Document:

EX-10.25

 Exhibit 10.25 
 EXECUTION COPY 
 AMENDMENT 

TO MASTER SERVICING RIGHTS PURCHASE AGREEMENT 
 AND SALE SUPPLEMENTS 
 This Amendment (the “Amendment”), dated as of
December 26, 2012 (the “Amendment Effective Date”), between Ocwen Loan Servicing, LLC, a Delaware limited liability company (“Seller”), HLSS Holdings, LLC, a Delaware limited liability company (“Holdings”) and Home
Loan Servicing Solutions, Ltd. (“HLSS” and, together with Holdings, the “Purchasers”): 
 WITNESSETH:

 WHEREAS, Seller and Holdings entered into that certain Master Servicing Rights Purchase Agreement, dated as of
February 10, 2012 (as amended, supplemented and modified from time to time, the “Original Agreement”), with respect to the sale by Seller and the purchase by Holdings of certain Rights to MSRs, Servicing Rights and other assets;

 WHEREAS, Seller and Holdings terminated the Original Agreement pursuant to certain Master Servicing Rights Purchase
Agreement, dated as of October 1, 2012 (as amended, supplemented and modified from time to time, the “Agreement”), which also provided for the sale by Seller and the purchase by Holdings of certain Rights to MSRs, Servicing Rights and
other assets; 
 WHEREAS, Seller and Holdings entered into those certain Sale Supplements dated as of February 10,
2012, May 1, 2012, August 1, 2012, September 13, 2012, and September 28, 2012 (collectively, as amended, supplemented and modified from time to time, the “Sale Supplements”); and 

WHEREAS, Seller and Purchasers desire to amend the Agreement and the Sale Supplements to clarify the sale of Excess Servicing Fees to
HLSS as of the date of each Sale Supplement; 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, and in consideration of the mutual covenants herein contained, the parties hereto hereby agree as follows: 
 RECITALS 
 Section 1. HLSS as Purchaser. The Original Agreement and
the Agreement are hereby amended by the addition of HLSS as a Purchaser. 

 Section 2. Amendment of Sale Supplements. Each Sale Supplement shall be deemed
amended and replaced with the Sale Supplement attached hereto as Exhibit A subject to the following: 
 (a) For
each Sale Supplement, the following bracketed terms shall have the meanings set forth below: 

  
 2 

									
	 Sale Supplement Date
	  	“[Date]” wherever such
term appears	  	“[x]” in “Cut-Off Date”	  	“[x]” in “Excess
Servicing Fees”	  	“[x]” in “Retained
Servicing Fee Shortfall”
	February 10, 2012	  	February 10, 2012*	  	February 29, 2012	  	21.0	  	February 2012
	May 1, 2012	  	May 1, 2012	  	April 30, 2012	  	19.5	  	May 2012
	August 1, 2012	  	August 1, 2012	  	July 31, 2012	  	17.0	  	August 2012
	September 13, 2012	  	September 13, 2012	  	September 12, 2012	  	18.5	  	September 2012
	September 28, 2012	  	September 28, 2012	  	September 27, 2012	  	13.5	  	October 2012

  

	*	Other than the term “[Date]” in the definition of Closing Date, which is hereby amended to be “March 5, 2012”. 

(b) The Schedules to each Sale Supplement remain the same as those originally executed in connection with each Sale
Supplement. 
 Section 2. Representations and Warranties of HLSS. HLSS, as a condition to the consummation of the
transactions contemplated hereby, hereby makes the following representations and warranties to Seller as of the date hereof, as of the date of each Sale Supplement, as of each Closing Date and as of each Servicing Transfer Date: 

2.1 Due Organization. HLSS is a Cayman Islands exempted company duly organized, validly existing and in good
standing under the laws of the Cayman Islands, and has full power and authority to own its property and to carry on its business as presently conducted and to enter into, deliver and perform this Agreement, each Sale Supplement and all documents
executed pursuant hereto and thereto by HLSS and to carry out its obligations hereunder and thereunder. 
 2.2
Due Authorization; Binding Effect. The execution, delivery and performance of this Agreement, each Sale Supplement and all documents executed pursuant hereto and thereto by HLSS has been duly and validly authorized by all necessary limited
liability company or other action. This Agreement has been, and upon their execution each Sale Supplement and all documents executed pursuant hereto and thereto by HLSS shall be, duly executed and delivered by HLSS, and (assuming due authorization,
execution and delivery by Seller) this Agreement constitutes, and upon their execution, each Sale Supplement and all documents executed pursuant hereto and thereto by HLSS shall constitute, the legal, valid and binding obligations of HLSS,
enforceable against HLSS in accordance with their respective terms, subject to the Enforceability Exceptions. 

2.3 No Conflicts. The execution, delivery and performance by HLSS of this Agreement, each Sale Supplement and all
documents executed pursuant hereto and thereto by HLSS do not and will not conflict with, or result in any violation of or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or
acceleration of any obligation or to loss of a benefit under, or result in the creation or imposition of any Lien upon any of the assets of HLSS under, any provision of (a) the organizational documents of Purchaser, (b) any mortgage,
indenture or other agreement to which HLSS is a party or by which HLSS or any of its properties or 

  
 3 

 
assets is subject (except as would not reasonably be expected to adversely affect the ability of HLSS to carry out its obligations under, and to consummate the transactions contemplated by, this
Agreement and the Sale Supplements) or (c) any provision of any Applicable Law applicable to HLSS or its properties or assets. 
 2.4 Consents. No consent of, or registration, declaration or filing with, any Governmental Authority or any other Person is required to be obtained, effected or given by or with respect to HLSS in
connection with the execution, delivery and performance of this Agreement or any Sale Supplement or the consummation of the transactions contemplated hereby or thereby, except for consents, registrations, declarations and filings that have been
obtained or will be obtained prior to the related Servicing Transfer Date. 
 2.5 Litigation. There are no
actions, litigation, suits or proceedings pending or, to HLSS’s knowledge, threatened against HLSS before or by any court, administrative agency, arbitrator or government body (i) with respect to this Agreement or any Sale Supplement or
(ii) with respect to any other matter which if determined adversely to HLSS would reasonably be expected to materially and adversely affect HLSS’s ability to perform its obligations under this Agreement or any Sale Supplement; and HLSS 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 HLSS’s ability to perform its obligations under this Agreement or any Sale Supplement.

 2.6 Licenses. HLSS has all licenses necessary to carry on its business as now being conducted and as is
contemplated by this Agreement and each Sale Supplement to be conducted and is duly authorized and qualified to transact, in each applicable state, any and all business contemplated by this Agreement and each Sale Supplement (except where there is
an appropriate statutory exemption applicable to HLSS or the failure so to qualify would not have a Material Adverse Effect on the ability of HLSS to perform its obligations hereunder). 

Section 5. Limited Effect. Except as expressly amended and modified by this Amendment, the Agreement and the Sale Supplements
shall continue to be, and shall remain, in full force and effect in accordance with their terms. 
 Section 6.
Counterparts. This Amendment may be executed by each of the parties hereto on any number of separate counterparts, each of which shall be an original and all of which taken together shall constitute one and the same instrument. 

  
 4 

 Section 7. GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS (OTHER THAN SECTION 5-1401 AND SECTION 5-1402 OF THE GENERAL OBLIGATIONS LAW) AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER
AND THEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 
 Section 8. Definitions. Capitalized terms used
but not defined herein have the meaning set forth in the Agreement. 
 [SIGNATURE PAGE FOLLOWS] 

  
 5 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and
delivered by its respective officer thereunto duly authorized as of the date above written. 
  

			
	OCWEN LOAN SERVICING, LLC
	
	By: Ocwen Mortgage Servicing, Inc., as its sole member
		
	By:	 	/s/ Kenneth D. Najour
		
	Name:	 	Kenneth D. Najour
		
	Title:	 	Treasurer
	
	HLSS HOLDINGS, LLC
		
	By:	 	/s/ James Lauter
		
	Name:	 	James Lauter
		
	Title:	 	Senior Vice President and CFO
	
	HOME LOAN SERVICING SOLUTIONS, LTD.
		
	By:	 	/c/ William C. Erbey
		
	Name:	 	William C. Erbey
		
	Title:	 	Chairman

  
 6 

 Exhibit A 

 
  

 
 SALE SUPPLEMENT

 dated as of [Date] 
 between 
 OCWEN LOAN SERVICING, LLC, as Seller, 

HLSS HOLDINGS, LLC, as Purchaser 
 and 
 HOME LOAN SERVICING SOLUTIONS, LTD., as Purchaser 

 
  

 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	ARTICLE 1	 	 DEFINITIONS; REFERENCE TO MASTER SERVICING RIGHTS PURCHASE AGREEMENT
	  	 	1	  
			
	 1.1
	 	 Definitions
	  	 	1	  
			
	 1.2
	 	 Reference to the Master Servicing Rights Purchase Agreement
	  	 	7	  
			
	ARTICLE 2	 	 PURCHASE AND SALE OF SERVICING RIGHTS AND RIGHTS TO MSRS; ASSUMED LIABILITIES
	  	 	7	  
			
	 2.1
	 	 Assignment and Conveyance of Rights to MSRs
	  	 	7	  
			
	 2.2
	 	 Automatic Assignment and Conveyance of Servicing Rights
	  	 	8	  
			
	 2.3
	 	 MSR Purchase Price
	  	 	8	  
			
	 2.4
	 	 Assumed Liabilities and Excluded Liabilities
	  	 	8	  
			
	 2.5
	 	 Remittance of Excess Servicing Fees, Servicing Advance Receivables Fees and Related Amounts
	  	 	10	  
			
	 2.6
	 	 Payment of Estimated Purchase Price
	  	 	10	  
			
	ARTICLE 3	 	 PURCHASE AND SALE OF SERVICING ADVANCE RECEIVABLES
	  	 	10	  
			
	 3.1
	 	 Assignment and Conveyance of Servicing Advance Receivables
	  	 	10	  
			
	 3.2
	 	 Servicing Advance Receivables Purchase Price
	  	 	11	  
			
	 3.3
	 	 Servicing Advances
	  	 	11	  
			
	 3.4
	 	 Reimbursement of Servicing Advances
	  	 	12	  
			
	ARTICLE 4	 	 REPRESENTATIONS AND WARRANTIES OF SELLER
	  	 	12	  
			
	 4.1
	 	 General Representations
	  	 	12	  
			
	 4.2
	 	 Title to Transferred Assets
	  	 	12	  
			
	 4.3
	 	 Right to receive Servicing Fees
	  	 	12	  
			
	 4.4
	 	 Servicing Agreements and Underlying Documents
	  	 	12	  
			
	 4.5
	 	 Mortgage Pool Information, Related Matters
	  	 	12	  
			
	 4.6
	 	 Enforceability of Servicing Agreements
	  	 	13	  
			
	 4.7
	 	 Compliance With Servicing Agreements
	  	 	13	  
			
	 4.8
	 	 No Recourse
	  	 	14	  
			
	 4.9
	 	 The Mortgage Loans
	  	 	14	  
			
	 4.10
	 	 Servicing Advance Receivables
	  	 	16	  
			
	 4.11
	 	 Servicing Agreement Consents and Other Third Party Approvals
	  	 	16	  

  
 -i-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
	 4.12
	 	 Servicing Advance Financing Agreements
	  	 	17	  
			
	 4.13
	 	 Anti-Money Laundering Laws
	  	 	17	  
			
	 4.14
	 	 Servicer Ratings
	  	 	17	  
			
	 4.15
	 	 Eligible Servicer
	  	 	17	  
			
	 4.16
	 	 HAMP
	  	 	17	  
			
	ARTICLE 5	 	 CONDITIONS PRECEDENT
	  	 	17	  
			
	 5.1
	 	 Conditions to the Purchase of the Rights to MSRs and the Advance SPEs
	  	 	17	  
			
	ARTICLE 6	 	 SERVICING MATTERS
	  	 	18	  
			
	 6.1
	 	 Seller as Servicer
	  	 	18	  
			
	 6.2
	 	 Servicing
	  	 	18	  
			
	 6.3
	 	 Collections from Obligors and Remittances
	  	 	18	  
			
	 6.4
	 	 Servicing Practices
	  	 	19	  
			
	 6.5
	 	 Servicing Reports
	  	 	19	  
			
	 6.6
	 	 Escrow Accounts
	  	 	19	  
			
	 6.7
	 	 Notices and Financial Information
	  	 	19	  
			
	 6.8
	 	 Defaults under Deferred Servicing Agreements
	  	 	19	  
			
	 6.9
	 	 Continuity of Business
	  	 	20	  
			
	 6.10
	 	 Optional Termination or Clean Up Calls
	  	 	20	  
			
	 6.11
	 	 Amendments to Deferred Servicing Agreements; Transfer of Servicing Rights
	  	 	20	  
			
	 6.12
	 	 Assumption of Servicing Duties; Transfer of Rights to MSRs and Servicing Rights
	  	 	20	  
			
	 6.13
	 	 Termination Event
	  	 	21	  
			
	 6.14
	 	 Servicing Transfer
	  	 	21	  
			
	 6.15
	 	 Incorporation of Provisions from Subservicing Agreement
	  	 	21	  
			
	ARTICLE 7	 	 SELLER SERVICING FEES; COSTS AND EXPENSES
	  	 	21	  
			
	 7.1
	 	 Seller Monthly Servicing Fee
	  	 	21	  
			
	 7.2
	 	 Performance Fee
	  	 	21	  
			
	 7.3
	 	 Costs and Expenses
	  	 	22	  
			
	 7.4
	 	 Ancillary Income
	  	 	22	  
			
	 7.5
	 	 Calculation and Payment
	  	 	22	  

  
 -ii-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
	 7.6
	 	 No Offset
	  	 	23	  
			
	 7.7
	 	 Servicing Fee Reset Date
	  	 	23	  
			
	ARTICLE 8	 	 INDEMNIFICATION
	  	 	23	  
			
	 8.1
	 	 Seller Indemnification of Purchasers
	  	 	23	  
			
	 8.2
	 	 Purchasers Indemnification of Seller
	  	 	23	  
			
	 8.3
	 	 Indemnification Procedures
	  	 	24	  
			
	 8.4
	 	 Tax Treatment
	  	 	25	  
			
	 8.5
	 	 Survival
	  	 	25	  
			
	 8.6
	 	 Additional Indemnification
	  	 	25	  
			
	 8.7
	 	 Specific Performance
	  	 	25	  
			
	ARTICLE 9	 	 GRANT OF SECURITY INTEREST
	  	 	26	  
			
	 9.1
	 	 Granting Clause
	  	 	26	  
			
	ARTICLE 10	 	 MISCELLANEOUS PROVISIONS
	  	 	27	  
			
	 10.1
	 	 Further Assurances
	  	 	27	  
			
	 10.2
	 	 Compliance with Applicable Laws; Licenses
	  	 	27	  
			
	 10.3
	 	 Merger, Consolidation, Etc.
	  	 	27	  
			
	 10.4
	 	 Annual Officer’s Certificate
	  	 	27	  
			
	 10.5
	 	 Accounting Treatment
	  	 	28	  
			
	 10.6
	 	 Incorporation
	  	 	28	  
			
	Exhibit A	 	 Form of Monthly Remittance Report
	  			
			
	Schedule I	 	 Servicing Agreements
	  			
	Schedule II	 	 Underlying Documents
	  			
	Schedule III	 	 Retained Servicing Fee Percentage
	  			
	Schedule IV	 	 Target Ratio
	  			
	Schedule V	 	 Valuation Percentage
	  			
	Schedule VI	 	 Amortization Percentage
	  			

  
 -iii-

 SALE SUPPLEMENT 

This Sale Supplement, dated as of [Date] (this “Sale Supplement”), is between Ocwen Loan Servicing, LLC, a Delaware
limited liability company (“Seller”), HLSS Holdings, LLC, a Delaware limited liability company (“Holdings”) and Home Loan Servicing Solutions, Ltd. (“HLSS” and, together with Holdings, the
“Purchasers”): 
 WITNESSETH: 

WHEREAS, Seller and Purchasers are parties to that certain Master Servicing Rights Purchase Agreement, dated as of February 10, 2012
(as amended, supplemented and modified from time to time), and that certain Master Servicing Rights Purchase Agreement, dated as of October 1, 2012 (as amended, supplemented and modified from time to time, the “Agreement”), in
each case with respect to the sale by Seller and the purchase by Purchasers of the Servicing Rights and other assets; and 

WHEREAS, Seller and Purchasers desire to enter into the transactions described in the Agreement as supplemented by this Sale Supplement;

 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and in
consideration of the mutual covenants herein contained, the parties hereto hereby agree as follows: 
 ARTICLE 1

 DEFINITIONS; REFERENCE TO MASTER SERVICING RIGHTS PURCHASE AGREEMENT 

1.1 Definitions. (a) For purposes of this Sale Supplement, the following capitalized terms shall have the respective meanings
set forth or referenced below: 
 “Additional Servicing Advance Receivable”: As defined in Section 3.1.

