        (b)  The
          Cap
          Trustee agrees to hold any amounts received from the Cap Provider in trust
          upon
          the terms and conditions and for the exclusive use and benefit of the Trustee
          and the Indenture Trustee, as applicable (in turn for the benefit of the
          Certificateholders, the Noteholders, GCFP and the NIMS Insurer, if any)
          as set
          forth herein. The rights, duties and liabilities of the Cap Trustee in
          respect
          of this Agreement shall be as follows:

         

        (i) The
          Cap
          Trustee shall have the full power and authority to do all things not
          inconsistent with the provisions of this Agreement that may be deemed advisable
          in order to enforce the provisions hereof. The Cap Trustee shall not be
          answerable or accountable except for its own bad faith, willful misconduct
          or
          negligence. The Cap Trustee shall not be required to take any action to
          exercise
          or enforce any of its rights or powers hereunder which, in the opinion
          of the
          Cap Trustee, shall be likely to involve expense or liability to the Cap
          Trustee,
          unless the Cap Trustee shall have received an agreement satisfactory to
          it in
          its sole discretion to indemnify it against such liability and
          expense.

         

        (ii) The
          Cap
          Trustee shall not be liable with respect to any action taken or omitted
          to be
          taken by it in good faith in accordance with the direction of any party
          hereto
          or the NIMS Insurer, if any, or otherwise as provided herein, relating
          to the
          time, method and place of conducting any proceeding for any remedy available
          to
          the Cap Trustee or exercising any right or power conferred upon the Cap
          Trustee
          under this Agreement.

         

        (iii) The
          Cap
          Trustee may perform any duties hereunder either directly or by or through
          agents
          or attorneys of the Cap Trustee. The Cap Trustee shall not be liable for
          the
          acts or omissions of its agents or attorneys so long as the Cap Trustee
          chose
          such Persons with due care.

         

        4.  Cap
          Trust Account.
          The Cap
          Trustee shall segregate and hold all funds received from the Cap Provider
          (including any Cap Termination Payment) separate and apart from any of
          its own
          funds and general assets and shall establish and maintain in the name of
          the Cap
          Trustee one or more segregated accounts (the “Cap Trust Account”).

         

        5.  [RESERVED].
          

         

        6.  Representations
          and Warranties of Wells Fargo.
          Wells
          Fargo represents and warrants as follows:

         

        (a)  Wells
          Fargo is duly organized and validly existing as a national banking association
          under the laws of the United States and has all requisite power and authority
          to
          execute and deliver this Agreement, to perform its obligations as Cap Trustee
          hereunder.

         

        (b)  The
          execution, delivery and performance of this Agreement by Wells Fargo as
          Trustee
          have been duly authorized in the Pooling and Servicing Agreement.

         

        (c)  This
          Agreement has been duly executed and delivered by Wells Fargo as Cap Trustee
          and
          the Trustee and is enforceable against Wells Fargo in such capacities in
          accordance with its terms, except as enforceability may be affected by
          bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium
          and
          other similar laws relating to or affecting creditors’ rights generally, general
          equitable principles (whether considered in a proceeding in equity or at
          law).

         

        7.  Replacement
          of Cap Trustee.

         

        Any
          corporation, bank, trust company or association into which the Cap Trustee
          may
          be merged or converted or with which it may be consolidated, or any corporation,
          bank, trust company or association resulting from any merger, conversion
          or
          consolidation to which the Cap Trustee shall be a party, or any corporation,
          bank, trust company or association succeeding to all or substantially all
          the
          corporate trust business of the Cap Trustee, shall be the successor of
          the Cap
          Trustee hereunder, without the execution or filing of any paper or any
          further
          act on the part of any of the parties hereto, except to the extent that
          assumption of its duties and obligations, as such, is not effected by operation
          of law.

         

        No
          resignation or removal of the Cap Trustee and no appointment of a successor
          Cap
          Trustee shall become effective until the appointment by GCFP, or its designee,
          of a successor Cap Trustee acceptable to the NIMS Insurer, if any. Any
          successor
          Cap Trustee shall execute such documents or instruments necessary or appropriate
          to vest in and confirm to such successor Cap Trustee all such rights and
          powers
          conferred by this Agreement.

         

        The
          Cap
          Trustee may resign at any time by giving written notice thereof to the
          other
          parties hereto with a copy to the NIMS Insurer, if any. If a successor
          cap
          trustee shall not have accepted the appointment hereunder within 30 days
          after
          the giving by the resigning Cap Trustee of such notice of resignation,
          the
          resigning Cap Trustee may petition any court of competent jurisdiction
          for the
          appointment of a successor Cap Trustee acceptable to the NIMS Insurer,
          if
          any.

         

        In
          the
          event of a resignation or removal of the Cap Trustee, GCFP, or its designee,
          shall promptly appoint a successor Cap Trustee acceptable to the NIMS Insurer,
          if any. If no such appointment has been made within 10 days of the resignation
          or removal, the NIMS Insurer, if any, may appoint a successor Cap
          Trustee.

         

        8.  Cap
          Trustee Obligations.

         

        Whenever
          the Cap Trustee, on behalf of the Cap Trust, as a party to the Cap Agreement,
          has the option or is requested in such capacity, whether such request is
          by the
          Cap Provider, to take any action or to give any consent, approval or waiver
          that
          it is on behalf of the Cap Trust entitled to take or give in such capacity,
          including, without limitation, in connection with an amendment of such
          agreement
          or the occurrence of a default or termination event thereunder, the Cap
          Trustee
          shall promptly notify the parties hereto and the NIMS Insurer, if any,
          of such
          request in such detail as is available to it and, shall, on behalf of the
          parties hereto and the NIMS Insurer, if any, take such action in connection
          with
          the exercise and/or enforcement of any rights and/or remedies available
          to it in
          such capacity with respect to such request as GCFP, or its designee, or
          the NIMS
          Insurer, if any, shall direct in writing; provided that if no such direction
          is
          received prior to the date that is established for taking such action or
          giving
          such consent, approval or waiver (notice of which date shall be given by
          the Cap
          Trustee to the parties hereto and the NIMS Insurer, if any), the Cap Trustee
          may
          abstain from taking such action or giving such consent, approval or
          waiver.

         

        The
          Cap
          Trustee shall forward to the parties hereto and the NIMS Insurer, if any,
          on the
          Distribution Date following its receipt thereof copies of any and all notices,
          statements, reports and/or other material communications and information
          (collectively, the “Cap Reports”) that it receives in connection with the Cap
          Agreement or from the counterparty thereto.

         

        9.  Miscellaneous.
          

         

        (a)  This
          Agreement shall be governed by and construed in accordance with the laws
          of the
          State of New York.

         

        (b)  Any
          action or proceeding against any of the parties hereto relating in any
          way to
          this Agreement may be brought and enforced in the courts of the State of
          New
          York sitting in the borough of Manhattan or of the United States District
          Court
          for the Southern District of New York and the Cap Trustee irrevocably submits
          to
          the jurisdiction of each such court in respect of any such action or proceeding.
          The Cap Trustee waives, to the fullest extent permitted by law, any right
          to
          remove any such action or proceeding by reason of improper venue or inconvenient
          forum.

         

        (c)  This
          Agreement may be amended, supplemented or modified in writing by the parties
          hereto, but only with the consent of GCFP and the NIMS Insurer, if
          any.

         

        (d)  This
          Agreement may not be assigned or transferred without the prior written
          consent
          of GCFP and the NIMS Insurer, if any; provided, however, the parties hereto
          acknowledge and agree to the assignment of the rights of GCFP, or its designee,
          pursuant to the Sale Agreement, the Trust Agreement and the
          Indenture.

         

        (e)  This
          Agreement may be executed by one or more of the parties to this Agreement
          on any
          number of separate counterparts (including by facsimile transmission),
          and all
          such counterparts taken together shall be deemed to constitute one and
          the same
          instrument.

         

        (f)  Any
          provision of this Agreement which is prohibited 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 shall not invalidate or render unenforceable such provision
          in any
          other jurisdiction.

         

        (g)  The
          representations and warranties made by the parties to this Agreement shall
          survive the execution and delivery of this Agreement. No act or omission
          on the
          part of any party hereto shall constitute a waiver of any such representation
          or
          warranty.

         

        (h)  The
          article and section headings herein are for convenience of reference only,
          and
          shall not limit or otherwise affect the meaning hereof.

         

        (i)  The
          representations and warranties made by the parties to this Agreement shall
          survive the execution and delivery of this Agreement. No act or omission
          on the
          part of any party hereto shall constitute a waiver of any such representation
          or
          warranty.

         

        10.  Third-Party
          Beneficiary. Each
          of
          the Trustee, GCFP or its designee and the Indenture Trustee, if any,
          shall be
          deemed a third-party beneficiary of this Agreement to the same extent as
          if it
          were a party hereto, and shall have the right to enforce the provisions
          of this
          Agreement. If any default occurs on the part of the Cap Provider under
          the Cap
          Agreement in the making of a payment due under the Cap Agreement or in
          any other
          obligation of the Cap Provider under the Cap Agreement, the Cap Trustee
          may and,
          upon the request of the Trustee, GCFP or its designee or the Indenture
          Trustee,
          shall take such action as may be appropriate to enforce such payment or
          performance, including the institution and prosecution of appropriate
          proceedings.

         

        11.  Cap
          Trustee and Trustee Rights.
          The Cap
          Trustee shall be entitled to the same rights, protections and indemnities
          afforded to the Trustee under the Pooling and Servicing Agreement, and
          the
          Indenture Trustee under the Indenture, in each case as if specifically
          set forth
          herein with respect to the Cap Trustee.

         

        The
          Trustee shall be entitled to the same rights, protections and indemnities
          afforded to the Trustee under the Pooling and Servicing Agreement as if
          specifically set forth herein with respect to the Cap Trustee.

         

        12.  Limited
          Recourse.
          It is
          expressly understood and agreed by the parties hereto that this Agreement
          is
          executed and delivered by the Trustee, not in its individual capacity but
          solely
          as Trustee under the Pooling and Servicing Agreement. Notwithstanding any
          other
          provisions of this Agreement, the obligations of the Trustee under this
          Agreement are non-recourse to the Trustee, its assets and its property,
          and
          shall be payable solely from the assets of the Trust Fund, and following
          realization of such assets, any claims of any party hereto shall be extinguished
          and shall not thereafter be reinstated. No recourse shall be had against
          any
          principal, director, officer, employee, beneficiary, shareholder, partner,
          member, Trustee, agent or affiliate of the Trustee or any person owning,
          directly or indirectly, any legal or beneficial interest in the Trustee,
          or any
          successors or assigns of any of the foregoing (the “Exculpated Parties”) for the
          payment of any amount payable under this Agreement. The parties hereto
          shall not
          enforce the liability and obligations of the Trustee to perform and observe
          the
          obligations contained in this Agreement by any action or proceeding wherein
          a
          money judgment establishing any personal liability shall be sought against
          the
          Trustee, subject to the following sentence, or the Exculpated Parties.
          The
          agreements in this paragraph shall survive termination of this Agreement
          and the
          performance of all obligations hereunder.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

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

         

        
          	
                  WELLS
                    FARGO BANK, N.A.

                  not
                    in its individual capacity but solely as Cap Trustee under this
                    Agreement

                
	 
	 
	
                  By:  
                    

                	 
	 	
                  Name: 

                  Title:

                
	 	 

        

        

        

        
          	
                  GREENWICH
                    CAPITAL FINANCIAL PRODUCTS, INC.

                
	 
	 
	
                  By:  
                    

                	 
	 	
                  Name: 

                
	 	
                  Title: 

                

        

        

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        EXHIBIT
          A

         

        INTEREST
          RATE CAP AGREEMENT

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        H

       

      FORM
        OF
        LOST NOTE AFFIDAVIT

       

      Personally
        appeared before me the undersigned authority to administer oaths,
        __________________ who first being duly sworn deposes and says: Deponent
        is
        __________________________ of ____________________________, successor by
        merger
        to _________________________ (“Seller”) and who has personal knowledge of the
        facts set out in this affidavit.

       

      On
        _________________________________, _________________________________ did
        execute
        and deliver a promissory note in the principal amount of
        $____________________.

       

      That
        said
        note has been misplaced or lost through causes unknown and is presently lost
        and
        unavailable after diligent search has been made. Seller’s records show that an
        amount of principal and interest on said note is still presently outstanding,
        due, and unpaid, and Seller is still owner and holder in due course of said
        lost
        note.

       

      Seller
        executes this Affidavit for the purpose of inducing Deutsche Bank National
        Trust
        Company, as trustee on behalf of Soundview Home Loan Trust 2007-1, Asset-Backed
        Certificates Series 2007-1, to accept the transfer of the above described
        loan
        from Seller.

       

      Seller
        agrees to indemnify Deutsche Bank National Trust Company and Financial Asset
        Securities Corp. harmless for any losses incurred by such parties resulting
        from
        the above described promissory note has been lost or misplaced.

       

      
        	
                By:

              	 
	
                 

              	 
	 	 

      

      

      
        	
                STATE
                  OF

              	
                )

              
	 	
                ) SS:

              
	
                COUNTY
                  OF

                 

              	
                )

                 

              

      

      On
        this
        ______ day of ______________, 20_, before me, a Notary Public, in and for
        said
        County and State, appeared , who acknowledged the extension of the foregoing
        and
        who, having been duly sworn, states that any representations therein contained
        are true.

       

      Witness
        my hand and Notarial Seal this _________ day of 20__.

       

      
        	 
	 

      

      

       

      My
        commission expires __________________________.

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        I

       

      FORM
        OF
        LIMITED POWER OF ATTORNEY

       

      KNOW
        ALL
        MEN BY THESE PRESENTS, that [NAME OF MORTGAGEE, ASSIGNEE OR LAST ENDORSEE,
        AS
        APPLICABLE], [a ___________________ corporation][a national banking
        organization], having its principal place of business at
        __________________________, (the “Undersigned”), pursuant to that Pooling and
        Servicing Agreement (the “Pooling and Servicing Agreement”) among Financial
        Asset Securities Corp. (the “Owner”), Deutsche Bank National Trust Company,
        Ocwen Loan Servicing, LLC (“Ocwen”) and Wells Fargo Bank, N.A. (“Wells Fargo”),
        hereby constitutes and appoints Ocwen, by and through Ocwen’s officers, the
        Undersigned's true and lawful Attorney-in-Fact, in the Undersigned's name,
        place
        and stead, as their interests may appear, and for the Undersigned's respective
        benefit, in connection with all Mortgage Loans serviced by Ocwen pursuant
        to the
        Pooling and Servicing Agreement, for the purpose of performing all acts and
        executing all documents in the name of the Undersigned as may be customarily
        and
        reasonably necessary and appropriate to effectuate the following enumerated
        transactions in respect of any of the mortgages, deeds of trust or security
        instrument (each a “Mortgage” or a “Deed of Trust” respectively) and promissory
        notes secured thereby (each a “Mortgage Note”) for which the Undersigned is
        acting as Servicer pursuant to the Pooling and Servicing Agreement (whether
        the
        Undersigned is named therein as mortgagee or beneficiary or has become mortgagee
        by virtue of endorsement of the Mortgage Note secured by any such Mortgage
        or
        Deed of Trust) all subject to the terms of the related Pooling and Servicing
        Agreement.

       

      This
        appointment shall apply to the following enumerated transactions
        only:

       

      1. The
        modification or re-recording of a Mortgage or Deed of Trust, where said
        modification or re-recording is for the purpose of correcting the Mortgage
        or
        Deed of Trust to conform same to the original intent of the parties thereto
        or
        to correct title errors discovered after such title insurance was issued
        and
        said modification or re-recording, in either instance, does not adversely
        affect
        the lien of the Mortgage or Deed of Trust as insured.

       

      2. The
        subordination of the lien of a Mortgage or Deed of Trust to an easement in
        favor
        of a public utility company or a governmental agency or authority thereunder
        with powers of eminent domain; this section shall include, without limitation,
        the execution of partial satisfaction/release, partial reconveyances or the
        execution of requests to trustees to accomplish same.

       

      3. The
        conveyance of the properties to the mortgage insurer, or the closing of the
        title to the property to be acquired as real estate owned, or conveyance
        of
        title to real estate owned.

       

      4. The
        completion of loan assumption agreements.

       

      5. The
        full
        satisfaction/release of a Mortgage or Deed of Trust or full reconveyance
        upon
        payment and discharge of all sums secured thereby, including, without
        limitation, cancellation of the related Mortgage Note.

       

      6. The
        assignment of any Mortgage or Deed of Trust and the related Mortgage Note,
        in
        connection with the repurchase of the mortgage loan secured and evidenced
        thereby.

       

      7. The
        full
        assignment of a Mortgage or Deed of Trust upon payment and discharge of all
        sums
        secured thereby in conjunction with the refinancing thereof, including, without
        limitation, the assignment of the related Mortgage Note.

       

      8. With
        respect to a Mortgage or Deed of Trust, the foreclosure, the taking of a
        deed in
        lieu of foreclosure, or the completion of judicial or non-judicial foreclosure
        or termination, cancellation or rescission of any such foreclosure, including,
        without limitation, any and all of the following acts:

       

      a) the
        substitution of trustee(s) serving under a Deed of Trust, in accordance with
        state law and the Deed of Trust;

      b) the
        preparation and issuance of statements of breach or
        non-performance;

      c) the
        preparation and filing of notices of default and/or notices of
        sale;

      d) the
        cancellation/rescission of notices of default and/or notices of
        sale;

      e) the
        taking of a deed in lieu of foreclosure; and

      f) the
        preparation and execution of such other documents and performance of such
        other
        actions as may be necessary under the terms of the Mortgage, Deed of Trust
        or
        state law to expeditiously complete said transactions in paragraphs 8(a)
        through
        8(e) above.

       

      9. The
        full
        assignment of a Mortgage or Deed of Trust upon sale of a loan pursuant to
        a
        mortgage loan sale agreement for the sale of a loan or pool of loans, including,
        without limitation, the assignment of the related Mortgage Note.

       

      The
        Undersigned gives said Attorney-in-Fact full power and authority to execute
        such
        instruments and to do and perform all and every act and thing necessary and
        proper to carry into effect the power or powers granted by or under this
        Limited
        Power of Attorney, each subject to the terms and conditions set forth in
        the
        related Pooling and Servicing Agreement and in accordance with the standard
        of
        care applicable to the servicer in the Pooling and Servicing Agreement as
        fully
        as the undersigned might or could do, and hereby does ratify and confirm
        to all
        that said Attorney-in-Fact shall lawfully do or cause to be done by authority
        hereof. This Limited Power of Attorney shall be effective as of [SERVICING
        TRANSFER EFFECTIVE DATE].

       

      Nothing
        contained herein shall (i) limit in any manner any indemnification provided
        by
        Wells Fargo to the Owner under the Pooling and Servicing Agreement, or (ii)
        be
        construed to grant Wells Fargo the power to initiate or defend any suit,
        litigation or proceeding in the name of the Undersigned except as specifically
        provided for herein or under the Pooling and Servicing Agreement.

       

      Wells
        Fargo hereby agrees to indemnify and hold the Undersigned and its directors,
        officers, employees and agents harmless from and against any and all
        liabilities, obligations, losses, damages, penalties, actions, judgments,
        suits,
        costs, expenses or disbursements of any kind or nature whatsoever incurred
        by
        reason or result of or in connection with the exercise by Wells Fargo of
        the
        powers granted to it hereunder. The foregoing indemnity shall survive the
        termination of this Limited Power of Attorney and the Pooling and Servicing
        Agreement or the earlier resignation or removal of the Undersigned under
        the
        Pooling and Servicing Agreement.

       

      Any
        third
        party without actual notice of fact to the contrary may rely upon the exercise
        of the power granted under this Limited Power of Attorney; and may be satisfied
        that this Limited Power of Attorney shall continue in full force and effect
        and
        has not been revoked unless an instrument of revocation has been made in
        writing
        by the undersigned, and such third party put on notice thereof. This Limited
        Power of Attorney shall be in addition to and shall not revoke or in any
        way
        limit the authority granted by any previous power of attorney executed by
        the
        Undersigned.

       

      IN
        WITNESS WHEREOF, ____________________ pursuant to the Pooling and Servicing
        Agreement, has caused its corporate seal to be hereto affixed and these presents
        to be signed and acknowledged in its name and behalf by ______________________,
        its duly elected and authorized _________________________ this ___ day of
        _________________, 2007.

       

      By:_____________________________________

      Name:
        __________________________________

      Title:
        ___________________________________

       

      Acknowledged
        and Agreed

      Wells
        Fargo Bank, N.A.

      

      By:_____________________________________

      Name:

      Title:

      

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        J

       

      FORM
        OF
        INVESTMENT LETTER [NON-RULE 144A]

       

      [DATE]

       

      Financial
        Asset Securities Corp.

      600
        Steamboat Road

      Greenwich,
        Connecticut 06830

       

      Wells
        Fargo Bank, N.A.

      Sixth
        Street and Marquette Avenue

      Minneapolis,
        Minnesota 55479

      Attn:
        Corporate Trust Services—

      Soundview
        Home Loan Trust 2007-1

       

      
        	
                Re:

                 

              	
                Soundview
                  Home Loan Trust 2007-1,

                Asset-Backed
                  Certificates Series 2007-1

              

      

       

      Ladies
        and Gentlemen:

       

      In
        connection with our acquisition of the above-captioned Certificates, we certify
        that (a) we understand that the Certificates are not being registered under
        the
        Securities Act of 1933, as amended (the “Act”), or any state securities laws and
        are being transferred to us in a transaction that is exempt from the
        registration requirements of the Act and any such laws, (b) we are an
“accredited investor,” as defined in Regulation D under the Act, and have such
        knowledge and experience in financial and business matters that we are capable
        of evaluating the merits and risks of investments in the Certificates, (c)
        we
        have had the opportunity to ask questions of and receive answers from the
        Depositor concerning the purchase of the Certificates and all matters relating
        thereto or any additional information deemed necessary to our decision to
        purchase the Certificates, (d) we are not an employee benefit plan that is
        subject to the Employee Retirement Income Security Act of 1974, as amended,
        or a
        plan that is subject to Section 4975 of the Internal Revenue Code of 1986,
        as
        amended, nor are we acting on behalf of any such plan, (e) we are acquiring
        the
        Certificates for investment for our own account and not with a view to any
        distribution of such Certificates (but without prejudice to our right at
        all
        times to sell or otherwise dispose of the Certificates in accordance with
        clause
        (g) below), (f) we have not offered or sold any Certificates to, or solicited
        offers to buy any Certificates from, any person, or otherwise approached
        or
        negotiated with any person with respect thereto, or taken any other action
        which
        would result in a violation of Section 5 of the Act, and (g) we will not
        sell,
        transfer or otherwise dispose of any Certificates unless (1) such sale, transfer
        or other disposition is made pursuant to an effective registration statement
        under the Act or is exempt from such registration requirements, and if
        requested, we will at our expense provide an opinion of counsel satisfactory
        to
        the addressees of this Certificate that such sale, transfer or other disposition
        may be made pursuant to an exemption from the Act, (2) the purchaser or
        transferee of such Certificate has executed and delivered to you a certificate
        to substantially the same effect as this certificate, and (3) the purchaser
        or
        transferee has otherwise complied with any conditions for transfer set forth
        in
        the Pooling and Servicing Agreement.

       

      
        	
                Very
                  truly yours,

                 

              
	
                [NAME
                  OF TRANSFEREE]

              
	 
	
                Authorized
                  Officer

              

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      FORM
        OF
        RULE 144A INVESTMENT LETTER

       

      [DATE]

       

      Financial
        Asset Securities Corp.

      600
        Steamboat Road

      Greenwich,
        Connecticut 06830

       

      Wells
        Fargo Bank, N.A.

      Sixth
        Street and Marquette Avenue

      Minneapolis,
        Minnesota 55479

      Attn:
        Corporate Trust Services—

      Soundview
        Home Loan Trust 2007-1

       

      
        	
                Re:

              	
                Soundview
                  Home Loan Trust 2007-1,

                Asset-Backed
                  Certificates Series 2007-1

              

      

      

       

      Ladies
        and Gentlemen:

       

      In
        connection with our acquisition of the above Certificates we certify that
        (a) we
        understand that the Certificates are not being registered under the Securities
        Act of 1933, as amended (the “Act”), or any state securities laws and are being
        transferred to us in a transaction that is exempt from the registration
        requirements of the Act and any such laws, (b) we have had the opportunity
        to
        ask questions of and receive answers from the Depositor concerning the purchase
        of the Certificates and all matters relating thereto or any additional
        information deemed necessary to our decision to purchase the Certificates,
        (c)
        we are not an employee benefit plan that is subject to the Employee Retirement
        Income Security Act of 1974, as amended, or a plan that is subject to Section
        4975 of the Internal Revenue Code of 1986, as amended, nor are we acting
        on
        behalf of any such plan, (d) we have not, nor has anyone acting on our behalf
        offered, transferred, pledged, sold or otherwise disposed of the Certificates,
        any interest in the Certificates or any other similar security to, or solicited
        any offer to buy or accept a transfer, pledge or other disposition of the
        Certificates, any interest in the Certificates or any other similar security
        from, or otherwise approached or negotiated with respect to the Certificates,
        any interest in the Certificates or any other similar security with, any
        person
        in any manner, or made any general solicitation by means of general advertising
        or in any other manner, or taken any other action, that would constitute
        a
        distribution of the Certificates under the Securities Act or that would render
        the disposition of the Certificates a violation of Section 5 of the Securities
        Act or require registration pursuant thereto, nor will act, nor has authorized
        or will authorize any person to act, in such manner with respect to the
        Certificates, (e) we are a “qualified institutional buyer” as that term is
        defined in Rule 144A under the Securities Act and have completed either of
        the
        forms of certification to that effect attached hereto as Annex 1 or Annex
        2. We
        are aware that the sale to us is being made in reliance on Rule 144A. We
        are
        acquiring the Certificates for our own account or for resale pursuant to
        Rule
        144A and further, understand that such Certificates may be resold, pledged
        or
        transferred only (i) to 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 on Rule 144A, or (ii) pursuant to another
        exemption from registration under the Securities Act.

       

      
        	
                Very
                  truly yours,

                 

              
	
                [NAME
                  OF TRANSFEREE]

              
	 
	
                Authorized
                  Officer

              

      

      

       

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      ANNEX
        1 TO EXHIBIT J

       

      QUALIFIED
        INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

       

      [For
        Transferees Other Than Registered Investment Companies]

      

      The
        undersigned (the “Buyer”) hereby certifies as follows to the parties listed in
        the Rule 144A Transferee Certificate to which this certification relates
        with
        respect to the Certificates described therein:

       

      1. As
        indicated below, the undersigned is the President, Chief Financial Officer,
        Senior Vice President or other executive officer of the Buyer.

       

      2. In
        connection with purchases by the Buyer, the Buyer is a “qualified institutional
        buyer” as that term is defined in Rule 144A under the Securities Act of 1933, as
        amended (“Rule 144A”) because (i) the Buyer owned and/or invested on a
        discretionary basis $                    1 
        in
        securities (except for the excluded securities referred to below) as of the
        end
        of the Buyer’s most recent fiscal year (such amount being calculated in
        accordance with Rule 144A and (ii) the Buyer satisfies the criteria in the
        category marked below.

       

      _________
        Corporation,
        etc.
        The Buyer is a corporation (other than a bank, savings and loan association
        or
        similar institution), Massachusetts or similar business trust, partnership,
        or
        charitable organization described in Section
        501(c)(3) of the Internal Revenue Code of 1986, as amended.

       

      _________
        Bank.
        The
        Buyer (a) is a national bank or banking institution organized under the laws
        of
        any State, territory or the District of Columbia, the business of which is
        substantially confined to banking and is supervised by the State or territorial
        banking commission or similar official or is a foreign bank or equivalent
        institution, and (b) has an audited net worth of at least $25,000,000 as
        demonstrated in its latest annual financial statements, a copy of which is
        attached hereto.

       

      _________
        Savings
        and Loan.
        The
        Buyer (a) is a savings and loan association, building and loan association,
        cooperative bank, homestead association or similar institution, which is
        supervised and examined by a State or Federal authority having supervision
        over
        any such institutions or is a foreign savings and loan association or equivalent
        institution and (b) has an audited net worth of at least $25,000,000 as
        demonstrated in its latest annual financial statements, a copy of which is
        attached hereto.

       

      _________
        Broker-Dealer.
        The
        Buyer is a dealer registered pursuant to Section 15 of the Securities Exchange
        Act of 1934.

       

      _________
        Insurance
        Company.
        The
        Buyer is an insurance company whose primary and predominant business activity
        is
        the writing of insurance or the reinsuring of risks underwritten by insurance
        companies and which is subject to supervision by the insurance commissioner
        or a
        similar official or agency of a State, territory or the District of
        Columbia.

       

      _________
        State
        or Local Plan.
        The
        Buyer is a plan established and maintained by a State, its political
        subdivisions, or any agency or instrumentality of the State or its political
        subdivisions, for the benefit of its employees.

       

      _________
        ERISA
        Plan.
        The
        Buyer is an employee benefit plan within the meaning of Title I of the Employee
        Retirement Income Security Act of 1974.

       

      Investment
        Advisor.
        The
        Buyer is an investment advisor registered under the Investment Advisors Act
        of
        1940.

       

      _________
        Small
        Business Investment Company.
        Buyer
        is 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.

       

      _________
        Business
        Development Company.
        Buyer
        is a business development company as defined in Section 202(a)(22) of the
        Investment Advisors Act of 1940.

       

      3. The
        term
“SECURITIES” as used herein DOES NOT INCLUDE (i) securities of issuers that are
        affiliated with the Buyer, (ii) securities that are part of an unsold allotment
        to or subscription by the Buyer, if the Buyer is a dealer, (iii) securities
        issued or guaranteed by the U.S. or any instrumentality thereof, (iv) bank
        deposit notes and certificates of deposit (v) loan participations, (vi)
        repurchase agreements, (vii) securities owned but subject to a repurchase
        agreement and (viii) currency, interest rate and commodity swaps.

       

      4. For
        purposes of determining the aggregate amount of securities owned and/or invested
        on a discretionary basis by the Buyer, the Buyer used the cost of such
        securities to the Buyer and did not include any of the securities referred
        to in
        the preceding paragraph, except (i) where the Buyer reports its securities
        holdings in its financial statements on the basis of their market value,
        and
        (ii) no current information with respect to the cost of those securities
        has
        been published. If clause (ii) in the preceding sentence applies, the securities
        may be valued at market. Further, in determining such aggregate amount, the
        Buyer may have included securities owned by subsidiaries of the Buyer, but
        only
        if such subsidiaries are consolidated with the Buyer in its financial statements
        prepared in accordance with generally accepted accounting principles and
        if the
        investments of such subsidiaries are managed under the Buyer’s direction.
        However, such securities were not included if the Buyer is a majority-owned,
        consolidated subsidiary of another enterprise and the Buyer is not itself
        a
        reporting company under the Securities Exchange Act of 1934, as
        amended.

       

      5. The
        Buyer
        acknowledges that it is familiar with Rule 144A and understands that the
        seller
        to it and other parties related to the Certificates are relying and will
        continue to rely on the statements made herein because one or more sales
        to the
        Buyer may be in reliance on Rule 144A.

       

      6. Until
        the
        date of purchase of the Rule 144A Securities, the Buyer will notify each
        of the
        parties to which this certification is made of any changes in the information
        and conclusions herein. Until such notice is given, the Buyer’s purchase of the
        Certificates will constitute a reaffirmation of this certification as of
        the
        date of such purchase. In addition, if the Buyer is a bank or savings and
        loan
        is provided above, the Buyer agrees that it will furnish to such parties
        updated
        annual financial statements promptly after they become available.

       

      
        	 
	
                Print
                  Name of Buyer

                 

              
	
                By:

              	 
	
                Name:

              	 
	
                Title:

              	 
	 	 
	
                Date:

              	 

      

      

       

      

       

      

        

        
          1 Buyer
            must own and/or invest on a discretionary basis at least $100,000,000
            in
            securities unless Buyer is a dealer, and, in that case, Buyer must own
            and/or
            invest on a discretionary basis at least $10,000,000 in
            securities.

        

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      ANNEX
        2 TO EXHIBIT J

       

      QUALIFIED
        INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

       

      [For
        Transferees That are Registered Investment Companies]

      

      The
        undersigned (the “Buyer”) hereby certifies as follows to the parties listed in
        the Rule 144A Transferee Certificate to which this certification relates
        with
        respect to the Certificates described therein:

       

      1. As
        indicated below, the undersigned is the President, Chief Financial Officer
        or
        Senior Vice President of the Buyer or, if the Buyer is a “qualified
        institutional buyer” as that term is defined in Rule 144A under the Securities
        Act of 1933, as amended (“Rule 144A”) because Buyer is part of a Family of
        Investment Companies (as defined below), is such an officer of the
        Adviser.

       

      2. In
        connection with purchases by Buyer, the Buyer is a “qualified institutional
        buyer” as defined in SEC Rule 144A because (i) the Buyer is an investment
        company registered under the Investment Company Act of 1940, as amended and
        (ii)
        as marked below, the Buyer alone, or the Buyer’s Family of Investment Companies,
        owned at least $100,000,000 in securities (other than the excluded securities
        referred to below) as of the end of the Buyer’s most recent fiscal year. For
        purposes of determining the amount of securities owned by the Buyer or the
        Buyer’s Family of Investment Companies, the cost of such securities was used,
        except (i) where the Buyer or the Buyers Family of Investment Companies reports
        its securities holdings in its financial statements on the basis of their
        market
        value, and (ii) no current information with respect to the cost of those
        securities has been published. If clause (ii) in the preceding sentence applies,
        the securities may be valued at market.

       

      _________
        The
        Buyer
        owned $_________ in securities (other than the excluded securities referred
        to
        below) as of the end of the Buyer’s most recent fiscal year (such amount being
        calculated in accordance with Rule 144A).

       

      _________
        The
        Buyer
        is part of a Family of Investment Companies which owned in the aggregate
        $___________ in securities (other than the excluded securities referred to
        below) as of the end of the Buyer’s most recent fiscal year (such amount being
        calculated in accordance with Rule 144A).

       

      3. The
        term
“FAMILY OF INVESTMENT COMPANIES” as used herein means two or more registered
        investment companies (or series thereof) that have the same investment adviser
        or investment advisers that are affiliated (by virtue of being majority owned
        subsidiaries of the same parent or because one investment adviser is a majority
        owned subsidiary of the other).

       

      4. The
        term
“SECURITIES” as used herein does not include (i) securities of issuers that are
        affiliated with the Buyer or are part of the Buyer’s Family of Investment
        Companies, (ii) securities issued or guaranteed by the U.S. or any
        instrumentality thereof, (iii) bank deposit notes and certificates of deposit,
        (iv) loan participations, (v) repurchase agreements, (vi) securities owned
        but
        subject to a repurchase agreement and (vii) currency, interest rate and
        commodity swaps.

       

      5. The
        Buyer
        is familiar with Rule 144A and understands that the parties listed in the
        Rule
        144A Transferee Certificate to which this certification relates are relying
        and
        will continue to rely on the statements made herein because one or more sales
        to
        the Buyer will be in reliance on Rule 144A. In addition, the Buyer will only
        purchase for the Buyer’s own account.

       

      6. Until
        the
        date of purchase of the Certificates, the undersigned will notify the parties
        listed in the Rule 144A Transferee Certificate to which this certification
        relates of any changes in the information and conclusions herein. Until such
        notice is given, the Buyer’s purchase of the Certificates will constitute a
        reaffirmation of this certification by the undersigned as of the date of
        such
        purchase.

       

      
        	 
	
                Print
                  Name of Buyer or Adviser

              
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
                By:

              	 
	
                Name:

              	 
	
                Title:

              	 
	 	 
	
                IF
                  AN ADVISER:

              
	 	 
	 
	
                Print
                  Name of Buyer

              
	 	 
	 	 
	
                Date:

              	 

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        K

       

      FORM
        OF
        TRANSFER AFFIDAVIT FOR RESIDUAL CERTIFICATES

      PURSUANT
        TO SECTION 5.02(D)

       

      SOUNDVIEW
        HOME LOAN TRUST 2007-1

      ASSET-BACKED
        CERTIFICATES, SERIES 2007-1

       

      
        	
                STATE
                  OF

              	
                )

              
	 	
                )
                  ss:

              
	
                COUNTY
                  OF

                 

              	
                )

                 

              

      

      The
        undersigned, being first duly sworn, deposes and says as follows:

       

       

      1.  The
        undersigned is an officer of, the proposed Transferee of an Ownership Interest
        in a Residual Certificate (the “Certificate”)
        issued
        pursuant to the Pooling and Servicing Agreement dated as of February 1, 2007
        (the “Agreement”),
        among
        Financial Asset Securities Corp., as depositor (the “Depositor”),
        Ocwen
        Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A. as
        master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”) and Deutsche Bank National Trust Company, as trustee (the
“Trustee”).
        Capitalized terms used, but not defined herein or in Exhibit 1 hereto,
        shall have the meanings ascribed to such terms in the Agreement. The Transferee
        has authorized the undersigned to make this affidavit on behalf of the
        Transferee for the benefit of the Depositor and the Trustee.

       

      2.  The
        Transferee is, as of the date hereof, and will be, as of the date of the
        Transfer, a Permitted Transferee. The Transferee is acquiring its Ownership
        Interest in the Certificate for its own account. The Transferee has no knowledge
        that any such affidavit is false.

       

      3.  The
        Transferee has been advised of, and understands that (i) a tax will be
        imposed on Transfers of the Certificate to Persons that are not Permitted
        Transferees; (ii) such tax will be imposed on the transferor, or, if such
        Transfer is through an agent (which includes a broker, nominee or middleman)
        for
        a Person that is not a Permitted Transferee, on the agent; and (iii) the
        Person otherwise liable for the tax shall be relieved of liability for the
        tax
        if the subsequent Transferee furnished to such Person an affidavit that such
        subsequent Transferee is a Permitted Transferee and, at the time of Transfer,
        such Person does not have actual knowledge that the affidavit is
        false.

       

      4.  The
        Transferee has been advised of, and understands that a tax will be imposed
        on a
“pass-through entity” holding the Certificate if at any time during the taxable
        year of the pass-through entity a Person that is not a Permitted Transferee
        is
        the record holder of an interest in such entity. The Transferee understands
        that
        such tax will not be imposed for any period with respect to which the record
        holder furnishes to the pass-through entity an affidavit that such record
        holder
        is a Permitted Transferee and the pass-through entity does not have actual
        knowledge that such affidavit is false. (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
        and, except as may be provided in Treasury Regulations, persons holding
        interests in pass-through entities as a nominee for another
        Person.)

       

      5.  The
        Transferee has reviewed the provisions of Section 5.02(d) of the Agreement
        and understands the legal consequences of the acquisition of an Ownership
        Interest in the Certificate including, without limitation, the restrictions
        on
        subsequent Transfers and the provisions regarding voiding the Transfer and
        mandatory sales. The Transferee expressly agrees to be bound by and to abide
        by
        the provisions of Section 5.02(d) of the Agreement and the restrictions
        noted on the face of the Certificate. The Transferee understands and agrees
        that
        any breach of any of the representations included herein shall render the
        Transfer to the Transferee contemplated hereby null and void.

       

      6.  The
        Transferee agrees to require a Transfer Affidavit from any Person to whom
        the
        Transferee attempts to Transfer its Ownership Interest in the Certificate,
        and
        in connection with any Transfer by a Person for whom the Transferee is acting
        as
        nominee, trustee or agent, and the Transferee will not Transfer its Ownership
        Interest or cause any Ownership Interest to be Transferred to any Person
        that
        the Transferee knows is not a Permitted Transferee. In connection with any
        such
        Transfer by the Transferee, the Transferee agrees to deliver to the Trustee
        a
        certificate substantially in the form set forth as Exhibit L to the
        Agreement (a “Transferor
        Certificate”)
        to the
        effect that such Transferee has no actual knowledge that the Person to which
        the
        Transfer is to be made is not a Permitted Transferee.

       

      7.  The
        Transferee has historically paid its debts as they have come due, intends
        to pay
        its debts as they come due in the future, and understands that the taxes
        payable
        with respect to the Certificate may exceed the cash flow with respect thereto
        in
        some or all periods and intends to pay such taxes as they become due. The
        Transferee does not have the intention to impede the assessment or collection
        of
        any tax legally required to be paid with respect to the
        Certificate.

       

      8.  The
        Transferee’s taxpayer identification number is ___________.

       

      9.  The
        Transferee is a U.S. Person as defined in Code
        Section 7701(a)(30).

       

      10.  The
        Transferee is aware that the Certificate may be a “noneconomic residual
        interest” within the meaning of proposed Treasury regulations promulgated
        pursuant to 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 was to impede the
        assessment or collection of tax.

       

      11.  The
        Transferee will not cause income from the Certificate to be attributable
        to a
        foreign permanent establishment or fixed base, within the meaning of an
        applicable income tax treaty, of the Transferee or any other U.S.
        person.

       

      12.  Check
        one
        of the following:

       

      [_]  The
        present value of the anticipated tax liabilities associated with holding
        the
        Certificate, as applicable, does not exceed the sum of:

      
        	 	
                 

                (i)

              	
                 

                the
                  present value of any consideration given to the Transferee to acquire
                  such
                  Certificate;

              
	 	
                 

                (ii)

              	
                 

                the
                  present value of the expected future distributions on such Certificate;
                  and

              
	 	
                 

                (iii)

              	
                 

                the
                  present value of the anticipated tax savings associated with holding
                  such
                  Certificate as the related REMIC generates
                  losses.

              

      

       

      For
        purposes of this calculation, (i) the Transferee is assumed to pay tax at
        the
        highest rate currently specified in Section 11(b) of the Code (but the tax
        rate
        in Section 55(b)(1)(B) of the Code may be used in lieu of the highest rate
        specified in Section 11(b) of the Code if the Transferee has been subject
        to the
        alternative minimum tax under Section 55 of the Code in the preceding two
        years
        and will compute its taxable income in the current taxable year using the
        alternative minimum tax rate) and (ii) present values are computed using
        a
        discount rate equal to the short-term Federal rate prescribed by Section
        1274(d)
        of the Code for the month of the transfer and the compounding period used
        by the
        Transferee.

       

      [_]  The
        transfer of the Certificate complies with U.S. Treasury Regulations Sections
        1.860E-1(c)(5) and (6) and, accordingly,

      
        	 	
                 

                (i)

              	
                 

                the
                  Transferee is an “eligible corporation,” as defined in U.S. Treasury
                  Regulations Section 1.860E-1(c)(6)(i), as to which income from
                  the
                  Certificate will only be taxed in the United States;

              
	 	
                 

                (ii)

              	
                 

                at
                  the time of the transfer, and at the close of the Transferee’s two fiscal
                  years preceding the year of the transfer, the Transferee had gross
                  assets
                  for financial reporting purposes (excluding any obligation of a
                  person
                  related to the Transferee within the meaning of U.S. Treasury Regulations
                  Section 1.860E-1(c)(6)(ii)) in excess of $100 million and net assets
                  in
                  excess of $10 million;

              
	 	
                 

                (iii)

              	
                 

                the
                  Transferee will transfer the Certificate only to another “eligible
                  corporation,” as defined in U.S. Treasury Regulations Section
                  1.860E-1(c)(6)(i), in a transaction that satisfies the requirements
                  of
                  Sections 1.860E-1(c)(4)(i), (ii) and (iii) and Section 1.860E-1(c)(5)
                  of
                  the U.S. Treasury Regulations; and

              
	 	
                 

                (iv)

              	
                 

                the
                  Transferee determined the consideration paid to it to acquire the
                  Certificate based on reasonable market assumptions (including,
                  but not
                  limited to, borrowing and investment rates, prepayment and loss
                  assumptions, expense and reinvestment assumptions, tax rates and
                  other
                  factors specific to the Transferee) that it has determined in good
                  faith.

              

      

       

      [_]  None
        of the above.

       

      13.  The
        Transferee is not an employee benefit plan that is subject to Title I of
        ERISA
        or a plan that is subject to Section 4975 of the Code or a plan subject to
        any Federal, state or local law that is substantially similar to Title I
        of
        ERISA or Section 4975 of the Code, and the Transferee is not acting on behalf
        of
        or investing plan assets of such a plan.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      IN
        WITNESS WHEREOF, the Transferee has caused this instrument to be executed
        on its
        behalf, pursuant to authority of its Board of Directors, by its duly authorized
        officer and its corporate seal to be hereunto affixed, duly attested, this
            
        day
        of
                  ,
        20  .

       

      

      
        	
                [NAME
                  OF TRANSFEREE]

              
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
                By:

              	 
	
                Name:

              	 
	
                Title:

              	 
	 	 

      

      

      
        	
                [Corporate
                  Seal]

              
	
                ATTEST:

              
	 
	 
	
                [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 the ___________
        of
        the Transferee, and acknowledged that he executed the same as his free act
        and
        deed and the free act and deed of the Transferee.

       

      Subscribed
        and sworn before me this     
        day
        of
        
        ,
        20  .

       

      

      
        	 
	
                NOTARY
                  PUBLIC

              
	
                My
                  Commission expires the __ day

                of
                  _________, 20__

              

      

      

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        L

       

      FORM
        OF
        TRANSFEROR CERTIFICATE

       

      [DATE]

       

      Financial
        Asset Securities Corp.

      600
        Steamboat Road

      Greenwich,
        Connecticut 06830

       

      Wells
        Fargo Bank, N.A.

      Sixth
        Street and Marquette Avenue

      Minneapolis,
        Minnesota 55479

      Attn:
        Corporate Trust Services—

      Soundview
        Home Loan Trust 2007-1

       

      
        	
                Re:

              	
                Soundview
                  Home Loan Trust 2007-1,

                Asset-Backed
                  Certificates Series 2007-1

              

      

      

       

      Ladies
        and Gentlemen:

       

      In
        connection with our disposition of the above Certificates we certify that
        (a) we
        understand that the Certificates have not been registered under the Securities
        Act of 1933, as amended (the “Act”), and are being disposed by us in a
        transaction that is exempt from the registration requirements of the Act,
        (b) we
        have not offered or sold any Certificates to, or solicited offers to buy
        any
        Certificates from, any person, or otherwise approached or negotiated with
        any
        person with respect thereto, in a manner that would be deemed, or taken any
        other action which would result in, a violation of Section 5 of the Act,
        (c) to
        the extent we are disposing of a Class [ ] Certificate, we have no knowledge
        the
        Transferee is not a Permitted Transferee and (d) no purpose of the proposed
        disposition of a Class [ ] Certificate is to impede the assessment or collection
        of tax.

       

      
        	
                Very
                  truly yours,

                 

              
	
                TRANSFEROR

              
	 	 
	 	 
	
                By:

              	 
	
                Name:

              	 
	
                Title:

              	 

      

      

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        M

       

      FORM
        OF
        ERISA REPRESENTATION LETTER

       

      _____________,
        20__

       

      

      
        	
                Financial
                  Asset Securities Corp.

                600
                  Steamboat Road

                Greenwich,
                  Connecticut 06830

                 

              	
                Wells
                  Fargo Bank, N.A.

                Sixth
                  Street and Marquette Avenue

                Minneapolis,
                  Minnesota 55479

                Attn:
                  Corporate Trust Services—

                Soundview
                  Home Loan Trust 2007-1

                 

              

      

      

      
        	
                Re:

                 

              	
                Soundview
                  Home Loan Trust 2007-1,

                Asset-Backed
                  Certificates Series 2007-1

              

      

       

      Dear
        Sirs:

       

      _______________________
        (the “Transferee”) intends to acquire from _____________________ (the
“Transferor”) $____________ Initial Certificate Principal Balance Soundview Home
        Loan Trust 2007-1, Asset-Backed Certificates Series 2007-1, Class
        [C][P][R[-X]][X] (the “Certificates”), issued pursuant to a Pooling and
        Servicing Agreement (the “Pooling and Servicing Agreement”) dated as of February
        1, 2007 among Financial Asset Securities Corp. as depositor (the “Depositor”),
        Ocwen Loan Servicing, LLC as servicer (the “Servicer”), Wells Fargo Bank, N.A.
        as master servicer and trust administrator (the “Master Servicer” and “Trust
        Administrator”) and Deutsche Bank National Trust Company as trustee (the
“Trustee”). Capitalized terms used herein and not otherwise defined shall have
        the meanings assigned thereto in the Pooling and Servicing Agreement. The
        Transferee hereby certifies, represents and warrants to, and covenants with
        the
        Depositor, the Trustee and the Servicer the following:

       

      The
        Certificates (i) are not being acquired by, and will not be transferred to,
        any
        employee benefit plan within the meaning of section 3(3) of the Employee
        Retirement Income Security Act of 1974, as amended (“ERISA”), or other
        retirement arrangement, including individual retirement accounts and annuities,
        Keogh plans and bank collective investment funds and insurance company general
        or separate accounts in which such plans, accounts or arrangements are invested,
        that is subject to Section 406 of ERISA or Section 4975 of the Internal Revenue
        Code of 1986 (the “Code”) (any of the foregoing, a “Plan”), (ii) are not being
        acquired with “plan assets” of a Plan within the meaning of the Department of
        Labor (“DOL”) regulation, 29 C.F.R.ss.2510.3-101, and (iii) will not be
        transferred to any entity that is deemed to be investing in plan assets within
        the meaning of the DOL regulation at 29 C.F.R.ss. 2510.3-101.