 “Advance SPEs”: Each of HLSS Servicer Advance Facility Transferor, LLC, a Delaware limited liability company, and
HLSS Servicer Advance Receivables Trust, a Delaware statutory trust. 
 “Amortization Percentage”: For each calendar
month following the Closing Date, the percentage set forth on Schedule VI to this Sale Supplement for such calendar month. 
 “Assumed Liabilities”: As defined in Section 2.4. 

“Book Value” means, with respect to the Rights to MSRs related to any Deferred Servicing Agreement, as of a specified date, an
amount equal to the amortized book value of such Rights to MSRs on HLSS’s financial statements as of such date. 

  
 -1-

 “Closing Date”: [Date]; provided that, with respect to Section 5.3 of
the Agreement, the Closing Date shall be the related Servicing Transfer Date. 
 “Closing Statement”: The statement
delivered by Seller to Purchasers on the Closing Statement Delivery Date setting forth the good faith calculation of the Estimated Purchase Price. 
 “Closing Statement Delivery Date”: The Closing Date, unless otherwise agreed by Seller and Purchasers. 
 “Consent Period”: For each Deferred Servicing Agreement and each related Deferred Servicing Right, the period, if any, from and including the Closing Date to and including the related Servicing
Transfer Date. 
 “Cut-off Date”: [x], or such other date as is agreed by Seller and Purchasers. 

“Deferred Mortgage Loan”: A mortgage loan subject to a Deferred Servicing Agreement. 

“Deferred Servicing Agreement”: As of any date of determination, each Servicing Agreement that is not a Transferred Servicing
Agreement on such date. For avoidance of doubt, on the Closing Date each Servicing Agreement is a Deferred Servicing Agreement. 

“Deferred Servicing Right”: As of any date of determination, each Servicing Right arising under a Servicing Agreement that is a
Deferred Servicing Agreement on such date. 
 “Excess Servicing Advances”: For any calendar month, the amount, if any,
by which the outstanding Servicer Advances with respect to the Servicing Agreements as of the last day of such calendar month exceeds an amount equal to (a) the Target Ratio for such calendar month multiplied by (b) the unpaid principal
balance of the Mortgage Loans subject to the Servicing Agreements as of the last day of such calendar month. 
 “Excess
Servicing Fees”: For any calendar month, an amount equal to the product of (i) [x] annualized basis points and (ii) the aggregate unpaid principal balance of the Mortgage Loans underlying the Rights to MSRs as of the close of business
on the last Business Day of the prior calendar month. 
 “Excluded Liabilities”: As defined in
Section 2.4(c). 
 “Fannie Mae”: As defined in the Subservicing Agreement. 

“Indemnified Person”: A Purchaser Indemnified Party or a Seller Indemnified Party, as the case may be. 

“Indemnifying Person”: The Seller pursuant to Section 8.1 or the Purchasers pursuant to Section 8.2, as
the case may be. 
 “Initial Servicing Advance Receivable”: As defined in Section 3.1. 

  
 -2-

 “Investor”: With respect to any Securitization Transaction, any holder or other
beneficial owner of any securities issued by the related Trust. 
 “Liability”: As defined in Section 8.1.

 “Monthly Remittance Report”: With respect to each Deferred Servicing Agreement, a report substantially in the form
attached as Exhibit A to this Sale Supplement or in such other form as may be agreed to by Seller and Purchasers from time to time. 
 “Monthly Servicing Fee”: For each calendar month, the Base Subservicing Fee (as defined in the Subservicing Supplement) for such calendar month together with the Seller Monthly Servicing Fee for
such calendar month. 
 “Monthly Servicing Oversight Report”: A report with respect to all of the Deferred Servicing
Agreements and related Mortgage Loans in such form as may be agreed to by Seller and Purchasers from time to time. 
 “MSR
Purchase Price”: For each Servicing Agreement, an amount equal to the product of (i) the Valuation Percentage for such Servicing Agreement and (ii) the aggregate unpaid principal balance of the Mortgage Loans subject to such Servicing
Agreement as of the Closing Date. 
 “P&I Advance”: As defined in the Subservicing Agreement. 

“Performance Fee”: As defined in Section 7.2. 

“Purchaser Indemnified Party”: As defined in Section 8.2. 

“Purchase Price”: The sum of (a) the aggregate MSR Purchase Price for all of the Servicing Agreements and (b) the
aggregate Servicing Advance Receivables Purchase Price for any Initial Servicing Advance Receivables. 
 “Retained
Servicing Fee”: For any calendar month, an amount equal to the sum of (a) the product of the Retained Servicing Fee Percentage for such calendar month and the average unpaid principal balance of all Mortgage Loans subject to the Deferred
Servicing Agreements and the Transferred Servicing Agreements during such calendar month and (b) the Retained Servicing Fee Shortfall, if any, for the immediately prior calendar month. 

“Retained Servicing Fee Percentage”: For any calendar month, the percentage set forth on Schedule III to this Sale
Supplement. 
 “Retained Servicing Fee Shortfall”: For any calendar month, beginning in [x], an amount equal to
the excess, if any, of (a) the Retained Servicing Fee for such calendar month over (b) the excess, if any, of (x) the aggregate Servicing Advance Receivables Fees actually received by Holdings with respect to the Deferred Servicing
Agreements and pursuant to the Transferred Servicing Agreements during such calendar month (whether directly pursuant to such Transferred Servicing Agreements or pursuant to this Sale Supplement) over (y) the Monthly Servicing Fee for such
calendar month. 

  
 -3-

 “Rights to MSRs”: For each Servicing Agreement, each of the following assets:

 (a) all Servicing Fees payable to Seller as of or after the Closing Date under such Servicing Agreement and the right to
receive all Servicing Fees accruing and payable as of or after the Closing Date under such Servicing Agreement; 
 (b) the right
to purchase the Servicing Rights pursuant to Section 2.2 of this Sale Supplement; and 
 (c) any proceeds of any of
the foregoing. 
 “Sale Date”: For each Servicing Advance Receivable, the date on which such Servicing Advance
Receivable is transferred to Holdings pursuant to Section 3.1. 
 “Seller Indemnified Party”: As defined
in Section 8.1. 
 “Seller Monthly Servicing Fee”: As defined in Section 7.1. 

“Servicing Advance Financing Agreements”: Each of that certain Second Amended and Restated Indenture, dated as of
September 13, 2012, among HLSS Servicer Advance Receivables Trust, as issuer, Deutsche Bank National Trust Company, as indenture trustee, calculation agent, paying agent and securities intermediary, Holdings, as administrator and servicer,
Seller, as servicer and as a subservicer, and Barclays Bank plc and Wells Fargo Securities, LLC, as administrative agents, and each other “Transaction Document” as such term is defined therein, in each case as the same may be amended from
time to time. 
 “Servicing Advance Payment Date”: (a) For any Initial Servicing Advance Receivable, the Closing
Date and (b) for any Additional Servicing Advance Receivable, the Funding Date (as defined in the Servicing Advance Financing Agreement) for such Additional Servicing Advance Receivable. 

“Servicing Advance Receivable”: For each Servicer Advance, the right to receive reimbursement for such Servicer Advance under
the Servicing Agreement pursuant to which such Servicer Advance was made. 
 “Servicing Advance Receivables Fees”: For
any calendar month, an amount equal to the excess of the aggregate amount of Servicing Fees paid to Seller for such calendar month under each Servicing Agreement over the Excess Servicing Fees for such calendar month. 

“Servicing Advance Receivable Purchase Price”: With respect to each Servicing Advance Payment Date, for each Servicing Advance
Receivable, the outstanding amount that is reimbursable under the related Servicing Agreement with respect to such Servicing Advance Receivable as of such Servicing Advance Payment Date. 

  
 -4-

 “Servicing Agreement”: Each of the servicing agreements described on Schedule
I and each of the Underlying Documents described on Schedule II governing the rights, duties and obligations of Seller as servicer under such agreements. 
 “Servicing Fee Reset Date”: The date which is six (6) years after the Closing Date. 
 “Servicing Rights Assets”: As defined in Section 2.2. 

“Servicing Transfer Date”: With respect to each Servicing Agreement, the date on which all of the Third Party Consents related
to such Servicing Agreement necessary to transfer the related Servicing Rights to Purchasers are received or such later date mutually agreed to by Seller and Purchasers. 
 “Special Damages”: As defined in Section 8.3(d). 

“Subservicing Agreement”: That certain Master Subservicing Agreement, dated as of October 1, 2012, between the Seller, as
subservicer, and Holdings, as servicer, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time. 
 “Subservicing Supplement”: That certain Subservicing Supplement, dated as of [Date], between the Seller, as subservicer, and Holdings, as servicer, as the same may be amended, amended and
restated, supplemented or otherwise modified from time to time. 
 “Summary Schedule”: As defined in
Section 4.5(a). 
 “Target Ratio” for each calendar month shall mean the amount specified in Schedule
IV with respect to such month. 
 “Termination Event” means the occurrence of any one or more of the following
events (whatever the reason for the occurrence of such event and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any
administrative or governmental body): 
 (a) Seller fails to remit any payment required to be made under the terms of this Sale
Supplement (to the extent not resulting solely from Holdings failing to purchase a Servicing Advance Receivable required to be purchased by Holdings under this Sale Supplement), which continues unremedied for a period of one (1) Business Day
after the date on which written notice of such failure shall have been given by Holdings to Seller; 
 (b) Seller fails to
deliver any required information or report that is complete in all material respects as required pursuant to this Sale Supplement in the manner and time frame set forth herein, which failure continues unremedied for a period of two (2) Business
Days after the date on which written notice of such failure shall have been given to Seller by Holdings; 

  
 -5-

 (c) Seller fails to observe or perform in any material respect any other covenant or
agreement of Seller set forth in the Agreement or this Sale Supplement, which failure continues unremedied for a period of thirty (30) days after the date on which written notice of such failure shall have been given to Seller by Holdings;
provided however, in the event that any such default is incurable by its own terms, a Termination Event shall be deemed to occur immediately hereunder without regard to the thirty (30) day cure period set forth above; 

(d) a material breach by Seller of any representation and warranty made by it in the Agreement or this Sale Supplement, which breach
continues unremedied for a period of thirty (30) days after the date on which written notice of such failure shall have been given to Seller by Holdings; provided, however, in the event that any such default is incurable by its own terms, a
Termination Event shall be deemed to occur immediately hereunder without regard to the thirty (30) day cure period set forth above; 
 (e) Seller fails to maintain residential primary servicer ratings for subprime loans of at least “Average” by Standard & Poor’s Rating Services, a division of Standards &
Poor’s Financial Services LLC (or its successor in interest), “SQ3” by Moody’s Investors Service, Inc. (or its successor in interest) and “RPS4+” and “RSS4+” by Fitch Ratings (or its successor in interest);

 (f) Seller ceases to be a Fannie Mae, Freddie Mac or FHA approved servicer; 

(g) the occurrence of a Material Adverse Event; 
 (h) any of the conditions specified in the applicable “Servicer Default”, “Servicer Event of Default,” “Event of Default,” “Servicing Default” or “Servicer
Event of Termination” or similar sections of any Deferred Servicing Agreement or any related Underlying Document shall have occurred with respect to Seller for any reason not caused by Purchasers (other than as a result of any delinquency or
loss trigger which was already triggered as of the Closing Date with respect to such Deferred Servicing Agreement); provided that Seller shall be entitled to any applicable cure period set forth in such Deferred Servicing Agreement or Underlying
Document; 
 (i) a decree or order of a court or agency or supervisory authority having jurisdiction for the appointment of a
conservator or receiver or liquidator in any insolvency, bankruptcy, readjustment of debt, marshaling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall have been entered against Seller and
such decree or order shall have remained in force undischarged or unstayed for a period of thirty (30) days; 
 (j) Seller
shall consent to the appointment of a conservator or receiver or liquidator in any insolvency, bankruptcy, readjustment of debt, marshaling of assets and liabilities or similar proceedings of or relating to Seller or of or relating to all or
substantially all of its property; or 
 (k) Seller 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. 

“Third-Party Claim”: As defined in Section 8.3(b). 

  
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 “Transferred Assets”: The Rights to MSRs and the Transferred Servicing Rights.

 “Transferred Receivables Assets”: As defined in Section 3.1. 

“Transferred Servicing Agreement”: As of any date of determination, a Servicing Agreement with respect to which the related
Servicing Rights have been transferred to Purchasers pursuant to Section 2.2 of this Sale Supplement or to its designee in accordance with the terms of this Sale Supplement on or prior to such date. For the avoidance of doubt, on the
Closing Date no Servicing Agreement is a Transferred Servicing Agreement. 
 “Transferred Servicing Rights”: As of any
date of determination, any Servicing Rights that have been transferred to HLSS pursuant to Section 2.2 of this Sale Supplement on or prior to such date. 
 “UCC”: As defined in Section 3.1. 
 “Valuation
Percentage”: For each Servicing Agreement, the valuation percentage for such Servicing Agreement as set forth in Schedule V hereto. 
 (b) Any capitalized term used but not defined in this Sale Supplement shall have the meaning assigned to such term in the Agreement. 

1.2 Reference to the Master Servicing Rights Purchase Agreement. Each of Seller and Purchasers agrees that (a) this Sale
Supplement is a “Sale Supplement” executed pursuant to Section 2.1 of the Agreement, (b) the terms of this Sale Supplement are hereby incorporated into the Agreement with respect to the Servicing Agreements and the related
Mortgage Loans to the extent set forth therein and herein, and (c) the terms of this Sale Supplement apply to the Servicing Agreements specified herein and not to any other “Servicing Agreement” as that term is used in the Agreement.
In the event of any conflict between the provisions of this Sale Supplement and the Agreement, the terms of this Sale Supplement shall prevail. 
 ARTICLE 2 
 PURCHASE AND SALE OF SERVICING RIGHTS AND RIGHTS TO MSRS;

 ASSUMED LIABILITIES 
 2.1 Assignment and Conveyance of Rights to MSRs. 
 (a) As of the Closing
Date, subject to the terms and conditions set forth in the Agreement and this Sale Supplement, Seller does hereby sell, convey, assign and transfer, in each case without recourse except as provided herein, free and clear of any Liens, (i) to
HLSS all of its right, title and interest in and to all of the Excess Servicing Fees for each of the Servicing Agreements, and (ii) to Holdings, any and all other right, title and interest in and to all of the Rights to MSRs for each of the
Servicing Agreements. 

  
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 (b) On and after the Closing Date, Holdings shall be obligated to maintain a complete and
accurate list of Servicing Agreements that are Deferred Servicing Agreements and Transferred Servicing Agreements, as the same shall be amended and modified from time to time in connection with Deferred Servicing Agreements becoming Transferred
Servicing Agreements as contemplated by the terms and provisions of this Sale Supplement. The list of Deferred Servicing Agreements and Transferred Servicing Agreements maintained by Purchasers under this Section 2.1(b) shall be
(x) available for inspection by Seller at any time during normal business hours and (y) presumed to be accurate absent manifest error on the part of Purchaser. 
 2.2 Automatic Assignment and Conveyance of Servicing Rights. As of the Servicing Transfer Date with respect to each Servicing Agreement, Seller does hereby sell, convey, assign and transfer to
Holdings, without recourse except as provided herein, free and clear of any Liens, without further action by any Person, all of its right, title and interest in and to the following assets (the “Servicing Rights Assets”):

 (a) the Servicing Rights in respect of all of the Mortgage Loans and REO Properties related to such Servicing Agreement, in
each case together with all related security, collections and payments thereon and proceeds of the conversion, voluntary or involuntary of the foregoing, other than the Excess Servicing Fees previously conveyed to HLSS pursuant to Section 2.1;

 (b) all Ancillary Income and Prepayment Interest Excess received as of or after the related Servicing Transfer Date under such
Servicing Agreements and any rights to exercise any optional termination or clean-up call provisions under such Servicing Agreements; 
 (c) all Custodial Accounts and Escrow Accounts related to such Servicing Agreement and amounts on deposit therein; 
 (d) all files and records in Seller’s possession or control, including the related Database, relating to the Servicing Rights Assets specified in clauses (a), (b) and (c); 

(e) all causes of action, lawsuits, judgments, claims, refunds, choses in action, rights of recovery, rights of set-off, rights of
recoupment, demands and any other rights or claims of any nature, whether arising by way of counterclaim or otherwise, available to or being pursued by Seller to the extent related exclusively to such Servicing Rights Assets and/or the Assumed
Liabilities; and 
 (f) any proceeds of any of the foregoing. 

2.3 MSR Purchase Price. Subject to the conditions set forth in this Sale Supplement and the Agreement, as consideration for the
purchase of the Rights to MSRs and the Servicing Rights Assets, HLSS shall pay the portion of the MSR Purchase Price attributable to the value of the Excess Servicing Fees for each Servicing Agreement, and Holdings shall pay the portion of the MSR
Purchase Price attributable to the value of the remainder of the Rights to MSRs and the Servicing Rights Assets, in each case for each Servicing Agreement, to Seller. 
 2.4 Assumed Liabilities and Excluded Liabilities. 

  
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 (a) Upon the terms and subject to the conditions set forth herein and in the Agreement,
Holdings shall assume, (i) prior to the Servicer Transfer Date for each Servicing Agreement, and solely as between Holdings and Seller, all of the duties, obligations and liabilities of Seller (other than the Excluded Liabilities), as servicer
but subject to such Servicing Agreements, and provided that Seller will continue to act as the servicer as set forth herein and in no event shall Holdings be a subservicer, subcontractor or servicer within the meaning of a Servicing Agreement prior
to the related Servicing Transfer Date and (ii) as of or after the Servicing Transfer Date for each Servicing Agreement, all of the duties, obligations, and liabilities of Seller (other than the Excluded Liabilities) as servicer accrued and
pertaining solely to the period from and after such Servicing Transfer Date relating to the Servicing Rights that are subject to such Servicing Agreement (the “Assumed Liabilities”). 

(b) Holdings hereby agrees to act as servicer under each Servicing Agreement following the related Servicing Transfer Date and assumes
responsibility for the due and punctual performance and observance of each covenant and condition to be performed or observed by the servicer under the applicable Servicing Agreement, including the obligation to service each Mortgage Loan in
accordance with the terms of the related Servicing Agreement and to pay any Excess Servicing Fees to HLSS on and after such Servicing Transfer Date; provided, however, that the parties hereto acknowledge and agree that neither
Purchaser nor any successor servicer assumes any liabilities of Seller, or any obligations of Seller relating to any period of time prior to the applicable Servicing Transfer Date. Seller hereby acknowledges that neither this Sale Supplement nor the
Agreement limits or otherwise releases it from its liabilities for its acts or omissions as the servicer under the Servicing Agreements prior to the related Servicing Transfer Date. Holdings hereby acknowledges that Seller shall have no further
obligation as servicer under any of the Servicing Agreements on and after the related Servicing Transfer Date, except to the extent set forth in this Sale Supplement, the Agreement, the Subservicing Agreement and the Subservicing Supplement.

 (c) Notwithstanding anything to the contrary contained herein, Purchasers do not assume any duties, obligations or liabilities
of any kind, whether known, unknown, contingent or otherwise, (i) not relating to the Transferred Servicing Rights or the Assumed Liabilities, (ii) attributable to any acts or omissions to act taken or omitted to be taken by Seller (or any
of its Affiliates, agents, contractors or representatives, including, without limitation, any subservicer of the Mortgage Loans) prior to the applicable Servicing Transfer Date, (iii) attributable to any actions, causes of action, claims, suits
or proceedings or violations of law or regulation attributable to any acts or omissions to act taken or omitted to be taken by Seller (or any of its Affiliates, agents, contractors or representatives, including, without limitation, any subservicer
of the Mortgage Loans) prior to the applicable Servicing Transfer Date or (iv) relating to any representation and warranty made by Seller or any of its Affiliates with respect to the related Mortgage Loans or the Transferred Assets (the
“Excluded Liabilities”). Without limiting the generality of the foregoing, it is not the intention that the assumption by Purchasers of the Assumed Liabilities shall in any way enlarge the rights of any third parties relating
thereto. Nothing contained in the Agreement or this Sale Supplement shall prevent any party hereto from contesting matters relating to the Assumed Liabilities with any third party obligee. 

(d) From and after the related Servicing Transfer Date, except as otherwise provided for in Section 8.3 of this Sale
Supplement, (i) Holdings shall have complete control over the payment, settlement or other disposition of the Assumed Liabilities and the right to commence, control and conduct all negotiations and proceedings with respect thereto, subject to
the terms of the related Servicing Agreements and (ii) Seller shall have complete control over the payment, 

  
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settlement or other disposition of the Excluded Liabilities and the right to commence, control and conduct all negotiations and proceedings with respect thereto. Except as otherwise provided in
this Sale Supplement, (i) Seller shall promptly notify Holdings of any claim made against Seller with respect to the Assumed Liabilities or the Transferred Assets and shall not voluntarily make any payment of, settle or offer to settle, or
consent or compromise or admit liability with respect to, any Assumed Liabilities or Transferred Assets without the prior written consent of Holdings and (ii) Holdings shall promptly notify Seller of any claim made against Purchasers with
respect to the Excluded Liabilities and shall not voluntarily make any payment of, settle or offer to settle, or consent or compromise or admit liability with respect to, any Excluded Liabilities without the prior written consent of Seller.

 2.5 Remittance of Excess Servicing Fees, Servicing Advance Receivables Fees and Related Amounts. Seller shall, to the
extent permitted under any Deferred Servicing Agreement cause (i) any Excess Servicing Fees to be deposited directly into HLSS’s account in accordance with HLSS’s written directions and (ii) any Servicing Advance Receivables Fees
to be deposited directly into Holdings’ account in accordance with Holdings’ written directions. In any case, Seller shall within one (1) Business Day of the receipt thereof, remit to the related Purchaser any such amounts that are
received by Seller under any Deferred Servicing Agreement after the Closing Date. Any such amounts shall be remitted in accordance such with Purchaser’s written directions. 

2.6 Payment of Estimated Purchase Price. Subject to the conditions set forth in this Sale Supplement and the Agreement, HLSS and
Holdings shall pay the Estimated Purchase Price to Seller at the Closing. The Estimated Purchase Price shall be reconciled to the final Purchase Price in accordance with Section 2.5 of the Agreement. 

ARTICLE 3 

PURCHASE AND SALE OF SERVICING ADVANCE RECEIVABLES 
 3.1 Assignment and Conveyance of Servicing Advance Receivables. Commencing on the Closing Date, and continuing until the close of business on the earlier of the related Servicing Transfer Date or
date of Seller’s termination as servicer pursuant to such Servicing Agreement, subject to the terms and conditions set forth in the Agreement and this Sale Supplement, Seller hereby sells, conveys, assigns and transfers to Holdings, and
Holdings acquires from Seller, without recourse except as provided herein, free and clear of any Liens, all of Seller’s right, title and interest, whether now owned or hereafter acquired, in, to and under each Servicing Advance Receivable
(i) in existence on the Closing Date that arose under the Servicing Agreements and is owned by Seller as of the Closing Date, if any (the “Initial Servicing Advance Receivables”), (ii) in existence on any Business Day on
or after the Closing Date that arises under any Servicing Agreement prior to the earlier of the related Servicing Transfer Date or date of Seller’s termination as servicer pursuant to such Servicing Agreement (“Additional Servicing
Advance Receivables”), and (iii) in the case of both Initial Servicing Advance Receivables and Additional Servicing Advance Receivables, all monies due or to become due and all amounts received or receivable with respect thereto and
all proceeds (including “proceeds” as defined in the Uniform Commercial Code in effect in all applicable jurisdictions (the “UCC”)), together with all rights of Seller to enforce such Initial Servicing

  
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Advance Receivables and Additional Servicing Advance Receivables (collectively, the “Transferred Receivables Assets”). Until the related Servicing Transfer Date, Seller shall,
automatically and without any further action on its part, sell, assign, transfer and convey to Holdings, on each Business Day, each Additional Servicing Advance Receivable not previously transferred to Holdings and Holdings shall purchase each such
Additional Servicing Advance Receivable. The parties acknowledge and agree that so long as the Servicing Advance Receivables with respect to a Servicing Agreement are being sold by Holdings to the Advance SPEs pursuant to the Servicing Advance
Financing Agreements, the sale of such Servicing Advance Receivables by Seller to Holdings shall be made pursuant to and in accordance with the provisions of the Servicing Advance Financing Agreements, and Seller covenants and agrees to comply with
the provisions of such Servicing Advance Financing Agreements with respect to such Servicing Advance Receivables. 
 3.2
Servicing Advance Receivables Purchase Price. In consideration of the sale, assignment, transfer and conveyance to Holdings of the Servicing Advance Receivables and related Transferred Receivables Assets, on the terms and subject to the
conditions set forth in this Sale Supplement, Holdings shall, on each related Servicing Advance Payment Date, pay and deliver to Seller, in immediately available funds, a purchase price equal to the Servicing Advance Receivables Purchase Price for
such Servicing Advance Receivables sold on such date; provided that Seller shall have complied with the terms of Section 3.1 and Section 3.3 with respect to the related Servicing Advance Receivable. Subject to the
proviso of the immediately preceding sentence, to the extent any P&I Advances are required to be made under the terms of the Deferred Servicing Agreements, as determined by Seller and set forth in the applicable Monthly Remittance Report,
Holdings shall, on the date the related P&I Advance is required to be made under the related Deferred Servicing Agreement, deposit the Servicing Advance Receivable Purchase Price for such P&I Advances into either the applicable Custodial
Account or other applicable account held by the related trustee, master servicer, securities administrator, or trust administrator, as the case may be, in accordance with the requirements of the related Deferred Servicing Agreement (which may be
done directly by Holdings or though an account established in connection with the Servicing Advance Facility Agreements) in consideration for such P&I Advance. 
 3.3 Servicing Advances. Seller covenants and agrees that each Servicer Advance made by Seller under the Servicing Agreements prior to the related Servicing Transfer Date shall (a) be required
to be made pursuant to the terms of the related Deferred Servicing Agreement and comply with the terms of such Deferred Servicing Agreement and Applicable Law, (b) comply with Seller’s advance policies and stop advance policies and
procedures and not constitute a nonrecoverable Servicer Advance as of the date Seller made such Servicer Advance and (c) be supported by customary backup documentation. Seller agrees to provide prompt notice to Holdings of any Servicer Advance
made by Seller under the Deferred Servicing Agreements and deliver to Holdings such customary backup documentation relating to any Servicer Advance promptly upon request by Holdings. In the event Seller cannot provide, or cause to be provided to
Holdings any customary backup documentation, and Holdings is unable to be reimbursed for such Servicer Advance solely as a result of such failure, Seller shall reimburse Holdings for the amount of such unreimbursed Servicer Advances within five
(5) Business Days of Holdings’ written request, to the extent Holdings paid Seller for such amounts. 