       

      
        	
                Very
                  truly yours,

                 

              
	
                [Transferee]

                 

              
	
                By:

              	 
	
                Name:

              	 
	
                Title:

              	 

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        N-1

       

      FORM
        CERTIFICATION TO BE PROVIDED BY THE MASTER SERVICER WITH FORM 10-K

       

      
        	
                Re:

                 

              	
                Soundview
                  Home Loan Trust, Series 2007-1

                Asset
                  Backed Certificates, Series 2007-1

              

      

      

       

      Re:  
        Soundview
        Home Loan Trust, Series 2007-1

      Asset
        Backed Certificates, Series
        2007-1         

       

      Certification

       

      I,
        [identify the certifying individual], certify that:

       

      1. I
        have
        reviewed this annual report on Form 10-K, and all reports on Form 10-D required
        to be filed in respect of the period covered by this report on Form 10-K
        [identify issuing entity] (i.e., the name of the specific deal to which this
        certification relates rather than just the name of the Depositor)] (the
“Exchange Act periodic reports”);

       

      2. Based
        on
        my knowledge, the Exchange Act periodic reports, taken as a whole, do not
        contain any untrue statement of a material fact or omit to state a material
        fact
        necessary to make the statements made, in light of the circumstances under
        which
        such statements were made, not misleading with respect to the period covered
        by
        this report;

       

      3. Based
        on
        my knowledge, all of the distribution, servicing and other information required
        to be provided under Form 10-D for the period covered by this report is included
        in the Exchange Act periodic reports;

       

      4. Based
        on
        my knowledge and compliance statement required in this report under Item
        1123 of
        Regulation AB, and except as disclosed in the Exchange Act periodic reports,
        the
        servicer has fulfilled its obligations under the Pooling and Servicing Agreement
        in all material respects; and

       

      5. All
        of
        the reports on assessment of compliance with servicing criteria for asset-backed
        securities and their related attestation reports on assessment of compliance
        with servicing criteria for asset-backed securities required to be included
        in
        this report in accordance with Item 1122 of Regulation AB and Exchange Act
        Rules
        13a-18 and 15d-18 have been included as an exhibit to this report, except
        as
        otherwise disclosed in this report. Any material instances of noncompliance
        described in such reports have been disclosed in this report on Form
        10-K.

       

      In
        giving
        the certifications above, I have reasonably relied on information provided
        to me
        by the following unaffiliated party: Deutsche Bank National Trust
        Company.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      WELLS
        FARGO BANK, N.A.

       

      By:____________________________________

      Name:

      Title:

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        N-2

       

      FORM
        CERTIFICATION TO BE

      PROVIDED
        TO MASTER SERVICER BY THE SERVICER

       

      Re:    
         Soundview
        Home Loan Trust, Series 2007-1

      Asset
        Backed Certificates, Series
        2007-1          

       

      I,
        ________________________________, the _______________________ of Wells Fargo
        Bank, N.A., certify to Financial Asset Securities Corp. and the Master Servicer,
        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 Master Servicer 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 Master
        Servicer;

       

      (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 and Subcontractor pursuant
        to the
        Agreement, have been provided to [Wells Fargo]. Any material instances of
        noncompliance described in such reports have been disclosed to [Wells Fargo].
        Any material instance of noncompliance with the Servicing Criteria has been
        disclosed in such reports.

       

      Date:

       

      By:_____________________

      Name:

       

       

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        N-3

       

      FORM
        CERTIFICATION TO BE

      PROVIDED
        TO MASTER SERVICER BY THE SERVICER

       

      Re:    
         Soundview
        Home Loan Trust, Series 2007-1

      Asset
        Backed Certificates, Series 2007-1

       

      I,
        ________________________________, the _______________________ of Ocwen Loan
        Servicing, LLC, certify to Financial Asset Securities Corp. and the Master
        Servicer, 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 Master Servicer 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 Master
        Servicer;

       

      (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 and Subcontractor pursuant
        to the
        Agreement, have been provided to [Wells Fargo]. Any material instances of
        noncompliance described in such reports have been disclosed to [Wells Fargo].
        Any material instance of noncompliance with the Servicing Criteria has been
        disclosed in such reports.

       

      Date:

       

      By:_____________________

      Name:
        

       

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        O

       

      FORM
        OF
        INTEREST RATE CAP AGREEMENT

       

      

       

      
 

      

      BEAR
        STEARNS FINANCIAL PRODUCTS INC.

      383
        MADISON AVENUE

      NEW
        YORK,
        NEW YORK 10179

      212-272-4009

      

      

      

      
        	DATE:	
                February
                  28, 2007

              

      

         

      
        	TO:	
                Wells
                  Fargo Bank, N.A., not in its individual capacity, but solely as
                  Cap
                  Trustee on behalf of the Cap Trust with respect to the Soundview
                  Home Loan
                  Trust 2007-1, Asset-Backed Certificates, Series 2007-1 

              

      

       

      
        	ATTENTION:	
                Client
                  Manager - Soundview 2007-1  

              

      

      
        	FACSIMILE:	
                410-715-2380   

              

      

      

      
        	TO:	
                The
                  Royal Bank of Scotland plc, London 

              

      

      
        	ATTENTION:	
                Melizza
                  Stotler  

              

      

      
        	FACSIMILE:	
                203-618-2580

              

      

      

      
        	FROM:	
                Derivatives
                  Documentation

              

      

      
        	TELEPHONE:	
                212-272-2711

              

      

      
        	FACSIMILE:	
                212-272-9857

              

      

      

      
        	RE:	
                Novation
                  Confirmation 

              

      

       

      
        	REFERENCE
                UMBER(S):	
                FXNEC9258-BXNE218671

              

      

      

      The
        purpose of this letter is to confirm the terms and conditions of the Novation
        Transaction entered into between the parties and effective from the Novation
        Date specified below. This Novation Confirmation constitutes a “Confirmation” as
        referred to in the New Agreement specified below. 

      

      
        	1.	
                The
                  definitions and provisions contained in the 2004 ISDA Novation
                  Definitions
                  (the “Definitions”) and the terms and provisions of the 2000 ISDA
                  Definitions,
                  as
                  published by the International Swaps and Derivatives Association,
                  Inc. and
                  amended from time to time, are incorporated in this Novation Confirmation.
                  In the event of any inconsistency between (i) the Definitions,
                  (ii) the
                  2000 ISDA Definitions, and/or (iii) the Novation Agreement and
                  this
                  Novation Confirmation, this Novation Confirmation will govern.
                  

              

      

      

      
        	2.	
                The
                  terms of the Novation Transaction to which this Novation Confirmation
                  relates are as follows:

              

      

      

      
        	 	
                Novation
                  Trade Date:

              	
                February
                  28, 2007

              
	 	
                Novation
                  Date:

              	
                February
                  28, 2007

              
	 	
                Novated
                  Amount:

              	
                As
                  set forth in the New Confirmation

              
	 	
                Transferor
                  1:

              	
                The
                  Royal Bank of Scotland plc

              
	 	
                Transferor
                  2:

              	
                Bear
                  Stearns Bank plc 

              
	 	
                Transferee
                  1:

              	
                Wells
                  Fargo Bank, N.A., not in its individual capacity, but solely as
                  Cap
                  Trustee on behalf of the Cap Trust with respect to the Soundview
                  Home Loan
                  Trust 2007-1, Asset-Backed Certificates, Series 2007-1

              
	 	
                Transferee
                  2:

              	
                Bear
                  Stearns Financial Products Inc.

              
	 	
                New
                  Agreement (between Transferee 1 

                and
                  Transferee 2):

              	The
                Master Agreement as defined in the New
                Confirmation

      

       

      
        	3.	
                The
                  terms of the Old Transaction to which this Novation Confirmation
                  relates,
                  for identification purposes, are as
                  follows:

              

      

      

      
        	 	
                Trade
                  Date of Old Transaction:

              	
                February
                  23, 2007

              
	 	
                Effective
                  Date of Old Transaction:

              	
                November
                  25, 2007

              
	 	
                Termination
                  Date of Old Transaction:

              	
                February
                  25, 2012

              

      

      

      
        	4.	
                The
                  terms of the New Transactions to which this Novation Confirmation
                  relates
                  shall be as specified in the New Confirmation attached hereto as
                  Exhibit
                  A, including the Credit Support Annex attached hereto as Annex
                  A.

              

      

      

      
        	 	
                Full
                  First Calculation Period:

              	
                Applicable
                  

              

      

      

      
        	5.	
                Offices:

              

      

       

      

      
        	 	
                Transferor
                  1:

              	
                London

              
	 	
                Transferor
                  2:

              	
                Not
                  Applicable

              
	 	
                Transferee
                  1:

              	
                Not
                  Applicable

              
	 	
                Transferee
                  2:

              	
                Not
                  Applicable

              

      

      

      

      The
        parties confirm their acceptance to be bound by this Novation Confirmation
        as of
        the Novation Date by executing a copy of this Novation Confirmation and
        returning a facsimile of the fully-executed Novation Confirmation to
212-272-9857.
        Transferor
        1 and Transferor 2, by their respective execution of a copy of this Novation
        Confirmation, each agrees to the terms of the Novation Confirmation as it
        relates to the Old Transaction. Transferee 1 and Transferee 2, by their
        respective execution of a copy of this Novation Confirmation, each agrees
        to the
        terms of the Novation Confirmation as it relates to the New Transaction.
        For
        inquiries regarding U.S. Transactions, please contact Derivatives
        Documentation
        by
        telephone at 212-272-2711.
        For all
        other inquiries please contact Derivatives
        Documentation by
        telephone at 353-1-402-6223.

       

       

      
        	
                The
                  Royal Bank of Scotland plc

                By:
                  Greenwich Capital Markets, Inc., its agent

                 

                 

                By:
                  _____________________________

                Name:

                Title:

                Date:

              	 	
                Bear
                  Stearns Bank plc

                 

                 

                 

                By:
                  _____________________________

                Name:

                Title:

                Date:

              
	 	 	 
	
                Wells
                  Fargo Bank, N.A., not in its individual capacity, but solely as
                  Cap
                  Trustee on behalf of the Cap Trust with respect to the Soundview
                  Home Loan
                  Trust 2007-1, Asset-Backed Certificates, Series
                  2007-1

                 

                 

                 

                By:
                  _____________________________

                Name:

                Title:

                Date:

              	 	
                Bear
                  Stearns Financial Products Inc.

                 

                 

                 

                By:
                  _____________________________

                Name:

                Title:

                Date:

              

      

      

      lm/er

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      
        
 

        
          	
                  
                    

                  

                	
                  BEAR
                    STEARNS FINANCIAL PRODUCTS INC.

                  383
                    MADISON AVENUE

                  NEW
                    YORK, NEW YORK 10179

                  212-272-4009

                

        

         

        

        

        Exhibit
          A

        

          
            	
                    DATE:

                  	
                    February
                      28, 2007

                  
	
                     

                  	 
	
                    TO:

                  	
                    Wells
                      Fargo Bank, N.A., not in its individual capacity, but solely
                      as Cap
                      Trustee on behalf of the Cap Trust with respect to the Soundview
                      Home Loan
                      Trust 2007-1, Asset-Backed Certificates, Series 2007-1

                  
	
                    ATTENTION:

                  	
                    Client
                      Manager - Soundview 2007-1

                  
	
                    TELEPHONE:

                  	
                    410-884-2000

                  
	
                    FACSIMILE:

                  	
                    410-715-2380

                  
	 	 
	
                    FROM:

                  	
                    Derivatives
                      Documentation

                  
	
                    TELEPHONE:

                  	
                    212-272-2711
                      

                  
	
                    FACSIMILE:

                  	
                    212-272-9857
                      

                  
	 	 
	
                    SUBJECT:

                  	
                    Fixed
                      Income Derivatives Confirmation and Agreement 

                  
	 	 
	
                    REFERENCE
                      NUMBER:

                  	
                    FXNEC9258

                  

          

        

        
 

        The
          purpose of this long-form confirmation (“Confirmation”)
          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. (“Party
          A”) and
          Wells
          Fargo Bank, N.A., not in its individual capacity, but solely as Cap Trustee
          on
          behalf of the Cap Trust with respect to the Soundview Home Loan Trust 2007-1,
          Asset-Backed Certificates, Series 2007-1 (“Party
          B”).
          Reference is hereby made to the Pooling and Servicing Agreement, dated
          as
          of February
          1, 2007, among Financial Asset Securities Corp., as Depositor, Ocwen Loan
          Servicing, LLC., as Servicer, Wells Fargo Bank, N.A., as Master Servicer
          and
          Trust Administrator, and Deutsche Bank National Trust Company, as Trustee
          (the
“Pooling
          and Servicing Agreement”).
          This
          Confirmation evidences a complete and binding agreement between you and
          us to
          enter into the Transaction on the terms set forth below and replaces any
          previous agreement between us with respect to the subject matter hereof.
          This
          Confirmation constitutes a “Confirmation”
          and also
          constitutes a “Schedule”
          as
          referred to in the ISDA Master Agreement, and Paragraph 13 of a Credit
          Support
          Annex to the Schedule. 

        

        
          	1.  	
                  This
                    Confirmation shall supplement, form a part of, and be subject
                    to an
                    agreement in the form of the ISDA Master Agreement (Multicurrency
                    - Cross
                    Border) as published and copyrighted in 1992 by the International
                    Swaps
                    and Derivatives Association, Inc. (the “ISDA
                    Master Agreement”),
                    as if Party A and Party B had executed an agreement in such form
                    on the
                    date hereof, with a Schedule as set forth in Item 3 of this Confirmation,
                    and an ISDA Credit Support Annex (Bilateral Form - ISDA Agreements
                    Subject
                    to New York Law Only version) as published and copyrighted in
                    1994 by the
                    International Swaps and Derivatives Association, Inc., with Paragraph
                    13
                    thereof as set forth in Annex A hereto (the “Credit
                    Support Annex”).
                    For the avoidance of doubt, the Transaction described herein
                    shall be the
                    sole Transaction governed by such ISDA Master Agreement. In the
                    event of
                    any inconsistency among any of the following documents, the relevant
                    document first listed shall govern: (i) this Confirmation, exclusive
                    of
                    the provisions set forth in Item 3 hereof and Annex A hereto;
                    (ii) the
                    provisions set forth in Item 3 hereof, which are incorporated
                    by reference
                    into the Schedule; (iii) the Credit Support Annex; (iv) the Definitions;
                    and (v) the ISDA Master Agreement.

                

        

        

        Each
          reference herein 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 Master Agreement; each herein reference
          to
          a “Part” will be construed as a reference to the provisions herein deemed
          incorporated in a Schedule to the ISDA Master Agreement; each reference
          herein
          to a “Paragraph” will be construed as a reference to a Paragraph of the Credit
          Support Annex.

        

        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:

                  	
                    February
                      28, 2007

                  
	 	 
	
                    Effective
                      Date:

                  	
                    November
                      25, 2007

                  
	 	 
	
                    Termination
                      Date:

                  	
                    February
                      25, 2012, subject to adjustment in accordance with the Business
                      Day
                      Convention.

                  
	 	 
	
                    Fixed
                      Amount (Premium):

                  	
                    Inapplicable.
                      Premium has been paid under the Old Transaction.

                  
	 	 
	
                    Floating
                      Amounts:

                  	 
	
                    Floating
                      Rate Payer:

                  	
                    Party
                      A

                  
	 	 
	
                    Cap
                      Rate:

                  	
                    5.275000%

                  
	 	 
	
                    Floating
                      Rate Payer 

                  	 
	
                    Period
                      End Dates:

                  	
                    The
                      25th calendar day of each month during the Term of this Transaction,
                      commencing December 25, 2007 and ending on the Termination
                      Date, subject
                      to adjustment in accordance with the Business Day
                      Convention.

                  
	 	 
	
                    Fixed
                      Rate Payer 

                  	 
	
                    Payment
                      Dates:

                  	
                    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.

                  
	 	 
	
                    Floating
                      Rate Option:

                  	
                    USD-LIBOR-BBA,
                      provided, however, that if the Floating Rate determined from
                      such Floating
                      Rate Option for any Calculation Period is greater than 9.00000%
                      then the
                      Floating Rate for such Calculation Period shall be deemed to
                      be
                      9.00000%.

                  
	 	 
	
                    Floating
                      Amount:

                  	
                    To
                      be determined in accordance with the following Formula:

                  
	 	 
	 	
                    Greater
                      of (i) Scale Factor * (Floating Rate Option - Cap Rate) * Notional
                      Amount
                      * Floating Rate Day Count Fraction; and (ii) zero.

                  
	 	 
	
                    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

                  
	 	 
	
                    Business
                      Day Convention:

                  	
                    Following

                  
	 	 
	
                    Scale
                      Factor:

                  	
                    250

                  
	 	 
	
                    Calculation
                      Agent:   

                  	Party
                    A

          

        

         

        

        
          	
                  3.

                	
                  Provisions
                    Deemed Incorporated in a Schedule to the ISDA Master
                    Agreement:

                

        

        

        
          	
                  Part
                    1.

                	
                  Termination
                    Provisions.

                

        

        

        For
          the
          purposes of this Agreement:-

        

        (a)         
           “Specified
          Entity”
          will not
          apply to Party A or Party B for any purpose. 

        

        
          	
                  (b)

                	
                  “Specified
                    Transaction”
                    will have the meaning specified in Section
                    14.

                

        

        

        
          	
                  (c)

                	
                  Events
                    of Default.

                

        

        

        The
          statement below that an Event of Default will apply to a specific party
          means
          that upon the occurrence of such an Event of Default with respect to such
          party,
          the other party shall have the rights of a Non-defaulting Party under Section
          6
          of this Agreement; conversely, the statement below that such event will
          not
          apply to a specific party means that the other party shall not have such
          rights.

        

        
          	(i)  	
                  The
                    “Failure
                    to Pay or Deliver”
                    provisions of Section 5(a)(i) will apply to Party A and will
                    apply to
                    Party B; provided, however, that notwithstanding anything to
                    the contrary
                    in Section 5(a)(i) or in Paragraph 7 of the Credit Support Annex,
                    any
                    failure by Party A to comply with or perform any obligation to
                    be complied
                    with or performed by Party A under the Credit Support Annex shall
                    not
                    constitute an Event of Default under Section 5(a)(i) unless (A)
                    a Required
                    Ratings Downgrade Event has occurred and been continuing for
                    30 or more
                    Local Business Days and (B) such failure is not remedied on or
                    before the
                    third Local Business Day after notice of such failure is given
                    to Party
                    A.

                

        

        

        
          	(ii)  	
                  The
                    “Breach
                    of Agreement”
                    provisions of Section 5(a)(ii) will apply to Party A and will
                    not apply to
                    Party B.

                

        

        

        
          	(iii)  	
                  The
                    “Credit
                    Support Default”
                    provisions of Section 5(a)(iii) will apply to Party A and will
                    not apply
                    to Party B except that Section 5(a)(iii)(1) will apply to Party
                    B solely
                    in respect of Party B’s obligations under Paragraph 3(b) of the Credit
                    Support Annex; provided, however, that notwithstanding anything
                    to the
                    contrary in Section 5(a)(iii)(1), any failure by Party A to comply
                    with or
                    perform any obligation to be complied with or performed by Party
                    A under
                    the Credit Support Annex shall not constitute an Event of Default
                    under
                    Section 5(a)(iii) unless (A) a Required Ratings Downgrade Event
                    has
                    occurred and been continuing for 30 or more Local Business Days
                    and (B)
                    such failure is not remedied on or before the third Local Business
                    Day
                    after notice of such failure is given to Party
                    A.

                

        

        

        
          	(iv)  	
                  The
                    “Misrepresentation”
                    provisions of Section 5(a)(iv) will apply to Party A and will
                    not apply to
                    Party B. 

                

        

        

        
          	(v)  	
                  The
                    “Default
                    under Specified Transaction”
                    provisions of Section 5(a)(v) will apply to Party A and will
                    not apply to
                    Party B.

                

        

        

        
          	(vi)  	
                  The
                    “Cross
                    Default”
                    provisions of Section 5(a)(vi) will apply to Party A and will
                    not apply to
                    Party B. For purposes of Section 5(a)(vi), solely with respect
                    to Party
                    A:

                

        

        

        “Specified
          Indebtedness” will have the meaning specified in Section 14.

        

        “Threshold
          Amount” means USD 100,000,000.

        

        
          	(vii)  	
                  The
                    “Bankruptcy”
                    provisions of Section 5(a)(vii) will apply to Party A and will
                    apply to
                    Party B except that the provisions of Section 5(a)(vii)(2), (6)
                    (to the
                    extent that such provisions refer to any appointment contemplated
                    or
                    effected by the Pooling and Servicing Agreement or any appointment
                    to
                    which Party B has not become subject), (7) and (9) will not apply
                    to Party
                    B; provided that, with respect to Party B only, Section 5(a)(vii)(4)
                    is
                    hereby amended by adding after the words “against it” the words
                    “(excluding any proceeding or petition instituted or presented
                    by Party A
                    or its Affiliates)”, and Section 5(a)(vii)(8) is hereby amended by
                    deleting the words “to (7) inclusive” and inserting lieu thereof “, (3),
                    (4) as amended, (5), (6) as amended, or
                    (7)”.

                

        

        

        
          	(viii)  	
                  The
                    “Merger
                    Without Assumption”
                    provisions of Section 5(a)(viii) will apply to Party A and will
                    apply to
                    Party B.

                

        

        

        (d)        
           Termination
          Events.

        

        The
          statement below that a Termination Event will apply to a specific party
          means
          that upon the occurrence of such a Termination Event, if such specific
          party is
          the Affected Party with respect to a Tax Event, the Burdened Party with
          respect
          to a Tax Event Upon Merger (except as noted below) or the non-Affected
          Party
          with respect to a Credit Event Upon Merger, as the case may be, such specific
          party shall have the right to designate an Early Termination Date in accordance
          with Section 6 of this Agreement; conversely, the statement below that
          such an
          event will not apply to a specific party means that such party shall not
          have
          such right; provided, however, with respect to “Illegality” the statement that
          such event will apply to a specific party means that upon the occurrence
          of such
          a Termination Event with respect to such party, either party shall have
          the
          right to designate an Early Termination Date in accordance with Section
          6 of
          this Agreement.

        

        (i)          
           The
          “Illegality”
          provisions of Section 5(b)(i) will apply to Party A and will apply to Party
          B.

        

        
          	 	
                  (ii)

                	
                  The
                    “Tax
                    Event”
                    provisions of Section 5(b)(ii) will apply to Party A and will
                    apply to
                    Party B. 

                

        

        

        
          	 	
                  (iii)

                	
                  The
                    “Tax
                    Event Upon Merger”
                    provisions of Section 5(b)(iii) will apply to Party A and will
                    apply to
                    Party B, provided that Party A shall not be entitled to designate
                    an Early
                    Termination Date by reason of a Tax Event upon Merger in respect
                    of which
                    it is the Affected Party.

                

        

        

        
          	 	
                  (iv)

                	
                  The
                    “Credit
                    Event Upon Merger”
                    provisions of Section 5(b)(iv) will not apply to Party A and
                    will not
                    apply to Party B.

                

        

        

        
          	
                  (e)

                	
                  The
                    “Automatic
                    Early Termination”
                    provision of Section 6(a) will not apply to Party A and will
                    not apply to
                    Party B.

                

        

        

        (f)         
            Payments
          on Early Termination.
          For the
          purpose of Section 6(e) of this Agreement:

        

        
          	(i)  	
                  The
                    Second Method will apply.

                

        

        

        
          	(ii)  	
                  Market
                    Quotation will apply, provided, however, that, if Party A is
                    the
                    Defaulting Party or the sole Affected Party, the following provisions
                    will
                    apply:

                

        

        

        
          	 	
                  (A)

                	
                  Section
                    6(e) is hereby amended by inserting on the first line thereof
                    the words
                    “or is effectively designated” after “If an Early Termination Date
                    occurs”;

                

        

        

        
          	 	
                  (B)
                    

                	
                  The
                    definition of Market Quotation in Section 14 shall be deleted
                    in its
                    entirety and replaced with the following:

                

        

        

        “Market
          Quotation” means,
          with respect to one or more Terminated Transactions, and a party making
          the
          determination, an amount determined on the basis of one or more Firm Offers
          from
          Reference Market-makers that are Eligible Replacements. Each Firm Offer
          will be
          (1) for an amount that would be paid to Party B (expressed as a negative
          number)
          or by Party B (expressed as a positive number) in consideration of an agreement
          between Party B and such Reference Market-maker to enter into a Replacement
          Transaction, and (2) made on the basis that Unpaid Amounts in respect of
          the
          Terminated Transaction or group of Transactions are to be excluded but,
          without
          limitation, any payment or delivery that would, but for the relevant Early
          Termination Date, have been required (assuming satisfaction of each applicable
          condition precedent) after that Early Termination Date are to be included.
          The
          party making the determination (or its agent) will request each Reference
          Market-maker that is an Eligible Replacement to provide its Firm Offer
          to the
          extent reasonably practicable as of the same day and time (without regard
          to
          different time zones) on or as soon as reasonably practicable after the
          designation or occurrence of the relevant Early Termination Date. The day
          and
          time as of which those Firm Offers are to be provided (the “bid time”) will be
          selected in good faith by the party obliged to make a determination under
          Section 6(e), and, if each party is so obliged, after consultation with
          the
          other. If at least one Firm Offer from an Approved Replacement (which,
          if
          accepted, would determine the Market Quotation) is provided at the bid
          time, the
          Market Quotation will be the Firm Offer (among such Firm Offers as specified
          in
          clause (C) below) actually accepted by Party B no later than the Business
          Day
          immediately preceding the Early Termination Date. If no Firm Offer from
          an
          Approved Replacement (which, if accepted, would determine the Market Quotation)
          is provided at the bid time, it will be deemed that the Market Quotation
          in
          respect of such Terminated Transaction or group of Transactions cannot
          be
          determined.

        

        
          	 	
                  (C)

                	
                  If
                    more than one Firm Offer from an Approved Replacement (which,
                    if accepted,
                    would determine the Market Quotation) is provided at
                    the bid time,
                    Party B shall accept the Firm Offer (among such Firm Offers)
                    which would
                    require either (x) the lowest payment by Party B to the Reference
                    Market-maker, to the extent Party B would be required to make
                    a payment to
                    the Reference Market-maker or (y) the highest payment from the
                    Reference
                    Market-maker to Party B, to the extent the Reference Market-maker
                    would be
                    required to make a payment to Party B. If only one Firm Offer
                    from an
                    Approved Replacement (which, if accepted, would determine the
                    Market
                    Quotation) is provided at the bid time, Party B shall accept
                    such Firm
                    Offer.

                

        

        

        
          	 	
                  (D)

                	
                  If
                    Party B requests Party A in writing to obtain Market Quotations,
                    Party A
                    shall use its reasonable efforts to do so.

                

        

        

        
          	 	
                  (E)

                	
                  If
                    the Settlement Amount is a negative number, Section 6(e)(i)(3)
                    shall be
                    deleted in its entirety and replaced with the
                    following:

                

        

        

        “(3)
          Second
          Method and Market Quotation.
          If the
          Second Method and Market Quotation apply, (I) Party B shall pay to Party
          A an
          amount equal to the absolute value of the Settlement Amount in respect
          of the
          Terminated Transactions, (II) Party B shall pay to Party A the Termination
          Currency Equivalent of the Unpaid Amounts owing to Party A and (III) Party
          A
          shall pay to Party B the Termination Currency Equivalent of the Unpaid
          Amounts
          owing to Party B; provided, however, that (x) the amounts payable under
          the
          immediately preceding clauses (II) and (III) shall be subject to netting
          in
          accordance with Section 2(c) of this Agreement and (y) notwithstanding
          any other
          provision of this Agreement, any amount payable by Party A under the immediately
          preceding clause (III) shall not be netted-off against any amount payable
          by
          Party B under the immediately preceding clause (I).”

         

        (g)         
           “Termination
          Currency”
          means
          USD.

        

        (h)       
            Additional
          Termination Events.
          Additional Termination Events will apply as provided in Part 5(c). 

        

        Part
          2.   Tax
          Matters.

        

        (a)         
           Tax
          Representations. 

        

        
          	 	
                  (i)

                	
                  Payer
                    Representations.
                    For the purpose of Section 3(e) of this Agreement:
                    

                

        

         

        (A)        
           Party
          A
          makes the following representation(s):

        

        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 it to the other party under this Agreement. 

        

        In
          making
          this representation, it may rely on: 

        

        
          	 	
                  (1)

                	
                  the
                    accuracy of any representations made by the other party pursuant
                    to
                    Section 3(f) of this Agreement; 

                

        

        

        
          	 	
                  (2)

                	
                  the
                    satisfaction of the agreement 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 

                

        

        

        
          	 	
                  (3)

                	
                  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)         
           Party
          B
          makes the following representation(s):

        

        None.

        

        (ii)            Payee
          Representations.
          For the
          purpose of Section 3(f) of this Agreement: 

         

        (A)         
          Party
          A
          makes the following representation(s):

        

        Party
          A
          is a corporation organized under the laws of the State of Delaware and
          its U.S.
          taxpayer identification number is 13-3866307.

         

        (B)        
           Party
          B
          makes the following representation(s):

        

        None.

        

        
          	
                  (b)

                	
                  Tax
                    Provisions.

                

        

        

        
          	 	
                  (i)

                	
                  Gross
                    Up.
                    Section 2(d)(i)(4) shall not apply to Party B as X, such that
                    Party B
                    shall not be required to pay any additional amounts referred
                    to
                    therein.

                

        

        

        
          	 	
                  (ii)

                	
                  Indemnifiable
                    Tax.
                    Notwithstanding the definition of “Indemnifiable Tax” in Section 14 of
                    this Agreement, all Taxes in relation to payments by Party A
                    shall be
                    Indemnifiable Taxes (including any Tax imposed in relation to
                    a Credit
                    Support Document or in relation to any payment thereunder) unless
                    (i) such
                    Taxes are assessed directly against Party B and not by deduction
                    or
                    withholding by Party A or (ii) arise as a result of a Change
                    in Tax Law
                    (in which case such Tax shall be an Indemnifiable Tax only if
                    such Tax
                    satisfies the definition of Indemnifiable Tax provided in Section
                    14). In
                    relation to payments by Party B, no Tax shall be an Indemnifiable
                    Tax.

                

        

        

        Part
          3.   Agreement
          to Deliver Documents.  

        

        (a) For
          the
          purpose of Section 4(a)(i), tax forms, documents, or certificates to be
          delivered are:

        
          	
                  Party
                    required to 

                  deliver
                    document

                	 	
                  Form/Document/

                  Certificate

                	 	
                  Date
                    by which to

                  be
                    delivered

                
	 	 	 	 	 
	
                  Party
                    A

                	 	
                  An
                    original properly completed and executed United States Internal
                    Revenue
                    Service Form W-9 (or any successor thereto) with respect to any
                    payments
                    received or to be received by Party A that eliminates U.S. federal
                    withholding and backup withholding Tax on payments to Party A
                    under this
                    Agreement.

                	 	
                  (i)
                    upon execution of this Agreement, (ii) on or before the first
                    payment date
                    under this Agreement, including any Credit Support Document,
                    (iii)
                    promptly upon the reasonable demand by Party B, (iv) prior to
                    the
                    expiration or obsolescence of any previously delivered form,
                    and (v)
                    promptly upon the information on any such previously delivered
                    form
                    becoming inaccurate or incorrect.

                
	 	 	 	 	 
	
                  Party
                    B

                	 	
                  (i)
                    Upon execution of this Agreement, an original properly completed
                    and
                    executed United States Internal Revenue Service Form W-9 (or
                    any successor
                    thereto) with respect to any payments received or to be received
                    by the
                    initial beneficial owner of payments to Party B that eliminates
                    U.S.
                    federal withholding and backup withholding Tax on payments to
                    Party B
                    under this Agreement, and (ii) thereafter, the appropriate tax
                    certification form (i.e., IRS Form W-9 or IRS Form W-8BEN, W-8IMY,
                    W-8EXP
                    or W-8ECI, as applicable (or any successor form thereto)) with
                    respect to
                    any payments received or to be received by the beneficial owner
                    of
                    payments to Party B under this Agreement from time to time.
                    

                	 	
                  (i)
                    upon execution of this Agreement, (ii) on or before the first
                    payment date
                    under this Agreement, including any Credit Support Document,
                    (iii) in the
                    case of a tax certification form other than a Form W-9, before
                    December 31
                    of each third succeeding calendar year, (iv) promptly upon the
                    reasonable
                    demand by Party B, (v) prior to the expiration or obsolescence
                    of any
                    previously delivered form, and (vi) promptly upon the information
                    on any
                    such previously delivered form becoming inaccurate or
                    incorrect.

                

        

        

        (b) For
          the
          purpose of Section 4(a)(ii), 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

                
	 	 	 	 	 	 	 
	
                  Party
                    A and

                  Party
                    B

                	 	
                  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 the Agreement, this 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 the Agreement, this Confirmation and any Credit Support
                    Document, as
                    the case may be

                	 	
                  Upon
                    the execution and delivery of this Agreement

                	 	
                  Yes

                
	 	 	 	 	 	 	 
	
                  Party
                    A and

                  Party
                    B

                	 	
                  A
                    certificate of an authorized officer of the party, as to the
                    incumbency
                    and authority of the respective officers of the party signing
                    the
                    Agreement, this Confirmation, and any relevant Credit Support
                    Document, as
                    the case may be

                	 	
                  Upon
                    the execution and delivery of this Agreement

                	 	
                  Yes

                
	 	 	 	 	 	 	 
	
                  Party
                    A

                	 	
                  Annual
                    Report of Party A containing consolidated financial statements
                    certified
                    by independent certified public accountants and prepared in accordance
                    with generally accepted accounting principles in the country
                    in which
                    Party A is organized

                	 	
                  Upon
                    request by Party B

                	 	
                  Yes

                
	 	 	 	 	 	 	 
	
                  Party
                    A

                	 	
                  Quarterly
                    Financial Statements of Party A containing unaudited, consolidated
                    financial statements of Party A’s fiscal quarter prepared in accordance
                    with generally accepted accounting principles in the country
                    in which
                    Party A is organized

                	 	
                  Upon
                    request by Party B

                	 	
                  Yes

                
	 	 	 	 	 	 	 
	
                  Party
                    A and

                  Party
                    B

                	 	
                  An
                    opinion of counsel of such party regarding the enforceability
                    of this
                    Agreement in a form reasonably satisfactory to the other
                    party.

                	 	
                  Upon
                    the execution and delivery of this Agreement

                	 	
                  No

                
	 	 	 	 	 	 	 
	
                  Party
                    B

                	 	
                  An
                    executed copy of the Pooling and Servicing Agreement

                	 	
                  Promptly
                    upon filing of such agreement with the U.S. Securities and Exchange
                    Commission

                	 	
                  No

                

        

        

        Part
          4.    Miscellaneous.
          

        

        
          	
                  (a)

                	
                  Address
                    for Notices:
                    For the purposes of Section 12(a) of this
                    Agreement:

                

        

        

        

          
            	
                    Address
                      for notices or communications to Party A:

                  
	 	 
	
                    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 Party B:

                  
	 	 
	
                    Address:

                  	
                    Wells
                      Fargo Bank, N.A.

                  
	 	
                    9062
                      Old Annapolis Road

                  
	 	
                    Columbia,
                      MD 21045

                  
	
                    Attention:

                  	
                    Client
                      Manager - Soundview 2007-1

                  
	
                    Facsimile:

                  	
                    410-715-2380

                  
	
                    Phone:

                  	
                    410-884-2000

                  
	 	 
	
                    (For
                      all purposes)

                  	 

          

        

         

        (b)        
           Process
          Agent.
          For the
          purpose of Section 13(c):

        

        Party
          A
          appoints as its Process Agent: Not applicable.

        

        Party
          B
          appoints as its Process Agent: Not applicable.

        

        
          	
                  (c)

                	
                  Offices.
                    The provisions of Section 10(a) will apply to this Agreement;
                    neither
                    Party A nor Party B has any Offices other than as set forth in
                    the Notices
                    Section.

                

        

        

        
          	
                  (d)

                	
                  Multibranch
                    Party.
                    For the purpose of Section 10(c) of this
                    Agreement:

                

        

        

        Party
          A
          is not a Multibranch Party.

        

        
          	 	
                  Party
                    B is not a Multibranch Party.

                

        

        

        
          	
                  (e)

                	
                  Calculation
                    Agent.
                    The Calculation Agent is Party A.

                

        

        

        (f)           Credit
          Support Document. 

         

        
          	 	
                  Party
                    A:

                	
                  The
                    Credit Support Annex, and any guarantee in support of Party A’s
                    obligations under this Agreement.

                

        

        

        Party
          B: The
          Credit Support Annex.

        

        
          	
                  (g)

                	
                  Credit
                    Support Provider.

                

        

        

        Party
          A: The
          guarantor under any guarantee in support of Party A’s obligations under this
          Agreement.

        

        Party
          B: None.

        

        
          	
                  (h)

                	
                  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.

                

        

        

        
          	
                  (i)

                	
                  Netting
                    of Payments.
                    The parties agree that subparagraph (ii) of Section 2(c) will
                    apply to
                    each Transaction hereunder. 

                

        

        

        
          	
                  (j)

                	
                  Affiliate.
                    Party A and Party B shall be deemed to have no Affiliates for
                    purposes of
                    this Agreement, including for purposes of Section
                    6(b)(ii).

                

        

         

        Part
          5.   Others
          Provisions.

        

        
          	
                  (a)

                	
                  Definitions.
                    Unless
                    otherwise specified in a Confirmation, this Agreement and each
                    Transaction
                    under this Agreement are subject to the 2000 ISDA Definitions
                    as published
                    and copyrighted in 2000 by the International Swaps and Derivatives
                    Association, Inc. (the “Definitions”),
                    and will be governed in all relevant respects by the provisions
                    set forth
                    in the Definitions, without regard to any amendment to the Definitions
                    subsequent to the date hereof. The provisions of the Definitions
                    are
                    hereby incorporated by reference in and shall be deemed a part
                    of this
                    Agreement, except that (i) references in the Definitions to a
“Swap
                    Transaction” shall be deemed references to a “Transaction” for purposes of
                    this Agreement, and (ii) references to a “Transaction” in this Agreement
                    shall be deemed references to a “Swap Transaction” for purposes of the
                    Definitions. Each term capitalized but not defined in this Agreement
                    shall
                    have the meaning assigned thereto in the Pooling and Servicing
                    Agreement.

                

        

         

        (b)        
           Amendments
          to ISDA Master Agreement.

        

        
          	 	
                  (i)

                	
                  Single
                    Agreement.
                    Section 1(c) is hereby amended by the adding the words “including, for the
                    avoidance of doubt, the Credit Support Annex” after the words “Master
                    Agreement”. 

                

        

        

        
          	 	
                  (ii)

                	
                  [Reserved.]
                    

                

        

        

        
          	 	
                  (iii)

                	
                  [Reserved.]

                

        

        

        
          	 	
                  (iv)

                	
                  Representations.
                    Section 3 is hereby amended by adding at the end thereof the
                    following
                    subsection (g): 

                

        

        

        
          	 	
                  “(g)

                	
                  Relationship
                    Between Parties. 

                

        

        

        
          	 	
                  (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, (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, (iii) it is not relying on any
                    communication
                    (written or oral) of the other party as investment advice or
                    as a
                    recommendation to enter into this Transaction; it being understood
                    that
                    information and explanations related to the terms and conditions
                    of this
                    Transaction shall not be considered investment advice or a recommendation
                    to enter into this Transaction, and (iv) it has not received
                    from the
                    other party any assurance or guaranty as to the expected results
                    of this
                    Transaction.

                

        

         

        
          	 	
                  (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 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 is an “eligible swap participant” as such term is
                    defined in, Section 35.1(b)(2) of the regulations (17 C.F.R.
                    35)
                    promulgated under, and an “eligible contract participant” as defined in
                    Section 1(a)(12) of the Commodity Exchange Act, as
                    amended.”

                

        

        

        
          	 	
                  (v)

                	
                  Transfer
                    to Avoid Termination Event.
                    Section 6(b)(ii) is hereby amended by (i) deleting the words
“or if a Tax
                    Event Upon Merger occurs and the Burdened Party is the Affected
                    Party,”
                    and (ii) deleting the last paragraph thereof and inserting the
                    following
                    in lieu thereof:

                

        

        

        “Notwithstanding
          anything to the contrary in Section 7 (as amended herein) and Part 5(f),
          any
          transfer by Party A under this Section 6(b)(ii) shall not require the consent
          of
          Party B for such transfer if the following conditions are
          satisfied:

        

        
          	 	
                  (1)

                	
                  the
                    transferee (the “Section 6 Transferee”) is an Eligible
                    Replacement;

                

        

        

        
          	 	
                  (2)

                	
                  if
                    the Section 6 Transferee is domiciled in a different country
                    or political
                    subdivision thereof from both Party A and Party B, such transfer
                    satisfies
                    the Rating Agency Condition;

                

        

        

        
          	 	
                  (3)

                	
                  the
                    Section 6 Transferee will not, as a result of such transfer,
                    be required
                    on the next succeeding Scheduled Payment Date to withhold or
                    deduct on
                    account of any Tax (except in respect of default interest) amounts
                    in
                    excess of that which Party A would, on the next succeeding Scheduled
                    Payment Date have been required to so withhold or deduct unless
                    the
                    Section 6 Transferee would be required to make additional payments
                    pursuant to Section 2(d)(i)(4) corresponding to such excess;
                    

                

        

        

        
          	 	
                  (4)

                	
                  a
                    Termination Event or Event of Default does not occur as a result
                    of such
                    transfer; and

                

        

        

        
          	 	
                  (5)

                	
                  the
                    Section 6 Transferee confirms in writing that it will accept
                    all of the
                    interests and obligations in and under this Agreement which are
                    to be
                    transferred to it in accordance with the terms of this
                    provision.”

                

        

        

        
          	 	
                  (vi)

                	
                  Jurisdiction.
                    Section
                    13(b) is hereby amended by: (i) deleting in the second line of
                    subparagraph (i) thereof the word "non-", (ii) deleting “; and” from the
                    end of subparagraph 1 and inserting “.” in lieu thereof, and (iii)
                    deleting the final paragraph
                    thereof.

                

        

        

        
          	 	
                  (vii)

                	
                  Local
                    Business Day.
                    The definition of Local Business Day in Section 14 is hereby
                    amended by
                    the addition of the words “or any Credit Support Document” after “Section
                    2(a)(i)” and the addition of the words “or Credit Support Document” after
                    “Confirmation”. 

                

        

        

        
          	
                  (c)

                	
                  Additional
                    Termination Events.
                    The following Additional Termination Events will
                    apply:

                

        

        

        (i)      
           S&P/Fitch
          First Level Downgrade.
          If an
          S&P/Fitch Approved Ratings Downgrade Event has occurred and is continuing
          and Party A fails to take any action described under Part (5)(d)(i)(1),
          within
          the time period specified therein, then an Additional Termination Event
          shall
          have occurred with respect to Party A, Party A shall be the sole Affected
          Party
          with respect to such Additional Termination Event and all Transactions
          hereunder
          shall be Affected Transaction.

        

        (ii)    
           Moody’s
          First Rating Trigger Collateral.
          If (A)
          it is not the case that a Moody’s Second Trigger Ratings Event has occurred and
          been continuing for 30 or more Local Business Days and (B) Party
          A
          has failed to comply with or perform any obligation to be complied with
          or
          performed by Party A in accordance with the Credit Support Annex, then
          an
          Additional Termination Event shall have occurred with respect to Party
          A, Party
          A shall be the sole Affected Party with respect to such Additional Termination
          Event and all Transactions hereunder shall be Affected Transactions.

        

        (iii)   
           S&P/Fitch
          Second Level Downgrade.
          If an
          S&P/Fitch Required Ratings Downgrade Event has occurred and is continuing
          and Party A fails to take any action described under Part (5)(d)(i)(2)
          within
          the time period specified therein, then an Additional Termination Event
          shall
          have occurred with respect to Party A, Party A shall be the sole Affected
          Party
          with respect to such Additional Termination Event and all Transactions
          hereunder
          shall be Affected Transaction.

        

        (iv)   
           Moody’s
          Second Rating Trigger Replacement.
          If (A) a
          Moody’s Second Trigger Ratings Event has occurred and been continuing for 30
          or
          more Local Business Days and (B) (i) at least one Eligible Replacement
          has made
          a Firm Offer to be the transferee of all of Party A’s rights and obligations
          under this Agreement (and such Firm Offer remains an offer that will become
          legally binding upon such Eligible Replacement upon acceptance by the offeree)
          and/or (ii) an Eligible Guarantor has made a Firm Offer to provide an Eligible
          Guarantee (and such Firm Offer remains an offer that will become legally
          binding
          upon such Eligible Guarantor immediately upon acceptance by the offeree),
          then
          an Additional Termination Event shall have occurred with respect to Party
          A,
          Party A shall be the sole Affected Party with respect to such Additional
          Termination Event and all Transactions hereunder shall be Affected Transactions.
          

         

        (v)    
           Amendment
          of the Pooling and Servicing Agreement.
          If,
          without the prior written consent of Party A where such consent is required
          under the Pooling and Servicing Agreement (such consent not to be unreasonably
          withheld), an amendment is made to the Pooling and Servicing Agreement
          which
          amendment could reasonably be expected to have a material adverse effect
          on the
          interests of Party A under this Agreement, an Additional Termination Event
          shall
          have occurred with respect to Party B, Party B shall be the sole Affected
          Party
          with respect to such Additional Termination Event and all Transactions
          hereunder
          shall be Affected Transactions. 

        

        (vi)     Optional
          Termination of Securitization. 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. Party B shall be the sole Affected Party
          with
          respect to such Additional Termination Event; provided, however, that
          notwithstanding anything to the contrary in Section 6(b)(iv), only Party
          B may
          designate an Early Termination Date in respect of this Additional Termination
          Event.

        

        
          	
                  (d)

                	
                  Rating
                    Agency Downgrade.  

                

        

        

        (i)         
           S&P/Fitch
          Downgrade:

        

        
          	 	
                  (1)

                	
                  In
                    the event that an S&P/Fitch Approved Ratings Downgrade Event occurs
                    and is continuing, then within 30 days after such rating downgrade,
                    Party
                    A shall, subject to the Rating Agency Condition with respect
                    to S&P
                    and Fitch, at its own expense, either (i) procure a Permitted
                    Transfer,
                    (ii) obtain an Eligible Guarantee or (iii) post collateral in
                    accordance
                    with the Credit Support Annex.

                

        

        

        
          	 	
                  (2)

                	
                  In
                    the event that an S&P/Fitch Required Ratings Downgrade Event occurs
                    and is continuing, then within 10 Local Business Days after such
                    rating
                    withdrawal or downgrade, Party A shall, subject to the Rating
                    Agency
                    Condition with respect to S&P and Fitch, at its own expense, procure
                    either (i) a Permitted Transfer or (ii) an Eligible
                    Guarantee.

                

        

        

        (ii)        
            Moody’s
          Downgrade.

        

        
          	 	
                  (1)
                    

                	
                  In
                    the event that a Moody’s Second Trigger Ratings Event occurs and is
                    continuing, Party A shall, as soon as reasonably practicable
                    thereafter,
                    at its own expense and using commercially reasonable efforts,
                    either (i)
                    procure a Permitted Transfer or (ii) obtain an Eligible Guarantee.
                    

                

        

        

        
          	
                  (e)
                    

                	
                  Compliance
                    with Regulation AB. 

                

        

        

         

        
          	 	
                  (i)
                    

                	
                  Bear
                    Stearns agrees and acknowledges that Financial Asset Securities
                    Corp.
                    (“Depositor”) is required under Regulation AB under the Securities Act of
                    1933, as amended (the “Act”), and the Securities Exchange Act of 1934, as
                    amended (the “Exchange Act”) (“Regulation AB”), to disclose certain
                    financial information regarding Bear Stearns or its group of
                    affiliated
                    entities, if applicable, depending on the aggregate “significance
                    percentage” of this Agreement and any other derivative contracts between
                    Bear Stearns 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/cap disclosure event (“Cap Disclosure Event”) if, on any
                    Business Day after the date hereof, Depositor requests from Bear
                    Stearns
                    the applicable financial information described in Item 1115 of
                    Regulation
                    AB (such request to be based on a reasonable determination by
                    Depositor,
                    in good faith, that such information is required under Regulation
                    AB with
                    respect to this Transaction) (the “Cap Financial
                    Disclosure”).

                

        

         

        
          	 	
                  (iii)
                    

                	
                  Upon
                    the occurrence of a Cap Disclosure Event, Bear Stearns, at its
                    own
                    expense, shall either (1)(a) (i) provide to Depositor the current
                    Cap
                    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 Depositor
                    to
                    incorporation by reference of such current Cap 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 Cap Financial Disclosure in the Exchange Act Reports
                    of
                    Depositor, and (c) provide to Depositor any updated Cap Financial
                    Disclosure with respect to Bear Stearns within five days of the
                    release of
                    any such updated Swap Financial Disclosure (but in no event more
                    than 45
                    days after the end of each of Bear Stearns’s fiscal quarter for any
                    quarterly update); (2) secure another entity to replace Bear
                    Stearns as
                    party to this Agreement by way of a Permitted Transfer on terms
                    substantially similar to this Agreement, which entity (or a guarantor
                    therefore) satisfies the Rating Agency Condition and which entity
                    is able
                    to comply with the requirements of Item 1115 of Regulation AB
                    and rule
                    3-10(b) of Regulation S-X, or (3) obtain a guaranty of Bear Stearns’s
                    obligations under this Agreement from an affiliate of Bear Stearns
                    that is
                    able to comply with the financial information disclosure requirements
                    of
                    Item 1115 of Regulation AB and rule 3-10(b) of Regulation S-X,
                    and cause
                    such affiliate to provide Cap Financial Disclosure and any future
                    Cap
                    Financial Disclosure, such that disclosure provided in respect
                    of such
                    affiliate will satisfy any disclosure requirements applicable
                    to the Cap
                    Provider.

                

        

         

        (iv)      
            (a)
           Bear
          Stearns hereby agrees to indemnify and hold harmless Depositor, the respective
          present and former directors, officers, employees and agents of each of
          the
          foregoing and each person, if any, who controls Depositor within the meaning
          of
          Section 15 of the Act, or Section 20 of the Exchange Act, from and against
          any
          and all losses, claims, liabilities, 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 as and when such losses, claims,
          liabilities, damages, penalties, fines forfeitures, legal fees or expenses
          or
          related costs, judgments, or any other costs, fees or expenses are incurred,
          insofar as such losses, claims, liabilities, damages, penalties, fines
          forfeitures, legal fees or expenses or related costs, judgments, or any
          other
          costs, fees or expenses (or actions in respect thereof) arise out of or
          are
          based upon any untrue statement or alleged untrue statement of any material
          fact
          contained in the Cap Financial Disclosure, or arise out of, or are based
          upon,
          the omission or alleged omission to state in the Cap Financial Disclosure
          any
          material fact required to be stated therein or necessary to make the statements
          in the Cap Financial Disclosure, as applicable, in light of the circumstances
          under which they were made, not misleading, and Bear Stearns shall reimburse
          Depositor, the present and former respective officers, directors, employees
          and
          agents of each of the foregoing and any such controlling person for any
          legal or
          other expenses reasonably incurred by it or any of them in connection with
          investigating or defending any such losses, claims, liabilities, damages,
          penalties, fines, forfeitures, legal fees or expenses or related costs,
          judgments, or any other costs, fees or expenses, as and when
          incurred.