  
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 3.4 Reimbursement of Servicing Advances. Seller shall, to the extent permitted under
any Deferred Servicing Agreement cause the reimbursement of any Servicer Advances under the Deferred Servicing Agreements to be made directly into Holdings’ account in accordance with Holdings’ written directions. In any case, Seller shall
within one (1) Business Day of the receipt thereof, remit to Holdings any amounts that are received by Seller under any Deferred Servicing Agreement after the Closing Date as reimbursement of any Servicer Advance. Any such amounts shall be
remitted in accordance with Holdings’ written directions. 
 ARTICLE 4 

REPRESENTATIONS AND WARRANTIES OF SELLER 
 Seller makes the following representations and warranties to Purchasers as of (a) each of the Closing Date and each Sale Date or (b) as of such other dates specified below: 

4.1 General Representations. Each of the representations and warranties set forth in Article 3 of the Agreement are true
and correct. 
 4.2 Title to Transferred Assets. From and including the Closing Date until such Servicing Rights Assets
are transferred to Holdings under Section 2.2, Seller shall be the sole holder and owner of such Servicing Rights Assets and shall have good and marketable title to the Servicing Rights Assets, free and clear of any Liens. Upon the
sale of such Servicing Rights Assets pursuant to Section 2.2, Seller will transfer to Holdings good and marketable title to the Servicing Rights Assets free and clear of any Liens. Seller is the sole holder and owner of the Rights to MSRs and
the sale and delivery to Purchasers of the Rights to MSRs pursuant to the provisions of this Sale Supplement will transfer to Purchasers good and marketable title to the Rights to MSRs free and clear of any Liens. 

4.3 Right to Receive Servicing Fees. Seller is entitled to receive Servicing Fees, Ancillary Income and Prepayment Interest
Excess as servicer under each Servicing Agreement, and the New York Uniform Commercial Code permits the Seller to transfer the Excess Servicing Fees to HLSS and the remainder of the Rights to MSRs to Holdings under the Agreement and this Sales
Supplement without violation of any applicable Servicing Agreement. 
 4.4 Servicing Agreements and Underlying Documents.
Schedule I hereto contains a list of all Servicing Agreements (other than the Underlying Documents) related to the Servicing Rights that are subject to this Sale Supplement and Schedule II hereto contains a list of all
Underlying Documents related to such Servicing Agreement, in each case with all amendments and modifications thereto, or supplements thereto with respect to such Servicing Rights. 

4.5 Mortgage Pool Information, Related Matters. 
 (a) Seller has delivered to Purchasers one or more summary schedules which set forth information with respect to each Mortgage Pool relating to the Servicing Rights (the “Summary
Schedules”). Seller acknowledges that Purchasers have relied on such Summary Schedules to determine the Purchase Price it was willing to pay for the Transferred Assets. 

  
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 (b) The Summary Schedules, the Mortgage Loan Schedule and the Database are true, accurate
and complete in all material respects as of the related Cut-off Date or such other date specified thereon. 
 (c) The Mortgage
Loan Schedule indicates, by code reference, which of the Mortgage Loans have been converted into REO Properties as of the Cut-off Date. 
 4.6 Enforceability of Servicing Agreements. 
 (a) Seller has delivered to
Purchasers, on or prior to the related Closing Date, true and complete copies of all Servicing Agreements listed on Schedule I hereto and all amendment thereto and all Underlying Documents listed on Schedule II hereto and all
amendments thereto. There are no other written or oral agreements binding upon Seller or Purchasers that modify, supplement or amend any such Servicing Agreement or Underlying Document. 

(b) Seller has not received written notice of any pending or threatened cancellation or partial termination of any Servicing Agreement or
Underlying Document or any written notice of any pending or threatened termination of Seller as servicer of any of the Mortgage Loans. 
 (c) On and prior to the related Servicing Transfer Date, each Servicing Agreement and each of the Underlying Documents is or was a valid and binding obligation of Seller, is or was in full force and
effect and enforceable against Seller in accordance with its terms, except as such enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization and other similar laws relating to or affecting creditors rights
generally and general principles of equity (regardless of whether considered in a proceeding of law or in equity). 
 4.7
Compliance With Servicing Agreements. 
 (a) Seller has serviced the Mortgage Loans subject to the Servicing Agreements
and has kept and maintained complete and accurate books and records in connection therewith, all in accordance with Applicable Requirements, has made all remittances required to be made by it under each Servicing Agreement and is otherwise in
compliance in all material respects with all Servicing Agreements and the Applicable Requirements. 
 (b) (i) No early
amortization event, servicer default, servicer termination event, event of default or other default or breach has occurred under any Servicing Agreement or any Underlying Document (except with respect to the delinquency or loss performance triggers
identified in the Summary Schedules), and (ii) no event has occurred, which with the passage of time or the giving of notice or both would: (A) constitute a material default or breach by Seller under any Servicing Agreement, Underlying
Document or under any Applicable Requirement; (B) permit termination, modification or amendment of any such Servicing Agreement or Underlying Document by a third party without the consent of Seller; (C) enable any third party to demand
that either Seller or either Purchaser incur any repurchase obligations pursuant to a Servicing Agreement or an Underlying Document or provide indemnification for any amount of losses relating to a breach of a loan representation or warranty;
(D) impose on Seller or either Purchaser sanctions or penalties in respect of any Servicing Agreement or Underlying Document; or (E) rescind any insurance policy or reduce insurance benefits in respect of any Servicing Agreement or
Underlying Document which would result in a material breach or trigger a default of any obligation of Seller under any Servicing Agreement or Underlying Document. 

  
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 (c) There are no agreements currently in place with any subservicers to perform any of
Seller’s duties under the Servicing Agreements. 
 (d) Each report and officer’s certification prepared by Seller as
servicer pursuant to a Servicing Agreement is true and correct in all material respects. Seller has previously made available to Purchasers a correct and complete description of the policies and procedures used by Seller in connection with servicing
the Mortgage Loans related to the Servicing Agreements. 
 (e) In the preceding twelve (12) month period, no Governmental
Authority, Investor, Insurer, rating agency, trustee, master servicer or any other party to a Servicing Agreement has provided written notice to Seller claiming or stating that Seller has violated, breached or not complied with any Applicable
Requirements in connection with the servicing of the related Mortgage Loans which has not been resolved by Seller. 
 (f) All
Custodial Accounts and Escrow Accounts have been established and continuously maintained in accordance with Applicable Requirements. All Custodial Account and Escrow Account balances required by the Mortgage Loans and paid for the account of the
Mortgagors under the related Mortgage Loans have been credited properly to the appropriate account and have been retained in and disbursed from the appropriate account in accordance with Applicable Requirements. 

4.8 No Recourse. None of the Servicing Agreements or other contracts to be assumed by Purchasers hereunder provide for Recourse to
Seller. 
 4.9 The Mortgage Loans. 
 (a) Each of the Mortgage Loans and REO Properties related to each Servicing Agreement has been serviced in accordance with Applicable Requirements in all material respects. 

(b) Except as disclosed on the Mortgage Loan Schedule, in the related Database and in the related Loan File and consistent with the
requirements of the related Servicing Agreement, Seller has not waived any default, breach, violation or event of acceleration under any Mortgage Loan, except to the extent that any such waiver is permitted under the related Servicing Agreement and
reflected in the Mortgage Loan Schedule, the related Database and the related Loan File and the disclosure relating to such waiver is reflected consistently in all material respects among the related Mortgage Loan Schedule, the related Database and
the related Loan File. The Mortgage related to each Mortgage Loan related to the Servicing Agreements has not been satisfied, cancelled or subordinated, in whole or in part, and except as permitted under the related Servicing Agreement, the related
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 release, cancellation, or subordination. 

  
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 (c) There is in force with respect to each Mortgaged Property and REO Property related to a
Servicing Agreement a hazard insurance policy (including any policy in effect under a forced place insurance policy) and, if applicable, a flood insurance policy that provides, at a minimum, for the coverage as required by the applicable Servicing
Agreement. Seller and any prior servicer or subservicer under the Servicing Agreements has taken all necessary steps to maintain any hazard insurance policy, flood insurance policy, primary mortgage insurance policy, and title insurance policy as
required under the Servicing Agreements. 
 (d) Seller is not aware of any repurchase requests or demands being made or
threatened to be made with respect to any Mortgage Loans related to the Servicing Agreements in excess of $10 million with respect to any Servicing Agreement. 
 (e) Except as disclosed in the related Database, Seller has not received notice from any Mortgagor with respect to the Mortgage Loans related to the Servicing Agreements of a request for relief pursuant
to or invoking any of the provisions of the Servicemembers Civil Relief Act or any similar law which would have the effect of suspending or reducing the Mortgagor’s payment obligations under a Mortgage Loan or which would prevent such loan from
going into foreclosure. 
 (f) With respect to each adjustable rate Mortgage Loan, Seller and each prior servicer has complied in
all material respects with all Applicable Requirements regarding interest rate and payment adjustments. 
 (g) Each first lien
Mortgage Loan is covered by a valid and freely assignable, life of loan, tax service contract, and flood tracking services contract, in full force and effect. All flood zone determination information provided to Purchasers is true and correct in all
material respects. 
 (h) There are no actions, claims, litigation or governmental investigations pending or, to the knowledge of
Seller, threatened, against Seller, or with respect to any Servicing Agreement or any Mortgage Loan, which relate to or affect Seller’s rights with respect to the Servicing Rights or Seller’s right to sell, assign and transfer the
Servicing Rights or the Rights to MSRs or to receive any Servicing Fee, which could reasonably be expected to have a Material Adverse Effect individually or in the aggregate. 
 (i) Payments received by Seller with respect to any Mortgage Loans related to the Servicing Agreements have been remitted and properly accounted for as required by Applicable Requirements in all material
respects. All funds received by Seller in connection with the satisfaction of Mortgage Loans, including foreclosure proceeds and insurance proceeds from hazard losses, have been deposited in the appropriate Custodial Account or Escrow Account and
all such funds have been applied to pay accrued interest on the Mortgage Loans, to reduce the principal balance of the Mortgage Loans in question, or for reimbursement of repairs to the Mortgaged Property or as otherwise required by Applicable
Requirements or are on deposit in the appropriate Custodial Account or Escrow Account. 
 (j) Seller is not aware of any Person
that has issued any notice or written intention to exercise the optional call or optional redemption provisions under any of the related Servicing Agreements. 

  
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 (k) No fraudulent action has taken place on the part of Seller in connection with its
servicing of any Mortgage Loan related to the Servicing Agreement. 
 (l) Except with respect to partial releases, actions
required by a divorce decree, assumptions, or as otherwise permitted under Applicable Requirements and documented in the Loan File and the Database, (i) the terms of each Mortgage Note and Mortgage have not been modified by Seller or any prior
servicer, (ii) no party thereto has been released in whole or in part by Seller or any prior servicer and (iii) no part of the Mortgaged Property has been released by Seller or any prior servicer. 

4.10 Servicing Advance Receivables. 
 (a) From and including the Closing Date until such Servicing Advance Receivable is transferred to Holdings under Section 3.1, Seller is the sole holder and owner of each Servicing Advance
Receivable and has good and marketable title to such Servicing Advance Receivable. Seller has not previously assigned, transferred or encumbered the Servicing Advance Receivables other than pursuant to the Agreement, this Sale Supplement and the
Servicing Advance Financing Agreements. The sale and delivery to Holdings of the Servicing Advance Receivables pursuant to the provisions of this Sale Supplement will transfer to Holdings good and marketable title to the Servicing Advance
Receivables free and clear of any Liens (other than the Liens created pursuant to the Servicing Advance Financing Agreements). 

(b) Each Servicing Advance Receivable transferred to Holdings under Section 3.1, is at the time of such transfer a valid and
existing account owing to Seller and is carried on the books of Seller at or less than the amount actually advanced or accrued net of any charge-offs or other adjustments by Seller. Seller has not received any notice from a master servicer,
securities administrator, trustee, Insurer, Investor or any other Person, which disputes or denies a claim by Seller for reimbursement in connection with any such Servicing Advance Receivable. Each Servicer Advance made by Seller (and each trailing
invoice received by Holdings on or after the related Servicing Transfer Date for services rendered prior to such Servicing Transfer Date) that is reimbursed or paid by Holdings to Seller or a third party service provider is fully reimbursable to
Holdings as a Servicer Advance under the terms of the related Servicing Agreement. 
 (c) Each Servicer Advance made by Seller
was made in accordance with Applicable Requirements and Seller’s advance policies and stop advance policies and procedures in all material respects, and is not subject to any set-off or claim that could be asserted against Holdings. No Servicer
Advance made by Seller or any prior servicer under a Servicing Agreement and not reimbursed or paid to Seller prior to the related Sale Date is a Non-Qualified Servicer Advance. Seller has not received any written notice from any Person in which
such Person disputes or denies a claim by Seller for reimbursement in connection with a specifically identified Servicer Advance. 
 4.11 Servicing Agreement Consents and Other Third Party Approvals. None of the execution, delivery and performance of the Agreement and this Sale Supplement by Seller, the transfers of Servicing
Rights under Section 2.2, the transfer of Rights to MSRs under Section 2.1, the transfers of Servicing Advance Receivables under Section 3.1 and the other transactions contemplated hereby require any consent,
approval, waiver, authorization, penalties, notice or filing to be obtained by Seller or Purchasers from, or to be given by Seller or Purchasers to, or made by Seller or Purchasers with, any Person, except for, with respect to the Servicing Rights
Assets, the Third Party Consents. 

  
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 4.12 Servicing Advance Financing Agreements. 

(a) Except as otherwise disclosed to the Purchasers, all of the Servicing Agreements are “Facility Eligible Servicing
Agreements,” and each Servicer Advance to be owned by an Advance SPE is a “Facility Eligible Receivable,” each as defined under the Servicing Advance Financing Agreements. 

(b) All of the representations and warranties of Seller in the Servicing Advance Financing Agreements are true and correct, and no early
amortization event, default, event of default or similar event has occurred under the Servicing Advance Financing Agreements. 

(c) Each of Seller and its Affiliates have complied in all material respects with the terms of the existing Servicing Advance Financing
Agreements. 
 4.13 Anti-Money Laundering Laws. Seller has complied with all applicable anti-money laundering laws and
regulations. 
 4.14 Servicer Ratings. Seller has a residential primary servicer rating for the servicing of subprime
residential mortgage loans issued by S&P, Fitch or Moody’s at or above “Above Average,” “RPS3” and “SQ2-”, respectively. 
 4.15 Eligible Servicer. Seller meets the eligibility requirements of a servicer and a subservicer under the terms of each Servicing Agreement and Underlying Document. 

4.16 HAMP. Seller has entered into a Commitment to Purchase Financial Instrument and Servicer Participation Agreement with Fannie
Mae, as financial agent of the United States, which agreement is in full force and effect. 
 ARTICLE 5 

CONDITIONS PRECEDENT 
 5.1 Conditions to the Purchase of the Rights to MSRs. Purchasers’ obligations to make their respective purchases pursuant to Section 2.1, Holding’s obligations to purchase the
Servicing Rights pursuant to Section 2.2, and Purchasers’ obligations to pay the Purchase Price (and the Estimated Purchase Price) pursuant to Section 2.3 and Section 2.6 are subject to the satisfaction or
Purchasers’ waiver of each of the conditions set forth in Section 6.1 and Section 6.3 of the Agreement (except the requirement to deliver the Third Party Consents necessary to transfer the Servicing Rights pursuant to
Section 2.2) with respect to each of the Servicing Agreements and each of the Servicing Rights, as applicable, on the Closing Date and the satisfaction of each of the following conditions: 

(a) Seller shall have obtained all consents or approvals required to be obtained to consummate the transfers to Purchasers pursuant to
Section 2.1; 

  
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 (b) The Servicing Advance Facility Agreements shall have been executed and delivered by each
of the parties thereto and all of the conditions precedent to the effectiveness of the Servicing Advance Facility Agreements set forth therein have been satisfied; and 
 (c) The Subservicing Agreement and the Subservicing Supplement shall have been executed and delivered by each of the parties thereto and all of the conditions precedent to the effectiveness of the
Subservicing Agreement and the Subservicing Supplement set forth therein have been satisfied. 
 ARTICLE 6 

SERVICING MATTERS 
 6.1 Seller as Servicer. Except as expressly set forth in this Sale Supplement, Seller shall perform all of its duties and obligations of under each Servicing Agreement until the related Servicing
Transfer Date and shall at all times until the related Servicing Transfer Date meet any standards and fulfill any requirements applicable to Seller under each Servicing Agreement. 