         

        (b)
           If
          (i)
          Bear Stearns fails to provide the Cap Financial Disclosure or any required
          auditor’s consents to Depositor pursuant to Section 16(iii) hereof (a “Cap
          Financial Disclosure Failure”), (ii) as a result of such Cap Financial
          Disclosure Failure an Early Termination Date is designated hereunder by
          Counterparty and (iii) such Cap Financial Disclosure Failure results in
          a
          failure by Depositor to file a report required by the Exchange Act, Bear
          Stearns
          hereby agrees to reimburse Depositor, the present and former respective
          officers, directors, employees and agents of each of the foregoing and
          any such
          controlling person for any legal or other expenses reasonably incurred
          by it or
          any of them in connection with the investigation or defense of any inquiry
          or
          investigation by the Securities and Exchange Commission resulting from
          such Cap
          Financial Disclosure Failure; provided that in no event shall Bear Stearns
          be
          required to indemnify Depositor, the present and former respective officers,
          directors, employees and agent of each of the foregoing and any such controlling
          person for any lost profit or damages with respect to this Transaction
          or any
          other transaction (whether such lost profit or damages is characterized
          as
          indirect, punitive, consequential, special damages or otherwise), even
          if at the
          time of such failure Bear Stearns is aware of the possibility of such lost
          profit or damages.

        

        
          	 	
                  (v)

                	
                  Depositor
                    shall be an express third party beneficiary of this Agreement
                    as if a
                    party hereto to the extent of Depositor’s rights explicitly specified in
                    this Part 5(e).

                

          	 	 	 

        

        
          	
                  (f)

                	
                  Transfers. 

                

        

         

        (i)           
           Section
          7
          is hereby amended to read in its entirety as follows:

         

        “Except
          with respect to a Permitted Transfer pursuant to Section 6(b)(ii), Part
          5(d),
          Part 5(b)(v) or the succeeding sentence, neither Party A nor Party B is
          permitted to assign, novate or transfer (whether by way of security or
          otherwise) as a whole or in part any of its rights, obligations or interests
          under the Agreement or any Transaction unless (a) the prior written consent
          of
          the other party is obtained and (b) the Rating Agency Condition has been
          satisfied with respect to S&P and Fitch. At any time at which no Relevant
          Entity has credit ratings at least equal to the Approved Ratings Threshold,
          Party A may make a Permitted Transfer.” 

         

        
          	 	
                  (ii)

                	
                  If
                    an Eligible Replacement has made a Firm Offer (which remains
                    an offer that
                    will become legally binding upon acceptance by Party B) to be
                    the
                    transferee pursuant to a Permitted Transfer, Party B shall, at
                    Party A’s
                    written request and at Party A’s expense, execute such documentation
                    provided to it as is reasonably deemed necessary by Party A to
                    effect such
                    transfer. 

                

        

         

        
          	
                  (g)

                	
                  Non-Recourse.
                    Party A acknowledges and agree that, notwithstanding any provision
                    in this
                    Agreement to the contrary, the obligations of Party B hereunder
                    are
                    limited recourse obligations of Party B, payable solely from
                    the Cap Trust
                    and the proceeds thereof, in accordance with the priority of
                    payments and
                    other terms of the Pooling and Servicing Agreement and that Party
                    A will
                    not have any recourse to any of the directors, officers, agents,
                    employees, shareholders or affiliates of Party B with respect
                    to any
                    claims, losses, damages, liabilities, indemnities or other obligations
                    in
                    connection with any transactions contemplated hereby. In the
                    event that
                    the Cap Trust and the proceeds thereof, should be insufficient
                    to satisfy
                    all claims outstanding and following the realization of the Cap
                    Trust and
                    the proceeds thereof, any claims against or obligations of Party
                    B under
                    this Agreement or any other confirmation thereunder still outstanding
                    shall be extinguished and thereafter not revive. The Cap Trustee
                    shall not
                    have liability for any failure or delay in making a payment hereunder
                    to
                    Party A due to any failure or delay in receiving amounts in the
                    Cap Trust
                    from the Trust created pursuant to the Pooling and Servicing
                    Agreement.
                    This provision will survive the termination of this
                    Agreement.

                

        

        

        
          	
                  (h)

                	
                  Timing
                    of Payments
                    by Party B upon Early Termination.
                    Notwithstanding anything to the contrary in Section 6(d)(ii),
                    to the
                    extent that all or a portion (in either case, the “Unfunded Amount”) of
                    any amount that is calculated as being due in respect of any
                    Early
                    Termination Date under Section 6(e) from Party B to Party A will
                    be paid
                    by Party B from amounts other than any upfront payment paid to
                    Party B by
                    an Eligible Replacement that has entered a Replacement Transaction
                    with
                    Party B, then such Unfunded Amount shall be due on the next subsequent
                    Distribution Date following the date on which the payment would
                    have been
                    payable as determined in accordance with Section 6(d)(ii), and
                    on any
                    subsequent Distribution Dates until paid in full (or if such
                    Early
                    Termination Date is the final Distribution Date, on such final
                    Distribution Date); provided, however, that if the date on which
                    the
                    payment would have been payable as determined in accordance with
                    Section
                    6(d)(ii) is a Distribution Date, such payment will be payable
                    on such
                    Distribution Date.

                

        

        

        
          	
                  (i)

                	
                  Rating
                    Agency Notifications. Notwithstanding
                    any other provision of this Agreement, no Early Termination Date
                    shall be
                    effectively designated hereunder by Party B and no transfer of
                    any rights
                    or obligations under this Agreement shall be made by either party
                    unless
                    each Swap Rating Agency has been given prior written notice of
                    such
                    designation or transfer. 

                

        

        

        
          	
                  (j)

                	
                  No
                    Set-off.
                    Except as expressly provided for in Section 2(c), Section 6 or
                    Part
                    1(f)(i)(D) hereof, and notwithstanding any other 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.
                    Section 6(e) shall be amended by deleting the following sentence:
“The
                    amount, if any, payable in respect of an Early Termination Date
                    and
                    determined pursuant to this Section will be subject to any
                    Set-off.”.

                

        

         

        
          	
                  (k)

                	
                  Amendment.
                    Notwithstanding any provision to the contrary in this Agreement,
                    no
                    amendment of either this Agreement or any Transaction under this
                    Agreement
                    shall be permitted by either party unless each of the Swap Rating
                    Agencies
                    has been provided prior written notice of the same and such amendment
                    satisfies the Rating Agency Condition with respect to S&P and
                    Fitch.

                

        

        

        
          	
                  (l)

                	
                  Notice
                    of Certain Events or Circumstances.
                    Each Party agrees, upon learning of the occurrence or existence
                    of any
                    event or condition that constitutes (or that with the giving
                    of notice or
                    passage of time or both would constitute) an Event of Default
                    or
                    Termination Event with respect to such party, promptly to give
                    the other
                    Party and to each Swap Rating Agency notice of such event or
                    condition;
                    provided that failure to provide notice of such event or condition
                    pursuant to this Part 5(l) shall not constitute an Event of Default
                    or a
                    Termination Event.

                

        

         

        (m)        
           Proceedings.
          No
          Relevant Entity shall institute against, or cause any other person to institute
          against, or join any other person in instituting against Party B, the Cap
          Trust,
          or the trust formed pursuant to the Pooling and Servicing Agreement, in
          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 (or, if longer, the applicable preference period) and
          one day
          following payment in full of the Certificates and any Notes. This provision
          will
          survive the termination of this Agreement. 

        

        
          	
                  (n)

                	
                  Cap
                    Trustee Liability Limitations.
                    It
                    is expressly understood and agreed by the parties hereto that
                    (a) this
                    Agreement is executed by Wells Fargo Bank, N.A. (“Wells”) not in its
                    individual capacity, but solely as Cap Trustee under the Pooling
                    and
                    Servicing Agreement in the exercise of the powers and authority
                    conferred
                    and invested in it thereunder; (b) Wells has been directed pursuant
                    to the
                    Pooling and Servicing Agreement to enter into this Agreement
                    and to
                    perform its obligations hereunder; (c) each of the representations,
                    undertakings and agreements herein made on behalf of the Cap
                    Trust is made
                    and intended not as personal representations of Wells but is
                    made and
                    intended for the purpose of binding only the Cap Trust; and (d)
                    under no
                    circumstances shall Wells
                    in its individual capacity be personally liable for any payments
                    hereunder
                    or for the breach or failure of any obligation, representation,
                    warranty
                    or covenant made or undertaken under this
                    Agreement.

                

        

        

        
          	
                  (o)

                	
                  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) in any respect,
                    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; provided, however, that this severability provision
                    shall not be
                    applicable if any provision of Section 2, 5, 6, or 13 (or any
                    definition
                    or provision in Section 14 to the extent it relates to, or is
                    used in or
                    in connection with any such Section) shall be so held to be invalid
                    or
                    unenforceable. 

                

        

        

        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. 

        

        
          	
                  (p)

                	
                  Agent
                    for Party B. Party
                    A acknowledges that Party B has appointed the Cap Trustee and
                    the Trust
                    Administrator as its agents under the Pooling and Servicing Agreement
                    and
                    the Cap Allocation Agreement to carry out certain functions on
                    behalf of
                    Party B, and that the Cap Trustee and the Trust Administrator
                    shall be
                    entitled to give notices and to perform and satisfy the obligations
                    of
                    Party B hereunder on behalf of Party
                    B.

                

        

         

        
          	
                  (q)

                	
                  Limitation
                    on Events of Default.
                    Notwithstanding the provisions of Sections 5 and 6, if at any
                    time and so
                    long as Party B has satisfied in full all its payment obligations
                    under
                    Section 2(a)(i) and has at the time no future payment obligations,
                    whether
                    absolute or contingent, under such Section, then unless Party
                    A is
                    required pursuant to appropriate proceedings to return to Party
                    B or
                    otherwise returns to Party B upon demand of Party B any portion
                    of any
                    such payment, (a) the occurrence of an event described in Section
                    5(a)
                    with respect to Party B shall not constitute an Event of Default
                    or
                    Potential Event of Default with respect to Party B as Defaulting
                    Party and
                    (b) Party A shall be entitled to designate an Early Termination
                    Date
                    pursuant to Section 6 only as a result of the occurrence of a
                    Termination
                    Event set forth in either Section 5(b)(i) or 5(b)(ii) with respect
                    to
                    Party A as the Affected Party, or Section 5(b)(iii) with respect
                    to Party
                    A as the Burdened Party. For purposes of the Transaction to which
                    this
                    Agreement relates, Party B’s only obligation under Section 2(a)(i) is to
                    pay the Fixed Amount on the Fixed Amount Payer Payment
                    Date.

                

        

        

        
          	
                  (r)

                	
                  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 trading, marketing, and operations personnel of the parties
                    and
                    their Affiliates, waives any further notice of such monitoring
                    or
                    recording, and agrees to notify such personnel of such monitoring
                    or
                    recording. 

                

        

         

        
          	
                   (s)

                	
                  Waiver
                    of Jury Trial.
                    Each party waives any right it may have to a trial by jury in
                    respect of
                    any suit, action or proceeding relating to this Agreement or
                    any Credit
                    Support Document. 

                

        

        

        
          	
                  (t)

                	
                  Form
                    of ISDA Master Agreement. Party
                    A and Party B hereby agree that the text of the body of the ISDA
                    Master
                    Agreement is intended to be the printed form of the ISDA Master
                    Agreement
                    (Multicurrency - Crossborder) as published and copyrighted in
                    1992 by the
                    International Swaps and Derivatives Association,
                    Inc.

                

        

        

        
          	
                  (u)

                	
                  Payment
                    Instructions.
                    Party A hereby agrees that, unless notified in writing by Party
                    B of other
                    payment instructions, any and all amounts payable by Party A
                    to Party B
                    under this Agreement shall be paid to the account specified in
                    Item 4 of
                    this Confirmation, below. 

                

        

        

        
          	
                  (v)

                	
                  Capacity.
                    Party A represents to Party B on the date on which Party A enters
                    into
                    this Agreement that it is entering into the Agreement and the
                    Transaction
                    as principal and not as agent of any person. The Cap Trustee
                    represents to
                    Party A on the date on which Party
                    B enters
                    into this Agreement that the Cap Trustee is executing the Agreement
                    not in
                    its individual capacity, but solely as the Cap Trustee on behalf
                    of the
                    Cap Trust.

                

        

        

        
          	
                  (w)

                	
                  Substantial
                    financial transactions.
                    Each party hereto is hereby advised and acknowledges as of the
                    date hereof
                    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 shall be deemed repeated
                    on the
                    trade date of each Transaction.

                

        

        

        
          	
                  (x)

                	
                  [Reserved].

                

        

        

        
          	
                  (y)

                	
                  [Reserved].

                

        

        

        (z)         
           Additional
          Definitions. 

         

        As
          used
          in this Agreement, the following terms shall have the meanings set forth
          below,
          unless the context clearly requires otherwise: 

         

        “Approved
          Ratings Threshold”
          means
          each of the S&P Approved Ratings Threshold, the Moody’s First Trigger
          Ratings Threshold, and the Fitch Approved Ratings Threshold.

        

        “Approved
          Replacement” means,
          with respect to a Market Quotation, an entity making such Market Quotation,
          which entity would satisfy conditions (a), (b), (c) and (d)of the definition
          of
          Permitted Transfer (as determined by Party B in its sole discretion, acting
          in a
          commercially reasonable manner) if such entity were a Transferee, as defined
          in
          the definition of Permitted Transfer.

        

        “Eligible
          Guarantee”
          means an
          unconditional and irrevocable guarantee of all present and future payment
          obligations and obligations to post collateral of Party A or an Eligible
          Replacement to Party B under this Agreement that is provided by an Eligible
          Guarantor as principal debtor rather than surety and that is directly
          enforceable by Party B, the form and substance of which guarantee are subject
          to
          the Rating Agency Condition with respect to S&P and Fitch.

        

        “Eligible
          Guarantor” means
          an
          entity that (A) has credit ratings from S&P at least equal to the S&P
          Approved Ratings Threshold and from Fitch at least equal to the Fitch Approved
          Ratings Threshold and (B) has credit ratings from Moody’s at least equal to the
          Moody’s Second Trigger Ratings Threshold, provided, for the avoidance of doubt,
          that an Eligible Guarantee of an Eligible Guarantor with credit ratings
          below
          the Moody’s First Trigger Ratings Threshold will not cause a Collateral Event
          (as defined in the Credit Support Annex) not to occur or continue with
          respect
          to Moody’s.  

        

        “Eligible
          Replacement”
          means an
          entity (A) (i) (a) that has credit ratings from S&P at least equal to the
          S&P Approved Ratings Threshold and from Fitch at least equal to the Fitch
          Approved Ratings Threshold, and (b) has credit ratings from Moody’s at least
          equal to the Moody’s Second Trigger Ratings Threshold, provided, for the
          avoidance of doubt, that an Eligible Replacement with credit ratings below
          the
          Moody’s First Trigger Ratings Threshold will not cause a Collateral Event (as
          defined in the Credit Support Annex) not to occur or continue with respect
          to
          Moody’s, or (ii) the present and future obligations (for the avoidance of doubt,
          not limited to payment obligations) of which entity to Party B under this
          Agreement are guaranteed pursuant to an Eligible Guarantee and (B) that
          has
          executed an Item 1115 Agreement with Depositor and Sponsor. 

        

        “Estimated
          Swap Termination Payment”
          means,
          with respect to an Early Termination Date, an amount determined by Party
          A in
          good faith and in a commercially reasonable manner as the maximum payment
          that
          could be owed by Party B to Party A in respect of such Early Termination
          Date
          pursuant to Section 6(e) of the ISDA Master Agreement, taking into account
          then
          current market conditions.

        

        “Firm
          Offer”
          means
          (A) with respect to an Eligible Replacement, a quotation from such Eligible
          Replacement (i) in an amount equal to the actual amount payable by or to
          Party B
          in consideration of an agreement between Party B and such Eligible Replacement
          to replace Party A as the counterparty to this Agreement by way of novation
          or,
          if such novation is not possible, an agreement between Party B and such
          Eligible
          Replacement to enter into a Replacement Transaction (assuming that all
          Transactions hereunder become Terminated Transactions), and (ii) that
          constitutes an offer by such Eligible Replacement to replace Party A as
          the
          counterparty to this Agreement or enter a Replacement Transaction that
          will
          become legally binding upon such Eligible Replacement upon acceptance by
          Party
          B, and (B) with respect to an Eligible Guarantor, an offer by such Eligible
          Guarantor to provide an Eligible Guarantee that will become legally binding
          upon
          such Eligible Guarantor upon acceptance by the offeree.

        

        “Fitch”
          means
          Fitch Ratings Ltd., or any successor thereto. 

        

        “Fitch
          Approved Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a long-term unsecured and unsubordinated debt rating
          from
          Fitch of “A” and a short-term unsecured and unsubordinated debt rating from
          Fitch of “F1”.

        

        “Fitch
          Required Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a long-term unsecured and unsubordinated debt rating
          from
          Fitch of “BBB-”.

        

        “Moody’s”
          means
          Moody’s Investors Service, Inc., or any successor thereto. 

        

        “Moody’s
          First Trigger Ratings Event”
          means
          that no Relevant Entity has credit ratings from Moody’s at least equal to the
          Moody’s First Trigger Ratings Threshold. 

        

        “Moody’s
          First Trigger Ratings Threshold” means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, (i) if such entity has a short-term unsecured and
          unsubordinated debt rating from Moody’s, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a
          short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1”,
          or (ii) if such entity does not have a short-term unsecured and unsubordinated
          debt rating or counterparty rating from Moody’s, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from Moody’s of
“A1”.

        

        “Moody’s
          Second Trigger Ratings Event”
          means
          that no Relevant Entity has credit ratings from Moody’s at least equal to the
          Moody’s Second Trigger Ratings Threshold. 

        

        “Moody’s
          Second Trigger Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, (i) if such entity has a short-term unsecured and
          unsubordinated debt rating from Moody’s, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a
          short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”,
          or (ii) if such entity does not have a short-term unsecured and unsubordinated
          debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating
          or counterparty rating from Moody’s of “A3”.

        

        “Permitted
          Transfer” means
          a
          transfer by novation by Party A pursuant to Section 6(b)(ii), Part 5(d),
          Part
          5(b)(v) Part 5(e), or the second sentence of Section 7 (as amended herein)
          to a
          transferee (the “Transferee”)
          of all,
          but not less than all, of Party A’s rights, liabilities, duties and obligations
          under this Agreement, with
          respect to which transfer each of the following conditions is
          satisfied:
          (a) the
          Transferee is an Eligible Replacement; (b) Party A and the Transferee are
          both
“dealers in notional principal contracts” within the meaning of Treasury
          regulations section 1.1001-4 (in each case as certified by such entity);
          (c) as
          of the date of such transfer the Transferee would not be required to withhold
          or
          deduct on account of Tax from any payments under this Agreement or would
          be
          required to gross up for such Tax under Section 2(d)(i)(4); (d) an Event
          of
          Default or Termination Event would not occur as a result of such transfer;
          (e)
          pursuant to a written instrument (the “Transfer
          Agreement”),
          the
          Transferee acquires and assumes all rights and obligations of Party A under
          the
          Agreement and the relevant Transaction; (f) Party B shall have determined,
          in
          its sole discretion, acting in a commercially reasonable manner, that such
          Transfer Agreement is effective to transfer to the Transferee all, but
          not less
          than all, of Party A’s rights and obligations under the Agreement and all
          relevant Transactions; (g) Party A will be responsible for any costs or
          expenses
          incurred in connection with such transfer (including any replacement cost
          of
          entering into a replacement transaction); (h) either (A) Moody’s has been given
          prior written notice of such transfer and the Rating Agency Condition is
          satisfied with respect to S&P and Fitch or (B) each Swap Rating Agency has
          been given prior written notice of such transfer and such transfer is in
          connection with the assignment and assumption of this Agreement without
          modification of its terms, other than party names, dates relevant to the
          effective date of such transfer, tax representations (provided that the
          representations in Part 2(a)(i) are not modified) and any other representations
          regarding the status of the substitute counterparty of the type included
          in Part
          5(b)(iv), Part 5(v)(i)(2) or Part 5(v)(ii), notice information and account
          details; and (i) such transfer otherwise complies with the terms of the
          Pooling
          and Servicing Agreement.

         

        “Rating
          Agency Condition”
          means,
          with respect to any particular proposed act or omission to act hereunder
          and
          each Swap Rating Agency specified in connection with such proposed act
          or
          omission, that the party acting or failing to act must consult with each
          of the
          specified Swap Rating Agencies and receive from each such Swap 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
          or
          Notes.

        

        “Relevant
          Entity” means
          Party A and, to the extent applicable, a guarantor under an Eligible
          Guarantee.

        

        “Replacement
          Transaction”
          means,
          with respect to any Terminated Transaction or group of Terminated Transactions,
          a transaction or group of transactions that (i) would have the effect of
          preserving for Party B the economic equivalent of any payment or delivery
          (whether the underlying obligation was absolute or contingent and assuming
          the
          satisfaction of each applicable condition precedent) by the parties under
          Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated
          Transactions that would, but for the occurrence of the relevant Early
          Termination Date, have been required after that Date, and (ii) has terms
          which
          are substantially the same as this Agreement, including, without limitation,
          rating triggers, Regulation AB compliance, and credit support documentation,
          save for the exclusion of provisions relating to Transactions that are
          not
          Terminated Transaction, as determined by Party B in its sole discretion,
          acting
          in a commercially reasonable manner.

        

        “Required
          Ratings Downgrade Event”
          means
          that no Relevant Entity has credit ratings at least equal to the Required
          Ratings Threshold. For purposes of determining whether a Required Ratings
          Downgrade Event has occurred, each Relevant Entity shall provide its credit
          ratings to Party B in writing, upon request of Party B.

        

        “Required
          Ratings Threshold” means
          each of the S&P Required Ratings Threshold, the Moody’s Second Trigger
          Ratings Threshold and the Fitch Required Ratings Threshold.

        

        “S&P/Fitch”
          means
          Standard & Poor's Rating Services, a division of The McGraw-Hill Companies,
          Inc., or any successor thereto and the Fitch Approved Ratings Threshold.
          

        

        “S&P
          Approved Ratings Downgrade Event”
          means
          that no Relevant Entity has credit ratings at least equal to the S&P
          Approved Ratings Threshold.

        

        “S&P
          Approved Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a short-term unsecured and unsubordinated debt rating
          from
          S&P of “A-1”, or, if such entity does not have a short-term unsecured and
          unsubordinated debt rating from S&P, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from S&P of
“A+”.

        

        “S&P/Fitch
          Required Ratings Downgrade Event”
          means
          that no Relevant Entity has credit ratings at least equal to the S&P
          Required Ratings Threshold and the Fitch Approved Ratings
          Threshold.

        

        “S&P
          Required Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a long-term unsecured and unsubordinated debt rating
          or
          counterparty rating from S&P of “BBB-”.

        

        “Swap
          Rating Agencies”
          means,
          with respect to any date of determination, each of S&P, Moody’s and Fitch,
          to the extent that each such rating agency is then providing a rating for
          any of
          the Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series
          2007-1
          (the “Certificates”) or any notes backed by the Certificates (the
“Notes”).

        

         

        [Remainder
          of this page intentionally left blank.]

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        4.           
           Account
          Details and Settlement Information:  

         

        

          
            	
                    Payments
                      to Party A:

                  
	 
	
                    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 Party B:

                  
	 
	
                    Wells
                      Fargo Bank, NA

                  
	
                    San
                      Francisco, CA

                  
	
                    ABA#
                      121-000-248

                  
	
                    Acct#
                      3970771416

                  
	
                    Acct
                      Name: SAS Clearing

                  
	
                    FFC:
                      50992401

                  

          

        

        

        

        NEITHER
          THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE
          BEAR
          STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT
          PROVIDER ON THIS AGREEMENT.

        

        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.

        

        Party
          B
          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 Party A a facsimile of the fully-executed
          Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions,
          please
          contact Derivatives Documentation by telephone at 212-272-2711. 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.

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        SCHEDULE
          I

        (where
          for the purposes of (i) determining Floating Amounts, all such dates subject
          to
          adjustment in 

        accordance
          with the Business Day Convention and (ii) determining Fixed Amounts, all
          such
          dates subject to 

        No
          Adjustment.)

        

        
          	
                  From
                    and including

                	 	
                  To
                    but excluding

                	 	
                  Notional
                    Amount

                  (USD)

                
	 	 	 	 	 
	
                  Effective
                    Date

                	 	
                  12/25/07

                	 	
                  765.95

                
	
                  12/25/07

                	 	
                  01/25/08

                	 	
                  723.72

                
	
                  01/25/08

                	 	
                  02/25/08

                	 	
                  1,213.58

                
	
                  02/25/08

                	 	
                  03/25/08

                	 	
                  2,559.29

                
	
                  03/25/08

                	 	
                  04/25/08

                	 	
                  2,319.58

                
	
                  04/25/08

                	 	
                  05/25/08

                	 	
                  2,817.52

                
	
                  05/25/08

                	 	
                  06/25/08

                	 	
                  2,568.97

                
	
                  06/25/08

                	 	
                  07/25/08

                	 	
                  3,850.16

                
	
                  07/25/08

                	 	
                  08/25/08

                	 	
                  6,350.85

                
	
                  08/25/08

                	 	
                  09/25/08

                	 	
                  5,808.04

                
	
                  09/25/08

                	 	
                  10/25/08

                	 	
                  7,442.23

                
	
                  10/25/08

                	 	
                  11/25/08

                	 	
                  7,445.26

                
	
                  11/25/08

                	 	
                  12/25/08

                	 	
                  10,429.37

                
	
                  12/25/08

                	 	
                  01/25/09

                	 	
                  179,827.84

                
	
                  01/25/09

                	 	
                  02/25/09

                	 	
                  323,235.53

                
	
                  02/25/09

                	 	
                  03/25/09

                	 	
                  289,799.11

                
	
                  03/25/09

                	 	
                  04/25/09

                	 	
                  260,636.92

                
	
                  04/25/09

                	 	
                  05/25/09

                	 	
                  271,102.82

                
	
                  05/25/09

                	 	
                  06/25/09

                	 	
                  291,329.69

                
	
                  06/25/09

                	 	
                  07/25/09

                	 	
                  287,883.73

                
	
                  07/25/09

                	 	
                  08/25/09

                	 	
                  275,546.40

                
	
                  08/25/09

                	 	
                  09/25/09

                	 	
                  262,571.55

                
	
                  09/25/09

                	 	
                  10/25/09

                	 	
                  250,376.49

                
	
                  10/25/09

                	 	
                  11/25/09

                	 	
                  238,628.32

                
	
                  11/25/09

                	 	
                  12/25/09

                	 	
                  227,694.66

                
	
                  12/25/09

                	 	
                  01/25/10

                	 	
                  229,689.08

                
	
                  01/25/10

                	 	
                  02/25/10

                	 	
                  231,318.90

                
	
                  02/25/10

                	 	
                  03/25/10

                	 	
                  220,881.24

                
	
                  03/25/10

                	 	
                  04/25/10

                	 	
                  210,479.52

                
	
                  04/25/10

                	 	
                  05/25/10

                	 	
                  200,567.14

                
	
                  05/25/10

                	 	
                  06/25/10

                	 	
                  191,121.11

                
	
                  06/25/10

                	 	
                  07/25/10

                	 	
                  182,119.49

                
	
                  07/25/10

                	 	
                  08/25/10

                	 	
                  173,541.39

                
	
                  08/25/10

                	 	
                  09/25/10

                	 	
                  165,366.91

                
	
                  09/25/10

                	 	
                  10/25/10

                	 	
                  157,577.08

                
	
                  10/25/10

                	 	
                  11/25/10

                	 	
                  150,153.80

                
	
                  11/25/10

                	 	
                  12/25/10

                	 	
                  143,079.85

                
	
                  12/25/10

                	 	
                  01/25/11

                	 	
                  136,402.94

                
	
                  01/25/11

                	 	
                  02/25/11

                	 	
                  130,010.46

                
	
                  02/25/11

                	 	
                  03/25/11

                	 	
                  123,990.39

                
	
                  03/25/11

                	 	
                  04/25/11

                	 	
                  118,204.72

                
	
                  04/25/11

                	 	
                  05/25/11

                	 	
                  115,954.28

                
	
                  05/25/11

                	 	
                  06/25/11

                	 	
                  116,415.06

                
	
                  06/25/11

                	 	
                  07/25/11

                	 	
                  112,031.65

                
	
                  07/25/11

                	 	
                  08/25/11

                	 	
                  106,793.97

                
	
                  08/25/11

                	 	
                  09/25/11

                	 	
                  101,739.97

                
	
                  09/25/11

                	 	
                  10/25/11

                	 	
                  96,924.73

                
	
                  10/25/11

                	 	
                  11/25/11

                	 	
                  92,336.94

                
	
                  11/25/11

                	 	
                  12/25/11

                	 	
                  87,965.92

                
	
                  12/25/11

                	 	
                  01/25/12

                	 	
                  86,641.30

                
	
                  01/25/12

                	 	
                  Termination
                    Date

                	 	
                  84,683.02

                

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        Annex
          A

        

        Paragraph
          13 of the Credit Support Annex

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

      

        ANNEX
          A

        

        

        ISDA®

        CREDIT
          SUPPORT ANNEX

        to
          the
          Schedule to the

        ISDA
          Master Agreement

        dated
          as
          of February 28, 2007 between

        Bear
          Stearns Financial Products Inc. (hereinafter referred to as “Party
          A”
          or
“Pledgor”)

        and

        Wells
          Fargo Bank, N.A., not in its individual capacity, but solely as Cap Trustee
          on
          behalf of the Cap Trust with 

        respect
          to the Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series
          2007-1 (hereinafter referred to 

        as
          “Party
          B”
          or
“Secured
          Party”)

        

        For
          the
          avoidance of doubt, and notwithstanding anything to the contrary that may
          be
          contained in the Agreement, this Credit Support Annex shall relate solely
          to the
          Transaction documented in the Confirmation dated February 28, 2007, between
          Party A and Party B, Reference Number FXNEC9258.

        

        Paragraph
          13. Elections and Variables.

         

        
          	(a)  	
                  Security
                    Interest for “Obligations”.
                    The term “Obligations”
                    as
                    used in this Annex includes the following additional
                    obligations:

                

        

         

        With
          respect to Party A: not applicable.

         

        With
          respect to Party B: not applicable.

         

        
          	(b)  	
                  Credit
                    Support Obligations.

                

        

         

        
          	(i)  	
                  Delivery
                    Amount, Return Amount and Credit Support
                    Amount.

                

        

         

        
          	(A)  	
                  “Delivery
                    Amount”
                    has the meaning specified in Paragraph 3(a) as amended (I) by
                    deleting the
                    words “upon a demand made by the Secured Party on or promptly following
                    a
                    Valuation Date” and inserting in lieu thereof the words “not later than
                    the close of business on each Valuation Date” and (II) by deleting in its
                    entirety the sentence beginning “Unless otherwise specified in Paragraph
                    13” and ending “(ii) the Value as of that Valuation Date of all Posted
                    Credit Support held by the Secured Party.” and inserting in lieu thereof
                    the following:

                

        

         

        The
          “Delivery
          Amount”
          applicable to the Pledgor for any Valuation Date will equal the greatest
          of

         

        
          	 	
                  (1)
                    

                	
                  the
                    amount by which (a) the S&P/Fitch Credit Support Amount for such
                    Valuation Date exceeds (b) the S&P/Fitch Value as of such Valuation
                    Date of all Posted Credit Support held by the Secured Party,
                    

                

        

         

        
          	 	
                  (2)
                    

                	
                  the
                    amount by which (a) the Moody’s First Trigger Credit Support Amount for
                    such Valuation Date exceeds (b) the Moody’s First Trigger Value as of such
                    Valuation Date of all Posted Credit Support held by the Secured
                    Party,
                    and

                

        

         

        
          	 	
                  (3)
                    

                	
                  the
                    amount by which (a) the Moody’s Second Trigger Credit Support Amount for
                    such Valuation Date exceeds (b) the Moody’s Second Trigger Value as of
                    such Valuation Date of all Posted Credit Support held by the
                    Secured
                    Party.

                

        

         

        
          	(B)  	
                  “Return
                    Amount”
                    has the meaning specified in Paragraph 3(b) as amended by deleting
                    in its
                    entirety the sentence beginning “Unless otherwise specified in Paragraph
                    13” and ending “(ii) the Credit Support Amount.” and inserting in lieu
                    thereof the following:

                

        

         

        The
          “Return
          Amount”
          applicable to the Secured Party for any Valuation Date will equal the least
          of

         

        
          	 	
                  (1)
                    

                	
                  the
                    amount by which (a) the S&P/Fitch Value as of such Valuation Date of
                    all Posted Credit Support held by the Secured Party exceeds (b)
                    the
                    S&P/Fitch Credit Support Amount for such Valuation Date,
                    

                

        

         

        
          	 	
                  (2)
                    

                	
                  the
                    amount by which (a) the Moody’s First Trigger Value as of such Valuation
                    Date of all Posted Credit Support held by the Secured Party exceeds
                    (b)
                    the Moody’s First Trigger Credit Support Amount for such Valuation Date,
                    and

                

        

         

        
          	 	
                  (3)
                    

                	
                  the
                    amount by which (a) the Moody’s Second Trigger Value as of such Valuation
                    Date of all Posted Credit Support held by the Secured Party exceeds
                    (b)
                    the Moody’s Second Trigger Credit Support Amount for such Valuation
                    Date.

                

        

         

        
          	(C)  	
                  “Credit
                    Support Amount”
                    shall not apply. For purposes of calculating any Delivery Amount
                    or Return
                    Amount for any Valuation Date, reference shall be made to the
                    S&P/Fitch Credit Support Amount, the Moody’s First Trigger Credit
                    Support Amount, or the Moody’s Second Trigger Credit Support Amount, in
                    each case for such Valuation Date, as provided in Paragraphs
                    13(b)(i)(A)
                    and 13(b)(i)(B), above.

                

        

         

        
          	(ii)  	
                  Eligible
                    Collateral.
                    

                

        

         

        The
          items
          set forth on the schedule of Eligible Collateral attached as Schedule A
          hereto
          will qualify as “Eligible
          Collateral”
(for
          the avoidance of doubt, all Eligible Collateral described in (D) and (E)
          of
          column one of the Collateral Schedule to be denominated in USD).

         

        
          	(iii)  	
                  Other
                    Eligible Support. 

                

        

         

        The
          following items will qualify as “Other
          Eligible Support”
          for the
          party specified: 

         

        Not
          applicable.

         

        
          	(iv)  	
                  Threshold.

                

        

         

        
          	(A)  	
                  “Independent
                    Amount”
                    means zero with respect to Party A and Party
                    B.

                

        

         

        
          	(B)  	
                  “Threshold”
                    means, with respect to Party A and any Valuation Date, zero if
                    (i) a
                    Collateral Event has occurred and has been continuing (x) for
                    at least 30
                    days or (y) since this Annex was executed or (ii) a Required
                    Ratings
                    Downgrade Event has occurred and is continuing; otherwise,
                    infinity.

                

        

         

          “Threshold”
          means,
          with respect to Party B and any Valuation Date, infinity.

         

        
          	(C)  	
                  “Minimum
                    Transfer Amount” means
                    USD 100,000 with respect to Party A and Party B; provided, however,
                    that
                    if the aggregate Certificate Principal Balance of the Certificates
                    and the
                    aggregate principal balance of the Notes rated by S&P is at the time
                    of any transfer less than USD 50,000,000, the “Minimum
                    Transfer Amount”
                    shall be USD 50,000.

                

        

         

        
          	(D)  	
                  Rounding:
                    The Delivery Amount will be rounded up to the nearest integral
                    multiple of
                    USD 10,000. The Return Amount will be rounded down to the nearest
                    integral
                    multiple of USD 10,000.

                

        

         

        
          	(c)  	
                  Valuation
                    and Timing.

                

        

         

        
          	(i)  	
                  “Valuation
                    Agent”
                    means Party A.

                

        

         

        
          	(ii)  	
                  “Valuation
                    Date” means
                    each Local Business Day on which any of the S&P/Fitch Credit Support
                    Amount, the Moody’s First Trigger Credit Support Amount or the Moody’s
                    Second Trigger Credit Support Amount is greater than
                    zero.

                

        

         

        
          	(iii)  	
                  “Valuation
                    Time” means
                    the close of business in the city of the Valuation Agent on the
                    Local
                    Business Day immediately preceding the Valuation Date or date
                    of
                    calculation, as applicable; provided
                    that the calculations of Value and Exposure will be made as of
                    approximately the same time on the same date. The Valuation Agent
                    will
                    notify each party (or the other party, if the Valuation Agent
                    is a party)
                    of its calculations not later than the Notification Time on the
                    applicable
                    Valuation Date (or in the case of Paragraph 6(d), the Local Business
                    Day
                    following the day on which such relevant calculations are
                    performed).”

                

        

         

        
          	(iv)  	
                  “Notification
                    Time” means
                    11:00 a.m., New York time, on a Local Business Day.
                    

                

        

         

        
          	(v)  	
                  External
                    Calculations.
                    At
                    any time at which Party A (or, to the extent applicable, its
                    Credit
                    Support Provider) does not have a long-term unsubordinated and
                    unsecured
                    debt rating of at least “BBB+” from S&P, the Valuation Agent shall (at
                    its own expense) obtain external calculations of Party B’s Exposure from
                    at least two Reference Market-makers on the last Local Business
                    Day of
                    each calendar month. Any determination of the S&P Credit Support
                    Amount shall be based on the greatest of Party B’s Exposure determined by
                    the Valuation Agent and such Reference Market-makers. Such external
                    calculation may not be obtained from the same Reference Market-maker
                    more
                    than four times in any 12-month
                    period.

                

        

         

        
          	(vi)  	
                  Notice
                    to S&P.
                    At
                    any time at which Party A (or, to the extent applicable, its
                    Credit
                    Support Provider) does not have a long-term unsubordinated and
                    unsecured
                    debt rating of at least “BBB+” from S&P, the Valuation Agent shall
                    provide to S&P not later than the Notification Time on the Local
                    Business Day following each Valuation Date its calculations of
                    Party B’s
                    Exposure and the S&P Value of any Eligible Credit Support or Posted
                    Credit Support for that Valuation Date. The Valuation Agent shall
                    also
                    provide to S&P any external marks of Party B’s
                    Exposure.

                

        

         

        
          	(d)  	
                  Conditions
                    Precedent and Secured Party’s Rights and
                    Remedies.
                    The following Termination Events will be a “Specified
                    Condition”
                    for the party specified (that party being the Affected Party
                    if the
                    Termination Event occurs with respect to that party): With respect
                    to
                    Party A and Party B: None. 

                

        

         

        
          	(e)  	
                  Substitution.

                

        

         

        
          	(i)  	
                  “Substitution
                    Date”
                    has the meaning specified in Paragraph
                    4(d)(ii).

                

        

         

        
          	(ii)  	
                  Consent.
                    If
                    specified here as applicable, then the Pledgor must obtain the
                    Secured
                    Party’s consent for any substitution pursuant to Paragraph 4(d):
                    Inapplicable.

                

        

         

        
          	(f)  	
                  Dispute
                    Resolution.

                

        

         

        
          	(i)  	
                  “Resolution
                    Time”
                    means 1:00 p.m. New York time on the Local Business Day following
                    the date
                    on which the notice of the dispute is given under Paragraph
                    5.

                

        

         

        
          	(ii)  	
                  Value.
                    Notwithstanding anything to the contrary in Paragraph 12, for
                    the purpose
                    of Paragraphs 5(i)(C) and 5(ii), the S&P/Fitch Value, Moody’s First
                    Trigger Value, and Moody’s Second Trigger Value, on any date, of Eligible
                    Collateral other than Cash will be calculated as follows:
                    

                

        

         

        For
          Eligible Collateral in the form of securities listed in Paragraph 13(b)(ii):
          the
          product of (1)(x) the bid-side quotation at the Valuation Time for such
          securities on the principal national securities exchange on which such
          securities are listed, or (y) if such securities are not listed on a national
          securities exchange, the arithmetic mean of the bid-side quotations for
          such
          securities quoted at the Valuation Time by any three principal market makers
          for
          such securities selected by the Valuation Agent, provided that if only
          two
          bid-side quotations are obtained, then the arithmetic mean of such two
          bid-side
          quotations will be used, and if only one bid-side quotation is obtained,
          such
          quotation shall be used, or (z) if no such bid price is listed or quoted
          for
          such date, the bid price listed or quoted (as the case may be) at the Valuation
          Time for the day next preceding such date on which such prices were available
          and (2) the applicable Valuation Percentage for such Eligible
          Collateral.

         

        
          	(iii)  	
                  Alternative.
                    The provisions of Paragraph 5 will
                    apply.

                

        

         

        
          	(g)  	
                  Holding
                    and Using Posted
                    Collateral.

                

        

         

        
          	(i)  	
                  Eligibility
                    to Hold Posted Collateral; Custodians. Party
                    B (or its Custodian) will be entitled to hold Posted Collateral
                    pursuant
                    to Paragraph 6(b), provided that the following conditions applicable
                    to it
                    are satisfied:

                

        

         

        
          	 	
                  (1)

                	
                  it
                    is not a Defaulting Party.

                

        

         

        
          	 	
                  (2)

                	
                  Posted
                    Collateral consisting of Cash or certificated securities that
                    cannot be
                    paid or delivered by book-entry may be held only in any state
                    of the
                    United States which has adopted the Uniform Commercial
                    Code.

                

        

         

        
          	 	
                  (3)

                	
                  in
                    the case of any Custodian for Party B, such Custodian (or, to
                    the extent
                    applicable, its parent company or credit support provider) shall
                    then have
                    a short-term unsecured and unsubordinated debt rating from S&P of at
                    least “A-1”.

                

        

         

        Initially,
          the Custodian
          for
          Party B is: Trust
          Administrator

         

        
          	(ii)  	
                  Use
                    of Posted Collateral.
                    The provisions of Paragraph 6(c) will not apply to Party B, and
                    Party B
                    shall not have any right to use Posted Collateral or take any
                    action
                    specified in such Paragraph 6(c).

                

        

         

        
          	(h)  	
                  Distributions
                    and Interest Amount.

                

        

         

        
          	(i)  	
                  Interest
                    Rate.
                    The “Interest
                    Rate”
                    will be the actual interest rate earned on Posted Collateral
                    in the form
                    of Cash that is held by Party B or its Custodian. Posted Collateral
                    in the
                    form of Cash shall be invested in such overnight (or redeemable
                    within two
                    Local Business Days of demand) Permitted Investments rated at
                    least (x)
                    AAAm or AAAm-G by S&P and (y) Prime-1 by Moody’s or Aaa by Moody’s, as
                    directed by Party A. Gains and losses incurred in respect of
                    any
                    investment of Posted Collateral in the form of Cash in Permitted
                    Investments
                    as
                    directed by Party A shall be for the account of Party
                    A.

                

        

         

        
          	(ii)  	
                  Amendment
                    of Paragraph 6(d)(i) - Distributions.
                    Clause (d)(i) of Paragraph 6 shall be amended and restated to
                    read in its
                    entirety as follows:

                

        

         

        “(i)
          Distributions. If Party B receives Distributions on a Local Business Day,
          it
          will not Transfer such Distributions to Party A but, rather, such Distributions
          will constitute Posted Collateral and will be subject to the security interest
          granted under Paragraph 2.” 

         

        
          	(iii)  	
                  Amendment
                    of Paragraph 6(d)(ii) - Interest Amount.
                    Clause (d)(ii) of Paragraph 6 shall be amended and restated to
                    read in its
                    entirety as follows:

                

        

         

        “(ii)
          Interest
          Amount.
          In lieu
          of any interest, dividends or other amounts paid with respect to Posted
          Collateral in the form of Cash (all of which may be retained by the Secured
          Party), the Secured Party will Transfer to the Pledgor on the 20th day
          of each
          calendar month (or if such day is not a Local Business Day, the next Local
          Business Day) the Interest Amount. Any Interest Amount or portion thereof
          not
          Transferred pursuant to this Paragraph will constitute Posted Collateral
          in the
          form of Cash and will be subject to the security interest granted under
          Paragraph 2. For purposes of calculating the Interest Amount the amount
          of
          interest calculated for each day of the interest period shall be compounded
          monthly.” Secured Party shall not be obligated to transfer any Interest Amount
          unless and until it has received such amount.

         

        

         

        
          	(i)  	
                  Additional
                    Representation(s).
                    There are no additional representations by either
                    party.

                

        

         

        
          	(j)  	
                  Other
                    Eligible Support and Other Posted Support.

                

        

         

        
          	(i)  	
                  “Value”
                    with respect to Other Eligible Support and Other Posted Support
                    means: not
                    applicable. 

                

        

         

        
          	(ii)  	
                  “Transfer”
                    with respect to Other Eligible Support and Other Posted Support
                    means: not
                    applicable.

                

        

         

        
          	(k)  	
                  Demands
                    and Notices.All
                    demands, specifications and notices under this Annex will be made pursuant
                    to the Notices Section of this Agreement, except that any demand,
                    specification or notice shall be given to or made at the following
                    addresses, or at such other address as the relevant party may
                    from time to
                    time designate by giving notice (in accordance with the terms
                    of this
                    paragraph) to the other party:

                

        

         

        If
          to
          Party A, at the address specified pursuant to the Notices Section of this
          Agreement.

         

        If
          to
          Party B, at the address specified pursuant to the Notices Section of this
          Agreement.

         

        If
          to
          Party B’s Custodian: at the address designated in writing from time to
          time.

         

        
          	(l)  	
                  Address
                    for Transfers.
                    Each Transfer hereunder shall be made to the address specified
                    below or to
                    an address specified in writing from time to time by the party
                    to which
                    such Transfer will be made.

                

        

         

        Party
          A
          account details for holding collateral:

         

        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

        

        Party
          B’s
          Custodian account details for holding collateral:

         

        Wells
          Fargo Bank, NA

        San
          Francisco, CA

        ABA#
          121-000-248

        Acct#
          3970771416

        Acct
          Name: SAS Clearing

        FFC:
          50992406

        

        
          	(m)  	
                  Other
                    Provisions.

                

        

         

        
          	(i)  	
                  Collateral
                    Account.
                    Party B shall open and maintain a segregated account, which shall
                    be an
                    Eligible Account, and hold, record and identify all Posted Collateral
                    in
                    such segregated account.

                

        

         

        
          	(ii)  	
                  Agreement
                    as to Single Secured Party and Single Pledgor.
                    Party A and Party B hereby agree that, notwithstanding anything
                    to the
                    contrary in this Annex, (a) the term “Secured Party” as used in this Annex
                    means only Party B, (b) the term “Pledgor” as used in this Annex means
                    only Party A, (c) only Party A makes the pledge and grant in
                    Paragraph 2,
                    the acknowledgement in the final sentence of Paragraph 8(a) and
                    the
                    representations in Paragraph 9.

                

        

         

        
          	(iii)  	
                  Calculation
                    of Value.
                    Paragraph 4(c) is hereby amended by deleting the word “Value” and
                    inserting in lieu thereof “S&P/Fitch Value, Moody’s First Trigger
                    Value, Moody’s Second Trigger Value”. Paragraph 4(d)(ii) is hereby amended
                    by (A) deleting the words “a Value” and inserting in lieu thereof “an
                    S&P/Fitch Value, Moody’s First Trigger Value, and Moody’s Second
                    Trigger Value” and (B) deleting the words “the Value” and inserting in
                    lieu thereof “S&P/Fitch Value, Moody’s First Trigger Value, and
                    Moody’s Second Trigger Value”. Paragraph 5 (flush language) is hereby
                    amended by deleting the word “Value” and inserting in lieu thereof
                    “S&P/Fitch Value, Moody’s First Trigger Value, or Moody’s Second
                    Trigger Value”. Paragraph 5(i) (flush language) is hereby amended by
                    deleting the word “Value” and inserting in lieu thereof “S&P/Fitch
                    Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”.
                    Paragraph 5(i)(C) is hereby amended by deleting the word “the Value, if”
                    and inserting in lieu thereof “any one or more of the S&P/Fitch Value,
                    Moody’s First Trigger Value, or Moody’s Second Trigger Value, as may be”.
                    Paragraph 5(ii) is hereby amended by (1) deleting the first instance
                    of
                    the words “the Value” and inserting in lieu thereof “any one or more of
                    the S&P/Fitch Value, Moody’s First Trigger Value, or Moody’s Second
                    Trigger Value” and (2) deleting the second instance of the words “the
                    Value” and inserting in lieu thereof “such disputed S&P/Fitch Value,
                    Moody’s First Trigger Value, or Moody’s Second Trigger Value”. Each of
                    Paragraph 8(b)(iv)(B) and Paragraph 11(a) is hereby amended by
                    deleting
                    the word “Value” and inserting in lieu thereof “least of the S&P/Fitch
                    Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”.
                    

                

        

         

        
          	(iv)  	
                  Form
                    of Annex. Party
                    A and Party B hereby agree that the text of Paragraphs 1 through
                    12,
                    inclusive, of this Annex is intended to be the printed form of
                    ISDA Credit
                    Support Annex (Bilateral Form - ISDA Agreements Subject to New
                    York Law
                    Only version) as
                    published and copyrighted in 1994 by the International Swaps
                    and
                    Derivatives Association, Inc.

                

        

         

        
          	(v)  	
                  Events
                    of Default.
                    Clause (iii) of Paragraph 7 shall not apply to Party
                    B.

                

        

         

        
          	(vi)  	
                  Expenses.
                    Notwithstanding anything to the contrary in Paragraph 10, the
                    Pledgor will
                    be responsible for, and will reimburse the Secured Party for,
                    all transfer
                    and other taxes and other costs involved in any Transfer of Eligible
                    Collateral.

                

        

         

        
          	(vii)  	
                  Withholding.
                    Paragraph 6(d)(ii) is hereby amended by inserting immediately
                    after “the
                    Interest Amount” in the fourth line thereof the words “less any applicable
                    withholding taxes.”

                

        

         

        (ix)
           Additional
          Definitions.
          As used
          in this Annex:

         

        “Collateral
          Event” means
          that no Relevant Entity has credit ratings at least equal to the Approved
          Ratings Threshold.

         

        “DV01”
          means,
          with respect to a Transaction and any date of determination, the estimated
          change in the Secured Party’s Transaction Exposure with respect to such
          Transaction that would result from a one basis point change in the relevant
          swap
          curve on such date, as determined by the Valuation Agent in good faith
          and in a
          commercially reasonable manner. The Valuation Agent shall, upon request
          of Party
          B, provide to Party B a statement showing in reasonable detail such
          calculation.

         

        “Exposure”
          has the
          meaning specified in Paragraph 12, except that after the word “Agreement” the
          words “(assuming, for this purpose only, that Part 1(f) of the Schedule is
          deleted)” shall be inserted. 

         

        “Local
          Business Day”
means,
          for purposes of this Annex: any day on which (A) commercial banks are open
          for
          business (including dealings in foreign exchange and foreign currency deposits)
          in New York and the location of Party A, Party B and any Custodian, and
          (B) in
          relation to a Transfer of Eligible Collateral, any day on which the clearance
          system agreed between the parties for the delivery of Eligible Collateral
          is
          open for acceptance and execution of settlement instructions (or in the
          case of
          a Transfer of Cash or other Eligible Collateral for which delivery is
          contemplated by other means a day on which commercial banks are open for
          business (including dealings in foreign exchange and foreign deposits)
          in New
          York and the location of Party A, Party B and any Custodian. 

         

        “Moody’s
          First Trigger Credit Support Amount” means,
          for any Valuation Date, the excess, if any, of

         

        
          	 	
                  (I)

                	
                  (A)

                	
                  for
                    any Valuation Date on which (I) a Moody’s First Trigger Ratings Event has
                    occurred and has been continuing (x) for at least 30 Local Business
                    Days
                    or (y) since this Annex was executed and (II) it is not the case
                    that a
                    Moody’s Second Trigger Ratings Event has occurred and been continuing
                    for
                    at least 30 Local Business Days, an amount equal to the greater
                    of (a)
                    zero and (b) the sum of (i) the Secured Party’s Exposure for such
                    Valuation Date and (ii) the sum, for each Transaction to which
                    this Annex
                    relates, of the lesser of (x) the product of the Moody’s First Trigger
                    DV01 Multiplier and DV01 for such Transaction and such Valuation
                    Date and
                    (y) the product of (i) Moody’s
                    First Trigger Notional Amount Multiplier, (ii) Scale Factor (as
                    defined in
                    the related confirmation) for such Transaction, and (iii)
                    the Notional Amount for such Transaction for the Calculation
                    Period for
                    such Transaction (each as defined in the related Confirmation)
                    which
                    includes such Valuation Date, or

                

        

         

        
          	 	
                  (B)

                	
                  for
                    any other Valuation Date, zero,
                    over

                

        

         

        (II)         
           the
          Threshold for Party A such Valuation Date.

         

        “Moody’s
          First Trigger DV01 Multiplier”
          means
          15.

         

        “Moody’s
          First Trigger Value”
          means,
          on any date and with respect to any Eligible Collateral other than Cash,
          the bid
          price obtained by the Valuation Agent multiplied by the Moody’s First Trigger
          Valuation Percentage for such Eligible Collateral set forth in Paragraph
          13(b)(ii).

         

        “Moody’s
          First Trigger Notional Amount Multiplier”
          means
          2%.

         

        “Moody’s
          Second Trigger Credit Support Amount”
          means,
          for any Valuation Date, the excess, if any, of

         

        
          	 	
                  (I)

                	
                  (A)

                	
                  for
                    any Valuation Date on which it is the case that a Moody’s Second Trigger
                    Ratings Event has occurred and been continuing for at least 30
                    Local
                    Business Days, an amount equal to the greatest of (a) zero, (b)
                    the
                    aggregate amount of the next payment due to be paid by Party
                    A under each
                    Transaction to which this Annex relates, and (c) the sum of (x)
                    the
                    Secured Party’s Exposure for such Valuation Date and (y) the sum, for each
                    Transaction to which this Annex relates,
                    of:

                

        

         

        
          	(1)  	
                  if
                    such Transaction is not a Transaction-Specific Hedge, the lesser
                    of (i)
                    the product of the Moody’s Second Trigger DV01 Multiplier and DV01 for
                    such Transaction and such Valuation Date and (ii) the product
                    of (1) the
                    Moody’s Second Trigger Notional Amount Multiplier, (2) Scale Factor
                    (as
                    defined in the related confirmation) for such Transaction, and
                    (3) the
                    Notional Amount for such Transaction for the Calculation Period
                    for such
                    Transaction (each as defined in the related Confirmation) which
                    includes
                    such Valuation Date];
                    or

                

        

         

        
          	(2)  	
                  if
                    such Transaction is a Transaction-Specific Hedge, the lesser
                    of (i) the
                    product of the Moody’s Second Trigger Transaction-Specific Hedge DV01
                    Multiplier and DV01 for such Transaction and such Valuation Date
                    and (ii)
                    the product of (1) the Moody’s Second Trigger Transaction-Specific Hedge
                    Notional Amount Multiplier, (2) Scale Factor (as defined in the
                    related
                    confirmation) for such Transaction and (3) the Notional Amount
                    for such
                    Transaction for the Calculation Period for such Transaction (each
                    as
                    defined in the related Confirmation) which includes such Valuation
                    Date;
                    or

                

        

         

        
          	 	
                  (B)

                	
                  for
                    any other Valuation Date, zero,
                    over

                

        

         

        (II) the
          Threshold for Party A for such Valuation Date.

         

        “Moody’s
          Second Trigger DV01 Multiplier”
          means
          50.

         

        “Moody’s
          Second Trigger Notional Amount Multiplier”
          means
          8%.

         

        “Moody’s
          Second Trigger Transaction-Specific Hedge DV01
          Multiplier”
          means
          65.

         

        “Moody’s
          Second Trigger Transaction-Specific Hedge Notional Amount
          Multiplier”
          means
          10%.

         

        “Moody’s
          Second Trigger Value”
          means,
          on any date and with respect to any Eligible Collateral other than Cash,
          the bid
          price obtained by the Valuation Agent multiplied by the Moody’s Second Trigger
          Valuation Percentage for such Eligible Collateral set forth in Paragraph
          13(b)(ii).

         

        “Remaining
          Weighted Average Maturity” means,
          with respect to a Transaction, the expected weighted average maturity for
          such
          Transaction as determined by the Valuation Agent. 

         

        “S&P/Fitch
          Credit Support Amount”
          means,
          for any Valuation Date, the excess, if any, of

         

        
          	 	
                  (I)

                	
                  (A)
                    

                	
                  for
                    any Valuation Date on which (i) an S&P/Fitch Approved Ratings
                    Downgrade Event has occurred and been continuing for at least
                    30 days or
                    (ii) a S&P/Fitch Required Ratings Downgrade Event has occurred and is
                    continuing, an amount equal to the sum of (1) 100.0% of the Secured
                    Party’s Exposure for such Valuation Date and (2) the sum, for each
                    Transaction to which this Annex relates, of the product of (i)
                    the
                    Volatility Buffer for such Transaction, (ii) Scale Factor (as
                    defined in
                    the related confirmation) for such Transaction, and (iii) the
                    Notional
                    Amount of such Transaction for the Calculation Period of such
                    Transaction
                    (each as defined in the related Confirmation) which includes
                    such
                    Valuation Date, or

                

        

         

        
          	 	
                  (B)

                	
                  for
                    any other Valuation Date, zero,
                    over

                

        

         

        (II) the
          Threshold for Party A for such Valuation Date.

         

        “S&P/Fitch
          Value”
          means,
          on any date and with respect to any Eligible Collateral other than Cash,
          the
          product of (A) the bid price obtained by the Valuation Agent for such Eligible
          Collateral and (B) the S&P Valuation Percentage for such Eligible Collateral
          set forth in paragraph 13(b)(ii).

         

        “Transaction
          Exposure”
          means,
          for any Transaction, Exposure determined as if such Transaction were the
          only
          Transaction between the Secured Party and the Pledgor.

         

        “Transaction-Specific
          Hedge” means
          any
          Transaction that is (i) an interest rate swap in respect of which (x) the
          notional amount of the interest rate swap is “balance guaranteed” or (y) the
          notional amount of the interest rate swap for any Calculation Period (as
          defined
          in the related Confirmation) otherwise is not a specific dollar amount
          that is
          fixed at the inception of the Transaction, (ii) an interest rate cap, (iii)
          an
          interest rate floor or (iv) an interest rate swaption.

         

        “Valuation
          Percentage”
          shall
          mean, for purposes of determining the S&P/Fitch Value, Moody’s First Trigger
          Value, or Moody’s Second Trigger Value with respect to any Eligible Collateral
          or Posted Collateral, the applicable S&P/Fitch Valuation Percentage, Moody’s
          First Trigger Valuation Percentage, or Moody’s Second Trigger Valuation
          Percentage for such Eligible Collateral or Posted Collateral, respectively,
          in
          each case as set forth in Paragraph 13(b)(ii).

         

        “Value”
          shall
          mean, in respect of any date, the related S&P/Fitch Value, the related
          Moody’s First Trigger Value, and the related Moody’s Second Trigger
          Value.

         

        “Volatility
          Buffer”
          means,
          for any Transaction, the related percentage set forth in the following
          table.

         

        

          
            	
                    The
                      higher of the S&P short-term credit rating of (i) Party A and (ii) the
                      Credit Support Provider of Party A, if applicable

                  	 	
                    Remaining
                      Weighted Average Maturity 

                    up
                      to 3 years

                  	 	
                    Remaining
                      Weighted Average Maturity

                    up
                      to 5 years

                  	 	
                    Remaining
                      Weighted Average Maturity

                    up
                      to 10 years

                  	 	
                    Remaining
                      Weighted Average Maturity

                    up
                      to 30 years

                  
	
                    “A-2”
                      or higher

                  	 	
                    2.75%

                  	 	
                    3.25%

                  	 	
                    4.00%

                  	 	
                    4.75%

                  
	
                    “A-3”

                  	 	
                    3.25%

                  	 	
                    4.00%

                  	 	
                    5.00%

                  	 	
                    6.25%

                  
	
                    “BB+”
                      or
                      lower

                  	 	
                    3.50%

                  	 	
                    4.50%

                  	 	
                    6.75%

                  	 	
                    7.50%

                  

          

        

        

         

        

         

        

         

        [Remainder
          of this page intentionally left blank]

         

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        SCHEDULE
          A

         

        ELIGIBLE
          COLLATERAL

         

        

         

        
          	
                   

                  ISDA
                    Collateral 

                  Asset
                    Definition

                  (ICAD)
                    Code 

                	 	
                  Remaining
                    Maturity in Years

                	 	
                  S&P
                    

                  Valuation
                    

                  Percentage

                	 	
                  Moody’s

                  First
                    Trigger Valuation
                    Percentage

                	 	
                  Moody’s

                  Second
                    Trigger

                  Valuation

                  Percentage

                
	
                  (A)
                    US-CASH

                	 	
                  N/A

                	 	
                  100%

                	 	
                  100%

                	 	
                  100%

                
	
                  (B)
                    EU-CASH

                	 	
                  N/A

                	 	
                  92.5%

                	 	
                  98%

                	 	
                  94%

                
	
                  (C)
                    GB-CASH

                	 	
                  N/A

                	 	
                  94.1%

                	 	
                  98%

                	 	
                  95%

                
	
                  (D)
                    US-TBILL

                        
                    US-TNOTE

                         US-TBOND

                	 	 	 	 	 	 	 	 
	 	 	
                  1
                    or less

                	 	
                  98.9%

                	 	
                  100%

                	 	
                  100%

                
	 	 	
                  More
                    than 1 but not more than 2

                	 	
                  98.0%

                	 	
                  100%

                	 	
                  99%

                
	 	 	
                  More
                    than 2 but not more than 3

                	 	
                  97.4%

                	 	
                  100%

                	 	
                  98%

                
	 	 	
                  More
                    than 3 but not more than 5

                	 	
                  95.5%

                	 	
                  100%

                	 	
                  97%

                
	 	 	
                  More
                    than 5 but not more than 7

                	 	
                  93.7%

                	 	
                  100%

                	 	
                  96%

                
	 	 	
                  More
                    than 7 but not more than 10

                	 	
                  92.5%

                	 	
                  100%

                	 	
                  94%

                
	 	 	
                  More
                    than 10 but not more than 20

                	 	
                  91.1%

                	 	
                  100%

                	 	
                  90%

                
	 	 	
                  More
                    than 20

                	 	
                  88.6%

                	 	
                  100%

                	 	
                  88%

                
	
                  (E)
                    US-GNMA

                        US-FNMA

                       
                    US-FHLMC

                	 	 	 	 	 	 	 	 
	 	 	
                  1
                    or less

                	 	
                  98.5%

                	 	
                  100%

                	 	
                  99%

                
	 	 	
                  More
                    than 1 but not more than 2

                	 	
                  97.7%

                	 	
                  100%

                	 	
                  99%

                
	 	 	
                  More
                    than 2 but not more than 3

                	 	
                  97.3%

                	 	
                  100%

                	 	
                  98%

                
	 	 	
                  More
                    than 3 but not more than 5

                	 	
                  94.5%

                	 	
                  100%

                	 	
                  96%

                
	 	 	
                  More
                    than 5 but not more than 7

                	 	
                  93.1%

                	 	
                  100%

                	 	
                  93%

                
	 	 	
                  More
                    than 7 but not more than 10

                	 	
                  90.7%

                	 	
                  100%

                	 	
                  93%

                
	 	 	
                  More
                    than 10 but not more than 20

                	 	
                  87.7%

                	 	
                  100%

                	 	
                  89%

                
	 	 	
                  More
                    than 20

                	 	
                  84.4%

                	 	
                  100%

                	 	
                  87%

                
	
                  (F)
                    Fixed-Rate GA-EUROZONE 

                       
                    GOV

                	 	 	 	
                  Rated
                    AAA or better by S&P

                	 	
                  Rated
                    Aa3 or better by Moody's

                	 	
                  Rated
                    Aa3 or better by Moody's

                
	 	 	
                  1
                    or less

                	 	
                  98.8%

                	 	
                  98%

                	 	
                  94%

                
	 	 	
                  More
                    than 1 but not more than 2

                	 	
                  97.9%

                	 	
                  98%

                	 	
                  93%

                
	 	 	
                  More
                    than 2 but not more than 3

                	 	
                  97.1%

                	 	
                  98%

                	 	
                  92%

                
	 	 	
                  More
                    than 3 but not more than 5

                	 	
                  91.2%

                	 	
                  98%

                	 	
                  90%

                
	 	 	
                  More
                    than 5 but not more than 7

                	 	
                  87.5%

                	 	
                  98%

                	 	
                  89%

                
	 	 	
                  More
                    than 7 but not more than 10

                	 	
                  83.8%

                	 	
                  98%

                	 	
                  88%

                
	 	 	
                  More
                    than 10 but not more than 20

                	 	
                  75.5%

                	 	
                  98%

                	 	
                  84%

                

        

        

         

        The
          ISDA
          Collateral Asset Definition (ICAD) Codes used in this Schedule A are taken
          from
          the Collateral Asset Definitions (First Edition - June 2003) as published
          and
          copyrighted in 2003 by the International Swaps and Derivatives Association,
          Inc.

         

         

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        P

       

      ADDITIONAL
        DISCLOSURE NOTIFICATION

       

      **SEND
        TO WELLS FARGO VIA FAX TO 410-715-2380 AND VIA EMAIL TO
        cts.sec.notifications@wellsfargo.com AND VIA OVERNIGHT MAIL TO THE ADDRESS
        IMMEDIATELY BELOW. SEND TO THE DEPOSITOR AT THE ADDRESS
        BELOW**

      

       

      Wells
        Fargo Bank, N.A. as Securities Administrator 

      Old
        Annapolis Road

      Columbia,
        Maryland 21045

      Fax:
        (410) 715-2380

      E-mail:
        cts.sec.notifications@wellsfargo.com

       

      Financial
        Asset Securities Corp.

      600
        Steamboat Road

      Greenwich,
        Connecticut 06080

      Attn:
        Corporate Trust Services - Soundview Home Loan Trust 2007-1-SEC REPORT
        PROCESSING

       

      RE:
        **Additional Form [   ] Disclosure**Required

       

      Ladies
        and Gentlemen:

       

      In
        accordance with Section [   ] of the Pooling and Servicing Agreement,
        dated as of February 1, 2007, among the Depositor, Ocwen Loan Servicing,
        LLC as
        servicer (the “Servicer”), Wells Fargo Bank, N.A. as master servicer and trust
        administrator (the “Master Servicer” and “Trust Administrator”), and Deutsche
        Bank National Trust Company, a national banking association, as trustee (the
        “Trustee”). The Undersigned, as [   ], 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: 

       

      

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        Q

       

      FORM
        OF
        INTEREST RATE SWAP AGREEMENT

      

       

      
         

        
          	
                  

                	
                  BEAR
                    STEARNS FINANCIAL PRODUCTS INC.

                  383
                    MADISON AVENUE

                  NEW
                    YORK, NEW YORK 10179

                  212-272-4009

                

        

         

        
          
            	
                    DATE:

                  	
                    February
                      28, 2007

                  
	
                     

                  	 
	
                    TO:

                  	
                    Wells
                      Fargo Bank, N.A., not in its individual capacity, but solely
                      as
                      Supplemental Interest Trust Trustee on behalf of the Supplemental
                      Interest
                      Trust with respect to the Soundview Home Loan Trust 2007-1,
                      Asset-Backed
                      Certificates, Series 2007-1

                  
	
                    ATTENTION:

                  	
                    Client
                      Manager - Soundview 2007-1

                  
	
                    FACSIMILE:

                  	
                    410-715-2380

                  
	 	 
	
                    TO:

                  	
                    The
                      Royal Bank of Scotland plc, London

                  
	
                    ATTENTION:

                  	
                    Melizza
                      Stotler

                  
	
                    FACSIMILE:

                  	
                    203-618-2580

                  
	 	 
	
                    FROM:

                  	
                    Derivatives
                      Documentation

                  
	
                    TELEPHONE:

                  	
                    212-272-2711

                  
	
                    FACSIMILE:
                      

                  	
                    212-272-9857

                  
	 	 
	
                    RE:
                      

                  	
                    Novation
                      Confirmation

                  
	 	 
	
                    REFERENCE
                      NUMBER(S):

                  	
                    FXNEC9255-BXNE218637

                  

          

 

        The
          purpose of this letter is to confirm the terms and conditions of the Novation
          Transaction entered into between the parties and effective from the Novation
          Date specified below. This Novation Confirmation constitutes a “Confirmation” as
          referred to in the New Agreement specified below. 

        

        1.  
            The
          definitions and provisions contained in the 2004 ISDA Novation Definitions
          (the
“Definitions”) and the terms and provisions of the 2000 ISDA
          Definitions,
          as
          published by the International Swaps and Derivatives Association, Inc.
          and
          amended from time to time, are incorporated in this Novation Confirmation.
          In
          the event of any inconsistency between (i) the Definitions, (ii) the 2000
          ISDA
          Definitions, and/or (iii) the Novation Agreement and this Novation Confirmation,
          this Novation Confirmation will govern. 

        

        2.  
           The
          terms
          of the Novation Transaction to which this Novation Confirmation relates
          are as
          follows:

        

        
          	 	
                  Novation
                    Trade Date:

                	
                  February
                    28, 2007

                
	 	
                  Novation
                    Date:

                	
                  February
                    28, 2007

                
	 	
                  Novated
                    Amount:

                	
                  As
                    set forth in the New Confirmation

                
	 	
                  Transferor
                    1:

                	
                  The
                    Royal Bank of Scotland plc

                
	 	
                  Transferor
                    2:

                	
                  Bear
                    Stearns Bank plc 

                
	 	
                  Transferee
                    1:

                	
                  Wells
                    Fargo Bank, N.A., not in its individual capacity, but solely
                    as
                    Supplemental Interest Trust Trustee on behalf of the Supplemental
                    Interest
                    Trust with respect to the Soundview Home Loan Trust 2007-1, Asset-Backed
                    Certificates, Series 2007-1

                
	 	
                  Transferee
                    2:

                	
                  Bear
                    Stearns Financial Products Inc.

                
	 	
                  New
                    Agreement (between Transferee 1 

                  and
                    Transferee 2):

                	
                  The
                    Master Agreement as defined in the New Confirmation

                
	
                	
                   

                

        

        

        

        3.  
            The
          terms
          of the Old Transaction to which this Novation Confirmation relates, for
          identification purposes, are as follows:

        

        
          	 	
                  Trade
                    Date of Old Transaction:

                	
                  February
                    23, 2007

                
	 	
                  Effective
                    Date of Old Transaction:

                	
                  November
                    25, 2007

                
	 	
                  Termination
                    Date of Old Transaction:

                	
                  February
                    25, 2012

                

        

        

        4.    The
          terms
          of the New Transactions to which this Novation Confirmation relates shall
          be as
          specified in the New Confirmation attached hereto as Exhibit A, including
          the
          Credit Support Annex attached hereto as Annex A.

        

        
          	 	
                  Full
                    First Calculation Period:

                	
                  Applicable
                    

                

        

        

        5.   
           Offices:

         

        

        
          	 	
                  Transferor
                    1:

                	
                  London

                
	 	
                  Transferor
                    2:

                	
                  Not
                    Applicable

                
	 	
                  Transferee
                    1:

                	
                  Not
                    Applicable

                
	 	
                  Transferee
                    2:

                	
                  Not
                    Applicable

                

        

        

        

        The
          parties confirm their acceptance to be bound by this Novation Confirmation
          as of
          the Novation Date by executing a copy of this Novation Confirmation and
          returning a facsimile of the fully-executed Novation Confirmation to
212-272-9857.
          Transferor
          1 and Transferor 2, by their respective execution of a copy of this Novation
          Confirmation, each agrees to the terms of the Novation Confirmation as
          it
          relates to the Old Transaction. Transferee 1 and Transferee 2, by their
          respective execution of a copy of this Novation Confirmation, each agrees
          to the
          terms of the Novation Confirmation as it relates to the New Transaction.
          For
          inquiries regarding U.S. Transactions, please contact Derivatives
          Documentation
          by
          telephone at 212-272-2711.
          For all
          other inquiries please contact Derivatives
          Documentation by
          telephone at 353-1-402-6223.

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          	
                  The
                    Royal Bank of Scotland plc 

                  By:
                    Greenwich Capital Markets, Inc., its agent

                	 	Bear Stearns
                  Bank
                  plc
	 	 	 
	By: _____________________________	 	By:
                  _____________________________
	
                  Name:

                  Title:

                  Date:

                	 	
                  Name:

                  Title:

                  Date: 

                
	 	 	 
	
                  Wells
                    Fargo Bank, N.A., not in its individual capacity, but solely
                    as
                    Supplemental Interest Trust Trustee on behalf of the Supplemental
                    Interest
                    Trust with respect to the Soundview Home Loan Trust 2007-1, Asset-Backed
                    Certificates, Series 2007-1

                	 	
                  Bear
                    Stearns Financial Products Inc.

                
	 	 	 
	By: _____________________________	 	By:
                  _____________________________
	
                  Name:

                  Title:

                  Date

                	 	
                  Name:

                  Title:

                  Date

                
	 	 	 
	lm/er 	 	 

        

         

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

      
         

         

        
          	
                  

                	
                  BEAR
                    STEARNS FINANCIAL PRODUCTS INC.

                  383
                    MADISON AVENUE

                  NEW
                    YORK, NEW YORK 10179

                  212-272-4009

                

        

        
 

        Exhibit
          A

        

        

          
            	
                    DATE:

                  	
                    February
                      28, 2007

                  
	
                     

                  	 
	
                    TO:

                  	
                    Wells
                      Fargo Bank, N.A., not in its individual capacity, but solely
                      as
                      Supplemental Interest Trust Trustee on behalf of the Supplemental
                      Interest
                      Trust with respect to the Soundview Home Loan Trust 2007-1,
                      Asset-Backed
                      Certificates, Series 2007-1

                  
	
                    ATTENTION:

                  	
                    Client
                      Manager - Soundview 2007-1

                  
	
                    TELEPHONE:

                  	
                    410-884-2000

                  
	
                    FACSIMILE:

                  	
                    410-715-2380

                  
	 	 
	
                    FROM:

                  	
                    Derivatives
                      Documentation

                  
	
                    TELEPHONE:

                  	
                    212-272-2711
                      

                  
	
                    FACSIMILE:
                      

                  	
                    212-272-9857
                      

                  
	 	 
	
                    SUBJECT:

                  	
                    Fixed
                      Income Derivatives Confirmation and Agreement 

                  
	 	 
	
                    REFERENCE
                      NUMBER:

                  	
                    FXNEC9255

                  

          

        

        The
          purpose of this long-form confirmation (“Confirmation”)
          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. (“Party
          A”) and
          Wells
          Fargo Bank, N.A., not in its individual capacity, but solely as Supplemental
          Interest Trust Trustee on behalf of the Supplemental Interest Trust with
          respect
          to the Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series
          2007-1 (“Party
          B”).
          Reference is hereby made to the Pooling and Servicing Agreement, dated
          as
          of February
          1, 2007, among Financial Asset Securities Corp., as Depositor, Ocwen Loan
          Servicing, LLC., as Servicer, Wells Fargo Bank, N.A., as Master Servicer
          and
          Trust Administrator, and Deutsche Bank National Trust Company, as Trustee
          (the
“Pooling
          and Servicing Agreement”).
          This
          Confirmation evidences a complete and binding agreement between you and
          us to
          enter into the Transaction on the terms set forth below and replaces any
          previous agreement between us with respect to the subject matter hereof.
          This
          Confirmation constitutes a “Confirmation”
          and also
          constitutes a “Schedule”
          as
          referred to in the ISDA Master Agreement, and Paragraph 13 of a Credit
          Support
          Annex to the Schedule. 

        

        
          	1.  	
                  This
                    Confirmation shall supplement, form a part of, and be subject
                    to an
                    agreement in the form of the ISDA Master Agreement (Multicurrency
                    - Cross
                    Border) as published and copyrighted in 1992 by the International
                    Swaps
                    and Derivatives Association, Inc. (the “ISDA
                    Master Agreement”),
                    as if Party A and Party B had executed an agreement in such form
                    on the
                    date hereof, with a Schedule as set forth in Item 3 of this Confirmation,
                    and an ISDA Credit Support Annex (Bilateral Form - ISDA Agreements
                    Subject
                    to New York Law Only version) as published and copyrighted in
                    1994 by the
                    International Swaps and Derivatives Association, Inc., with Paragraph
                    13
                    thereof as set forth in Annex A hereto (the “Credit
                    Support Annex”).
                    For the avoidance of doubt, the Transaction described herein
                    shall be the
                    sole Transaction governed by such ISDA Master Agreement. In the
                    event of
                    any inconsistency among any of the following documents, the relevant
                    document first listed shall govern: (i) this Confirmation, exclusive
                    of
                    the provisions set forth in Item 3 hereof and Annex A hereto;
                    (ii) the
                    provisions set forth in Item 3 hereof, which are incorporated
                    by reference
                    into the Schedule; (iii) the Credit Support Annex; (iv) the Definitions;
                    and (v) the ISDA Master Agreement.

                

        

        

        Each
          reference herein 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 Master Agreement; each herein reference
          to
          a “Part” will be construed as a reference to the provisions herein deemed
          incorporated in a Schedule to the ISDA Master Agreement; each reference
          herein
          to a “Paragraph” will be construed as a reference to a Paragraph of the Credit
          Support Annex.

        

        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:

                  	
                    February
                      28, 2007

                  
	 	 
	
                    Termination
                      Date:

                  	
                    February
                      25, 2012, subject to adjustment in accordance with the Business
                      Day
                      Convention; provided, however, that for the purpose of determining
                      the
                      final Fixed Rate Payer Period End Date, Termination Date shall
                      be subject
                      to No Adjustment.

                  
	 	 
	
                    Fixed
                      Amount:

                  	 
	 	 
	
                    Fixed
                      Rate Payer:

                  	
                    Party
                      B

                  
	 	 
	
                    Effective
                      Date:

                  	
                    November
                      25, 2007

                  
	 	 
	
                    Fixed
                      Rate Payer

                  	 
	
                    Period
                      End Dates:

                  	
                    The
                      25th calendar day of each month during the Term of this Transaction,
                      commencing December 25, 2007 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:

                  	
                    5.27500%

                  
	 	 
	
                    Fixed
                      Amount:

                  	
                    To
                      be determined in accordance with the following formula:

                  
	 	 
	 	
                    Scale
                      Factor * Fixed Rate * Notional Amount * Fixed Rate Day Count
                      Fraction.

                  
	
                    Fixed
                      Rate Day 

                  	 
	
                    Count
                      Fraction:

                  	
                    30/360

                  
	 	 
	
                    Floating
                      Amounts:

                  	 
	 	 
	
                    Floating
                      Rate Payer:

                  	
                    Party
                      A

                  
	 	 
	
                    Effective
                      Date:

                  	
                    November
                      26, 2007

                  
	 	 
	
                    Floating
                      Rate Payer 

                  	 
	
                    Period
                      End Dates:

                  	
                    The
                      25th calendar day of each month during the Term of this Transaction,
                      commencing December 25, 2007 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 Fixed Rate Payer Payment Date
                      shall be
                      one Business Day prior to each Fixed Rate Payer Period End
                      Date.

                  
	
                     

                  	 
	
                    Floating
                      Rate for initial

                  	 
	
                    Calculation
                      Period:

                  	
                    To
                      be determined.

                  
	 	 
	 	 
	
                    Floating
                      Rate Option:

                  	
                    USD-LIBOR-BBA

                  
	 	 
	
                    Floating
                      Amount:

                  	
                    To
                      be determined in accordance with the following formula:

                  
	 	 
	 	
                    Scale
                      Factor * Floating Rate * Notional Amount * Floating Rate Day
                      Count
                      Fraction.

                  
	
                    Designated
                      Maturity:

                  	
                    One
                      month

                  
	 	 
	
                    Spread:

                  	
                    None

                  
	 	 
	
                    Floating
                      Rate Day 

                  	 
	
                    Count
                      Fraction:

                  	
                    Actual/360

                  
	 	 
	
                    Reset
                      Dates:

                  	
                    The
                      first day of each Calculation Period.

                  
	 	 
	
                    Compounding:

                  	
                    Inapplicable

                  
	 	 
	
                    Business
                      Days:

                  	
                    New
                      York

                  
	 	 
	
                    Business
                      Day Convention:

                  	
                    Following

                  
	 	 
	
                    Scale
                      Factor: 

                  	
                    250

                  
	 	 
	
                    Calculation
                      Agent:

                  	
                    Party
                      A

                  

          

        
          	
                  3.

                	
                  Provisions
                    Deemed Incorporated in a Schedule to the ISDA Master
                    Agreement:

                

        

        

        
          	
                  Part
                    1.

                	
                  Termination
                    Provisions.

                

        

        

        For
          the
          purposes of this Agreement:-

        

        (a)        
           “Specified
          Entity”
          will not
          apply to Party A or Party B for any purpose. 

        

        
          	
                  (b)

                	
                  “Specified
                    Transaction”
                    will have the meaning specified in Section
                    14.

                

        

        

        
          	
                  (c)

                	
                  Events
                    of Default.

                

        

        

        The
          statement below that an Event of Default will apply to a specific party
          means
          that upon the occurrence of such an Event of Default with respect to such
          party,
          the other party shall have the rights of a Non-defaulting Party under Section
          6
          of this Agreement; conversely, the statement below that such event will
          not
          apply to a specific party means that the other party shall not have such
          rights.

        

        
          	(i)  	
                  The
                    “Failure
                    to Pay or Deliver”
                    provisions of Section 5(a)(i) will apply to Party A and will
                    apply to
                    Party B; provided, however, that notwithstanding anything to
                    the contrary
                    in Section 5(a)(i) or in Paragraph 7 of the Credit Support Annex,
                    any
                    failure by Party A to comply with or perform any obligation to
                    be complied
                    with or performed by Party A under the Credit Support Annex shall
                    not
                    constitute an Event of Default under Section 5(a)(i) unless (A)
                    a Required
                    Ratings Downgrade Event has occurred and been continuing for
                    30 or more
                    Local Business Days and (B) such failure is not remedied on or
                    before the
                    third Local Business Day after notice of such failure is given
                    to Party
                    A.

                

        

        

        
          	(ii)  	
                  The
                    “Breach
                    of Agreement”
                    provisions of Section 5(a)(ii) will apply to Party A and will
                    not apply to
                    Party B.

                

        

        

        
          	(iii)  	
                  The
                    “Credit
                    Support Default”
                    provisions of Section 5(a)(iii) will apply to Party A and will
                    not apply
                    to Party B except that Section 5(a)(iii)(1) will apply to Party
                    B solely
                    in respect of Party B’s obligations under Paragraph 3(b) of the Credit
                    Support Annex; provided, however, that notwithstanding anything
                    to the
                    contrary in Section 5(a)(iii)(1), any failure by Party A to comply
                    with or
                    perform any obligation to be complied with or performed by Party
                    A under
                    the Credit Support Annex shall not constitute an Event of Default
                    under
                    Section 5(a)(iii) unless (A) a Required Ratings Downgrade Event
                    has
                    occurred and been continuing for 30 or more Local Business Days
                    and (B)
                    such failure is not remedied on or before the third Local Business
                    Day
                    after notice of such failure is given to Party
                    A.

                

        

        

        
          	(iv)  	
                  The
                    “Misrepresentation”
                    provisions of Section 5(a)(iv) will apply to Party A and will
                    not apply to
                    Party B. 

                

        

        

        
          	(v)  	
                  The
                    “Default
                    under Specified Transaction”
                    provisions of Section 5(a)(v) will apply to Party A and will
                    not apply to
                    Party B.

                

        

        

        
          	(vi)  	
                  The
                    “Cross
                    Default”
                    provisions of Section 5(a)(vi) will apply to Party A and will
                    not apply to
                    Party B. For purposes of Section 5(a)(vi), solely with respect
                    to Party
                    A:

                

        

        

        “Specified
          Indebtedness” will have the meaning specified in Section 14.

        

        “Threshold
          Amount” means USD 100,000,000.

        

        
          	(vii)  	
                  The
                    “Bankruptcy”
                    provisions of Section 5(a)(vii) will apply to Party A and will
                    apply to
                    Party B except that the provisions of Section 5(a)(vii)(2), (6)
                    (to the
                    extent that such provisions refer to any appointment contemplated
                    or
                    effected by the Pooling and Servicing Agreement or any appointment
                    to
                    which Party B has not become subject), (7) and (9) will not apply
                    to Party
                    B; provided that, with respect to Party B only, Section 5(a)(vii)(4)
                    is
                    hereby amended by adding after the words “against it” the words
                    “(excluding any proceeding or petition instituted or presented
                    by Party A
                    or its Affiliates)”, and Section 5(a)(vii)(8) is hereby amended by
                    deleting the words “to (7) inclusive” and inserting lieu thereof “, (3),
                    (4) as amended, (5), (6) as amended, or
                    (7)”.

                

        

        

        
          	(viii)  	
                  The
                    “Merger
                    Without Assumption”
                    provisions of Section 5(a)(viii) will apply to Party A and will
                    apply to
                    Party B.

                

        

        

        (d)          Termination
          Events.

        

        The
          statement below that a Termination Event will apply to a specific party
          means
          that upon the occurrence of such a Termination Event, if such specific
          party is
          the Affected Party with respect to a Tax Event, the Burdened Party with
          respect
          to a Tax Event Upon Merger (except as noted below) or the non-Affected
          Party
          with respect to a Credit Event Upon Merger, as the case may be, such specific
          party shall have the right to designate an Early Termination Date in accordance
          with Section 6 of this Agreement; conversely, the statement below that
          such an
          event will not apply to a specific party means that such party shall not
          have
          such right; provided, however, with respect to “Illegality” the statement that
          such event will apply to a specific party means that upon the occurrence
          of such
          a Termination Event with respect to such party, either party shall have
          the
          right to designate an Early Termination Date in accordance with Section
          6 of
          this Agreement.

        

        (i)          
           The
          “Illegality”
          provisions of Section 5(b)(i) will apply to Party A and will apply to Party
          B.

        

        
          	 	
                  (ii)

                	
                  The
                    “Tax
                    Event”
                    provisions of Section 5(b)(ii) will apply to Party A and will
                    apply to
                    Party B. 

                

        

        

        
          	 	
                  (iii)

                	
                  The
                    “Tax
                    Event Upon Merger”
                    provisions of Section 5(b)(iii) will apply to Party A and will
                    apply to
                    Party B, provided that Party A shall not be entitled to designate
                    an Early
                    Termination Date by reason of a Tax Event upon Merger in respect
                    of which
                    it is the Affected Party.

                

        

        

        
          	 	
                  (iv)

                	
                  The
                    “Credit
                    Event Upon Merger”
                    provisions of Section 5(b)(iv) will not apply to Party A and
                    will not
                    apply to Party B.

                

        

        

        
          	
                  (e)

                	
                  The
                    “Automatic
                    Early Termination”
                    provision of Section 6(a) will not apply to Party A and will
                    not apply to
                    Party B.

                

        

        

        (f)    
                 Payments
          on Early Termination.
          For the
          purpose of Section 6(e) of this Agreement:

        

        
          	(i)  	
                  The
                    Second Method will apply.

                

        

        

        
          	(ii)  	
                  Market
                    Quotation will apply, provided, however, that, if Party A is
                    the
                    Defaulting Party or the sole Affected Party, the following provisions
                    will
                    apply:

                

        

        

        
          	 	
                  (A)

                	
                  Section
                    6(e) is hereby amended by inserting on the first line thereof
                    the words
                    “or is effectively designated” after “If an Early Termination Date
                    occurs”;

                

        

        

        
          	 	
                  (B)
                    

                	
                  The
                    definition of Market Quotation in Section 14 shall be deleted
                    in its
                    entirety and replaced with the following:

                

        

        

        “Market
          Quotation” means,
          with respect to one or more Terminated Transactions, and a party making
          the
          determination, an amount determined on the basis of one or more Firm Offers
          from
          Reference Market-makers that are Eligible Replacements. Each Firm Offer
          will be
          (1) for an amount that would be paid to Party B (expressed as a negative
          number)
          or by Party B (expressed as a positive number) in consideration of an agreement
          between Party B and such Reference Market-maker to enter into a Replacement
          Transaction, and (2) made on the basis that Unpaid Amounts in respect of
          the
          Terminated Transaction or group of Transactions are to be excluded but,
          without
          limitation, any payment or delivery that would, but for the relevant Early
          Termination Date, have been required (assuming satisfaction of each applicable
          condition precedent) after that Early Termination Date are to be included.
          The
          party making the determination (or its agent) will request each Reference
          Market-maker that is an Eligible Replacement to provide its Firm Offer
          to the
          extent reasonably practicable as of the same day and time (without regard
          to
          different time zones) on or as soon as reasonably practicable after the
          designation or occurrence of the relevant Early Termination Date. The day
          and
          time as of which those Firm Offers are to be provided (the “bid time”) will be
          selected in good faith by the party obliged to make a determination under
          Section 6(e), and, if each party is so obliged, after consultation with
          the
          other. If at least one Firm Offer from an Approved Replacement (which,
          if
          accepted, would determine the Market Quotation) is provided at the bid
          time, the
          Market Quotation will be the Firm Offer (among such Firm Offers as specified
          in
          clause (C) below) actually accepted by Party B no later than the Business
          Day
          immediately preceding the Early Termination Date. If no Firm Offer from
          an
          Approved Replacement (which, if accepted, would determine the Market Quotation)
          is provided at the bid time, it will be deemed that the Market Quotation
          in
          respect of such Terminated Transaction or group of Transactions cannot
          be
          determined.

        

        
          	 	
                  (C)

                	
                  If
                    more than one Firm Offer from an Approved Replacement (which,
                    if accepted,
                    would determine the Market Quotation) is provided at
                    the bid time,
                    Party B shall accept the Firm Offer (among such Firm Offers)
                    which would
                    require either (x) the lowest payment by Party B to the Reference
                    Market-maker, to the extent Party B would be required to make
                    a payment to
                    the Reference Market-maker or (y) the highest payment from the
                    Reference
                    Market-maker to Party B, to the extent the Reference Market-maker
                    would be
                    required to make a payment to Party B. If only one Firm Offer
                    from an
                    Approved Replacement (which, if accepted, would determine the
                    Market
                    Quotation) is provided at the bid time, Party B shall accept
                    such Firm
                    Offer.

                

        

        

        
          	 	
                  (D)

                	
                  If
                    Party B requests Party A in writing to obtain Market Quotations,
                    Party A
                    shall use its reasonable efforts to do so.

                

        

        

        
          	 	
                  (E)

                	
                  If
                    the Settlement Amount is a negative number, Section 6(e)(i)(3)
                    shall be
                    deleted in its entirety and replaced with the
                    following:

                

        

        

        “(3)
          Second
          Method and Market Quotation.
          If the
          Second Method and Market Quotation apply, (I) Party B shall pay to Party
          A an
          amount equal to the absolute value of the Settlement Amount in respect
          of the
          Terminated Transactions, (II) Party B shall pay to Party A the Termination
          Currency Equivalent of the Unpaid Amounts owing to Party A and (III) Party
          A
          shall pay to Party B the Termination Currency Equivalent of the Unpaid
          Amounts
          owing to Party B; provided, however, that (x) the amounts payable under
          the
          immediately preceding clauses (II) and (III) shall be subject to netting
          in
          accordance with Section 2(c) of this Agreement and (y) notwithstanding
          any other
          provision of this Agreement, any amount payable by Party A under the immediately
          preceding clause (III) shall not be netted-off against any amount payable
          by
          Party B under the immediately preceding clause (I).”

         

        (g)         
           “Termination
          Currency”
          means
          USD.

        

        (h)        
            Additional
          Termination Events.
          Additional Termination Events will apply as provided in Part 5(c). 

        

        Part
          2.    Tax
          Matters.

        

        (a)         
           Tax
          Representations. 

        

        
          	 	
                  (i)

                	
                  Payer
                    Representations.
                    For the purpose of Section 3(e) of this Agreement:
                    

                

        

         

        (A)       
           Party
          A
          makes the following representation(s):

        

        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 it to the other party under this Agreement. 

        

        In
          making
          this representation, it may rely on: 

        

        
          	 	
                  (1)

                	
                  the
                    accuracy of any representations made by the other party pursuant
                    to
                    Section 3(f) of this Agreement; 

                

        

        

        
          	 	
                  (2)

                	
                  the
                    satisfaction of the agreement 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 

                

        

        

        
          	 	
                  (3)

                	
                  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)        
           Party
          B
          makes the following representation(s):

        

        None.

        

        (ii)        
            Payee
          Representations.
          For the
          purpose of Section 3(f) of this Agreement: 

         

        (A)        
           Party
          A
          makes the following representation(s):

        

        Party
          A
          is a corporation organized under the laws of the State of Delaware and
          its U.S.
          taxpayer identification number is 13-3866307.

        
          	 	 	 

        

        (B)         
           Party
          B
          makes the following representation(s):

        

        None.

        

        
          	
                  (b)

                	
                  Tax
                    Provisions.

                

        

        

        
          	 	
                  (i)

                	
                  Gross
                    Up.
                    Section 2(d)(i)(4) shall not apply to Party B as X, such that
                    Party B
                    shall not be required to pay any additional amounts referred
                    to
                    therein.

                

        

        

        
          	 	
                  (ii)

                	
                  Indemnifiable
                    Tax.
                    Notwithstanding the definition of “Indemnifiable Tax” in Section 14 of
                    this Agreement, all Taxes in relation to payments by Party A
                    shall be
                    Indemnifiable Taxes (including any Tax imposed in relation to
                    a Credit
                    Support Document or in relation to any payment thereunder) unless
                    (i) such
                    Taxes are assessed directly against Party B and not by deduction
                    or
                    withholding by Party A or (ii) arise as a result of a Change
                    in Tax Law
                    (in which case such Tax shall be an Indemnifiable Tax only if
                    such Tax
                    satisfies the definition of Indemnifiable Tax provided in Section
                    14). In
                    relation to payments by Party B, no Tax shall be an Indemnifiable
                    Tax.

                

        

        

        Part
          3.    Agreement
          to Deliver Documents.  

        

        (a) For
          the
          purpose of Section 4(a)(i), tax forms, documents, or certificates to be
          delivered are:

        
          	
                  Party
                    required to 

                  deliver
                    document

                	 	
                  Form/Document/

                  Certificate

                	 	
                  Date
                    by which to

                  be
                    delivered

                
	 	 	 	 	 
	
                  Party
                    A

                	 	
                  An
                    original properly completed and executed United States Internal
                    Revenue
                    Service Form W-9 (or any successor thereto) with respect to any
                    payments
                    received or to be received by Party A that eliminates U.S. federal
                    withholding and backup withholding Tax on payments to Party A
                    under this
                    Agreement.

                	 	
                  (i)
                    upon execution of this Agreement, (ii) on or before the first
                    payment date
                    under this Agreement, including any Credit Support Document,
                    (iii)
                    promptly upon the reasonable demand by Party B, (iv) prior to
                    the
                    expiration or obsolescence of any previously delivered form,
                    and (v)
                    promptly upon the information on any such previously delivered
                    form
                    becoming inaccurate or incorrect.

                
	 	 	 	 	 
	
                  Party
                    B

                	 	
                  (i)
                    Upon execution of this Agreement, an original properly completed
                    and
                    executed United States Internal Revenue Service Form W-9 (or
                    any successor
                    thereto) with respect to any payments received or to be received
                    by the
                    initial beneficial owner of payments to Party B that eliminates
                    U.S.
                    federal withholding and backup withholding Tax on payments to
                    Party B
                    under this Agreement, and (ii) thereafter, the appropriate tax
                    certification form (i.e., IRS Form W-9 or IRS Form W-8BEN, W-8IMY,
                    W-8EXP
                    or W-8ECI, as applicable (or any successor form thereto)) with
                    respect to
                    any payments received or to be received by the beneficial owner
                    of
                    payments to Party B under this Agreement from time to time.
                    

                	 	
                  (i)
                    upon execution of this Agreement, (ii) on or before the first
                    payment date
                    under this Agreement, including any Credit Support Document,
                    (iii) in the
                    case of a tax certification form other than a Form W-9, before
                    December 31
                    of each third succeeding calendar year, (iv) promptly upon the
                    reasonable
                    demand by Party B, (v) prior to the expiration or obsolescence
                    of any
                    previously delivered form, and (vi) promptly upon the information
                    on any
                    such previously delivered form becoming inaccurate or
                    incorrect.

                

        

        

        (b) For
          the
          purpose of Section 4(a)(ii), 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

                
	 	 	 	 	 	 	 
	
                  Party
                    A and

                  Party
                    B

                	 	
                  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 the Agreement, this 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 the Agreement, this Confirmation and any Credit Support
                    Document, as
                    the case may be

                	 	
                  Upon
                    the execution and delivery of this Agreement

                	 	
                  Yes

                
	 	 	 	 	 	 	 
	
                  Party
                    A and

                  Party
                    B

                	 	
                  A
                    certificate of an authorized officer of the party, as to the
                    incumbency
                    and authority of the respective officers of the party signing
                    the
                    Agreement, this Confirmation, and any relevant Credit Support
                    Document, as
                    the case may be

                	 	
                  Upon
                    the execution and delivery of this Agreement

                	 	
                  Yes

                
	 	 	 	 	 	 	 
	
                  Party
                    A

                	 	
                  Annual
                    Report of Party A containing consolidated financial statements
                    certified
                    by independent certified public accountants and prepared in accordance
                    with generally accepted accounting principles in the country
                    in which
                    Party A is organized

                	 	
                  Upon
                    request by Party B

                	 	
                  Yes

                
	 	 	 	 	 	 	 
	
                  Party
                    A

                	 	
                  Quarterly
                    Financial Statements of Party A containing unaudited, consolidated
                    financial statements of Party A’s fiscal quarter prepared in accordance
                    with generally accepted accounting principles in the country
                    in which
                    Party A is organized

                	 	
                  Upon
                    request by Party B

                	 	
                  Yes

                
	 	 	 	 	 	 	 
	
                  Party
                    A and

                  Party
                    B

                	 	
                  An
                    opinion of counsel of such party regarding the enforceability
                    of this
                    Agreement in a form reasonably satisfactory to the other
                    party.

                	 	
                  Upon
                    the execution and delivery of this Agreement

                	 	
                  No

                
	 	 	 	 	 	 	 
	
                  Party
                    B

                	 	
                  An
                    executed copy of the Pooling and Servicing Agreement

                	 	
                  Promptly
                    upon filing of such agreement with the U.S. Securities and Exchange
                    Commission

                	 	
                  No

                

        

        

        Part
          4.     Miscellaneous. 

        

        
          	
                  (a)

                	
                  Address
                    for Notices:
                    For the purposes of Section 12(a) of this
                    Agreement:

                

        

         

        
          
            	
                    Address
                      for notices or communications to Party A:

                  
	 	 
	
                    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 Party B:

                  
	 	 
	
                    Address:

                  	
                    Wells
                      Fargo Bank, N.A.

                  
	
                     

                  	
                    9062
                      Old Annapolis Road

                  
	
                     

                  	
                    Columbia,
                      MD 21045 

                  
	
                    Attention:

                  	
                    Client
                      Manager - Soundview 2007-1

                  
	
                    Facsimile:

                  	
                    410-715-2380

                  
	
                    Phone:

                  	
                    410-884-2000

                  
	 	 
	
                    (For
                      all purposes)

                  	 

          

        

         

        (b)         
           Process
          Agent.
          For the
          purpose of Section 13(c):

        

        Party
          A
          appoints as its Process Agent: Not applicable.

        

        Party
          B
          appoints as its Process Agent: Not applicable.

        

        
          	
                  (c)

                	
                  Offices.
                    The provisions of Section 10(a) will apply to this Agreement;
                    neither
                    Party A nor Party B has any Offices other than as set forth in
                    the Notices
                    Section.

                

        

        

        
          	
                  (d)

                	
                  Multibranch
                    Party.
                    For the purpose of Section 10(c) of this
                    Agreement:

                

        

        

        Party
          A
          is not a Multibranch Party.

        

        
          	 	
                  Party
                    B is not a Multibranch Party.