6.2 Servicing. Except as otherwise specifically provided in this Sale Supplement, Seller covenants and agrees to service and
administer each Mortgage Loan related to a Servicing Agreement from and after the Closing Date until the related Servicing Transfer Date in accordance with Applicable Law, the terms of the related Mortgage Loan Documents and any applicable private
mortgage insurance or pool insurance, the standards, requirements, guidelines, procedures, restrictions and provisions of the related Servicing Agreement and Underlying Documents governing the duties of Seller thereunder, this Sale Supplement and
any other Applicable Requirements. Without limiting the foregoing, Seller covenants and agrees that it shall perform its obligations pursuant to this Sale Supplement in a manner that will not cause the termination of Seller as servicer under any
Deferred Servicing Agreement, including any termination based on Seller’s management of delinquency or loss performance with respect to Mortgage Loans related to such Deferred Servicing Agreement. The parties acknowledge and agree that any
termination of Seller as servicer with respect to a Servicing Agreement pursuant to a delinquency or loss performance trigger or for any other reason, other than as a result of a failure by Holdings to purchase Servicing Advance Receivables pursuant
to Section 3.1, shall be deemed to be the result of a breach by Seller of its obligations under this Sale Supplement and the Agreement. In the event of a conflict between a Servicing Agreement and this Article 6, the Servicing
Agreement shall control. 
 6.3 Collections from Obligors and Remittances. Seller shall direct the obligors on the
Deferred Mortgage Loans to remit payment on the Deferred Mortgage Loans to the Clearing Account (as defined in the Servicing Agreement) and shall within one (1) Business Day of receipt promptly deposit any amounts Seller receives with respect
to the Deferred Mortgage Loans in the Clearing Account. Seller shall promptly remit all amounts received by Seller with respect to the Mortgage Loans to the applicable Custodial Account or Escrow Account, but no later than the earlier of two
(2) Business Days after receipt thereof or the date required pursuant to the applicable Deferred Servicing Agreement; provided, that Seller shall, subject to the terms of the related Servicing Agreement, remit any such amounts that
constitute recovery of a Servicer Advance to the applicable account, if any, specified by Holdings pursuant to Section 3.4  

  
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within one (1) Business Day of receipt thereof; provided, further, that Seller shall, subject to the terms of the related Servicing Agreement, remit any such amounts that constitute
Servicing Fee to the applicable account, if any, specified by Holdings pursuant to Section 2.5 within one (1) Business Day of receipt thereof. Seller shall also making any compensating interest payments or prepayment interest
shortfall payments required to be made by Seller with respect to the Mortgage Loans under the Deferred Servicing Agreements, and shall remit any such payments to the applicable Custodial Account no less than one (1) Business Day prior to the
applicable remittance date for such Servicing Agreement. 
 6.4 Servicing Practices. Seller shall not make any material
change to its servicing practices with respect to the Deferred Mortgage Loans after the date hereof, including, any material changes to its cash collection and sweep processes or its advance policies or stop advance policies, without Holding’s
prior written consent, which consent shall not be unreasonably withheld or delayed. Holdings shall have the right to direct Seller to implement reasonable changes to Seller’s servicing practices applicable with respect to all or a portion
of the Mortgage Loans, including any changes necessary to ensure compliance with any Applicable Laws or governmental programs or directions received pursuant to the applicable Servicing Agreements. 

6.5 Servicing Reports. Seller shall simultaneously deliver a copy of any reports delivered by Seller to any Person pursuant to the
Deferred Servicing Agreements to Holdings. 
 6.6 Escrow Accounts. Subject to the terms of the related Deferred Servicing
Agreement, Seller shall be entitled to withdraw funds from any Escrow Account related to a Deferred Servicing Agreement only for the purposes permitted in the applicable Servicing Agreement. 

6.7 Notices and Financial Information. Until the last Servicing Transfer Date, Seller will furnish, or will cause to be furnished,
to Purchasers: 
 (a) within two (2) Business Days after the occurrence of a breach by Seller of the Agreement or this Sale
Supplement or any Termination Event or other event that would give HLSS the right to direct Seller to transfer the Servicing Rights with respect to any Deferred Servicing Agreement, notice of such event; 

(b) any information required to be delivered by Seller pursuant to Section 5.10 of the Subservicing Agreement, which
information shall be delivered at such times as specified in Section 5.10 of the Subservicing Agreement, provided that any reference to a “Subject Servicing Agreement” in Section 5.10 of the Subservicing Agreement
shall be deemed to be a reference to a “Deferred Servicing Agreement,” for the purposes of this Section 6.7; and 
 (c) such other information regarding the condition or operations, financial or otherwise, of Seller or any of its subsidiaries as HLSS may from time to time reasonably request. 

6.8 Defaults under Deferred Servicing Agreements. Seller covenants and agrees to use its reasonable best efforts to cure any
breach, default or notice of default with respect to its obligations under any Deferred Servicing Agreement within the timeframe for cure set forth in such Deferred Servicing Agreement. 

  
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 6.9 Continuity of Business. (a) Seller will maintain a disaster recovery plan in
support of the services it performs pursuant to this Sale Supplement and each Deferred Servicing Agreement. Seller’s disaster recovery plan shall include, at a minimum, procedures for back-up/restoration of operating and loan administration
computer systems; procedures and third-party agreements for replacement equipment (e.g. computer equipment), and procedures and third-party agreements for off-site production facilities. Seller will provide Holdings information regarding its
disaster recovery plan upon reasonable request. Seller agrees to annually test its disaster recovery plan to ensure compliance with this Section 6.9. If such test results identify a material failure, Seller shall advise Holdings of the
steps Seller will be taking to remedy such failure and shall notify Holdings when Seller has remedied such failure and retested. Seller will notify Holdings anytime Seller’s disaster recovery plan is activated. In the event of an activation of
the disaster recovery plan, Seller shall use best efforts to provide redundancy capabilities for a majority of the critical systems within 48 hours in at least one of Seller’s other servicing facilities unaffected by the disaster to ensure
servicing of the Mortgage Loans will be re-established within such 48 hours. 
 6.10 Optional Termination or Clean Up
Calls. Seller may exercise its rights under any optional termination or clean up call provision pursuant to a Deferred Servicing Agreement prior to the related Servicing Transfer Date; provided that simultaneously or prior to such
exercise, (i) Seller or its designee agrees to purchase, and purchases, the Mortgage Loans that are subject to such Deferred Servicing Agreement at a purchase price that is at least equal to the applicable purchase price pursuant to such
Deferred Servicing Agreement, (ii) all unreimbursed Servicer Advances and other amounts owed to Holdings with respect to such Deferred Servicing Agreement under the Sale Supplement or otherwise are paid to Holdings, (iii) Seller shall have
paid to HLSS a redemption fee with respect to such Deferred Servicing Agreement equal to the Book Value of the Rights to MSRs related to such Deferred Servicing Agreement on HLSS’s financial statements as of the date of such optional
termination or clean up call and (iv) Seller shall provide at least ten (10) Business Days prior written notice to Purchasers of such exercise. 
 6.11 Amendments to Deferred Servicing Agreements; Transfer of Servicing Rights. Seller hereby covenants and agrees not to amend the Servicing Agreements without Purchasers’ prior written
consent. Seller shall not sell or otherwise voluntarily transfer servicing under any of the Deferred Servicing Agreement during the Consent Period except as expressly provided in this Sale Supplement or take any other actions inconsistent with
Purchasers’ right to acquire ownership of Servicing Rights with respect to a Servicing Agreement upon receipt of the required Third Party Consents. 
 6.12 Assumption of Servicing Duties; Transfer of Rights to MSRs and Servicing Rights. Holdings may from time to time designate any of Seller’s servicing obligations under a Deferred Servicing
Agreement and assume the performance of such obligations so long as such assumption is permitted pursuant to such Deferred Servicing Agreement and does not limit Seller’s right to receive the Servicing Fees pursuant to such Deferred Servicing
Agreement. Notwithstanding anything in the Agreement or this Sale Supplement to the contrary, HLSS may transfer the Rights to MSRs to any third party and/or may direct Seller to transfer the Servicing Rights to a third party that can obtain the
required Third Party Consents, subject to the right of the Seller to receive the Seller Monthly Servicing Fee, the Performance Fee, the Ancillary Income and, if applicable, the Prepayment Interest Excess owed to Seller with respect to such Deferred
Servicing Agreement pursuant to Article 7. For the avoidance of doubt, HLSS shall be entitled to receive all proceeds of such transfer. 

  
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 6.13 Termination Event. In the case that any Termination Event occurs with respect to
any Servicing Agreement during the Consent Period, Seller shall, upon HLSS’s written direction to such effect, use commercially reasonable efforts to transfer the Servicing Rights relating to any affected Servicing Agreement to a third party
servicer identified by HLSS with respect to which all required Third Party Consents with respect to such Servicing Agreement can be obtained. HLSS shall be entitled to receive all proceeds of such transfer. 

6.14 Servicing Transfer. Seller and Purchasers shall, prior to the Servicing Transfer Date with respect to each Servicing
Agreement, work in good faith to determine and agree upon applicable servicing transfer procedures with respect to such Servicing Agreement. 
 6.15 Incorporation of Provisions from Subservicing Agreement. The provisions of each of Sections 5.3, 5.4, 5.5, 5.6, 5.7, 5.8 (excluding the first sentence
thereof), 5.17 and 5.18, and Exhibit A of the Subservicing Agreement are hereby incorporated into this Sale Supplement by reference, mutatis mutandis, as if its provisions were fully set forth herein; provided that
any reference therein to the defined terms “Ocwen,” “Servicer,” “Mortgage Loan,” “Subject Servicing Agreement” and “Agreement,” shall be deemed for purposes of this Sale Supplement to be references
to the terms “Seller,” “Holdings,” “Deferred Mortgage Loan,” “Deferred Servicing Agreement” and “Sale Supplement,” respectively and any reference therein to the phrase “during the term of this
Agreement” shall be deemed for purposes of this Sale Supplement to be references to the phrase “until the last Servicing Transfer Date.” 
 ARTICLE 7 
 SELLER SERVICING FEES; COSTS AND EXPENSES 

7.1 Seller Monthly Servicing Fee. As consideration for Seller servicing the Mortgage Loans pursuant to the Deferred Servicing
Agreements during the applicable Consent Period but prior to the earlier of the date on which the Servicing Rights are transferred from Seller with respect to a Deferred Servicing Agreement or Servicing Fee Reset Date, Holdings shall pay to Seller a
monthly base servicing fee for each calendar month during such period during which Seller is servicing Mortgage Loans with respect to Deferred Servicing Agreements pursuant to this Sale Supplement equal to 12% of the aggregate Servicing Fees
actually received by Purchasers under this Sale Supplement during such calendar month with respect the Deferred Servicing Agreements (the “Seller Monthly Servicing Fee”). 

7.2 Performance Fee. In addition to the Seller Monthly Servicing Fee, Holdings shall pay to Seller for each calendar month during
which Holdings is servicing Mortgage Loans with respect to Deferred Servicing Agreements pursuant to this Sale Supplement a performance fee (“Performance Fee”) equal to the greater of (a) zero and (b) (x) the excess,
if any, of the aggregate of all Servicing Fees actually received by Purchasers with respect to the Deferred Servicing Agreements and pursuant to the Transferred Servicing Agreements (whether directly

  
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pursuant to such Transferred Servicing Agreements or pursuant to this Sale Supplement) during such calendar month over the sum of (i) the Monthly Servicing Fee for such calendar month and
(ii) the Retained Servicing Fee for such calendar month multiplied by (y) a fraction, (i) the numerator of which is the average unpaid principal balance of all Mortgage Loans subject to the Deferred Servicing Agreements during such
calendar month and (ii) the denominator of which is equal to the sum of the average unpaid principal balance of all Mortgage Loans subject to the Deferred Servicing Agreements during such calendar month and the average unpaid principal balance
of all Mortgage Loans subject to the Transferred Servicing Agreements during such calendar month, or such other allocation percentage which is agreed by Seller and Holdings (the “Allocation Percentage”). The Performance Fee, if any,
for any calendar month will be reduced by an amount equal to (y) 6.50% per annum (i.e., 0.5417% per month) of the Excess Servicing Advances, if any, for such month multiplied by the Allocation Percentage, and the amount of any such
reduction in the Performance Fee shall be retained by Holdings. If the Closing Date does not occur on the first day of a calendar month, the Performance Fee for the period from the Closing Date to the last of the calendar month in which the Closing
Date occurs shall be calculated in a pro rata manner based on the number of days in such period. Notwithstanding any provision in this Sale Supplement to the contrary, in the event Holdings has failed to pay Seller any Seller Monthly Servicing Fee
or Performance Fees that are past due after ten (10) Business Days of Holdings receiving notice of such failure, Seller shall not be required to continue to act as subservicer until such time as Holdings has fully paid such past due Seller
Monthly Servicing Fee or Performance Fee; provided that Holdings shall not have notified Seller that it disputes the occurrence or amount of such past due Seller Monthly Servicing Fee or Performance Fee. 

7.3 Costs and Expenses. Except as otherwise expressly provided in the Agreement or this Sale Supplement, each party hereto shall
be responsible for its own costs and expenses incurred in connection with the negotiation and execution of the Agreement, this Sale Supplement and all documents relating thereto. Seller shall be required to pay all expenses incurred by it in
connection with its obligations hereunder to the extent such expenses do not constitute Servicer Advances and shall not be entitled to reimbursement therefor except as specifically provided for herein or in the applicable Deferred Servicing
Agreement. Seller shall reimburse Purchasers for any reasonable out-of-pocket costs, including legal fees, incurred by Purchasers in connection with obtaining any required Third Party Consents; provided, however, that neither Purchaser
shall incur such costs without the prior written approval of Seller. 
 7.4 Ancillary Income. Seller shall be entitled to
retain as additional compensation any Ancillary Income and any Prepayment Interest Excess received by Seller with respect to the Deferred Mortgage Loans, and all income from amounts on deposit in Custodial Accounts and Related Escrow Accounts
related to the Deferred Servicing Agreements, to the extent such Ancillary Income, Prepayment Interest Excess or income is permitted to be retained by Seller pursuant to the related Deferred Servicing Agreement. 

7.5 Calculation and Payment. No later than the second Business Day following the receipt by Purchasers of the Monthly Servicing
Oversight Report for a calendar month, Holdings will remit to Seller in immediately available funds the Seller Monthly Servicing Fee and Performance Fees payable by Holdings to Seller for the related calendar month, along with a report showing in
reasonable detail the calculation of such Seller Monthly Servicing Fees and Performance Fees. 

  
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 7.6 No Offset. Neither party shall have any right to offset against any amount
payable hereunder or other agreement to the other party, or otherwise reduce any amount payable hereunder as a result of, any amount owing by the other party or any of its Affiliates to such party or any of its Affiliates. 

7.7 Servicing Fee Reset Date. The servicing fees payable to Seller after the Servicing Fee Reset Date shall be subject to
negotiation between Seller and Holdings. If Seller and Holdings are unable to agree to such servicing fee prior to the Servicing Fee Reset Date, Seller shall, upon Holding’s written direction to such effect, transfer the Servicing Rights
relating to all of the Deferred Servicing Agreements to a third party servicer identified by Holdings with respect to which all required Third Party Consents with respect to the Deferred Servicing Agreements can be obtained. Holdings shall be
entitled to receive all proceeds related to such transfer. 
 ARTICLE 8 

INDEMNIFICATION 
 8.1 Seller Indemnification of Purchasers. Seller agrees to indemnify and hold harmless each Purchaser and each officer, director, agent, employee or Affiliate of each Purchaser (each, a
“Seller Indemnified Party”) from and against any and all claims, losses, damages, liabilities, judgments, penalties, fines, forfeitures, legal fees and expenses, and any and all related costs and/or expenses of litigation,
administrative and/or regulatory agency proceedings, and any other costs, fees and expenses (each, a “Liability”) suffered or incurred by a Purchaser or any such other Person (whether or not resulting from a third party claim)
arising directly or indirectly out of or resulting from (a) any event relating to Transferred Assets occurring prior to the related Servicing Transfer Date, (b) a breach of any of Seller’s representations and warranties contained in
the Agreement, this Sale Supplement or any other Related Agreement or Seller’s failure to observe and perform any of Seller’s duties, obligations, covenants or agreements contained in the Agreement, this Sale Supplement or any other
Related Agreement, (c) acts or omissions of Seller, any other servicer of any Mortgage Loans, or any subservicer, contractor or agent engaged by Seller or any other servicer, in each case prior to the related Servicing Transfer Date, relating
to the Transferred Assets, including any failure by Seller, any other servicer or any subservicer, contractor or agent engaged by Seller or any other servicer prior to the related Servicing Transfer Date to comply with the Applicable Requirements,
(d) the Excluded Liabilities or (e) any acts or omissions by Seller or its employees or agents in performance of its duties or obligations pursuant to this Sale Supplement. 

8.2 Purchasers Indemnification of Seller. Purchasers agree, jointly and severally, to indemnify and hold harmless Seller and each
officer, director, agent, employee or Affiliate of Seller (each, a “Purchaser Indemnified Party”) from and against any and all Liability suffered or incurred by Seller or any such other Person arising out of or resulting from
(a) a breach of any of Purchasers’ representations and warranties or covenants contained in the Agreement, the Sale Supplement or any other Related Agreement or (b) acts or omissions of a Purchaser or any subservicer, contractor or
agent (other than Seller or any of Seller’s Affiliates) engaged by Purchasers, in each case after the related Servicing Transfer Date, relating to the Transferred Assets. 

  
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 8.3 Indemnification Procedures. 

(a) As promptly as is reasonably practicable after becoming aware of a claim for indemnification under the Agreement or this Sale
Supplement not involving a Third-Party Claim, but in any event no later than fifteen (15) Business Days after first becoming aware of such claim, the Indemnified Person shall give notice to the Indemnifying Person of such claim, which notice
shall specify the facts alleged to constitute the basis for such claim and the amount that the Indemnified Person seeks hereunder from the Indemnifying Person; provided, however, that the failure of the Indemnified Person to give such
notice shall not relieve the Indemnifying Person of its obligations under this Section 8.3 except to the extent (if any) that the Indemnifying Person shall have been prejudiced thereby. 

(b) The Indemnified Person shall give notice as promptly as is reasonably practicable, but in any event no later than ten
(10) Business Days after receiving notice thereof, to the Indemnifying Person of the assertion of any claim, or the commencement of any action, suit, claim or proceeding, by any unaffiliated third Person (a “Third-Party Claim”)
in respect of which indemnity may be sought under the Agreement or this Sale Supplement (which notice shall specify in reasonable detail the nature and amount of such claim); provided, however, that the failure of the Indemnified
Person to give such notice shall not relieve the Indemnifying Person of its obligations under this Section 8.3 except to the extent (if any) that the Indemnifying Person shall have been prejudiced thereby. The Indemnifying Person may, at
its own expense, (i) participate in the defense of any such Third-Party Claim, and (ii) upon notice to the Indemnified Person, at any time during the course of any such Third-Party Claim, assume the defense thereof with counsel of its own
choice and, in the event of such assumption, shall have the exclusive right, subject to clause (i) in the proviso in Section 8.3(c), to settle or compromise such Third-Party Claim. If the Indemnifying Person assumes such
defense, the Indemnified Person shall have the right (but not the duty) to participate in the defense thereof and to employ counsel, at its own expense, separate from the counsel employed by the Indemnifying Person. Whether or not the Indemnifying
Person chooses to defend or prosecute any such Third-Party Claim, all of the parties hereto shall cooperate in the defense or prosecution thereof. 
 (c) Any settlement or compromise made or caused to be made by the Indemnified Person (unless the Indemnifying Person has the exclusive right to settle or compromise under clause (ii) of
Section 8.3(b) or the Indemnifying Person, as the case may be), of any such Third-Party Claim shall also be binding upon the Indemnifying Person or the Indemnified Person, as the case may be, in the same manner as if a final judgment had
been entered by a court of competent jurisdiction in the amount of such settlement or compromise; provided, however, that (i) no obligation, restriction, loss or admission of guilt or wrongdoing shall be imposed on the Indemnified
Person as a result of such settlement or compromise without its prior written consent and (ii) the Indemnified Person will not compromise or settle any Third Party Claim without the prior written consent of the Indemnifying Person. 

  
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 (d) Except as specifically provided for in the Agreement or this Sale Supplement, no claim
may be made by an Indemnified Person for any special, indirect, punitive or consequential damages (“Special Damages”) in respect of any breach or wrongful conduct (whether the claim therefor is based on contract, tort or duty
imposed by law) in connection with, arising out of, or in any way related to the transactions contemplated, or relationship established, by this Agreement or any Sale Supplement, or any act, omission or event occurring in connection herewith or
therewith, and to the fullest extent permitted by law, Seller and each Purchaser hereby waives, releases and agrees not to sue upon any such claim for Special Damages, whether or not accrued or whether or not known or suspected to exist in its
favor. 
 8.4 Tax Treatment. (a) Seller and Purchasers agree that all payments made by any of them to or for the
benefit of the other under this Article 8, under other indemnity provisions of the Agreement or this Sale Supplement and for any misrepresentations or breaches of warranties or covenants, shall be treated as adjustments to the Purchaser Price
for tax purposes and that such treatment shall govern for purposes hereof except to the extent that the Applicable Laws of a particular jurisdiction provide otherwise. 
 (b) All payments made pursuant to this Agreement shall be made free and clear and without deductions of any kind for taxes. 
 8.5 Survival. The parties’ obligations under this Article 8 shall survive any termination of the Agreement and/or this Sale Supplement. 

8.6 Additional Indemnification. (a) Without limiting Seller’s obligations under Article 8 of this Sale
Supplement, it is agreed by the parties that if Seller is terminated as servicer under any Deferred Servicing Agreement as a result of any action described in clauses (a) through (e) of Section 8.1 above, Seller shall
also pay to Purchasers, as reasonable and just compensation for such termination, an amount equal to the product of (i) the Purchase Price for such Deferred Servicing Agreement and (ii) the Amortization Percentage for the calendar month in
which Seller received notice of such termination, and Purchasers shall accept such sum as liquidated damages, and not as penalty, in the event of such a termination. 
 8.7 Specific Performance. Notwithstanding any other provision of the Agreement or this Sale Supplement, (i) it is understood and agreed that the remedy of indemnity payments pursuant to this
Article 8 and other remedies at law would be inadequate in the case of any actual or threatened breach of the Agreement or this Sale Supplement by Seller and (ii) Purchasers shall be entitled, without limiting its other remedies and
without the necessity of proving actual damages or posting any bond, to equitable relief, including the remedy of specific performance or injunction, with respect to any breach or threatened breach of such covenants. Such relief shall be in addition
to, and not in lieu of, all other remedies available at law or in equity to such party under the Agreement and this Sale Supplement. 

  
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 ARTICLE 9 
 GRANT OF SECURITY INTEREST 
 9.1 Granting Clause. To secure its
performance of its obligations under the Agreement and this Sale Supplement, Seller hereby grants to Purchasers a security interest in all of its right, title and interest in an to the following, whether now owned or hereafter acquired, and all
monies “securities,” “instruments,” “accounts,” “general intangibles,” “payment intangibles,” “payment intangibles,” “goods,” “letter of credit rights,” “chattel
paper,” “financial assets,” “investment property,” (each as defined in the applicable UCC) and other property consisting of, arising from or relating to any of the following: 

(a) the Servicing Rights in respect of all of the Mortgage Loans and REO Properties related to the Deferred Servicing Agreements, in each
case together with all related security, collections and payments thereon and proceeds of the conversion, voluntary or involuntary of the foregoing; 
 (b) the Rights to MSRs with respect to each Servicing Agreement; 
 (c) all
Servicing Fees, Ancillary Income and Prepayment Interest Excess received under the Deferred Servicing Agreements and subject to Section 6.10 of this Sale Supplement any rights to exercise any optional termination or clean-up call
provisions under the Deferred Servicing Agreements; 
 (d) all files and records in Seller’s possession or control,
including the related Database, relating to the assets specified in clauses (a) through (c); 
 (e) all causes of action,
lawsuits, judgments, claims, refunds, choses in action, rights of recovery, rights of set-off, rights of recoupment, demands and any other rights or claims of any nature, whether arising by way of counterclaim or otherwise, available to or being
pursued by Seller to the extent related exclusively to any of the foregoing and/or the Assumed Liabilities; and 
 (f) any
proceeds of any of the foregoing (collectively, the “Collateral”). 
 This Sale Supplement shall constitute a security
agreement under applicable law. Seller agrees that from time to time it shall promptly execute and deliver all additional instruments and documents and take all additional action that Purchasers may reasonably request in order to perfect the
interests of Purchasers in, to and under, or to protect, the Collateral or to enable Purchasers to exercise or enforce any of its rights or remedies hereunder. To the fullest extent permitted by applicable law, Seller hereby authorizes Purchasers to
file financing statements and amendments thereto in connection with the grant of a security interest pursuant to this Section 9.1. Seller covenants and agrees to take all necessary action to prevent the creation or imposition of any Lien
upon any of the Collateral, and to maintain the Collateral free and clear of all Liens, other than the Lien securing the obligations of Seller arising under this Sale Supplement. 

  
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 ARTICLE 10 
 MISCELLANEOUS PROVISIONS 
 10.1 Further Assurances. Without limiting
Section 5.7 of the Agreement, each party hereto shall execute and deliver in a reasonable timeframe such reasonable and appropriate additional documents, instruments or agreements and take such reasonable actions as may be necessary or
appropriate to effectuate the purposes of this Sale Supplement at the request of the other party. Without limiting the foregoing, the Seller agrees that it will promptly at Purchasers’ request execute and deliver an one or more assignment and
assumption agreements, in form mutually agreed to by the parties, one or more equity interest assignments, in form mutually agreed to by the parties, or such other documents, instruments or agreements as Purchasers may reasonably request to evidence
the transfers of Rights to MSRs pursuant to Section 2.1, Servicing Rights pursuant to Section 2.2 and Transferred Receivables Assets pursuant to Section 3.1. 

10.2 Compliance with Applicable Laws; Licenses. Seller will comply with all Applicable Laws in connection with the performance of
its obligations under the Agreement and this Sale Supplement. Seller shall maintain all necessary licenses and approvals in each jurisdiction where the failure to do so would materially and adversely affect the ability of Seller to perform its
obligations under the Agreement and this Sale Supplement. 
 10.3 Merger, Consolidation, Etc. Seller will keep in full
effect its existence, rights and franchises as a limited liability company, and will obtain and preserve its qualification to do business as a foreign organization in each jurisdiction in which such qualification is or shall be necessary to protect
the validity and enforceability of the Agreement, this Sale Supplement, each Deferred Servicing Agreement or any of the Deferred Mortgage Loans, or to perform its duties under the Agreement or this Sale Supplement. Seller may be merged or
consolidated with or into any Person, or transfer all or substantially all of its assets to any Person, in which case any Person resulting from any merger or consolidation to which Seller shall be a party or acquiring all or substantially all of the
assets of Seller, or any Person succeeding to the business of Seller shall be the successor of Seller hereunder and under the Agreement, without the execution or filing of any paper or any further act on the part of any of the parties hereto;
provided, however, that the successor or surviving Person shall be an institution whose deposits are insured by FDIC or a company whose business includes the servicing of mortgage loans and shall have a tangible net worth not less than $25,000,000.

 10.4 Annual Officer’s Certificate. Not later than March 15th of each calendar year commencing in 2013, Seller shall deliver to
Purchasers an Officer’s Certificate stating, as to each signatory thereof, that (i) a review of the activities of Seller during the preceding year and of performance under the Agreement and this Sale Supplement has been made under such
officers’ supervision and (ii) to the best of such officer’s knowledge, based on such review, Seller has fulfilled all of its obligations under the Agreement and this Sale Supplement in all material respects throughout such year, or,
if there has been a default in the fulfillment of any such obligation in any material respect, specifying each such default known to such officer and the nature and status thereof. 

  
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 10.5 Accounting Treatment. Notwithstanding Section 8.14 of the Agreement,
the parties acknowledge that until such time as the Third Party Consents with respect to a Servicing Agreement are obtained, the parties shall treat the transaction hereunder with respect to such Servicing Agreement as a financing for accounting
purposes. 
 10.6 Incorporation. The provisions of Article 8 of the Agreement are hereby incorporated into this
Sale Supplement by reference, mutatis mutandis, as if its provisions were fully set forth herein. 
 10.7 Third Party
Beneficiaries. Seller and each Purchaser acknowledge and agree that the indenture trustee, on behalf of the holders of related notes, with respect to any Servicing Advance Financing Agreements pursuant to which Purchaser has transferred Servicer
Advances made pursuant to a Deferred Servicing Agreement is an express third party beneficiary of this Sale Supplement and the Agreement solely with respect to the Deferred Servicing Agreements related to such Servicing Advance Financing Agreement.