                

        

        

        
          	
                  (e)

                	
                  Calculation
                    Agent.
                    The Calculation Agent is Party A.

                

        

        

        (f)         
           Credit
          Support Document. 

         

        
          	 	
                  Party
                    A:

                	
                  The
                    Credit Support Annex, and any guarantee in support of Party A’s
                    obligations under this Agreement.

                

        

        

        Party
          B: The
          Credit Support Annex.

        

        
          	
                  (g)

                	
                  Credit
                    Support Provider.

                

        

        

        Party
          A: The
          guarantor under any guarantee in support of Party A’s obligations under this
          Agreement.

        

        Party
          B: None.

        

        
          	
                  (h)

                	
                  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.

                

        

        

        
          	
                  (i)

                	
                  Netting
                    of Payments.
                    The parties agree that subparagraph (ii) of Section 2(c) will
                    apply to
                    each Transaction hereunder. 

                

        

        

        
          	
                  (j)

                	
                  Affiliate.
                    Party A and Party B shall be deemed to have no Affiliates for
                    purposes of
                    this Agreement, including for purposes of Section
                    6(b)(ii).

                

        

         

        Part
          5.   Others
          Provisions.

        

        
          	
                  (a)

                	
                  Definitions.
                    Unless
                    otherwise specified in a Confirmation, this Agreement and each
                    Transaction
                    under this Agreement are subject to the 2000 ISDA Definitions
                    as published
                    and copyrighted in 2000 by the International Swaps and Derivatives
                    Association, Inc. (the “Definitions”),
                    and will be governed in all relevant respects by the provisions
                    set forth
                    in the Definitions, without regard to any amendment to the Definitions
                    subsequent to the date hereof. The provisions of the Definitions
                    are
                    hereby incorporated by reference in and shall be deemed a part
                    of this
                    Agreement, except that (i) references in the Definitions to a
“Swap
                    Transaction” shall be deemed references to a “Transaction” for purposes of
                    this Agreement, and (ii) references to a “Transaction” in this Agreement
                    shall be deemed references to a “Swap Transaction” for purposes of the
                    Definitions. Each term capitalized but not defined in this Agreement
                    shall
                    have the meaning assigned thereto in the Pooling and Servicing
                    Agreement.

                

        

         

        (b)        
           Amendments
          to ISDA Master Agreement.

        

        
          	 	
                  (i)

                	
                  Single
                    Agreement.
                    Section 1(c) is hereby amended by the adding the words “including, for the
                    avoidance of doubt, the Credit Support Annex” after the words “Master
                    Agreement”. 

                

        

        

        
          	 	
                  (ii)

                	
                  [Reserved.]
                    

                

        

        

        
          	 	
                  (iii)

                	
                  [Reserved.]

                

        

        

        
          	 	
                  (iv)

                	
                  Representations.
                    Section 3 is hereby amended by adding at the end thereof the
                    following
                    subsection (g): 

                

        

        

        
          	 	
                  “(g)

                	
                  Relationship
                    Between Parties. 

                

        

        

        
          	 	
                  (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, (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, (iii) it is not relying on any
                    communication
                    (written or oral) of the other party as investment advice or
                    as a
                    recommendation to enter into this Transaction; it being understood
                    that
                    information and explanations related to the terms and conditions
                    of this
                    Transaction shall not be considered investment advice or a recommendation
                    to enter into this Transaction, and (iv) it has not received
                    from the
                    other party any assurance or guaranty as to the expected results
                    of this
                    Transaction.

                

        

         

        
          	 	
                  (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 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 is an “eligible swap participant” as such term is
                    defined in, Section 35.1(b)(2) of the regulations (17 C.F.R.
                    35)
                    promulgated under, and an “eligible contract participant” as defined in
                    Section 1(a)(12) of the Commodity Exchange Act, as
                    amended.”

                

        

        

        
          	 	
                  (v)

                	
                  Transfer
                    to Avoid Termination Event.
                    Section 6(b)(ii) is hereby amended by (i) deleting the words
“or if a Tax
                    Event Upon Merger occurs and the Burdened Party is the Affected
                    Party,”
                    and (ii) deleting the last paragraph thereof and inserting the
                    following
                    in lieu thereof:

                

        

        

        “Notwithstanding
          anything to the contrary in Section 7 (as amended herein) and Part 5(f),
          any
          transfer by Party A under this Section 6(b)(ii) shall not require the consent
          of
          Party B for such transfer if the following conditions are
          satisfied:

        

        
          	 	
                  (1)

                	
                  the
                    transferee (the “Section 6 Transferee”) is an Eligible
                    Replacement;

                

        

        

        
          	 	
                  (2)

                	
                  if
                    the Section 6 Transferee is domiciled in a different country
                    or political
                    subdivision thereof from both Party A and Party B, such transfer
                    satisfies
                    the Rating Agency Condition;

                

        

        

        
          	 	
                  (3)

                	
                  the
                    Section 6 Transferee will not, as a result of such transfer,
                    be required
                    on the next succeeding Scheduled Payment Date to withhold or
                    deduct on
                    account of any Tax (except in respect of default interest) amounts
                    in
                    excess of that which Party A would, on the next succeeding Scheduled
                    Payment Date have been required to so withhold or deduct unless
                    the
                    Section 6 Transferee would be required to make additional payments
                    pursuant to Section 2(d)(i)(4) corresponding to such excess;
                    

                

        

        

        
          	 	
                  (4)

                	
                  a
                    Termination Event or Event of Default does not occur as a result
                    of such
                    transfer; and

                

        

        

        
          	 	
                  (5)

                	
                  the
                    Section 6 Transferee confirms in writing that it will accept
                    all of the
                    interests and obligations in and under this Agreement which are
                    to be
                    transferred to it in accordance with the terms of this
                    provision.”

                

        

        

        
          	 	
                  (vi)

                	
                  Jurisdiction.
                    Section
                    13(b) is hereby amended by: (i) deleting in the second line of
                    subparagraph (i) thereof the word "non-", (ii) deleting “; and” from the
                    end of subparagraph 1 and inserting “.” in lieu thereof, and (iii)
                    deleting the final paragraph
                    thereof.

                

        

        

        
          	 	
                  (vii)

                	
                  Local
                    Business Day.
                    The definition of Local Business Day in Section 14 is hereby
                    amended by
                    the addition of the words “or any Credit Support Document” after “Section
                    2(a)(i)” and the addition of the words “or Credit Support Document” after
                    “Confirmation”. 

                

        

        

        
          	
                  (c)

                	
                  Additional
                    Termination Events.
                    The following Additional Termination Events will
                    apply:

                

        

        

        (i)
                 S&P/Fitch
          First Level Downgrade.
          If an
          S&P/Fitch Approved Ratings Downgrade Event has occurred and is continuing
          and Party A fails to take any action described under Part (5)(d)(i)(1),
          within
          the time period specified therein, then an Additional Termination Event
          shall
          have occurred with respect to Party A, Party A shall be the sole Affected
          Party
          with respect to such Additional Termination Event and all Transactions
          hereunder
          shall be Affected Transaction.

        

        (ii)
                Moody’s
          First Rating Trigger Collateral.
          If (A)
          it is not the case that a Moody’s Second Trigger Ratings Event has occurred and
          been continuing for 30 or more Local Business Days and (B) Party
          A
          has failed to comply with or perform any obligation to be complied with
          or
          performed by Party A in accordance with the Credit Support Annex, then
          an
          Additional Termination Event shall have occurred with respect to Party
          A, Party
          A shall be the sole Affected Party with respect to such Additional Termination
          Event and all Transactions hereunder shall be Affected Transactions.

        

        (iii)
               S&P/Fitch
          Second Level Downgrade.
          If an
          S&P/Fitch Required Ratings Downgrade Event has occurred and is continuing
          and Party A fails to take any action described under Part (5)(d)(i)(2)
          within
          the time period specified therein, then an Additional Termination Event
          shall
          have occurred with respect to Party A, Party A shall be the sole Affected
          Party
          with respect to such Additional Termination Event and all Transactions
          hereunder
          shall be Affected Transaction.

        

        (iv)   
           Moody’s
          Second Rating Trigger Replacement.
          If (A) a
          Moody’s Second Trigger Ratings Event has occurred and been continuing for 30
          or
          more Local Business Days and (B) (i) at least one Eligible Replacement
          has made
          a Firm Offer to be the transferee of all of Party A’s rights and obligations
          under this Agreement (and such Firm Offer remains an offer that will become
          legally binding upon such Eligible Replacement upon acceptance by the offeree)
          and/or (ii) an Eligible Guarantor has made a Firm Offer to provide an Eligible
          Guarantee (and such Firm Offer remains an offer that will become legally
          binding
          upon such Eligible Guarantor immediately upon acceptance by the offeree),
          then
          an Additional Termination Event shall have occurred with respect to Party
          A,
          Party A shall be the sole Affected Party with respect to such Additional
          Termination Event and all Transactions hereunder shall be Affected Transactions.
          

         

        (v)    
           Amendment
          of the Pooling and Servicing Agreement.
          If,
          without the prior written consent of Party A where such consent is required
          under the Pooling and Servicing Agreement (such consent not to be unreasonably
          withheld), an amendment is made to the Pooling and Servicing Agreement
          which
          amendment could reasonably be expected to have a material adverse effect
          on the
          interests of Party A under this Agreement, an Additional Termination Event
          shall
          have occurred with respect to Party B, Party B shall be the sole Affected
          Party
          with respect to such Additional Termination Event and all Transactions
          hereunder
          shall be Affected Transactions. 

        

        (vi)   
           Optional
          Termination of Securitization.
          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: (A) Party B shall be the
          sole
          Affected Party; (B) notwithstanding anything to the contrary in Section
          6(b)(iv)
          or Section 6(c)(i), the final Distribution Date specified in the Optional
          Termination Notice is hereby designated as the Early Termination Date for
          this
          Additional Termination Event in respect of all Affected Transactions; (C)
          Section 2(a)(iii)(2) shall not be applicable to any Affected Transaction
          in
          connection with the Early Termination Date resulting from this Additional
          Termination Event; notwithstanding anything to the contrary in Section
          6(c)(ii),
          payments and deliveries under Section 2(a)(i) or Section 2(e) in respect
          of the
          Terminated Transactions resulting from this Additional Termination Event
          will be
          required to be made through and including the Early Termination Date designated
          as a result of this Additional Termination Event; provided, for the avoidance
          of
          doubt, that any such payments or deliveries that are made on or prior to
          such
          Early Termination Date will not be treated as Unpaid Amounts in determining
          the
          amount payable in respect of such Early Termination Date; (D) notwithstanding
          anything to the contrary in Section 6(d)(i), (I) 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, Party A
          shall
          provide to the Trustee 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 (II) if the Trustee provides
          written
          notice (which may be done in electronic format) to Party A 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 Party A 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 Master Agreement
          (as
          amended herein) and provide to the Trustee in writing (which may be done
          in
          electronic format) the amount payable by either Party B or Party A in respect
          of
          the related Early Termination Date in connection with this Additional
          Termination Event; provided, however, that the amount payable by Party
          B, if
          any, in respect of the related Early Termination Date shall be the lesser
          of (x)
          the amount calculated to be due by Party B pursuant to Section 6(e) and
          (y) the
          Estimated Swap Termination Payment; and (E) notwithstanding anything to
          the
          contrary in this Agreement, any amount due from Party B to Party A in respect
          of
          this Additional Termination Event will be payable on the final Distribution
          Date
          specified in the Optional Termination Notice and any amount due from Party
          A to
          Party B in respect of this Additional Termination Event will be payable
          one
          Business Day prior to the final Distribution Date specified in the Optional
          Termination Notice.

        

        (vii)  
           [Reserved].

        

        (viii)
           Failure
          to Pay Class A Certificates.
          If the
          Securities Administrator on behalf of the Trust is unable to pay, or fails
          or
          admits in writing its inability to pay (1) on any Distribution Date, any
          Accrued
          Certificate Interest Distribution Amount with respect to the Class A
          Certificates or (2) by the Distribution Date immediately following the
          maturity
          date for the Mortgage Loan with the latest maturity date, 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, then an Additional Termination Event
          shall
          have occurred with respect to Party B, Party B shall be the sole Affected
          Party
          and all Transactions hereunder shall be Affected Transactions.

        

        
          	
                  (d)

                	
                  Rating
                    Agency Downgrade.  

                

        

        

        (i)         
           S&P/Fitch
          Downgrade:

        

        
          	 	
                  (1)

                	
                  In
                    the event that an S&P/Fitch Approved Ratings Downgrade Event occurs
                    and is continuing, then within 30 days after such rating downgrade,
                    Party
                    A shall, subject to the Rating Agency Condition with respect
                    to S&P
                    and Fitch, at its own expense, either (i) procure a Permitted
                    Transfer,
                    (ii) obtain an Eligible Guarantee or (iii) post collateral in
                    accordance
                    with the Credit Support Annex.

                

        

        

        
          	 	
                  (2)

                	
                  In
                    the event that an S&P/Fitch Required Ratings Downgrade Event occurs
                    and is continuing, then within 10 Local Business Days after such
                    rating
                    withdrawal or downgrade, Party A shall, subject to the Rating
                    Agency
                    Condition with respect to S&P and Fitch, at its own expense, procure
                    either (i) a Permitted Transfer or (ii) an Eligible
                    Guarantee.

                

        

        

        (ii)        
            Moody’s
          Downgrade.

        

        
          	 	
                  (1)
                    

                	
                  In
                    the event that a Moody’s Second Trigger Ratings Event occurs and is
                    continuing, Party A shall, as soon as reasonably practicable
                    thereafter,
                    at its own expense and using commercially reasonable efforts,
                    either (i)
                    procure a Permitted Transfer or (ii) obtain an Eligible Guarantee.
                    

                

        

        

        
          	
                  (e)
                    

                	
                  Compliance
                    with Regulation AB. 

                

        

        

        

        
          	 	
                  (i)
                    

                	
                  Bear
                    Stearns agrees and acknowledges that Financial Asset Securities
                    Corp.
                    (“Depositor”) is required under Regulation AB under the Securities Act of
                    1933, as amended (the “Act”), and the Securities Exchange Act of 1934, as
                    amended (the “Exchange Act”) (“Regulation AB”), to disclose certain
                    financial information regarding Bear Stearns or its group of
                    affiliated
                    entities, if applicable, depending on the aggregate “significance
                    percentage” of this Agreement and any other derivative contracts between
                    Bear Stearns 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/cap disclosure event (“Swap Disclosure Event”) if, on any
                    Business Day after the date hereof, Depositor requests from Bear
                    Stearns
                    the applicable financial information described in Item 1115 of
                    Regulation
                    AB (such request to be based on a reasonable determination by
                    Depositor,
                    in good faith, that such information is required under Regulation
                    AB with
                    respect to this Transaction) (the “Swap Financial
                    Disclosure”).

                

        

         

        
          	 	
                  (iii)
                    

                	
                  Upon
                    the occurrence of a Swap Disclosure Event, Bear Stearns, at its
                    own
                    expense, shall either (1)(a) (i) provide to Depositor 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 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
                    Depositor, and (c) provide to Depositor any updated Swap Financial
                    Disclosure with respect to Bear Stearns within five days of the
                    release of
                    any such updated Swap Financial Disclosure (but in no event more
                    than 45
                    days after the end of each of Bear Stearns’s fiscal quarter for any
                    quarterly update); (2) secure another entity to replace Bear
                    Stearns as
                    party to this Agreement by way of a Permitted Transfer on terms
                    substantially similar to this Agreement, which entity (or a guarantor
                    therefore) satisfies the Rating Agency Condition and which entity
                    is able
                    to comply with the requirements of Item 1115 of Regulation AB
                    and rule
                    3-10(b) of Regulation S-X, or (3) obtain a guaranty of Bear Stearns’s
                    obligations under this Agreement from an affiliate of Bear Stearns
                    that is
                    able to comply with the financial information disclosure requirements
                    of
                    Item 1115 of Regulation AB and rule 3-10(b) of Regulation S-X,
                    and cause
                    such affiliate to provide Swap Financial Disclosure and any future
                    Swap
                    Financial Disclosure, such that disclosure provided in respect
                    of such
                    affiliate will satisfy any disclosure requirements applicable
                    to the Swap
                    Provider.

                

        

         

        
          	 	
                  (iv)
                    

                	
                  (a)
                    Bear Stearns hereby agrees to indemnify and hold harmless Depositor,
                    the
                    respective present and former directors, officers, employees
                    and agents of
                    each of the foregoing and each person, if any, who controls Depositor
                    within the meaning of Section 15 of the Act, or Section 20 of
                    the Exchange
                    Act, from and against any and all losses, claims, liabilities,
                    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 as and when such losses, claims, liabilities, damages,
                    penalties,
                    fines forfeitures, legal fees or expenses or related costs, judgments,
                    or
                    any other costs, fees or expenses are incurred, insofar as such
                    losses,
                    claims, liabilities, damages, penalties, fines forfeitures, legal
                    fees or
                    expenses or related costs, judgments, or any other costs, fees
                    or expenses
                    (or actions in respect thereof) arise out of or are based upon
                    any untrue
                    statement or alleged untrue statement of any material fact contained
                    in
                    the Swap Financial Disclosure, or arise out of, or are based
                    upon, the
                    omission or alleged omission to state in the Swap Financial Disclosure
                    any
                    material fact required to be stated therein or necessary to make
                    the
                    statements in the Swap Financial Disclosure, as applicable, in
                    light of
                    the circumstances under which they were made, not misleading,
                    and Bear
                    Stearns shall reimburse Depositor, the present and former respective
                    officers, directors, employees and agents of each of the foregoing
                    and any
                    such controlling person for any legal or other expenses reasonably
                    incurred by it or any of them in connection with investigating
                    or
                    defending any such losses, claims, liabilities, damages, penalties,
                    fines,
                    forfeitures, legal fees or expenses or related costs, judgments,
                    or any
                    other costs, fees or expenses, as and when
                    incurred.

                

        

         

        (b)
          If
          (i) Bear Stearns fails to provide the Swap Financial Disclosure or any
          required
          auditor’s consents to Depositor pursuant to Section 16(iii) hereof (a “Swap
          Financial Disclosure Failure”), (ii) as a result of such Swap Financial
          Disclosure Failure an Early Termination Date is designated hereunder by
          Counterparty and (iii) such Swap Financial Disclosure Failure results in
          a
          failure by Depositor to file a report required by the Exchange Act, Bear
          Stearns
          hereby agrees to reimburse Depositor, the present and former respective
          officers, directors, employees and agents of each of the foregoing and
          any such
          controlling person for any legal or other expenses reasonably incurred
          by it or
          any of them in connection with the investigation or defense of any inquiry
          or
          investigation by the Securities and Exchange Commission resulting from
          such Swap
          Financial Disclosure Failure; provided that in no event shall Bear Stearns
          be
          required to indemnify Depositor, the present and former respective officers,
          directors, employees and agent of each of the foregoing and any such controlling
          person for any lost profit or damages with respect to this Transaction
          or any
          other transaction (whether such lost profit or damages is characterized
          as
          indirect, punitive, consequential, special damages or otherwise), even
          if at the
          time of such failure Bear Stearns is aware of the possibility of such lost
          profit or damages.

         

        
          	 	
                  (v)

                	
                  Depositor
                    shall be an express third party beneficiary of this Agreement
                    as if a
                    party hereto to the extent of Depositor’s rights explicitly specified in
                    this Part 5(e).

                

        

        

        
          	
                  (f)

                	
                  Transfers. 

                

        

         

        (i)         
           Section
          7
          is hereby amended to read in its entirety as follows:

         

        “Except
          with respect to a Permitted Transfer pursuant to Section 6(b)(ii), Part
          5(d),
          Part 5(b)(v) or the succeeding sentence, neither Party A nor Party B is
          permitted to assign, novate or transfer (whether by way of security or
          otherwise) as a whole or in part any of its rights, obligations or interests
          under the Agreement or any Transaction unless (a) the prior written consent
          of
          the other party is obtained and (b) the Rating Agency Condition has been
          satisfied with respect to S&P and Fitch. At any time at which no Relevant
          Entity has credit ratings at least equal to the Approved Ratings Threshold,
          Party A may make a Permitted Transfer.” 

         

        
          	 	
                  (ii)

                	
                  If
                    an Eligible Replacement has made a Firm Offer (which remains
                    an offer that
                    will become legally binding upon acceptance by Party B) to be
                    the
                    transferee pursuant to a Permitted Transfer, Party B shall, at
                    Party A’s
                    written request and at Party A’s expense, execute such documentation
                    provided to it as is reasonably deemed necessary by Party A to
                    effect such
                    transfer. 

                

        

         

        
          	
                  (g)

                	
                  Non-Recourse.
                    Party A acknowledges and agree that, notwithstanding any provision
                    in this
                    Agreement to the contrary, the obligations of Party B hereunder
                    are
                    limited recourse obligations of Party B, payable solely from
                    the
                    Supplemental Interest Trust and the proceeds thereof, in accordance
                    with
                    the priority of payments and other terms of the Pooling and Servicing
                    Agreement and that Party A will not have any recourse to any
                    of the
                    directors, officers, agents, employees, shareholders or affiliates
                    of
                    Party B with respect to any claims, losses, damages, liabilities,
                    indemnities or other obligations in connection with any transactions
                    contemplated hereby. In the event that the Supplemental Interest
                    Trust and
                    the proceeds thereof, should be insufficient to satisfy all claims
                    outstanding and following the realization of the Supplemental
                    Interest
                    Trust and the proceeds thereof, any claims against or obligations
                    of Party
                    B under this Agreement or any other confirmation thereunder still
                    outstanding shall be extinguished and thereafter not revive.
                    The
                    Supplemental Interest Trust Trustee shall not have liability
                    for any
                    failure or delay in making a payment hereunder to Party A due
                    to any
                    failure or delay in receiving amounts in the Supplemental Interest
                    Trust
                    from the Trust created pursuant to the Pooling and Servicing
                    Agreement.
                    This provision will survive the termination of this
                    Agreement.

                

        

        

        
          	
                  (h)

                	
                  Timing
                    of Payments
                    by Party B upon Early Termination.
                    Notwithstanding anything to the contrary in Section 6(d)(ii),
                    to the
                    extent that all or a portion (in either case, the “Unfunded Amount”) of
                    any amount that is calculated as being due in respect of any
                    Early
                    Termination Date under Section 6(e) from Party B to Party A will
                    be paid
                    by Party B from amounts other than any upfront payment paid to
                    Party B by
                    an Eligible Replacement that has entered a Replacement Transaction
                    with
                    Party B, then such Unfunded Amount shall be due on the next subsequent
                    Distribution Date following the date on which the payment would
                    have been
                    payable as determined in accordance with Section 6(d)(ii), and
                    on any
                    subsequent Distribution Dates until paid in full (or if such
                    Early
                    Termination Date is the final Distribution Date, on such final
                    Distribution Date); provided, however, that if the date on which
                    the
                    payment would have been payable as determined in accordance with
                    Section
                    6(d)(ii) is a Distribution Date, such payment will be payable
                    on such
                    Distribution Date.

                

        

        

        
          	
                  (i)

                	
                  Rating
                    Agency Notifications. Notwithstanding
                    any other provision of this Agreement, no Early Termination Date
                    shall be
                    effectively designated hereunder by Party B and no transfer of
                    any rights
                    or obligations under this Agreement shall be made by either party
                    unless
                    each Swap Rating Agency has been given prior written notice of
                    such
                    designation or transfer. 

                

        

        

        
          	
                  (j)

                	
                  No
                    Set-off.
                    Except as expressly provided for in Section 2(c), Section 6 or
                    Part
                    1(f)(i)(D) hereof, and notwithstanding any other 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.
                    Section 6(e) shall be amended by deleting the following sentence:
“The
                    amount, if any, payable in respect of an Early Termination Date
                    and
                    determined pursuant to this Section will be subject to any
                    Set-off.”.

                

        

         

        
          	
                  (k)

                	
                  Amendment.
                    Notwithstanding any provision to the contrary in this Agreement,
                    no
                    amendment of either this Agreement or any Transaction under this
                    Agreement
                    shall be permitted by either party unless each of the Swap Rating
                    Agencies
                    has been provided prior written notice of the same and such amendment
                    satisfies the Rating Agency Condition with respect to S&P and
                    Fitch.

                

        

        

        
          	
                  (l)

                	
                  Notice
                    of Certain Events or Circumstances.
                    Each Party agrees, upon learning of the occurrence or existence
                    of any
                    event or condition that constitutes (or that with the giving
                    of notice or
                    passage of time or both would constitute) an Event of Default
                    or
                    Termination Event with respect to such party, promptly to give
                    the other
                    Party and to each Swap Rating Agency notice of such event or
                    condition;
                    provided that failure to provide notice of such event or condition
                    pursuant to this Part 5(l) shall not constitute an Event of Default
                    or a
                    Termination Event.

                

        

         

        (m)       
           Proceedings.
          No
          Relevant Entity shall institute against, or cause any other person to institute
          against, or join any other person in instituting against Party B, the
          Supplemental Interest Trust, or the trust formed pursuant to the Pooling
          and
          Servicing Agreement, in 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 (or, if longer, the
          applicable preference period) and one day following payment in full of
          the
          Certificates and any Notes. This provision will survive the termination
          of this
          Agreement. 

        

        
          	
                  (n)

                	
                  Supplemental
                    Interest Trust Trustee Liability Limitations.
                    It
                    is expressly understood and agreed by the parties hereto that
                    (a) this
                    Agreement is executed by Wells Fargo Bank, N.A. (“Wells”) not in its
                    individual capacity, but solely as Supplemental Interest Trust
                    Trustee
                    under the Pooling and Servicing Agreement in the exercise of
                    the powers
                    and authority conferred and invested in it thereunder; (b) Wells
                    has been
                    directed pursuant to the Pooling and Servicing Agreement to enter
                    into
                    this Agreement and to perform its obligations hereunder; (c)
                    each of the
                    representations, undertakings and agreements herein made on behalf
                    of the
                    Supplemental Interest Trust is made and intended not as personal
                    representations of Wells but is made and intended for the purpose
                    of
                    binding only the Supplemental Interest Trust; and (d) under no
                    circumstances shall Wells
                    in its individual capacity be personally liable for any payments
                    hereunder
                    or for the breach or failure of any obligation, representation,
                    warranty
                    or covenant made or undertaken under this
                    Agreement.

                

        

        

        
          	
                  (o)

                	
                  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) in any respect,
                    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; provided, however, that this severability provision
                    shall not be
                    applicable if any provision of Section 2, 5, 6, or 13 (or any
                    definition
                    or provision in Section 14 to the extent it relates to, or is
                    used in or
                    in connection with any such Section) shall be so held to be invalid
                    or
                    unenforceable. 

                

        

        

        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. 

        

        
          	
                  (p)

                	
                  Agent
                    for Party B. Party
                    A acknowledges that Party B has appointed the Supplemental Interest
                    Trust
                    Trustee and
                    the Trust Administrator as its agents under the Pooling and Servicing
                    Agreement and the Swap Administration Agreement to carry out
                    certain
                    functions on behalf of Party B, and that the Supplemental Interest
                    Trust
                    Trustee and the Trust Administrator shall be entitled to give
                    notices and
                    to perform and satisfy the obligations of Party B hereunder on
                    behalf of
                    Party B.

                

        

         

        
          	
                  (q)

                	
                  [Reserved].

                

        

        

        
          	
                  (r)

                	
                  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 trading, marketing, and operations personnel of the parties
                    and
                    their Affiliates, waives any further notice of such monitoring
                    or
                    recording, and agrees to notify such personnel of such monitoring
                    or
                    recording. 

                

        

         

        
          	
                   (s)

                	
                  Waiver
                    of Jury Trial.
                    Each party waives any right it may have to a trial by jury in
                    respect of
                    any suit, action or proceeding relating to this Agreement or
                    any Credit
                    Support Document. 

                

        

        

        
          	
                  (t)

                	
                  Form
                    of ISDA Master Agreement. Party
                    A and Party B hereby agree that the text of the body of the ISDA
                    Master
                    Agreement is intended to be the printed form of the ISDA Master
                    Agreement
                    (Multicurrency - Crossborder) as published and copyrighted in
                    1992 by the
                    International Swaps and Derivatives Association,
                    Inc.

                

        

        

        
          	
                  (u)

                	
                  Payment
                    Instructions.
                    Party A hereby agrees that, unless notified in writing by Party
                    B of other
                    payment instructions, any and all amounts payable by Party A
                    to Party B
                    under this Agreement shall be paid to the account specified in
                    Item 4 of
                    this Confirmation, below. 

                

        

        

        
          	
                  (v)

                	
                  Capacity.
                    Party A represents to Party B on the date on which Party A enters
                    into
                    this Agreement that it is entering into the Agreement and the
                    Transaction
                    as principal and not as agent of any person. The Supplemental
                    Interest
                    Trust Trustee represents
                    to Party A on the date on which Party
                    B enters
                    into this Agreement that the Supplemental Interest Trust Trustee
                    is
                    executing the Agreement not in its individual capacity, but solely
                    as
                    Supplemental Interest Trust Trustee on behalf of the Supplemental
                    Interest
                    Trust.

                

        

        

        
          	
                  (w)

                	
                  Substantial
                    financial transactions.
                    Each party hereto is hereby advised and acknowledges as of the
                    date hereof
                    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 shall be deemed repeated
                    on the
                    trade date of each Transaction.

                

        

        

        
          	
                  (x)

                	
                  [Reserved].

                

        

        

        
          	
                  (y)

                	
                  [Reserved].

                

        

        

        (z)         
           Additional
          Definitions. 

         

        As
          used
          in this Agreement, the following terms shall have the meanings set forth
          below,
          unless the context clearly requires otherwise: 

         

        “Approved
          Ratings Threshold”
          means
          each of the S&P Approved Ratings Threshold, the Moody’s First Trigger
          Ratings Threshold, and the Fitch Approved Ratings Threshold.

        

        “Approved
          Replacement” means,
          with respect to a Market Quotation, an entity making such Market Quotation,
          which entity would satisfy conditions (a), (b), (c) and (d)of the definition
          of
          Permitted Transfer (as determined by Party B in its sole discretion, acting
          in a
          commercially reasonable manner) if such entity were a Transferee, as defined
          in
          the definition of Permitted Transfer.

        

        “Eligible
          Guarantee”
          means an
          unconditional and irrevocable guarantee of all present and future payment
          obligations and obligations to post collateral of Party A or an Eligible
          Replacement to Party B under this Agreement that is provided by an Eligible
          Guarantor as principal debtor rather than surety and that is directly
          enforceable by Party B, the form and substance of which guarantee are subject
          to
          the Rating Agency Condition with respect to S&P and Fitch.

        

        “Eligible
          Guarantor” means
          an
          entity that (A) has credit ratings from S&P at least equal to the S&P
          Approved Ratings Threshold and from Fitch at least equal to the Fitch Approved
          Ratings Threshold and (B) has credit ratings from Moody’s at least equal to the
          Moody’s Second Trigger Ratings Threshold, provided, for the avoidance of doubt,
          that an Eligible Guarantee of an Eligible Guarantor with credit ratings
          below
          the Moody’s First Trigger Ratings Threshold will not cause a Collateral Event
          (as defined in the Credit Support Annex) not to occur or continue with
          respect
          to Moody’s.  

        

        “Eligible
          Replacement”
          means an
          entity (A) (i) (a) that has credit ratings from S&P at least equal to the
          S&P Approved Ratings Threshold and from Fitch at least equal to the Fitch
          Approved Ratings Threshold, and (b) has credit ratings from Moody’s at least
          equal to the Moody’s Second Trigger Ratings Threshold, provided, for the
          avoidance of doubt, that an Eligible Replacement with credit ratings below
          the
          Moody’s First Trigger Ratings Threshold will not cause a Collateral Event (as
          defined in the Credit Support Annex) not to occur or continue with respect
          to
          Moody’s, or (ii) the present and future obligations (for the avoidance of doubt,
          not limited to payment obligations) of which entity to Party B under this
          Agreement are guaranteed pursuant to an Eligible Guarantee and (B) that
          has
          executed an Item 1115 Agreement with Depositor and Sponsor. 

        

        “Estimated
          Swap Termination Payment”
          means,
          with respect to an Early Termination Date, an amount determined by Party
          A in
          good faith and in a commercially reasonable manner as the maximum payment
          that
          could be owed by Party B to Party A in respect of such Early Termination
          Date
          pursuant to Section 6(e) of the ISDA Master Agreement, taking into account
          then
          current market conditions.

        

        “Firm
          Offer”
          means
          (A) with respect to an Eligible Replacement, a quotation from such Eligible
          Replacement (i) in an amount equal to the actual amount payable by or to
          Party B
          in consideration of an agreement between Party B and such Eligible Replacement
          to replace Party A as the counterparty to this Agreement by way of novation
          or,
          if such novation is not possible, an agreement between Party B and such
          Eligible
          Replacement to enter into a Replacement Transaction (assuming that all
          Transactions hereunder become Terminated Transactions), and (ii) that
          constitutes an offer by such Eligible Replacement to replace Party A as
          the
          counterparty to this Agreement or enter a Replacement Transaction that
          will
          become legally binding upon such Eligible Replacement upon acceptance by
          Party
          B, and (B) with respect to an Eligible Guarantor, an offer by such Eligible
          Guarantor to provide an Eligible Guarantee that will become legally binding
          upon
          such Eligible Guarantor upon acceptance by the offeree.

        

        “Fitch”
          means
          Fitch Ratings Ltd., or any successor thereto. 

        

        “Fitch
          Approved Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a long-term unsecured and unsubordinated debt rating
          from
          Fitch of “A” and a short-term unsecured and unsubordinated debt rating from
          Fitch of “F1”.

        

        “Fitch
          Required Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a long-term unsecured and unsubordinated debt rating
          from
          Fitch of “BBB-”.

        

        “Moody’s”
          means
          Moody’s Investors Service, Inc., or any successor thereto. 

        

        “Moody’s
          First Trigger Ratings Event”
          means
          that no Relevant Entity has credit ratings from Moody’s at least equal to the
          Moody’s First Trigger Ratings Threshold. 

        

        “Moody’s
          First Trigger Ratings Threshold” means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, (i) if such entity has a short-term unsecured and
          unsubordinated debt rating from Moody’s, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a
          short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1”,
          or (ii) if such entity does not have a short-term unsecured and unsubordinated
          debt rating or counterparty rating from Moody’s, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from Moody’s of
“A1”.

        

        “Moody’s
          Second Trigger Ratings Event”
          means
          that no Relevant Entity has credit ratings from Moody’s at least equal to the
          Moody’s Second Trigger Ratings Threshold. 

        

        “Moody’s
          Second Trigger Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, (i) if such entity has a short-term unsecured and
          unsubordinated debt rating from Moody’s, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a
          short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”,
          or (ii) if such entity does not have a short-term unsecured and unsubordinated
          debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating
          or counterparty rating from Moody’s of “A3”.

        

        “Permitted
          Transfer” means
          a
          transfer by novation by Party A pursuant to Section 6(b)(ii), Part 5(d),
          Part
          5(b)(v) Part 5(e), or the second sentence of Section 7 (as amended herein)
          to a
          transferee (the “Transferee”)
          of all,
          but not less than all, of Party A’s rights, liabilities, duties and obligations
          under this Agreement, with
          respect to which transfer each of the following conditions is
          satisfied:
          (a) the
          Transferee is an Eligible Replacement; (b) Party A and the Transferee are
          both
“dealers in notional principal contracts” within the meaning of Treasury
          regulations section 1.1001-4 (in each case as certified by such entity);
          (c) as
          of the date of such transfer the Transferee would not be required to withhold
          or
          deduct on account of Tax from any payments under this Agreement or would
          be
          required to gross up for such Tax under Section 2(d)(i)(4); (d) an Event
          of
          Default or Termination Event would not occur as a result of such transfer;
          (e)
          pursuant to a written instrument (the “Transfer
          Agreement”),
          the
          Transferee acquires and assumes all rights and obligations of Party A under
          the
          Agreement and the relevant Transaction; (f) Party B shall have determined,
          in
          its sole discretion, acting in a commercially reasonable manner, that such
          Transfer Agreement is effective to transfer to the Transferee all, but
          not less
          than all, of Party A’s rights and obligations under the Agreement and all
          relevant Transactions; (g) Party A will be responsible for any costs or
          expenses
          incurred in connection with such transfer (including any replacement cost
          of
          entering into a replacement transaction); (h) either (A) Moody’s has been given
          prior written notice of such transfer and the Rating Agency Condition is
          satisfied with respect to S&P and Fitch or (B) each Swap Rating Agency has
          been given prior written notice of such transfer and such transfer is in
          connection with the assignment and assumption of this Agreement without
          modification of its terms, other than party names, dates relevant to the
          effective date of such transfer, tax representations (provided that the
          representations in Part 2(a)(i) are not modified) and any other representations
          regarding the status of the substitute counterparty of the type included
          in Part
          5(b)(iv), Part 5(v)(i)(2) or Part 5(v)(ii), notice information and account
          details; and (i) such transfer otherwise complies with the terms of the
          Pooling
          and Servicing Agreement.

         

        “Rating
          Agency Condition”
          means,
          with respect to any particular proposed act or omission to act hereunder
          and
          each Swap Rating Agency specified in connection with such proposed act
          or
          omission, that the party acting or failing to act must consult with each
          of the
          specified Swap Rating Agencies and receive from each such Swap 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
          or
          Notes.

        

        “Relevant
          Entity” means
          Party A and, to the extent applicable, a guarantor under an Eligible
          Guarantee.

        

        “Replacement
          Transaction”
          means,
          with respect to any Terminated Transaction or group of Terminated Transactions,
          a transaction or group of transactions that (i) would have the effect of
          preserving for Party B the economic equivalent of any payment or delivery
          (whether the underlying obligation was absolute or contingent and assuming
          the
          satisfaction of each applicable condition precedent) by the parties under
          Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated
          Transactions that would, but for the occurrence of the relevant Early
          Termination Date, have been required after that Date, and (ii) has terms
          which
          are substantially the same as this Agreement, including, without limitation,
          rating triggers, Regulation AB compliance, and credit support documentation,
          save for the exclusion of provisions relating to Transactions that are
          not
          Terminated Transaction, as determined by Party B in its sole discretion,
          acting
          in a commercially reasonable manner.

        

        “Required
          Ratings Downgrade Event”
          means
          that no Relevant Entity has credit ratings at least equal to the Required
          Ratings Threshold. For purposes of determining whether a Required Ratings
          Downgrade Event has occurred, each Relevant Entity shall provide its credit
          ratings to Party B in writing, upon request of Party B.

        

        “Required
          Ratings Threshold” means
          each of the S&P Required Ratings Threshold, the Moody’s Second Trigger
          Ratings Threshold and the Fitch Required Ratings Threshold.

        

        “S&P”
          means
          Standard & Poor's Rating Services, a division of The McGraw-Hill Companies,
          Inc., or any successor thereto. 

        

        “S&P/Fitch
          Approved Ratings Downgrade Event”
          means
          that no Relevant Entity has credit ratings at least equal to the S&P
          Approved Ratings Threshold and the Fitch Approved Ratings
          Threshold.

        

        “S&P
          Approved Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a short-term unsecured and unsubordinated debt rating
          from
          S&P of “A-1”, or, if such entity does not have a short-term unsecured and
          unsubordinated debt rating from S&P, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from S&P of
“A+”.

        

        “S&P/Fitch
          Required Ratings Downgrade Event”
          means
          that no Relevant Entity has credit ratings at least equal to the S&P
          Required Ratings Threshold and the Fitch Required Ratings
          Threshold.

        

        “S&P
          Required Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a long-term unsecured and unsubordinated debt rating
          or
          counterparty rating from S&P of “BBB-”.

        

        “Swap
          Rating Agencies”
          means,
          with respect to any date of determination, each of S&P, Moody’s and Fitch,
          to the extent that each such rating agency is then providing a rating for
          any of
          the Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series
          2007-1
          (the “Certificates”) or any notes backed by the Certificates (the
“Notes”).

        

         

        [Remainder
          of this page intentionally left blank.]

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        4.          
           Account
          Details and Settlement Information:  

         

        

          
            	
                    Payments
                      to Party A:

                  	 
	 	 
	
                    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 Party B:

                  	 
	 	 
	
                    Wells
                      Fargo Bank, NA

                  
	
                    San
                      Francisco, CA

                  
	
                    ABA#
                      121-000-248

                  
	
                    Acct#
                      3970771416

                  
	
                    Acct
                      Name: SAS Clearing

                  
	
                    FFC:
                      50992402

                  

          

        

        NEITHER
          THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE
          BEAR
          STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT
          PROVIDER ON THIS AGREEMENT.

        

        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.

        

        Party
          B
          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 Party A a facsimile of the fully-executed
          Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions,
          please
          contact Derivatives Documentation by telephone at 212-272-2711. 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.

         

         

        

        

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        

        SCHEDULE
          I

        (where
          for the purposes of (i) determining Floating Amounts, all such dates subject
          to
          adjustment in 

        accordance
          with the Business Day Convention and (ii) determining Fixed Amounts, all
          such
          dates subject to 

        No
          Adjustment.)

        

        
          	
                  From
                    and including

                	 	
                  To
                    but excluding

                	 	
                  Notional
                    Amount

                  (USD)

                
	 	 	 	 	 
	
                  Effective
                    Date

                	 	
                  12/25/07
                    

                	 	
                  2,022,196.49
                    

                
	
                  12/25/07
                    

                	 	
                  01/25/08
                    

                	 	
                  1,954,307.21
                    

                
	
                  01/25/08
                    

                	 	
                  02/25/08
                    

                	 	
                  1,886,367.09
                    

                
	
                  02/25/08
                    

                	 	
                  03/25/08
                    

                	 	
                  1,819,539.43
                    

                
	
                  03/25/08
                    

                	 	
                  04/25/08
                    

                	 	
                  1,756,322.27
                    

                
	
                  04/25/08
                    

                	 	
                  05/25/08
                    

                	 	
                  1,687,565.51
                    

                
	
                  05/25/08
                    

                	 	
                  06/25/08
                    

                	 	
                  1,613,926.31
                    

                
	
                  06/25/08
                    

                	 	
                  07/25/08
                    

                	 	
                  1,540,862.69
                    

                
	
                  07/25/08
                    

                	 	
                  08/25/08
                    

                	 	
                  1,470,693.66
                    

                
	
                  08/25/08
                    

                	 	
                  09/25/08
                    

                	 	
                  1,411,632.72
                    

                
	
                  09/25/08
                    

                	 	
                  10/25/08
                    

                	 	
                  1,358,282.82
                    

                
	
                  10/25/08
                    

                	 	
                  11/25/08
                    

                	 	
                  1,310,024.40
                    

                
	
                  11/25/08
                    

                	 	
                  12/25/08
                    

                	 	
                  1,260,508.27
                    

                
	
                  12/25/08
                    

                	 	
                  01/25/09
                    

                	 	
                  1,029,112.93
                    

                
	
                  01/25/09
                    

                	 	
                  02/25/09
                    

                	 	
                  811,855.10
                    

                
	
                  02/25/09
                    

                	 	
                  03/25/09
                    

                	 	
                  777,641.28
                    

                
	
                  03/25/09
                    

                	 	
                  04/25/09
                    

                	 	
                  744,940.47
                    

                
	
                  04/25/09
                    

                	 	
                  05/25/09
                    

                	 	
                  687,171.74
                    

                
	
                  05/25/09
                    

                	 	
                  06/25/09
                    

                	 	
                  631,667.32
                    

                
	
                  06/25/09
                    

                	 	
                  07/25/09
                    

                	 	
                  601,259.97
                    

                
	
                  07/25/09
                    

                	 	
                  08/25/09
                    

                	 	
                  581,058.02
                    

                
	
                  08/25/09
                    

                	 	
                  09/25/09
                    

                	 	
                  562,753.10
                    

                
	
                  09/25/09
                    

                	 	
                  10/25/09
                    

                	 	
                  544,876.51
                    

                
	
                  10/25/09
                    

                	 	
                  11/25/09
                    

                	 	
                  527,711.96
                    

                
	
                  11/25/09
                    

                	 	
                  12/25/09
                    

                	 	
                  510,844.70
                    

                
	
                  12/25/09
                    

                	 	
                  01/25/10
                    

                	 	
                  482,116.10
                    

                
	
                  01/25/10
                    

                	 	
                  02/25/10
                    

                	 	
                  454,777.00
                    

                
	
                  02/25/10
                    

                	 	
                  03/25/10
                    

                	 	
                  440,488.87
                    

                
	
                  03/25/10
                    

                	 	
                  04/25/10
                    

                	 	
                  427,107.02
                    

                
	
                  04/25/10
                    

                	 	
                  05/25/10
                    

                	 	
                  414,140.13
                    

                
	
                  05/25/10
                    

                	 	
                  06/25/10
                    

                	 	
                  401,574.87
                    

                
	
                  06/25/10
                    

                	 	
                  07/25/10
                    

                	 	
                  389,398.39
                    

                
	
                  07/25/10
                    

                	 	
                  08/25/10
                    

                	 	
                  377,598.23
                    

                
	
                  08/25/10
                    

                	 	
                  09/25/10
                    

                	 	
                  366,162.37
                    

                
	
                  09/25/10
                    

                	 	
                  10/25/10
                    

                	 	
                  355,079.19
                    

                
	
                  10/25/10
                    

                	 	
                  11/25/10
                    

                	 	
                  344,337.47
                    

                
	
                  11/25/10
                    

                	 	
                  12/25/10
                    

                	 	
                  333,926.34
                    

                
	
                  12/25/10
                    

                	 	
                  01/25/11
                    

                	 	
                  323,771.16
                    

                
	
                  01/25/11
                    

                	 	
                  02/25/11
                    

                	 	
                  313,958.50
                    

                
	
                  02/25/11
                    

                	 	
                  03/25/11
                    

                	 	
                  304,375.94
                    

                
	
                  03/25/11
                    

                	 	
                  04/25/11
                    

                	 	
                  295,137.50
                    

                
	
                  04/25/11
                    

                	 	
                  05/25/11
                    

                	 	
                  282,919.30
                    

                
	
                  05/25/11
                    

                	 	
                  06/25/11
                    

                	 	
                  268,516.82
                    

                
	
                  06/25/11
                    

                	 	
                  07/25/11
                    

                	 	
                  259,463.07
                    

                
	
                  07/25/11
                    

                	 	
                  08/25/11
                    

                	 	
                  251,756.14
                    

                
	
                  08/25/11
                    

                	 	
                  09/25/11
                    

                	 	
                  244,333.66
                    

                
	
                  09/25/11
                    

                	 	
                  10/25/11
                    

                	 	
                  237,130.06
                    

                
	
                  10/25/11
                    

                	 	
                  11/25/11
                    

                	 	
                  230,135.87
                    

                
	
                  11/25/11
                    

                	 	
                  12/25/11
                    

                	 	
                  223,336.16
                    

                
	
                  12/25/11
                    

                	 	
                  01/25/12
                    

                	 	
                  213,894.96
                    

                
	
                  01/25/12
                    

                	 	
                  Termination
                    Date

                	 	
                  205,470.68
                    

                

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        Annex
          A

        

        Paragraph
          13 of the Credit Support Annex

        

        

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

           

          
 

          ANNEX
            A

          

          

          

          ISDA®

          CREDIT
            SUPPORT ANNEX

          to
            the
            Schedule to the

          ISDA
            Master Agreement

          dated
            as
            of February 28, 2007 between

          Bear
            Stearns Financial Products Inc. (hereinafter referred to as “Party
            A”
            or
“Pledgor”)

          and

          Wells
            Fargo Bank, N.A., not in its individual capacity, but solely as Supplemental
            Interest Trust Trustee on behalf of the Supplemental Interest Trust with
            respect
            to the Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series
            2007-1 

          (hereinafter
            referred to as “Party
            B”
            or
“Secured
            Party”)

          

          For
            the
            avoidance of doubt, and notwithstanding anything to the contrary that
            may be
            contained in the Agreement, this Credit Support Annex shall relate solely
            to the
            Transaction documented in the Confirmation dated February 28, 2007, between
            Party A and Party B, Reference Number FXNEC9255.

          

           

          Paragraph
            13. Elections and Variables.

           

          
            	(a)	
                    Security
                      Interest for “Obligations”.
                      The term “Obligations”
                      as
                      used in this Annex includes the following additional
                      obligations:

                  

          

           

          With
            respect to Party A: not applicable.

           

          With
            respect to Party B: not applicable.

           

          
            	(b)	
                    Credit
                      Support Obligations.

                  

          

           

          
            	
                  	(i)	
                    Delivery
                      Amount, Return Amount and Credit Support
                      Amount.

                  

          

           

          
            	
                  	(A)	
                    “Delivery
                      Amount”
                      has the meaning specified in Paragraph 3(a) as amended (I)
                      by deleting the
                      words “upon a demand made by the Secured Party on or promptly following
                      a
                      Valuation Date” and inserting in lieu thereof the words “not later than
                      the close of business on each Valuation Date” and (II) by deleting in its
                      entirety the sentence beginning “Unless otherwise specified in Paragraph
                      13” and ending “(ii) the Value as of that Valuation Date of all Posted
                      Credit Support held by the Secured Party.” and inserting in lieu thereof
                      the following:

                  

          

           

          The
            “Delivery
            Amount”
            applicable to the Pledgor for any Valuation Date will equal the greatest
            of

           

          
            
              
                	
                      	(1)	
                        the
                          amount by which (a) the S&P/Fitch Credit Support Amount for such
                          Valuation Date exceeds (b) the S&P/Fitch Value as of such Valuation
                          Date of all Posted Credit Support held by the Secured Party,
                          

                      

              

            

          

           

          
            
              
                	
                      	(2)	
                        the
                          amount by which (a) the Moody’s First Trigger Credit Support Amount for
                          such Valuation Date exceeds (b) the Moody’s First Trigger Value as of such
                          Valuation Date of all Posted Credit Support held by the
                          Secured Party,
                          and

                      

              

            

          

           

          
            
              
                	
                      	(3)	
                        the
                          amount by which (a) the Moody’s Second Trigger Credit Support Amount for
                          such Valuation Date exceeds (b) the Moody’s Second Trigger Value as of
                          such Valuation Date of all Posted Credit Support held by
                          the Secured
                          Party.

                      

              

            

          

           

          
            	
                  	(B)	
                    “Return
                      Amount”
                      has the meaning specified in Paragraph 3(b) as amended by deleting
                      in its
                      entirety the sentence beginning “Unless otherwise specified in Paragraph
                      13” and ending “(ii) the Credit Support Amount.” and inserting in lieu
                      thereof the following:

                  

          

           

          The
            “Return
            Amount”
            applicable to the Secured Party for any Valuation Date will equal the
            least of

           

          
            	 	
                    (1)
                      

                  	
                    the
                      amount by which (a) the S&P/Fitch Value as of such Valuation Date of
                      all Posted Credit Support held by the Secured Party exceeds
                      (b) the
                      S&P/Fitch Credit Support Amount for such Valuation Date,
                      

                  

          

           

          
            	 	
                    (2)
                      

                  	
                    the
                      amount by which (a) the Moody’s First Trigger Value as of such Valuation
                      Date of all Posted Credit Support held by the Secured Party
                      exceeds (b)
                      the Moody’s First Trigger Credit Support Amount for such Valuation Date,
                      and

                  

          

           

          
            	 	
                    (3)
                      

                  	
                    the
                      amount by which (a) the Moody’s Second Trigger Value as of such Valuation
                      Date of all Posted Credit Support held by the Secured Party
                      exceeds (b)
                      the Moody’s Second Trigger Credit Support Amount for such Valuation
                      Date.

                  

          

           

          
            	
                  	(C)	
                    “Credit
                      Support Amount”
                      shall not apply. For purposes of calculating any Delivery Amount
                      or Return
                      Amount for any Valuation Date, reference shall be made to the
                      S&P/Fitch Credit Support Amount, the Moody’s First Trigger Credit
                      Support Amount, or the Moody’s Second Trigger Credit Support Amount, in
                      each case for such Valuation Date, as provided in Paragraphs
                      13(b)(i)(A)
                      and 13(b)(i)(B), above.

                  

          

           

          
            	
                  	(ii)	
                    Eligible
                      Collateral.
                      

                  

          

           

          The
            items
            set forth on the schedule of Eligible Collateral attached as Schedule
            A hereto
            will qualify as “Eligible
            Collateral”
(for
            the avoidance of doubt, all Eligible Collateral described in (D) and
            (E) of
            column one of the Collateral Schedule to be denominated in USD).

           

          
            	
                  	(iii)	
                    Other
                      Eligible Support. 

                  

          

           

          The
            following items will qualify as “Other
            Eligible Support”
            for the
            party specified: 

           

          Not
            applicable.

           

          
            
              	
                    	(iv)	
                      Threshold.

                    

            

          

           

          
            	
                  	(A)	
                    “Independent
                      Amount”
                      means zero with respect to Party A and Party
                      B.

                  

          

           

          
            	
                  	(B)	
                    “Threshold”
                      means, with respect to Party A and any Valuation Date, zero
                      if (i) a
                      Collateral Event has occurred and has been continuing (x) for
                      at least 30
                      days or (y) since this Annex was executed or (ii) a Required
                      Ratings
                      Downgrade Event has occurred and is continuing; otherwise,
                      infinity.

                  

          

           

          “Threshold”
            means,
            with respect to Party B and any Valuation Date, infinity.

           

          
            	
                  	(C)	
                    “Minimum
                      Transfer Amount” means
                      USD 100,000 with respect to Party A and Party B; provided,
                      however, that
                      if the aggregate Certificate Principal Balance of the Certificates
                      and the
                      aggregate principal balance of the Notes rated by S&P is at the time
                      of any transfer less than USD 50,000,000, the “Minimum
                      Transfer Amount”
                      shall be USD 50,000.

                  

          

           

          
            	
                  	(D)	
                    Rounding:
                      The Delivery Amount will be rounded up to the nearest integral
                      multiple of
                      USD 10,000. The Return Amount will be rounded down to the nearest
                      integral
                      multiple of USD 10,000.

                  

          

           

          
            	(c)	
                    Valuation
                      and Timing.

                  

          

           

          
            	
                  	(i)	
                    “Valuation
                      Agent”
                      means Party A.

                  

          

           

          
            	
                  	(ii)	
                    “Valuation
                      Date” means
                      each Local Business Day on which any of the S&P/Fitch Credit Support
                      Amount, the Moody’s First Trigger Credit Support Amount or the Moody’s
                      Second Trigger Credit Support Amount is greater than
                      zero.

                  

          

           

          
            	
                  	(iii)	
                    “Valuation
                      Time” means
                      the close of business in the city of the Valuation Agent on
                      the Local
                      Business Day immediately preceding the Valuation Date or date
                      of
                      calculation, as applicable; provided
                      that the calculations of Value and Exposure will be made as
                      of
                      approximately the same time on the same date. The Valuation
                      Agent will
                      notify each party (or the other party, if the Valuation Agent
                      is a party)
                      of its calculations not later than the Notification Time on
                      the applicable
                      Valuation Date (or in the case of Paragraph 6(d), the Local
                      Business Day
                      following the day on which such relevant calculations are
                      performed).”

                  

          

           

          
            	
                  	(iv)	
                    “Notification
                      Time” means
                      11:00 a.m., New York time, on a Local Business Day.
                      

                  

          

           

          
            	
                  	(v)	
                    External
                      Calculations.
                      At
                      any time at which Party A (or, to the extent applicable, its
                      Credit
                      Support Provider) does not have a long-term unsubordinated
                      and unsecured
                      debt rating of at least “BBB+” from S&P, the Valuation Agent shall (at
                      its own expense) obtain external calculations of Party B’s Exposure from
                      at least two Reference Market-makers on the last Local Business
                      Day of
                      each calendar month. Any determination of the S&P Credit Support
                      Amount shall be based on the greatest of Party B’s Exposure determined by
                      the Valuation Agent and such Reference Market-makers. Such
                      external
                      calculation may not be obtained from the same Reference Market-maker
                      more
                      than four times in any 12-month
                      period.

                  

          

           

          
            	
                  	(vi)	
                    Notice
                      to S&P.
                      At
                      any time at which Party A (or, to the extent applicable, its
                      Credit
                      Support Provider) does not have a long-term unsubordinated
                      and unsecured
                      debt rating of at least “BBB+” from S&P, the Valuation Agent shall
                      provide to S&P not later than the Notification Time on the Local
                      Business Day following each Valuation Date its calculations
                      of Party B’s
                      Exposure and the S&P Value of any Eligible Credit Support or Posted
                      Credit Support for that Valuation Date. The Valuation Agent
                      shall also
                      provide to S&P any external marks of Party B’s
                      Exposure.

                  

          

           

          
            	(d)	
                    Conditions
                      Precedent and Secured Party’s Rights and
                      Remedies.
                      The following Termination Events will be a “Specified
                      Condition”
                      for the party specified (that party being the Affected Party
                      if the
                      Termination Event occurs with respect to that party): With
                      respect to
                      Party A and Party B: None. 

                  

          

           

          
            	(e)	
                    Substitution.

                  

          

           

          
            	
                  	(i)	
                    “Substitution
                      Date”
                      has the meaning specified in Paragraph
                      4(d)(ii).

                  

          

           

          
            	
                  	(ii)	
                    Consent.
                      If
                      specified here as applicable, then the Pledgor must obtain
                      the Secured
                      Party’s consent for any substitution pursuant to Paragraph 4(d):
                      Inapplicable.

                  

          

           

          
            	(f)	
                    Dispute
                      Resolution.

                  

          

           

          
            	
                  	(i)	
                    “Resolution
                      Time”
                      means 1:00 p.m. New York time on the Local Business Day following
                      the date
                      on which the notice of the dispute is given under Paragraph
                      5.

                  

          

           

          
            	
                  	(ii)	
                    Value.
                      Notwithstanding anything to the contrary in Paragraph 12, for
                      the purpose
                      of Paragraphs 5(i)(C) and 5(ii), the S&P/Fitch Value, Moody’s First
                      Trigger Value, and Moody’s Second Trigger Value, on any date, of Eligible
                      Collateral other than Cash will be calculated as follows:
                      

                  

          

           

          For
            Eligible Collateral in the form of securities listed in Paragraph 13(b)(ii):
            the
            product of (1)(x) the bid-side quotation at the Valuation Time for such
            securities on the principal national securities exchange on which such
            securities are listed, or (y) if such securities are not listed on a
            national
            securities exchange, the arithmetic mean of the bid-side quotations for
            such
            securities quoted at the Valuation Time by any three principal market
            makers for
            such securities selected by the Valuation Agent, provided that if only
            two
            bid-side quotations are obtained, then the arithmetic mean of such two
            bid-side
            quotations will be used, and if only one bid-side quotation is obtained,
            such
            quotation shall be used, or (z) if no such bid price is listed or quoted
            for
            such date, the bid price listed or quoted (as the case may be) at the
            Valuation
            Time for the day next preceding such date on which such prices were available
            and (2) the applicable Valuation Percentage for such Eligible
            Collateral.

           

          
            	
                  	(iii)	
                    Alternative.
                      The provisions of Paragraph 5 will
                      apply.

                  

          

           

          
            	(g)	
                    Holding
                      and Using Posted
                      Collateral.

                  

          

           

          
            	
                  	(i)	
                    Eligibility
                      to Hold Posted Collateral; Custodians. Party
                      B (or its Custodian) will be entitled to hold Posted Collateral
                      pursuant
                      to Paragraph 6(b), provided that the following conditions applicable
                      to it
                      are satisfied:

                  

          

           

          
            
              
                	
                      	(1)	
                        it
                          is not a Defaulting
                          Party.

                      

              

            

          

           

          
            
              
                	
                      	(2)	
                        Posted
                          Collateral consisting of Cash or certificated securities
                          that cannot be
                          paid or delivered by book-entry may be held only in any
                          state of the
                          United States which has adopted the Uniform Commercial
                          Code.

                      

              

            

          

           

          
            	 	
                    (3)

                  	
                    in
                      the case of any Custodian for Party B, such Custodian (or,
                      to the extent
                      applicable, its parent company or credit support provider)
                      shall then have
                      a short-term unsecured and unsubordinated debt rating from
                      S&P of at
                      least “A-1”.

                  

          

           

          Initially,
            the Custodian
            for
            Party B is: The
            Trust
            Administrator

           

          
            	
                  	(ii)	
                    Use
                      of Posted Collateral.
                      The provisions of Paragraph 6(c) will not apply to Party B,
                      and Party B
                      shall not have any right to use Posted Collateral or take any
                      action
                      specified in such Paragraph 6(c).

                  

          

           

          
            	(h)	
                    Distributions
                      and Interest Amount.

                  

          

           

          
            	
                  	(i)	
                    Interest
                      Rate.
                      The “Interest
                      Rate”
                      will be the actual interest rate earned on Posted Collateral
                      in the form
                      of Cash that is held by Party B or its Custodian. Posted Collateral
                      in the
                      form of Cash shall be invested in such overnight (or redeemable
                      within two
                      Local Business Days of demand) Permitted Investments rated
                      at least (x)
                      AAAm or AAAm-G by S&P and (y) Prime-1 by Moody’s or Aaa by Moody’s, as
                      directed by Party A. Gains and losses incurred in respect of
                      any
                      investment of Posted Collateral in the form of Cash in Permitted
                      Investments
                      as
                      directed by Party A shall be for the account of Party
                      A.

                  

          

           

          
            	
                  	(ii)	
                    Amendment
                      of Paragraph 6(d)(i) - Distributions.
                      Clause (d)(i) of Paragraph 6 shall be amended and restated
                      to read in its
                      entirety as follows:

                  

          

           

          “(i)
            Distributions. If Party B receives Distributions on a Local Business
            Day, it
            will not Transfer such Distributions to Party A but, rather, such Distributions
            will constitute Posted Collateral and will be subject to the security
            interest
            granted under Paragraph 2. ” 

           

          
            	
                  	(iii)	
                    Amendment
                      of Paragraph 6(d)(ii) - Interest Amount.
                      Clause (d)(ii) of Paragraph 6 shall be amended and restated
                      to read in its
                      entirety as follows:

                  

          

           

          “(ii)
            Interest
            Amount.
            In lieu
            of any interest, dividends or other amounts paid with respect to Posted
            Collateral in the form of Cash (all of which may be retained by the Secured
            Party), the Secured Party will Transfer to the Pledgor on the 20th day
            of each
            calendar month (or if such day is not a Local Business Day, the next
            Local
            Business Day) the Interest Amount. Any Interest Amount or portion thereof
            not
            Transferred pursuant to this Paragraph will constitute Posted Collateral
            in the
            form of Cash and will be subject to the security interest granted under
            Paragraph 2. For purposes of calculating the Interest Amount the amount
            of
            interest calculated for each day of the interest period shall be compounded
            monthly.” Secured Party shall not be obligated to transfer any Interest Amount
            unless and until it has received such amount.

           

           

          
            	(i)	
                    Additional
                      Representation(s).
                      There are no additional representations by either
                      party.

                  

          

           

          
            	(j)	
                    Other
                      Eligible Support and Other Posted Support.

                  

          

           

          
            	
                  	(i)	
                    “Value”
                      with respect to Other Eligible Support and Other Posted Support
                      means: not
                      applicable. 

                  

          

           

          
            	
                  	(ii)	
                    “Transfer”
                      with respect to Other Eligible Support and Other Posted Support
                      means: not
                      applicable.

                  

          

           

          
            	(k)	
                    Demands
                      and Notices.All
                      demands, specifications and notices under this Annex will be
                      made pursuant
                      to the Notices Section of this Agreement, except that any demand,
                      specification or notice shall be given to or made at the following
                      addresses, or at such other address as the relevant party may
                      from time to
                      time designate by giving notice (in accordance with the terms
                      of this
                      paragraph) to the other party:

                  

          

           

          If
            to
            Party A, at the address specified pursuant to the Notices Section of
            this
            Agreement.

           

          If
            to
            Party B, at the address specified pursuant to the Notices Section of
            this
            Agreement.

           

          If
            to
            Party B’s Custodian: at the address designated in writing from time to
            time.

           

          
            	(l)	
                    Address
                      for Transfers.
                      Each Transfer hereunder shall be made to the address specified
                      below or to
                      an address specified in writing from time to time by the party
                      to which
                      such Transfer will be made.

                  

          

           

          Party
            A
            account details for holding collateral:

           

          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

          

          Party
            B’s
            Custodian account details for holding collateral:

           

          Wells
            Fargo Bank, NA

          San
            Francisco, CA

          ABA#
            121-000-248

          Acct#
            3970771416

          Acct
            Name: SAS Clearing

          FFC:
            50992407

          

          
            	(m)	
                    Other
                      Provisions.

                  

          

           

          
            	
                  	(i)	
                    Collateral
                      Account.
                      Party B shall open and maintain a segregated account, which
                      shall be an
                      Eligible Account, and hold, record and identify all Posted
                      Collateral in
                      such segregated account.

                  

          

           

          
            	
                  	(ii)	
                    Agreement
                      as to Single Secured Party and Single Pledgor.
                      Party A and Party B hereby agree that, notwithstanding anything
                      to the
                      contrary in this Annex, (a) the term “Secured Party” as used in this Annex
                      means only Party B, (b) the term “Pledgor” as used in this Annex means
                      only Party A, (c) only Party A makes the pledge and grant in
                      Paragraph 2,
                      the acknowledgement in the final sentence of Paragraph 8(a)
                      and the
                      representations in Paragraph 9.

                  

          

           

          
            	
                  	(iii)	
                    Calculation
                      of Value.
                      Paragraph 4(c) is hereby amended by deleting the word “Value” and
                      inserting in lieu thereof “S&P/Fitch Value, Moody’s First Trigger
                      Value, Moody’s Second Trigger Value”. Paragraph 4(d)(ii) is hereby amended
                      by (A) deleting the words “a Value” and inserting in lieu thereof “an
                      S&P/Fitch Value, Moody’s First Trigger Value, and Moody’s Second
                      Trigger Value” and (B) deleting the words “the Value” and inserting in
                      lieu thereof “S&P/Fitch Value, Moody’s First Trigger Value, and
                      Moody’s Second Trigger Value”. Paragraph 5 (flush language) is hereby
                      amended by deleting the word “Value” and inserting in lieu thereof
                      “S&P/Fitch Value, Moody’s First Trigger Value, or Moody’s Second
                      Trigger Value”. Paragraph 5(i) (flush language) is hereby amended by
                      deleting the word “Value” and inserting in lieu thereof “S&P/Fitch
                      Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”.
                      Paragraph 5(i)(C) is hereby amended by deleting the word “the Value, if”
                      and inserting in lieu thereof “any one or more of the S&P/Fitch Value,
                      Moody’s First Trigger Value, or Moody’s Second Trigger Value, as may be”.
                      Paragraph 5(ii) is hereby amended by (1) deleting the first
                      instance of
                      the words “the Value” and inserting in lieu thereof “any one or more of
                      the S&P/Fitch Value, Moody’s First Trigger Value, or Moody’s Second
                      Trigger Value” and (2) deleting the second instance of the words “the
                      Value” and inserting in lieu thereof “such disputed S&P/Fitch Value,
                      Moody’s First Trigger Value, or Moody’s Second Trigger Value”. Each of
                      Paragraph 8(b)(iv)(B) and Paragraph 11(a) is hereby amended
                      by deleting
                      the word “Value” and inserting in lieu thereof “least of the S&P/Fitch
                      Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”.
                      

                  

          

           

          
            	
                  	(iv)	
                    Form
                      of Annex. Party
                      A and Party B hereby agree that the text of Paragraphs 1 through
                      12,
                      inclusive, of this Annex is intended to be the printed form
                      of ISDA Credit
                      Support Annex (Bilateral Form - ISDA Agreements Subject to
                      New York Law
                      Only version) as
                      published and copyrighted in 1994 by the International Swaps
                      and
                      Derivatives Association, Inc.

                  

          

           

          
            	
                  	(v)	
                    Events
                      of Default.
                      Clause (iii) of Paragraph 7 shall not apply to Party
                      B.

                  

          

           

          
            	
                  	(vi)	
                    Expenses.
                      Notwithstanding anything to the contrary in Paragraph 10, the
                      Pledgor will
                      be responsible for, and will reimburse the Secured Party for,
                      all transfer
                      and other taxes and other costs involved in any Transfer of
                      Eligible
                      Collateral.

                  

          

           

          
            	
                  	(vii)	
                    Withholding.
                      Paragraph 6(d)(ii) is hereby amended by inserting immediately
                      after “the
                      Interest Amount” in the fourth line thereof the words “less any applicable
                      withholding taxes.”

                  

          

           

          
            	
                  	(ix)	
                    Additional
                      Definitions.
                      As used in this Annex:

                  

          

           

          “Collateral
            Event” means
            that no Relevant Entity has credit ratings at least equal to the Approved
            Ratings Threshold.

           

          “DV01”
            means,
            with respect to a Transaction and any date of determination, the estimated
            change in the Secured Party’s Transaction Exposure with respect to such
            Transaction that would result from a one basis point change in the relevant
            swap
            curve on such date, as determined by the Valuation Agent in good faith
            and in a
            commercially reasonable manner. The Valuation Agent shall, upon request
            of Party
            B, provide to Party B a statement showing in reasonable detail such
            calculation.

           

          “Exposure”
            has the
            meaning specified in Paragraph 12, except that after the word “Agreement” the
            words “(assuming, for this purpose only, that Part 1(f) of the Schedule is
            deleted)” shall be inserted. 

           

          “Local
            Business Day”
means,
            for purposes of this Annex: any day on which (A) commercial banks are
            open for
            business (including dealings in foreign exchange and foreign currency
            deposits)
            in New York and the location of Party A, Party B and any Custodian, and
            (B) in
            relation to a Transfer of Eligible Collateral, any day on which the clearance
            system agreed between the parties for the delivery of Eligible Collateral
            is
            open for acceptance and execution of settlement instructions (or in the
            case of
            a Transfer of Cash or other Eligible Collateral for which delivery is
            contemplated by other means a day on which commercial banks are open
            for
            business (including dealings in foreign exchange and foreign deposits)
            in New
            York and the location of Party A, Party B and any Custodian. 

           

          “Moody’s
            First Trigger Credit Support Amount” means,
            for any Valuation Date, the excess, if any, of

           

          
            	 	
                    (I)

                  	
                    (A)

                  	
                    for
                      any Valuation Date on which (I) a Moody’s First Trigger Ratings Event has
                      occurred and has been continuing (x) for at least 30 Local
                      Business Days
                      or (y) since this Annex was executed and (II) it is not the
                      case that a
                      Moody’s Second Trigger Ratings Event has occurred and been continuing
                      for
                      at least 30 Local Business Days, an amount equal to the greater
                      of (a)
                      zero and (b) the sum of (i) the Secured Party’s Exposure for such
                      Valuation Date and (ii) the sum, for each Transaction to which
                      this Annex
                      relates, of the lesser of (x) the product of the Moody’s First Trigger
                      DV01 Multiplier and DV01 for such Transaction and such Valuation
                      Date and
                      (y) the product of (i) Moody’s
                      First Trigger Notional Amount Multiplier, (ii) Scale Factor
                      (as defined in
                      the related confirmation) for such Transaction, and (iii)
                      the Notional Amount for such Transaction for the Calculation
                      Period for
                      such Transaction (each as defined in the related Confirmation)
                      which
                      includes such Valuation Date, or

                  

          

           

          
            	 	
                    (B)

                  	
                    for
                      any other Valuation Date, zero,
                      over

                  

          

           

          
            	
                  	(II)	
                    the
                      Threshold for Party A such Valuation
                      Date.

                  

          

           

          “Moody’s
            First Trigger DV01 Multiplier”
            means
            15.

           

          “Moody’s
            First Trigger Value”
            means,
            on any date and with respect to any Eligible Collateral other than Cash,
            the bid
            price obtained by the Valuation Agent multiplied by the Moody’s First Trigger
            Valuation Percentage for such Eligible Collateral set forth in Paragraph
            13(b)(ii).

           

          “Moody’s
            First Trigger Notional Amount Multiplier”
            means
            2%.

           

          “Moody’s
            Second Trigger Credit Support Amount”
            means,
            for any Valuation Date, the excess, if any, of

           

          
            	 	
                    (I)

                  	
                    (A)

                  	
                    for
                      any Valuation Date on which it is the case that a Moody’s Second Trigger
                      Ratings Event has occurred and been continuing for at least
                      30 Local
                      Business Days, an amount equal to the greatest of (a) zero,
                      (b) the
                      aggregate amount of the next payment due to be paid by Party
                      A under each
                      Transaction to which this Annex relates, and (c) the sum of
                      (x) the
                      Secured Party’s Exposure for such Valuation Date and (y) the sum, for each
                      Transaction to which this Annex relates,
                      of:

                  

          

           

          
            	
                  	(1)	
                    if
                      such Transaction is not a Transaction-Specific Hedge, the lesser
                      of (i)
                      the product of the Moody’s Second Trigger DV01 Multiplier and DV01 for
                      such Transaction and such Valuation Date and (ii) the product
                      of (1) the
                      Moody’s Second Trigger Notional Amount Multiplier, (2) Scale Factor
                      (as
                      defined in the related confirmation) for such Transaction,
                      and (3) the
                      Notional Amount for such Transaction for the Calculation Period
                      for such
                      Transaction (each as defined in the related Confirmation) which
                      includes
                      such Valuation Date];
                      or

                  

          

           

          
            	
                  	(2)	
                    if
                      such Transaction is a Transaction-Specific Hedge, the lesser
                      of (i) the
                      product of the Moody’s Second Trigger Transaction-Specific Hedge DV01
                      Multiplier and DV01 for such Transaction and such Valuation
                      Date and (ii)
                      the product of (1) the Moody’s Second Trigger Transaction-Specific Hedge
                      Notional Amount Multiplier, (2) Scale Factor (as defined in
                      the related
                      confirmation) for such Transaction and (3) the Notional Amount
                      for such
                      Transaction for the Calculation Period for such Transaction
                      (each as
                      defined in the related Confirmation) which includes such Valuation
                      Date;
                      or

                  

          

           

          
            	 	
                    (B)

                  	
                    for
                      any other Valuation Date, zero,
                      over

                  

          

           

          
            	
                  	(II)	
                    the
                      Threshold for Party A for such Valuation
                      Date.

                  

          

           

          “Moody’s
            Second Trigger DV01 Multiplier”
            means
            50.

           

          “Moody’s
            Second Trigger Notional Amount Multiplier”
            means
            8%.

           

          “Moody’s
            Second Trigger Transaction-Specific Hedge DV01
            Multiplier”
            means
            65.

           

          “Moody’s
            Second Trigger Transaction-Specific Hedge Notional Amount
            Multiplier”
            means
            10%.

           

          “Moody’s
            Second Trigger Value”
            means,
            on any date and with respect to any Eligible Collateral other than Cash,
            the bid
            price obtained by the Valuation Agent multiplied by the Moody’s Second Trigger
            Valuation Percentage for such Eligible Collateral set forth in Paragraph
            13(b)(ii).

           

          “Remaining
            Weighted Average Maturity” means,
            with respect to a Transaction, the expected weighted average maturity
            for such
            Transaction as determined by the Valuation Agent. 

           

          “S&P/Fitch
            Credit Support Amount”
            means,
            for any Valuation Date, the excess, if any, of

           

          
            	 	
                    (I)

                  	
                    (A)
                      

                  	
                    for
                      any Valuation Date on which (i) an S&P/Fitch Approved Ratings
                      Downgrade Event has occurred and been continuing for at least
                      30 days or
                      (ii) a S&P/Fitch Required Ratings Downgrade Event has occurred and is
                      continuing, an amount equal to the sum of (1) 100.0% of the
                      Secured
                      Party’s Exposure for such Valuation Date and (2) the sum, for each
                      Transaction to which this Annex relates, of the product of
                      (i) the
                      Volatility Buffer for such Transaction, (ii) Scale Factor (as
                      defined in
                      the related confirmation) for such Transaction, and [(iii)]
                      the Notional
                      Amount of such Transaction for the Calculation Period of such
                      Transaction
                      (each as defined in the related Confirmation) which includes
                      such
                      Valuation Date, or

                  

          

           

          
            	 	
                    (B)

                  	
                    for
                      any other Valuation Date, zero,
                      over

                  

          

           

          
            	
                  	(II)	
                    the
                      Threshold for Party A for such Valuation
                      Date.

                  

          

           

          “S&P/Fitch
            Value”
            means,
            on any date and with respect to any Eligible Collateral other than Cash,
            the
            product of (A) the bid price obtained by the Valuation Agent for such
            Eligible
            Collateral and (B) the S&P Valuation Percentage for such Eligible Collateral
            set forth in paragraph 13(b)(ii).

           

          “Transaction
            Exposure”
            means,
            for any Transaction, Exposure determined as if such Transaction were
            the only
            Transaction between the Secured Party and the Pledgor.

           

          “Transaction-Specific
            Hedge” means
            any
            Transaction that is (i) an interest rate swap in respect of which (x)
            the
            notional amount of the interest rate swap is “balance guaranteed” or (y) the
            notional amount of the interest rate swap for any Calculation Period
            (as defined
            in the related Confirmation) otherwise is not a specific dollar amount
            that is
            fixed at the inception of the Transaction, (ii) an interest rate cap,
            (iii) an
            interest rate floor or (iv) an interest rate swaption.

           

          “Valuation
            Percentage”
            shall
            mean, for purposes of determining the S&P/Fitch Value, Moody’s First Trigger
            Value, or Moody’s Second Trigger Value with respect to any Eligible Collateral
            or Posted Collateral, the applicable S&P/Fitch Valuation Percentage, Moody’s
            First Trigger Valuation Percentage, or Moody’s Second Trigger Valuation
            Percentage for such Eligible Collateral or Posted Collateral, respectively,
            in
            each case as set forth in Paragraph 13(b)(ii).

           

          “Value”
            shall
            mean, in respect of any date, the related S&P/Fitch Value, the related
            Moody’s First Trigger Value, and the related Moody’s Second Trigger
            Value.

           

          “Volatility
            Buffer”
            means,
            for any Transaction, the related percentage set forth in the following
            table.

           

          
            	
                    The
                      higher of the S&P short-term credit rating of (i) Party A and (ii) the
                      Credit Support Provider of Party A, if applicable

                  	
                    Remaining
                      Weighted Average Maturity 

                    up
                      to 3 years

                  	
                    Remaining
                      Weighted Average Maturity

                    up
                      to 5 years

                  	
                    Remaining
                      Weighted Average Maturity

                    up
                      to 10 years

                  	
                    Remaining
                      Weighted Average Maturity

                    up
                      to 30 years

                  
	
                    “A-2”
                      or higher

                  	
                    2.75%

                  	
                    3.25%

                  	
                    4.00%

                  	
                    4.75%

                  
	
                    “A-3”

                  	
                    3.25%

                  	
                    4.00%

                  	
                    5.00%

                  	
                    6.25%

                  
	
                    “BB+”
                      or
                      lower

                  	
                    3.50%

                  	
                    4.50%

                  	
                    6.75%

                  	
                    7.50%

                  

          

          

           

          

           

           

          [Remainder
            of this page intentionally left blank]

           

          SCHEDULE
            A

           

          ELIGIBLE
            COLLATERAL

           

          

           

          
            	
                     

                    ISDA
                      Collateral Asset Definition(ICAD)
                      Code

                  	
                    Remaining
                      Maturity in Years

                  	
                    S&P
                      

                    Valuation
                      

                    Percentage

                  	
                    Moody’s

                    First
                      Trigger ValuationPercentage

                  	
                    Moody’s

                    Second
                      Trigger

                    Valuation

                    Percentage

                  
	
                    (A)
                      US-CASH

                  	
                    N/A

                  	
                    100%

                  	
                    100%

                  	
                    100%

                  
	
                    (B)
                      EU-CASH

                  	
                    N/A

                  	
                    92.5%

                  	
                    98%

                  	
                    94%

                  
	
                    (C)
                      GB-CASH

                  	
                    N/A

                  	
                    94.1%

                  	
                    98%

                  	
                    95%

                  
	
                    (D)
                      US-TBILL

                    US-TNOTE

                    US-TBOND

                  	 	 	 	 
	 	
                    1
                      or less

                  	
                    98.9%

                  	
                    100%

                  	
                    100%

                  
	 	
                    More
                      than 1 but not more than 2

                  	
                    98.0%

                  	
                    100%

                  	
                    99%

                  
	 	
                    More
                      than 2 but not more than 3

                  	
                    97.4%

                  	
                    100%

                  	
                    98%

                  
	 	
                    More
                      than 3 but not more than 5

                  	
                    95.5%

                  	
                    100%

                  	
                    97%

                  
	 	
                    More
                      than 5 but not more than 7

                  	
                    93.7%

                  	
                    100%

                  	
                    96%

                  
	 	
                    More
                      than 7 but not more than 10

                  	
                    92.5%

                  	
                    100%

                  	
                    94%

                  
	 	
                    More
                      than 10 but not more than 20

                  	
                    91.1%

                  	
                    100%

                  	
                    90%

                  
	 	
                    More
                      than 20

                  	
                    88.6%

                  	
                    100%

                  	
                    88%

                  
	
                    (E)
                      US-GNMA

                    US-FNMA

                    US-FHLMC

                  	 	 	 	 
	 	
                    1
                      or less

                  	
                    98.5%

                  	
                    100%

                  	
                    99%

                  
	 	
                    More
                      than 1 but not more than 2

                  	
                    97.7%

                  	
                    100%

                  	
                    99%

                  
	 	
                    More
                      than 2 but not more than 3

                  	
                    97.3%

                  	
                    100%

                  	
                    98%

                  
	 	
                    More
                      than 3 but not more than 5

                  	
                    94.5%

                  	
                    100%

                  	
                    96%

                  
	 	
                    More
                      than 5 but not more than 7

                  	
                    93.1%

                  	
                    100%

                  	
                    93%

                  
	 	
                    More
                      than 7 but not more than 10

                  	
                    90.7%

                  	
                    100%

                  	
                    93%

                  
	 	
                    More
                      than 10 but not more than 20

                  	
                    87.7%

                  	
                    100%

                  	
                    89%

                  
	 	
                    More
                      than 20

                  	
                    84.4%

                  	
                    100%

                  	
                    87%

                  
	
                    (F)
                      Fixed-Rate GA-EUROZONE-

                    GOV

                  	 	
                    Rated
                      AAA or 

                    better
                      by S&P

                  	
                    Rated
                      Aa3 or 

                    better
                      by 

                    Moody's

                  	
                    Rated
                      Aa3 or 

                    better
                      by 

                    Moody's

                  
	 	
                    1
                      or less

                  	
                    98.8%

                  	
                    98%

                  	
                    94%

                  
	 	
                    More
                      than 1 but not more than 2

                  	
                    97.9%

                  	
                    98%

                  	
                    93%

                  
	 	
                    More
                      than 2 but not more than 3

                  	
                    97.1%

                  	
                    98%

                  	
                    92%

                  
	 	
                    More
                      than 3 but not more than 5

                  	
                    91.2%

                  	
                    98%

                  	
                    90%

                  
	 	
                    More
                      than 5 but not more than 7

                  	
                    87.5%

                  	
                    98%

                  	
                    89%

                  
	 	
                    More
                      than 7 but not more than 10

                  	
                    83.8%

                  	
                    98%

                  	
                    88%

                  
	 	
                    More
                      than 10 but not more than 20

                  	
                    75.5%

                  	
                    98%

                  	
                    84%

                  

          

          

           

          The
            ISDA
            Collateral Asset Definition (ICAD) Codes used in this Schedule A are
            taken from
            the Collateral Asset Definitions (First Edition - June 2003) as published
            and
            copyrighted in 2003 by the International Swaps and Derivatives Association,
            Inc.

           

        

      

      
 

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      EXHIBIT
        R-1

      

      

      FORM
        OF DELINQUENCY REPORT

      

      
        	
                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

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      

      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
        R-2 

      

      FORM
        OF MONTHLY REMITTANCE ADVICE

      

       

      
        	
                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
        R-3 

      

      FORM
        OF REALIZED LOSS REPORT

      

      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
        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
        Servicing Officer Certification 

       

      *
        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

              
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        S

       

      SERVICING
        CRITERIA

      

      Definitions

      Primary
        Servicer - transaction party having borrower contact

      Master
        Servicer - aggregator of pool assets

      Securities
        Administrator - waterfall calculator (may be the Trustee, or may be the Master
        Servicer)

      Back-up
        Servicer - named in the transaction (in the event a Back up Servicer becomes
        the
        Primary Servicer, follow Primary Servicer obligations)

      Custodian
        - safe keeper of pool assets

      Paying
        Agent - distributor of funds to ultimate investor 

      Trustee
        -
        fiduciary of the transaction

      Credit
        Risk Manager - the party providing oversight of the Servicer

      

      Note:
        The
        definitions above describe the essential function that the party performs,
        rather than the party’s title. So, for example, in a particular transaction, the
        trustee may perform the “paying agent” and “securities administrator” functions,
        while in another transaction, the securities administrator may perform these
        functions.

      

      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

      [X]
        - under consideration for obligation

      

      
        	
                Reg
                  AB Reference

              	
                Servicing
                  Criteria

              	
                Primary
                  Servicer

              	
                Master
                  Servicer

              	
                Trust
                  Admin.

              	
                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

              	
                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

              	
                X

              	
                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

              	
                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

              	
                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

              	
                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

              	
                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

              	
                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

              	
                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

              	
                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

              	
                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

              	
                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

              	
                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

              	
                 

              	 	
                X

              
	
                1122(d)(4)(ii)

              	
                Pool
                  assets and related documents are safeguarded as required by the
                  transaction agreements 

              	
                X

              	 	 	
                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

              	 	 	 
	
                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

              	
                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

              	 

      

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        T

       

      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 Trust
        Administrator pursuant to Section 4.07(a)(iv). 

      

      Under
        Item 1 of Form 10-D: a) items marked “4.02 statement” are required to be
        included in the periodic Distribution Date statement under Section 4.02,
        provided by the Trust Administrator based on information received from the
        Servicer and the Master Servicer; and b) items marked “Form 10-D report” are
        required to be in the Form 10-D report but not the 4.02 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.

      

      
        	
                Form

              	
                Item

              	
                Description

              	
                Responsible
                  Party

              
	
                10-D

              	
                Must
                  be filed within 15 days of the Distribution Date.

              
	
                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.

              	
                4.02
                  statement

              
	
                (2)
                  Cash flows received and the sources thereof for distributions,
                  fees and
                  expenses.

              	
                4.02
                  statement

              
	
                (3)
                  Calculated amounts and distribution of the flow of funds for the
                  period
                  itemized by type and priority of payment, including:

              	
                4.02
                  statement

              
	
                (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.

              	
                4.02
                  statement

              
	
                (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.

              	
                4.02
                  statement

              
	
                (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.

              	
                4.02
                  statement

              
	
                (iv)
                  The amount of excess cash flow or excess spread and the disposition
                  of
                  excess cash flow.

              	
                4.02
                  statement

              
	
                (4)
                  Beginning and ending principal balances of the asset-backed
                  securities.

              	
                4.02
                  statement

              
	
                (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.

              	
                4.02
                  statement

              
	
                (6)
                  Beginning and ending balances of transaction accounts, such as
                  reserve
                  accounts, and material account activity during the period.

              	
                4.02
                  statement

              
	
                (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.

              	
                4.02
                  statement

              
	
                (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.

              	
                4.02
                  statement

                 

                Updated
                  pool composition information fields to be as specified by Depositor
                  from
                  time to time

              
	
                (9)
                  Delinquency and loss information for the period. 

                 

                In
                  addition, describe any material changes to the information specified
                  in
                  Item 1100(b)(5) of Regulation AB regarding the pool
                  assets.

              	
                4.02
                  statement: Servicer and Master Servicer.

                 

                Form
                  10-D report: Depositor

              
	
                (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.

              	
                4.02
                  statement: Master Servicer and Servicer

              
	
                (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.

              	
                Form
                  10-D report; Servicer

              
	
                (12)
                  Material breaches of pool asset representations or warranties or
                  transaction covenants.

              	
                Form
                  10-D report: Servicer

              
	
                (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.

              	
                4.02
                  statement

              
	
                (14)
                  Information regarding any new issuance of asset-backed securities
                  backed
                  by the same asset pool, 

                [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.

                 

                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.

              	
                Form
                  10-D report: Depositor

                 

                Form
                  10-D report: Depositor and Servicer

                 

                 

                 

                Form
                  10-D report: Depositor, Master Servicer and Servicer

              
	
                Item
                  1121(b) - Pre-Funding or Revolving Period Information

                Updated
                  pool information as required under Item 1121(b).

              	
                Depositor

              
	
                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:

                Seller

                Depositor

                Trustee

                Trust
                  Administrator

                Issuing
                  entity

                Master
                  Servicer

                Originator
                  

                Custodian

              	
                 

                 

                Seller

                Depositor

                Trustee

                Trust
                  Administrator

                Depositor

                Master
                  Servicer

                Depositor

                Custodian

              
	
                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.

              	
                 

                 

                Depositor

              
	
                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)

              	
                 

                 

                Trust
                  Administrator

              
	
                5

              	
                Submission
                  of Matters to a Vote of Security Holders

              	 
	
                Information
                  from Item 4 of Part II of Form 10-Q

              	
                Trustee,
                  Trust Administrator

              
	
                6

              	
                Significant
                  Obligors of Pool Assets

              	 
	
                Item
                  1112(b) - Significant
                  Obligor Financial Information*

              	
                N/A

              
	
                *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

                Obtaining
                  required financial information or effecting incorporation by
                  reference

              	
                 

                N/A

                N/A

              
	
                Item
                  1115(b) - Derivative Counterparty Financial Information*

                Determining
                  current maximum probable exposure

                Determining
                  current significance percentage

                Obtaining
                  required financial information or effecting incorporation by
                  reference

              	
                 

                Depositor

                Depositor

                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.

              	 
	
                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

              	
                Trust
                  Administrator

              
	
                Exhibits
                  required by Item 601 of Regulation S-K, such as material
                  agreements

              	
                Depositor

              
	
                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

              	
                All
                  parties to this Agreement

              
	
                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 to this Agreement

              
	
                1.03

              	
                Bankruptcy
                  or Receivership

              	 
	
                Disclosure
                  is required regarding the bankruptcy or receivership, if known
                  to the
                  Depositor, Servicer or Trustee, with respect to any of the following:
                  

                Sponsor
                  (Seller), Depositor, Servicer, Trustee, Swap Provider, Cap Provicer,
                  Custodian

              	
                Depositor/Servicer/Trustee/Trust
                  Administator

              
	
                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 4.02 statement

              	
                N/A

              
	
                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

              	
                Party
                  requesting material modification

              
	
                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”

              	
                Depositor

              
	
                5.06

              	
                Change
                  in Shell Company Status

              	 
	
                [Not
                  applicable to ABS issuers]

              	
                Depositor

              
	
                6.01

              	
                ABS
                  Informational and Computational Material

              	 
	
                [Not
                  included in reports to be filed under Section 4.07]

              	
                Depositor

              
	
                6.02

              	
                Change
                  of Master 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, certificate
                  administrator or trustee. Reg AB disclosure about any new servicer
                  or
                  trustee is also required.

              	
                Trustee,
                  Servicer or Master Servicer

                 

                Depositor

              
	
                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.
                  Reg AB disclosure about any new enhancement provider is also
                  required.

              	
                Depositor

              
	
                6.04

              	
                Failure
                  to Make a Required Distribution

              	
                Trust
                  Administrator

              
	
                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

              
	
                7.01

              	
                Regulation
                  FD Disclosure

              	
                All
                  parties to this Agreement

              
	
                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 security
                  holders.

              	
                Depositor

              
	
                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 item as indicated
                  above

              
	
                15

              	
                Exhibits
                  and Financial Statement Schedules

              	 
	
                Item
                  1112(b) - Significant
                  Obligor Financial Information

              	
                N/A

              
	
                Item
                  1114(b)(2) - Credit Enhancement Provider Financial
                  Information

                Determining
                  applicable disclosure threshold

                Obtaining
                  required financial information or effecting incorporation by
                  reference

              	
                 

                 

                N/A

                 

                N/A

              
	
                Item
                  1115(b) - Derivative Counterparty Financial Information

                Determining
                  current maximum probable exposure

                Determining
                  current significance percentage

                Obtaining
                  required financial information or effecting incorporation by
                  reference

              	
                 

                Depositor

                Depositor

                Depositor

              
	
                Item
                  1117 - 

                Seller

                Depositor

                Trustee

                Issuing
                  entity

                Master
                  Servicer

                Originator
                  

                Custodian

              	
                 

                Seller

                Depositor

                Trustee

                Issuing
                  entity

                Master
                  Servicer

                Depositor
                  

                Custodian

              
	
                Item
                  1119 - Affiliations and relationships between the following entities,
                  or
                  their respective affiliates, that are material to
                  Certificateholders:

                Seller

                Depositor

                Trustee

                Issuing
                  entity

                Master
                  Servicer

                Originator
                  

                Custodian
                  

                Credit
                  Enhancer/Support Provider, if any

                Significant
                  Obligor, if any

              	
                 

                 

                Seller

                Depositor

                Trustee

                Issuing
                  entity

                Master
                  Servicer

                Depositor
                  

                Custodian
                  

                Depositor

                Depositor

              
	
                Item
                  1122 - Assessment of Compliance with Servicing
                  Criteria

              	
                Each
                  Party participating in the servicing function

              
	
                Item
                  1123 -Servicer Compliance Statement

              	
                Master
                  Servicer, Servicer and Trust
                  Administrator

              

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        U

       

      [RESERVED]

       

      

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        V

       

      [RESERVED]

       

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        W

       

      [RESERVED]

       

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        X

       

      FORM
        OF
        BASIS RISK CAP AGREEMENT

       

       

      
 

      

      BEAR
        STEARNS FINANCIAL PRODUCTS INC.

      383
        MADISON AVENUE

      NEW
        YORK,
        NEW YORK 10179

      212-272-4009

      

      

      

      
        	DATE:	
                February
                  28, 2007

              

      

         

      
        	TO:	
                Wells
                  Fargo Bank, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator with respect to the Soundview Home Loan Trust 2007-1,
                  Asset-Backed Certificates, Series 2007-1  

              

      

      
        	ATTENTION:	
                Client
                  Manager - Soundview 2007-1  

              

      

      
        	FACSIMILE:	
                410-715-2380   

              

      

      

      
        	TO:	
                The
                  Royal Bank of Scotland plc, London 

              

      

      
        	ATTENTION:	
                Melizza
                  Stotler  

              

      

      
        	FACSIMILE:	
                203-618-2580

              

      

      

      
        	FROM:	
                Derivatives
                  Documentation

              

      

      
        	TELEPHONE:	
                212-272-2711

              

      

      
        	FACSIMILE:	
                212-272-9857

              

      

      

      
        	RE:	
                Novation
                  Confirmation 

              

      

       

      
        	REFERENCE
                NUMBER(S):	
                FXNEC9259-BXNE218662

              

      

      

      The
        purpose of this letter is to confirm the terms and conditions of the Novation
        Transaction entered into between the parties and effective from the Novation
        Date specified below. This Novation Confirmation constitutes a “Confirmation” as
        referred to in the New Agreement specified below. 

      

      
        	1.	
                The
                  definitions and provisions contained in the 2004 ISDA Novation
                  Definitions
                  (the “Definitions”) and the terms and provisions of the 2000 ISDA
                  Definitions,
                  as
                  published by the International Swaps and Derivatives Association,
                  Inc. and
                  amended from time to time, are incorporated in this Novation Confirmation.
                  In the event of any inconsistency between (i) the Definitions,
                  (ii) the
                  2000 ISDA Definitions, and/or (iii) the Novation Agreement and
                  this
                  Novation Confirmation, this Novation Confirmation will govern.
                  

              

      

      

      
        	2.	
                The
                  terms of the Novation Transaction to which this Novation Confirmation
                  relates are as follows:

              

      

      

      
        	 	
                Novation
                  Trade Date:

              	
                February
                  28, 2007

              
	 	
                Novation
                  Date:

              	
                February
                  28, 2007

              
	 	
                Novated
                  Amount:

              	
                As
                  set forth in the New Confirmation

              
	 	
                Transferor
                  1:

              	
                The
                  Royal Bank of Scotland plc

              
	 	
                Transferor
                  2:

              	
                Bear
                  Stearns Bank plc 

              
	 	
                Transferee
                  1:

              	
                Wells
                  Fargo Bank, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator with respect to the Soundview Home Loan Trust 2007-1,
                  Asset-Backed Certificates, Series 2007-1 

              
	 	
                Transferee
                  2:

              	
                Bear
                  Stearns Financial Products Inc.

              
	 	
                New
                  Agreement (between Transferee 1 

                and
                  Transferee 2):

              	The
                Master Agreement as defined in the New
                Confirmation

      

       

      
        	3.	
                The
                  terms of the Old Transaction to which this Novation Confirmation
                  relates,
                  for identification purposes, are as
                  follows:

              

      

      

      
        	 	
                Trade
                  Date of Old Transaction:

              	
                February
                  23, 2007

              
	 	
                Effective
                  Date of Old Transaction:

              	
                February
                  28, 2007

              
	 	
                Termination
                  Date of Old Transaction:

              	
                November
                  25, 2007

              

      

      

      
        	4.	
                The
                  terms of the New Transactions to which this Novation Confirmation
                  relates
                  shall be as specified in the New Confirmation attached hereto as
                  Exhibit
                  A, including the Credit Support Annex attached hereto as Annex
                  A.

              

      

      

      
        	 	
                Full
                  First Calculation Period:

              	
                Applicable
                  

              

      

      

      
        	5.	
                Offices:

              

      

       

      

      
        	 	
                Transferor
                  1:

              	
                London

              
	 	
                Transferor
                  2:

              	
                Not
                  Applicable

              
	 	
                Transferee
                  1:

              	
                Not
                  Applicable

              
	 	
                Transferee
                  2:

              	
                Not
                  Applicable

              

      

      

      

      The
        parties confirm their acceptance to be bound by this Novation Confirmation
        as of
        the Novation Date by executing a copy of this Novation Confirmation and
        returning a facsimile of the fully-executed Novation Confirmation to
212-272-9857.
        Transferor
        1 and Transferor 2, by their respective execution of a copy of this Novation
        Confirmation, each agrees to the terms of the Novation Confirmation as it
        relates to the Old Transaction. Transferee 1 and Transferee 2, by their
        respective execution of a copy of this Novation Confirmation, each agrees
        to the
        terms of the Novation Confirmation as it relates to the New Transaction.
        For
        inquiries regarding U.S. Transactions, please contact Derivatives
        Documentation
        by
        telephone at 212-272-2711.
        For all
        other inquiries please contact Derivatives
        Documentation by
        telephone at 353-1-402-6223.

       

      
        	
                The
                  Royal Bank of Scotland plc 

                By:
                  Greenwich Capital Markets, Inc., its agent

                 

                 

                By:
                  _____________________________

                Name:

                Title:

                Date:

              	 	
                Bear
                  Stearns Bank plc

                 

                 

                 

                By:
                  _____________________________

                Name:

                Title:

                Date:

              
	 	 	 
	
                Wells
                  Fargo Bank, N.A., not in its individual capacity, but solely as
                  Trust
                  Administrator with respect to the Soundview Home Loan Trust 2007-1,
                  Asset-Backed Certificates, Series 2007-1 

                 

                 

                 

                By:
                  _____________________________

                Name:

                Title:

                Date:

              	 	
                Bear
                  Stearns Financial Products Inc.

                 

                 

                 

                By:
                  _____________________________

                Name:

                Title:

                Date:

              

      

      

      lm/er

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      

        

        BEAR
          STEARNS FINANCIAL PRODUCTS INC.