 [Signature Page Follows] 

  
 -28-

 IN WITNESS WHEREOF, the parties hereto have caused this Sale Supplement to be executed and
delivered by its respective officer thereunto duly authorized as of the date above written. 
  

			
	OCWEN LOAN SERVICING, LLC
	
	By: Ocwen Mortgage Servicing, Inc., as its sole member
		
	By:	 	 
		
	Name:	 	Kenneth D. Najour
		
	Title:	 	Treasurer
	
	HLSS HOLDINGS, LLC
		
	By:	 	 
		
	Name:	 	James Lauter
		
	Title:	 	Senior Vice President and CFO
	
	HOME LOAN SERVICING SOLUTIONS, LTD.
		
	By:	 	 
		
	Name:	 	William C. Erbey
		
	Title:	 	Chairman

 EXHIBIT A 
 Form of Monthly Remittance Report 
  

					
	 Ocwen Loan Servicing, LLC
	  	 	xxx	  
	 Deal Name
	  			
	 Remittance Summary
	  	 	[Month	] [Year] 
	 Particulars
	  	 	Amount 	($) 
	 Scheduled Principal Payments
	  	 	0.00	  
	 Curtailments
	  	 	0.00	  
	 Interest on curtailment
	  	 	0.00	  
	 Pool to Security
	  	 	0.00	  
	 Payoff Principal
	  	 	0.00	  
	 Neg Amt Prin
	  	 	0.00	  
	 Deferred Principal Paid
	  	 	0.00	  
		  	  
	  
	 
	 Total Principal remitted
	  	 	0.00	  
		  	  
	  
	 
	 Gross Scheduled Interest
	  	 	0.00	  
	 Less: Service fee amount
	  	 	0.00	  
	 Less: LPMI Premium
	  	 	0.00	  
	 Add: INT on STA Reinstatement
	  	 	0.00	  
	 Add: INT on STA Paid-in-full
	  	 	0.00	  
	 Less: STA PI Recoveries
	  	 	0.00	  
		  	  
	  
	 
	 Total Interest remitted
	  	 	0.00	  
		  	  
	  
	 

					
	 Less: Realized Loss
	  	 	0.00	  
	 Less: Trailing expenses
	  	 	0.00	  
	 Add: Trailing income
	  	 	0.00	  
	 +/- Collection on released loans
	  	 	0.00	  
	 Interest on curtailment
	  	 	0.00	  
	 Add: Prepayment penalty
	  	 	0.00	  
	 +/- Prior period PPP
	  	 	0.00	  
	 Add: Collection on STA loans
	  	 	0.00	  
	 Add: Non recoverable Credits
	  	 	0.00	  
	 Less: Non recoverable advances
	  	 	0.00	  
	 Less: Non Loan level expense
	  	 	0.00	  
	 Less: Jr Lien Blanket Policy Fee
	  	 	0.00	  
	 Less: Pre-approved legal expense
	  	 	0.00	  
	 +/- -Reconciliation adjustments
	  	 	0.00	  
	 +/- Arrearage remittance
	  			
	 Add: Principal Arrearage
	  	 	0.00	  
	 Add: Interest Arrearage
	  	 	0.00	  
	 +/- : Modification Forgiveness of Debt
	  			
	 Principal Forgiveness
	  	 	0.00	  
	 Interest Forgiveness
	  	 	0.00	  
	 Expense Forgiveness
	  	 	0.00	  
	 Scheduling Difference
	  	 	0.00	  

					
	 Deffered Principal Loss
	  	 	0.00	  
	 SAM waived balance loss
	  	 	0.00	  
	 Investor Incentives
	  	 	0.00	  
	 Less: Compensating Interest adjustment
	  	 	0.00	  
		  	  
	  
	 
	 Total Remittance
	  	 	0.00	  
		  	  
	  
	 
	 Beg Sch Balance
	  	 	0.00	  
	 Ending Principal Balance
	  	 	0.00	  
	 Beg Actual Balance
	  	 	0.00	  
	 Ending Actual Principal Balance
	  	 	0.00	  
	 Beg Deferred Principal Balance
	  	 	0.00	  
	 Ending Deferred Principal Balance
	  	 	0.00	  
	 Beg Loan count
	  	 	0.00	  
	 Payoffs
	  	 	0.00	  
	 End Loan count
	  	 	0.00	  
	 Principal Roll Test
	  	 	0.00	  
	 Loan Count Test
	  	 	0.00	  
	Non Supporting Compensating Interest	  	 	0.00	  
	 Wire of sub—Investor
	  	 	0.00	  
		  	  
	  
	 
	 Grand Total for PI Wire
	  	 	0.00	  
		  	  
	  
	 

 SCHEDULE I 
 SERVICING AGREEMENTS 
 [SEE ORIGINAL SALE SUPPLEMENT] 

 SCHEDULE II  
 Underlying Documents 
 None 

 SCHEDULE III 
 RETAINED SERVICING FEE PERCENTAGE 
 [SEE ORIGINAL SALE SUPPLEMENT]

 SCHEDULE IV 

TARGET RATIO SCHEDULE 
 [SEE ORIGINAL SALE SUPPLEMENT] 

 SCHEDULE V 
 VALUATION PERCENTAGE 
 [SEE ORIGINAL SALE SUPPLEMENT] 

 SCHEDULE VI 
 AMORTIZATION PERCENTAGE 
 [SEE ORIGINAL SALE SUPPLEMENT]EX-10.1

 EXHIBIT 10.1 
 EXECUTION VERSION 
 SECOND REFINANCING AMENDMENT dated as of
February 6, 2013 (this “Amendment”), to the Credit Agreement (as defined below) among Igloo Intermediate Corporation, as Holdings (“Holdings”), Interactive Data Corporation, as Borrower (the
“Borrower”), the Lenders party hereto and Bank of America, N.A., as Administrative Agent. 
 RECITALS

 A. Holdings, the Borrower, the Lenders party thereto from time to time and Bank of America, N.A., as Administrative Agent
(the “Administrative Agent”), are party to that certain Credit Agreement dated as of July 29, 2010 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”). 

B. The Credit Agreement permits the Borrower to obtain Credit Agreement Refinancing Indebtedness from any Lender or Additional Lender in
respect of all or any portion of the Term Loans outstanding under the Credit Agreement in the form of Other Term Loans and Other Term Commitments pursuant to a Refinancing Amendment. 

C. On the Second Refinancing Amendment Effective Date (as defined below), the Borrower intends to (i) incur additional
Term Loans pursuant to Sections 2.21 and 9.02 of the Credit Agreement in an aggregate principal amount of up to $1,305,000,000 (the “Term B Loans”) and (ii) use the proceeds of the Term B Loans to repay all
Term Loans outstanding immediately prior to the Second Refinancing Amendment Effective Date (the “Original Term Loans”) and accrued interest thereon and to pay fees and expenses incurred in connection with the foregoing.

 D. Subject to the terms and conditions set forth herein, each Person party hereto who has delivered a signature page as a
Lender agreeing to provide Term B Loans (each such Person who is a Term Lender holding Original Term Loans immediately prior to the effectiveness of this Amendment, a “Continuing Term B Lender”; each such Person who is not a
Continuing Term B Lender, an “Additional Term B Lender”; and each Continuing Term B Lender and Additional Term B Lender, a “Term B Lender”) has agreed to provide a commitment (the “Term B
Commitment”) in the amount set forth on its signature page hereto (or to convert all of its Original Term Loans into Term B Loans (such converted Term B Loans, the “Converted Term Loans” and any such conversion of Original
Term Loans into Term B Loans being referred to herein as a “Second Refinancing Conversion”)). Any Lender holding Original Term Loans immediately prior to the effectiveness of this Amendment that is not a Term B Lender is referred to
herein as an “Exiting Term Lender”. 
 E. In order to effect the foregoing, Holdings, the Borrower and the
other parties hereto desire to amend the Credit Agreement, subject to the terms and conditions set forth herein. This Amendment is a Refinancing Amendment contemplated by Section 2.21 of the Credit Agreement to provide for the Term B Loans,
which is subject to the approval of Holdings, 

 
the Borrower, the Administrative Agent and the Term B Lenders, which will become effective only on the Second Refinancing Amendment Effective Date. 

AGREEMENTS 
 In consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Holdings, the Borrower, the Term B Lenders and the
Administrative Agent hereby agree as follows: 
 ARTICLE I. 

Refinancing Amendment 
 SECTION 1.01. Defined Terms. Capitalized terms used herein (including in the recitals hereto) and not otherwise defined herein shall have the meanings assigned to such terms in the Credit
Agreement. The rules of construction specified in Section 1.03 of the Credit Agreement also apply to this Amendment. 

SECTION 1.02. Term B Commitments. (a) Subject to the terms and conditions set forth herein, on the Second Refinancing
Amendment Effective Date, each Additional Term B Lender agrees to fund a Term B Loan in a principal amount not exceeding such Additional Term B Lender’s Term B Commitment set forth on its signature page hereto. 

(b) Subject to the terms and conditions set forth herein, on the Second Refinancing Amendment Effective Date, each Continuing Term B
Lender agrees to convert all of its Original Term Loans into Converted Term Loans. Without limiting the generality of the foregoing, each Continuing Term B Lender shall have a commitment to acquire by Conversion Converted Term Loans in the amounts
of Original Term Loans then held by such Continuing Term B Lender as set forth on its signature page hereto. Each party hereto acknowledges and agrees that notwithstanding any such Conversion, each such Continuing Term B Lender shall be entitled to
receive payment on the Second Refinancing Amendment Effective Date of the unpaid fees and interest accrued to such date with respect to all of its Original Term Loans. 
 (c) Each Lender, by delivering its signature page to this Amendment and funding, or converting its Original Term Loans into, Term B Loans on the Second Refinancing Amendment Effective Date shall be deemed
to have acknowledged receipt of, and consented to and approved, each Loan Document and each other document required to be delivered to, or be approved by or satisfactory to, the Administrative Agent or any Class of Lenders on the Second Refinancing
Amendment Effective Date. The commitments of the Term B Lenders are several, and no Term B Lender shall be responsible for any other Term B Lender’s failure to make Term B Loans. 

(d) Subject to the terms and conditions set forth herein, pursuant to Section 2.21 of the Credit Agreement, effective as of the
Second Refinancing Amendment Effective Date, for all purposes of the Loan Documents, (i) the Term B Commitments shall constitute “Term Commitments” and “Other Term Commitments”, (ii) the Term B Loans
shall constitute “Term Loans” and “Other Term Loans” and (iii) each Term B Lender shall become an “Additional Term Lender”, “Additional Lender”, a “Term Lender” and a
“Lender” (if such 

  
 2 

 
Term B Lender is not already a Term Lender or Lender prior to the effectiveness of this Amendment) and shall have all the rights and obligations of a Lender holding a Term Loan
Commitment (or, following the making of a Term B Loan, a Term Loan). 
 (e) The Original Term Loans of each
Exiting Term Lender shall, immediately upon the effectiveness of this Amendment, be repaid in full (together with any unpaid fees and interest accrued thereon (including funding losses payable to any Exiting Term Lenders pursuant to
Section 2.16 of the Credit Agreement)) with the proceeds of the Term B Loans and other funds available to the Borrower. The Borrower shall, on the Second Refinancing Amendment Effective Date, pay to the Administrative Agent, for the
accounts of the Persons that are Term Lenders immediately prior to the Second Refinancing Amendment Effective Date, all interest, fees and other amounts accrued to the Second Refinancing Amendment Effective Date with respect to the Original
Term Loans, whether or not such Original Term Loans are converted pursuant to Section 1.02(b) of this Amendment. 

(f) Each Lender party hereto (including each Continuing Term B Lender) waives (i) any right to compensation for losses, expenses or
liabilities incurred by such Lender to which it may otherwise have been entitled pursuant to Section 2.16 of the Credit Agreement in respect of the transactions contemplated hereby and (ii) solely in respect of the prepayment of Original
Term Loans and the making of (or conversion into) Term B Loans, as contemplated hereby, compliance with the requirements set forth in (A) Section 2.11(f) of the Credit Agreement that the Borrower give prior notice of a voluntary prepayment
of Loans and (B) Section 2.03 of the Credit Agreement that the Borrower deliver a Borrowing Request within the time periods specified therein. 
 (g) The obligation of each Term B Lender to make Term B Loans on the Second Refinancing Amendment Effective Date is subject to the satisfaction of the following conditions: 

(i) Immediately before and after giving effect to the borrowing of the Term B Loans and the repayment in full of the
Original Term Loans, the conditions set forth in paragraphs (a) and (b) of Section 4.02 of the Credit Agreement shall be satisfied on and as of the Second Refinancing Amendment Effective Date, and the Term B Lenders shall
have received a certificate of a Responsible Officer dated the Second Refinancing Amendment Effective Date to such effect. 
 (ii) The Administrative Agent shall have received a favorable legal opinion of Simpson Thacher & Bartlett LLP, counsel to the Loan Parties, covering such matters as the Administrative Agent may
reasonably request and otherwise reasonably satisfactory to the Administrative Agent. The Borrower hereby requests such counsel to deliver such opinion. 
 (iii) The Administrative Agent shall have received (i) a certificate of good standing with respect to each of the Borrower and Holdings and (ii) a closing certificate executed by a Responsible
Officer of each of the Borrower and Holdings dated the Second Refinancing Amendment Effective Date, substantially in the form of the closing certificate delivered in connection with the Credit Agreement, certifying as to the

  
 3 

 
incumbency and specimen signature of each officer executing this Amendment or any other document delivered in connection herewith on behalf of each of the Borrower and Holdings and attaching
(A) a true and complete copy of the certificate of incorporation of each of the Borrower and Holdings, including all amendments thereto, as in effect on the Second Refinancing Amendment Effective Date, certified as of a recent date by the
Secretary of State of the state of its organization, that has not been amended since the date of the last amendment thereto shown on the certificate of good standing furnished pursuant to clause (i) above, (B) a true and complete copy of
the by-laws of each of the Borrower and Holdings as in effect on the Second Refinancing Amendment Effective Date and at all times since the date prior to the date of the resolutions described in clause (C) below and (C) a true and complete
copy of resolutions duly adopted by the Board of Directors, of each of the Borrower and Holdings authorizing the execution, delivery and performance of this Amendment and certifying that such resolutions have not been modified, rescinded or amended
and are in full force and effect. 
 (iv) The Administrative Agent shall have received a Borrowing Request in a
form reasonably acceptable to the Administrative Agent requesting that the Term B Lenders make the Term B Loans to the Borrower on the Second Refinancing Amendment Effective Date. 

(v) The conditions to effectiveness of this Amendment set forth in Section 1.04 hereof (other than paragraph
(b) thereof) shall have been satisfied. 
 (vi) Each Loan Party shall have entered into a reaffirmation
agreement, in form and substance reasonably satisfactory to the Administrative Agent. 
 SECTION 1.03. Amendment of Credit
Agreement. Effective as of the Second Refinancing Amendment Effective Date, the Credit Agreement is hereby amended as follows: 
 (i) The following definitions are hereby added in the appropriate alphabetical order to Section 1.01(or, to the extent applicable, are hereby amended and restated in their entirety): 

“Conversion” has the meaning assigned thereto in the Second Refinancing Amendment. 

“Converted Term Loans” has the meaning assigned thereto in the Second Refinancing Amendment. 

“Second Refinancing Amendment” means the Second Refinancing Amendment to this Agreement dated as of February 6,
2013, among Holdings, the Borrower, the Term B Lenders party thereto and the Administrative Agent. 
 “Second
Refinancing Amendment Effective Date” has the meaning assigned thereto in the Second Refinancing Amendment. 

  
 4 

 “Second Refinancing Amendment Reaffirmation Agreement” means the
Reaffirmation Agreement dated as of February 6, 2013, among Holdings, the subsidiaries of Holdings party thereto and the Administrative Agent. 
 “Joint Lead Arrangers” means Merrill Lynch, Pierce, Fenner & Smith Incorporated Barclays Bank PLC, Credit Suisse Securities (USA) LLC, Goldman Sachs Lending Partners LLC, Morgan
Stanley Senior Funding, Inc. and UBS Securities LLC. 
 “Original Term Loans” has the meaning assigned thereto
in the Second Refinancing Amendment. 
 (ii) The first clause before the word “and” of the last
sentence of the definition of “Alternate Base Rate” set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 “Notwithstanding the foregoing, (A) the Alternate Base Rate with respect to Term Loans will be deemed to be 2.00% per annum if the Alternate Base Rate with respect to Term Loans calculated
pursuant to the foregoing provisions would otherwise be less than 2.00%” 
 (iii) Clause (a) of the
definition of “Applicable Rate” set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 ““Applicable Rate” means, for any day, 
 (a)
with respect to any Term Loan, (A) 1.75% per annum in the case of an ABR Loan or (B) 2.75% per annum in the case of a Eurocurrency Loan 
 (iv) The definition of “Documentation Agents” set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows: 

““Documentation Agents” means Barclays Bank PLC, Credit Suisse Securities (USA) LLC and Goldman Sachs Lending
Partners LLC in their capacity as documentation agents.” 
 (v) The definition of “Joint
Bookrunners” set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 ““Joint Bookrunners” means Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC, Credit Suisse Securities (USA) LLC, Goldman Sachs Lending Partners LLC,
Morgan Stanley Senior Funding, Inc. and UBS Securities LLC.” 
 (vi) The first clause before the word
“and” of the last sentence of the definition last sentence of the definition of “LIBO Rate” set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows: 

  
 5 

 “Notwithstanding the foregoing (A) the LIBO Rate with respect to any applicable
Interest Period for Term Loans will be deemed to be 1.00% per annum if the LIBO Rate for such Interest Period for such Term Loan determined pursuant to this definition would otherwise be less than 1.00%” 

(vii) The following definition of “Repricing Transaction” is added to Section 1.01 of the Credit
Agreement: 
 ““Repricing Transaction” means the prepayment or refinancing of all or a portion of the Term
Loans with the incurrence by any Loan Party of any long-term bank debt financing incurred for the primary purpose of reducing the effective interest cost or weighted average yield (as reasonably determined by the Administrative Agent consistent with
generally accepted financial practice and, in any event, excluding any arrangement or commitment fees in connection therewith) of the Term Loans, including without limitation, as may be effected through any amendment to this Agreement relating to
the interest rate for, or weighted average yield of, the Term Loans, but which, for the avoidance of doubt, does not include any prepayment or refinancing in connection with a Change in Control or any refinancing that involves an upsizing in
connection with an acquisition.” 
 (viii) The definition of “Security Documents” set forth in
Section 1.01 of the Credit Agreement is hereby amended by adding the text “, the Second Refinancing Amendment Reaffirmation Agreement” after the text “First Refinancing Amendment Reaffirmation Agreement” appearing in such
definition. 
 (ix) The definition of “Term Commitment” set forth in Section 1.01 of the Credit
Agreement is hereby amended and restated in its entirety as follows: 
 ““Term Commitment” means, with
respect to each Term Lender, its obligation to make a Term Loan to the Company pursuant to the Second Refinancing Amendment (including pursuant to a Conversion of Original Term Loans of such Term Lender) in an aggregate amount not to exceed the
amount set forth on such Lender’s signature page to the Second Refinancing Amendment under the caption “Term B Commitment” or in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable,
as such amount may be adjusted from time to time in accordance with this Agreement. On the Second Refinancing Amendment Effective Date the initial aggregate amount of the Term Commitments is $1,305,000,000. 

(x) The definition of “Term Loan” set forth in Section 1.01 of the Credit Agreement is hereby amended and
restated in its entirety as follows: 

  
 6 

 ““Term Loan” means a Term Loan made pursuant to clause (a) of
Section 2.01 and Other Term Loans (including a Term B Loan constituting Credit Agreement Refinancing Indebtedness thereof made pursuant to, and as defined in, the Second Refinancing Amendment (including Converted Term Loans as defined
herein)).” 
 (xi) Clause (a) of Section 2.10 of the Credit Agreement is hereby amended and
restated in its entirety as follows: 
 “Subject to adjustment pursuant to paragraph (c) of this Section, the Borrower
shall repay Term Borrowings on the last day of each March, June, September and December (commencing on June 30, 2013) in the principal amount of Term Loans equal to (i) the aggregate outstanding principal amount of Term Loans on the Second
Refinancing Amendment Effective Date (after giving effect to the Second Refinancing Amendment) multiplied by (ii) 0.25%; provided that if any such date is not a Business Day, such payment shall be due on the next preceding Business
Day.” 
 (xii) Clause (a)(i) of Section 2.11 of the Credit Agreement is hereby amended and restated in
its entirety as follows: 
 (a)(i) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in
whole or in part, subject to the requirement of this Section; provided that in the event that, on or prior to the six month anniversary of the Second Refinancing Amendment Effective Date, the Borrower (x) makes any prepayment of Term
Loans in connection with any Repricing Transaction (including, without limitation, pursuant to this Section 2.11(a)(i) or Section 2.11(c) in connection with the incurrence of Credit Agreement Refinancing Indebtedness), or (y) effects
any amendment of this Agreement resulting in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the ratable account of each of the applicable Term Lender, (I) in the case of clause (x), a prepayment premium of 1%
of the amount of the Term Loans being prepaid and (II) in the case of clause (y), a payment equal to 1% of the aggregate amount of the applicable Term Loans outstanding immediately prior to such amendment. 

SECTION 1.04. Amendment Effectiveness. This Amendment shall become effective as of the first date (the “Second Refinancing
Amendment Effective Date”) on which the following conditions have been satisfied: 
 (a) The
Administrative Agent (or its counsel) shall have received from (i) the Borrower, (ii) Holdings, (iii) each Term B Lender and (iv) the Administrative Agent, either (x) counterparts of this Amendment signed on behalf of
such parties or (y) written evidence satisfactory to the Administrative Agent (which may include facsimile or other electronic transmissions of signed signature pages) that such parties have signed counterparts of this Amendment. 

  
 7 

 (b) The conditions to the making of the Term B Loans set forth in
Section 1.02(g) hereof (other than clause (v) thereof) shall have been satisfied. 
 (c) The Borrower
shall have obtained Term B Commitments in an aggregate amount equal to $1,305,000,000. The Borrower shall have paid in full, or substantially concurrently with the satisfaction of the other conditions precedent set forth in this
Section 1.04 shall pay in full (i) all of the Original Term Loans (giving effect to any Conversion thereof), (ii) all accrued and unpaid fees and interest with respect to the Original Term Loans (including any such Original Term Loans
that will be converted to Term B Loans on the Second Refinancing Amendment Effective Date) and (iii) to the extent invoiced, any amounts payable to the Persons that are Exiting Term Lenders immediately prior to the Second Refinancing Amendment
Effective Date pursuant to Section 2.16 of the Credit Agreement, such payments to be made with the cash proceeds of the Term B Loans to be made on the Second Refinancing Amendment Effective Date and other funds available to the Borrower.

 (d) The Administrative Agent shall have received, in immediately available funds, payment or reimbursement of
all costs, fees, out-of-pocket expenses, compensation and other amounts then due and payable in connection with this Amendment, including, to the extent invoiced at least one Business Day prior to the Second Refinancing Amendment Effective Date, the
reasonable fees, charges and disbursements of counsel for the Administrative Agent. 
 The Administrative Agent shall notify the Borrower, the
Term B Lenders and the other Lenders of the Second Refinancing Amendment Effective Date and such notice shall be conclusive and binding. Notwithstanding the foregoing, the amendment effected hereby shall not become effective and the obligations
of the Term B Lenders hereunder to make Term B Loans will automatically terminate, if each of the conditions set forth or referred to in Sections 1.02(e) and 1.04 hereof has not been satisfied at or prior to 5:00 p.m.,
New York City time, on February 6, 2013 
 ARTICLE II. 

Miscellaneous 
 SECTION 2.01. Representations and Warranties. (a) To induce the other parties hereto to enter into this Amendment, the Borrower represents and warrants to each of the Lenders, including the
Term B Lenders, and the Administrative Agent that, as of the Second Refinancing Amendment Effective Date and after giving effect to the transactions and amendments to occur on the Second Refinancing Amendment Effective Date, this Amendment has
been duly authorized, executed and delivered by each of Holdings and the Borrower and constitutes, and the Credit Agreement, as amended hereby on the Second Refinancing Amendment Effective Date, will constitute, its legal, valid and binding
obligation, enforceable against each of the Loan Parties in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general
principles of equity, regardless of whether considered in a proceeding in equity or at law. 

  
 8 

 (b) The representations and warranties of each Loan Party set forth in the
Loan Documents are, after giving effect to this Amendment on such date, true and correct in all material respects on and as of the Second Refinancing Amendment Effective Date with the same effect as though made on and as of such date, except to the
extent such representations and warranties expressly relate to an earlier date (in which case such representations and warranties were true and correct in all material respects as of such earlier date). 

(c) After giving effect to this Amendment and the transactions contemplated hereby on the relevant date, no Default or
Event of Default has occurred and is continuing on the Second Refinancing Amendment Effective Date. 
 (d)
Immediately after the consummation of the transactions contemplated under this Amendment to occur on the Second Refinancing Amendment Effective Date, after taking into account all applicable rights of indemnity and contribution, (a) the fair
value of the assets of Holdings the Borrower and its Restricted Subsidiaries, taken as a whole, at a fair valuation, will exceed their debts and liabilities, subordinated, contingent or otherwise, (b) the present fair saleable value of the
property of Holdings and the Borrower and its Restricted Subsidiaries, taken as a whole, will be greater than the amount that will be required to pay the probable liability of their debts and other liabilities, subordinated, contingent or otherwise,
as such debts and other liabilities become absolute and matured, (c) Holdings, the Borrower and its Restricted Subsidiaries, taken as a whole, will be able to pay their debts and liabilities, subordinated, contingent or otherwise, as such debts
and liabilities become absolute and matured and (d) Holdings, the Borrower and its Restricted Subsidiaries, taken as a whole, will not have unreasonably small capital with which to conduct the business in which they are engaged as such business
is now conducted and is proposed to be conducted following the Second Refinancing Amendment Effective Date. For purposes of this Section 2.01(d), the amount of any contingent liability at any time shall be computed as the amount that, in the
light of all of the facts and circumstances existing at such time, represents the amount that could reasonably be expected to become an actual or matured liability. 
 SECTION 2.02. Effect of Amendment. (a) Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the
rights and remedies of, the Lenders or the Agent Parties under the Credit Agreement or any other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in
the Credit Agreement or any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect. Nothing herein shall be deemed to establish a precedent for purposes of interpreting the provisions
of the Credit Agreement or entitle any Loan Party to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan
Document in similar or different circumstances. This Amendment shall apply to and be effective only with respect to the provisions of the Credit Agreement and the other Loan Documents specifically referred to herein. 

(b) On and after the Second Refinancing Amendment Effective Date, each reference in the Credit Agreement to “this
Agreement”, “hereunder”, “hereof”, “herein” or words of like import, and each reference to the Credit Agreement, “thereunder”, “thereof”, “therein” or

  
 9 

 
words of like import in any other Loan Document, shall be deemed a reference to the Credit Agreement, as amended hereby. This Amendment shall constitute a Refinancing Amendment entered into
pursuant to Section 2.21 of the Credit Agreement and a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents. 
 SECTION 2.03. Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the State of New York. The provisions of Sections 9.09 and 9.10
of the Credit Agreement shall apply to this Amendment to the same extent as if fully set forth herein. 
 SECTION 2.04.
Costs and Expenses. The Borrower agrees to reimburse the Administrative Agent for its reasonable out of pocket expenses in connection with this Amendment and the transactions contemplated hereby, including the reasonable fees, charges and
disbursements of Cahill Gordon & Reindel llp, counsel for the Administrative Agent and the Joint Bookrunners and Co-Managers. 
 SECTION 2.05. Counterparts. This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall
be deemed an original, but all such counterparts together shall constitute but one and the same instrument. Delivery of any executed counterpart of a signature page of this Amendment by facsimile transmission or other electronic imaging means shall
be effective as delivery of a manually executed counterpart hereof. 
 SECTION 2.06. Headings. The headings of this
Amendment are for purposes of reference only and shall not limit or otherwise affect the meaning hereof. 

  
 10 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and
delivered by their officers as of the date first above written. 
  

			
	IGLOO INTERMEDIATE CORPORATION
		
	BY	 	/s/ VINCENT A. CHIPPARI
		 	 NAME: Vincent A. Chippari

TITLE: Treasurer

  
  

 

			
	INTERACTIVE DATA CORPORATION
		
	BY	 	/s/ VINCENT A. CHIPPARI
		 	 NAME: Vincent A. Chippari

TITLE: Senior Vice President and Chief Financial Officer

  
  

 
 [Signature Page to Second Refinancing Amendment]

  
 11 

 
			
	BANK OF AMERICA, N.A., individually and as Administrative Agent, Issuing Bank and Swingline Lender,
		
	BY	 	/s/ ALYSA A. TRAKAS
		 	 Name: Alysa A. Trakas

Title: Director

  
  

 
 [Signature Page to Second Refinancing Amendment]

  

  
 12 

 
			
	 To approve each of the Refinancing Amendment and to make Term B Loans on the Second Refinancing Amendment Effective Date in
the amount set forth below:
  
 BANK OF AMERICA, N.A.,

as an Additional Term B Lender

		
	BY	 	/s/ ALYSA A. TRAKAS
		 	 Name: Alysa A. Trakas

Title: Director

  
 Amount of Term B
Commitment:                                       
                                         
     $191,896,024.20 
  
  

 
 [Signature Page to Second Refinancing Amendment]

  

  
 13

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