        383
          MADISON AVENUE

        NEW
          YORK, NEW YORK 10179

        212-272-4009

        

        

        Exhibit
          A

        

        

        
          	DATE:	
                  February
                    28, 2007

                

        

           

        
          	
                  TO:

                	
                  Wells
                    Fargo Bank, N.A., not in its individual capacity, but solely
                    as Trust
                    Administrator 

                

        

         

        
          	ATTENTION:	
                  Client
                    Manager - Soundview 2007-1 

                

        

        
          	TELEPHONE:	
                  410-884-2000  

                

        

        
          	FACSIMILE:	
                  410-715-2380 

                

        

        

        
          	FROM:	
                  Derivatives
                    Documentation

                

        

        
          	TELEPHONE:	
                  212-272-2711
                    

                

        

        
          	FACSIMILE:	
                  212-272-9857
                    

                

        

        

        
          	SUBJECT:	
                  Fixed
                    Income Derivatives Confirmation and Agreement

                

        

        

        
          	REFERENCE
                  NUMBER:	
                  FXNEC9259

                

        

        

        The
          purpose of this long-form confirmation (“Confirmation”)
          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. (“Party
          A”) and
          Wells
          Fargo Bank, N.A., not in its individual capacity, but solely as Trust
          Administrator with respect to the Soundview Home Loan Trust 2007-1, Asset-Backed
          Certificates, Series 2007-1 (“Party
          B”).
          Reference is hereby made to the Pooling and Servicing Agreement, dated
          as
          of February
          1, 2007, among Financial Asset Securities Corp., as Depositor, Ocwen Loan
          Servicing, LLC., as Servicer, Wells Fargo Bank, N.A., as Master Servicer
          and
          Trust Administrator, and Deutsche Bank National Trust Company, as Trustee
          (the
“Pooling
          and Servicing Agreement”).
          This
          Confirmation evidences a complete and binding agreement between you and
          us to
          enter into the Transaction on the terms set forth below and replaces any
          previous agreement between us with respect to the subject matter hereof.
          This
          Confirmation constitutes a “Confirmation”
          and also
          constitutes a “Schedule”
          as
          referred to in the ISDA Master Agreement, and Paragraph 13 of a Credit
          Support
          Annex to the Schedule. 

        

        
          
            	1.	
                    This
                      Confirmation shall supplement, form a part of, and be subject
                      to an
                      agreement in the form of the ISDA Master Agreement (Multicurrency
                      - Cross
                      Border) as published and copyrighted in 1992 by the International
                      Swaps
                      and Derivatives Association, Inc. (the “ISDA
                      Master Agreement”),
                      as if Party A and Party B had executed an agreement in such
                      form on the
                      date hereof, with a Schedule as set forth in Item 3 of this
                      Confirmation,
                      and an ISDA Credit Support Annex (Bilateral Form - ISDA Agreements
                      Subject
                      to New York Law Only version) as published and copyrighted
                      in 1994 by the
                      International Swaps and Derivatives Association, Inc., with
                      Paragraph 13
                      thereof as set forth in Annex A hereto (the “Credit
                      Support Annex”).
                      For the avoidance of doubt, the Transaction described herein
                      shall be the
                      sole Transaction governed by such ISDA Master Agreement. In
                      the event of
                      any inconsistency among any of the following documents, the
                      relevant
                      document first listed shall govern: (i) this Confirmation,
                      exclusive of
                      the provisions set forth in Item 3 hereof and Annex A hereto;
                      (ii) the
                      provisions set forth in Item 3 hereof, which are incorporated
                      by reference
                      into the Schedule; (iii) the Credit Support Annex; (iv) the
                      Definitions;
                      and (v) the ISDA Master
                      Agreement.

                  

          

        

        

        Each
          reference herein 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 Master Agreement; each herein reference
          to
          a “Part” will be construed as a reference to the provisions herein deemed
          incorporated in a Schedule to the ISDA Master Agreement; each reference
          herein
          to a “Paragraph” will be construed as a reference to a Paragraph of the Credit
          Support Annex.

        

        
          	2.	
                  The
                    terms of the particular Transaction to which this Confirmation
                    relates are
                    as follows:

                

        

         

        
          	
                	Notional
                  Amount:	
                  With
                    respect to any Calculation Period, the lesser of (a) the amount
                    set forth
                    for such period in Schedule I attached hereto and (b) the aggregate
                    balance of the Floating Rate
                    Certificates.

                

        

        

        
          	
                	Trade
                  Date:	
                  February
                    28, 2007

                

        

        

        
          	
                	Effective
                  Date:	
                  February
                    28, 2007

                

        

        

        
          	
                	Termination
                  Date:	
                  November
                    25, 2007, subject to adjustment in accordance with the Business
                    Day
                    Convention.

                

        

        

        
          	
                	Fixed
                  Amount (Premium):	
                  Inapplicable.
                    Premium has been paid under the Old
                    Transaction.

                

        

        

        
               
            Floating Amounts:

           

          
            	
                  	Floating
                    Rate Payer:	
                    Party
                      A

                  

          

        

        

        
          	 	
                  Cap
                    Rate:

                	
                  With
                    respect to any Calculation Period, the rate set forth for such
                    period in
                    Schedule I attached hereto.

                

        

        

        Floating
          Rate Payer

        
          	
                	Period
                  End Dates:	
                  The
                    25th
                    calendar day of each month during the Term of this Transaction,
                    commencing
                    March 25, 2007 and ending on the Termination Date, subject to
                    adjustment
                    in accordance with the Business Day
                    Convention.

                

        

        

        Fixed
          Rate Payer 

        
          	
                	Payment
                  Dates:	
                  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.

                

        

        

        
          	 	 	
                  Floating
                    Rate Option:

                	
                  USD-LIBOR-BBA,
                    provided, however, that if the Floating Rate determined from
                    such Floating
                    Rate Option for any Calculation Period is greater than 10.50000%
                    then the
                    Floating Rate for such Calculation Period shall be deemed to
                    be
                    10.50000%.

                

        

        

        
          	 	 	
                  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

                

        

        

        
          	
                	Business
                  Day Convention:	
                  Following

                

        

        

        
          	
                	Calculation
                  Agent:	
                  Party
                    A

                

        

        

        
          	
                  3.

                	
                  Provisions
                    Deemed Incorporated in a Schedule to the ISDA Master
                    Agreement:

                

        

        

        
          	
                  Part
                    1.

                	
                  Termination
                    Provisions.

                

        

        

        For
          the
          purposes of this Agreement:-

        

        
          	(a)	
                  “Specified
                    Entity”
                    will not apply to Party A or Party B for any purpose.
                    

                

        

        

        
          	
                  (b)

                	
                  “Specified
                    Transaction”
                    will have the meaning specified in Section
                    14.

                

        

        

        
          	
                  (c)

                	
                  Events
                    of Default.

                

        

        

        The
          statement below that an Event of Default will apply to a specific party
          means
          that upon the occurrence of such an Event of Default with respect to such
          party,
          the other party shall have the rights of a Non-defaulting Party under Section
          6
          of this Agreement; conversely, the statement below that such event will
          not
          apply to a specific party means that the other party shall not have such
          rights.

        

        
          
            	
                  	(i)	
                    The
                      “Failure
                      to Pay or Deliver”
                      provisions of Section 5(a)(i) will apply to Party A and will
                      apply to
                      Party B; provided, however, that notwithstanding anything to
                      the contrary
                      in Section 5(a)(i) or in Paragraph 7 of the Credit Support
                      Annex, any
                      failure by Party A to comply with or perform any obligation
                      to be complied
                      with or performed by Party A under the Credit Support Annex
                      shall not
                      constitute an Event of Default under Section 5(a)(i) unless
                      (A) a Required
                      Ratings Downgrade Event has occurred and been continuing for
                      30 or more
                      Local Business Days and (B) such failure is not remedied on
                      or before the
                      third Local Business Day after notice of such failure is given
                      to Party
                      A.

                  

          

        

        

        
          
            	
                  	(ii)	
                    The
                      “Breach
                      of Agreement”
                      provisions of Section 5(a)(ii) will apply to Party A and will
                      not apply to
                      Party B.

                  

          

        

        

        
          
            	
                  	(iii)	
                    The
                      “Credit
                      Support Default”
                      provisions of Section 5(a)(iii) will apply to Party A and will
                      not apply
                      to Party B except that Section 5(a)(iii)(1) will apply to Party
                      B solely
                      in respect of Party B’s obligations under Paragraph 3(b) of the Credit
                      Support Annex; provided, however, that notwithstanding anything
                      to the
                      contrary in Section 5(a)(iii)(1), any failure by Party A to
                      comply with or
                      perform any obligation to be complied with or performed by
                      Party A under
                      the Credit Support Annex shall not constitute an Event of Default
                      under
                      Section 5(a)(iii) unless (A) a Required Ratings Downgrade Event
                      has
                      occurred and been continuing for 30 or more Local Business
                      Days and (B)
                      such failure is not remedied on or before the third Local Business
                      Day
                      after notice of such failure is given to Party
                      A.

                  

          

        

        

        
          
            	
                  	(iv)	
                    The
                      “Misrepresentation”
                      provisions of Section 5(a)(iv) will apply to Party A and will
                      not apply to
                      Party B. 

                  

          

        

        

        
          
            	
                  	(v)	
                    The
                      “Default
                      under Specified Transaction”
                      provisions of Section 5(a)(v) will apply to Party A and will
                      not apply to
                      Party B.

                  

          

        

        

        
          
            	
                  	(vi)	
                    The
                      “Cross
                      Default”
                      provisions of Section 5(a)(vi) will apply to Party A and will
                      not apply to
                      Party B. For purposes of Section 5(a)(vi), solely with respect
                      to Party
                      A:

                  

          

        

        

        “Specified
          Indebtedness” will have the meaning specified in Section 14.

        

        “Threshold
          Amount” means USD 100,000,000.

        

        
          
            	
                  	(vii)	
                    The
                      “Bankruptcy”
                      provisions of Section 5(a)(vii) will apply to Party A and will
                      apply to
                      Party B except that the provisions of Section 5(a)(vii)(2),
                      (6) (to the
                      extent that such provisions refer to any appointment contemplated
                      or
                      effected by the Pooling and Servicing Agreement or any appointment
                      to
                      which Party B has not become subject), (7) and (9) will not
                      apply to Party
                      B; provided that, with respect to Party B only, Section 5(a)(vii)(4)
                      is
                      hereby amended by adding after the words “against it” the words
                      “(excluding any proceeding or petition instituted or presented
                      by Party A
                      or its Affiliates)”, and Section 5(a)(vii)(8) is hereby amended by
                      deleting the words “to (7) inclusive” and inserting lieu thereof “, (3),
                      (4) as amended, (5), (6) as amended, or
                      (7)”.

                  

          

        

        

        
          
            	
                  	(viii)	
                    The
                      “Merger
                      Without Assumption”
                      provisions of Section 5(a)(viii) will apply to Party A and
                      will apply to
                      Party B.

                  

          

        

        

        
          	(d)	
                  Termination
                    Events.

                

        

        

        The
          statement below that a Termination Event will apply to a specific party
          means
          that upon the occurrence of such a Termination Event, if such specific
          party is
          the Affected Party with respect to a Tax Event, the Burdened Party with
          respect
          to a Tax Event Upon Merger (except as noted below) or the non-Affected
          Party
          with respect to a Credit Event Upon Merger, as the case may be, such specific
          party shall have the right to designate an Early Termination Date in accordance
          with Section 6 of this Agreement; conversely, the statement below that
          such an
          event will not apply to a specific party means that such party shall not
          have
          such right; provided, however, with respect to “Illegality” the statement that
          such event will apply to a specific party means that upon the occurrence
          of such
          a Termination Event with respect to such party, either party shall have
          the
          right to designate an Early Termination Date in accordance with Section
          6 of
          this Agreement.

        

        
          	
                	(i)	
                  The
                    “Illegality”
                    provisions of Section 5(b)(i) will apply to Party A and will
                    apply to
                    Party B.

                

        

        

        
          	 	
                  (ii)

                	
                  The
                    “Tax
                    Event”
                    provisions of Section 5(b)(ii) will apply to Party A and will
                    apply to
                    Party B. 

                

        

        

        
          	 	
                  (iii)

                	
                  The
                    “Tax
                    Event Upon Merger”
                    provisions of Section 5(b)(iii) will apply to Party A and will
                    apply to
                    Party B, provided that Party A shall not be entitled to designate
                    an Early
                    Termination Date by reason of a Tax Event upon Merger in respect
                    of which
                    it is the Affected Party.

                

        

        

        
          	 	
                  (iv)

                	
                  The
                    “Credit
                    Event Upon Merger”
                    provisions of Section 5(b)(iv) will not apply to Party A and
                    will not
                    apply to Party B.

                

        

        

        
          	
                  (e)

                	
                  The
                    “Automatic
                    Early Termination”
                    provision of Section 6(a) will not apply to Party A and will
                    not apply to
                    Party B.

                

        

        

        
          	(f)	
                  Payments
                    on Early Termination.
                    For the purpose of Section 6(e) of this
                    Agreement:

                

        

        

        
          
            	
                  	(i)	
                    The
                      Second Method will apply.

                  

          

        

        

        
          
            	
                  	(ii)	
                    Market
                      Quotation will apply, provided, however, that, if Party A is
                      the
                      Defaulting Party or the sole Affected Party, the following
                      provisions will
                      apply:

                  

          

        

        

        
          	 	
                  (A)

                	
                  Section
                    6(e) is hereby amended by inserting on the first line thereof
                    the words
                    “or is effectively designated” after “If an Early Termination Date
                    occurs”;

                

        

        

        
          	 	
                  (B)
                    

                	
                  The
                    definition of Market Quotation in Section 14 shall be deleted
                    in its
                    entirety and replaced with the following:

                

        

        

        “Market
          Quotation” means,
          with respect to one or more Terminated Transactions, and a party making
          the
          determination, an amount determined on the basis of one or more Firm Offers
          from
          Reference Market-makers that are Eligible Replacements. Each Firm Offer
          will be
          (1) for an amount that would be paid to Party B (expressed as a negative
          number)
          or by Party B (expressed as a positive number) in consideration of an agreement
          between Party B and such Reference Market-maker to enter into a Replacement
          Transaction, and (2) made on the basis that Unpaid Amounts in respect of
          the
          Terminated Transaction or group of Transactions are to be excluded but,
          without
          limitation, any payment or delivery that would, but for the relevant Early
          Termination Date, have been required (assuming satisfaction of each applicable
          condition precedent) after that Early Termination Date are to be included.
          The
          party making the determination (or its agent) will request each Reference
          Market-maker that is an Eligible Replacement to provide its Firm Offer
          to the
          extent reasonably practicable as of the same day and time (without regard
          to
          different time zones) on or as soon as reasonably practicable after the
          designation or occurrence of the relevant Early Termination Date. The day
          and
          time as of which those Firm Offers are to be provided (the “bid time”) will be
          selected in good faith by the party obliged to make a determination under
          Section 6(e), and, if each party is so obliged, after consultation with
          the
          other. If at least one Firm Offer from an Approved Replacement (which,
          if
          accepted, would determine the Market Quotation) is provided at the bid
          time, the
          Market Quotation will be the Firm Offer (among such Firm Offers as specified
          in
          clause (C) below) actually accepted by Party B no later than the Business
          Day
          immediately preceding the Early Termination Date. If no Firm Offer from
          an
          Approved Replacement (which, if accepted, would determine the Market Quotation)
          is provided at the bid time, it will be deemed that the Market Quotation
          in
          respect of such Terminated Transaction or group of Transactions cannot
          be
          determined.

        

        
          	 	
                  (C)

                	
                  If
                    more than one Firm Offer from an Approved Replacement (which,
                    if accepted,
                    would determine the Market Quotation) is provided at
                    the bid time,
                    Party B shall accept the Firm Offer (among such Firm Offers)
                    which would
                    require either (x) the lowest payment by Party B to the Reference
                    Market-maker, to the extent Party B would be required to make
                    a payment to
                    the Reference Market-maker or (y) the highest payment from the
                    Reference
                    Market-maker to Party B, to the extent the Reference Market-maker
                    would be
                    required to make a payment to Party B. If only one Firm Offer
                    from an
                    Approved Replacement (which, if accepted, would determine the
                    Market
                    Quotation) is provided at the bid time, Party B shall accept
                    such Firm
                    Offer.

                

        

        

        
          	 	
                  (D)

                	
                  If
                    Party B requests Party A in writing to obtain Market Quotations,
                    Party A
                    shall use its reasonable efforts to do so.

                

        

        

        
          	 	
                  (E)

                	
                  If
                    the Settlement Amount is a negative number, Section 6(e)(i)(3)
                    shall be
                    deleted in its entirety and replaced with the
                    following:

                

        

        

        “(3)
          Second
          Method and Market Quotation.
          If the
          Second Method and Market Quotation apply, (I) Party B shall pay to Party
          A an
          amount equal to the absolute value of the Settlement Amount in respect
          of the
          Terminated Transactions, (II) Party B shall pay to Party A the Termination
          Currency Equivalent of the Unpaid Amounts owing to Party A and (III) Party
          A
          shall pay to Party B the Termination Currency Equivalent of the Unpaid
          Amounts
          owing to Party B; provided, however, that (x) the amounts payable under
          the
          immediately preceding clauses (II) and (III) shall be subject to netting
          in
          accordance with Section 2(c) of this Agreement and (y) notwithstanding
          any other
          provision of this Agreement, any amount payable by Party A under the immediately
          preceding clause (III) shall not be netted-off against any amount payable
          by
          Party B under the immediately preceding clause (I).”

         

        
          	(g)	
                  “Termination
                    Currency”
                    means USD.

                

        

        

        
          	(h)	
                  Additional
                    Termination Events.
                    Additional Termination Events will apply as provided in Part
                    5(c).
                    

                

        

        

        Part
          2.  Tax
          Matters.

        

        
          	(a)	
                  Tax
                    Representations. 

                

        

        

        
          	 	
                  (i)

                	
                  Payer
                    Representations.
                    For the purpose of Section 3(e) of this Agreement:
                    

                

        

         

        
          	
                	(A)	
                  Party
                    A makes the following
                    representation(s):

                

        

        

        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 it to the other party under this Agreement. 

        

        In
          making
          this representation, it may rely on: 

        

        
          	 	
                  (1)

                	
                  the
                    accuracy of any representations made by the other party pursuant
                    to
                    Section 3(f) of this Agreement; 

                

        

        

        
          	 	
                  (2)

                	
                  the
                    satisfaction of the agreement 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 

                

        

        

        
          	 	
                  (3)

                	
                  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)	
                  Party
                    B makes the following
                    representation(s):

                

        

        

        None.

        

        
          	
                	(ii)	
                  Payee
                    Representations.
                    For the purpose of Section 3(f) of this Agreement:
                    

                

        

         

        
          	
                	(A)	
                  Party
                    A makes the following
                    representation(s):

                

        

        

        Party
          A
          is a corporation organized under the laws of the State of Delaware and
          its U.S.
          taxpayer identification number is 13-3866307.

         

        
          	
                	(B)	
                  Party
                    B makes the following
                    representation(s):

                

        

        

        None.

        

        
          	
                  (b)

                	
                  Tax
                    Provisions.

                

        

        

        
          	 	
                  (i)

                	
                  Gross
                    Up.
                    Section 2(d)(i)(4) shall not apply to Party B as X, such that
                    Party B
                    shall not be required to pay any additional amounts referred
                    to
                    therein.

                

        

        

        
          	 	
                  (ii)

                	
                  Indemnifiable
                    Tax.
                    Notwithstanding the definition of “Indemnifiable Tax” in Section 14 of
                    this Agreement, all Taxes in relation to payments by Party A
                    shall be
                    Indemnifiable Taxes (including any Tax imposed in relation to
                    a Credit
                    Support Document or in relation to any payment thereunder) unless
                    (i) such
                    Taxes are assessed directly against Party B and not by deduction
                    or
                    withholding by Party A or (ii) arise as a result of a Change
                    in Tax Law
                    (in which case such Tax shall be an Indemnifiable Tax only if
                    such Tax
                    satisfies the definition of Indemnifiable Tax provided in Section
                    14). In
                    relation to payments by Party B, no Tax shall be an Indemnifiable
                    Tax.

                

        

        

        Part
          3.  Agreement
          to Deliver Documents.  

        

        
          	(a)	
                  For
                    the purpose of Section 4(a)(i), tax forms, documents, or certificates
                    to
                    be delivered are:

                

        

        
          	
                  Party
                    required to deliver document

                	
                  Form/Document/

                  Certificate

                	
                  Date
                    by which to

                  be
                    delivered

                
	
                  Party
                    A

                	
                  An
                    original properly completed and executed United States Internal
                    Revenue
                    Service Form W-9 (or any successor thereto) with respect to any
                    payments
                    received or to be received by Party A that eliminates U.S. federal
                    withholding and backup withholding Tax on payments to Party A
                    under this
                    Agreement.

                	
                  (i)
                    upon execution of this Agreement, (ii) on or before the first
                    payment date
                    under this Agreement, including any Credit Support Document,
                    (iii)
                    promptly upon the reasonable demand by Party B, (iv) prior to
                    the
                    expiration or obsolescence of any previously delivered form,
                    and (v)
                    promptly upon the information on any such previously delivered
                    form
                    becoming inaccurate or incorrect.

                
	
                  Party
                    B

                	
                  (i)
                    Upon execution of this Agreement, an original properly completed
                    and
                    executed United States Internal Revenue Service Form W-9 (or
                    any successor
                    thereto) with respect to any payments received or to be received
                    by the
                    initial beneficial owner of payments to Party B that eliminates
                    U.S.
                    federal withholding and backup withholding Tax on payments to
                    Party B
                    under this Agreement, and (ii) thereafter, the appropriate tax
                    certification form (i.e., IRS Form W-9 or IRS Form W-8BEN, W-8IMY,
                    W-8EXP
                    or W-8ECI, as applicable (or any successor form thereto)) with
                    respect to
                    any payments received or to be received by the beneficial owner
                    of
                    payments to Party B under this Agreement from time to time.
                    

                	
                  (i)
                    upon execution of this Agreement, (ii) on or before the first
                    payment date
                    under this Agreement, including any Credit Support Document,
                    (iii) in the
                    case of a tax certification form other than a Form W-9, before
                    December 31
                    of each third succeeding calendar year, (iv) promptly upon the
                    reasonable
                    demand by Party B, (v) prior to the expiration or obsolescence
                    of any
                    previously delivered form, and (vi) promptly upon the information
                    on any
                    such previously delivered form becoming inaccurate or
                    incorrect.

                

        

        

        
          	(b)	
                  For
                    the purpose of Section 4(a)(ii), 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

                
	
                  Party
                    A and

                  Party
                    B

                	
                  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 the Agreement, this 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 the Agreement, this Confirmation and any Credit Support
                    Document, as
                    the case may be

                	
                  Upon
                    the execution and delivery of this Agreement

                	
                  Yes

                
	
                  Party
                    A and

                  Party
                    B

                	
                  A
                    certificate of an authorized officer of the party, as to the
                    incumbency
                    and authority of the respective officers of the party signing
                    the
                    Agreement, this Confirmation, and any relevant Credit Support
                    Document, as
                    the case may be

                	
                  Upon
                    the execution and delivery of this Agreement

                	
                  Yes

                
	
                  Party
                    A

                	
                  Annual
                    Report of Party A containing consolidated financial statements
                    certified
                    by independent certified public accountants and prepared in accordance
                    with generally accepted accounting principles in the country
                    in which
                    Party A is organized

                	
                  Upon
                    request by Party B

                	
                  Yes

                
	
                  Party
                    A

                	
                  Quarterly
                    Financial Statements of Party A containing unaudited, consolidated
                    financial statements of Party A’s fiscal quarter prepared in accordance
                    with generally accepted accounting principles in the country
                    in which
                    Party A is organized

                	
                  Upon
                    request by Party B

                	
                  Yes

                
	
                  Party
                    A and

                  Party
                    B

                	
                  An
                    opinion of counsel of such party regarding the enforceability
                    of this
                    Agreement in a form reasonably satisfactory to the other
                    party.

                	
                  Upon
                    the execution and delivery of this Agreement

                	
                  No

                
	
                  Party
                    B

                	
                  An
                    executed copy of the Pooling and Servicing Agreement

                	
                  Promptly
                    upon filing of such agreement with the U.S. Securities and Exchange
                    Commission

                	
                  No

                

        

        

        Part
          4. Miscellaneous. 

        

        
          	
                  (a)

                	
                  Address
                    for Notices:
                    For the purposes of Section 12(a) of this
                    Agreement:

                

        

        

        Address
          for notices or communications to Party A:

         

        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 Party B:

        

        Address:      
          Wells
          Fargo Bank, N.A.

                      
9062
          Old
          Annapolis Road

                      
Columbia,
          MD
          21045

        Attention:    
Client
          Manager - Soundview 2007-1

        Facsimile:    410-715-2380

        Phone:      410-884-2000

        (For
          all
          purposes)

        

        
          	(b)	
                  Process
                    Agent.
                    For the purpose of Section 13(c):

                

        

        

        Party
          A
          appoints as its Process Agent: Not applicable.

        

        Party
          B
          appoints as its Process Agent: Not applicable.

        

        
          	
                  (c)

                	
                  Offices.
                    The provisions of Section 10(a) will apply to this Agreement;
                    neither
                    Party A nor Party B has any Offices other than as set forth in
                    the Notices
                    Section.

                

        

        

        
          	
                  (d)

                	
                  Multibranch
                    Party.
                    For the purpose of Section 10(c) of this
                    Agreement:

                

        

        

        Party
          A
          is not a Multibranch Party.

        

        
          	 	
                  Party
                    B is not a Multibranch Party.

                

        

        

        
          	
                  (e)

                	
                  Calculation
                    Agent.
                    The Calculation Agent is Party A.

                

        

        

        
          	(f)	
                  Credit
                    Support Document. 

                

        

         

        
          	 	
                  Party
                    A:

                	
                  The
                    Credit Support Annex, and any guarantee in support of Party A’s
                    obligations under this Agreement.

                

        

        

        
          	
                	Party
                  B:	
                  The
                    Credit Support Annex.

                

        

        

        
          	
                  (g)

                	
                  Credit
                    Support Provider.

                

        

        

        
          	
                	Party
                  A:	
                  The
                    guarantor under any guarantee in support of Party A’s obligations under
                    this Agreement.

                

        

        

        
          	
                	Party
                  B:	
                  None.

                

        

        

        
          	
                  (h)

                	
                  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.

                

        

        

        
          	
                  (i)

                	
                  Netting
                    of Payments.
                    The parties agree that subparagraph (ii) of Section 2(c) will
                    apply to
                    each Transaction hereunder. 

                

        

        

        
          	
                  (j)

                	
                  Affiliate.
                    Party A and Party B shall be deemed to have no Affiliates for
                    purposes of
                    this Agreement, including for purposes of Section
                    6(b)(ii).

                

        

         

        Part
          5.  Others
          Provisions.

        

        
          	
                  (a)

                	
                  Definitions.
                    Unless
                    otherwise specified in a Confirmation, this Agreement and each
                    Transaction
                    under this Agreement are subject to the 2000 ISDA Definitions
                    as published
                    and copyrighted in 2000 by the International Swaps and Derivatives
                    Association, Inc. (the “Definitions”),
                    and will be governed in all relevant respects by the provisions
                    set forth
                    in the Definitions, without regard to any amendment to the Definitions
                    subsequent to the date hereof. The provisions of the Definitions
                    are
                    hereby incorporated by reference in and shall be deemed a part
                    of this
                    Agreement, except that (i) references in the Definitions to a
“Swap
                    Transaction” shall be deemed references to a “Transaction” for purposes of
                    this Agreement, and (ii) references to a “Transaction” in this Agreement
                    shall be deemed references to a “Swap Transaction” for purposes of the
                    Definitions. Each term capitalized but not defined in this Agreement
                    shall
                    have the meaning assigned thereto in the Pooling and Servicing
                    Agreement.

                

        

         

        
          	(b)	
                  Amendments
                    to ISDA Master Agreement.

                

        

        

        
          	 	
                  (i)

                	
                  Single
                    Agreement.
                    Section 1(c) is hereby amended by the adding the words “including, for the
                    avoidance of doubt, the Credit Support Annex” after the words “Master
                    Agreement”. 

                

        

        

        
          	 	
                  (ii)

                	
                  [Reserved.]
                    

                

        

        

        
          	 	
                  (iii)

                	
                  [Reserved.]

                

        

        

        
          	 	
                  (iv)

                	
                  Representations.
                    Section 3 is hereby amended by adding at the end thereof the
                    following
                    subsection (g): 

                

        

        

        
          	 	
                  “(g)

                	
                  Relationship
                    Between Parties. 

                

        

        

        
          	 	
                  (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, (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, (iii) it is not relying on any
                    communication
                    (written or oral) of the other party as investment advice or
                    as a
                    recommendation to enter into this Transaction; it being understood
                    that
                    information and explanations related to the terms and conditions
                    of this
                    Transaction shall not be considered investment advice or a recommendation
                    to enter into this Transaction, and (iv) it has not received
                    from the
                    other party any assurance or guaranty as to the expected results
                    of this
                    Transaction.

                

        

         

        
          	 	
                  (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 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 is an “eligible swap participant” as such term is
                    defined in, Section 35.1(b)(2) of the regulations (17 C.F.R.
                    35)
                    promulgated under, and an “eligible contract participant” as defined in
                    Section 1(a)(12) of the Commodity Exchange Act, as
                    amended.”

                

        

        

        
          	 	
                  (v)

                	
                  Transfer
                    to Avoid Termination Event.
                    Section 6(b)(ii) is hereby amended by (i) deleting the words
“or if a Tax
                    Event Upon Merger occurs and the Burdened Party is the Affected
                    Party,”
                    and (ii) deleting the last paragraph thereof and inserting the
                    following
                    in lieu thereof:

                

        

        

        “Notwithstanding
          anything to the contrary in Section 7 (as amended herein) and Part 5(f),
          any
          transfer by Party A under this Section 6(b)(ii) shall not require the consent
          of
          Party B for such transfer if the following conditions are
          satisfied:

        

        
          	 	
                  (1)

                	
                  the
                    transferee (the “Section 6 Transferee”) is an Eligible
                    Replacement;

                

        

        

        
          	 	
                  (2)

                	
                  if
                    the Section 6 Transferee is domiciled in a different country
                    or political
                    subdivision thereof from both Party A and Party B, such transfer
                    satisfies
                    the Rating Agency Condition;

                

        

        

        
          	 	
                  (3)

                	
                  the
                    Section 6 Transferee will not, as a result of such transfer,
                    be required
                    on the next succeeding Scheduled Payment Date to withhold or
                    deduct on
                    account of any Tax (except in respect of default interest) amounts
                    in
                    excess of that which Party A would, on the next succeeding Scheduled
                    Payment Date have been required to so withhold or deduct unless
                    the
                    Section 6 Transferee would be required to make additional payments
                    pursuant to Section 2(d)(i)(4) corresponding to such excess;
                    

                

        

        

        
          	 	
                  (4)

                	
                  a
                    Termination Event or Event of Default does not occur as a result
                    of such
                    transfer; and

                

        

        

        
          	 	
                  (5)

                	
                  the
                    Section 6 Transferee confirms in writing that it will accept
                    all of the
                    interests and obligations in and under this Agreement which are
                    to be
                    transferred to it in accordance with the terms of this
                    provision.”

                

        

        

        
          	 	
                  (vi)

                	
                  Jurisdiction.
                    Section
                    13(b) is hereby amended by: (i) deleting in the second line of
                    subparagraph (i) thereof the word "non-", (ii) deleting “; and” from the
                    end of subparagraph 1 and inserting “.” in lieu thereof, and (iii)
                    deleting the final paragraph
                    thereof.

                

        

        

        
          	 	
                  (vii)

                	
                  Local
                    Business Day.
                    The definition of Local Business Day in Section 14 is hereby
                    amended by
                    the addition of the words “or any Credit Support Document” after “Section
                    2(a)(i)” and the addition of the words “or Credit Support Document” after
                    “Confirmation”. 

                

        

        

        
          	
                  (c)

                	
                  Additional
                    Termination Events.
                    The following Additional Termination Events will
                    apply:

                

        

        

        
          	
                	(i)	
                  S&P/Fitch
                    First Level Downgrade.
                    If
                    an S&P/Fitch Approved Ratings Downgrade Event has occurred and is
                    continuing and Party A fails to take any action described under
                    Part
                    (5)(d)(i)(1), within the time period specified therein, then
                    an Additional
                    Termination Event shall have occurred with respect to Party A,
                    Party A
                    shall be the sole Affected Party with respect to such Additional
                    Termination Event and all Transactions hereunder shall be Affected
                    Transaction.

                

        

        

        
          	
                	(ii)	
                  Moody’s
                    First Rating Trigger Collateral.
                    If
                    (A) it is not the case that a Moody’s Second Trigger Ratings Event has
                    occurred and been continuing for 30 or more Local Business Days
                    and (B)
                    Party
                    A has failed to comply with or perform any obligation to be complied
                    with
                    or performed by Party A in accordance with the Credit Support
                    Annex, then
                    an Additional Termination Event shall have occurred with respect
                    to Party
                    A, Party A shall be the sole Affected Party with respect to such
                    Additional Termination Event and all Transactions hereunder shall
                    be
                    Affected Transactions. 

                

        

        

        
          	
                	(iii)	
                  S&P/Fitch
                    Second Level Downgrade.
                    If
                    an S&P/Fitch Required Ratings Downgrade Event has occurred and is
                    continuing and Party A fails to take any action described under
                    Part
                    (5)(d)(i)(2) within the time period specified therein, then an
                    Additional
                    Termination Event shall have occurred with respect to Party A,
                    Party A
                    shall be the sole Affected Party with respect to such Additional
                    Termination Event and all Transactions hereunder shall be Affected
                    Transaction.

                

        

        

        
          	
                	(iv)	
                  Moody’s
                    Second Rating Trigger Replacement.
                    If
                    (A) a Moody’s Second Trigger Ratings Event has occurred and been
                    continuing for 30 or more Local Business Days and (B) (i) at
                    least one
                    Eligible Replacement has made a Firm Offer to be the transferee
                    of all of
                    Party A’s rights and obligations under this Agreement (and such Firm
                    Offer
                    remains an offer that will become legally binding upon such Eligible
                    Replacement upon acceptance by the offeree) and/or (ii) an Eligible
                    Guarantor has made a Firm Offer to provide an Eligible Guarantee
                    (and such
                    Firm Offer remains an offer that will become legally binding
                    upon such
                    Eligible Guarantor immediately upon acceptance by the offeree),
                    then an
                    Additional Termination Event shall have occurred with respect
                    to Party A,
                    Party A shall be the sole Affected Party with respect to such
                    Additional
                    Termination Event and all Transactions hereunder shall be Affected
                    Transactions. 

                

        

         

        
          	
                	(v)	
                  Amendment
                    of the Pooling and Servicing Agreement.
                    If, without the prior written consent of Party A where such consent
                    is
                    required under the Pooling and Servicing Agreement (such consent
                    not to be
                    unreasonably withheld), an amendment is made to the Pooling and
                    Servicing
                    Agreement which amendment could reasonably be expected to have
                    a material
                    adverse effect on the interests of Party A under this Agreement,
                    an
                    Additional Termination Event shall have occurred with respect
                    to Party B,
                    Party B shall be the sole Affected Party with respect to such
                    Additional
                    Termination Event and all Transactions hereunder shall be Affected
                    Transactions. 

                

        

        

        
          	
                	(vi)	
                  Optional
                    Termination of Securitization. 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.
                    Party B
                    shall be the sole Affected Party with respect to such Additional
                    Termination Event; provided, however, that notwithstanding anything
                    to the
                    contrary in Section 6(b)(iv), only Party B may designate an Early
                    Termination Date in respect of this Additional Termination
                    Event.

                

        

         

        
          	
                  (d)

                	
                  Rating
                    Agency Downgrade.  

                

        

        

        
          	
                	(i)	
                  S&P/Fitch
                    Downgrade:

                

        

        

        
          	 	
                  (1)

                	
                  In
                    the event that an S&P/Fitch Approved Ratings Downgrade Event occurs
                    and is continuing, then within 30 days after such rating downgrade,
                    Party
                    A shall, subject to the Rating Agency Condition with respect
                    to S&P
                    and Fitch at its own expense, either (i) procure a Permitted
                    Transfer,
                    (ii) obtain an Eligible Guarantee or (iii) post collateral in
                    accordance
                    with the Credit Support Annex.

                

        

        

        
          	 	
                  (2)

                	
                  In
                    the event that an S&P/Fitch Required Ratings Downgrade Event occurs
                    and is continuing, then within 10 Local Business Days after such
                    rating
                    withdrawal or downgrade, Party A shall, subject to the Rating
                    Agency
                    Condition with respect to S&P and Fitch at its own expense, procure
                    either (i) a Permitted Transfer or (ii) an Eligible
                    Guarantee.

                

        

        

        
          	
                	(ii)	
                  Moody’s
                    Downgrade.

                

        

        

        
          	 	
                  (1)
                    

                	
                  In
                    the event that a Moody’s Second Trigger Ratings Event occurs and is
                    continuing, Party A shall, as soon as reasonably practicable
                    thereafter,
                    at its own expense and using commercially reasonable efforts,
                    either (i)
                    procure a Permitted Transfer or (ii) obtain an Eligible Guarantee.
                    

                

        

        

        
          	
                  (e)
                    

                	
                  Compliance
                    with Regulation AB. 

                

        

        

        

        
          	 	
                  (i)
                    

                	
                  Bear
                    Stearns agrees and acknowledges that Financial Asset Securities
                    Corp.
                    (“Depositor”) is required under Regulation AB under the Securities Act of
                    1933, as amended (the “Act”), and the Securities Exchange Act of 1934, as
                    amended (the “Exchange Act”) (“Regulation AB”), to disclose certain
                    financial information regarding Bear Stearns or its group of
                    affiliated
                    entities, if applicable, depending on the aggregate “significance
                    percentage” of this Agreement and any other derivative contracts between
                    Bear Stearns 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 cap disclosure event (“Cap Disclosure Event”) if, on any
                    Business Day after the date hereof, Depositor requests from Bear
                    Stearns
                    the applicable financial information described in Item 1115 of
                    Regulation
                    AB (such request to be based on a reasonable determination by
                    Depositor,
                    in good faith, that such information is required under Regulation
                    AB with
                    respect to this Transaction) (the “Cap Financial
                    Disclosure”).

                

        

         

        
          	 	
                  (iii)
                    

                	
                  Upon
                    the occurrence of a Cap Disclosure Event, Bear Stearns, at its
                    own
                    expense, shall either (1)(a) (i) provide to Depositor the current
                    Cap
                    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 Depositor
                    to
                    incorporation by reference of such current Cap 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 Cap Financial Disclosure in the Exchange Act Reports
                    of
                    Depositor, and (c) provide to Depositor any updated Cap Financial
                    Disclosure with respect to Bear Stearns within five days of the
                    release of
                    any such updated Swap Financial Disclosure (but in no event more
                    than 45
                    days after the end of each of Bear Stearns’s fiscal quarter for any
                    quarterly update); (2) secure another entity to replace Bear
                    Stearns as
                    party to this Agreement by way of a Permitted Transfer on terms
                    substantially similar to this Agreement, which entity (or a guarantor
                    therefore) satisfies the Rating Agency Condition and which entity
                    is able
                    to comply with the requirements of Item 1115 of Regulation AB
                    and rule
                    3-10(b) of Regulation S-X, or (3) obtain a guaranty of Bear Stearns’s
                    obligations under this Agreement from an affiliate of Bear Stearns
                    that is
                    able to comply with the financial information disclosure requirements
                    of
                    Item 1115 of Regulation AB and rule 3-10(b) of Regulation S-X,
                    and cause
                    such affiliate to provide Cap Financial Disclosure and any future
                    Cap
                    Financial Disclosure, such that disclosure provided in respect
                    of such
                    affiliate will satisfy any disclosure requirements applicable
                    to the Cap
                    Provider.

                

        

         

        
          	
                	(iv)	
                  (a)
                     Bear
                    Stearns hereby agrees to indemnify and hold harmless Depositor,
                    the
                    respective present and former directors, officers, employees
                    and agents of
                    each of the foregoing and each person, if any, who controls Depositor
                    within the meaning of Section 15 of the Act, or Section 20 of
                    the Exchange
                    Act, from and against any and all losses, claims, liabilities,
                    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 as and when such losses, claims, liabilities, damages,
                    penalties,
                    fines forfeitures, legal fees or expenses or related costs, judgments,
                    or
                    any other costs, fees or expenses are incurred, insofar as such
                    losses,
                    claims, liabilities, damages, penalties, fines forfeitures, legal
                    fees or
                    expenses or related costs, judgments, or any other costs, fees
                    or expenses
                    (or actions in respect thereof) arise out of or are based upon
                    any untrue
                    statement or alleged untrue statement of any material fact contained
                    in
                    the Cap Financial Disclosure, or arise out of, or are based upon,
                    the
                    omission or alleged omission to state in the Cap Financial Disclosure
                    any
                    material fact required to be stated therein or necessary to make
                    the
                    statements in the Cap Financial Disclosure, as applicable, in
                    light of the
                    circumstances under which they were made, not misleading, and
                    Bear Stearns
                    shall reimburse Depositor, the present and former respective
                    officers,
                    directors, employees and agents of each of the foregoing and
                    any such
                    controlling person for any legal or other expenses reasonably
                    incurred by
                    it or any of them in connection with investigating or defending
                    any such
                    losses, claims, liabilities, damages, penalties, fines, forfeitures,
                    legal
                    fees or expenses or related costs, judgments, or any other costs,
                    fees or
                    expenses, as and when incurred.

                

        

         

        (b)
           If
          (i)
          Bear Stearns fails to provide the Cap Financial Disclosure or any required
          auditor’s consents to Depositor pursuant to Section 16(iii) hereof (a “Cap
          Financial Disclosure Failure”), (ii) as a result of such Cap Financial
          Disclosure Failure an Early Termination Date is designated hereunder by
          Counterparty and (iii) such Cap Financial Disclosure Failure results in
          a
          failure by Depositor to file a report required by the Exchange Act, Bear
          Stearns
          hereby agrees to reimburse Depositor, the present and former respective
          officers, directors, employees and agents of each of the foregoing and
          any such
          controlling person for any legal or other expenses reasonably incurred
          by it or
          any of them in connection with the investigation or defense of any inquiry
          or
          investigation by the Securities and Exchange Commission resulting from
          such Cap
          Financial Disclosure Failure; provided that in no event shall Bear Stearns
          be
          required to indemnify Depositor, the present and former respective officers,
          directors, employees and agent of each of the foregoing and any such controlling
          person for any lost profit or damages with respect to this Transaction
          or any
          other transaction (whether such lost profit or damages is characterized
          as
          indirect, punitive, consequential, special damages or otherwise), even
          if at the
          time of such failure Bear Stearns is aware of the possibility of such lost
          profit or damages.

        

        
          	 	
                  (v)

                	
                  Depositor
                    shall be an express third party beneficiary of this Agreement
                    as if a
                    party hereto to the extent of Depositor’s rights explicitly specified in
                    this Part 5(e).

                

        

         

        
          	
                  (f)

                	
                  Transfers. 

                

        

         

        
          	
                	(i)	
                  Section
                    7 is hereby amended to read in its entirety as
                    follows:

                

        

         

        “Except
          with respect to a Permitted Transfer pursuant to Section 6(b)(ii), Part
          5(d),
          Part 5(b)(v) or the succeeding sentence, neither Party A nor Party B is
          permitted to assign, novate or transfer (whether by way of security or
          otherwise) as a whole or in part any of its rights, obligations or interests
          under the Agreement or any Transaction unless (a) the prior written consent
          of
          the other party is obtained and (b) prior to written notice is provided
          to the
          Swap Rating Agencies. At any time at which no Relevant Entity has credit
          ratings
          at least equal to the Approved Ratings Threshold, Party A may make a Permitted
          Transfer.” 

         

        
          	 	
                  (ii)

                	
                  If
                    an Eligible Replacement has made a Firm Offer (which remains
                    an offer that
                    will become legally binding upon acceptance by Party B) to be
                    the
                    transferee pursuant to a Permitted Transfer, Party B shall, at
                    Party A’s
                    written request and at Party A’s expense, execute such documentation
                    provided to it as is reasonably deemed necessary by Party A to
                    effect such
                    transfer. 

                

        

         

        
          	
                  (g)

                	
                  [Reserved]

                

        

        

        
          	
                  (h)

                	
                  Timing
                    of Payments
                    by Party B upon Early Termination.
                    Notwithstanding anything to the contrary in Section 6(d)(ii),
                    to the
                    extent that all or a portion (in either case, the “Unfunded Amount”) of
                    any amount that is calculated as being due in respect of any
                    Early
                    Termination Date under Section 6(e) from Party B to Party A will
                    be paid
                    by Party B from amounts other than any upfront payment paid to
                    Party B by
                    an Eligible Replacement that has entered a Replacement Transaction
                    with
                    Party B, then such Unfunded Amount shall be due on the next subsequent
                    Distribution Date following the date on which the payment would
                    have been
                    payable as determined in accordance with Section 6(d)(ii), and
                    on any
                    subsequent Distribution Dates until paid in full (or if such
                    Early
                    Termination Date is the final Distribution Date, on such final
                    Distribution Date); provided, however, that if the date on which
                    the
                    payment would have been payable as determined in accordance with
                    Section
                    6(d)(ii) is a Distribution Date, such payment will be payable
                    on such
                    Distribution Date.

                

        

        

        
          	
                  (i)

                	
                  Rating
                    Agency Notifications. Notwithstanding
                    any other provision of this Agreement, no Early Termination Date
                    shall be
                    effectively designated hereunder by Party B and no transfer of
                    any rights
                    or obligations under this Agreement shall be made by either party
                    unless
                    each Swap Rating Agency has been given prior written notice of
                    such
                    designation or transfer. 

                

        

        

        
          	
                  (j)

                	
                  No
                    Set-off.
                    Except as expressly provided for in Section 2(c), Section 6 or
                    Part
                    1(f)(i)(D) hereof, and notwithstanding any other 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.
                    Section 6(e) shall be amended by deleting the following sentence:
“The
                    amount, if any, payable in respect of an Early Termination Date
                    and
                    determined pursuant to this Section will be subject to any
                    Set-off.”.

                

        

         

        
          	
                  (k)

                	
                  Amendment.
                    Notwithstanding any provision to the contrary in this Agreement,
                    no
                    amendment of either this Agreement or any Transaction under this
                    Agreement
                    shall be permitted by either party unless each of the Swap Rating
                    Agencies
                    has been provided prior written notice of the
                    same.

                

        

        

        
          	
                  (l)

                	
                  Notice
                    of Certain Events or Circumstances.
                    Each Party agrees, upon learning of the occurrence or existence
                    of any
                    event or condition that constitutes (or that with the giving
                    of notice or
                    passage of time or both would constitute) an Event of Default
                    or
                    Termination Event with respect to such party, promptly to give
                    the other
                    Party and to each Swap Rating Agency notice of such event or
                    condition;
                    provided that failure to provide notice of such event or condition
                    pursuant to this Part 5(l) shall not constitute an Event of Default
                    or a
                    Termination Event.

                

        

         

        
          	(m)	
                  Proceedings.
                    No
                    Relevant Entity shall institute against, or cause any other person
                    to
                    institute against, or join any other person in instituting against
                    Party B
                    or the trust formed pursuant to the Pooling and Servicing Agreement,
                    in
                    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 (or, if longer, the applicable
                    preference period) and one day following payment in full of the
                    Certificates and any Notes. This provision will survive the termination
                    of
                    this Agreement. 

                

        

        

        
          	
                  (n)

                	
                  Trust
                    Administrator Liability Limitations.
                    It
                    is expressly understood and agreed by the parties hereto that
                    (a) this
                    Agreement is executed by Wells Fargo Bank, N.A. (“Wells”) not in its
                    individual capacity, but solely as Trust Administrator under
                    the Pooling
                    and Servicing Agreement in the exercise of the powers and authority
                    conferred and invested in it thereunder; (b) Wells has been directed
                    pursuant to the Pooling and Servicing Agreement to enter into
                    this
                    Agreement and to perform its obligations hereunder; (c) each
                    of the
                    representations, undertakings and agreements herein made on behalf
                    of the
                    Depositor is made and intended not as personal representations
                    of Wells
                    but is made and intended for the purpose of binding only the
                    Depositor;
                    and (d) under no circumstances shall Wells
                    in its individual capacity be personally liable for any payments
                    hereunder
                    or for the breach or failure of any obligation, representation,
                    warranty
                    or covenant made or undertaken under this
                    Agreement.

                

        

        

        
          	
                  (o)

                	
                  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) in any respect,
                    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; provided, however, that this severability provision
                    shall not be
                    applicable if any provision of Section 2, 5, 6, or 13 (or any
                    definition
                    or provision in Section 14 to the extent it relates to, or is
                    used in or
                    in connection with any such Section) shall be so held to be invalid
                    or
                    unenforceable. 

                

        

        

        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. 

        

        
          	
                  (p)

                	
                  Agent
                    for Party B. Party
                    A acknowledges that Party B has appointed the Trust Administrator
                    as its
                    agent under the Pooling and Servicing Agreement to carry out
                    certain
                    functions on behalf of Party B, and that the Trust Administrator
                    shall be
                    entitled to give notices and to perform and satisfy the obligations
                    of
                    Party B hereunder on behalf of Party
                    B.

                

        

         

        
          	
                  (q)

                	
                  Limitation
                    on Events of Default.
                    Notwithstanding the provisions of Sections 5 and 6, if at any
                    time and so
                    long as Party B has satisfied in full all its payment obligations
                    under
                    Section 2(a)(i) and has at the time no future payment obligations,
                    whether
                    absolute or contingent, under such Section, then unless Party
                    A is
                    required pursuant to appropriate proceedings to return to Party
                    B or
                    otherwise returns to Party B upon demand of Party B any portion
                    of any
                    such payment, (a) the occurrence of an event described in Section
                    5(a)
                    with respect to Party B shall not constitute an Event of Default
                    or
                    Potential Event of Default with respect to Party B as Defaulting
                    Party and
                    (b) Party A shall be entitled to designate an Early Termination
                    Date
                    pursuant to Section 6 only as a result of the occurrence of a
                    Termination
                    Event set forth in either Section 5(b)(i) or 5(b)(ii) with respect
                    to
                    Party A as the Affected Party, or Section 5(b)(iii) with respect
                    to Party
                    A as the Burdened Party. For purposes of the Transaction to which
                    this
                    Agreement relates, Party B’s only obligation under Section 2(a)(i) is to
                    pay the Fixed Amount on the Fixed Amount Payer Payment
                    Date.

                

        

        

        
          	
                  (r)

                	
                  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 trading, marketing, and operations personnel of the parties
                    and
                    their Affiliates, waives any further notice of such monitoring
                    or
                    recording, and agrees to notify such personnel of such monitoring
                    or
                    recording. 

                

        

         

        
          	
                  (s)

                	
                  Waiver
                    of Jury Trial.
                    Each party waives any right it may have to a trial by jury in
                    respect of
                    any suit, action or proceeding relating to this Agreement or
                    any Credit
                    Support Document. 

                

        

        

        
          	
                  (t)

                	
                  Form
                    of ISDA Master Agreement. Party
                    A and Party B hereby agree that the text of the body of the ISDA
                    Master
                    Agreement is intended to be the printed form of the ISDA Master
                    Agreement
                    (Multicurrency - Crossborder) as published and copyrighted in
                    1992 by the
                    International Swaps and Derivatives Association,
                    Inc.

                

        

        

        
          	
                  (u)

                	
                  Payment
                    Instructions.
                    Party A hereby agrees that, unless notified in writing by Party
                    B of other
                    payment instructions, any and all amounts payable by Party A
                    to Party B
                    under this Agreement shall be paid to the account specified in
                    Item 4 of
                    this Confirmation, below. 

                

        

        

        
          	
                  (v)

                	
                  Capacity.
                    Party A represents to Party B on the date on which Party A enters
                    into
                    this Agreement that it is entering into the Agreement and the
                    Transaction
                    as principal and not as agent of any person. The Trust Administrator
                    represents to Party A on the date on which Party
                    B enters
                    into this Agreement that Trust Administrator is executing the
                    Agreement
                    not in its individual capacity, but solely as Trust Administrator
                    on
                    behalf of the Trust.

                

        

        

        
          	
                  (w)

                	
                  Substantial
                    financial transactions.
                    Each party hereto is hereby advised and acknowledges as of the
                    date hereof
                    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 shall be deemed repeated
                    on the
                    trade date of each Transaction.

                

        

        

        
          	
                  (x)

                	
                  [Reserved].

                

        

        

        
          	
                  (y)

                	
                  [Reserved].

                

        

        

        
          	(z)	
                  Additional
                    Definitions. 

                

        

         

        As
          used
          in this Agreement, the following terms shall have the meanings set forth
          below,
          unless the context clearly requires otherwise: 

         

        “Approved
          Ratings Threshold”
          means
          each of the S&P Approved Ratings Threshold, the Moody’s First Trigger
          Ratings Threshold, and the Fitch Approved Ratings Threshold.

        

        “Approved
          Replacement” means,
          with respect to a Market Quotation, an entity making such Market Quotation,
          which entity would satisfy conditions (a), (b), (c) and (d)of the definition
          of
          Permitted Transfer (as determined by Party B in its sole discretion, acting
          in a
          commercially reasonable manner) if such entity were a Transferee, as defined
          in
          the definition of Permitted Transfer.

        

        “Eligible
          Guarantee”
          means an
          unconditional and irrevocable guarantee of all present and future payment
          obligations and obligations to post collateral of Party A or an Eligible
          Replacement to Party B under this Agreement that is provided by an Eligible
          Guarantor as principal debtor rather than surety and that is directly
          enforceable by Party B, the form and substance of which guarantee are subject
          to
          the Rating Agency Condition with respect to S&P and Fitch.

        

        “Eligible
          Guarantor” means
          an
          entity that (A) has credit ratings from S&P at least equal to the S&P
          Approved Ratings Threshold and from Fitch at least equal to the Fitch Approved
          Ratings Threshold and (B) has credit ratings from Moody’s at least equal to the
          Moody’s Second Trigger Ratings Threshold, provided, for the avoidance of doubt,
          that an Eligible Guarantee of an Eligible Guarantor with credit ratings
          below
          the Moody’s First Trigger Ratings Threshold will not cause a Collateral Event
          (as defined in the Credit Support Annex) not to occur or continue with
          respect
          to Moody’s.  

        

        “Eligible
          Replacement”
          means an
          entity (A) (i) (a) that has credit ratings from S&P at least equal to the
          S&P Approved Ratings Threshold and from Fitch at least equal to the Fitch
          Approved Ratings Threshold, and (b) has credit ratings from Moody’s at least
          equal to the Moody’s Second Trigger Ratings Threshold, provided, for the
          avoidance of doubt, that an Eligible Replacement with credit ratings below
          the
          Moody’s First Trigger Ratings Threshold will not cause a Collateral Event (as
          defined in the Credit Support Annex) not to occur or continue with respect
          to
          Moody’s, or (ii) the present and future obligations (for the avoidance of doubt,
          not limited to payment obligations) of which entity to Party B under this
          Agreement are guaranteed pursuant to an Eligible Guarantee and (B) that
          has
          executed an Item 1115 Agreement with Depositor and Sponsor. 

        

        “Estimated
          Swap Termination Payment”
          means,
          with respect to an Early Termination Date, an amount determined by Party
          A in
          good faith and in a commercially reasonable manner as the maximum payment
          that
          could be owed by Party B to Party A in respect of such Early Termination
          Date
          pursuant to Section 6(e) of the ISDA Master Agreement, taking into account
          then
          current market conditions.

        

        “Firm
          Offer”
          means
          (A) with respect to an Eligible Replacement, a quotation from such Eligible
          Replacement (i) in an amount equal to the actual amount payable by or to
          Party B
          in consideration of an agreement between Party B and such Eligible Replacement
          to replace Party A as the counterparty to this Agreement by way of novation
          or,
          if such novation is not possible, an agreement between Party B and such
          Eligible
          Replacement to enter into a Replacement Transaction (assuming that all
          Transactions hereunder become Terminated Transactions), and (ii) that
          constitutes an offer by such Eligible Replacement to replace Party A as
          the
          counterparty to this Agreement or enter a Replacement Transaction that
          will
          become legally binding upon such Eligible Replacement upon acceptance by
          Party
          B, and (B) with respect to an Eligible Guarantor, an offer by such Eligible
          Guarantor to provide an Eligible Guarantee that will become legally binding
          upon
          such Eligible Guarantor upon acceptance by the offeree.

        

        “Fitch”
          means
          Fitch Ratings Ltd., or any successor thereto. 

        

        “Fitch
          Approved Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a long-term unsecured and unsubordinated debt rating
          from
          Fitch of “A” and a short-term unsecured and unsubordinated debt rating from
          Fitch of “F1”.

        

        “Fitch
          Required Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a long-term unsecured and unsubordinated debt rating
          from
          Fitch of “BBB-”.

        

        “Moody’s”
          means
          Moody’s Investors Service, Inc., or any successor thereto. 

        

        “Moody’s
          First Trigger Ratings Event”
          means
          that no Relevant Entity has credit ratings from Moody’s at least equal to the
          Moody’s First Trigger Ratings Threshold. 

        

        “Moody’s
          First Trigger Ratings Threshold” means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, (i) if such entity has a short-term unsecured and
          unsubordinated debt rating from Moody’s, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a
          short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1”,
          or (ii) if such entity does not have a short-term unsecured and unsubordinated
          debt rating or counterparty rating from Moody’s, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from Moody’s of
“A1”.

        

        “Moody’s
          Second Trigger Ratings Event”
          means
          that no Relevant Entity has credit ratings from Moody’s at least equal to the
          Moody’s Second Trigger Ratings Threshold. 

        

        “Moody’s
          Second Trigger Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, (i) if such entity has a short-term unsecured and
          unsubordinated debt rating from Moody’s, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a
          short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2”,
          or (ii) if such entity does not have a short-term unsecured and unsubordinated
          debt rating from Moody’s, a long-term unsecured and unsubordinated debt rating
          or counterparty rating from Moody’s of “A3”.

        

        “Permitted
          Transfer” means
          a
          transfer by novation by Party A pursuant to Section 6(b)(ii), Part 5(d),
          Part
          5(b)(v) Part 5(e), or the second sentence of Section 7 (as amended herein)
          to a
          transferee (the “Transferee”)
          of all,
          but not less than all, of Party A’s rights, liabilities, duties and obligations
          under this Agreement, with
          respect to which transfer each of the following conditions is
          satisfied:
          (a) the
          Transferee is an Eligible Replacement; (b) Party A and the Transferee are
          both
“dealers in notional principal contracts” within the meaning of Treasury
          regulations section 1.1001-4 (in each case as certified by such entity);
          (c) as
          of the date of such transfer the Transferee would not be required to withhold
          or
          deduct on account of Tax from any payments under this Agreement or would
          be
          required to gross up for such Tax under Section 2(d)(i)(4); (d) an Event
          of
          Default or Termination Event would not occur as a result of such transfer;
          (e)
          pursuant to a written instrument (the “Transfer
          Agreement”),
          the
          Transferee acquires and assumes all rights and obligations of Party A under
          the
          Agreement and the relevant Transaction; (f) Party B shall have determined,
          in
          its sole discretion, acting in a commercially reasonable manner, that such
          Transfer Agreement is effective to transfer to the Transferee all, but
          not less
          than all, of Party A’s rights and obligations under the Agreement and all
          relevant Transactions; (g) Party A will be responsible for any costs or
          expenses
          incurred in connection with such transfer (including any replacement cost
          of
          entering into a replacement transaction); (h) either (A) Moody’s has been given
          prior written notice of such transfer and the Rating Agency Condition is
          satisfied with respect to S&P and Fitch or (B) each Swap Rating Agency has
          been given prior written notice of such transfer and such transfer is in
          connection with the assignment and assumption of this Agreement without
          modification of its terms, other than party names, dates relevant to the
          effective date of such transfer, tax representations (provided that the
          representations in Part 2(a)(i) are not modified) and any other representations
          regarding the status of the substitute counterparty of the type included
          in Part
          5(b)(iv), Part 5(v)(i)(2) or Part 5(v)(ii), notice information and account
          details; and (i) such transfer otherwise complies with the terms of the
          Pooling
          and Servicing Agreement.

         

        “Rating
          Agency Condition”
          means,
          with respect to any particular proposed act or omission to act hereunder
          and
          each Swap Rating Agency specified in connection with such proposed act
          or
          omission, that the party acting or failing to act must consult with each
          of the
          specified Swap Rating Agencies and receive from each such Swap 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
          or
          Notes.

        

        “Relevant
          Entity” means
          Party A and, to the extent applicable, a guarantor under an Eligible
          Guarantee.

        

        “Replacement
          Transaction”
          means,
          with respect to any Terminated Transaction or group of Terminated Transactions,
          a transaction or group of transactions that (i) would have the effect of
          preserving for Party B the economic equivalent of any payment or delivery
          (whether the underlying obligation was absolute or contingent and assuming
          the
          satisfaction of each applicable condition precedent) by the parties under
          Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated
          Transactions that would, but for the occurrence of the relevant Early
          Termination Date, have been required after that Date, and (ii) has terms
          which
          are substantially the same as this Agreement, including, without limitation,
          rating triggers, Regulation AB compliance, and credit support documentation,
          save for the exclusion of provisions relating to Transactions that are
          not
          Terminated Transaction, as determined by Party B in its sole discretion,
          acting
          in a commercially reasonable manner.

        

        “Required
          Ratings Downgrade Event”
          means
          that no Relevant Entity has credit ratings at least equal to the Required
          Ratings Threshold. For purposes of determining whether a Required Ratings
          Downgrade Event has occurred, each Relevant Entity shall provide its credit
          ratings to Party B in writing, upon request of Party B.

        

        “Required
          Ratings Threshold” means
          each of the S&P Required Ratings Threshold, the Moody’s Second Trigger
          Ratings Threshold and the Fitch Required Ratings Threshold.

        

        “S&P”
          means
          Standard & Poor's Rating Services, a division of The McGraw-Hill Companies,
          Inc., or any successor thereto. 

        

        “S&P/Fitch
          Approved Ratings Downgrade Event”
          means
          that no Relevant Entity has credit ratings at least equal to the S&P
          Approved Ratings Threshold and the Fitch Approved Ratings
          Threshold.

        

        “S&P
          Approved Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a short-term unsecured and unsubordinated debt rating
          from
          S&P of “A-1”, or, if such entity does not have a short-term unsecured and
          unsubordinated debt rating from S&P, a long-term unsecured and
          unsubordinated debt rating or counterparty rating from S&P of
“A+”.

        

        “S&P/Fitch
          Required Ratings Downgrade Event”
          means
          that no Relevant Entity has credit ratings at least equal to the S&P
          Required Ratings Threshold and the Fitch Required Ratings
          Threshold.

        

        “S&P
          Required Ratings Threshold”
          means,
          with respect to Party A, the guarantor under an Eligible Guarantee or an
          Eligible Replacement, a long-term unsecured and unsubordinated debt rating
          or
          counterparty rating from S&P of “BBB-”.

        

        “Swap
          Rating Agencies”
          means,
          with respect to any date of determination, each of S&P, Moody’s and Fitch,
          to the extent that each such rating agency is then providing a rating for
          any of
          the Soundview Home Loan Trust 2007-1, Asset-Backed Certificates, Series
          2007-1
          (the “Certificates”) or any notes backed by the Certificates (the
“Notes”).

        

         

        [Remainder
          of this page intentionally left blank.]

         

        
          	4.	
                  Account
                    Details and Settlement Information:  

                

        

         

        Payments
          to Party A:

        

        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 Party B:

        

        Wells
          Fargo Bank, NA

        San
          Francisco, CA

        ABA#
          121-000-248

        Acct#
          3970771416

        Acct
          Name: SAS Clearing

        FFC:
          50992403

        

        

        NEITHER
          THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE
          BEAR
          STEARNS COMPANIES INC. OTHER THAN PARTY A IS AN OBLIGOR OR A CREDIT SUPPORT
          PROVIDER ON THIS AGREEMENT.

        

        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.

        

        Party
          B
          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 Party A a facsimile of the fully-executed
          Confirmation to 212-272-9857. For inquiries regarding U.S. Transactions,
          please
          contact Derivatives Documentation by telephone at 212-272-2711. 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.

         

        

        SCHEDULE
          I

        (all
          such
          dates subject to adjustment in accordance with the Business Day
          Convention)

        

        
          	
                  From
                    and including

                	
                  To
                    but excluding

                	
                  Notional
                    Amount

                  (USD)

                	
                  Cap
                    Rate

                
	
                  Effective
                    Date

                	
                  03/25/07

                	
                  610,199,000.00

                	
                  8.39734%

                
	
                  03/25/07

                	
                  04/25/07

                	
                  602,479,992.00

                	
                  6.77636%

                
	
                  04/25/07

                	
                  05/25/07

                	
                  593,618,804.00

                	
                  7.00683%

                
	
                  05/25/07

                	
                  06/25/07

                	
                  583,750,544.00

                	
                  6.78588%

                
	
                  06/25/07

                	
                  07/25/07

                	
                  573,053,721.00

                	
                  7.01692%

                
	
                  07/25/07

                	
                  08/25/07

                	
                  561,697,153.00

                	
                  6.79409%

                
	
                  08/25/07

                	
                  09/25/07

                	
                  549,791,671.00

                	
                  6.79704%

                
	
                  09/25/07

                	
                  10/25/07

                	
                  537,373,311.00

                	
                  7.02604%

                
	
                  10/25/07

                	
                  Termination
                    Date

                	
                  524,469,603.00

                	
                  6.80113%

                

        

        

         

        Annex
          A

        

        Paragraph
          13 of the Credit Support Annex

        

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

      
         

        
 

        ANNEX
          A

        

        

        ISDA®

        CREDIT
          SUPPORT ANNEX

        to
          the
          Schedule to the

        ISDA
          Master Agreement

        dated
          as
          of February 28, 2007 between

        Bear
          Stearns Financial Products Inc. (hereinafter referred to as “Party
          A”
          or
“Pledgor”)

        and

        Wells
          Fargo Bank, N.A., not in its individual capacity, but solely as Trust
          Administrator with respect to the Soundview Home Loan Trust 2007-1, Asset-Backed
          Certificates, Series 2007-1 (hereinafter referred to as “Party
          B”
          or
“Secured
          Party”)

        

        For
          the
          avoidance of doubt, and notwithstanding anything to the contrary that may
          be
          contained in the Agreement, this Credit Support Annex shall relate solely
          to the
          Transaction documented in the Confirmation dated February 28, 2007, between
          Party A and Party B, Reference Number FXNEC9259.

         

        Paragraph
          13. Elections and Variables.

         

        
          	(a)	
                  Security
                    Interest for “Obligations”.
                    The term “Obligations”
                    as
                    used in this Annex includes the following additional
                    obligations:

                

        

         

        With
          respect to Party A: not applicable.

         

        With
          respect to Party B: not applicable.

         

        
          	(b)	
                  Credit
                    Support Obligations.

                

        

         

        
          	
                	(i)	
                  Delivery
                    Amount, Return Amount and Credit Support
                    Amount.

                

        

         

        
          	
                	(A)	
                  “Delivery
                    Amount”
                    has the meaning specified in Paragraph 3(a) as amended (I) by
                    deleting the
                    words “upon a demand made by the Secured Party on or promptly following
                    a
                    Valuation Date” and inserting in lieu thereof the words “not later than
                    the close of business on each Valuation Date” and (II) by deleting in its
                    entirety the sentence beginning “Unless otherwise specified in Paragraph
                    13” and ending “(ii) the Value as of that Valuation Date of all Posted
                    Credit Support held by the Secured Party.” and inserting in lieu thereof
                    the following:

                

        

         

        The
          “Delivery
          Amount”
          applicable to the Pledgor for any Valuation Date will equal the greatest
          of

         

        
          	 	
                  (1)
                    

                	
                  the
                    amount by which (a) the S&P/Fitch Credit Support Amount for such
                    Valuation Date exceeds (b) the S&P/Fitch Value as of such Valuation
                    Date of all Posted Credit Support held by the Secured Party,
                    

                

        

         

        
          	 	
                  (2)
                    

                	
                  the
                    amount by which (a) the Moody’s First Trigger Credit Support Amount for
                    such Valuation Date exceeds (b) the Moody’s First Trigger Value as of such
                    Valuation Date of all Posted Credit Support held by the Secured
                    Party,
                    and

                

        

         

        
          	 	
                  (3)
                    

                	
                  the
                    amount by which (a) the Moody’s Second Trigger Credit Support Amount for
                    such Valuation Date exceeds (b) the Moody’s Second Trigger Value as of
                    such Valuation Date of all Posted Credit Support held by the
                    Secured
                    Party.

                

        

         

        
          	
                	(B)	
                  “Return
                    Amount”
                    has the meaning specified in Paragraph 3(b) as amended by deleting
                    in its
                    entirety the sentence beginning “Unless otherwise specified in Paragraph
                    13” and ending “(ii) the Credit Support Amount.” and inserting in lieu
                    thereof the following:

                

        

         

        The
          “Return
          Amount”
          applicable to the Secured Party for any Valuation Date will equal the least
          of

         

        
          	 	
                  (1)
                    

                	
                  the
                    amount by which (a) the S&P/Fitch Value as of such Valuation Date of
                    all Posted Credit Support held by the Secured Party exceeds (b)
                    the
                    S&P/Fitch Credit Support Amount for such Valuation Date,
                    

                

        

         

        
          	 	
                  (2)
                    

                	
                  the
                    amount by which (a) the Moody’s First Trigger Value as of such Valuation
                    Date of all Posted Credit Support held by the Secured Party exceeds
                    (b)
                    the Moody’s First Trigger Credit Support Amount for such Valuation Date,
                    and

                

        

         

        
          	 	
                  (3)
                    

                	
                  the
                    amount by which (a) the Moody’s Second Trigger Value as of such Valuation
                    Date of all Posted Credit Support held by the Secured Party exceeds
                    (b)
                    the Moody’s Second Trigger Credit Support Amount for such Valuation
                    Date.

                

        

         

        
          	
                	(C)	
                  “Credit
                    Support Amount”
                    shall not apply. For purposes of calculating any Delivery Amount
                    or Return
                    Amount for any Valuation Date, reference shall be made to the
                    S&P/Fitch Credit Support Amount, the Moody’s First Trigger Credit
                    Support Amount, or the Moody’s Second Trigger Credit Support Amount, in
                    each case for such Valuation Date, as provided in Paragraphs
                    13(b)(i)(A)
                    and 13(b)(i)(B), above.

                

        

         

        
          	
                	(ii)	
                  Eligible
                    Collateral.
                    

                

        

         

        The
          items
          set forth on the schedule of Eligible Collateral attached as Schedule A
          hereto
          will qualify as “Eligible
          Collateral”
(for
          the avoidance of doubt, all Eligible Collateral described in (D) and (E)
          of
          column one of the Collateral Schedule to be denominated in USD).

         

        
          	
                	(iii)	
                  Other
                    Eligible Support. 

                

        

         

        The
          following items will qualify as “Other
          Eligible Support”
          for the
          party specified: 

         

        Not
          applicable.

         

        
          	
                	(iv)	
                  Threshold.

                

        

         

        
          	
                	(A)	
                  “Independent
                    Amount”
                    means zero with respect to Party A and Party
                    B.

                

        

         

        
          	
                	(B)	
                  “Threshold”
                    means, with respect to Party A and any Valuation Date, zero if
                    (i) a
                    Collateral Event has occurred and has been continuing (x) for
                    at least 30
                    days or (y) since this Annex was executed or (ii) a Required
                    Ratings
                    Downgrade Event has occurred and is continuing; otherwise,
                    infinity.

                

        

         

         “Threshold”
          means,
          with respect to Party B and any Valuation Date, infinity.

         

        
          	
                	(C)	
                  “Minimum
                    Transfer Amount” means
                    USD 100,000 with respect to Party A and Party B; provided, however,
                    that
                    if the aggregate Certificate Principal Balance of the Certificates
                    and the
                    aggregate principal balance of the Notes rated by S&P is at the time
                    of any transfer less than USD 50,000,000, the “Minimum
                    Transfer Amount”
                    shall be USD 50,000.

                

        

         

        
          	
                	(D)	
                  Rounding:
                    The Delivery Amount will be rounded up to the nearest integral
                    multiple of
                    USD 10,000. The Return Amount will be rounded down to the nearest
                    integral
                    multiple of USD 10,000.

                

        

         

        
          	(c)	
                  Valuation
                    and Timing.

                

        

         

        
          	
                	(i)	
                  “Valuation
                    Agent”
                    means Party A.

                

        

         

        
          	
                	(ii)	
                  “Valuation
                    Date” means
                    each Local Business Day on which any of the S&P/Fitch Credit Support
                    Amount, the Moody’s First Trigger Credit Support Amount or the Moody’s
                    Second Trigger Credit Support Amount is greater than
                    zero.

                

        

         

        
          	
                	(iii)	
                  “Valuation
                    Time” means
                    the close of business in the city of the Valuation Agent on the
                    Local
                    Business Day immediately preceding the Valuation Date or date
                    of
                    calculation, as applicable; provided
                    that the calculations of Value and Exposure will be made as of
                    approximately the same time on the same date. The Valuation Agent
                    will
                    notify each party (or the other party, if the Valuation Agent
                    is a party)
                    of its calculations not later than the Notification Time on the
                    applicable
                    Valuation Date (or in the case of Paragraph 6(d), the Local Business
                    Day
                    following the day on which such relevant calculations are
                    performed).”

                

        

         

        
          	
                	(iv)	
                  “Notification
                    Time” means
                    11:00 a.m., New York time, on a Local Business Day.
                    

                

        

         

        
          	
                	(v)	
                  External
                    Calculations.
                    At
                    any time at which Party A (or, to the extent applicable, its
                    Credit
                    Support Provider) does not have a long-term unsubordinated and
                    unsecured
                    debt rating of at least “BBB+” from S&P, the Valuation Agent shall (at
                    its own expense) obtain external calculations of Party B’s Exposure from
                    at least two Reference Market-makers on the last Local Business
                    Day of
                    each calendar month. Any determination of the S&P Credit Support
                    Amount shall be based on the greatest of Party B’s Exposure determined by
                    the Valuation Agent and such Reference Market-makers. Such external
                    calculation may not be obtained from the same Reference Market-maker
                    more
                    than four times in any 12-month
                    period.

                

        

         

        
          	
                	(vi)	
                  Notice
                    to S&P.
                    At
                    any time at which Party A (or, to the extent applicable, its
                    Credit
                    Support Provider) does not have a long-term unsubordinated and
                    unsecured
                    debt rating of at least “BBB+” from S&P, the Valuation Agent shall
                    provide to S&P not later than the Notification Time on the Local
                    Business Day following each Valuation Date its calculations of
                    Party B’s
                    Exposure and the S&P Value of any Eligible Credit Support or Posted
                    Credit Support for that Valuation Date. The Valuation Agent shall
                    also
                    provide to S&P any external marks of Party B’s
                    Exposure.

                

        

         

        
          	(d)	
                  Conditions
                    Precedent and Secured Party’s Rights and
                    Remedies.
                    The following Termination Events will be a “Specified
                    Condition”
                    for the party specified (that party being the Affected Party
                    if the
                    Termination Event occurs with respect to that party): With respect
                    to
                    Party A and Party B: None. 

                

        

         

        
          	(e)	
                  Substitution.

                

        

         

        
          	
                	(i)	
                  “Substitution
                    Date”
                    has the meaning specified in Paragraph
                    4(d)(ii).

                

        

         

        
          	
                	(ii)	
                  Consent.
                    If
                    specified here as applicable, then the Pledgor must obtain the
                    Secured
                    Party’s consent for any substitution pursuant to Paragraph 4(d):
                    Inapplicable.

                

        

         

        
          	(f)	
                  Dispute
                    Resolution.

                

        

         

        
          	
                	(i)	
                  “Resolution
                    Time”
                    means 1:00 p.m. New York time on the Local Business Day following
                    the date
                    on which the notice of the dispute is given under Paragraph
                    5.

                

        

         

        
          	
                	(ii)	
                  Value.
                    Notwithstanding anything to the contrary in Paragraph 12, for
                    the purpose
                    of Paragraphs 5(i)(C) and 5(ii), the S&P/Fitch Value, Moody’s First
                    Trigger Value, and Moody’s Second Trigger Value, on any date, of Eligible
                    Collateral other than Cash will be calculated as follows:
                    

                

        

         

        For
          Eligible Collateral in the form of securities listed in Paragraph 13(b)(ii):
          the
          product of (1)(x) the bid-side quotation at the Valuation Time for such
          securities on the principal national securities exchange on which such
          securities are listed, or (y) if such securities are not listed on a national
          securities exchange, the arithmetic mean of the bid-side quotations for
          such
          securities quoted at the Valuation Time by any three principal market makers
          for
          such securities selected by the Valuation Agent, provided that if only
          two
          bid-side quotations are obtained, then the arithmetic mean of such two
          bid-side
          quotations will be used, and if only one bid-side quotation is obtained,
          such
          quotation shall be used, or (z) if no such bid price is listed or quoted
          for
          such date, the bid price listed or quoted (as the case may be) at the Valuation
          Time for the day next preceding such date on which such prices were available
          and (2) the applicable Valuation Percentage for such Eligible
          Collateral.

         

        
          	
                	(iii)	
                  Alternative.
                    The provisions of Paragraph 5 will
                    apply.

                

        

         

        
          	(g)	
                  Holding
                    and Using Posted
                    Collateral.

                

        

         

        
          	
                	(i)	
                  Eligibility
                    to Hold Posted Collateral; Custodians. Party
                    B (or its Custodian) will be entitled to hold Posted Collateral
                    pursuant
                    to Paragraph 6(b), provided that the following conditions applicable
                    to it
                    are satisfied:

                

        

         

        
          	 	
                  (1)

                	
                  it
                    is not a Defaulting Party.

                

        

         

        
          	 	
                  (2)

                	
                  Posted
                    Collateral consisting of Cash or certificated securities that
                    cannot be
                    paid or delivered by book-entry may be held only in any state
                    of the
                    United States which has adopted the Uniform Commercial
                    Code.

                

        

         

        
          	 	
                  (3)

                	
                  in
                    the case of any Custodian for Party B, such Custodian (or, to
                    the extent
                    applicable, its parent company or credit support provider) shall
                    then have
                    a short-term unsecured and unsubordinated debt rating from S&P of at
                    least “A-1”.

                

        

         

        Initially,
          the Custodian
          for
          Party B is: The
          Trust
          Administrator

         

        
          	
                	(ii)	
                  Use
                    of Posted Collateral.
                    The provisions of Paragraph 6(c) will not apply to Party B, and
                    Party B
                    shall not have any right to use Posted Collateral or take any
                    action
                    specified in such Paragraph 6(c).

                

        

         

        
          	(h)	
                  Distributions
                    and Interest Amount.

                

        

         

        
          	
                	(i)	
                  Interest
                    Rate.
                    The “Interest
                    Rate”
                    will be the actual interest rate earned on Posted Collateral
                    in the form
                    of Cash that is held by Party B or its Custodian. Posted Collateral
                    in the
                    form of Cash shall be invested in such overnight (or redeemable
                    within two
                    Local Business Days of demand) Permitted Investments rated at
                    least (x)
                    AAAm or AAAm-G by S&P and (y) Prime-1 by Moody’s or Aaa by Moody’s, as
                    directed by Party A. Gains and losses incurred in respect of
                    any
                    investment of Posted Collateral in the form of Cash in Permitted
                    Investments
                    as
                    directed by Party A shall be for the account of Party
                    A.

                

        

         

        
          	
                	(ii)	
                  Amendment
                    of Paragraph 6(d)(i) - Distributions.
                    Clause (d)(i) of Paragraph 6 shall be amended and restated to
                    read in its
                    entirety as follows:

                

        

         

        “(i)
          Distributions. If Party B receives Distributions on a Local Business Day,
          it
          will not Transfer such Distributions to Party A but, rather, such Distributions
          will constitute Posted Collateral and will be subject to the security interest
          granted under Paragraph 2. ” 

         

        
          	
                	(iii)	
                  Amendment
                    of Paragraph 6(d)(ii) - Interest Amount.
                    Clause (d)(ii) of Paragraph 6 shall be amended and restated to
                    read in its
                    entirety as follows:

                

        

         

        “(ii)
          Interest
          Amount.
          In lieu
          of any interest, dividends or other amounts paid with respect to Posted
          Collateral in the form of Cash (all of which may be retained by the Secured
          Party), the Secured Party will Transfer to the Pledgor on the 20th day
          of each
          calendar month (or if such day is not a Local Business Day, the next Local
          Business Day) the Interest Amount. Any Interest Amount or portion thereof
          not
          Transferred pursuant to this Paragraph will constitute Posted Collateral
          in the
          form of Cash and will be subject to the security interest granted under
          Paragraph 2. For purposes of calculating the Interest Amount the amount
          of
          interest calculated for each day of the interest period shall be compounded
          monthly.” Secured Party shall not be obligated to transfer any Interest Amount
          unless and until it has received such amount.

         

        
          	(i)	
                  Additional
                    Representation(s).
                    There are no additional representations by either
                    party.

                

        

         

        
          	(j)	
                  Other
                    Eligible Support and Other Posted Support.

                

        

         

        
          	
                	(i)	
                  “Value”
                    with respect to Other Eligible Support and Other Posted Support
                    means: not
                    applicable. 

                

        

         

        
          	
                	(ii)	
                  “Transfer”
                    with respect to Other Eligible Support and Other Posted Support
                    means: not
                    applicable.

                

        

         

        
          	(k)	
                  Demands
                    and Notices.All
                    demands, specifications and notices under this Annex will be
                    made pursuant
                    to the Notices Section of this Agreement, except that any demand,
                    specification or notice shall be given to or made at the following
                    addresses, or at such other address as the relevant party may
                    from time to
                    time designate by giving notice (in accordance with the terms
                    of this
                    paragraph) to the other party:

                

        

         

        If
          to
          Party A, at the address specified pursuant to the Notices Section of this
          Agreement.

         

        If
          to
          Party B, at the address specified pursuant to the Notices Section of this
          Agreement.

         

        If
          to
          Party B’s Custodian: at the address designated in writing from time to
          time.

         

        
          	(l)	
                  Address
                    for Transfers.
                    Each Transfer hereunder shall be made to the address specified
                    below or to
                    an address specified in writing from time to time by the party
                    to which
                    such Transfer will be made.

                

        

         

        Party
          A
          account details for holding collateral:

         

                                    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

        

        Party
          B’s
          Custodian account details for holding collateral:

         

        Wells
          Fargo Bank, NA

        San
          Francisco, CA

        ABA#
          121-000-248

        Acct#
          3970771416

        Acct
          Name: SAS Clearing

        FFC:
          50992405

        

        
          	(m)	
                  Other
                    Provisions.

                

        

         

        
          	(i)	
                  Collateral
                    Account.
                    Party B shall open and maintain a segregated account, which shall
                    be an
                    Eligible Account, and hold, record and identify all Posted Collateral
                    in
                    such segregated account.

                

        

         

        
          	(ii)	
                  Agreement
                    as to Single Secured Party and Single Pledgor.
                    Party A and Party B hereby agree that, notwithstanding anything
                    to the
                    contrary in this Annex, (a) the term “Secured Party” as used in this Annex
                    means only Party B, (b) the term “Pledgor” as used in this Annex means
                    only Party A, (c) only Party A makes the pledge and grant in
                    Paragraph 2,
                    the acknowledgement in the final sentence of Paragraph 8(a) and
                    the
                    representations in Paragraph 9.

                

        

         

        
          	(iii)	
                  Calculation
                    of Value.
                    Paragraph 4(c) is hereby amended by deleting the word “Value” and
                    inserting in lieu thereof “S&P/Fitch Value, Moody’s First Trigger
                    Value, Moody’s Second Trigger Value”. Paragraph 4(d)(ii) is hereby amended
                    by (A) deleting the words “a Value” and inserting in lieu thereof “an
                    S&P/Fitch Value, Moody’s First Trigger Value, and Moody’s Second
                    Trigger Value” and (B) deleting the words “the Value” and inserting in
                    lieu thereof “S&P/Fitch Value, Moody’s First Trigger Value, and
                    Moody’s Second Trigger Value”. Paragraph 5 (flush language) is hereby
                    amended by deleting the word “Value” and inserting in lieu thereof
                    “S&P/Fitch Value, Moody’s First Trigger Value, or Moody’s Second
                    Trigger Value”. Paragraph 5(i) (flush language) is hereby amended by
                    deleting the word “Value” and inserting in lieu thereof “S&P/Fitch
                    Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”.
                    Paragraph 5(i)(C) is hereby amended by deleting the word “the Value, if”
                    and inserting in lieu thereof “any one or more of the S&P/Fitch Value,
                    Moody’s First Trigger Value, or Moody’s Second Trigger Value, as may be”.
                    Paragraph 5(ii) is hereby amended by (1) deleting the first instance
                    of
                    the words “the Value” and inserting in lieu thereof “any one or more of
                    the S&P/Fitch Value, Moody’s First Trigger Value, or Moody’s Second
                    Trigger Value” and (2) deleting the second instance of the words “the
                    Value” and inserting in lieu thereof “such disputed S&P/Fitch Value,
                    Moody’s First Trigger Value, or Moody’s Second Trigger Value”. Each of
                    Paragraph 8(b)(iv)(B) and Paragraph 11(a) is hereby amended by
                    deleting
                    the word “Value” and inserting in lieu thereof “least of the S&P/Fitch
                    Value, Moody’s First Trigger Value, and Moody’s Second Trigger Value”.
                    

                

        

         

        
          	(iv)	
                  Form
                    of Annex. Party
                    A and Party B hereby agree that the text of Paragraphs 1 through
                    12,
                    inclusive, of this Annex is intended to be the printed form of
                    ISDA Credit
                    Support Annex (Bilateral Form - ISDA Agreements Subject to New
                    York Law
                    Only version) as
                    published and copyrighted in 1994 by the International Swaps
                    and
                    Derivatives Association, Inc.

                

        

         

        
          	(v)	
                  Events
                    of Default.
                    Clause (iii) of Paragraph 7 shall not apply to Party
                    B.

                

        

         

        
          	(vi)	
                  Expenses.
                    Notwithstanding anything to the contrary in Paragraph 10, the
                    Pledgor will
                    be responsible for, and will reimburse the Secured Party for,
                    all transfer
                    and other taxes and other costs involved in any Transfer of Eligible
                    Collateral.

                

        

         

        
          	(vii)	
                  Withholding.
                    Paragraph 6(d)(ii) is hereby amended by inserting immediately
                    after “the
                    Interest Amount” in the fourth line thereof the words “less any applicable
                    withholding taxes.”

                

        

         

        
          	(ix)	
                  Additional
                    Definitions.
                    As used in this Annex:

                

        

         

        “Collateral
          Event” means
          that no Relevant Entity has credit ratings at least equal to the Approved
          Ratings Threshold.

         

        “DV01”
          means,
          with respect to a Transaction and any date of determination, the estimated
          change in the Secured Party’s Transaction Exposure with respect to such
          Transaction that would result from a one basis point change in the relevant
          swap
          curve on such date, as determined by the Valuation Agent in good faith
          and in a
          commercially reasonable manner. The Valuation Agent shall, upon request
          of Party
          B, provide to Party B a statement showing in reasonable detail such
          calculation.

         

        “Exposure”
          has the
          meaning specified in Paragraph 12, except that after the word “Agreement” the
          words “(assuming, for this purpose only, that Part 1(f) of the Schedule is
          deleted)” shall be inserted. 

         

        “Local
          Business Day”
means,
          for purposes of this Annex: any day on which (A) commercial banks are open
          for
          business (including dealings in foreign exchange and foreign currency deposits)
          in New York and the location of Party A, Party B and any Custodian, and
          (B) in
          relation to a Transfer of Eligible Collateral, any day on which the clearance
          system agreed between the parties for the delivery of Eligible Collateral
          is
          open for acceptance and execution of settlement instructions (or in the
          case of
          a Transfer of Cash or other Eligible Collateral for which delivery is
          contemplated by other means a day on which commercial banks are open for
          business (including dealings in foreign exchange and foreign deposits)
          in New
          York and the location of Party A, Party B and any Custodian. 

         

        “Moody’s
          First Trigger Credit Support Amount” means,
          for any Valuation Date, the excess, if any, of

         

        
          	 	
                  (I)

                	
                  (A)

                	
                  for
                    any Valuation Date on which (I) a Moody’s First Trigger Ratings Event has
                    occurred and has been continuing (x) for at least 30 Local Business
                    Days
                    or (y) since this Annex was executed and (II) it is not the case
                    that a
                    Moody’s Second Trigger Ratings Event has occurred and been continuing
                    for
                    at least 30 Local Business Days, an amount equal to the greater
                    of (a)
                    zero and (b) the sum of (i) the Secured Party’s Exposure for such
                    Valuation Date and (ii) the sum, for each Transaction to which
                    this Annex
                    relates, of the lesser of (x) the product of the Moody’s First Trigger
                    DV01 Multiplier and DV01 for such Transaction and such Valuation
                    Date and
                    (y) the product of (i) Moody’s
                    First Trigger Notional Amount Multiplier and (ii) the Notional
                    Amount for
                    such Transaction for the Calculation Period for such Transaction
                    (each as
                    defined in the related Confirmation) which includes such Valuation
                    Date,
                    or

                

        

         

        
          	 	
                  (B)

                	
                  for
                    any other Valuation Date, zero,
                    over

                

        

         

        
          	
                	(II)	
                  the
                    Threshold for Party A such Valuation
                    Date.

                

        

         

        “Moody’s
          First Trigger DV01 Multiplier”
          means
          15.

         

        “Moody’s
          First Trigger Value”
          means,
          on any date and with respect to any Eligible Collateral other than Cash,
          the bid
          price obtained by the Valuation Agent multiplied by the Moody’s First Trigger
          Valuation Percentage for such Eligible Collateral set forth in Paragraph
          13(b)(ii).

         

        “Moody’s
          First Trigger Notional Amount Multiplier”
          means
          2%.

         

        “Moody’s
          Second Trigger Credit Support Amount”
          means,
          for any Valuation Date, the excess, if any, of

         

        
          	 	
                  (I)

                	
                  (A)

                	
                  for
                    any Valuation Date on which it is the case that a Moody’s Second Trigger
                    Ratings Event has occurred and been continuing for at least 30
                    Local
                    Business Days, an amount equal to the greatest of (a) zero, (b)
                    the
                    aggregate amount of the next payment due to be paid by Party
                    A under each
                    Transaction to which this Annex relates, and (c) the sum of (x)
                    the
                    Secured Party’s Exposure for such Valuation Date and (y) the sum, for each
                    Transaction to which this Annex relates,
                    of:

                

        

         

        
          	
                	(1)	
                  if
                    such Transaction is not a Transaction-Specific Hedge, the lesser
                    of (i)
                    the product of the Moody’s Second Trigger DV01 Multiplier and DV01 for
                    such Transaction and such Valuation Date and (ii) the product
                    of (1) the
                    Moody’s Second Trigger Notional Amount Multiplier and (2) the Notional
                    Amount for such Transaction for the Calculation Period for such
                    Transaction (each as defined in the related Confirmation) which
                    includes
                    such Valuation Date];
                    or

                

        

         

        
          	
                	(2)	
                  if
                    such Transaction is a Transaction-Specific Hedge, the lesser
                    of (i) the
                    product of the Moody’s Second Trigger Transaction-Specific Hedge DV01
                    Multiplier and DV01 for such Transaction and such Valuation Date
                    and (ii)
                    the product of (1) the Moody’s Second Trigger Transaction-Specific Hedge
                    Notional Amount Multiplier and (2) the Notional Amount for such
                    Transaction for the Calculation Period for such Transaction (each
                    as
                    defined in the related Confirmation) which includes such Valuation
                    Date;
                    or

                

        

         

        
          	 	
                  (B)

                	
                  for
                    any other Valuation Date, zero,
                    over

                

        

         

        
          	
                	(II)	
                  the
                    Threshold for Party A for such Valuation
                    Date.

                

        

         

        “Moody’s
          Second Trigger DV01 Multiplier”
          means
          50.

         

        “Moody’s
          Second Trigger Notional Amount Multiplier”
          means
          8%.

         

        “Moody’s
          Second Trigger Transaction-Specific Hedge DV01
          Multiplier”
          means
          65.

         

        “Moody’s
          Second Trigger Transaction-Specific Hedge Notional Amount
          Multiplier”
          means
          10%.

         

        “Moody’s
          Second Trigger Value”
          means,
          on any date and with respect to any Eligible Collateral other than Cash,
          the bid
          price obtained by the Valuation Agent multiplied by the Moody’s Second Trigger
          Valuation Percentage for such Eligible Collateral set forth in Paragraph
          13(b)(ii).

         

        “Remaining
          Weighted Average Maturity” means,
          with respect to a Transaction, the expected weighted average maturity for
          such
          Transaction as determined by the Valuation Agent. 

         

        “S&P/Fitch
          Credit Support Amount”
          means,
          for any Valuation Date, the excess, if any, of

         

        
          	 	
                  (I)

                	
                  (A)
                    

                	
                  for
                    any Valuation Date on which (i) an S&P/Fitch Approved Ratings
                    Downgrade Event has occurred and been continuing for at least
                    30 days or
                    (ii) a S&P/Fitch Required Ratings Downgrade Event has occurred and is
                    continuing, an amount equal to the sum of (1) 100.0% of the Secured
                    Party’s Exposure for such Valuation Date and (2) the sum, for each
                    Transaction to which this Annex relates, of the product of (i)
                    the
                    Volatility Buffer for such Transaction and (ii) the Notional
                    Amount of
                    such Transaction for the Calculation Period of such Transaction
                    (each as
                    defined in the related Confirmation) which includes such Valuation
                    Date,
                    or

                

        

         

        
          	 	
                  (B)

                	
                  for
                    any other Valuation Date, zero,
                    over

                

        

         

        
          	
                	(II)	
                  the
                    Threshold for Party A for such Valuation
                    Date.

                

        

         

        “S&P/Fitch
          Value”
          means,
          on any date and with respect to any Eligible Collateral other than Cash,
          the
          product of (A) the bid price obtained by the Valuation Agent for such Eligible
          Collateral and (B) the S&P Valuation Percentage for such Eligible Collateral
          set forth in paragraph 13(b)(ii).

         

        “Transaction
          Exposure”
          means,
          for any Transaction, Exposure determined as if such Transaction were the
          only
          Transaction between the Secured Party and the Pledgor.

         

        “Transaction-Specific
          Hedge” means
          any
          Transaction that is (i) an interest rate swap in respect of which (x) the
          notional amount of the interest rate swap is “balance guaranteed” or (y) the
          notional amount of the interest rate swap for any Calculation Period (as
          defined
          in the related Confirmation) otherwise is not a specific dollar amount
          that is
          fixed at the inception of the Transaction, (ii) an interest rate cap, (iii)
          an
          interest rate floor or (iv) an interest rate swaption.

         

        “Valuation
          Percentage”
          shall
          mean, for purposes of determining the S&P/Fitch Value, Moody’s First Trigger
          Value, or Moody’s Second Trigger Value with respect to any Eligible Collateral
          or Posted Collateral, the applicable S&P/Fitch Valuation Percentage, Moody’s
          First Trigger Valuation Percentage, or Moody’s Second Trigger Valuation
          Percentage for such Eligible Collateral or Posted Collateral, respectively,
          in
          each case as set forth in Paragraph 13(b)(ii).

         

        “Value”
          shall
          mean, in respect of any date, the related S&P/Fitch Value, the related
          Moody’s First Trigger Value, and the related Moody’s Second Trigger
          Value.

         

        “Volatility
          Buffer”
          means,
          for any Transaction, the related percentage set forth in the following
          table.

         

        
          	
                  The
                    higher of the S&P short-term credit rating of (i) Party A and (ii) the
                    Credit Support Provider of Party A, if applicable

                	
                  Remaining
                    Weighted Average Maturity 

                  up
                    to 3 years

                	
                  Remaining
                    Weighted Average Maturity

                  up
                    to 5 years

                	
                  Remaining
                    Weighted Average Maturity

                  up
                    to 10 years

                	
                  Remaining
                    Weighted Average Maturity

                  up
                    to 30 years

                
	
                  “A-2”
                    or higher

                	
                  2.75%

                	
                  3.25%

                	
                  4.00%

                	
                  4.75%

                
	
                  “A-3”

                	
                  3.25%

                	
                  4.00%

                	
                  5.00%

                	
                  6.25%

                
	
                  “BB+”
                    or
                    lower

                	
                  3.50%

                	
                  4.50%

                	
                  6.75%

                	
                  7.50%

                

        

        

         

        

         

        [Remainder
          of this page intentionally left blank]

         

         

        SCHEDULE
          A

         

        ELIGIBLE
          COLLATERAL

         

         

        
          	
                   

                  ISDA
                    Collateral Asset Definition(ICAD)
                    Code

                	
                  Remaining
                    Maturity in Years

                	
                  S&P
                    

                  Valuation
                    

                  Percentage

                	
                  Moody’s

                  First
                    Trigger ValuationPercentage

                	
                  Moody’s

                  Second
                    Trigger

                  Valuation

                  Percentage

                
	
                  (A)
                    US-CASH

                	
                  N/A

                	
                  100%

                	
                  100%

                	
                  100%

                
	
                  (B)
                    EU-CASH

                	
                  N/A

                	
                  92.5%

                	
                  98%

                	
                  94%

                
	
                  (C)
                    GB-CASH

                	
                  N/A

                	
                  94.1%

                	
                  98%

                	
                  95%

                
	
                  (D)
                    US-TBILL

                  US-TNOTE

                  US-TBOND

                	 	 	 	 
	 	
                  1
                    or less

                	
                  98.9%

                	
                  100%

                	
                  100%

                
	 	
                  More
                    than 1 but not more than 2

                	
                  98.0%

                	
                  100%

                	
                  99%

                
	 	
                  More
                    than 2 but not more than 3

                	
                  97.4%

                	
                  100%

                	
                  98%

                
	 	
                  More
                    than 3 but not more than 5

                	
                  95.5%

                	
                  100%

                	
                  97%

                
	 	
                  More
                    than 5 but not more than 7

                	
                  93.7%

                	
                  100%

                	
                  96%

                
	 	
                  More
                    than 7 but not more than 10

                	
                  92.5%

                	
                  100%

                	
                  94%

                
	 	
                  More
                    than 10 but not more than 20

                	
                  91.1%

                	
                  100%

                	
                  90%

                
	 	
                  More
                    than 20

                	
                  88.6%

                	
                  100%

                	
                  88%

                
	
                  (E)
                    US-GNMA

                  US-FNMA

                  US-FHLMC

                	 	 	 	 
	 	
                  1
                    or less

                	
                  98.5%

                	
                  100%

                	
                  99%

                
	 	
                  More
                    than 1 but not more than 2

                	
                  97.7%

                	
                  100%

                	
                  99%

                
	 	
                  More
                    than 2 but not more than 3

                	
                  97.3%

                	
                  100%

                	
                  98%

                
	 	
                  More
                    than 3 but not more than 5

                	
                  94.5%

                	
                  100%

                	
                  96%

                
	 	
                  More
                    than 5 but not more than 7

                	
                  93.1%

                	
                  100%

                	
                  93%

                
	 	
                  More
                    than 7 but not more than 10

                	
                  90.7%

                	
                  100%

                	
                  93%

                
	 	
                  More
                    than 10 but not more than 20

                	
                  87.7%

                	
                  100%

                	
                  89%

                
	 	
                  More
                    than 20

                	
                  84.4%

                	
                  100%

                	
                  87%

                
	
                  (F)
                    Fixed-Rate GA-

                  EUROZONE-

                  GOV

                	 	
                  Rated
                    AAA or better by S&P

                	
                  Rated
                    Aa3 or better by Moody's

                	
                  Rated
                    Aa3 or better by Moody's

                
	 	
                  1
                    or less

                	
                  98.8%

                	
                  98%

                	
                  94%

                
	 	
                  More
                    than 1 but not more than 2

                	
                  97.9%

                	
                  98%

                	
                  93%

                
	 	
                  More
                    than 2 but not more than 3

                	
                  97.1%

                	
                  98%

                	
                  92%

                
	 	
                  More
                    than 3 but not more than 5

                	
                  91.2%

                	
                  98%

                	
                  90%

                
	 	
                  More
                    than 5 but not more than 7

                	
                  87.5%

                	
                  98%

                	
                  89%

                
	 	
                  More
                    than 7 but not more than 10

                	
                  83.8%

                	
                  98%

                	
                  88%

                
	 	
                  More
                    than 10 but not more than 20

                	
                  75.5%

                	
                  98%

                	
                  84%

                

        

        

         

        The
          ISDA
          Collateral Asset Definition (ICAD) Codes used in this Schedule A are taken
          from
          the Collateral Asset Definitions (First Edition - June 2003) as published
          and
          copyrighted in 2003 by the International Swaps and Derivatives Association,
          Inc.

         

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

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